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MRF Limited

MRF Limited

NSE: MRF
Auto PartsConsumer CyclicalLARGE CAPMCap ₹52.08k Cr
₹122,790.00₹520.00 (+0.43%)

Market Closed • NSE

Market cap₹52.08k Cr
Enterprise value₹49.83k Cr
P/E TTM21.56
Forward P/E18.37
P/B2.48
EPS TTM₹5,694.36
Forward EPS₹6,682.99
D/E0.15
Dividend yield0.00%
52W high₹163,600.00
52W low₹121,310.00
Price chart(1Y)
1Y Return:-2.17% (₹2725.00)
H: ₹138,990L: ₹121,310
1W+0.31%
1M-1.44%
3M-8.37%
6M-8.78%
1Y-20.91%
Today at a glance

Day range

₹121,600.00₹123,255.00

52 week range

₹121,310.00₹163,600.00
Volume2.4K0.86x 20D avg
Free float50.00%-14.20% volume

MRF Limited closed at INR122790.00 (+0.43%) on volume 0.86x its 20-day average, trading 24.94% below its 52-week high.

Technical analysis
RSI (14)38.1Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹1,503.04Low
SMA 20₹123,539.00BEARISH
SMA 50₹128,039.70BEARISH
SMA 100₹129,052.50BEARISH
SMA 200₹132,934.42BEARISH
CPR bottom₹121,912.50
Pivot₹122,031.67
CPR top₹122,150.83
What changed recently?

2026-Q1

Q1 FY2026 Financial Results

PAT moved +1.5% QoQ

2026-07-17

DIVIDEND Announced

Dividend - Rs 229 Per Share

2026-02-13

DIVIDEND Announced

Interim Dividend - Rs 3 Per Share

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
PASS4/4 criteria
Shariah Compliant
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹3.21k Cr₹52.08k Cr6.16%≤ 33%PASS
Non-halal income ratio–₹31.15k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹31.65k Cr₹31.95k Cr99.05%≥ 20%PASS
Receivables ratio–₹31.95k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E21.5626.80
Forward P/E18.37—
P/B2.482.70
EV/EBITDA—18.00
PEG—1.00
Earnings yield4.603.70
Growth & profitability
RevenuePAT
FY23PAT margin 3.40%
FY24PAT margin 8.30%
FY25PAT margin 6.70%
FY26PAT margin 7.80%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y+10.90%
Revenue CAGR 5Y—
PAT CAGR 3Y+46.70%
PAT CAGR 5Y—
Operating margin6.45%
Net margin7.58%
Financial health & cash flow
Net debt₹2.90k CrModerate
Interest coverage8.60xEBIT / interest
CFO / PAT1.53x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹4.59k Cr
Capital expenditure–
Free cash flow₹3.16k Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall68/100
Valuation60/100
Profitability50/100
Financial health95/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Low Debt Profile: Debt-to-Equity is comfortable at 0.15x

High Cash Flow Conversion: CFO/PAT averaged 1.53x over last 3 years

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Auto Parts.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
17 Jul 2026Dividend₹229.00 / share—17 Jul 2026
13 Feb 2026Dividend₹3.00 / share—13 Feb 2026
21 Nov 2025Dividend₹3.00 / share—21 Nov 2025
18 Jul 2025Dividend₹229.00 / share—18 Jul 2025
14 Feb 2025Dividend₹3.00 / share—14 Feb 2025
19 Nov 2024Dividend₹3.00 / share—19 Nov 2024
—Dividend₹194.00 / share—25 Jul 2024
21 Feb 2024Dividend₹3.00 / share—21 Feb 2024
17 Nov 2023Dividend₹3.00 / share—17 Nov 2023
—Dividend₹169.00 / share—20 Jul 2023
21 Feb 2023Dividend₹3.00 / share—21 Feb 2023
18 Nov 2022Dividend₹3.00 / share—17 Nov 2022
—Dividend₹144.00 / share—27 Jul 2022
18 Feb 2022Dividend₹3.00 / share—17 Feb 2022
19 Nov 2021Dividend₹3.00 / share—17 Nov 2021
—Dividend₹94.00 / share—04 Aug 2021
19 Feb 2021Dividend₹3.00 / share—17 Feb 2021
19 Nov 2020Dividend₹3.00 / share—18 Nov 2020
—Dividend₹94.00 / share—14 Sept 2020
21 Feb 2020Dividend₹3.00 / share—18 Feb 2020
22 Nov 2019Dividend₹3.00 / share—21 Nov 2019
—Dividend₹54.00 / share—01 Aug 2019
19 Feb 2019Dividend₹3.00 / share—15 Feb 2019
20 Nov 2018Dividend₹3.00 / share—19 Nov 2018
—Dividend₹54.00 / share—01 Aug 2018
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)49.10%-5.29% latest vs average
Highest delivery61.09%on 23 Sept
Average volume (20D)2.8KTrading-session average
Conviction trendWeakening-5.29% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Titan Company Limited
Titan Company LimitedTITAN
Open analysis
₹3.94L68.510.34%₹21,356.00₹1,777.00+29.25%+62.88%
Maruti Suzuki India Limited
Maruti Suzuki India LimitedMARUTI
Open analysis
₹3.61L25.201.22%₹52,470.00₹3,447.00+35.92%-9.10%
Mahindra & Mahindra Limited
Mahindra & Mahindra LimitedM&M
Open analysis
₹3.51L17.781.15%₹41,959.00₹3,685.00+22.89%+6.81%
Eternal Limited
Eternal LimitedETERNAL
Open analysis
₹3.00L692.130.00%₹3,349.00₹585.00+38.79%-2.82%
Bajaj Auto Limited
Bajaj Auto LimitedBAJAJ-AUTO
Open analysis
₹2.86L24.741.44%₹17,243.72₹2,982.84+36.35%+34.94%
Eicher Motors Limited
Eicher Motors LimitedEICHERMOT
Open analysis
₹2.00L34.661.13%₹6,632.00₹1,463.00+31.54%+21.41%
TVS Motor Company Limited
TVS Motor Company LimitedTVSMOTOR
Open analysis
₹1.95L56.760.30%₹16,296.00₹1,058.00+33.46%+64.54%
Samvardhana Motherson International Limited
Samvardhana Motherson International LimitedMOTHERSON
Open analysis
₹1.70L38.550.31%₹35,244.00₹1,076.00+16.66%+77.56%
About MRF Limited
MRF Limited

MRF Limited, together with its subsidiaries, engages in the manufacture and sale of rubber products in India and internationally. The company provides tires for passenger cars, two wheelers, fighter aircraft, farm, trucks, OTR, SCV, LCV, pick up, three wheeler, MCV, ICV, and tubes and valves products; rubber products, such as tubes, flaps, and tread rubber products; and manufactures specialty coatings. It also involved in the paints and coats, sports goods, and motorsports businesses. In addition, the company operates MRF T&S that provide computerized nitrogen inflation, tubeless repair, wheel alignment, wheel balancing and tire changing; MRF TireTok which offers robotic wheel alignment, vehicle safety test lane, diagnostic wheel balancing, semi-automatic tyre changer, A/C recovery and recharging, electronic headlight aligner, nitrogen generator membrane type, and special two-wheeler tire changer; MRF Tyredrome; MRF FASST that offers wheels removal and refitment, and tire mounting and de-mounting services; and MRF MuscleZone shops, as well as provides training for light and heavy commercial vehicle driving. The company was founded in 1946 and is based in Chennai, India.

IndiaConsumer Cyclical

Questions investors ask
Is MRF Limited Shariah compliant?

MRF Limited is currently screened as Shariah Compliant under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (6.16%) complies with AAOIFI threshold (≤ 33%).

What is MRF Limited's current valuation relative to peers?

MRF Limited trades at a P/E of 21.6x compared to the sector median of 26.8x, and a Price-to-Book of 2.5x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 0.15x. Interest coverage is 8.6x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at steady rates while net profit growth averaged consistent levels.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.