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JK TYRE & IND vs INNOVATIVE TYRES & TUBES - Comparison Results

Rs 100 invested in...

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Current Valuations

    JK TYRE & IND INNOVATIVE TYRES & TUBES JK TYRE & IND/
INNOVATIVE TYRES & TUBES
 
P/E (TTM) x 14.4 - - View Chart
P/BV x 3.2 - - View Chart
Dividend Yield % 0.5 0.0 -  

Financials

 JK TYRE & IND   INNOVATIVE TYRES & TUBES
EQUITY SHARE DATA
    JK TYRE & IND
Mar-23
INNOVATIVE TYRES & TUBES
Mar-23
JK TYRE & IND/
INNOVATIVE TYRES & TUBES
5-Yr Chart
Click to enlarge
High Rs2146 3,681.0%   
Low Rs962 4,590.5%   
Sales per share (Unadj.) Rs594.80.9 65,885.8%  
Earnings per share (Unadj.) Rs10.8-29.4 -36.5%  
Cash flow per share (Unadj.) Rs27.3-24.9 -109.7%  
Dividends per share (Unadj.) Rs2.000-  
Avg Dividend yield %1.30-  
Book value per share (Unadj.) Rs137.9-24.6 -561.1%  
Shares outstanding (eoy) m246.2317.99 1,368.7%   
Bonus / Rights / Conversions 00-  
Price / Sales ratio x0.34.4 6.0%   
Avg P/E ratio x14.4-0.1 -10,734.9%  
P/CF ratio (eoy) x5.7-0.2 -3,576.4%  
Price / Book Value ratio x1.1-0.2 -699.1%  
Dividend payout %18.60-   
Avg Mkt Cap Rs m38,15371 53,686.3%   
No. of employees `000NANA-   
Total wages/salary Rs m12,1802 615,161.6%   
Avg. sales/employee Rs Th00-  
Avg. wages/employee Rs Th00-  
Avg. net profit/employee Rs Th00-  
INCOME DATA
Net Sales Rs m146,44916 901,782.0%  
Other income Rs m3652 14,967.2%   
Total revenues Rs m146,81519 785,945.4%   
Gross profit Rs m12,363-534 -2,316.0%  
Depreciation Rs m4,07182 4,974.5%   
Interest Rs m4,5451 516,477.3%   
Profit before tax Rs m4,113-614 -669.7%   
Minority Interest Rs m00-   
Prior Period Items Rs m00-   
Extraordinary Inc (Exp) Rs m00-   
Tax Rs m1,465-85 -1,729.3%   
Profit after tax Rs m2,647-529 -500.1%  
Gross profit margin %8.4-3,287.0 -0.3%  
Effective tax rate %35.613.8 258.2%   
Net profit margin %1.8-3,259.6 -0.1%  
BALANCE SHEET DATA
Current assets Rs m54,11519 290,005.9%   
Current liabilities Rs m52,609803 6,555.1%   
Net working cap to sales %1.0-4,827.0 -0.0%  
Current ratio x1.00 4,424.1%  
Inventory Days Days7386 1.7%  
Debtors Days Days6234 2.4%  
Net fixed assets Rs m69,216342 20,257.0%   
Share capital Rs m493180 273.7%   
"Free" reserves Rs m33,469-622 -5,379.8%   
Net worth Rs m33,962-442 -7,680.0%   
Long term debt Rs m23,6040-   
Total assets Rs m123,390360 34,241.8%  
Interest coverage x1.9-696.8 -0.3%   
Debt to equity ratio x0.70-  
Sales to assets ratio x1.20 2,633.6%   
Return on assets %5.8-146.7 -4.0%  
Return on equity %7.8119.7 6.5%  
Return on capital %15.0138.7 10.8%  
Exports to sales %9.70-   
Imports to sales %17.10-   
Exports (fob) Rs m14,204NA-   
Imports (cif) Rs m25,018NA-   
Fx inflow Rs m14,2040-   
Fx outflow Rs m25,0180 25,018,200.0%   
Net fx Rs m-10,8140 10,813,900.0%   
CASH FLOW
From Operations Rs m12,2425 223,392.3%  
From Investments Rs m-4,0051 -541,162.2%  
From Financial Activity Rs m-7,4733 -232,090.1%  
Net Cashflow Rs m7919 8,379.2%  

Share Holding

Indian Promoters % 53.1 14.0 379.5%  
Foreign collaborators % 0.0 0.0 -  
Indian inst/Mut Fund % 20.5 0.0 -  
FIIs % 15.3 0.0 -  
ADR/GDR % 0.0 0.0 -  
Free float % 46.9 86.0 54.5%  
Shareholders   226,143 1,981 11,415.6%  
Pledged promoter(s) holding % 0.0 80.8 -  
NM: Not Meaningful
Source: Company Annual Reports, Regulatory Filings, Equitymaster

Compare JK TYRE & IND With:   CEAT    APOLLO TYRES    TVS SRICHAKRA    MRF    BALKRISHNA INDUSTRIES    


More on JK TYRE & IND vs INNOVATIVE TYRES & TUBES

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 INNOVATIVE TYRES & TUBES Share Price Performance

Period JK TYRE & IND INNOVATIVE TYRES & TUBES
1-Day 1.79% -2.01%
1-Month -1.76% 22.69%
1-Year 149.47% 170.37%
3-Year CAGR 55.60% 1.41%
5-Year CAGR 35.72% -20.54%

* Compound Annual Growth Rate

Here are more details on the JK TYRE & IND share price and the INNOVATIVE TYRES & TUBES share price.

Moving on to shareholding structures...

The promoters of JK TYRE & IND hold a 53.1% stake in the company. In case of INNOVATIVE TYRES & TUBES the stake stands at 14.0%.

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 INNOVATIVE TYRES & TUBES .

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%.

INNOVATIVE TYRES & TUBES paid Rs 0.0, and its dividend payout ratio stood at -0.0%.

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



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