BALKRISIND2024-01-012024-03-31 BALKRISIND2024-01-012024-03-31 BALKRISIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses01Member BALKRISIND2024-01-012024-03-31in-bse-fin:OneOperatingExpenses02Member BALKRISIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses01Member BALKRISIND2024-01-012024-03-31in-bse-fin:FourOperatingExpenses02Member BALKRISIND2024-03-31 BALKRISIND2024-01-012024-03-31in-bse-fin:OneItemsThatWillNotBeReclassifiedToProfitAndLoss01Member BALKRISIND2024-01-012024-03-31in-bse-fin:FourItemsThatWillNotBeReclassifiedToProfitAndLoss01Member BALKRISIND2024-01-012024-03-31in-bse-fin:OneItemsThatWillBeReclassifiedToProfitAndLoss01Member BALKRISIND2024-01-012024-03-31in-bse-fin:FourItemsThatWillBeReclassifiedToProfitAndLoss01Member iso4217:INRxbrli:purexbrli:sharesiso4217:INRxbrli:shares 502355 BALKRISIND NOTLISTED Balkrishna Industries Limited Equity 2023-04-01 2024-03-31 2024-05-17 2024-05-10 INR Lakhs Yearly 16:15:00 17:30:00 2024-05-17 2024-05-17 true Cash Flow Indirect Declaration of unmodified opinion Single segment Manufacturing of Pneumatic Tyres 2024-01-01 2024-03-31 Audited Consolidated 26819200000.00 1707400000.00 28526600000.00 12194400000.00 336300000.00 24000000.00 1303800000.00 308700000.00 1741500000.00 6149500000.00 22058200000.00 6468400000.00 0.00 6468400000.00 1288700000.00 312200000.00 1600900000.00 0.00 4867500000.00 0.00 0.00 0.00 0.00 4867500000.00 1167300000.00 6034800000.00 0.00 0.00 6034800000.00 0.00 386600000.00 2 25.18 25.18 0.00 0.00 25.18 25.18 0.00 0.09 0.09 Clarification on Ratios: 1. Debt Service Coverage Ratio and Interest Service Coverage Ratio: As per the published result uploaded on BSE website it is 180.02 for quarter ended 31st March, 2024 and is 167.80 for year ended 31st March, 2024 However in XBRL filing it is accepting single digit 9. 1.The above audited results, as reviewed by the Audit Committee, have been approved by the Board of Directors at its meeting held on 17th May, 2024. 2. The Company has only one reportable business segment as per Ind AS-108, i.e Tires. 3. The Other Income/Expenses includes net Foreign Exchange Gain/(Loss) as under: 4.The Completion of Advanced Carbon Black project of 30,000 MTPA at Bhuj, is expected to be completed in H1 FY 24-25. 5. The Board of Directors have declared an final dividend of Rs.4/- (200%) per equity share of Rs.2/- each. The cash outgo on account of final dividend will be Rs.7732 Lakhs. 6. On 21st July, 2022, the Ministry of Environment, Forest and Climate Change issued notification containing regulations on Extended Producer Responsibility (EPR) for Waste Tyres, which amongst others is also applicable to Tyre manufacturers.The obligation is to be fulfilled by purchasing certificates from recyclers registered with the Central Pollution Control Board. As on 31st March, 2023 the Company was unable to reliably estimate its liability due to lack of infrastructure for the same. Consequently, provision was not made for this obligation. In the current year, the necessary framework has been established, allowing the Company to estimate the liability and accordingly Rs. 1125 lakhs has been provided in the books in the current year, which has been included under the head Other Expenses for the current quarter. In line with regulation, calculation for the obligation is based on the domestic revenue of FY 2020-21 (used for computing obligation for FY 2022-23) and of FY 2021-22 (used for computing obligation for FY 2023-24). 7.The figures of the quarter ended 31st March,2024 and 31st March,2023 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. 8. Previous period's/year's figures have been regrouped/reclassified wherever necessary. Single segment 2023-04-01 2024-03-31 Audited Consolidated 93688700000.00 4492200000.00 98180900000.00 44044500000.00 1198500000.00 -328800000.00 4995100000.00 1128700000.00 6507200000.00 21225700000.00 78770900000.00 19410000000.00 0.00 19410000000.00 4110500000.00 584600000.00 4695100000.00 0.00 14714900000.00 0.00 0.00 0.00 0.00 14714900000.00 1347000000.00 16061900000.00 0.00 0.00 0.00 0.00 386600000.00 2 88151600000.00 76.12 76.12 0.00 0.00 76.12 76.12 0.00 0.09 0.09 Freight and forwarding expenses 2095100000.00 Other expenses 4054400000.00 Freight and forwarding expenses 5107300000.00 Other expenses 16118400000.00 0.00 62319300000.00 9444300000.00 642500000.00 0.00 213000000.00 0.00 0.00 0.00 13366600000.00 0.00 0.00 1550800000.00 14917400000.00 0.00 2868300000.00 90404800000.00 13315300000.00 13489900000.00 14454300000.00 746200000.00 53800000.00 67500000.00 695500000.00 29507200000.00 0.00 3618100000.00 46440600000.00 0.00 0.00 136845400000.00 386600000.00 88151600000.00 88538200000.00 88538200000.00 6914400000.00 0.00 199300000.00 7113700000.00 347200000.00 3490000000.00 0.00 751900000.00 11702800000.00 24039900000.00 9102300000.00 1562600000.00 34704800000.00 1855300000.00 44300000.00 0.00 0.00 36604400000.00 0.00 0.00 48307200000.00 136845400000.00 1135200000.00 3358400000.00 -2284800000.00 0.00 0.00 0.00 16500000.00 0.00 0.00 445900000.00 0.00 0.00 0.00 6507200000.00 0.00 0.00 0.00 0.00 0.00 -650000000.00 0.00 842200000.00 0.00 -1718800000.00 0.00 0.00 0.00 -315900000.00 0.00 5651500000.00 25061500000.00 0.00 0.00 0.00 4235100000.00 0.00 20826400000.00 0.00 0.00 21615700000.00 26190000000.00 0.00 0.00 0.00 0.00 172000000.00 10985500000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 153800000.00 473600000.00 0.00 5000000.00 0.00 -14755400000.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 26085900000.00 27988300000.00 0.00 0.00 3094500000.00 1021900000.00 0.00 0.00 -6018800000.00 52200000.00 1000000.00 53200000.00 693000000.00 746200000.00 Items that will not be reclassified to profit or loss -13500000.00 Items that will not be reclassified to profit or loss -7900000.00 -13500000.00 -7900000.00 -3400000.00 -2000000.00 Items that will be reclassified to profit or loss 1583500000.00 Items that will be reclassified to profit or loss 1840800000.00 1583500000.00 1840800000.00 406100000.00 487900000.00