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JK Tyres & Inds. share price

JK Tyre & Industries Ltd.

NSE: JKTYRE BSE: 530007 SECTOR: Tyres & Allied  157k   737   122

512.00
+0.75 (0.15%)
BSE: 23 Feb 04:01 PM

Price Summary

Today's High

₹ 515.95

Today's Low

₹ 503.55

52 Week High

₹ 554.35

52 Week Low

₹ 141.65

FinStar

Ownership Stable
Ownership strength is slightly missing the benchmark.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

13349.05 Cr.

Enterprise Value

15817.59 Cr.

No. of Shares

26.07 Cr.

P/E

26.08

P/B

3.54

Face Value

₹ 2

Div. Yield

0.39 %

Book Value (TTM)

₹  144.72

CASH

78.77 Cr.

DEBT

2547.31 Cr.

Promoter Holding

53.13 %

EPS (TTM)

₹  19.63

Sales Growth

19.74%

ROE

6.8 %

ROCE

9.8%

Profit Growth

0.4 %

* 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.
* 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 Year19.74%
3 Year16.44%
5 Year8.31%

Profit Growth

1 Year0.4%
3 Year-7.03%
5 Year33.65%

ROE%

1 Year6.8%
3 Year8.53%
5 Year9.57%

ROCE %

1 Year9.8%
3 Year10.92%
5 Year10.53%

Debt/Equity

0.8835

Price to Cash Flow

19.72

Interest Cover Ratio

2.04877480486195

CFO/PAT (5 Yr. Avg.)

2.88457096334444

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Dec 2023 53.13 0
Sep 2023 56.26 0
Jun 2023 56.26 0
Mar 2023 56.26 0
Dec 2022 56.26 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has shown a good revenue growth of 16.4369933374513% for the Past 3 years.
  • The company has an efficient Cash Conversion Cycle of 53.6538193177444 days.
  • The company has a good cash flow management; CFO/PAT stands at 2.88457096334444.
  • The company has a high promoter holding of 53.13%.
  • The company has a strong degree of Operating leverage, Average Operating leverage stands at 26.3254533227738.

 Limitations

  • The company has shown a poor profit growth of -7.02600938924923% for the Past 3 years.

Quarterly Result (All Figures in Cr.)

PARTICULARS Dec 2022 Mar 2023 Jun 2023 Sep 2023 Dec 2023
Net Sales 2480.24 2392.82 2455.81 2677.68 2563.7
Total Expenditure 2270.58 2172.7 2179.97 2288.3 2200.78
Operating Profit 209.66 220.12 275.84 389.38 362.92
Other Income 8.04 11.08 6.95 5.83 10.51
Interest 71.17 72.92 68.98 57.37 56.38
Depreciation 60.11 62.71 61.79 62.32 63.09
Exceptional Items -1.96 2.63 0.46 -0.62 -3.72
Profit Before Tax 84.46 98.2 152.48 274.9 250.24
Tax 30.75 30.88 52.33 94.93 85.89
Profit After Tax 53.71 67.32 100.15 179.97 164.35
Adjusted EPS (Rs) 2.18 2.73 4.07 7.31 6.3

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

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Net Sales 7610.4 6092.65 6134.52 8032.06 9617.92
Total Expenditure 6882.15 5442.6 5283.51 7331.56 8843.11
Operating Profit 728.25 650.05 851.01 700.5 774.81
Other Income 79.27 27.58 35.6 30.2 31.52
Interest 316.28 342.92 266.27 229.61 257.51
Depreciation 188.36 242.39 245.99 240.74 242.58
Exceptional Items 1.8 -7.15 21.21 3.95 -36.17
Profit Before Tax 304.68 85.17 395.56 264.3 270.07
Tax 100.28 -143.49 139.11 81.26 86.3
Net Profit 204.4 228.66 256.45 183.04 183.77
Adjusted EPS (Rs.) 8.3 9.29 10.41 7.43 7.46

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Equity and Liabilities
Share Capital 49.25 49.25 49.25 49.25 49.25
Total Reserves 1945.87 2113.25 2349.14 2476.85 2839.97
Borrowings 1558.22 1465 1188.48 972.06 849.03
Other N/C liabilities 745.93 776.7 908.76 939.08 1043.54
Current liabilities 3106.11 3084.29 2760.58 3707.58 3224.23
Total Liabilities 7405.38 7488.49 7256.21 8144.82 8006.02
Assets
Net Block 3324.39 3493.13 3331.67 3343.57 3369.12
Capital WIP 73.8 60.88 64.12 73.33 100.44
Intangible WIP 0 0 4.65 5.67 4.36
Investments 596.61 723.8 733.1 791.11 786.67
Loans & Advances 62.93 57.82 45.47 56.74 85.15
Other N/C Assets 107.02 127.6 108.77 86.88 17.31
Current Assets 3240.63 3025.26 2968.43 3787.52 3642.97
Total Assets 7405.38 7488.49 7256.21 8144.82 8006.02
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2019 Mar 2020 Mar 2021 Mar 2022 Mar 2023
Profit from operations 304.68 85.17 395.56 264.3 270.07
Adjustment 442.36 573.33 452.62 443.57 502.34
Changes in Assets & Liabilities -420.99 143.29 471.15 -576.59 -48.89
Tax Paid -64.36 -19.14 -66.81 -57.96 -46.67
Operating Cash Flow 261.69 782.65 1252.52 73.32 676.85
Investing Cash Flow 130.49 -250.62 -19.72 -202.7 -268.14
Financing Cash Flow -376.14 -586.97 -1212.59 141.43 -411.64
Net Cash Flow 16.04 -54.94 20.21 12.05 -2.93

Corporate Actions

Investors Details

PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
promoters 56.26 56.26 56.26 56.26 53.13
anshuman singhania 0.10 0.10 0.10 0.10 0.09
anshuman singhania (karta... 0.61 0.61 0.61 0.61 0.58
bengal & assam company lt... 52.80 52.80 52.80 52.80 49.86
bharat hari singhania 0.44 0.44 0.44 0.44 0.42
hari shankar singhania ho... 0.02 0.02 0.02 0.02 0.02
harsh pati singhania 0.15 0.15 0.15 0.15 0.14
harsh pati singhania (kar... 0.13 0.13 0.13 0.13 0.12
raghupati singhania 0.67 0.67 0.67 0.67 0.63
raghupati singhania (kart... 0.11 0.11 0.11 0.11 0.11
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 0.25 0.25 0.25 0.24
vikram pati singhania 0.15 0.15 0.15 0.15 0.14
vikram pati singhania (ka... 0.13 0.13 0.13 0.13 0.12
vinita singhania 0.57 0.57 0.57 0.57 0.54
sunanda singhania 0.25 0.25 0.25 0.25 0.24
PARTICULARS Dec 2022% Mar 2023% Jun 2023% Sep 2023% Dec 2023%
investors 43.74 43.74 43.74 43.74 46.87
cassini partners, l.p. ma... - 1.02 1.17 1.17 1.11
deepak bhagnani 1.23 1.23 1.23 1.46 1.38
edgefield securities limi... 1.92 1.92 1.92 1.92 1.82
hdfc mutual fund - hdfc h... - - - - 1.28
investor education and pr... 0.40 - - 0.40 0.40
sachin bansal 5.32 5.05 4.15 4.87 4.24
tasha investment advisors... 1.98 1.98 1.98 1.97 1.86
the new india assurance c... 1.22 1.21 1.21 1.16 -
investor education and pr... - - 0.40 - -

Annual Reports

Ratings & Research Reports

Company Presentations

Company News

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 IFC to acquire 5.6% stake in JK Tyre & Industries22 Mar 2023, 5:25PM JK Tyre to raise Rs 240 crore from International Finance Corporation21 Feb 2023, 12:37PM JK Tyre & Industries looking to expand retail network across country 21 Feb 2023, 10:46AM JK Tyre & lndustries informs about newspaper publiction9 Feb 2023, 3:28PM JK Tyre launches ‘Xtra-Fuel Efficient’ Tyres6 Feb 2023, 4:44PM JK Tyres & Inds. - Quaterly Results3 Feb 2023, 5:17PM JK Tyres & Inds. - Quaterly Results3 Feb 2023, 5:17PM JK Tyres & Inds. - Quaterly Results3 Feb 2023, 5:17PM JK Tyre & Industries aims to become carbon net zero company by 2050: Report30 Dec 2022, 2:11PM JK Tyre & Industries reports 24% fall in Q2 consolidated net profit2 Nov 2022, 10:47AM JK Tyres & Inds. - Quaterly Results1 Nov 2022, 6:31PM JK Tyres & Inds. - Quaterly Results1 Nov 2022, 6:31PM JK Tyres & Inds. - Quaterly Results1 Nov 2022, 6:31PM Jk Tyre & Industries informs about disclosure 16 Sep 2022, 4:35PM JK Tyre gets best in class rating in ESG Performance2 Sep 2022, 4:44PM JK Tyre rolls out two new products in radial tyre segment19 Aug 2022, 12:33PM JK Tyre & Industries increases price by 6-7% to offset higher input costs19 Aug 2022, 11:59AM

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 find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. 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 26.0448506337368 which is high and comparatively overvalued .

  • Share Price: - The current share price of JK Tyres & Inds. is Rs 511.25. 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 2.27567111060477 % 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 1.12987286887102 .

  • 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 6.80332299217379 % .(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 D/E ratio of 0.8835 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. JK Tyres & Inds. has an Inventory turnover ratio of 6.81032816311502 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - JK Tyres & Inds. has reported revenue growth of 19.7441254173898 % which is fair 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 8.05589982033537 %.

  • 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 2 and the yield is 0.3912 %.

Last Updated on:
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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