JK Tyre & Industries (530007) Q4 24/25 earnings summary

Executive summary

• Q4 FY25 consolidated revenue was INR 3,780 crores, up 2% YoY, with EBITDA at INR 384 crores and margin at 10.2%.

• FY25 consolidated revenue was INR 14,772 crores, down 2% YoY, with EBITDA at INR 1,678 crores and margin at 11.4%.

• FY25 profit after tax was INR 516 crores, with EPS at INR 18.07.

• Board recommended a dividend of INR 3 per equity share (150%) for FY25.

• Audited results for FY25 were approved with an unmodified opinion from auditors.

Financial highlights

• Q4 exports were INR 513 crores; full-year exports reached INR 2,378 crores.

• Net debt reduced to INR 4,081 crores from INR 4,319 crores in the previous quarter.

• Leverage ratios: net debt to equity at 0.82x, net debt to EBITDA at 2.4x as of March 31, 2025.

• FY25 standalone revenue was INR 10,244.66 crores, with net profit at INR 385.23 crores.

• Q4 FY25 PAT at INR 102 crores, up 79% sequentially but down 41% YoY.

Outlook and guidance

• Auto sector expected to grow 6%-8% in FY26, supported by infrastructure revival and rising incomes.

• Mexico business expects improved performance in FY26 as tariff uncertainties ease.

• CapEx outlay for FY26 is projected at INR 900 crores, with no new major expansions planned.

• Focus on sustainable growth, product innovation, and expanding global footprint.

• Ongoing CCI litigation poses a contingent liability; no provision made as company expects favorable outcome.