MRF

Why is MRF Ltd. falling/rising?

As of 08-Jun, MRF Ltd. is experiencing a decline in its stock price, currently at Rs 122,838.85, reflecting a decrease of 0.56%. The stock has underperformed significantly, with negative returns over various time frames and is trading below its moving averages, indicating a bearish sentiment.

As of 08-Jun, MRF Ltd. is experiencing a decline in its stock price, currently at Rs 122,838.85, which reflects a decrease of Rs 695.9 or 0.56%. This downward trend is evident as the stock has been losing value for the past three days, with a total drop of 1.67% during this period. Additionally, the stock is trading below its moving averages across various time frames, including the 5-day, 20-day, 50-day, 100-day, and 200-day averages, indicating a bearish sentiment.<BR><BR>The stock's performance over the past week and month also shows negative returns of -1.26% and -5.91%, respectively, which are worse than the benchmark Sensex's declines of -1.00% and -4.92%. Year-to-date, MRF Ltd. has fallen by 19.59%, significantly underperforming the Sensex, which has decreased by 13.72% in the same period. Furthermore, the stock is close to its 52-week low, being only 0.56% away from that threshold.<BR><BR>Investor participation appears to be waning, as evidenced by a 3.97% drop in delivery volume compared to the 5-day average. This decline in trading activity may contribute to the stock's falling price. Despite some positive financial indicators, such as a healthy growth rate in net sales and positive quarterly results, the overall sentiment around the stock remains negative due to its underperformance in both the short and long term. The stock's historical returns have also been disappointing, with a -12.24% return over the past year, further influencing investor sentiment and contributing to the current decline in price.

Which are the latest news on MRF?

Are MRF Ltd. latest results good or bad?

MRF Ltd.'s latest results show strong year-on-year growth with a 37.56% increase in net profit and a 13.70% rise in revenue, but there are concerns due to a slight sequential revenue decline and reduced operating margins, indicating potential challenges ahead. Overall, the outlook is cautious as the stock has underperformed the market.

MRF Ltd.'s latest results present a mixed picture. On the positive side, the company reported a net profit of ₹702.25 crore for Q4 FY26, which is a significant increase of 37.56% year-on-year. Additionally, revenue grew by 13.70% year-on-year to reach ₹8,044.22 crore, indicating strong topline momentum.<BR><BR>However, there are concerns regarding the company's performance as well. The revenue showed a slight sequential decline of 0.08% compared to the previous quarter, and the operating margin (excluding other income) decreased to 16.22%, down 117 basis points from the previous quarter. This margin compression raises questions about cost pressures, particularly from rising raw material prices and competitive dynamics in the market.<BR><BR>Furthermore, MRF's stock has underperformed the broader market, declining 7.60% over the past year, while the Sensex fell by only 3.59%. The stock is currently trading below all key moving averages, indicating a bearish technical trend.<BR><BR>In summary, while MRF has demonstrated strong year-on-year growth in profit and revenue, the sequential decline in revenue and operating margin compression suggest challenges ahead. The overall outlook is cautious, with the company needing to address these margin pressures to sustain its growth trajectory.

Should I buy, sell or hold MRF Ltd.?

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.

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.

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 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 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.

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.

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.

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.