Balkrishna Industries Limited (BALKRISIND) AI Stock Analysis

• Market Cap: ₹454.91B
• Dividend Yield: 0.85%
• Average Volume (3M): 10.96K
• Price to Earnings (P/E): 31.3
• Beta (1Y): 0.95
• Revenue Growth: 5.73%
• EPS Growth: -10.82%
• Country: IN
• Employees: 3,590
• Sector: Basic Materials
• Sector Strength: 58
• Industry: Auto - Parts
• EPS (TTM): 14.90
• Shares Outstanding: 193,317,180
• 10 Day Avg. Volume: 6,776
• 30 Day Avg. Volume: 10,962
• PEG Ratio: N/A
• Price to Book (P/B): N/A
• Price to Sales (P/S): N/A
• P/FCF Ratio: N/A
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: ₹2,271.75
• Price Target Upside: -3.46% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 4

• Rating: 68 Neutral
• Price Target: ₹2,737.00 ▲(16.31% Upside)

Balkrishna Industries Limited has a strong financial foundation with robust revenue growth and profitability, which is the most significant factor in its score. Technical analysis shows mixed signals with potential overbought conditions, and valuation metrics suggest the stock may be overvalued. The absence of earnings call data and corporate events limits further insights.

Balkrishna Industries Limited Business Overview & Revenue Model

Company Description

Balkrishna Industries Limited manufactures and sells tires worldwide. It offers rubber tires, tubes, and carbon black products. The company provides off-highway tires for use in various applications, such as agricultural, industrial and construction, earthmoving and port, mining, forestry, lawn and garden, and all-terrain vehicles. It sells its products through a network of distributors. The company was incorporated in 1961 and is headquartered in Mumbai, India.

How the Company Makes Money

Balkrishna Industries Limited generates revenue primarily through the manufacturing and sale of off-highway tires. These tires are designed for vehicles in sectors such as agriculture, construction, and mining, which require robust and durable tire solutions. The company earns money by selling its products to a wide range of clients, including OEMs (Original Equipment Manufacturers) and aftermarket distributors. A significant portion of its revenue comes from exports, catering to markets across North America, Europe, and other international regions. Additionally, the company benefits from strategic partnerships and a strong distribution network, which enable it to reach a broad customer base and maintain steady sales growth. The focus on innovation and R&D to enhance product offerings also contributes to its competitive edge and revenue generation.

Balkrishna Industries Limited Financial Statement Overview

Summary

Balkrishna Industries Limited demonstrates strong financial health with consistent revenue growth, robust profit margins, and a solid equity base. The financial position is stable with manageable debt levels, although there are fluctuations in cash flow due to capital expenditures.

Income Statement

Balkrishna Industries Limited has shown a strong revenue growth trajectory with consistent increases over the years. The gross profit and net profit margins are robust, indicating effective cost management and operational efficiency. EBIT and EBITDA margins are healthy, underscoring profitability. However, there was a notable dip in EBIT in 2024, which has since recovered, showing resilience.

Balance Sheet

The balance sheet reflects a stable financial position with a strong equity base. The debt-to-equity ratio is reasonable, suggesting a balanced approach to leverage. Return on equity is solid, but there is room for improvement. The equity ratio indicates a well-capitalized company, although there was a slight increase in total debt in 2025, which warrants monitoring.

Cash Flow

Cash flow analysis reveals positive free cash flow growth in 2025 after a downturn in previous years. The operating cash flow to net income ratio is strong, showing efficient cash generation. However, fluctuations in free cash flow highlight potential volatility, primarily due to capital expenditures. Continued focus on cash flow stability is recommended.

Breakdown	TTM	Dec 2025	Dec 2024	Dec 2023	Dec 2022	Dec 2021
Income Statement
Total Revenue	104.47B	104.47B	93.04B	96.55B	82.13B	56.76B
Gross Profit	50.94B	53.86B	44.89B	41.50B	39.39B	30.20B
EBITDA	28.89B	24.58B	26.93B	20.49B	24.45B	19.81B
Net Income	16.55B	16.55B	14.71B	10.57B	14.35B	11.78B
Balance Sheet
Total Assets	156.35B	156.35B	136.85B	123.48B	109.79B	81.66B
Cash, Cash Equivalents and Short-Term Investments	18.80B	18.80B	14.24B	8.44B	7.30B	4.47B
Total Debt	32.67B	32.67B	30.99B	33.47B	25.29B	10.01B
Total Liabilities	52.47B	52.47B	48.31B	47.91B	40.46B	21.67B
Stockholders Equity	103.88B	103.88B	88.54B	75.57B	69.33B	60.00B
Cash Flow
Free Cash Flow	0.00	2.81B	9.45B	-3.15B	-6.87B	4.13B
Operating Cash Flow	0.00	17.64B	20.43B	14.48B	9.08B	13.39B
Investing Cash Flow	0.00	-14.79B	-14.76B	-17.83B	-18.97B	-11.73B
Financing Cash Flow	0.00	-2.79B	-6.02B	3.59B	9.80B	-1.58B

Balkrishna Industries Limited Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 2353.20
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:BALKRISIND, the sentiment is Negative. The current price of 2353.2 is below the 20-day moving average (MA) of 2404.28, below the 50-day MA of 2480.83, and below the 200-day MA of 2581.28, indicating a bearish trend. The MACD of -0.37 indicates Negative momentum. The RSI at 40.75 is Neutral, neither overbought nor oversold. The STOCH value of 11.88 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for IN:BALKRISIND.

Balkrishna Industries Limited Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
MRF	68 Neutral	₹630.23B	35.04	10.11%	0.16%	10.44%	-12.83%
BALKRISIND	68 Neutral	₹454.91B	31.30	―	0.85%	5.73%	-10.82%
APOLLOTYRE	66 Neutral	₹304.82B	36.63	7.59%	1.04%	3.46%	-48.85%
TVSSRICHAK	62 Neutral	₹25.33B	94.47	1.74%	0.51%	8.87%	-71.38%
CEATLTD	60 Neutral	₹137.47B	31.90	―	0.88%	11.09%	-33.93%
JKTYRE	60 Neutral	₹98.20B	21.87	10.21%	0.84%	―	-50.24%
Sector *	61 Neutral	$10.43B	7.12	-0.05%	2.87%	2.86%	-36.73%

Balkrishna Industries Limited Corporate Events

Balkrishna Industries Sets Record Date for Dividend and Announces Virtual AGM

Balkrishna Industries Limited has announced the record date for its final dividend for the financial year 2024-25 as July 12, 2025. The company’s 63rd Annual General Meeting will be held on July 26, 2025, through video conferencing, where the final dividend will be approved. This announcement is part of the company’s integrated annual report, which has been made available online to shareholders. The decision to hold the AGM virtually aligns with regulatory guidelines and reflects the company’s commitment to maintaining transparency and accessibility for its stakeholders.