A thread on Balkrishna Industries Ltd
FY 2022 vs 2021
⚡️Sales (MT) 288,795 vs 227,131 up by 27%
⚡️Revenue 8419 cr vs 5740 cr up by 47%
⚡️EBITDA 2182 cr vs 1810 cr up by 21%
⚡️PAT 1411 cr vs 1155 cr up by 22%
#balkrishan #bkt #balkrishnaind #investing #tyres
FY 2022 vs 2021
⚡️Sales (MT) 288,795 vs 227,131 up by 27%
⚡️Revenue 8419 cr vs 5740 cr up by 47%
⚡️EBITDA 2182 cr vs 1810 cr up by 21%
⚡️PAT 1411 cr vs 1155 cr up by 22%
#balkrishan #bkt #balkrishnaind #investing #tyres
Sales Volume profile
FY23 Guidance : 320,000 MT – 330,000 MT
FY23 Guidance : 320,000 MT – 330,000 MT
#Capex update
⚡️Achievable capacity by end of FY23 will be 360,000 MT p.a
⚡️Capex investment of Rs. 350cr announced at Old Waluj Plant in November 2021 is kept on hold.
⚡️Achievable capacity by end of FY23 will be 360,000 MT p.a
⚡️Capex investment of Rs. 350cr announced at Old Waluj Plant in November 2021 is kept on hold.
Key Management updates:
⚡️Increase share of business in USA markets by increasing supplies from India
⚡️Expand the product portfolio by adding large sized tires and strengthen relationship with Customer base
⚡️Reach 100% utilization levels at Bhuj Plant in the next few years
⚡️Increase share of business in USA markets by increasing supplies from India
⚡️Expand the product portfolio by adding large sized tires and strengthen relationship with Customer base
⚡️Reach 100% utilization levels at Bhuj Plant in the next few years
Other updates:
⚡️BKT is India’s Leading player in the Global ‘Off Highway Tire (OHT)’ Market
⚡️BKT is the Official and Exclusive Tire manufacturer of MONSTER JAM and its fleet of Monster Trucks – Monster Jam is a top sporting event in America
⚡️BKT is India’s Leading player in the Global ‘Off Highway Tire (OHT)’ Market
⚡️BKT is the Official and Exclusive Tire manufacturer of MONSTER JAM and its fleet of Monster Trucks – Monster Jam is a top sporting event in America
Expanding BKT's brand globally by sponsoring and advertisement's in various sports as it has wider reach
⚡️Title Sponsor of Continental Cup (Canada)
⚡️Official Global Partner for the Spanish Football League “La Liga (Spain)
⚡️Title Sponsor of Continental Cup (Canada)
⚡️Official Global Partner for the Spanish Football League “La Liga (Spain)
⚡️Title Sponsor for the ITALIAN SERIE ‘B’ FOOTBALL CHAMPIONSHIP – THE NEWBORN - “SERIE BKT” (Italy)
⚡️Sponsor for the “LIGUE de Football Professionel (LFP)” in France
⚡️Official Tire Supplier for Rugby World Cup France 2023
⚡️Sponsor for the “LIGUE de Football Professionel (LFP)” in France
⚡️Official Tire Supplier for Rugby World Cup France 2023
⚡️Official “OFF-HIGHWAY TIRE PARTNER” for KFC BIG BASH LEAGUE (AUSTRALIA)
⚡️Official Partner of Teams in the Cricket T20 League IPL for Season 14
⚡️Partnership with Teams in the Indian Football League
⚡️Ranveer Singh is now the Brand Ambassador of BKT
⚡️Official Partner of Teams in the Cricket T20 League IPL for Season 14
⚡️Partnership with Teams in the Indian Football League
⚡️Ranveer Singh is now the Brand Ambassador of BKT
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