JK Tyre & Industries

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• DebtHigh safetyRated AA- by 2 agencies.
• ResultsProfit fallingIn the Sep 2026 quarter, sales rose 21% and profit fell 71% from a year earlier.
• DilutionNo new sharesNo new shares issued in the last year, so existing shareholders' slices were not cut.
• PromotersPromoters buyingThe promoters (founders or parent) own 52%, up from 51% in Sep 2025.
• ValuationNormal for this stockThe share trades at 15.7 times its yearly earnings (P/E), pricier than 51% of the time in the last 5 years. Its usual P/E is about 8.

JK Tyre & Industries against the typical company in its industry. The rank is out of the companies that report each figure; green means the better quarter of the pack, red the worse quarter.

• Valuation (P/E)15.7 against a typical 21.4: cheaper than most peers (1st = cheapest).6th of 20
• Sales growth+20.7% against a typical +21.4% from a year earlier.9th of 16
• Profit growth−71.4% against a typical −12.9% from a year earlier.12th of 15
• Share price, 3 months−24.1% against a typical −7.3%.19th of 20
• Size₹ 8,956.4 Cr. market value against a typical ₹ 270.9 Cr. (1st = largest).5th of 20

Exchange filings and their impact on the company.

• 23 Oct 2026General UpdatesLow impactNeutralPrice −2.8% on 26 Oct
  JK Tyre to set up Rs 1.05 cr Dubai trading subsidiary; immaterial for near-term financials.

  JK Tyre's board on 23 October 2026 approved investment of up to AED 400,000, about Rs 1.05 crore, to set up a wholly owned subsidiary in Dubai, UAE. The new company, to be called JK Global Trading FZ Co., will trade in automotive tyres, tubes, flaps and related products. The outlay is very small compared to JK Tyre's size, so it is not expected to move sales or profits in the next year, but it creates a base for Middle East trading.

  Full analysisFiling
• 23 Oct 2026Outcome of Board MeetingHigh impactNegativePrice −2.8% on 26 Oct
  Record Q2 revenue up 21% YoY but PAT down ~70% on margin and cost pressure.

  JK Tyre reported its highest-ever quarterly revenue of Rs 4,841 crore in Q2FY27, up 21% year-on-year, led by 32% growth in domestic sales and 65% growth in OE volumes after GST 2.0. Consolidated EBITDA was Rs 343 crore, up 28% sequentially but with margin at about 7.1% hit by high input costs and freight rates, while profit before tax fell to Rs 94 crore from Rs 304 crore a year ago. Mexico subsidiary Tornel rebounded to Rs 479 crore revenue. Management said demand traction remains healthy and it is focused on profitable growth.

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• 13 Oct 2026Pendency of Litigation(s)/dispute(s) or the outcome impacting the CompanyLow impactNegativePrice −0.1% on 14 Oct
  Rs 94.9 cr GST show-cause notice is small vs sales but equals ~12% of annual profit if upheld.

  JK Tyre received a GST show cause notice uploaded on 29 September 2026 from the Chennai Large Taxpayers Unit for FY2022-23. The notice raises a demand of Rs 94.86 crore, comprising Rs 55.12 crore tax, Rs 34.23 crore interest and Rs 5.51 crore penalty, alleging wrong classification, excess and ineligible input tax credit, GSTR mismatches and deemed supplies. The company says there are no actual discrepancies, the position is defensible, and it will file a reply; the final impact will be known only after adjudication.

  Full analysisFiling

Results dates and other board meetings. Full calendar

Compounded yearly rates over each period.

Listed companies in the same business.

Raghupati Singhania

Executive Chairman of the Board, Managing Director

Sanjeev Aggarwal

Chief Financial Officer

Kamal Kumar Manik

Compliance Officer, Company Secretary

Anshuman Singhania

Managing Director, Executive Director

Arun Kumar Bajoria

Executive Director, President - International Operations