Balkrishna Industries Limited — Investor Meet, 14-05-2026: Analysts/Institutional Investor Meet/Con. Call Updates

Balkrishna Industries reported its highest ever Q4 and FY26 OHT volumes, with stable revenue and EBITDA margins around 22-23%. The company announced significant expansion into On-Highway segments (TBR, 2-wheeler, PCR) with an additional INR 2,000 crore capex, part of a larger INR 6,800 crore plan. Raw material costs are rising, leading to recent price hikes and potential near-term margin pressure. Carbon Black capacity is fully utilized, supporting internal consumption and third-party sales. Management is confident about long-term growth driven by capacity expansion and new product lines, despite macroeconomic uncertainties. The company aims for sustained EBITDA levels of 23-25% over time.