Integrated Filing — IndAS

General information about company
Scrip Code	502355
NSE Symbol	BALKRISIND
MSEI Symbol	NOTLISTED
ISIN	INE787D01026
Name of company	BALKRISHNA INDUSTRIES LIMITED
Type of company	Main Board
Class of security	Equity
Date of start of financial year	01-Apr-2024
Date of end of financial year	31-Mar-2025
Date of board meeting when results were approved	23-May-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange	16-May-2025
Description of presentation currency	INR (in Actuals)
Reporting Type	Half Yearly
Reporting Quarter	Yearly
Nature of report standalone or consolidated	Consolidated
Whether results are audited or unaudited for the quarter ended	Audited
Whether results are audited or unaudited for the Year to date for current period ended/year ended	Audited
Segment Reporting	Single segment
Description of single segment	Manufacturing of Pneumatic Tyres
Start date and time of board meeting	23-May-2025   16:30:00
End date and time of board meeting	23-May-2025   17:41:00
Whether cash flow statement is applicable on company	Yes
Type of cash flow statement	Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification	Declaration of unmodified opinion

Financial Results Ind-AS
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Oct-2024	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
Part I	Blue color marked fields are non-mandatory. For Consolidated Results, if the company has no figures for 3 months / 6 months ended, in such case zero shall be inserted in the said column.
1	Income
	Revenue from operations	27523800000	104469500000
	Other income	993700000	5387900000
	Total income	28517500000	109857400000
2	Expenses
(a)	Cost of materials consumed	13167800000	49854300000
(b)	Purchases of stock-in-trade	356400000	1356300000
(c)	Changes in inventories of finished goods, work-in-progress and stock-in-trade	261900000	-606000000
(d)	Employee benefit expense	1496900000	5543600000
(e)	Finance costs	495000000	1283400000
(f)	Depreciation, depletion and amortisation expense	1782300000	6806600000
(f)	Other Expenses
1	Freight and forwarding expenses	1604500000	6830900000
2	Other expenses	4501200000	16914400000
	Total other expenses	6105700000	23745300000
	Total expenses	23666000000	87983500000
3	Total profit before exceptional items and tax	4851500000	21873900000
4	Exceptional items	0	0
5	Total profit before tax	4851500000	21873900000
6	Tax expense
7	Current tax	919700000	4776200000
8	Deferred tax	246300000	548100000
9	Total tax expenses	1166000000	5324300000
10	Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement	0	0
11	Net Profit Loss for the period from continuing operations	3685500000	16549600000
12	Profit (loss) from discontinued operations before tax	0	0
13	Tax expense of discontinued operations	0	0
14	Net profit (loss) from discontinued operation after tax	0	0
15	Share of profit (loss) of associates and joint ventures accounted for using equity method	0	0
16	Total profit (loss) for period	3685500000	16549600000
17	Other comprehensive income net of taxes	1792400000	1881300000
18	Total Comprehensive Income for the period	5477900000	18430900000
19	Total profit or loss, attributable to
	Profit or loss, attributable to owners of parent	5477900000	18430900000
	Total profit or loss, attributable to non-controlling interests	0	0
20	Total Comprehensive income for the period attributable to
	Comprehensive income for the period attributable to owners of parent
	Total comprehensive income for the period attributable to owners of parent non-controlling interests
21	Details of equity share capital
	Paid-up equity share capital	386600000	386600000
	Face value of equity share capital	2	2
27	Details of debt securities
22	Reserves excluding revaluation reserve		103489400000
23	Earnings per share
i	Earnings per equity share for continuing operations
	Basic earnings (loss) per share from continuing operations	19.06	85.61
	Diluted earnings (loss) per share from continuing operations	19.06	85.61
ii	Earnings per equity share for discontinued operations
	Basic earnings (loss) per share from discontinued operations	0	0
	Diluted earnings (loss) per share from discontinued operations	0	0
ii	Earnings per equity share
	Basic earnings (loss) per share from continuing and discontinued operations	19.06	85.61
	Diluted earnings (loss) per share from continuing and discontinued operations	19.06	85.61
24	Debt equity ratio	0.0031	0.0031
25	Debt service coverage ratio	1.1408	0.06
26	Interest service coverage ratio	1.1408	1.2409
27	Disclosure of notes on financial results		1.tThe above audited results, as reviewed by the Audit Committee, have been approved by the Board of Directors at its meeting held on 23rd May, 2025. n2. The Company has only one reportable business segment as per Ind AS-108, i.e Tires. n3.tThe new Off-Road Tires project of 35,000 MTPA at Bhuj is in progress and is likely to be completed by end of FY2025-2026. n4.tThe Board of Directors has approved Capital Expenditure of approximately Rs.3,500 Crores over three years for setting up additional production facilities at Bhuj for Carbon Black, Power Plant, Commercial Vehicle Tires, Rubber Tracks and Passenger Car Radial Tires. n5. The Board of Directors have declared a final dividend of Rs.4/- (200%) per equity share of Rs.2/- each. The cash outgo on account of final dividend will be Rs.77.32 Crores. n6.t.The Hon’ble National Company Law Tribunal, Mumbai bench (‘NCLT’) has sanctioned the Scheme of Amalgamation of BKT Tyres Limited with Balkrishna Industries Limited (‘Scheme’) on 25th March, 2025, the appointed date of the scheme being 1st April, 2024. n7.The figures of the quarter ended 31st March,2025 and 31st March,2024 are the balancing figures between the audited figures of the full financial year and published year to date figures upto the third quarter of the respective financial year. n8. Previous period's/year's figures have been regrouped/reclassified wherever necessary.

Remarks
Debt equity ratio
Debt service coverage ratio	Debt Service Coverage Ratio is 114.08 and 6.00
Interest service coverage ratio	Interest Service Coverage Ratio is 114.08 and 124.09

Statement of Asset and Liabilities
Particulars		Year ended (dd-mm-yyyy)
Date of start of reporting period		01-Apr-2024
Date of end of reporting period		31-Mar-2025
Whether results are audited or unaudited		Audited
Nature of report standalone or consolidated		Consolidated
	Assets
1	Non-current assets
	Property, plant and equipment	68561500000
	Capital work-in-progress	9859500000
	Investment property	612400000
	Goodwill	0
	Other intangible assets	236500000
	Intangible assets under development
	Biological assets other than bearer plants
	Investments accounted for using equity method
	Non-current financial assets
	Non-current investments	15615700000
	Trade receivables, non-current
	Loans, non-current	0
	Other non-current financial assets	5747000000
	Total non-current financial assets	21362700000
	Deferred tax assets (net)
	Other non-current assets
	Total non-current assets	100632600000
2	Current assets
	Inventories	17819300000
	Current financial asset
	Current investments	17027800000
	Trade receivables, current	14945400000
	Cash and cash equivalents	802400000
	Bank balance other than cash and cash equivalents	60100000
	Loans, current	97000000
	Other current financial assets	909000000
	Total current financial assets	33841700000
	Current tax assets (net)
	Other current assets	4053000000
	Total current assets	55714000000
3	Non-current assets classified as held for sale	0
4	Regulatory deferral account debit balances and related deferred tax Assets	0
	Total assets	156346600000
	Equity and liabilities
1	Equity
	Equity attributable to owners of parent
	Equity share capital	386600000
	Other equity	103489400000
	Total equity attributable to owners of parent	103876000000
	Non controlling interest	0
	Total equity	103876000000
2	Liabilities
	Non-current liabilities
	Non-current financial liabilities
	Borrowings, non-current	3873000000
	Trade payables, non-current
	(A) Total outstanding dues of micro enterprises and small enterprises
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
	Total Trade payable
	Other non-current financial liabilities	255100000
	Total non-current financial liabilities	4128100000
	Provisions, non-current	483600000
	Deferred tax liabilities (net)	4563000000
	Deferred government grants, Non-current
	Other non-current liabilities	1029400000
	Total non-current liabilities	10204100000
	Current liabilities
	Current financial liabilities
	Borrowings, current	28752500000
	Trade payables, current
	(A) Total outstanding dues of micro enterprises and small enterprises	293400000
	(B) Total outstanding dues of creditors other than micro enterprises and small enterprises	7245900000
	Total Trade payable	7539300000
	Other current financial liabilities	3023300000
	Total current financial liabilities	39315100000
	Other current liabilities	2900700000
	Provisions, current	50700000
	Current tax liabilities (Net)
	Deferred government grants, Current
	Total current liabilities	42266500000
3	Liabilities directly associated with assets in disposal group classified as held for sale
4	Regulatory deferral account credit balances and related deferred tax liability
	Total liabilities	52470600000
	Total equity and liabilites	156346600000
	Disclosure of notes on assets and liabilities

Format for Reporting Segmenet wise Revenue, Results and Capital Employed along with the company results
Particulars		3 months/ 6 month ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period		01-Oct-2024	01-Apr-2024
Date of end of reporting period		31-Mar-2025	31-Mar-2025
Whether accounts are audited or unaudited		Audited	Audited
Nature of report standalone or consolidated		Consolidated	Consolidated
1	Segment Revenue (Income)
	(net sale/income from each segment should be disclosed)
	Total Segment Revenue
	Less: Inter segment revenue
	Revenue from operations
2	Segment Result
	Profit (+) / Loss (-) before tax and interest from each segment
	Total Profit before tax
	i. Finance cost
	ii. Other Unallocable Expenditure net off Unallocable income
	Profit before tax
3	(Segment Asset - Segment Liabilities)
	Segment Asset
	Total Segment Asset
	Un-allocable Assets	null	null
	Net Segment Asset	null	null
4	Segment Liabilities
	Segment Liabilities
	Total Segment Liabilities
	Un-allocable Liabilities	null	null
	Net Segment Liabilities	null	null
	Disclosure of notes on segments

Other Comprehensive Income
Particulars		3 months/ 6 months ended (dd-mm-yyyy)	Year to date figures for current period ended (dd-mm-yyyy)
A	Date of start of reporting period	01-Oct-2024	01-Apr-2024
B	Date of end of reporting period	31-Mar-2025	31-Mar-2025
C	Whether results are audited or unaudited	Audited	Audited
D	Nature of report standalone or consolidated	Consolidated	Consolidated
	Other comprehensive income [Abstract]
1	Amount of items that will not be reclassified to profit and loss
1	Items that will not be reclassified to profit or loss	2931600000	2929700000
	Total Amount of items that will not be reclassified to profit and loss	2931600000	2929700000
2	Income tax relating to items that will not be reclassified to profit or loss	620100000	619600000
3	Amount of items that will be reclassified to profit and loss
1	Items that will be reclassified to profit or loss	-675500000	-523400000
	Total Amount of items that will be reclassified to profit and loss	-675500000	-523400000
4	Income tax relating to items that will be reclassified to profit or loss	-156400000	-94600000
5	Total Other comprehensive income	1792400000	1881300000

Cash flow statement, indirect
Particulars				Year ended (dd-mm-yyyy)
A	Date of start of reporting period			2024-04-01
B	Date of end of reporting period			2025-03-31
C	Whether results are audited or unaudited			Audited
D	Nature of report standalone or consolidated			Consolidated
Part I	Blue color marked fields are non-mandatory.
	Statement of cash flows
	Cash flows from used in operating activities
	Profit before tax			21873900000
	Adjustments for reconcile profit (loss)
	Adjustments for finance costs			1283400000
	Adjustments for decrease (increase) in inventories			-4504000000
	Adjustments for decrease (increase) in trade receivables, current			1047200000
	Adjustments for decrease (increase) in trade receivables, non-current			0
	Adjustments for decrease (increase) in other current assets			0
	Adjustments for decrease (increase) in other non-current assets			0
	Adjustments for other financial assets, non-current			-6300000
	Adjustments for other financial assets, current			0
	Adjustments for other bank balances			0
	Adjustments for increase (decrease) in trade payables, current			-973400000
	Adjustments for increase (decrease) in trade payables, non-current			0
	Adjustments for increase (decrease) in other current liabilities			0
	Adjustments for increase (decrease) in other non-current liabilities			0
	Adjustments for depreciation and amortisation expense			6806600000
	Adjustments for impairment loss reversal of impairment loss recognised in profit or loss			0
	Adjustments for provisions, current			0
	Adjustments for provisions, non-current			0
	Adjustments for other financial liabilities, current			0
	Adjustments for other financial liabilities, non-current			0
	Adjustments for unrealised foreign exchange losses gains			-214600000
	Adjustments for dividend income			0
	Adjustments for interest income			1571800000
	Adjustments for share-based payments			0
	Adjustments for fair value losses (gains)			-894100000
	Adjustments for undistributed profits of associates			0
	Other adjustments for which cash effects are investing or financing cash flow			0
	Other adjustments to reconcile profit (loss)			0
	Other adjustments for non-cash items			-372700000
	Share of profit and loss from partnership firm or association of persons or limited liability partnerships			0
	Total adjustments for reconcile profit (loss)			600300000
	Net cash flows from (used in) operations			22474200000
	Dividends received			0
	Interest paid			0
	Interest received			0
	Income taxes paid (refund)			4832800000
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) operating activities			17641400000
	Cash flows from used in investing activities
	Cash flows from losing control of subsidiaries or other businesses			0
	Cash flows used in obtaining control of subsidiaries or other businesses			0
	Other cash receipts from sales of equity or debt instruments of other entities			26000000000
	Other cash payments to acquire equity or debt instruments of other entities			27760300000
	Other cash receipts from sales of interests in joint ventures			0
	Other cash payments to acquire interests in joint ventures			0
	Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships			0
	Cash payment for investment in partnership firm or association of persons or limited liability partnerships			0
	Proceeds from sales of property, plant and equipment			345900000
	Purchase of property, plant and equipment			14830000000
	Proceeds from sales of investment property			0
	Purchase of investment property			0
	Proceeds from sales of intangible assets			0
	Purchase of intangible assets			0
	Proceeds from sales of intangible assets under development			0
	Purchase of intangible assets under development			0
	Proceeds from sales of goodwill			0
	Purchase of goodwill			0
	Proceeds from biological assets other than bearer plants			0
	Purchase of biological assets other than bearer plants			0
	Proceeds from government grants			0
	Proceeds from sales of other long-term assets			0
	Purchase of other long-term assets			0
	Cash advances and loans made to other parties			0
	Cash receipts from repayment of advances and loans made to other parties			0
	Cash payments for future contracts, forward contracts, option contracts and swap contracts			0
	Cash receipts from future contracts, forward contracts, option contracts and swap contracts			0
	Dividends received			785100000
	Interest received			663400000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			2000000
	Net cash flows from (used in) investing activities	-14793900000
	Cash flows from used in financing activities
	Proceeds from changes in ownership interests in subsidiaries			0
	Payments from changes in ownership interests in subsidiaries			0
	Proceeds from issuing shares			0
	Proceeds from issuing other equity instruments			0
	Payments to acquire or redeem entity's shares			0
	Payments of other equity instruments			0
	Proceeds from exercise of stock options			0
	Proceeds from issuing debentures notes bonds etc			0
	Proceeds from borrowings			37903500000
	Repayments of borrowings			36470600000
	Payments of lease liabilities			1000000
	Dividends paid			3095100000
	Interest paid			1126900000
	Income taxes paid (refund)			0
	Other inflows (outflows) of cash			0
	Net cash flows from (used in) financing activities			-2790100000
	Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes			57400000
	Effect of exchange rate changes on cash and cash equivalents
	Effect of exchange rate changes on cash and cash equivalents			-1200000
	Net increase (decrease) in cash and cash equivalents			56200000
	Cash and cash equivalents cash flow statement at beginning of period			746200000
	Cash and cash equivalents cash flow statement at end of period			802400000