Balkrishna Industries Ltd.
BALKRISINDConsumer Discretionary filings
We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.
Earnings calls
16 transcript(s)/analyst meet(s) served; 3 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 16 documents here); elsewhere sentences render unattributed.
| Kind | Date | Period | Served | Attribution rate |
|---|---|---|---|---|
| COVER_LETTER | 20220518 | 2022-03-31 | no | |
| COVER_LETTER | 20220813 | 2022-06-30 | no | |
| COVER_LETTER | 20221118 | 2022-09-30 | no | |
| TRANSCRIPT | 20230218 | 2022-12-31 | yes | |
| TRANSCRIPT | 20230603 | 2023-03-31 | yes | |
| TRANSCRIPT | 20230810 | 2023-06-30 | yes | |
| TRANSCRIPT | 20231030 | 2023-09-30 | yes | |
| TRANSCRIPT | 20240129 | 2023-12-31 | yes | |
| TRANSCRIPT | 20240524 | 2024-03-31 | yes | |
| TRANSCRIPT | 20250130 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250530 | 2025-03-31 | yes | |
| TRANSCRIPT | 20250801 | 2025-06-30 | yes | |
| TRANSCRIPT | 20251105 | 2025-09-30 | yes | |
| TRANSCRIPT | 20260203 | 2025-12-31 | yes | |
| TRANSCRIPT | 20260514 | 2026-03-31 | yes | |
| TRANSCRIPT | 20260805 | 2026-06-30 | yes |
BALKRISIND
files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.
Identity
| Statement division | general |
| Scope served | consolidated |
| Panels on this page | 4 |
Market
No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.
| Last close | 2,167.80 |
| 52-week range | 1974.0 – 2716.3 |
| Return 1M | -8.39% |
| Return 3M | -2.95% |
| Return 1Y | -10.28% |
| Return 3Y | -15.4% |
| Return 5Y | -18.39% |
| Market capitalisation | not shown — we could not confirm it |
| Shares outstanding | not shown — we could not confirm it |
| P/E | not shown — we could not confirm it |
| P/B | not shown — we could not confirm it |
| EV/EBITDA | not shown — we could not confirm it |
Latest quarter filed — period ending 2026-06-30
In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.
| Revenue from operations | 3,455.00 |
| Other income | 100.00 |
| Total income | 3,555.00 |
| Cost of materials consumed | 1,861.00 |
| Purchases of stock-in-trade | 80.00 |
| Changes in inventories | -214.00 |
| Employee benefit expense | 173.00 |
| Finance costs | 37.00 |
Ownership — 2026-06-30, and the change from 2026-03-31
| Holder | Per cent | Change |
|---|---|---|
| promoter and promoter group | 0.58 | 0.00 |
| institutions foreign | 0.10 | -0.01 |
| institutions domestic | 0.25 | 0.00 |
| mutual funds | 0.19 | 0.01 |
| public | 0.42 | 0.00 |
Documents on file
| Class | Most recent | On file |
|---|---|---|
| COVER_LETTER | 2022-09-30 | 3 |
| TRANSCRIPT | 2026-06-30 | 13 |
Financial statements
Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.
Quarterly results, as filed
| Line | 2022-03-31 | 2022-09-30 | 2022-12-31 | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from operations | 2,374.00 | 2,658.00 | 2,166.00 | 2,317.00 | 2,159.00 | 2,253.00 | 2,274.00 | 2,682.00 | 2,714.00 | 2,420.00 | 2,560.00 | 2,760.00 | 2,393.00 | 2,737.00 | 2,933.00 | 3,455.00 |
| Other income | 109.00 | 227.00 | 45.00 | 57.00 | 106.00 | 107.00 | 66.00 | 171.00 | 162.00 | 90.00 | 187.00 | 107.00 | 71.00 | 77.00 | -4.00 | 100.00 |
| Total income | 2,484.00 | 2,884.00 | 2,211.00 | 2,374.00 | 2,265.00 | 2,360.00 | 2,340.00 | 2,853.00 | 2,876.00 | 2,510.00 | 2,748.00 | 2,867.00 | 2,465.00 | 2,814.00 | 2,929.00 | 3,555.00 |
| Cost of materials consumed | 1,123.00 | 1,207.00 | 1,083.00 | 1,136.00 | 1,029.00 | 1,071.00 | 1,085.00 | 1,219.00 | 1,275.00 | 1,129.00 | 1,264.00 | 1,251.00 | 1,108.00 | 1,313.00 | 1,469.00 | 1,861.00 |
| Purchases of stock-in-trade | 22.00 | 26.00 | 27.00 | 30.00 | 30.00 | 27.00 | 30.00 | 34.00 | 35.00 | 29.00 | 36.00 | 36.00 | 38.00 | 41.00 | 52.00 | 80.00 |
| Changes in inventories | -47.00 | 109.00 | 37.00 | 8.00 | -19.00 | -4.00 | -12.00 | 2.00 | -15.00 | -4.00 | -68.00 | 50.00 | 6.00 | -24.00 | -112.00 | -214.00 |
| Employee benefit expense | 107.00 | 113.00 | 113.00 | 115.00 | 119.00 | 124.00 | 126.00 | 130.00 | 129.00 | 131.00 | 145.00 | 148.00 | 144.00 | 146.00 | 158.00 | 173.00 |
| Finance costs | 3.00 | 5.00 | 14.00 | 26.00 | 22.00 | 24.00 | 36.00 | 31.00 | 22.00 | 41.00 | 16.00 | 31.00 | 33.00 | 34.00 | 36.00 | 37.00 |
| Depreciation and amortisation | 120.00 | 137.00 | 149.00 | 156.00 | 155.00 | 160.00 | 161.00 | 174.00 | 163.00 | 166.00 | 173.00 | 188.00 | 193.00 | 195.00 | 199.00 | 206.00 |
| Other expenses | 666.00 | 775.00 | 637.00 | 548.00 | 500.00 | 503.00 | 505.00 | 615.00 | 626.00 | 556.00 | 582.00 | 769.00 | 587.00 | 618.00 | 726.00 | 811.00 |
| Total expenses | 1,993.00 | 2,373.00 | 2,059.00 | 2,019.00 | 1,835.00 | 1,905.00 | 1,931.00 | 2,206.00 | 2,236.00 | 2,048.00 | 2,148.00 | 2,473.00 | 2,107.00 | 2,323.00 | 2,528.00 | 2,954.00 |
| Profit before exceptional items and tax | 490.00 | 511.00 | 151.00 | 355.00 | 430.00 | 456.00 | 409.00 | 647.00 | 640.00 | 463.00 | 600.00 | 394.00 | 357.00 | 491.00 | 401.00 | 601.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 490.00 | 511.00 | 151.00 | 355.00 | 430.00 | 456.00 | 409.00 | 647.00 | 640.00 | 463.00 | 600.00 | 394.00 | 357.00 | 491.00 | 401.00 | 601.00 |
| Current tax | 100.00 | 120.00 | 33.00 | 79.00 | 92.00 | 99.00 | 90.00 | 129.00 | 141.00 | 103.00 | 141.00 | 100.00 | 78.00 | 100.00 | 109.00 | 131.00 |
| Deferred tax | 16.00 | 8.00 | 10.00 | 16.00 | 5.00 | 9.00 | 13.00 | 31.00 | 9.00 | 12.00 | 9.00 | 6.00 | 6.00 | 9.00 | -8.00 | 19.00 |
| Tax expense | 116.00 | 129.00 | 43.00 | 95.00 | 98.00 | 108.00 | 104.00 | 160.00 | 150.00 | 116.00 | 150.00 | 106.00 | 84.00 | 109.00 | 101.00 | 150.00 |
| Profit for the period | 375.00 | 382.00 | 108.00 | 260.00 | 332.00 | 347.00 | 305.00 | 487.00 | 490.00 | 347.00 | 449.00 | 288.00 | 273.00 | 382.00 | 299.00 | 451.00 |
| Profit attributable to owners | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | — | 0.00 | 596.00 | 73.00 | — | — | 257.00 | 629.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | — | 0.00 | — | 0.00 | 0.00 | 0.00 | — | — | 0.00 | 0.00 |
| Other comprehensive income | 29.00 | 73.00 | -236.00 | -15.00 | 87.00 | 57.00 | -125.00 | 117.00 | 10.00 | -147.00 | 146.00 | -215.00 | -140.00 | 31.00 | -42.00 | 178.00 |
| Total comprehensive income | 404.00 | 455.00 | -128.00 | 245.00 | 418.00 | 404.00 | 180.00 | 603.00 | 500.00 | 200.00 | 596.00 | 73.00 | 133.00 | 413.00 | 257.00 | 629.00 |
| Earnings per share, basic | 19.39 | 19.77 | 5.61 | 13.44 | 17.17 | 17.97 | 15.80 | 25.18 | 25.35 | 17.95 | 23.25 | 14.91 | 14.13 | 19.77 | 15.49 | 23.32 |
| Earnings per share, diluted | 19.39 | 19.77 | 5.61 | 13.44 | 17.17 | 17.97 | 15.80 | 25.18 | 25.35 | 17.95 | 23.25 | 14.91 | 14.13 | 19.77 | 15.49 | 23.32 |
Annual results, as filed
| Line | 2020-03-31 | 2021-03-31 | 2022-03-31 | 2023-03-31 | 2024-03-31 | 2025-03-31 | 2026-03-31 |
|---|---|---|---|---|---|---|---|
| Revenue from operations | 4,811.00 | 5,783.00 | 8,295.00 | 9,760.00 | 9,369.00 | 10,447.00 | 10,823.00 |
| Other income | 251.00 | 172.00 | 438.00 | 347.00 | 449.00 | 539.00 | 252.00 |
| Total income | 5,062.00 | 5,955.00 | 8,733.00 | 10,106.00 | 9,818.00 | 10,986.00 | 11,075.00 |
| Cost of materials consumed | 2,023.00 | 2,379.00 | 3,958.00 | 4,804.00 | 4,404.00 | 4,985.00 | 5,141.00 |
| Purchases of stock-in-trade | 56.00 | 76.00 | 78.00 | 106.00 | 120.00 | 136.00 | 166.00 |
| Changes in inventories | 59.00 | -144.00 | -258.00 | 5.00 | -33.00 | -61.00 | -80.00 |
| Employee benefit expense | 329.00 | 371.00 | 430.00 | 459.00 | 500.00 | 554.00 | 596.00 |
| Finance costs | 9.00 | 11.00 | 9.00 | 48.00 | 113.00 | 128.00 | 134.00 |
| Depreciation and amortisation | 374.00 | 416.00 | 455.00 | 571.00 | 651.00 | 681.00 | 775.00 |
| Other expenses | 1,073.00 | 1,291.00 | 2,078.00 | 2,678.00 | 2,123.00 | 2,375.00 | 2,699.00 |
| Total expenses | 3,922.00 | 4,400.00 | 6,751.00 | 8,671.00 | 7,877.00 | 8,798.00 | 9,431.00 |
| Profit before exceptional items and tax | 1,140.00 | 1,555.00 | 1,982.00 | 1,435.00 | 1,941.00 | 2,187.00 | 1,644.00 |
| Exceptional items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit before tax | 1,140.00 | 1,555.00 | 1,982.00 | 1,435.00 | 1,941.00 | 2,187.00 | 1,644.00 |
| Current tax | 294.00 | 371.00 | 522.00 | 351.00 | 411.00 | 478.00 | 388.00 |
| Deferred tax | -114.00 | 6.00 | 25.00 | 26.00 | 58.00 | 55.00 | 13.00 |
| Tax expense | 180.00 | 377.00 | 547.00 | 377.00 | 470.00 | 532.00 | 401.00 |
| Profit for the period | 960.00 | 1,178.00 | 1,435.00 | 1,057.00 | 1,471.00 | 1,655.00 | 1,243.00 |
| Profit attributable to owners | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 1,843.00 | 877.00 |
| Profit attributable to non-controlling interests | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other comprehensive income | -92.00 | 46.00 | 58.00 | -124.00 | 135.00 | 188.00 | -366.00 |
| Total comprehensive income | 867.00 | 1,224.00 | 1,494.00 | 933.00 | 1,606.00 | 1,843.00 | 877.00 |
| Earnings per share, basic | 49.64 | 60.91 | 74.25 | 54.70 | 76.12 | 85.61 | 64.30 |
| Earnings per share, diluted | 49.64 | 60.91 | 74.25 | 54.70 | 76.12 | 85.61 | 64.30 |
Balance sheet, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Total assets | 12,370.00 | 12,348.00 | 12,575.00 | 13,685.00 | 14,501.00 | 15,635.00 | 16,505.00 | 17,766.00 |
| Non-current assets | 7,870.00 | 8,420.00 | 8,803.00 | 9,040.00 | 9,161.00 | 10,063.00 | 11,533.00 | 12,612.00 |
| Current assets | 4,500.00 | 3,928.00 | 3,772.00 | 4,644.00 | 5,341.00 | 5,571.00 | 4,972.00 | 5,154.00 |
| Property, plant and equipment | 4,673.00 | 5,307.00 | 5,657.00 | 6,232.00 | 6,334.00 | 6,856.00 | 6,980.00 | 7,327.00 |
| Capital work-in-progress | 1,282.00 | 1,392.00 | 1,318.00 | 944.00 | 866.00 | 986.00 | 1,757.00 | 2,472.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other intangible assets | 1.00 | 6.00 | 6.00 | 21.00 | 3.00 | 24.00 | 25.00 | 27.00 |
| Inventories | 1,754.00 | 1,667.00 | 1,385.00 | 1,332.00 | 1,663.00 | 1,782.00 | 1,744.00 | 1,808.00 |
| Trade receivables | 1,293.00 | 1,115.00 | 976.00 | 1,445.00 | 1,358.00 | 1,495.00 | 1,314.00 | 1,447.00 |
| Cash and cash equivalents | 218.00 | 69.00 | 80.00 | 75.00 | 132.00 | 80.00 | 76.00 | 61.00 |
| Total equity and liabilities | 12,370.00 | 12,348.00 | 12,575.00 | 13,685.00 | 14,501.00 | 15,635.00 | 16,505.00 | 17,766.00 |
| Equity | 7,594.00 | 7,557.00 | 8,225.00 | 8,854.00 | 9,399.00 | 10,388.00 | 10,440.00 | 10,955.00 |
| Equity share capital | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 | 39.00 |
| Other equity | 7,556.00 | 7,518.00 | 8,186.00 | 8,815.00 | 9,360.00 | 10,349.00 | 10,401.00 | 10,917.00 |
| Total liabilities | 4,776.00 | 4,791.00 | 4,350.00 | 4,831.00 | 5,103.00 | 5,247.00 | 6,066.00 | 6,811.00 |
| Non-current liabilities | 1,261.00 | 1,441.00 | 1,291.00 | 1,170.00 | 1,139.00 | 1,020.00 | 1,203.00 | 1,722.00 |
| Current liabilities | 3,515.00 | 3,349.00 | 3,059.00 | 3,660.00 | 3,964.00 | 4,227.00 | 4,863.00 | 5,089.00 |
| Borrowings, non-current | 837.00 | 1,038.00 | 853.00 | 691.00 | 561.00 | 387.00 | 346.00 | 888.00 |
| Borrowings, current | 2,336.00 | 2,304.00 | 2,059.00 | 2,404.00 | 2,557.00 | 2,875.00 | 3,330.00 | 3,218.00 |
| Trade payables | 713.00 | 492.00 | 500.00 | 910.00 | 920.00 | 754.00 | 760.00 | 912.00 |
Cash flow, as filed
| Line | 2022-09-30 | 2023-03-31 | 2023-09-30 | 2024-03-31 | 2024-09-30 | 2025-03-31 | 2025-09-30 | 2026-03-31 |
|---|---|---|---|---|---|---|---|---|
| Net cash from operating activities | 458.00 | 1,448.00 | 1,249.00 | 2,083.00 | 881.00 | 1,764.00 | 1,263.00 | 2,249.00 |
| Net cash from investing activities | -830.00 | -1,783.00 | -693.00 | -1,476.00 | -570.00 | -1,479.00 | -1,296.00 | -2,523.00 |
| Net cash from financing activities | 544.00 | 359.00 | -545.00 | -602.00 | -254.00 | -279.00 | 29.00 | 254.00 |
| Purchase of property, plant and equipment | 905.00 | 1,762.00 | 607.00 | 1,099.00 | 541.00 | 1,483.00 | 1,684.00 | 3,003.00 |
| Net increase in cash | 172.00 | 23.00 | 11.00 | 5.00 | 57.00 | 6.00 | -5.00 | -19.00 |
| con:CFO.BEFORE_TAX | 636.00 | 1,791.00 | 1,412.00 | 2,506.00 | 1,089.00 | 2,247.00 | 1,422.00 | 2,642.00 |
| con:INTEREST_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INTEREST_PAID.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:DIVIDENDS_RECEIVED.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:TAX_PAID.OPERATING | 178.00 | 343.00 | 162.00 | 424.00 | 208.00 | 483.00 | 159.00 | 393.00 |
| con:CF_OTHER.OPERATING | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:INVESTMENTS_PURCHASED | 812.00 | -110.00 | 1,034.00 | 2,619.00 | 1,387.00 | 2,776.00 | 1,138.00 | 2,787.00 |
| con:INVESTMENTS_SOLD | 859.00 | -198.00 | 913.00 | 2,162.00 | 1,268.00 | 2,600.00 | 1,530.00 | 3,150.00 |
| con:PPE_DISPOSALS | 9.00 | 10.00 | 7.00 | 17.00 | 5.00 | 35.00 | 5.00 | 5.00 |
| con:CF_INVESTING.SUBSIDIARIES_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.SUBSIDIARIES_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_SOLD | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| con:CF_INVESTING.JV_ACQUIRED | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Who owns it
The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.
| Holder | 2023-03-31 | 2023-06-30 | 2023-09-30 | 2023-12-31 | 2024-03-31 | 2024-06-30 | 2024-09-30 | 2024-12-31 | 2025-03-31 | 2025-06-30 | 2025-09-30 | 2025-12-31 | 2026-03-31 | 2026-06-30 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Promoter and promoter group | 58.29 | 58.29 | 58.29 | 58.29 | 58.29 | 58.29 | 58.29 | 58.29 | 58.29 | 58.29 | 0.58 | 0.58 | 0.58 | 0.58 |
| Domestic institutions | 20.30 | 21.00 | 21.23 | 21.42 | 22.07 | 22.43 | 23.45 | 23.95 | 23.78 | 24.84 | 0.25 | 0.24 | 0.24 | 0.25 |
| Mutual funds | — | — | — | — | — | — | — | — | — | 18.25 | 0.18 | 0.18 | 0.18 | 0.19 |
| Insurance companies | 7.93 | 7.77 | 7.75 | 6.61 | 6.74 | 7.20 | 6.92 | 7.11 | 6.42 | 5.95 | 0.06 | 0.06 | 0.06 | 0.06 |
| Foreign institutions | 12.43 | 12.41 | 12.54 | 12.69 | 12.24 | 12.61 | 11.72 | 11.28 | 11.46 | 10.50 | 0.11 | 0.11 | 0.11 | 0.10 |
| Government | — | — | — | — | — | — | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Public | 41.71 | 41.71 | 41.71 | 41.71 | 41.71 | 41.71 | 41.71 | 41.71 | 41.71 | 41.71 | 0.42 | 0.42 | 0.42 | 0.42 |
| Non-institutional | 8.98 | 8.30 | 7.94 | 7.60 | 7.38 | 6.66 | 6.53 | 6.47 | 6.46 | 6.36 | 0.06 | 0.06 | 0.06 | 0.07 |
| Shares outstanding | 193317190 | 193317190 | 193317190 | 193317190 | 193317190 | 193317190 | 193317190 | 193317190 | 193317190 | 193317190 | 193317190 | 193317190 | 193317190 | 193317190 |
Related parties
Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.
| Counterparty | Relationship | Type | Amount in the period | Transactions |
|---|---|---|---|---|
| Devkinandan Plastics Pvt Ltd | Enterprise overwhich KMP's are abl | Purchase of goods or services | 120,455,000.00 | 1 |
| Mrs. Pooja Aniruddh Dhoot | Other related party | Any other transaction | 28,678,000.00 | 3 |
| Mr. Arvind M Poddar | Director & KMP | Remuneration | 25,445,000.00 | 2 |
| Mr. Rajiv A Poddar | Director & KMP | Any other transaction, Remuneration | 20,287,000.00 | 3 |
| Mr. Madhusudan Bajaj | KMP | Remuneration | 19,094,000.00 | 2 |
| Mrs. Khushboo Poddar | Other related party | Any other transaction | 10,618,000.00 | 2 |
| Mr. Vipul Shah | Director & KMP | Remuneration | 4,909,000.00 | 2 |
| Clothing Culture Private Limited | Enterprise overwhich KMP's are abl | Any other transaction, Purchase of goods or services | 3,649,000.00 | 2 |
| Mrs. Vijaylaxmi Poddar | Director | Remuneration | 300,000.00 | 1 |
What management said
Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.
| Date | Quarter | Who spoke | |
|---|---|---|---|
| 2026-08-05 | FYFY27 | AND MANAGING DIRECTOR, SGA, INVESTOR RELATIONS ADVISORS | Read the call |
| 2026-05-14 | FYFY26 | BALKRISHNA INDUSTRIES LIMITED, – BALKRISHNA INDUSTRIES LIMITED | Read the call |
| 2026-02-03 | BALKRISHNA INDUSTRIES LIMITED, – BALKRISHNA INDUSTRIES LIMITED | Read the call | |
| 2025-11-05 | H1FY26 | BALKRISHNA INDUSTRIES LIMITED | Read the call |
| 2025-08-01 | Q1FY26 | SGA, INVESTOR RELATIONS ADVISORS | Read the call |
| 2025-05-30 | FYFY25 | OFFICER | Read the call |
| 2025-01-30 | FYFY25 | Read the call | |
| 2024-05-24 | FYFY24 | BALKRISHNA INDUSTRIES LIMITED., FINANCIAL OFFICER- | Read the call |
| 2024-01-29 | Q3FY24 | BALKRISHNA INDUSTRIES LIMITED, LIMITED | Read the call |
| 2023-10-30 | H1FY24 | BALKRISHNA INDUSTRIES LIMITED, LIMITED | Read the call |
| 2023-08-10 | Q1FY24 | BALKRISHNA INDUSTRIES, BALKRISHNA INDUSTRIES LIMITED, CHIEF, INDUSTRIES | Read the call |
| 2023-06-03 | Q4FY23 | BALKRISHNA INDUSTRIES LIMITED | Read the call |
| 2023-02-18 | Q3FY23 | BALKRISHNA INDUSTRIES LIMITED | Read the call |
Some earlier announcements under this heading are covering letters only — no transcript was attached.
What they said about it, quarter by quarter
| Topic | FYFY27 | H1FY24 | H1FY26 | Q1FY24 | Q1FY26 | Q3FY23 | Q3FY24 | Q4FY23 |
|---|---|---|---|---|---|---|---|---|
| Capex | And finally, sir, on the capex side, what is the estimate for this year, sir? | Is it through stores and spares, directed to raw material or through maintenance capex? | Our capex spend for the first half of this year was approximately INR1,737 crores. | As guided in the previous calls, we estimate the capex spend of Rs.550 Crores to Rs.600 Crores in the FY2024. Out of this routine maintenance capex wi… | Sir, lastly, on the capex side, would you have any further color like INR3,500 crores we had highlighted will be the next 3 years. | The capex of the Carbon Black project along with the Power Plant has been completed.With the commissioning of 55,000 metric tons per annum, power achi… | And you have a deep plan for the OTR segment and looking to -- for capacity addition. | The capex for the brownfield capacity addition of 25,000 metric tons per annum at Waluj has been completed. |
| Capital allocation | — | The Board of Directors have declared a second interim dividend of INR4 per share in addition to the first interim dividend of INR4 per share paid in t… | The Board of Directors has declared a second interim dividend of INR4 per equity share in addition to the INR4 shares paid for the previous quarter. | The board of directors has declared a first interim dividend of Rs.4 per share. | — | The Board of Directors has declared a third interim dividend of INR 4 per share. | The Board of Directors have declared a third interim dividend of INR4 per share. | The Board of Directors have declared a final dividend of INR4 per share, subject to shareholders' approval in the AGM. |
| Costs | And raw material basket or commodity inflation for Q1 and Q2, how much would that be? | Secondly, what cost saving are you expecting from this expansion? | November 01, 2025 created inventory of raw materials to comply with EUDR regulations, which will come into effect from 1st Jan '26. | Our realization is lower because of the raw material cost has decreased. | And Europe farmer sentiments seem to be weak on higher input cost impact of EU regulation. | February 13, 2023 The aspect, which impacted our margins negatively and almost negated the benefit of freight costs was raw material costs. | No, we don't see any benefit because the crude price is coming down, so other raw material will go down, but natural rubber is increasing. | And sir, mainly the most of the lower input cost will be passed through --- the benefit will come in Q1 itself? |
| Debt and cash | — | Our gross debt stood at INR2,833 crores at the end of 30th September '23, of which about 75% relates to working capital debt. | Accordingly, we have a net debt of INR456 crores. | Our gross debt stood at Rs.2861 Crores at the end of 30th June 2023 of which about 75% is relating to working capital debt. | — | Our gross debt stood at INR 3,464 crores at the end of 31st December '22, of which about 75% is related to the working capital debt. | Our gross debt stood at INR2,881 crores at the end of 31st December, '23, of which about 65% is related to working capital debt. | May 29, 2023 INR3,254 crores at the end of 31st March '23, of which about 75% relates to working capital debt. |
| Demand | Mumuksh Mandlesha Just firstly, sir, on the Europe demand this quarter was a good growth. | Siddhartha Bera Sir, first question is on the demand side. | Is it also related to the trade uncertainty or why demand is slow there? | Sir my first question is overall on volume, we reported a decline and you alluded that there was an impact on production as well as disruption on the … | So if you can give some sense that out of the total demand in the U.S. market, what percentage would be domestically procured? | However, recession fears can continue to impact demand. | But sir, in general, apart from the Red Sea issues and all, how are you looking at the end- level demand from, say, agri and OTR markets? | Sir, what is the current retail demand trend in the European agriculture market and U.S. OTR market? |
| Guidance | So are you seeing any meaningful change in the competitive intensity and since the overall share of U.S. has gone down to around 11% and 12% in overal… | No, this is the level we expect to maintain. | So all the raw material prices are on softer side, but because of the EUDR, we expect a similar cost for the next quarter. | I mean it is clearing up so that is a good sign for us and that should kick in some demand but overall, challenges continue and we expect it to be sta… | And what kind of benefit further we expect going ahead, sir? | We expect some improvement in Q4 and a meaningful recovery in margins in FY '24. | Or should we expect that also to take some time to get passed on? | We believe that we would be in a better position to discuss our volume guidance in the next few months. |
| Margin | I mean, it can also act as a support to your margin. | The stand-alone EBITDA for the quarter was INR548 crores, with a margin of 24.4%. | The stand-alone EBITDA for the quarter was at INR500 crores with a margin of 21.5%. | The standalone EBITDA for the quarter was at Rs.487 Crores with the margin of 23%. | That's why the EBITDA margin was slightly impacted. | Lower raw materials and freight costs, better hedge rates, better end market situation give us ample hope of margin recovery in financial year '24. | Lastly, sir, on the cost side, you mentioned that there will be some margin pressures. | On the margin front, multiple levers such as favourable raw material costs, better hedge rates, and complete normalization of logistic costs, will aid… |
| People | — | — | — | Okay what is the utilization level of current carbon black plant of 170,000, 1.7 lakh tonnes what is the utilization level? | And second is on your asset utilization. | — | What is the utilization level currently? | And what would be the utilization of this Carbon Black plant in FY '23, sir? |
| Pricing | For Q1, can you indicate the commodity impact and the price hike, which was taken? | Binay Singh And sir, just lastly, on the pricing side, we've seen commodity pressures again inch up, so in that light, do you -- how do you see the ma… | And in the end market, has there been any price hike being taken, sir? | Sir the first one is with regard to the end market so what is the pricing competitive scenario because the slowdown seems to be surprising everybody? | And sir, any sense on how competition has behaved in this environment, sir, in terms of pricing or impact of tariffs? | Or do you think now the normalized level of inventory and the pricing of the inventory will be there in the system? | Lastly, can you talk about the pricing action we may have taken in 3Q and 4Q in the end markets along with Euro, INR rate? | And the last question is in terms of the end market pricing behaviour, because raw material cost has been benign for all the players. |
| Revenue growth | If we look at the plan until 2030 to get INR23,000 crores of top line, what would the total capital expenditure be, just to clarify on that? | And you can see the numbers are contributing towards the growth of that. | For the quarter, our volume stood at 70,252 MT, a de-growth of 4% year-on-year. | Our standalone revenue for the quarter stood at Rs.2115 Crores a degrowth of 22% year-on-year. | — | Our sales volume for the quarter was 66,480 metric tons, a degrowth of 5% year-on-year. | Profit after tax stood for the quarter at INR309 crores, registering a growth of 210%. | Our standalone revenue for the quarter stood at INR2,325 crores, a degrowth of 4% year on year, which includes realized gain of foreign exchange perta… |