diff --git a/erpnext/stock/doctype/stock_reconciliation/stock_reconciliation.py b/erpnext/stock/doctype/stock_reconciliation/stock_reconciliation.py
index 07a8566d4a4..5d5a27f1eab 100644
--- a/erpnext/stock/doctype/stock_reconciliation/stock_reconciliation.py
+++ b/erpnext/stock/doctype/stock_reconciliation/stock_reconciliation.py
@@ -1,6 +1,7 @@
 # Copyright (c) 2015, Frappe Technologies Pvt. Ltd. and Contributors
 # License: GNU General Public License v3. See license.txt
 
+from typing import Optional
 
 import frappe
 from frappe import _, msgprint
@@ -706,29 +707,43 @@ def get_itemwise_batch(warehouse, posting_date, company, item_code=None):
 
 @frappe.whitelist()
 def get_stock_balance_for(
-	item_code, warehouse, posting_date, posting_time, batch_no=None, with_valuation_rate=True
+	item_code: str,
+	warehouse: str,
+	posting_date: str,
+	posting_time: str,
+	batch_no: Optional[str] = None,
+	with_valuation_rate: bool = True,
 ):
 	frappe.has_permission("Stock Reconciliation", "write", throw=True)
 
-	item_dict = frappe.db.get_value("Item", item_code, ["has_serial_no", "has_batch_no"], as_dict=1)
+	item_dict = frappe.get_cached_value(
+		"Item", item_code, ["has_serial_no", "has_batch_no"], as_dict=1
+	)
 
 	if not item_dict:
 		# In cases of data upload to Items table
 		msg = _("Item {} does not exist.").format(item_code)
 		frappe.throw(msg, title=_("Missing"))
 
-	serial_nos = ""
-	with_serial_no = True if item_dict.get("has_serial_no") else False
+	serial_nos = None
+	has_serial_no = bool(item_dict.get("has_serial_no"))
+	has_batch_no = bool(item_dict.get("has_batch_no"))
+
+	if not batch_no and has_batch_no:
+		# Not enough information to fetch data
+		return {"qty": 0, "rate": 0, "serial_nos": None}
+
+	# TODO: fetch only selected batch's values
 	data = get_stock_balance(
 		item_code,
 		warehouse,
 		posting_date,
 		posting_time,
 		with_valuation_rate=with_valuation_rate,
-		with_serial_no=with_serial_no,
+		with_serial_no=has_serial_no,
 	)
 
-	if with_serial_no:
+	if has_serial_no:
 		qty, rate, serial_nos = data
 	else:
 		qty, rate = data