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Indian tire manufacturer (JK Organisation) making tires for cars, trucks, buses and farm equipment, with Mexico operations.
Indian tire manufacturer (JK Organisation) making tires for cars, trucks, buses and farm equipment, with Mexico operations.
Replacement sales through dealers outweigh sales to carmakers, because tires wear out and are bought again, while original-equipment supply deals tie the company to automaker volumes. Truck and bus tires are a large category, and natural rubber and crude-linked raw materials set margins.
Moat: narrow (brand, distribution). Long-standing Indian tire brand and Mexican manufacturing footprint, but MRF/Apollo/CEAT compete closely domestically.
Headquarters: New Delhi, India · Founded: 1977 · Employees: 17,926
Size JK Tyre & Industries (JKTYRE.NS) is an India Consumer Discretionary company (Automotive Aftermarket) with a market value of $1.10B, the 569th largest of 1,058 India companies the cockpit tracks. Shares closed at ₹359.25 on 6 Nov 2026.
Performance Over six months the shares fell 12.4%, against -17.9% for the median peer and 0.0% for the India market (cap-weighted) — 9th highest of 21 in its peer set.
Growth Revenue grew 12.5% over the last twelve months (peer median +5.0%); the operating margin is 6.8% (peer median 7.7%).
Valuation It trades at 20.6× forward earnings against a peer median of 17.4× (7th most expensive of 15).
Capital Return on invested capital runs 7.6 points below its cost of capital (15.0% WACC).
Next results Next results expected around 9 Feb 2027 (exchange calendar; dates can move).
| TTM | FY2025 | FY2024 | FY2023 | FY2022 | |
|---|---|---|---|---|---|
| Revenue | ₹172B | ₹163B | ₹147B | ₹149B | ₹146B |
| Revenue growth | — | +11% | -2% | +2% | — |
| Gross profit | ₹38.5B | ₹33.9B | ₹28.2B | ₹31.6B | ₹21.7B |
| EBITDA | ₹16.6B | ₹20.5B | ₹16.1B | ₹20.2B | ₹12.4B |
| Net income | ₹4.95B | ₹7.76B | ₹5.09B | ₹7.86B | ₹2.62B |
| Free cash flow | n/a | -₹3.60B | -₹3.41B | ₹4.05B | ₹3.33B |
| Capital expenditure | n/a | ₹14.2B | ₹6.39B | ₹7.74B | ₹4.63B |
| Total debt | ₹61.2B | ₹48.8B | ₹49.1B | ₹46.1B | ₹48.8B |
The default views of Competitor Analysis ▸ Charts, drawn from the same data. Open them in the cockpit to change the axes, pin companies and read every value.
| Company | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g |
|---|---|---|---|---|---|---|
| JK Tyre & Industries JKTYRE.NS | $1.10B | -12% | +13% | 7% | 20.6× | n/a |
| MRF MRF.NS | $5.62B | -4% | +11% | 10% | 25.7× | 20.7% |
| Apollo Tyres APOLLOTYRE.NS | $2.80B | +1% | +14% | 8% | 16.6× | 15.6% |
| CEAT CEATLTD.NS | $1.52B | +6% | +24% | 7% | 31.0× | 24.9% |
Peer set: Industry: the same industry and sector in any market, nearest in size. This is the same default set the interactive Competitor Analysis opens with.
| Measure | JKTYRE.NS | Peer median | Rank in peer set |
|---|---|---|---|
| 1-month return | +7.8% | -5.0% | 3rd highest of 21 |
| 6-month return | -12.4% | -17.9% | 9th highest of 21 |
| Distance from 52-week high | -41.3% | -31.4% | 5th lowest of 21 |
| Revenue growth (TTM) | +12.5% | +5.0% | 4th highest of 21 |
| Operating margin | 6.8% | 7.7% | 9th lowest of 21 |
| Forward P/E | 20.6× | 17.4× | 7th most expensive of 15 |
| ROIC minus cost of capital | -7.6 pp | +0.7 pp | 2nd lowest of 21 |
| EV / EBITDA | 9.7× | 7.9× | 5th most expensive of 11 |
| Net debt / EBITDA | 3.5× | 2.0× | 4th most indebted of 11 |
| Company | Market | Market cap | 6M return | Revenue growth | Op. margin | Forward P/E | Req g | Delivered g |
|---|---|---|---|---|---|---|---|---|
| JK Tyre & Industries JKTYRE.NS | India | $1.10B | -12% | +13% | 7% | 20.6× | n/a | n/a |
| Kumhotire 073240.KS | South Korea | $1.12B | -9% | +2% | 12% | 4.2× | n/a | n/a |
| XPEL XPEL | United States | $1.06B | -12% | +13% | 14% | 16.5× | n/a | n/a |
| Standard Motor Products SMP | United States | $993M | +10% | +6% | 11% | 9.3× | -8.5% | +9.7% |
| Guizhou Tyre 000589.SZ | China | $974M | -18% | +8% | 8% | 8.7× | n/a | n/a |
| TS Tech 7313.T | Japan | $1.25B | -3% | 0% | 2% | 23.3× | n/a | n/a |
| Goodyear Tire & Rubber GT | United States | $1.26B | -33% | -4% | 3% | n/a | 5.9% | +8.2% |
| Triangle Tyre 601163.SS | China | $1.38B | -21% | +2% | 5% | 18.2× | -7.2% | +2.9% |
| Jiangsu General Science Technology 601500.SS | China | $831M | -25% | +11% | 5% | 14.6× | -3.5% | +19.8% |
| Qingdao Doublestar 000599.SZ | China | $1.45B | -34% | +390% | 8% | n/a | -2.9% | +1.0% |
| CEAT CEATLTD.NS | India | $1.52B | +6% | +24% | 7% | 31.0× | 24.9% | +15.5% |
| Bengal & Assam BENGALASM.NS | India | $688M | -13% | +12% | 13% | n/a | 19.9% | -25.6% |
| Haian Rubber 001233.SZ | China | $1.82B | +9% | -4% | 23% | 25.6× | 1.8% | +13.7% |
| Nankang Rubber Tire 2101.TW | Taiwan | $607M | -18% | +10% | 26% | n/a | -15.5% | -2.8% |
| Aeolus Tire 600469.SS | China | $598M | -30% | +2% | 4% | n/a | n/a | n/a |
| Giti Tire 600182.SS | China | $578M | -22% | -1% | 10% | n/a | -5.6% | +11.6% |
| Nokian Renkaat TYRES.HE | Finland | $2.21B | +37% | +5% | 6% | 27.4× | 19.4% | +0.9% |
| Shandong Linglong Tyre 601966.SS | China | $2.32B | -19% | +8% | 3% | 50.3× | -0.4% | +6.0% |
| Prinx Chengshan 1809.HK | Hong Kong | $508M | -20% | +9% | 9% | 2.4× | n/a | n/a |
| Kenda Rubber Industrial 2106.TW | Taiwan | $461M | -8% | 0% | 2% | 25.3× | 10.9% | +2.3% |
| Qingdao Sentury Tire 002984.SZ | China | $2.62B | -25% | +2% | 8% | 16.7× | 3.4% | +12.8% |