JK Tyre & Industries Ltd reported a 50% rise in consolidated profit after tax (PAT) to ₹774 crore for the financial year ended March 31, 2026, driven by record volumes and operational efficiency. The board recommended a dividend of ₹4 per equity share, or 200%, for the fiscal year, subject to shareholder approval at the Annual General Meeting. The company achieved its highest-ever annual consolidated revenue of ₹16,384 crore, an 11% increase from the previous year, while EBITDA grew 25% to ₹2,089 crore.

Financial Performance

For the quarter ended March 31, 2026, consolidated revenue stood at ₹4,233 crore, with EBITDA at ₹546 crore, reflecting a 42% year-on-year increase. The Q4 EBITDA margin expanded significantly to 12.9% from 10.2% in the same quarter of the previous year. PAT for the quarter rose 83% to ₹188 crore. The standalone PAT for the year was ₹748 crore on revenue of ₹14,669 crore. The growth was attributed to robust domestic demand, a 21% increase in sales volumes across segments, and a 42% surge in the original equipment (OE) market. The Mexico subsidiary, JK Tornel, contributed significantly to the consolidated results.

The table below summarises the key financial metrics for the full year:

The following table highlights the Q4 performance:

Dividend and Shareholder Returns

The board has recommended a dividend of ₹4 per equity share of ₹2 each, totaling 200% for FY26. The payout is scheduled to be credited or dispatched within two weeks of the ensuing Annual General Meeting. The trading window for designated persons, which closed on April 1, 2026, will reopen on May 29, 2026.

Operational Highlights and Exceptional Items

The company operates through three geographical segments: India, Mexico, and Others. India generated segment revenue of ₹14,614 crore for the year, while Mexico contributed ₹2,137 crore. Exceptional items for the year included a foreign exchange loss of ₹25.95 crore, a voluntary retirement scheme (VRS) expense of ₹30.16 crore, and a stamp duty expense of ₹32.50 crore related to the amalgamation of subsidiary Cavendish Industries Ltd. Additionally, the company assessed an incremental impact of ₹56.98 crore towards retiral obligations due to new Labour Codes.

Amalgamation and Restatement

The financial statements incorporate the impact of the Scheme of Amalgamation of Cavendish Industries Ltd. with the company, effective April 1, 2025. Consequently, comparative figures for the previous year have been restated. The auditors, Lodha & Co LLP, issued an unmodified opinion on the audited standalone and consolidated financial results. The company also noted it was adjudged 'Best in Class' for ESG rating for the third consecutive year.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE573A01042/c889a014d79e4c35.pdf

JK Tyre & Industries has approved the re-appointment of Dr. Raghupati Singhania as Chairman & Managing Director for a term of five years, effective from October 1, 2026. The decision ensures continuity in leadership at the top level of the tyre manufacturer. The appointment is subject to the requisite approval of the members of the company.

The Board of Directors approved the proposal during its meeting held on May 26, 2026. Dr. Raghupati Singhania, who holds DIN 00036129, will continue to steer the company's operations and strategic direction. The meeting concluded at 4:30 P.M.

Key Details of Appointment