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Earnings · Tyres · Mid cap

JK Tyre profit jumps 52%, dividend doubled on record revenue

Consolidated net profit of ₹774 crore on ₹16,384 crore revenue underpins a payout increase. Q4 profit surged 83%.

3 earlier stories on JK Tyre & Industries Ltd.
Mkt cap₹11,449 cr
P/E14.75×
ROE10.21%
Debt / eq.0.99
Div yld0.99%
₹774 cr Consolidated net profit for FY26, up 52% year-on-year.

What's new

  • FY26 consolidated net profit rose 52% to ₹774 crore; Q4 profit jumped 83% to ₹188 crore.
  • Board recommended a ₹4 per share dividend, up from ₹2 last year.
  • Indian operations drove a 21% Q4 sales-volume increase on record annual revenue of ₹16,384 crore.

Why this matters

Profit growth outpaced revenue growth, signalling better pricing and mix. Doubling the dividend on a record year suggests the board views the cash generation as sustainable.

What we're watching

  • Input costs for rubber and carbon black in coming quarters.
  • Whether volume growth sustains as the industry cycle matures.
  • Capital-allocation plans after the company's capacity expansions.

The full read

JK Tyre posted a record year. Revenue climbed 11% to ₹16,384 crore, but it was the profit line that moved: consolidated net profit jumped 52% to ₹774 crore, while EBITDA rose 25% to ₹2,089 crore. The gap between top-line and bottom-line growth points to better pricing and a richer mix. The final quarter delivered the sharpest gains, with profit after tax surging 83% to ₹188 crore on the back of a 21% volume increase in the company's Indian operations. The board's decision to double the dividend to ₹4 per share matches the earnings trajectory. For a cyclical business, the open question is whether this kind of pace holds through a full commodity cycle.

Questions answered

How did profit and revenue trend through the year?
Consolidated net profit grew 52% to ₹774 crore while revenue climbed 11% to a record ₹16,384 crore. The acceleration was sharpest in the final quarter, where profit jumped 83% on ₹4,233 crore of revenue.
What drove the stronger performance?
The company cited broad-based volume growth and an improved product mix. Indian operations led the charge with a 21% increase in Q4 sales volumes.
What does the dividend decision signal?
The board recommended a final dividend of ₹4 per share, double the ₹2 paid last year. That kind of increase on a ₹774 crore profit year suggests management sees the cash flow as sustainable.
What was the EBITDA growth?
Consolidated EBITDA rose 25% year-on-year to ₹2,089 crore. The 25% growth rate sits between the 11% revenue increase and the 52% profit jump.
Mentioned: JK Tyre & Industries · ₹774 cr FY26 PAT · ₹4 per share dividend
Primary source BSE · NSE · Tijori

An independent reading of the company's own disclosure — the primary filing above is the final word.

Company snapshot

JK Tyre & Industries Ltd.

Tyres
₹12,004 cr
P/E 15.47×

Latest quarter · Mar 2026

Sales₹4,223 cr
Net profit₹188 cr
Op. margin+12.7%
EPS₹6.17

Strength & growth

Debt / equity0.99×
Current ratio1.20×
Sales CAGR+8.7%
EPS CAGR+2.9%
Financials via Tijori — a research aid, not investment advice.JKTYRE on Tijori
  1. 26 May 2026 · 5:07 PM IST JK Tyre profit jumps 52%, dividend doubled on record revenue
  2. 45d ago JK Tyre lifts capex budget to ₹6,110 crore through FY29
  3. 46d ago JK Tyre to spend ₹4,980 crore on capacity expansion
  4. 46d ago JK Tyre turns 21% more volume into 83% more profit