JK Tyre & Industries Share Price Today

JK Tyre receives ₹94.86 crore GST show cause notice for FY23

JK Tyre received a ₹94.86 crore Show Cause Notice from GST authorities for FY23. The demand includes ₹55.12 crore tax, ₹34.23 crore interest, and ₹5.51 crore penalty. Allegations cite ITC mismatches, incorrect HSN/SAC classifications, and ineligible credits. The company asserts it has a strong defensible position against the observations. Financial impact will be determined only after adjudication of the notice.

JK Tyre Q1FY27 profit plunges 73% as raw material costs compress margins

JK Tyre & Industries reported a consolidated net profit of ₹44.09 crore for Q1FY27, down 73% YoY, as raw material costs rose ~20% sequentially. Revenue grew 2% YoY to ₹3,946.24 crore, supported by 25% domestic volume growth. Management expects EBITDA margins to recover to 10-11% in FY27 as input costs stabilize and price hikes flow through.

JK Tyre Q1 Results: Net Debt Seen Rising ₹500–₹700 Crore in FY27

JK Tyre & Industries has guided for a consolidated net debt increase of INR500 crores to INR700 crores in FY '27, attributable to CapEx-led long-term loans and working capital needs. Its Mexico subsidiary, JK Tornel, is expected to recover in the remaining three quarters of FY '27 after Q1 was disrupted by geopolitical factors and labor negotiations. New capacity additions under the INR4,980 crores PCR and TBR expansion plan are set to raise total capacity by approximately 7% in the next financial year.

JK Tyre Latest Results: Management guides 11%-13% margin in H2 FY27

JK Tyre & Industries management has guided for more than double-digit revenue growth in FY27, consistent with the 10%-11% growth achieved in FY26, driven by price increases and volume growth. On the margin front, the company targets progressive improvement across the remaining three quarters of FY27, with a broad range of 11% to 13% anticipated in the second half of the fiscal year. The concall update highlights management's dual focus on sustaining top-line growth while improving operating profitability through FY27.

JK Tyre 73rd AGM: All Six Resolutions Passed, ₹4 Dividend Approved

JK Tyre & Industries' 73rd AGM on August 6, 2026 saw all six resolutions passed with requisite majority. Shareholders approved a ₹4.00 per equity share final dividend for FY26, re-appointed Dr. Raghupati Singhania as CMD for five years from October 1, 2026, and ratified Cost Auditor remuneration with near-unanimous support, while institutional dissent was notable on CMD reappointment (13.31% against) and Non-Executive Director remuneration (14.65% against).

JK Tyre & Industries secures 26% stake in STTY RE for solar project

JK Tyre & Industries Ltd. invested ₹1.38 crore for a 26% stake in STTY RE Banmore Ltd. to secure 25-year captive solar power supply. The developer funds the ₹17.70 crore capex for the 6 MWp project, with the deal completing within 90 days as a related-party transaction approved by the Audit Committee.