Q2 2026 JK Tyre & Industries Ltd Earnings Call Transcript
Key Points
- JK Tyre & Industries Ltd (BOM:530007) reported its highest-ever consolidated revenue of INR 4,026 crores, marking a 10% year-on-year increase.
- The company achieved a consolidated EBITDA of INR 536 crore, with an improved margin of 13.3%, up from 10.9% in the previous quarter.
- Export volumes grew by 13% over the previous quarter, despite challenges related to US tariffs.
- The company has successfully passed on the benefits of GST reduction to customers, which is expected to boost tire demand.
- JK Tyre has been chosen for exclusive fitment in the newly launched Hyundai Creta Night Edition, highlighting its strong OEM partnerships.
- Net debt increased by INR 339 crore, primarily due to higher working capital requirements.
- Gross debt also rose by INR 243 crore, partly due to ongoing project implementations.
- Despite strong revenue growth, the passenger vehicle category witnessed only modest growth of 2%.
- The company faces uncertainties related to US tariffs, which could impact future export growth.
- Capacity utilization for the quarter was 88%, indicating limited room for immediate expansion without new capacity coming online.
Ladies and gentlemen, good day and welcome to JK Tire and Industries Limited earnings conference call hosted by MK Global Financial Services Limited. As a reminder, all participant lines will be in listen-only mode, and there will be an opportunity for you to ask questions after the presentation concludes. Should you need assistance during the conference call, please signal an operator by pressing, then 0 on a touchtone phone. I now hand the conference over to Mr. Chira Jain, Deputy head of research, MK Global Financial Services Limited.
Thank you and over to you.
Good afternoon everyone, and thank you for joining.
On behalf of MK Global, I would like to welcome you all to the Q2 FY26 earnings conference call of JK Tyre & Industries Limited.
Today, we are joined by the senior management team, represented by:
Mr. Anshuman Singhania, Managing Director
Mr. Arun K. Bajoria, Director and President â International
Mr. Sanjeev
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
