JK Tyre & Industries Limited Share Price and Company Fundamentals



Price
₹199.6
Change
-1.600 (-0.795%)
52 week
95.45 - 204.0

Last traded: Today at 9:59 AM

JK Tyre & Industries Limited develops, manufactures, markets, and distributes automotive tyres, tubes, and flaps in India, Mexico, and internationally. The company offers truck/bus bias and radial, light and small commercial vehicle, farm, passenger car radial, off the road and industrial, military/defense, specialty, two- and three-wheeler, motorcycle and scooter, and racing car tyres, as well as retreads. It also operates tyre care centers that are involved in the repair, inflation pressure check, wheel alignment and balancing, rotation, and servicing of tyres.JK Tyre & Industries Limited provides its products under JK Tyre, Vikrant, and Tornel brands. The company markets its products and services through a network of approximately 600 Steel Wheels, Xpress Wheels, Truck Wheels, and Retread centers, as well as approximately 650 brand shops. JK Tyre & Industries Limited was incorporated in 1951 and is headquartered in New Delhi, India.

Key Metrics

PE ratio

25.67

PB ratio

1.63

Dividend yield

0.00%

Beta

1.09

Market cap

-

Enterprise value

-

Company profile

Industry / Sector Auto Parts / Consumer Cyclical
Full time employees 5904
Website https://www.jktyre.com
Mailing address Patriot House 3 Bahadur Shah Zafar Marg New Delhi 110 002 India
Phone / Fax 91 11 6600 1112 / 91 11 2332 2059

Dividends

Dividend yield

0.00%

Dividend amount

₹0.00

Payout ratio

19.89%

5Y Avg. yield

1.61%

JK Tyre & Industries Limited paid ₹0.00 dividend and the ex-dividend date was 18 Aug 2022.The dividend payout ratio is 19.89%. The dividend payout ratio is defined as the amout of dividend paid divided by the earnings of the company.JKTYRE dividend payout ratio is less than 70. This is ideal as it gives company room to grow the dividends and also the excess earnings can be invested in company for growth.

JKTYRE's forward dividend amount is ₹1.5 and the forward dividend yield is 0.77%. A forward dividend yield is the percentage of a company's current stock price that it expects to pay out as dividends over a certain time period, generally 12 months. Forward dividend yields are generally used in circumstances where the yield is predictable based on past instances. If not, trailing yields, which indicate the same value over the previous 12 months, are used.

Company Executives

As of Dec 2022, following are the company executives and directors listed on JK Tyre & Industries Limited.

Name Title Age Total Pay
Dr. Raghupati Singhania B.Sc. Chairman & MD 75 123.9M
Mr. Anshuman Singhania MD & Whole-Time Director 41 88.8M
Mr. Arun Kumar Bajoria Pres of International & Exec. Director 75 51.7M
Mr. Sanjeev Aggarwal Chief Financial Officer
Mr. Sanjiv Saxena Sr. VP of Corp. Accounts
Mr. Virendra Kumar Misra Technical Director 70
Mr. Pawan Kumar Rustagi VP of Legal, Company Sec. & Compliance Officer 65
Mr. Sanjay Sharma Head of Corp. Communications and Motor Sport
Mr. Srinivasu Allaphan Director of Sales & Marketing
Mr. Bharat Aggarwal Head of International Trade

Profitability and management effectiveness

Profit margin

1.35%

Operating margin

5.03%

Return on assets

3.58%

Return on equity

6.04%

Profitability ratios are a class of financial metrics that are used to assess a business's ability to generate earnings relative to its revenue, operating costs, balance sheet assets, and shareholders' equity over time, using data from a specific point in time.

The return on equity signifies how well the management is running the company in terms of capital management. The ideal return on equity is greater than 10%. The return on equity is calculated as net income divided by total share holders equity.

Valuation and Trading Info

The market capitalization of JK Tyre & Industries Limited is and its enterprise value is .

The JKTYRE's stocks Beta value is 1.09 making it 9% more volatile compared to NSE market index. Technology stocks and small caps tend to have higher betas than the market benchmark. This indicates that adding the stock to a portfolio will increase the portfolio’s risk, but also increase its expected return. On the other hand utility stocks often have low betas because they tend to move more slowly than market averages.

JK Tyre & Industries Limited (NSE:JKTYRE) Frequently Asked Questions

1. What is JK Tyre & Industries Limited's Stock Symbol?

JK Tyre & Industries Limited trades on NSE under the ticker symbol "JKTYRE".

2. What is JK Tyre & Industries Limited's stock price today?

One share of JKTYRE stock can currently be purchased for approximately ₹199.6.

3. How can I contact JK Tyre & Industries Limited?

JK Tyre & Industries Limited's mailing address is Patriot House 3 Bahadur Shah Zafar Marg New Delhi 110 002 India. The company can be reached via phone at 91 11 6600 1112.

4. What is JK Tyre & Industries Limited's official website?

The official website of JK Tyre & Industries Limited is https://www.jktyre.com.