MRF

1,36,347.60

+1,128.40

(0.83%)

Market Cap (₹ Cr.)

₹57,343

52 Week High

1,51,445.00

Book Value

₹39,394

52 Week Low

1,06,405.00

PE Ratio

27.79

PB Ratio

3.43

PE for Sector

25.59

PB for Sector

3.09

ROE

12.46 %

ROCE

19.27 %

Dividend Yield

0.15 %

EPS

₹4,866.72

Industry

Tyres

Sector

Tyres

Investment Returns

In Long Term

In Short Term

1 Year

0.00%

2 Years

0.00%

3 Years

0.00%

4 Years

0.00%

5 Years

0.00%

Growth Rate

Revenue Growth

9.56 %

Net Income Growth

170.66 %

Cash Flow Change

19.78 %

ROE

138.33 %

ROCE

109.88 %

EBITDA Margin (Avg.)

57.90 %

Financial Results

Quarterly Financials	Mar 2015	Jun 2015	Sept 2015	Dec 2015	Mar 2016	Jun 2016	Sept 2016	Dec 2016	Mar 2017	Jun 2017	Sept 2017	Dec 2017	Mar 2018	Jun 2018	Sept 2018	Dec 2018	Mar 2019	Jun 2019	Sept 2019	Dec 2019	Mar 2020	Jun 2020	Sept 2020	Dec 2020	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024
Revenue	3,333	3,520	3,334	3,254	3,453	3,556	3,372	3,250	3,404	3,656	3,660	3,844	3,945	3,907	4,005	4,160	4,183	4,514	4,042	4,082	3,683	2,474	4,231	4,630	4,794	4,220	4,920	4,899	5,265	5,633	5,795	5,605	5,874	6,397	6,157	6,124	6,307	7,161
Expenses	2,682	2,652	2,484	2,454	2,660	2,642	2,593	2,610	2,816	3,292	2,985	3,096	3,179	3,260	3,347	3,482	3,502	3,807	3,407	3,399	3,055	2,099	3,332	3,604	3,992	3,641	4,319	4,344	4,673	5,121	5,252	4,986	4,882	5,209	4,959	5,008	5,330	5,940
EBITDA	651	868	850	800	793	914	779	640	588	364	675	748	765	647	658	678	681	708	636	684	627	375	899	1,027	802	580	601	555	592	512	544	619	991	1,188	1,198	1,116	978	1,221
Operating Profit %	19 %	23 %	24 %	23 %	21 %	24 %	20 %	18 %	16 %	8 %	17 %	19 %	17 %	15 %	14 %	14 %	14 %	14 %	14 %	15 %	16 %	14 %	20 %	21 %	16 %	12 %	11 %	10 %	10 %	9 %	8 %	10 %	15 %	18 %	19 %	17 %	14 %	16 %
Depreciation	109	117	125	127	140	142	151	154	162	167	174	178	187	187	200	205	215	228	237	249	266	273	284	283	297	301	296	295	310	297	308	315	328	332	350	359	384	394
Interest	64	52	53	54	58	60	63	61	62	63	60	58	65	63	64	63	57	68	66	70	69	74	53	64	75	62	57	63	66	64	70	80	84	78	75	78	86	75
Profit Before Tax	478	699	673	618	595	711	566	425	364	135	441	513	514	397	394	409	409	412	332	364	292	28	562	680	431	217	249	197	217	152	165	224	579	778	773	679	508	751
Tax	145	219	223	203	115	193	125	103	2	11	104	150	125	115	91	68	56	131	96	101	74	73	159	164	94	56	59	51	56	50	37	51	171	184	179	161	100	210
Net Profit	333	480	450	416	423	491	385	288	287	107	300	341	345	261	263	279	294	269	220	237	669	17	403	512	317	161	183	146	157	112	124	169	411	581	572	508	380	563
EPS in ₹	784.28	1,130.70	1,060.85	979.90	998.45	1,157.54	908.46	679.26	676.17	251.19	707.17	802.87	814.20	614.79	620.20	658.46	692.82	633.13	519.58	557.94	1,578.51	40.21	950.27	1,206.56	748.05	380.39	432.39	343.89	369.66	264.94	292.33	399.00	968.29	1,370.98	1,348.53	1,197.83	894.93	1,326.41

Show % Change

Above figures are in Rs. Crores

Balance Sheet

Balance Sheet	2016	2017	2018	2019	2020	2021	2022	2023	2024
Total Assets	13,170	14,925	16,302	18,228	19,154	22,260	22,693	24,024	26,415
Fixed Assets	4,594	5,488	6,075	6,768	8,849	9,391	9,466	10,050	11,977
Current Assets	6,225	7,187	7,697	8,321	7,958	10,152	9,944	8,959	10,202
Capital Work in Progress	1,058	847	1,079	1,403	1,735	1,001	1,226	3,045	2,363
Investments	3,147	3,394	4,146	3,848	1,540	5,876	3,665	3,106	3,404
Other Assets	4,370	5,196	5,001	6,209	7,030	5,991	8,336	7,823	8,671
Total Liabilities	6,009	6,381	6,698	7,574	7,150	9,081	8,916	9,515	9,974
Current Liabilities	4,009	4,476	4,548	5,436	5,176	7,182	6,847	7,351	7,541
Non Current Liabilities	2,000	1,904	2,149	2,138	1,974	1,898	2,069	2,164	2,433
Total Equity	7,161	8,544	9,604	10,653	12,004	13,179	13,777	14,509	16,441
Reserve & Surplus	7,157	8,540	9,600	10,649	12,000	13,175	13,773	14,505	16,436
Share Capital	4	4	4	4	4	4	4	4	4

Show % Change

Above figures are in Rs. Crores

Cash Flow

Cash Flow	2016	2017	2018	2019	2020	2021	2022	2023	2024
Net Cash Flow	-178	101	-80	-41	1,047	-1,001	10	33	89
Investing Activities	-3,406	-1,394	-1,970	-1,310	-168	-5,063	177	-1,927	-2,315
Operating Activities	3,407	1,790	2,529	1,380	2,079	4,687	-657	2,417	3,227
Financing Activities	-179	-295	-639	-112	-864	-625	491	-457	-823

Show % Change

Above figures are in Rs. Crores

Share Holding

% Holding	Mar 2021	Jun 2021	Sept 2021	Dec 2021	Mar 2022	Jun 2022	Sept 2022	Dec 2022	Mar 2023	Jun 2023	Sept 2023	Dec 2023	Mar 2024	Jun 2024
Promoter	27.84 %	27.82 %	27.84 %	27.90 %	27.95 %	27.94 %	27.87 %	27.87 %	27.84 %	27.77 %	27.75 %	27.75 %	27.78 %	27.78 %
FIIs	13.48 %	14.07 %	14.77 %	14.58 %	15.54 %	16.05 %	16.46 %	18.22 %	18.05 %	18.77 %	19.59 %	19.41 %	19.74 %	19.08 %
DIIs	14.28 %	13.66 %	12.96 %	12.90 %	11.73 %	12.46 %	12.49 %	11.37 %	11.66 %	11.72 %	11.19 %	11.46 %	10.57 %	10.74 %
Government	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %	0.00 %
Public / Retail	44.40 %	44.46 %	44.43 %	44.61 %	44.79 %	43.55 %	43.17 %	42.53 %	42.45 %	41.74 %	41.48 %	41.38 %	41.91 %	42.41 %

Show % Change

Peer Comparison Compare Peers on Screener

Competitors	LTP	Market Cap (₹ Cr.)	P/E Ratio	Revenue (₹ Cr.)	YoY Revenue Growth %	Net Profit (₹ Cr.)	YoY Profit Growth %	RSI
Balkrishna Industries	3,090.05	59,434.40	36.47	9,818.09	-2.85	1,471	87.36	58.98
MRF	1,36,347.60	57,342.54	27.79	25,486.05	9.56	2,081	-3.01	52.02
Apollo Tyres	518.45	32,910.93	19.39	25,531.29	3.75	1,722	-23.91	53.65
CEAT	2,815.65	12,004.58	17.51	11,963.21	5.57	635	7.06	48.02
JK Tyre & Industries	422.20	11,251.53	12.99	15,046.13	2.48	811	37.65	50.80
TVS Srichakra	4,316.85	3,399.16	34.28	2,932.63	-2.05	108	-68.32	39.41
Tolins Tyres	205.64	894.48	34.62	228.69	-	26	-	-
Viaz Tyres	52.60	68.12	28.66	46.28	57.90	2	-	40.36

Corporate Action

Technical Indicators

RSI(14)

Neutral

52.02

ATR(14)

Volatile

2,357.69

STOCH(9,6)

Neutral

62.90

STOCH RSI(14)

Neutral

35.78

MACD(12,26)

Bearish

-48.20

ADX(14)

Weak Trend

10.85

UO(9)

Bearish

43.10

ROC(12)

Uptrend And Accelerating

1.43

WillR(14)

Neutral

-36.58