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JK Tyre & Industries Ltd share price logo

JK Tyre & Industries Ltd

(JKTYRE)

₹380.753.68%

as on 04:01PM, 20 Dec 2024

Overview
News
Financials
Q2 2024 Results
Technicals

JK Tyre & Industries Ltd Analyst Rating

based on 6 analysts

BUY

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 of27.79%

High

₹650

Target

₹505.17

Low

₹415

JK Tyre & Industries Ltd target price ₹505.17, a slight upside of 27.79% compared to current price of ₹380.75. According to 6 analysts rating.

Source: S&P Global Market Intelligence

JK Tyre & Industries Ltd Performance

  • Day's Low

    Day's High

    ₹379.05
    Day's Price Range
    ₹398.45
  • 52 Week's Low

    52 Week's High

    ₹355.15
    52-Week Price Range
    ₹553.95
1 Month Return+ 9.33 %
3 Month Return-6.34 %
1 Year Return+ 3.4 %
Previous Close₹395.30
Open₹396.70
Volume5.00L
Upper Circuit-
Lower Circuit-
Market Cap₹10,940.25Cr

JK Tyre & Industries Ltd Key Statistics

P/E Ratio14.48
PEG Ratio2.89
Market Cap₹10,940.25 Cr
P/B Ratio3.07
EPS31.13
Dividend Yield1.04
SectorTyres
ROE17.41

JK Tyre & Industries Ltd Peer Comparison

Company
Analyst ViewMarket Cap5 Year CAGRDebt to Asset RatioNet ProfitYearly Revenue
BUY₹10,940.25 Cr89.27%0.72₹811 Cr₹15,001 Cr
NA₹852.17 Cr-2.29%0.00₹26 Cr₹227 Cr
NA₹210.18 Cr111.38%0.73NANA
BUY₹12,503.93 Cr42.63%0.66₹635 Cr₹11,943 Cr
SELL₹2,770.55 Cr25.26%0.72₹107 Cr₹3,173 Cr

About JK Tyre & Industries Ltd

JK Tyre & Industries Ltd is a leading tyre and rubber manufacturing company in India. Established in 1976, the company has grown to become one of the largest tyre manufacturers in the country.

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: ₹380.75 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹10,940.25Cr 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
OrganisationJK Tyre & Industries Ltd
Headquarters
IndustryTyres
E-voting on sharesClick here to vote

Key events for JK Tyre & Industries Ltd

  • JK Tyre Novice Cup Final Showdown Approaches - 19 Dec, 2024

    The JK Tyre Novice Cup, a key feeder series in the National Racing Championship, features 22 participants from seven teams competing for top honors. The event highlights JK Tyre's commitment to motorsport development.
  • JK Tyres Faces ₹ 7.2 Crore GST Penalty - 16 Dec, 2024

    JK Tyres has been imposed a ₹ 7.2 crore penalty by the GST Authority for not reversing Input Tax Credit on compensation cess. The company plans to appeal the decision, asserting that the penalty is contestable and does not significantly impact its financials.
  • JK Tyre Secures €30 Million Loan for Expansion - 12 Dec, 2024

    JK Tyre & Industries Ltd has secured a €30 million long-term loan from DEG to expand production capacities in Madhya Pradesh. The funding will support sustainable practices, including the use of biomass for energy and the development of tyres made from recycled materials, enhancing the company's market presence in the Passenger Car Radial segment.
  • JK Tyre Launches Advanced OTR Tyres at Bauma Conexpo 2024 - 11 Dec, 2024

    JK Tyre & Industries unveiled a new range of advanced OTR tyres for the mining industry at Bauma Conexpo 2024, enhancing durability and performance. The launch emphasizes JK Tyre's commitment to innovation and smart mobility solutions.
  • India's Rubber Industry Growth Forecast Positive - 05 Dec, 2024

    India is on track to become a global leader in rubber products by 2030, with the market expected to reach $504 billion by 2027. The Indian rubber industry currently holds a 6% share of the global market, reflecting strong growth potential.

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.

  • imgPOSITIVE IMPACT

    MF Holding Up

    img

    Mutual Funds have increased holdings from 3.70% to 4.34% in Sep 2024 quarter

  • imgPOSITIVE IMPACT

    Price Rise

    img

    In the last 3 years, JKTYRE stock has moved up by 201.9%

  • imgPOSITIVE IMPACT

    Best in 3 Years

    img

    In the last 3 years, JKTYRE has outperformed top 5 stocks with highest market-cap in Tires & Rubber Products

  • imgNO EFFECT

    Against Peers

    img

    In the last 1 year, CEAT Ltd has given 26.7% return, outperforming this stock by 21.3%

  • imgNEGATIVE IMPACT

    Revenue Fall

    img

    Revenue is down for the last 3 quarters, 3.71K Cr → 3.64K Cr (in ₹), with an average decrease of 1.0% per quarter

  • imgNEGATIVE IMPACT

    Promoter Holding Down

    img

    Promoters have decreased holdings from 53.13% to 50.55% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Retail Holding Down

    img

    Retail Investor have decreased holdings from 27.66% to 27.15% in Sep 2024 quarter

  • imgNEGATIVE IMPACT

    Profit Down

    img

    Netprofit is down for the last 2 quarters, 211.44 Cr → 135.04 Cr (in ₹), with an average decrease of 36.1% per quarter

  • imgNEGATIVE IMPACT

    FII Holding Down

    img

    Foreign Institutions have decreased holdings from 14.15% to 11.59% in Sep 2024 quarter

JK Tyre & Industries Ltd Financials

Value in ₹ crore
DetailsQ'3 23Q'4 23Q'1 24Q'2 24Q'3 24
Revenue₹3,897.53Cr (-)₹3,687.72Cr (↓5.38%)₹3,698.45Cr (↑0.29%)₹3,639.08Cr (↓1.61%)₹3,621.56Cr (↓0.48%)
Net Income₹250.25Cr (-)₹226.99Cr (↓9.29%)₹174.90Cr (↓22.95%)₹211.74Cr (↑21.06%)₹144.25Cr (↓31.87%)
Net Profit Margin6.42% (-)6.16% (↓4.05%)4.73% (↓23.21%)5.82% (↑23.04%)3.98% (↓31.62%)
Value in ₹ crore
Details2021202220232024
Total Assets₹7,558.62Cr (-)₹8,381.70Cr (↑10.89%)₹8,206.99Cr (↓2.08%)₹9,614.00Cr (↑17.14%)
Total Liabilities₹5,160.23Cr (-)₹5,855.60Cr (↑13.48%)₹5,317.77Cr (↓9.18%)₹5,717.97Cr (↑7.53%)
Value in ₹ crore
Details20202021202220232024
Operating Cash Flow₹782.65Cr (-)₹1,252.52Cr (↑60.04%)₹73.32Cr (↓94.15%)₹676.85Cr (↑823.15%)₹1,098.04Cr (↑62.23%)

Index Inclusions

Nifty 500

₹22,319.40

-1.9 (-432.75%)

Nifty Smallcap 250

₹17,693.65

-2.01 (-363.55%)

S&P BSE AllCap

₹10,471.31

0.68 (71.07%)

BSE Small-Cap

₹55,149.22

-2.11 (-1188.47%)

Nifty MidSmallcap 400

₹19,899.40

-2.27 (-461.95%)

JK Tyre & Industries Ltd Shareholding Pattern

InvestorsHoldings %FY Quarter3M change
Promoter Holdings
50.55%
-4.85
Foreign Institutions
11.59%
-18.07
Mutual Funds
4.34%
17.25
Retail Investors
27.15%
-1.85
Others
6.36%
369.73

JK Tyre & Industries Ltd Key Indicators

Details20202021202220232024
Earning Per Share (₹)6.0513.548.1310.7531.13
Details20202021202220232024
Return On Equity %1111.257.437.5517.41
Details20202021202220232024
Return On Assets %1.914.222.513.28.18
Details20202021202220232024
Book Value Per Share (₹)94.67108.54115.67128.72163.41

JK Tyre & Industries Ltd Valuation

JK Tyre & Industries Ltd in the last 5 years

  • Overview

  • Trends

Lowest (-26.23x)

July 7, 2020

Today (14.48x)

December 19, 2024

Industry (29.39x)

December 19, 2024

Highest (464.15x)

February 12, 2018

LowHigh

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 Results
  • JK 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

Bearish

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 ₹380.75

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 ₹398.45.
  • Today’s lowest price of JK Tyre & Industries Ltd is ₹379.05.

PE Ratio of JK Tyre & Industries Ltd is 14.48

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 5.00L.

Today’s market capitalisation of JK Tyre & Industries Ltd(JKTYRE) is ₹10940.25Cr.

JK Tyre & Industries Ltd(JKTYREPrice
52 Week High
₹553.95
52 Week Low
₹355.15

JK Tyre & Industries Ltd(JKTYRE) share price is ₹380.75. It is down -31.27% from its 52 Week High price of ₹553.95

JK Tyre & Industries Ltd(JKTYRE) share price is ₹380.75. It is up 7.21% from its 52 Week Low price of ₹355.15

JK Tyre & Industries Ltd(JKTYREReturns
1 Day Returns
-14.55%
1 Month Returns
9.33%
3 Month Returns
-6.34%
1 Year Returns
3.4%