JK Tyre fixes July 30 record date for ₹4 dividend

1 min read     Updated on 15 Jul 2026, 08:35 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

JK Tyre & Industries Ltd has fixed July 30, 2026 as the record date for a ₹4 per share dividend for FY26, pending AGM approval. The company also announced the e-voting schedule from August 3 to August 5, 2026, for the 73rd AGM on August 6, 2026. Financial results for FY26 showed standalone sales of ₹14,668.99 crore and a Profit Before Tax of ₹1,001.83 crore.

powered bylight_fuzz_icon
45498488

*this image is generated using AI for illustrative purposes only.

JK Tyre & Industries Ltd has fixed July 30, 2026 as the record date to determine shareholder eligibility for a dividend of ₹4 per equity share. The payment is for the financial year ended March 31, 2026 and is contingent upon declaration at the Annual General Meeting scheduled for August 6, 2026. The dividend represents a 200% payout on equity shares of ₹2 each. The company plans to disburse the dividend within two weeks of the AGM to members listed on its register or to beneficial owners as per depository records.

The Board recommended the dividend at its previous meeting, which also addressed the re-appointment of key personnel. Dr. Raghupati Singhania is proposed for re-appointment as Chairman & Managing Director for a five-year term effective October 1, 2026, subject to shareholder approval as remuneration may exceed limits under Section 197 and Schedule V of the Companies Act, 2013. Additionally, Smt. Sunanda Singhania is liable to retire by rotation, and the meeting will consider the ratification of remuneration for Cost Auditors M/s R.J. Goel & Co.

For the financial year ended March 31, 2026, the company reported standalone sales and other income of ₹14,668.99 crore and a Profit Before Tax of ₹1,001.83 crore. Consolidated total income reached ₹16,384.28 crore, with Profit Before Interest, Depreciation and Tax at ₹2,089 crore. The Board noted that while the company has adequate profits, future profitability remains dependent on the broader business environment and economic conditions.

Key Financial Highlights (Standalone)

Particulars Amount (₹ in Crore)
Sales and Other Income 14,668.99
Profit Before Interest, Depreciation and Tax 1,964.68
Profit Before Tax 1,001.83

Key AGM and Dividend Details

Event Date
Record Date for Dividend July 30, 2026
AGM Date August 6, 2026
E-Voting Start August 3, 2026 (10.00 A.M.)
E-Voting End August 5, 2026 (5.00 P.M.)

Historical Stock Returns for JK Tyre & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.50%-0.46%+5.24%-18.60%+12.54%+180.08%

How will the re-appointment of Dr. Raghupati Singhania impact the company's strategic direction over the next five years?

What measures is JK Tyre taking to mitigate risks to future profitability given the dependence on the broader business environment?

Will the high dividend payout ratio of 200% be sustainable in the coming years amidst potential economic fluctuations?

JK Tyre & Industries Ltd reports BRSR for FY 2025-26

2 min read     Updated on 13 Jul 2026, 08:55 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

JK Tyre & Industries Ltd released its Business Responsibility and Sustainability Report for FY 2025-26, disclosing ESG performance and operational metrics. The company reported a total workforce of 17,917 and achieved Zero Liquid Discharge across all manufacturing facilities. The report outlines the company's commitment to reducing carbon emission intensity by 50% by 2030 and achieving net zero by 2050.

powered bylight_fuzz_icon
45501900

*this image is generated using AI for illustrative purposes only.

JK Tyre & Industries Ltd has released its Business Responsibility and Sustainability Report (BRSR) for the financial year 2025-26, disclosing its environmental, social, and governance performance alongside operational metrics. The company, which operates 11 manufacturing plants nationally and internationally, reported a total workforce of 17,917, comprising 2,603 employees and 15,314 workers. The report highlights the company's sustainability initiatives, including its commitment to reducing carbon emission intensity by 50% by 2030 and achieving net zero by 2050.

The company’s operations are primarily focused on the manufacturing and sale of automotive tyres, tubes, and flaps, which accounted for 100% of its turnover. JK Tyre serves 29 states across India and exports to over 100 countries, with exports contributing 11.93% to the total turnover. The report notes that the figures for FY 2025-26 reflect the operations of the merged entity following the Scheme of Amalgamation of Cavendish Industries Ltd., effective December 22, 2025.

Environmental Performance

JK Tyre has implemented Zero Liquid Discharge (ZLD) systems across all its manufacturing facilities. The company reported specific energy consumption and greenhouse gas emissions data, verified by BSI India. Key environmental projects undertaken during the year included condensate recovery for fuel efficiency, thermal insulation in the curing process, and the installation of variable frequency drives to optimize power consumption. The company also commissioned biomass-feeding systems in process boilers at two locations to substitute fossil coal.

Social and Governance Metrics

The report provides detailed statistics on the company's workforce. Women comprised 2.61% of the total employees and 3.21% of the total workers. The Board of Directors included 2 female members out of 10, representing 20% representation. The company reported that 100% of permanent employees and other-than-permanent employees were covered by health and accident insurance. For workers, 79.67% of permanent workers and 100% of other-than-permanent workers were covered by health insurance.

Key Workforce Statistics

Category Total Male Female
Total Employees 2,603 2,535 68
Total Workers 15,314 14,823 491
Differently Abled Employees 1 1 0
Differently Abled Workers 8 8 0

The Corporate Social Responsibility and Sustainability Committee of the Board, chaired by Dr. Raghupati Singhania, oversees the implementation of business responsibility policies. The company has identified material issues such as emissions, energy management, and water security, and has set targets aligned with the Science Based Targets initiative (SBTi). The report also confirms that the company has not been involved in any material fines or penalties during the financial year, aside from a pending legal matter regarding a Competition Commission of India order from 2018.

Historical Stock Returns for JK Tyre & Industries

1 Day5 Days1 Month6 Months1 Year5 Years
+2.50%-0.46%+5.24%-18.60%+12.54%+180.08%

How will the integration of Cavendish Industries Ltd. impact JK Tyre's ability to meet its 2030 carbon intensity reduction targets?

What specific capital expenditures are planned to transition the remaining facilities away from fossil coal following the biomass pilot projects?

Is JK Tyre considering strategic partnerships or technology investments to significantly improve female workforce participation beyond the current 3%?

More News on JK Tyre & Industries

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:+12.54%