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Indian (NIFTY) Tires and Rubber Industry Analysis
UpdatedSep 18, 2025
DataAggregated Company Financials
Companies16
- 7D3.5%
- 3M5.9%
- 1Y-3.9%
- YTDn/a
Over the last 7 days, the Tires and Rubber industry has risen 3.1%, driven by gains in Balkrishna Industries and MRF of 5.5% and 3.4%, respectively. In contrast, the industry has lost 5.1% in the last 12 months. As for the next few years, earnings are expected to grow by 22% per annum.
Industry Valuation and Performance
Has the Indian Tires and Rubber Industry valuation changed over the past few years?
| Date | Market Cap | Revenue | Earnings | PE | Absolute PE | PS |
|---|---|---|---|---|---|---|
| Thu, 18 Sep 2025 | ₹1.7t | ₹1.0t | ₹51.5b | 34.4x | 34x | 1.7x |
| Sat, 16 Aug 2025 | ₹1.6t | ₹1.0t | ₹51.5b | 32.3x | 31.3x | 1.6x |
| Mon, 14 Jul 2025 | ₹1.8t | ₹1.0t | ₹58.1b | 31.5x | 30.4x | 1.8x |
| Wed, 11 Jun 2025 | ₹1.7t | ₹1.0t | ₹58.1b | 30.3x | 29.4x | 1.7x |
| Fri, 09 May 2025 | ₹1.7t | ₹984.5b | ₹60.5b | 32.5x | 28.8x | 1.8x |
| Sun, 06 Apr 2025 | ₹1.5t | ₹980.3b | ₹60.6b | 28.4x | 24.2x | 1.5x |
| Tue, 04 Mar 2025 | ₹1.4t | ₹980.3b | ₹60.6b | 29.7x | 23.5x | 1.5x |
| Thu, 30 Jan 2025 | ₹1.6t | ₹968.1b | ₹66.2b | 30.3x | 23.5x | 1.6x |
| Sat, 28 Dec 2024 | ₹1.8t | ₹961.6b | ₹65.6b | 33.1x | 27.2x | 1.9x |
| Mon, 25 Nov 2024 | ₹1.7t | ₹959.9b | ₹65.5b | 32.8x | 25.6x | 1.7x |
| Wed, 23 Oct 2024 | ₹1.7t | ₹951.3b | ₹70.0b | 31x | 24.8x | 1.8x |
| Fri, 20 Sep 2024 | ₹1.8t | ₹948.4b | ₹70.8b | 33.1x | 25.9x | 1.9x |
| Sun, 18 Aug 2024 | ₹1.7t | ₹946.2b | ₹70.6b | 33.4x | 24.7x | 1.8x |
| Tue, 16 Jul 2024 | ₹1.8t | ₹929.4b | ₹69.7b | 30.6x | 26.3x | 2x |
| Thu, 13 Jun 2024 | ₹1.8t | ₹933.1b | ₹69.7b | 27.9x | 25.2x | 1.9x |
| Sat, 11 May 2024 | ₹1.6t | ₹923.8b | ₹68.3b | 27.4x | 23.4x | 1.7x |
| Mon, 08 Apr 2024 | ₹1.6t | ₹917.6b | ₹68.0b | 28.7x | 24x | 1.8x |
| Wed, 06 Mar 2024 | ₹1.7t | ₹917.6b | ₹68.0b | 30.6x | 25.5x | 1.9x |
| Fri, 02 Feb 2024 | ₹1.7t | ₹911.9b | ₹60.9b | 33.9x | 28.6x | 1.9x |
| Sun, 31 Dec 2023 | ₹1.6t | ₹908.5b | ₹57.4b | 33.2x | 28.2x | 1.8x |
| Tue, 28 Nov 2023 | ₹1.5t | ₹908.5b | ₹57.4b | 28.9x | 25.8x | 1.6x |
| Thu, 26 Oct 2023 | ₹1.4t | ₹900.5b | ₹47.9b | 25.5x | 29.8x | 1.6x |
| Sat, 23 Sep 2023 | ₹1.4t | ₹903.0b | ₹46.3b | 27.1x | 30.5x | 1.6x |
| Mon, 21 Aug 2023 | ₹1.4t | ₹902.9b | ₹46.3b | 28.6x | 30.1x | 1.5x |
| Wed, 19 Jul 2023 | ₹1.4t | ₹896.5b | ₹36.4b | 32.2x | 38.1x | 1.5x |
| Fri, 16 Jun 2023 | ₹1.3t | ₹900.7b | ₹36.4b | 33.1x | 36.5x | 1.5x |
| Sun, 14 May 2023 | ₹1.3t | ₹897.6b | ₹36.6b | 36.5x | 34.4x | 1.4x |
| Tue, 11 Apr 2023 | ₹1.1t | ₹878.8b | ₹30.6b | 32.7x | 35.8x | 1.2x |
| Thu, 09 Mar 2023 | ₹1.1t | ₹878.8b | ₹30.6b | 34.4x | 36.7x | 1.3x |
| Sat, 04 Feb 2023 | ₹1.2t | ₹856.0b | ₹31.7b | 31.6x | 38.1x | 1.4x |
| Mon, 02 Jan 2023 | ₹1.2t | ₹852.8b | ₹31.1b | 28.5x | 37.3x | 1.4x |
| Wed, 30 Nov 2022 | ₹1.2t | ₹852.8b | ₹31.1b | 27.7x | 37.6x | 1.4x |
| Fri, 28 Oct 2022 | ₹1.1t | ₹814.8b | ₹31.4b | 32.5x | 34.5x | 1.3x |
| Sun, 25 Sep 2022 | ₹1.1t | ₹814.8b | ₹31.4b | 31.8x | 33.6x | 1.3x |
Price to Earnings Ratio
33.6x
Current Industry PE
- Investors are optimistic on the Indian Tires and Rubber industry, and appear confident in long term growth rates.
- The industry is trading at a PE ratio of 33.9x which is higher than its 3-year average PE of 29.7x.
- The industry is trading close to its 3-year average PS ratio of 1.6x.
Past Earnings Growth
- The earnings for companies in the Tires and Rubber industry have grown 18% per year over the last three years.
- Revenues for these companies have grown 7.6% per year.
- This means that more sales are being generated by these companies overall, and subsequently their profits are increasing too.
Industry Comparison
How does Indian Tires and Rubber compare with similar industries?
| IN Market | 1.75% | |
| Consumer Discretionary | 1.46% | |
| Auto Components | 2.72% | |
| Tires and Rubber | 3.46% | |
| Auto Parts and Equipment | 2.58% | |
Industry PEThere are no additional sub-industries under this industry.
Forecasted GrowthThere are no additional sub-industries under this industry.
Top Stock Gainers and Losers
Which companies have driven the market over the last 7 days?
| Company | Last Price | 7D | 1Y | Valuation | |
|---|---|---|---|---|---|
| 502355 Balkrishna Industries | ₹2.51k | 5.5% +₹25.2b | -17.3% | PE33.4x | |
| MRF MRF | ₹150.23k | 3.4% +₹21.1b | 11.9% | PE35.4x | |
| 530007 JK Tyre & Industries | ₹377.05 | 5.9% +₹5.7b | -11.8% | PE23x | |
| APOLLOTYRE Apollo Tyres | ₹483.45 | 0.8% +₹2.5b | -5.4% | PE36.9x | |
| 500878 CEAT | ₹3.43k | 1.6% +₹2.1b | 16.6% | PE32.2x |