JK Tyre & Industries Ltd.

₹135.3

-1.85 (-1.35%)

Auto Tyres & Rubber Products

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JK Tyre & Industries Ltd Key Statistics

P/E Ratio

14
PEG Ratio

0
Market Cap Cr

3331.5
Price to Book Ratio

97.4
EPS

9.8
Dividend

100
Relative Strength Index

43.6
Money Flow Index

43.42
MACD Signal

-4.01
Average True Range

4.98

Investment Ratings

Master Rating:
J K Tyre & Inds. has an operating revenue of Rs. 11,291.66 Cr. on a trailing 12-month basis. An annual revenue growth of 4% is not great, Pre-tax margin of 6% is okay, ROE of 11% is good. The company has a high debt to equity of 107%, which can be a reason to worry. The stock from a technical standpoint is trading below to its 50DMA and close to its 200DMA. It needs to take out the 50DMA levels and stay above it to make any further meaningful move. It has recently broken out of a base in its weekly chart but failed to keep its momentum and is trading around -17% from the pivot point. From an O'Neil Methodology perspective, the stock has an EPS Rank of 75 which is a FAIR score but needs to improve its earnings, a RS Rating of 37 which is POOR indicating the underperformance as compared to other stocks, Buyer Demand at B- which is evident from recent demand for the stock, Group Rank of 155 indicates it belongs to a poor industry group of Auto/Truck-Tires & Misc and a Master Score of B is close to being the best. Institutional holding has gone up in the last reported quarter is a positive sign. Overall, the stock has mediocre earnings and technical strength, there are superior stocks in the current market environment.

EPS Strength

Price Strength

Buyer Demand

Group Rank

As per analysts rating in the last 6 months, the recommendation isHOLD JK Tyre & Indust

JK Tyre & Industries Ltd Forecast

Price Estimates

2,000(9.8%)

1,758(-3.5%)

1,590(-12.7%)

Ratings

Eps And Sales Estimates

Sales(Cr) EPS

JK Tyre & Industries Ltd Synopsis

NSE-Auto/Truck-Tires & Misc

Jk Tyre & Industries is involved in the business activities of Manufacture of rubber tyres and tubes for motor vehicles, motorcycles, scooters, three-wheelers, tractors and aircraft. Company’s Total Operating Revenue is Rs. 6134.52 Cr. and Equity Capital is Rs. 49.25 Cr. for the Year ended 31/03/2021. JK Tyre & Industries Ltd. is a Public Limited Listed company incorporated on 14/02/1951 and has its registered office in the State of Rajasthan, India. Company’s Corporate Identification Number(CIN) is L67120RJ1951PLC045966 and registration number is 045966.

Market Cap

INR 3,390.60 Cr
Sales

INR 7,612.75 Cr
Shares in Float

10.83 Cr
No of Funds

100 K

Yield

1.46%
Book Value

1.41
U/D Vol Ratio

1.2

LTDebt/Equity

50%
Alpha

0.11
Beta

1.2

JK Tyre & Industries Ltd Ownership

Owner Name	Jun-21	Mar-21	Dec-20
Promoters	56.23%	56.23%	56.23%
Mutual Funds	0.03%	0.03%	0.02%
Insurance Companies	1.22%	1.22%	2.27%
Foreign Portfolio Investors	6.28%	3.32%	2.99%
Financial Institutions/ Banks	0.01%	0.01%	0.01%
Individual Investors	26.68%	28.53%	27.65%
Others	9.55%	10.66%	10.83%

JK Tyre & Industries Ltd Management

Name	Designation
Dr. Raghupati Singhania	Chairman & Managing Director
Mr. Bharat Hari Singhania	Managing Director
Mr. Anshuman Singhania	Managing Director
Mr. Arun K Bajoria	President & Director
Mr. Vimal Bhandari	Director
Mr. Bakul Jain	Director
Dr. Wolfgang Holzbach	Director
Mr. Kalpataru Tripathy	Director
Mr. Arvind Singh Mewar	Director
Mrs. Sunanda Singhania	Director
Mr. Shreekant Somany	Director
Mrs. Meera Shankar	Director

JK Tyre & Industries Ltd Financials

Standalone Consolidated

Quarterly P&L
Annual P&L
Cash Flow
Balance Sheet
Ratios

INDICATOR	Sep 2021	Jun 2021	Mar 2021	Dec 2020	Sep 2020
Oper Rev Qtr Cr	2019.16	1726.13	2022.82	1844.64	1473.03
Operating Expenses Qtr Cr	1826.69	1545.65	1721.34	1538.42	1254.07
Operating Profit Qtr Cr	192.47	180.48	301.48	306.22	218.96
Depreciation Qtr Cr	60.99	60.71	60.31	61.77	61.51
Interest Qtr Cr	58.22	57.93	56.79	55.58	74.44
Tax Qtr Cr	29.58	23.98	73.02	70.85	33.37
Net Profit Qtr Cr	54.39	44.59	137.18	125.29	68.67

INDICATOR	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Total Revenue Annual Cr	6170.12	6120.23	7689.67	6485.8	6038.78
Operating Expenses Annual Cr	5283.51	5442.6	6882.15	5966.01	5233.16
Operating Profit Annual in Cr	851.01	650.05	731.2	487.34	745.96
Depreciation Cr	245.99	242.39	188.36	175.13	183.58
Interest Annual Cr	266.27	342.92	316.28	274.12	267.58
Tax Annual Cr	139.11	-143.49	100.28	20.76	127.57
Net Profit Annual Cr	256.45	228.66	204.4	43.09	332.13

INDICATOR	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Cash from Operating Activity Annual Cr	1252.52	782.65	261.69	495.15	163.87
Cash from Investing Activity Annual Cr	-19.72	-250.62	130.49	-254.98	-663.09
Cash from Financing Annual Activity Cr	-1212.59	-586.97	-376.14	-236.08	499.75
Net Cash Flow Annual Cr	20.21	-54.94	16.04	4.09	0.53

INDICATOR	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Total ShareHolders Funds Annual Cr	2398.39	2162.5	1995.12	1644.29	1673.95
Fixed Assets Annual Cr	3406.17	3559.84	3404.12	3661.23	3435.76
Total Non Current Assets Annual Cr	4287.78	4463.23	4164.75	4376.59	4059.28
Total Current Assets Annual Cr	2968.43	3025.26	3240.63	2801.82	3000.45
Total Assets Annual Cr	7256.21	7488.49	7405.38	7178.41	7059.73

INDICATOR	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Book Value Per Share Annual Rs	97.3964	87.8172	81.0364	72.4994	73.8072
ROE Annual %	10.69	10.57	10.24	2.62	19.84
ROCE Annual %	14.24	9.88	14.4	9.05	15.55
Total Debt to Total Equity Annual	-	-	-	-	-
EBDIT Annual Margin %	14.45	11.12	10.6	8.05	13.47

Quarterly P&L
Annual P&L
Cash Flow
Balance Sheet
Ratios

INDICATOR	Sep 2021	Jun 2021	Mar 2021	Dec 2020	Sep 2020
Oper Rev Qtr Cr	2986.66	2608.44	2927.28	2769.28	2274.84
Operating Expenses Qtr Cr	2694.25	2328.94	2472.61	2268.89	1919.8
Operating Profit Qtr Cr	292.41	279.5	454.67	500.39	355.04
Depreciation Qtr Cr	97.14	96.22	95.66	97.81	96.52
Interest Qtr Cr	106.39	107.94	105.31	106.51	123.48
Tax Qtr Cr	37.59	30.76	84.54	112.31	58.49
Net Profit Qtr Cr	66.56	46.32	189.12	224.09	104.98

INDICATOR	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Total Revenue Annual Cr	9145.27	8753.29	10452.01	8418.22	7754.8
Operating Expenses Annual Cr	7795.86	7737.34	9255.85	7535.04	6556.96
Operating Profit Annual in Cr	1306.34	985.36	1114.09	737.06	1132.41
Depreciation Cr	386.69	377.83	315.67	299.45	291.32
Interest Annual Cr	465.85	548.99	521.08	465.5	440.36
Tax Annual Cr	200.91	-165.78	94.17	43.89	155.42
Net Profit Annual Cr	319.34	150.76	176.34	66.04	375.4

INDICATOR	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Cash from Operating Activity Annual Cr	1598.44	1237.35	0	637.43	105.69
Cash from Investing Activity Annual Cr	-137.92	-317.6	0	-394.47	-835.27
Cash from Financing Annual Activity Cr	-1440.76	-962.57	0	-408.59	829.95
Net Cash Flow Annual Cr	19.76	-42.82	0	-165.63	100.37

INDICATOR	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Total ShareHolders Funds Annual Cr	2672.74	2331.34	2284.4	1961.1	1964.78
Fixed Assets Annual Cr	6541.5	6665.97	6497.37	6450.94	6119.96
Total Non Current Assets Annual Cr	6894.69	7084.92	6870.63	6793.02	6377.35
Total Current Assets Annual Cr	4092	4205.25	4445.78	3774.44	4057.84
Total Assets Annual Cr	10986.69	11290.17	11316.41	10567.46	10435.19

INDICATOR	Mar 2021	Mar 2020	Mar 2019	Mar 2018	Mar 2017
Book Value Per Share Annual Rs	112.854	98.5398	98.3196	92.7296	93.0242
ROE Annual %	11.94	6.46	7.71	3.36	19.1
ROCE Annual %	14.12	9.73	13.18	9.57	13.8
Total Debt to Total Equity Annual	-	-	-	-	-
EBDIT Annual Margin %	14.82	11.64	11.53	10.67	15.57

JK Tyre & Industries Ltd Technicals

EMA & SMA

CURRENT PRICE

135.3 (-1.35)

- Bullish Moving Averages 3
- Bearish Moving Averages 13

EMA

EMA SMA

20 Day

137.97
50 Day

143.11
100 Day

143.13
200 Day

136.68

JK Tyre & Industries Ltd Resistance and support

136.82 PIVOT

First Resistance

138.04
Second Resistance

138.92
Third Resistance

140.14

First Support

135.94
Second Support

134.72
Third Support

133.84

RSI

43.6
MFI

43.42

MACD

-3.59
MACD signal line

-4.01

JK Tyre & Industries Ltd Delivery and Volume

Period	NSE + BSE Volume Avg	NSE + BSE Delivery Volume Avg	NSE + BSE Delivery Volume %
Day	664,113	20,560,938	30.96%
Week	813,915	25,426,717	31.24%
1 Month	989,593	38,267,557	38.67%
6 Month	2,378,158	73,461,299	30.89%

JK Tyre & Industries Ltd Price change analysis

-11.95

Over 1 month

Low High

126.55 148.45

-22.05

Over 3 month

Low High

126.55 171.7

1.4

Over 6 months

Low High

126.55 171.7

54.05

Over Year

Low High

66.25 171.7

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News

JK TYRE & INDUSTRIES LTD. - 530007 - Announcement under Regu

Intimation of Schedule of Investor Conference Read More

JK Tyre to launch 'eco range of products' for domestic, expo

As part of the exercise, JK Tyre said it will strengthen market position across segments through focus on increasing volumes across all prod Read More

JK TYRE & INDUSTRIES LTD. - 530007 - Announcement under Regu

Newspaper Publication- Highlights of Q2 Financial Results for FY 2021-22. Read More

JK TYRE & INDUSTRIES LTD. - 530007 - Announcement under Regu

Earnings Presentation- Q2 FY 2022. Read More