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JK Tyre & Industries Ltd
BSE:530007

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JK Tyre & Industries Ltd
BSE:530007
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Price: 588 INR 0.88% Market Closed
Market Cap: ₹153.3B

Net Margin

3.5%
Current
Declining
by 0.4%
vs 3-y average of 3.9%

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
3.5%
=
Net Income
₹5.4B
/
Revenue
₹153.1B

Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.

Net Margin
3.5%
=
Net Income
₹5.4B
/
Revenue
₹153.1B

Peer Comparison

Country Company Market Cap Net
Margin
IN
JK Tyre & Industries Ltd
NSE:JKTYRE
160.3B INR
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JP
Bridgestone Corp
TSE:5108
4.7T JPY
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FR
Compagnie Generale des Etablissements Michelin SCA
PAR:ML
24.1B EUR
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IT
Pirelli & C SpA
MIL:PIRC
6.3B EUR
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CN
Sailun Group Co Ltd
SSE:601058
50.7B CNY
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JP
Yokohama Rubber Co Ltd
TSE:5101
1.1T JPY
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IN
MRF Ltd
NSE:MRF
627.9B INR
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KR
Hankook Tire & Technology Co Ltd
KRX:161390
8.8T KRW
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IN
Balkrishna Industries Ltd
NSE:BALKRISIND
493.9B INR
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JP
Sumitomo Rubber Industries Ltd
TSE:5110
694.5B JPY
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JP
Toyo Tire Corp
TSE:5105
688.2B JPY
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Market Distribution

In line with most companies in India
Percentile
38th
Based on 5 531 companies
38th percentile
3.5%
Low
-305 007.7% — 2.1%
Typical Range
2.1% — 11.6%
High
11.6% — 1 221 633.3%
Distribution Statistics
India
Min -305 007.7%
30th Percentile 2.1%
Median 5.8%
70th Percentile 11.6%
Max 1 221 633.3%

JK Tyre & Industries Ltd
Glance View

Market Cap
153.3B INR
Industry
Auto Components

In the bustling corridors of India's industrial landscape, JK Tyre & Industries Ltd. stands as a formidable name in the realm of tire manufacturing, embodying a legacy of innovation and resilience since 1951. Originally rooted in its domestic market, the company has evolved into one of the nation's largest tire manufacturers and exporters, boasting a comprehensive portfolio that caters to a myriad of vehicular needs—from two-wheelers to heavy commercial trucks. At the heart of JK Tyre's operations lies its robust manufacturing network that spans multiple state-of-the-art facilities equipped with advanced technology for productivity optimization and quality assurance. These factories are the crucibles where raw materials transform into high-performance tires, merging meticulous engineering with technological prowess to meet the rigorous demands of modern transportation. Earning its revenues primarily through the production and sale of tires, JK Tyre harnesses a dual strategy focusing on domestic sales and international exports. Domestically, it leverages a widespread distribution network that ensures its products reach every corner of India, from metropolitan dealerships to rural markets. This ensures a steady flow of income, backed by a brand that's trusted for reliability and endurance. On the international front, JK Tyre deftly navigates the complexities of global markets, exporting to over 100 countries, which diversifies its revenue streams and mitigates local economic fluctuations. Moreover, the company has ventured into the niche arena of smart tires, embedding digital capabilities that provide real-time data on tire health, thereby tapping into the potential of IoT in automotive applications. By balancing tradition with technological advancement, JK Tyre continues to steer its course as a dynamic entity in the tire industry, committed to sustainable growth and innovation.

JKTYRE Intrinsic Value
554.73 INR
Overvaluation 6%
Intrinsic Value
Price
J
What is Net Margin?
Net Margin shows how much profit a company keeps from each dollar of sales after all expenses, including taxes and interest. It reflects the company`s overall profitability.
How is Net Margin calculated?

Net Margin is calculated by dividing the Net Income by the Revenue.

Net Margin
3.5%
=
Net Income
₹5.4B
/
Revenue
₹153.1B
What is JK Tyre & Industries Ltd's current Net Margin?

The current Net Margin for JK Tyre & Industries Ltd is 3.5%, which is below its 3-year median of 3.9%.

How has Net Margin changed over time?

Over the last 3 years, JK Tyre & Industries Ltd’s Net Margin has increased from 1.3% to 3.5%. During this period, it reached a low of 1.3% on Sep 30, 2022 and a high of 5.7% on Jun 30, 2024.

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