Balkrishna Industries Gears Up for TBR Tire Production, Sets Ambitious 2030 Revenue Goal

1 min read     Updated on 03 Nov 2025, 09:02 AM
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Overview

Balkrishna Industries announces plans to launch Truck and Bus Radial (TBR) tire production, with pilot production starting in Q4 of the current fiscal year and full commercial production in the latter half of the next fiscal year. The company sets a long-term revenue target of Rs 5,000.00 crore by 2030 and aims to capture 7-8% market share. Short-term guidance is withheld due to global volatility.

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*this image is generated using AI for illustrative purposes only.

Balkrishna Industries , a prominent player in the tire manufacturing sector, has unveiled its strategic plans for expansion and growth. The company is set to make significant strides in its production capabilities and has outlined a bold vision for its future revenue.

TBR Tire Production Launch

Balkrishna Industries has announced its readiness to commence pilot production of Truck and Bus Radial (TBR) tires. This new venture is scheduled to kick off in the fourth quarter of the current fiscal year. The company plans to transition to full commercial production in the latter half of the upcoming fiscal year, marking a significant expansion in its product portfolio.

Long-term Revenue Target

In a move that underscores its ambitious growth plans, Balkrishna Industries has set its sights on achieving a substantial revenue milestone. The company aims to reach a revenue target of Rs 5,000.00 crore by the year 2030. This long-term goal reflects the company's confidence in its growth trajectory and market potential.

Market Share Aspirations

Alongside its revenue target, Balkrishna Industries has expressed its intention to capture a significant portion of the market. The company is aiming to secure a 7-8% market share by 2030, indicating its commitment to expanding its presence in the tire industry.

Short-term Guidance

It's worth noting that Balkrishna Industries has opted not to provide short-term guidance at this time. The company cited global volatility as the reason for this decision, highlighting the uncertain nature of the current economic environment.

Key Points Details
TBR Tire Pilot Production Scheduled for Q4 of current fiscal year
Full Commercial Production Planned for second half of next fiscal year
Long-term Revenue Target Rs 5,000.00 crore by 2030
Market Share Goal 7-8% by 2030
Short-term Guidance Not provided due to global volatility

Balkrishna Industries' strategic moves in expanding its product line and setting ambitious long-term goals demonstrate its commitment to growth and market expansion. However, the company's decision to withhold short-term guidance underscores the need for cautious navigation in the current global economic landscape.

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Balkrishna Industries Targets 4.25 Lakh MTPA Tire Capacity Amid Q2 Profit Dip

1 min read     Updated on 31 Oct 2025, 07:24 PM
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Reviewed by
Riya DeyScanX News Team
Overview

Balkrishna Industries Ltd (BKT) announced plans to increase tire capacity to 4.25 lakh MTPA while reporting a 24% drop in Q2 FY26 net profit to ₹265 crore. The company's revenue decreased by 6% to ₹2,320 crore, with sales volume down 4%. Despite the decline, BKT declared a second interim dividend of ₹4 per share. The expansion strategy focuses on diversification across segments and global market consolidation. Europe remains the largest market at 39.20% of sales, followed by India at 34.90%.

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*this image is generated using AI for illustrative purposes only.

Balkrishna Industries Ltd (BKT), a leading off-highway tire manufacturer, has unveiled expansion plans while reporting a decline in its second-quarter profits for the fiscal year 2025-26.

Expansion Strategy

BKT aims to increase its total achievable tire capacity to approximately 4.25 lakh Metric Tonnes Per Annum (MTPA) through ongoing capital expenditure and debottlenecking initiatives. The company's strategy includes:

  • Diversification across agriculture, OTR (Off-The-Road), industrial, and mining segments
  • Maintaining self-reliance in carbon black production to strengthen sourcing security
  • Consolidating global market share
  • Sustaining profitability through efficiency gains and cost optimization measures

Q2 FY26 Financial Performance

For the quarter ended September 30, 2025, Balkrishna Industries reported:

Metric Q2 FY26 Q2 FY25 YoY Change
Sales Volume 70,252 MT 73,298 MT -4.00%
Revenue ₹2,320.00 cr ₹2,465.00 cr -6.00%
EBITDA ₹500.00 cr ₹619.00 cr -19.00%
Net Profit ₹265.00 cr ₹350.00 cr -24.00%
EBITDA Margin 21.50% 25.10% -358 bps

The company's performance shows a decline across key financial metrics.

Dividend Declaration

Despite the profit decline, BKT's Board of Directors has declared a second interim dividend of ₹4.00 per equity share (200%) for FY 2025-26.

Segment-wise Performance

BKT's sales volume for H1 FY26 was distributed across various segments:

  • Agriculture: 58.20%
  • OTR: 38.10%
  • Others: 3.70%

Geographically, Europe remained the largest market, accounting for 39.20% of sales, followed by India at 34.90%, Americas at 14.90%, and Rest of the World at 11.00%.

Future Outlook

While facing current headwinds, Balkrishna Industries remains committed to its long-term growth strategy. The company's focus on capacity expansion, diversification, and operational efficiency aims to strengthen its position in the global off-highway tire market.

As Balkrishna Industries navigates through market challenges, the company's strategic initiatives and robust dividend policy signal confidence in its long-term prospects.

Historical Stock Returns for Balkrishna Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+0.79%-1.27%-0.21%-14.87%-17.67%+70.15%
Balkrishna Industries
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