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    Balkrishna Industries Limited

    BKT: world's largest Off-Highway Tyre maker, exporting agri, construction & mining tyres to 160+ countries.

    Automobile and Auto Components
    Consumer Discretionary
    View BALKRISIND earnings calls
    ₹2,065.3
    -5.21% from avg

    Overview

    Price

    ₹2,065.3

    Market Cap

    ₹39.0k Cr

    Sector

    Automobile and Auto Components

    Consumer Discretionary

    Rank

    4

    Performance

    Explore BALKRISIND

    Promise TrackerConcall Analysis

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital3939393939393939
    Reserves5.0k6.0k6.9k7.5k8.8k10.3k10.4k10.9k
    Borrowings9321.0k2.5k3.3k3.1k3.3k3.7k4.1k
    Other Liabilities8661.2k1.5k1.4k1.7k2.0k2.4k2.7k
    Total Liabilities6.8k8.2k11.0k12.3k13.7k15.6k16.5k17.8k
    AssetsFixed Assets3.3k3.4k4.0k5.4k6.3k6.9k7.1k7.4k
    CWIP5878561.3k1.4k9449861.8k2.5k
    Investments1.1k1.4k1.9k2.0k2.7k3.3k3.1k3.1k
    Other Assets1.9k2.5k3.8k3.5k3.7k4.4k4.6k4.8k
    Total Assets6.8k8.2k11.0k12.3k13.7k15.6k16.5k17.8k

    Valuation

    Assumptions

    Current — BALKRISIND
    Price
    ₹2,065
    EPS (TTM)
    ₹64.30
    PE (TTM)
    32.1
    Profit growth
    5.5%
    ₹

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (34.2×) and current (32.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹2,065
    vs
    Fair value · 15% return
    ₹1,133
    45%Overvalued

    At 5.5% growth and a 32× exit, ₹2065 only delivers your return if you pay ₹1,133. The price is currently baking in 18% growth.

    EPS grows 5.5%/yr for 5 years, then fades to 6% over 2, exits at 32×.

    YearGrowthEPS (₹)
    FY275.5%67.84
    FY285.5%71.57
    FY295.5%75.50
    FY305.5%79.66
    FY315.5%84.04
    FY325.8% ·fade88.87
    FY336.0% ·fade94.20

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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