Balkrishna Industries Limited — Q2FY27 earnings call summary

Filed 27 October 2026 · Official transcript

Pirelli targets super-premium segment (~10% of market); BKT expects 80% capacity for own brand
No additional capex expected for offtake; JV and dedicated plant possible by 2030 subject to conditions
Capacity modularly expandable beyond current 6,700 tires/day; JV timeline and capex TBD
BKT to produce Pirelli tires using Pirelli technology; BKT brand uses own technology and targets full Indian PCR market from 13-inch upwards
Partnership expected to accelerate BKT's on-road segment growth and improve market acceptance
Management confident of maintaining margins and achieving Vision 2030 targets
BKT and Pirelli signed a strategic offtake agreement for Pirelli-branded premium car tires produced at BKT's Bhuj plant starting 2027
Production to scale up to 800,000 tires per year by 2030, mainly for Indian market with some global supply