JK Tyre & Industries Ltd is one of India's largest tyre manufacturers and among the top 25 global tyre manufacturers. The company is present across 110 countries with over 180 global distributors.
JK Tyre was incorporated as a private limited company on February 14, 1951. It was managing agency business until March 31, 1970, after which it ventured into manufacturing automobile tyres and tubes in February 1972. Initially, the company had a production capacity of 0.5 million tyres per annum, which has grown multi-fold over the years.
It was the first tyre producer to bring radial steel technology to India. It is also the second-largest manufacturer of 4-wheeler tyres in India.
In the financial year 1975-76, JK Tyre & Industries Ltd launched its initial public offering (IPO). The company acquired Vikrant Tyres, Mysore in 1997.
The tyre behemoth also has a technical collaboration with Continental AG, Germany. Continental is one of the top tyre manufacturers in the world.
The market capitalisation of JK Tyre stood at over ₹10,500 crore as of January 15, 2024. JK Tyre share price has surged over 346% in the last three years.
Business operations
JK Tyre has 12 manufacturing facilities. Of these, 9 units are in India and 3 in Mexico. The company has a combined production capacity of over 33 million tyres per annum across all its manufacturing facilities. Its distribution network consists of 6,000 dealers and over 500 dedicated brand shops, called Steel Wheels and Xpress Wheels. In FY23, the company produced 27 million tyres.
The company has diversified and expanded its portfolio over the years. It manufactures tyres and tubes for trucks, buses, passenger cars, light commercial vehicles, multi-utility vehicles and tractors. JK Tyre has also introduced a specialised product range, Ranger Tyre series, for EVs and SUVs.
JK Tyre is among the top 30 sustainable companies in India. The company meets 58% of its energy requirements from renewable sources.
The Raghupati Singhania Centre of Excellence in Mysore is JK Tyre’s state-of-the-art global research and technology hub.
JK Tyre’s research and development center, Hari Shankar Singhania Elastomer and Tyre Research Institute (HASETRI), remains the company’s central point for all cutting-edge technology innovations.
Currently, the company provides end-to-end solutions across products and segments – passenger and commercial vehicles, farming, off-the-road and two- and three-wheelers. The company caters to diverse business segments and it has built partnerships with more than 25 original equipment manufacturers (OEMs) in the automobile industry.
JK Tyre & Industries Financial Highlights
- Revenue: JK Tyre & Industries reported revenue of ₹16,384.28 crore in FY26 vs ₹14,772.20 crore in FY25. It showed an increase of 10.91% on a yearly basis.
- Operating Profit: JK Tyre & Industries reported an operating profit of ₹1,042.74 crore in FY26 vs ₹713.43 crore in FY25. It showed an increase of 46.16% on a year-on-year basis.
- Net Profit: JK Tyre & Industries reported a net profit of ₹774.19 crore in FY26 vs ₹515.79 crore in FY25. It showed an increase of 50.10% on a yearly basis.
JK Tyre & Industries Quarterly Result Highlights
- JK Tyre & Industries reported revenue of ₹4,232.83 crore in Mar 2026, compared with ₹4,235.27 crore in Dec 2025, representing a decrease of 0.06% on a quarter-on-quarter (QoQ) basis.
- JK Tyre & Industries reported an operating profit of ₹276.51 crore in Mar 2026, compared with ₹254.08 crore in Dec 2025, representing an increase of 8.83% on a quarter-on-quarter (QoQ) basis.
- JK Tyre & Industries reported a profit of ₹187.76 crore in Mar 2026, compared with ₹209.05 crore in Dec 2025, reflecting a decrease of 10.18% on a QoQ basis.
- The earnings per share (EPS) of JK Tyre & Industries stood at ₹27.24 during Mar 2026.
