Balkrishna Industries Ltd
NSE: BALKRISIND BSE: 502355
₹2575
(1.41%)
Wed, 25 Feb 2026, 05:37 am
Market Cap492.64B
PE Ratio37.94
Dividend0.63
Consumer Durables
Automotive Aftermarket
24.5KCompany History
1961
- The Company was incorporated on 20th November at Mumbai.
1962
- The Company offered shares at par to the public.
1963
- The Company allotted shares to directors and friends of directors.
- The Company offered 12,500 shares at par to the public.
1971
- The Company changed its name from Papchoni Corporation Ltd. to Balakrishna Paper Mills Ltd.
1978
- The Company installed a 50 tonnes per day paper machine.
1979
- The Company issued 10,000 shares at par as Rights.
1984
- The Company issued 30,000 Rights equity shares.
1985
- The Company issued 60,000 Bonus equity shares.
1986
- The Company privately placed 1,50,000 secured redeemable non-convertible debentures with UTI.
1987
- The Company undertook modernisation of the Synthetic Textile Processing Division.
- The Company set up a plant with an installed capacity of 18 lakhs automobile tyres.
- The Company offered 96,000 secured redeemable convertible debentures and 2,88,000 secured redeemable non-convertible debentures to shareholders.
1989
- The tyre division introduced various sizes of 4 wheeler tyres.
- The Company introduced various sizes of 4 wheelers tyres for LCV, Jeep, tractor, and trailers.
1990
- The Company undertook a modernisation cum balancing scheme at the paper plant.
1991
- Operations at the paper division were suspended for 10 days due to a fire.
- The Company issued 12,97,560 Bonus equity shares.
1992
- The Company undertook phase-II of the expansion-cum-modernisation scheme.
- The Company launched a range of Light Commercial Vehicle tires in the international market.
1993
- The Company issued 2,00,000 secured redeemable non-Convertible debentures to UTI.
1994
- The Company undertook to set up a division named Balakrishna Poly Packs.
- The Company allotted 25,95,120 Bonus Shares to existing shareholders.
1995
- The Company undertook a modernisation-cum-expansion scheme.
- The Company identified a niche segment for the International Market and commenced production of Off Highway Segment.
1996
- The Company commenced exports to Europe and North American markets with Agricultural Range of tires.
2000
- The Company developed over 500 SKUs in the Agricultural application segment.
2001
- The Company started production of Flotation and MPT tires.
2002
- The Company established its second Manufacturing unit at Bhiwadi.
- The Company was awarded the ISO 9001:2000 certificate for Quality Management System.
2003
- The Company launched Earthmover tires, All Terrain Vehicle tires, and Lawn and Garden tires.
2004
- The Company introduced Radial Agricultural tires sub-branded as AGRIMAX.
2005
- The Company entered into an Outsourcing Agreement with Trelleborg Wheel Systems.
- Balkrishna Industries issued Bonus shares in the Ratio of 1:2.
- The Company established an in-house mould shop.
2006
- The Company recommended a Final Dividend of Rs 3 per Equity Share.
- The Company commissioned its third Manufacturing unit at Chopanki.
- The Company opened its European office at Milan, Italy.
- The Company launched Floatation Radial tires.
2007
- The Company introduced 65 series and 90 Series AGRIMAX range of tires.
- The Company introduced Port application tires and Row crop tires.
2008
- The Company became the first company from India to offer All Steel radial OTR tires sub-branded as EARTHMAX.
- The Company recommended payment of Final Dividend of Rs 6 per share.
2009
- The Company launched Radial MPT Range of tires sub-branded as MULTIMAX.
- The Company introduced Forestry range of tires.
- The Company recommended payment of Dividend of Rs 6.00 per Equity Share.
- The Company appointed Shri. L V Merchant as an Additional Director.
2010
- The Company introduced Radial Harvester tires sub-branded as AGRIMAX TERIS.
- The Company introduced Radial extra large tires sub-branded as AGRI MAX FORTIS.
- The Company introduced Steel belted Forestry tires sub-branded as FORSTECH and ROADMAX range of tires.
- The Company split its Face value of Shares from Rs 10 to Rs 2.
2011
- Work commenced at the 4th Plant, a Greenfield project.
- The Company repaid 4.5% Foreign Currency Convertible Bonds.
- The Board recommended payment of Dividend of Rs. 1.40 per Share on the Equity Shares of Rs. 2 each.
- The Board approved the re-appointment of Shri Arvind M Poddar as Vice Chairman and Managing Director.
2012
- The Board approved the appointment of Shri Vipul Shah as an Additional Director and Whole Time Director.
2013
- The Board recommended payment of Dividend of Rs. 1.50 per Share on the Equity Shares of Rs. 2 each.
- The Board approved the re-appointment of Shri Rajiv Poddar as a Joint Managing Director.
2014
- The Board recommended payment of Final Dividend of Rs. 2 per Equity Share on the Equity Shares of Rs. 2 each.
2021
- Balkrishna Industries commenced trial production at the Green Field Project located at Waluj with an installed capacity of 30,000 MT per annum.
2022
- Balkrishna Industries commenced commercial production of the Brown Field Expansion and Debottlenecking Project at BHUJ Plant.
2023
- The Company commissioned the 55,000 MTPA Carbon Black project along with Power Plant.
2024
- The Company approved the Scheme of Amalgamation of BKT Tyres Limited with the Holding Company.
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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800