JK Tyre & Industries Limited (JKTYRE)
Large CapAuto stocks · Large cap · NSE
JK Tyre & Industries Ltd. is a leading Indian tyre manufacturer with a significant global brand presence. It operates 11 manufacturing facilities with a combined capacity of 35Mn+ tyres annually, serving over 100 countries. The company pioneered radial technology in India and was the first to launch OE fitment of tubeless passenger radials and TPMS.
One read, four checks
75+ is strong, 60-74 is usable, 45-59 is mixed, and below 45 needs caution. These are research lenses, not buy/sell instructions.
Strong fundamentals, management trust is acceptable, but price trend argues for patience. Suitable for staggered entry or watchlist confirmation rather than aggressive buying.
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
low confidence · 0/0 claims checked
Timing lens: price trend and sector relative strength.
Rolling lens: recent quarterly delivery, not the latest single-result score.
Quarter ended 30 Jun 2026
Bad · 0/100PAT -73% YoY · margin compression · Rev +2% YoY
| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹3,946 Cr | +2.0% | -6.6% |
| EBITDA | ₹258 Cr | -35.8% | -52.0% |
| Operating margin | 7.0% | -300 bps | -600 bps |
| PAT | ₹44 Cr | -73.0% | -75.3% |
| PAT margin | 1.1% | -309 bps | -310 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Business & thesis
Growth engines, tailwinds/headwinds, and risk radar from management commentary
Where growth can come from, and what can break the case
JK Tyre reports strong FY26 consolidated performance with 11% revenue growth and 50% PAT increase YoY. Q4FY26 revenue was flat QoQ, but EBITDA declined 6% QoQ and PAT declined 5% QoQ, despite robust YoY growth.
Strong FY26 results were driven by robust YoY growth in revenue and profitability. However, Q4FY26 saw sequential deceleration with flat revenue and declining EBITDA/PAT, raising questions about near-term momentum and margin resilience. The absence of explicit commentary on demand outlook or cost trends is a concern.
New Product Development
Launch of EV tyre range for commercial and passenger vehicles, addressing emerging market needs.
Smart Tyre Technology
First in India to launch embedded sensor-based Smart Tyres for passenger cars, tracking key parameters for safety and efficiency.
Diversified Product Portfolio
Comprehensive range catering to Truck/Bus, LCV/SCV, Farm, Passenger Car, 2/3-Wheeler, OTR, Industrial, Speciality, Retreads, Racing, Military/Defence segments.
Global Presence
Extensive dealer and distribution network across India, Mexico, North & Latin America, Africa, Middle East & South-East Asia.
Management accountability
What management said, and what results must prove
Management accountability
What management said, and what results must prove
What management said, and what results must prove
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
YoY comparison is crucial for the auto sector due to potential seasonality and long-term growth trends. QoQ comparison is important to assess sequential momentum, margin changes, and the immediate impact of market conditions or cost fluctuations.
Consolidated Total Income
Q4FY26: INR 4,233 Cr (Flat QoQ, +12% YoY); FY26: INR 16,384 Cr (+11% YoY)
Consolidated EBITDA
Q4FY26: INR 546 Cr (-6% QoQ, +42% YoY); FY26: INR 2,089 Cr (+25% YoY)
Consolidated EBITDA Margin
Q4FY26: 12.9% (-1% QoQ, +2.7% YoY); FY26: 12.8% (+1.4% YoY)
Consolidated PAT
Q4FY26: INR 188 Cr (-5% QoQ, +83% YoY); FY26: INR 774 Cr (+50% YoY)
Numbers and claims to verify in the next filings
| Checkpoint | Current evidence | What to verify next |
|---|---|---|
| Consolidated EBITDA Margin | 12.9% (Q4FY26) | Sequential stability or improvement in margins, indicating effective cost management or pricing power. |
| Revenue Growth | Flat QoQ (Q4FY26), 12% YoY (Q4FY26) | Reacceleration of sequential revenue growth, especially in key segments like EV tyres. |
| EV Tyre Adoption | New EV tyre range launched | Market acceptance and contribution of new EV tyre products to overall sales and profitability. |
Verification checkpoints are IndiaPulse research interpretation, not investment advice.
Trend score and candlestick chart
24Bearishfull bear SMA stack · SMA20 -5.9% / mo · MACD − · sector -3.3pp vs Nifty (3M)
Technical chart
JKTYREdaily · 1Y · AUTO-16.7%Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 35.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~6.3% over last month) — short-term momentum negative.
- RSI(14) at 35 — falling, no extreme reading.
- MACD below signal, histogram expanding negatively — bearish momentum building.
- 40% off 52W high · 6% above 52W low.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Relative Strength & Trend Stage
- Price is 11.6% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -4.2%.
- Both 3-month and 6-month returns are negative.
Valuation & score drivers
U-Score 76 · DEEP VALUE · pillar breakdown, sector model, fair-value anchor
Valuation & score drivers
U-Score 76 · DEEP VALUE · pillar breakdown, sector model, fair-value anchor
Fundamental score breakdown
DEEP VALUEWhy this score?
Top U-Score contributors and drags from the latest stored fundamentals.
Positive drivers
- FCF yield is supportive at 7.9%.
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 60.1%.
Main drags
- Balance sheet is weaker at 8/15; verify the latest quarterly trend.
- Quality is weaker at 11/20; verify the latest quarterly trend.
- Valuation is weaker at 18/30; verify the latest quarterly trend.
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Score history
12 stored score snapshots. Latest stored move: +0 points.
Factor attribution
Modelled fair value
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust score
Does management behaviour match later outcomes? Claim delivery, forensic breakdown, evidence depth
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Healthy Trust: Claim history is still being built. It ranks around the 75th percentile of the scored universe and 52nd percentile within Auto. No major sub-score weakness stands out.
Healthy Trust Lite: Promoter pledge is zero. Key concern: 1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Generally investable credibility. Look for weak sub-scores before increasing position size.
overall median 67 · Auto: 52nd pctile, median 74 · Large: 56th pctile, median 73
67 documents have extracted text, but claim history is not strong enough yet.
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Healthy Trust · low confidenceRead Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Trust positives
- ▸Promoter pledge is zero.
- ▸Promoter holding increased 1.2%.
- ▸FCF yield is 7.9%.
- ▸10 years of positive FCF.
Trust risks
- ▸1 of the latest 4 quarters had PAT decline worse than 25% YoY.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Financials
Full fundamentals table and 10-year revenue / profit / ROE history
Fundamentals
Valuation
- P/E
- 14.70
- P/B
- 1.75
- EV/EBITDA
- 6.53
- Market Cap
- 10590.00Cr
Profitability
- ROE
- 16.00%
- ROCE
- 15.50%
- ROA
- 4.13%
- Dividend Y
- 1.09%
Growth (CAGR)
- Revenue 5Y
- 12.00%
- EPS 5Y
- 24.00%
- Revenue 3Y
- 4.00%
- EPS 3Y
- 44.00%
Balance Sheet
- Debt/Equity
- 0.81
- Interest Coverage
- 4.57×
- Altman Z
- 2.73
- Book Value
- 210.00
Cash Flow
- FCF Yield
- 7.87%
- FCF Positive Y
- 10/5
- OCF
- 1444.00 Cr
- EPS TTM
- 23.19
Shareholding
- Promoter Hold
- 51.72%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 8%
Financial History
Updated 5/9/2026
Revenue
₹ CrNet Profit
₹ CrReturn on Equity
%Peers
Business-comparable names in Auto, ranked by similarity
Peers
Business-comparable names in Auto, ranked by similarity
Peers
Business-comparable peers in Auto — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.