Varroc Aims To Leverage GPS And ABS Sensors To Provide TPMS Data

Varroc

The Tyre Pressure Monitoring System (TPMS) tech, despite its huge safety benefit, is still seen as a premium feature in most mass-market passenger vehicle segment and two-wheelers in India. Aurangabad-based component supplier Varroc’s Indirect TPMS with over 90 percent accuracy aims to make smart inroads. Tier 1 automotive supplier Varroc is looking to harness the data from GPS sensor and Anti-Lock Braking System (ABS) sensors to provide tyre pressure information to two-wheelers and four-wheelers. 

The company is looking to make smart gains through Indirect Tyre Pressure Monitoring Systems (ITPMS), which rely on existing sensors in a vehicle to generate the information without compromising on quality and time-lag.

Fritz Abraham, Chief Technology Officer, Varroc, told Tyre Trends that “the direct TPMS uses pressure sensors at the air inlet of each tyre and communicates the information to the vehicle dashboard using wireless communication or through complex harness. This is not only expensive but also require heavy maintenance. If there exists a solution that can use the existing sensors and provide the information of tyre pressure, it is the ‘Indirect/Intelligent Tyre Pressure Monitoring System’. This system provides information of the tyre pressure without the need of a pressure sensor.”

The radius of the tyre changes with respect to air pressure and hence the linear displacement per one rotation of tyre changes with respect to the pressure. The linear displacement can also be measured using GPS by calculating the rotational speed of the wheel and radius of the tyre.

The ITPMS solution simply put is a software stack that can be integrated with Varroc’s cluster and telematics solutions. The machine learning (ML) software analyses various parameters set by the company to provide tyre pressure reading to the user. Since it does not require any additional TPMS hardware, it is substantially cheaper compared to solutions using battery-based sensors.

“The ITPMS exploits the deviations in linear displacement with respect to wheel rotations and predicts the tyre pressure. This relation is not straightforward; it is a complex method to derive the mathematical equations. Hence, ML techniques are used to quantify the relation,” said Abraham.

The ITPMS primarily requires a GPS sensor (telematics data) and ABS, which is integrated during the vehicle assembly level. Varroc states that OEMs will be able to provide access to the tyre pressure on any HMI (Human-Machine Interface) device like the vehicle instrument cluster, vehicle telematics and connectivity app, among others, to easily provide the information of the tyre pressure.

Varroc had initially initiated the development of the ITPMS specifically for two-wheeler applications. The company mounted a GPS device on a two-wheeler equipped with ABS. It collected the data during vehicle operation across varied scenarios, including differing tyre pressures, diverse road conditions and various weather conditions such as sunny and rainy days.

“This data was then post-processed and analysed using data science and machine learning techniques to develop a model that accurately captures the relationship between tyre pressure, wheel speed and the speed as measured by the GPS. This model forms the foundation for understanding and monitoring tyre pressure indirectly using available data points from the vehicle’s operation,” he shared.

Demand scenario for TPMS

It is no secret that while TPMS technology has been around for more than a couple of decades, its adoption in India still remains a very small percentage. In India, most TPMS solutions available in the OE as well as aftermarket are Direct TPMS.

They are said to have their own set of challenges, such as its reliability due to varying temperatures, environmental and climatic conditions. Then there are the challenges associated with wireless communications. Sensor battery issues and cost too are deterrent factors.

On the other hand, the small percentage of vehicles that utilise existing ITPMS categorise the tyre pressure in broad classifications (low pressure or high pressure). They do not provide precise measurements, which limits their adoption and effectiveness in ensuring optimal tyre performance and safety.

However, Varroc already has developed the ITPMS to provide basic information (low or high); now it is in advanced stages of development to provide precise tyre pressure information with over 90 percent accuracy.  While the company has been tight-lipped about the introduction of the solution in the market, Varroc is said to be in discussions with its clients to bring it to the market soon.

Abraham further shared, “The primary reason for the limited adoption of TPMS is cost. Premium segment vehicles often include TPMS as a standard feature due to the higher price range, making it more feasible to absorb the associated costs. In contrast, aftermarket TPMS solutions are generally expensive and demand ongoing maintenance, which can be a deterrent for many vehicle owners.  Additionally, there is a general lack of awareness regarding the importance of maintaining optimal tyre pressure. Many drivers may not fully understand the safety, performance and fuel efficiency benefits of consistent tyre pressure monitoring, further impacting the adoption rate of TPMS systems.”

As per the company, the ITPMS comes with self-learning feature and is designed with 80 percent cold tyre pressure threshold and tested per AIS 154. The threshold can be further optimised and customised as per the requirement of the customer.

Goodyear India Quarterly Profit Rises As Labour Code Charge Hits Earnings

Goodyear India Quarterly Profit Rises As Labour Code Charge Hits Earnings

Goodyear India Limited reported higher quarterly profit despite recognising INR 1.94 million of past service costs under India’s new labour codes, as revenue declined year on year.

Revenue from operations for the quarter ended 31 December 2025 fell to INR 606.9 million, from INR 631.7 million a year earlier. Total income was INR 611.5 million, compared with INR 636.4 million.

Profit before tax rose to INR 33.4 million, up from INR 13.3 million in the corresponding quarter last year. Net profit increased to INR 24.6m, compared with INR 9.5 million. Earnings per share were INR 10.68, against INR 4.11 a year earlier.

Total expenses declined to INR 578.2 million from INR 623.2 million. Cost of materials consumed fell to INR 221.5 million from INR 257.9 million, while purchases of stock-in-trade were INR 190.3 million, broadly in line with INR 191.1 million a year earlier. Employee benefits expense rose to INR 52.2 million from INR 44.4 million.

For the nine months to December 31 2025, revenue from operations decreased to INR 1,859.6 million from INR 2,005.4 million in the same period last year. Profit before tax rose marginally to INR 69.8 million from INR 67.9 million. Net profit was INR 51.8m, compared with INR 50.3m.

The company said it had recognised past service costs of INR 1.94 million under employee benefits expense in the quarter and nine months ended December 31 2025, following notification of the Code on Wages, 2019, the Industrial Relations Code, 2020, the Code on Social Security, 2020 and the Occupational Safety, Health and Working Conditions Code, 2020.

BKT Lifts Carbon Black Capacity As Volumes Recover Amid Tariff Pressure

BKT Lifts Carbon Black Capacity As Volumes Recover Amid Tariff Pressure

Balkrishna Industries (BKT) reported a six percent rise in quarterly volumes and commissioned additional carbon black capacity, even as US tariffs and volatile commodity prices weighed on parts of its export business.

The company’s sales volumes rose to 80,620 metric tonnes in the quarter to December 2025, up six percent year on year and about 15 percent higher than the previous quarter. For the first nine months, volumes were 231,536 metric tonnes, down onepercent from a year earlier.

Standalone revenue for the quarter was INR 26.82 billion, up 4 per cent year on year, including a realised foreign exchange loss of Rs 470 million relating to sales. For the nine months, revenue was Rs 77.62 billion, broadly flat, including a realised forex loss of Rs 1.17 billion.

Earnings before interest, tax, depreciation and amortisation were Rs 6.05 billion for the quarter, with a margin of 22.5 percent. For the nine months, EBITDA was INR 17.6 billion, down 11 percent year on year, with a margin of 22.7 percent. Profit after tax for the quarter was INR 3.75 billion, and INR 9.27 billion for the nine-month period.

Rajiv Poddar, Joint Managing Director of BKT, said the “geopolitical and macroeconomic environment continues to remain challenged and the situation with U.S. tariffs remain unchanged”.

In the US, sales momentum improved sequentially after a weak second quarter. Poddar said the group had regained some momentum by sharing the tariff burden with distributors. “Because of our strong brand positioning and quality and some major chunk of the tariffs to be shared between us and our channel partners, we have been able to gain some of the momentum that we had lost in the Q2,” he said.

He declined to quantify the impact of tariffs on margins, but confirmed that costs were being shared. Channel inventory in the US and Europe was “at par at where it should be”.

India remained the strongest market, supported by lower goods and services tax rates and favourable monsoon conditions. The domestic portfolio is split roughly 60 percent industrial and construction tyres and 40 percent agricultural tyres. Higher India contribution has a “slightly lower” average selling price, Poddar said, but margins have remained broadly stable.

In Europe, demand improved sequentially as earlier destocking eased. The European Union Deforestation Regulation, originally due to take effect from January 2026, has been deferred by one year. Madhusudan Bajaj, Senior President and Chief Financial Officer, said the current import duty into Europe is four percent, though the impact of the proposed free trade agreement with the EU is not yet clear.

Freight costs were about 5 percent of revenue in the quarter and are expected to remain in that range.

On raw materials, Bajaj said oil and natural rubber prices were moving higher, but it was “too early to say what will be the impact”. The average euro rate in the quarter was about INR 97.

Capital expenditure remains elevated. The company has spent about INR 22 billion in the first nine months of the financial year and expects total spending of roughly INR 25–26 billion in FY2026, with the balance of committed projects to be completed in the following year.

During the quarter, BKT commissioned a new carbon black line, taking total capacity to 265,000 metric tonnes per annum. The incremental capacity is intended for external sales rather than captive consumption. Carbon black accounted for less than 10 percent of revenue in the quarter, with margins expected to align with industry averages.

ZAFCO Appoints Tyre Industry Veteran Hee Se Ahn To Board As Independent Director

ZAFCO Appoints Tyre Industry Veteran Hee Se Ahn To Board As Independent Director

ZAFCO, a leading global manufacturer and distributor of automotive tyres, batteries and lubricants, has strengthened its corporate governance with the addition of Hee Se Ahn to its Board as an Independent Director, effective 1 January 2026. Bringing over three decades of specialised industry experience, Ahn is recognised for his extensive leadership in the global tyre sector.

His professional background is deeply rooted in international commerce, with significant achievements in overseas sales, strategic marketing and high-level management across key markets in Asia, Europe and the Americas. Prior to this appointment, his career included senior roles such as Executive Vice President at Nexen Tire and Managing Director at Hankook Tire, based in Seoul. Throughout his career, he has been instrumental in fostering international expansion and enhancing market positions while leading diverse, cross-regional teams, solidifying his status as a respected figure in the industry.

Zafar Hussain, Executive Director, ZAFCO Group, said, “We are pleased to welcome Hee Se Ahn to the Board of ZAFCO. His extensive international experience in sales, marketing and regional leadership will bring valuable perspectives to the company. His deep understanding of the global tyre industry will be a strong asset to both the Board and the management team.”

Amir Abbas, Executive Director, ZAFCO Group, said, “We are delighted to welcome Hee Se Ahn to the ZAFCO Board. He brings with him a global business mindset and rich insights into leadership and international business transformation. We look forward to his contributions as we continue to strengthen our global presence.”

Nokian Tyres Sets 2029 Targets With €2 Bln Sales Goal And Tighter Debt Ceiling

Nokian Tyres Sets 2029 Targets With €2 Bln Sales Goal And Tighter Debt Ceiling

Nokian Tyres has approved an updated strategy and financial targets through to the end of 2029, setting a net sales objective of €1.8 billion–€2 billion and outlining measures to strengthen profitability and reduce leverage.

The Finnish tyre maker said it would prioritise sustainable, value-driven growth following what it described as the most significant transformation in its history.

“Over the past years, Nokian Tyres has navigated the most significant transformations in its history. This period has been a complete strategic reset as we rebuilt the new Nokian Tyres platform. As we now enter the next phase of our development, we will refocus on sustainable, value-driven growth. This positions us to take better control of the unpredictable also in the future and will reduce our exposure to geopolitical risks,” said President And Chief Executive Paolo Pompei.

Under the revised targets, the company aims for segments EBITDA of more than 24 percent and segments operating profit above 15 percent. It also intends to keep net debt to segments EBITDA below 2.

Nokian Tyres will continue to use segments EBITDA as its primary profitability metric and has defined a range for net sales rather than a single figure.

The group reiterated its dividend policy, targeting distribution of at least 50 percent of net earnings.

Strategically, Nokian Tyres said it would focus on its core segments. In passenger car tyres, it aims to maintain a market-leading position in winter tyres and deliver above-market growth in the all-season and all-weather categories. In heavy tyres, it is targeting above-market growth in agricultural and forestry tyres.

Vianor will continue to serve as a European sales and service channel for both passenger car and heavy tyres.

The company said market trends including electrification, a growing car parc, increasing rim sizes and rising demand for winter tyres support development in its chosen segments.

“Our updated financial targets set a clear direction for the future and reflect our ambition to create sustainable value for our shareholders. Profitability improvement will be driven both by volume growth and by more than EUR 100 million coming from targeted performance initiatives. While maintaining strong performance in the Nordics, we aim to accelerate growth in North America and Central Europe. We will prioritize value creation through premium positioning, improved product mix and disciplined cost and operational efficiency,” Pompei said.