JK Tyres & Inds.
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JK Tyres & Inds. share price

JK Tyre & Industries Ltd.

NSE: JKTYRE BSE: 530007 SECTOR: Tyres & Allied  216k   811   143

388.00
-2.70 (-0.69%)
BSE: 05 Nov 04:01 PM

Price Summary

Today's High

₹ 394.95

Today's Low

₹ 386.5

52 Week High

₹ 554.35

52 Week Low

₹ 332.2

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyOptimal
The company could improve upon its asset employment.
FinancialsVery Stable
The company possesses stable growth history and manageable debt.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

₹ 10631.98 Cr.

Enterprise Value

₹ 12396.3 Cr.

No. of Shares

27.4 Cr.

P/E

16.77

P/B

2.49

Face Value

₹ 2

Div. Yield

1.16 %

Book Value (TTM)

₹  156.02

CASH

₹ 591.83 Cr.

DEBT

₹ 2356.15 Cr.

Promoter Holding

50.55 %

EPS (TTM)

₹  23.13

Sales Growth

7.23%

ROE

17.44 %

ROCE

19.24%

Profit Growth

221.47 %

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* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of JK Tyre & Industries Ltd.

Vikrant Tornrl

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.

PE Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

PB Chart 1w 1m 3m 6m 1Yr 3Yr 5Yr

* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year7.23%
3 Year18.91%
5 Year6.27%

Profit Growth

1 Year221.47%
3 Year32.07%
5 Year23.65%

ROE%

1 Year17.44%
3 Year10.57%
5 Year10.81%

ROCE %

1 Year19.24%
3 Year12.95%
5 Year12%

Debt/Equity

0.6054

Price to Cash Flow

9.68

Interest Cover Ratio

4.6513

CFO/PAT (5 Yr. Avg.)

2.69178196134971

Shareholding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Sep 2024 50.55 0.00
Jun 2024 53.13 0.00
Mar 2024 53.13 0.00
Dec 2023 53.13 0.00
Sep 2023 56.26 0.00
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good profit growth of 32.069578808309% for the Past 3 years.
  • The company has shown a good revenue growth of 18.9062040438193% for the Past 3 years.
  • Company’s PEG ratio is 0.0823714829608698.
  • The company has an efficient Cash Conversion Cycle of 51.0996 days.
  • The company has a good cash flow management; CFO/PAT stands at 2.69178196134971.
  • The company has a high promoter holding of 50.55%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 5.04969449512799.

 Limitations

 Looks like the company does not have any serious limitations.

Quarterly Result (All Figures in Cr.)

PARTICULARS Sep 2023 Dec 2023 Mar 2024 Jun 2024 Sep 2024
Net Sales 2677.68 2563.7 2616.08 2492.36 2514.63
Total Expenditure 2288.3 2200.78 2283.22 2186.67 2261.45
Operating Profit 389.38 362.92 332.86 305.69 253.18
Other Income 5.83 10.51 12.93 14.41 18.64
Interest 57.37 56.38 58.82 60.96 66.32
Depreciation 62.32 63.09 65.25 64.65 66.58
Exceptional Items -0.62 -3.72 -17.37 -0.92 -3.06
Profit Before Tax 274.9 250.24 204.35 193.57 135.86
Tax 94.93 85.89 58.06 50.38 36.73
Profit After Tax 179.97 164.35 146.29 143.19 99.13
Adjusted EPS (Rs) 7.31 6.3 5.61 5.49 3.62

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Net Sales 6092.65 6134.52 8032.06 9617.92 10313.27
Total Expenditure 5442.6 5283.51 7331.56 8843.11 8952.27
Operating Profit 650.05 851.01 700.5 774.81 1361
Other Income 27.58 35.6 30.2 31.52 36.22
Interest 342.92 266.27 229.61 257.51 241.55
Depreciation 242.39 245.99 240.74 242.58 252.45
Exceptional Items -7.15 21.21 3.95 -36.17 -21.25
Profit Before Tax 85.17 395.56 264.3 270.07 881.97
Tax -143.49 139.11 81.26 86.3 291.21
Net Profit 228.66 256.45 183.04 183.77 590.76
Adjusted EPS (Rs.) 9.29 10.41 7.43 7.46 22.66

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Equity and Liabilities
Share Capital 49.25 49.25 49.25 49.25 52.14
Total Reserves 2113.25 2349.14 2476.85 2839.97 3843.89
Borrowings 1465 1188.48 972.06 849.03 834.83
Other N/C liabilities 776.7 908.76 939.08 1043.54 1291.07
Current liabilities 3084.29 2760.58 3707.58 3224.23 3530.69
Total Liabilities 7488.49 7256.21 8144.82 8006.02 9552.62
Assets
Net Block 3493.13 3331.67 3343.57 3369.12 3572.22
Capital WIP 60.88 64.12 73.33 100.44 316.92
Intangible WIP 0 4.65 5.67 4.36 1.17
Investments 723.8 733.1 791.11 786.67 783.22
Loans & Advances 57.82 45.47 56.74 85.15 69.69
Other N/C Assets 127.6 108.77 86.88 17.31 44.57
Current Assets 3025.26 2968.43 3787.52 3642.97 4764.83
Total Assets 7488.49 7256.21 8144.82 8006.02 9552.62
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2020 Mar 2021 Mar 2022 Mar 2023 Mar 2024
Profit from operations 85.17 395.56 264.3 270.07 881.97
Adjustment 573.33 452.62 443.57 502.34 475.57
Changes in Assets & Liabilities 143.29 471.15 -576.59 -48.89 -75.38
Tax Paid -19.14 -66.81 -57.96 -46.67 -184.12
Operating Cash Flow 782.65 1252.52 73.32 676.85 1098.04
Investing Cash Flow -250.62 -19.72 -202.7 -268.14 -1009.34
Financing Cash Flow -586.97 -1212.59 141.43 -411.64 -74.29
Net Cash Flow -54.94 20.21 12.05 -2.93 14.41

Corporate Actions

Investors Details

PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
promoters 56.26 53.13 53.13 53.13 50.55
anshuman singhania 0.10 0.09 0.09 0.09 0.09
anshuman singhania (karta... 0.61 0.58 0.58 0.58 0.55
bengal & assam company lt... 52.80 49.86 49.86 49.86 47.44
bharat hari singhania 0.44 0.42 0.42 0.42 0.40
hari shankar singhania ho... 0.02 0.02 0.02 0.02 0.02
harsh pati singhania 0.15 0.14 0.14 0.14 0.13
harsh pati singhania (kar... 0.13 0.12 0.12 0.12 0.11
raghupati singhania 0.67 0.63 0.63 0.63 0.60
raghupati singhania (kart... 0.11 0.11 0.11 0.11 0.10
sharda singhania 0.04 0.04 0.04 0.04 0.04
shrivats singhania 0.08 0.08 0.08 0.08 0.08
sunanda singhania 0.25 0.24 0.24 0.24 0.23
vikram pati singhania 0.15 0.14 0.14 0.14 0.13
vikram pati singhania (ka... 0.13 0.12 0.12 0.12 0.11
vinita singhania 0.57 0.54 0.54 0.54 0.51
sunanda singhania 0.25 0.24 0.24 0.24 0.23
PARTICULARS Sep 2023% Dec 2023% Mar 2024% Jun 2024% Sep 2024%
investors 43.74 46.87 46.87 46.87 49.45
cassini partners, l.p. ma... 1.17 1.11 1.10 1.10 1.09
deepak bhagnani 1.46 1.38 1.38 1.38 1.33
edgefield securities limi... 1.92 1.82 1.82 1.82 1.73
hdfcmutualfund-hybridef&t... - - - - 1.41
international finance cor... - - - - 4.85
kotak funds - india midca... - - 1.29 1.41 1.43
llp - - - - 2.33
sachin bansal 4.87 4.24 2.92 1.12 1.04
tasha investment advisors... 1.97 1.86 1.86 1.86 1.78
hdfc mutual fund - hdfc h... - 1.28 1.34 1.34 -
investor education and pr... 0.40 - - 0.40 -
investor education and pr... - 0.40 0.40 - -
the new india assurance c... 1.16 - - - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

JK Tyre gets nod to invest in TRUERE Galaxy21 Aug 2024, 4:09PM JK Tyre & Industries informs about statement of deviations or variations3 Aug 2024, 2:42PM JK Tyres & Inds. - Quaterly Results3 Aug 2024, 12:36PM JK Tyres & Inds. - Quaterly Results3 Aug 2024, 12:36PM JK Tyres & Inds. - Quaterly Results3 Aug 2024, 12:36PM Jk Tyre & Industries informs about credit rating13 Jun 2024, 1:42PM CARE upgrades rating for JK Tyre & Industries’ Long-term Bank facilities 13 Jun 2024, 11:59AM JK Tyre partners with EKA Mobility to provide comprehensive tyre management10 Jun 2024, 4:27PM JK Tyre & Industries informs about earnings call transcript28 May 2024, 3:51PM JK Tyre & Industries reports 54% rise in Q4 consolidated net profit22 May 2024, 12:28PM JK Tyres & Inds. - Quaterly Results21 May 2024, 5:13PM JK Tyres & Inds. - Quaterly Results21 May 2024, 5:13PM JK Tyres & Inds. - Quaterly Results21 May 2024, 5:13PM Jk Tyre & Industries informs about monitoring agency report13 May 2024, 3:26PM JK Tyre & Industries informs about disclosures 6 Apr 2024, 3:15PM JK Tyre & Industries informs about disclosure 6 Apr 2024, 2:41PM Jk Tyre & Industries informs about credit rating15 Mar 2024, 3:34PM JK Tyre & Industries reports over 3- fold jump in Q3 consolidated net profit7 Feb 2024, 2:58PM Jk Tyre & Industries submits unaudited financial results6 Feb 2024, 4:49PM JK Tyre & Industries to acquire additional stake in M/s Renew Wind Energy6 Feb 2024, 4:17PM JK Tyres & Inds. - Quaterly Results6 Feb 2024, 3:02PM JK Tyres & Inds. - Quaterly Results6 Feb 2024, 3:02PM JK Tyres & Inds. - Quaterly Results6 Feb 2024, 3:02PM Jk Tyre & Industries informs about trading window closure28 Dec 2023, 12:28PM JK Tyre & Industries informs about disclosure 28 Dec 2023, 10:26AM Jk Tyre & Industries informs about press release24 Nov 2023, 3:07PM JK Tyre & Industries submits intimation of extraordinary general meeting 23 Nov 2023, 4:32PM JK Tyre & Industries informs about earnings call transcript9 Nov 2023, 4:42PM JK Tyre & Industries reports over 5-fold jumps in Q2 consolidated net profit2 Nov 2023, 3:08PM JK Tyre & Industries’ board approves enhancement of tyre manufacturing capacity1 Nov 2023, 5:58PM JK Tyres & Inds. - Quaterly Results1 Nov 2023, 4:53PM JK Tyres & Inds. - Quaterly Results1 Nov 2023, 4:53PM JK Tyres & Inds. - Quaterly Results1 Nov 2023, 4:53PM JK Tyre & Industries informs about conference call 30 Oct 2023, 2:26PM JK Tyre secures ‘Best-in-Class’ ESG grading for second consecutive year14 Oct 2023, 3:21PM JK Tyre & Industries reports over 4-fold jump in Q1 consolidated net profit4 Aug 2023, 5:58PM JK Tyres & Inds. - Quaterly Results4 Aug 2023, 12:42PM JK Tyres & Inds. - Quaterly Results4 Aug 2023, 12:42PM JK Tyres & Inds. - Quaterly Results4 Aug 2023, 12:42PM Jk Tyre & Industries informs about compliance certificate11 Jul 2023, 4:46PM JK Tyre & Industries informs about annual report10 Jul 2023, 2:51PM JK Tyre completes first phase of capacity expansion at Madhya Pradesh facility30 Jun 2023, 10:09AM Ind-Ra upgrades JK Tyre's long-term issuer rating to low credit risk category22 Jun 2023, 11:40AM JK Tyre & Industries informs about earnings call transcript26 May 2023, 1:00PM JK Tyre & Industries reports over 2-fold jump in Q4 consolidated net profit 18 May 2023, 10:30AM JK Tyres & Inds. - Quaterly Results17 May 2023, 5:48PM JK Tyres & Inds. - Quaterly Results17 May 2023, 5:48PM JK Tyres & Inds. - Quaterly Results17 May 2023, 5:48PM JK Tyre develops passenger car radial tyre with 80% sustainable, recycled materials26 Apr 2023, 10:23AM JK Tyre & Industries informs about compliance certificate10 Apr 2023, 5:20PM

JK Tyres & Inds. Stock Price Analysis and Quick Research Report. Is JK Tyres & Inds. an attractive stock to invest in?

Stock investing requires careful analysis of financial data to determine a company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement, which can be time-consuming and cumbersome.

Examining a company's financial ratios is an easier way to determine its performance, which can help to make sense of the overwhelming amount of information in its financial statements. 

Here are a few indispensable ratios that should be a part of every investor’s research process, or, in simpler words, how to analyse JK Tyres & Inds. . 

  • PE ratio: Price to Earnings ratio, which indicates how much an investor is willing to pay for a share for every rupee of earnings. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). JK Tyres & Inds. has a PE ratio of 16.8246886038297 which is high and comparatively overvalued .

  • Share Price: - The current share price of JK Tyres & Inds. is Rs 389.15. One can use valuation calculators of ticker to know if JK Tyres & Inds. share price is undervalued or overvalued.

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. JK Tyres & Inds. has ROA of 6.729 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. JK Tyres & Inds. has a Current ratio of 1.3495 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders' investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. JK Tyres & Inds. has a ROE of 17.4382 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. JK Tyres & Inds. has a Debt to Equity ratio of 0.6054 which means that the company has low proportion of debt in its capital.

  • Sales growth: - JK Tyres & Inds. has reported revenue growth of 7.2297 % which is poor in relation to its growth and performance. 

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of JK Tyres & Inds. for the current financial year is 13.1965904121583 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for JK Tyres & Inds. is Rs 4.5 and the yield is 1.1598 %.

  • Earnings Per Share: - It tells us how much profit is allocated to to each outstanding share of a common stock. The latest EPS of JK Tyres & Inds. is Rs 23.1297 . The higher the EPS, the better it is for investors. 

One can find all the Financial Ratios of JK Tyres & Inds. in Ticker for free. Also, one can get the intrinsic value of JK Tyres & Inds. by using Valuation Calculators, which are available with a Finology ONE subscription. 

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Brief about JK Tyres & Inds.

JK Tyre & Industries Ltd. Financials: Check Share Price, Balance Sheet, Annual Report, Quarterly Results, Shareholding, Company Profile and News for Company Analysis

JK Tyre & Industries Ltd. is a leading tires and rubber company based in India. The company has a rich history and is known for its high-quality products and innovative technology. With a strong presence in both the domestic and international markets, JK Tyre has established itself as a trusted brand in the tire industry.

JK Tyre & Industries Ltd. - Share Price

The share price of JK Tyre & Industries Ltd. reflects the market value of the company's stock. Investors keen on analyzing the stock performance can find the latest share price on our website. By tracking the share price over a period of time, investors can gain insights into the company's growth and market sentiment.

JK Tyre & Industries Ltd. - Balance Sheet

The balance sheet of JK Tyre & Industries Ltd. provides a snapshot of the company's financial position. It outlines the company's assets, liabilities, and shareholders' equity at a specific point in time. Our pre-built screening tools enable investors to analyze the balance sheet and make informed investment decisions. Additionally, our premium features offer fair value calculations using tools such as the DuPont analysis and BVPS analysis.

JK Tyre & Industries Ltd. - Annual Report

The annual report of JK Tyre & Industries Ltd. is a comprehensive document that provides detailed information about the company's performance, strategy, and financials over the past year. Investors can access and download the annual reports from our website. Analyzing the annual report is vital for understanding the company's management, operations, and future prospects.

JK Tyre & Industries Ltd. - Dividend

JK Tyre & Industries Ltd. provides a dividend to its shareholders as a portion of its profits. Investors interested in dividend income can track the dividend announcements on our website. Dividends are an important aspect for long-term investors looking for a steady income stream.

JK Tyre & Industries Ltd. - Quarterly Results

JK Tyre & Industries Ltd. releases quarterly results that highlight the company's financial performance over a three-month period. Investors can access the quarterly results on our website and use our premium features to perform in-depth analysis using various approaches, such as the earnings multiple approach. This helps investors gain insights into the company's revenue, expenses, and profitability.

JK Tyre & Industries Ltd. - Stock Price

The stock price of JK Tyre & Industries Ltd. represents the current market value per share. Tracking the stock price enables investors to monitor the value of their investment. Our website provides a price chart that displays the historical stock price movement, allowing investors to identify trends and patterns.

JK Tyre & Industries Ltd. - News

Stay updated with the latest news about JK Tyre & Industries Ltd. on our website. Access news articles and press releases that provide insights into important developments, industry trends, and the company's future plans. Investors can stay informed and make well-informed investment decisions based on the news.

JK Tyre & Industries Ltd. - Concall Transcripts

Concall transcripts provide an opportunity to delve into the discussions held during the company's conference calls with analysts and investors. These transcripts can be valuable for understanding the company's strategies, operational updates, and future plans. Investors can access and download the concall transcripts from our website.

JK Tyre & Industries Ltd. - Investor Presentations

Investor presentations offer a detailed overview of JK Tyre & Industries Ltd.'s business, financial performance, and future prospects. These presentations are often used by the company to communicate with shareholders, analysts, and potential investors. Our website provides access to these investor presentations for investors to gain a comprehensive understanding of the company's operations and growth strategy.

JK Tyre & Industries Ltd. - Promoters

Promoters play a significant role in the management and growth of JK Tyre & Industries Ltd. They are individuals or entities who have promoted the company and hold a substantial stake. Understanding the promoters and their contributions can provide valuable insights for investors. Our platform provides information about the company's promoters to aid investors in their analysis.

JK Tyre & Industries Ltd. - Shareholders

Shareholders are individuals or entities who hold shares in JK Tyre & Industries Ltd. Identifying and analyzing the company's shareholders can provide an understanding of the investor base and their confidence in the company. Our website provides data on the major shareholders, helping investors gauge market sentiment and make informed investment decisions.

Overall, our website offers a comprehensive stock analysis platform for long-term investors interested in JK Tyre & Industries Ltd. By providing access to company information, financials, news, and analysis tools, we aim to empower investors to make well-informed investment decisions.

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