JK Tyre & Industries Ltd
NSE: JKTYRE BSE: 530007
₹557.70
(-1.80%)
Wed, 25 Feb 2026, 03:04 pm
Market Cap163.68B
PE Ratio22.36
Dividend0.53
Consumer Durables
Automotive Aftermarket
24.5KCompany History
1951
- Incorporated as private limited company in West Bengal on 14 February.
1970
- Ceased managing agency business on 31 March.
1972
- Obtained letter of intent in February for automobile tyres and tubes manufacture.
1973
- Entered technical collaboration with General Tire International Co., USA, effective 23 August.
1974
- Letter of intent converted to industrial licence in February for 400,000 tyres and tubes annually.
- Converted to public limited company on 1 April.
- Manufacturing project promoted by Straw Products Ltd and J.K. Synthetics Ltd.
1982
- Renewed technical collaboration with General Tire International Co. for 5 years.
1987
- Achieved profits despite 51-day strike from 14 October, resolved amicably.
- Efforts to launch steel belted radial tyre pattern.
1988
- Introduced steel radial tyres for Maruti Gypsy and Tata Mobile.
- Proposed Rs 300 lakhs for R&D equipment installation.
1989
- Introduced new tyre patterns including semi-lug Nylon Truck tyre.
1991
- Subsidiaries: Handeep Investment Ltd., Hidrive Finance Ltd., Panchanan Investment Ltd., Radial Finance Ltd., J.K. International Ltd., Shivdham Properties Ltd., J.K. Asia Pacific Ltd.
1992
- Opened J.K. International office in Moscow.
- Started subsidiaries in UK and Hong Kong.
- Radial tractor tyres launched previous year well received.
1993
- Introduced radial tyres 'Brute' and 'Ultima'.
- Developed steel belted radials for Mercedes Benz, Peugeot, Daewoo, Opel Astra.
- Introduced 'PE-T8' pattern for buses and trucks.
1994
- Achieved higher capacity utilisation at Jaykaygram and Banmore plants.
- Launched T-rated Ultima tyres for DCM Daewoo Ceilo.
- JK Steel radial selected for Mercedes Benz India.
- Launched premium truck tyre 'Jet Trak 39'.
- Launched tractor rear tyre 'SONA'.
1996
- Launched 'Jet Drive XS' car tyre for Maruti 800.
- Introduced new truck tyres including 'Jet Trak 39' for heavy loads.
- Launched 'Ultima XR Radial' terrain tyre.
- Introduced Aquasonic steel radial car tyre.
- Developed H-rated 'Ultima XS' for Mercedes-Benz.
2000
- Proposed debt reduction of Rs 125 crore from Rs 635 crore.
- Entered marketing alliance with Indian Oil Corporation.
2001
- Raghupati Singhania appointed Chairman of Automotive Tyre Manufacturers Association.
2002
- CRISIL assigned P1+ rating to commercial paper programme.
2003
- Appointed Ajay Kapila as Marketing Director.
- Completed de-merger of sugar and agri seeds into JK Sugar Ltd and JK Agri-Genetics Ltd.
- Merged Vikrant Tyres Ltd.
- Delisted from Jaipur Stock Exchange.
- Divested JK Drugs and Pharmaceuticals Ltd to TEVA Pharmaceuticals.
2004
- Delisted from Delhi Stock Exchange effective 29 January.
2007
- Changed name from JK Industries Ltd to JK Tyre & Industries Ltd effective 2 April.
2008
- Issued rights in 1:3 ratio at Rs 75 premium per share.
2013
- Vikrant Tyre Plant won Golden Peacock HR Excellence Award.
- Launched integrated brand campaign.
2014
- Chosen as Superbrand.
- Received SAP ACE award.
- UX1 won Auto Bild Advisor Product of the Year.
- Split face value from Rs 10 to Rs 2.
- Shifted registered office to Jaykaygram, Kankroli, Rajasthan.
2015
- Won ICOTY and IMOTY Awards.
- Received Brand of the Year award from World Branding Forum.
2016
- Received CCI approval for Cavendish acquisition.
- Unveiled 10 millionth truck radial tyre from Vikrant plant.
- Completed acquisition of Laksar Tyre unit from Kesoram Industries.
2017
- Tied up with Suzuki for two-wheeler racing.
- Strengthened two-wheeler tyres presence with BLAZE.
2018
- Launched 'MINE Champion' in OTR tyre segment.
- Inaugurated Global Research & Technology Centre at Mysore.
- Awarded by Brand Vision Summit.
2019
- Launched fuel efficient radial tyres XF Series.
- Launched 23.1-26 size V-Compact Tyre at Excon.
- Opened 500th brand shop.
- Inaugurated 'JK Truck Wheel Centre' in Vijayawada.
- Opened 5th Xpresswheel with farm tyres facilities in Deesa.
2020
- Received CII recognition for sustainable manufacturing practices.
- Announced OEM association with Kia Motors India for Seltos.
- Launched Smart Range of tyres on Amazon.in.
- Rolled out 20 millionth truck/bus radial tyre.
- Developed and produced 'Total Control Hand Sanitizer'.
2021
- Launched TVC campaign 'Smart Tyre - Tyre With A Brain'.
- Became tyre partner for Hyundai Alcazar.
- Announced JK Cares Program.
- Entered partnership with JBM Auto Ltd.
- Tied up with Car Dekho and Auto Brix for JK Tyre Man.
2022
- Introduced 'Puncture Guard Tyre'.
- Expanded OTR range with 4 new tyres at Excon 2021.
- Secured 'Best in Class' rating in ESG performance.
2023
- Strengthened OTR tyre segment with 3 new tyres launched at Bauma Conexpo.
- Launched 'Xtra-Fuel Efficient' tyres.
- Launched premium tyre brand 'Levitas Ultra' and expanded in luxury car segment.
- Celebrated 19th ICOTY and 17th IMOTY awards.
2024
- Expanded product line with next-generation tyres for commercial vehicles.
- Became first Indian tyre manufacturer with ISCC Plus Certification for Chennai Plant.
- Partnered with EKA Mobility for comprehensive mobility solutions.
- Honoured with ICC Social Impact Award for Water Conservation Initiative.
- Introduced Shiksha Sarthi Scholarship Programme.
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