Key Financial Figures (Consolidated)

Financial Year Ended 31st March 2026 (FY26):

  • Revenue from Operations: ₹16,326.65 crore
  • Total Income: ₹16,384.01 crore
  • EBITDA (Operating Profit PBIDT): ₹2,089.00 crore
  • Profit Before Exceptional Items and Tax: ₹1,188.33 crore
  • Exceptional Items: ₹(145.59) crore
  • Profit Before Tax: ₹1,042.74 crore
  • Tax Expense: ₹94.67 crore (Current Tax) + ₹173.88 crore (Deferred Tax)
  • Profit After Tax: ₹774.19 crore
  • Profit After Tax attributable to Owners of the Parent: ₹776.09 crore
  • Earnings Per Share (Basic & Diluted): ₹27.24
  • Paid-up Equity Share Capital: ₹57.66 crore (Face Value ₹2 per share)
  • Other Equity: ₹6,003.16 crore

Quarter Ended 31st March 2026 (Q4 FY26):

  • Revenue from Operations: ₹4,223.44 crore
  • Profit Before Tax: ₹276.51 crore
  • Profit After Tax: ₹187.76 crore
  • Profit After Tax attributable to Owners of the Parent: ₹177.99 crore
  • Earnings Per Share (Basic & Diluted): ₹6.25

Dividend Details

The Board recommended a dividend of ₹4.00 per equity share (200%) for FY26. The dividend, if declared at the ensuing Annual General Meeting (AGM), is planned to be credited/dispatched within two weeks of the AGM.

Amalgamation of Cavendish Industries Ltd (CIL)

The Board had approved the Scheme of Amalgamation of CIL (a subsidiary) with the Company on 16th September 2024, with an Appointed Date of 1st April 2025. The National Company Law Tribunal (NCLT), Jaipur, approved the Scheme vide its Order dated 20th November 2025 (certified copy received on 24th November 2025). The Scheme became effective on 22nd December 2025 upon filing the Order with the Registrar of Companies, Rajasthan.

The amalgamation was accounted for using the pooling of interest method under Ind AS 103. The difference between the Net Identifiable Assets acquired and the consideration paid was recognised as Capital Reserve. Consequently, previous period figures (including Q4 and FY25) have been restated.

On 26th December 2025, the Company allotted 1,42,69,484 equity shares (Face Value ₹2 each) to eligible shareholders of CIL in the swap ratio of 92 equity shares of JK Tyre (₹2 each) for every 100 equity shares of CIL (₹10 each). This increased the issued and paid-up equity share capital from ₹54.80 crores to ₹57.66 crores.

Exceptional Items

Exceptional items for Q4 and FY26 included:

  • Foreign exchange loss: ₹18.03 crore (Q4) and ₹25.95 crore (FY26)
  • VRS expense: ₹28.41 crore (Q4) and ₹30.16 crore (FY26)
  • Stamp duty expense: Nil (Q4) and ₹32.50 crore (FY26) pursuant to the CIL amalgamation
  • Provision for retiral obligations due to new Labour Codes: ₹0.23 crore (Q4) and ₹56.98 crore (FY26)

The Government of India notified the four Labour Codes effective from 21st November 2025. The provision was based on draft Central Rules and FAQs from the Ministry of Labour & Employment and disclosed as an Exceptional Item following ICAI guidance.

Segment-wise Performance (Consolidated)

Revenue Breakdown (FY26):

  • India: ₹14,614.08 crore
  • Mexico: ₹2,137.13 crore
  • Others: ₹2.47 crore

Profit Before Finance Costs, Exceptional Items & Tax (FY26):

  • India: ₹1,541.56 crore
  • Mexico: ₹75.61 crore
  • Others: ₹(0.37) crore

Cash Flow (Consolidated FY26)

  • Net Cash from Operating Activities: ₹1,443.84 crore
  • Net Cash used in Investing Activities: ₹(626.67) crore
  • Net Cash used in Financing Activities: ₹(782.72) crore
  • Net increase in Cash and Cash Equivalents: ₹34.45 crore

Other Information

  • The Company has 15 subsidiaries and 4 associates as of 31 March 2026.
  • The results were reviewed by the Audit Committee and approved by the Board on 26th May 2026.
  • Figures for previous periods have been regrouped/rearranged where necessary.
  • The results were published in newspapers as per Listing Regulations.