Balkrishna Industries

Balkrishna Industries reported Q4 FY26 revenue of ₹2,894 croreCurrent reported value: ₹2,894 crore. No comparable prior figure is available in the source record. (+2% YoY) and EBITDA of ₹663 croreCurrent ₹663 crore vs previous available quarter ₹605 crore. (margin 22.9Current 22.9 crore vs previous available quarter 22.5 crore.%), impacted by raw material cost headwinds and forex losses of ₹47 crore. OHT volumes hit a record 85,280 MTCurrent 85,280 MT. Reported change: +5% YoY. (+5% YoY), driven by H2 recovery in Europe and improving traction in the Americas. The company is navigating raw material inflation (4-5% in Q4, expected 7-8% in Q1 FY27) with price hikes of 3-5% and plans further increases. Management maintained its 23-25% EBITDA margin target but flagged near-term pressure. The board approved an additional ₹2,000 crore capexCurrent reported value: ₹2,000 crore capex. No comparable prior figure is available in the source record. for capacity expansion and AI automation, with FY27 capex guided at ₹1,500-1,800 crore. Entry into TBR and PCR segments is progressing, with TBR capacity at 800 tires/dayCurrent 800 tires/day. Reported change: new. and PCR launch by end of CY26. Key risk: inability to fully pass on raw material cost increases could compress margins.