Balkrishna Industries Ltd | Off Road Tyre Company

Balkrishna Industries Ltd 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).

  • Paid up Capital: ₹3,866 Lakhs
  • Total Turnover: ₹5,75,792 Lakhs
  • Total profit after taxes: ₹1,15,538 Lakhs
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Balkrishna Industries Ltd is primarily engaged into Specialty “Off Highway Tire segment” which is consisting of

  • Agriculture,
  • Industrial,
  • Construction,
  • Earthmoving,
  • Mining,
  • Port,
  • Lawn and
  • Garden and
  • All-Terrain Vehicle (ATVs) Tires, etc.

This segment is highly technical & capital intensive and known as “large varieties low volume segment” where any credible player needs to maintain large number of Stock Keeping Units (SKUs) to meet the diverse requirement of its customers worldwide.

Profile of Balkrishna Industries Ltd

Balkrishna Industries Ltd is a public limited company incorporated and domiciled in India and has its registered office at Waluj MIDC, Aurangabad, Maharashtra, India

While the group foundation dates back to the 1950s, Balkrishna Industries Limited (BKT) started its Off-Highway tire business in 1987. For over 30 years, BKT has successfully focused on specialist segments such as agricultural, construction and industrial as well as earthmoving, port and mining, ATV, and gardening applications.

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While the sub segment (agriculture) is largely known as non-cyclical in nature, the other sub segment (industrial, construction and mining) is generally considered as cyclical and the performance of it is largely linked to overall economic outlook of the world. BKT is India’s Leading player in the Global ‘Off Highway Tire (OHT)’ Market

  • Capacities of ~285,000 M.T.P.A
  • Corporate Identity Number (CIN) of the Company: L99999MH1961PLC012185
  • Name of the Company: Balkrishna Industries Ltd.
  • Registered address: B-66, Waluj MIDC, Waluj Industrial Area, Aurangabad, 431136 –
    Maharashtra.
  • Website: www.bkt-tires.com
  • E-mail id: shares@bkt-tires.com

The Company has Sales to over 160 countries through Distribution network in Americas, Europe, India and Rest of the World. The market for Company’s products is mainly Europe, America, Australasia and India. The company offer an extensive product range of over 2,700 high-performance specialist tires.

  • Arvind Poddar – Chairman & Managing Director
  • Rajiv Poddar – Joint Managing Director
  • Vipul Shah – Whole Time Director & Company Secretary

Products of Balkrishna Industries off road tyres

Balkrishna Industries Limited 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).

The key product range of Company is Specialty Tires commonly known as “Off Highway Tires” which caters to Agriculture, Industrial, Construction, Earthmoving, Mining, Port, Lawn and Garden and All-Terrain Vehicle (ATVs) Tires.

The Company’s Carbon Black Product which is mainly used for captive and partly sold in Market has been well accepted in terms of quality. The Tire segment is highly technical & capital intensive and known as “large varieties low volume segment” where any credible player needs to maintain large number of Stock Keeping Units (SKUs) to meet the diverse requirement of its customers worldwide.

Apart from this, it needs to service its clients pre & post sales. While the sub segment (agriculture) is largely known as non-cyclical in nature, the other sub segment (industrial, construction and mining) is generally considered as cyclical and the performance of it is largely linked to overall economic outlook of the world. The market for Company’s range of tires is mainly Europe, America, Australasia and India.

Subsidiaries of Balkrishna Industries Limited

The following are the direct and Indirect Subsidiaries of Balkrishna Industries Ltd

  • BKT Tyres Limited, India
  • Thristha Synthetics Limited (Upto 16th August, 2018), India
  • BKT EUROPE S.R.L., Italy
  • BKT TIRES (CANADA) INC., Canada
  • BKT USA INC., USA
  • BKT EXIM US, INC., USA
  • Indirect Subsidiaries – BKT TIRES INC. USA

Thristha Synthetics Limited, a 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 after meeting / discharging all the necessary requirements for striking off.

The Company has 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.

Plants and Manufacturing Locations

The following are the list of Plants and Manufacturing Locations

Tire Manufacturing :

List of Tire Manufacturing Locations and their address.

  1. B-66, Waluj MIDC, Waluj Industrial Area, Aurangabad 431 136 (Maharashtra)
  2. SP-923, RIICO Industrial Area, Phase-III, P.O. Bhiwadi 301 019, District – Alwar (Rajasthan)
  3. A-300-305 & E-306-313 RIICO Industrial Area, Chopanki P.O. Bhiwadi 301 707, District – Alwar (Rajasthan)
  4. Bhuj Bhachau Road, S.H.No.42, Village Padhdhar, Taluka Bhuj 370 105, District – Kutch (Gujarat).

Carbon Black Manufacturing: Bhuj Bhachau Road, S.H.No.42, Village Padhdhar,
Taluka Bhuj 370 105, District – Kutch (Gujarat).

Registered Office and Corporate Office

REGISTERED OFFICE:
B-66, Waluj MIDC, Waluj Industrial Area,
Aurangabad 431 136 (Maharashtra)

CORPORATE OFFICE:
BKT House, C/15, Trade World, Kamala Mills Compound,
Senapati Bapat Marg, Lower Parel (W), Mumbai 400 013
(Maharashtra)

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