JK Tyre & Industries Limited

JK Tyre & Industries Ltd announced that CARE Ratings Limited (CARE) has reaffirmed the rating of CARE AA- /CARE A1+ on the Long Term/Short Term rating for bank facilities and instruments of the company. Specifically, CARE reaffirmed CARE AA-; Stable for Long Term Bank Facilities, CARE AA-; Stable/ CARE A1 + for Long Term / Short Term Bank Facilities, and CARE A1+ for Short Term Bank Facilities, as well as CARE A1+ for Commercial Paper (a carved-out Long Term / Short Term instrument). The rating reaffirmation reflects the company’s established position in the domestic tyre industry and healthy operational and financial profile, with PBILDT margins expected to remain within 10.0%-11.0% for FY27, despite a moderation to 6.5% in Q1 FY27.

JK Tyre & Industries Ltd share price softened by 0.54% to Rs 413.25 after the company's net profit plunged by 77.25% to Rs 42.71 crore, while revenue from operations eased by 6.56% to Rs 3946.24 crore in Q2FY26 over Q1FY26. The market capitalization of Tyres & Rubber Products industry group stocks on BSE stood at Rs 1.57 lakh crore, easing 1.55%. It has improved by 1.65% over last one week and ticked higher by 5.84% in last one month while the market capitalization of JK Tyre & Industries Ltd has inched up 3.45% and 1.76% in the same period respectively. Profit before tax (PBT) of JK Tyre & Industries Ltd stood at Rs 53.76 crore in Q2 FY26, nosediving by 74.16% year-on-year, and tumbling by 80.56% quarter-on-quarter. EBITDA came in at Rs 249 crore, tanking 34.61% YoY and crashing by 52.85% sequentially. Total expenses saw a slight increase of 0.12% to Rs 3813.67 crore in Q2FY26 over Q2FY25. During the quarter, cost of materials consumed stood at Rs 3036.51 crore, advancing by 19.48% YoY, while employee benefits expense was at Rs 317.14 crore, tanking by 22.84% YoY. For the TTM ended FY26, revenue from operations improved 11.12% to Rs 16326.65 crore, while net profit jumped 50.10% to Rs 774.19 crore, compared to previous TTM. EBITDA soared by 153398% to Rs 1973.74 crore, and PBT soared 46.16% to Rs 1042.74 crore compared to previous TTM. The company's consolidated net cash flow from operating activities stood at Rs 1443.84 crore in FY26, as against Rs 715.77 crore in FY25. JK Tyre & Industries Ltd surged by 28.52% in last one year, significantly outperforming the benchmark BSE Sensex which has slipped by 1.97% during the same period.

JK Tyre & Industries announced that the Annual General Meeting(AGM) of the company will be held on 6 August 2026.

JK Tyre & Industries has fixed 30 July 2026 as record date for purpose of dividend of Rs 4 per equity share of Rs 2 each for FY 2026.

The tyre maker posted a consolidated net profit of Rs 177.99 crore in Q4 FY26, marking an 80.18% jump from Rs 98.78 crore recorded in the corresponding quarter last year. Revenue from operations rose 12.36% YoY to Rs 4,223.44 crore in the quarter ended 31 March 2026. Profit before exceptional items and tax surged 120.28% to Rs 323.18 crore in the March 2026 quarter from Rs 146.71 crore a year earlier. The company, however, reported an exceptional loss of Rs 46.67 crore during the period. The company's EBITDA rose 42% year-on-year to Rs 546 crore in Q4 FY26, supported by higher sales volumes, an improved product mix, and continued cost optimisation measures. Commenting on the performance, Dr Raghupati Singhania said FY26 was a landmark year for the company, with record volumes across segments, highest-ever annual consolidated revenue of Rs 16,384 crore, and EBITDA of Rs 2,089 crore, reflecting a 25% increase over the previous year. He added that the company achieved healthy double-digit revenue growth driven by strong demand, aided by GST and personal tax reforms, lower interest rates, improved economic activity, and festive season demand. further he stated that JK Tyre has strengthened its growth foundation through capacity expansion and a greater focus on value-added products for domestic and export markets, positioning the company for profitable growth in FY27 despite near-term input cost pressures and global volatility. JK Tyre & Industries develops, manufactures, markets, and distributes automotive tires, tubes, flaps, and retreads. The company sells its tires to vehicle manufacturers for fitment in original equipment and in replacement markets worldwide. Powered by Capital Market - Live

JK Tyre & Industries announced that the Board of Directors of the Company at its meeting held on 26 May 2026, inter alia, have recommended the final dividend of Rs 4 per equity Share (i.e. 200%) , subject to the approval of the shareholders.

Net profit of JK Tyre & Industries rose 83.42% to Rs 177.99 crore in the quarter ended March 2026 as against Rs 97.04 crore during the previous quarter ended March 2025. Sales rose 12.37% to Rs 4223.44 crore in the quarter ended March 2026 as against Rs 3758.60 crore during the previous quarter ended March 2025. For the full year,net profit rose 52.34% to Rs 776.09 crore in the year ended March 2026 as against Rs 509.43 crore during the previous year ended March 2025. Sales rose 11.12% to Rs 16326.65 crore in the year ended March 2026 as against Rs 14692.92 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales4223.443758.60 12 16326.6514692.92 11 OPM %12.729.66 -12.4410.88 - PBDT445.91263.65 69 1660.531201.54 38 PBT323.18146.71 120 1188.33745.05 59 NP177.9997.04 83 776.09509.43 52 Powered by Capital Market - Live

JK Tyre & Industries will hold a meeting of the Board of Directors of the Company on 26 May 2026.

JK Tyre & Industries has appointed Mandar Vighnahari Deo has joined the Company as President - India, effective 14 April 2026, as a regular employee, who will form part of the Senior Management.

JK Tyre & Industries announced that Shreekant Somany (DIN _ 00021423) an Independent Director, ceased to be a Director of the Company with effect from 16 March 2026, upon completion of his tenure on 15 March 2026. Powered by Capital Market - Live