Balkrishna Industries

June 18th, 2013

Balkrishna Industries Limited is a tyre manufacturing company which caters to the Off-The-Road segment. It has successfully gained market share from other established players for the past few years. And there is room for more of the same. Despite operating in a cyclical industry, it has managed to sustain growth by finding a niche segment for itself. Rapid expansion, for which the company has not taken excessive debt, will see around 30,000 mt capacity added in each of the next two years. As it reaches its full production capacity by FY16, there should be a gradual increase in the revenues and the profits of the company.

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