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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
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The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
The BSE, founded in 1875, is Asia's oldest stock exchange — it started under a banyan tree on Dalal Street, where the bronze bull stands today.
JK Tyre & Industries Limited is an India-based tire manufacturer. The Company and its subsidiaries are engaged in developing, manufacturing, marketing and distributing automotive tires, tubes, flaps and retreads. Its segments include India, Mexico and Others. It markets its…
Weekly engine runs — movement reflects the numbers, not analyst opinion.
A decent, fast-growing business, trading cheap versus its own history.
JK Tyre & Industries is scored on the general / industrial framework. It keeps a slim 4.7% of every rupee of sales as net profit. Those profits are backed by real cash — operating cash flow runs 1.86× reported profit. It throws off free cash worth 7.9% of its market value — a strong free-cash yield.
Over the last 3 years revenue compounded at 4%/yr and profit at 43%/yr. Book value itself has compounded 20%/yr — the hallmark of a genuine compounder. Return on equity is a modest 9.2%. In the latest quarter profit fell 77% versus the prior quarter.
At 13× earnings, the stock sits at the 16th percentile of its own 3.6-year range — the cheap end of where it has historically traded. Today's price implies ~10%/yr earnings growth for a decade. The books come through clean — a forensic grade of A, and Altman puts distress risk in the safe zone.
A plain-English restatement of the figures on this page — rules-based, for education and research context, not investment advice or a recommendation.
| Ratio | Company | Sector | Read |
|---|---|---|---|
| P/E | 20.92 | 23.92 | better |
| P/B | 1.71 | 2.32 | better |
| EV/EBITDA | 10.24 | 10.85 | better |
| ROE | 9.23 | 10.47 | worse |
| ROCE | 9.41 | 12.17 | worse |
| ROA | 2.81 | 4.93 | worse |
| Quick Ratio | 0.85 | 0.85 | worse |
| Peer | P/E | P/B | ROE |
|---|---|---|---|
| MRF | 22.0 | 2.5 | 11.6% |
| Balkrishna Ind | 32.6 | 4.0 | 12.2% |
| Apollo Tyres | 15.2 | 1.5 | 11.8% |
4% CAGR — growing but slowly. Growth is accelerating — latest year outpaced the prior year's rate.
Profit is growing faster than revenue (43% vs 4%) — margin expansion is at work. The latest year saw a +50% swing — check if it's a one-off or structural.
Operating margin has expanded from 3% to 6% — the business is keeping more of each rupee earned.
ROE at 13% — a respectable return on shareholder capital. Capital efficiency improving — ROE up 5pp across the window.
Profit grew faster than EPS (43% vs 37%) — share dilution is eroding per-share value. 37% EPS CAGR — this is the rate at which each share's claim on earnings is compounding.
Operating cash flow has been positive every year — the business generates real cash, not just accounting profit. Cash conversion at 1.9× PAT — earnings are well-backed by cash; strong accrual quality. Heavy investing spend every year, but operations generate enough to cover it — the business self-funds its growth.
When operating cash keeps pace with reported profit, earnings are cash-backed; a persistent shortfall is a quality flag.
Revenue fell 7% QoQ — could be seasonality or a genuine slowdown. Low quarterly variance (7% spread) — a predictable, non-seasonal revenue stream.
Profit fell 77% QoQ — one-quarter drops can be noise, but a pattern matters. Quarterly margins are compressing (6% → 1%) — more revenue isn't translating to proportionally more profit.
How today's P/E compares to the stock's own historical range. Dashed line = the 3.6y median.
Promoter holding at 51.7% — majority control intact. FIIs trimmed 2.3pp — foreign money is rotating out.
Produced by a rules-based engine over licensed exchange fundamentals — every sentence above is derived from the numbers shown, no analyst or AI opinion involved. Education and research context, not investment advice. We are not SEBI-registered as an Investment Adviser or Research Analyst.