JK TYRE & IND | APOLLO TYRES | JK TYRE & IND/ APOLLO TYRES |
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P/E (TTM) | x | 13.7 | 21.3 | 64.5% | View Chart |
P/BV | x | 2.3 | 2.2 | 104.4% | View Chart |
Dividend Yield | % | 1.2 | 1.2 | 96.0% |
JK TYRE & IND APOLLO TYRES |
EQUITY SHARE DATA | |||||
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JK TYRE & IND Mar-24 |
APOLLO TYRES Mar-24 |
JK TYRE & IND/ APOLLO TYRES |
5-Yr Chart Click to enlarge
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High | Rs | 554 | 560 | 99.0% | |
Low | Rs | 154 | 318 | 48.3% | |
Sales per share (Unadj.) | Rs | 575.4 | 399.6 | 144.0% | |
Earnings per share (Unadj.) | Rs | 31.1 | 27.1 | 114.8% | |
Cash flow per share (Unadj.) | Rs | 47.9 | 50.4 | 95.0% | |
Dividends per share (Unadj.) | Rs | 4.50 | 6.00 | 75.0% | |
Avg Dividend yield | % | 1.3 | 1.4 | 93.0% | |
Book value per share (Unadj.) | Rs | 172.1 | 218.9 | 78.6% | |
Shares outstanding (eoy) | m | 260.72 | 635.10 | 41.1% | |
Bonus / Rights / Conversions | 0 | 0 | - | ||
Price / Sales ratio | x | 0.6 | 1.1 | 56.0% | |
Avg P/E ratio | x | 11.4 | 16.2 | 70.3% | |
P/CF ratio (eoy) | x | 7.4 | 8.7 | 84.9% | |
Price / Book Value ratio | x | 2.1 | 2.0 | 102.6% | |
Dividend payout | % | 14.5 | 22.1 | 65.3% | |
Avg Mkt Cap | Rs m | 92,283 | 278,666 | 33.1% | |
No. of employees | `000 | NA | NA | - | |
Total wages/salary | Rs m | 14,318 | 29,640 | 48.3% | |
Avg. sales/employee | Rs Th | 0 | 0 | - | |
Avg. wages/employee | Rs Th | 0 | 0 | - | |
Avg. net profit/employee | Rs Th | 0 | 0 | - |
INCOME DATA | |||||
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Net Sales | Rs m | 150,018 | 253,777 | 59.1% | |
Other income | Rs m | 444 | 1,536 | 28.9% | |
Total revenues | Rs m | 150,461 | 255,313 | 58.9% | |
Gross profit | Rs m | 20,503 | 43,915 | 46.7% | |
Depreciation | Rs m | 4,368 | 14,778 | 29.6% | |
Interest | Rs m | 4,469 | 5,270 | 84.8% | |
Profit before tax | Rs m | 12,109 | 25,402 | 47.7% | |
Minority Interest | Rs m | 0 | 0 | - | |
Prior Period Items | Rs m | 0 | 0 | - | |
Extraordinary Inc (Exp) | Rs m | 0 | 0 | - | |
Tax | Rs m | 3,994 | 8,183 | 48.8% | |
Profit after tax | Rs m | 8,115 | 17,219 | 47.1% | |
Gross profit margin | % | 13.7 | 17.3 | 79.0% | |
Effective tax rate | % | 33.0 | 32.2 | 102.4% | |
Net profit margin | % | 5.4 | 6.8 | 79.7% |
BALANCE SHEET DATA | |||||
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Current assets | Rs m | 65,566 | 90,277 | 72.6% | |
Current liabilities | Rs m | 56,858 | 70,438 | 80.7% | |
Net working cap to sales | % | 5.8 | 7.8 | 74.2% | |
Current ratio | x | 1.2 | 1.3 | 90.0% | |
Inventory Days | Days | 6 | 14 | 45.7% | |
Debtors Days | Days | 7 | 38 | 17.5% | |
Net fixed assets | Rs m | 74,511 | 178,472 | 41.7% | |
Share capital | Rs m | 521 | 635 | 82.1% | |
"Free" reserves | Rs m | 44,346 | 138,387 | 32.0% | |
Net worth | Rs m | 44,867 | 139,022 | 32.3% | |
Long term debt | Rs m | 21,869 | 26,727 | 81.8% | |
Total assets | Rs m | 140,116 | 268,749 | 52.1% | |
Interest coverage | x | 3.7 | 5.8 | 63.7% | |
Debt to equity ratio | x | 0.5 | 0.2 | 253.5% | |
Sales to assets ratio | x | 1.1 | 0.9 | 113.4% | |
Return on assets | % | 9.0 | 8.4 | 107.3% | |
Return on equity | % | 18.1 | 12.4 | 146.0% | |
Return on capital | % | 24.8 | 18.5 | 134.2% | |
Exports to sales | % | 9.2 | 8.0 | 114.8% | |
Imports to sales | % | 12.4 | 2.4 | 511.3% | |
Exports (fob) | Rs m | 13,784 | 20,309 | 67.9% | |
Imports (cif) | Rs m | 18,662 | 6,175 | 302.2% | |
Fx inflow | Rs m | 13,784 | 21,541 | 64.0% | |
Fx outflow | Rs m | 18,662 | 6,175 | 302.2% | |
Net fx | Rs m | -4,879 | 15,366 | -31.7% |
CASH FLOW | |||||
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From Operations | Rs m | 16,142 | 34,395 | 46.9% | |
From Investments | Rs m | -12,081 | -7,107 | 170.0% | |
From Financial Activity | Rs m | -4,133 | -26,591 | 15.5% | |
Net Cashflow | Rs m | -18 | 764 | -2.4% |
Indian Promoters | % | 50.6 | 36.9 | 136.8% | |
Foreign collaborators | % | 0.0 | 0.4 | - | |
Indian inst/Mut Fund | % | 22.3 | 41.7 | 53.4% | |
FIIs | % | 11.6 | 14.5 | 80.2% | |
ADR/GDR | % | 0.0 | 0.0 | - | |
Free float | % | 49.5 | 62.6 | 78.9% | |
Shareholders | 336,329 | 429,251 | 78.4% | ||
Pledged promoter(s) holding | % | 0.0 | 1.2 | - |
Compare JK TYRE & IND With: CEAT TVS SRICHAKRA MRF BALKRISHNA INDUSTRIES
No comparison is complete without understanding how the stock prices have performed over a period of time.
Here's a brief comparison:
Period | JK TYRE & IND | Apollo Tyres |
---|---|---|
1-Day | 1.18% | 3.09% |
1-Month | -4.68% | -4.39% |
1-Year | 9.68% | 14.37% |
3-Year CAGR | 42.27% | 30.83% |
5-Year CAGR | 41.38% | 23.74% |
* Compound Annual Growth Rate
Here are more details on the JK TYRE & IND share price and the Apollo Tyres share price.
Moving on to shareholding structures...
The promoters of JK TYRE & IND hold a 50.6% stake in the company. In case of Apollo Tyres the stake stands at 37.4%.
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 Apollo Tyres.
Finally, a word on dividends...
In the most recent financial year, JK TYRE & IND paid a dividend of Rs 4.5 per share. This amounted to a Dividend Payout ratio of 14.5%.
Apollo Tyres paid Rs 6.0, and its dividend payout ratio stood at 22.1%.
You may visit here to review the dividend history of JK TYRE & IND, and the dividend history of Apollo Tyres.
On Tuesday, Indian share markets traded on a positive note throughout the session and ended marginally higher.