Balkrishna Industries Ltd - Company Profile
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Balkrishna Industries Ltd (BKT) is a tire manufacturing company. The company's main activities include the production of tires designed for agriculture, construction, earthmoving, port, and mining applications. The company's offerings cater to specialty segments such as agricultural, construction, industrial, earthmover, port, ATV (All-Terrain Vehicle), and turf care applications, available in both cross ply and radial construction. Its customer base is comprised of the agriculture and farming industries, with additional clientele in mining, forestry, construction, and other sectors requiring off-highway tire solutions. BKT serves original equipment manufacturers (OEMs) and the replacement market. The company operates its manufacturing plants in Maharashtra, Rajasthan, and Gujarat, and distributes its products through third-party distributors. It exports its products across the world. The company has a presence in Europe, North America, and Asia-Pacific. BKT is headquartered in Mumbai, Maharashtra, India.
Headquarters
India
Address
BKT House,C/15, Trade World, Kamala Mills Compound, Senapati Bapat Marg, Lower Parel, Mumbai, Maharashtra, 400013
Website
www.bkt-tires.com
Telephone
91 22 66663800
No of Employees
3,758
Industry
Automotive
Ticker Symbol & Exchange
BALKRISIND (NSE)
Revenue (2025)
$1.2B
3.6%
(2025 vs 2024)
EPS
XYZ
Net Income (2025)
XYZ
-24.9%
(2025 vs 2024)
Market Cap*
$4.5B
Net Profit Margin (2025)
XYZ
-27.5%
(2025 vs 2024)
* As of and is in US$
Balkrishna Industries Ltd premium industry data and analytics
Products and Services
| Products |
|---|
| Tires |
| Carbon Black |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2025 | New Products/Services | In October, the company launched AGRIMAX PROCROP tire. |
| 2025 | Corporate Changes/Expansions | In September, the company opened a Vehicle Dynamics & Testing base at the National Automotive Test Tracks in Indore, Madhya Pradesh, India. |
| 2025 | Contracts/Agreements | In July, the company renewed its partnership with LALIGA until 2028 and became the official tire provider for LALIGA across Europe and Latin America. |
Competitor Comparison
| Key Parameters | Balkrishna Industries Ltd | MRF Ltd | Apollo Tyres Ltd | JK Tyre & Industries Ltd | CEAT Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mumbai | Chennai | Gurugram | New Delhi | Mumbai |
| State/Province | Maharashtra | Tamil Nadu | Haryana | Delhi | Maharashtra |
| No. of Employees | 3,758 | 17,850 | 15,681 | 5,666 | 9,428 |
| Entity Type | Public | Public | Public | Public | Public |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Arvind M. Poddar | Chairman; Managing Director | Executive Board | 2012 | 62 |
| Vipul Shah | Secretary; Director | Executive Board | 2012 | - |
| Rajiv Poddar | Joint Managing Director; Director | Executive Board | 2009 | - |
| Madhusudan Bajaj | Chief Financial Officer; Director - Commercial; Senior Vice President | Senior Management | - | - |
| Ravi Joshi | Deputy Chief Financial Officer | Senior Management | 2024 | 43 |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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