Balkrishna Industries (502355) Stock Overview
Manufactures and sells tires in India, Europe, North America, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 1/6 |
| Future Growth | 3/6 |
| Past Performance | 2/6 |
| Financial Health | 5/6 |
| Dividends | 3/6 |
502355 Community Fair Values
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Analyst Price Targets
Balkrishna Industries Limited Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | ₹2,254.90 |
| 52 Week High | ₹2,800.20 |
| 52 Week Low | ₹1,971.50 |
| Beta | 0.36 |
| 1 Month Change | 6.51% |
| 3 Month Change | 6.30% |
| 1 Year Change | -7.69% |
| 3 Year Change | -8.89% |
| 5 Year Change | 2.68% |
| Change since IPO | 38,555.55% |
Recent News & Updates
Narrative Update • Jun 17
502355: Upcoming Dividend Decision Will Support Confident Undervalued Outlook
Analysts have revised their fair value estimate for Balkrishna Industries to ₹2,761 from ₹2,640, reflecting updated assumptions around the discount rate, revenue growth, profit margins, and a higher future P/E multiple. What’s in the News for Balkrishna Industries Balkrishna Industries has scheduled a board meeting on May 8, 2026, at 16:15 IST to review audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.
Narrative Update • Jun 02
502355: Board Dividend Decision And Stable Fair Value Will Shape Measured Outlook
Analysts have maintained the fair value estimate for Balkrishna Industries at ₹2,302.47 per share, with only minor adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions. These small changes result in a largely unchanged price target narrative.Narrative Update • May 19
502355: Upcoming Board Decisions And New Debentures Will Shape Measured Outlook
Analysts have trimmed their fair value estimate for Balkrishna Industries from ₹2,348.28 to ₹2,302.47, reflecting updated assumptions for revenue growth, profit margins, discount rate and future P/E expectations. What's in the News Balkrishna Industries has scheduled a board meeting on May 8, 2026 at 16:15 Indian Standard Time to consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to recommend a final dividend on equity shares, if any (Key Developments).Recent updates
Narrative Update • Jun 17
502355: Upcoming Dividend Decision Will Support Confident Undervalued Outlook
Analysts have revised their fair value estimate for Balkrishna Industries to ₹2,761 from ₹2,640, reflecting updated assumptions around the discount rate, revenue growth, profit margins, and a higher future P/E multiple. What’s in the News for Balkrishna Industries Balkrishna Industries has scheduled a board meeting on May 8, 2026, at 16:15 IST to review audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.Narrative Update • Jun 02
502355: Board Dividend Decision And Stable Fair Value Will Shape Measured Outlook
Analysts have maintained the fair value estimate for Balkrishna Industries at ₹2,302.47 per share, with only minor adjustments to inputs such as the discount rate, revenue growth, profit margin and future P/E assumptions. These small changes result in a largely unchanged price target narrative.Narrative Update • May 19
502355: Upcoming Board Decisions And New Debentures Will Shape Measured Outlook
Analysts have trimmed their fair value estimate for Balkrishna Industries from ₹2,348.28 to ₹2,302.47, reflecting updated assumptions for revenue growth, profit margins, discount rate and future P/E expectations. What's in the News Balkrishna Industries has scheduled a board meeting on May 8, 2026 at 16:15 Indian Standard Time to consider audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, and to recommend a final dividend on equity shares, if any (Key Developments).Narrative Update • May 01
502355: Planned Debentures And New Distribution Channel Will Support Confident Undervalued Outlook
Analysts have revised their price target on Balkrishna Industries from ₹3,018 to ₹2,640, reflecting updates to assumptions around the discount rate, revenue growth, profit margin, and future P/E expectations. What's in the News Balkrishna Industries plans to receive 75,000 unsecured redeemable non convertible debentures at ₹1,00,000 each, for total expected proceeds of ₹7.5b on March 2, 2026 (Key Developments).
Narrative Update • Apr 17
502355: Margin Pressure And Rich P E Will Likely Restrain Upside
Analysts have trimmed their price target on Balkrishna Industries from ₹1,960 to ₹1,931, reflecting updated views on revenue growth potential, profit margins and the appropriate P/E multiple for the stock. What's in the News Popular Auto Dealers Private Limited has been appointed as the authorized distributor for Balkrishna Industries' 2 wheeler and PCR tyre segments across Kerala and select regions of Karnataka, including key markets such as Bangalore, Mysore and Tumkur (Key Developments).Narrative Update • Apr 03
502355: New Distribution Partnership And Funding Plans Will Support Future Upside
Analysts have nudged their price target on Balkrishna Industries slightly higher from ₹2,337.00 to about ₹2,348.28. The revision reflects updated fair value work that incorporates small adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions.Narrative Update • Mar 19
502355: New Distribution Tie Up And Governance Moves Will Shape Fairly Valued Outlook
Analysts have trimmed their price target on Balkrishna Industries slightly, with fair value moving from about ₹2,384.67 to ₹2,337.00. This reflects modest adjustments to long term assumptions for discount rate, revenue growth, profit margin and future P/E.Narrative Update • Mar 05
502355: Debt Funding And Leadership Moves Will Support Confident Undervalued Outlook
Analysts have nudged their fair value estimate for Balkrishna Industries to ₹3,018.14, reflecting updated assumptions around discount rates, revenue growth, profit margins and future P/E expectations. What's in the News Balkrishna Industries plans to receive 75,000 unsecured redeemable non convertible debentures at ₹1,00,000 each, for total gross proceeds of ₹7.5b on March 2, 2026, indicating upcoming debt funding activity (Key Developments).Narrative Update • Feb 19
502355: Upcoming Board And Governance Decisions Will Shape Fairly Valued Outlook
The analyst price target for Balkrishna Industries has been revised from ₹2,324.94 to ₹2,384.67, with analysts citing updated assumptions around fair value, discount rate, revenue growth, profit margin, and future P/E as the key drivers behind this change. What's in the News Popular Vehicles & Services' subsidiary Popular Auto Dealers has become the exclusive distributor for Balkrishna Industries' 2 wheeler and PCR tyre segments across Kerala and select regions of Karnataka, adding these lines to its existing spare parts distribution operations in the region (Key Developments).Narrative Update • Feb 05
502355: Upcoming Board And Leadership Decisions Will Reinforce Confident Undervalued Outlook
Analysts have nudged their price target for Balkrishna Industries higher from ₹2,975.71 to ₹3,018.14, citing updated assumptions around discount rate, revenue growth, profit margin and future P/E, which slightly adjust their valuation framework. What's in the News A board meeting is scheduled on Jan 28, 2026 at 16:00 IST to consider unaudited standalone and consolidated financial results for the quarter and nine months ended Dec 31, 2025, along with other matters (company filing).Narrative Update • Jan 21
502355: Future Board Decisions Will Support Confidence In Revised Undervalued Outlook
Analysts have reduced their fair value estimate for Balkrishna Industries from ₹3,195.00 to about ₹2,975.71, citing updated assumptions that combine slightly higher expected revenue growth with lower profit margins, along with a modest adjustment to the future P/E and discount rate. What's in the News A board meeting is scheduled for October 31, 2025, to review unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, and to consider a second interim dividend on equity shares for FY 2025-26, if any (company filing).Narrative Update • Jan 07
502355: Future Revenue Slowdown Will Likely Outweigh Stable Profit Assumptions
Analysts kept their fair value estimate for Balkrishna Industries steady at ₹1,960, citing only modest tweaks to assumptions around the discount rate, revenue growth, profit margin and future P/E that were not material enough to shift the overall price target. What's in the News Balkrishna Industries has scheduled a Special and Extraordinary Shareholders Meeting on January 22, 2026, to be conducted via postal ballot in India (company filing).Narrative Update • Dec 15
502355: Future Revenue Slowdown Will Likely Outweigh Modest Margin Improvement
Analysts have trimmed their price target on Balkrishna Industries slightly from ₹2,000 to ₹1,960, as they factor in a moderation in revenue growth assumptions partly offset by marginally stronger profit margins and a higher expected future P E multiple. What's in the News Board meeting scheduled for October 31, 2025, at 16:00 IST to review unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025 (company filing) Board to consider declaration of a second interim dividend on equity shares for FY 2025-26, indicating potential near term shareholder payout (company filing) Meeting agenda also includes consideration of other corporate matters, leaving scope for additional governance or strategic decisions (company filing) Valuation Changes Fair Value: Trimmed slightly from ₹2,000 to ₹1,960, implying a modest reduction in the intrinsic value estimate.Narrative Update • Dec 01
502355: Board Meeting Will Address Interim Dividend Amid Stable Future Outlook
Analysts have slightly lowered their price target for Balkrishna Industries from ₹2,335.50 to ₹2,324.94, citing minor adjustments to growth projections and discount rates in their updated models. What's in the News Balkrishna Industries has scheduled a Board Meeting on October 31, 2025, at 16:00 IST to review the unaudited financial results for the quarter and half year ending September 30, 2025.Narrative Update • Nov 17
502355: Upcoming Board Meeting And Modest Shifts Expected In Future Performance
Analysts have reduced their price target for Balkrishna Industries from ₹2,478 to ₹2,335, citing expectations of slower growth and slightly lower profit margins. What's in the News Balkrishna Industries has scheduled a Board Meeting on October 31, 2025, at 16:00 IST to review unaudited financial results for the quarter and half year ending September 30, 2025 (Key Developments).Narrative Update • Nov 03
502355: Fair Value And Margins Will Steady Returns Amid Dividend Review
Narrative Update on Balkrishna Industries: Analyst Price Target Revision Analysts have revised their price target for Balkrishna Industries downward by approximately ₹52 to ₹2,478. This adjustment is attributed to marginal reductions in projected fair value and profit margin forecasts.Narrative Update • Sep 05
Tire Capacity Expansions And India Demand Will Unlock Premium Markets
With analysts providing no new reasoning, both the Discount Rate (14.48%) and Future P/E (29.98x) for Balkrishna Industries remained stable, resulting in an unchanged consensus price target of ₹2531. What's in the News Board meeting scheduled to consider unaudited Q1 FY26 financial results and possible declaration of first interim dividend.
New Narrative • Dec 03
Investment In Advanced Carbon Materials And OTR Tires To Boost Revenue Growth And Market Share
New plant operations in advanced carbon materials could diversify revenue streams, impacting non-tire industries like plastics and paints.Shareholder Returns
| 502355 | IN Auto Components | IN Market | |
|---|---|---|---|
| 7D | 8.2% | 3.7% | 3.8% |
| 1Y | -7.7% | 15.0% | 0.5% |
Return vs Industry: 502355 underperformed the Indian Auto Components industry which returned 15% over the past year.
Return vs Market: 502355 underperformed the Indian Market which returned -0.5% over the past year.
Price Volatility
| 502355 volatility | |
|---|---|
| 502355 Average Weekly Movement | 5.7% |
| Auto Components Industry Average Movement | 6.6% |
| Market Average Movement | 7.1% |
| 10% most volatile stocks in IN Market | 10.2% |
| 10% least volatile stocks in IN Market | 4.7% |
Stable Share Price: 502355 has not had significant price volatility in the past 3 months compared to the Indian market.
Volatility Over Time: 502355's weekly volatility (6%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 1961 | 3,758 | Arvind Kumar Poddar | www.bkt-tires.com |
Balkrishna Industries Limited manufactures and sells tires in India, Europe, North America, and internationally. It provides manufacturing and selling of off-highway tires OHT for use in various applications, such as agricultural, mining, forestry, construction, industrial, earthmoving, port, all-terrain vehicle ATV, and turf care applications. The company was incorporated in 1961 and is headquartered in Mumbai, India.
Balkrishna Industries Limited Fundamentals Summary
| 502355 fundamental statistics | |
|---|---|
| Market cap | ₹435.91b |
| Earnings (TTM) | ₹12.43b |
| Revenue (TTM) | ₹108.23b |
35.1x
P/E Ratio4.0x
P/S RatioIs 502355 overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| 502355 income statement (TTM) | |
|---|---|
| Revenue | ₹108.23b |
| Cost of Revenue | ₹52.27b |
| Gross Profit | ₹55.96b |
| Other Expenses | ₹43.53b |
| Earnings | ₹12.43b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
n/a
| Earnings per share (EPS) | 64.30 |
| Gross Margin | 51.70% |
| Net Profit Margin | 11.49% |
| Debt/Equity Ratio | 37.5% |
How did 502355 perform over the long term?
See historical performance and comparisonDividends
0.7%
Current Dividend Yield25%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/06/17 05:01 |
| End of Day Share Price | 2026/06/17 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2026/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Balkrishna Industries Limited is covered by 42 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Annamalai Jayaraj | 360 ONE Capital Market Private Limited |
| Mumuksh Mandlesha | Anand Rathi Shares and Stock Brokers Limited |
| null null | Anand Rathi Shares and Stock Brokers Limited |