Balkrishna Industries (NSE:BALKRISIND) ROCE %: 13.79% (As of Mar. 2026)


NSE:BALKRISIND Balkrishna Industries Ltd NSE:BALKRISIND
92 GF Score
Price ₹2,169.30
GF Value ₹2,919.69
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Balkrishna Industries ROCE %?

Balkrishna Industries NSE:BALKRISIND -0.51% 92 ROCE % is 13.79% as of Mar. 2026. GuruFocus rates NSE:BALKRISIND with a GF Score™ of 92/100 and a GF Value™ of ₹2,919.69 (Modestly Undervalued). The stock has 4 warning signs investors should review.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Balkrishna Industries's annualized ROCE % for the quarter that ended in Mar. 2026 was 13.79%.

Balkrishna Industries  (NSE:BALKRISIND) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Balkrishna Industries ROCE % Related Terms

Balkrishna Industries ROCE % Historical Data

* Premium members only.

The historical data trend for Balkrishna Industries's ROCE % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Balkrishna Industries ROCE % Chart

Balkrishna Industries Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 28.42 17.65 21.47 21.61 14.76

Balkrishna Industries Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
ROCE % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 18.75 14.91 13.39 18.04 13.79
NSE:BALKRISIND
92GF Score
Balkrishna Industries Ltd NSE:BALKRISIND
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Balkrishna Industries ROCE % Calculation

Balkrishna Industries's annualized ROCE % for the fiscal year that ended in Mar. 2026 is calculated as:

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=17773/( ( (156346.6 - 42266.5) + (177663.4 - 50890) )/ 2 )
=17773/( (114080.1+126773.4)/ 2 )
=17773/120426.75
=14.76 %

Balkrishna Industries's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=17487.2/( ( (0 - 0) + (177663.4 - 50890) )/ 1 )
=17487.2/( ( 0 + 126773.4 )/ 1 )
=17487.2/126773.4
=13.79 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 13.79% mean?
Balkrishna Industries (NSE:BALKRISIND) has a ROCE % of 13.79% as of Mar. 2026.
Is Balkrishna Industries' ROCE % too high?
Balkrishna Industries' current ROCE % is 13.79%. The Vehicles & Parts industry median ROCE % is 7.94. Balkrishna Industries' value of 13.79% is 73.7% above this industry median. Overall, Balkrishna Industries has a GF Score™ of 92/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Balkrishna Industries' ROCE % compare to ORLY and AZO?
Balkrishna Industries' ROCE % of 13.79% can be compared against companies in the Vehicles & Parts industry. The industry median ROCE % is 7.94. Balkrishna Industries' value of 13.79% is 73.7% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for a Vehicles & Parts company?
The median ROCE % among Vehicles & Parts companies is 7.94, based on 1,319 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Balkrishna Industries's current ROCE % of 13.79% is 73.7% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Vehicles & Parts industry, the median ROCE % is 7.94 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Balkrishna Industries's current ROCE % is 13.79%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Balkrishna Industries stock overvalued right now?
Based on GuruFocus' analysis, Balkrishna Industries (NSE:BALKRISIND) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹2,919.69, compared to a current price of ₹2,169.30 — trading 25.7% below its estimated fair value. The current ROCE % is 13.79% and 73.7% above the Vehicles & Parts industry median of 7.94. Balkrishna Industries' overall GF Score™ is 92/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Balkrishna Industries (NSE:BALKRISIND), the current ROCE % is 13.79% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Balkrishna Industries (NSE:BALKRISIND) Overvalued in 2026?

Based on GuruFocus' analysis, Balkrishna Industries stock appears to be undervalued. The current stock price of ₹2,169.30 is trading 25.7% below its estimated GF Value™ of ₹2,919.69. GuruFocus considers Balkrishna Industries to be Modestly Undervalued.

Key valuation signals for NSE:BALKRISIND:

  • ROCE %: 13.79%
  • GF Value™: ₹2,919.69 vs. price of ₹2,169.30 (25.7% below fair value)
  • GF Score™: 92/100 with 4 warning signs
  • Industry Position: 73.7% above the Vehicles & Parts median

No single metric tells the full story. See the NSE:BALKRISIND stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Balkrishna Industries Business Description

Other Exchanges 502355:India
Address Senapati Bapat Marg, BKT House, C/15, Trade World, Kamala Mills Compound, Lower Parel, Mumbai, MH, IND, 400013
Balkrishna Industries Ltd is engaged mainly in the business of manufacturing and selling of Off-Highway Tires (OHT) in the specialist segments such as Agricultural, Industrial & Construction, Earthmovers & Port, Mining, Forestry, Lawn & Garden, and All Terrain Vehicles (ATV). The majority of the group's revenue is derived from international markets like Europe, North America, and other regions, and the rest from its business in India.
92GF Score

Get the complete analysis for NSE:BALKRISIND

ROCE % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹2,169.30
Price
₹2,919.69
GF Value