MoneyWorks4Me

JK Tyre & Industries Ltd (JKTYRE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530007 NSE: JKTYRE Tyres & Allied | Small Cap | JK Tyres & Inds. Share Price

₹346.45 -0.75 (-0.22%)

As on 22-Sep'26 16:59

JK Tyre & Industries Ltd (JKTYRE)

Share Analysis – Quality, Valuation Zone, Price Trend & DeciZen Rating BSE: 530007 NSE: JKTYRE Tyres & Allied | Small Cap | JK Tyres & Inds. Share Price

₹346.45 -0.75 (-0.22%)

As on 22-Sep'26 16:59

Key Metrics
Valuation Multiples
Market Cap
₹9,988 Cr.
Current Price
₹346.5
52-Week Low / High
₹339 / 612
TTM EPS
₹22.6
TTM Sales
₹16,404 Cr.
Book Value per Share
₹211.6
P/E Ratio
15.34
Lower than its 5-year historical median
Industry PE
20.9
Price to Book (P/B)
1.64
Lower than its 5-year historical median
Price to Sales (P/S)
0.61
Lower than its 5-year historical median
EV/EBITDA
7.47
Lower than its 5-year historical median
Dividend Yield
1.15%
Profitability Efficiency
Return on Equity (ROE)
14.03%
Outperforms industry median
Return on Capital Employed (ROCE)
14.30%
Outperforms industry median
Return on Assets (ROA)
5.10%
Operating Profit Margin
12.5%
Net Profit Margin
4.74%
Gross Profit Margin
10.2%
Growth Momentum
1-yr vs 3-yr growth
Sales Growth (1 Year)
Slowing versus 3-year growth rate
12.24%
Operating Profit Growth (1 Year)
Improving versus 3-year growth rate
27.08%
Net Profit Growth (1 Year)
Improving versus 3-year growth rate
50.1%
Asset Quality
Promoter Holding
51.72%
Pledged shares (%) of Promoter's holding (%)
0.00%
Reserves
₹6,046 Cr.
Equity
₹57.7 Cr.
Face Value
₹2
All Time Low / High
₹2.56 / 611.60

JK Tyre & Industries stock performance

Key Ratios
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Check Before You Invest

Quality

Somewhat Good

Valuation

Somewhat Undervalued

Price Trend

Weak
Q.1 Is JK Tyre & Industries Ltd a good quality company?
JK Tyre & Industries Ltd is a average quality company, based on a somewhat consistent multi-year financial track record.

This assessment is based on company’s performance on Revenue growth, ROCE, Equity and Assets, key margin ratios, cash conversion cycle, and debt to cash flow from operations and how it compares with its long term averages.

We have analysed the performance of the company on the following:

  • How has it performed on generating Profits?

    By checking its Revenue growth, Gross, Operating and Net Margins compared to its last 5-year median.

  • How efficiently has it utilized Capital?

    By checking its ROCE, ROA, ROE and its Cash Conversion Cycle.

  • How is it managing its Debt?

    By checking its Debt to Equity and Cash Flow from Operations.

How does JK Tyre & Industries Ltd performance compare with that of its Peers?
Q.1 Revenue growth of JK Tyre & Industries Ltd vs industry peers?
JK Tyre & Industries Ltd revenue CAGR is 12.40%, compared to the industry median CAGR of 0%, indicating faster growth and gaining its market share.
Q.1 Promoter shareholding and pledge status of JK Tyre & Industries Ltd?
Promoters hold 51.72% of the JK Tyre & Industries Ltd, with 0.00% of their stake pledged, indicating no pledge risk.
Q.1 Stock return of JK Tyre & Industries Ltd over the last decade?
Over the last 9 year(s), the stock has delivered a CAGR of 9.3% based on the current price.

10 Year X-Ray :

Analysis of Financial Track Record (Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end)

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end

Data adjusted to bonus, split, extra-ordinary income, rights issue and change in financial year end.

Financial track record gives insight into the company's performance on key parameters over the past ten years. MoneyWorks4me’s proprietary colour codes make it easy for retail investors to gauge the company’s past performance.
JK Tyre & Industries Ltd has performed well in some of the past ten years indicating its past ten year financial track record is somewhat good

Value Creation

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
ROCE % 16.1%6.6%11.9%8%13.1%9.8%9.8%19.2%14.5%15%-
Value Creation
Index
0.2-0.5-0.2-0.4-0.1-0.3-0.30.40.10.1-

Growth Parameters

Sales 5,9796,4537,6106,0936,1358,0329,61810,31313,01914,61314,271
Sales YoY Gr.-7.9%17.9%-19.9%0.7%30.9%19.7%7.2%26.2%12.2%-
Adj EPS 10.32.36.99.59.87.38.423.618.530.121.6
YoY Gr.--78.2%205.3%38.3%3.3%-25.4%14.3%181.8%-21.7%62.6%-
BVPS (₹) 73.872.58187.296.9102.3117.1149.3168.2183.1185.7
Adj Net
Profit
23551.1169234242180206615506866622
Cash Flow from Ops. 1644952627831,25373.36771,0986961,498-
Debt/CF from Ops. 20.67.112.74.11.938.53.82.26.42.8-

CAGR

9 Years 5 Years 3 Years 1 Years
Sales 10.4%19%15%12.2%
Adj EPS 12.6%25.1%53.1%62.6%
BVPS10.6%13.6%16.1%8.9%
Share Price 9.1% 17.3% 7.6% -9.1%

Key Financial Parameters

Mar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26TTM
Return on
Equity %
15.23.19.311.310.67.37.618.111.917.511.7
Op. Profit
Mgn %
12.57.69.610.713.98.78.113.311.113.111.6
Net Profit
Mgn %
3.90.82.23.83.92.32.163.95.94.4
Debt to
Equity
22.11.71.511.10.90.610.8-
Working Cap
Days
15416614919318415614214013914876
Cash Conv.
Cycle
5973709576686868748021

Valuation of JK Tyres & Inds. - Consolidated

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

YTD 1Y 3Y 5Y 10Y Max
mw4me loader

mw4me loader

Analyst's Notes

data not found
No data found!

Management X-Ray

Shareholding Pattern

Promoter's Holding & Share Pledging

Pledged *0.000.000.000.000.000.000.000.000.000.00
* Pledged shares as % of Promoter's holding (%)

Financials

PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Sales7,6898,27210,3688,7239,10211,98314,64515,00214,69316,327
Operating Expenses + 6,5577,5359,2567,7377,79610,91013,34712,92413,09414,295
Manufacturing Costs7738931,0059759311,2191,4271,5281,5211,597
Material Costs4,3435,2506,6855,3375,4698,03910,0119,0739,17610,089
Employee Cost 8548189109239231,0651,2181,4321,4511,606
Other Costs 5875746575024745866918919461,004
Operating Profit 1,1327371,1129851,3061,0731,2982,0781,5992,031
Operating Profit Margin (%) 14.7%8.9%10.7%11.3%14.4%9.0%8.9%13.8%10.9%12.4%
Other Income + 651468431433737447958
Exceptional Items 69-11-89-106374-62-27-32-146
Interest 440466521549466419455447476428
Depreciation 291299316378387385407437456472
Profit Before Tax 535107270-175343094111,2117131,043
Tax 1554494-166201109147399198269
Profit After Tax 38063176149333200265811516774
PAT Margin (%) 4.9%0.8%1.7%1.7%3.7%1.7%1.8%5.4%3.5%4.7%
Adjusted EPS (₹)16.62.97.26.113.08.510.730.218.626.9
Dividend Payout Ratio (%)15.10%51.50%21%11.40%15.40%17.60%18.80%14.90%16.10%14.90%
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26

Equity and Liabilities

Shareholders Fund + 1,9651,9612,2842,3312,6732,8483,3964,4874,9816,061
Share Capital 45454949494949525558
Reserves 1,9191,9162,2352,2822,6232,7993,3474,4354,9266,003
Debt +5,3764,9895,2215,1244,0164,5204,3014,0634,4064,336
Long Term Debt3,5703,1263,3173,1502,8612,4762,3602,1872,0282,528
Short Term Debt1,8061,8621,9041,9741,1562,0441,9411,8772,3781,808
Minority Interest1451421369510699100119-0-1
Trade Payables1,2141,1651,5991,6881,5742,1891,8202,1571,8932,162
Others Liabilities 1,6952,2782,0281,9752,5712,5052,7223,1853,1553,355
Total Liabilities 10,39510,53511,26911,21310,94012,16112,33914,01214,43515,914

Fixed Assets

Net Fixed Assets +5,7886,1366,2226,3766,2376,4236,4626,8236,7467,178
Gross Block8,2298,8439,2219,6719,97610,51711,07011,88812,04613,098
Accumulated Depreciation2,4412,7062,9993,2953,7394,0944,6085,0655,3005,920
CWIP 3263092702842991061953674181,100
Investments 73128131140147133144138123121
Inventories1,3201,4481,6891,6181,7892,4332,1712,2822,5262,663
Trade Receivables1,7951,5451,9451,8481,5751,9802,2832,7542,8313,211
Cash Equivalents 295131170137174176266770711301
Others Assets 7988378428107199108198771,0791,340
Total Assets 10,39510,53511,26911,21310,94012,16112,33914,01214,43515,914
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Cash Flow From Operating Activity + 1066377971,2371,5983461,2241,6147161,444
PBT 535107270-175343094111,2117131,043
Adjustment 413598835977701757905833839894
Changes in Working Capital -712-12-228311452-65045-212-580-282
Tax Paid -131-56-81-34-89-70-137-218-257-211
Cash Flow From Investing Activity + -835-394-261-318-138-245-400-1,208-455-627
Capex -281-418-258-274-160-292-399-744-588-1,406
Net Investments 60-74-24-60-819-18-48382721
Others -614982017302716195158
Cash Flow From Financing Activity + 830-409-522-963-1,441-96-747-413-237-783
Net Proceeds from Shares 00198000049200
Net Proceeds from Borrowing 834438-188-388-81-448-342-194-152403
Interest Paid -431-464-519-525-471-425-443-454-479-438
Dividend Paid -57-57-34-45-17-49-37-75-91-82
Others 483-32622-5-87282675-181484-666
Net Cash Flow 100-16614-4320576-72334
PARTICULARSMar'17Mar'18Mar'19Mar'20Mar'21Mar'22Mar'23Mar'24Mar'25Mar'26
Ratios
ROE (%)20.443.218.36.4813.47.288.520.6110.914.03
ROCE (%)15.97.4410.016.6913.189.5310.7319.3612.714.3
Asset Turnover Ratio0.950.80.950.780.821.041.21.141.031.08
PAT to CFO Conversion(x)0.2810.114.538.34.81.734.621.991.391.87
Working Capital Days
Receivable Days70.2072.6061.4079.4068.7054.2053.1061.3069.4067.50
Inventory Days48.1060.2055.2069.2068.3064.3057.4054.2059.7058
Payable Days91.2082.7075.50112.40108.9085.4073.108080.6073.30

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JK Tyre & Industries Ltd FAQs

The current trading price of JK Tyres & Inds. on 22-Sep-2026 16:59 is ₹346.4.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of 21-Sep-2026 the market cap of JK Tyres & Inds. stood at ₹9,987.8 Cr

The latest P/E ratio of JK Tyres & Inds. as of 21-Sep-2026 is 16.06.

The latest P/B ratio of JK Tyres & Inds. as of 21-Sep-2026 is 1.87.

The 52-week high of JK Tyres & Inds. is ₹611.6 and the 52-week low is ₹339.4.

The TTM revenue is Trailing Twelve Months sales. The TTM revenue/sales of JK Tyres & Inds. is ₹14,271 ( Cr.) .

Past 10 year's financial track record analysis by Moneyworks4me indicates that JK Tyre & Industries Ltd is a average quality company.

The key valuation ratios of JK Tyre & Industries Ltd's currently when compared to its past seem to suggest it is in the Somewhat Undervalued zone.

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of JK Tyre & Industries Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

About JK Tyre & Industries Ltd

The flagship company of JK Organisation, JK Tyre & Industries Limited is one of India’s foremost tyre manufacturers and is also amongst the top 25 manufacturers in the world. The company offers a wide range of products catering to diverse business segments in the automobile industry. The company is also respected as one of ‘greenest’ tyre companies in the world, especially in the area of raw water consumption per unit of production, green-house gas emissions and energy consumption.

For the past few decades, the company has been at the forefront in driving innovation and excellence in the tyre industry through introduction of ground-breaking technologies and products that cater to diverse business segments in the automobile industry. Pioneers of radial technology, the company produced the first radial tyre in 1977 and is currently the market leader in Truck Bus Radial segment. In 2019, the company achieved a remarkable feat by entering the coveted Limca Book of Records with the country’s largest off-the-road tyre - VEM 045. The company provides end-to-end solutions across segments of passenger vehicles, commercial vehicles, farming, Off-the-Road and two & three-wheelers.

JK Tyre’s unwavering commitment towards innovation is reflected through the concerted efforts at its state-of-the-art global research and technology centre – the Raghupati Singhania Centre of Excellence - in Mysore. The Centre houses some of the world’s finest technologies and techniques, thereby, adding to the larger efforts of the company to put India on the global innovation map. The Hari Shankar Singhania Elastomer and Tyre Research Institute (HASETRI) - which fulfils need for globally competitive technologies for tyres and polymers and the JK Tyre Tech Centre, a hub for new product development catering to current and emerging needs of customers.

Business area of the company

The company is engaged in the manufacture and marketing of automotive tyres, tubes and flaps. The Company’s tyre products comprise Truck/Bus Radial & Bias , Passenger car radials, 2/3 wheeler tyres, LCV & SCV Bias & Radial, Off-Highway Tyres (OTR and Farm), as well as speciality tyres for Racing, Military/ Defence, Industrial and Farm applications.

Awards

2009-10:

  • CII Energy Management Award 2009.
  • Golden Peacock Environment Award, 2009.
  • Golden Peacock National Quality Award.
  • Capexil Top Export Award for the year 2009.
  • Export Excellence Award, 2009, Federation of Karnataka, Chambers of Commerce & Industry.

2012-13:

  • ‘Greentech Environment ‘Gold’ Award’ in Rubber Sector.
  • Award for ‘Water Efficiency Unit’ by CII.
  • Award for Organization with Innovative HR Practices from Asia Pacific HRM Congress.

2013-14:

  • Gold award for Quality Circle in GCCQC 2013 by Quality Circle Forum of India.
  • Manufacturing Excellence Award for Reducing Cost and High Quality Standard by World Brand Congress.
  • ‘Golden Peacock Award’ for HR Excellence for adopting best HR Practices & innovative strategies in business at the Global Convention, London, UK.
  • ‘Greentech Environment ‘Gold’ Award’ in Rubber Sector.

2014-15:

  • Asia’s Most Promising Brand 2014 by World Consulting and Research Council (WCRC).
  • Greentech Environment Award 2015 - Gold Category.
  • General Motors Quality Excellence Award 2014 for Exceptional Quality Performance.
  • IEI Industry Excellence Award 2014 for Business Excellence and Industry Practices.

2015-16:

  • Ranked No.1 in ‘Customer Satisfaction with Original Tyre’ by JD Power Asia Pacific Study 2015.
  • The ‘Brand of the Year’ award by the World Branding Forum, a global non-profit organization dedicated to advancing branding standards.
  • The ‘National Energy Conservation’ award 2015, in the tyre sector (Chennai plant) by the Ministry of Power, Government of India.
  • The TPM Consistency award for ‘Manufacturing Excellence’ at the Mysuru plant.

2016-17:

  • Awarded ‘Super Brand’ for 2016-17 by Super Brand Council of India for six times consecutively, since 2004.
  • FICCI Corporate Social Responsibility Award 2015-16 in recognition of commendable work done as a socially responsible company.
  • CII National HR Excellence Award, 2016 for significant achievement in HR excellence.
  • Platinum Category Award, 2016 by Indian Green Building Council (IGBC) for the Chennai tyre plant.

2017-18:

  • Certified as Great Place to Work for the year 2018.
  • Best Supplier Quality Excellence Award 2016 from General Motors.
  • National Award for Excellence in Energy Management 2017.
  • UCCI PP Singhal Excellence Award in CSR - Large Enterprises Category 2018.

2018-19:

  • Awarded at ‘National Water Awards for Excellence in Water Management 2018’ by Confederation of Indian Industries (CII) as ‘Noteworthy Project in Water Management’ under ‘Beyond the fence’ category.
  • Awarded at UCCI Excellence Award 2019 for outstanding achievement in the Corporate Social Responsibility category.
  • 7th ACEF Asian Award for Excellence in CSR, 2018 for sustainable community development.

2019-20:

• Great Place to Work: Recognition of a high trust and high performance culture.
• Frost & Sullivan and Teri Sustainability 4.0 Award: For Vikrant Tyre Plant (Mysuru) for commitment towards environment and sustainability.
• 5 Exhibit Innovative Tech Award 2019: Awarded the Editor’s Choice Innovative Tech Award 2019 for Treel.
• ICONIC IDC Insights Awards 2019.

Milestones

  • 1976: First tyre plant commissioned in Kankroli, Rajasthan.
  • 1991: Second tyre plant commissioned in Banmore, Madhya Pradesh.
  • 1997: Acquired Vikrant Tyres, Mysuru.
  • 1999: Launched allsteel truck radial tyres in Mysuru.
  • 2008: Acquired Tornel plant in Mexico.
  • 2010: Commissioned a new OTR plant in Mysuru.
  • 2011: Launched ‘New Jet Xtra’, a Truck Tyre for rear wheel fitment.
  • 2012: Inaugurates its Steel Wheels Showroom in Allahabad.
  • 2012: Inaugurates state-of-the-art Steel Wheels Showroom in the National Capital.
  • 2012: Inaugurates its largest Truck Wheels Centre in Vijayawada.
  • 2012: Commissioned a greenfield plant in Chennai.
  • 2013: Launches Fix-a-tyre, India’s first On-Road Tyre Assistance Service to Chennai.
  • 2013: Inaugurates its exclusive Truck Wheels Centre in the Puducherry.
  • 2016: Acquired Cavendish Industries.
  • 2017: Ties up with Suzuki.
  • 2017: Strengthens presence in two-wheeler tyres with BLAZE.
  • 2019: Launched the next generation of fuel-efficient tyres - the XF Series.
  • 2019: Launch of TREEL Sensors, a one of a kind technology-based tool geared towards smart monitoring and maintenance of tyres.
  • 2019: Strengthens presence in Gujarat:Opens 5th XpressWheel with modern FARM Tyres Facilities in Deesa.
  • 2020: Launches smart range of tyres on Amazon.in.
  • 2021: Ties-up with Hyundai Motor India to drive growth in the OEM segment - Becomes Tyre Partner for top-end variants of Hyundai Creta.
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