MRF Limited Files Security Cover Certificate for Unsecured Non-Convertible Debentures

1 min read     Updated on 06 Feb 2026, 09:23 PM
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MRF Limited filed a security cover certificate on February 6, 2026, with NSE and BSE for its unsecured non-convertible debentures, complying with SEBI Circular dated May 19, 2022. The debentures were issued on private placement basis and are listed on NSE. Since these are unsecured instruments, no assets are offered as security, making the detailed asset classification requirements inapplicable to the company's outstanding debt securities.

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MRF Limited has filed a security cover certificate with stock exchanges for its unsecured non-convertible debentures, complying with regulatory requirements set by the Securities and Exchange Board of India.

Regulatory Compliance Filing

The Chennai-based tyre manufacturer submitted the certificate on February 6, 2026, to both the National Stock Exchange of India Limited and Bombay Stock Exchange Limited. The filing was made pursuant to SEBI Circular No. SEBI/HO/MIRSD/MIRSD_CRADT/CIR/P/2022/67 dated May 19, 2022.

Filing Details: Information
Filing Date: February 6, 2026
Submitted By: S Dhanvanth Kumar, Company Secretary
Circular Reference: SEBI/HO/MIRSD/MIRSD_CRADT/CIR/P/2022/67
Circular Date: May 19, 2022

Debenture Characteristics

The security cover certificate pertains to unsecured non-convertible debentures issued by MRF Limited on a private placement basis. These debentures are currently listed on the National Stock Exchange of India Limited.

The company explicitly stated in the certificate that the details are "Not Applicable, Since the outstanding Non-Convertible Debentures issued by the Company are Unsecured debentures." This classification means no specific assets have been pledged as security for these debt instruments.

Certificate Structure

The certificate includes a comprehensive annexure with multiple columns covering various aspects of asset security, including exclusive charges, pari passu charges, and asset valuations. However, given the unsecured nature of the debentures, the detailed asset classification table remains largely inapplicable.

Asset Categories Listed: Status
Property, Plant and Equipment: Not Applicable
Capital Work-in-Progress: Not Applicable
Right of Use Assets: Not Applicable
Intangible Assets: Not Applicable
Investments: Not Applicable
Trade Receivables: Not Applicable

Corporate Information

MRF Limited, with its registered office at 114, Greams Road, Chennai - 600 006, operates under CIN L25111TN1960PLC004306. The company maintains its corporate website at www.mrftyres.com and can be reached at mrfshare@mrfmail.com .

The filing represents routine regulatory compliance for the company's debt securities and ensures transparency for investors and regulatory authorities regarding the security structure of the outstanding debentures.

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Historical Stock Returns for MRF

1 Day5 Days1 Month6 Months1 Year5 Years
-2.10%-2.75%-10.35%-15.03%+11.81%+52.03%

MRF Q3FY26 Results: Revenue ₹8,050Cr, Net Profit ₹692Cr, Interim Dividend Declared

2 min read     Updated on 06 Feb 2026, 01:27 PM
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MRF Limited announced exceptional Q3FY26 financial results with consolidated revenue reaching ₹8,050.43 crores and net profit surging 119.23% to ₹691.83 crores. The company declared a second interim dividend of ₹3 per equity share for FY26, demonstrating strong operational performance and shareholder value creation.

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MRF Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing strong performance across key financial metrics. The Board of Directors approved these results at their meeting held on February 6, 2026.

Strong Q3FY26 Financial Performance

The company delivered robust growth in the third quarter of FY26. On a consolidated basis, revenue from operations reached ₹8,050.43 crores compared to ₹7,000.82 crores in Q3FY25, representing a growth of 15.00%. Total income including other income stood at ₹8,175.01 crores versus ₹7,098.90 crores in the corresponding quarter of the previous year.

Financial Metric: Q3FY26 Q3FY25 Growth (%)
Revenue from Operations: ₹8,050.43 crores ₹7,000.82 crores +15.00%
Total Income: ₹8,175.01 crores ₹7,098.90 crores +15.16%
Consolidated Net Profit: ₹691.83 crores ₹315.46 crores +119.23%
Basic EPS: ₹1,631.23 ₹743.80 +119.37%

Exceptional Profit Growth and Operational Efficiency

MRF's consolidated net profit for Q3FY26 reached ₹691.83 crores, representing a substantial increase of 119.23% from ₹315.46 crores recorded in Q3FY25. This exceptional profit growth demonstrates the company's enhanced operational efficiency and effective cost management strategies.

The company's earnings per share (EPS) improved significantly to ₹1,631.23 in Q3FY26 from ₹743.80 in the corresponding quarter of the previous year, reflecting strong profitability per share.

Nine Months Performance and Dividend Declaration

For the nine months ended December 31, 2025, MRF reported consolidated revenue from operations of ₹23,104.84 crores compared to ₹21,078.36 crores in the corresponding period of the previous year. Consolidated net profit for the nine-month period stood at ₹1,717.94 crores versus ₹1,357.18 crores in the same period last year.

Nine Months Metrics: FY26 FY25 Growth (%)
Revenue from Operations: ₹23,104.84 crores ₹21,078.36 crores +9.62%
Net Profit: ₹1,717.94 crores ₹1,357.18 crores +26.58%
Basic EPS: ₹4,050.65 ₹3,200.04 +26.58%

The Board of Directors declared a second interim dividend of ₹3 per equity share (30%) for FY26. The company has fixed Friday, February 13, 2026, as the record date for dividend payment, with the dividend to be paid on or after Friday, February 27, 2026.

Exceptional Items and Operational Highlights

The company reported exceptional items of ₹77.20 crores in Q3FY26, related to one-time increase in gratuity and leave liability arising from legislative amendments referred to as the "New Labour Codes." This represents a past service cost adjustment under Indian Accounting Standards.

MRF's consolidated net worth increased to ₹20,148.13 crores as of December 31, 2025, compared to ₹17,997.17 crores in the corresponding period of the previous year, reflecting strong balance sheet growth and enhanced shareholder value.

Historical Stock Returns for MRF

1 Day5 Days1 Month6 Months1 Year5 Years
-2.10%-2.75%-10.35%-15.03%+11.81%+52.03%

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1 Year Returns:+11.81%