NSE: BALKRISIND | BSE: 502355

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2305.60 10.80 (0.47%)

25.76% Fall from 52W High

92,958 NSE+BSE Volume

NSE 01 Oct, 2025 3:31 PM (IST)

44,571.2

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Market Runner Up

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Balkrishna Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for BALKRISIND, BSE:502355 Balkrishna Industries Ltd.

Balkrishna Industries Ltd.

07 Sep 2018

2305.60

0.47%

Balkrishna Industries

Top Picks: Balkrishna Industries Ltd.

BOB Capital Markets Ltd.

We met the management of Balkrishna Industries (BIL) to discuss the company's capital expansion plans. Key takeaways: Capex of Rs 27bn planned over three years, US plant to enhance branding, US operations unlikely to be...

Geojit BNP Paribas decreased Hold price target of Balkrishna Industries Ltd. to 2678.0 on 23 Sep, 2025.

Balkrishna Industries Ltd.

04 Sep 2018

2305.60

0.47%

Balkrishna Industries

Hold: Balkrishna Industries Ltd.

Recommendation Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research The Board of Directors of Balkrishna Industries (BIL) has approved a capex outlay of ~| 1,700 crore, which will be completed over 30 months. Of the total capex, 1) | 700 crore is for setting up a greenfield tyre plant with capacity of 20,000 MT in US, 2) | 500 crore will be spent in Waluj where BIL will replace the existing plant with a new state-of-the-art facilities (co-generation plant & warehousing facilities) that will bring operational efficiencies to existing operations and 3) | 500 crore is...

Geojit BNP Paribas decreased Hold price target of Balkrishna Industries Ltd. to 2678.0 on 23 Sep, 2025.

Balkrishna Industries Ltd.

28 Aug 2018

2305.60

0.47%

MODEL TRADING PORTFOLIO | Balkrishna Industries Ltd

Buy: Balkrishna Industries Ltd.

Edelweiss

Balkrishna Industries Ltd is in the Tyres sector, having a market capitalization of Rs. 25,953.80 crores.

Number of FII/FPI investors decreased from 562 to 537 in Jun 2025 qtr

Balkrishna Industries Ltd.

17 Aug 2018

2305.60

0.47%

EARNINGS UPDATE-BALKRISHNA INDUSTRIES-1QFY19

Buy: Balkrishna Industries Ltd.

Target

Chola Wealth Direct

Sector: Auto Ancillaries /Mid-Cap | Earnings Update 1QFY19 Background: Balkrishna Industries (BIL) is focused solely on 'off-highway' tyres catering to agricultural & industrial segments. A low ~5% share of the global market makes us believe reasonable room exists for several years of growth. While OTR forms ~65% of the global market, for BIL, it only contributes ~33% to its revenue. With the completion of the new 140,000 MT facility at Bhuj, BIL is looking to expand in the OEM, OTR segments. The company has been undertaking vari ous actions like setting up warehouses in markets in North America and Europe to be closer to the customer and have a just in time (JIT) system. The company sales to over 130 countries through Distribution network in Americas, Europe, India and Rest of the world. BIL has also strong partnership with OEMs. Mining tyres accounted for 13% of the company's revenue in FY18....

Balkrishna Industrie.. has an average target of 2575.00 from 3 brokers.

Balkrishna Industries Ltd.

14 Aug 2018

2305.60

0.47%

Balkrishna Industries

Buy: Balkrishna Industries Ltd.

Recommendation Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Balkrishna Industries' (BIL) revenues came in at | 1,362 crore (up 34.5% YoY) vs. our estimate of | 1,285 crore. This was mainly due to volumes growing 23% YoY to 56,754 metric tonnes (MT) (above our expectation of 54,203 MT for the quarter) EBITDA margins came in at 26.2% (up 490 bps YoY, 225 bps QoQ) above our estimate of 26.1%. On a QoQ basis, raw material cost increased, resulting in gross margin contraction of 27 bps QoQ....

Balkrishna Industrie.. has an average target of 2575.00 from 3 brokers.

Balkrishna Industries Ltd.

14 Aug 2018

2305.60

0.47%

Balkrishna Industries Ltd: Volume Figure Exceeds Management ...

Hold: Balkrishna Industries Ltd.

Target

Karvy

Volume Figure Exceeds Management Guidance: Balkrishna Industries Ltd (BIL) sold 56,754 MT of tyres during Q1FY19 posting a 16.6% YoY growth which led revenue to grow at 21.6% recording Rs. 13624 Mn.

Number of FII/FPI investors decreased from 562 to 537 in Jun 2025 qtr

Balkrishna Industries Ltd.

13 Jul 2018

2305.60

0.47%

Balkrishna Ind

Buy: Balkrishna Industries Ltd.

Dolat Capital

Balkrishna Industries (BKT) has highlighted the importance of distribution reach and higher number of SKUs to sustain volume growth momentum. Focus will also be on the backward integration through carbon black plant...

Number of FII/FPI investors decreased from 562 to 537 in Jun 2025 qtr

Balkrishna Industries Ltd.

21 May 2018

2305.60

0.47%

Balkrishna Industries

Hold: Balkrishna Industries Ltd.

Target

ICICI Securities Limited

ICICI Securities Ltd | Retail Equity Research Balkrishna Industries' (BIL) revenues were at | 1,232 crore (up 22.8% YoY) vs. our estimate of | 1,135 crore after volumes grew 17% YoY to 54,002 metric tonnes (MT) (vs. our expectation of 50,764 MT) EBITDA margins came in at 24% (down 147 bps YoY & 222 bps QoQ) vs. our estimate of 28.4%. Higher raw material cost impacted the gross margin that contracted 94 bps QoQ while employee & other expense increased 4 bps QoQ & 124 bps QoQ, respectively...

Balkrishna Industries Ltd. is trading below all available SMAs

Balkrishna Industries Ltd.

21 May 2018

2305.60

0.47%

Balkrishna Industries Ltd: Volume Growth Accompanies Volatil...

Hold: Balkrishna Industries Ltd.

Karvy

Balkrishna Industries Ltd (BIL) recorded sales volume of 199,213 MT during FY18, exceeding the guidance of 195,000 MT driven by higher traction in the agriculture and mining segment. Most of the demand came from the European region which grew at 20% YoY followed by India at 15%. The management has indicated 220,000 MT for FY19 on the back of growing demand from the off- highway industry.

Geojit BNP Paribas decreased Hold price target of Balkrishna Industries Ltd. to 2678.0 on 23 Sep, 2025.

Balkrishna Industries Ltd.

21 Feb 2018

2305.60

0.47%

Result Update:Balkrishna Inds

Hold: Balkrishna Industries Ltd.

Axis Direct

Q3 EBITDA (adjusting for realized forex gains and one-off expenses) was marginally below estimate on higher employee costs & other expenses. Company maintained FY18 volume guidance of 190-195k tonne, implying a growth of 11-13%, on recovery across segments (especially in the US).

Number of FII/FPI investors decreased from 562 to 537 in Jun 2025 qtr

Is Balkrishna Industries Ltd. worth buying?

461 Votes:

Buy 76.36%

Sell 14.75%

Hold 8.89%

RESEARCH REPORTS

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