One of the market leader stocks engaged in manufacturing and selling off-highway tires for specialized segments such as agriculture, industrial, construction, mining, and gardening. The stock has jumped 3.43 percent after the company reports strong results of a 47.21 percent YOY increase in net profit.
Stock Price Movement
In Monday’s trading session, Balkrishna Industries Limited’s share jumped to an intraday high of 3.43 percent from the previous close of Rs. 2,652.15. The stock opened at Rs. 2,674.75 and is currently trading at Rs. 2,596.15, with a high of Rs. 2,743.25 and a low of Rs. 2,560. The market capitalization now stands at approximately Rs. 50,188.04 crore.
Q3 FY25 Result Walkthrough
Coming into the quarterly results of Balkrishna Industries Limited, the company’s consolidated revenue from operations increased by 12.58 percent YOY, from Rs. 2,274 crore in Q3 FY24 to Rs. 2,560 crore in Q3 FY25, and grew by 5.79 percent QoQ from Rs. 2,420 crore in Q2 FY25.
Further, the company’s EBIDT has increased by 11.09 percent, from Rs. 601 crore in Q3 FY24 to Rs. 541 crore in Q3 FY25.
In Q3 FY25, Balkrishna Industries Limited’s consolidated net profit increased by 47.21 percent YOY, reaching Rs. 449 crore compared to Rs. 305 crore during the same period last year. As compared to Q2 FY25, the net profit has increased by 29.39 percent, from Rs. 347 crore.
The basic earnings per share increased by 47.15 percent and stood at Rs 23.25 as against Rs 15.80 recorded in the same quarter in the previous year 2024.
Financial Highlights of FY25
The company’s fiscal year 2025 volume profile highlights agricultural tires contributing 59 percent of sales, followed by the OTR segment at 37.6 percent and others at 3.4 percent. The company’s business model is driven by the replacement market at 73.35 percent, while OEM sales account for 25.2 percent and others at 1.5 percent.
Geographically, Europe is the largest market at 42.61 percent, followed by India (28.9 percent), the Americas (16.4 percent), and the rest of the world (12.1 percent), demonstrating BKT’s broad international reach and market success.
Also read…..
Business Operation
The company is a global market leader in off-highway tires, specializing in agricultural, mining, construction, industrial, and other niche segments. With over 3,200 SKUs, it holds a
5-6% share in the global specialty market. The company exports to over 160 countries and holds prestigious certifications like “Five Star Export House” and AEO Tier III.
Manufacturing facilities
Balkrishna Industries Limited has a strong manufacturing presence in India, which includes plants in Waluj (Maharashtra), Bhiwadi (Rajasthan), Chopanki (Rajasthan), Bhuj (Gujarat), and a mould plant in Dombivali. The manufacturing locations are primarily concentrated in the western region of India.
Client Base
The company serves as a supplier to numerous prestigious global Original Equipment Manufacturers (OEMs) in the agricultural, construction, and heavy machinery sectors, which include brands like Case IH, New Holland, John Deere, AGCO, and SAME.
Additionally, The company also supplies construction equipment manufacturers such as JCB, CAT, and Terex, along with agricultural and specialized equipment makers.
Written By – Nikhil Naik
Disclaimer
The views and investment tips expressed by investment experts/broking houses/rating agencies on tradebrains.in are their own, and not that of the website or its management. Investing in equities poses a risk of financial losses. Investors must therefore exercise due caution while investing or trading in stocks. Dailyraven Technologies or the author are not liable for any losses caused as a result of the decision based on this article. Please consult your investment advisor before investing.
