MRF - M.R.F. Ltd. Share Price

Auto Components

₹130225.00+1570.00(+1.22%)

Market Closed as of Apr 28, 2025, 15:30 IST

What does M.R.F. Ltd. do?

Tyres & Rubber Products•Automobile and AutoComponents•Mid Cap

M.R.F. is a prominent company in the Tyres & Rubber Products sector, with its stock ticker listed as MRF.

With a market capitalization of Rs. 45,466.3 Crores, MRF Limited operates both domestically in India and internationally alongside its subsidiaries. The company is primarily engaged in the manufacture, sale, and trading of rubber products.

MRF produces a wide range of tires catering to various vehicles, including:

Passenger cars
Two wheelers
Three wheelers
Pickup and farm vehicles
Over-the-road trucks
Fighter aircraft
Various commercial vehicles

In addition to tires, MRF also offers rubber products such as tubes, flaps, retreaded tires, and tread rubber products, as well as specialty coatings. The company has diversified its operations to include businesses in paints and coatings, toys, and motorsports.

Moreover, MRF operates multiple service centers under names like MRF T&S, MRF TireTok, MRF Tyredrome, and others. These centers provide services such as:

Computerized nitrogen inflation
Tubeless repair
Wheel alignment and balancing
Tire changing
A/C recovery and recharging
Robotic wheel alignment
Vehicle safety tests

The company has established a distribution network to export and sell its products through dealers.

Founded in 1946 and headquartered in Chennai, India, MRF has reported a trailing 12 months revenue of Rs. 27,816.9 Crores. MRF also rewards its investors with dividends, having a dividend yield of 0.19% per year and paying out Rs. 203 dividend per share over the last 12 months. Notably, the company has experienced significant revenue growth of 45.4% over the past three years.

Industry Group:Auto Components

Employees:19,209

Website:www.mrftyres.com

The Good, Bad and Ugly

Growth

Profitability

Size

Dilution Rank

Balance Sheet

Momentum

Technicals

Smart Money

Insider Trading

Category	MRF	Auto
PE	31.12	26.61
PS	1.96	1.62
Growth	11.5 %	5.2 %

Share Holdings

Understand M.R.F. ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.

Holding Pattern

Major Shareholders

Share Holding Details

As of 2025-03-31

Shareholder Name	Holding %
MOWI Foundation	11.98%
COMPREHENSIVE INVESTMENT AND FINANCE COMPANY PVT. LTD.	10.42%
SBI Mutual Fund through its various accounts	4.16%
Evertrue Charitable & Educational Foundation	2.99%
PENINSULAR INVESTMENTS PRIVATE LIMITED	2.93%
ENAM Securities Pvt Ltd	2.59%
KOTAK MAHINDRA through its various accounts	1.99%
THE NEW INDIA ASSURANCE COMPANY LTD	1.52%
K M MAMMEN [SINGLY] & K M MAMMEN [JOINTLY WITH ARUN MAMMEN]	1.26%
JACOB MAMMEN	0.83%
BRAGA INDUSTRIES LLP	0.69%
ARUN MAMMEN	0.65%
MEERA PHILIP	0.55%
BEEBI MAMMEN	0.48%
JACOB MATHEW	0.47%
JCEE MANUFACTURING AND SERVICES PVT LTD	0.45%
MEERA MAMMEN	0.37%
ANNU KURIEN	0.36%
RACHEL KATTUKARAN	0.35%
MARY KURIEN	0.34%

Overall Distribution

Distribution across major stakeholders

Ownership Distribution

Distribution across major institutional holders

Valuation
Market Cap	55.23 kCr
Price/Earnings (Trailing)	31.5
Price/Sales (Trailing)	1.99
EV/EBITDA	12.82
Price/Free Cashflow	44.2
MarketCap/EBT	23.55

Fundamentals
Revenue (TTM)	27.82 kCr
Rev. Growth (Yr)	13.76%
Rev. Growth (Qtr)	1.5%
Earnings (TTM)	1.75 kCr
Earnings Growth (Yr)	-38.11%
Earnings Growth (Qtr)	-32.98%

Profitability
Operating Margin	8.43%
EBT Margin	8.43%
Return on Equity	9.92%
Return on Assets	6.17%
Free Cashflow Yield	2.26%

Investor Care
Dividend Yield	0.16%
Dividend/Share (TTM)	203
Shares Dilution (1Y)	0.00%
Diluted EPS (TTM)	4.13 K

Financial Health
Current Ratio	1.42
Debt/Equity	0.13
Debt/Cashflow	1.59

Income Statement for M.R.F.

Consolidated figures (in Rs. Crores) / View Standalone Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	9.4%	25,169	23,008	19,317	16,163	16,239	-
Other Income	25.4%	317	253	317	210	335	-
Total Income	9.6%	25,486	23,261	19,634	16,373	16,575	-
Cost of Materials	-3.2%	15,243	15,751	13,420	8,952	9,577	-
Purchases of stock-in-trade	-38.2%	22	35	17	16	23	-
Employee Expense	12.7%	1,797	1,595	1,502	1,415	1,345	-
Finance costs	10.7%	353	319	254	275	293	-
Depreciation and Amortization	14.1%	1,430	1,253	1,205	1,141	982	-
Other expenses	12.7%	4,038	3,584	3,184	2,483	2,903	-
Total Expenses	2.3%	22,699	22,191	18,726	14,636	15,140	-
Profit Before exceptional items and Tax	160.6%	2,787	1,070	908	1,737	1,434	-
Total profit before tax	160.6%	2,787	1,070	908	1,737	1,434	-
Current tax	106.9%	632	306	228	498	409	-
Deferred tax	1261.7%	75	-5.37	10	-37.8	-397.39	-
Total tax	135%	706	301	239	460	12	-
Total profit (loss) for period	170.8%	2,081	769	669	1,277	1,423	-
Other comp. income net of taxes	58.3%	-11.68	-29.43	12	-35.7	-9.67	-
Total Comprehensive Income	180%	2,070	740	682	1,241	1,413	-
Earnings Per Share, Basic	170.7%	4,907.24	1,813.1	1,577.97	3,011.14	3,354.2	-
Earnings Per Share, Diluted	170.7%	4,907.24	1,813.1	1,577.97	3,011.14	3,354.2	-
Debt equity ratio	-	-	-	-	-	009	-
Debt service coverage ratio	-	-	-	-	-	0.04	-

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	1.7%	7,001	6,881	7,196	6,349	6,162	6,217
Other Income	-13.4%	98	113	84	94	78	71
Total Income	1.5%	7,099	6,994	7,280	6,443	6,240	6,288
Cost of Materials	-1.8%	4,656	4,741	4,371	3,923	3,791	3,749
Purchases of stock-in-trade	7.1%	7.04	6.64	7.77	6.22	5.67	5.66
Employee Expense	-1.9%	469	478	458	479	450	444
Finance costs	12%	94	84	85	93	90	86
Depreciation and Amortization	1.2%	415	410	396	385	360	351
Other expenses	-0.7%	1,062	1,070	1,093	1,114	990	966
Total Expenses	4.9%	6,675	6,363	6,518	5,916	5,558	5,497
Profit Before exceptional items and Tax	-32.9%	424	631	763	527	682	791
Total profit before tax	-32.9%	424	631	763	527	682	791
Current tax	-36.4%	90	141	212	102	163	181
Deferred tax	-5.3%	19	20	-20.45	29	9.46	23
Total tax	-32.1%	109	160	192	131	173	204
Total profit (loss) for period	-33.2%	315	471	571	396	510	587
Other comp. income net of taxes	536.4%	15	3.2	2.36	-25.59	-5.77	-1.23
Total Comprehensive Income	-30.4%	330	474	573	371	504	585
Earnings Per Share, Basic	-33%	743.8	1,109.85	1,346.38	933.97	1,201.81	1,383.26
Earnings Per Share, Diluted	-33%	743.8	1,109.85	1,346.38	933.97	1,201.81	1,383.26

Standalone figures (in Rs. Crores) / View Consolidated Data

AnnualQuarterly

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022	Mar-2021	Mar-2020	Mar-2019
Revenue From Operations	9.3%	24,674	22,578	18,990	15,921	15,991	15,837
Other Income	25.9%	312	248	315	207	330	417
Total Income	9.5%	24,986	22,826	19,304	16,129	16,322	16,254
Cost of Materials	-3.1%	15,052	15,527	13,254	8,854	9,462	10,220
Purchases of stock-in-trade	-41.2%	21	35	17	16	22	30
Employee Expense	12.1%	1,748	1,559	1,472	1,388	1,321	1,144
Finance costs	6.1%	316	298	247	265	274	248
Depreciation and Amortization	14.1%	1,425	1,249	1,201	1,137	981	806
Other expenses	11.8%	3,867	3,460	3,078	2,410	2,838	2,806
Total Expenses	2.1%	22,247	21,788	18,425	14,428	14,922	14,646
Profit Before exceptional items and Tax	163.8%	2,739	1,039	879	1,700	1,399	1,609
Exceptional items before tax	-101.3%	0	80	0	0	0	0
Total profit before tax	144.9%	2,739	1,119	879	1,700	1,399	1,609
Current tax	102.6%	625	309	222	490	402	330
Deferred tax	1109.8%	73	-6.13	9.87	-38.51	-397.46	182
Total tax	130.8%	698	303	232	451	4.34	512
Total profit (loss) for period	150.3%	2,041	816	647	1,249	1,395	1,097
Other comp. income net of taxes	-63.3%	-34.95	-21.01	15	-32.14	-9.61	-17.11
Total Comprehensive Income	152.5%	2,006	795	662	1,217	1,385	1,080
Earnings Per Share, Basic	150.1%	4,812.26	1,924.56	1,526.34	2,945.09	3,289.16	2,586.26
Earnings Per Share, Diluted	150.1%	4,812.26	1,924.56	1,526.34	2,945.09	3,289.16	2,586.26
Debt equity ratio	-	-	-	-	-	01	014
Debt service coverage ratio	-	-	-	-	-	0.0403	0.0842

Description	(%) Q/Q	Dec-2024	Sep-2024	Jun-2024	Mar-2024	Dec-2023	Sep-2023
Revenue From Operations	1.8%	6,883	6,760	7,078	6,215	6,048	6,088
Other Income	-13.5%	97	112	83	92	77	70
Total Income	1.6%	6,980	6,872	7,161	6,307	6,124	6,157
Cost of Materials	-1.7%	4,634	4,716	4,319	3,871	3,743	3,715
Purchases of stock-in-trade	0%	6.73	6.73	7.67	5.81	5.82	5.49
Employee Expense	-1.9%	455	464	444	467	437	431
Finance costs	6.1%	71	67	75	86	78	75
Depreciation and Amortization	1.5%	414	408	394	384	359	350
Other expenses	-0.8%	1,023	1,031	1,055	1,066	951	922
Total Expenses	4.9%	6,567	6,262	6,410	5,799	5,445	5,384
Profit Before exceptional items and Tax	-32.5%	413	611	751	508	679	773
Exceptional items before tax	-	0	0	0	0	0	0
Total profit before tax	-32.5%	413	611	751	508	679	773
Current tax	-36.8%	87	137	210	100	161	179
Deferred tax	0%	19	19	-21.25	29	9.89	22
Total tax	-31.8%	106	155	188	128	171	202
Total profit (loss) for period	-32.6%	307	455	563	380	508	572
Other comp. income net of taxes	1045.8%	12	1.96	2.09	-26.68	-5.56	-1.63
Total Comprehensive Income	-30.3%	319	457	565	353	502	570
Earnings Per Share, Basic	-32.7%	723.2	1,073.84	1,326.41	894.93	1,197.83	1,348.53
Earnings Per Share, Diluted	-32.7%	723.2	1,073.84	1,326.41	894.93	1,197.83	1,348.53

Balance Sheet for M.R.F.

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-34.5%	155	236	161	146	158	113
Current investments	25.4%	2,837	2,262	2,088	1,975	2,200	2,510
Loans, current	108.3%	11	5.8	6.55	2.95	4.11	3.18
Total current financial assets	14.1%	6,319	5,538	5,115	4,680	5,434	5,678
Inventories	18.1%	5,149	4,361	3,956	4,043	4,224	4,062
Total current assets	15.6%	11,796	10,202	9,431	8,961	9,891	9,944
Property, plant and equipment	5.1%	12,561	11,952	10,889	10,024	9,537	9,445
Capital work-in-progress	-23.6%	1,806	2,363	3,159	3,045	1,946	1,226
Non-current investments	0.7%	1,150	1,142	1,141	1,131	1,146	1,156
Loans, non-current	223.6%	11	4.09	0.39	1.19	0	0.82
Total non-current financial assets	1.8%	1,193	1,172	1,171	1,156	1,171	1,229
Total non-current assets	0%	16,214	16,213	15,940	15,063	13,548	12,749
Total assets	6%	28,011	26,415	25,370	24,024	23,439	22,693
Borrowings, non-current	-27.7%	524	724	724	824	817	817
Total non-current financial liabilities	-9.7%	1,246	1,379	1,348	1,332	1,337	1,275
Provisions, non-current	4.7%	271	259	234	215	214	219
Total non-current liabilities	-8.1%	2,236	2,433	2,271	2,164	2,140	2,069
Borrowings, current	-69.9%	274	907	858	1,154	1,249	1,187
Total current financial liabilities	13.8%	5,065	4,450	4,746	4,794	4,858	4,420
Provisions, current	-0.9%	442	446	250	233	210	180
Current tax liabilities	-	132	-	0	0	24	-
Total current liabilities	11.3%	8,394	7,541	7,512	7,351	7,338	6,847
Total liabilities	6.6%	10,630	9,974	9,783	9,515	9,478	8,916
Equity share capital	0%	4.24	4.24	4.24	4.24	4.24	4.24
Total equity	5.7%	17,380	16,441	15,588	14,509	13,962	13,777
Total equity and liabilities	6%	28,011	26,415	25,370	24,024	23,439	22,693

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Sep-2024	Mar-2024	Sep-2023	Mar-2023	Sep-2022	Mar-2022
Cash and cash equivalents	-12.3%	266	303	280	249	197	179
Current investments	25.4%	2,837	2,262	2,088	1,975	2,210	2,521
Loans, current	107%	11	5.83	6.57	2.97	4.11	3.18
Total current financial assets	13.9%	6,513	5,716	5,345	4,844	5,544	5,805
Inventories	17.4%	5,245	4,469	4,052	4,141	4,320	4,130
Total current assets	14.9%	12,118	10,550	9,789	9,244	10,149	10,188
Property, plant and equipment	5.3%	12,651	12,020	10,954	10,092	9,603	9,501
Capital work-in-progress	-24.2%	1,809	2,385	3,173	3,046	1,948	1,233
Non-current investments	0.8%	1,130	1,121	1,120	1,110	1,125	1,135
Loans, non-current	215.5%	11	4.17	0.47	1.28	0.12	0.95
Total non-current financial assets	1.9%	1,176	1,154	1,154	1,138	1,267	1,287
Total non-current assets	0%	16,304	16,300	16,020	15,126	13,714	12,872
Total assets	5.9%	28,423	26,849	25,809	24,369	23,863	23,060
Borrowings, non-current	-27.7%	524	724	724	824	817	817
Total non-current financial liabilities	-9.7%	1,246	1,379	1,348	1,332	1,337	1,275
Provisions, non-current	4.2%	271	260	234	215	214	219
Total non-current liabilities	-8%	2,241	2,436	2,275	2,166	2,142	2,071
Borrowings, current	32.2%	1,786	1,351	1,705	1,606	1,825	2,001
Total current financial liabilities	12.3%	5,173	4,606	4,926	4,927	4,998	4,521
Provisions, current	-1.1%	442	447	250	234	210	181
Current tax liabilities	4039%	138	4.31	4.38	3.67	27	3.82
Total current liabilities	10.4%	8,513	7,710	7,703	7,495	7,486	6,957
Total liabilities	6%	10,754	10,146	9,978	9,662	9,627	9,028
Equity share capital	0%	4.24	4.24	4.24	4.24	4.24	4.24
Non controlling interest	0%	0.17	0.17	0.16	0.16	0.15	0.15
Total equity	5.8%	17,668	16,703	15,831	14,708	14,236	14,032
Total equity and liabilities	5.9%	28,423	26,849	25,809	24,369	23,863	23,060

Ticker	Name	Mkt Cap	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
BALKRISIND	Balkrishna IndustriesTyres & Rubber Products	49.83 kCr	10.99 kCr	+0.89%	+8.49%	28.1	4.54	+17.64%	+42.48%
APOLLOTYRE	Apollo TyresTyres & Rubber Products	29.18 kCr	26.09 kCr	+7.84%	-6.69%	22.61	1.12	+2.47%	-28.10%
CEATLTD	CeatTyres & Rubber Products	12.31 kCr	12.81 kCr	+5.72%	+20.63%	25.93	0.96	+8.10%	-28.63%
JKTYRE	JK Tyre & IndustriesTyres & Rubber Products	8.42 kCr	14.71 kCr	+10.76%	-24.94%	14.46	0.57	-1.81%	-21.93%
TVSSRICHAK	TVS SrichakraTyres & Rubber Products	2.21 kCr	3.21 kCr	+14.60%	-30.56%	63.93	0.69	+12.31%	-67.48%
GOODYEAR	Goodyear IndiaTyres & Rubber Products	2.21 kCr	2.54 kCr	+8.47%	-24.38%	27.42	0.87	-10.67%	-35.18%

Cash Flow for M.R.F.

Standalone figures (in Rs. Crores) / View Consolidated Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	6.1%	316	298	247
Change in inventories	-1872.4%	-318.04	19	-1,181.39
Depreciation	14.1%	1,425	1,249	1,201
Impairment loss / reversal	-	4.14	0	7.1
Unrealised forex losses/gains	2.6%	-1.22	-1.28	-0.39
Dividend income	26.1%	0.35	0.12	0.15
Adjustments for interest income	-2%	100	102	99
Net Cashflows from Operations	43.2%	3,932	2,747	-450.25
Income taxes paid (refund)	113.3%	705	331	207
Net Cashflows From Operating Activities	33.5%	3,227	2,417	-657.37
Proceeds from sales of PPE	-16420%	-7.16	1.05	2.36
Purchase of property, plant and equipment	-35.1%	2,128	3,280	1,691
Proceeds from sales of investment property	-77.1%	316	1,375	3,026
Purchase of investment property	229.6%	446	136	1,250
Cash receipts from repayment of advances and loans made to other parties	-	-3.74	0	1.29
Dividends received	26.1%	0.35	0.12	0.15
Interest received	-15.2%	96	113	87
Other inflows (outflows) of cash	-	-143.99	0	0
Net Cashflows From Investing Activities	-20.1%	-2,316.32	-1,927.85	176
Proceeds from borrowings	-100.4%	0	270	1,145
Repayments of borrowings	20.5%	348	289	267
Payments of lease liabilities	25.8%	152	121	97
Dividends paid	15.9%	74	64	64
Interest paid	-1.6%	250	254	228
Other inflows (outflows) of cash	48.6%	1.52	1.35	0.99
Net Cashflows from Financing Activities	-80.1%	-823.45	-456.74	491
Effect of exchange rate on cash eq.	300%	1.56	1.14	1.1
Net change in cash and cash eq.	175%	89	33	10

Consolidated figures (in Rs. Crores) / View Standalone Data

Description	(%) Q/Q	Mar-2024	Mar-2023	Mar-2022
Finance costs	10.7%	353	319	254
Change in inventories	-2553.7%	-327.53	-11.38	-1,190.86
Depreciation	14.1%	1,430	1,253	1,205
Impairment loss / reversal	-	5.13	0	7.1
Unrealised forex losses/gains	18.2%	-1.25	-1.75	-0.34
Dividend income	23.7%	0.26	0.03	0.06
Adjustments for interest income	-1.9%	104	106	100
Net Cashflows from Operations	30.5%	4,023	3,083	-364.57
Income taxes paid (refund)	120.5%	722	328	213
Net Cashflows From Operating Activities	19.8%	3,300	2,755	-578.03
Proceeds from sales of PPE	-4622.2%	-7.14	1.18	2.37
Purchase of property, plant and equipment	-34.5%	2,155	3,291	1,707
Proceeds from sales of investment property	-77.3%	316	1,387	3,033
Purchase of investment property	229.6%	446	136	1,250
Cash receipts from repayment of advances and loans made to other parties	-	-3.73	0	1.19
Dividends received	23.7%	0.26	0.03	0.06
Interest received	-15.7%	98	116	88
Other inflows (outflows) of cash	-	-181.55	0	-3.03
Net Cashflows From Investing Activities	-23.7%	-2,379.18	-1,923.47	165
Proceeds from borrowings	-100.6%	0	158	1,086
Repayments of borrowings	-35.2%	353	544	267
Payments of lease liabilities	25.8%	152	121	97
Dividends paid	15.9%	74	64	64
Interest paid	7.4%	290	270	236
Other inflows (outflows) of cash	48.6%	1.52	1.35	0.99
Net Cashflows from Financing Activities	-3.4%	-868.22	-839.54	424
Effect of exchange rate on cash eq.	-30.3%	1.46	1.66	1.1
Net change in cash and cash eq.	884.9%	55	-5.88	12

MRF - M.R.F. Ltd. Share Price

What does M.R.F. Ltd. do?

Sector Comparison: MRF vs Auto Components

Comparative Metrics

Performance Comparison

Share Holdings

Holding Pattern

Share Holding Details

Overall Distribution

Ownership Distribution

Valuation

Fundamentals

Profitability

Investor Care

Financial Health

Income Statement for M.R.F.

Balance Sheet for M.R.F.

Is M.R.F. Better than it's peers?

Price to Sales Ratio

Revenue (Last 12 mths)

Net Income (Last 12 mths)

Cash Flow for M.R.F.