JK Tyre & Industries

What JK Tyre & Industries does

JK Tyre & Industries is India's second-largest tyre manufacturer by volume, founded in 1977 and headquartered in New Delhi as the flagship of the 100+ year-old JK Organisation. The company operates 11 manufacturing plants in India (Chennai, Mysuru, Banmore, Laksar and others) and two through its wholly-owned subsidiary JK Tornel in Mexico, delivering over 35 million tyres per annum at 90%+ capacity utilisation. Its portfolio spans passenger car radials, truck and bus radials and bias, two-wheeler, light/small commercial, farm, and off-the-road (OTR) tyres, with premium sub-brands Levitas (Ultra, XTREME), Ranger (X-AT, HPE, H/T) for SUVs, Blaze and e-Blaze for motorcycles and EVs, UX Royale Green for sustainable applications, and Smart Tyre with embedded IoT sensors for real-time pressure/temperature monitoring.

Revenue is generated almost entirely through hardware sales of tyres, split between OEM direct-supply contracts with major Indian vehicle manufacturers (Maruti Suzuki, Tata Motors, Hyundai, Mahindra, Bajaj, Ashok Leyland, and newly won Renault) and a 4,000+ dealer-led replacement market supported by 400+ brandshop touchpoints across India. International markets (110+ countries) are served through JK Tornel (Mexico, ~20% of consolidated turnover), JK Tyre USA, and regional distributors covering USA/Canada, Latam, Europe, Middle East, Africa, and South East Asia. FY26 consolidated revenue reached a record ₹16,384 crore (+11% YoY) with EBITDA of ₹2,089 crore and PAT of ₹774 crore; pricing is quote-based and adjusted periodically (cumulative 11–13% hikes planned for FY27) to offset raw-material volatility. The company is publicly listed on NSE/BSE (NSE: JKTYRE), led by Chairman & Managing Director Dr. Raghupati Singhania and Managing Director Anshuman Singhania, with President-India Mandar V Deo appointed in April 2026 to professionalise the India P&L ahead of a ₹4,980 crore capacity expansion through FY30.

Name

JK Tyre & Industries

Legal name

JK Tyre & Industries Ltd.

Website

https://jktyre.com

Company type

Public

Founded year

1977

Headcount range

5,001–10,000 employees

Short description

JK Tyre & Industries is India's second-largest tyre manufacturer by volume, producing 35 million+ tyres annually across passenger, commercial, farm, OTR, and EV segments for OEMs (Maruti Suzuki, Tata, Hyundai, Mahindra) and a 4,000+ dealer replacement network spanning 110+ countries.

Ownership category

akta.pro rank

Product category

Tyre Manufacturing

NAICS

Tire Manufacturing (32621), Tire Manufacturing (except Retreading) (326211), Tire and Tube Merchant Wholesalers (42313)

SIC

Tires & Inner Tubes (3011), Motor Vehicle Parts & Accessories (3714)

akta.pro primary industry

Tires Manufacturing (IMACAIAK)

akta.pro secondary industries

Motorcycle & Scooter Tires Manufacturing (IMANAKAF), Off-the-Road (OTR) & Heavy Equipment Tires Manufacturing (IMANAKAD), Light Truck/SUV Tires Manufacturing (IMANAKAB), Tire Distribution & Wholesale (Regional/Local Supply) (TLAKADAH)

Keywords

• Tyre manufacturing
• Passenger car tyres
• Truck bus radial tyres
• Off the road tyres
• Two-wheeler tyres

Headquarters

HQ city

New Delhi

HQ country

India

HQ region

Asia

Offices7 records

Markets served

GTM type

B2B and B2C

Offering type

Hardware or Manufacturing

Cost components

Supply Chain, Operations, Personnel, Technology or R&D, Marketing or Sales, Infrastructure

Revenue model

1. Tyre Sales: Primary revenue from manufacturing and selling tyres across multiple segments including passenger car, truck/bus, two-wheeler, farm, and off-the-road tyres. Revenue is generated through OEM supply contracts and replacement market sales via dealer network.
2. QIP Fundraising: Qualified Institutional Placement for capital raising - JK Tyre raised Rs 500 crore through QIP at Rs 345 per share, attracting interest from mutual funds, insurance companies, and foreign institutional investors
3. Sustainability-Linked Loan from IFC: $100 million Sustainability-Linked Loan from IFC ($30 million for JK Tyre and up to $70 million for Cavendish Industries) to support expansion and sustainability goals

Pricing tiers

Go-to-market motion2 records

Distribution channels4 records

Marketing channels6 records

Core offering

JK Tyre & Industries manufactures and sells a comprehensive portfolio of tyres spanning passenger car, motorcycle/scooter, truck/bus radial and bias, light and small commercial vehicles, farm, and off-the-road segments. The company produces over 35 million tyres annually across 11 plants in India and 2 plants in Mexico, serving OEMs and the replacement market through a 4000+ dealer network across 110+ countries. It also offers fleet management and mobility solutions alongside premium sub-brands such as Levitas, Ranger, Blaze, and the Smart Tyre sensor-enabled range.

Product overview

JK Tyre & Industries is India's second-largest tyre manufacturer by volume, offering a comprehensive portfolio of tyre products across multiple vehicle segments. The product lineup includes Car/SUV tyres, Motorcycle/Scooter tyres, Truck/Bus Radial tyres, Truck/Bus Bias tyres, Light Commercial Vehicle tyres, Small Commercial Vehicle tyres, Farm tyres, and Off-The-Road (OTR) tyres. Premium sub-brands include Levitas (Ultra and XTREME) for luxury/performance vehicles, Ranger series (X-AT, HPE, H/T) for SUVs, and Blaze series for motorcycles. The company also offers innovative Smart Tyre technology with embedded sensors for real-time monitoring and Puncture Guard self-healing technology. Sustainable products include the ISCC PLUS-certified UX Royale Green. JK Tyre operates manufacturing facilities across India and Mexico, serving over 110 international markets with a network of 3,000+ channel partners.

Differentiator

Problem solved

Functional benefit

Products and services

• Smart Tyre Tyre with embedded sensors providing real-time monitoring of tyre pressure, temperature, and air leaks, paired with a mobile app for fleet and consumer use.
• Levitas Ultra Ultra-high performance luxury tyre for premium segment vehicles, offering unmatched handling, short braking distances, and quietest cabin experience.
• Levitas XTREME Ultra-high performance tyre engineered with advanced compounds and precision tread design for extreme conditions and drift/high-altitude performance.
• Puncture Guard Tyres Self-healing tyre with sealant layer that handles multiple punctures and heals injuries up to 6mm deep, preventing flat tyres.
• Ranger X-AT Extreme all-terrain SUV tyre with traction saw rib design and open shoulder grooves for control, comfort, water/debris clearing on highways and trails.
• Ranger HPE High-performance SUV tyre engineered for EVs with xpolymer technology and anti-drag dimples for control, lower noise, and durability.
• Ranger H/T Highway terrain SUV tyre offering balanced performance on city roads and highways with grip and steering control in dry and wet conditions.
• Taximax Economy tyre for taxi and commercial use with wear-resistant tread and buttoned rib offering grip and braking for maximum savings.
• Blaze Rydr High-performance motorcycle tyre with wider grooves, cross-pattern tread, and rigid shoulders providing grip on wet roads and cornering stability.
• Blaze AT All-terrain motorcycle tyre with wide grooves and big tread blocks delivering high-speed stability, smart water channeling, and traction.
• e-Blaze Tyre engineered for electric two-wheelers and e-rickshaws with EV-specific compound delivering better range per charge, grip, and long tread life.
• JUC XM Truck Tyre Truck tyre with advanced compound technology delivering better mileage, uniform tread wear, and high retreadability for fleet efficiency.
• XF Series Truck Tyre Truck tyre series with reliable load handling, lower rolling resistance saving 7-8% fuel, and long tyre life for commercial vehicles.
• UX Royale Green India's first passenger car tyre with ISCC PLUS-certified sustainable raw materials, linked to 80% bio, bio-circular and circular materials via mass balance approach.
• Shresth Plus Premium farm tyre with high Non Skid Depth, broader lug design, angular step lug pattern, and reinforced nylon body for modern farming conditions.
• SKY GRIP OTR Tyre Off-the-road tyre for aerial work platforms targeting construction and industrial applications.
• GTL PLUS OTR Tyre Off-the-road tyre for backhoe loaders and wheel loaders targeting construction and mining applications.
• VEM AS-UG OTR Tyre Off-the-road tyre for underground mining shuttle cars targeting mining applications.
• Fleet Management and Mobility Solutions Comprehensive fleet management services providing mobility solutions for commercial vehicle operators.
• Retread Tyres Retreaded tyre services for earthmover equipment ensuring reliability and performance in construction, mining, and infrastructure projects.

Quantifiable outcome

• Energy-efficient radial tyre production increased by more than 10% by 2025
• +4 more outcomes

Named customers10 records

Segments7 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature5 records

Partnerships

Four partnerships are on record, tiered core and minor.

• Rubber Board of IndiacoreStrategic or Co-development Partner · 16 July 2026JK Tyre participates in Project INROAD along with Apollo Tyres, CEAT, and MRF to develop natural rubber plantations in North-East India. The initiative completed 179,376 hectares of new rubber plantations across 113 districts, benefiting over 2 lakh farmers with improved livelihoods.
• Sunpulse Power Private LimitedminorOthers · 5 March 2026JK Tyre approved Rs 50.4 million investment to acquire at least 26% equity in Sunpulse Power Private Limited, a solar power generation company promoted by Oriana Power Limited. This enables JK Tyre to qualify as a captive power user and directly source solar energy for manufacturing operations.
• FPEL Burning Bright Private LimitedminorOthers · 5 March 2026JK Tyre approved Rs 6.57 crore investment to acquire minimum 26% stake in FPEL Burning Bright Private Limited, another solar power company, as part of strategy to expand renewable energy capacity and reduce reliance on conventional grid power.
• Cavendish Industries LimitedcoreStrategic or Co-development Partner · 17 September 2024JK Tyre completed merger with Cavendish Industries Limited, transforming the acquired facility from ~30% to over 95% capacity utilization since its 2016 acquisition. The merger positively impacted JK Tyre's stock price and represents a significant strategic consolidation.

Scale indicators8 records

Recent moves9 records

Expansion highlights7 records

Direct peers

• CEAT Limited: Indian tyre manufacturer part of RPG Group, offering passenger, two-wheeler, truck/bus, and farm tyres. Directly competes with JK Tyre in OEM and replacement markets across India, with comparable dealer network presence.
• Balkrishna Industries (BKT): Indian manufacturer specializing in off-the-road (OTR), agricultural, and industrial tyres with strong global presence. Direct competitor in JK Tyre's farm and OTR business segments and a relevant peer for export-market dynamics.
• MRF Ltd: India's largest tyre manufacturer by volume and JK Tyre's most direct competitor in passenger, commercial, two-wheeler, and OTR segments. Both companies compete head-to-head across OEM supply and the 4000+ dealer replacement market in India.
• TVS Srichakra Ltd: Indian manufacturer of two-wheeler, three-wheeler, and light commercial tyres under the Eurogrip brand. Direct competitor in JK Tyre's motorcycle/scooter and small commercial vehicle tyre segments.
• Apollo Tyres Ltd: Major Indian tyre manufacturer producing passenger, truck/bus, and off-road tyres with both domestic and European operations (Vredestein). Directly competes with JK Tyre in OEM fitments and replacement channels across India.

Broad incumbents

• Bridgestone India: Subsidiary of global tyre leader Bridgestone Corporation, operating in PCR and TBR segments in India. Comparable in passenger car and commercial vehicle OEM supply though a smaller share of JK Tyre's volume portfolio.
• Continental AG: Global tyre manufacturer with significant presence in passenger car and commercial vehicle tyres across Europe, APAC, and the Americas. Comparable across PCR/TBR product lines and OEM fitments, with broader industrial portfolio.
• Michelin India: Indian arm of global premium tyre leader Michelin, focused on passenger car and truck/bus premium tyres. Comparable to JK Tyre's Levitas premium sub-brand and broader TBR offerings, particularly in higher-end OEM fitments.

Regional players

• Goodyear India: Indian subsidiary of global tyre maker Goodyear focused on passenger car and farm tyres. Comparable in PCR and farm segments served by JK Tyre, providing competitive overlap in Indian OEM and replacement channels.

Emerging players

• Yokohama India: Indian arm of Japanese tyre maker Yokohama, with growing presence in passenger car and SUV/tyre segments. Relevant for high-end SUV and premium PCR competitive dynamics where JK Tyre's Ranger and Levitas sub-brands compete.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• Xx.com/jktyrecorporate
• Facebookfacebook.com/jktyre

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles3 records

Subsidiaries3 records

Funding overview

Funding rounds3 records

Investors2 records

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Investments2 records

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about JK Tyre & Industries