Balkrishna Industries Limited (BKT) started its Off-Highway tyre business in 1987. For over 30 years, BKT has successfully focused on specialist segments such as agricultural, construction and industrial as well as earthmoving, port and mining, ATV, and gardening applications.
Balkrishna Industries' Finance Committee has approved the issuance of 55,000 rated, listed, unsecured, redeemable, non-convertible debentures. Each debenture has a face value of INR 1 lakh, totaling an aggregate principal amount of up to INR 550 Cr. These debentures will be issued via private placement in three series, with tenures...
Balkrishna Industries Ltd. has secured an [ICRA]AA+ (Stable) credit rating from ICRA Limited for its proposed Non-Convertible Debenture programme totaling Rs. 550 Crore. This new rating indicates a very strong capacity for timely payment of financial obligations, with a stable outlook.
Balkrishna Industries' Finance Committee has approved raising funds up to INR 550 Cr by issuing 55,000 non-convertible debentures (NCDs). Each NCD has a face value of INR 1,00,000. These rated, listed, senior, unsecured, and redeemable NCDs will be offered via private placement and are slated for listing on BSE. This...
Balkrishna Industries (BKT) Q1 FY27 saw strong Off-Highway (OHT) volumes, up 16% YoY to 93,770 metric tons. Revenue grew 24% YoY to INR3,409 Cr, with PAT at INR432 Cr. EBITDA margin stood at 20.61%, impacted by raw material costs, partially offset by a 5% price hike in Q1. India's rising...