JK Tyre shares jump over 6% on strong Q4 results, capex plans

Shares of JK Tyre & Industries

Ltd. surged 6% on Wednesday, May 27, after the tyre maker reported a strong set of quarterly earnings driven by robust growth in its India business and margin expansion across operations.

For the fourth quarter of FY26, the company reported a 12% year-on-year rise in revenue to ₹4,223 crore compared to ₹3,759 crore in the corresponding quarter last year.

EBITDA jumped 48% during the quarter, while operating margins expanded by 300 basis points. Gross margins also improved by 230 basis points, aided by better operating efficiencies and a favourable business mix.

The company’s India business remained the key growth driver during the quarter. Revenue from the domestic business increased 15% year-on-year, while margins in the segment expanded by 300 basis points.

The India business contributes nearly 90% of JK Tyre’s overall revenue, underlining the strength of domestic demand and execution.

In contrast, the Mexico business witnessed a 16% decline in revenue during the quarter, although margins in the segment improved by 120 basis points.

JK Tyre also announced plans to expand capacity through phased investments worth ₹4,980 crore.