JK Tyre & Industries Limited — Investor Meet, 26-05-2025: Analysts/Institutional Investor Meet/Con. Call Updates

JK Tyre reported Q4 consolidated revenues of Rs.3,780 Cr, up 2% YoY, with EBITDA rising 15% QoQ to Rs.384 Cr and margin expansion to 10.2%. PAT was Rs.102 Cr for the quarter. Replacement volumes surged—PCR +23%, TBR +18% YoY. Exports grew 4% QoQ. JK Tornel's revenue fell 18% YoY due to currency and tariffs but sees growth from a USD 27 Mn capacity boost. Cavendish sales grew 18% in Q4. Raw material costs eased ~2.5% QoQ, aiding margin outlook. Capex guidance is Rs.900 Cr for FY26 with focus on premiumization, EV segments, and R&D. Net debt improved to Rs.4,081 Cr amid steady leverage.