Balkrishna Industries has a good export presence as 83% of FY22 volumes for the company came from exports. The company has a strong presence in Europe, contributing to 51.6% of the total revenue. According to the company’s recent earnings call, the global market share of the company was about 5%-6%. In segmental sales, the agriculture segments had the majority share of 65.5% in volumes for FY22.
Don’t foresee absolute power supply constraint current year: CARE Ratings
Sabyasachi Majumdar of CARE Ratings anticipates that there will be ample electricity available from various sources. The distribution companies’ cooperation is crucial. Despite high costs,