JK Tyre & Industries Ltd — earnings calls
2 quarters summarised from transcripts filed with the exchange, every statement cited. Newest first.
JK Tyre reported consolidated Q1FY27 revenue of Rs.3,956 crore, up 2% year-on-year, while EBITDA fell to Rs.268 crore from Rs.424 crore a year earlier as raw material costs rose sharply. Domestic volumes grew 25% year-on-year led by 42% OEM growth, while the Mexico business (JK Tornel) was impacted by geopolitical disruptions and labour negotiations. Management said price increases are being taken in a staggered manner to offset higher input costs, with further hikes planned in the coming quarters.
JK Tyre reported consolidated FY26 revenue of Rs.16,384 crore, up 11%, with EBITDA of Rs.2,089 crore, up 25%, and PBT crossing Rs.1,000 crore for the first time. Q4FY26 consolidated revenue was Rs.4,233 crore, up 12% YoY, with EBITDA margin expanding 270 basis points to 12.9%. Management said raw material prices are expected to rise 18-20% in Q1FY27 and that the company has begun staggered price hikes and approved a further Rs.4,980 crore brownfield expansion for PCR and TBR segments through 2029.