MRF

Has MRF declared dividend?

Yes, MRF Ltd. has declared a 30% dividend, amounting to ₹3 per share, with an ex-date of February 14, 2025. The company has shown strong total returns over various periods, with a modest dividend yield of 0.14%.

MRF Ltd. has declared a 30% dividend.<BR><BR>Dividend Details:<BR>- Percentage announced: 30%<BR>- Amount per share: 3 per share<BR>- Ex-date: 14 Feb 25<BR><BR>Dividend Yield: 0.14%.<BR><BR>Total Returns by Period:<BR>In the last 6 months, MRF Ltd. achieved a price return of 6.69% with no dividend return, resulting in a total return of 6.69%.<BR><BR>Over the past year, the company recorded a price return of 10.45% and a dividend return of 0.16%, leading to a total return of 10.61%.<BR><BR>In the 2-year period, MRF Ltd. experienced a price return of 44.22% and a dividend return of 0.38%, culminating in a total return of 44.6%.<BR><BR>For the last 3 years, the price return was 86.39% with a dividend return of 0.77%, resulting in a total return of 87.16%.<BR><BR>In the 4-year period, the company had a price return of 64.02% and a dividend return of 0.72%, achieving a total return of 64.74%.<BR><BR>Over the past 5 years, MRF Ltd. saw a price return of 119.26% and a dividend return of 1.03%, leading to a total return of 120.29%.<BR><BR>Overall, MRF Ltd. has declared a significant dividend while also demonstrating strong total returns across various periods, indicating a robust financial performance. The dividend yield, although modest, complements the impressive price returns over time.

Who are the peers of the MRF?

MRF's peers include Balkrishna Industries, Apollo Tyres, CEAT, JK Tyre, TVS Srichakra, Goodyear India, Tolins Tyres, Indag Rubber, Modi Rubber, and Emerald Tyre. In terms of management risk, growth, and capital structure, MRF shows average performance compared to its peers, with CEAT having the highest 1-year return at 51.97% and Balkrishna Industries the lowest at -19.73%.

Peers: The peers of MRF are Balkrishna Inds, Apollo Tyres, CEAT, JK Tyre & Indust, TVS Srichakra, Goodyear India, Tolins Tyres, Indag Rubber, Modi Rubber, and Emerald Tyre.<BR><BR>Quality Snapshot: Excellent management risk is observed at Balkrishna Inds, Apollo Tyres, and Goodyear India, while Good management risk is found at CEAT, JK Tyre & Indust, TVS Srichakra, and the rest. Average management risk is present at MRF, Tolins Tyres, and Indag Rubber, while Below Average management risk is seen at Modi Rubber and Emerald Tyre. For Growth, Excellent growth is noted at Apollo Tyres, Good growth at MRF, CEAT, and the rest, Average growth at Balkrishna Inds, JK Tyre & Indust, and Tolins Tyres, while Below Average growth is observed at TVS Srichakra, Indag Rubber, Modi Rubber, and Emerald Tyre. In terms of Capital Structure, Excellent capital structure is found at Balkrishna Inds and Goodyear India, while MRF and Tolins Tyres have Good capital structure, Average capital structure is seen at Apollo Tyres and CEAT, and Below Average capital structure is present at JK Tyre & Indust, TVS Srichakra, Modi Rubber, and Emerald Tyre.<BR><BR>Return Snapshot: The peer with the highest 1-year return is CEAT at 51.97%, while the lowest is Balkrishna Inds at -19.73%. MRF's 1-year return is 8.89%, which is higher than Balkrishna Inds but lower than CEAT. Additionally, several peers, including TVS Srichakra, Goodyear India, Indag Rubber, Modi Rubber, and Emerald Tyre, have negative six-month returns.

Who are in the management team of MRF?

As of March 2023, MRF's management team includes K M Mammen (Chairman & Managing Director), Arun Mammen (Vice Chairman & Managing Director), and Rahul Mammen Mappillai (Managing Director), along with several other directors and executives. The team combines extensive experience and governance expertise.

As of March 2023, the management team of MRF includes the following key members:<BR><BR>1. K M Mammen - Chairman & Managing Director<BR>2. Arun Mammen - Vice Chairman & Managing Director<BR>3. Rahul Mammen Mappillai - Managing Director<BR>4. Samir Thariyan Mappillai - Whole-time Director<BR>5. Varun Mammen - Whole-time Director<BR>6. S Dhanvanth Kumar - Company Secretary & Compliance Officer<BR><BR>Additionally, there are several non-executive and independent directors, including:<BR>- Ashok Jacob<BR>- V Sridhar<BR>- Vijay R Kirloskar<BR>- Ranjit I Jesudasen<BR>- Salim Joseph Thomas<BR>- Jacob Kurian<BR>- Cibi Mammen<BR>- Ambika Mammen<BR>- Vimla Abraham<BR>- Vikram Taranath Hosangady<BR>- Ramesh Rangarajan<BR>- Dinshaw Keku Parakh<BR>- Prasad Oommen<BR>- Arun Vasu<BR>- Vikram Chesetty<BR><BR>This diverse team brings a wealth of experience and governance to the company.

What does MRF do?

MRF Ltd. is India's largest tyre manufacturer, with a market cap of INR 64,084 Cr and reported net sales of 70,748 Cr and net profit of 5,121 Cr for March 2025. Key metrics include a P/E ratio of 35.00, a dividend yield of 0.13%, and zero debt.

Overview:<BR>MRF Ltd. is India's largest tyre manufacturer, operating in the Tyres & Rubber Products industry and classified as a Large Cap company.<BR><BR>History:<BR>MRF Ltd. was incorporated in the past, with its latest reported quarterly results for net sales and profit being for March 2025.<BR><BR>Financial Snapshot:<BR>- Net Sales: 70,748 Cr (Quarterly Results - Mar 2025)<BR>- Net Profit: 5,121 Cr (Quarterly Results - Mar 2025)<BR>- Market cap: INR 64,084 Cr (Large Cap)<BR><BR>Key Metrics:<BR>- P/E: 35.00<BR>- Industry P/E: 30<BR>- Dividend Yield: 0.13%<BR>- Debt Equity: 0.00<BR>- Return on Equity: 10.11%<BR>- Price to Book: 3.45<BR><BR>Contact Details:<BR>- Address: New No 114, Greams Road Chennai Tamil Nadu : 600006<BR>- Tel: 91-44-28292777<BR>- Email: mrfshare@mrfmail.com<BR>- Website: http://www.mrftyres.com

Who are the top shareholders of the MRF?

The top shareholders of MRF include Comprehensive Investment And Finance Company Pvt. Ltd. with 10.42%, the Mowi Foundation at 11.98%, mutual funds holding 8.27%, and 17.54% by foreign institutional investors, while individual investors own 12.93% of the shares.

The top shareholders of MRF include a mix of institutional and individual investors. The largest promoter is Comprehensive Investment And Finance Company Pvt. Ltd., holding 10.42%. Among public shareholders, the Mowi Foundation stands out with a significant holding of 11.98%. Additionally, the company has a diverse ownership structure with 8.27% held by mutual funds across 103 schemes and 17.54% by 495 foreign institutional investors (FIIs). Individual investors collectively hold 12.93% of the shares.

How big is MRF?

As of 24th July, MRF Ltd. has a market capitalization of 63,823.00 Cr, with net sales of 28,153.18 Cr and a net profit of 1,869.28 Cr over the latest four quarters. Shareholder's funds are 18,488.46 Cr, and total assets are 29,566.99 Cr.

As of 24th July, MRF Ltd. has a market capitalization of 63,823.00 Cr, categorizing it as a Large Cap company.<BR><BR>In the latest four quarters, MRF reported net sales of 28,153.18 Cr and a net profit of 1,869.28 Cr.<BR><BR>For the latest annual period, MRF's shareholder's funds amounted to 18,488.46 Cr, while total assets were reported at 29,566.99 Cr.

Is MRF overvalued or undervalued?

As of November 7, 2025, MRF is considered overvalued with a PE ratio of 37.46, an EV to EBITDA of 16.86, and a Price to Book Value of 3.64, all significantly higher than its peers like Balkrishna Industries and Apollo Tyres, despite a strong year-to-date stock performance of 21.99%.

As of 7 November 2025, MRF's valuation grade has moved from fair to expensive, indicating a shift in its perceived value. The company is currently overvalued based on its key financial ratios, which include a PE ratio of 37.46, an EV to EBITDA of 16.86, and a Price to Book Value of 3.64. These figures suggest that MRF is trading at a premium compared to its peers.<BR><BR>In comparison to its industry competitors, MRF's PE ratio is notably higher than that of Balkrishna Industries at 32.51 and Apollo Tyres at 31.23, both of which are considered attractive. Additionally, MRF's EV to EBITDA ratio of 16.86 is also elevated when compared to CEAT's 11.36. While MRF has shown strong stock performance, with a year-to-date return of 21.99% compared to the Sensex's 6.50%, the current valuation metrics indicate that the stock is overvalued in the context of its peers.

How has been the historical performance of MRF?

MRF has shown consistent growth in net sales and total assets from March 2019 to March 2025, with net sales increasing to 28,153.18 crore. However, profit margins and cash flow have experienced fluctuations, with profit after tax declining from 2,081.23 crore in March 2024 to 1,869.29 crore in March 2025.

Answer:<BR>The historical performance of MRF shows a consistent growth trend in net sales and profits over the years, with some fluctuations in margins and expenses.<BR><BR>Breakdown:<BR>MRF's net sales have increased from 16,062.46 crore in March 2019 to 28,153.18 crore in March 2025, reflecting a strong upward trajectory. Total operating income followed a similar pattern, reaching 28,153.18 crore in March 2025. However, raw material costs have also risen significantly, from 10,292.57 crore in March 2019 to 18,487.98 crore in March 2025. Operating profit (PBDIT) peaked at 4,570.40 crore in March 2024 but slightly declined to 4,492.58 crore in March 2025. Profit before tax reached a high of 2,787.42 crore in March 2024 before dropping to 2,479.00 crore in March 2025, while profit after tax also saw a decrease from 2,081.23 crore in March 2024 to 1,869.29 crore in March 2025. The company's total assets grew from 19,442.34 crore in March 2020 to 29,566.99 crore in March 2025, indicating robust asset accumulation. Total liabilities increased as well, from 19,442.34 crore in March 2020 to 29,566.99 crore in March 2025, with total debt rising from 1,510.06 crore to 2,904.90 crore during the same period. Cash flow from operating activities peaked at 4,841.00 crore in March 2021 but decreased to 1,867.00 crore in March 2025, while net cash inflow showed a modest increase from 54.00 crore in March 2024 to 67.00 crore in March 2025. Overall, MRF has demonstrated significant growth in sales and assets, although profit margins and cash flow have experienced some volatility.

Is MRF technically bullish or bearish?

As of November 25, 2025, the trend is mildly bullish due to a bullish monthly MACD and daily moving averages, but caution is advised due to mixed signals from the weekly MACD and OBV.

As of 25 November 2025, the technical trend has changed from bullish to mildly bullish. The current stance is mildly bullish, primarily driven by the monthly MACD being bullish and the daily moving averages showing a mildly bullish signal. The Bollinger Bands also indicate a bullish trend on the weekly timeframe, while the KST remains bullish on both weekly and monthly timeframes. However, the weekly MACD is mildly bearish and the OBV is mildly bearish, suggesting some caution. Overall, the strength of the bullish stance is tempered by mixed signals in the shorter timeframes.

When is the next results date for MRF Ltd.?

The next results date for MRF Ltd. is 06 February 2026.

The next results date for MRF Ltd. is scheduled for 06 February 2026.

Are MRF Ltd. latest results good or bad?

MRF Ltd.'s latest Q3 FY26 results are strong, with a net profit of ₹691.83 crores (up 119.32% year-on-year) and record revenue of ₹8,050.43 crores (up 14.99% year-on-year). However, concerns about margin sustainability and a modest return on equity of 8.81% suggest caution for investors.

MRF Ltd.'s latest results for Q3 FY26 can be considered quite good overall. The company reported a net profit of ₹691.83 crores, which marks a significant increase of 119.32% year-on-year and a 31.62% rise compared to the previous quarter. Additionally, revenue reached an all-time high of ₹8,050.43 crores, reflecting a 14.99% year-on-year growth and a 9.10% increase from the previous quarter.<BR><BR>The operating margin improved to 17.38%, which is the highest in the last eight quarters, showing a robust expansion of 545 basis points year-on-year. This indicates effective cost management and a favorable product mix, contributing to the overall profitability surge.<BR><BR>However, while the results are impressive, there are some concerns regarding the sustainability of these margins, given the historical volatility in MRF's performance. The return on equity (ROE) remains relatively modest at 8.81%, which is below the industry average, suggesting that while the company is generating healthy profits, it may not be creating adequate shareholder value relative to the equity capital deployed.<BR><BR>In summary, MRF's recent financial performance demonstrates strong growth and improved profitability, but investors should remain cautious about the sustainability of these results and the company's return metrics.

Should I buy, sell or hold MRF Ltd.?

Why is MRF Ltd. falling/rising?

As of 17-Mar, MRF Ltd. is seeing a slight rise in its stock price to 132,593.70, but it has underperformed its sector and is trading below key moving averages, indicating overall weakness. Despite a recent uptick, the stock has declined over the past week and month, and its valuation metrics suggest caution among investors.

As of 17-Mar, MRF Ltd. is experiencing a slight rise in its stock price, currently at 132,593.70, with a change of 122.45 (0.09%) upward. This increase comes after two consecutive days of decline, indicating a potential trend reversal. However, it is important to note that the stock has underperformed its sector by 0.29% today and is trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, suggesting overall weakness in its price performance.<BR><BR>Despite the recent uptick, MRF Ltd. has shown a decline over the past week and month, with returns of -3.35% and -10.35%, respectively. Year-to-date, the stock is down 13.20%, although it has performed well over a longer horizon, with a 26.12% increase over the past year and a significant 60.29% rise over the last three years. This long-term growth is supported by healthy net sales growth at an annual rate of 14.96% and strong financial metrics, including a low debt-to-equity ratio and high institutional holdings at 30.68%.<BR><BR>The stock's valuation is considered expensive, with a price-to-book value of 2.9, which may deter some investors. While the company has shown robust profit growth of 30.5% over the past year, the PEG ratio of 0.8 indicates that the stock may be overvalued compared to its earnings growth. Therefore, while MRF Ltd. is currently seeing a slight rise in its stock price, the overall trend and valuation metrics suggest caution among investors.

Why is MRF Ltd. falling/rising?

As of 18-Mar, MRF Ltd. is seeing a rise in its stock price to 133,805.90, following recent gains, but it has underperformed its sector today. Despite strong long-term growth and low debt, declining investor participation and high valuation concerns may impact future performance.

As of 18-Mar, MRF Ltd. is experiencing a rise in its stock price, currently at 133,805.90, with a change of 1,212.2 (0.91%) upwards. This increase follows a trend of consecutive gains over the last two days, during which the stock has risen by 1.01%. However, it is important to note that despite this recent uptick, the stock has underperformed its sector by 0.27% today.<BR><BR>The stock's performance over various periods shows mixed results. While it has generated a significant return of 23.90% over the past year, outperforming the market, it has faced declines in shorter time frames, such as a 1-week drop of 1.64% and a 1-month decline of 9.39%. Additionally, MRF Ltd. is currently trading below its moving averages across multiple time frames, indicating a potential bearish trend.<BR><BR>Investor participation appears to be declining, with a notable drop in delivery volume by 25.72% compared to the 5-day average. This decrease in trading activity could suggest waning interest among investors, which may affect future price movements.<BR><BR>On the positive side, MRF Ltd. has a low debt-to-equity ratio of 0.02, indicating financial stability, and has shown healthy long-term growth with net sales increasing at an annual rate of 14.96%. Furthermore, the company has high institutional holdings at 30.68%, which may provide a level of confidence in its fundamentals.<BR><BR>However, the stock's valuation is considered expensive, with a price-to-book value of 2.9, and its return on equity (ROE) stands at 9.5. This premium valuation compared to peers could be a concern for some investors, especially given that while the stock has performed well, its profits have increased by 30.5%, leading to a PEG ratio of 0.8.<BR><BR>In summary, MRF Ltd.'s stock price is currently rising due to recent gains and strong long-term growth indicators, but it faces challenges such as declining investor participation, underperformance in the short term, and concerns regarding its valuation.

Why is MRF Ltd. falling/rising?

As of 19-Mar, MRF Ltd. is facing a stock price decline to Rs 130,600, down 2.4%, following a trend reversal after previous gains. Despite strong fundamentals, the stock's high valuation and decreasing investor interest indicate a challenging environment.

As of 19-Mar, MRF Ltd. is experiencing a decline in its stock price, currently at Rs 130,600, which reflects a decrease of Rs 3,205.9 or 2.4%. This downward movement follows a trend reversal after two consecutive days of gains. The stock has been trading below its 5-day, 20-day, 50-day, 100-day, and 200-day moving averages, indicating a bearish trend.<BR><BR>In the past week, MRF's stock has fallen by 5.24%, while the benchmark Sensex has decreased by 2.40%. Over the past month, MRF's decline is even more pronounced at 10.38%, compared to the Sensex's drop of 10.05%. Year-to-date, MRF's stock is down 14.51%, while the Sensex has fallen by 12.92%. <BR><BR>Investor participation appears to be waning, as evidenced by a 6.33% drop in delivery volume compared to the 5-day average. Despite the company's strong fundamentals, including a low debt-to-equity ratio and healthy long-term growth in net sales, the stock's valuation appears expensive with a price-to-book value of 2.8. This premium valuation, combined with a return on equity of 9.5%, may be contributing to the stock's current sell-off.<BR><BR>Overall, while MRF Ltd. has shown strong performance over the past year with an 18.62% return, the recent price movements and declining investor interest suggest a challenging environment for the stock at this time.

Why is MRF Ltd. falling/rising?

As of 20-Mar, MRF Ltd. is experiencing a decline in its stock price, currently at Rs 127,652.85, reflecting a total decline of 4.6% over the last two days and significant losses over various time frames. The stock's poor performance, negative trading trends, and high valuation concerns are contributing to the current selling pressure.

As of 20-Mar, MRF Ltd. is experiencing a decline in its stock price, currently at Rs 127,652.85, which reflects a change of -2922.55 (-2.24%). The stock has underperformed its sector by 1.49% today and has been on a consecutive downward trend for the last two days, resulting in a total decline of 4.6% during this period. <BR><BR>In terms of recent performance, the stock has seen significant losses over various time frames, including a 5.40% drop over the past week and a 12.80% decrease over the past month. Year-to-date, the stock is down 16.44%, while the broader market, represented by the Sensex, has only declined by 12.54% in the same period. <BR><BR>Today's trading activity indicates that the stock touched an intraday low of Rs 127,000, marking a 2.74% decrease. Additionally, MRF is trading below its moving averages across multiple time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, which typically signals bearish sentiment among investors. <BR><BR>Despite some positive factors, such as a low debt-to-equity ratio and healthy long-term growth in net sales, the stock's expensive valuation, indicated by a price-to-book value of 2.8, may be contributing to the current selling pressure. The return on equity (ROE) of 9.5% and the PEG ratio of 0.8 suggest that the stock may be overvalued relative to its earnings growth, further discouraging investment. <BR><BR>Overall, the combination of recent poor performance, negative trading trends, and valuation concerns are key reasons for the decline in MRF Ltd.'s stock price.

Which are the latest news on MRF?