JK Tyre & Industries Limited Net Assets
JK Tyre & Industries Limited net assets. Based on the latest financial reports, JK Tyre & Industries Limited (JKTYRE) has net assets worth Rs60.60 Billion INR (≈ $655.38 Million USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (Rs159.96 Billion ≈ $1.73 Billion USD) and total liabilities (Rs99.36 Billion ≈ $1.07 Billion USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. See how leveraged is JK Tyre & Industries Limited's balance sheet to measure how much of total assets are equity-financed.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | Rs60.60 Billion |
| % of Total Assets | 37.89% |
| Annual Growth Rate | 9.16% |
| 5-Year Change | 105.61% |
| 10-Year Change | 187.24% |
| Growth Volatility | 15.17 |
Net Assets of JK Tyre & Industries Limited (2004–2026)
Net assets of JK Tyre & Industries Limited from 2004 to 2026. This chart illustrates how JK Tyre & Industries Limited's net assets have evolved over time, based on quarterly financial data. Also explore net asset growth rate of JK Tyre & Industries Limited to track the company's year-over-year net asset growth rate.
Annual Net Assets for JK Tyre & Industries Limited (2004–2026)
The table below shows the annual net assets of JK Tyre & Industries Limited from 2004 to 2026. For live market cap and overall valuation, see how much is JK Tyre & Industries Limited worth.
| Year | Net Assets | Change |
|---|---|---|
| 2026-03-31 | Rs60.60 Billion ≈ $655.38 Million |
+21.60% |
| 2025-03-31 | Rs49.84 Billion ≈ $538.97 Million |
+8.20% |
| 2024-03-31 | Rs46.06 Billion ≈ $498.13 Million |
+31.76% |
| 2023-03-31 | Rs34.96 Billion ≈ $378.07 Million |
+18.61% |
| 2022-03-31 | Rs29.47 Billion ≈ $318.76 Million |
+6.06% |
| 2021-03-31 | Rs27.79 Billion ≈ $300.54 Million |
+14.55% |
| 2020-03-31 | Rs24.26 Billion ≈ $262.37 Million |
+0.22% |
| 2019-03-31 | Rs24.21 Billion ≈ $261.78 Million |
+15.10% |
| 2018-03-31 | Rs21.03 Billion ≈ $227.44 Million |
-0.32% |
| 2017-03-31 | Rs21.10 Billion ≈ $228.17 Million |
+20.66% |
| 2016-03-31 | Rs17.48 Billion ≈ $189.09 Million |
+24.80% |
| 2015-03-31 | Rs14.01 Billion ≈ $151.51 Million |
+27.70% |
| 2014-03-31 | Rs10.97 Billion ≈ $118.65 Million |
+21.03% |
| 2013-03-31 | Rs9.06 Billion ≈ $98.03 Million |
+20.01% |
| 2012-03-31 | Rs7.55 Billion ≈ $81.68 Million |
-12.00% |
| 2011-03-31 | Rs8.58 Billion ≈ $92.83 Million |
+0.99% |
| 2010-03-31 | Rs8.50 Billion ≈ $91.92 Million |
+22.89% |
| 2009-03-31 | Rs6.92 Billion ≈ $74.80 Million |
+27.13% |
| 2007-03-31 | Rs5.44 Billion ≈ $58.84 Million |
-9.23% |
| 2006-03-31 | Rs5.99 Billion ≈ $64.82 Million |
-26.34% |
| 2005-03-31 | Rs8.14 Billion ≈ $88.00 Million |
-7.72% |
| 2004-03-31 | Rs8.82 Billion ≈ $95.36 Million |
-- |
Equity Component Analysis
This analysis shows how different components contribute to JK Tyre & Industries Limited's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
JK Tyre & Industries Limited Net Assets Breakdown (March 2026)
JK Tyre & Industries Limited net assets breakdown by equity component as of March 2026.
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | Rs576.60 Million | 0.95% |
| Other Components | Rs60.03 Billion | 99.05% |
| Total Equity | Rs60.61 Billion | 100.00% |
JK Tyre & Industries Limited Competitors by Market Cap
The table below lists competitors of JK Tyre & Industries Limited ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Zhejiang Tianyu Pharmaceutical Co Ltd
SHE:300702
|
$1.01 Billion |
|
Bangkok Life Assurance Public Company Limited
F:XBLA
|
$1.01 Billion |
|
Yibin Tianyuan Group Co Ltd
SHE:002386
|
$1.01 Billion |
|
Regis Healthcare Ltd
AU:REG
|
$1.01 Billion |
|
Grindrod
JSE:GND
|
$1.01 Billion |
|
Maoye Commercial Co Ltd
SHG:600828
|
$1.01 Billion |
|
Mercantile Bank Corporation
NASDAQ:MBWM
|
$1.01 Billion |
|
Azorim Investment Development and Construction Co Ltd
TA:AZRM
|
$1.01 Billion |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in JK Tyre & Industries Limited's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2025 to 2026, total equity changed from 48,503,800,000 to 60,608,200,000, a change of 12,104,400,000 (25.0%).
- Net income of 7,760,900,000 contributed positively to equity growth.
- Dividend payments of 822,100,000 reduced retained earnings.
- Other comprehensive income decreased equity by 8,961,000,000.
- Other factors increased equity by 14,126,600,000.
Equity Change Factors (2025 to 2026)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | Rs7.76 Billion | +12.81% |
| Dividends Paid | Rs822.10 Million | -1.36% |
| Other Comprehensive Income | Rs-8.96 Billion | -14.79% |
| Other Changes | Rs14.13 Billion | +23.31% |
| Total Change | Rs- | 24.96% |
Book Value vs Market Value Analysis
This analysis compares JK Tyre & Industries Limited's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 1.52x
- The company is trading above its book value, indicating the market recognizes value beyond its reported assets.
- The price-to-book ratio has decreased from 5.15x to 1.52x over the analyzed period, indicating reduced market premium.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2004-03-31 | Rs62.77 | Rs323.00 | x |
| 2005-03-31 | Rs57.93 | Rs323.00 | x |
| 2006-03-31 | Rs32.00 | Rs323.00 | x |
| 2007-03-31 | Rs51.12 | Rs323.00 | x |
| 2009-03-31 | Rs40.05 | Rs323.00 | x |
| 2010-03-31 | Rs41.40 | Rs323.00 | x |
| 2011-03-31 | Rs41.81 | Rs323.00 | x |
| 2012-03-31 | Rs36.79 | Rs323.00 | x |
| 2013-03-31 | Rs44.15 | Rs323.00 | x |
| 2014-03-31 | Rs53.07 | Rs323.00 | x |
| 2015-03-31 | Rs62.91 | Rs323.00 | x |
| 2016-03-31 | Rs77.09 | Rs323.00 | x |
| 2017-03-31 | Rs86.63 | Rs323.00 | x |
| 2018-03-31 | Rs86.46 | Rs323.00 | x |
| 2019-03-31 | Rs100.65 | Rs323.00 | x |
| 2020-03-31 | Rs94.68 | Rs323.00 | x |
| 2021-03-31 | Rs108.55 | Rs323.00 | x |
| 2022-03-31 | Rs115.68 | Rs323.00 | x |
| 2023-03-31 | Rs137.66 | Rs323.00 | x |
| 2024-03-31 | Rs169.48 | Rs323.00 | x |
| 2025-03-31 | Rs176.85 | Rs323.00 | x |
| 2026-03-31 | Rs212.73 | Rs323.00 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently JK Tyre & Industries Limited utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.81%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 4.75%
- • Asset Turnover: 1.02x
- • Equity Multiplier: 2.64x
- Recent ROE (12.81%) is above the historical average (10.20%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2004 | 1.70% | 0.80% | 0.82x | 2.61x | Rs-731.57 Million |
| 2005 | 1.85% | 0.80% | 0.80x | 2.88x | Rs-663.53 Million |
| 2006 | 2.91% | 0.84% | 0.89x | 3.90x | Rs-424.96 Million |
| 2007 | 3.64% | 0.77% | 1.07x | 4.41x | Rs-346.25 Million |
| 2009 | -15.61% | -1.96% | 1.66x | 4.80x | Rs-1.77 Billion |
| 2010 | 25.85% | 4.81% | 1.29x | 4.18x | Rs1.35 Billion |
| 2011 | 7.29% | 1.05% | 1.39x | 5.02x | Rs-232.84 Million |
| 2012 | -4.24% | -0.47% | 1.32x | 6.81x | Rs-1.08 Billion |
| 2013 | 22.43% | 2.91% | 1.26x | 6.14x | Rs1.13 Billion |
| 2014 | 23.97% | 3.44% | 1.27x | 5.51x | Rs1.53 Billion |
| 2015 | 23.53% | 4.47% | 1.07x | 4.93x | Rs1.90 Billion |
| 2016 | 26.73% | 6.77% | 0.94x | 4.20x | Rs2.92 Billion |
| 2017 | 19.11% | 4.98% | 0.71x | 5.43x | Rs1.79 Billion |
| 2018 | 3.37% | 0.80% | 0.78x | 5.39x | Rs-1.30 Billion |
| 2019 | 7.72% | 1.72% | 0.91x | 4.95x | Rs-521.00 Million |
| 2020 | 6.47% | 1.73% | 0.77x | 4.84x | Rs-823.75 Million |
| 2021 | 11.95% | 3.53% | 0.82x | 4.11x | Rs520.66 Million |
| 2022 | 7.37% | 1.77% | 0.97x | 4.30x | Rs-748.11 Million |
| 2023 | 7.73% | 1.81% | 1.17x | 3.67x | Rs-771.36 Million |
| 2024 | 17.52% | 5.29% | 1.05x | 3.14x | Rs3.38 Billion |
| 2025 | 10.21% | 3.40% | 1.00x | 2.99x | Rs100.02 Million |
| 2026 | 12.81% | 4.75% | 1.02x | 2.64x | Rs1.70 Billion |
Industry Comparison
This section compares JK Tyre & Industries Limited's net assets metrics with peer companies in the Auto Parts industry.
Industry Context
- Industry: Auto Parts
- Average net assets among peers: $16,816,391,200
- Average return on equity (ROE) among peers: 15.66%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| JK Tyre & Industries Limited (JKTYRE) | Rs60.60 Billion | 1.70% | 1.64x | $1.01 Billion |
| Asahi India Glass Limited (ASAHIINDIA) | $23.31 Billion | 14.07% | 1.36x | $2.52 Billion |
| ASK AUTOMOTIVE LIMITED (ASKAUTOLTD) | $10.43 Billion | 23.74% | 0.84x | $1.17 Billion |
| Balkrishna Industries Limited (BALKRISIND) | $69.33 Billion | 20.70% | 0.58x | $4.41 Billion |
| Banco Products (I) Limited (BANCOINDIA) | $6.20 Billion | 14.14% | 0.33x | $901.53 Million |
| Bharat Gears Limited (BHARATGEAR) | $1.08 Billion | 23.88% | 2.73x | $16.00 Million |
| Bosch Limited (BOSCHLTD) | $9.15 Billion | 25.68% | 0.80x | $14.06 Billion |
| CEAT Limited (CEATLTD) | $26.29 Billion | 9.05% | 0.96x | $1.40 Billion |
| CIE Automotive India Limited (CIEINDIA) | $9.27 Billion | 1.70% | 1.46x | $1.50 Billion |
| Craftsman Automation Limited (CRAFTSMAN) | $9.69 Billion | 10.04% | 1.43x | $3.11 Billion |
| Divgi Torqtransfer Systems Limited (DIVGIITTS) | $3.40 Billion | 13.57% | 0.19x | $304.75 Million |
About JK Tyre & Industries Limited
JK Tyre & Industries Limited develops, manufactures, markets and distributes automotive tyres, tubes, flaps, and retreads in India, Mexico, and Internationally. The company offers tyres for truck/bus radial and bias, light and small commercial vehicle bias, two/three-wheeler, farm radial and bias, off-the-road and industrial, racing, light and small commercial vehicle radical, passenger car radia… Read more