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JK Tyre & Industries Ltd.

JKTYREConsumer Discretionary filings

We hold this company’s filings and have not read the financial statements out of them yet. Every filing on record is listed under filings, and each one opens.

Earnings calls

18 transcript(s)/analyst meet(s) served; 7 document(s) on file are not transcripts (cover letters, duplicates, unresolved) and are excluded. Speaker attribution is shown only where the segmenter attributes ≥ 95% of sentences to management or analysts (0 of 18 documents here); elsewhere sentences render unattributed.

KindDatePeriodServedAttribution rate
COVER_LETTER202205262022-03-31no
COVER_LETTER202208172022-06-30no
COVER_LETTER202211112022-09-30no
COVER_LETTER202302132022-12-31no
COVER_LETTER202305262023-03-31no
TRANSCRIPT202308142023-06-30yes
COVER_LETTER202311092023-09-30no
COVER_LETTER202402142023-12-31no
TRANSCRIPT202405282024-03-31yes
TRANSCRIPT202408092024-06-30yes
TRANSCRIPT202411122024-09-30yes
TRANSCRIPT202502172024-12-31yes
TRANSCRIPT202505262025-03-31yes
TRANSCRIPT202508182025-06-30yes
TRANSCRIPT202511042025-09-30yes
TRANSCRIPT202602132025-12-31yes
TRANSCRIPT202606022026-03-31yes
TRANSCRIPT202608142026-06-30yes

JKTYRE

files the standard Schedule III statements. Every figure below opens to the filing it was read from; where a figure is not shown, the reason is printed in its place.

Identity

Statement divisiongeneral
Scope servedconsolidated
Panels on this page4

Market

No split, bonus or consolidation is on record for this company inside the period this price series covers, so the closes need no adjustment.

Last close347.20
52-week range343.3 – 604.9
Return 1M-8.79%
Return 3M-12.58%
Return 1Y-7.48%
Return 3Y22.92%
Return 5Y126.93%
Market capitalisationnot shown — we could not confirm it
Shares outstandingnot shown — we could not confirm it
P/Enot shown — we could not confirm it
P/Bnot shown — we could not confirm it
EV/EBITDAnot shown — we could not confirm it

Latest quarter filed — period ending 2026-06-30

In INR crore except per-share figures. `period_id` is the period the filing names for the number; the date beside each cell is when it was filed.

Revenue from operations3,946.00
Other income9.00
Total income3,956.00
Cost of materials consumed3,037.00
Purchases of stock-in-trade74.00
Changes in inventories-342.00
Employee benefit expense317.00
Finance costs99.00

Ownership — 2026-06-30, and the change from 2026-03-31

HolderPer centChange
promoter and promoter group0.520.00
institutions foreign0.16-0.03
institutions domestic0.07-0.00
mutual funds0.07-0.00
public0.480.00

Documents on file

ClassMost recentOn file
COVER_LETTER2023-12-317
TRANSCRIPT2026-06-3011

Financial statements

Filed results, consolidated, in INR crore except per-share figures. Every figure opens to the filing it was read from. Quarterly and annual columns are the periods the filing itself names, never a document date.

Quarterly results, as filed

Line2022-09-302022-12-312023-03-312023-06-302023-09-302023-12-312024-03-312024-06-302024-09-302024-12-312025-03-312025-06-302025-09-302025-12-312026-03-312026-06-30
Revenue from operations3,757.003,613.003,632.003,718.003,898.003,688.003,698.003,639.003,622.003,674.003,759.003,869.004,011.004,223.004,223.003,946.00
Other income8.0010.0012.008.008.0013.0016.0016.0022.0021.0021.0022.0014.0012.009.009.00
Total income3,764.003,623.003,645.003,726.003,905.003,700.003,714.003,655.003,643.003,694.003,780.003,891.004,026.004,235.004,233.003,956.00
Cost of materials consumed2,420.002,436.002,128.002,172.002,199.002,171.002,254.002,167.002,401.002,295.002,223.002,267.002,445.002,460.002,541.003,037.00
Purchases of stock-in-trade174.0065.00139.0040.0043.0069.0063.0043.0037.0035.0040.0037.0044.0052.0065.0074.00
Changes in inventories48.00-79.00116.00121.0092.00-19.00-133.00-68.00-207.0052.00159.00147.00-43.0058.0016.00-342.00
Employee benefit expense295.00307.00328.00336.00372.00354.00369.00370.00361.00358.00362.00382.00415.00398.00411.00317.00
Finance costs109.00121.00125.00122.00109.00107.00109.00112.00120.00123.00121.00115.00108.00106.00101.0099.00
Depreciation and amortisation99.00102.00106.00106.00108.00111.00112.00113.00113.00114.00117.00114.00116.00119.00123.00126.00
Other expenses522.00545.00546.00592.00602.00562.00664.00627.00609.00620.00611.00634.00629.00684.00653.00603.00
Total expenses3,668.003,496.003,487.003,489.003,526.003,355.003,438.003,364.003,434.003,596.003,633.003,695.003,714.003,877.003,910.003,913.00
Profit before exceptional items and tax97.00127.00158.00237.00380.00345.00276.00291.00210.0098.00147.00195.00312.00358.00323.0043.00
Exceptional items-23.00-14.0010.004.00-3.00-4.00-24.00-0.00-11.00-18.00-3.0013.00-7.00-104.00-47.0011.00
Profit before tax74.00113.00168.00242.00377.00341.00252.00290.00199.0080.00144.00208.00304.00254.00277.0054.00
Current tax30.0042.0052.0074.00104.0087.0075.0063.0041.0019.0054.0060.0067.00-126.0093.00-4.00
Deferred tax-5.002.004.009.0023.0027.002.0016.0014.004.00-12.00-7.0014.00171.00-5.0015.00
Tax expense25.0043.0055.0082.00127.00114.0077.0079.0055.0023.0042.0053.0082.0045.0089.0011.00
Profit for the period50.0067.00112.00159.00249.00227.00172.00218.00140.0053.0099.00163.00227.00208.00178.0044.00
Profit attributable to owners51.0066.00108.00154.00242.00221.00169.00211.00135.0052.0097.00165.00221.00208.00178.0044.00
Profit attributable to non-controlling interests-2.001.003.005.007.006.002.007.005.001.002.00-2.005.00-0.00-0.000.00
Other comprehensive income12.0035.0032.0027.00-8.006.0014.00-51.00-38.00-11.0013.0045.0034.0024.0025.0030.00
Total comprehensive income61.00102.00144.00186.00241.00233.00185.00167.00102.0042.00112.00209.00261.00232.00203.0074.00
Earnings per share, basic2.082.664.375.939.338.476.187.724.931.883.546.038.087.296.251.55
Earnings per share, diluted2.082.664.375.919.298.446.167.694.921.883.546.038.087.296.251.55

Annual results, as filed

Line2018-03-312020-03-312021-03-312022-03-312023-03-312024-03-312025-03-312026-03-31
Revenue from operations8,397.008,725.009,102.0011,983.0014,645.0015,002.0014,693.0016,327.00
Other income146.0028.0043.0037.0037.0044.0079.0058.00
Total income8,543.008,753.009,145.0012,020.0014,681.0015,046.0014,772.0016,384.00
Cost of materials consumed5,247.005,095.005,247.008,170.009,600.008,797.009,085.009,714.00
Purchases of stock-in-trade91.00256.00118.00221.00471.00215.00155.00197.00
Changes in inventories-88.00-14.00104.00-351.00-61.0061.00-64.00178.00
Employee benefit expense818.00923.00923.001,065.001,218.001,432.001,451.001,606.00
Finance costs466.00549.00466.00419.00454.00447.00476.00428.00
Depreciation and amortisation299.00378.00387.00385.00407.00437.00456.00472.00
Other expenses1,592.001,477.001,404.001,805.002,118.002,420.002,467.002,601.00
Total expenses8,425.008,664.008,648.0011,714.0014,209.0013,808.0014,027.0015,196.00
Profit before exceptional items and tax118.0089.00497.00305.00473.001,238.00745.001,188.00
Exceptional items-11.00-106.0037.004.00-62.00-27.00-32.00-146.00
Profit before tax107.00-17.00534.00309.00411.001,211.00713.001,043.00
Current tax0.0034.00140.00160.00160.00339.00177.0095.00
Deferred tax44.00-200.0061.00-52.00-13.0060.0021.00174.00
Tax expense44.00-166.00201.00109.00147.00399.00198.00269.00
Profit for the period63.00141.00331.00201.00263.00806.00509.00776.00
Profit attributable to owners66.00151.00319.00210.00262.00786.00495.00776.00
Profit attributable to non-controlling interests-3.00-9.0012.00-9.001.0020.0014.00-0.00
Other comprehensive income-9.00-70.0036.0014.0089.0038.00-88.00129.00
Total comprehensive income55.0071.00367.00216.00352.00844.00422.00905.00
Earnings per share, basic2.916.1212.978.5310.6429.8418.0727.24
Earnings per share, diluted2.916.1212.978.5310.6429.7418.0527.24

Balance sheet, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Total assets12,689.0012,449.0012,887.0014,094.0014,876.0014,519.0015,099.0015,996.00
Non-current assets6,971.007,037.007,256.007,538.007,525.007,565.008,087.008,701.00
Current assets5,718.005,412.005,631.006,557.007,351.006,953.007,012.007,295.00
Property, plant and equipment6,166.006,209.006,186.006,562.006,663.006,524.006,534.006,930.00
Capital work-in-progress150.00191.00447.00366.00284.00417.00783.001,091.00
Goodwill0.000.000.000.000.0017.0017.0017.00
Other intangible assets231.00253.00253.00261.00214.00205.00226.00231.00
Inventories2,625.002,171.002,082.002,282.002,773.002,526.002,356.002,663.00
Trade receivables2,219.002,283.002,596.002,754.002,906.002,831.003,122.003,211.00
Cash and cash equivalents175.00173.00151.00171.00202.00187.00141.00237.00
Total equity and liabilities12,689.0012,449.0012,887.0014,094.0014,876.0014,519.0015,099.0015,996.00
Equity3,019.003,496.003,875.004,606.004,834.004,984.005,376.006,060.00
Equity share capital49.0049.0049.0052.0055.0055.0055.0058.00
Other equity2,874.003,347.003,715.004,435.004,648.004,796.005,185.006,003.00
Total liabilities9,670.008,953.009,012.009,488.0010,042.009,535.009,723.009,936.00
Non-current liabilities3,783.003,692.003,773.003,803.003,864.003,736.003,892.004,509.00
Current liabilities5,887.005,261.005,239.005,686.006,178.005,800.005,830.005,427.00
Borrowings, non-current2,470.002,360.002,243.002,187.002,185.002,028.002,118.002,528.00
Borrowings, current2,853.002,423.002,098.002,287.002,927.002,764.002,593.002,218.00
Trade payables2,287.001,820.002,054.002,157.002,176.001,892.002,109.002,162.00

Cash flow, as filed

Line2022-09-302023-03-312023-09-302024-03-312024-09-302025-03-312025-09-302026-03-31
Net cash from operating activities417.001,224.001,064.001,614.00-28.00716.00866.001,444.00
Net cash from investing activities-197.00-400.00-339.00-1,208.00-284.00-455.00-405.00-627.00
Net cash from financing activities-140.00-747.00-751.00-413.00351.00-237.00-512.00-783.00
Purchase of property, plant and equipment229.00463.00366.00774.00348.00639.00612.001,424.00
Net increase in cash81.0079.00-23.00-2.0030.0015.00-46.0050.00
con:CFO.BEFORE_TAX563.001,361.001,186.001,832.00119.00973.00920.001,655.00
con:INTEREST_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:INTEREST_PAID.OPERATING0.000.000.000.000.000.000.000.00
con:DIVIDENDS_RECEIVED.OPERATING0.000.000.000.000.000.000.000.00
con:TAX_PAID.OPERATING146.00137.00122.00218.00147.00257.0054.00211.00
con:CF_OTHER.OPERATING0.000.000.000.000.000.000.000.00
con:INVESTMENTS_PURCHASED0.000.000.003.002.004.001.002.00
con:INVESTMENTS_SOLD0.000.000.0011.0011.0012.0011.00264.00
con:PPE_DISPOSALS33.0065.0012.0030.006.000.0010.0018.00
con:CF_INVESTING.SUBSIDIARIES_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.SUBSIDIARIES_ACQUIRED0.000.000.000.000.0010.000.000.00
con:CF_INVESTING.JV_SOLD0.000.000.000.000.000.000.000.00
con:CF_INVESTING.JV_ACQUIRED0.000.000.000.000.000.000.000.00

Who owns it

The shareholding pattern filed with the exchange every quarter, as a series. Percentages are of total shares. Each figure names the filing it was read from and the date it was filed.

Holder2023-12-232023-12-312024-03-312024-06-302024-09-162024-09-302024-12-312025-03-312025-06-302025-09-302025-12-262025-12-312026-03-312026-06-30
Promoter and promoter group53.1353.1353.1353.1350.5550.5550.5550.5550.550.510.520.520.520.52
Domestic institutions5.855.895.325.055.755.856.346.156.420.070.070.070.070.07
Mutual funds————————5.510.060.070.070.070.07
Insurance companies1.121.111.261.251.401.411.561.290.730.010.010.010.000.00
Foreign institutions12.2612.2115.2914.1516.5816.4516.0315.9416.110.160.170.170.190.16
Government————————0.000.000.000.000.000.00
Public46.8746.8746.8746.8749.4549.4549.4549.4549.450.490.480.480.480.48
Non-institutional28.7528.7726.2627.6627.1227.1527.0727.3626.920.260.240.240.220.25
Shares outstanding260723629260723629260723629260723629274020027274020027274020027274020027274020027274020027288289511288289511288289511288289511

Related parties

Transactions with related parties as disclosed to the exchange for the period ending 2024-09-30, by counterparty, largest first. Amounts are as filed. Each row names the filing and the date it was filed.

CounterpartyRelationshipTypeAmount in the periodTransactions
Compañía Hulera Tornel, S.A. de C.V.SubsidiaryLoan, Purchase of goods or services, Sale of goods o8,166,500,000.006
Cavendish Industries Ltd.SubsidiaryAny other transaction, Purchase of goods or services6,015,500,000.005
Valiant Pacific LLC.AssociatePurchase of goods or services, Sale of goods or serv2,397,800,000.003
JK TORNEL, S.A. de C.V.SubsidiaryAdvance, Any other transaction, Interest received, L1,798,700,000.0011
Western Tires INC.,AssociateAdvance, Sale of goods or services1,014,000,000.004
Hari Shankar Singhania Elastomer and Tyre Research InstituteAssociateAny other transaction, Purchase of goods or services291,400,000.003
GINTOR ADMINISTRACION, S.A. de C.VSubsidiaryAny other transaction, Interest paid163,600,000.009
INDICA TRAVELS & TOURS PVT. LIMITEDPromoter GroupAny other transaction, Purchase of goods or services149,800,000.002
JK Tyre & Industries Ltd. Employees Provident Fund TrustPost-Employment Benefit Plans EntiAny other transaction116,300,000.001
JK CREDIT & FINANCE LIMITEDPromoter GroupInterest received, Purchase of goods or services116,000,000.002
JK Tornel S.A. de C.V.SubsidiarySale of goods or services98,300,000.001
NAV BHARAT VANIJYA LIMITEDPromoter GroupAny other transaction88,700,000.002
Dr. Raghupati SinghaniaChairman & Managing DirectorAny other transaction, Remuneration57,000,000.002
COMPAÑÍA INMOBILIARIA NORIDA S.A. de C.V.SubsidiaryAny other transaction55,200,000.001
GENERAL DE INMUEBLES INDUSTRIALES, S.A. de C.V.SubsidiaryAny other transaction, Interest paid50,800,000.006

What management said

Every earnings call we hold for this company, read in full. Prepared remarks are separated from the question-and-answer session and every paragraph names who said it and on which page. These are management’s own words, not filed figures.

DateQuarterWho spoke
2026-08-14Q1FY27Read the call
2026-06-02Q4FY26INDUSTRIES LIMITED, TYRE & INDUSTRIES LIMITEDRead the call
2026-02-13Q3FY26Read the call
2025-11-04Q2FY26Read the call
2025-08-18Q1FY26Read the call
2025-05-26Q4FY25Read the call
2025-02-17Q3FY25INDUSTRIES LIMITED, TYRE & INDUSTRIES LIMITEDRead the call
2024-11-12Q2FY25Read the call
2024-08-09Q1FY25LIMITEDRead the call
2024-05-28Q4FY24Read the call
2023-08-14Q1FY24Read the call

Some earlier announcements under this heading are covering letters only — no transcript was attached.

What they said about it, quarter by quarter

TopicQ1FY27Q2FY25Q2FY26Q3FY25Q3FY26Q4FY24Q4FY25Q4FY26
CapexBut yes, because of certain operational requirements, the working capital increase that has happened due to higher raw material and selling prices and…Also, because of the election, the infra capex did not happen.From the cash flow statement, almost Rs.610 crores of capex in first half and as you said working capital increased this quarter and that's how one ca…As we had earlier shared, we had a capex plan where the TBR capacity was increased.Sir, you along with some of your peers across the industry have announced new CAPEX.—As you know that we had already announced our capex plans of Rs.1,400 crores, plus we spend annually Rs.200-300 crores on normal capex.So, about the capex plan, what is your expectation for the next two years, because this Rs.50 billion capex, this will be including Rs.11.3 billion ca…
CostsSee, mainly, we are getting the raw material from 2 sources.The raw material basket which moved up 6%-7% in Q2, how do you see that with today's commodity price come down in Q4 per se, not in Q3, because it wil…Second question, as you mentioned about raw material basket was down 3% QoQ and one can see that natural rubber prices are down to Rs.185/kg from Rs.2…Yes, the average raw material prices have increased 2% on a quarter-on-quarter basis and here I would say that the natural rubber prices have actually…And given the raw material scenario we are at currently, where do you see margins for this year and the next quarter or next couple of quarters?Okay sir, in the light of recent key raw materials like rubber, and even crude being volatile, but rubber actually having increased to what it is righ…Sir, my question is what is the company’s outlook on raw material cost in upcoming quarters?On the raw material prices, we are seeing an increase of nearly 18% to 19% in Q1FY27, and going forward, actually, it will be depending on the war, bu…
Debt and cash——And as far as the working capital is concerned there was intentional addition to the finished goods because we wanted to be ready for the festive seas…How much is the current net debt of the company and what's your debt reduction going ahead?—And you had mentioned the net debt movement, net debt amount, but can you tell me the gross debt movement and how much was repaid during the year?So this year, we saw our debt increase on a year- on-year basis on a net debt basis.—
DemandWe are therefore expecting good double-digit growth on the back of the price increases and the demand led increased volume, everything put together.In the TBR segment, the replacement demand is holding steady.How is the demand scenario in domestic and exports side both?Our outlook going forward is that demand in the replacement market is going to be promising.So, my second question is on the demand scenario.My first question is around demand outlook.But having said that, there is a good demand, which is coming our way in Mexico, the local Mexico as well.And now seeing the momentum in the demand growth we have announced another Rs.50 billion expansion plans, to be completed in three phases over the nex…
GuidanceSince 4th quarter was also weak and the 1st quarter had also declined significantly on Y-o-Y basis, should we expect it to improve from here?We anticipate that as overall demand improves and freight availability strengthens in Q3 and Q4, we will have a better opportunity to implement furthe…So, what is the outlook for full year capex and how do you see the working capital normalization in coming quarters so that one can see a good free ca…Compared to that because of those carry-forward inventory, our margin was impacted much in Q3. Do we expect Q4 for JK gross margin level should be muc…Because most of the companies are guiding for double-digit growth for the 4th Quarter, but do you see that this demand sustaining in the replacement m…So, we expect that further consolidation of fleets is likely to happen and therefore, this will give us a definite advantage going forward.And the trend of raw material also is moving positively, there is a stable guidance for that.And also, if you can give a guidance about FY27 capex guidance and how do you plan to fund it like will it be totally debt-funded?
MarginAnd once these costs are stabilized, we will be able to see a good margin improvement from at least 2nd half of this financial year.EBITDA margins are definitely better in the case of Cavendish, presently and going forward we would not like to comment on the EBITDA margins, as the …So how do you see in December & March quarter other than the crude price correction, which is pushing up the margin now, the natural rubber price corr…And the second is that the replacement volume was much better than the OEMs in this quarter despite we have seen a contraction in the margin.Raw material basket is expected to remain rangebound as I said and it is expected to be inching up by 1 - 2% going ahead but the margins are going to …No, you see that the average raw material basket has remained flat on a Q-on-Q basis and we are expecting the basket to rise about 3% to 4% in Q1. So,…So that will also help in margin expansion.So, just want to understand what is the driving factor because EBITDA you said in the opening remarks that it was going good.
PeopleCould you please point out what is the capacity utilization across your TBR, passenger line radial, 2/3-wheelers and in the Mexico business, please?So, what is the capacity utilization of the Indian operation?And overall utilization as of now would be what close to 85%?And how is the capacity utilization looking like for us in terms of the key product segments including the recent expansion that we have undertaken?So, the capacity utilization has been at a level of 90% plus.Sir, you said the capacity utilization for FY '24 was at 86%, and we are going to grow at 8% to 10%, which takes us to a utilization of around 90%.—And this was done because we are running at almost full capacity utilization as we mentioned earlier.
PricingAnd in terms of price increases with OEMs, it usually happens with a lag so whatever OEM prices have increased, it doesn't reflect fully in the first …My second question relates to the pricing actions that we are seeing in the market and the competitive intensity that has been relatively high in cert…—And in the case of OEMs, also the indexation is there with the raw material price increase.So, within this how much have we got in terms of volume growth and how much have we got in terms of pricing growth by taking a price hike?This is including some amount of pricing growth as well.Are there any signs of aggressive pricing by peers?Okay and for the domestic India business, what was the price increase and were they taken in the 4th Quarter or it mainly came only from April’26 onwa…
Revenue growthBecause when you say 25% growth in volume, so I just want to understand whether you're referring it to broader industry growth or is it like growth fo…So, how do you see the revenue growth over there and what would be the key triggers of the revenue growth and EBITDA margin over there?In rupee terms, our revenue growth has been 26% on a QoQ basis and in terms of constant currency i.e. Mexican peso, growth has been 20% on a QoQ basis…Despite that, very strong revenue growth was not seen on quarter- on-quarter in last three, four quarters in terms of the Mexican Pesos.I want to understand what is the capacity utilization we are operating at and also if you can give some color on the mix of volume and pricing in the …No, on a year-on-year basis at consolidated level, we registered a growth of 3% wherein volume growth was 4%.So could you explain why Mexico was so weak, both in top line and margins for the fourth quarter?—