Balkrishna Industries Earnings Call Transcript: Key Takeaways
Balkrishna Industries reported strong Q2 volume growth but margins faced severe headwinds from raw material inflation and freight costs.
- Call
- Guides 20% growth
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Balkrishna Industries reported strong Q2 volume growth but margins faced severe headwinds from raw material inflation and freight costs.
Q2FY27 revenue Rs 3,450 cr (+49% YoY), PAT Rs 291 cr (+10%), EBITDA margin 18.2% (-329 bps). H1 revenue Rs 6,859 cr (+35%). Targets 2.2x revenue by FY30.
Balkrishna Industries declared Rs 4 per share interim dividend on 4 November 2026. Record date is 11 November 2026, with payment by 3 December 2026.
Balkrishna Industries Ltd reported revenue from operations of ₹3,472 Cr (+45.1% YoY) and net profit of ₹292.6 Cr (+7.1% YoY) for Q2 FY27.
Balkrishna Industries' board meets November 4, 2026 to consider half-year results and a possible second interim dividend. Dividend record date, if declared, is November 11, 2026.
Balkrishna Industries signed a framework, offtake and service agreement with Pirelli Tyre for a future 50:50 joint venture to manufacture passenger car radial tyres in India. No monetary value is disclosed.
Balkrishna Industries Ltd has filed its quarterly shareholding pattern for the period ended September 30, 2026. This is a periodic regulatory disclosure of shareholding distribution.
Balkrishna Industries Limited submitted its half-yearly statement of outstanding debt securities as of 30th September, 2026, in compliance with SEBI listing regulations.
CRISIL assigned Crisil A1+ to Balkrishna Industries' proposed ₹500 Crore commercial paper programme. The rating reflects very strong safety on timely payment of obligations.
Balkrishna Industries received a GST adjudication order demanding Rs. 1.05 Crore plus an equivalent penalty. The company is contesting this tax demand at the appellate level.
Balkrishna Industries Limited approved the issuance of non-convertible debentures (NCDs) worth Rs. 550 Crore. The NCDs will be issued on a private placement basis in three series.
Balkrishna Industries Limited has received an [ICRA]AA+(Stable) credit rating from ICRA for its proposed non-convertible debentures amounting to ₹550 Crore.
Balkrishna Industries' Finance Committee approved the issuance of non-convertible debentures aggregating up to ₹550 Crore on a private placement basis.
Balkrishna Industries Ltd has scheduled a Finance Committee meeting for 18th August, 2026, to consider raising funds via non-convertible debentures on a private placement basis.
BKT reported Q1 FY27 results with highest-ever OHT volumes, driven by India (40% share) and Europe. Focus is on scaling Carbon Black and the new On-Highway segment.
Balkrishna Industries Limited held its 64th Annual General Meeting on July 29, 2026. The meeting proceedings and resolutions passed were shared with the exchanges.
BKT reports highest ever quarterly sales volume of 93,770 MT. Strategic shift towards on-highway segment aiming for 2.2x revenue growth by 2030.
Balkrishna Industries Limited declared an interim dividend of ₹4 per equity share. The dividend record date is August 4, 2026.
Balkrishna Industries Ltd reported revenue from operations of ₹3,455 Cr (+25.2% YoY) and net profit of ₹450.8 Cr (+56.4% YoY) for Q1 FY27.
Balkrishna Industries scheduled a board meeting for July 29, 2026, to review Q1 FY27 unaudited financial results and consider declaring an interim dividend.
Balkrishna Industries Ltd filed its quarterly shareholding pattern as of June 30, 2026. The filing details holdings across promoter and public categories.
Balkrishna Industries filed its BRSR for FY 2025-26, detailing ESG performance and operations. The report covers sustainability, employee data, and stakeholder engagement without any financial or capital action.
Balkrishna Industries Ltd. has issued its AGM notice for July 29, 2026, with a record date of July 17, 2026. The notice includes agenda items and dividend payment details.
Balkrishna Industries completed its Carbon Black expansion to 3.6 lakh MTPA. Total investment for the project and power plant was ₹95 Crore.
Balkrishna Industries submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report confirms overall regulatory adherence with no material non-compliances noted.
BKT reported record annual volumes in FY26. Standalone revenue was ₹10,656cr (flattish) with EBITDA of ₹2,423cr (22.7% margin) as the company expands into On-Highway segments.
BKT reported FY26 revenue of Rs. 10,656cr with 22.7% EBITDA margin. Strategy shifts toward On-Highway segments and Carbon Black expansion to double revenue by 2030.
Balkrishna Industries recommended a final dividend of ₹4 per equity share. The payout follows shareholder approval at the upcoming July annual general meeting.
BKT reports FY26 revenue of ₹10,656 cr (flat YoY) with EBITDA margins at 22.7%. Strategy shifts towards 2.2x revenue growth by 2030 through On-Highway business expansion.
Balkrishna Industries Ltd reported revenue from operations of ₹2,933 Cr (+6.6% YoY) and net profit of ₹299.5 Cr (-18.7% YoY) for Q4 FY26.