JK Tyre & Industries Ltd Analyst Rating
based on 6 analysts
66.67%
Buy
33.33%
Hold
0.00%
Sell
Based on 6 analysts offering long term price targets for JK Tyre & Industries Ltd. An average target of ₹505.17
Source: S&P Global Market Intelligence
JK Tyre & Industries Ltd Share analysis
JK Tyre & Industries Ltd price forecast by 6 analysts
Upside of32.96%
High
₹650
Target
₹505.17
Low
₹415
JK Tyre & Industries Ltd target price ₹505.17, a slight upside of 32.96% compared to current price of ₹361.55. According to 6 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
JK Tyre & Industries Ltd revenue growth forecast
Expected growth rate Q1, FY2026:13.07%
Forecast
Actual
Including amortisation and stock based compensations
JK Tyre & Industries Ltd EPS growth forecast
EPS estimate Q1, FY2026:30.07%
Forecast
Actual
Source: S&P Global Market Intelligence
JK Tyre & Industries Ltd Performance
Day's Low
Day's High
₹359.1₹381.252 Week's Low
52 Week's High
₹332₹553.95
| Returns % | |
| 1 Month Return | -4.73 % |
| 3 Month Return | -9.02 % |
| 1 Year Return | + 10.5 % |
| Market Stats | |
| Previous Close | ₹379.95 |
| Open | ₹379.50 |
| Volume | 10.55L |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹10,411.39Cr |
JK Tyre & Industries Ltd Key Statistics
| P/E Ratio | 13.92 |
| PEG Ratio | 2.78 |
| Market Cap | ₹10,411.39 Cr |
| P/B Ratio | 3.07 |
| EPS | 31.13 |
| Dividend Yield | 1.04 |
| Sector | Tyres |
| ROE | 17.41 |
JK Tyre & Industries Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| BUY | ₹10,411.39 Cr | 92.16% | 0.72 | ₹811 Cr | ₹15,001 Cr | |
| BUY | ₹30,881.78 Cr | 38.78% | 0.64 | ₹1,721 Cr | ₹25,377 Cr | |
| BUY | ₹11,451.42 Cr | 39.69% | 0.66 | ₹635 Cr | ₹11,943 Cr | |
| NA | ₹196.69 Cr | 55.08% | 0.73 | NA | NA | |
| NA | ₹728.27 Cr | -4.6% | 0.00 | ₹26 Cr | ₹227 Cr |
JK Tyre & Industries Ltd Mutual Fund Holdings
About JK Tyre & Industries Ltd
The company has operations in various lines of business including tyre manufacturing, retreading, rubber chemicals, and allied products. JK Tyre offers a wide range of tyre products for passenger cars, light trucks, and heavy-duty trucks, agricultural and off-road vehicles.
The company's popular brands include JK Tyre, JK Tornel, JK Elanzo, JK Super Grip, and JK Super Trac. Some of JK Tyre's top products include JK Supermaxx, JK Supermaxx ST, JK Supermaxx HT, JK Supermaxx LT, JK Supermaxx SUV, and JK Supermaxx AT.
Share Price: ₹361.55 per share as on 21 Nov, 2024 04:01 PM
Market Capitalisation: ₹10,411.39Cr as of today
Revenue: ₹3,621.56Cr as on September 2024 (Q3 24)
Net Profit: ₹144.25Cr as on September 2024 (Q3 24)
Listing date: 03 Nov, 1994
Chairperson Name: Raghupati Singhania
| Organisation | JK Tyre & Industries Ltd |
| Headquarters | |
| Industry | Tyres |
| E-voting on shares | Click here to vote |
Key events for JK Tyre & Industries Ltd
JK Tyre Joins RE100, Commits to Sustainability - 13 Nov, 2024
JK Tyre & Industries has joined RE100, pledging to achieve carbon neutrality by 2050 and utilize 100% renewable electricity. The company aims to reduce greenhouse gas emissions by 50% by FY30 and has already decreased emissions intensity by 64% since FY14. Currently, 40% of its energy consumption is from renewable sources.
JK Tyre Faces Cost Pressures Amid Price Adjustments - 10 Nov, 2024
JK Tyre is experiencing cost pressures with a 3-4% under-recovery over two quarters. The company has implemented selective price increases and is considering further adjustments. Operating margins have declined from 12.81% in FY25 Q1 to 10.69% in FY25 Q2, though there is cautious optimism regarding recent rubber price corrections.
JK Tyre Faces Challenges but Target Price Set at Rs 650 - 07 Nov, 2024
JK Tyre reported a 6.09% decline in net sales and a 44.92% drop in net profit for September 2024. Despite these challenges, Emkay Global maintains a BUY recommendation, projecting a target price of Rs 650, citing potential recovery in demand and pricing strategies.
JK Tyre Faces Profit Decline Amid Rising Costs - 06 Nov, 2024
JK Tyre & Industries reported a 44% decline in Q2 earnings due to weak demand and rising costs. The company plans price hikes to recover margins, but shares fell nearly 3% following the profit announcement.
JK Tyre Reports Significant Profit Decline in Q2 - 05 Nov, 2024
JK Tyre & Industries announced a 44.2% year-on-year decline in net profit to ₹135 crore for Q2 FY25, attributed to rising rubber prices and weak sales. Revenue also fell by 7.1% to ₹3,621.6 crore. Despite challenges, the company maintains strong market share in the electric vehicle bus sector and anticipates improved demand in the second half of the year.
JK Tyre Launches Premium Levitas Ultra Tyres - 01 Nov, 2024
JK Tyre has introduced its new Levitas Ultra range of tyres designed for luxury vehicles, emphasizing high performance and fuel efficiency. The tyres received a 5-star rating in the BEE program for rolling resistance, showcasing their competitive edge against European brands.
Insights on JK Tyre & Industries Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTBest in 3 Years
In the last 3 years, JKTYRE has outperformed top 5 stocks with highest market-cap in Tires & Rubber Products
- POSITIVE IMPACT
Price Rise
In the last 7 days, JKTYRE stock has moved up by 4.0%
- POSITIVE IMPACT
MF Holding Up
Mutual Funds have increased holdings from 3.70% to 4.34% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 1 year, CEAT Ltd has given 33.6% return, outperforming this stock by 23.1%
NEGATIVE IMPACTRevenue Fall
Revenue is down for the last 3 quarters, 3.71K Cr → 3.64K Cr (in ₹), with an average decrease of 1.0% per quarter
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 27.66% to 27.15% in Sep 2024 quarter
- NEGATIVE IMPACT
FII Holding Down
Foreign Institutions have decreased holdings from 14.15% to 11.59% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 211.44 Cr → 135.04 Cr (in ₹), with an average decrease of 36.1% per quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 53.13% to 50.55% in Sep 2024 quarter
JK Tyre & Industries Ltd Financials
Index Inclusions
JK Tyre & Industries Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 50.55% | ||
| Foreign Institutions | 11.59% | ||
| Mutual Funds | 4.34% | 17.25 | |
| Retail Investors | 27.15% | ||
| Others | 6.36% | 369.73 |
JK Tyre & Industries Ltd Key Indicators
JK Tyre & Industries Ltd Valuation
JK Tyre & Industries Ltd in the last 5 years
Lowest (-26.23x)
July 7, 2020
Today (13.92x)
November 19, 2024
Industry (27.46x)
November 19, 2024
Highest (464.15x)
February 12, 2018
JK Tyre & Industries Ltd Earnings and Dividends
JK Tyre & Industries Ltd Earnings Results
JK Tyre & Industries Ltd’s net profit fell -44.22% since last year same period to ₹135.04Cr in the Q2 2024-2025. On a quarterly growth basis, JK Tyre & Industries Ltd has generated -36.13% fall in its net profits since last 3-months.
Read More about Earnings ResultsJK Tyre & Industries Ltd Dividends May,2024
In the quarter ending March 2024, JK Tyre & Industries Ltd has declared dividend of ₹3.50 - translating a dividend yield of 1.18%.
Read More about Dividends
JK Tyre & Industries Ltd Technicals Summary
Bearish
Neutral
Bullish
JK Tyre & Industries Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on JK Tyre & Industries Ltd
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JK Tyre & Industries Ltd (JKTYRE) share price today is ₹361.55
JK Tyre & Industries Ltd is listed on NSE
JK Tyre & Industries Ltd is listed on BSE
- Today’s highest price of JK Tyre & Industries Ltd is ₹381.2.
- Today’s lowest price of JK Tyre & Industries Ltd is ₹359.1.
PE Ratio of JK Tyre & Industries Ltd is 13.92
PE ratio = JK Tyre & Industries Ltd Market price per share / JK Tyre & Industries Ltd Earnings per share
Today’s traded volume of JK Tyre & Industries Ltd(JKTYRE) is 10.55L.
Today’s market capitalisation of JK Tyre & Industries Ltd(JKTYRE) is ₹10411.39Cr.
| JK Tyre & Industries Ltd(JKTYRE | Price |
|---|---|
52 Week High | ₹553.95 |
52 Week Low | ₹332 |
JK Tyre & Industries Ltd(JKTYRE) share price is ₹361.55. It is down -34.73% from its 52 Week High price of ₹553.95
JK Tyre & Industries Ltd(JKTYRE) share price is ₹361.55. It is up 8.90% from its 52 Week Low price of ₹332
| JK Tyre & Industries Ltd(JKTYRE | Returns |
|---|---|
1 Day Returns | -18.4% |
1 Month Returns | -4.73% |
3 Month Returns | -9.02% |
1 Year Returns | 10.5% |