Archive · 30 Aug 2026
BKT Targets ₹23,000 Crore Revenue With Car Tyre Launch
Balkrishna Industries makes many kinds of tyres used by farms, factories, trucks and mining vehicles.
The company wants to grow its yearly revenue from ₹10,823 crore to ₹23,000 crore by FY30.
It has started making tyres for trucks and two-wheelers and will launch passenger-car tyres in November.
These new products are part of its on-road tyre business.
BKT hopes that business will generate ₹5,000 crore by FY30.
The company is also continuing to grow its older off-highway tyre business and its carbon-black business.
Its first year in the new categories is expected to be mainly a preparation period.
BKT faces higher costs and says it may need to raise prices again.
Its latest quarterly results were stronger, even though profitability fell during FY26.
Balkrishna Industries reported FY26 revenue of ₹10,823 crore, while EBITDA and net profit declined.
The company aims to more than double revenue to ₹23,000 crore by FY30.
BKT will launch passenger-car tyres in November after entering truck and two-wheeler tyres in April.
Its on-road tyre business is targeted to reach ₹5,000 crore by FY30, supported by a ₹6,800-crore investment plan.
BKT has raised prices 9% but says an 18–20% increase is needed to fully offset input-cost pressures.
- Who
- Balkrishna Industries, also known as BKT, led by its business-development and strategy executive Satish Sharma.
- What
- BKT is expanding into on-road tyres, including passenger-car tyres, while targeting revenue of ₹23,000 crore by FY30.
- When
- The passenger-car tyre launch is planned for November; the announcement was published on August 30, 2026.
- Where
- The company operates internationally, selling products in 163 countries, with major production and export activity from its Bhuj plant.
- Why
- BKT wants to create new growth through off-highway tyres, carbon black and on-road tyres despite higher input costs and geopolitical uncertainty.
BKT's Growth Case
BKT's Risk Case
Revenue expansion
BKT's Growth Case
BKT says its ₹23,000-crore FY30 revenue vision is achievable because the required infrastructure is already in place and growth can come from three business areas.
BKT's Risk Case
The company must revive margins in established businesses while building unfamiliar consumer categories, with meaningful on-road contributions expected only from FY28.
Pricing and profitability
BKT's Growth Case
BKT has already raised prices 9% and expects another revision to help manage rising input costs.
BKT's Risk Case
FY26 EBITDA fell to ₹2,552 crore from ₹2,996 crore and net profit declined to ₹1,243 crore from ₹1,655 crore, while management says prices would need to rise 18–20% to fully offset cost pressures.
Market conditions
BKT's Growth Case
BKT expects its core off-highway business to grow significantly over the next four to five years and is expanding its product portfolio across consumer vehicles.
BKT's Risk Case
Tariff and geopolitical uncertainties in Europe and the United States remain challenges for the company's export-heavy operations.
- FY26 revenue
- ₹10,823 crore
- FY30 revenue target
- ₹23,000 crore
- On-road business target
- ₹5,000 crore by FY30
- Planned investment
- ₹6,800 crore through FY29
- Passenger-car tyre launch
- Planned for November
- FY27 tyre volume target
- 3,30,000–3,40,000 tonnes
- Recent price increases
- 9% over four months; the company estimates 18–20% is needed to fully offset cost pressures