Balkrishna Industries Ltd.
NSE: BALKRISIND · Tyres & Rubber Products
Snapshot
Unlock Balkrishna Industries Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Balkrishna Industries Limited is a global manufacturer specialising in off-highway tyres for agricultural, industrial, construction, and mining applications. The company also produces rubber tubes and carbon black products, distributing its portfolio through an extensive international network.
Business Model
The company generates revenue primarily through the manufacturing and sale of specialised off-highway tyres and related rubber products. It operates a global distribution model, supplying equipment manufacturers and aftermarket segments across diverse sectors.
- Incorporation Year:1961
Growth Outlook
Growth is driven by sustained demand in the global agricultural and industrial sectors, alongside the expansion of its specialised tyre product range. The company continues to leverage its manufacturing capabilities to maintain its competitive position in the off-highway vehicle market.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of natural rubber and crude oil derivatives significantly impact production costs and profit margins.
- Geopolitical and Trade Risks. As a global exporter, the company is susceptible to changes in international trade policies, tariffs, and geopolitical instability in key markets.
- Currency Exchange Risk. Significant exposure to foreign currency fluctuations can affect the company's financial performance due to its heavy reliance on export revenues.
- Cyclical Demand. Demand for off-highway tyres is closely linked to the cyclical nature of the global agriculture, mining, and construction industries.
Start your research today
Unlock AI insights, financials, peers and live data on Balkrishna Industries Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹11,518 Cr
TTM · consolidated
NET PROFIT
₹1,406 Cr
TTM · consolidated
EPS
₹72.71
TTM · consolidated
RETURN ON EQUITY
13.2%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
16.5%
TTM · consolidated
P/E
31.4x
Q1 FY27 · consolidated
EV/EBITDA
17.3x
Q1 FY27 · consolidated
EBITDA MARGIN
24.2%
TTM · consolidated
NET PROFIT MARGIN
13.0%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.4%
Q1 FY27 · consolidated
Peers · Tyres & Rubber Products
| Company | Mkt Cap | P/E | EV/EBITDA | Rev Gr YoY | EBITDA Mgn | ROE | ROCE | 1Y Return |
|---|---|---|---|---|---|---|---|---|
Balkrishna Industries Ltd.BALKRISIND | ₹44,165 Cr | 31.42 | 17.32 | 9.8% | 24.2% | 13.2% | 16.5% | -2.3% |
MRF Ltd.MRF | ₹55,112 Cr | 22.82 | 10.61 | 11.4% | 16.9% | 12.2% | 16.3% | -13.2% |
Apollo Tyres Ltd.APOLLOTYRE | ₹27,281 Cr | 15.92 | 6.69 | 11.2% | 14.7% | 10.9% | 10.3% | -11.5% |
Ceat Ltd.CEATLTD | ₹13,483 Cr | 22.82 | 7.96 | 21.5% | 12.5% | 12.5% | 18.6% | -0.3% |
JK Tyre & Industries Ltd.JKTYRE | ₹10,590 Cr | 15.85 | 7.81 | 9.9% | 11.8% | 12.0% | 13.5% | +6.6% |
TVS Srichakra LimitedTVSSRICHAK | ₹4,010 Cr | 43.41 | 14.04 | 18.6% | 8.7% | 7.8% | 10.7% | +80.6% |
As of Q1 FY27
Financials
Balkrishna Industries Ltd.
NSE: BALKRISIND · Tyres & Rubber Products
Snapshot
Unlock Balkrishna Industries Ltd.'s vital signs
Growth · Profitability · Valuation · Strength · Conviction
Company Overview
Business
Balkrishna Industries Limited is a global manufacturer specialising in off-highway tyres for agricultural, industrial, construction, and mining applications. The company also produces rubber tubes and carbon black products, distributing its portfolio through an extensive international network.
Business Model
The company generates revenue primarily through the manufacturing and sale of specialised off-highway tyres and related rubber products. It operates a global distribution model, supplying equipment manufacturers and aftermarket segments across diverse sectors.
- Incorporation Year:1961
Growth Outlook
Growth is driven by sustained demand in the global agricultural and industrial sectors, alongside the expansion of its specialised tyre product range. The company continues to leverage its manufacturing capabilities to maintain its competitive position in the off-highway vehicle market.
Key Risks
- Raw Material Price Volatility. Fluctuations in the prices of natural rubber and crude oil derivatives significantly impact production costs and profit margins.
- Geopolitical and Trade Risks. As a global exporter, the company is susceptible to changes in international trade policies, tariffs, and geopolitical instability in key markets.
- Currency Exchange Risk. Significant exposure to foreign currency fluctuations can affect the company's financial performance due to its heavy reliance on export revenues.
- Cyclical Demand. Demand for off-highway tyres is closely linked to the cyclical nature of the global agriculture, mining, and construction industries.
Start your research today
Unlock AI insights, financials, peers and live data on Balkrishna Industries Ltd. and 5,000+ companies — free.
Key Metrics
REVENUE
₹11,518 Cr
TTM · consolidated
NET PROFIT
₹1,406 Cr
TTM · consolidated
EPS
₹72.71
TTM · consolidated
RETURN ON EQUITY
13.2%
TTM · consolidated
RETURN ON CAPITAL EMPLOYED
16.5%
TTM · consolidated
P/E
31.4x
Q1 FY27 · consolidated
EV/EBITDA
17.3x
Q1 FY27 · consolidated
EBITDA MARGIN
24.2%
TTM · consolidated
NET PROFIT MARGIN
13.0%
Q1 FY27 · consolidated
DEBT TO EQUITY
0.4%
Q1 FY27 · consolidated
Peers · Tyres & Rubber Products
As of Q1 FY27