JK Tyre & Industries Limited

NSE JKTYRE.NS

JK Tyre & Industries Limited Debt to Equity Ratio for the year ending March 31, 2024: 1.03

JK Tyre & Industries Limited Debt to Equity Ratio is 1.03 for the year ending March 31, 2024, a -28.54% change year over year. Debt to equity ratio represents the financing from debt versus equity. Higher ratio indicates more debt reliance, suggesting potential risk.
  • JK Tyre & Industries Limited Debt to Equity Ratio for the year ending March 31, 2023 was 1.44, a -21.56% change year over year.
  • JK Tyre & Industries Limited Debt to Equity Ratio for the year ending March 31, 2022 was 1.83, a 2.04% change year over year.
  • JK Tyre & Industries Limited Debt to Equity Ratio for the year ending March 31, 2021 was 1.80, a -26.98% change year over year.
  • JK Tyre & Industries Limited Debt to Equity Ratio for the year ending March 31, 2020 was 2.46, a -2.40% change year over year.
Key data
Date Debt to Equity Ratio Debt to Income Ratio Debt to Tangible Net Worth Ratio Dividend Coverage Ratio
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NSE: JKTYRE.NS

JK Tyre & Industries Limited

CEO Dr. Raghupati Singhania B.Sc.
IPO Date June 14, 2004
Location India
Headquarters Patriot House 3
Employees 5,681
Sector Consumer Discretionary
Industries
Description

JK Tyre & Industries Limited develops, manufactures, markets, and distributes automotive tyres, tubes, and flaps in India, Mexico, and internationally. The company offers truck/bus bias and radial, light and small commercial vehicle, farm, passenger car radial, off the road and industrial, military/defense, specialty, two- and three-wheeler, motorcycle and scooter, and racing car tyres, as well as retreads. It also operates tyre care centers that are involved in the repair, inflation pressure check, wheel alignment and balancing, rotation, and servicing of tyres.JK Tyre & Industries Limited provides its products under JK Tyre, Vikrant, and Tornel brands. The company markets its products and services through a network of approximately 600 Steel Wheels, Xpress Wheels, Truck Wheels, and Retread centers, as well as approximately 650 brand shops. JK Tyre & Industries Limited was incorporated in 1951 and is headquartered in New Delhi, India.

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StockViz Staff

January 16, 2025

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