JK Tyre & Industries Share Price Target 2026, 2027, 2030, 2040, 2050
JK Tyre & Industries is an Indian company that mainly makes and sells tyres for vehicles. The company produces tyres for cars, trucks, buses, motorcycles, and farm vehicles in its factories located in India and Mexico. These tyres are sold in India and also exported to many countries around the world. It is especially known for making truck and bus radial tyres and for bringing radial tyre technology to India in 1977. The company also works on new technology, such as Smart Tyres that can help check tyre pressure and temperature.
What is JK Tyre & Industries Ltd NSE: JKTYRE?
JK Tyre & Industries was established in 1951 in Kankroli and is led by Raghupati Singhania and is part of the JK Organisation group. The company is known for making tyres and tubes for many vehicles such as cars, trucks, buses, motorcycles, and tractors. Over time, it has become one of the major tyre companies in India and also sells its tyres in many countries. It works on improving quality and safety and has several factories and a wide dealer network to supply tyres to customers and automobile companies.
It is a well-known tyre company in India, and it is part of the JK Organisation group. The company mainly makes tyres and related products for many vehicles such as cars, trucks, buses, motorcycles, farm machines, and other heavy vehicles. Over the years, the company has become popular for making tyres that are safe, strong, and last for a long time. The company sells its tyres in India and also exports them to many countries. In 2026, its share price target would be ₹1000, as per stock market analysts.
According to stock market analysts, its share price would be between ₹323 to ₹1000 in 2026.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 323 | 1000 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 482 | 528 |
| February | 498 | 611 |
| March | 356 | 533 |
| April | 323 | 590 |
| May | 350 | 600 |
| June | 334 | 636 |
| July | 323 | 678 |
| August | 340 | 700 |
| September | 320 | 774 |
| October | 390 | 835 |
| November | 500 | 955 |
| December | 735 | 1000 |
The company introduced radial tyre technology in India many years ago, which helped make tyres better and more useful for vehicles. Radial tyres give better performance, last longer, and help vehicles save fuel, so many people started using them. Because of this, this company became a leading company in truck and bus radial tyres in India. Over time, the company continued to bring new ideas and improvements in tyre making. In 2027, its share price target would be ₹1580, as per stock market analysts.
According to stock market analysts, its share price would be between ₹968 to ₹1580 in 2027.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2027 | 968 | 1580 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 968 | 1142 |
| February | 990 | 1166 |
| March | 1010 | 1182 |
| April | 1034 | 1221 |
| May | 1055 | 1245 |
| June | 1074 | 1274 |
| July | 1112 | 1290 |
| August | 1145 | 1335 |
| September | 1174 | 1357 |
| October | 1190 | 1387 |
| November | 1225 | 1448 |
| December | 1274 | 1580 |
It has built a strong network of factories to produce tyres and meet growing demand. The company has several large factories that make millions of tyres every year. These factories are located in different parts of India and also in Mexico, which helps the company supply tyres to many countries. Having factories in more than one country helps the company deliver tyres faster and serve customers in different regions. The factories use modern machines and improved production methods to make good-quality tyres. In 2028, its share price target would be ₹2050, as per stock market analysts.
According to stock market analysts, its share price would be between ₹1535 to ₹2050 in 2028.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2028 | 1535 | 2050 |
The company makes many types of tyres for different vehicles and industries. It produces tyres for cars, trucks, buses, motorcycles, farm vehicles, and heavy machines used in construction and mining work. Because the company makes many types of tyres, it can serve many customers, such as vehicle owners, transport companies, farmers, and industries. These tyres are made to work well on different roads and in different weather conditions. In 2029, its share price target would be ₹2488, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2000 to ₹2488 in 2029.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2029 | 2000 | 2488 |
It has created a large dealer and distribution network to reach customers in many places. The company works with many dealers and distributors who sell tyres in cities, towns, and villages. It also has branded stores and service centres where people can buy tyres and get services like tyre checking, balancing, and maintenance. This strong network makes it easy for customers to find this company when they need it. In 2030, its share price target would be ₹3110, as per stock market analysts.
According to stock market analysts, its share price would be between ₹2442 to ₹3110 in 2030.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2030 | 2442 | 3110 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 2442 | 2633 |
| February | 2474 | 2667 |
| March | 2490 | 2689 |
| April | 2532 | 2732 |
| May | 2565 | 2774 |
| June | 2590 | 2790 |
| July | 2632 | 2832 |
| August | 2665 | 2867 |
| September | 2685 | 2890 |
| October | 2725 | 2933 |
| November | 2765 | 3024 |
| December | 2823 | 3110 |
It has also introduced modern technology products like Smart Tyres. These tyres have sensors that can check tyre pressure and temperature while the vehicle is moving. This helps drivers know the condition of their tyres and fix problems early if needed. It improves safety and helps avoid tyre damage during travel. Smart Tyre technology shows that the company is using new technology along with traditional tyre manufacturing. In 2040, its share price target would be ₹7950, as per stock market analysts.
According to stock market analysts, its share price would be between ₹7110 to ₹7950 in 2040.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2040 | 7110 | 7950 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 7110 | 7284 |
| February | 7168 | 7332 |
| March | 7180 | 7365 |
| April | 7212 | 7390 |
| May | 7242 | 7441 |
| June | 7254 | 7477 |
| July | 7284 | 7521 |
| August | 7332 | 7578 |
| September | 7365 | 7663 |
| October | 7384 | 7694 |
| November | 7441 | 7787 |
| December | 7635 | 7950 |
The company has expanded its business outside India and now sells its tyres in many international markets. The company exports tyres to more than one hundred countries and works with distributors around the world. This global reach helps the company serve customers in different regions and understand their needs better. Working in many countries also helps the company learn about different road conditions and driving styles. In 2050, its share price target would be ₹14541, as per stock market analysts.
According to stock market analysts, its share price would be between ₹13060 to ₹14541 in 2050.
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2050 | 13060 | 14541 |
| Month | Minimum Price (Rs) | Maximum Price (Rs) |
| January | 13060 | 13188 |
| February | 13110 | 13254 |
| March | 13144 | 13287 |
| April | 13174 | 13367 |
| May | 13192 | 13447 |
| June | 13224 | 13558 |
| July | 13321 | 13784 |
| August | 13454 | 13874 |
| September | 13525 | 13970 |
| October | 13687 | 14124 |
| November | 13778 | 14324 |
| December | 14125 | 14541 |
Should I buy JK Tyre & Industries stock?
| Year | Minimum Price (Rs) | Maximum Price (Rs) |
| 2026 | 323 | 1000 |
| 2027 | 968 | 1580 |
| 2028 | 1535 | 2050 |
| 2029 | 2000 | 2488 |
| 2030 | 2442 | 3110 |
| 2040 | 7110 | 7950 |
| 2050 | 13060 | 14541 |
The company is a well-known tyre maker in India, and its business has improved in recent years. It makes tyres for many vehicles and sells them in India as well as in other countries, which may help the company grow in the future. However, the tyre business depends on things like raw material prices, vehicle sales, and the overall economy, so the stock price can sometimes go up and down. Because of this, many investors think it could be better for long-term investment instead of short-term trading.
JK Tyre & Industries earnings results
| Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
| Sales + | 8,723 | 9,102 | 11,983 | 14,645 | 15,002 | 14,693 | 15,862 |
| Expenses + | 7,737 | 7,796 | 10,910 | 13,347 | 12,911 | 13,094 | 14,004 |
| Operating Profit | 986 | 1,306 | 1,073 | 1,298 | 2,091 | 1,599 | 1,857 |
| OPM % | 11% | 14% | 9% | 9% | 14% | 11% | 12% |
| Other Income + | -76 | 81 | 40 | -25 | 4 | 48 | -32 |
| Interest | 549 | 466 | 419 | 454 | 447 | 476 | 449 |
| Depreciation | 378 | 387 | 385 | 407 | 437 | 456 | 466 |
| Profit before tax | -17 | 534 | 309 | 411 | 1,211 | 713 | 910 |
| Tax % | -989% | 38% | 35% | 36% | 33% | 28% | |
| Net Profit + | 141 | 331 | 201 | 263 | 806 | 509 | 697 |
| EPS in Rs | 6.12 | 12.97 | 8.53 | 10.66 | 30.16 | 18.07 | 25.06 |
| Dividend Payout % | 11% | 15% | 18% | 19% | 15% | 17% |
Key Metrics
| TTM PE Ratio | PB Ratio | Dividend Yield | Sector PE | Sector PB | Sector Div Yld |
| 16.22 | 2.27 | 0.73% | 36.77 | 5.22 | 0.75% |
Peers & Comparison
| Stock | PE Ratio | PB Ratio | Dividend Yield |
| JK Tyre & Industries Ltd | 22.83 | 2.27 | 0.73% |
| MRF Ltd | 28.36 | 2.87 | 0.19% |
| Balkrishna Industries Ltd | 23.83 | 3.80 | 0.78% |
| Apollo Tyres Ltd | 22.56 | 1.71 | 1.26% |
Is JK Tyre & Industries stock good to buy? (bull case & bear case)
Bull Case:
- In FY25, it reported revenue of around ₹14,000–15,000 crore (approx.)
- In recent quarterly results (FY26 period), revenue growth was seen in the double-digit range year-on-year in some quarters.
- The company reported a net profit of around ₹700–900 crore in FY25, which shows that the business is profitable after covering all expenses.
- The company sells its tyres in more than 100 countries and operates about 12 manufacturing plants, which support long-term business growth.
- The company is a leader in the Truck and Bus Radial tyre segment in India, which gives it a strong position in an important market.
Bear Case:
- Revenue growth in some past years has been moderate, which shows that business expansion has not always been very fast.
- Profit margins can be affected when raw material costs like natural rubber and crude-based materials increase.
- The company has debt of several thousand crore rupees (approx.), which means financial risk is higher compared to companies with low debt.
- The tyre industry depends heavily on automobile sales, so any slowdown in the auto sector can reduce demand for tyres.
Conclusion
It is a well-known tyre company in India that makes tyres for many types of vehicles and sells them in India and also in many other countries. The company has grown over time and has several factories and a strong business. Its profits have improved in some years, and it has a strong position in truck and bus radial tyres. So, overall, it could be seen as a moderate-risk stock that may have good long-term growth if the company continues to grow its business and improve its performance.
