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Indian (NIFTY) Tires and Rubber Industry Analysis
UpdatedApr 08, 2026
DataAggregated Company Financials
Companies16
- 7D1.2%
- 3M-15.4%
- 1Y6.5%
- YTDn/a
In the last week, Tires and Rubber has been flat. As for the the longer term, the industry is up 8.0% over the past 12 months. Looking forward, earnings are forecast to grow by 21% annually.
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 |
|---|---|---|---|---|---|---|
| Wed, 08 Apr 2026 | ₹1.5t | ₹1.1t | ₹59.2b | 26.3x | 25.9x | 1.4x |
| Fri, 06 Mar 2026 | ₹1.7t | ₹1.1t | ₹59.2b | 28x | 28x | 1.6x |
| Sun, 01 Feb 2026 | ₹1.7t | ₹1.0t | ₹52.3b | 31.9x | 32.4x | 1.6x |
| Tue, 30 Dec 2025 | ₹1.8t | ₹1.0t | ₹52.4b | 32.5x | 33.7x | 1.7x |
| Thu, 27 Nov 2025 | ₹1.8t | ₹1.0t | ₹52.4b | 33.9x | 34.4x | 1.7x |
| Sat, 25 Oct 2025 | ₹1.8t | ₹1.0t | ₹52.1b | 35.8x | 34.8x | 1.8x |
| Mon, 22 Sep 2025 | ₹1.7t | ₹1.0t | ₹51.5b | 34.4x | 33.9x | 1.7x |
| Wed, 20 Aug 2025 | ₹1.7t | ₹1.0t | ₹51.5b | 33.4x | 32.7x | 1.7x |
| Fri, 18 Jul 2025 | ₹1.8t | ₹1.0t | ₹58.1b | 32.5x | 31x | 1.8x |
| Sun, 15 Jun 2025 | ₹1.7t | ₹1.0t | ₹58.1b | 30x | 28.9x | 1.7x |
| Tue, 13 May 2025 | ₹1.8t | ₹992.0b | ₹61.7b | 31.9x | 28.4x | 1.8x |
| Thu, 10 Apr 2025 | ₹1.4t | ₹980.3b | ₹60.6b | 28.8x | 23.6x | 1.5x |
| Sat, 08 Mar 2025 | ₹1.5t | ₹980.3b | ₹60.6b | 28.8x | 24.1x | 1.5x |
| Mon, 03 Feb 2025 | ₹1.6t | ₹968.1b | ₹66.2b | 30.4x | 23.8x | 1.6x |
| Wed, 01 Jan 2025 | ₹1.8t | ₹961.6b | ₹65.6b | 33.5x | 27.1x | 1.9x |
| Fri, 29 Nov 2024 | ₹1.7t | ₹959.9b | ₹65.5b | 32.3x | 25.8x | 1.8x |
| Sun, 27 Oct 2024 | ₹1.7t | ₹952.9b | ₹70.0b | 29.6x | 24.1x | 1.8x |
| Tue, 24 Sep 2024 | ₹1.8t | ₹948.4b | ₹70.8b | 33.2x | 25.8x | 1.9x |
| Thu, 22 Aug 2024 | ₹1.8t | ₹946.1b | ₹70.6b | 33.5x | 25.2x | 1.9x |
| Sat, 20 Jul 2024 | ₹1.8t | ₹929.4b | ₹69.7b | 30.5x | 25.8x | 1.9x |
| Mon, 17 Jun 2024 | ₹1.8t | ₹932.9b | ₹69.7b | 29.1x | 25.2x | 1.9x |
| Wed, 15 May 2024 | ₹1.6t | ₹924.6b | ₹68.3b | 27.5x | 23.4x | 1.7x |
| Fri, 12 Apr 2024 | ₹1.6t | ₹917.6b | ₹68.0b | 30.2x | 24.1x | 1.8x |
| Sun, 10 Mar 2024 | ₹1.7t | ₹917.6b | ₹68.0b | 30.3x | 25x | 1.9x |
| Tue, 06 Feb 2024 | ₹1.7t | ₹910.9b | ₹60.8b | 33.6x | 28.6x | 1.9x |
| Thu, 04 Jan 2024 | ₹1.6t | ₹908.5b | ₹57.4b | 33.1x | 28.1x | 1.8x |
| Sat, 02 Dec 2023 | ₹1.5t | ₹908.5b | ₹57.4b | 29.7x | 26.2x | 1.7x |
| Mon, 30 Oct 2023 | ₹1.4t | ₹899.7b | ₹48.0b | 27x | 29.8x | 1.6x |
| Wed, 27 Sep 2023 | ₹1.4t | ₹903.0b | ₹46.3b | 27x | 30.6x | 1.6x |
| Fri, 25 Aug 2023 | ₹1.4t | ₹902.9b | ₹46.3b | 28.9x | 30.3x | 1.6x |
| Sun, 23 Jul 2023 | ₹1.4t | ₹896.5b | ₹36.4b | 31.9x | 38.3x | 1.6x |
| Tue, 20 Jun 2023 | ₹1.3t | ₹900.7b | ₹36.4b | 32.2x | 36.5x | 1.5x |
| Thu, 18 May 2023 | ₹1.3t | ₹897.6b | ₹36.6b | 36.1x | 34.5x | 1.4x |
| Sat, 15 Apr 2023 | ₹1.1t | ₹878.8b | ₹30.6b | 33.6x | 36.8x | 1.3x |
Price to Earnings Ratio
36.8x
Current Industry PE
- Investors are pessimistic on the Indian Tires and Rubber industry, indicating that they anticipate long term growth rates will be lower than they have historically.
- The industry is trading at a PE ratio of 25.8x which is lower than its 3-year average PE of 29.0x.
- The 3-year average PS ratio of 1.7x is higher than the industry's current PS ratio of 1.4x.
Past Earnings Growth
- The earnings for companies in the Tires and Rubber industry have grown 25% per year over the last three years.
- Revenues for these companies have grown 6.7% 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 | 4.18% | |
| Consumer Discretionary | 3.95% | |
| Auto Components | 3.16% | |
| Tires and Rubber | 1.18% | |
| Auto Parts and Equipment | 3.49% | |
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 | ₹2.13k | 2.1% +₹8.4b | -8.4% | PE31.3x | |
| 500878 CEAT | ₹3.39k | 4.6% +₹6.0b | 25.9% | PE24.8x | |
| 530007 JK Tyre & Industries | ₹392.90 | 3.1% +₹3.4b | 44.0% | PE16.6x | |
| 509243 TVS Srichakra | ₹3.52k | 9.5% +₹2.3b | 41.5% | PE60.2x | |
| 500168 Goodyear India | ₹713.15 | 7.4% +₹1.1b | -14.2% | PE29x |
