Balkrishna Industries now targets 2.2x revenue growth by 2030

Balkrishna Industries Ltd aims for 2.2x revenue growth by FY30, targeting Rs 23,000 crore from Rs 10,600 crore in 2025, representing a 17% CAGR. Growth will be driven by OHT segments (70% contribution), carbon black third-party sales (10%), and new tire categories for India (20%).

The company plans Rs 3,500 crore capex investment over three years for carbon black, rubber tracks, and new category tires. Carbon black capacity will increase from 200,000 MTPA to 360,000 MTPA by early 2026.

Q1FY26 net profit fell 40% to Rs 287 crore, with EBITDA down 8% to Rs 655 crore.