About
Balkrishna Industries Ltd
Headquartered in Mumbai, India, Balkrishna Industries Limited (BKT) is engaged in the business of manufacturing and selling of Off-Highway Tyres (OHT) in the specialist segments such as Agricultural, Industrial & Construction, Earthmovers & Port, Mining, Forestry, Lawn & Garden and All-Terrain Vehicles (ATV) Tires.
The Company has five state-of-the-art production sites in Aurangabad, Bhiwadi, Chopanki, Dombivali and Bhuj. It operate four subsidiaries in Europe and North America viz. BKT Europe S.r.l. in Seregno, Italy, BKT Tires USA Inc. in Akron, Ohio, BKT Tires Canada Inc. in Toronto, and BKT Tires, Inc. in Brentwood, Tennessee. It sells products in 130 countries worldwide through a network of national distributors.
Balkrishna Industries Ltd was incorporated on November 20, 1961. The Company set up its first plant at Aurangabad in 1987. During the year 2002-03, it acquired the Auto Tyre Plant of Govind Rubber Ltd at Bhiwadi in Rajasthan. During the financial year 2004-05, it launched Tractor Radial Tyres. It expanded production capacity in Bhiwadi unit and Waluj unit to 42000 tpa and 18000 tpa respectively. It installed 5 MW Wind-Farm near Jaisalmer in Rajasthan for captive usage.
In February 2005, the company has set up a 100% subsidiary company in UK under the name of BKT (Europe) Ltd to promote sales and marketing of the products of their tyre division in Europe which commenced their business activities on April 1, 2005. The company expanded the production capacity in Bhiwadi unit by 3000 tpa to 45000 tpa.
In August 30, 2006, the company incorporated BKT Europe srl in Italy as a wholly owned subsidiary company and in January 2007 they incorporated BKT Exim Ltd as a wholly owned subsidiary. Also they incorporated Balkrishna Paper Mills Ltd and Balkrishna Synthetic Ltd in March 2007 as wholly owned subsidiary companies to facilitate the transfer of their paper and textile processing business respectively.
During the year 2006-07, the company increased the production capacity in Bhiwadi unit from 45000 tpa to 48000 tpa and Waluj unit from 18000 tpa to 22000 tpa. Also, the company introduced the product 'Premium Super Chromo Board' in the market.
The company has three business activities under their umbrella namely tyre, paper and textile processing. The tyre business is a focused business activity of the company that constitutes more than 80% of company's total business and by virtue of this becomes their core business. In order to pay more attention to their various business activities, the company transferred their Paper business and Textile Processing business to their wholly owned subsidiaries, Balkrishna Paper Mills Ltd and Balkrishna Synthetic Ltd respectively with effect from April 1, 2007.
During the year 2007-08, BKT Tyres Pvt Ltd became the subsidiary of the company. Also BKT (Europe) Ltd and BKT Europe srl ceased to be the subsidiaries of the company due to the disinvestment by the company.In 2009, the company's turnover crossed the Rs 1000 crore milestone.
On 3 January 2011, Balkrishna Industries informed the stock exchanges that the company has repaid 4.5% Foreign Currency Convertible Bonds (FCCB) (Series B) of USD 22 million along with redemption premium due thereon on due date i.e.30 December 2010, which was raised by the company during the financial year 2005-2006.
During the year 2012-13, Balkrishna Industries carried out a modernization scheme at its existing plants by adding balancing equipments, with a view to remove debottlenecking and marginally improve production capacity. The capex cost amounted to Rs 145 crore.
The Board of Directors of Balkrishna Industries at its meeting held on 30 January 2014 approved a scheme of arrangement under sections 391 to 394 of the Companies Act, 1956 for amalgamation of Balkrishna Paper Mills Limited (a wholly owned subsidiary) with the company and demerger of the Paper board business division, together with investment in Balkrishna Synthetics Ltd., on a going concern basis in to Nirvikara Paper Mills Limited. Upon completion of the Scheme, Nirvikara Paper Mills Ltd. will issue and allot 1(one) fully paid up equity share of Rs. 10 each for every 9 (nine) equity shares held in the company as on the Record Date to be fixed for this purpose after receipt of all approvals. The proposed scheme of arrangement will re-organize and segregate the paper board business division, together with investment in Balkrishna Synthetics Ltd., as a separate listed entity resulting in a focused independent management, streamline the operations and provide access to varied sources of raising funds to achieve the growth potential of paper board business.
In 2015, the company completed its Greenfield tyre plant project at Bhuj , Gujarat.
The Board of Directors of Balkrishna Industries at its meeting held on 18 May 2016 approved the Scheme of Amalgamation of its wholly owned subsidiary company M/s. BKT Exim Limited (Transferor Company) into itself under sections 391 to 394 and any other applicable provisions of the Companies Act, 1956 and Companies Act, 2013, to the extent notified and applicable (the Scheme).
The Board of Directors of Balkrishna Industries at its meeting held on 29 July 2017 approved the setting up of a Carbon Black project as a backward integration project at its Bhuj Plant with an initial annual capacity of 60,000 MTs at an estimated capital outlay of Rs 150 crore.
The Board of Directors of Balkrishna Industries at its meeting held on 11 November 2017 recommended the issue of Bonus Shares in the ratio of one bonus equity share for every one existing equity share held on record date.
On 27th December, 2017, the Company has allotted 9,66,58,595 Equity Shares of Rs 2 each as fully Paid Up Bonus Shares in the ratio of 1:1 to all registered Shareholders, as on record date by Capitalisation of Reserves.
The Hon'ble National Company Law Tribunal (NCLT) Mumbai bench, has sanctioned the Scheme of Amalgamation of BKT EXIM Limited (100% wholly owned Subsidiary Company) with Balkrishna Industries Limited, on 24th January, 2018 and a copy of the NCLT order was received by the Company on 9th February, 2018, which the Board has taken on Record. The appointment date of the scheme was 1st April, 2015.
As on 31 March 2018, the Company had following wholly owned subsidiary companies namely BKT Tyres Limited, Thristha Synthetics Limited and following Overseas Subsidiary Companies namely BKT EUROPE S.R.L., BKT USA INC, BKT TIRES (CANADA) INC., BKT EXIM US, INC and subsidiary of BKT EXIM US, INC - BKT TIRES INC.
The Company had started the Carbon Project during the financial year 2017-18 with a capacity of 60,000 MTs p.a. The company revised the said capacity to 1,40,000 MTs p.a during the financial year under consideration. The total capital outlay for full capacity of 1,40,000 MTs is estimated at Rs 42,500 Lakhs. The first phase of project of 60,000 MTs is almost complete and company is in the process of giving a finishing touch to it and hoping to commence commercial production by end of June 2019. The second phase of 80,000 MTs capacity is likely to be completed by financial year 2020-21.
The Company have approved a Capex plan for setting up a Greenfield tire plant in United State of America (USA) with a capacity of 20,000 MTs p.a through its wholly owned subsidiary company in USA. The board has approved total investment upto USD 100 million.After reviewing various aspects of the project in the backdrop of various challenging economic and business environment, , the Board of the Directors at their meeting held on 8th February, 2021 decided to shelve the project.
During the year 2018-19, Thristha Synthetics Limited, the wholly owned subsidiary of your Company, incorporated in year 2013, has voluntarily made an application with the Registrar of Companies (ROC), Mumbai, Ministry of Corporate Affairs, for striking off its name from the records of ROC.
As on 31 March 2019,the Company had following wholly owned subsidiary companies namely BKT Tyres Limited and following Overseas Subsidiary Companies namely BKT EUROPE S.R.L., BKT USA INC, BKT TIRES (CANADA) INC., BKT EXIM US, INC and subsidiary of BKT EXIM US, INC - BKT TIRES INC.
The Second phase of the Carbon Black project was completed on 12th March, 2020 with a capacity of 80,000 tons per annum. The first Phase of 60,000 tons per annum capacity was already completed in the month of June, 2018.
The Green Field Tire project at Waluj Plant was progressing as per schedule, however due to COVID-19, the work was temporarily shut from 25th March, 2020. The project work resumed after the lockdown was lifted. Thereafter the project work resumed gradually after the lockdown was lifted. Considering the present uncertain situation, this project is expected to be completed by 30th September, 2021.
The various activities such as setting up of ultra large sized all steel OTR Radial Tire Plant, expansion of mixing facility and setting up of a warehouse at Bhuj plant were progressing as per schedule. However, due to COVID-19, the work was temporarily shut from 25th March, 2020. The project work resumed after the lockdown was lifted. Expansion of mixing facility and enhancing the warehousing capacity has been completed and setting up of ultra large sized all steel OTR Radial Tire Plant is completed and undergoing final trial run.
As on 31 March 2021, the Company had one Domestic and Four Overseas Wholly Owned Subsidiary Companies (WOS). The domestic WOS is known as BKT Tires Limited and the Overseas WOS are BKT EUROPE S.R.L., BKT USA INC, BKT TIRES (CANADA) INC., BKT EXIM US, INC. The Company also has one step down subsidiary in the name of BKT Tires Inc. based in USA which is a 100% subsidiary of BKT Exim US, INC.
During FY 2020-21, Company commenced set up of Brownfield and Debottlenecking project along with addition of balancing and ancillary equipment at their plant located at Bhuj. It embarked to enhance the installed capacity of Carbon Black from an achievable capacity 1,15,000 MTPA to 2,00,000 MTPA including 30,000 MTPA of high value of advanced carbon black material. It completed expansion of mixing facility and enhancing the warehousing capacity. It commissioned setting up of ultra large sized all steel OTR Radial Tire Plant, which is presently undergoing trial run.
During year 2022-23, the Company expanded the capacity to manufacture Carbon Black from 1,15,000 MTPA to 2,00,000 MTPA in December, 2022 leading to an increase in the capacity of power generation in Captive Power Plant. It commissioned modernization, automation and technology upgradation at its Bhiwadi, Chopanki and Bhuj Plants. The expansion capacity of 55,000 MTPA at new Waluj Plant was completed.
Balkrishna Industries Ltd
Chairman Speech
Incredible milestones are never achieved by an individual, but by a team
Dear Shareholders,
It gives me great pleasure to present our Annual Report for 2021-22. Our success over
the past six decades is a testimony to the quality of our people, products, strong
relationships with our stakeholders and the strength of our brand at a global level.
Besides, quality and innovation, strong leadership have further allowed us to build a
resilient business model and emerge as a globally renowned brand with a strong market
share.
How the year unfolded?
At the start of the year, we faced great uncertainty across our markets due to the
second wave of COVID. The well-being of our employees continued to remain a priority while
ensuring
business continuity. Despite the enormous challenges of operating through COVID-19, our
team worked tirelessly to ensure that we meet the needs of our customers. As the year
unfolded further, the geopolitical situation created unprecedented supply chain related
disruptions, impacting both pricing as well as raw materials availability. The logistics
and freight costs continued to remain at elevated levels. But on a positive side, our end
user markets were buoyant despite inflationary trends. As in the past we gained market
share as the off-highway tire industry witnessed higher uptake on an account of healthy
demand across mining and agricultural markets.
Performance
Our performance in 2021-22, demonstrates the outcome of our long-term strategy to
capitalise on our increasing scale while, at the same time, maintaining the business
agility. We reported strong revenues of Rs 8,697 Crores and volumes of 2,88,795 MTPA, both
growing annually by 46% and 27% respectively. Our EBITDA increased by 23% and stood at Rs
2,406 Crores with strong margins of 27%. The profit after tax increased by 22% and stood
at Rs 1,411 Crores.
Exports accounts for 83% of our sales out of which 54% is Europe, 17% is US and rest of
the world is 12%. The remaining 17% is domestic sales. We continued to remain the
preferred choice of our customers and we further aim at maintaining leadership in product
quality, delivery reliability and technical expertise.
Progress on OUR Capex
During the year, we made significant progress with our capex plan. We commissioned the
greenfield plant at Waluj (Waluj 2) during the year. Further, We also commissioned the
brownfield tire plant at Bhuj (almost 6 months ahead of schedule) and are expecting a
complete ramp up in production by second half of 2022-23. Post commissioning of these
capacities and at full ramp up, we will achieve a total capacity profile of 3,60,000 MTPA.
For FY23, we are targeting sales volume of 3,20,000 MT to 3,30,000 MT
People and Community
At BKT, we foster a diverse and inclusive work environment across our areas of
operations. We have always focused on diversity and inclusion and providing equal growth
opportunities to our team. The result is visible in the success we have achieved over the
years. We always value employee feedback and always strive to create a workplace where
everyone feels welcome, supported and valued.
Running our business responsibly is vital to our long-term success, as the decisions we
make may have consequences for the economy, society and the environment. Our approach to
corporate social responsibility and our initiatives in promoting education, health and
rural development adds
value to a larger section of the society. Besides our all-round efforts around
Environmental, Social and Governance (ESG) factors and dedicated targets, further drives
the business sustainability.
Strategic Way Ahead
In the first half of the seventh decade, we are now embarking on a mission to double
our global market share from ~5.5% to 10%. We shall continue to expand our capacities to
achieve this mission.
This would be aptly supported by our strategic endeavours towards enhancing market
reach, improving penetration in the US markets, expanding product portfolio, strengthening
distribution channel in the Indian markets and increasing utilisation levels. Besides, we
will continue to build our brand visibility by associating with several sports events
across the globe.
Closing Note
I wish to take this opportunity to thank my colleagues on the Board for their
invaluable guidance and support. My sincere appreciation also goes out to our management
and execution team for their untiring efforts and commitment. Finally, I wish to extend my
appreciation to all our stakeholders who have been a key support to our growth over the
years. Notwithstanding
the near-term uncertainties, it is truly an outstanding time to be part of this
industry and we are excited about the opportunities and the next leg of our growth. We
have delivered 60 years of excellence and we consider this is only the beginning.
| Best Wishes, |
| Chairman & Managing Director |
| Arvind Poddar |
  Â
Balkrishna Industries Ltd
Company History
Headquartered in Mumbai, India, Balkrishna Industries Limited (BKT) is engaged in the business of manufacturing and selling of Off-Highway Tyres (OHT) in the specialist segments such as Agricultural, Industrial & Construction, Earthmovers & Port, Mining, Forestry, Lawn & Garden and All-Terrain Vehicles (ATV) Tires.
The Company has five state-of-the-art production sites in Aurangabad, Bhiwadi, Chopanki, Dombivali and Bhuj. It operate four subsidiaries in Europe and North America viz. BKT Europe S.r.l. in Seregno, Italy, BKT Tires USA Inc. in Akron, Ohio, BKT Tires Canada Inc. in Toronto, and BKT Tires, Inc. in Brentwood, Tennessee. It sells products in 130 countries worldwide through a network of national distributors.
Balkrishna Industries Ltd was incorporated on November 20, 1961. The Company set up its first plant at Aurangabad in 1987. During the year 2002-03, it acquired the Auto Tyre Plant of Govind Rubber Ltd at Bhiwadi in Rajasthan. During the financial year 2004-05, it launched Tractor Radial Tyres. It expanded production capacity in Bhiwadi unit and Waluj unit to 42000 tpa and 18000 tpa respectively. It installed 5 MW Wind-Farm near Jaisalmer in Rajasthan for captive usage.
In February 2005, the company has set up a 100% subsidiary company in UK under the name of BKT (Europe) Ltd to promote sales and marketing of the products of their tyre division in Europe which commenced their business activities on April 1, 2005. The company expanded the production capacity in Bhiwadi unit by 3000 tpa to 45000 tpa.
In August 30, 2006, the company incorporated BKT Europe srl in Italy as a wholly owned subsidiary company and in January 2007 they incorporated BKT Exim Ltd as a wholly owned subsidiary. Also they incorporated Balkrishna Paper Mills Ltd and Balkrishna Synthetic Ltd in March 2007 as wholly owned subsidiary companies to facilitate the transfer of their paper and textile processing business respectively.
During the year 2006-07, the company increased the production capacity in Bhiwadi unit from 45000 tpa to 48000 tpa and Waluj unit from 18000 tpa to 22000 tpa. Also, the company introduced the product 'Premium Super Chromo Board' in the market.
The company has three business activities under their umbrella namely tyre, paper and textile processing. The tyre business is a focused business activity of the company that constitutes more than 80% of company's total business and by virtue of this becomes their core business. In order to pay more attention to their various business activities, the company transferred their Paper business and Textile Processing business to their wholly owned subsidiaries, Balkrishna Paper Mills Ltd and Balkrishna Synthetic Ltd respectively with effect from April 1, 2007.
During the year 2007-08, BKT Tyres Pvt Ltd became the subsidiary of the company. Also BKT (Europe) Ltd and BKT Europe srl ceased to be the subsidiaries of the company due to the disinvestment by the company.In 2009, the company's turnover crossed the Rs 1000 crore milestone.
On 3 January 2011, Balkrishna Industries informed the stock exchanges that the company has repaid 4.5% Foreign Currency Convertible Bonds (FCCB) (Series B) of USD 22 million along with redemption premium due thereon on due date i.e.30 December 2010, which was raised by the company during the financial year 2005-2006.
During the year 2012-13, Balkrishna Industries carried out a modernization scheme at its existing plants by adding balancing equipments, with a view to remove debottlenecking and marginally improve production capacity. The capex cost amounted to Rs 145 crore.
The Board of Directors of Balkrishna Industries at its meeting held on 30 January 2014 approved a scheme of arrangement under sections 391 to 394 of the Companies Act, 1956 for amalgamation of Balkrishna Paper Mills Limited (a wholly owned subsidiary) with the company and demerger of the Paper board business division, together with investment in Balkrishna Synthetics Ltd., on a going concern basis in to Nirvikara Paper Mills Limited. Upon completion of the Scheme, Nirvikara Paper Mills Ltd. will issue and allot 1(one) fully paid up equity share of Rs. 10 each for every 9 (nine) equity shares held in the company as on the Record Date to be fixed for this purpose after receipt of all approvals. The proposed scheme of arrangement will re-organize and segregate the paper board business division, together with investment in Balkrishna Synthetics Ltd., as a separate listed entity resulting in a focused independent management, streamline the operations and provide access to varied sources of raising funds to achieve the growth potential of paper board business.
In 2015, the company completed its Greenfield tyre plant project at Bhuj , Gujarat.
The Board of Directors of Balkrishna Industries at its meeting held on 18 May 2016 approved the Scheme of Amalgamation of its wholly owned subsidiary company M/s. BKT Exim Limited (Transferor Company) into itself under sections 391 to 394 and any other applicable provisions of the Companies Act, 1956 and Companies Act, 2013, to the extent notified and applicable (the Scheme).
The Board of Directors of Balkrishna Industries at its meeting held on 29 July 2017 approved the setting up of a Carbon Black project as a backward integration project at its Bhuj Plant with an initial annual capacity of 60,000 MTs at an estimated capital outlay of Rs 150 crore.
The Board of Directors of Balkrishna Industries at its meeting held on 11 November 2017 recommended the issue of Bonus Shares in the ratio of one bonus equity share for every one existing equity share held on record date.
On 27th December, 2017, the Company has allotted 9,66,58,595 Equity Shares of Rs 2 each as fully Paid Up Bonus Shares in the ratio of 1:1 to all registered Shareholders, as on record date by Capitalisation of Reserves.
The Hon'ble National Company Law Tribunal (NCLT) Mumbai bench, has sanctioned the Scheme of Amalgamation of BKT EXIM Limited (100% wholly owned Subsidiary Company) with Balkrishna Industries Limited, on 24th January, 2018 and a copy of the NCLT order was received by the Company on 9th February, 2018, which the Board has taken on Record. The appointment date of the scheme was 1st April, 2015.
As on 31 March 2018, the Company had following wholly owned subsidiary companies namely BKT Tyres Limited, Thristha Synthetics Limited and following Overseas Subsidiary Companies namely BKT EUROPE S.R.L., BKT USA INC, BKT TIRES (CANADA) INC., BKT EXIM US, INC and subsidiary of BKT EXIM US, INC - BKT TIRES INC.
The Company had started the Carbon Project during the financial year 2017-18 with a capacity of 60,000 MTs p.a. The company revised the said capacity to 1,40,000 MTs p.a during the financial year under consideration. The total capital outlay for full capacity of 1,40,000 MTs is estimated at Rs 42,500 Lakhs. The first phase of project of 60,000 MTs is almost complete and company is in the process of giving a finishing touch to it and hoping to commence commercial production by end of June 2019. The second phase of 80,000 MTs capacity is likely to be completed by financial year 2020-21.
The Company have approved a Capex plan for setting up a Greenfield tire plant in United State of America (USA) with a capacity of 20,000 MTs p.a through its wholly owned subsidiary company in USA. The board has approved total investment upto USD 100 million.After reviewing various aspects of the project in the backdrop of various challenging economic and business environment, , the Board of the Directors at their meeting held on 8th February, 2021 decided to shelve the project.
During the year 2018-19, Thristha Synthetics Limited, the wholly owned subsidiary of your Company, incorporated in year 2013, has voluntarily made an application with the Registrar of Companies (ROC), Mumbai, Ministry of Corporate Affairs, for striking off its name from the records of ROC.
As on 31 March 2019,the Company had following wholly owned subsidiary companies namely BKT Tyres Limited and following Overseas Subsidiary Companies namely BKT EUROPE S.R.L., BKT USA INC, BKT TIRES (CANADA) INC., BKT EXIM US, INC and subsidiary of BKT EXIM US, INC - BKT TIRES INC.
The Second phase of the Carbon Black project was completed on 12th March, 2020 with a capacity of 80,000 tons per annum. The first Phase of 60,000 tons per annum capacity was already completed in the month of June, 2018.
The Green Field Tire project at Waluj Plant was progressing as per schedule, however due to COVID-19, the work was temporarily shut from 25th March, 2020. The project work resumed after the lockdown was lifted. Thereafter the project work resumed gradually after the lockdown was lifted. Considering the present uncertain situation, this project is expected to be completed by 30th September, 2021.
The various activities such as setting up of ultra large sized all steel OTR Radial Tire Plant, expansion of mixing facility and setting up of a warehouse at Bhuj plant were progressing as per schedule. However, due to COVID-19, the work was temporarily shut from 25th March, 2020. The project work resumed after the lockdown was lifted. Expansion of mixing facility and enhancing the warehousing capacity has been completed and setting up of ultra large sized all steel OTR Radial Tire Plant is completed and undergoing final trial run.
As on 31 March 2021, the Company had one Domestic and Four Overseas Wholly Owned Subsidiary Companies (WOS). The domestic WOS is known as BKT Tires Limited and the Overseas WOS are BKT EUROPE S.R.L., BKT USA INC, BKT TIRES (CANADA) INC., BKT EXIM US, INC. The Company also has one step down subsidiary in the name of BKT Tires Inc. based in USA which is a 100% subsidiary of BKT Exim US, INC.
During FY 2020-21, Company commenced set up of Brownfield and Debottlenecking project along with addition of balancing and ancillary equipment at their plant located at Bhuj. It embarked to enhance the installed capacity of Carbon Black from an achievable capacity 1,15,000 MTPA to 2,00,000 MTPA including 30,000 MTPA of high value of advanced carbon black material. It completed expansion of mixing facility and enhancing the warehousing capacity. It commissioned setting up of ultra large sized all steel OTR Radial Tire Plant, which is presently undergoing trial run.
During year 2022-23, the Company expanded the capacity to manufacture Carbon Black from 1,15,000 MTPA to 2,00,000 MTPA in December, 2022 leading to an increase in the capacity of power generation in Captive Power Plant. It commissioned modernization, automation and technology upgradation at its Bhiwadi, Chopanki and Bhuj Plants. The expansion capacity of 55,000 MTPA at new Waluj Plant was completed.
Balkrishna Industries Ltd
Directors Reports
Balkrishna Industries Ltd
Company Background
| Incorporation Year | 1961 |
| Registered Office | B-66 Walu MIDC,Waluj Industrial Area
Aurangabad.,Maharashtra-431136 |
| Telephone | 91-0240-6646950/66663800,Managing Director |
| Fax | 91-0240-2554143/66663898 |
Arvind PoddarArvind Poddar| Company Secretary | Vipul Shah |
| Auditor | Jayantilal Thakkar & Co |
| Face Value | 2 |
| Market Lot | 1 |
| Listing | BSE,MSEI ,NSE, |
| Registrar | KFin Techologies Ltd
Karvy Selenium Tow-B,31&32 Financial Dist,Nanakramguda ,Hyderabad-500032 |
Balkrishna Industries Ltd
Company Management
| Director Name | Director Designation | Year |
|---|
| Arvind Poddar | Chairman & Managing Director | 2023 |
| Rajiv Poddar | Joint Managing Director | 2023 |
| Vipul Shah | Whole-time Director & CS | 2023 |
| Vijaylaxmi Poddar | Director | 2023 |
| Pannkaj Chimanlal Ghadiali | Independent Director | 2023 |
| Shruti Shah | Independent Director | 2023 |
| Sandeep Junnarkar | Independent Director | 2023 |
| Rajendra Hingwala | Independent Director | 2023 |
| Rahul Dutt | Additional Director | 2023 |
| Laxmidas Merchant | Independent Director | 2023 |
Balkrishna Industries Ltd
Listing Information
| Listing Information |
|---|
| BSE_500 |
| BSE_200 |
| BSEDOLLEX |
| CNX500 |
| BSEAUTO |
| BSEMID |
| CNXMIDCAP |
| CNXINFRAST |
| CNXMID50 |
| CNXAUTO |
| CNX200 |
| BSEALLCAP |
| GOODSSERVI |
| MID150 |
| LMI250 |
| MSL400 |
| NFTYLM250 |
| NFTYMC150 |
| NFTYMSC400 |
| NFTM150Q50 |
| NF500M5025 |
| NFTYINDMFG |
| NFTYTOTMKT |
| NMIM503020 |
| NMIF503020 |
Balkrishna Industries Ltd
Finished Product
| Product Name | Unit | Installed
Capacity | Production
Quantity | Sales
Quantity | Sales
Value |
|---|
| Sale of Products | NA | 0 | 0 | 0 | 9697.12 |
| Export Incentives | NA | 0 | 0 | 0 | 70.67 |
| Scrap Sales | NA | 0 | 0 | 0 | 33.83 |
| Other Operating Revenues | NA | 0 | 0 | 0 | 8.9 |
| Others | NA | 0 | 0 | 0 | 0 |
| Processing Charges | NA | 0 | 0 | 0 | 0 |
| Pulp | MT | 0 | 0 | 0 | 0 |
| Power-Wind Mill | Kwh | 0 | 0 | 0 | 0 |
| Power-Wind Mill | MW | 0 | 0 | 0 | 0 |
| Tubes | No | 0 | 0 | 0 | 0 |
| Tyres | No | 0 | 0 | 0 | 0 |
| Tyre Flaps | No | 0 | 0 | 0 | 0 |
| Paper/Paperboard | MT | 0 | 0 | 0 | 0 |
| Fabrics | Mtr | 0 | 0 | 0 | 0 |
| Wheel Rims-HCV/LCV | No | 0 | 0 | 0 | 0 |