Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Sep - Submission of notice regarding special window for transfer and Dematerialisation of Physical Securities.
Source: Bse
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.
Data qualityFresh enough for analysisQuote updated 21 Oct, 04:45 am ISTDetails
Quote21 Oct, 04:45 am IST
Base fundamentals14 Oct 2026 · screener
Latest result16 Aug, 01:31 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Auto P/E 25.7 (n=127)
Technical timing lens
Trend score and candlestick chart
34Bearishfull bear SMA stack · SMA20 -7.3% / mo · MACD + · near 52W low
Stock trend: 24
Sector RS: 49
Sector 3M: -6.3% vs Nifty 500 -5.6%
Auto FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
JKTYRED candles · FIT view-16.4%Latest close ₹332.10 on 2026-10-19
Bar
-1.5%
RSI
37
MACD hist
1.18
52W pos
2%
2026-10-19O ₹337.20H ₹338.40L ₹331.05C ₹332.10Vol 2.0L sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
JKTYRENifty AutoNifty 500
- JKTYRE
- -17.4%
- Nifty 500
- -5.6%
- Nifty Auto
- -5.4%
- Vs Nifty 500
- -11.8 pp
Chart stats
19 Oct 2026- From 52W high
- -45.7%
- 52W range position
- 2%
- ATR (14)
- 2.4%
- Volume vs 20D
- 0.41x
- Avg traded value
- ₹16 Cr
- 20D price channel
- ₹327 - ₹358.3
₹611.9
₹327 - ₹611.9
₹7.9
Latest completed session
20-session average
24.4% annualized volatility
Research snapshot
What the evidence says now
Strong fundamentals, management evidence is still limited to a financial-only Trust Lite signal, but price trend argues for patience. Suitable for staggered entry or watchlist confirmation rather than aggressive buying.
Strong U-Score but weak trend: timing is not confirming the thesis.
Suggested next step
Add to watchlist
Fundamental setup is interesting, but technical confirmation is weak.
U-Score
Legacy · DEEP VALUE77
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +2.0% · PAT -73.0% YoY
Technical
Bearish34
Price trend and sector-relative-strength timing.
Valuation
Legacy model+62.9%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence74
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100PAT -73% YoY · margin compression · Rev +2% YoY
Filed 30 Jun 2026
Open results browser →| 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.
Fundamentals
Valuation
- P/E
- 13.50
- P/B
- 1.61
- EV/EBITDA
- 6.17
- Market Cap
- 9737.00Cr
Profitability
- ROE
- 16.00%
- ROCE
- 15.50%
- ROA
- 4.13%
- Dividend Y
- 1.18%
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
- 2.68
- Book Value
- 210.00
Cash Flow
- FCF Yield
- 8.55%
- FCF Positive Y
- 10/5
- OCF
- 1444.00 Cr
- EPS TTM
- 23.19
Shareholding
- Promoter Hold
- 51.72%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 4%
Financial History
Updated 19/10/2026
Revenue
₹ CrLatest: 16.3k+11.1% vs prev
Net Profit
₹ CrLatest: 776+52.5% vs prev
Return on Equity
%Latest: 1,338+44.6% vs prev
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Mixed signalsSignals are conflicting — long-term trend down. RSI 37. Wait for confirmation.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~7.9% over last month) — short-term momentum negative.
- RSI(14) at 37 — rising, no extreme reading.
- MACD above signal, histogram expanding — bullish momentum building.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
19
RS percentile
Stage 4 Downtrend
1M return
-4.9%
3M return
-17.4%
6M return
-22.2%
1Y return
-22.2%
RS 1D
-4
RS 20D
-9
Sector rank
#10
Industry rank
#14
Stage evidence
- Price is 13.9% 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.
50-DMA
price below
200-DMA
price below
Sector
neutral
Industry
weakening
Relative-strength line vs Nifty 500 (base 100)
262 observations
19 Oct 2026Value 95.55-0.85%
RS vs Nifty 50096
Valuation & peers
U-Score 77 · legacy U-Score band DEEP VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 77 · legacy U-Score band DEEP VALUE · valuation evidence and comparable companies
Top Setup
Fundamental score breakdown
U band · DEEP VALUEValuation19/30
Growth23/25
Quality11/20
Balance Sheet8/15
Cash Flow10/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
77
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
77/100 · legacy band DEEP VALUE
Positive drivers
- FCF yield is supportive at 8.6%.
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 62.9%.
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 19/30; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
13.5
PB
1.6
EV/EBITDA
6.2
ROE
16.0%
ROCE
15.5%
FCF Yield
8.6%
Debt/Equity
0.8
MoS
+62.9%
Score movement
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.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
77
Previous: 77
Legacy U-Score band
DEEP VALUE
Previous: DEEP VALUE
Margin of safety
+62.9%
Previous: +62.9%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
77
77
77
77
77
77
77
77
77
77
77
77
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹331.02
-0.3% MoS
Growth-justified P/E
38.5
Growth-justified Value
₹893.97
+62.9% MoS
PEG
0.42
Comparable companies
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.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
CEATLTD
Large
CEAT Limited
Auto Components
match 162
48
23.3
16.1%
+17%
FAIR VALUE
TOLINS
Small
Tolins Tyres Limited
Auto Components
match 155
56
10.3
10.4%
+49%
FAIR VALUE
APOLLOTYRE
Large
Apollo Tyres Limited
Auto Components
match 154
67
12.4
13.1%
+60%
UNDERVALUED
GOODYEAR
Small
Goodyear India Limited
Auto Components
match 150
34
26.1
12.6%
-712%
WATCHLIST
VIAZ
SME
Viaz Tyres Ltd.
Auto Components
match 149
39
24.0
10.8%
+38%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Where growth can come from, and what can break the case
Thesis under stressReviewed 2026-06-03T17:57:35.836Z
Management commentary snapshot
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.
Growth engines
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
Issuer guidance and extracted claims are tracked against later reported outcomes. Treat these as management statements, not IndiaPulse forecasts.
Analyst reading lens
Compare BOTH
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.
Sector KPIs management disclosed
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)
Thesis monitor
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.
Trust Score
74Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 75th percentile of the scored universe and 53rd percentile within Auto. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 21 Oct 2026
management-trust-v1
70 docs text-extracted · 22 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
75th percentile
overall median 67 · Auto: 53rd pctile, median 74 · Large: 55th pctile, median 73
Evidence depth
Financial-only
70 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Acceptable, but check the weakest sub-score before increasing exposure.
Read 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.
Promoter
82
strong · holding, pledge, alignment
Cash flow
89
strong · profit to cash conversion
Balance sheet
65
acceptable · leverage and solvency
Discipline
60
acceptable · capital discipline
Results
72
acceptable · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸Promoter holding increased 1.2%.
- ▸FCF yield is 8.6%.
- ▸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.
Continue researching JK Tyre & Industries Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Credit rating
Announcement under Regulation 30 (LODR)-Credit Rating 12 Jun - Ind-Ra affirmed JK Tyre’s IND AA-/Stable/IND A1+ ratings and withdrew CIL ratings after merger.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 11 Jun - Submission of Notice to Shareholders in respect of Equity Shares proposed to be transferred to Demat Account of Investor Education and Protection Fund Authority.
Source: Bse
Annual report
Annual Report 2026
Source: Bse
Annual report
Annual Report 2025
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.