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JK Tyre & Indust

  • Market Cap: Mid Cap
  • Industry: Tyres & Allied
  • ISIN: INE573A01042
  • NSEID: JKTYRE
  • BSEID: 530007
INR
280.30
7.85 (2.88%)
BSENSE

Apr 11, 12:53 PM

BSE+NSE Vol: 2.23 lacs

Click here to access the older version
  • Price Points
  • Score
  • Mojo Parameters
  • Total Return
  • News and Corporate Actions
  • Key factors
  • Shareholding
  • Financials
  • CompanyCV
stock-summaryPrice Point
High/Low

1Day

274.55289.85

52 Week

231.65510.90
Valuation
Technical
Day's Volume

CASH

2.23 lacs (-24.74%) Volume

Shareholding (Dec 2024)

FII

16.03%

Held by 133 FIIs

DII

6.34%

Held by 16 DIIs

Promoter

50.55%

iScoreScore
Click here to find our call on this stock
Strong Sell
Sell
Hold
Buy
Strong Buy
Dashboard
1

Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.56 times

  • Low ability to service debt as the company has a high Debt to EBITDA ratio of 3.56 times
2

Poor long term growth as Net Sales has grown by an annual rate of 8.72% over the last 5 years

 
3

Negative results in Dec 24

4

Stock is technically in a Bearish range

5

Underperformed the market in the last 1 year

stock-summaryMojo Parameters
Mojo Parameters
Loading Valuation Snapshot...
Stock DNA
stock-summary
Industry

Tyres & Allied

stock-summary
Market cap

INR 7,681 Cr (Mid Cap)

stock-summary
P/E

12.00

stock-summary
Industry P/E

23

stock-summary
Dividend Yield

1.22%

stock-summary
Debt Equity

0.95

stock-summary
Return on Equity

16.26%

stock-summary
Price to Book

1.59

Revenue and Profits (1 Year):
Net Sales:
3,674 Cr
(Quarterly Results - Dec 2024)
Net Profit:
52 Cr
stock-summaryTotal Returns
Total Returns (Price + Dividend) stock-summary
Dividend Yield (1.22%)
TimePeriod
Price Return
Dividend Return
Total Return
6 Months
-30.46%
0%
-30.46%
1 Year
-33.95%
0.82%
-33.13%
2 Years
70.14%
3.23%
73.37%
3 Years
105.88%
7.13%
113.01%
4 Years
135.15%
8.43%
143.58%
5 Years
516.72%
21.13%
537.85%

Latest dividend: 3.5 per share ex-dividend date: Jul-26-2024

Risk Adjusted Returns v/s Sensex stock-summary
Returns Beta
Icon
Beta has not been calculated since enough price history is not available
stock-summaryKey Factors
Quality key factors stock-summary
Factor
Value
Sales Growth (5y)
8.72%
EBIT Growth (5y)
13.09%
EBIT to Interest (avg)
2.26
Debt to EBITDA (avg)
3.87
Net Debt to Equity (avg)
0
Sales to Capital Employed (avg)
1.48
Tax Ratio
28.37%
Dividend Payout Ratio
14.92%
Pledged Shares
0
Institutional Holding
22.37%
ROCE (avg)
12.38%
ROE (avg)
11.44%
Valuation key factors
Factor
Value
P/E Ratio
12
Industry P/E
23
Price to Book Value
1.59
EV to EBIT
9.43
EV to EBITDA
6.95
EV to Capital Employed
1.30
EV to Sales
0.81
PEG Ratio
NA
Dividend Yield
1.22%
ROCE (Latest)
16.42%
ROE (Latest)
16.26%
Tecnicals key factors
Indicator
Weekly
Monthly
MACD
Bearish
Mildly Bearish
RSI
No Signal
No Signal
Bollinger Bands
Bearish
Bearish
Moving Averages
Bearish (Daily)
KST
Bearish
Mildly Bearish
Dow Theory
Mildly Bearish
Mildly Bearish
OBV
Mildly Bullish
Mildly Bearish
stock-summary Technical Indicator Scale: Bearish, Mildly Bearish, Sideways, Mildly Bullish, Bullish  Turned 
stock-summaryShareholding
Shareholding Snapshot : Dec 2024stock-summary
Shareholding Compare (%holding) stock-summary
Majority shareholders

Promoters

Pledged Promoter Holdings

None

Mutual Funds

Held by 17 Schemes (4.66%)

FIIs

Held by 133 FIIs (16.03%)

Promoter with highest holding

Bengal & Assam Company Ltd. (47.44%)

Highest Public shareholder

International Finance Corporation (4.85%)

Individual Investors Holdings

19.44%

stock-summaryFinancial
[
  {
    "link": "quarterly",
    "btn_text": "All Quarterly Results",
    "header": "Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQ",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is 1.44% vs -0.48% in Sep 2024",
        "dir": 1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "QoQ Growth in quarter ended Dec 2024 is -61.85% vs -36.13% in Sep 2024",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Sep'24",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "3,673.68",
          "val2": "3,621.56",
          "chgp": "1.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "314.22",
          "val2": "421.26",
          "chgp": "-25.41%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "123.12",
          "val2": "120.07",
          "chgp": "2.54%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-17.55",
          "val2": "-10.81",
          "chgp": "-62.35%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "51.52",
          "val2": "135.04",
          "chgp": "-61.85%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "8.55%",
          "val2": "11.63%",
          "chgp": "-3.08%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "half-yearly",
    "btn_text": "All Half Yearly Results",
    "header": "Half Yearly Results Snapshot (Consolidated) - Sep'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": " Growth in half year ended Sep 2024 is -4.66% vs 2.92% in Sep 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": " Growth in half year ended Sep 2024 is -12.50% vs 347.38% in Sep 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Sep'24",
        "Sep'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "7,260.64",
          "val2": "7,615.61",
          "chgp": "-4.66%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "921.24",
          "val2": "1,046.26",
          "chgp": "-11.95%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "232.44",
          "val2": "231.46",
          "chgp": "0.42%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-11.30",
          "val2": "1.50",
          "chgp": "-853.33%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "346.48",
          "val2": "395.98",
          "chgp": "-12.50%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "12.69%",
          "val2": "13.74%",
          "chgp": "-1.05%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "nine-monthly",
    "btn_text": "All Nine Monthly Results",
    "header": "Nine Monthly Results Snapshot (Consolidated) - Dec'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -3.26% vs 2.64% in Dec 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in nine months ended Dec 2024 is -35.48% vs 300.32% in Dec 2023",
        "dir": -1
      }
    ],
    "table": {
      "header": [
        "Dec'24",
        "Dec'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "10,934.32",
          "val2": "11,303.33",
          "chgp": "-3.26%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "1,235.46",
          "val2": "1,596.44",
          "chgp": "-22.61%",
          "chgp_class": "negative"
        },
        {
          "field": "Interest",
          "val1": "355.56",
          "val2": "338.32",
          "chgp": "5.10%",
          "chgp_class": "negative"
        },
        {
          "field": "Exceptional Items",
          "val1": "-28.85",
          "val2": "-2.89",
          "chgp": "-898.27%",
          "chgp_class": "negative"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "398.00",
          "val2": "616.90",
          "chgp": "-35.48%",
          "chgp_class": "negative"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "11.30%",
          "val2": "14.12%",
          "chgp": "-2.82%",
          "chgp_class": "negative"
        }
      ]
    }
  },
  {
    "link": "annual",
    "btn_text": "All Annual Results",
    "header": "Annual Results Snapshot (Consolidated) - Mar'24",
    "rhs": [
      {
        "prefix": "Net Sales ",
        "suffix": "YoY Growth in year ended Mar 2024 is 2.44% vs 22.21% in Mar 2023",
        "dir": -1
      },
      {
        "prefix": "Consolidated Net Profit ",
        "suffix": "YoY Growth in year ended Mar 2024 is 199.54% vs 24.98% in Mar 2023",
        "dir": 1
      }
    ],
    "table": {
      "header": [
        "Mar'24",
        "Mar'23",
        "Change(%)"
      ],
      "body": [
        {
          "field": "Net Sales",
          "val1": "15,001.78",
          "val2": "14,644.94",
          "chgp": "2.44%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit (PBDIT) excl Other Income",
          "val1": "2,077.60",
          "val2": "1,297.81",
          "chgp": "60.09%",
          "chgp_class": "positive"
        },
        {
          "field": "Interest",
          "val1": "446.93",
          "val2": "454.50",
          "chgp": "-1.67%",
          "chgp_class": "positive"
        },
        {
          "field": "Exceptional Items",
          "val1": "-27.35",
          "val2": "-61.52",
          "chgp": "55.54%",
          "chgp_class": "positive"
        },
        {
          "field": "Consolidate Net Profit",
          "val1": "786.23",
          "val2": "262.48",
          "chgp": "199.54%",
          "chgp_class": "positive"
        },
        {
          "field": "Operating Profit Margin (Excl OI)",
          "val1": "13.85%",
          "val2": "8.86%",
          "chgp": "4.99%",
          "chgp_class": "positive"
        }
      ]
    }
  }
]
Quarterly Results Snapshot (Consolidated) - Dec'24 - QoQstock-summary
Dec'24
Sep'24
Change(%)
Net Sales
3,673.68
3,621.56
1.44%
Operating Profit (PBDIT) excl Other Income
314.22
421.26
-25.41%
Interest
123.12
120.07
2.54%
Exceptional Items
-17.55
-10.81
-62.35%
Consolidate Net Profit
51.52
135.04
-61.85%
Operating Profit Margin (Excl OI)
8.55%
11.63%
-3.08%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

QoQ Growth in quarter ended Dec 2024 is 1.44% vs -0.48% in Sep 2024

Direction Arrows
Consolidated Net Profit

QoQ Growth in quarter ended Dec 2024 is -61.85% vs -36.13% in Sep 2024

All Quarterly Resultsstock-summary
Half Yearly Results Snapshot (Consolidated) - Sep'24stock-summary
Sep'24
Sep'23
Change(%)
Net Sales
7,260.64
7,615.61
-4.66%
Operating Profit (PBDIT) excl Other Income
921.24
1,046.26
-11.95%
Interest
232.44
231.46
0.42%
Exceptional Items
-11.30
1.50
-853.33%
Consolidate Net Profit
346.48
395.98
-12.50%
Operating Profit Margin (Excl OI)
12.69%
13.74%
-1.05%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

Growth in half year ended Sep 2024 is -4.66% vs 2.92% in Sep 2023

Direction Arrows
Consolidated Net Profit

Growth in half year ended Sep 2024 is -12.50% vs 347.38% in Sep 2023

All Half Yearly Resultsstock-summary
Nine Monthly Results Snapshot (Consolidated) - Dec'24stock-summary
Dec'24
Dec'23
Change(%)
Net Sales
10,934.32
11,303.33
-3.26%
Operating Profit (PBDIT) excl Other Income
1,235.46
1,596.44
-22.61%
Interest
355.56
338.32
5.10%
Exceptional Items
-28.85
-2.89
-898.27%
Consolidate Net Profit
398.00
616.90
-35.48%
Operating Profit Margin (Excl OI)
11.30%
14.12%
-2.82%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in nine months ended Dec 2024 is -3.26% vs 2.64% in Dec 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in nine months ended Dec 2024 is -35.48% vs 300.32% in Dec 2023

All Nine Monthly Resultsstock-summary
Annual Results Snapshot (Consolidated) - Mar'24stock-summary
Mar'24
Mar'23
Change(%)
Net Sales
15,001.78
14,644.94
2.44%
Operating Profit (PBDIT) excl Other Income
2,077.60
1,297.81
60.09%
Interest
446.93
454.50
-1.67%
Exceptional Items
-27.35
-61.52
55.54%
Consolidate Net Profit
786.23
262.48
199.54%
Operating Profit Margin (Excl OI)
13.85%
8.86%
4.99%
Values in Rs Cr.
stock-summary Compare with Peers
Direction Arrows
Net Sales

YoY Growth in year ended Mar 2024 is 2.44% vs 22.21% in Mar 2023

Direction Arrows
Consolidated Net Profit

YoY Growth in year ended Mar 2024 is 199.54% vs 24.98% in Mar 2023

All Annual Resultsstock-summary
stock-summaryCompany CV
About JK Tyre & Industries Ltd stock-summary
stock-summary
JK Tyre & Industries Ltd
Mid Cap
Tyres & Allied
JK Tyre & Industries Limited is one of the leading automotive tyre manufacturers in India. The company mainly manufacture, develops, markets and distributes automotive tyres, tubes, flaps and retreads. It markets tyres for sale to vehicle manufacturers for fitment as original equipment and for sale in replacement markets. The company has manufacturing plants located in India and Mexico with worldwide distribution.
Company Coordinates stock-summary
Company Details
Jaykaygram, PO-Tyre Factory Kankroli Rajasthan : 313342
stock-summary
Tel: 91-02952-302400/330011
stock-summary
http://www.jktyre.com
stock-summary
investorjktyre@jkmail.com
Registrar Details
Alankit Assignments Ltd , Alankit House , 2 E/21, Jhandewala Extension, New Delhi
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