Balkrishna Industries Limited — Investor Meet, 05-11-2025: Analysts/Institutional Investor Meet/Con. Call Updates

Balkrishna Industries' Q2 volume fell 4% YoY to 70,252 MT. The financial results for the quarter reported standalone revenue of INR 2,360 crore, EBITDA of INR 500 crore (21.5% margin), and PAT of INR 265 crore. A second interim dividend of INR 4 per share was declared. US sales faced severe impact from 50% import duties, though management anticipates quick normalization if tariffs ease; Europe also shows easing headwinds. FY26 capex is projected at INR 2,000-2,200 crore. The company remains confident in its INR 23,000 crore revenue vision by 2030, driven by strategic investments and new products.