Balkrishna Industries Stock Forecast

Stock Price Forecast

According to 18 analysts polled by S&P Global, Balkrishna Industries stock has a consensus rating of "Hold" and an average price target of ₹2,310. The average 1-year stock price forecast is 10.59% higher than the current stock price, while the lowest is ₹1,830 (-12.40%) and the highest is ₹2,761 (+32.17%).

Price Target: ₹2,310 (+10.59%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	₹1,830	₹2,310	₹2,317	₹2,761
Change	-12.40%	+10.59%	+10.91%	+32.17%

* Price targets were last updated on Jan 29, 2026.

Analyst Ratings

The average analyst rating for Balkrishna Industries stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	1	1	1	2	4	5
Buy	2	2	2	2	1	1
Hold	8	8	8	6	5	5
Sell	2	2	2	2	2	2
Strong Sell	5	5	5	5	5	5
Total	18	18	18	17	17	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Shashank Kanodia ICICI Securities	ICICI Securities	Hold Maintains ₹2,400 → ₹2,500	Hold	Maintains	₹2,400 → ₹2,500	+19.67%	Jan 29, 2026

Financial Forecast

Revenue This Year

127.64B

from 108.23B

17.94%

from 108.23B

Revenue Next Year

150.19B

from 127.64B

17.66%

from 127.64B

EPS This Year

76.67

from 63.20

21.31%

from 63.20

EPS Next Year

97.88

from 76.67

27.67%

from 76.67

Fiscal Year	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	82.95B	97.60B	93.69B	104.47B	108.23B	127.64B
Revenue Growth	43.44%	17.65%	-4.00%	11.51%	3.60%	17.94%
Gross Profit	44.51B	47.68B	47.73B	52.80B	55.96B	62.76B
Gross Margin	53.66%	48.86%	50.94%	50.55%	51.70%	49.17%
Operating Income	15.54B	11.42B	16.05B	17.78B	15.25B	19.14B
Net Income	14.35B	10.57B	14.71B	16.55B	12.43B	14.82B
EPS	-	-	-	-	63.20	76.67
EPS Growth	-	-	-	-	-24.97%	21.31%
Forward PE	-	-	-	-	-	27.25
Dividend / Share	16.00	16.00	16.00	16.00	16.00	14.94
Dividend Growth	-	-	-	-	-	-6.61%
Free Cash Flow	-10.00B	-5.89B	5.61B	-2.43B	-8.13B	1.27B
No. Analysts	-	-	-	-	-	7

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue	2027	2028	2029
High	132.0B
Avg	127.6B
Low	123.4B

Revenue Growth

Revenue Growth	2027	2028	2029
High	22.0%
Avg	17.9%
Low	14.0%

EPS Forecast

EPS	2027	2028	2029
High	88.00
Avg	76.67
Low	67.50

EPS Growth

EPS Growth	2027	2028	2029
High	39.2%
Avg	21.3%
Low	6.8%