JK Tyre & Industries Limited was listed on the BSE on November 3, 1994. In the last five years, its stock has given a massive return of around 600%. Will JK Tyre continue to provide such great returns in the future as well? In this article, we will explore JK Tyre’s growth potential and the JK Tyre share price target 2025 to 2050.
About JK Tyre & Industries Limited
JK Tyre & Industries Ltd. is an Indian tyre company founded in 1951. JK Tyre is a leader in tire manufacturing. It manufactures tires for automobiles, trucks, buses, and other vehicles. The company has a strong presence in both the domestic and international markets, and it is known for its quality and innovation. The company is also known for introducing India’s first “Smart Tyre” technology, which allows for real-time monitoring of tyre health.
JK Tyre Business Model
- Manufacturing & Selling Tyres: JK Tyre manufactures and sells various types of tyres for cars, trucks, buses, two-wheelers, and farm vehicles. They sell these tyres to vehicle manufacturers, dealers, and direct to consumers.
- Speciality Tyres: JK Tyre manufactures tyres for industries such as construction, mining, and agriculture that require heavy-duty tyres.
- Export Business: JK Tyre exports its products to several countries.
- OEM Supply (Original Equipment Manufacturer): JK Tyre provides tyres to major vehicle manufacturers such as Maruti, Tata, and Mahindra, who use them in new vehicles.
- Fleet Management Solutions: The company offers tyre solutions to large transportation companies, assisting them in managing tyre costs and performance.
JK Tyre Fundamental Analysis
| Stock Name | JK Tyre & Industries Ltd. |
|---|---|
| NSE Symbol | JKTYRE |
| Market Cap | ₹ 10,595 Cr. |
| 52W High | ₹ 511 |
| 52W Low | ₹ 232 |
| Stock P/E | 20.5 |
| Book Value | ₹ 177 |
| Dividend Yield | 1.10 % |
| ROCE | 12.8 % |
| ROE | 11.1 % |
| Face Value | ₹ 2.00 |
| Industry PE | 30.2 |
| Price to book value | 2.22 |
| Debt to equity | 1.01 |
| PEG Ratio | 1.59 |
| Quick ratio | 0.76 |
| Shareholders | March 2023 | March 2024 | March 2025 |
|---|---|---|---|
| Promoters | 56.26% | 53.13% | 50.55% |
| FIIs | 6.73% | 15.29% | 15.94% |
| DIIs | 1.22% | 5.18% | 6.14% |
| Government | 0.00% | 0.00% | 0.00% |
| Public | 35.79% | 26.40% | 27.35% |
| No. of Shareholders | 1,91,654 | 2,26,143 | 3,58,475 |
Key Factors Driving JK Tyre’s Future Growth
- Focus on new ideas: JK Tyre is putting money into smart tyre technology and tires made just for electric vehicles (EVs), putting the company at the forefront of the next generation of transportation options.
- Increased Production Capacity: With an IFC investment of $30 million, JK Tyre is increasing its production capacity and introducing new technologies that use fewer resources.
- Strategic Market Positioning: JK Tyre has a strong presence in both domestic and international markets, and its wide range of products gives it an edge over its competitors.
- Focus on R&D: JK Tires keeps spending money on research and development, which leads to new products and better quality.
- Strong Distribution Network: JK Tyre’s large distribution network makes sure that they can reach a lot of customers and reach a lot of markets.
- Adapting to Market Trends: JK Tyre is well-positioned for long-term growth because it can quickly adapt to changes in the market, such as the move towards electric vehicles (EVs).
Pros of JK Tyre
- Strong Profit Growth: JK Tyre has achieved a strong profit growth of 37% CAGR over the last three years.
- Low PE Ratio Compared to Peers: JK Tyre has a PE ratio of 20.6, which is lower than the industry average of 30.2, making it relatively undervalued and potentially a good investment opportunity.
Cons of JK Tyre
- High Financial Risk: JK Tyre has a high debt-to-equity ratio of 1.01, indicating a strong dependency on debt. This increases financial risk, raises interest costs, and may have an impact on profitability.
- Decrease in Institutional Confidence: DIIs have reduced their holding to 6.14% in March 2025 from 6.33% in December 2024 while FIIs have reduced their holding to 15.94% in March 2025 from 16.03% in December 2024, indicating a decline in institutional confidence in the company’s future growth prospects.
JK Tyre & Industries Ltd Balance Sheet
| Particulars | March 2023 | March 2024 | March 2025 |
|---|---|---|---|
| Equity Capital | 49 | 52 | 55 |
| Reserves | 3,347 | 4,435 | 4,796 |
| Borrowings | 4,882 | 4,609 | 4,911 |
| Other Liabilities | 4,061 | 4,915 | 4,757 |
| Total Liabilities | 12,339 | 14,012 | 14,519 |
| Fixed Assets | 6,467 | 6,829 | 6,753 |
| CWIP | 195 | 367 | 417 |
| Investments | 144 | 138 | 123 |
| Other Assets | 5,533 | 6,677 | 7,226 |
| Total Assets | 12,339 | 14,012 | 14,519 |
By the end of 2025, the JK Tyre share price is expected to be around ₹450 in normal conditions. In a bear market, it might be ₹350, and in a bull market, it may go up to ₹600.
| JK Tyre Share Price Target 2025 | Rupees (₹) |
|---|---|
| Bear Market | 350 |
| Normal Market | 450 |
| Bull Market | 600 |
In 2026, the JK Tyre share price is expected to be around ₹550 in a normal situation. In a bear market, it might be ₹380, and in a bull market, it may cross ₹800.
| JK Tyre Share Price Target 2026 | Rupees (₹) |
|---|---|
| Bear Market | 380 |
| Normal Market | 550 |
| Bull Market | 800 |
According to our analysis, the JK Tyre share price is expected to be around ₹700 in 2027. In a bear market, it might be ₹420, and in a bull market, it may cross ₹1000.
| JK Tyre Share Price Target 2027 | Rupees (₹) |
|---|---|
| Bear Market | 420 |
| Normal Market | 700 |
| Bull Market | 1000 |
According to our analysis, the JK Tyre share price may trade near ₹830 by 2028; bearish conditions could pull it down to ₹450, while a strong bull run might lift it to ₹1300.
| JK Tyre Share Price Target 2028 | Rupees (₹) |
|---|---|
| Bear Market | 450 |
| Normal Market | 830 |
| Bull Market | 1300 |
Under normal conditions, the JK Tyre share price might hit ₹1000 by 2029. A bearish trend could lower it to ₹500, whereas a bullish surge could raise it to ₹1700.
| JK Tyre Share Price Target 2029 | Rupees (₹) |
|---|---|
| Bear Market | 500 |
| Normal Market | 1000 |
| Bull Market | 1700 |
In a normal situation, the JK Tyre share price is projected to be approximately ₹1200 in 2030. In a bear market, the value may be as low as ₹550, while in a bull market, it may rise to ₹2200.
| JK Tyre Share Price Target 2030 | Rupees (₹) |
|---|---|
| Bear Market | 550 |
| Normal Market | 1200 |
| Bull Market | 2200 |
By 2035, the JK Tyre share price is projected to be around ₹2400 under normal conditions. In adverse markets, the price could fall to ₹850, while favorable conditions might push it up to ₹6600.
| JK Tyre Share Price Target 2035 | Rupees (₹) |
|---|---|
| Bear Market | 850 |
| Normal Market | 2400 |
| Bull Market | 6600 |
Under normal conditions, the JK Tyre share price might hit ₹4800 by 2040. A bearish trend could lower it to ₹1250, whereas a bullish surge could raise it to ₹19,000.
| JK Tyre Share Price Target 2040 | Rupees (₹) |
|---|---|
| Bear Market | 1250 |
| Normal Market | 4800 |
| Bull Market | 19,000 |
In 2050, the JK Tyre share price is expected to be around ₹19,200 in a normal situation. In a bear market, it might be ₹3700, and in a bull market, it may go up to ₹1,18,000.
| JK Tyre Share Price Target 2050 | Rupees (₹) |
|---|---|
| Bear Market | 3700 |
| Normal Market | 19,200 |
| Bull Market | 1,18,000 |
| Years | Target Price |
|---|---|
| JK Tyre Share Price Target 2025 | ₹350 to ₹600 |
| JK Tyre Share Price Target 2026 | ₹380 to ₹800 |
| JK Tyre Share Price Target 2027 | ₹420 to ₹1000 |
| JK Tyre Share Price Target 2028 | ₹450 to ₹1300 |
| JK Tyre Share Price Target 2029 | ₹500 to ₹1700 |
| JK Tyre Share Price Target 2030 | ₹550 to ₹2200 |
| JK Tyre Share Price Target 2035 | ₹850 to ₹6600 |
| JK Tyre Share Price Target 2040 | ₹1250 to ₹19,000 |
| JK Tyre Share Price Target 2050 | ₹3700 to ₹1,18,000 |
Disclaimer
This article is for educational purposes only. It is not a stock recommendation and should not be treated as such. Please ask your financial advisor before making any investment decision.
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