# BALKRISIND (BALKRISIND) — Stock analysis

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

## Current market snapshot

- Exchange: NSE
- Country: India
- Price: ₹2,258.5
- Change: +4.04%
- As of: 2026-09-18
- 1D return: +4.35%
- 5D return: +3.30%
- 1M return: -4.74%
- Latest complete quarter: fy27_q1

## Faxioms Analysis

_As of 2026-09-18_

### Technical Outlook

As of September 18, 2026, BALKRISIND is trading at ₹2265.3, with a technical stance indicating a bearish trend across multiple timeframes. Daily and monthly timeframes show the price below key moving averages and the Supertrend indicator, suggesting downward pressure. The weekly timeframe also shows the price below the Supertrend, though it is above the 20-day Exponential Moving Average (EMA) and 20-day Simple Moving Average (SMA), indicating some short-term divergence. Recent market activity includes a high-severity downward gap on September 9, 2026, and extreme volume with a price move on September 4, 2026, highlighting periods of significant selling pressure. The stock is currently trading near its nearest support level of ₹2253.87, which is approximately 0.5% below the current price. Overhead resistance is noted at ₹2756.0, about 21.7% higher than the current price.

The stock exhibits a current drawdown of -22% and a maximum drawdown of -32%, with annualized volatility at 32%. This suggests a riskier profile given recent price action. The active weekly Harami pattern on September 18, 2026, warrants attention as it can signal potential trend reversals or continuations depending on subsequent price action. The confluence of bearish signals on daily and monthly charts, coupled with recent negative price events, points to a cautious technical outlook.

- The stock's current price is ₹2265.3 as of September 18, 2026.
- Daily and monthly timeframes indicate a bearish trend, with the price below the Supertrend and key moving averages.
- The nearest support level is ₹2253.87, approximately 0.5% below the current price.
- Overhead resistance is identified at ₹2756.0, about 21.7% above the current price.
- Watch for a break below the ₹2253.87 support level or a sustained move above the weekly Supertrend at ₹2488.18 for potential trend confirmation.

- Harami
- Morning Star
- Doji
- Outside Bar
- Hammer
- Evening Star

### News Context

Balkrishna Industries Limited (BALKRISIND) announced on August 25, 2026, that ICRA Limited assigned a credit rating of 'ICRA AA+ (Stable)' to the company's proposed Non-Convertible Debenture (NCD) program of ₹550 crores. This follows a Finance Committee meeting on August 18, 2026, where the company approved the issuance and allotment of these NCDs, totaling up to ₹550 crores, on a private placement basis. The issuance is within the company's existing borrowing limits.

Earlier in August, the company released its Q1 FY27 results on August 5, 2026. Key operational highlights included a 16% year-on-year growth in the Off-Highway Tire (OHT) segment volume to 93,770 metric tons and a 24% year-on-year increase in standalone revenue to ₹3,409 crores. The company also commissioned Phase II of its Carbon Black plant in Bhuj, increasing total capacity to 360,000 MTPA with an ₹800 crores capital outlay, and expanded its captive power capacity to 64 megawatts. As of June 30, 2026, net debt stood at approximately ₹1,725 crores. The Board recommended an interim dividend of ₹4 per equity share.

- On August 25, 2026, ICRA assigned an 'ICRA AA+ (Stable)' rating to Balkrishna Industries' proposed ₹550 crore Non-Convertible Debenture program.
- The company's Finance Committee approved the issuance of up to ₹550 crores in NCDs on August 18, 2026, via private placement.
- Balkrishna Industries reported Q1 FY27 standalone revenue of ₹3,409 crores, a 24% year-on-year increase, on August 5, 2026.
- The company commissioned Phase II of its Carbon Black plant, increasing capacity to 360,000 MTPA, and expanded captive power capacity to 64 megawatts.
- A first interim dividend of ₹4 per equity share was recommended by the Board.

- Balkrishna Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Balkrishna Industries Limited has informed the Exchange about Credit Rating- New |SUBJECT: Credit Rating- New
- Balkrishna Industries Limited has informed the Exchange regarding Outcome of Committee Meeting held on August 18, 2026. |SUBJECT: Committee Meeting Updates
- BALKRISHNA INDUSTRIES LIMITED has informed the Exchange about Board Meeting to be held on 18-Aug-2026 to consider Fund raising. |SUBJECT: Board Meeting Intimation
- Balkrishna Industries Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates

### What Changed

Balkrishna Industries Limited has made recent announcements regarding compliance and shareholder notifications. On September 18, 2026, the company informed the exchange about a newspaper publication detailing the transfer of shares to the Investor Education and Protection Fund (IEPF) Authority. A claim deadline for these shares has been set for December 18, 2026. This notice, published on September 14, 2026, also informed shareholders about unclaimed dividends and dormant accounts dating back to the financial year 2019-20. In terms of market activity, the stock closed at ₹2265.3 on September 18, 2026, an increase from its previous closing price of ₹2170.8.

- On September 18, 2026, Balkrishna Industries Limited announced a compliance notice regarding the transfer of shares to the IEPF Authority.
- Shareholders have until December 18, 2026, to claim transferred shares.
- A public notice was published on September 14, 2026, concerning unclaimed dividends and dormant accounts from FY 2019-20 onwards.
- The stock price on September 18, 2026, was ₹2265.3, up from ₹2170.8 previously.

- Balkrishna Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication

### Official Filings

Balkrishna Industries Limited (BALKRISIND) has recently focused on its capital structure and shareholder returns. The company approved the issuance of rated, listed, senior, unsecured, redeemable, non-convertible debentures aggregating up to ₹550 crores on a private placement basis. This move was supported by an 'ICRA AA+ (Stable)' credit rating assigned to the proposed debenture program. In parallel, the company announced an interim dividend of ₹4 per equity share, with a record date of August 4, 2026, and payment expected by August 27, 2026. Shareholders also approved a final dividend of ₹4.00 per equity share at the 64th Annual General Meeting held on July 29, 2026. Additionally, the company has taken steps to address unclaimed dividends and dormant accounts, with a claim deadline set for December 18, 2026, for shares transferred to the Investor Education and Protection Fund (IEPF) Authority.

- On August 18, 2026, the Finance Committee approved the issuance of non-convertible debentures up to ₹550 crores.
- ICRA assigned an 'ICRA AA+ (Stable)' rating to the proposed ₹550 crore debenture program on August 25, 2026.
- An interim dividend of ₹4 per equity share was declared on July 29, 2026, with a record date of August 4, 2026.
- A final dividend of ₹4.00 per equity share was approved at the AGM on July 29, 2026.
- A compliance notice dated September 18, 2026, set a December 18, 2026, deadline for claims related to shares transferred to the IEPF Authority.

- Balkrishna Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Balkrishna Industries Limited has informed the Exchange about Credit Rating- New |SUBJECT: Credit Rating- New
- Balkrishna Industries Limited has informed the Exchange regarding Outcome of Committee Meeting held on August 18, 2026. |SUBJECT: Committee Meeting Updates
- BALKRISHNA INDUSTRIES LIMITED has informed the Exchange about Board Meeting to be held on 18-Aug-2026 to consider Fund raising. |SUBJECT: Board Meeting Intimation
- Balkrishna Industries Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates

### Fundamentals

Balkrishna Industries reported a mixed financial performance across recent periods. Revenue from operations showed an upward trend, reaching ₹3,455.27 crore in Q1 FY2026-27, up from ₹2,736.79 crore in Q3 FY2025-26. However, this revenue growth was accompanied by a rise in expenses, which increased to ₹2,953.89 crore in Q1 FY2026-27 from ₹2,323.14 crore in Q3 FY2025-26. Consequently, operating profit margins (OPM) have shown some fluctuation, standing at 21.0% for FY2026 and projected at 22.0% for Q1 FY2026-27, down from 25.0% in FY2024. Profit Before Tax (PBT) also saw a decline from ₹1,941.0 crore in FY2024 to a projected ₹1,644.0 crore in FY2026, with a notable dip to ₹400.94 crore in Q4 FY2025-26. Earnings Per Share (EPS) followed a similar pattern, decreasing from ₹76.12 in FY2024 to a projected ₹64.30 in FY2026. The company's balance sheet indicates a significant increase in borrowings, rising from ₹3,099 crore in March 2024 to a projected ₹4,111 crore by March 2026. This increase in debt, coupled with a projected decrease in Free Cash Flow to -₹749.0 crore in FY2026 from ₹1,001.0 crore in FY2024, warrants monitoring. Key areas to watch include the company's ability to manage its debt levels and improve free cash flow generation amidst fluctuating profitability.

- Revenue from operations increased to ₹3,455.27 crore in Q1 FY2026-27 from ₹2,736.79 crore in Q3 FY2025-26.
- Operating Profit Margin (OPM) was 25.0% in FY2024, projected at 21.0% for FY2026.
- Profit Before Tax (PBT) decreased from ₹1,941.0 crore in FY2024 to a projected ₹1,644.0 crore in FY2026.
- Earnings Per Share (EPS) declined from ₹76.12 in FY2024 to a projected ₹64.30 in FY2026.
- Borrowings are projected to increase from ₹3,099 crore in March 2024 to ₹4,111 crore by March 2026, while Free Cash Flow is projected to turn negative at -₹749.0 crore in FY2026.

### Bull Case

Balkrishna Industries has demonstrated an increase in cash flow from operations, rising to ₹1,173 crore in March 2020 from ₹820 crore in March 2019. This growth in operating cash flow, coupled with a significant increase in Free Cash Flow to ₹390 crore in March 2020 from ₹86 crore in March 2019, indicates improved cash generation capabilities. The company has also seen its Reserves grow to ₹4,970 crore as of March 2020, up from ₹4,615 crore in March 2019, suggesting an accumulation of retained earnings. Fixed Assets have also seen an increase, growing to ₹3,308 crore in March 2020 from ₹2,786 crore in March 2019, potentially reflecting investments in operational capacity.

- Cash from Operating Activity increased to ₹1,173 crore in March 2020 from ₹820 crore in March 2019.
- Free Cash Flow improved to ₹390 crore in March 2020 from ₹86 crore in March 2019.
- Reserves grew to ₹4,970 crore as of March 2020, compared to ₹4,615 crore as of March 2019.
- Fixed Assets increased to ₹3,308 crore in March 2020 from ₹2,786 crore in March 2019.

### Bear Case

Balkrishna Industries (NSE) exhibits a mixed financial profile with some cautionary indicators. While sales have shown compounded growth over five years, profit growth has contracted over the same period. The company's cash flow from operations has increased, but this has been accompanied by a significant rise in cash used for investing activities, leading to a substantial decrease in free cash flow from ₹390.0 crore in March 2020 to ₹86.0 crore in March 2019. Furthermore, the company's borrowings have increased from ₹871 crore in March 2019 to ₹932 crore in March 2020. Technical indicators suggest a bearish trend on both daily and monthly timeframes, with the Supertrend indicator pointing to a 'bearish' direction.

- Compounded profit growth has been negative at -2% over 5 years and -3% on a TTM basis, contrasting with compounded sales growth of 13% over 5 years and 10% TTM.
- Free Cash Flow decreased significantly from ₹390.0 crore in March 2020 to ₹86.0 crore in March 2019.
- Total borrowings increased from ₹871 crore in March 2019 to ₹932 crore in March 2020.
- Technical analysis indicates a 'bearish' Supertrend direction on daily and monthly charts as of September 18, 2026.

### FAQs

**How has Balkrishna Industries' financial position changed between March 2019 and March 2020?**

Between March 2019 and March 2020, Balkrishna Industries saw an increase in total assets from ₹6,479 crore to ₹6,806 crore. This growth was primarily driven by an increase in fixed assets, which rose from ₹2,786 crore to ₹3,308 crore. Concurrently, total liabilities also increased from ₹6,479 crore to ₹6,806 crore. Borrowings saw a rise from ₹871 crore to ₹932 crore, while reserves grew from ₹4,615 crore to ₹4,970 crore. Cash flow from operating activities increased significantly from ₹820 crore to ₹1,173 crore, contributing to a higher Free Cash Flow of ₹390 crore in March 2020 compared to ₹86 crore in March 2019.

**What recent corporate actions has Balkrishna Industries undertaken regarding fundraising and credit ratings?**

On August 18, 2026, the Finance Committee approved the issuance and allotment of up to ₹550 crore in rated, listed, senior, unsecured, redeemable, non-cumulative, non-convertible debentures on a private placement basis. This was preceded by a Board Meeting intimation on August 13, 2026, to consider fund raising via non-convertible debentures. On August 25, 2026, ICRA Limited assigned a credit rating of 'ICRA AA+ (Stable)' to the company's proposed Non-Convertible Debenture programme of ₹550 crore.

**What were the key operational and financial highlights for Balkrishna Industries in Q1 FY27?**

For Q1 FY27, Balkrishna Industries reported an Off-Highway Tire (OHT) segment volume of 93,770 metric tons, marking a 16% year-on-year growth. Standalone revenue grew by 24% year-on-year to ₹3,409 crore. EBITDA stood at ₹703 crore, with a margin of 20.61%, impacted by raw material price increases partially offset by price hikes. The company commissioned Phase II of its Carbon Black plant, increasing total capacity to 360,000 MTPA, and expanded captive power capacity to 64 megawatts. Net debt was approximately ₹1,725 crore as of June 30, 2026, and an interim dividend of ₹4 per equity share was recommended.

**What is the current technical trend and key price levels for Balkrishna Industries as of September 18, 2026?**

As of September 18, 2026, the daily technical trend for Balkrishna Industries indicates a 'bearish' SuperTrend direction with the SuperTrend level at ₹2,307.47. The closing price was ₹2,265.3. Key support levels are identified near ₹2,253.87 (0.5% below current price) and ₹2,233.32 (1.41% below current price). Resistance levels are noted at ₹2,756.0 (21.66% above current price) and ₹2,794.01 (23.34% above current price).

- Balkrishna Industries Limited has informed the Exchange about Copy of Newspaper Publication |SUBJECT: Copy of Newspaper Publication
- Balkrishna Industries Limited has informed the Exchange about Credit Rating- New |SUBJECT: Credit Rating- New
- Balkrishna Industries Limited has informed the Exchange regarding Outcome of Committee Meeting held on August 18, 2026. |SUBJECT: Committee Meeting Updates
- BALKRISHNA INDUSTRIES LIMITED has informed the Exchange about Board Meeting to be held on 18-Aug-2026 to consider Fund raising. |SUBJECT: Board Meeting Intimation
- Balkrishna Industries Limited has informed the Exchange about Transcript |SUBJECT: Analysts/Institutional Investor Meet/Con. Call Updates
## Technical analytics

- As of: 2026-09-18
- Daily trend: Strong Downtrend
- Weekly trend: Weak Uptrend
- Pivot point: ₹2,156.93
- Risk regime: Price Risk Requires Attention

### Support levels
- 2233.315625
- 2140.4890625
- 2063.7

### Resistance levels
- 2756
- 2794.009375

### Return and range metrics

| Metric | Value |
| --- | --- |
| return_1 | +4.35% |
| return_10 | -2.66% |
| return_1m | -4.69% |
| return_1y | -9.70% |
| return_20 | -4.74% |
| return_3m | +1.39% |
| return_5 | +3.30% |
| return_6m | +4.29% |
| return_since_start | -21.16% |
| return_ytd | -2.20% |

### 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_q1

# Revenue Growth Accelerates, Margins Expand, Net Profit Crosses ₹450 Crore

Balkrishna Industries Limited reported its highest quarterly revenue in the five-quarter series for Q1 FY2026-27 (quarter ended 30 June 2026), driven by a 17.8% sequential increase and a 25.2% year-on-year rise. Expenses grew at a slower pace than revenue, which expanded the pre-tax profit margin. Net profit reached ₹451 crore, marking a substantial increase from the prior quarter and the year-ago period. Total comprehensive income also set a new high for the series, supported by a large other comprehensive income component.

## Revenue

Revenue from operations for the quarter stood at ₹3,455.27 crore, the highest figure recorded across the five available quarters. This represents a sequential increase of ₹522.45 crore (17.8%) compared to the preceding quarter, and a year-on-year increase of ₹695.25 crore (25.2%) compared to the same quarter last year. The sequential growth rate accelerated from the 7.2% rise observed in the previous quarter, extending the upward revenue trend that resumed in the third quarter of the prior fiscal year.

## Expenses and Margins

Total expenses for the quarter amounted to ₹2,953.89 crore, rising 16.9% sequentially and 19.5% year-on-year. Both sequential and year-on-year expense growth rates lagged the corresponding revenue growth rates, contributing to improved operating profitability.

Key expense components for the quarter include:
- **Cost of materials consumed:** ₹1,860.93 crore, the largest expense category.
- **Changes in inventories:** -₹214.28 crore, indicating a net increase in stock levels that reduced the quarter's total expenses.
- **Employee benefit expense:** ₹172.74 crore.
- **Depreciation and amortisation:** ₹206.25 crore.
- **Other expenses:** ₹811.38 crore, up 11.8% sequentially and 5.5% year-on-year.
- **Finance costs:** ₹36.77 crore, broadly stable compared with the prior quarter and higher than the ₹30.79 crore incurred in the year-ago quarter.

## Profit and Tax

Profit before exceptional items and tax reached ₹601.05 crore, up 49.9% sequentially and 52.4% year-on-year. The pre-tax profit margin expanded to 17.4% of revenue, compared with 13.7% in the preceding quarter and 14.3% in the year-ago quarter.

Tax expense for the period was ₹150.28 crore, comprising current tax of ₹130.95 crore and deferred tax of ₹19.33 crore. The deferred tax component shifted from a credit of ₹8.01 crore in the prior quarter to a charge this quarter. The effective tax rate was 25.0%, a slight decrease from the 25.3% rate recorded in the preceding quarter.

Net profit for the period was ₹450.77 crore, up 50.5% sequentially and 56.4% year-on-year. This figure matches profit from continuing operations, indicating no discontinued operations affected the quarter's results.

## Comprehensive Income

Total comprehensive income for the quarter was ₹628.55 crore, significantly exceeding net profit. The difference of ₹177.78 crore represents other comprehensive income that bypassed the profit and loss statement. This comprehensive income figure is the highest in the five-quarter series, compared to ₹73.39 crore in the year-ago quarter.

## Earnings Per Share

Basic and diluted earnings per share were identical at ₹23.32 per share, reflecting the absence of dilutive instruments. This compares with ₹15.49 per share in the preceding quarter and ₹14.91 per share in the year-ago quarter. The sequential and year-on-year increases in earnings per share align precisely with the growth in net profit.

## Management Commentary

Balkrishna Industries Ltd. (BKT) reported a strong start to FY27 with standalone revenue from operations of ₹3,444.7 crore, a sequential increase of 17% from ₹2,941.15 crore in Q4 FY26. Operating margin expanded to 15.09%, driven by improved operational efficiencies. Net profit on a standalone basis rose to ₹432.10 crore, compared to ₹295.09 crore in the preceding quarter. The Board approved a first interim dividend of ₹4 per share (200%), with a total cash outflow of ₹77.32 crore. Management confirmed that previously announced capital expenditure plans remain on track and within the approved budget, signaling continued capacity expansion. The company's debt-equity ratio stood at a comfortable 0.41 times on a consolidated basis, reflecting a strong balance sheet.

## Key Takeaway

Balkrishna Industries Limited delivered a quarter of accelerated revenue growth, with expenses increasing at a slower pace, which expanded the pre-tax profit margin to 17.4%. Net profit rose to ₹450.77 crore, and total comprehensive income reached ₹628.55 crore, both setting new highs for the available period. The quarter's financial results reflect a clear expansion in profitability alongside strong top-line growth.

### Ratios

## Official filings

- 2026-09-18 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_18092026152216_IEPFNewspaperPubNotice18092026.pdf)
- 2026-08-25 — Credit Rating Update: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_25082026174641_LetterwithRL.pdf)
- 2026-08-18 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_18082026165427_LettertoSE.pdf)
- 2026-08-13 — Generic Announcement: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/xbrl/PRIOR_INTIMATION_434_WebXMLFile_20260813_173938282.xml)
- 2026-08-05 — Management Change: Balkrishna Industries Limited — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_05082026160153_Coveringletterwithtranscriptsigned.pdf)
- 2026-07-31 — Official Filing: Balkrishna Industries Limited announced its unaudited financial results for the quarter ended June 30, 2026, with total income from operations at Rs. 3444.70 crores and net profit after tax at Rs. 432.10 crores. The company's board approved these results on July 29, 2026. Separately, YES BANK Limited is inviting Expressions of Interest for the sale of stressed loan exposures totaling Rs. 646.0 crores from the Ideal Group, with an auction scheduled under the Swiss Challenge Method. DSP Mutual Fund has also hosted its annual report for the financial year ended March 31, 2026, on its website and AMFI's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_31072026121039_Letter_to_Stock_Exchange_Newspaper_advertisment.pdf)
- 2026-07-30 — Official Filing: The 64th Annual General Meeting of Balkrishna Industries Limited was held on July 29, 2026, via video conferencing. Key agenda items included the adoption of audited financial statements for the year ended March 31, 2026, confirmation of interim dividends, and declaration of a final dividend of Rs. 4.00 per equity share. The meeting also addressed the re-appointment of directors and the appointment of joint statutory auditors, M/s. Deloitte Haskins & Sells Chartered Accountants LLP. The results of electronic voting will be disseminated to stock exchanges and uploaded on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_30072026120807_Proceedings_30072026_signed_1.pdf)
- 2026-07-30 — Official Filing: Balkrishna Industries Limited held its 64th Annual General Meeting on July 29, 2026, where all resolutions, including the adoption of financial statements, declaration of a final dividend of Rs. 4.00 per equity share, re-appointment of directors, and appointment of joint statutory auditors, were passed with the requisite majority. The company also confirmed the payment of interim dividends for the financial year 2025-26. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_30072026170314_VRandscrutinizerreport12345678910.pdf)
- 2026-07-30 — Official Filing: Balkrishna Industries Limited has made available the audio recording of a conference call held on July 30, 2026, to discuss the company's Q1 and FY27 results. This recording is accessible on the company's website. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_30072026173040_LettertoSEAudioRecordingSigned.pdf)
- 2026-07-29 — Official Filing: Balkrishna Industries Limited declared an interim dividend of INR 4 per equity share on July 29, 2026. The record date for this dividend is August 4, 2026, with payment expected by August 27, 2026. The board meeting to consider this dividend was held on July 29, 2026, following prior intimation to the stock exchange on July 25, 2026.
- 2026-07-29 — Official Filing: Balkrishna Industries Ltd. declared a first interim dividend of Rs. 4 per equity share for the financial year 2026-27, with a total cash outflow of Rs. 77.32 Crores. This decision was made during the Board of Directors meeting on July 29, 2026, which also approved the unaudited financial results for the quarter ended June 30, 2026. The record date for the dividend is August 4, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_29072026175056_Letter_with_Results_Signed.pdf)
- 2026-07-29 — Official Filing: Balkrishna Industries Ltd. declared a first interim dividend of Rs. 4 per equity share for the financial year 2026-27, with a total cash outflow of Rs. 77.32 Crores. This decision was made during the Board of Directors meeting on July 29, 2026, which also approved the unaudited financial results for the quarter ended June 30, 2026. The record date for the dividend is August 4, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_29072026173814_Letter_with_Results_Signed.pdf)
- 2026-07-29 — Official Filing: Balkrishna Industries Limited reported Q1FY27 highlights including highest ever quarterly sales volume of 93,770 MT, contributing ~90% to overall revenue. The company commissioned phase 2 of its carbon black plant, increasing total capacity to 360,000 MTPA and captive power capacity to 64MW. The On-Highway business started supplies in Commercial Vehicles Radial Tires in April 2026 and introduced a 2-wheeler tires product portfolio. Q1FY27 performance showed a 24% YoY revenue increase to Rs. 3,409 crore, a 50% YoY net profit increase to Rs. 432 crore, and a Rs. 4/- per equity share interim dividend. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_29072026192246_BKT_Investor_Presentation_July_2026_FINAL.pdf)
- 2026-07-27 — Official Filing: Balkrishna Industries Limited will hold an earnings conference call on July 30, 2026, at 11:00 AM IST to discuss its operational and financial performance for Q1 FY27. The call will be attended by Joint Managing Director Rajiv Poddar and the senior management team. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_27072026120434_Earnings_Conference_Call_Signed.pdf)
- 2026-07-27 — Official Filing: Balkrishna Industries Limited has announced the record date for determining shareholder eligibility for the first interim dividend for FY 2026-27. The record date is set for Tuesday, August 4, 2026. This dividend, if declared, will be paid within 30 days of its announcement at the Board Meeting scheduled for Wednesday, July 29, 2026. The company has published this information in the Financial Express and Sakal newspapers on July 26, 2026, in compliance with SEBI regulations. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_27072026143134_LetterToStockExchangeCombinedsigned.pdf)
- 2026-07-25 — Official Filing: Balkrishna Industries Ltd. will hold a Board Meeting on July 29, 2026, to approve unaudited financial results for the quarter ended June 30, 2026, and consider declaring a first interim dividend for FY 2026-27. The record date for the dividend, if declared, is August 4, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_25072026143340_BMintimationSigned290726.pdf)
- 2026-07-25 — Official Filing: Balkrishna Industries Limited will hold a board meeting on July 29, 2026, to consider unaudited quarterly financial results for the period ended June 2026 and an interim dividend. The trading window will be closed from July 1, 2026, to July 31, 2026. The record date for the first interim dividend, if declared, is August 4, 2026.
- 2026-07-15 — Generic Announcement: Balkrishna Industries Limited has submitted a certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018, for the quarter ended June 30, 2026. The company, through its Registrar and Transfer Agent KFin Technologies Limited, confirmed that details of securities dematerialized or rematerialized during the period have been furnished to all relevant stock exchanges. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_15072026152302_Letter_under_74_5_signed.pdf)
- 2026-07-08 — Generic Announcement: Balkrishna Industries Limited will hold its 64th Annual General Meeting on July 29, 2026, via video conferencing. The record date for determining entitlement to any final dividend for the financial year 2025-26 is July 22, 2026. Remote e-voting will be open from July 25 to July 28, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_08072026172358_Newspaperclipping64thAGMsigned.pdf)
- 2026-07-06 — Generic Announcement: Balkrishna Industries Ltd. will hold its 64th Annual General Meeting on July 29, 2026, via video conference to approve the financial year 2025-26 annual report and declare a final dividend of ₹4.00 per equity share. The record date for determining dividend entitlement is July 17, 2026, with payment on or after July 29, 2026. The meeting agenda also includes the re-appointment of directors and the appointment of Deloitte Haskins & Sells Chartered Accountants LLP as joint statutory auditors for five years. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_06072026172649_LetterandAnnual_report_for_year_31032026SIGNED.pdf)
- 2026-07-06 — Generic Announcement: Balkrishna Industries Ltd. has filed its Business Responsibility and Sustainability Report for the financial year 2025-26. The report, prepared in compliance with SEBI regulations, details the company's business performance and impacts aligned with the National Guidelines on Responsible Business Conduct. Bureau Veritas (India) Private Limited provided independent assurance on the core indicators disclosed in the report. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_06072026180240_LetterforBRRsignedfinal.pdf)
- 2026-06-29 — Generic Announcement: Balkrishna Industries Ltd. has completed its Carbon Black expansion project, adding 95,000 MTPA to reach a total capacity of 360,000 MTPA, with an investment of Rs. 800 Crore financed by internal accruals. Additionally, the company completed a Power Plant expansion, adding 24 MW to reach 64 MW capacity with an investment of Rs. 125 Crore, also financed internally. Both projects are part of the company's 2030 growth plan and were announced on June 29, 2026. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_29062026180439_Regulation30Increaseincapacitysigned.pdf)
- 2026-06-26 — Generic Announcement: Balkrishna Industries Limited announced that its trading window for designated persons will be closed from July 1, 2026, until 48 hours after the financial results for the quarter ending June 30, 2026, are made public. This closure is in accordance with the company's code of conduct for trading bylaw trading. — [Official attachment](https://nsearchives.nseindia.com/corporate/BALKRISIND_26062026173929_Letter_Closure_of_Trading_Window.pdf)

## News and market events

- 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.

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## Freshness and sources

- Data as of: 2026-09-18
- Source: Faxioms public stock analysis API

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