Balkrishna Industries Income Statement

Financials in millions INR. Fiscal year is April - March.

Millions INR. Fiscal year is Apr - Mar.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Mar '25 Mar 31, 2025	Mar '24 Mar 31, 2024	Mar '23 Mar 31, 2023	Mar '22 Mar 31, 2022	Mar '21 Mar 31, 2021
Revenue	106,426	104,470	93,689	97,595	82,951	57,832
Revenue Growth (YoY)	2.56%	11.51%	-4.00%	17.65%	43.44%	20.20%
Cost of Revenue	53,032	51,665	45,959	49,915	38,437	23,839
Gross Profit	53,395	52,805	47,730	47,681	44,514	33,993
Selling, General & Admin	10,405	10,072	8,940	8,618	6,784	6,328
Other Operating Expenses	20,235	18,141	16,229	21,935	17,640	9,550
Operating Expenses	38,183	35,020	31,676	36,261	28,978	20,041
Operating Income	15,212	17,785	16,054	11,420	15,536	13,952
Interest Expense	-1,446	-1,261	-1,108	-458.7	-84.5	-106.2
Interest & Investment Income	1,426	1,426	646.1	524.6	552.4	435.7
Currency Exchange Gain (Loss)	2,674	2,674	1,723	2,242	2,458	421
Other Non Operating Income (Expenses)	-1,709	127.7	85.7	132	174.2	193
EBT Excluding Unusual Items	16,156	20,751	17,401	13,860	18,636	14,895
Gain (Loss) on Sale of Investments	1,041	1,041	1,915	517.1	1,174	660.5
Gain (Loss) on Sale of Assets	96.4	96.4	95.4	17.9	11.5	-6.6
Asset Writedown	-13.8	-13.8	-1.7	-47	-0.2	-0.1
Pretax Income	17,279	21,874	19,410	14,348	19,822	15,549
Income Tax Expense	4,157	5,324	4,695	3,774	5,468	3,774
Net Income	13,122	16,550	14,715	10,574	14,354	11,775
Net Income to Common	13,122	16,550	14,715	10,574	14,354	11,775
Net Income Growth	-26.00%	12.47%	39.16%	-26.33%	21.90%	22.70%
Shares Outstanding (Basic)	193	193	193	193	193	193
Shares Outstanding (Diluted)	193	193	193	193	193	193
EPS (Basic)	67.88	85.61	76.12	54.70	74.25	60.91
EPS (Diluted)	67.88	85.61	76.12	54.70	74.25	60.91
EPS Growth	-25.99%	12.47%	39.16%	-26.33%	21.90%	22.70%
Free Cash Flow	-	2,811	9,834	-3,145	-6,873	4,128
Free Cash Flow Per Share	-	14.54	50.87	-16.27	-35.55	21.35
Dividend Per Share	16.000	16.000	16.000	16.000	16.000	17.000
Dividend Growth	-	-	-	-	-5.88%	-15.00%
Gross Margin	50.17%	50.55%	50.94%	48.86%	53.66%	58.78%
Operating Margin	14.29%	17.02%	17.14%	11.70%	18.73%	24.13%
Profit Margin	12.33%	15.84%	15.71%	10.84%	17.30%	20.36%
Free Cash Flow Margin	-	2.69%	10.50%	-3.22%	-8.29%	7.14%
EBITDA	22,223	24,576	22,552	17,122	20,083	18,100
EBITDA Margin	20.88%	23.52%	24.07%	17.54%	24.21%	31.30%
D&A For EBITDA	7,011	6,791	6,498	5,702	4,547	4,148
EBIT	15,212	17,785	16,054	11,420	15,536	13,952
EBIT Margin	14.29%	17.02%	17.14%	11.70%	18.73%	24.13%
Effective Tax Rate	24.06%	24.34%	24.19%	26.30%	27.58%	24.27%
Revenue as Reported	109,978	109,857	98,181	101,061	87,330	59,554

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.