JK Tyre & Industries Limited

NSE JKTYRE.NS

JK Tyre & Industries Limited Return on Equity (ROE) for the year ending March 31, 2024: 17.52%

JK Tyre & Industries Limited Return on Equity (ROE) is 17.52% for the year ending March 31, 2024, a 126.73% change year over year. Return on equity measures profit against shareholder equity; higher ROE indicates superior profitability and value creation.
  • JK Tyre & Industries Limited Return on Equity (ROE) for the year ending March 31, 2023 was 7.73%, a 4.82% change year over year.
  • JK Tyre & Industries Limited Return on Equity (ROE) for the year ending March 31, 2022 was 7.37%, a -38.29% change year over year.
  • JK Tyre & Industries Limited Return on Equity (ROE) for the year ending March 31, 2021 was 11.95%, a 84.76% change year over year.
  • JK Tyre & Industries Limited Return on Equity (ROE) for the year ending March 31, 2020 was 6.47%, a -16.23% change year over year.
Key data
Date Return on Equity (ROE) Return on Capital Employed (ROCE) Interest Coverage Ratio Debt to Equity 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 15, 2025

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