
About MRF Limited
Data last updated:
MRF Limited is a public limited company based in Chennai, Tamil Nadu, India. It specialises in auto parts and components, a part of the broader automotive sector. Incorporated on 05 November 1960, the company has been in operation for over 66 years.
Registered with ROC Chennai under CIN L25111TN1960PLC004306. Listed on BSE: 500290 and NSE: MRF.
Capital: an authorised share capital of ₹10 Cr and a paid-up capital of ₹4.24 Cr. Formerly known as Madras Rubber Factory Pvt Ltd. It is led by directors including Rahul Mammen Mappillai and Vimla Abraham.
Last AGM: 07 August 2025. Financial statements filed for year ended 31 March 2025. Office: New No.114 (Old No..124) Greams Road, Chennai, Tamil Nadu, India – 600006.
As per the latest consolidated financials for FY 2025-26, the company reported a revenue of ₹31,149 Cr, a growth of 10.64% compared to the previous year. The net worth stands at ₹20,975 Cr (up 12.71% YoY). Total assets are valued at ₹24,741 Cr (up 8% YoY).
The company has a workforce of approximately 16,974 employees as per the latest available data. Its group structure includes 2 subsidiaries.
The company is associated with 3 brands - Mrf Sports Goods, Mrf Tyres, Mrf Tyres. As per MCA filings, the company has open charges of ₹4,612.78 Cr and satisfied charges of ₹1,600.85 Cr on record.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mrftyres.com.
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered AddressNew No.114 (Old No..124) Greams Road, Chennai, Tamil Nadu, India – 600006
- IndustryAutomotive, Auto Parts & Components
- Historical Financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Litigation, compliance and MCA filings
- PDF report delivered after checkout
CIN History of MRF
MRF has one previous CIN (Corporate Identification Number): U25111TN1960PLC004306. The current CIN is L25111TN1960PLC004306, which is the unique identifier assigned by the Registrar of Companies.
| CIN | Status |
|---|---|
| L25111TN1960PLC004306 | Current |
| U25111TN1960PLC004306 | Previous |
Associated Brands with MRF
MRF operates multiple associated brands including MRF Sports Goods, MRF Tyres, and MRF Tyres. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Sports goods manufacturing and distribution, with a focus on cricket equipment. | mrfsports.com | |
| MRF Tyres is recognized as India's largest tyre manufacturer. | mrftyres.com | |
| Tyre manufacturing, sales, and maintenance services in India. | mrftyresandservice.com |
Competitors & Alternatives of MRF
Brands and companies operating in the same space as MRF Limited include Goodyear, Michelin, Pirelli and 7 more.
| Competitor | Description | Location | Founded |
|---|---|---|---|
| | Tires for vehicles and machinery are manufactured and supplied worldwide. | Akron, United States, United States | 1898 |
| | Composites, tires, and components are manufactured for diverse industries. | Clermont Ferrand, France, France | 1889 |
| | Manufacturer and supplier of tyres | Milan, Italy, Italy | 1872 |
| | Bridgestone is recognized as a global tire manufacturer. | Tokyo, Japan, Japan | 1931 |
| | Manufacturer and supplier of tyres | Nokia, Finland, Finland | 1898 |
| | Manufacturer and supplier of tires to aftermarket | Franklin, United States, United States | 1995 |
| | Manufacturer of tires for passenger & commercial vehicles | Mumbai, India, India | 1958 |
| | Automotive tires are manufactured and supplied worldwide by Continental Tires. | Hannover, Germany, Germany | 1871 |
| | Manufacturer and supplier of tires | Greenville, United States, United States | 1950 |
| | Manufacturer of tyres for automobiles | Delhi, India, India | 1951 |
Business Activity of MRF
The main business activity of MRF is manufacturing. In detail, this covers plastic products, non-metallic mineral products, rubber products, fabricated metal products.
| Main Activity Group Code | Description of Main Activity | Business Activity Code | Description of Business Activity | Turnover Percentage |
|---|---|---|---|---|
| C | Manufacturing | C8 | Plastic products, non-metallic mineral products, rubber products, fabricated metal products | Locked |
Business activity turnover details for MRF Limited
Turnover share and past changes in activity are in the company report.
- Turnover contribution
- Historical classifications
- Filing-level activity changes
Verified entity values are shown only after access is granted.
Auditor Details of MRF
MRF Limited is audited by M M NISSIM & CO LLP for the financial year 2023.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| M M NISSIM & CO LLP | Locked | Locked | Locked |
Complete auditor history for MRF Limited
Appointment and cessation dates and past auditor changes are in the company report.
- Appointment status
- Appointment dates
- Cessation dates
- Auditor changes
Verified entity values are shown only after access is granted.
Board of Directors of MRF Limited
MRF has 14 current directors and 15 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Rahul Mammen Mappillai Also directs: KMMM Partners LLP, Chennai International Centre | Managing Director | 04 May 2017 | 9 Years 4 Months | Current |
| Vimla Abraham Also directs: The Padinjarekara Agencies Private Limited | Director | 05 Feb 2019 | 7 Years 7 Months | Current |
| Kandathil Mammen Mammen Also directs: MRF International Limited, MRF Corp Limited, Stable Investments and Finance Company Limited and 2 more | Managing Director | 20 Feb 1981 | 45 Years 7 Months | Current |
| Arun Mammen Also directs: KMMM Partners LLP, Automotive Tyre Manufacturers Association, MRF International Limited and 4 more | Managing Director | 01 Apr 2013 | 13 Years 6 Months | Current |
| Cibi Mammen Also directs: Funskool(India) LTD., Coastal Rubber Equipment Private Limited, Devon Machines Private Limited and 5 more | Director | 12 Feb 2015 | 11 Years 7 Months | Current |
| Ambika Mammen Also directs: Funskool(India) LTD., Braga Industries LLP, Coastal Rubber Equipment Private Limited and 5 more | Director | 23 Apr 2015 | 11 Years 5 Months | Current |
Financials of MRF Limited FY 2025-26 filings available
MRF Limited reported revenue of ₹31,149 Cr (up 10.64% YoY) for FY 2025-26.
Financial Highlights
FY 2025-26 · ConsolidatedRevenue vs Net Profit ₹ Cr
Margin trends
Financial summary ₹ Cr
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 31,149 | 28,153 | 25,169 | 23,008 | 19,317 | 16,163 | 16,239 |
| Revenue growth | +9.3% | +15.1% | +1.4% | +19.4% | +30.6% | -4.6% | +0.8% |
| EBITDA | 4,845 | 4,088 | 4,262 | 2,397 | 2,059 | 2,949 | 2,382 |
| EBITDA margin | +15.6% | +14.5% | +16.9% | +10.4% | +10.7% | +18.3% | +14.7% |
| Profit before tax | 3,222 | 2,483 | 2,787 | 1,070 | 908 | 1,737 | 1,434 |
| Net profit | 2,475 | 1,875 | 2,089 | 700 | 665 | 1,280 | 1,413 |
| Net profit margin | +8.0% | +6.7% | +8.3% | +3.0% | +3.4% | +7.9% | +8.7% |
| EPS (₹) | 5,721.91 | 4,418.11 | 4,908.54 | 1,813.51 | 1,578.37 | 3,011.93 | 3,355.09 |
| Balance sheet | |||||||
| Total assets | 24,741 | 22,908 | 20,120 | 18,171 | 17,768 | 16,198 | 14,836 |
| Net worth | 20,975 | 18,610 | 16,703 | 14,708 | 14,032 | 13,414 | 12,215 |
| Total debt | 3,207 | 3,771 | 2,822 | 3,014 | 3,229 | 2,388 | 1,854 |
| Cash & bank | 2,183 | 487 | 345 | 258 | 180 | 169 | 1,181 |
| Net working capital | 5,065 | 3,774 | 2,020 | 1,452 | 2,771 | (385) | 2,460 |
| Cash flow | |||||||
| Cash from operations | 4,590 | 1,865 | 3,303 | 2,755 | (578) | 4,325 | 2,271 |
| Cash from investing | (3,539) | (2,077) | (2,381) | (1,922) | 166 | (5,087) | (162) |
| Cash from financing | (1,120) | 282 | (868) | (840) | 424 | (250) | (1,032) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,416 | 8,044 | 8,050 | 7,379 | 7,676 | 7,075 | 7,001 | 6,881 |
| Revenue growth (YoY) | +9.6% | +13.7% | +15.0% | +7.2% | +6.7% | +11.4% | +13.6% | +10.7% |
| Other income | 195 | 153 | 127 | 108 | 129 | 115 | 98.08 | 113 |
| EBITDA | 991 | 1,305 | 1,323 | 1,126 | 1,070 | 1,074 | 835 | 1,011 |
| EBITDA margin | +11.8% | +16.2% | +16.4% | +15.3% | +13.9% | +15.2% | +11.9% | +14.7% |
| Depreciation | 448 | 442 | 438 | 445 | 429 | 433 | 415 | 410 |
| Interest | 88.33 | 86.33 | 91.23 | 90.23 | 98.41 | 97.93 | 93.65 | 83.78 |
| Profit before tax | 650 | 930 | 920 | 699 | 672 | 659 | 424 | 631 |
| Tax | 154 | 227 | 226 | 173 | 170 | 149 | 109 | 160 |
| Net profit | 495 | 702 | 695 | 526 | 502 | 510 | 315 | 471 |
| EPS (₹) | 1,167.97 | 1,655.80 | 1,631.23 | 1,239.38 | 1,180.04 | 1,207.48 | 743.80 | 1,109.85 |
| Metrics | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Income statement | |||||||
| Revenue | 30,652 | 27,665 | 24,674 | 22,578 | 18,990 | 15,921 | 15,991 |
| Revenue growth | +9.5% | +15.6% | +1.3% | +19.2% | +30.3% | -4.7% | +0.6% |
| EBITDA | 4,696 | 3,961 | 4,174 | 2,343 | 2,020 | 2,901 | 2,330 |
| EBITDA margin | +15.3% | +14.3% | +16.9% | +10.4% | +10.6% | +18.2% | +14.6% |
| Profit before tax | 3,133 | 2,420 | 2,739 | 1,119 | 879 | 1,700 | 1,399 |
| Net profit | 2,403 | 1,821 | 2,048 | 688 | 644 | 1,252 | 1,385 |
| Net profit margin | +7.8% | +6.6% | +8.3% | +3.1% | +3.4% | +7.9% | +8.7% |
| EPS (₹) | 5,555.19 | 4,298.47 | 4,813.56 | 1,925.07 | 1,526.75 | 2,945.90 | 3,290.05 |
| Balance sheet | |||||||
| Total assets | 22,700 | 21,156 | 19,414 | 17,520 | 16,700 | 15,088 | 14,137 |
| Net worth | 20,452 | 18,176 | 16,441 | 14,509 | 13,777 | 13,179 | 12,004 |
| Total debt | 1,690 | 2,453 | 2,377 | 2,561 | 2,415 | 1,514 | 1,365 |
| Cash & bank | 2,025 | 249 | 240 | 156 | 115 | 105 | 1,107 |
| Net working capital | 3,299 | 2,128 | 1,397 | 864 | 1,834 | (1,371) | 1,855 |
| Cash flow | |||||||
| Cash from operations | 4,639 | 2,639 | 3,230 | 2,417 | (657) | 4,687 | 2,079 |
| Cash from investing | (3,372) | (2,107) | (2,318) | (1,927) | 177 | (5,063) | (168) |
| Cash from financing | (1,250) | (523) | (823) | (457) | 491 | (625) | (864) |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,292 | 7,908 | 7,934 | 7,250 | 7,560 | 6,944 | 6,883 | 6,760 |
| Revenue growth (YoY) | +9.7% | +13.9% | +15.3% | +7.2% | +6.8% | +11.7% | +13.8% | +11.1% |
| Other income | 191 | 148 | 123 | 107 | 125 | 111 | 96.60 | 112 |
| Total expenses | 7,343 | 6,645 | 6,646 | 6,160 | 6,526 | 5,901 | 6,081 | 5,787 |
| EBITDA | 949 | 1,263 | 1,287 | 1,090 | 1,034 | 1,043 | 802 | 973 |
| EBITDA margin | +11.4% | +16.0% | +16.2% | +15.0% | +13.7% | +15.0% | +11.6% | +14.4% |
| Depreciation | 446 | 441 | 436 | 443 | 427 | 431 | 414 | 408 |
| Interest | 69.72 | 70.56 | 73.57 | 70.77 | 82.16 | 78.19 | 71.09 | 66.73 |
| Profit before tax | 625 | 900 | 901 | 682 | 651 | 645 | 413 | 611 |
| Tax | 150 | 219 | 221 | 171 | 166 | 147 | 106 | 155 |
Financial Statements
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,416 | 8,044 | 8,050 | 7,379 | 7,676 | 7,075 | 7,001 | 6,881 |
| Revenue growth (YoY) | +9.6% | +13.7% | +15.0% | +7.2% | +6.7% | +11.4% | +13.6% | +10.7% |
| Other income | 195 | 153 | 127 | 108 | 129 | 115 | 98.08 | 113 |
| EBITDA | 991 | 1,305 | 1,323 | 1,126 | 1,070 | 1,074 | 835 | 1,011 |
| EBITDA margin | +11.8% | +16.2% | +16.4% | +15.3% | +13.9% | +15.2% | +11.9% | +14.7% |
| Depreciation | 448 | 442 | 438 | 445 | 429 | 433 | 415 | 410 |
| Interest | 88.33 | 86.33 | 91.23 | 90.23 | 98.41 | 97.93 | 93.65 | 83.78 |
| Profit before tax | 650 | 930 | 920 | 699 | 672 | 659 | 424 | 631 |
| Tax | 154 | 227 | 226 | 173 | 170 | 149 | 109 | 160 |
| Net profit | 495 | 702 | 695 | 526 | 502 | 510 | 315 | 471 |
| EPS (₹) | 1,167.97 | 1,655.80 | 1,631.23 | 1,239.38 | 1,180.04 | 1,207.48 | 743.80 | 1,109.85 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 31,149 | 28,153 | 25,169 | 23,008 | 19,317 | 16,163 | 16,239 |
| Revenue growth | +9.3% | +15.1% | +1.4% | +19.4% | +30.6% | -4.6% | +0.8% |
| Other income | 505 | 417 | 317 | 253 | 317 | 210 | 335 |
| Total expenses | 26,304 | 24,065 | 20,908 | 20,612 | 17,258 | 13,214 | 13,857 |
| Employee cost | 2,046 | 1,885 | 1,798 | 1,595 | 1,502 | 1,415 | 1,345 |
| EBITDA | 4,845 | 4,088 | 4,262 | 2,397 | 2,059 | 2,949 | 2,382 |
| EBITDA margin | +15.6% | +14.5% | +16.9% | +10.4% | +10.7% | +18.3% | +14.7% |
| Depreciation | 1,754 | 1,654 | 1,430 | 1,253 | 1,205 | 1,141 | 982 |
| Interest | 374 | 368 | 361 | 326 | 263 | 282 | 301 |
| Profit before tax | 3,222 | 2,483 | 2,787 | 1,070 | 908 | 1,737 | 1,434 |
| Tax | 796 | 610 | 706 | 301 | 239 | 460 | 11.68 |
| Net profit | 2,475 | 1,875 | 2,089 | 700 | 665 | 1,280 | 1,413 |
| Net profit margin | +8.0% | +6.7% | +8.3% | +3.0% | +3.4% | +7.9% | +8.7% |
| EPS (₹) | 5,721.91 | 4,418.11 | 4,908.54 | 1,813.51 | 1,578.37 | 3,011.93 | 3,355.09 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 |
| Reserves & surplus | 20,970 | 18,606 | 16,699 | 14,703 | 14,028 | 13,409 | 12,210 |
| Shareholders' funds (net worth) | 20,975 | 18,610 | 16,703 | 14,708 | 14,032 | 13,414 | 12,215 |
| Minority interest | 0.19 | 0.18 | 0.17 | 0.16 | 0.15 | 0.14 | 0.13 |
| Secured loans | 390 | 983 | 788 | 1,070 | 950 | 299 | 483 |
| Unsecured loans | 2,816 | 2,788 | 2,033 | 1,944 | 2,279 | 2,089 | 1,371 |
| Total debt | 3,207 | 3,771 | 2,822 | 3,014 | 3,229 | 2,388 | 1,854 |
| Total liabilities | 24,741 | 22,908 | 20,120 | 18,171 | 17,768 | 16,198 | 14,836 |
| Assets | |||||||
| Gross block | 24,236 | 22,925 | 20,227 | 16,973 | 15,287 | 14,079 | 12,427 |
| Net block | 12,966 | 13,223 | 12,046 | 10,118 | 9,522 | 9,441 | 8,870 |
| Capital work in progress | 1,034 | 1,169 | 2,385 | 3,046 | 1,233 | 1,002 | 1,741 |
| Investments | 3,398 | 4,548 | 3,383 | 3,085 | 3,656 | 5,874 | 1,519 |
| Inventories | 5,417 | 5,625 | 4,469 | 4,141 | 4,130 | 2,939 | 2,905 |
| Sundry debtors | 3,542 | 3,370 | 2,912 | 2,503 | 2,333 | 2,146 | 2,299 |
| Cash & bank balances | 2,183 | 487 | 345 | 258 | 180 | 169 | 1,181 |
| Loans & advances | 619 | 611 | 562 | 364 | 1,024 | 364 | 252 |
| Total current assets | 11,760 | 10,093 | 8,288 | 7,266 | 7,667 | 5,619 | 6,637 |
| Total current liabilities | 6,695 | 6,319 | 6,268 | 5,814 | 4,896 | 6,004 | 4,177 |
| Net working capital | 5,065 | 3,774 | 2,020 | 1,452 | 2,771 | (385) | 2,460 |
| Total assets | 24,741 | 22,908 | 20,120 | 18,171 | 17,768 | 16,198 | 14,836 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 374 | 304 | 249 | 254 | 167 | 1,179 | 102 |
| Net cash from operating activities | 4,590 | 1,865 | 3,303 | 2,755 | (578) | 4,325 | 2,271 |
| Net cash from investing activities | (3,539) | (2,077) | (2,381) | (1,922) | 166 | (5,087) | (162) |
| Net cash from financing activities | (1,120) | 282 | (868) | (840) | 424 | (250) | (1,032) |
| Net change in cash | (69.26) | 69.58 | 54.56 | (5.88) | 11.84 | (1,012) | 1,077 |
| Closing cash | 2,183 | 487 | 345 | 258 | 180 | 169 | 1,181 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.6% | +11.9% | +9.4% | +19.1% | +19.5% | -0.5% | +1.1% |
| EBITDA growth | +18.5% | -4.1% | +77.8% | +16.4% | -30.2% | +23.8% | +3.1% |
| PBT growth | +29.8% | -10.9% | +160.6% | +17.8% | -47.7% | +21.1% | -13.2% |
| Net income growth | +32.0% | -10.2% | +198.5% | +5.2% | -48.0% | -9.4% | +25.2% |
| Revenue CAGR (3Y) | +10.6% | +13.4% | +15.9% | +12.3% | +6.3% | +2.6% | +6.6% |
| EBITDA CAGR (3Y) | +26.5% | +25.7% | +13.1% | +0.2% | -3.8% | +8.8% | -3.4% |
| Profitability & leverage | |||||||
| Net income margin | +7.8% | +6.7% | +8.3% | +3.3% | +3.5% | +7.9% | +8.8% |
| Return on capital employed | +15.1% | +13.3% | +16.5% | +7.8% | +6.9% | +13.0% | +12.2% |
| Return on net worth | +12.3% | +10.6% | +13.3% | +5.4% | +4.9% | +10.0% | +12.3% |
| Debt / equity | 0.18 | 0.19 | 0.19 | 0.22 | 0.20 | 0.17 | 0.19 |
| Long-term debt / equity | 0.05 | 0.07 | 0.09 | 0.09 | 0.08 | 0.07 | 0.08 |
| Interest cover | 12.10 | 15.11 | 12.75 | 28.55 | 30.78 | 15.57 | 21.49 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.32 | 1.30 | 1.35 | 1.43 | 1.32 | 1.22 | 1.49 |
| Inventory turnover | 5.64 | 5.58 | 5.85 | 5.56 | 5.47 | 5.53 | 5.51 |
| Debtors turnover | 9.01 | 8.96 | 9.30 | 9.52 | 8.63 | 7.27 | 6.94 |
| EPS (₹) | 5,721.91 | 4,418.11 | 4,908.54 | 1,813.51 | 1,578.37 | 3,011.93 | 3,355.09 |
| Dividend per share (₹) | 235.00 | 235.00 | 200.00 | 175.00 | 150.00 | 150.00 | 100.00 |
| Book value per share (₹) | 49,468.30 | 43,890.94 | 39,393.84 | 34,687.88 | 33,093.75 | 31,636.01 | 28,808.28 |
| Particulars | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 8,292 | 7,908 | 7,934 | 7,250 | 7,560 | 6,944 | 6,883 | 6,760 |
| Revenue growth (YoY) | +9.7% | +13.9% | +15.3% | +7.2% | +6.8% | +11.7% | +13.8% | +11.1% |
| Other income | 191 | 148 | 123 | 107 | 125 | 111 | 96.60 | 112 |
| Total expenses | 7,343 | 6,645 | 6,646 | 6,160 | 6,526 | 5,901 | 6,081 | 5,787 |
| EBITDA | 949 | 1,263 | 1,287 | 1,090 | 1,034 | 1,043 | 802 | 973 |
| EBITDA margin | +11.4% | +16.0% | +16.2% | +15.0% | +13.7% | +15.0% | +11.6% | +14.4% |
| Depreciation | 446 | 441 | 436 | 443 | 427 | 431 | 414 | 408 |
| Interest | 69.72 | 70.56 | 73.57 | 70.77 | 82.16 | 78.19 | 71.09 | 66.73 |
| Profit before tax | 625 | 900 | 901 | 682 | 651 | 645 | 413 | 611 |
| Tax | 150 | 219 | 221 | 171 | 166 | 147 | 106 | 155 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Revenue | 30,652 | 27,665 | 24,674 | 22,578 | 18,990 | 15,921 | 15,991 |
| Revenue growth | +9.5% | +15.6% | +1.3% | +19.2% | +30.3% | -4.7% | +0.6% |
| Other income | 488 | 403 | 312 | 329 | 315 | 207 | 330 |
| Total expenses | 25,957 | 23,704 | 20,500 | 20,235 | 16,969 | 13,021 | 13,661 |
| Employee cost | 1,992 | 1,832 | 1,750 | 1,559 | 1,472 | 1,388 | 1,321 |
| EBITDA | 4,696 | 3,961 | 4,174 | 2,343 | 2,020 | 2,901 | 2,330 |
| EBITDA margin | +15.3% | +14.3% | +16.9% | +10.4% | +10.6% | +18.2% | +14.6% |
| Depreciation | 1,747 | 1,647 | 1,425 | 1,249 | 1,201 | 1,137 | 981 |
| Interest | 303 | 297 | 323 | 304 | 255 | 271 | 281 |
| Profit before tax | 3,133 | 2,420 | 2,739 | 1,119 | 879 | 1,700 | 1,399 |
| Tax | 778 | 597 | 698 | 303 | 232 | 451 | 4.34 |
| Net profit | 2,403 | 1,821 | 2,048 | 688 | 644 | 1,252 | 1,385 |
| Net profit margin | +7.8% | +6.6% | +8.3% | +3.1% | +3.4% | +7.9% | +8.7% |
| EPS (₹) | 5,555.19 | 4,298.47 | 4,813.56 | 1,925.07 | 1,526.75 | 2,945.90 | 3,290.05 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Equity & liabilities | |||||||
| Share capital | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 | 4.24 |
| Reserves & surplus | 20,448 | 18,172 | 16,436 | 14,505 | 13,773 | 13,175 | 12,000 |
| Shareholders' funds (net worth) | 20,452 | 18,176 | 16,441 | 14,509 | 13,777 | 13,179 | 12,004 |
| Secured loans | 190 | 932 | 874 | 1,070 | 950 | 299 | 483 |
| Unsecured loans | 1,499 | 1,521 | 1,503 | 1,491 | 1,464 | 1,214 | 882 |
| Total debt | 1,690 | 2,453 | 2,377 | 2,561 | 2,415 | 1,514 | 1,365 |
| Total liabilities | 22,700 | 21,156 | 19,414 | 17,520 | 16,700 | 15,088 | 14,137 |
| Assets | |||||||
| Gross block | 24,106 | 22,800 | 20,133 | 17,146 | 15,216 | 14,017 | 12,398 |
| Net block | 12,871 | 13,129 | 11,977 | 10,050 | 9,466 | 9,391 | 8,849 |
| Capital work in progress | 1,033 | 1,166 | 2,363 | 3,045 | 1,226 | 1,001 | 1,735 |
| Investments | 3,347 | 4,559 | 3,404 | 3,106 | 3,665 | 5,876 | 1,540 |
| Inventories | 5,338 | 5,539 | 4,361 | 4,043 | 4,062 | 2,880 | 2,853 |
| Sundry debtors | 3,477 | 3,302 | 2,842 | 2,442 | 2,283 | 2,112 | 2,257 |
| Cash & bank balances | 2,025 | 249 | 240 | 156 | 115 | 105 | 1,107 |
| Loans & advances | 544 | 521 | 497 | 345 | 975 | 324 | 228 |
| Total current assets | 11,384 | 9,611 | 7,940 | 6,986 | 7,435 | 5,422 | 6,444 |
| Total current liabilities | 8,085 | 7,484 | 6,543 | 6,122 | 5,600 | 6,793 | 4,590 |
| Net working capital | 3,299 | 2,128 | 1,397 | 864 | 1,834 | (1,371) | 1,855 |
| Total assets | 22,700 | 21,156 | 19,414 | 17,520 | 16,700 | 15,088 | 14,137 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Opening cash | 244 | 236 | 146 | 113 | 103 | 1,104 | 57.52 |
| Net cash from operating activities | 4,639 | 2,639 | 3,230 | 2,417 | (657) | 4,687 | 2,079 |
| Net cash from investing activities | (3,372) | (2,107) | (2,318) | (1,927) | 177 | (5,063) | (168) |
| Net cash from financing activities | (1,250) | (523) | (823) | (457) | 491 | (625) | (864) |
| Net change in cash | 17.23 | 8.06 | 89.24 | 33.20 | 10.31 | (1,001) | 1,047 |
| Closing cash | 2,025 | 249 | 240 | 156 | 115 | 105 | 1,107 |
| Particulars | FY 2025-26 | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 | FY 2019-20 |
|---|---|---|---|---|---|---|---|
| Growth | |||||||
| Sales growth | +10.8% | +12.1% | +9.3% | +18.9% | +19.3% | -0.4% | +1.0% |
| EBITDA growth | +18.5% | -5.1% | +78.1% | +16.0% | -30.4% | +24.5% | +3.6% |
| PBT growth | +29.5% | -11.7% | +144.7% | +27.3% | -48.3% | +21.5% | -13.0% |
| Net income growth | +31.9% | -11.1% | +197.7% | +6.9% | -48.6% | -9.6% | +26.5% |
| Revenue CAGR (3Y) | +10.7% | +13.4% | +15.7% | +12.2% | +6.2% | +2.5% | +6.5% |
| EBITDA CAGR (3Y) | +26.1% | +25.2% | +12.9% | +0.2% | -3.5% | +9.2% | -3.5% |
| Profitability & leverage | |||||||
| Net income margin | +7.7% | +6.6% | +8.3% | +3.6% | +3.4% | +7.9% | +8.7% |
| Return on capital employed | +15.7% | +13.4% | +16.6% | +7.3% | +7.1% | +13.5% | +12.5% |
| Return on net worth | +12.2% | +10.5% | +13.2% | +4.9% | +4.8% | +9.9% | +12.3% |
| Debt / equity | 0.11 | 0.14 | 0.16 | 0.18 | 0.15 | 0.11 | 0.14 |
| Long-term debt / equity | 0.05 | 0.07 | 0.09 | 0.09 | 0.09 | 0.08 | 0.08 |
| Interest cover | 10.27 | 12.83 | 11.73 | 27.78 | 31.09 | 15.35 | 20.82 |
| Efficiency & per share | |||||||
| Fixed asset turnover | 1.31 | 1.29 | 1.32 | 1.40 | 1.30 | 1.21 | 1.47 |
| Inventory turnover | 5.64 | 5.59 | 5.87 | 5.57 | 5.47 | 5.55 | 5.51 |
| Debtors turnover | 9.04 | 9.01 | 9.34 | 9.56 | 8.64 | 7.29 | 6.92 |
| EPS (₹) | 5,555.19 | 4,298.47 | 4,813.56 | 1,925.07 | 1,526.75 | 2,945.90 | 3,290.05 |
| Dividend per share (₹) | 235.00 | 235.00 | 200.00 | 175.00 | 150.00 | 150.00 | 100.00 |
| Book value per share (₹) | 48,235.73 | 42,867.62 | 38,775.12 | 34,219.03 | 32,493.56 | 31,082.22 | 28,312.15 |
Shareholding Pattern of MRF Limited
Shareholding for the quarter ended Sep 2026: promoters hold 27.80%, foreign institutional investors hold 17.40%, domestic institutional investors hold 12.10% and retail and other public shareholders hold 42.70%.
| Sep 2026 | Jun 2026 | Mar 2026 | Dec 2025 | |
|---|---|---|---|---|
| Promoters | 27.80% | 27.80% | 27.70% | 27.70% |
| Public | 72.20% | 72.20% | 72.30% | 72.30% |
Group Structure of MRF Limited
MRF has 2 subsidiary companies. This group structure data is as of FY 2023. The table lists each entity with its relationship and holding.
| Company Name | CIN | Shares Held |
|---|---|---|
| Mrf International Limited | U25111TN1992PLC023695 | - |
| Mrf Corp Limited | U65929TN1985PLC012156 | - |
Showing major subsidiaries. Total: 2.
Charges & Borrowings of MRF
| Date | Lender | Amount | Status |
|---|---|---|---|
| 13 Jan 2020 | Others | ₹761.78 Cr | Open |
| 08 Dec 2006 | Infrastructure Development Finance Company Limited | ₹61 Cr | Open |
| 22 Feb 1996 | State Bank of India | ₹3,790 Cr | Open |
| 09 Apr 2012 | State Bank of Mysore | ₹410 Cr | Satisfied |
| 05 Jan 2012 | The Bank of Tokyo-Mitsubishi Ufj Ltd | ₹204.62 Cr | Satisfied |
Total charge records: 12 View all charges
Employees and EPFO Compliance at MRF
MRF Limited has a workforce of 16,974 employees as of Mar 31, 2024.
Employee and EPFO history for MRF Limited
Monthly headcount, contribution history and filing status are in the company report.
- Monthly headcount
- PF contributions
- ECR filing status
- Establishment history
Verified entity values are shown only after access is granted.
GST Compliance of MRF
GST registrations and filing compliance for MRF Limited
State-wise GST registrations, return filing status and HSN or SAC codes are in the company report.
- GSTIN registrations
- State-wise filing status
- HSN and SAC details
- Tax jurisdiction records
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Credit Ratings, Litigation & Regulatory Alerts for MRF
Credit ratings, litigation, and regulatory alerts for MRF Limited
Credit ratings, court records and regulatory alerts are in the company report.
- Rating history
- Court and tribunal cases
- Regulatory alerts
- Director-linked violations
Verified entity values are shown only after access is granted.
MSME Payment Delays by MRF
MSME payment history for MRF Limited
Amounts due to small suppliers, the reasons given and MSME-1 filings are in the company report.
- Outstanding amounts
- Delay periods and reasons
- MSME-1 filing history
- Vendor payment signals
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Subsidiaries & Group Companies of MRF
Corporate group structure for MRF Limited
Parent, subsidiary, associate and joint venture records with holdings are in the company report.
- Parent company
- Subsidiaries and ownership
- Associates and joint ventures
- Entity investments
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MRF
MCA filings and documents for MRF Limited
Filed forms, annual returns, financial statements and charge filings with their dates are in the company report.
- Incorporation documents
- Annual returns and statements
- Charge filings
- Complete filing index
Verified entity values are shown only after access is granted.
Recent Activity on MRF
Recent News on MRF
Frequently Asked Questions about MRF Limited
MRF is an active public limited company in the automotive sector based in Chennai, Tamil Nadu, India. It was incorporated on 05 November 1960 (66+ years old) and is registered under CIN L25111TN1960PLC004306. Listed on BSE: 500290 and NSE: MRF. The company has 16,974 employees.
MRF reported revenue of ₹31,149 Cr for FY 2025-26 (up 10.64% YoY) based on consolidated financials.
The current directors of MRF are:
- Rahul Mammen Mappillai - Managing Director
- Vimla Abraham - Director
- Kandathil Mammen Mammen - Managing Director
- Arun Mammen - Managing Director
- Cibi Mammen - Director
- Ambika Mammen - Director
- Samir Mappillai Thariyan - Whole-Time Director
- Varun Mammen - Whole-Time Director
- Vikram Taranath Hosangady - Director
- Ramesh Rangarajan - Director
- Dinshaw Keku Parakh - Director
- Vasu Arun - Director
- Vikram Chesetty - Director
- Prasad Oommen - Director
The primary industry of MRF is automotive. The company specifically operates in auto parts and components. The company is currently active in this sector.
Yes. MRF is listed on both BSE (code: 500290) and NSE (symbol: MRF).
MRF can be reached at the registered office: New No.114 Old No.124 Greams Road, Chennai, Tamil Nadu, India – 600006, or through the website mrftyres.com.