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

Consumer Cyclical · IN · Market cap ₹108B

JT JK Tyre & Industries Limited JKTYRE · BSE
Price₹373.80
Fair Value₹392.00
Upside+4.9%
Quality41/100
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Strengths

Low debt · generates free cash flow

Risks

!Expensive Growth
!Thin margins · 3.5% net margin
!Narrow moat 38/100
!The models disagree: range ₹190.54 to ₹694.33
Expensive Growth
Thin margins · 3.5% net margin
Low debt · generates free cash flow
Narrow moat 38/100
Evidence: High Range ₹190.54 – ₹694.33 Share as image

Fair value as of: Aug 21, 2026

From 20 valuation models · updated today

Share price −5.3% over the past month.

Below-average quality, currently priced close to our fair value.

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What matters now

  • The model range is unusually wide (₹190.54 to ₹694.33). The outcome hinges heavily on assumptions, so read the point estimate with caution.
  • The price sits close to our fair value, market and models broadly agree here, little valuation tension.
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Price vs Fair Value (5 years)

₹598.87 ₹95.20 Fair Value ₹392.00 Apr 2021 Aug 2026

White line = price, green steps = our fair value per fiscal year, dashed = 300-day average. As of Aug 21, 2026.

How to read this chart

60‑month range ₹95.20 – ₹598.87 · fair‑value band ₹190.54 – ₹694.33 · the ₹373.80 price screens below the ₹392.00 fair value. Dashed = 300-day average. As of Aug 21, 2026.

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Analysis

JK Tyre & Industries Limited (JKTYRE) currently trades at ₹373.80, while our model-based Fair Value estimate is ₹392.00, implying the stock looks roughly 4.9% fairly valued 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 ₹153B at a net margin of 3.5%. Revenue grew 10.8% year over year. It earns a return on equity of 10.6%. Net debt stands at ₹45.1B. Fundamentals as of Aug 21, 2026

Our scenario range runs from ₹190.54 (bear case) to ₹694.33 (bull case); at ₹373.80, 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 38% below its 52-week high and 19% 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 5%, 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 ₹198.83 ₹242.10 ₹526.32 76
ROIC Compounder ₹420.80 ₹564.25 ₹739.35 72
Growth-Adj P/E ₹377.16 ₹538.81 ₹700.45 68
All 20 models by family
DCF Models
5Y Revenue Exit ₹220.81 ₹490.96 ₹849.53 39
5Y EBITDA Exit ₹296.98 ₹636.19 ₹1,045 41
5Y P/E Exit ₹184.79 ₹422.27 ₹679.35 38
10Y Revenue Exit ₹101.51 ₹323.89 ₹645.95 36
10Y EBITDA Exit ₹165.13 ₹425.77 ₹797.80 37
10Y P/E Exit ₹93.07 ₹275.70 ₹513.71 35
Earnings-Based
Graham-Dodd ₹183.06 ₹623.31 ₹836.08 54
Lynch FV ₹143.03 ₹204.33 ₹265.62 50
PEG = 1.0 ₹143.03 ₹204.33 ₹265.62 46
EPV ₹384.65 ₹462.01 ₹529.69 59
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 ₹651.53 ₹895.19 ₹1,139 53
EV/EBITDA ₹555.27 ₹766.86 ₹978.44 54
EV/Revenue ₹392.21 ₹594.36 ₹796.51 43
Asset-Based
NCAV (Graham) ₹105.12 ₹140.86 ₹210.23 50
Economic Profit
Residual Income ₹198.83 ₹242.10 ₹526.32 76
ROIC Compounder ₹420.80 ₹564.25 ₹739.35 72
Growth Earnings
Growth-Adj P/E ₹377.16 ₹538.81 ₹700.45 68

Widest divergence: Multiples (₹592.25) versus Asset-Based (₹140.86). Highest evidence: Residual Income (76).

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Key figures & financial health

Revenue (TTM) ₹153B
Revenue growth (YoY) +10.8%
Net margin 3.5%
Return on equity 10.6%
Free cash flow ₹199M FY2026
P/E ratio 19.1
More key figures
Operating margin 10.1%
EPS (TTM) ₹19.56
EPS growth (YoY) +64.2%
Net debt ₹45.1B FY2026

Figures from reported company fundamentals · as of Aug 21, 2026. TTM = trailing twelve months.

Quality Score breakdown

Overall quality 41/100

Of which business quality 43 · Market factors (momentum, volatility) 48

Profitability 53
Margins and returns on capital today
Quality Growth 57
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 36
Price trend over the last 3–12 months (market factor)
52W Momentum 35
Distance to the 52-week high (market factor)
Net Issuance 27
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 engages in the developing, manufacturing, marketing, and distribution of automotive tyres, tubes, flaps, and retreads in India, Mexico, and internationally.

Full company description

JK Tyre & Industries Limited engages in the developing, manufacturing, marketing, and distribution of automotive tyres, tubes, flaps, and retreads in India, Mexico, and internationally. The company offers truck/bus radial tyres, light and small commercial vehicle bias, two/three-wheeler, retreads, truck/bus bias, 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 tyres. It also operates tyre care centers that provides repair, inflation pressure check, rotation, and tyre services; and provides fleet management and check-up services. The company markets its products and services through a network of Steel Wheels, Xpress 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 ₹162B in FY2026 versus ₹119B in FY2022, a compound +8.1%/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)
₹162B
Latest YoY
+11.3%
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.
+3.4%
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.
+12.2%
Avg. growth/yr (7Y) 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.
+6.6%
Revenue +8.1%/yr
FY22 ₹119B
FY23 ₹146B
FY24 ₹149B
FY25 ₹145B
FY26 ₹162B
Net income +38.6%/yr
FY22 ₹2.1B
FY23 ₹2.6B
FY24 ₹7.9B
FY25 ₹5.1B
FY26 ₹7.8B

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

Peer Group

Auto Parts · 647 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 +14% · Above median
Return on equity (TTM) 11% · Above median
Return on assets 5% · Above median
Net margin (TTM) 4% · Below median
Operating margin (TTM) 10% · Above median
Revenue growth 11% · Above median
Dividend yield (TTM) 0.8% · Below median
Debt / equity 0.42× · Higher than 75% of peers

Valuation Multiples vs Auto Parts median · lower = cheaper

P/E (TTM) 19.1× · Cheaper than median
P/B 1.78× · Pricier than median
P/S (TTM) 0.70× · Cheaper than median
P/FCF 5.6× · Pricier than median
EV/EBITDA 8.4× · Cheaper than median
PEG 0.51× · Cheaper than 75% of peers

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

Similar stocks

10 more Auto Parts stocks, each showing price versus our Fair Value estimate (as of Aug 21, 2026).

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Magna International Inc MGAN 1,122 MXN 1,142 MXN +2%
Samvardhana Motherson International Limited MOTHERSON ₹169.58 ₹80.63 -52%
Bosch Limited BOSCHLTD ₹48,700 ₹11,534 -76%
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%
Balkrishna Industries Limited BALKRISIND ₹2,376 ₹1,237 -48%
Endurance Technologies Limited ENDURANCE ₹2,987 ₹1,384 -54%

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Frequently asked questions

Is JK Tyre & Industries Limited (JKTYRE) overvalued or undervalued?
As of Aug 21, 2026, our model estimates a fair value of ₹392.00 versus a price of ₹373.80, about +5% (fairly valued).
What is the fair value of JKTYRE?
Our model-based fair value for JK Tyre & Industries Limited is ₹392.00 (as of Aug 21, 2026), built from audited fundamentals. The current price: ₹373.80.
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 ₹153B (latest available figure, as of Aug 21, 2026).
What is the net profit margin of JKTYRE?
The net profit margin of JK Tyre & Industries Limited is about 3.5%, meaning it keeps roughly 3.5% of revenue as net income. Based on the latest reported figures.

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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