Balkrishna Industries Limited has announced its audited financial results for the quarter and financial year ended March 31, 2026. The company has recommended a final dividend of Rs. 4 per equity share (200% of face value), subject to shareholder approval. Additionally, the Board has approved the appointment of M/s. Deloitte Haskins & Sells LLP as Joint Statutory Auditor and confirmed the re-appointment of Mr. Vipul Shah as Whole Time Director.
Strong Financial Performance
For the financial year ended March 31, 2026, Balkrishna Industries reported a consolidated revenue from operations of Rs. 10,823.08 crore, compared to Rs. 10,446.95 crore in the previous fiscal year. The consolidated profit for the period stood at Rs. 1,243.10 crore. In the final quarter (Q4) ending March 31, 2026, the company achieved a consolidated revenue of Rs. 2,932.82 crore with a profit of Rs. 299.46 crore.
Dividend and Strategic Appointments
The Board of Directors has recommended a final dividend of Rs. 4 per equity share (face value of Rs. 2), translating to a 200% payout for the year ended March 31, 2026. This recommendation awaits approval from shareholders at the upcoming 64th Annual General Meeting.
In leadership developments, Mr. Vipul Shah has been re-appointed as the Whole Time Director and Company Secretary for a five-year term, effective from February 11, 2027. Furthermore, the company has appointed M/s. Deloitte Haskins & Sells LLP as a Joint Statutory Auditor for a period of five consecutive years, starting from the conclusion of the 64th AGM until the 69th AGM.
Operational Outlook
The company maintains a positive outlook on its expansion plans. Carbon black capacity is expected to be completed by Q1 of FY27. To bolster its market position, the Board has approved an additional capital expenditure (capex) of Rs. 2,000 crore, aimed at supporting capacity expansion and infrastructure development across both Off-Road and On-Road tyre categories, along with integrating AI-enabled automation and sustainability initiatives.
Source: BSE
