Investor Presentation July 2026

BALKRISHNA INDUSTRIES LTD. Investor Presentation July ‘26 Safe Harbor Investor Presentation This presentation and the accompanying slides (the “Presentation”), which have been prepared by Balkrishna Industries Limited (the “Company”), have been prepared solely for information purposes and do not constitute any offer, recommendation or invitation to purchase or subscribe for any securities, and shall not form the basis or be relied on in connection with any contract or binding commitment whatsoever. No offering of securities of the Company will be made except by means of a statutory offering document containing detailed information about the Company. This Presentation has been prepared by the Company based on information and data which the Company considers reliable, but the Company makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this Presentation. This Presentation may not be all inclusive and may not contain all of the information that you may consider material. Any liability in respect of the contents of, or any omission from, this Presentation is expressly excluded. Certain matters discussed in this Presentation may contain statements regarding the Company’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. These risks and uncertainties include, but are not limited to, the performance of the Indian economy and of the economies of various international markets, the performance of the tire industry in India and world-wide, competition, the company’s ability to successfully implement its strategy, the Company’s future levels of growth and expansion, technological implementation, changes and advancements, changes in revenue, income or cash flows, the Company’s market preferences and its exposure to market risks, as well as other risks. The Company’s actual results, levels of activity, performance or achievements could differ materially and adversely from results expressed in or implied by this Presentation. The Company assumes no obligation to update any forward-looking information contained in this Presentation. Any forward-looking statements and projections made by third parties included in this Presentation are not adopted by the Company and the Company is not responsible for such third party statements and projections. Table of Contents Investor Presentation • Q1FY27 HIGHLIGHTS • GROWTH ROADMAP: GOALS AND STRATEGY • BKT AT A GLANCE • RECENT ACHIEVEMENTS & MILESTONES • SUSTAINABILITY AT BKT Q1FY27 Highlights Q1FY27 Performance highlights Investor Presentation ▪ Contributed ~10% to overall ▪ Started supplies in Commercial Vehicles ▪ Contributed ~90% to overall revenue revenue Tyres i.e. Truck Bus Radial Tires in April 2026 ▪ Sales Volumes at 93,770 MT; ▪ Commissioned the phase 2 of Highest ever quarterly Sales volume carbon black plant taking the total ▪ 2-wheeler tyres product portfolio has capacity to 360,000 MTPA. been introduced with select products ▪ Witnessed stable environment in targeting domesticmarket Europe ▪ For the energy circularity model, already increased captive power ▪ Launched a 24x7 journey assistance ▪ India market performed capacity to 64MW. program named as YOU FORWARD, exceptionally well aimed at two-wheeler riders across India ▪ PCR tires to be launched as per schedule OHT Business Carbon Black On-Highway Business AllFiguresonStandalonebasis Performance Snapshot – Q1FY27 Investor Presentation OHT Sales Volume Revenue EBITDA 93,770MT Rs. 3,409 cr Rs. 703 cr +16% YoY +24% YoY +7% YoY EBITDA Margin Net Profit Dividend* 20.61% Rs. 432 cr Rs. 4/- per equity -315 bps YoY +50% YoY share AllFiguresonStandalonebasis *1stInterimDividend OHT Sales Volume Profile Investor Presentation Segmental Sales Channel Sales Geographical Sales 315,273 317,356 292,921 315,273 317,356 315,273 317,356 11.1% 10.5% 292,628 3.5% 3.7% 292,628 1.5% 1.2% 9.3% 3.3% 1.9% 25.7% 28.7% 28.6% 26.8% 36.3% 36.6% 37.5% 27.0% 36.2% 16.9% 15.2% 13.2% 93,770 93,770 60.5% 59.9% 58.8% 9 53 ., 27 %70 71.1% 72.8% 70.1% 1.3% 9.6% 35.3% 27.1% 47.1% 45.1% 40.0% 39.7% 12.3% 59.5% 71.6% 38.4% FY24 FY25 FY26 Q1FY27 FY24 FY25 FY26 Q1FY27 FY24 FY25 FY26 Q1FY27 Agricultural OTR Others Replacement OEM Others Europe Americas India RoW Sales volumes in MT All Figures on Standalone basis Profit & Loss Investor Presentation Standalone Particulars (Rs in Cr) Q1FY27 Q1FY26 YoY FY26 FY25 YoY Sales (MT) 93,770 80,664 16% 3,17,356 3,15,273 1% Revenue from Operations 3,445 2,760 10,820 10,413 Realized Gain on Foreign Exchange -36 -1 -164 202 Total Income 3,409 2,759 24% 10,656 10,615 0% Raw Material 1,935 1,285 5,301 5,119 (Increase) / Decrease in Stock -200 53 -51 -56 Employee Expenses 153 130 522 494 Other Expenses 819 635 2,462 2,377 EBITDA 703 656 7% 2,423 2,682 -10% EBITDA Margin 20.6% 23.8% 22.7% 25.3% Other Income 68 104 248 267 Unrealized Gain / (Loss) 57 -154 -144 7 Interest & Finance Charges (Net) 42 29 147 125 Depreciation 203 186 764 674 Profit Before Tax 582 391 49% 1,617 2,156 -25% Tax 150 104 395 528 Profit After Tax 432 287 50% 1,222 1,628 -25% PAT Margin 12.7% 10.4% 11.5% 15.3% All Figures on Standalone basis Balance Sheet Investor Presentation Particulars (Rs. Cr.) Mar’26 Mar’25 Particulars (Rs. Cr.) Mar’26 Mar’25 ASSETS EQUITY AND LIABILITIES Non-current assets 12,581 10,040 EQUITY 10,966 10,384 Property, Plant and Equipment 7,297 6,834 Equity Share Capital 39 39 Capital work-in-progress 2,472 985 Other Equity 10,928 10,345 Investment Property 56 61 Other Tangible Assets 3 1 Non-Current Liabilities 1,718 1,013 Right of use Assets 17 17 Financial Liabilities Financial Assets (i)Borrowings 888 387 (i) Investments 1,797 1,562 (ii)Other Financial Liabilities 281 22 (ii) Other Financial Assets 38 106 Provisions 51 43 Income Tax Assets (Net) 25 21 Deferred Tax Liabilities (Net) 317 457 Other non-current assets 875 453 Other Non-Current Liabilities 180 103 Current assets 5,132 5,519 Inventories 1,714 1,716 Current liabilities 5,029 4,163 Financial Assets Financial Liabilities (i) Investments 1,327 1,703 (i) Borrowings 3,161 2,825 (ii) Trade Receivables 1,622 1,611 (ii) Trade Payables 919 746 (iii) Cash and cash equivalents 27 57 (iii) Other Financial Liabilities 584 302 (iv) Bank Balances other than (iii) above 4 6 Other Current Liabilities 359 285 (v) Loans 10 10 Provisions 6 5 (vi) Others 13 91 Tax Liabilities - Other Current Assets 415 327 TOTAL 17,713 15,560 TOTAL 17,713 15,560 All Figures on Standalone basis Growth Roadmap: Goals & Strategy 2.2x Revenue Growth by 2030 Investor Presentation 5year CAGR : ~17% ~ Rs. 10,600cr ~ Rs. 23,000 cr 2025 2030 ~ Rs. 23,000 cr by FY30 OHT Business 3rd Party sales On-Highway of Carbon Black Business 2.2x Revenue Growth by 2030 Investor Presentation Achieve 8% global market 2.2x Revenue share in by FY30 Overall Capex till FY29: Rs. 6,800cr OHT segment OHT Strategy Investor Presentation ▪ Agricultural Tires: To sustain and ▪ The on-going capex of 35,000 MTPA further consolidate global leadership along with De-bottlenecking efforts, the ▪ Mining Tires: Only Indian manufacturer OHT tire capacity will increase to to develop All-Steel Radial technology up 425,000 MTPA enabling us to reach 8% to 57 inches. With full range in both Bias global market share and Radial technologies, the global mining tire market offers a clear runway ▪ Reaching 10% global market remains a for accelerated growth strategic goal, to be pursued through ▪ Established a strong portfolio in Tracks, modular, carefully phased investments. Industrial and Construction tires ▪ Tracks: Expanding of dedicated manufacturing facility for Tracks OHT Strategy Investor Presentation ~70% Revenue Achieve [Showing first 8,000 characters — download PDF for full document]