# Balkrishna Industries (BALKRISIND) — Stock analysis

> Faxioms all-in-one stock review. Canonical page: https://faxioms.com/stocks/balkrisind

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹2,410
- Change: +0.34%
- As of: 2026-11-06
- 1D return: +0.34%
- 5D return: +16.28%
- 1M return: +20.69%
- Latest complete quarter: fy27_q2

## Faxioms Analysis

_As of 2026-11-06_

### Technical Outlook

BALKRISIND (₹2,401.90) shows a strong daily technical setup as of 5 November 2026, characterized by an extreme upward volume-price anomaly (+7.1% return, 4.75x volume ratio). The stock is positioned near the upper end of its 20-day and 50-day ranges (+95.2%), trading above all major moving averages and the Supertrend indicator on the daily chart. Trend strength is developing (ADX 23.32), with bullish directional indicators (Plus DI 41.14 vs Minus DI 9.76). However, this short-term momentum contrasts with weaker monthly and weekly structures; the monthly ADX is very low (6.3), and both monthly and weekly Supertrends remain bearish. A 'Morning Star' pattern has formed on the monthly timeframe, suggesting potential longer-term reversal, but conviction remains limited by weak trend strength across higher timeframes. Risk is elevated, with annualized volatility at +31.9% and a current drawdown of -16.9%. Immediate support lies at ₹2,386.05 (-0.66%) and resistance at ₹2,756.00 (+14.74%).

- Daily Momentum: Extreme upward move on 5 Nov 2026 (+7.1%, 4.75x volume); price above all daily MAs and Supertrend.
- Trend Divergence: Daily trend is developing (ADX 23.32), while monthly/weekly trends are weak/bearish (Monthly ADX 6.3; Weekly/Monthly Supertrend bearish).
- Key Levels: Support at ₹2,386.05 (-0.66%) and ₹2,340.00 (-2.58%); Resistance at ₹2,756.00 (+14.74%) and ₹2,794.01 (+16.32%).
- Risk Profile: High volatility (+31.9% annualized); current drawdown -16.9%; range position near 20-day high (+95.2%).

- Morning Star
- Inside Bar
- Bullish Engulfing Reversal
- Outside Bar

### What Changed

Balkrishna Industries (NSE: BALKRISIND) has experienced a notable price appreciation as of the latest observation on 5 November 2026. The stock closed at ₹2,401.90, marking an increase from the previous recorded level of ₹2,243.70. This movement represents a significant shift in the equity's valuation over the short term, reflecting current market sentiment or trading activity specific to this period. No new corporate filings or news developments have been reported alongside this price movement. The company’s listing status remains unchanged on the National Stock Exchange.

- Price Update: As of 5 November 2026, BALKRISIND traded at ₹2,401.90, up from ₹2,243.70.
- Market Context: The stock is listed and actively traded on the NSE.
- Corporate Activity: No new material filings or news announcements were reported for this period.

### Official Filings

Balkrishna Industries Limited’s Board approved unaudited financial results for the half-year ended September 30, 2026, and declared a second interim dividend of ₹4 per equity share. This represents a 200% payout on the ₹2 face value, with a record date set for November 11, 2026, and payment expected by December 3, 2026. The company estimates the total cash outflow for this dividend at ₹77.32 crore. Additionally, the Board noted the issuance of ₹550 crore in unsecured non-convertible debentures (NCDs) via private placement on September 3, 2026, which were fully utilized for stated purposes. Auditors from Jayantilal Thakkar & Co. and Deloitte Haskins & Sells issued limited-review reports stating no material misstatements were identified. On November 5, 2026, the company disclosed an audio recording of a conference call regarding these Q2/H1 FY27 results and scheduled further investor meetings for November 17, 2026.

- Dividend Declaration: Board approved a second interim dividend of ₹4 per share (200% on ₹2 face value), with a record date of November 11, 2026, and estimated cash outflow of ₹77.32 crore.
- Debt Issuance: Company issued ₹550 crore in unsecured NCDs via private placement on September 3, 2026; proceeds are reported as fully utilized with no deviation from stated objects.
- Financial Review: Unaudited standalone and consolidated results for the quarter and half-year ended September 30, 2026, received limited-review reports from statutory auditors indicating no material discrepancies.
- Investor Engagement: Conference call audio for Q2/H1 FY27 results was filed on November 5, 2026, with follow-up investor meetings organized by CLSA scheduled for November 17, 2026.

- [Balkrishna Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/BALKRISIND_05112026115320_Letterwithnewspapersigned.pdf)
- [Balkrishna Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BALKRISIND_05112026121640_Investorgroupcallsigned.pdf)
- [Balkrishna Industries Limited has informed the Exchange about |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BALKRISIND_05112026142016_AudioRecordingsigned.pdf)
- [Balkrishna Industries Limited has informed the Exchange that Board of Directors at its meeting held on November 04, 2026, declared Interim Dividend of Rs. 4 per equity share. |SUBJECT: Dividend](https://nsearchives.nseindia.com/corporate/BALKRISIND_04112026185911_Outcome_uploaded_signed.pdf)
- [Balkrishna Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/BALKRISIND_04112026185711_Outcome_uploaded_signed.pdf)
- [BALKRISHNA INDUSTRIES LIMITED has informed the Exchange regarding Outcome of Board Meeting held on 04-Nov-2026 for Dividend |SUBJECT: Outcome of Board Meeting-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_434_WebXMLFile_20261104_190541445.xml)
- [BALKRISHNA INDUSTRIES LIMITED has informed the Exchange regarding Outcome of Board Meeting held on 04-Nov-2026 for Dividend |SUBJECT: Outcome of Board Meeting-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_434_WebXMLFile_20261104_191006732.xml)
- [Balkrishna Industries Limited has informed the Exchange regarding 'The Board has approved 2nd Interim Dividend for FY 2026-27'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/BALKRISIND_04112026190741_Outcome_uploaded_signed.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753185_04112026085030_WEB.xml)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753209_04112026090343_WEB.xml)

### Fundamentals

Balkrishna Industries is navigating a period of margin compression despite revenue growth. In Q2 FY2026-27, revenue rose sequentially to ₹3,472 crore from ₹3,455 crore in Q1, yet net profit fell sharply from ₹451 crore to ₹293 crore. This deterioration was driven by a rise in total expenses to ₹3,126 crore and a near-doubling of finance costs to ₹67.5 crore from ₹36.8 crore. The company’s balance sheet reflects an aggressive expansion phase: assets grew to ₹20,669 crore as of September 2026, supported by borrowings rising to ₹6,047 crore (₹4,431 crore current + ₹1,616 crore non-current). While operating cash flow conversion remains robust at 115% of operating profit for Mar 2026, the capital intensity has weighed on returns, with ROCE declining to 11% from 17% in Mar 2025. Institutional ownership shows DIIs increasing their stake to 25.45%, while FIIs reduced theirs to 9.06%.

- Q2 FY2026-27 Net Profit declined 35% sequentially to ₹293 crore despite stable revenue, signaling significant margin pressure.
- Finance costs nearly doubled to ₹67.5 crore in Q2, correlating with a rise in total borrowings to ₹6,047 crore.
- ROCE dropped to 11% in Mar 2026 from 17% in Mar 2025, reflecting the impact of higher capital expenditure on returns.
- Cash conversion quality remains strong at 115% of operating profit, providing liquidity to support ongoing investment.

### Bear Case

Balkrishna Industries faces notable near-term technical headwinds and volatility risks. While the daily trend is currently bullish with a close of ₹2,401.90 on 5 November 2026, the weekly and monthly trends remain bearish, indicating broader medium-term weakness. The stock has experienced a maximum drawdown of -31.7% and is currently in a -16.9% drawdown from its peak. Volatility remains elevated at an annualized rate of +31.9%, suggesting significant price fluctuation risk for investors. Although short-term returns are positive (+7.1% over one day, +16.2% over one month), the long-term performance since the start of the tracking period is negative (-16.4%), and the one-year return is modest at +1.6%. Resistance levels are identified at ₹2,756.00 (14.74% above) and ₹2,794.01 (16.32% above), while immediate support lies near ₹2,386.05. A monitoring condition exists if the price fails to hold above key support levels amidst this high volatility.

- Medium-term trends are bearish: Weekly and monthly super-trends indicate downward pressure despite a daily bullish signal as of 5 November 2026.
- Significant drawdowns persist: The stock is down -16.9% from its recent high, with a historical maximum drawdown of -31.7%.
- High volatility environment: Annualized volatility stands at +31.9%, reflecting substantial price instability and downside deviation of +17.8%.
- Mixed time-horizon returns: While short-term momentum is positive (+16.2% over 1 month), long-term performance since the start of the period is negative (-16.4%).
- Key resistance and support levels: Immediate support is observed at ₹2,386.05, with major resistance zones at ₹2,756.00 and ₹2,794.01.

- [Trump’s pain makes D-Street bulls gain! IndiGo, Asian Paints, other crude-sensitive stocks rally up to 8% as oil drops below $95](https://economictimes.indiatimes.com/markets/stocks/news/trumps-pain-makes-d-street-bulls-gain-indigo-asian-paints-other-crude-sensitive-stocks-rally-up-to-8-as-oil-drops-below-95/articleshow/135561511.cms)
- [Balkrishna Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/BALKRISIND_05112026115320_Letterwithnewspapersigned.pdf)
- [Balkrishna Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BALKRISIND_05112026121640_Investorgroupcallsigned.pdf)
- [Balkrishna Industries Limited has informed the Exchange about |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BALKRISIND_05112026142016_AudioRecordingsigned.pdf)
- [Balkrishna Industries Limited has informed the Exchange that Board of Directors at its meeting held on November 04, 2026, declared Interim Dividend of Rs. 4 per equity share. |SUBJECT: Dividend](https://nsearchives.nseindia.com/corporate/BALKRISIND_04112026185911_Outcome_uploaded_signed.pdf)
- [Balkrishna Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/BALKRISIND_04112026185711_Outcome_uploaded_signed.pdf)
- [BALKRISHNA INDUSTRIES LIMITED has informed the Exchange regarding Outcome of Board Meeting held on 04-Nov-2026 for Dividend |SUBJECT: Outcome of Board Meeting-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_434_WebXMLFile_20261104_190541445.xml)
- [BALKRISHNA INDUSTRIES LIMITED has informed the Exchange regarding Outcome of Board Meeting held on 04-Nov-2026 for Dividend |SUBJECT: Outcome of Board Meeting-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_434_WebXMLFile_20261104_191006732.xml)
- [Balkrishna Industries Limited has informed the Exchange regarding 'The Board has approved 2nd Interim Dividend for FY 2026-27'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/BALKRISIND_04112026190741_Outcome_uploaded_signed.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753185_04112026085030_WEB.xml)

### FAQs

**What financial results and dividend did Balkrishna Industries declare for the period ending September 30, 2026?**

On November 4, 2026, the Board approved Unaudited Financial Results for the quarter and half-year ended September 30, 2026. The Board declared an interim dividend of Rs. 4 per equity share (200% on the Rs. 2 face value), payable to shareholders with a record date of November 11, 2026.

**How has the stock price performed recently, and what are the key technical levels to monitor?**

As of November 5, 2026, the stock closed at ₹2,401.90, up +7.1% in one day and +16.2% over the past month. Daily trends show a bullish Supertrend with support near ₹2,386 and resistance at ₹2,756. However, monthly and weekly trends remain bearish, and the stock is currently in a -16.9% drawdown from its peak.

**Did the company raise any capital or hold investor meetings around this time?**

Yes. On September 3, 2026, the company issued Rs. 550 Crores in unsecured non-convertible debentures via private placement. Additionally, on November 5, 2026, it disclosed audio from a conference call regarding Q2/H1 FY27 results and scheduled further investor meetings with CLSA in Mumbai on November 17, 2026.

- [Trump’s pain makes D-Street bulls gain! IndiGo, Asian Paints, other crude-sensitive stocks rally up to 8% as oil drops below $95](https://economictimes.indiatimes.com/markets/stocks/news/trumps-pain-makes-d-street-bulls-gain-indigo-asian-paints-other-crude-sensitive-stocks-rally-up-to-8-as-oil-drops-below-95/articleshow/135561511.cms)
- [Balkrishna Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication](https://nsearchives.nseindia.com/corporate/BALKRISIND_05112026115320_Letterwithnewspapersigned.pdf)
- [Balkrishna Industries Limited has informed the Exchange about Schedule of meet |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BALKRISIND_05112026121640_Investorgroupcallsigned.pdf)
- [Balkrishna Industries Limited has informed the Exchange about |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates](https://nsearchives.nseindia.com/corporate/BALKRISIND_05112026142016_AudioRecordingsigned.pdf)
- [Balkrishna Industries Limited has informed the Exchange that Board of Directors at its meeting held on November 04, 2026, declared Interim Dividend of Rs. 4 per equity share. |SUBJECT: Dividend](https://nsearchives.nseindia.com/corporate/BALKRISIND_04112026185911_Outcome_uploaded_signed.pdf)
- [Balkrishna Industries Limited has submitted to the Exchange, the financial results for the period ended September 30, 2026. |SUBJECT: Outcome of Board Meeting](https://nsearchives.nseindia.com/corporate/BALKRISIND_04112026185711_Outcome_uploaded_signed.pdf)
- [BALKRISHNA INDUSTRIES LIMITED has informed the Exchange regarding Outcome of Board Meeting held on 04-Nov-2026 for Dividend |SUBJECT: Outcome of Board Meeting-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_434_WebXMLFile_20261104_190541445.xml)
- [BALKRISHNA INDUSTRIES LIMITED has informed the Exchange regarding Outcome of Board Meeting held on 04-Nov-2026 for Dividend |SUBJECT: Outcome of Board Meeting-XBRL](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_434_WebXMLFile_20261104_191006732.xml)
- [Balkrishna Industries Limited has informed the Exchange regarding 'The Board has approved 2nd Interim Dividend for FY 2026-27'. |SUBJECT: Updates](https://nsearchives.nseindia.com/corporate/BALKRISIND_04112026190741_Outcome_uploaded_signed.pdf)
- [Integrated Filing- Financials|Original|](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753185_04112026085030_WEB.xml)
## Technical analytics

- As of: 2026-11-06
- Daily trend: Weak Uptrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹2,364.1
- Risk regime: Price Risk Requires Attention

### Support levels
- 2386.0480102539063
- 2340
- 2297.6499999999996

### Resistance levels
- 2756
- 2794.009375
- 2461.7999999999997

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +0.34% |
| return_10 | +14.23% |
| return_1m | +15.72% |
| return_1y | +2.96% |
| return_20 | +20.69% |
| return_3m | -2.26% |
| return_5 | +16.28% |
| return_6m | +8.06% |
| return_since_start | -16.13% |
| return_ytd | +4.05% |

### Risk and volatility metrics

| Metric | Value |
| --- | --- |
| state | elevated_risk |
| label | Price risk requires attention |
| summary | Recent drawdown or price variability is high enough to warrant closer monitoring. |
| maximum_drawdown | -31.74% |
| annualized_volatility | +31.87% |

## Quarterly financials

- Latest complete quarter: fy27_q2

# Balkrishna Industries Limited Q2 FY2026-27: Revenue flat, profit down 35% QoQ

Revenue from operations was ₹3,472 crore in Q2 FY2026-27, up 0.5% from the June quarter and 45% year on year. Profit for the period fell 35% QoQ to ₹293 crore as expenses increased and finance costs rose; the quarter also saw large investing cash outflows and higher borrowings.

## Revenue held steady as expenses rose

Revenue from operations increased to ₹3,471.74 crore from ₹3,455.27 crore in Q1 FY2026-27. It was up from ₹2,393.45 crore in Q2 FY2025-26. Revenue had risen from ₹2,736.79 crore in Q3 FY2025-26 to ₹2,932.82 crore in Q4 and ₹3,455.27 crore in Q1.

Total expenses rose 5.8% QoQ to ₹3,125.90 crore, faster than revenue. Material consumed was ₹1,968.45 crore, employee benefit expense ₹176.06 crore and depreciation ₹220.20 crore. Other expenses declined to ₹704.89 crore from ₹811.38 crore in Q1, partly offsetting the increase in total expenses.

## Finance costs rose as profit declined

Profit before tax fell 35.2% QoQ to ₹389.36 crore from ₹601.05 crore in Q1. Finance costs increased 83.5% to ₹67.48 crore from ₹36.77 crore. At 30 September 2026, non-current borrowings were ₹1,615.78 crore and current borrowings ₹4,430.82 crore, compared with ₹888 crore and ₹3,217.56 crore, respectively, at 31 March 2026.

Tax expense declined to ₹96.74 crore from ₹150.28 crore in Q1. Profit for the period was ₹292.62 crore, down from ₹450.77 crore in Q1 but 7.1% above the ₹273.19 crore reported in Q2 FY2025-26. Basic earnings per share was ₹15.13, compared with ₹23.32 in Q1 and ₹14.13 a year earlier.

## Investment outflows and cash generation

Operating cash flow was ₹26.82 crore in Q2, while investing activities used ₹1,818.80 crore. Free cash flow was negative ₹1,791.98 crore, and financing activities provided ₹1,834.14 crore. Capital work in progress increased to ₹3,740.51 crore at 30 September 2026 from ₹2,472.46 crore at 31 March; property, plant and equipment stood at ₹7,728.88 crore.

Cash and cash equivalents were ₹102.96 crore at quarter-end, compared with ₹60.92 crore at 31 March. Current investments were ₹1,291.72 crore, versus ₹1,346.14 crore at the previous financial year-end.

## Balance sheet and working capital

Total assets increased to ₹20,668.96 crore at 30 September 2026 from ₹17,766.34 crore at 31 March. Equity attributable to owners rose to ₹11,664.17 crore from ₹10,955.29 crore, while total liabilities increased to ₹9,004.79 crore from ₹6,811.05 crore. Borrowings increased over the same period.

Inventories rose to ₹2,563.05 crore from ₹1,808.47 crore, and trade receivables to ₹1,897.95 crore from ₹1,446.57 crore. Trade payables also increased, to ₹1,026.97 crore from ₹912.26 crore.

## Other comprehensive income

Other comprehensive income was a loss of ₹57.65 crore in Q2, compared with a gain of ₹177.78 crore in Q1. Total comprehensive income was ₹234.97 crore, down from ₹628.55 crore in Q1.

## Key Takeaway

Revenue was broadly stable QoQ, but expenses rose faster and finance costs increased sharply as profit fell 35%. Low operating cash generation alongside large investing outflows, higher capital work in progress and increased borrowings mark a significant change in the company’s cash and balance-sheet position this quarter.

### Ratios

## Shareholding pattern

- Quarter: FY2027-Q2
- As of: 2026-09-30
- Promoter holding: +58.29%
- FII holding: +9.06%
- DII holding: +25.45%
- Mutual fund holding: +20.52%
- Retail holding: +4.43%
- Promoter pledged: +0.00%

### Major reported shareholders

- RAJIV  PODDAR — +27.71%
- VKP ENTERPRISES LLP — +24.95% (Other)
- HDFC MUTUAL FUND-HDFC RETIREMENT FUND - HYBRID-DEB — +9.58%
- LIFE INSURANCE CORPORATION OF INDIA - ULIF00420091 — +4.17%
- KHUSHBOO RAJIV PODDAR — +3.93%
- SBI LARGE & MIDCAP FUND — +3.45%
- NIPPON LIFE INDIA TRUSTEE LTD- A/C NIPPON INDIA GR — +3.27%
- GOVERNMENT PENSION FUND GLOBAL — +1.51%
- RISHABH SURESHKUMAR PODDAR — +1.44%
- ICICI PRUDENTIAL LARGE & MID CAP FUND — +1.04%

## Official filings

- 2026-11-06 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_06112026154243_Lettertostockexchangenewspaperresultssigned.pdf)
- 2026-11-05 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_05112026115320_Letterwithnewspapersigned.pdf)
- 2026-11-05 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_05112026121640_Investorgroupcallsigned.pdf)
- 2026-11-05 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_05112026142016_AudioRecordingsigned.pdf)
- 2026-11-04 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_04112026185911_Outcome_uploaded_signed.pdf)
- 2026-11-04 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_04112026185711_Outcome_uploaded_signed.pdf)
- 2026-11-04 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_434_WebXMLFile_20261104_190541445.xml)
- 2026-11-04 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/OUTCOME_434_WebXMLFile_20261104_191006732.xml)
- 2026-11-04 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_04112026190741_Outcome_uploaded_signed.pdf)
- 2026-11-04 — Financial Results Filing: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753185_04112026085030_WEB.xml)
- 2026-11-04 — Financial Results Filing: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/INTEGRATED_FILING_INDAS_1753209_04112026090343_WEB.xml)
- 2026-11-04 — Earnings Presentation: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_04112026210438_BKT_Investor_Presentation_November_2026_V1.pdf)
- 2026-11-03 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_03112026111559_Board_Meeting_Intimation_signed_and_record_date.pdf)
- 2026-10-31 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_31102026161412_Lettertostockexchangeconcall.pdf)
- 2026-10-30 — Board Meeting Notice: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_434_WebXMLFile_20261030_181413509.xml)
- 2026-10-30 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_434_WebXMLFile_20261030_181413509.xml)
- 2026-10-30 — Board Meeting Notice: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_30102026181921_Board_Meeting_Intimation_signed.pdf)
- 2026-10-27 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_27102026181136_Transcriptsigned.pdf)
- 2026-10-22 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_22102026104907_Outcomepdfsigned.pdf)
- 2026-10-22 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_22102026113123_ConferenceCallInvite22102026signed.pdf)
- 2026-10-22 — Press Release: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_22102026114024_Press_Release_Letter_signed.pdf)
- 2026-10-22 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_22102026163611_LetterunderCertificateofREG74530092026Signed.pdf)
- 2026-10-22 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_22102026173834_Audio_Recording_22102026_signed.pdf)
- 2026-10-16 — Shareholding Disclosure: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/SHP_1740308_16102026062546_WEB.xml)
- 2026-10-14 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_14102026174039_Letter_to_Stock_Exchange_Signed_1.pdf)

## News and market events

- 2026-11-07 — Mint: **Diwali Muhurat trading stocks+ dividend: Expert picks 2 stocks for Samvat 2083 with record dates next week - Do you own?** — Ahead of the Diwali Muhurat trading session on November 8, 2026, Ravi Singh of Master Capital Services Ltd. recommends Aurobindo Pharma, Balkrishna Industries, and Mahindra & Mahindra for long-term investment based on their fundamental strength and potential upside over the next 12 months. The article highlights that Aurobindo Pharma and Balkrishna Industries have set November 11 as the record date for their respective equity dividends, adding a payout opportunity to the stock picks. — [Source](https://www.livemint.com/market/stock-market-news/diwali-muhurat-trading-stocks-dividend-expert-picks-2-stocks-for-samvat-2083-with-record-dates-next-week-do-you-own-11794039951310.html)
- 2026-11-06 — Economic Times: **MSCI rebalancing on Monday: Adani Energy, Groww set for big inflows; RIL, Jio Financial may face outflows** — MSCI's latest rebalancing, with revised weights effective September 1, is expected to drive significant trading activity in Indian stocks, particularly during the final 30 minutes of Monday's session. Adani Energy Solutions and Groww are among the additions set to receive substantial inflows, while Reliance Industries and Jio Financial Services face potential outflows due to weight reductions. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/msci-rebalancing-on-monday-adani-energy-groww-set-for-big-inflows-ril-jio-financial-may-face-outflows/articleshow/133626232.cms)
- 2026-11-05 — Economic Times: **Trump’s pain makes D-Street bulls gain! IndiGo, Asian Paints, other crude-sensitive stocks rally up to 8% as oil drops below $95** — Indian equity markets rallied as crude oil prices plunged below $95 per barrel, driven by hopes that US midterm election results will lead to an end of the Middle East conflict and ease supply constraints. This decline in oil costs boosted sentiment for crude-sensitive sectors, with shares of airlines like IndiGo, paint makers such as Asian Paints, tyre manufacturers, and oil marketing companies rising significantly. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/trumps-pain-makes-d-street-bulls-gain-indigo-asian-paints-other-crude-sensitive-stocks-rally-up-to-8-as-oil-drops-below-95/articleshow/135561511.cms)
- 2026-10-30 — Economic Times: **Stock Radar: Balkrishna Industries stock breaks out from falling parallel channel; time to buy the stock which is in bear grip?** — Analysts have recommended buying Balkrishna Industries Ltd stock following its breakout from a falling parallel channel on daily charts, citing a potential price target above Rs 2,400 over the next three to four months. The recommendation is based on technical indicators showing the stock finding support in the Rs 1,900 to Rs 2,000 range multiple times since June. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/stock-radar-balkrishna-industries-stock-breaks-out-from-falling-parallel-channel-time-to-buy-the-stock-which-is-in-bear-grip/articleshow/135300907.cms)
- 2026-10-23 — MONEYCONTROL: **Buy Balkrishna Industries; target of Rs 2675: ICICI Securities** — Buy Balkrishna Industries; target of Rs 2675: ICICI Securities Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio IPO Tonbo Imaging share price UP Elections iPhone Duo Elon Musk Annamalai Piyush Goyal Donald Trump Sonam Wangchuk News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance more Home Loans up to 50 Lakhs Credit Cards Lifetime Fre — [Source](https://www.moneycontrol.com/news/business/buy-balkrishna-industries-target-of-rs-2675-icici-securities-14058579.html)
- 2026-10-23 — MONEYCONTROL: **Balkrishna Industries: Nomura retains 'Neutral', target price at Rs 2,410 after Pirelli tie-up** — Balkrishna Industries: Nomura retains 'Neutral', target price at Rs 2,410 after Pirelli tie-up Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio IPO Tonbo Imaging share price UP Elections iPhone Duo Elon Musk Annamalai Piyush Goyal Donald Trump Sonam Wangchuk News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance more Home Loans up to 50 — [Source](https://www.moneycontrol.com/news/business/stocks/balkrishna-industries-nomura-retains-neutral-target-price-at-rs-2-410-after-pirelli-tie-up-14058321.html)
- 2026-10-22 — Economic Times: **Italy's Pirelli and India's Balkrishna Industries float JV to make tyres** — Pirelli has partnered with Balkrishna Industries to manufacture up to 8 lakh tyres annually in Gujarat. This production is expected to commence in the next financial year, according to the company's joint managing director. Initially, Balkrishna Industries will produce tyres under an off-take arrangement for Pirelli at the new facility. There are plans for a 50:50 joint venture to produce passenger car tyres under both brands. — [Source](https://economictimes.indiatimes.com/industry/auto/tyres/italys-pirelli-and-indias-balkrishna-industries-float-jv-to-make-tyres/articleshow/135126113.cms)
- 2026-10-22 — BUSINESSTODAY: **This company is partnering with Italy’s Pirelli to make car tyres in India** — Homegrown tyre maker Balkrishna Industries Ltd (BKT) has signed a strategic agreement with Italian tyre giant Pirelli to manufacture up to 800,000 Pirelli-branded premium car tyres by 2030.The agreement also lays the groundwork for a second phase that envisages the establishment of a 50:50 joint venture to build a dedicated manufacturing plant for high-value car tyres.Pirelli, a leader in high-performance tyres, also supplies tyres for Formula 1 (F1) cars.The proposed facility would produce tyres under both the Pirelli and BKT brands for the Indian market and other international markets.The pa — [Source](https://www.businesstoday.in/auto/story/this-company-is-partnering-with-italys-pirelli-to-make-car-tyres-in-india-563135-2026-10-22)
- 2026-10-22 — MONEYCONTROL: **Balkrishna Industries shares rise 3% as company strikes tyre production deal with Pirelli** — Balkrishna Industries shares rise 3% as company strikes tyre production deal with Pirelli Follow Us On: Stocks: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z Others Trending Topics more Sensex Today Jio IPO Annamalai DeepSeek Indian Rupee Priyanka Gandhi Marco Rubio Abhijeet Dipke 8th CPC Fitment Factor Kiren Rijiju News more Business Markets Stocks India News City News Economy Mutual Funds Personal Finance IPO News Startups Markets more Home Currencies Commodities Pre-Market IPO Global Market US Markets Bonds Silver MCX Price Gold MCX Price Personal Finance more Home Loans up to 50 Lakh — [Source](https://www.moneycontrol.com/news/business/markets/balkrishna-industries-shares-rise-3-as-company-strikes-tyre-production-deal-with-pirelli-14057591.html)
- 2026-10-22 — The Hindu: **Pirelli, Balkrishna strike tyre production deal** — A ‌second phase of the agreement also involves ‌the creation of a ‌50-50 ⁠joint venture for ⁠a production plant in the country dedicated to "high value" car ​tyres — [Source](https://www.thehindubusinessline.com/companies/pirelli-balkrishna-strike-tyre-production-deal/article71610485.ece)
- 2026-09-11 — Mint: **Ceat bets on dual-brand strategy after acquiring Camso | Company Business News** — Ceat aims to target customers who purchase tyres across categories and cross-sell its and Camso's products, enabling the brands to generate more revenue from the same customer. — [Source](https://www.livemint.com/companies/news/ceat-tyres-dual-brand-strategy-camso-acquisition-arnab-banerjee-11789036742497.html)
- 2026-09-01 — FREEPRESSJOURNAL.IN: **Mumbai Crime: EOW Arrests 45-Year-Old Vadodara Man In ₹16 Crore Share Fraud, Allegedly Helped Woman Impersonate Shareholder** — The Mumbai EOW has arrested 45-year-old Sarfaraz Shah from Vadodara in an alleged Rs 16 crore share fraud involving 54,000 bonus shares. Police allege he helped a woman impersonate a shareholder and arrange forged documents used to create fraudulent bank and demat accounts. The EOW is tracing the money trail and other alleged accomplices. — [Source](https://www.freepressjournal.in/mumbai/mumbai-crime-eow-arrests-45-year-old-vadodara-man-in-16-crore-share-fraud-allegedly-helped-woman-impersonate-shareholder)
- 2026-08-31 — CNBC-TV18: **Eternal shares decline ahead of MSCI rebalancing, inflows worth nearly $700 million expected** — As per Nuvama Alternative and Quantitative Research, as a result of Eternal's weightage being increased in the MSCI Standard Index, it could result in potential inflows of $674 million for 205 million shares. — [Source](https://www.cnbctv18.com/market/eternal-share-price-msci-rebalancing-today-weightage-increase-inflows-impact-2026-returns-19980121.htm)
- 2026-08-19 — Mint: **Stocks to watch: BPCL, RailTel, ONGC among shares in focus today; check list here** — Stock market today: The market is likely to remain under pressure as the Gift Nifty index signalled a negative opening. Gift Nifty was trading near the 24,187.50 mark, down over 42.60 points from the previous close of Nifty futures. — [Source](https://www.livemint.com/market/stock-market-news/stocks-to-watch-bpcl-railtel-ongc-among-shares-in-focus-today-check-list-here-11787105168182.html)
- 2026-08-18 — CNBC-TV18: **Stocks to Watch for August 19: ONGC, BPCL, Exide Industries, Hindustan Zinc and more** — From Exide Industries investing ₹200 crore in its wholly owned subsidiary to BPCL's plan to raise up to ₹5,000 crore through Non-Convertible Debentures; these are stocks to track ahead of Wednesday's trading session. — [Source](https://www.cnbctv18.com/photos/market/stocks-to-watch-for-august-19-ongc-bpcl-exide-industries-balkrishna-industries-and-more-19971980.htm)
- 2026-08-13 — Mint: **Top Gainers & Losers on 13 August: Apar Industries, Hindalco, Ather Energy, Force Motors, CUB among top losers** — Indian stocks slid further, driven down by weak financial participation and high crude oil prices. The Nifty decreased by 0.34% and Sensex by 0.13%, with key sectors like metals and cement seeing significant losses amid ongoing geopolitical tensions. — [Source](https://www.livemint.com/market/stock-market-news/top-gainers-losers-on-13-august-apar-industries-hindalco-ather-energy-force-motors-cub-among-top-losers-11786615201243.html)
- 2026-07-31 — MONEYCONTROL: **Neutral Balkrishna Industries; target of Rs 2259: Motilal Oswal** — Balkrishna Industries, Motilal Oswal, Recommendations, Neutral — [Source](https://www.moneycontrol.com/news/business/neutral-balkrishna-industries-target-of-rs-2259-motilal-oswal-13990531.html)
- 2026-07-31 — Mint: **Top Gainers & Losers on 31 July: Bajaj Finance, Hyundai Motor, GAIL, Tata Motors, Redington among top gainers today** — Indian equities closed the last trading day of July with modest gains, driven by financial and auto stocks. The Nifty 50 rose 0.20% to 24,336, while Sensex advanced 0.21% to 78,091, reflecting positive market trends despite concerns over crude oil prices. — [Source](https://www.livemint.com/market/stock-market-news/top-gainers-losers-on-31-july-bajaj-finance-hyundai-motor-gail-tata-motors-redington-among-top-gainers-today-11785490241096.html)
- 2026-07-30 — Economic Times: **BalkrishnaIndustriessharesjump8% afterQ1netprofitrises50% YoYtoRs432crore** — Shares of Balkrishna Industries jumped 8% after the tyre maker reported a 50% year-on-year rise in June-quarter net profit, driven by strong volume growth. The company also outlined ambitious 2030 growth targets backed by a Rs 6,800 crore capex plan. — [Source](https://economictimes.indiatimes.com/markets/stocks/news/balkrishnaindustriessharesjump8-afterq1netprofitrises50-yoytors432crore/articleshow/132734741.cms)
- 2026-07-30 — CNBC-TV18: **Sensex Today | Stock Market LIVE Updates: Nifty back above 24,250; KPIT Tech shares decline over 7%** — Sensex Today | Stock Market LIVE Updates: Today is the monthly expiry of the Sensex contracts. 24,000 on the downside will be key for the Nifty, while the July 17 high of 24,367 will be the first hurdle to cross on the upside. The Nifty Bank has taken a backseat after the IT outperformance, but it remains to be seen whether IT could hold fort for another day today. — [Source](https://www.cnbctv18.com/market/stock-market-live-updates-sensex-nifty-50-today-expiry-infosys-it-eicher-dabur-vedanta-irfc-asian-paints-share-price-liveblog-19957305.htm)
- 2026-07-30 — CNBC-TV18: **The biggest movers on the Nifty 500 index today** — From strong Q1 earnings beats to margin pressures, here's a complete look at what drove today's biggest Nifty 500 movers and how each stock stacks up against its 52-week levels. Check out which stocks were moving the Nifty 500 at market open today. — [Source](https://www.cnbctv18.com/photos/market/nifty-500-top-gainers-losers-redington-balkrishna-syrma-gallant-wipro-hexaware-syngene-waaree-19957530.htm)
- 2026-07-30 — CNBC-TV18: **Q1 Results LIVE Updates: Balkrishna Industries surges 9% on strong volumes; Vedanta reports today** — Q1 Results LIVE Updates: Bajaj Finance, M&M and Tata Steel are the three Nifty results for the day, along with broader market names like Hyundai Motor, Vedanta, Vedanta Aluminium, Swiggy, Mazagon Dock, Torrent Pharma, Thermax and many others. Eicher Motors, Dabur, three Vedanta demerged units, Bajaj Housing, Hexaware and many more also react to numbers. Watch this space for all the LIVE Q1 results updates. — [Source](https://www.cnbctv18.com/market/q1-results-live-updates-today-bajaj-finance-mm-tata-steel-eicher-dabur-mazagon-dock-swiggy-syngene-irfc-vedanta-aluminium-mtar-hyundai-lic-liveblog-19957385.htm)

## Business profile

**Strategic vision:** Manufactures Off-Highway Tires for diverse global applications.

### Business segments
- **Off-Highway Tires (OHT):** Specializes in the production of Off-Highway Tires (OHT) for a diverse range of applications including agriculture, construction, earthmoving, port, mining, ATV, and turf care. Offers tires in both cross-ply and radial constructions.

### Competitive strengths
- Specialization in Off-Highway Tires for diverse applications.
- Global distribution network reaching multiple continents.
- Manufacturing facilities located across key regions in India.

## Related stocks

- [APL Apollo Tubes Limited (Metals)](https://faxioms.com/stocks/aplapollo) — -0.41%
- [Hindustan Copper Limited (Metals)](https://faxioms.com/stocks/hindcopper) — -0.67%
- [Jindal Stainless Limited (Metals)](https://faxioms.com/stocks/jsl) — +2.06%
- [Motherson Sumi Wiring India Limited (Metals)](https://faxioms.com/stocks/msumi) — -0.96%
- [National Aluminium Company Limited (Metals)](https://faxioms.com/stocks/nationalum) — -1.59%

## Freshness and sources

- Data as of: 2026-11-06
- Source: Faxioms public stock analysis API

Canonical: https://faxioms.com/stocks/balkrisind
Markdown representation: https://faxioms.com/stocks/balkrisind?render=md