MRF Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- ✓Efficient capital deployment (ROCE 15.7%)
- ✓Attractively valued vs sector (P/E 22.4x vs industry 43.6x)
- ✓Low debt relative to equity (D/E 0.2x)
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| MARUTI Maruti Suzuki India Limited | ₹13,545 | ₹4.3L Cr | 29.6 | 3.97 | 14.4 | 19 | 0 |
| M&M Mahindra & Mahindra Limited | ₹3,173 | ₹4.0L Cr | 22.9 | 4.24 | 20.3 | 15.1 | 1.53 |
| BAJAJ-AUTO Bajaj Auto Limited | ₹11,019 | ₹2.9L Cr | 26.6 | 7.93 | 29.2 | 28.2 | 0.58 |
| EICHERMOT Eicher Motors Limited | ₹7,622 | ₹2.1L Cr | 37.4 | 8.33 | 24 | 30.5 | 0.02 |
| TVSMOTOR TVS Motor Company Limited | ₹3,917 | ₹1.7L Cr | 56.6 | 19.49 | 33.6 | 17.4 | 3.89 |
| HYUNDAI Hyundai Motor India Limited | ₹1,949 | ₹1.6L Cr | 29.8 | 7.92 | 29.9 | 38.4 | 0.05 |
| MOTHERSON Samvardhana Motherson International Limited | ₹144 | ₹1.5L Cr | 35.7 | 3.7 | 11.2 | 13.4 | 0.53 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MRF · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 27.76% | 27.78% | 27.77% | 27.76% | 27.80% | 27.78% |
| FII | 19.41% | 19.75% | 19.08% | 18.68% | 18.20% | 17.54% |
| DII | 11.45% | 10.57% | 10.74% | 11.68% | 12.00% | 12.22% |
| Public | 41.39% | 41.92% | 42.41% | 41.88% | 42.02% | 42.46% |
Corporate Events
Dividend - Rs 229 Per Share
To consider and approve the financial results for the period ended March 31, 2026 and dividend
Interim Dividend - Rs 3 Per Share
Interim Dividend - Rs 3 Per Share
Dividend - Rs 229 Per Share
Interim Dividend - Rs 3 Per Share
Interim Dividend - Rs 3 Per Share
Annual General Meeting/Dividend - Rs 194 Per Share
Interim Dividend - Rs 3 Per Share
Interim Dividend - Rs 3 Per Share
Latest News
All news →Top tyre makers plan ₹7,500 crore capex by FY27
*Top tyre makers plan ₹7,500 crore capex by FY27.* The investment aims to expand production capacity and meet rising demand. Key players including MRF, CEAT, and Apollo Tyres are driving the spend. This signals strong sector confidence and potential long-term growth. 📊 *STOCKS:* MRF | CEATLTD | APOLLOTYRE | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #Capex
MRF workers' strike in Tamil Nadu ends abruptly
*Union abruptly terminates strike at MRF Tyre factory in Tamil Nadu.* The sudden end to labor action at the major tire manufacturer's facility removes operational disruption risk. MRF's production and delivery timelines return to normalcy, supporting near-term business continuity. Strike termination could ease supply chain pressures for the company's automotive customers. 📊 *STOCKS:* MRF | 🏢 *SECTOR:* Auto | #MEDIUMIMPACT #labor
Financials
Quarterly Results
| Metric | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹8.1K Cr ▲9.1% | ₹7.4K Cr ▼3.9% | ₹7.7K Cr ▲8.5% | ₹7.1K Cr ▲1.1% | ₹7.0K Cr ▲1.7% | ₹6.9K Cr ▼4.4% | ₹7.2K Cr ▲13.3% | ₹6.3K Cr |
| Op. Profit | ₹1.4K Cr ▲24.3% | ₹1.1K Cr ▲5.1% | ₹1.1K Cr ▼0.3% | ₹1.1K Cr ▲28.6% | ₹835 Cr ▼17.4% | ₹1.0K Cr ▼12.8% | ₹1.2K Cr ▲27.2% | ₹912 Cr |
| OPM | 17.0% ▲13.3% | 15.0% ▲7.1% | 14.0% ▼6.7% | 15.0% ▲25.0% | 12.0% ▼20.0% | 15.0% ▼6.3% | 16.0% ▲14.3% | 14.0% |
| Net Profit | ₹695 Cr ▲32.1% | ₹526 Cr ▲5.2% | ₹500 Cr ▼2.0% | ₹510 Cr ▲61.9% | ₹315 Cr ▼33.1% | ₹471 Cr ▼17.5% | ₹571 Cr ▲44.2% | ₹396 Cr |
| EPS (₹) | 1,637.78 ▲32.1% | 1,239.4 ▲5.0% | 1,180.05 ▼2.0% | 1,203.7 ▲61.8% | 743.79 ▼33.0% | 1,109.85 ▼17.6% | 1,346.4 ▲44.2% | 933.96 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹31.1K Cr ▲10.6% | ₹28.2K Cr ▲11.9% | ₹25.2K Cr ▲9.4% | ₹23.0K Cr ▲19.1% | ₹19.3K Cr ▲19.5% | ₹16.2K Cr ▼0.5% | ₹16.2K Cr ▲1.1% | ₹16.1K Cr ▲7.4% | ₹15.0K Cr ▲11.5% | ₹13.4K Cr |
| Expenses | ₹26.2K Cr ▲9.0% | ₹24.1K Cr ▲15.2% | ₹20.9K Cr ▲1.4% | ₹20.6K Cr ▲19.4% | ₹17.3K Cr ▲30.6% | ₹13.2K Cr ▼4.7% | ₹13.9K Cr ▲0.8% | ₹13.7K Cr ▲8.5% | ₹12.7K Cr ▲17.7% | ₹10.8K Cr |
| Op. Profit | ₹4.9K Cr ▲20.0% | ₹4.1K Cr ▼4.3% | ₹4.3K Cr ▲77.7% | ₹2.4K Cr ▲16.6% | ₹2.1K Cr ▼30.2% | ₹3.0K Cr ▲24.0% | ₹2.4K Cr ▲2.8% | ₹2.3K Cr ▲1.3% | ₹2.3K Cr ▼13.6% | ₹2.6K Cr |
| OPM | 16.0% ▲6.7% | 15.0% ▼11.8% | 17.0% ▲70.0% | 10.0% ▼9.1% | 11.0% ▼38.9% | 18.0% ▲20.0% | 15.0% ▲7.1% | 14.0% ▼6.7% | 15.0% ▼25.0% | 20.0% |
| Other Income | ₹440 Cr ▲6.3% | ₹414 Cr ▲35.3% | ₹306 Cr ▲24.9% | ₹245 Cr ▼22.2% | ₹315 Cr ▲53.7% | ₹205 Cr ▼38.8% | ₹335 Cr ▼19.5% | ₹416 Cr ▲26.1% | ₹330 Cr ▲0.9% | ₹327 Cr |
| Interest | ₹374 Cr ▲1.6% | ₹368 Cr ▲1.9% | ₹361 Cr ▲10.7% | ₹326 Cr ▲24.0% | ₹263 Cr ▼6.7% | ₹282 Cr ▼6.3% | ₹301 Cr ▲10.3% | ₹273 Cr ▲5.4% | ₹259 Cr ▲0.8% | ₹257 Cr |
| Depreciation | ₹1.8K Cr ▲6.0% | ₹1.7K Cr ▲15.7% | ₹1.4K Cr ▲14.1% | ₹1.3K Cr ▲4.0% | ₹1.2K Cr ▲5.6% | ₹1.1K Cr ▲16.2% | ₹982 Cr ▲21.5% | ₹808 Cr ▲14.3% | ₹707 Cr ▲15.7% | ₹611 Cr |
| PBT | ₹3.2K Cr ▲29.8% | ₹2.5K Cr ▼10.9% | ₹2.8K Cr ▲160.5% | ₹1.1K Cr ▲17.8% | ₹908 Cr ▼47.7% | ₹1.7K Cr ▲21.1% | ₹1.4K Cr ▼13.2% | ₹1.7K Cr ▼0.1% | ₹1.7K Cr ▼21.6% | ₹2.1K Cr |
| Tax % | 25.0% ▲0.0% | 25.0% ▲0.0% | 25.0% ▼10.7% | 28.0% ▲7.7% | 26.0% ▲0.0% | 26.0% ▲2500.0% | 1.0% ▼96.9% | 32.0% ▲0.0% | 32.0% ▲6.7% | 30.0% |
| Net Profit | ₹2.4K Cr ▲29.5% | ₹1.9K Cr ▼10.0% | ₹2.1K Cr ▲170.6% | ₹769 Cr ▲14.9% | ₹669 Cr ▼47.6% | ₹1.3K Cr ▼10.3% | ₹1.4K Cr ▲25.8% | ₹1.1K Cr ▼0.1% | ₹1.1K Cr ▼23.8% | ₹1.5K Cr |
| EPS (₹) | 5,720.43 ▲29.5% | 4,416.97 ▼10.0% | 4,907.26 ▲170.7% | 1,813.04 ▲14.9% | 1,577.96 ▼47.6% | 3,011.15 ▼10.2% | 3,354.22 ▲25.8% | 2,665.82 ▼0.1% | 2,668.2 ▼23.9% | 3,504.33 |
| Div Payout | 4.0% ▼20.0% | 5.0% ▲25.0% | 4.0% ▼60.0% | 10.0% ▲0.0% | 10.0% ▲100.0% | 5.0% ▲66.7% | 3.0% ▲50.0% | 2.0% ▲0.0% | 2.0% ▲0.0% | 2.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Sep 2025 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Liabilities | ||||||||||
| Equity Capital | ₹4 Cr ▲0.0% | ₹4 Cr ▲0.0% | ₹4 Cr ▲0.0% | ₹4 Cr ▲0.0% | ₹4 Cr ▲0.0% | ₹4 Cr ▲0.0% | ₹4 Cr ▲0.0% | ₹4 Cr ▲0.0% | ₹4 Cr ▲0.0% | ₹4 Cr |
| Reserves | ₹19.4K Cr ▲4.5% | ₹18.6K Cr ▲11.4% | ₹16.7K Cr ▲13.6% | ₹14.7K Cr ▲4.8% | ₹14.0K Cr ▲4.6% | ₹13.4K Cr ▲9.8% | ₹12.2K Cr ▲12.7% | ₹10.8K Cr ▲11.3% | ₹9.7K Cr ▲12.7% | ₹8.6K Cr |
| Borrowings | ₹3.6K Cr ▼3.7% | ₹3.8K Cr ▲33.6% | ₹2.8K Cr ▼6.4% | ₹3.0K Cr ▼6.7% | ₹3.2K Cr ▲35.2% | ₹2.4K Cr ▲28.8% | ₹1.9K Cr ▼26.0% | ₹2.5K Cr ▲15.9% | ₹2.2K Cr ▼7.3% | ₹2.3K Cr |
| Other Liabilities | ₹7.2K Cr ▼0.8% | ₹7.3K Cr ▼0.2% | ₹7.3K Cr ▲10.2% | ₹6.6K Cr ▲14.6% | ₹5.8K Cr ▼14.5% | ₹6.8K Cr ▲26.2% | ₹5.4K Cr ▲5.4% | ₹5.1K Cr ▲11.4% | ₹4.6K Cr ▲12.3% | ₹4.1K Cr |
| Total Liabilities | ₹30.3K Cr ▲2.1% | ₹29.7K Cr ▲10.6% | ₹26.8K Cr ▲10.2% | ₹24.4K Cr ▲5.7% | ₹23.1K Cr ▲2.1% | ₹22.6K Cr ▲16.2% | ₹19.4K Cr ▲5.4% | ₹18.4K Cr ▲11.9% | ₹16.5K Cr ▲9.5% | ₹15.0K Cr |
| Assets | ||||||||||
| Fixed Assets | ₹13.1K Cr ▼0.8% | ₹13.2K Cr ▲9.8% | ₹12.0K Cr ▲19.1% | ₹10.1K Cr ▲6.3% | ₹9.5K Cr ▲0.9% | ₹9.4K Cr ▲6.4% | ₹8.9K Cr ▲30.7% | ₹6.8K Cr ▲11.4% | ₹6.1K Cr ▲10.7% | ₹5.5K Cr |
| CWIP | ₹949 Cr ▼18.8% | ₹1.2K Cr ▼51.0% | ₹2.4K Cr ▼21.7% | ₹3.0K Cr ▲147.0% | ₹1.2K Cr ▲23.1% | ₹1.0K Cr ▼42.4% | ₹1.7K Cr ▲24.1% | ₹1.4K Cr ▲30.0% | ₹1.1K Cr ▲27.2% | ₹848 Cr |
| Investments | ₹4.6K Cr ▲1.1% | ₹4.5K Cr ▲34.4% | ₹3.4K Cr ▲9.7% | ₹3.1K Cr ▼15.6% | ₹3.7K Cr ▼37.8% | ₹5.9K Cr ▲286.7% | ₹1.5K Cr ▼60.6% | ₹3.9K Cr ▼7.0% | ₹4.1K Cr ▲22.6% | ₹3.4K Cr |
| Other Assets | ₹11.7K Cr ▲8.5% | ₹10.8K Cr ▲19.0% | ₹9.0K Cr ▲11.3% | ₹8.1K Cr ▼6.1% | ₹8.6K Cr ▲38.0% | ₹6.3K Cr ▼14.3% | ₹7.3K Cr ▲14.3% | ₹6.4K Cr ▲23.9% | ₹5.2K Cr ▼2.9% | ₹5.3K Cr |
| Total Assets | ₹30.3K Cr ▲2.1% | ₹29.7K Cr ▲10.6% | ₹26.8K Cr ▲10.2% | ₹24.4K Cr ▲5.7% | ₹23.1K Cr ▲2.1% | ₹22.6K Cr ▲16.2% | ₹19.4K Cr ▲5.4% | ₹18.4K Cr ▲11.9% | ₹16.5K Cr ▲9.5% | ₹15.0K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹1.9K Cr ▼43.5% | ₹3.3K Cr ▲19.9% | ₹2.8K Cr ▲576.6% | ₹-578 Cr ▼113.4% | ₹4.3K Cr ▲90.4% | ₹2.3K Cr ▲81.2% | ₹1.3K Cr ▼48.1% | ₹2.4K Cr ▲23.4% | ₹2.0K Cr ▼35.7% | ₹3.0K Cr |
| Investing CF | ₹-2.1K Cr ▲12.8% | ₹-2.4K Cr ▼23.9% | ₹-1.9K Cr ▼1257.8% | ₹166 Cr ▲103.3% | ₹-5.1K Cr ▼3040.1% | ₹-162 Cr ▲88.3% | ₹-1.4K Cr ▲31.2% | ₹-2.0K Cr ▼44.6% | ₹-1.4K Cr ▲59.1% | ₹-3.4K Cr |
| Financing CF | ₹282 Cr ▲132.5% | ₹-868 Cr ▼3.3% | ₹-840 Cr ▼298.1% | ₹424 Cr ▲269.6% | ₹-250 Cr ▲75.8% | ₹-1.0K Cr ▼2557.1% | ₹42 Cr ▲109.3% | ₹-453 Cr ▼3.4% | ₹-438 Cr ▼306.6% | ₹212 Cr |
| Net Cash Flow | ₹70 Cr ▲27.3% | ₹55 Cr ▲1016.7% | ₹-6 Cr ▼150.0% | ₹12 Cr ▲101.2% | ₹-1.0K Cr ▼194.0% | ₹1.1K Cr ▲1283.5% | ₹-91 Cr ▼71.7% | ₹-53 Cr ▼142.4% | ₹125 Cr ▲182.2% | ₹-152 Cr |
| Free Cash Flow | ₹569 Cr ▼50.1% | ₹1.1K Cr ▲313.3% | ₹-535 Cr ▲76.6% | ₹-2.3K Cr ▼165.7% | ₹3.5K Cr ▲825.1% | ₹-479 Cr ▲32.5% | ₹-710 Cr ▼183.6% | ₹849 Cr ▲43.9% | ₹590 Cr ▼19.9% | ₹737 Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 | Mar 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 44d ▲4.8% | 42d ▲5.0% | 40d ▼9.1% | 44d ▼8.3% | 48d ▼7.7% | 52d ▼3.7% | 54d ▲3.8% | 52d ▼3.7% | 54d ▲63.6% | 33d |
| Inventory Days | 115d ▲6.5% | 108d ▲10.2% | 98d ▼18.3% | 120d ▲4.3% | 115d ▲4.5% | 110d ▼2.7% | 113d ▲28.4% | 88d ▼25.4% | 118d ▲90.3% | 62d |
| Days Payable | 57d ▼10.9% | 64d ▲10.3% | 58d ▼3.3% | 60d ▼53.5% | 129d ▲79.2% | 72d ▲12.5% | 64d ▲1.6% | 63d ▼8.7% | 69d ▲91.7% | 36d |
| Cash Conv. Cycle | 101d ▲17.4% | 86d ▲7.5% | 80d ▼23.1% | 104d ▲205.9% | 34d ▼62.2% | 90d ▼11.8% | 102d ▲30.8% | 78d ▼24.3% | 103d ▲77.6% | 58d |
| Working Capital Days | 8d ▲166.7% | 3d ▲137.5% | -8d ▼180.0% | 10d ▲124.4% | -41d ▼920.0% | 5d ▲150.0% | 2d ▲300.0% | -1d ▼125.0% | 4d ▲300.0% | 1d |
| ROCE | 14.0% ▼17.6% | 17.0% ▲142.9% | 7.0% ▲0.0% | 7.0% ▼50.0% | 14.0% ▲7.7% | 13.0% ▼13.3% | 15.0% ▼11.8% | 17.0% ▼26.1% | 23.0% ▼53.1% | 49.0% |
Source: Screener.in · Lower days = better efficiency