Balkrishna Industries Ltd. is a global manufacturer of off-highway tires, serving sectors such as agriculture, construction, mining, industrial, and forestry. With a premium export-led product mix and deep global penetration, the company continues to scale operations through automation, brand partnerships, and diversified geographic strategies. The stock is currently trading at ₹2,742.10.
Balkrishna Industries Ltd. – FY22–FY25 Snapshot
Sales – ₹7,112 Cr → ₹7,446 Cr → ₹7,895 Cr → ₹8,475 Cr – Recovery and volume expansion in export markets
Net Profit – ₹952 Cr → ₹998 Cr → ₹1,072 Cr → ₹1,165 Cr – Margin resilience despite input cost volatility Company Order Book – Moderate → Strong → Strong → Strong – Improved visibility from OEM and aftermarket channels Dividend Yield (%) – 0.88% → 0.91% → 0.95% → 1.00% – Stable payouts supported by free cash flows
Operating Performance – Moderate → Strong → Strong → Strong – Volume and ASP mix supporting margins
Equity Capital – ₹38.66 Cr (constant) – Efficient capital structure
Total Debt – ₹260 Cr → ₹245 Cr → ₹229 Cr → ₹210 Cr – Conservative leverage, improving coverage
Total Liabilities – ₹2,460 Cr → ₹2,530 Cr → ₹2,595 Cr → ₹2,660 Cr – Stable expansion with operating scale
Fixed Assets – ₹1,470 Cr → ₹1,525 Cr → ₹1,580 Cr → ₹1,635 Cr – Strategic capex on automation and green initiatives
Latest Highlights FY25 net profit rose 8.7% YoY to ₹1,165 Cr; revenue increased 7.3% to ₹8,475 Cr EPS: ₹60.13 | EBITDA Margin: 25.4% | Net Margin: 13.74% Return on Equity: 19.42% | Return on Assets: 11.95% Promoter holding: 58.30% | Dividend Yield: 1.00% Growth in U.S. and Brazil market offset moderate Europe volumes Automation-led capex improving plant efficiency and delivery timelines
Institutional Interest & Ownership Trends Promoter holding remains solid at 58.30% with no pledging or dilution. FIIs have maintained positions with marginal increases, while DIIs have held steady. Recent delivery volume trends indicate quiet accumulation among institutions focused on export-driven and specialty manufacturing narratives.
Business Growth Verdict Yes, Balkrishna Industries continues to build scale and resilience Margins remain firm across markets despite volatility Debt and liability management reflect financial discipline Capex strategies align with operational efficiency and environmental goals
Company Guidance Management expects continued expansion in export markets and steady profitability, with emphasis on improving automation and sustainability across manufacturing processes.
Final Investment Verdict Balkrishna Industries Ltd. stands out as a consistent performer in India’s specialty manufacturing space. Its global footprint, strong cash flows, efficient capital deployment, and resilience across market cycles position the company well for long-term value creation. Continued operational leverage and conservative financial practices make it suitable for accumulation by investors seeking industrial exposure with stable returns.
Balkrishna Industries Ltd. – FY22–FY25 Snapshot
Sales – ₹7,112 Cr → ₹7,446 Cr → ₹7,895 Cr → ₹8,475 Cr – Recovery and volume expansion in export markets
Net Profit – ₹952 Cr → ₹998 Cr → ₹1,072 Cr → ₹1,165 Cr – Margin resilience despite input cost volatility Company Order Book – Moderate → Strong → Strong → Strong – Improved visibility from OEM and aftermarket channels Dividend Yield (%) – 0.88% → 0.91% → 0.95% → 1.00% – Stable payouts supported by free cash flows
Operating Performance – Moderate → Strong → Strong → Strong – Volume and ASP mix supporting margins
Equity Capital – ₹38.66 Cr (constant) – Efficient capital structure
Total Debt – ₹260 Cr → ₹245 Cr → ₹229 Cr → ₹210 Cr – Conservative leverage, improving coverage
Total Liabilities – ₹2,460 Cr → ₹2,530 Cr → ₹2,595 Cr → ₹2,660 Cr – Stable expansion with operating scale
Fixed Assets – ₹1,470 Cr → ₹1,525 Cr → ₹1,580 Cr → ₹1,635 Cr – Strategic capex on automation and green initiatives
Latest Highlights FY25 net profit rose 8.7% YoY to ₹1,165 Cr; revenue increased 7.3% to ₹8,475 Cr EPS: ₹60.13 | EBITDA Margin: 25.4% | Net Margin: 13.74% Return on Equity: 19.42% | Return on Assets: 11.95% Promoter holding: 58.30% | Dividend Yield: 1.00% Growth in U.S. and Brazil market offset moderate Europe volumes Automation-led capex improving plant efficiency and delivery timelines
Institutional Interest & Ownership Trends Promoter holding remains solid at 58.30% with no pledging or dilution. FIIs have maintained positions with marginal increases, while DIIs have held steady. Recent delivery volume trends indicate quiet accumulation among institutions focused on export-driven and specialty manufacturing narratives.
Business Growth Verdict Yes, Balkrishna Industries continues to build scale and resilience Margins remain firm across markets despite volatility Debt and liability management reflect financial discipline Capex strategies align with operational efficiency and environmental goals
Company Guidance Management expects continued expansion in export markets and steady profitability, with emphasis on improving automation and sustainability across manufacturing processes.
Final Investment Verdict Balkrishna Industries Ltd. stands out as a consistent performer in India’s specialty manufacturing space. Its global footprint, strong cash flows, efficient capital deployment, and resilience across market cycles position the company well for long-term value creation. Continued operational leverage and conservative financial practices make it suitable for accumulation by investors seeking industrial exposure with stable returns.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.