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JK TYRE & IND vs CEAT - Comparison Results

Rs 100 invested in...

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Current Valuations

    JK TYRE & IND CEAT JK TYRE & IND/
CEAT
 
P/E (TTM) x 15.0 16.8 89.7% View Chart
P/BV x 3.3 3.1 105.2% View Chart
Dividend Yield % 0.5 0.4 103.4%  

Financials

 JK TYRE & IND   CEAT
EQUITY SHARE DATA
    JK TYRE & IND
Mar-23
CEAT
Mar-23
JK TYRE & IND/
CEAT
5-Yr Chart
Click to enlarge
High Rs2141,981 10.8%   
Low Rs96890 10.8%   
Sales per share (Unadj.) Rs594.82,797.3 21.3%  
Earnings per share (Unadj.) Rs10.845.1 23.8%  
Cash flow per share (Unadj.) Rs27.3161.1 16.9%  
Dividends per share (Unadj.) Rs2.0012.00 16.7%  
Avg Dividend yield %1.30.8 154.4%  
Book value per share (Unadj.) Rs137.9850.3 16.2%  
Shares outstanding (eoy) m246.2340.45 608.7%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x0.30.5 50.8%   
Avg P/E ratio x14.431.8 45.3%  
P/CF ratio (eoy) x5.78.9 63.7%  
Price / Book Value ratio x1.11.7 66.5%  
Dividend payout %18.626.6 69.9%   
Avg Mkt Cap Rs m38,15358,075 65.7%   
No. of employees `000NANA-   
Total wages/salary Rs m12,1807,352 165.7%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m146,449113,149 129.4%  
Other income Rs m365189 193.7%   
Total revenues Rs m146,815113,337 129.5%   
Gross profit Rs m12,3639,467 130.6%  
Depreciation Rs m4,0714,693 86.7%   
Interest Rs m4,5452,421 187.7%   
Profit before tax Rs m4,1132,541 161.8%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m1,465718 204.2%   
Profit after tax Rs m2,6471,824 145.2%  
Gross profit margin %8.48.4 100.9%  
Effective tax rate %35.628.2 126.2%   
Net profit margin %1.81.6 112.1%  
BALANCE SHEET DATA
Current assets Rs m54,11526,888 201.3%   
Current liabilities Rs m52,60941,455 126.9%   
Net working cap to sales %1.0-12.9 -8.0%  
Current ratio x1.00.6 158.6%  
Inventory Days Days78 85.1%  
Debtors Days Days6422 1.3%  
Net fixed assets Rs m69,21669,379 99.8%   
Share capital Rs m493405 121.8%   
"Free" reserves Rs m33,46933,992 98.5%   
Net worth Rs m33,96234,396 98.7%   
Long term debt Rs m23,60414,406 163.9%   
Total assets Rs m123,39096,277 128.2%  
Interest coverage x1.92.0 92.9%   
Debt to equity ratio x0.70.4 165.9%  
Sales to assets ratio x1.21.2 101.0%   
Return on assets %5.84.4 132.2%  
Return on equity %7.85.3 147.0%  
Return on capital %15.010.2 147.9%  
Exports to sales %9.70-   
Imports to sales %17.116.6 102.8%   
Exports (fob) Rs m14,204NA-   
Imports (cif) Rs m25,01818,804 133.0%   
Fx inflow Rs m14,20420,629 68.9%   
Fx outflow Rs m25,01818,804 133.0%   
Net fx Rs m-10,8141,825 -592.6%   
CASH FLOW
From Operations Rs m12,24212,055 101.6%  
From Investments Rs m-4,005-8,491 47.2%  
From Financial Activity Rs m-7,473-3,195 233.9%  
Net Cashflow Rs m791369 214.7%  

Share Holding

Indian Promoters % 53.1 47.2 112.5%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 18.0 34.3 52.5%  
FIIs % 12.2 20.0 61.1%  
ADR/GDR % 0.0 0.0 -  
Free float % 46.9 52.8 88.8%  
Shareholders   203,029 116,509 174.3%  
Pledged promoter(s) holding % 0.0 0.0 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare JK TYRE & IND With:   APOLLO TYRES    TVS SRICHAKRA    GOODYEAR (I)    MRF    BALKRISHNA INDUSTRIES    


More on JK TYRE & IND vs Ceat

No comparison is complete without understanding how the stock prices have performed over a period of time.

Here's a brief comparison:

JK TYRE & IND vs Ceat Share Price Performance

Period JK TYRE & IND Ceat
1-Day 1.77% 0.13%
1-Month -13.58% -5.08%
1-Year 179.15% 92.98%
3-Year CAGR 58.68% 19.95%
5-Year CAGR 36.85% 19.75%

* Compound Annual Growth Rate

Here are more details on the JK TYRE & IND share price and the Ceat share price.

Moving on to shareholding structures...

The promoters of JK TYRE & IND hold a 53.1% stake in the company. In case of Ceat the stake stands at 47.2%.

To review how promoter stakes have changed over time, and how much of the promoter stake is pledged, please see the shareholding pattern of JK TYRE & IND and the shareholding pattern of Ceat.

Finally, a word on dividends...

In the most recent financial year, JK TYRE & IND paid a dividend of Rs 2.0 per share. This amounted to a Dividend Payout ratio of 18.6%.

Ceat paid Rs 12.0, and its dividend payout ratio stood at 26.6%.

You may visit here to review the dividend history of JK TYRE & IND, and the dividend history of Ceat.



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