1. India Stocks

  2. •

    Consumer durables

  3. •

    Automotive aftermarket
MRF Limited

MRF Limited

118,282.00
INR
-586.95
(-0.49%)
5,694.38EPS
22.45P/E
542.26BMarket Cap
Nov 06Next Earn
MRF Limited
BSE:MRF
(Bombay Stock Exchange)

Recent

price

118,282.00

P/E

ratio

22.45

div

yld

- -

ROIC.AI

2010
2011
2012
2013
2014
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
17,612.59
23,052.28
28,199
28,859.79
31,412.62
- -
31,469.02
35,153.14
37,712.03
38,108.01
37,906.46
44,863.26
53,878.31
58,971.86
65,960.52
72,932.39
75,189.3
Revenue per Share
842.96
1,458.97
1,366.14
1,906.56
2,141.69
- -
3,504.29
2,668.17
2,665.79
3,354.19
3,011.15
1,577.97
1,813.05
4,907.24
4,416.92
5,720.37
5,694.38
Basic EPS, GAAP
-1,677.43
-1,160.02
975.21
2,477.45
1,068.84
- -
1,384.49
1,995.29
-1,676.22
-1,134.43
8,186.1
-5,387.75
-1,263.27
2,687.62
1,309.34
7,441.51
- -
Free Cash Flow per Basic Share
- -
57.56
29.05
29.12
35.16
- -
120.37
72.22
72.34
60.01
100
150.01
150.01
175
199.99
234.98
- -
Dividend per Share
3,981.07
5,409.25
6,746.01
8,619
11,222.19
- -
20,373.66
22,961.24
25,552.9
28,800.51
31,627.49
33,084.83
34,678.53
39,383.23
43,879.11
49,454.97
- -
Book Value per Share
3,972.09
5,400.27
6,731.7
8,606.15
11,205.47
- -
20,342.46
22,920.05
25,514.63
28,733.34
31,570.12
33,034.77
34,617.37
39,322.54
43,828.82
49,403.33
- -
Tangible Book Value per Share
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
4
Basic Weighted Avg Shares
74,698
97,768
119,596
122,399
133,225
- -
133,465
149,090
159,942
161,622
160,767
190,272
228,506
250,108
279,748
309,317
318,889
Sales/Revenue/Turnover
7.81
6
8.39
11.88
11.77
- -
15.84
11.2
10.31
9.13
11.85
5.04
5.26
11.59
8.99
10.42
9.56
Operating Margin (%)
2,615
2,482
3,018
3,737
4,239
- -
6,106
7,067
8,076
9,823
11,408
12,051
12,531
14,300
16,536
17,536
17,725
Depreciation Expense
3,575
6,188
5,794
8,086
9,083
- -
14,862
11,316
11,306
14,226
12,771
6,692
7,689
20,812
18,733
24,261
24,151
Net Income, GAAP
33.56
30.72
31.29
34.55
32.87
- -
29.54
31.53
31.57
0.81
26.47
26.29
28.12
25.33
24.56
24.71
24.42
Effective Tax Rate (%)
4.79
6.33
4.84
6.61
6.82
- -
11.14
7.59
7.07
8.8
7.94
3.52
3.37
8.32
6.7
7.84
7.57
Profit Margin (%)
11,265
9,688
16,729
23,801
18,047
- -
28,116
32,846
29,994
28,988
30,951
33,069
17,459
28,395
45,465
58,102
- -
Working Capital
13,080
9,614
11,026
9,524
11,908
- -
12,383
13,193
10,553
11,065
11,244
11,681
13,322
13,793
11,297
8,953
- -
LT Debt
16,885
22,942
28,612
36,555
47,596
- -
86,409
97,383
108,375
122,148
134,138
140,319
147,078
167,032
186,099
209,748
- -
Total Equity
15.59
20.61
16.69
18.72
17.21
- -
- -
9.96
8.9
10.53
9.23
4.23
4.91
11.56
9.05
10.29
- -
Return on Invested Capital (%)
16.07
20.51
16.63
18.99
17.78
- -
- -
11.4
10.41
12.32
9.77
5.18
5.71
12.59
10.23
11.58
- -
Return on Capital (%)
23.49
31.07
22.48
24.82
21.59
- -
- -
12.31
10.99
12.34
9.97
4.88
5.35
13.25
10.61
12.26
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
23,114
- -
LT Borrowings
- -
1,760
- -
LT Finance Leases
- -
7,193
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
4
4
4
Market Capitalization
647,883
544,639
542,256

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
148,165
- -
Cash, Cash Equivalents & STI
- -
52,285
- -
Accounts Receivable, Net
- -
35,416
- -
Inventories
- -
54,168
- -
Total Current Liabilities
- -
90,063
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
23,114
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
- -
9.43%
12.71%
Free Cash Flow
- -
-27.61%
468.34%
Net Income, GAAP
- -
31.5%
29.51%
Sales/Revenue/Turnover
- -
14.06%
10.57%
Total Cash Common Dividend
- -
- -
17.5%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
71,965
68,811
70,008
70,748
279,748
2026
76,756
73,787
80,504
80,442
309,317
2027
84,155
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
1,346.38
1,109.85
743.8
1,203.68
4,416.92
2026
1,183.22
1,239.38
1,631.23
1,655.8
5,720.37
2027
1,167.97
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
199.99
2026
- -
- -
- -
- -
234.98
2027
- -
- -
- -
- -
- -
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Business
MRF Limited (NSE: MRF.NS) manufactures and markets automotive tires, tubes, and related products for passenger cars, trucks, buses, two-wheelers, and off-road vehicles. The company offers a comprehensive range of tires including radial passenger car tires under brands like ZVTS, ZLX, Perfinza, and Zapper; truck and bus radials such as Steel Master and Super Steel; two-wheeler tires like Nyloplus and Z4; and specialty products like OTR tires for earthmovers, agricultural tires, and conveyor belts; along with tire tubes, flaps, and retreading solutions. Headquartered in Chennai, India, and founded in 1946 as Madras Rubber Factory, MRF operates manufacturing facilities across India and exports to over 65 countries in Asia, Europe, Africa, North America, and Latin America, serving original equipment manufacturers, replacement markets, and industrial segments. In recent developments, MRF expanded its production capacity with a new greenfield plant in Dahej, Gujarat, commissioned in 2023 to boost truck and bus radial tire output; formed a strategic technical collaboration with Michelin in 2024 for advanced manufacturing technologies; and reported record revenues in FY2025 driven by export growth and premium product launches like the next-generation Wanderer SUV tire series.