₹404 - That's What Analysts Think JK Tyre & Industries Limited (NSE:JKTYRE) Is Worth After These Results

Explore JK Tyre & Industries's Fair Values from the Community and select yours

Shareholders might have noticed that JK Tyre & Industries Limited (NSE:JKTYRE) filed its quarterly result this time last week. The early response was not positive, with shares down 3.9% to ₹314 in the past week. JK Tyre & Industries reported in line with analyst predictions, delivering revenues of ₹39b and statutory earnings per share of ₹18.05, suggesting the business is executing well and in line with its plan. This is an important time for investors, as they can track a company's performance in its report, look at what experts are forecasting for next year, and see if there has been any change to expectations for the business. We've gathered the most recent statutory forecasts to see whether the analysts have changed their earnings models, following these results.

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Taking into account the latest results, the consensus forecast from JK Tyre & Industries' six analysts is for revenues of ₹158.4b in 2026. This reflects a credible 6.1% improvement in revenue compared to the last 12 months. Per-share earnings are expected to surge 67% to ₹27.37. In the lead-up to this report, the analysts had been modelling revenues of ₹158.1b and earnings per share (EPS) of ₹27.42 in 2026. So it's pretty clear that, although the analysts have updated their estimates, there's been no major change in expectations for the business following the latest results.

View our latest analysis for JK Tyre & Industries

The consensus price target rose 9.6% to ₹404despite there being no meaningful change to earnings estimates. It could be that the analystsare reflecting the predictability of JK Tyre & Industries' earnings by assigning a price premium. There's another way to think about price targets though, and that's to look at the range of price targets put forward by analysts, because a wide range of estimates could suggest a diverse view on possible outcomes for the business. Currently, the most bullish analyst values JK Tyre & Industries at ₹460 per share, while the most bearish prices it at ₹316. This shows there is still a bit of diversity in estimates, but analysts don't appear to be totally split on the stock as though it might be a success or failure situation.

Of course, another way to look at these forecasts is to place them into context against the industry itself. We would highlight that JK Tyre & Industries' revenue growth is expected to slow, with the forecast 8.2% annualised growth rate until the end of 2026 being well below the historical 12% p.a. growth over the last five years. Compare this to the 128 other companies in this industry with analyst coverage, which are forecast to grow their revenue at 8.8% per year. So it's pretty clear that, while JK Tyre & Industries' revenue growth is expected to slow, it's expected to grow roughly in line with the industry.

The Bottom Line

The most important thing to take away is that there's been no major change in sentiment, with the analysts reconfirming that the business is performing in line with their previous earnings per share estimates. They also reconfirmed their revenue estimates, with the company predicted to grow at about the same rate as the wider industry. We note an upgrade to the price target, suggesting that the analysts believes the intrinsic value of the business is likely to improve over time.

With that said, the long-term trajectory of the company's earnings is a lot more important than next year. At Simply Wall St, we have a full range of analyst estimates for JK Tyre & Industries going out to 2028, and you can see them free on our platform here..

Don't forget that there may still be risks. For instance, we've identified 3 warning signs for JK Tyre & Industries (1 can't be ignored) you should be aware of.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.