Balkrishna Industries Gears Up for TBR Tire Production, Sets Ambitious 2030 Revenue Goal
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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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.
Historical Stock Returns for Balkrishna Industries
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| +0.79% | -1.27% | -0.21% | -14.87% | -17.67% | +70.15% |










































