Balkrishna Industries Limited (BKT) has released its audited financial results for the quarter and financial year ended March 31, 2026. The company reported consolidated revenue of ₹10,823.08 crore for the year. Demonstrating commitment to shareholder value, the Board has recommended a final dividend of ₹4 per equity share (200%). Additionally, the company announced the appointment of Deloitte Haskins & Sells LLP as a joint statutory auditor and the re-appointment of Mr. Vipul Shah.
Financial Performance Overview
For the financial year ended March 31, 2026, Balkrishna Industries recorded a consolidated revenue from operations of ₹10,823.08 crore. The consolidated profit after tax for the same period stood at ₹1,243.10 crore. On a quarterly basis, the performance for the final quarter (Q4: Jan-Mar 2026) showed a consolidated revenue of ₹2,932.82 crore and a profit after tax of ₹299.46 crore.
Dividend Recommendation
In a move to reward shareholders, the Board of Directors has recommended a final dividend of ₹4 per equity share, representing a 200% payout on the face value of ₹2 per share. This recommendation is subject to the approval of shareholders at the company’s upcoming 64th Annual General Meeting.
Strategic Appointments and Capacity Expansion
The company announced key leadership and audit updates. Mr. Vipul Shah has been re-appointed as the Whole Time Director and Company Secretary for a 5-year term beginning February 11, 2027. Furthermore, Deloitte Haskins & Sells LLP has been approved as a joint statutory auditor for a 5-year tenure.
To fuel growth, the Board has approved an additional capital expenditure of ₹2,000 crore. This investment is aimed at supporting capacity expansion and infrastructure development across both Off-Road and On-Road tyre categories, as well as advancing AI-enabled automation and ongoing sustainability initiatives.
Operational Highlights
The company continues to focus on a single reportable business segment: Tyres. The construction of the Carbon black capacity is on track for completion in Q1 of FY27, while passenger car radial and off-highway tyre facilities are currently operating according to the planned schedule.
Source: BSE