Tyre Companies

JK Tyre share gains 7%, hits 52-week high on strong Q2 results; details

By 12:31 PM, JK Tyre share price was off day's high, but continued to trade 3.20 per cent higher at ₹425.40 per share. In comparison, BSE Sensex was trading 0.45 per cent lower at 84,399.47 levels.

CEAT upgraded to 'Buy': Analysts see Camso deal as long-term game-changer

Analysts see the deal as transformative for CEAT's positioning in the high-margin off-highway tyre (OHT) space, upgrading the stock to a 'Buy'.

Tyre industry set for 7-8% growth in FY26 on strong replacement demand

The domestic tyre industry is likely to register a 7-8 per cent growth in the current fiscal on the back of replacement demand, according to people tracking the sector. JK Tyre & Industries MD Anshuman Singhania said the Indian tyre industry remains an export-heavy manufacturing sector, with outbound shipments surpassing Rs 25,000 crore in FY25. "In FY26, the Indian tyre industry is expected to achieve 7-8 per cent growth on the back of the strong domestic replacement demand despite muted OE (original equipment) offtakes," Singhania said in an analyst call. The growth is attributed to consistent investments in capacity expansion, improvements in manufacturing efficiency and increased focus on enhancing the R&D capabilities, he noted. "With the upcoming festive season, coupled with the benefits of the recent repo rate cuts and favourable monsoon conditions, we expect the consumer sentiments to improve further," Singhania said. Apollo Tyres CFO Gaurav Kumar told analysts that ...

Expect double-digit growth in FY26, rural demand to drive sales: Ceat CEO

Tyre maker CEAT Ltd expects to maintain a double-digit growth this fiscal with domestic replacement segment, specially from rural markets, to drive sales while direct supplies to automobile makers are likely to be muted, according to company MD & CEO Arnab Banerjee. The company is also waiting and watching the tariff situation in the US, a big growth market but not a significant one right now for it, to decide its future course of expansion in the country, he told PTI. "We have started with a double-digit growth in Q1, which we have maintained last year also. We expect to maintain or accelerate that over the next two to three quarters," he said when asked for the outlook of the remainder of the fiscal. In the first quarter ended June 30, 2025 the company's revenue stood at Rs 3,529.4 crore, up 10.5 per cent year-on-year. As for the growth drivers, Banerjee said the two-wheeler replacement segment in the rural market is expected to do well across segments. "On the replacement side,

CEAT falls over 2% on mixed Q1 nos; profit tanks 28%, revenue up 11% YoY

At 10:04 AM, CEAT share was trading 1.46 per cent lower at ₹3,799 per share. In comparison, BSE Sensex was trading 0.39 per cent lower at 81,939.81 levels.

Continental looks to scale up PV biz to align with evolving customer needs

Tyre maker Continental is looking to expand its passenger vehicle and light truck tyres business in India, as it aims to focus on products catering to the robustly growing utility vehicle segment, according to a top company official. The company expects strong growth potential in larger-inch and ultra-high-performance tyres designed for SUVs, 4x4s, and sporty vehicles, aligning seamlessly with current market trends. The tyre maker has lined up a Rs 100 crore investment to expand production capacity at its Modipuram plant in Uttar Pradesh by 'double digits' and to roll out bigger tyres for utility vehicles, which now account for over 60 per cent of the overall annual domestic passenger vehicle segment in India. In an interaction with PTI, Continental Tires India MD Samir Gupta said that with the earmarked capital, the company aims to enhance its overall capabilities to align its portfolio to reflect the evolving lifestyle needs of Indian drivers. "Currently, we can produce up to ...

Tolins Tyres zooms 11% on achieving highest-ever monthly production in May

Tolins Tyres produced a record 816 metric tonnes (MT) during the month, comprising 46,599 units (252 MT) of tyres and 17,714 units (564 MT) of Precured Tread Rubber (PCTR).

CEAT share plunges 7% as Q3 profit tanks 46%; margin squeezes 380 bps

CEAT's consolidated net profit (Bottomline) plunged 46.5 per cent year-on-year (Y-o-Y) to Rs 97.1 crore in the December quarter of financial year 2025 (Q3FY25), from Rs 181.5 crore in Q3FY24

Tyre firms raise prices for third straight quarter to combat rising costs

Both CEAT and JK Tyre maintain that strong demand in the replacement tyre market is helping to cushion the impact of price hikes

JK Tyre & Ind board okays merger with Cavendish Industries; stock gains 3%

The uptick in the JK Tyre & Industries share price came after the company's board approved the merger with Cavendish Industries.

Tolins Tyres garners Rs 69 cr from anchor investors ahead of its IPO

Tolins Tyres Ltd on Friday announced that it has mopped-up Rs 69 crore from anchor investors ahead of its initial share-sale opening for public subscription. BofA Securities Europe SA, NAV Capital VCC, Chhatisgarh Investments, Ashika Global Securities, Moneywise Financial Services, Vikasa India EIF I Fund, Invicta Continuum Fund I and Steptrade Revolution Fund are the anchor investors that have been allotted shares. The company allotted a total 30.53 lakh shares to these investors at Rs 226 apiece, which is also the upper-end of the price band. This aggregates the transaction size to Rs 69 crore, according to a circular uploaded on BSE's website. The company's Rs 230-crore IPO will be open for public subscription during September 9-11. It has fixed a price band of Rs 215 to Rs 226 per share for its initial public offering (IPO). The Kerala-based company's initial share-sale is a combination of fresh issue of equity shares worth Rs 200 crore and an offer-for-sale (OFS) of equity ..

Smooth ride for tyre exporter Balkrishna Industries as peers struggle

Exports and market share gains have helped the company to pull ahead

Goodyear India falls 6% on weak Q4 results; Rs 15 dividend announced

Goodyear India's net loss stood at Rs 4.2 crore in the March quarter of financial year 2024 (Q4FY24), as opposed to net profit of Rs 33.6 crore in the same quarter a year ago (Q4FY23)

India's tyre capacity sufficient, no need for liberalising imports: ATMA

India has sufficient tyre manufacturing capacity and imports should not be liberalised through FTAs by way of duty concessions, industry body Automotive Tyre Manufacturers' Association said on Monday. The automotive tyres rank at the forefront of those sectors where domestic manufacturing capabilities can render imports unnecessary, Automotive Tyre Manufacturers' Association (ATMA) has communicated to the Centre. This was in response to the government seeking feedback about sectors in which India has capabilities to be self-reliant so that upcoming FTAs could be drafted while safeguarding the interests of domestic industry, ATMA said in a statement. The industry body has pointed out that imports should not be liberalised through FTAs by way of duty concessions. India's domestic tyre industry, among the largest in the world, has an annual production exceeding 200 million units across various categories including two-wheelers, passenger vehicles, commercial vehicles, and off-road ...

JK Tyre bolsters retail network with it's new brand shop in Tamil Nadu

Tyre manufacturer JK Tyre and Industries Ltd has inaugurated its brand shop in Tamil Nadu bolstering its retail presence in the country. The new outlet is the 22nd brand shop in Tamil Nadu and it is located on the State Highway 142 on the Perambalur-Thuraiyur Road. The ultra-modern shop has been designed to provide best-in-class customer solutions thereby strengthening JK Tyre's network presence, a company statement said here. The brand shop - Hindustan Tyres - was inaugurated by JK Tyre and Industries Ltd Vice President - Mobility Solutions and Fleet Management, Sanjeev Sharma. The state-of-the-art facility is equipped with highly trained technical advisors, wheel servicing equipment, full range of tyres for commercial vehicles among others. JK Tyres and Industries Ltd has a network of more than 6,000 dealers and over 650 dedicated brand shops across the country.

JK Tyre and Industries Q3 results: Profit rises three-fold to Rs 221 cr

On a sequential basis, the company exhibited a 5.39 per cent decline in revenue along with PAT, which also declined by 8.79 per cent. The EBITDA grew by 61 per cent year-on-year, reaching Rs 563 crore

Ceat Q3 PAT rises 5-fold as margin pressure eases, reaches Rs 181.48 cr

Ceat's share price rose by 4.34 per cent, ending the day's trade at Rs 2,875 apiece on the BSE

JK Tyre successfully raises Rs. 500 cr through QIP for growth initiatives

The funds raised will be utilised for both strengthening the balance sheet and growing capex

Ratings firm Icra expects tyre sector revenues to grow by 7-9% in FY24

Ratings firm Icra on Thursday said it expects a revenue growth of 7-9 per cent for tyre industry in the current fiscal. The rating agency pegs the domestic tyre demand growth at 6-8 per cent for FY2024, supported by stable growth in the replacement segment and sustained demand momentum in the OEM segment, Icra said in a statement. The rating agency noted that it expects the demand momentum in the OEM (Original Equipment Manufacturer) segment to continue in FY2024 with an estimated growth of 8-10 per cent. Replacement demand, which forms around two-thirds of tyre demand, is likely to witness mid-single digit growth in FY2024, it added. "ICRA projects a 7-9 per cent growth in industry revenues for FY2024 with domestic growth outpacing exports," Icra Assistant Vice President and Sector Head Nithya Debbadi said. Segment-wise, commercial vehicles shall benefit from the increasing traction in the infrastructure and construction segments, she added. Strong underlying demand and preferen

Consumer, tyre companies wait for crude derivative prices to ease

The firms also say that while crude oil prices have cooled off, they must sustain at current levels for actual impact to be seen on manufacturing operations