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JK Tyre & Industries Limited (JKTYRE) Fair Value & Analysis

Consumer Cyclical · IN · Market cap ₹120B

JT JK Tyre & Industries Limited JKTYRE · NSE
Price₹384.10
Fair Value₹423.87
Upside+10.4%
Quality41/100
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Expensive Growth
Thin margins · 4.8% net margin
Low debt · generates free cash flow
1.01% dividend yield
Ranks above peers (9/14)
Narrow moat 43/100
Evidence: High Range ₹189.93 – ₹740.31 Share as image

Fair value as of: Aug 13, 2026

From 22 valuation models · updated 3 days ago

Share price −6.8% over the past month.

Below-average quality, screening 10% undervalued on our models.

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What matters now

  • The model range is unusually wide (₹189.93 to ₹740.31). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • Our model range runs from ₹189.93 (bear) to ₹740.31 (bull), base ₹423.87. The closer the price sits to the lower half, the larger the margin of safety.
  • Quality 41/100 (below-average quality) with high evidence: the data supports the verdict.
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Price vs Fair Value (5 years)

₹604.90 ₹96.12 Fair Value ₹423.87 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 13, 2026.

How to read this chart

60‑month range ₹96.12 – ₹604.90 · fair‑value band ₹189.93 – ₹740.31 · the ₹384.10 price screens below the ₹423.87 fair value. Dashed = 300-day average. As of Aug 13, 2026.

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Analysis

JK Tyre & Industries Limited (JKTYRE) currently trades at ₹384.10, while our model-based Fair Value estimate is ₹423.87, implying the stock looks roughly 10.4% undervalued today. The Quality Score stands at 41/100 (below-average quality), in the Consumer Cyclical sector. Bull case: trading below our estimate, it may offer upside if the fundamentals hold. Bear case: a low price can be a value trap when quality is weak or the data is thin (evidence: high), always confirm before acting.

Over the trailing twelve months, JK Tyre & Industries Limited generated revenue of ₹163B at a net margin of 4.8%. Revenue grew 12.4% year over year. It earns a return on equity of 14.1%. Net debt stands at ₹45.8B. Fundamentals as of Aug 13, 2026

Our scenario range runs from ₹189.93 (bear case) to ₹740.31 (bull case); at ₹384.10, the current price sits within that range. Bear and bull are the same models run on conservative and optimistic assumptions (margins, growth, valuation multiples), so a plausible valuation range, not a price target. The share trades about 37% below its 52-week high and 24% above its 52-week low, currently below its 200-day average. For context, the median of 10 Consumer Cyclical peers we cover trades at -52% fair-value upside, at 10%, JKTYRE screens cheaper than that median.

Fair Value models

Each model estimates fair value its own way; the Fair Value above is the evidence-weighted blend. Evidence (0–100) measures how completely this model’s inputs are available: well-fed models carry more weight in the blend. The spread across models is intentional, each one stresses a different value driver; dividend models, for instance, come out structurally low when payout is small.

Model Bear Bear = the cautious scenario: the same model computed with conservative anchors (lower growth, margins and valuation multiples). Together with Bull it frames a plausible valuation range, not a price target.BaseBull Bull = the optimistic scenario: the same model computed with favourable anchors (higher growth, margins and valuation multiples). Together with Bear it frames a plausible valuation range, not a price target. Evidence
Highest evidence
Residual Income ₹198.48 ₹246.70 ₹622.02 76
ROIC Compounder ₹390.38 ₹544.27 ₹746.30 72
Gordon GGM ₹26.18 ₹54.44 ₹86.36 70
All 22 models by family
DCF Models
5Y Revenue Exit ₹233.87 ₹534.21 ₹942.92 39
5Y EBITDA Exit ₹309.16 ₹682.75 ₹1,146 41
5Y P/E Exit ₹194.24 ₹456.04 ₹748.99 38
10Y Revenue Exit ₹112.76 ₹363.16 ₹745.16 36
10Y EBITDA Exit ₹177.23 ₹469.33 ₹908.12 37
10Y P/E Exit ₹102.40 ₹307.28 ₹589.54 35
Earnings-Based
Graham-Dodd ₹183.06 ₹720.70 ₹978.52 54
Lynch FV ₹177.89 ₹254.13 ₹330.37 50
PEG = 1.0 ₹177.89 ₹254.13 ₹330.37 46
EPV ₹349.13 ₹420.19 ₹482.36 59
Dividend Discount
Gordon GGM ₹26.18 ₹54.44 ₹86.36 70
DDM Multi-Stage ₹26.18 ₹45.91 ₹57.14 61
Multiples
P/E Multiple ₹444.19 ₹592.25 ₹740.31 63
P/S Multiple ₹343.24 ₹457.65 ₹572.06 58
P/B Multiple ₹343.24 ₹457.65 ₹572.06 55
EV/EBIT ₹652.89 ₹896.26 ₹1,140 53
EV/EBITDA ₹556.93 ₹768.32 ₹979.70 54
EV/Revenue ₹398.48 ₹602.36 ₹806.23 43
Asset-Based
NCAV (Graham) ₹105.12 ₹140.86 ₹210.23 50
Economic Profit
Residual Income ₹198.48 ₹246.70 ₹622.02 76
ROIC Compounder ₹390.38 ₹544.27 ₹746.30 72
Growth Earnings
Growth-Adj P/E ₹325.22 ₹464.60 ₹603.98 68

Widest divergence: Multiples (₹592.25) versus Dividend Discount (₹45.91). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹163B
Revenue growth (YoY) +12.4%
Net margin 4.8%
Return on equity 14.1%
Free cash flow ₹199M FY2026
P/E ratio 14.1
More key figures
Operating margin 9.8%
EPS (TTM) ₹27.24
Dividend yield 1.0%
EPS growth (YoY) +76.6%
Net debt ₹45.8B FY2026

Figures from reported company fundamentals · as of Aug 13, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 42 · Market factors (momentum, volatility) 50

Profitability 49
Margins and returns on capital today
Quality Growth 49
Are margins and returns improving?
Cashflow 37
Earnings quality: real cash, not paper profit
Fin. Strength 42
Balance sheet, leverage, solvency risk
Investment 40
Disciplined investing over empire-building
Low Volatility 75
Calm price path (market factor)
Momentum 38
Price trend over the last 3–12 months (market factor)
52W Momentum 41
Distance to the 52-week high (market factor)
Net Issuance 37
Buybacks instead of dilution

Non-valuation factor families (profitability, growth, cashflow, financial strength, momentum …), each academically grounded. Valuation itself sits in the Fair Value and is deliberately excluded here to avoid double-counting.

About the company

JK Tyre & Industries Limited develops, manufactures, markets and distributes automotive tyres, tubes, flaps, and retreads in India, Mexico, and Internationally.

Full company description

JK Tyre & Industries Limited develops, manufactures, markets and distributes automotive tyres, tubes, flaps, and retreads in India, Mexico, and Internationally. The company offers tyres for truck/bus radial and bias, light and small commercial vehicle bias, two/three-wheeler, farm radial and bias, off-the-road and industrial, racing, light and small commercial vehicle radical, passenger car radial and bias, specialty, and military/defence. It also operates tyre care centers that provides repair, inflation pressure check, rotation, and tyre services; and provides fleet management and ancillary services. The company markets its products and services through a network of Steel Wheels, Xpress Wheels, Farm Wheels, and Truck Wheels, as well as brand shops. JK Tyre & Industries Limited was incorporated in 1951 and is headquartered in New Delhi, India.

Company description, as reported by the company or data provider.

Revenue & earnings trend

FY2022 – FY2026 · reported fiscal years

JK Tyre & Industries Limited reported revenue of ₹163B in FY2026 versus ₹119B in FY2022, a compound +8.3%/yr. Reported net income was ₹7.8B in FY2026, compounding +38.6%/yr from FY2022.

Growth Quality 62/100
The company is growing, but growth may require heavy reinvestment or weak cash conversion.
Latest Revenue (FY 2026)
₹163B
Latest YoY
+12.3%
Avg. growth/yr (3Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+4.0%
Avg. growth/yr (5Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+12.5%
Avg. growth/yr (22Y) Measures the company's TOTAL revenue from reported annual statements: compound average growth per year (CAGR) from the fiscal year 3, 5 or N years back to the most recent comparable fiscal year. Not per share: buybacks do not change this number, and a merger can appear as a growth jump.
+10.3%
Revenue +8.3%/yr
FY22 ₹119B
FY23 ₹145B
FY24 ₹149B
FY25 ₹145B
FY26 ₹163B
Net income +38.6%/yr
FY22 ₹2.1B
FY23 ₹2.6B
FY24 ₹7.9B
FY25 ₹5.0B
FY26 ₹7.8B
Character of growth · EPS growth decomposed (2015-2026) +4.1 % p.a.
Revenue per share +6.2 pp

of which total revenue +8.6 pp · buybacks/dilution −2.4 pp

EBIT margin −2.1 pp
Tax rate +0.2 pp
Residual (interest, one-offs) −0.1 pp

Absolute contributions in percentage points per year; they sum to the EPS growth rate. Start and end points are 3-year averages (details on hover).

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Cite: Fair Value Calculator (2026). "JK Tyre & Industries Limited Fair Value". https://www.fairvalue-calculator.com/stock/JKTYRE

Peer Group

Auto Parts · 641 stocks

How this stock ranks against its industry: the green marker is this stock, the band is the typical 25–75% peer range, and the tick is the median.

Quality Score 41 · Bottom 25%
Fair Value upside +10% · Above median
Return on equity (TTM) 14% · Top 25%
Return on assets 6% · Top 25%
Net margin (TTM) 5% · Above median
Operating margin (TTM) 10% · Above median
Revenue growth 12% · Above median
Dividend yield (TTM) 1.0% · Below median
Debt / equity 0.42× · Higher than 75% of peers

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 14.1× · Cheaper than median
P/B 1.98× · Pricier than median
P/S (TTM) 0.74× · Cheaper than median
P/FCF 6.3× · Pricier than median
EV/EBITDA 7.0× · Cheaper than median

Snowflake

Five quick dimensions, each 0 to 100: VALUE (fair-value potential), FUTURE (revenue growth), PAST (return on equity), HEALTH (low debt), DIVIDEND (yield). Green = this stock, grey = typical sector peer.

VALUE 47 · sector 16
FUTURE 62 · sector 24
PAST 56 · sector 26
HEALTH 79 · sector 95
DIVIDEND 20 · sector 34

Values & ESG

Does this company touch areas you may want to avoid? The classification is inferred from sector and industry.

None of the checked exposures detected

ESG scores are not available for this stock yet. Values and ESG data are contextual and can differ between providers.

Similar stocks

10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 13, 2026).

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Magna International Inc MGAN 1,122 MXN 1,142 MXN +2%
Samvardhana Motherson International Limited MOTHERSON ₹169.50 ₹80.63 -52%
Bosch Limited BOSCHLTD ₹46,750 ₹13,061 -72%
Bharat Forge Limited BHARATFORG ₹2,082 ₹393.20 -81%
Uno Minda Limited UNOMINDA ₹1,232 ₹426.57 -65%
Schaeffler India Limited SCHAEFFLER ₹4,126 ₹1,412 -66%
Hankook Tire & Technology Co 161390 71,500 KRW 196,479 KRW +175%
Sona BLW Precision Forgings Limited SONACOMS ₹799.90 ₹207.06 -74%
Balkrishna Industries Limited BALKRISIND ₹2,497 ₹1,211 -51%

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Frequently asked questions

Is JK Tyre & Industries Limited (JKTYRE) overvalued or undervalued?
As of Aug 13, 2026, our model estimates a fair value of ₹423.87 versus a price of ₹384.10, about +10% (undervalued).
What is the fair value of JKTYRE?
Our model-based fair value for JK Tyre & Industries Limited is ₹423.87 (as of Aug 13, 2026), built from audited fundamentals. The current price is ₹384.10.
What is the quality score of JKTYRE?
JK Tyre & Industries Limited has a Quality Score of 41/100. It measures business quality (profitability, growth, cash flow, balance-sheet strength, investment discipline, share issuance). Market factors such as price momentum and volatility do not enter the number; they are shown separately in the detail view.
What is the revenue of JK Tyre & Industries Limited (JKTYRE)?
JK Tyre & Industries Limited reported trailing-twelve-month revenue of about ₹163B (latest available figure, as of Aug 13, 2026).
What is the net profit margin of JKTYRE?
The net profit margin of JK Tyre & Industries Limited is about 4.8%, meaning it keeps roughly 4.8% of revenue as net income. Based on the latest reported figures.
Does JK Tyre & Industries Limited pay a dividend?
JK Tyre & Industries Limited currently shows a dividend yield of about 1.01% relative to its recent price (as of Aug 13, 2026).

How we calculate Fair Value

Each company is valued through a stack of independent intrinsic-value models (DCF variants, residual-income, multiples and more), blended into one family-balanced consensus and weighted by how much trustworthy data backs it. A separate quality layer scores the fundamentals. Every input is real reported data, nothing guessed.

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