High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Size: Market Cap wise it is among the top 20% companies of india.
Balance Sheet: Reasonably good balance sheet.
Technicals: Bullish SharesGuru indicator.
Past Returns: Outperforming stock! In past three years, the stock has provided 29.3% return compared to 8.9% by NIFTY 50.
Dilution: Company has a tendency to dilute it's stock investors.
Valuation | |
|---|---|
| Market Cap | 11.36 kCr |
| Price/Earnings (Trailing) | 14.25 |
| Price/Sales (Trailing) | 0.69 |
| EV/EBITDA | 8.17 |
| Price/Free Cashflow | 571.79 |
| MarketCap/EBT | 10.9 |
| Enterprise Value | 15.87 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 16.38 kCr |
| Rev. Growth (Yr) | 12% |
| Earnings (TTM) | 775.9 Cr |
| Earnings Growth (Yr) | 80.4% |
Profitability | |
|---|---|
| Operating Margin | 6% |
| EBT Margin | 6% |
| Return on Equity | 12.96% |
| Return on Assets | 4.61% |
| Free Cashflow Yield | 0.17% |
Growth & Returns | |
|---|---|
| Price Change 1W | 6.9% |
| Price Change 1M | -0.80% |
| Price Change 6M | -12.1% |
| Price Change 1Y | 4.2% |
| 3Y Cumulative Return | 29.3% |
| 5Y Cumulative Return | 25.1% |
| 7Y Cumulative Return | 24.8% |
| 10Y Cumulative Return | 16.8% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -626.67 Cr |
| Cash Flow from Operations (TTM) | 1.44 kCr |
| Cash Flow from Financing (TTM) | -782.72 Cr |
| Cash & Equivalents | 236.67 Cr |
Balance Sheet | |
|---|---|
| Total Assets | 16 kCr |
| Total Liabilities | 9.94 kCr |
| Shareholder Equity | 6.06 kCr |
| Current Assets | 7.3 kCr |
| Current Liabilities | 5.43 kCr |
| Net PPE | 6.93 kCr |
| Inventory | 2.66 kCr |
| Goodwill | 17.17 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.31 |
| Debt/Equity | 0.88 |
| Interest Coverage | 1.03 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 3 |
| Dividend Yield | 0.51% |
| Shares Dilution (1Y) | 5.2% |
| Shares Dilution (3Y) | 17.1% |
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Size: Market Cap wise it is among the top 20% companies of india.
Balance Sheet: Reasonably good balance sheet.
Technicals: Bullish SharesGuru indicator.
Past Returns: Outperforming stock! In past three years, the stock has provided 29.3% return compared to 8.9% by NIFTY 50.
Dilution: Company has a tendency to dilute it's stock investors.
Investor Care | |
|---|---|
| Dividend Yield | 0.51% |
| Dividend/Share (TTM) | 3 |
| Shares Dilution (1Y) | 5.2% |
| Earnings/Share (TTM) | 27.65 |
Financial Health | |
|---|---|
| Current Ratio | 1.2 |
| Debt/Equity | 0.88 |
Technical Indicators | |
|---|---|
| RSI (14d) | 40.33 |
| RSI (5d) | 81.4 |
| RSI (21d) | 48.88 |
| 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 | Buy |
| SMA 20 Signal | Buy |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
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.
In the Q3 FY'26 earnings call, management provided a positive outlook for JK Tyre & Industries Limited, focusing on robust growth in the automotive sector and the company's strong financial performance. Key forward-looking points included:
Revenue Growth: JK Tyre reported a record revenue of INR 4,235 crores, a 15% increase year-on-year. The outlook remains optimistic for double-digit revenue growth in FY'27, driven by healthy demand across all segments.
Capacity Expansion: The company plans to expand capacities in TBR, ASLTR, and PCR categories at an investment of INR 1,130 crores, projected to increase overall capacity by nearly 7%. This aligns with the anticipated growth in the automotive sector.
Product Innovations: The introduction of embedded smart tyres for passenger cars is expected to enhance vehicle performance and safety, marking a significant innovation milestone.
Market Trends: The Indian automotive industry is expected to exceed sales of over 1 million commercial vehicles and achieve record highs in passenger vehicle sales, with 4.38 million units projected for FY'26.
Financial Performance: EBITDA for Q3 stood at INR 583 crores, marking a 74% increase year-on-year, with margins expanding by 470 basis points to 13.8%. Profit after tax surged to INR 209 crores, a 3.7x increase compared to Q3 FY'25.
Raw Material Costs: Management anticipates raw material prices to remain range-bound with a potential increase of 1-2%, but expects to maintain profit margins through product premiumization and operational efficiencies.
Merger with Cavendish: The completed merger with Cavendish Industries is expected to enhance operational and financial synergies.
Market Diversification: The recent trade deals with the EU and USA are expected to offer opportunities for market diversification, aiding in the company's growth trajectory.
Management expressed confidence in navigating the upcoming challenges while leveraging market momentum and internal strategic initiatives.
Question 1: What is the capacity utilization we are operating at and the mix of volume and pricing in the revenue growth this quarter?
Answer: Our capacity utilization is at over 90%. The 15% revenue growth is primarily due to volume growth. Domestic volume increased by 16%, with replacement volume at 11% and OEM at 24%. Exports also contributed with a 9% increase. Pricing changes were minimal, reflecting a primarily volume-driven growth.
Question 2: Given the raw material scenario, where do you see margins for this year and the next couple of quarters?
Answer: The raw material prices are expected to remain stable, with a potential increase of 1-2%. Despite this, we anticipate maintaining margins due to strong volume pushes and our strategy of product premiumization. Higher capacity utilization will support margin resilience.
Question 3: Are we targeting a higher revenue growth going forward compared to competitors?
Answer: We are targeting double-digit revenue growth. While competitors like CEAT achieved about 25% growth, we have our specific conditions and a focus on nurturing strong performance. We aim for mid-double-digit growth rates based on continued demand momentum.
Question 4: What is the revenue mix on a standalone basis in terms of category?
Answer: For standalone revenue, the Truck & Bus segment constitutes 58%, the Passenger car line accounts for 27%, non-truck bias is 11%, and the remaining 4% is from 2/3-wheelers. In terms of market, Replacement sales contribute 63%, OEM 26%, and exports 11%.
Question 5: Can you explain the average realization in terms of Indian rupee versus Mexican peso for this quarter?
Answer: In Q3, JK Tornel's revenues in INR rose by 21% year-on-year, reaching INR 639 crores. The growth primarily stemmed from favorable currency effects, as the revenues remained flattish on a constant currency basis, indicating the benefit from the depreciation of the rupee against the peso.
Question 6: What kind of demand traction are you witnessing across segments?
Answer: We're experiencing robust demand across all segments, especially in commercial vehicles, with expectations of crossing FY'19 truck sales highs. We also see growth in the passenger segment and continuous traction in the farm sector, driven by rising rural incomes.
Question 7: How much growth are you expecting in the domestic Mexican market and export market over the next year?
Answer: We anticipate mid-single-digit growth in the domestic market for Mexico. Additionally, our margin expansion target is around 1-2%, supported by local production benefits, which enable us to remain competitive amid imposed trade duties on many importing countries.
Analysis of JK Tyre & Industries's financial performance, highlighting revenue trends, growth patterns, and key metrics through quarterly analysis.
Last Updated: Mar 31, 2026
| Description | Share | Value |
|---|---|---|
| India | 91.2% | 3.9 kCr |
| Mexico | 8.8% | 377.6 Cr |
| Total | 4.3 kCr |
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% |
| DEEPAK BHAGNANI | 1.27% |
| CASSINI PARTNERS, L.P. MANAGED BY HABROK CAPITAL MANAGEMENT LLP | 1.01% |
| 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% |
| HARSH PATI SINGHANIA (Karta of Harshpati Singhania HUF) | 0.11% |
Distribution across major stakeholders
Distribution across major institutional holders
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. | 53.91 kCr | 31.65 kCr | -3.80% | -13.30% | 22.28 | 1.7 | - | - |
| BALKRISIND | Balkrishna Industries | 42.58 kCr | 11.07 kCr | -1.00% | -11.60% | 34.26 | 3.84 | - | - |
| APOLLOTYRE | Apollo Tyres | 24.98 kCr | 28.6 kCr | -7.20% | -20.60% | 18.15 | 0.87 | - | - |
| CEATLTD | Ceat | 13.35 kCr | 15.72 kCr | -5.10% | -11.70% | 19.09 | 0.85 | - | - |
| TVSSRICHAK | TVS Srichakra | 2.76 kCr | 3.66 kCr | -5.30% | +15.50% | 38.81 | 0.76 | - | - |
Comprehensive comparison against sector averages
JKTYRE metrics compared to Auto
| Category | JKTYRE | Auto |
|---|---|---|
| PE | 14.25 | 22.76 |
| PS | 0.69 | 1.38 |
| Growth | 10.9 % | 10.1 % |
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.
JKTYRE vs Auto (2021 - 2026)