Auto Components
Valuation | |
|---|---|
| Market Cap | 14.98 kCr |
| Price/Earnings (Trailing) | 27.98 |
| Price/Sales (Trailing) | 0.97 |
| EV/EBITDA | 11.75 |
| Price/Free Cashflow | 137.69 |
| MarketCap/EBT | 20.33 |
| Enterprise Value | 19.55 kCr |
Fundamentals | |
|---|---|
Growth & Returns | |
|---|---|
| Price Change 1W | 7.8% |
| Price Change 1M | 7.5% |
| Price Change 6M | 66.6% |
| Price Change 1Y | 74.4% |
| 3Y Cumulative Return | 48.3% |
| 5Y Cumulative Return | 32.9% |
| 7Y Cumulative Return | 29.5% |
| 10Y Cumulative Return | 20.1% |
| Revenue (TTM) |
| 15.39 kCr |
| Rev. Growth (Yr) | 10.5% |
| Earnings (TTM) | 541.47 Cr |
| Earnings Growth (Yr) | 62.3% |
Profitability | |
|---|---|
| Operating Margin | 5% |
| EBT Margin | 5% |
| Return on Equity | 10.07% |
| Return on Assets | 3.59% |
| Free Cashflow Yield | 0.73% |
| Cash Flow from Investing (TTM) | -454.92 Cr |
| Cash Flow from Operations (TTM) | 715.77 Cr |
| Cash Flow from Financing (TTM) | -237.44 Cr |
| Cash & Equivalents | 140.57 Cr |
| Free Cash Flow (TTM) | 77.03 Cr |
| Free Cash Flow/Share (TTM) | 2.81 |
Balance Sheet | |
|---|---|
| Total Assets | 15.1 kCr |
| Total Liabilities | 9.72 kCr |
| Shareholder Equity | 5.38 kCr |
| Current Assets | 7.01 kCr |
| Current Liabilities | 5.83 kCr |
| Net PPE | 6.53 kCr |
| Inventory | 2.36 kCr |
| Goodwill | 17.17 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.31 |
| Debt/Equity | 0.88 |
| Interest Coverage | 0.58 |
| Interest/Cashflow Ops | 2.5 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 3 |
| Dividend Yield | 0.55% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 11.3% |
Size: Market Cap wise it is among the top 20% companies of india.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Past Returns: Outperforming stock! In past three years, the stock has provided 48.3% return compared to 12.8% by NIFTY 50.
Balance Sheet: Reasonably good balance sheet.
Momentum: Stock price has a strong positive momentum. Stock is up 7.5% in last 30 days.
No major cons observed.
Size: Market Cap wise it is among the top 20% companies of india.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Past Returns: Outperforming stock! In past three years, the stock has provided 48.3% return compared to 12.8% by NIFTY 50.
Balance Sheet: Reasonably good balance sheet.
Momentum: Stock price has a strong positive momentum. Stock is up 7.5% in last 30 days.
No major cons observed.
Investor Care | |
|---|---|
| Dividend Yield | 0.55% |
| Dividend/Share (TTM) | 3 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 19.53 |
Financial Health | |
|---|---|
| Current Ratio | 1.2 |
| Debt/Equity | 0.88 |
Technical Indicators | |
|---|---|
| RSI (14d) | 67.5 |
| RSI (5d) | 82.67 |
| RSI (21d) | 60.82 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Sell |
| RSI21 Signal | Hold |
| SMA 5 Signal | Buy |
| SMA 10 Signal |
Summary of JK Tyre & Industries's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management's outlook for JK Tyre & Industries Limited is optimistic, driven by strong economic growth in India, which remains the world's fastest-growing major economy. They reported a Q1FY26 GDP growth of 7.8% and anticipate a full-year outlook of 6.8%. Factors such as reduced GST rates on tyres from 28% to 18% and substantial growth in auto sales by 10% in Q2 are expected to enhance overall demand in the sector.
Key forward-looking points from management include:
Revenue Growth: Consolidated revenues achieved an all-time high of Rs.4,026 crores, marking a 10% increase YoY. Management aims for double-digit revenue growth in FY26.
Profitability: Consolidated EBITDA rose to Rs.536 crores with a margin improvement to 13.3%, up from 10.9% in Q1, attributed to increased sales volumes and favorable raw material prices.
Market Dynamics: The company is seeing growth in the commercial vehicle and passenger car segments, projecting mid-single-digit growth for these categories and high single-digit growth for farm equipment and two/three-wheelers.
Cost Benefits: JK Tyre has passed on the full benefit of GST reductions to customers, helping to improve consumption in commercial vehicles and accelerate the replacement cycle.
Capex Plans: JK Tyre is investing Rs.1,200 crores in three key expansion projects, expected to enhance capacity significantly, set to start production by Q3FY26.
Export Performance: Exports show strong growth, with a 13% QoQ increase despite external tariff uncertainties, focusing on diversifying geographic market reach.
Future Margin Outlook: Management anticipates EBITDA margins sustaining between 13% to 15% over the next few quarters due to controlled raw material costs.
With robust operational highlights, management expresses confidence in the company's capability to not only meet increasing demand but also improve overall market share across various segments.
Understand JK Tyre & Industries ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| BENGAL & ASSAM COMPANY LTD. | 45.43% |
| INTERNATIONAL FINANCE CORPORATION | 4.61% |
| VALIANT PACIFIC LLC | 2.39% |
| TASHA INVESTMENT ADVISORS LLP | 1.7% |
| EDGEFIELD SECURITIES LIMITED | 1.64% |
| KOTAK FUNDS - INDIA MIDCAP FUND | 1.53% |
| SUNIL KANT MUNJAL (Shares held on behalf of a trust) |
Detailed comparison of JK Tyre & Industries against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| MRF | M.R.F. | 58.38 kCr | 29.58 kCr | -8.50% | +19.80% | 31.49 | 1.97 | - | - |
| BALKRISIND | Balkrishna Industries | 51.49 kCr | 11 kCr |
Comprehensive comparison against sector averages
JKTYRE metrics compared to Auto
| Category | JKTYRE | Auto |
|---|---|---|
| PE | 27.36 | 34.65 |
| PS | 0.95 | 1.72 |
| Growth | 4.6 % | 5.7 % |
JK Tyre & Industries Limited engages in the developing, manufacturing, marketing, and distribution of automotive tyres, tubes, flaps, and retreads in India, Mexico, and internationally. The company offers truck/bus radial tyres, light and small commercial vehicle bias, two/three-wheeler, retreads, truck/bus bias, farm radial and bias, off-the-road and industrial, racing, light and small commercial vehicle radical, passenger car radial and bias, specialty, and military/defence tyres. It also operates tyre care centers that provides repair, inflation pressure check, rotation, and tyre services; and provides fleet management and check-up services. The company markets its products and services through a network of Steel Wheels, Xpress Wheels, and Truck Wheels, as well as brand shops. JK Tyre & Industries Limited was incorporated in 1951 and is headquartered in New Delhi, India.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
| Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Buy |
| SMA 100 Signal | Buy |
JKTYRE vs Auto (2021 - 2026)
Question: What is the outlook for full year capex and how do you see the working capital normalization in the coming quarters?
Sanjeev Aggarwal: We incurred about Rs.610 crores in capex during the first half and expect a similar amount in the second half, totaling Rs.1,200 crores for the year. This includes maintenance capex. We intentionally increased finished goods in anticipation of the festive season, but working capital should normalize soon, allowing for good free cash flow generation.
Question: Can you provide a breakup of the growth capex and the segments being invested in?
Sanjeev Aggarwal: We're focusing on three projects: Rs.1,025 crores for Passenger Car Radial in Banmore, Rs.261 crores for TBR in Laksar, and Rs.112 crores for All Steel Light Truck Radial in Mysuru. Production from these will commence in Q3, ramping up over six months.
Question: How do you see raw material prices impacting margins in the upcoming quarters?
Anshuman Singhania: We expect raw material prices to remain range-bound, which should aid margin expansion. The recent drop in natural rubber prices will also positively impact our margins.
Question: Any price adjustments to pass on raw material reductions in the previous quarter?
Anshuman Singhania: No price revisions have occurred. We have not made any cuts in the replacement market to reflect the reduction in raw material costs.
Question: What is your plan B regarding exports amidst US tariff uncertainties?
Anshuman Singhania: Our exports grew by 13% QoQ. We are redirecting our production to other regions, compensating for US markets. We've shifted focus to countries like Mexico, Latin America, and are exploring additional markets, which will help maintain margins.
Question: Can you provide guidance on sustainable EBITDA margins over the next two to three quarters?
Anshuman Singhania: We anticipate sustaining EBITDA margins in the range of 13% to 15% as we navigate costs and demands effectively.
Question: Can you share the average realization rate in terms of rupee versus Mexican peso this quarter?
Anshuman Singhania: On a QoQ basis, our revenue grew by 26% in rupee terms, and by 20% in constant currency (Mexican peso), benefitting from a 7% depreciation of the rupee against the peso.
Question: What is the capacity utilization and how would it change with upcoming expansions?
Sanjeev Aggarwal: Current overall utilization at JK Tornel is around 80%, with radial utilization at approximately 88%. We plan a 15% increase in capacity through our upcoming capex, expected to be implemented by Q4 FY26.
Question: Given strong demand, how prepared are you for supply till new capacity comes online?
Anshuman Singhania: Our new capacities will increase by 12-13%. We start partial production in Q3, ensuring we can meet demand without loss of sales until full capacity ramps up in subsequent months.
Question: What is the guidance for revenue growth in the second half and the next financial year?
Anshuman Singhania: We are confident in achieving double-digit revenue growth moving forward, supported by robust demand projections.
Question: Have you seen a market share increase in the OEM segment, particularly for passenger cars?
Anshuman Singhania: Yes, since the GST cut, our market share in the OEM segment for CVs is strong, alongside significant traction in the replacement market, especially for passenger cars.
| 1.28% |
| DEEPAK BHAGNANI | 1.27% |
| CASSINI PARTNERS, L.P. MANAGED BY HABROK CAPITAL MANAGEMENT LLP | 1.03% |
| J.K. FENNER (INDIA) LIMITED | 0.64% |
| RAGHUPATI SINGHANIA | 0.57% |
| VINITA SINGHANIA | 0.49% |
| BHARAT HARI SINGHANIA (Shares held on behalf of Firm - M/s Juggilal Kamlapat Lakshmipat) | 0.45% |
| YPL ENTERPRISES PRIVATE LIMITED | 0.28% |
| ANSHUMAN SINGHANIA (Karta of Shripati Singhania HUF) | 0.24% |
| BHARAT HARI SINGHANIA | 0.23% |
| SUNANDA SINGHANIA | 0.22% |
| HARSH PATI SINGHANIA | 0.13% |
| VIKRAM PATI SINGHANIA | 0.13% |
| VIKRAM PATI SINGHANIA (Karta of Vikrampati Singhania HUF) | 0.11% |
Distribution across major stakeholders
Distribution across major institutional holders
| +11.00% |
| -4.00% |
| 39.24 |
| 4.68 |
| - |
| - |
| APOLLOTYRE | Apollo Tyres | 32.56 kCr | 26.83 kCr | +1.40% | +21.50% | 41.04 | 1.21 | - | - |
| CEATLTD | Ceat | 15.81 kCr | 14.9 kCr | +2.70% | +27.80% | 28.54 | 1.06 | - | - |
| TVSSRICHAK | TVS Srichakra | 3.15 kCr | 3.38 kCr | -6.60% | +31.10% | 113.96 | 0.93 | - | - |
| 0.5% |
| 3,714 |
| 3,695 |
| 3,633 |
| 3,596 |
| 3,434 |
| 3,364 |
| Profit Before exceptional items and Tax | 60.3% | 312 | 195 | 147 | 98 | 210 | 291 |
| Exceptional items before tax | -170.7% | -7.48 | 13 | -2.77 | -17.55 | -10.81 | -0.49 |
| Total profit before tax | 46.4% | 304 | 208 | 144 | 80 | 199 | 290 |
| Current tax | 11.9% | 67 | 60 | 54 | 19 | 41 | 63 |
| Deferred tax | 270.2% | 14 | -6.64 | -12.21 | 3.65 | 14 | 16 |
| Total tax | 55.8% | 82 | 53 | 42 | 23 | 55 | 79 |
| Total profit (loss) for period | 39.5% | 227 | 163 | 99 | 53 | 140 | 218 |
| Other comp. income net of taxes | -25% | 34 | 45 | 13 | -10.96 | -38.18 | -51.38 |
| Total Comprehensive Income | 25% | 261 | 209 | 112 | 42 | 102 | 167 |
| Earnings Per Share, Basic | 40.8% | 8.08 | 6.03 | 3.54 | 1.88 | 4.93 | 7.72 |
| Earnings Per Share, Diluted | 40.8% | 8.08 | 6.03 | 3.54 | 1.88 | 4.92 | 7.69 |
| Debt equity ratio | - | - | - | - | 0.0106 | - | - |
| Debt service coverage ratio | - | - | - | - | 0.0145 | - | - |
| Interest service coverage ratio | - | - | - | - | 0.0272 | - | - |
| -2% |
| 819 |
| 836 |
| 708 |
| 607 |
| 548 |
| 554 |
| Finance costs | 10.4% | 267 | 242 | 258 | 230 | 266 | 343 |
| Depreciation and Amortization | 6.8% | 269 | 252 | 243 | 241 | 246 | 242 |
| Other expenses | 2.3% | 1,618 | 1,581 | 1,374 | 1,183 | 943 | 1,003 |
| Total Expenses | 2.7% | 9,705 | 9,446 | 9,343 | 7,802 | 5,796 | 6,028 |
| Profit Before exceptional items and Tax | -40.2% | 540 | 903 | 306 | 260 | 374 | 92 |
| Exceptional items before tax | 46.7% | -10.86 | -21.25 | -36.17 | 3.95 | 21 | -7.15 |
| Total profit before tax | -40.1% | 529 | 882 | 270 | 264 | 396 | 85 |
| Current tax | -48.6% | 144 | 279 | 72 | 96 | 128 | 16 |
| Deferred tax | -114.3% | -0.57 | 12 | 14 | -15.15 | 11 | -159.06 |
| Total tax | -50.7% | 144 | 291 | 86 | 81 | 139 | -143.49 |
| Total profit (loss) for period | -34.9% | 385 | 591 | 184 | 183 | 256 | 229 |
| Other comp. income net of taxes | 239.3% | 2.7 | -0.22 | -10.25 | -6.08 | -3.32 | -16.76 |
| Total Comprehensive Income | -34.4% | 388 | 591 | 174 | 177 | 253 | 212 |
| Earnings Per Share, Basic | -39% | 14.06 | 22.42 | 7.45 | 7.43 | 10.42 | 9.29 |
| Earnings Per Share, Diluted | -38.9% | 14.05 | 22.36 | 7.45 | 7.43 | 10.42 | 9.29 |
| 89% |
| 517 |
| 274 |
| 217 |
| 317 |
| 287 |
| 100 |
| Investment property | -1.2% | 5.26 | 5.31 | 5.36 | 5.41 | 5.47 | 5.53 |
| Non-current investments | -1% | 775 | 783 | 774 | 783 | 780 | 787 |
| Loans, non-current | - | 0 | 0 | 0 | 0 | 0 | 0 |
| Total non-current financial assets | -1.1% | 885 | 895 | 849 | 865 | 832 | 835 |
| Total non-current assets | 6.8% | 5,232 | 4,900 | 4,821 | 4,788 | 4,527 | 4,363 |
| Total assets | 1.2% | 10,098 | 9,978 | 10,110 | 9,553 | 8,361 | 8,006 |
| Borrowings, non-current | 2.6% | 869 | 847 | 846 | 835 | 822 | 849 |
| Total non-current financial liabilities | 3.2% | 1,710 | 1,657 | 1,639 | 1,589 | 1,550 | 1,490 |
| Provisions, non-current | 17.6% | 41 | 35 | 37 | 36 | 39 | 33 |
| Total non-current liabilities | 2.6% | 2,254 | 2,197 | 2,178 | 2,126 | 2,028 | 1,893 |
| Borrowings, current | -7.6% | 1,662 | 1,798 | 2,028 | 1,521 | 1,383 | 1,698 |
| Total current financial liabilities | -5.4% | 3,208 | 3,392 | 3,691 | 3,293 | 3,016 | 3,054 |
| Provisions, current | 24.3% | 8.61 | 7.12 | 9.76 | 7.13 | 16 | 11 |
| Current tax liabilities | - | 44 | - | 0 | - | 0 | 0 |
| Total current liabilities | -5.3% | 3,397 | 3,588 | 3,887 | 3,531 | 3,218 | 3,224 |
| Total liabilities | -2.3% | 5,651 | 5,785 | 6,064 | 5,657 | 5,246 | 5,117 |
| Equity share capital | 0% | 55 | 55 | 55 | 52 | 49 | 49 |
| Total equity | 6.1% | 4,447 | 4,193 | 4,046 | 3,896 | 3,115 | 2,889 |
| Total equity and liabilities | 1.2% | 10,098 | 9,978 | 10,110 | 9,553 | 8,361 | 8,006 |
| -58.9% |
| 528 |
| 1,282 |
| 724 |
| 131 |
| - |
| - |
| Income taxes paid (refund) | -32.8% | 124 | 184 | 47 | 58 | - | - |
| Net Cashflows From Operating Activities | -63.4% | 403 | 1,098 | 677 | 73 | - | - |
| Cashflows used in obtaining control of subsidiaries | - | 10 | 0 | 0 | 74 | - | - |
| Proceeds from sales of PPE | -103.4% | 0 | 30 | 0 | 21 | - | - |
| Purchase of property, plant and equipment | -25.6% | 422 | 567 | 308 | 192 | - | - |
| Proceeds from sales of investment property | - | 38 | 0 | 39 | 0 | - | - |
| Dividends received | -5.1% | 0.38 | 0.41 | 0.48 | 0.6 | - | - |
| Interest received | 390% | 50 | 11 | 11 | 20 | - | - |
| Other inflows (outflows) of cash | 106.1% | 31 | -493.95 | -10.63 | -2.04 | - | - |
| Net Cashflows From Investing Activities | 70.1% | -301.38 | -1,009.34 | -268.14 | -202.7 | - | - |
| Proceeds from issuing shares | -100.2% | 0 | 492 | 0 | 0 | - | - |
| Proceeds from issuing debt | - | 0 | 0 | 239 | 0 | - | - |
| Proceeds from borrowings | 182.1% | 489 | 174 | 108 | 1,192 | - | - |
| Repayments of borrowings | -44% | 207 | 369 | 430 | 725 | - | - |
| Payments of lease liabilities | -22.2% | 36 | 46 | 40 | 48 | - | - |
| Dividends paid | 21.6% | 91 | 75 | 37 | 49 | - | - |
| Interest paid | 8.4% | 271 | 250 | 251 | 229 | - | - |
| Net Cashflows from Financing Activities | -54.5% | -115.31 | -74.29 | -411.64 | 141 | - | - |
| Effect of exchange rate on cash eq. | - | 0.01 | 0 | 0 | 0 | - | - |
| Net change in cash and cash eq. | -210.5% | -13.36 | 14 | -2.93 | 12 | - | - |
Analysis of JK Tyre & Industries's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Sep 30, 2025
| Description | Share | Value |
|---|---|---|
| India | 84.6% | 3.5 kCr |
| Mexico | 15.4% | 638.8 Cr |
| Total | 4.2 kCr |