Overview Fundamentals Financials Technicals Corporate Action Shareholding Pattern Peer Comparison News Stock Analysis About Company FAQs

JK Tyre & Industries Ltd Share Price

Tyres - Large

NSE: JKTYRE Small Cap ISIN: INE573A01042
As on 22 January 2025 at 15:59 IST
As on 22 January 2025 at 15:59 IST
346.30
-11.95
(-3.34%)
About JK Tyre & Industries Ltd

JK Tyre and Industries Ltd is a leading manufacturer of tires in India, known for its wide range of products catering to various segments of the automobile industry. The company operates in the automotive sector. It was established in 1974 and has been in business for decades. The company’s headquarters is located in New Delhi, India. JK Tyre also has a rich heritage and a strong foundation in the industry. The company’s main products include a variety of tires, such as car tires, bus and truck tires, and tubeless and tube tires. Read More...

Over 1 Month
-7.70%
Over 6 Months
-18.59%
Over 1 Year
-24.16%
Over 3 Years
158.01%

JK Tyre & Industries Ltd Summary

Close ₹ 346.30
Open ₹ 363.50
High ₹ 364.20
Low ₹ 345
Volume 5,38,176
Net Turnover (in ₹) ₹ 7,84,44,388.85
52Wk High ₹ 553.95
52Wk Low ₹ 349.60
52Wk High / Low
345
553.95

JK Tyre & Industries Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 9,816.77
EPS (TTM) 20.83
Book Value (BV) 147.65
Div. Yield 1.20 %
P/E (TTM) 17.74
Price/Book Value 2.42
Delivery % 46.39 %
Face Value 2

Key Ratios

PE Ratio 19.05
PB Ratio 3.07
EV to Sales 1.27
PEG Ratio 0.09
ROA 8.35
ROE 17.41
Debt-Equity 0.75
Net Profit Margin 5.73
Operating Profit Margin 13.34

JK Tyre & Industries Ltd Financials

Profit and Loss

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue15,046.1314,681.4612,019.529,145.278,753.29
Total Expenses13,807.8614,208.6911,714.118,648.408,664.16
Profit Before Tax1,210.92411.25309.01534.35-16.77
Profit After Tax811.48264.74200.30333.44149.01
Operating Profit after Depreciation1,685.20927.27724.50962.72638.12

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets6,824.576,465.946,429.046,249.356,382.93
Total Non Current Assets7,537.937,037.056,913.786,894.697,084.92
Total Current Assets6,556.565,411.515,333.874,0924,205.25
TOTAL ASSETS14,094.4912,448.5612,247.6510,986.6911,290.17
Total Shareholder's Fund4,486.713,396.162,848.312,672.742,331.35

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities1,614.161,224.19346.051,598.441,237.35
Net Cash used in Investing Activities-1,202.71-397.76-244.47-134.41-318.72
Net Cash used in Financing Activities-413.28-747.33-96.19-1,440.76-962.57

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Total Revenue10,349.499,649.448,062.266,170.126,120.23
Total Expenses9,446.279,343.207,801.915,795.776,027.91
Profit Before Tax881.97270.07264.30395.5685.17
Profit After Tax590.76183.77183.04256.45228.66
Operating Profit after Depreciation1,144.77563.75489.96640.62435.24

Balance Sheet

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Fixed Assets3,573.393,373.483,349.243,336.323,493.13
Total Non Current Assets4,787.794,363.054,357.304,287.784,463.23
Total Current Assets4,764.833,642.973,787.522,968.433,025.26
TOTAL ASSETS9,552.628,006.028,144.827,256.217,488.49
Total Shareholder's Fund3,896.032,889.222,526.102,398.392,162.50

Cash Flow

Particulars (in ₹ Cr.) FY 2024FY 2023FY 2022FY 2021FY 2020
Net Cash from Operating Activities1,098.04676.8573.321,252.52782.65
Net Cash used in Investing Activities-1,009.34-268.14-202.70-19.72-250.62
Net Cash used in Financing Activities-74.29-411.64141.43-1,212.59-586.97

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue3,621.563,639.083,698.453,687.723,897.53
Total Expenses3,200.303,139.103,217.293,137.543,308.39
Profit Before Tax198.79290.31251.72340.63376.82
Profit After Tax144.25211.74174.90226.99250.25
Operating Profit after Depreciation442.85515.72496.79562.78596.93

Particulars (in ₹ Cr.) 2024-09 2024-06 2024-03 2023-12 2023-09
Total Revenue2,514.632,492.362,616.082,563.702,677.68
Total Expenses2,261.452,186.672,283.222,200.782,288.30
Profit Before Tax135.86193.57204.35250.24274.90
Profit After Tax99.13143.19146.29164.35179.97
Operating Profit after Depreciation271.82320.10345.79373.43395.21

JK Tyre & Industries Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3
S1 354.87
S2 351.48
S3 346.97
Pivot 359.38
R1 362.77
R2 367.28
R3 370.67

Moving Average

20 SMA 373.29
50 SMA 381.35
100 SMA 394.78
200 SMA 405.78

JK Tyre & Industries Ltd Corporate Actions

JK Tyre & Industries Ltd

₹3.5/Share

Announcement Date 26 Jul 2024
Record Date 27 Jul 2024
Div Yield 175%

JK Tyre & Industries Ltd Peer Comparison

Company Price Market Cap (in ₹ Cr)
JK Tyre & Industries Ltd ₹357.90 ₹9,807.18
Balkrishna Industries Ltd ₹2,677.55 ₹51,761.64
MRF Ltd ₹1,12,110.50 ₹47,547.67
Apollo Tyres Ltd ₹447.70 ₹28,433.47
CEAT Ltd ₹2,960.15 ₹11,973.83
TVS Srichakra Ltd ₹3,203.65 ₹2,454

JK Tyre & Industries Ltd News

JK Tyre secures $100-million sustainability-linked loan from IFC

JK Tyre & Industries said that International Finance Corporation (IFC) has sanctioned a $100 million sustainability-linked loan (SLL) to the company.

22 Jan 2025, 10:06 am

JK Tyre & Industries secures $100 million Sustainability-Linked Loan from IFC

22 Jan 2025, 09:21 am

Stockl Alert: JK Tyre, India Cements, Dalmia Bharat, PNB Housing Finance

22 Jan 2025, 08:45 am

Stock Alert: JK Tyre, G N A Axles, Tata Motors, Ashok leyland

13 Dec 2024, 08:30 am

JK Tyre & Industries declare Quarterly Result

On 5 November 2024

31 Oct 2024, 10:42 am

JK Tyre & Industries Ltd Stock Analysis

  1. Annual revenue for JK Tyre & Industries Ltd increased by 7.25% to ₹10,349.49 crore in FY 2024 from ₹9,649.44 crore in FY 2023.
  2. Annual Net Profit for JK Tyre & Industries Ltd increased by 221.47% to ₹590.76 crore in FY 2024 from ₹183.77 crore in FY 2023.
  3. Promoter Shareholding in JK Tyre & Industries Ltd remains unchanged by 0.00% in the most recent quarter, from 50.55% in September 2024 to 50.55% in December 2024.
  4. JK Tyre & Industries Ltd delivered a 1-year return of -24.16% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
  5. JK Tyre & Industries Ltd share price moved down by 3.34% from its previous close of INR ₹358.25. The latest JK Tyre & Industries Ltd share price is INR ₹346.30.
  6. JK Tyre & Industries Ltd share price today has been at a low of 345 and a high of 364.20. Over the past 52 weeks, the JK Tyre & Industries Ltd share price has seen a low of 345 and a high of 553.95.

About JK Tyre & Industries Ltd

JK Tyre and Industries Ltd is a leading tire manufacturer in India. It is known for its wide range of products catering to various segments of the automobile industry. The company operates in the automotive sector, focusing on the production of tyres for passenger vehicles and commercial vehicles. It also manufactures tyres for farming equipment and two- and three-wheelers.

Established in 1974, JK Tyre has been in business for decades. The company’s headquarters is located in New Delhi, India. As the flagship company of the JK Organisation, JK Tyre has a rich heritage and a strong foundation in the industry.

The promoters of the company include Bengal & Assam Company Ltd., with a 47.44% stake. The promoter shareholding in JK Tyre reflects the confidence and commitment of the promoters. It highlights their dedication to the company’s growth and stability. This substantial shareholding highlights the promoters’ belief in the company’s potential and prospects. It also has a team of professional managerial promoters who manage the operations of the company. They are -
  • Raghupati Singhania
  • Anshuman Singhania
  • Arun K Bajoria
  • Shreekant Somany
  • Meera Shankar

JK Tyre’s main products include a variety of tires such as car tires, bus and truck tires, bias and radial tires, and tubeless and tube tires. The company is particularly noted for pioneering radial technology in India, producing the first radial tyre in 1977. Additionally, JK Tyre offers innovative products like the Smart Tyre. It incorporates Tyre Pressure Monitoring Systems (TPMS) to monitor tire pressure and temperature.

While JK Tyre is a significant player in the tire industry, it is not the largest in terms of market share or market capitalization. However, it is recognized for its leadership in the Truck Bus Radial segment. The company also has a strong presence in both domestic and international markets. The registered office of JK Tyre is in Kankroli, Rajasthan and the office of the registrars is in New Delhi, Delhi.

How has JK Tyre contributed to sustainability practices in the industry?

JK Tyre has made significant strides in promoting sustainability. This is evident within the tyre manufacturing industry. The company’s commitment to environmental stewardship is evident through its initiatives aimed at reducing its ecological footprint. It also promotes sustainable practices.

One of the key areas where JK Tyre has focused its sustainability efforts is in the reduction of carbon emissions. The company has implemented energy-efficient technologies and processes across its manufacturing facilities. These measures help in lowering greenhouse gas emissions and conserving energy. For instance, JK Tyre has adopted the use of renewable energy sources such as wind and solar power in its plants. This shift not only reduces reliance on fossil fuels but also contributes to a cleaner environment.

Water conservation is another critical aspect of JK Tyre’s sustainability strategy. The company has installed advanced water management systems. These systems optimize water usage in their manufacturing processes, including rainwater harvesting and efficient water usage practices. As a result, JK Tyre has significantly reduced its water consumption, which ensures that vital resources are used responsibly.

Waste management is also a priority for JK Tyre. The company has implemented comprehensive waste reduction and recycling programs. These programs focus on minimizing waste generation and maximizing the recycling of materials. For example, JK Tyre recycles rubber waste generated during the manufacturing process.

JK Tyre’s commitment to sustainability extends to its product design and development. The company invests in research and development to create eco-friendly tyres. These tyres offer better fuel efficiency and a longer lifespan. These tyres are designed to reduce rolling resistance. This helps lower fuel consumption and carbon emissions. Additionally, JK Tyre has introduced the concept of retreading, which involves refurbishing worn-out tires to extend their life. Retreading not only reduces waste but also provides a cost-effective solution for consumers.

The company’s sustainability efforts are not limited to its operations and products. JK Tyre actively engages with its stakeholders and employees to promote sustainable practices. The company conducts regular training and awareness programs to educate its workforce about the importance of sustainability. These programs encourage employees to adopt eco-friendly practices both at work and in their personal lives.

JK Tyre also collaborates with various organizations and industry bodies to promote sustainability in the tire manufacturing sector. The company participates in initiatives focused on developing industry-wide standards for environmental management. It also works on establishing best practices in this area. Through these collaborations, JK Tyre contributes to the broader goal of creating a more sustainable and responsible industry.

In addition to its environmental initiatives, JK Tyre is committed to social sustainability. The company undertakes various corporate social responsibility (CSR) activities. These initiatives focus on community development and healthcare in the communities in which the company operates. For example, JK Tyre has established educational programs and scholarships to support underprivileged students.

JK Tyre’s sustainability practices have been recognized through various awards and certifications. The company has received accolades for its efforts in energy conservation, waste management, and corporate social responsibility. These recognitions are a testament to JK Tyre’s commitment to sustainability. They highlight its role as a responsible corporate citizen.

FAQ’s

What is the share price of JK Tyre & Industries Ltd today?

JK Tyre & Industries Ltd share price as on 22 Jan 2025 is ₹ 346.3

What is the Market Cap of JK Tyre & Industries Ltd?

The market cap of JK Tyre & Industries Ltd stock is ₹9,816.77 Cr.

What is the PE Ratio of JK Tyre & Industries Ltd?

The Price to Earnings (P/E) Ratio of JK Tyre & Industries Ltd is 19.05

What is the PB Ratio of JK Tyre & Industries Ltd?

The Price to Book (P/B) Ratio of JK Tyre & Industries Ltd is 3.07

What is the 52 week high of JK Tyre & Industries Ltd Share Price?

The 52 week high of JK Tyre & Industries Ltd share price stands at ₹553.95

What is the 52 week low of JK Tyre & Industries Ltd Share Price?

The 52 week low of JK Tyre & Industries Ltd share price stands at ₹349.60

Get started with us today and
start building your wealth journey