NSE: JKTYRE | BSE: 530007

Strong Performer, Under Radar

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326.80 15.10 (4.84%)

36.05% Fall from 52W High

1.6M NSE+BSE Volume

NSE 07 May, 2025 3:31 PM (IST)

8,955

Market Cap

High in industry

1.2

Beta 1Year

Very High Volatility

JK Tyre & Industries Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for JKTYRE, BSE:530007 JK Tyre & Industries Ltd.

JK Tyre & Industries Ltd.

05 Feb 2020

326.80

4.84%

JK Tyre & Industries

Hold: JK Tyre & Industries Ltd.

Target

ICICI Securities Limited

JK Tyre is a leveraged company with absolute debt at ~| 5,400 crore as of FY20E with resultant debt: equity at 2.2x. Going forward, with limited capex plans and operating leverage benefits under way, we expect JKTIL to retire debt with resultant debt: equity expected at 1.4x as of FY22E. However, we await improved financials amid prolonged slowdown in the domestic CV space. We maintain our HOLD rating on the stock with a target price of | 85...

Number of FII/FPI investors decreased from 176 to 170 in Mar 2025 qtr

JK Tyre & Industries Ltd.

04 Feb 2020

326.80

4.84%

JK Tyres - 3QFY20 Result Update

Buy: JK Tyre & Industries Ltd.

Target

Reliance Securities

JK Tyre (JKI) has delivered a muted operating performance in 3QFY20 with its consolidated EBIDTA margin contracting by 265bps QoQ (+139bps YoY) to 11.1%. Its consolidated revenue declined by 19%YoY (+2% QoQ) to Rs22bn (vs. our estimate of Rs22.97bn), while EBIDTA fell 8% YoY and 18% QoQ to Rs2.4bn (vs. our estimate of Rs2.9bn). However, EBIT margin of Maxico business contracted 1223bps YoY and 431bps QoQ to 0.7%. Reported PAT came in at Rs110mn, While adjusted PAT, excluding extraordinary gain, declined significantly by 73% YoY and 95% QoQ to Rs104mn, vs. our estimate of Rs552mn. Its volume increased in replacement segment supported by ramp-up in 2W/3W segment, while OEM sales declined in higher double-digit...

JK Tyre & Industries Ltd. is trading above its 100 day SMA of 321.3

JK Tyre & Industries Ltd.

06 Nov 2019, 12:00AM

326.80

4.84%

JK TYRE INDUSTRIES

Hold: JK Tyre & Industries Ltd.

Target

Geojit BNP Paribas

Pre-buying of BS-VI vehicles and radialisation of tyres could drive growth in the coming years. However, the near-term outlook remains challenging due to sluggish economic growth. We reiterate our HOLD...

JK Tyre & Industries.. has an average target of 447.00 from 3 brokers.

JK Tyre & Industries Ltd.

01 Nov 2019

326.80

4.84%

JK Tyres - 2QFY20 Result Update

JK Tyre & Industries Ltd.

Reliance Securities

JK Tyre & Industries Ltd. is trading above its 100 day SMA of 321.3

JK Tyre & Industries Ltd.

26 Aug 2019

326.80

4.84%

JK TYRE INDUSTRIES

Hold: JK Tyre & Industries Ltd.

Recommendation Target

Geojit BNP Paribas

While the radialisation of tyres and pre-buying of BS-VI vehicles should drive growth in coming years, near-term outlook remains challenging. We downgrade the rating of the stock to HOLD, with a revised target price of Rs. 60, based on 5.0x FY21E adj. EPS. Topline growth despite sluggish auto market JK Tyre posted Q1FY20 revenue of Rs. 2,575cr (+5.6% YoY; -4.8% QoQ). Despite weak demand in the Indian market, the company achieved a 5.7% YoY growth in domestic revenue, while revenue from Mexico declined 1.6% YoY to Rs.339cr. Sales from OEMs...

JK Tyre & Industries Ltd. is trading above its 100 day SMA of 321.3

JK Tyre & Industries Ltd.

05 Aug 2019

326.80

4.84%

JK Tyre & Industries

Hold: JK Tyre & Industries Ltd.

Recommendation Target

ICICI Securities Limited

Muted OEM demand to limit volume growth across segments! JKTIL is the market leader in the truck-bus radial (TBR) segment with ~30% market share. Overall CV segment forms 65-70% of the company's volume mix, with PV and others (2-W, 3-W, off road) forming the rest. We feel the CV space on the OEM side in particular is in the late stages of an up-cycle and is likely to remain a pain point amid upcoming transition to BS-VI norms. The overall OEM demand for tyre players (30% of JKTIL's channel mix) would remain subdued, going forward, given the challenging environment...

JK Tyre & Industries Ltd. is trading below its 150 day SMA of 344.8

JK Tyre & Industries Ltd.

17 May 2019

326.80

4.84%

JK Tyre & Industries

Buy: JK Tyre & Industries Ltd.

Recommendation Target

ICICI Securities Limited

Replacement demand, subsidiary ramp up to support! JKTIL's channel mix is at ~33% OEM, ~57% replacement and ~10% exports. CV demand constitutes ~70% of revenues with PV space forming ~20% and the rest accounted for by 2-W, 3-W, tractors and off road segments. The company is the market leader in the truck-bus radial (TBR) segment with >30% market share and post the Cavendish acquisition, its 2W, 3-W slate is ramping up well (40% YoY volume increase in 2-W, 3-W for FY19). For FY19, the company outgrew the industry despite OEM slowdown in H2FY19, with the management hopeful of a better show from Q2FY20E...

Number of FII/FPI investors decreased from 176 to 170 in Mar 2025 qtr

JK Tyre & Industries Ltd.

19 Feb 2019

326.80

4.84%

JK Tyre & Industries

Hold: JK Tyre & Industries Ltd.

Target

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....

Number of FII/FPI investors decreased from 176 to 170 in Mar 2025 qtr

JK Tyre & Industries Ltd.

18 Feb 2019

326.80

4.84%

Q3FY19 Result Update

Buy: JK Tyre & Industries Ltd.

Target

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...

Number of FII/FPI investors decreased from 176 to 170 in Mar 2025 qtr

JK Tyre & Industries Ltd.

18 Feb 2019

326.80

4.84%

Q3FY19 Result Update

Buy: JK Tyre & Industries Ltd.

Target

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. has gained 17.36% in the last 1 Month

Is JK Tyre & Industries Ltd. worth buying?

460 Votes:

Buy 74.78%

Sell 12.17%

Hold 13.04%

RESEARCH REPORTS

Hold SEE REPORTS >

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