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    JK Tyre & Industries Limited

    India's leading tyre maker with 11 plants in India & Mexico, 35Mn+ tyre capacity, sold in 100+ countries.

    Automobile and Auto Components
    Consumer Discretionary
    View JKTYRE earnings calls
    ₹401.3
    +1.41% from avg

    Overview

    Price

    ₹401.3

    Market Cap

    ₹11.5k Cr

    Sector

    Automobile and Auto Components

    Consumer Discretionary

    Rank

    3

    Performance

    Financials

    Income Statement

    Financial Trajectories

    11
    Quarterly

    Balance Sheet

    Balance Sheet

    ₹ Cr · Annual
    Line itemFY20FY21FY22FY23FY24FY25FY26FY26
    LiabilitiesEquity Capital4949494952555558
    Reserves2.3k2.6k2.8k3.3k4.4k4.9k5.2k6.0k
    Borrowings5.5k4.8k5.2k4.9k4.6k4.9k4.8k4.9k
    Other Liabilities3.3k3.5k4.1k4.1k4.9k4.5k5.0k5.0k
    Total Liabilities11.2k10.9k12.2k12.3k14.0k14.4k15.1k15.9k
    AssetsFixed Assets6.4k6.2k6.4k6.5k6.8k6.8k6.8k7.2k
    CWIP2842991061953674187831.1k
    Investments140147133144138123129121
    Other Assets4.4k4.3k5.5k5.5k6.7k7.1k7.4k7.5k
    Total Assets11.2k10.9k12.2k12.3k14.0k14.4k15.1k15.9k

    Cash Flow

    Cash Flow

    ₹ Cr · Annual
    Line itemFY19FY20FY21FY22FY23FY24FY25FY26
    ActivitiesCash from Operating7971.2k1.6k3461.2k1.6k7161.4k
    Cash from Investing-261-319-134-244-398-1.2k-463-611
    Cash from Financing-522-963-1.4k-96-747-413-237-783
    SummaryCapital Expenditure
    Free Cash Flow5399641.4k5482687012838
    FCF Margin

    Valuation

    Assumptions

    Current — JKTYRE
    Price
    ₹401
    EPS (TTM)
    ₹26.65
    PE (TTM)
    15.1
    Profit growth
    44.7%

    The Earnings Per Share over the last 12 months.

    %

    Your assumption of the company's expected yearly EPS growth (e.g., 6 for 6%).

    Pre-filled with the lower of median (15.4×) and current (15.1×) PE — the conservative anchor.

    %

    The annualized return you aim to achieve. We solve for the price that delivers it, then compare to today's price.

    Valuation

    Current price
    ₹401
    vs
    Fair value · 15% return
    ₹1,267
    216%Undervalued

    At 44.7% growth and a 15× exit, ₹401 only delivers your return if you pay ₹1,267. The price is currently baking in 18% growth.

    EPS grows 44.7%/yr for 5 years, then fades to 6% over 2, exits at 15×.

    YearGrowthEPS (₹)
    FY2744.7%38.56
    FY2844.7%55.80
    FY2944.7%80.74
    FY3044.7%116.83
    FY3144.7%169.06
    FY3225.4% ·fade211.92
    FY336.0% ·fade224.63

    Methodology: we discount normalized net profit as a proxy for owner earnings (an earnings-power approximation — not full free cash flow). Terminal growth is capped at 6% (≈ nominal GDP) regardless of the required return. This is an analytical tool, not investment advice.

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