JK Tyre & Industries Limited Logo

JK Tyre & Industries Limited

JKTYRE.NS

(2.8)
Stock Price

422,20 INR

4.51% ROA

27.23% ROE

18.42x PER

Market Cap.

105.501.966.600,00 INR

118.01% DER

0.49% Yield

4.86% NPM

JK Tyre & Industries Limited Stock Analysis

JK Tyre & Industries Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

JK Tyre & Industries Limited Fundamental Stock Analysis
# Analysis Rating
1 ROE

ROE surpassing expectations (31.84%) highlights strong profitability and efficient use of shareholders' equity, making it an appealing investment prospect.

2 Revenue Growth

Over the past five years, this company's revenue has consistently increased, demonstrating a robust financial performance that makes it an appealing opportunity.

3 Dividend

Investors can take comfort in the company's unwavering commitment to dividends, as it has consistently distributed payouts over the past five years, ensuring a reliable income stream.

4 ROA

The stock's ROA (4.51%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

5 PBV

The stock's PBV ratio (2.4x) indicates a justifiable valuation, presenting a compelling choice for investors seeking reasonable returns.

6 Net Profit Growth

The net profit of this company has shown steady growth over the past three years, highlighting its positive financial trajectory and making it an appealing choice for potential investors.

7 Assets Growth

Company's revenue has experienced consistent growth over the last three years, indicating a favorable financial trajectory and making it an attractive investment choice.

8 Buffet Intrinsic Value

The company's stock seems undervalued (17.118) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

9 DER

The company has a high debt to equity ratio (118%), which means it owes a lot of money compared to what it actually owns, making it financially risky.

10 Graham Number

The Graham number of this company suggests that its stock price may be overvalued, indicating a less favorable investment opportunity.

11 Dividend Growth

The company's dividend growth has shown no improvement in the past three years, making it a less attractive investment option for those seeking increasing returns.

JK Tyre & Industries Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

JK Tyre & Industries Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Sell
2 MACD Sell
3 RSI Hold
4 Stoch RSI Sell

JK Tyre & Industries Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

JK Tyre & Industries Limited Revenue
Year Revenue Growth
2005 20.790.800.000
2006 0 0%
2007 28.161.600.000 100%
2008 55.227.000.000 49.01%
2009 45.705.800.000 -20.83%
2010 59.454.400.000 23.12%
2011 69.471.000.000 14.42%
2012 69.832.500.000 0.52%
2013 76.488.500.000 8.7%
2014 73.756.900.000 -3.7%
2015 69.526.600.000 -6.08%
2016 75.382.900.000 7.77%
2017 82.668.200.000 8.81%
2018 103.697.700.000 20.28%
2019 86.377.800.000 -20.05%
2020 91.022.000.000 5.1%
2021 118.529.000.000 23.21%
2022 146.449.400.000 19.06%
2023 155.901.200.000 6.06%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

JK Tyre & Industries Limited Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

JK Tyre & Industries Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 832.400.000
2006 0 0%
2007 920.000.000 100%
2008 1.611.600.000 42.91%
2009 1.193.800.000 -35%
2010 1.410.200.000 15.35%
2011 1.518.200.000 7.11%
2012 91.100.000 -1566.52%
2013 125.100.000 27.18%
2014 125.200.000 0.08%
2015 169.500.000 26.14%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 1.018.400.000 100%
2021 1.065.000.000 4.38%
2022 1.146.200.000 7.08%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

JK Tyre & Industries Limited EBITDA
Year EBITDA Growth
2005 1.501.900.000
2006 0 0%
2007 2.651.600.000 100%
2008 2.728.600.000 2.82%
2009 5.168.500.000 47.21%
2010 3.229.100.000 -60.06%
2011 3.762.000.000 14.17%
2012 6.393.300.000 41.16%
2013 8.546.100.000 25.19%
2014 8.976.400.000 4.79%
2015 11.077.400.000 18.97%
2016 11.119.900.000 0.38%
2017 7.609.800.000 -46.13%
2018 10.538.500.000 27.79%
2019 9.052.000.000 -16.42%
2020 13.808.200.000 34.44%
2021 11.026.000.000 -25.23%
2022 13.343.300.000 17.37%
2023 23.876.800.000 44.12%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

JK Tyre & Industries Limited Gross Profit
Year Gross Profit Growth
2005 4.901.000.000
2006 0 0%
2007 7.067.500.000 100%
2008 11.472.400.000 38.4%
2009 13.779.800.000 16.74%
2010 12.808.600.000 -7.58%
2011 14.126.100.000 9.33%
2012 20.821.400.000 32.16%
2013 26.622.800.000 21.79%
2014 27.164.100.000 1.99%
2015 30.004.300.000 9.47%
2016 30.911.000.000 2.93%
2017 29.025.400.000 -6.5%
2018 35.434.300.000 18.09%
2019 31.799.900.000 -11.43%
2020 35.256.400.000 9.8%
2021 36.641.400.000 3.78%
2022 46.340.000.000 20.93%
2023 62.526.400.000 25.89%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

JK Tyre & Industries Limited Net Profit
Year Net Profit Growth
2005 174.400.000
2006 0 0%
2007 666.900.000 100%
2008 -1.079.800.000 161.76%
2009 2.197.400.000 149.14%
2010 625.500.000 -251.3%
2011 -382.200.000 263.66%
2012 2.033.000.000 118.8%
2013 2.630.200.000 22.71%
2014 3.296.600.000 20.21%
2015 4.638.000.000 28.92%
2016 3.754.000.000 -23.55%
2017 660.400.000 -468.44%
2018 1.763.400.000 62.55%
2019 1.507.600.000 -16.97%
2020 3.193.400.000 52.79%
2021 2.100.200.000 -52.05%
2022 2.624.800.000 19.99%
2023 9.684.400.000 72.9%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

JK Tyre & Industries Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 1
2006 0 0%
2007 4 100%
2008 -6 166.67%
2009 11 160%
2010 3 -233.33%
2011 -2 400%
2012 10 111.11%
2013 13 25%
2014 16 20%
2015 21 25%
2016 17 -25%
2017 3 -700%
2018 8 71.43%
2019 6 -16.67%
2020 13 50%
2021 9 -50%
2022 11 20%
2023 37 72.97%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

JK Tyre & Industries Limited Free Cashflow
Year Free Cashflow Growth
2005 -169.400.000
2006 -686.500.000 75.32%
2007 1.180.200.000 158.17%
2008 -552.300.000 313.69%
2009 3.836.900.000 114.39%
2010 -2.898.800.000 232.36%
2011 -2.630.800.000 -10.19%
2012 -2.566.300.000 -2.51%
2013 3.801.900.000 167.5%
2014 -760.800.000 599.72%
2015 3.442.300.000 122.1%
2016 -1.752.500.000 296.42%
2017 -1.073.300.000 -63.28%
2018 2.323.900.000 146.19%
2019 10.718.700.000 78.32%
2020 14.053.500.000 23.73%
2021 318.400.000 -4313.79%
2022 7.610.100.000 95.82%
2023 0 0%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

JK Tyre & Industries Limited Operating Cashflow
Year Operating Cashflow Growth
2005 855.600.000
2006 455.700.000 -87.76%
2007 1.949.500.000 76.62%
2008 2.968.400.000 34.32%
2009 5.649.600.000 47.46%
2010 75.100.000 -7422.77%
2011 3.608.100.000 97.92%
2012 -154.700.000 2432.32%
2013 6.548.100.000 102.36%
2014 7.341.500.000 10.81%
2015 9.030.000.000 18.7%
2016 1.056.900.000 -754.39%
2017 6.374.300.000 83.42%
2018 7.968.100.000 20%
2019 13.456.600.000 40.79%
2020 15.984.400.000 15.81%
2021 3.460.500.000 -361.91%
2022 12.241.900.000 71.73%
2023 0 0%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

JK Tyre & Industries Limited Capital Expenditure
Year Capital Expenditure Growth
2005 1.025.000.000
2006 1.142.200.000 10.26%
2007 769.300.000 -48.47%
2008 3.520.700.000 78.15%
2009 1.812.700.000 -94.22%
2010 2.973.900.000 39.05%
2011 6.238.900.000 52.33%
2012 2.411.600.000 -158.7%
2013 2.746.200.000 12.18%
2014 8.102.300.000 66.11%
2015 5.587.700.000 -45%
2016 2.809.400.000 -98.89%
2017 7.447.600.000 62.28%
2018 5.644.200.000 -31.95%
2019 2.737.900.000 -106.15%
2020 1.930.900.000 -41.79%
2021 3.142.100.000 38.55%
2022 4.631.800.000 32.16%
2023 0 0%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

JK Tyre & Industries Limited Equity
Year Equity Growth
2005 8.137.300.000
2006 5.993.600.000 -35.77%
2007 5.440.500.000 -10.17%
2008 6.916.400.000 21.34%
2009 8.499.600.000 18.63%
2010 8.583.400.000 0.98%
2011 7.553.200.000 -13.64%
2012 9.064.500.000 16.67%
2013 10.971.200.000 17.38%
2014 14.010.000.000 21.69%
2015 17.484.800.000 19.87%
2016 19.647.800.000 11.01%
2017 19.611.000.000 -0.19%
2018 24.206.300.000 18.98%
2019 24.260.600.000 0.22%
2020 27.790.300.000 12.7%
2021 29.474.700.000 5.71%
2022 34.958.800.000 15.69%
2023 38.747.100.000 9.78%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

JK Tyre & Industries Limited Assets
Year Assets Growth
2005 23.461.400.000
2006 23.401.300.000 -0.26%
2007 24.003.200.000 2.51%
2008 33.172.200.000 27.64%
2009 35.529.700.000 6.64%
2010 43.046.800.000 17.46%
2011 51.405.000.000 16.26%
2012 55.625.500.000 7.59%
2013 60.426.100.000 7.94%
2014 69.038.200.000 12.47%
2015 73.445.600.000 6%
2016 106.645.900.000 31.13%
2017 105.674.600.000 -0.92%
2018 113.164.100.000 6.62%
2019 112.901.700.000 -0.23%
2020 109.866.900.000 -2.76%
2021 122.476.500.000 10.3%
2022 124.485.600.000 1.61%
2023 128.868.900.000 3.4%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

JK Tyre & Industries Limited Liabilities
Year Liabilities Growth
2005 15.324.100.000
2006 17.407.700.000 11.97%
2007 18.562.700.000 6.22%
2008 26.255.800.000 29.3%
2009 27.030.100.000 2.86%
2010 34.463.400.000 21.57%
2011 43.851.800.000 21.41%
2012 46.561.000.000 5.82%
2013 49.454.900.000 5.85%
2014 55.028.200.000 10.13%
2015 55.960.800.000 1.67%
2016 85.548.000.000 34.59%
2017 84.643.500.000 -1.07%
2018 88.957.800.000 4.85%
2019 88.641.100.000 -0.36%
2020 82.076.600.000 -8%
2021 93.001.800.000 11.75%
2022 89.526.800.000 -3.88%
2023 90.121.800.000 0.66%

JK Tyre & Industries Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
572.69
Net Income per Share
21.96
Price to Earning Ratio
18.42x
Price To Sales Ratio
0.71x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
2.79
EV to Sales
1
EV Over EBITDA
8.24
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.05
FreeCashFlow Yield
0
Market Cap
105,50 Bil.
Enterprise Value
148,41 Bil.
Graham Number
267.73
Graham NetNet
-213.84

Income Statement Metrics

Net Income per Share
21.96
Income Quality
0
ROE
0.32
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.64
EBT Per Ebit
0.59
Ebit per Revenue
0.13
Effective Tax Rate
0.34

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.38
Operating Profit Margin
0.13
Pretax Profit Margin
0.08
Net Profit Margin
0.05

Dividends

Dividend Yield
0
Dividend Yield %
0.49
Payout Ratio
0
Dividend Per Share
2

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.13
Return on Tangible Assets
0.05
Days Sales Outstanding
65.58
Days Payables Outstanding
79.17
Days of Inventory on Hand
80.25
Receivables Turnover
5.57
Payables Turnover
4.61
Inventory Turnover
4.55
Capex per Share
0

Balance Sheet

Cash per Share
16,16
Book Value per Share
145,04
Tangible Book Value per Share
139.35
Shareholders Equity per Share
145.04
Interest Debt per Share
189.56
Debt to Equity
1.18
Debt to Assets
0.34
Net Debt to EBITDA
2.38
Current Ratio
1.07
Tangible Asset Value
36,16 Bil.
Net Current Asset Value
-33,81 Bil.
Invested Capital
1.18
Working Capital
3,92 Bil.
Intangibles to Total Assets
0.02
Average Receivables
13,35 Bil.
Average Payables
10,27 Bil.
Average Inventory
10411700000
Debt to Market Cap
0.42

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

JK Tyre & Industries Limited Dividends
Year Dividends Growth
2008 3
2009 3 0%
2010 4 33.33%
2011 3 0%
2012 3 -50%
2013 4 33.33%
2014 5 40%
2015 2 -400%
2016 3 50%
2017 3 0%
2018 2 -100%
2019 2 0%
2020 1 0%
2021 2 100%
2022 2 -100%
2023 2 50%

JK Tyre & Industries Limited Profile

About JK Tyre & Industries Limited

JK Tyre & Industries Limited develops, manufactures, markets, and distributes automotive tyres, tubes, and flaps in India, Mexico, and internationally. The company offers truck/bus bias and radial, light and small commercial vehicle, farm, passenger car radial, off the road and industrial, military/defense, specialty, two- and three-wheeler, motorcycle and scooter, and racing car tyres, as well as retreads. It also operates tyre care centers that are involved in the repair, inflation pressure check, wheel alignment and balancing, rotation, and servicing of tyres.JK Tyre & Industries Limited provides its products under JK Tyre, Vikrant, and Tornel brands. The company markets its products and services through a network of approximately 600 Steel Wheels, Xpress Wheels, Truck Wheels, and Retread centers, as well as approximately 650 brand shops. JK Tyre & Industries Limited was incorporated in 1951 and is headquartered in New Delhi, India.

CEO
Dr. Raghupati Singhania B.Sc.
Employee
5.827
Address
Patriot House 3
New Delhi, 110 002

JK Tyre & Industries Limited Executives & BODs

JK Tyre & Industries Limited Executives & BODs
# Name Age
1 Mr. Sanjay Sharma
Head of Corporate Communications and Motor Sport
70
2 Mr. Arun Kumar Bajoria
President of International & Executive Director
70
3 Mr. Sanjiv Saxena
Senior Vice President of Corporate Accounts
70
4 Mr. Pawan Kumar Rustagi
Vice President of Legal, Company Secretary & Compliance Officer
70
5 Mr. Virendra Kumar Misra
Technical Director
70
6 Mr. Sanjeev Aggarwal
Chief Financial Officer
70
7 Dr. Raghupati Singhania B.Sc.
Chairman & MD
70
8 Mr. Anshuman Singhania
MD & Whole-Time Director
70
9 Mr. Srinivasu Allaphan
Director of Sales & Marketing
70
10 Mr. Bharat Aggarwal
Head of International Trade
70

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