Balkrishna Industries

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• DebtHigh safetyRated AA+ by 3 agencies.
• ResultsGrowingIn the Jun 2026 quarter, sales rose 25% and profit rose 57% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersSteadyThe promoters (founders or parent) own 58% of the company, about the same as in Jun 2025.
• ValuationCheap vs its pastThe share trades at 28.9 times its yearly earnings (P/E), cheaper than 82% of the time in the last 5 years. Its usual P/E is about 19.

Balkrishna Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)28.9 against a typical 21.4: pricier than most peers (1st = cheapest).14th of 20
• Sales growth+25.2% against a typical +21.4% from a year earlier.7th of 16
• Profit growth+56.6% against a typical −12.9% from a year earlier.5th of 15
• Share price, 3 months+0.9% against a typical −7.3%.6th of 20
• Size₹ 41,079.9 Cr. market value against a typical ₹ 270.9 Cr. (1st = largest).2nd of 20

Exchange filings and their impact on the company.

• 27 Oct 2026Analysts/Institutional Investor Meet/Con. Call UpdatesLow impactPositivePrice −2.1% on 28 Oct
  BKT to make Pirelli premium car tyres from 2027 scaling to 800,000 a year by 2030 with no extra capex.

  Balkrishna Industries signed a strategic offtake agreement with Pirelli to make Pirelli-branded premium car tyres of 17-inch and above at its new Bhuj PCR plant. Supplies start in calendar 2027 and scale to 800,000 tyres per year by calendar 2030, mainly for India, priced on actual raw material plus conversion cost. A second phase envisages a 50-50 joint venture plant if preset conditions are met by 2030, with no extra capex needed for the offtake phase.

  Full analysisFiling
• 22 Oct 2026Outcome of Board MeetingMedium impactPositivePrice +3.5% that day
  BKT ties up with Pirelli for PCR offtake and a 50:50 India JV, de-risking its new PCR bet.

  Balkrishna Industries signed three deals with Pirelli Tyre on 22 October 2026: a framework for a future 50:50 joint venture in India to make passenger car radial tyres, an offtake deal under which BKT will make Pirelli-branded car tyres at its Bhuj plant in Gujarat, and a service deal where Pirelli will help test BKT tyres using its proving grounds and simulation tools. No financial size or JV investment was disclosed. The tie-up gives BKT assured volume for its car-tyre plant and premium technology access, while the JV plant is a longer-term growth driver.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Arvind Kumar Mahabir Prasad Poddar

Executive Chairman of the Board, Managing Director

Saroj Kumar Khuntia

Chief Financial Officer

Dilip M. Vaidya

Senior President & Director - Technology

Vipul R. Shah

Compliance Officer, Company Secretary, Whole-Time Director

Rajiv Arvind Kumar Poddar

Joint Managing Director, Executive Director

Ravi Joshi

Deputy Chief Financial Officer

Sudhir Mishra

Head Human Resources

Sushil Mishra

Head- Accounts