MRF Ltd (MRF)
₹1,30,755.00
Mkt cap
₹55,455 Cr
P/E ratio
22.40
P/B
2.64
Div yield
0.18%
ROE
12.50%
ROCE
15.70%
EPS (TTM)
₹5,837.28
Book value
₹49,455
52W range
1,22,595–1,62,295
Sector
Consumer Discretionary
Madras Rubber Factory Limited (MRF) is the parent company of the MRF Group. The Co is engaged in the business of manufacturing tyres [1]
Health check
Cautious
ValuationFair
ProfitabilityAverage
GrowthModerate
TechnicalsBearish
52-week range
−19.43% from high₹1,30,755
₹1,22,595+6.66% from low₹1,62,295
Current
₹1,30,755.00
Prev close
₹1,30,950.00
Day
−0.15%
Price performance
1D
−0.15%
1W
−1.54%
1M
+0.93%
3M
−1.05%
6M
−8.71%
1Y
−13.14%
YTD
−13.23%
Financials
FRevenue, profit & margin
P/E ratio
22.4×
MRF is 7% below the sector median of 24.1×
MRF22.4×
Sector median24.1×
| Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Trend | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 5,842 | 6,440 | 6,217 | 6,162 | 6,349 | 7,196 | 6,881 | 7,001 | 7,075 | 7,676 | 7,379 | 8,050 | 8,044 | |
| Expenses | 4,988 | 5,310 | 5,060 | 5,108 | 5,437 | 6,037 | 5,870 | 6,166 | 6,000 | 6,604 | 6,253 | 6,651 | 6,739 | |
| Operating Profit | 854 | 1,130 | 1,157 | 1,055 | 912 | 1,160 | 1,011 | 835 | 1,074 | 1,071 | 1,126 | 1,400 | 1,305 | |
| OPM % | 15% | 18% | 19% | 17% | 14% | 16% | 15% | 12% | 15% | 14% | 15% | 17% | 16% | |
| Other Income | 70 | 75 | 71 | 78 | 94 | 84 | 113 | 98 | 115 | 126 | 108 | 50 | 153 | |
| Interest | 92 | 84 | 86 | 90 | 93 | 85 | 84 | 94 | 98 | 98 | 90 | 91 | 86 | |
| Depreciation | 330 | 333 | 351 | 360 | 385 | 396 | 410 | 415 | 433 | 429 | 445 | 438 | 442 | |
| Profit before tax | 501 | 787 | 791 | 682 | 527 | 763 | 631 | 424 | 659 | 670 | 699 | 920 | 930 | |
| Tax % | 32% | 25% | 26% | 25% | 25% | 25% | 25% | 26% | 23% | 25% | 25% | 25% | 24% | |
| Net Profit | 341 | 589 | 587 | 510 | 396 | 571 | 471 | 315 | 510 | 500 | 526 | 695 | 702 | |
| EPS in Rs | 803.19 | 1,388.20 | 1,383.27 | 1,201.83 | 933.96 | 1,346.40 | 1,109.85 | 743.79 | 1,203.70 | 1,180.05 | 1,239.40 | 1,637.78 | 1,655.82 | |
| Raw PDF |
Earnings
EResults dates & reactionsNo upcoming results date on calendar.
Fresh quarters land in the Financials table above, tagged NSE until screener catches up.
Avg earnings-day move +0.19% · closed higher next day 17 of last 39
| Q1FY24 | Q2FY24 | Q3FY24 | Q4FY24 | Q1FY25 | Q2FY25 | Q3FY25 | Q4FY25 | Q1FY26 | Q2FY26 | Q3FY26 | Q4FY26 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Broadcast | 3 Aug '23◦ | 3 Nov '23◦ | 9 Feb '24◦ | 3 May '24◦ | 8 Aug '24◦ | 8 Nov '24◦ | 7 Feb '25 | 8 May '25 | 12 Aug '25 | 14 Nov '25 | 6 Feb '26 | 7 May '26 |
| Earnings day | +4.04% | −0.31% | +4.90% | −1.62% | −2.48% | +3.09% | −1.10% | −1.18% | −1.15% | −0.58% | +8.51% | −0.28% |
| +1 day | +1.16% | −0.50% | +5.50% | −3.15% | −2.21% | +1.32% | −2.71% | −1.95% | −2.34% | −0.75% | +7.66% | +0.07% |
| +5 days | −0.92% | −0.08% | +8.62% | +0.25% | −3.89% | +3.01% | −4.08% | +0.51% | +4.66% | −3.71% | +11.21% | −2.98% |
| +15 days | +1.23% | +4.22% | +6.61% | +1.86% | −4.41% | +6.27% | −7.85% | +0.35% | +5.26% | −3.22% | +4.46% | −5.31% |
| +30 days | +1.90% | +8.91% | −3.85% | −2.11% | −2.25% | +9.93% | +0.12% | −1.60% | +5.81% | −6.04% | −7.41% | −1.30% |
| Filing | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL | XBRL |
Corporate actions
CLast 6 months| Kind | Value | Ex-date | Record |
|---|---|---|---|
| dividend Dividend - Rs 229 Per Share | 229.00 | 17 Jul '26 | 17 Jul '26 |
| dividend Interim Dividend - Rs 3 Per Share | 3.00 | 13 Feb '26 | 13 Feb '26 |
Shareholding
Sas of Jun 202627.76%Promoter
Promoters27.76%
FIIs17.43%0.55
DIIs12.11%0.14
Public42.71%0.73
Ownership trend
Peers
P7 companiesValuation vs quality
P/E × ROCE · bubble = market cap| Name | CMP | P/E | Mkt Cap | Div Yld | NP Qtr | Qtr Profit Var | Sales Qtr | Qtr Sales Var | ROCE |
|---|---|---|---|---|---|---|---|---|---|
| MRF | ₹1,30,755.00 | 22.41 | 55,455 | 0.18% | 702 | +35.50% | 8,044 | +13.70% | 15.73% |
| Balkrishna Inds | ₹2,013.50 | 37.76 | 38,924 | 0.79% | 299 | −18.75% | 2,933 | +6.56% | 11.18% |
| Apollo Tyres | ₹419.65 | 12.95 | 26,652 | 1.43% | 631 | +254.71% | 7,336 | +14.20% | 13.86% |
| CEAT | ₹3,328.60 | 21.15 | 13,464 | 1.05% | 4 | −96.69% | 4,318 | +22.36% | 19.15% |
| JK Tyre & Indust | ₹390.60 | 12.75 | 11,261 | 1.02% | 178 | +111.55% | 4,223 | +12.37% | 15.51% |
| TVS Srichakra | ₹3,964.20 | 43.47 | 3,037 | 0.43% | 36 | +169.70% | 981 | +19.86% | 7.54% |
| Goodyear India | ₹822.85 | 24.90 | 1,898 | 3.22% | 10 | +350.92% | 616 | +2.25% | 17.40% |
| Median: 13 Co. | ₹390.60 | 24.07 | 1,898 | 0.79% | 9 | +35.50% | 616 | +13.04% | 13.86% |
Filings
DAnnual reports15
Financial Year 2026bseFinancial Year 2025bseFinancial Year 2024bseFinancial Year 2023bseFinancial Year 2022bseFinancial Year 2021bseFinancial Year 2020bseFinancial Year 2019bseFinancial Year 2018bseFinancial Year 2017bseFinancial Year 2016bseFinancial Year 2014bseFinancial Year 2013bseFinancial Year 2012bseFinancial Year 2011nse
Credit ratings6
Announcements5
Disclosure Under Regulation 30 Of The SEBI (Listing
Obligations And Disclosure Requirements) Regulations, 2015 15 Jul - MRF shared 2025-26 Annual Report web link; 65th AGM on 6 August 2026 via VC/OAVM.Announcement under Regulation 30 (LODR)-Newspaper Publication 15 JulNotice Of Annual General Meeting 14 JulBusiness Responsibility and Sustainability Reporting (BRSR) 14 Jul - MRF filed FY2025-26 BRSR with SGS reasonable assurance on BRSR Core indicators.Reg. 34 (1) Annual Report. 14 Jul