JK Tyre & Industries Moat Analysis: Score & Risks
JK Tyre & Industries Ltd.
A first-pass moat teardown of JK Tyre & Industries Ltd., built from single-pass filing evidence. Free note — provisional, and the full two-pass deep dive may revise it.
First-pass narrow-to-wide read — primary edge in Efficient Scale. Provisional, single-pass evidence.
JK Tyre & Industries Ltd. scores 5.81 on MoatSCORE 6.0 — a narrow-to-wide moat in Auto. This is a first-pass note: the dimensional read and the filing receipts below come from a single GFIP evidence pass, not the full two-pass deep corpus behind our flagship deep dives. Provisional — published free while the deep version is queued.
Seven dimensions of moat
Ordered by contribution. Each dimension carries a verified filing quote, graded [M] mechanism or [O] outcome.
“Total installed capacity increased supported by projects like the Banmore PCR expansion, Laksar TBR enhancement and All-Steel radial capacity additions.”
“Consolidated capacity utilization for the quarter was 83%. The utilization of radial capacities remained strong, ranging between 85-90% at present.”
“During FY26, we have further strengthened our sales network and enhanced our market reach by adding 50+ new brand shops.”
“The company reported an increase of over 22 per cent in its operating profit in FY 16,. This was the result of capacity creation, cost reduction and product mix changes.”
“We have been consistently investing nearly 1.5% of our turnover annually on strengthening our R&D capabilities, which help us to stay ahead of the curve and deliver superior & innovative products to customers.”
“high raw material costs, spillover effects of demonetisation and the ban on sale of non-BS IV vehicles from 1st April 2017”
D8 rating: ADEQUATE. Not part of the moat score — it governs the cost of equity and the fade window. First-pass; not yet deep-reviewed.
The barrier gate — first-pass
Effective barrier 6 — at or above 6, consistent with a narrow-to-wide read. First-pass estimate.
Deep two-pass review. This draft rests on a single GFIP evidence pass; the full 10-year AR + concall corpus may move the read.
The barrier gate. A firmer replication or bypass estimate is the most likely thing to shift the band.
Adverse events. Any governance, regulatory or funding shock captured in D8 could re-rate the fade window.
Where this note fits. This company is one of 509 Indian companies we have scored for moat durability — 370 narrow, 126 narrow-trending-wide, none wide. Every score, dimension by dimension, is free in the Moat Screener.
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