Durability score
70 /100
Valuation score
78.8 /100
Momentum score
44.8 /100
Market Capitalizati...
2,086.6 Cr.
AVG Broker Target
131
PE TTM Price to Ear...
7.0
JK Tyre & Industries Ltd.    
19 Feb 2019
92.00
-0.33%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research JK Tyres & Industries' (JKTIL) reported mixed set of results for Q3FY19. On a consolidated basis, revenue came in at | 2,731 crore (up 28.6% YoY). Gross Revenue from India increased by ~26.1% YoY to | 2,437 crore while revenue from Mexican operations grew by ~41.4% YoY to | 328 crore. According to the management, JKTIL witnessed higher sales volumes across categories, with Truck Bus Radial (TBR) segment volumes growing by 30% YoY in 9MFY19....
JK Tyre & Industries Ltd. has lost -35.51% in the last 1 Year
JK Tyre & Industries Ltd.    
18 Feb 2019
92.00
-0.33%
Prabhudas Lilladhar
JK Tyre Operating efficiencies partially negate impact of high RM costs and rupee depreciation JK Tyre reported Q3FY19 numbers. While topline beat our expectations, profit was...
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Number of FIIs/FPIs holding stock fell by 28 to 75 in Dec 2018 qtr.
JK Tyre & Industries Ltd.    
18 Feb 2019
92.00
-0.33%
Prabhudas Lilladhar
JK Tyre Operating efficiencies partially negate impact of high RM costs and rupee depreciation JK Tyre reported Q3FY19 numbers. While topline beat our expectations, profit was...
JK Tyre & Industries Ltd. is trading above it's 30 day SMA of 89.79
JK Tyre & Industries Ltd.    
15 Feb 2019
92.00
-0.33%
JK Tyre & Industries.. has an average target of 131.00 from 5 brokers.
JK Tyre & Industries Ltd.    
02 Nov 2018
92.00
-0.33%
Prabhudas Lilladhar
Raw material cost as a % of sales shot up from 59.9% in the previous quarter to 63.0% in the current quarter. ~55% of raw materials consumed are dependent on crude; hence the recent hike in crude prices has resulted into higher raw material costs and thus lower gross margins at 37.0%....
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Number of FIIs/FPIs holding stock fell by 28 to 75 in Dec 2018 qtr.
JK Tyre & Industries Ltd.    
01 Nov 2018
92.00
-0.33%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research On a consolidated basis, revenues were at | 2,494 crore (up 21.2% YoY), above our estimate of | 2,374 crore. Gross revenue from India increased ~19.3% YoY to | 2,202 crore (volume growth of ~14% & pricing growth of ~5%) while revenue from Mexico grew ~28% YoY to | 323 crore (volume & price grew 18% & 10%, respectively) EBITDA margin was at 10.5% (up 101 bps YoY but down 282 bps QoQ) vs. our estimate of 13%. On a QoQ basis, gross margin...
JK Tyre & Industries Ltd. has lost -35.51% in the last 1 Year
JK Tyre & Industries Ltd.    
20 Aug 2018
92.00
-0.33%
ICICI Securities Limited
ICICI Securities Ltd | Retail Equity Research On a consolidated basis, revenues were at | 2,440 crore (up 35% YoY), vs. our estimate of | 2,164 crore. Revenue from India (adjusting excise duty) increased ~36.4% YoY to | 2,137 crore (volume of standalone business grew 35% YoY to ~96,000 MT) while revenue from Mexican operation grew ~21% YoY to | 345 crore (with volume growth of 20% YoY to ~16,000 MT) The EBITDA margin came in at 13.3% (down 108 bps QoQ) vs. our...
JK Tyre & Industries.. has an average target of 131.00 from 5 brokers.
JK Tyre & Industries Ltd.    
20 Jul 2018
92.00
-0.33%
Prabhudas Lilladhar
JK Tyre (JKT) reported good numbers. Revenues grew 6.8% QoQ but jumped 35% YoY to Rs 24,395mn due to weak quarter year on account of GST led uncertainties). The revenue grew on back of higher volumes across segments, especially in Truck/bus radial (TBR), passenger car (PCR) and light truck radials as well as price increase of 2-3%. In spite of a increase in raw material prices, management has been able to pass it on in this quarter given buoyancy in demand as well as reduced pressure from Chinese TBR imports. EBITDA recorded a marginal decline of 1.2% to Rs 3,255m and margins fell 110 bps to 13.3% mainly due to higher operating expenses as a percentage of sales. Reported PAT...
JK Tyre & Industries Ltd. is trading above it's 30 day SMA of 89.79
JK Tyre & Industries Ltd.    
19 Jul 2018
92.00
-0.33%
Reliance Securities
JK Tyre & Industries (JKT) has reported a strong operating performance in 1QFY19 with its consolidated revenue growing by 35% YoY and 7% QoQ to Rs24.4bn vs. our estimate of Rs21.3bn. Robust YoY performance is attributable to lower base in 1QFY18 owing to GST-led uncertainties. Consolidated EBITDA margin expanded by 1,340bps YoY (-108bps QoQ) to 13.3% aided by lower input cost and operating leverage. Healthy traction in 4W & 2W segments coupled with radialisation boosted JKT's quarterly performance. Staff cost remained under control owing to manpower rationalisation in domestic and overseas operations. It reported EBIDTA of Rs3.25bn as against operating loss of Rs11mn in 1QFY18. While reported PAT came...
JK Tyre & Industries Ltd. has lost -35.51% in the last 1 Year
JK Tyre & Industries Ltd.    
18 Jul 2018
92.00
-0.33%
buy
Dolat Capital
Strong Quarter but too early to infer long term momentum JK Tyres (JKT) posted good set of growth numbers with a top line growth of 35% YoY. The growth was witnessed across segments, such as TBR, PC and light truck radials. 2/3-Wheeler space, which JKT entered through...
JK Tyre & Industries Ltd. is trading above it's 30 day SMA of 89.79