BKT posts 35% H1 revenue growth and targets Rs 23,000 crore by FY30

Management guided margin improvementOrder pipeline disclosedMulti-year targets disclosedInvestor Communications View source PDF Explain this filing

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Price reactionminutes from the announcement price · days from the prior close

+8.0%Reaction day

₹2223.90

prior close

₹2294.00

announcement price

After-mkt

timing

Nifty Midcap 150market+1.9%+6.1% vs market

Tyres & Rubber Products peers, median of 15sector+1.5%+6.5% vs sector

On the reaction day the stock moved 6.1 pts more than Nifty Midcap 150 and 6.5 pts more than its Tyres & Rubber Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-0.4

10m

-0.1

15m

+1.6

30m

+4.7

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

+8.0+1.9+6.1+1.5+6.5

Next day

+8.4pendingpending+1.8+6.6

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15d

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UpDownMarket · Nifty Midcap 150Sector · Tyres & Rubber Products peers, median of 15Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

H1 FY27 revenue rose 35% to Rs 6,859 crore and net profit rose 31% to Rs 723 crore, but EBITDA margin fell from 22.7% to 19.4%. BKT targets about Rs 23,000 crore revenue in FY30: 70% from off-highway tires, 10% carbon black and 20% on-road tires. Pirelli supply is planned at 800,000 tires in 2030. A 50:50 passenger car tire joint venture is targeted by December 2030, and management expects 23% to 25% EBITDA margins after commercialization.

Likely market impact

Long-term growth is supported by FY30 targets and Pirelli partnership, but margin pressure and rising borrowings may weigh on near-term performance.