JKTYREAutomobile and Auto Components

JK Tyre & Industries Limited

Tyres & Rubber Products · ISIN INE573A01042 · BSE 530007 · NSE EQ · FV ₹2
Last price
₹349
+1.53%today
What this company does

JK Tyre & Industries Limited operates in Tyres & Rubber Products, part of the Automobile and Auto Components sector. It booked ₹3,946 cr of revenue in its latest quarter (Q1 FY27) and kept 1.1% of sales as profit. It is the 5th largest of 8 Tyres & Rubber Products companies we track, by market value.

Their stated vision

to be a Green development continued across commercial, passenger, off-highway Sustainability continued to remain a strategic priority for your India.

In the report:
51out of 100
Equitytale Health Score
Mixed

Healthier than 51% of companies in Automobile and Auto Components, on all six measures of filed financials. Each measure is ranked against the 9–48 companies that reported it.

Measures financial condition, not whether to buy. Learn what this score means · How this is calculated

Price momentum
oversold
RSI (14)
30

At close. Not part of the score.

Profitability & returns8

How much profit it earns on the money it employs

Balance sheet14

How much it owes, and whether earnings cover the interest

Cash quality83

Whether reported profit actually arrives as cash

Growth & consistency59

Whether sales and profit have grown, and how steadily

Valuation100

What today's price implies, against our models or its peers · highest in its sector on what we could measure

Governance & risk100

How much of the promoters' stake is pledged, and how much they hold · highest in its sector on what we could measure

Is this company doing well?
not investment advice
Strengths
Makes a profit
Promoters hold 52%
No promoter shares pledged
Turns profit into real cash
Watch-outs
! Thin 1.1% net margin
! Profit down 73% vs last year
! Low 2.9% return on equity

What if I invest in JKTYRE?

Set a growth rate and see what a monthly SIP would add up to. Your assumption, our arithmetic.

You would put in
₹12.00 lakh
120 instalments
At 10% a year, it would become
₹20.15 lakh

The starting rate is a round number, not a view on this company — this is your assumption, and the figure above is arithmetic on it. Returns are not steady year to year, and a real holding would not grow in a straight line. We do not publish price targets or predict returns.

Key ratios · latest quarter + price
₹349 +1.53%
latest close · 2026-09-17
1-year return
+141.6%
52-wk low ₹9552-wk high ₹422
Is it cheap or expensive?
What you pay for the profits, book value and cash flow. Higher isn't automatically worse — it can signal faster growth.
P/E ratio56.2High
LowAverageHigh
P/B ratio1.66Moderate
Below bookModerateHigh
EV / EBITDA13.1Average
LowAverageHigh
How good is the business?
How much profit it earns from its money and its sales.
Return on equity2.9%Weak
WeakFairStrong ▸15%
Return on capital5.8%Weak
WeakFairStrong
Net margin1.1%Thin
ThinDecentStrong
EBITDA margin7.1%Thin
ThinDecentHealthy
Is it financially safe?
How much it owes, and whether it can comfortably cover it.
Debt to equity0.78Moderate
LowModerateHigh ▸1
Interest cover1.5×Risky
RiskyOkayStrong ▸5×
Current ratio1.34Healthy
Tight ◂1HealthyAmple
More figures
Market cap
₹10,049 cr
Book value
₹210
EPS
₹1.55
latest quarter
Net debt
₹4,509 cr
owes more than its cash
Enterprise value
₹14,558 cr
EBITDA
₹1,114 cr
annualised
EBIT
₹611 cr
annualised
Operating margin
3.9%
Return on assets
1.1%
Earnings yield
1.78%
P/S
0.64
Sales / share
₹547.5
Tax rate
20.6%
Face value
₹2
Shares
28.8 cr
Working capital
₹1,868 cr
Current assets
₹7,295 cr
Current liabilities
₹5,427 cr
Delivery %
46.2%
Strong / safeFairWeak / riskyValuation — a level, not good/badBands are general rules of thumb, not advice.

P/E, ROE, ROCE and margins are annualised from the latest quarter; per-share and balance-sheet ratios use the most recent balance sheet on file · prices as of 2026-09-17.

Worth vs price · from the FY 2026 report & filings
not investment advice
Looks overpricedMedium confidence
Median of 2 models ₹254 vs market price ₹349 — price is 37% above it
Safety cushion-37.3%(target ≥ +20%)
Models span ₹250₹258, midpoint ₹254
Model ₹254
Price ₹349
Cheap sideExpensive side

An educational model from the company's own filings, every assumption shown — not investment advice or a price target. Prices can stay above or below any model for years.

P&L · Q1 FY27 (consolidated)
Revenue from Operations₹3,946 cr
Other Income₹9 cr
Total Income₹3,956 cr
Cost of Materials₹3,037 cr
Purchases of Stock-in-Trade₹74 cr
Inventory Change (±)₹-342 cr
Employee Benefit Expense₹317 cr
Finance Costs₹99 cr
Depreciation & Amortisation₹126 cr
Other Expenses₹603 cr
Total Expenses₹3,913 cr
Exceptional Items₹11 cr
Profit before Tax₹54 cr
Tax Expense₹11 cr
Share of JV / Associates₹1 cr
Net Profit₹44 cr
Net margin on total income1.1%
Where the money goes · Q1 FY27
% of total income
Materials + stock-in-trade₹2,768 cr69.8%
Employee benefit expense₹317 cr8.0%
Finance costs₹99 cr2.5%
Depreciation & amortisation₹126 cr3.2%
Other expenses₹603 cr15.2%
Tax expense₹11 cr0.3%
Profit for the period₹44 cr1.1%
Total income ₹3,956 cradds up to ₹100 ✓
Quarterly results · consolidated (₹ cr)
MetricQ3 FY26Q4 FY26Q1 FY27
Revenue4,223 cr4,223 cr3,946 cr
Total income4,235 cr4,233 cr3,956 cr
Expenses3,877 cr3,910 cr3,913 cr
Profit before tax254 cr277 cr54 cr
Tax45 cr89 cr11 cr
Net profit (owners' share)208 cr178 cr44 cr
Net margin (owners' share, on revenue)4.9%4.2%1.1%
EPS (₹)7.296.251.55
YoY (latest quarter): total income +1.7% · net profit -73.4%
Balance sheet & cash flow · as of Mar 2026
Moderate debt
Total assets
₹15,996 cr
Shareholder equity
₹6,061 cr
parent shareholders
Total debt
₹4,746 cr
Cash
₹237 cr
Cash flow · H1 FY26
Operating
₹866 cr
Investing
₹-405 cr
Financing
₹-512 cr
Peer comparison
Tyres & Rubber Products · by market value
CompanyPriceMarket capP/E
MRF Limited₹1,24,585₹52,824 cr26.7
Balkrishna Industries Limited₹2,171₹41,962 cr23.3
Apollo Tyres Limited₹412₹26,176 cr18.7
CEAT Limited₹3,431₹13,724 cr801.7
JK Tyre & Industries Limitedthis company₹349₹10,049 cr56.2
TVS Srichakra Limited₹4,886₹3,743 cr27.5
Tolins Tyres Limited₹88₹349 cr14.0
Modi Rubber Limited₹124₹310 cr18.2
Same industry · latest reported numbers · not a recommendation.
Corporate actions
Dividend yield
1.15%
trailing 12 months
Dividend / share (TTM)
₹4
Last dividend
₹4
ex 30 Jul 2026
ActionDetailEx-date
Dividend₹4 / share30 Jul 2026
Dividend₹3 / share31 Jul 2025
Dividend₹3.5 / share26 Jul 2024
Dividend₹1 / share16 Feb 2024
Dividend₹2 / share27 Jul 2023
Dividend₹1.5 / share18 Aug 2022
Who owns it · 2026-06-30
No pledge
Promoter
51.7%
FII / Foreign
15.8%
DII / Domestic
7.3%
Retail / others
25.3%
Promoter stake down 1.4% over the last 12 quarters.
Smart-money activity
Insider trades
BoughtAnshuman Singhania (Karta of Shripati Singhania HUF) · Promoter Group8.15 L · ₹9.4 cr28 Mar 22
BoughtVikram Pati Singhania HUF · Promoter Group97,44930 Mar 21
SoldBharat Hari Singhania HUF · Promoter Group4.25 L30 Mar 21
Bulk / block deals
short · NSE16724 Jul 26
short · NSE12510 Jul 26
short · NSE12 Jul 26
Stake changes
BoughtHDFC Mutual Fund→ 5.02% · 2.57 L11 Dec 25
BoughtBengal & Assam Company Ltd→ 50.55%16 Sep 24
SoldNavodya Enterprises→ 3.90% · 67,5863 Apr 24
Promoter pledges
ReleasedIDBI Trusteeship Services Limited in the capacity of Security Trustee for the Corporate Loan facilities availed by BACL from KKR India Financial Services Pvt. Ltd.5.10 cr · 20.71% held30 Aug 19
ReleasedIDBI Trusteeship Services Ltd in the Capacity of Security Trustee for the Corporat loan Facilities Availed by BACL from KKR India financial Services Pvt ltd50.00 L · 22.74% held20 Aug 19
PledgedIDBI Trusteeship Services Ltd in the Capacity of Security Trustee for the Corporate Loan facilities availed by BACL From KKR India Financial Services Pvt ltd70.00 L · 19.90% held1 Aug 19
What shareholders were asked to approve
2 proposals passed only on promoter votes

A company cannot decide everything on its own. Things like a top executive’s pay, issuing new shares, or re-appointing a director have to be put to the people who own the company, and they vote — one vote per share. So whoever owns the most shares has the most say.

Court Convened Meeting · 3 Sep 2025
See the official result
1
Scheme of Amalgamation of Cavendish Industries Limited (“Transferor Company”) with JK Tyre & Industries Limited (“Transferee Company”) and their respective shareholders under Sections 230 to 232 and other applicable provisions of the Companies Act, 2013 (“Act”) (“Scheme”)
Promoters had a personal stake in this
Backed by 100% of shareholders other than promotersneeded 75%
6.54 cr votes for, 2,411 against · 0% of mutual funds and other big investors said no

Every vote count above is taken from the result the company filed with the stock exchange, certified by an independent counter. To work out what would have happened without the promoters, we simply remove their votes and re-apply the same legal bar the proposal had to clear. Nothing here is an estimate or an opinion.

Who controls this company, and what it pays them

Most Indian companies are controlled by a family or group — the promoters. The exchange requires them to be listed by name, including members who own no shares at all, and requires the company to disclose any business it does with them.

The promoter group — 50 named members
owning 51.7% between them · as of 2026-06-30
BENGAL & ASSAM COMPANY LTD.45.43%
VALIANT PACIFIC LLC2.39%
J.K. FENNER (INDIA) LIMITED0.64%
RAGHUPATI SINGHANIA0.60%
VINITA SINGHANIA0.56%
BHARAT HARI SINGHANIA (Shares held on behalf of Firm - M/s Juggilal Kamlapat Lakshmipat)0.45%
SUNANDA SINGHANIA0.29%
YPL ENTERPRISES PRIVATE LIMITED0.28%
Business done with them
FY2026 · 8 of the group
The company paid ₹142 cr to companies in the promoter group last year — about 0.9% of its ₹16,327 cr revenue and received ₹577 cr back from them.
Valiant Pacific LLC.
Sold goods to them · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 2.39% of the company
₹402 cr
company received
J.K. FENNER (INDIA) LIMITED
Sold property or assets to them · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 0.64% of the company
₹111 cr
company received
Valiant Pacific LLC.
Bought goods from them · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 2.39% of the company
₹48 cr
company paid
Dr. Raghupati Singhania
Other payments to them · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 0.60% of the company
₹44 cr
company paid
BENGAL & ASSAM COMPANY LIMITED
Sold goods to them · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 45.43% of the company
₹42 cr
company received
Shri Anshuman Singhania
Other payments to them · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 0.17% of the company
₹39 cr
company paid
BENGAL & ASSAM COMPANY LIMITED
Sold property or assets to them · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 45.43% of the company
₹20 cr
company received
Shri Bharat Hari Singhania
Other payments to them · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 0.23% of the company
₹7 cr
company paid
BENGAL & ASSAM COMPANY LIMITED
Paid them for services · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 45.43% of the company
₹3 cr
company paid
J.K. FENNER (INDIA) LIMITED
Settlement Of Liabilities By Entity On Behalf Of Related Party · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 0.64% of the company
₹2 cr
company paid
BENGAL & ASSAM COMPANY LIMITED
Settlement Of Liabilities On Behalf Of Entity By Related Party · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 45.43% of the company
₹1 cr
company received
Valiant Pacific LLC.
Settlement Of Liabilities On Behalf Of Entity By Related Party · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 2.39% of the company
₹1 cr
company received
Smt. Sunanda Singhania
Other payments to them · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 0.29% of the company
₹25 L
company paid
J.K. FENNER (INDIA) LIMITED
Other income from them · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 0.64% of the company
₹19 L
company received
JK AGRI GENETICS LIMITED
Settlement Of Liabilities By Entity On Behalf Of Related Party · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
₹8 L
company paid
BENGAL & ASSAM COMPANY LIMITED
Settlement Of Liabilities By Entity On Behalf Of Related Party · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 45.43% of the company
₹2 L
company paid
J.K. FENNER (INDIA) LIMITED
Bought goods from them · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
also owns 0.64% of the company
₹2 L
company paid
JK AGRI GENETICS LIMITED
Settlement Of Liabilities On Behalf Of Entity By Related Party · Transactions were carried out with related parties in the ordinary course of business and on arm’s length basis
₹1 L
company received

The company also transacted with 18 other related parties — subsidiaries, joint ventures, directors and others — that we could not match by name to the promoter list above. Some may still be connected to the family; we only count the ones the filings let us match with certainty.

Names and holdings from the company’s shareholding pattern filed with the exchange; transactions from the related-party note in its annual report. Every figure is as filed — these are legal, disclosed dealings, and what to make of them is your call.

Money it raised, and what it did with it

When a company raises money from investors, it has to say up front what the money is for. The rules then make it report, every three months until the money is gone, how much of each of those things it has actually paid for — so a promise made while asking for the money can be checked afterwards.

₹500 cr raised in Dec 2023 by selling shares to large investors

As of Mar 2026, the company says it has spent 100% of what it set aside. India Ratings & Research Pvt. Ltd. watches the spending on the exchange’s behalf.

Capital expenditure, including towards expansion and development of one or more manufacturing facilities of the Company or of its Subsidiaries (through investment in such Subsidiaries)
100%
₹350 cr of ₹350 cr
Working capital requirements of the Company or, its Subsidiaries (through investment in such Subsidiaries)
100%
₹25 cr of ₹25 cr
General Corporate Purposes
100%
₹117 cr of ₹117 cr
Spent by quarter: 9%19%44%67%100% (to Mar 2026)
₹240 cr raised in Mar 2023 by selling shares to selected investors

As of Mar 2025, the company says it has spent 100% of what it set aside. CARE Ratings Limited watches the spending on the exchange’s behalf.

Capital expenditure for expansion of manufacturing capacities of the Company, including by way of investment in Cavendish Industries Ltd. (a subsidiary) also for expansion of manufacturing capacities
100%
₹180 cr of ₹180 cr
General Corporate Purposes
100%
₹60 cr of ₹60 cr

Every figure above is taken from the statement the company files with the stock exchange each quarter, for as long as money it has raised remains unspent. The only thing we work out is how much of each stated purpose has been paid for — one number divided by another from the same filing. Whether a plan that changed was a good change is not something a filing can tell you. See the filing

How the stock has moved · adjusted for splits & bonuses
Data from primary exchange filings · analysis tool, not investment advice.