| Management target | Revenue 17.0% FY30 |
|---|
| Revenue growth | Q2 revenue +49% YoY; H1 +35% YoY |
|---|---|
| Margins | Q2 EBITDA margin 18.2%, down 329 bps YoY |
| Demand visibility | Pirelli minimum offtake; India car registrations 5-7% CAGR |
| Management confidence | Reiterates 2.2x revenue by FY30 target |
Growth
Q2 volume 91,937 MT (+31% YoY). H1 PAT Rs 723 cr (+31%), H1 EBITDA Rs 1,332 cr (+15%), with margin down 332 bps.
Outlook
Revenue to ~Rs 23,000 cr by FY30 (~17% CAGR). Blended EBITDA margin 23-25% post commercialisation. Overall capex Rs 6,800 cr till FY29.
Risks
EBITDA margin compressed 329 bps in Q2. Working capital outflow Rs 1,224 cr in H1 left operating cash flow near zero. Borrowings rose to Rs 5,986 cr.
Investor Presentation filed with BSE, NSE: BALKRISIND. Summary written with AI assistance from the document.
Balkrishna Industries Ltd: key numbers
- Share price
- ₹2,243.70
- Market cap
- ₹43,375 Cr
- Revenue (annual)
- ₹10,820 Cr
- Net profit (annual)
- ₹1,222 Cr
- P/E (TTM)
- 31.1×Sector 31.6×
- Promoter holding
- 58.29%+0.00% QoQ
- FII holding
- 9.06%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Balkrishna Industries Ltd
All →Balkrishna Industries Dividend
Balkrishna Industries declared Rs 4 per share interim dividend on 4 November 2026. Record date is 11 November 2026, with payment by 3 December 2026.
Balkrishna Industries Q2 FY27 Results: Net Profit ₹292.6 Cr, Up 7.1% YoY
Balkrishna Industries Ltd reported revenue from operations of ₹3,472 Cr (+45.1% YoY) and net profit of ₹292.6 Cr (+7.1% YoY) for Q2 FY27.
- Key figure
- Net profit ₹292.6 Cr · +7.1% YoY
Balkrishna Industries Board Meeting Date
Balkrishna Industries' board meets November 4, 2026 to consider half-year results and a possible second interim dividend. Dividend record date, if declared, is November 11, 2026.
Balkrishna Industries Partnership
Balkrishna Industries signed a framework, offtake and service agreement with Pirelli Tyre for a future 50:50 joint venture to manufacture passenger car radial tyres in India. No monetary value is disclosed.
Balkrishna Industries Other Announcement
Balkrishna Industries Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026. This is a periodic regulatory disclosure of shareholding distribution.
Balkrishna Industries Debt & Borrowing
Balkrishna Industries Limited submitted its half-yearly statement of outstanding debt securities as of 30th September, 2026, in compliance with SEBI listing regulations.