Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30 of SEBI LODR 2015, please find attached herewith Credit Rating Letter
Balkrishna Industries Ltd (BKT) is a leading Indian multinational specializing in the design, manufacture, and sale of off-highway tires, serving sectors such as agriculture, construction, earthmoving, industrial, and mining. Established in 1987, the company has evolved into a global force with a wide distribution network spanning over 160 countries, backed by manufacturing facilities in India. BKT is recognized for its focus on innovation, product quality, and comprehensive R&D infrastructure to meet stringent application requirements across diverse geographies.
Announcement under Regulation 30 (LODR)-Credit Rating
Pursuant to Regulation 30 of SEBI LODR 2015, please find attached herewith Credit Rating Letter
Announcement under Regulation 30 (LODR)-Raising of Funds
Please find attached herewith outcome of finance committee meeting held on 18.08.2026
Board Meeting Outcome for Outcome Of The Meeting Of Finance Committee Of The Board Of Directors Of Balkrishna Industries Limited ('Company') Held On 18Th August, 2026 - Approval For Fund Raising Through Issue Of Non-Convertible Debentures
This is to inform you that the Finance Committee of the Board of Directors of Balkrishna Industries Limited ('Company') at its meeting held today i.e. 18th August, 2026, has considered and approved the issuance and allotment of 55,000 (Fifty Five Thousand) [rated, listed, senior, unsecured, redeemable, non-cumulative, non-convertible debentures] of face value of INR 1,00,000 (Indian Rupees One Lakh only) each aggregating up to INR 550 crores (Indian Rupees Five Hundred Fifty crores) ('Non Convertible Debentures') in multiple tranches on private placement basis.
Board Meeting Intimation for Prior Intimation Of Meeting Of Finance Committee Under Regulations 29(1)(D) Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('Listing Regulations')
Balkrishna Industries Ltd-has informed BSE that the meeting of the Board of Directors of the Company is scheduled on 18/08/2026 ,inter alia, to consider and approve Pursuant to Regulations 29(1)(d) of the Listing Regulations, we wish to inform you that a meeting of the Finance Committee of the Board of directors of Balkrishna Industries Limited ('Company') is scheduled to be held on 18th August, 2026 inter-alia, to consider and approve the proposal of raising funds through issuance of non-convertible debentures on a private placement basis in one or more tranches ('Debentures').
Announcement under Regulation 30 (LODR)-Earnings Call Transcript
Please find attached herewith Transcript of Conference Call with Investors/Analysts conducted on Thursday, the 30th July, 2026 to discuss Q1 and FY 27 Results of the company.
Balkrishna Industries Ltd
About
Balkrishna Industries Ltd (BKT) is a leading Indian multinational specializing in the design, manufacture, and sale of off-highway tires, serving sectors such as agriculture, construction, earthmoving, industrial, and mining. Established in 1987, the company has evolved into a global force with a wide distribution network spanning over 160 countries, backed by manufacturing facilities in India. BKT is recognized for its focus on innovation, product quality, and comprehensive R&D infrastructure to meet stringent application requirements across diverse geographies.
Catering to Original Equipment Manufacturers (OEMs) and aftermarket customers, BKT’s product lineup includes a broad range of radial and bias tires tailored for tractors, harvesters, loaders, and other specialist vehicles. The company has consistently expanded its capabilities through state-of-the-art production plants in Bhuj, Chopanki, Bhiwadi, Dombivali, and Waluj, aligning with evolving international standards and sustainability benchmarks.
Business Model & Strategy
Balkrishna Industries Ltd generates revenue primarily through the manufacture and export of off-highway tires, targeting global agriculture, construction, and industrial markets. Its business model leverages robust R&D, in-house compound development, and integrated manufacturing for cost efficiency and product differentiation. BKT serves both OEM and replacement market channels, contributing to steady, diversified income streams with strong export orientation.
Growth strategies center on expanding capacity (notably at the Bhuj plant), portfolio diversification (radials, larger sizes), geographic reach in North America and Europe, and agile supply chain management. Investments in automation, ESG initiatives, and brand partnerships (such as sports sponsorships) add to sustained long-term scalability and market presence.
Management Overview
9 MembersMr.Arvind Poddar
Executive Director-Chairperson related to PromoterMr.Rajiv Poddar
Executive DirectorMrs.Vijaylaxmi Poddar
Non-Executive - Non Independent DirectorMr.Vipul Shah
Executive DirectorMr.Pannkaj C Ghadiali
Non-Executive - Independent DirectorMrs.Shruti Anup Shah
Non-Executive - Independent DirectorMr.Laxmidas Vallabhdas Merchant
Non-Executive - Independent DirectorMr.Rahul Yogendra Dutt
Non-Executive - Independent DirectorMr.Madhu Sudan Bajaj
President (Commercial) & Chief Financial OfficerAwards & Recognition
5 Awards- Included in Forbes Asia’s 'Best Under a Billion' list (2023)
- Recipient of the India Tire & Rubber Industry Award for Export Excellence (2024)
- ISO 14001 and 9001 certifications for Environmental and Quality Management
- Recognized for high scores in ESG ratings by multiple agencies since 2022
- Official Tire Partner for international sporting leagues (2024–2025), enhancing global brand visibility
Market Information
Company Timeline
37+ Years of Excellence | 7 Major Milestones
Established as a specialist in the off-highway tire segment
Initial Public Offering and listing on BSE
Foray into global markets with a focus on Europe and the USA
Commissioning of Bhuj mega manufacturing facility
Capacity expansion and addition of new product lines at Bhuj and Waluj
Featured in Forbes Asia’s ‘Best Under a Billion’ companies
Awarded Export Excellence and expanded ESG reporting with new sustainability initiatives
The Next Evolution
Contact Information
Registered Office
B-66, Waluj Industrial Area, Waluj
Tel: 022-66663800,
Fax: 022-66663898,
Email: shares@bkt-tires.com
Website: bkt-tires.com
Corporate Actions
47| Purpose | Ex Date | Record Date | BC Start | BC End |
|---|---|---|---|---|
Interim Dividend ₹4 per share | 04 Aug 2026 Tuesday | 04 Aug 2026 Tuesday | - | - |
Final Dividend ₹4 per share | 17 Jul 2026 Friday | 17 Jul 2026 Friday | - | - |
Interim Dividend ₹4 per share | 02 Feb 2026 Monday | 02 Feb 2026 Monday | - | - |
Interim Dividend ₹4 per share | 07 Nov 2025 Friday | 07 Nov 2025 Friday | - | - |
Interim Dividend ₹4 per share | 31 Jul 2025 Thursday | 31 Jul 2025 Thursday | - | - |
Final Dividend ₹4 per share | 11 Jul 2025 Friday | 12 Jul 2025 Saturday | - | - |
Interim Dividend ₹4 per share | 30 Jan 2025 Thursday | 30 Jan 2025 Thursday | - | - |
Interim Dividend ₹4 per share | 31 Oct 2024 Thursday | 02 Nov 2024 Saturday | - | - |
Interim Dividend ₹4 per share | 20 Aug 2024 Tuesday | 20 Aug 2024 Tuesday | - | - |
Final Dividend ₹4 per share | 05 Jul 2024 Friday | 06 Jul 2024 Saturday | - | - |
Interim Dividend ₹4 per share | 02 Feb 2024 Friday | 02 Feb 2024 Friday | - | - |
Interim Dividend ₹4 per share | 31 Oct 2023 Tuesday | 31 Oct 2023 Tuesday | - | - |
Interim Dividend ₹4 per share | 11 Aug 2023 Friday | 12 Aug 2023 Saturday | - | - |
Final Dividend ₹4 per share | 11 Jul 2023 Tuesday | 11 Jul 2023 Tuesday | - | - |
Interim Dividend ₹4 per share | 17 Feb 2023 Friday | 18 Feb 2023 Saturday | - | - |
Interim Dividend ₹4 per share | 21 Nov 2022 Monday | 22 Nov 2022 Tuesday | - | - |
Interim Dividend ₹4 per share | 11 Aug 2022 Thursday | 13 Aug 2022 Saturday | - | - |
Final Dividend ₹4 per share | 24 Jun 2022 Friday | 27 Jun 2022 Monday | - | - |
Interim Dividend ₹4 per share | 21 Feb 2022 Monday | 22 Feb 2022 Tuesday | - | - |
Special Dividend ₹12 per share | 21 Feb 2022 Monday | 22 Feb 2022 Tuesday | - | - |
Interim Dividend ₹4 per share | 17 Nov 2021 Wednesday | 19 Nov 2021 Friday | - | - |
Interim Dividend ₹4 per share | 12 Aug 2021 Thursday | 14 Aug 2021 Saturday | - | - |
Final Dividend ₹5 per share | 18 Jun 2021 Friday | 21 Jun 2021 Monday | - | - |
Interim Dividend ₹5 per share | 15 Feb 2021 Monday | 16 Feb 2021 Tuesday | - | - |
Interim Dividend ₹4 per share | 12 Nov 2020 Thursday | 14 Nov 2020 Saturday | - | - |
Interim Dividend ₹3 per share | 20 Aug 2020 Thursday | 22 Aug 2020 Saturday | - | - |
Interim Dividend ₹16 per share | 24 Feb 2020 Monday | 25 Feb 2020 Tuesday | - | - |
Interim Dividend ₹2 per share | 21 Nov 2019 Thursday | 22 Nov 2019 Friday | - | - |
Interim Dividend ₹2 per share | 20 Aug 2019 Tuesday | 21 Aug 2019 Wednesday | - | - |
Final Dividend ₹2 per share | 04 Jul 2019 Thursday | - | 08 Jul 2019 Monday | 09 Jul 2019 Tuesday |
Interim Dividend ₹2 per share | 15 Feb 2019 Friday | 18 Feb 2019 Monday | - | - |
Interim Dividend ₹2 per share | 14 Nov 2018 Wednesday | 15 Nov 2018 Thursday | - | - |
Interim Dividend ₹2 per share | 20 Aug 2018 Monday | 21 Aug 2018 Tuesday | - | - |
Final Dividend ₹1.50 per share | 09 Jul 2018 Monday | - | 11 Jul 2018 Wednesday | 12 Jul 2018 Thursday |
Interim Dividend ₹1.50 per share | 21 Feb 2018 Wednesday | 22 Feb 2018 Thursday | - | - |
Bonus issue 1:1 | 21 Dec 2017 Thursday | 23 Dec 2017 Saturday | - | - |
Interim Dividend ₹2.50 per share | 16 Nov 2017 Thursday | 17 Nov 2017 Friday | - | - |
Final Dividend ₹2.50 per share | 06 Sep 2017 Wednesday | - | 08 Sep 2017 Friday | 09 Sep 2017 Saturday |
Interim Dividend ₹2.50 per share | 04 Aug 2017 Friday | 07 Aug 2017 Monday | - | - |
Interim Dividend ₹2 per share | 17 Feb 2017 Friday | 20 Feb 2017 Monday | - | - |
Interim Dividend ₹2 per share | 07 Dec 2016 Wednesday | 08 Dec 2016 Thursday | - | - |
Interim Dividend ₹1.50 per share | 19 Sep 2016 Monday | 20 Sep 2016 Tuesday | - | - |
Interim Dividend ₹3 per share | 16 Mar 2016 Wednesday | 17 Mar 2016 Thursday | - | - |
Special Dividend ₹2.50 per share | 16 Mar 2016 Wednesday | 17 Mar 2016 Thursday | - | - |
Final Dividend ₹2.40 per share | 06 Jul 2015 Monday | - | 08 Jul 2015 Wednesday | 09 Jul 2015 Thursday |
Spin Off | 24 Mar 2015 Tuesday | 25 Mar 2015 Wednesday | - | - |
Scheme of Arrangement | 24 Mar 2015 Tuesday | 25 Mar 2015 Wednesday | - | - |
₹44,057 Cr.
₹2,319
₹2,775 / 1,970
29.09
₹566.7
4.02
₹78.35
₹2.00
0.7 %
Manage Ratio
FINANCIALS
| Annual Results | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Income | - | - | - | 5,428 | 5,062 | 5,955 | 8,733 | 10,106 | 9,818 | 10,986 | 11,075 | 11,763 |
| Expenses | - | - | - | 4,252 | 3,923 | 4,400 | 6,751 | 8,671 | 7,877 | 8,798 | 9,431 | 9,912 |
| Profit | - | - | - | 774 | 960 | 1,178 | 1,435 | 1,057 | 1,471 | 1,655 | 1,243 | 1,406 |
| Tax | - | - | - | 403 | 180 | 377 | 547 | 377 | 470 | 532 | 401 | 445 |
| EPS | - | - | - | 40 | 50 | 61 | 74 | 55 | 76 | 86 | 64 | 23.32 |
| Ratios | - |
Cash Flow
Consolidated Figures in Rs. Crores
| Annual Balance Sheet | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | Mar 2026 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Assets | - | - | - | 6,479 | 6,806 | 8,166 | 10,979 | 12,348 | 13,685 | 15,635 | 17,766 | - |
| Equity And Liabilities | - | - | - | 6,479 | 6,806 | 8,166 | 10,979 | 12,348 | 13,685 | 15,635 | 17,766 | - |
Shareholding Pattern
Numbers in Percentages
| Quarterly SHP Announcement Date | Mar 2016 12 Apr '16 | Mar 2017 31 Mar '17 | Mar 2018 31 Mar '18 | Mar 2019 15 May '19 | Mar 2020 06 May '20 | Mar 2021 15 Apr '21 | Mar 2022 17 May '22 | Mar 2023 14 Apr '23 | Mar 2024 13 Apr '24 | Mar 2025 19 Apr '25 | Mar 2026 20 Apr '26 | - |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Goverments | - | - | - | - | - | - | - | - | 0.01% | 0.01% | - | - |
| Promoter And Promoter Group | - | - | - | 58.30% | 58.30% | 58.30% | 58.29% | 58.29% | 58.29% | 58.29% | 58.29% | - |
| Non Institutions | - | - | - | 15.21% | 11.97% | 12.71% | 15.87% | 8.98% | 7.38% | 6.46% | 6.32% | - |
| FII | - | - | - | - | - | - | - | 12.43% | 12.24% | 11.46% | 11.13% | - |
| DII | - | - | - | - | - | - | - | 20.30% | 22.07% | 23.78% | 24.26% | - |
| Total | - | - | - | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | 100.00% | - |
Balkrishna Industries Ltd
Balkrishna Industries Ltd
Balkrishna Industries Ltd (BKT) is a leading Indian multinational specializing in the design, manufacture, and sale of off-highway tires, serving sectors such as agriculture, construction, earthmoving, industrial, and mining. Established in 1987, the company has evolved into a global force with a wide distribution network spanning over 160 countries, backed by manufacturing facilities in India. BKT is recognized for its focus on innovation, product quality, and comprehensive R&D infrastructure to meet stringent application requirements across diverse geographies.
Catering to Original Equipment Manufacturers (OEMs) and aftermarket customers, BKT’s product lineup includes a broad range of radial and bias tires tailored for tractors, harvesters, loaders, and other specialist vehicles. The company has consistently expanded its capabilities through state-of-the-art production plants in Bhuj, Chopanki, Bhiwadi, Dombivali, and Waluj, aligning with evolving international standards and sustainability benchmarks.
Balkrishna Industries Ltd generates revenue primarily through the manufacture and export of off-highway tires, targeting global agriculture, construction, and industrial markets. Its business model leverages robust R&D, in-house compound development, and integrated manufacturing for cost efficiency and product differentiation. BKT serves both OEM and replacement market channels, contributing to steady, diversified income streams with strong export orientation.
Growth strategies center on expanding capacity (notably at the Bhuj plant), portfolio diversification (radials, larger sizes), geographic reach in North America and Europe, and agile supply chain management. Investments in automation, ESG initiatives, and brand partnerships (such as sports sponsorships) add to sustained long-term scalability and market presence.
Included in Forbes Asia’s 'Best Under a Billion' list (2023)
Recipient of the India Tire & Rubber Industry Award for Export Excellence (2024)
ISO 14001 and 9001 certifications for Environmental and Quality Management
Recognized for high scores in ESG ratings by multiple agencies since 2022
Official Tire Partner for international sporting leagues (2024–2025), enhancing global brand visibility
Established as a specialist in the off-highway tire segment
Initial Public Offering and listing on BSE
Foray into global markets with a focus on Europe and the USA
Commissioning of Bhuj mega manufacturing facility
Capacity expansion and addition of new product lines at Bhuj and Waluj
Featured in Forbes Asia’s ‘Best Under a Billion’ companies
Awarded Export Excellence and expanded ESG reporting with new sustainability initiatives
Peer Comparison
| S.No. | Company Name | CMP (₹) | Market Cap (₹ Cr) | Div Yld (%) | NP Qtr (₹ Cr) | Qtr Profit Var (%) | Sales Qtr (₹ Cr) | Qtr Sales Var (%) | ROCE (%) | ROE (%) | Book Value (₹) | EPS TTM (₹) | TTMPE Ratio (₹) |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Coming Soon
Heatmap View
Premium Feature| Company | CMP (₹) | MCap (₹ Cr) | EPS TTM (₹) | ||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Financial Ratios
Premium Feature| Company Name | P/E (TTM) | EPS (₹) | D/E | NPM | GPM | ROE (%) | ROCE (%) | P/B | |||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Not Found Data | |||||||||||||
Coming Soon




