Results Snapshot
Figures in Cr
Consolidate Annual Results
Mar'26
Mar'25
Mar'24
Mar'23
Mar'22
Mar'21
Mar'20
Net Sales
31,149.01
28,153.00
25,169.21
23,008.50
19,316.72
16,163.19
16,239.36
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
31,149.01
28,153.00
25,169.21
23,008.50
19,316.72
16,163.19
16,239.36
Raw Material Cost
18,883.18
18,487.98
15,243.20
15,751.09
13,419.57
8,952.10
9,577.04
Purchase of Finished goods
34.60
28.45
22.15
35.40
17.32
16.15
22.59
(Increase) / Decrease In Stocks
605.16
-590.31
-184.32
-346.91
-856.15
354.25
17.40
Employee Cost
2,045.93
1,885.14
1,798.16
1,595.40
1,501.95
1,415.03
1,344.93
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Expenses
4,679.56
4,261.81
4,036.46
3,584.42
3,184.24
2,483.32
2,903.39
Total Expenditure (Excl Depreciation)
26,248.43
24,073.07
20,915.65
20,619.40
17,266.93
13,220.85
13,865.35
Operating Profit (PBDIT) excl Other Income
4,900.58
4,079.93
4,253.56
2,389.10
2,049.79
2,942.34
2,374.01
Other Income
504.63
416.65
316.84
252.67
316.99
209.94
335.38
Operating Profit (PBDIT)
5,405.21
4,496.58
4,570.40
2,641.77
2,366.78
3,152.28
2,709.39
Interest
366.20
360.03
353.01
319.01
253.80
274.67
292.82
Exceptional Items
-63.24
0.00
0.00
0.00
0.00
0.00
0.00
Gross Profit (PBDT)
4,975.77
4,136.55
4,217.39
2,322.76
2,112.98
2,877.61
2,416.57
Depreciation
1,753.63
1,653.55
1,429.97
1,253.04
1,205.05
1,140.77
982.32
Profit Before Tax
3,222.14
2,483.00
2,787.42
1,069.72
907.93
1,736.84
1,434.25
Tax
796.04
609.71
706.19
300.78
238.69
459.77
11.68
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
2,426.10
1,873.29
2,081.23
768.94
669.24
1,277.07
1,422.57
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
2,426.10
1,873.29
2,081.23
768.94
669.24
1,277.07
1,422.57
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
0.00
-0.01
-0.01
-0.01
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
2,426.10
1,873.29
2,081.22
768.93
669.23
1,277.07
1,422.57
Equity Capital
4.24
4.24
4.24
4.24
4.24
4.24
4.24
Face Value
10.0
10.0
10.0
10.0
10.0
10.0
10.0
Reserves
20,970.32
18,605.52
16,698.75
14,703.42
14,027.51
13,409.43
12,210.47
Earnings per share (EPS)
5721.93
4418.14
4908.54
1813.51
1578.37
3011.96
3355.12
Diluted Earnings per share
5720.39
4407.51
4907.24
1813.1
1577.97
3011.14
3354.2
Operating Profit Margin (Excl OI)
15.73%
14.49%
16.9%
10.38%
10.61%
18.2%
14.62%
Gross Profit Margin
15.97%
14.69%
16.76%
10.1%
10.94%
17.8%
14.88%
PAT Margin
7.79%
6.65%
8.27%
3.34%
3.46%
7.9%
8.76%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Mar 2026 is 10.64% vs 11.85% in Mar 2025
Consolidate Net Profit
YoY Growth in year ended Mar 2026 is 29.51% vs -9.99% in Mar 2025
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Mar 2026 is 20.11% vs -4.08% in Mar 2025
Interest
YoY Growth in year ended Mar 2026 is 1.71% vs 1.99% in Mar 2025
Operating Profit Margin (Excl OI)
YoY Growth in year ended Mar 2026 has improved from Mar 2025
Compare Annual Results Of MRF With
Figures in Cr
Consolidate Annual Results
Change(INR)
Change(%)
Net Sales
31,149.01
10,823.08
20,325.93
187.80%
Other Operating Income
0.00
0.00
0.00
Total Operating income
31,149.01
10,823.08
20,325.93
187.80%
Raw Material Cost
18,883.18
5,140.88
13,742.30
267.31%
Purchase of Finished goods
34.60
165.86
-131.26
-79.14%
(Increase) / Decrease In Stocks
605.16
-79.59
684.75
860.35%
Employee Cost
2,045.93
596.19
1,449.74
243.17%
Power Cost
0.00
0.00
0.00
Manufacturing Expenses
0.00
0.00
0.00
Selling and Distribution Expenses
0.00
0.00
0.00
Other Expenses
4,679.56
2,699.31
1,980.25
73.36%
Total Expenditure (Excl Depreciation)
26,248.43
8,522.65
17,725.78
207.98%
Operating Profit (PBDIT) excl Other Income
4,900.58
2,300.43
2,600.15
113.03%
Other Income
504.63
251.83
252.80
100.39%
Operating Profit (PBDIT)
5,405.21
2,552.26
2,852.95
111.78%
Interest
366.20
133.62
232.58
174.06%
Exceptional Items
-63.24
0.00
-63.24
Gross Profit (PBDT)
4,975.77
2,418.64
2,557.13
105.73%
Depreciation
1,753.63
774.96
978.67
126.29%
Profit Before Tax
3,222.14
1,643.68
1,578.46
96.03%
Tax
796.04
400.58
395.46
98.72%
Provisions and contingencies
0.00
0.00
0.00
Profit After Tax
2,426.10
1,243.10
1,183.00
95.17%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
Net Profit
2,426.10
1,243.10
1,183.00
95.17%
Share in Profit of Associates
0.00
0.00
0.00
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
2,426.10
1,243.10
1,183.00
95.17%
Equity Capital
4.24
38.66
-34.42
-89.03%
Face Value
10.00
2.00
0.00
Reserves
20,970.32
10,916.63
10,053.69
92.10%
Earnings per share (EPS)
5,721.93
64.31
5,657.62
8,797.42%
Diluted Earnings per share
5,720.39
64.30
5,656.09
8,796.41%
Operating Profit Margin (Excl OI)
15.73%
21.25%
0.00
-5.52%
Gross Profit Margin
15.97%
22.35%
0.00
-6.38%
PAT Margin
7.79%
11.49%
0.00
-3.70%
Public Share Holdings (%)
0.00%
0.00%
0.00
0.00%
Pledged Promotor Holding (%)
0.00%
0.00%
0.00
0.00%
Annual - Net Sales
Net Sales 31,149.01 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 10.64% vs 11.85% in Mar 2025
Annual - Consolidate Net Profit
Consolidate Net Profit 2,426.10 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 29.51% vs -9.99% in Mar 2025
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 4,900.58 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 20.11% vs -4.08% in Mar 2025
Annual - Interest
Interest 366.20 Cr
in Mar 2026Figures in Cr
YoY Growth in year ended Mar 2026 is 1.71% vs 1.99% in Mar 2025
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 15.73%
in Mar 2026Figures in %
YoY Growth in year ended Mar 2026 has improved from Mar 2025






