Balkrishna Industries Limited

Manufacturer of OHTs for agricultural, industrial, construction, and earth-moving vehicles, with global reach.

1961 | Aurangabad, Maharashtra (India) | Active
Last Updated:

Balkrishna Industries Profile

Key Indicators

  • Authorised Capital ₹ 91.00 Cr
  • Paid Up Capital ₹ 38.66 Cr
  • Company Age 63 Year, 5 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 488.52 Cr
  • Satisfied Charges ₹ 3,833.64 Cr
  • Revenue Growth 16.68%
  • Profit Growth -23.53%
  • Ebitda -13.15%
  • Net Worth 9.60%
  • Total Assets 13.04%

About Balkrishna Industries

Balkrishna Industries Limited (BIL) was founded in India on 20 November 1961 and has a glorious history of 63 years and five months. Its registered office is in Aurangabad, Maharashtra, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 502355 and on the National Stock Exchange(NSE) under BALKRISIND.

The Corporate was formerly known as Balkrishna Paper Mills Limited. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 91.00 Cr and a paid-up capital of Rs 38.66 Cr.

The company currently has active open charges totaling ₹488.52 Cr. The company has closed loans amounting to ₹3,833.64 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Balkrishna Industries Limited India are Madhu Bajaj as CFO and Vipul Shah as Company Secretary. Shruti Shah, Rahul Dutt, Vipul Shah, and Five other members serve as directors at the Company.

Company Details

  • Location

    Aurangabad, Maharashtra, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address

  • Website

  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L99999MH1961PLC012185

  • Company No.

    012185

  • Stock Symbol

    BSE : 502355 NSE : BALKRISIND

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    20 Nov 1961

  • Date of AGM

    19 Jul 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Mumbai

Industry

Automotive

What products or services does Balkrishna Industries Limited offer?

Balkrishna Industries Limited offers a wide range of products and services, including Tyre, Tube & Flaps, Off Road Tyres, Commercial Vehicles & Three Wheelers, Trucks, Commercial Vehicle Tyres, Truck Tyres, Trailer Tyre, Loader Tyre, Heavy Duty Truck Tyre, Tractor Tyres.

Company report

Balkrishna Industries Limited

Explore comprehensive data for Balkrishna Industries Limited, including financials, compliance details, shareholding patterns, and litigation history.

Who are the key members and board of directors at Balkrishna Industries?

Executive Team (3)

NameDesignationAppointment DateStatus
Madhu Bajaj CFO24-Sep-2020Current
Vipul Shah Country flag representing In Company Secretary01-Jun-1995Current
Arvind Poddar Country flag representing In Managing Director31-Jan-2004Current

Board Members (7)

NameDesignationAppointment DateStatus
Rajiv Poddar Country flag representing In Whole-Time Director 22-Jan-2009Current
Pannkaj Ghadiali Country flag representing In Director 08-Nov-2017Current
Laxmidas Merchant Country flag representing In Director 22-Apr-2024Current
Shruti Shah Country flag representing In Director 08-Feb-2019Current
Rahul Dutt Country flag representing In Director 09-Apr-2024Current
Vipul Shah Country flag representing In Company Secretary and Whole-Time Director 11-Feb-2012Current

Financial Performance of Balkrishna Industries.

Balkrishna Industries Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 16.68% increase. The company also saw a substantial fall in profitability, with a 23.53% decrease in profit. The company's net worth moved up by a moderate rise of 9.6%.

Balkrishna Industries revenue growth over time
Balkrishna Industries profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023)YOY Growth
(FY 2022)(FY 2021)(FY 2020)(FY 2019)
Total Revenue
16.68%
Revenue from Operations
18.68%
Total Assets
13.04%
Profit or Loss
-23.53%
Net Worth
9.60%
EBITDA
-13.15%

What is the Ownership and Shareholding Structure of Balkrishna Industries?

In 2023, Balkrishna Industries had a promoter holding of 58.30% and a public holding of 41.72%. The company had 1 Subsidiary. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹488.52 Cr

Satisfied Charges

₹3,833.64 Cr

Charges Breakdown by Lending Institutions

  • Others : 488.52 Cr

Latest Charge Details

DateLenderAmountStatus
20 Oct 2022Others₹488.52 CrOpen
20 Nov 2021State Bank Of India₹200.00 CrSatisfied
23 Sep 2016Others₹721.18 CrSatisfied
01 Apr 2015Axis Trustee Services Limited₹594.75 CrSatisfied
21 Jan 2015Standard Chartered Bank₹25.00 CrSatisfied

How Many Employees Work at Balkrishna Industries?

Balkrishna Industries has a workforce of 3711 employees as of Apr 10, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Employee growth trends for Balkrishna Industries Limited

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Balkrishna Industries, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Balkrishna Industries's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Balkrishna Industries

Recent activity within the organization

  • Annual General Meeting

    Balkrishna Industries Limited last Annual general meeting of members was held on 19 Jul 2024 as per latest MCA records.

  • Director Appointment

    Laxmidas Vallabhdas Merchant was appointed as a Director was appointed as a Director on 22 Apr 2024 & has been associated with this company since 1 year 19 days .

  • Director Appointment

    Rahul Yogendra Dutt was appointed as a Director was appointed as a Director on 09 Apr 2024 & has been associated with this company since 1 year 1 month .

  • Balance Sheet

    Balkrishna Industries Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Mumbai.

  • Charges

    A charge registered on 20 Nov 2021 via Charge ID 100506040 with State Bank Of India was fully satisfied on 08 Mar 2023.

  • Charges

    A charge with Others amounted to Rs. 488.52 Cr with Charge ID 100621787 was registered on 20 Oct 2022.

Recent News, Updates & Announcement

Frequently asked questions

  • What is the Incorporation or founding date of Balkrishna Industries Limited?

    Balkrishna Industries Limited was incorporated on 20 Nov 1961.

  • What is authorized share capital and paid-up capital of Balkrishna Industries Limited?

    The authorized share capital of Balkrishna Industries Limited is ₹ 91.00 Cr and paid-up capital is ₹ 38.66 Cr.

  • Who are the current board members & directors of Balkrishna Industries Limited?

    Currently 10 directors are associated with Balkrishna Industries Limited.

    • Shruti Anup Shah
    • Madhu Sudan Bajaj
    • Vipul Ramanlal Shah
    • Rahul Yogendra Dutt
    • Vipul Shah
    • Rajiv Poddar
    • Vijayalaxmi Poddar
    • Arvind Poddar
    • Laxmidas Vallabhdas Merchant
    • Pannkaj Chimanlal Ghadiali

  • What is the registered address of Balkrishna Industries Limited?

    As per Ministry of Corporate Affairs (Mca), the registered address of Balkrishna Industries Limited is B-66 Midc, Industrial Area India, Waluj, Maharashtra, 431136.

  • What is the corporate identification number (CIN) and company number of Balkrishna Industries Limited?

    The corporate identification number (CIN) of Balkrishna Industries Limited is L99999MH1961PLC012185 and the company number is 012185 as per Ministry of Corporate Affairs (MCA).

  • Is Balkrishna Industries Limited registered with any stock exchange in India?

    Yes, Balkrishna Industries Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): BALKRISIND.

  • What is the official website of Balkrishna Industries Limited?

    The Official website of Balkrishna Industries Limited is https://www.bkt-tires.com

  • What has been the recent revenue trend for Balkrishna Industries Limited?

    According to the financial reports for the fiscal year 2023, the revenue trend for Balkrishna Industries Limited has risen by 16.68%.

  • How many employees does Balkrishna Industries Limited currently have?

    As Per 2023 financial reports, 3711 employees are currently employed by Balkrishna Industries Limited.

  • What change has been observed in the net worth of Balkrishna Industries Limited, and by what percentage?

    The financial reports for the fiscal year 2023 indicates that The net worth of Balkrishna Industries Limited has experienced an upsurge of 9.60%.

  • What are the total open charges for Balkrishna Industries Limited?

    As per the financial statements for fiscal Year 2023, The total open charges for Balkrishna Industries Limited amount to ₹ 488.52 Cr.

  • When was the last Balance Sheet of Balkrishna Industries Limited filed with the ROC?

    The most recent Balance Sheet for Balkrishna Industries Limited was filed with the ROC on 31 Mar 2024.

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