Balkrishna Industries shares jumped 4.44% to Rs 2,770.60 in Thursday's trading session, driven by high volume and positive investor sentiment. The stock demonstrated significant upward momentum, making it among the top gainers on the NIFTY MIDCAP 150. This performance marks a notable increase from its previous close.
Financial Snapshot:
Here's a look at Balkrishna Industries' financial performance:
ParameterMar 2024Jun 2024Sep 2024Dec 2024
Mar 2025RevenueRs 2,681.92 CroreRs 2,714.50 CroreRs 2,419.74 CroreRs 2,560.33 Crore
Rs 2,752.38 CroreNet ProfitRs 486.75 CroreRs 489.99 CroreRs 346.94 CroreRs 449.48 Crore
Rs 368.55 CroreEPS25.1825.3517.9523.25
19.06
The company's quarterly revenue saw fluctuations, with a recent increase to Rs 2,752.38 Crore in March 2025 from Rs 2,681.92 Crore in March 2024. However, the net profit for the same period decreased to Rs 368.55 Crore from Rs 486.75 Crore.
Parameter2021202220232024
2025RevenueRs 5,783.19 CroreRs 8,295.12 CroreRs 9,759.53 CroreRs 9,368.87 Crore
Rs 10,446.95 CroreNet ProfitRs 1,177.53 CroreRs 1,435.38 CroreRs 1,057.40 CroreRs 1,471.49 Crore
Rs 1,654.96 CroreEPS60.9174.2554.7076.12
85.61BVPS310.39358.67390.94458.04
537.38ROE19.6220.7013.9916.61
15.93Debt to Equity0.170.360.440.35
0.31
The annual revenue for Balkrishna Industries has shown a consistent increase, reaching Rs 10,446.95 Crore for the year-ending March 2025, compared to Rs 9,368.87 Crore for the year-ending March 2024. Net profit also rose to Rs 1,654.96 Crore in March 2025 from Rs 1,471.49 Crore in the previous year. The company’s debt-to-equity ratio stood at 0.31 as of March 2025.
Income Statement:
ParameterMar 2025Mar 2024Mar 2023Mar 2022
Mar 2021SalesRs 10,446 CroreRs 9,368 CroreRs 9,759 CroreRs 8,295 Crore
Rs 5,783 CroreOther IncomeRs 538 CroreRs 449 CroreRs 346 CroreRs 437 Crore
Rs 172 CroreTotal IncomeRs 10,985 CroreRs 9,818 CroreRs 10,106 CroreRs 8,733 Crore
Rs 5,955 CroreTotal ExpenditureRs 8,670 CroreRs 7,764 CroreRs 8,623 CroreRs 6,741 Crore
Rs 4,389 CroreEBITRs 2,315 CroreRs 2,053 CroreRs 1,482 CroreRs 1,991 Crore
Rs 1,566 CroreInterestRs 128 CroreRs 112 CroreRs 48 CroreRs 9 Crore
Rs 11 CroreTaxRs 532 CroreRs 469 CroreRs 377 CroreRs 546 Crore
Rs 377 CroreNet ProfitRs 1,654 CroreRs 1,471 CroreRs 1,057 CroreRs 1,435 Crore
Rs 1,177 Crore
The sales for the year-ending March 2025 increased to Rs 10,446 Crore compared to Rs 9,368 Crore in the year-ending March 2024. The net profit also increased to Rs 1,654 Crore for the year-ending March 2025 from Rs 1,471 Crore for the year-ending March 2024.
Quarterly Income Statement:
ParameterMar 2025Dec 2024Sep 2024Jun 2024
Mar 2024SalesRs 2,752 CroreRs 2,560 CroreRs 2,419 CroreRs 2,714 Crore
Rs 2,681 CroreOther IncomeRs 99 CroreRs 187 CroreRs 90 CroreRs 161 Crore
Rs 170 CroreTotal IncomeRs 2,851 CroreRs 2,747 CroreRs 2,510 CroreRs 2,876 Crore
Rs 2,852 CroreTotal ExpenditureRs 2,317 CroreRs 2,132 CroreRs 2,006 CroreRs 2,214 Crore
Rs 2,174 CroreEBITRs 534 CroreRs 615 CroreRs 503 CroreRs 661 Crore
Rs 677 CroreInterestRs 49 CroreRs 15 CroreRs 41 CroreRs 21 Crore
Rs 30 CroreTaxRs 116 CroreRs 150 CroreRs 115 CroreRs 149 Crore
Rs 160 CroreNet ProfitRs 368 CroreRs 449 CroreRs 346 CroreRs 489 Crore
Rs 486 Crore
The sales for the quarter-ending March 2025 stood at Rs 2,752 Crore. The net profit for the quarter-ending March 2025 was Rs 368 Crore.
Cash Flow:
ParameterMar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Operating ActivitiesRs 1,764 CroreRs 2,082 CroreRs 1,447 CroreRs 908 Crore
Rs 1,339 CroreInvesting ActivitiesRs -1,479 CroreRs -1,475 CroreRs -1,783 CroreRs -1,897 Crore
Rs -1,173 CroreFinancing ActivitiesRs -279 CroreRs -601 CroreRs 358 CroreRs 980 Crore
Rs -158 CroreOthersRs 0 CroreRs 0 CroreRs 0 CroreRs 0 Crore
Rs 0 CroreNet Cash FlowRs 5 CroreRs 5 CroreRs 23 CroreRs -9 Crore
Rs 8 Crore
The cash flow from operating activities for the year-ending March 2025 was Rs 1,764 Crore.
Balance Sheet:
ParameterMar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Share CapitalRs 38 CroreRs 38 CroreRs 38 CroreRs 38 Crore
Rs 38 CroreReserves & SurplusRs 10,348 CroreRs 8,815 CroreRs 7,518 CroreRs 6,894 Crore
Rs 5,961 CroreCurrent LiabilitiesRs 4,226 CroreRs 3,660 CroreRs 3,349 CroreRs 3,235 Crore
Rs 1,901 CroreOther LiabilitiesRs 1,020 CroreRs 1,170 CroreRs 1,441 CroreRs 810 Crore
Rs 265 CroreTotal LiabilitiesRs 15,634 CroreRs 13,684 CroreRs 12,347 CroreRs 10,978 Crore
Rs 8,166 CroreFixed AssetsRs 7,926 CroreRs 7,261 CroreRs 6,775 CroreRs 5,277 Crore
Rs 4,225 CroreCurrent AssetsRs 5,571 CroreRs 4,644 CroreRs 3,927 CroreRs 3,894 Crore
Rs 2,481 CroreOther AssetsRs 2,136 CroreRs 1,778 CroreRs 1,644 CroreRs 1,807 Crore
Rs 1,458 CroreTotal AssetsRs 15,634 CroreRs 13,684 CroreRs 12,347 CroreRs 10,978 Crore
Rs 8,166 CroreContingent LiabilitiesRs 1,583 CroreRs 1,678 CroreRs 1,419 CroreRs 1,320 Crore
Rs 1,292 Crore
The total liabilities for the year-ending March 2025 were Rs 15,634 Crore, and the total assets were also Rs 15,634 Crore.
Key Ratios:
RatioMar 2025Mar 2024Mar 2023Mar 2022
Mar 2021Basic EPS (Rs.)85.6176.1254.7074.25
60.91Diluted EPS (Rs.)85.6176.1254.7074.25
60.91Book Value / Share (Rs.)537.38458.04390.94358.67
310.39Dividend/Share (Rs.)16.0016.0016.0028.00
17.00Face Value2222
2Gross Profit Margin (%)28.6828.8621.0429.49
34.28Operating Margin (%)22.1621.9215.1924.00
27.08Net Profit Margin (%)15.8415.7010.8317.30
20.36Return on Equity (%)15.9316.6113.9920.70
19.62ROCE (%)20.2920.4816.4725.71
25.00Return On Assets (%)10.5810.758.5613.07
14.41Current Ratio (X)1.321.271.171.20
1.31Quick Ratio (X)0.900.900.670.69
0.81Debt to Equity (x)0.310.350.440.36
0.17Interest Coverage Ratios (X)23.3523.9642.75267.40
137.64Asset Turnover Ratio (%)0.710.720.840.87
70.81Inventory Turnover Ratio (X)3.202.942.943.07
6.153 Yr CAGR Sales (%)12.2227.2842.4226.18
14.083 Yr CAGR Net Profit (%)7.3811.794.9736.21
26.51P/E (x)29.8430.4435.6828.77
27.72P/B (x)4.745.064.995.96
5.45EV/EBITDA (x)17.5117.6819.9617.91
16.95P/S (x)4.724.783.874.98
5.65
As of March 2025, the P/E ratio for Balkrishna Industries is 29.84, and the P/B ratio is 4.74. The company’s debt-to-equity ratio stood at 0.31 as of the year-ending March 2025.
Corporate Actions:
Balkrishna Industries has announced several corporate actions, including dividend payments. The company fixed July 12, 2025, as the record date for determining entitlement of members to the final dividend for the financial year ended March 31, 2025. If the final dividend recommended by the Board of Directors is approved at the AGM, payment will be made after July 26, 2025, subject to tax deduction.
The company announced a final dividend of Rs 4.00 per share (200%) on May 23, 2025, with an effective date of July 11, 2025. Prior to this, interim dividends were announced on January 22, 2025, October 21, 2024, and August 2, 2024, each at Rs 4.00 per share.
The company has also issued bonus shares in the past, with the most recent bonus issue on November 8, 2017, in the ratio of 1:1. A stock split was announced on October 30, 2010, with the old face value of Rs 10 split into a new face value of Rs 2, effective December 20, 2010.
Moneycontrol's sentiment analysis indicates a bullish outlook for the stock as of July 17, 2025.With the stock currently trading at Rs 2,770.60, Balkrishna Industries has shown strong positive movement in today's session, driven by high volume and favorable investor sentiment.