Balkrishna Industries Ltd-$ — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
Balkrishna Industries reported its highest-ever OHT segment sales volume in Q1 FY27, with 16% year-on-year volume growth and standalone revenue of Rs 3,409 crores, up 24% year-on-year. EBITDA margin came in at 20.61%, impacted by raw material cost pressures and a higher share of India volumes, partially offset by price hikes taken during the quarter. Management also detailed progress on Carbon Black capacity expansion to 360,000 MTPA and the initial rollout of its On-Highway business in TBR and 2-wheeler segments.
Balkrishna Industries reported its highest ever quarterly and annual OHT volumes in Q4 and FY26, with standalone Q4 revenue of Rs 2,894 crore and full-year revenue of Rs 10,656 crore, roughly flat year-on-year. EBITDA margin for the quarter was 22.9% and for the full year 22.7%, with management citing raw material price increases and geopolitical supply chain headwinds affecting the end of the quarter. Management also discussed progress on the carbon black capacity expansion, the new commercial vehicle radial and two-wheeler tyre launches, and an additional Rs 2,000 crore capex approval for OHT and on-highway categories.