JK Tyre & Industries Ltd

India Ratings and Research stated that the affirmation reflects JKTIL's strong market position in the truck and bus tyres segment, both bias as well as radial, and an improving product mix with a higher proportion of margin-accretive products in the overall revenue contribution. Furthermore, with an improved capacity utilisation across product categories and geographies, the company's revenue grew at CAGR of 11% over FY20-FY25. During FY25, the company's revenue and EBITDA levels plummeted amid a demand slowdown in the commercial vehicle (CV) segment as well as in its overseas entity while its EBITDA margins moderated on account of a significant rise in the raw material prices during the year. As a result, the company's net leverage elevated in FY25, and is likely to remain high in FY26 as well amid the large capex planned out in its Indian operations. However, with a likely improvement in the demand scenario, improved capacity utilisation and an anticipation of a stable raw material prices, would help to keep net leverage within Ind-Ra's rating trigger. The ratings also reflects JKTIL's diversified revenue base and improving brand presence across segments. JK Tyre & Industries (JKTIL) is a leading tyre manufacturer in India. JKTIL operates through nine plants in India and two in Mexico, with an installed capacity of 35 million tyres annually. The scrip fell 1.80% to currently trade at Rs 361 on the BSE today. Powered by Capital Market - Live

Tata Teleservices (Maharashtra) Ltd, Whirlpool of India Ltd, Go Digit General Insurance Ltd, Gland Pharma Ltd are among the other stocks to see a surge in volumes on NSE today, 21 May 2025.JK Tyre & Industries Ltd recorded volume of 166.25 lakh shares by 14:14 IST on NSE, a 18.67 times surge over two-week average daily volume of 8.90 lakh shares. The stock gained 12.91% to Rs.392.80. Volumes stood at 6.87 lakh shares in the last session.Tata Teleservices (Maharashtra) Ltd saw volume of 352.63 lakh shares by 14:14 IST on NSE, a 12.03 fold spurt over two-week average daily volume of 29.31 lakh shares. The stock increased 11.78% to Rs.65.09. Volumes stood at 27.89 lakh shares in the last session.Whirlpool of India Ltd clocked volume of 20.41 lakh shares by 14:14 IST on NSE, a 9.18 times surge over two-week average daily volume of 2.22 lakh shares. The stock lost 1.80% to Rs.1,272.20. Volumes stood at 3.02 lakh shares in the last session.Go Digit General Insurance Ltd saw volume of 43.94 lakh shares by 14:14 IST on NSE, a 8.35 fold spurt over two-week average daily volume of 5.27 lakh shares. The stock increased 7.75% to Rs.327.60. Volumes stood at 6.52 lakh shares in the last session.Gland Pharma Ltd witnessed volume of 8.25 lakh shares by 14:14 IST on NSE, a 6.86 times surge over two-week average daily volume of 1.20 lakh shares. The stock increased 3.88% to Rs.1,556.50. Volumes stood at 1.77 lakh shares in the last session.Powered by Capital Market - Live

On a Year on year (YoY) basis, the company's revenue increased 1.6% while net profit declined 42.7% in Q4 FY25. In Q4 FY25 profit before tax stood at Rs 143.94 crore, up 79.05% QoQ and down 42.8% YoY. EBITDA jumped 15% QoQ to Rs 384 crore in Q4 FY25. EBITDA margin expanded 110 bps to 10.2% in Q4 FY25 as against 9.1% in Q3 FY25. This growth was supported by higher volumes and enhanced operational efficiencies, despite elevated raw material costs. On full year basis the company's consolidated net profit declined 37% to Rs 495.04 crore on a 2.1% fall in revenue from operations to Rs 14,692.92 crore in FY25 over FY24. Raghupati Singhania, chairman & managing director (CMD) said, 'Despite a challenging and uncertain global economic landscape, JK Tyre delivered a promising performance in FY2025, gaining significant momentum in the fourth quarter. In the domestic market, JK Tyre recorded a healthy uptick in both replacement and OEM segments compared to the same quarter last year. This growth reflects not only the Company's robust brand equity and deep market reach but also the positive macroeconomic environment and growing automotive demand. Exports grew by 4% quarter-on-quarter, underscoring the Company's strong international presence and competitive product offerings. JK Tyre's subsidiary companies'Cavendish Industries (CIL) and JK Tornel, Mexico'continued to make strong contributions to the company's overall revenues and profitability, reinforcing JK Tyre's integrated global strategy and diversified footprint. The company's ongoing push toward premiumisation is yielding positive results. Premium products such as Levitas Ultra, Smart Tyre, Ranger Series, and Puncture Guard tyres in the passenger vehicle segment, along with the XF, XM, and XD series in the commercial segment, are witnessing increasing market preference, strengthening JK Tyre's position in the value-added product space. JK Tyre has displayed exceptional resilience and strategic clarity through FY2025. We are entering FY2026 with renewed confidence, backed by a robust demand outlook across all segments. The Government's accelerated focus on infrastructure, a strong pipeline of new vehicle launches, potential easing of interest rates, and an expected normal monsoon position us well for sustained growth.' Meanwhile, the company's board recommended a dividend of Rs 3 per equity share of Rs 2 each for financial year 2024-25. The said dividend, if declared by the members at the ensuing Annual General Meeting (AGM), is planned to be credited/dispatched within two weeks of the said meeting Further, the company's board also approved re-appointment of Anshuman Singhania as a managing director for a term of five consecutive years with effect from 21st October 2025, subject to requisite approval of the members of the company at the ensuing Annual General Meeting (AGM). JK Tyre & Industries is a leading player in the Indian tyre industry, offering comprehensive end-to-end solutions across multiple segments. The company manufactures tyres for passenger vehicles, commercial vehicles, farm equipment, off-the-road (OTR) applications, and two- and three-wheelers.Powered by Capital Market - Live

Net profit of JK Tyre & Industries declined 42.69% to Rs 97.04 crore in the quarter ended March 2025 as against Rs 169.33 crore during the previous quarter ended March 2024. Sales rose 1.63% to Rs 3758.60 crore in the quarter ended March 2025 as against Rs 3698.45 crore during the previous quarter ended March 2024. For the full year,net profit declined 37.04% to Rs 495.04 crore in the year ended March 2025 as against Rs 786.23 crore during the previous year ended March 2024. Sales declined 2.06% to Rs 14692.92 crore in the year ended March 2025 as against Rs 15001.78 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales3758.603698.45 2 14692.9215001.78 -2 OPM %9.6613.01 -10.8813.85 - PBDT263.65388.18 -32 1201.541675.02 -28 PBT146.71276.18 -47 745.051238.27 -40 NP97.04169.33 -43 495.04786.23 -37 Powered by Capital Market - Live

Net profit of JK Tyre & Industries declined 34.00% to Rs 96.55 crore in the quarter ended March 2025 as against Rs 146.29 crore during the previous quarter ended March 2024. Sales rose 2.20% to Rs 2673.70 crore in the quarter ended March 2025 as against Rs 2616.08 crore during the previous quarter ended March 2024. For the full year,net profit declined 34.79% to Rs 385.23 crore in the year ended March 2025 as against Rs 590.76 crore during the previous year ended March 2024. Sales declined 1.33% to Rs 10176.33 crore in the year ended March 2025 as against Rs 10313.27 crore during the previous year ended March 2024. ParticularsQuarter EndedYear EndedMar. 2025Mar. 2024% Var.Mar. 2025Mar. 2024% Var. Sales2673.702616.08 2 10176.3310313.27 -1 OPM %9.8512.72 -9.8913.20 - PBDT210.88286.97 -27 808.501155.67 -30 PBT140.75221.72 -37 539.97903.22 -40 NP96.55146.29 -34 385.23590.76 -35 Powered by Capital Market - Live

JK Tyre & Industries announced that the Board of Directors of the Company at its meeting held on 20 May 2025, inter alia, have recommended the final dividend of Rs 3 per equity Share (i.e. 150%) , subject to the approval of the shareholders.Powered by Capital Market - Live

JK Tyre & Industries will hold a meeting of the Board of Directors of the Company on 20 May 2025.Powered by Capital Market - Live

JK Tyre & Industries announced that CARE Ratings has assigned short term ratings of CARE A1 + to the proposed issue of Commercial Paper (carved out) for Rs.300 crore and has reaffirmed the rating of CARE AA-/CARE A1 + on Long Term/Short Term rating for bank facilities and instrument of the Company. Powered by Capital Market - Live

Net profit of JK Tyre & Industries declined 76.68% to Rs 51.52 crore in the quarter ended December 2024 as against Rs 220.92 crore during the previous quarter ended December 2023. Sales declined 0.38% to Rs 3673.68 crore in the quarter ended December 2024 as against Rs 3687.72 crore during the previous quarter ended December 2023. ParticularsQuarter EndedDec. 2024Dec. 2023% Var. Sales3673.683687.72 0 OPM %8.5514.92 - PBDT211.76455.92 -54 PBT97.94345.02 -72 NP51.52220.92 -77 Powered by Capital Market - Live

The Board of JK Tyre & Industries at its meeting held on 04 February 2025 has approved increase in thecCompany's stake in Treel Mobility Solutions (TREEL), an associate Company from 26% to 66% of the equity share capital of TREEL. Powered by Capital Market - Live