NSE: BALKRISIND | BSE: 502355

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2300.50 -5.10 (-0.22%)

25.31% Fall from 52W High

28,764 NSE+BSE Volume

NSE 03 Oct, 2025 11:48 AM (IST)

44,472.6

Market Cap

Market Runner Up

1.1

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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.

17 Feb 2016

2300.50

-0.22%

EARNINGS UPDATE - BALKRISHNA IND

Neutral: Balkrishna Industries Ltd.

Chola Wealth Direct

Balkrishna Industries manufactures Off-Highway tyres for agricultural, Industrial, material handling, earth moving and garden equipment and all terrain vehicles (ATV). Company exports 90% of tyre production with its strong distribution network of over 200 distributors at more than 120 countries. With four manufacturing plants, production capacity of BIL stands at 300,000MTPA. BIL caters to three different industrial segments Agriculture (62%), OTR (34%) and others (3%). BIL derives 75% of its revenues from...

Balkrishna Industries Ltd. is trading below all available SMAs

Balkrishna Industries Ltd.

16 Feb 2016

2300.50

-0.22%

Balkrishna Industries (3QFY16): Present tense, future perfect? Maintain BUY

Buy: Balkrishna Industries Ltd.

Target

HDFC Securities

Balkrishna Industries (BKT) adj EBITDA at Rs 2.7bn (4% YoY) was ahead of expectations, as gross margin expansion (740bps YoY to 60.5%) offset the 15% YoY net sales decline. BKT?s volumes/net ASP dropped 8/7% YoY. Gross profit/kg expanded (6% YoY) as RM prices remained soft.

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

Balkrishna Industries Ltd.

21 Nov 2015

2300.50

-0.22%

Balkrishna Industries Ltd: Subdued Market Conditions to Postpone Growth (Nov 21, 2015)

Hold: Balkrishna Industries Ltd.

Karvy

BKT derives more than 54% of its revenue from Europe, which currently is facing a downswing in the tractor market. The other major markets are the US and India from where it derives ~ 15% of its revenues which, again are not conducive at the moment. With rubber prices falling drastically, the company is enjoying theoperating margin cushion where, for H1FY16, margins expanded significantly by 600bps (YoY). Going forward, we expect revenue to fall by 4.0% for FY16E and improve nominally by 3.5% for FY17E on account of volume contraction especially in the Europe and the USA.

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

Balkrishna Industries Ltd.

10 Nov 2015

2300.50

-0.22%

Balkrishna Industries (2QFY16): Strong margins offset volume weakness. Maintain BUY

Buy: Balkrishna Industries Ltd.

Target

HDFC Securities

Balkrishna Industries (BKT) net sales (adjusted for crystallized forex) at Rs 7.9bn (-18% YoY) came in below estimates due to 8% drop in volumes and flattish net ASP on QoQ basis. However, APAT at Rs 1.25bn ( 39% YoY) beat estimates, driven by gross margin-led operational improvement.

Balkrishna Industries Ltd. is trading below all available SMAs

Balkrishna Industries Ltd.

10 Nov 2015

2300.50

-0.22%

Balkrishna Industries

Hold: Balkrishna Industries Ltd.

ICICI Securities Limited

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

Balkrishna Industries Ltd.

12 Aug 2015

2300.50

-0.22%

Balkrishna Industries (1QFY16) : Decent quarter amid tough demand headwinds. Maintain BUY

Buy: Balkrishna Industries Ltd.

Target

HDFC Securities

Balkrishna Industries (BKT) net sales at Rs 8.7bn (-9% YoY, -15% QoQ) came in below expectations due to a sharp 11% QoQ drop in Net ASP for the quarter. Management clarified that bulk of the Net ASP drop was on account of unevenness of EUR/INR hedges.

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

Balkrishna Industries Ltd.

12 Aug 2015

2300.50

-0.22%

EARNINGS UPDATE - BALKRISHNA INDUSTRIES

Neutral: Balkrishna Industries Ltd.

Chola Wealth Direct

Background: Balkrishna Industries (BIL) manufactures Off-Highway Tyres (OHT) for agricultural, industrial, material handling, construction, earthmoving, forestry, lawn and garden equipment and all-terrain vehicles (ATV).The company exports about 90% of its total tyre production with the help of a strong distribution network of over 200 distributors to more than 120 countries. With three tyre manufacturing plants, the production capacity of BIL stands at 220,000 MT. BIL mainly caters to three different industrial segments - Agriculture (63%), OTR (34%) and others (3%). BIL derives 77% of the revenues from replacement market, 19% from the OEM market and 4%...

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

Balkrishna Industries Ltd.

21 May 2015

2300.50

-0.22%

EARNINGS UPDATE - BALKRISHNA INDUSTRIES

Neutral: Balkrishna Industries Ltd.

Chola Wealth Direct

Balkrishna Industries (BIL) manufactures Off-Highway Tyres (OHT) for agricultural, industrial, material handling, construction, earthmoving, forestry, lawn and garden equipment and all-terrain vehicles (ATV).The company exports about 90% of its total tyre production with the help of a strong distribution network of over 200 distributors to more than 120 countries. With three tyre manufacturing plants, the production capacity of BIL stands at 220,000 MT. BIL mainly caters to three different industrial segments - Agriculture (63%), OTR (34%) and others (3%). BIL derives 77% of the revenues from replacement market, 19% from the OEM market...

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

Balkrishna Industries Ltd.

18 May 2015

2300.50

-0.22%

Balkrishna Industries (4QFY15) : Strong quarter in challenging environment. Maintain BUY

Buy: Balkrishna Industries Ltd.

Target

HDFC Securities

Balkrishna Industries (BKT) beat our and street estimates with 4QFY15 APAT of Rs 1.61bn ( 4.5% YoY, 22% QoQ). While volumes came in lower than expected with a 4% YoY decline, BKT?s operating performance surprised positively with healthy gross margin improvement driving 160bps QoQ rise in adjusted EBITDA margin to 28.6%.

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

Balkrishna Industries Ltd.

20 Apr 2015

2300.50

-0.22%

Balkrishna Industries (Update) : Ready for the big league. BUY

Buy: Balkrishna Industries Ltd.

HDFC Securities

Balkrishna Industries (BKT) has consistently leveraged cost advantages in the global off-highway tyres (OHT) business for a decade. It has outpaced competition with ~19% volume CAGR over the period. Yet, with a modest ~5% market share, BKT has several white spaces in terms of product segments and markets to expand into over the next few years. This will be catalysed by completion of its green-field facility at Bhuj, which almost doubles capacity and also raises radials to 40% of the mix.

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

Is Balkrishna Industries Ltd. worth buying?

461 Votes:

Buy 76.36%

Sell 14.75%

Hold 8.89%

RESEARCH REPORTS

Hold SEE REPORTS >

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Sell SEE REPORTS >

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