Balkrishna Industries Limited — Important, 23-05-2025: Updates

Balkrishna Industries has announced a board meeting on the financial results for the quarter and half-year. The company targets 2.2x revenue growth by FY30, backed by Rs. 3,500 Cr capex in Carbon Black, Rubber Tracks, and new tire segments. It plans to boost global OHT tire market share to 8%, expand Carbon Black capacity to 360,000 MTPA, and enter premium Indian PCR and CV radial segments with ~20% and ~10% revenue contribution by FY30. FY25 standalone revenue rose 13% to Rs. 10,615 Cr, with 16% EBITDA growth and 25.3% margins; cash stands at Rs. 3,327 Cr.