About MRL Tyres Limited
Data last updated:
MRL Tyres Limited is a public limited company based in New Delhi, Delhi, India. It operates in the auto parts and components segment of the automotive sector. It was incorporated on 15 July 1978 and has been in existence for over 48 years.
The company is registered with the Registrar of Companies (ROC), Delhi, under CIN U74899DL1978PLC009127. Its GSTIN is 07AAACM0923H3ZS (Delhi). The company holds 17 GST registrations, of which 14 are active.
The company has an authorised share capital of ₹9.9 Cr and a paid-up capital of ₹9.83 Cr. It was formerly known as Malhotra Rubbers Private Limited and Malhotra Rubbers Limited. It is led by directors including Gopal Malhotra Krishan (Managing Director) and Raghav Malhotra (Whole-Time Director).
Its last annual general meeting (AGM) was held on 27 September 2024, and its latest financial statements are for the year ended 31 March 2024. The registered office is at 70/50A Ground Floor Rama Road, Industrial Area Najafgarh Road, New Delhi, Delhi, India – 110015.
As per the financials filed for FY 2025, the company reported a revenue of ₹560.01 Cr, a growth of 10% compared to the previous year. For the same year it recorded a net profit of ₹22.54 Cr (net margin 4%) and EBITDA of ₹61.75 Cr (EBITDA margin 11%). Revenue has grown at a compounded annual rate (CAGR) of 6% over three years and 13% over five years.
The company has about 809 employees on its provident fund (EPFO) records.
The company is associated with 1 brand: MRL Tyres. As per MCA filings, the company has open charges of ₹560.77 Cr and satisfied charges of ₹347.2 Cr on record. Court records list 22 cases involving the company, including 8 filed by the company and 14 filed against it; 5 cases are pending.
The current compliance status is marked as compliant by the Registrar of Companies. For more details, the company can be reached via its website mrltires.com.
Name History of MRL Tyres Limited
MRL Tyres has undergone 2 name changes throughout its history. The company was previously known as Malhotra Rubbers Private Limited, and Malhotra Rubbers Limited. The current legal name is Mrl Tyres Limited.
| Company Name | Status |
|---|---|
| MRL Tyres Limited | Current |
| Malhotra Rubbers Private Limited | Previous |
| Malhotra Rubbers Limited | Previous |
- EmailLocked
- TelephoneLocked
- Website
- Social Media
- Registered Address70/50A Ground Floor Rama Road, Industrial Area Najafgarh Road, New Delhi, Delhi, India – 110015
- IndustryAutomotive, Auto Parts & Components
- Company details, directors and signatories
- Historical financials and ratios
- Shareholding pattern and group structure
- Charges with holder and property details
- Legal cases, compliance and MCA filings
- One PDF report, delivered after checkout
Associated Brands with MRL Tyres Limited
MRL Tyres operates one associated brand: MRL Tyres. Each brand links to its own profile.
| Brand | Description | Website |
|---|---|---|
| Manufactures agricultural, industrial, and commercial tires for worldwide distribution. | mrltires.com |
Business Activity of MRL Tyres Limited
The main business activity of MRL Tyres 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
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.
Financials of MRL Tyres Limited FY 2024 filings available
MRL Tyres Limited reported revenue of ₹560.01 Cr (up 10% YoY) for FY 2025.
Compounded Annual Growth Rate (CAGR) of MRL Tyres Limited
Revenue has grown at a compounded annual rate (CAGR) of 13% over five years, including 10% growth in the latest year. EBITDA rose 2% in the latest year. Three- and five-year figures are compounded annual growth rates (CAGR): the steady yearly rate that links the first and the last year. All are worked out from the filed statements.
Financial Statement Summary of MRL Tyres Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profit and Loss Statement | |||||
| Revenue from Operations | •••• | •••• | •••• | •••• | •••• |
| Other Income | •••• | •••• | •••• | •••• | •••• |
| Total Revenue | •••• | •••• | •••• | •••• | •••• |
| Cost of Materials Consumed | •••• | •••• | •••• | •••• | •••• |
| Employee Benefit Expense | •••• | •••• | •••• | •••• | •••• |
| Finance Costs | •••• | •••• | •••• | •••• | •••• |
| Depreciation and Amortisation | •••• | •••• | •••• | •••• | •••• |
| Other Expenses | •••• | •••• | •••• | •••• | •••• |
| Total Expenses | •••• | •••• | •••• | •••• | •••• |
| EBITDA | ₹61.75 Cr | •••• | •••• | •••• | •••• |
| Profit Before Tax | •••• | •••• | •••• | •••• | •••• |
| Tax Expense | •••• | •••• | •••• | •••• | •••• |
| Net Profit (PAT) | ₹22.54 Cr | •••• | •••• | •••• | •••• |
| Balance Sheet | |||||
| Share Capital | •••• | •••• | •••• | •••• | •••• |
| Reserves and Surplus | •••• | •••• | •••• | •••• | •••• |
| Net Worth (Total Equity) | •••• | •••• | •••• | •••• | •••• |
| Long-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Short-term Borrowings | •••• | •••• | •••• | •••• | •••• |
| Trade Payables | •••• | •••• | •••• | •••• | •••• |
| Total Liabilities | •••• | •••• | •••• | •••• | •••• |
| Fixed Assets | •••• | •••• | •••• | •••• | •••• |
| Investments | •••• | •••• | •••• | •••• | •••• |
| Inventories | •••• | •••• | •••• | •••• | •••• |
| Trade Receivables | •••• | •••• | •••• | •••• | •••• |
| Cash and Bank Balance | •••• | •••• | •••• | •••• | •••• |
| Total Assets | •••• | •••• | •••• | •••• | •••• |
Financial Ratios of MRL Tyres Limited
| Metrics | FY 2024-25 | FY 2023-24 | FY 2022-23 | FY 2021-22 | FY 2020-21 |
|---|---|---|---|---|---|
| Profitability | |||||
| EBITDA Margin | 11% | •••• | •••• | •••• | •••• |
| Net Profit Margin | 4% | •••• | •••• | •••• | •••• |
| Return on Equity (ROE) | •••• | •••• | •••• | •••• | •••• |
| Return on Capital Employed (ROCE) | •••• | •••• | •••• | •••• | •••• |
| Return on Assets (ROA) | •••• | •••• | •••• | •••• | •••• |
| Liquidity and Debt | |||||
| Current Ratio | •••• | •••• | •••• | •••• | •••• |
| Quick Ratio | •••• | •••• | •••• | •••• | •••• |
| Debt-to-Equity Ratio | •••• | •••• | •••• | •••• | •••• |
| Interest Coverage Ratio | •••• | •••• | •••• | •••• | •••• |
| Efficiency and Growth | |||||
| Asset Turnover | •••• | •••• | •••• | •••• | •••• |
| Receivable Days | •••• | •••• | •••• | •••• | •••• |
| Payable Days | •••• | •••• | •••• | •••• | •••• |
| Inventory Days | •••• | •••• | •••• | •••• | •••• |
| Revenue Growth | •••• | •••• | •••• | •••• | •••• |
| Net Profit Growth | •••• | •••• | •••• | •••• | •••• |
Paid data: the figures shown as dots are available after purchase of the company report. Figures as filed with the MCA in Form AOC-4. The full year-wise statements and ratios of MRL Tyres are in the company report.
Financial statements from 2015
Earlier years and trend charts are in the company report.
- Income statements
- Balance sheets
- Cash-flow statements
- Ratios and benchmarks
Verified entity values are shown only after access is granted.
Board of Directors of MRL Tyres Limited
MRL Tyres has 7 current directors and 13 former directors. Current directors are listed first, with their designation and appointment date.
| Name | Designation | Appointment Date | Tenure | Status |
|---|---|---|---|---|
| Ritu Malhotra | Director | 15 Feb 2020 | 6 Years 8 Months | Current |
| Hunar Arora Also directs: Alpha Capacitors Private Limited | Director | 28 Mar 2015 | 11 Years 6 Months | Current |
| Munish Arora | Director | 02 Jun 2017 | 9 Years 4 Months | Current |
| Gopal Malhotra Krishan | Managing Director | 15 Jul 1978 | 48 Years 3 Months | Current |
| Raghav Malhotra | Whole-Time Director | 11 Jun 2007 | 19 Years 4 Months | Current |
| Monit Malhotra | Whole-Time Director | 08 Aug 2005 | 21 Years 2 Months | Current |
Peer Comparison of MRL Tyres Limited
MRL Tyres Limited is compared with the companies closest to it by revenue in the Automobiles industry (Auto Ancillary, Tyres). Net profit, margin and employee counts of each company are in the company report.
| Company | Revenue | Net profit | Margin | Growth (1 yr) | Employees | Location |
|---|---|---|---|---|---|---|
| Rane Engine Valve Limited Listed | ₹570.34 Cr (FY 2024) | •••• | •••• | 14.0% | •••• | Chennai, Tamil Nadu, India |
| Sadhu Forging Ltd | ₹567.65 Cr (FY 2024) | •••• | •••• | -4.0% | •••• | New Delhi, Delhi, India |
| Toyotetsu India Private Limited | ₹566.32 Cr (FY 2024) | •••• | •••• | 11.0% | •••• | Bangalore, Karnataka, India |
| Hyoseong Electric India Private Limited | ₹562.21 Cr (FY 2025) | •••• | •••• | 13.0% | •••• | Sriperumbudur, Tamil Nadu, India |
| Gna Gears Limited | ₹561.94 Cr (FY 2025) | •••• | •••• | 14.0% | •••• | Jalandhar, Punjab, India |
| MRL Tyres Limited this company | ₹560.01 Cr (FY 2025) | •••• | •••• | 10.0% | •••• | New Delhi, Delhi, India |
| Eximiius Autocomps Private Limited | ₹557.78 Cr (FY 2024) | •••• | •••• | -12.0% | •••• | Pune, Maharashtra, India |
| Marquardt India Private Limited | ₹557.12 Cr (FY 2025) | •••• | •••• | 9.0% | •••• | Mawal, Maharashtra, India |
| Ppap Automotive Limited Listed | ₹555.31 Cr (FY 2025) | •••• | •••• | 6.0% | •••• | Delhi, India |
| Ralson Tyres Limited | ₹554.39 Cr (FY 2025) | •••• | •••• | 134.0% | •••• | Ludhiana, Punjab, India |
| Sri Ramadas Motor Transport Ltd. | ₹552.86 Cr (FY 2023) | •••• | •••• | 35.0% | •••• | Kakinada, Andhra Pradesh, India |
Peers are the five companies nearest above and the five nearest below MRL Tyres by revenue in the Automobiles industry (Auto Ancillary, Tyres), from the latest filed financials of each company. Net profit, margin and employee counts of each peer are in the company report.
Auditor Details of MRL Tyres Limited
MRL Tyres Limited is audited by SURENDRA SUBHASH & CO. for the financial year 2022.
| Name | Status | Appointment Date | Cessation Date |
|---|---|---|---|
| SURENDRA SUBHASH & CO. | Locked | Locked | Locked |
Complete auditor history
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.
Ownership and Shareholding of MRL Tyres Limited
Shareholding and ownership data
Promoter, institutional, public and beneficial ownership figures are in the company report.
- Ownership categories
- Historical changes
- Group structure
- FII and DII holdings
Verified entity values are shown only after access is granted.
Charges & Borrowings of MRL Tyres Limited
| Date | Lender | Amount | Status |
|---|---|---|---|
| 31 Oct 2025 | Hdfc Bank Limited | ₹25 Cr | Open |
| 31 Oct 2025 | Hdfc Bank Limited | ₹20 Cr | Open |
| 06 Oct 2025 | Others | ₹7.5 Cr | Open |
| 27 Aug 2025 | Others | ₹37.17 Lakh | Open |
| 07 Feb 2025 | Others | ₹15 Lakh | Open |
Total charge records: 61 View all charges
Legal Cases of MRL Tyres Limited
MRL Tyres Limited has 22 court cases on record: 8 filed by MRL Tyres, 14 filed against it. 5 cases are pending and 17 are disposed.
Cases by court
| Court | Cases | Against the company | Pending |
|---|---|---|---|
| District courts | 14 | 12 | 5 |
| High courts | 8 | 2 | 0 |
Cases on record (5 of 22)
| Court | Type of case | Party | Status |
|---|---|---|---|
| District court, Central, Delhi | Civil suit | Filed by the company against Ms Emaarp Tyres P. Ltd. | Disposed |
| High Court of Delhi | Court case (CS(OS)) | Filed by the company against M/S Emtico Tyre & Rubber Pvt Ltd | Disposed |
| District court, Surendranagar, Gujarat | Court case (CR EN) | Filed against the company by State of Gujarat | Pending |
| District court, South West, Delhi | Civil suit | Filed against the company by State | Pending |
| District court, Central, Delhi | Court case (L I D) | Filed against the company by an individual | Pending |
Full case history
All 22 cases with case numbers, court, year-wise trend, opposite parties and decision dates are in the company report.
- Every case with its case number
- Year-wise trend
- Opposite parties
- Decision dates and orders
Verified entity values are shown only after access is granted.
Case records are compiled from court listings and may lag the court's own records. A case filed against a company is not a finding against it.
Employees and EPFO Compliance at MRL Tyres Limited
MRL Tyres Limited has a workforce of 809 employees as of Apr 05, 2024.
Employee and EPFO history
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.
Recent Activity on MRL Tyres Limited
MRL Tyres Limited has 19 board changes on record since 1978: 7 appointments and 12 cessations. The latest: Amit Madaan ceased to be Additional Director on 30 Dec 2020.
126 earlier events are listed in the company report.
Credit Ratings, Litigation & Regulatory Alerts for MRL Tyres Limited
Credit ratings, litigation, and regulatory alerts
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 MRL Tyres Limited
MSME payment history
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
Verified entity values are shown only after access is granted.
Subsidiaries & Group Companies of MRL Tyres Limited
Corporate group structure
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.
GST Compliance of MRL Tyres Limited
MRL Tyres has 17 GST registrations: 14 active and 3 cancelled or inactive. The first 4 active GSTINs are listed below.
| GSTIN | State | Status | Registered on |
|---|---|---|---|
| 07AAACM0923H3ZS | Delhi | Active | 27 Jul 2017 |
| 08AAACM0923H1ZS | Rajasthan | Active | 01 Jul 2017 |
| 09AAACM0923H1ZQ | Uttar Pradesh | Active | 01 Jul 2017 |
| 23AAACM0923H1Z0 | Madhya Pradesh | Active | 01 Jul 2017 |
GST registrations and filing compliance
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
Verified entity values are shown only after access is granted.
MCA Filings & Documents of MRL Tyres Limited
MCA filings and documents
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.
Related news about MRL Tyres Limited
Frequently Asked Questions about MRL Tyres Limited
MRL Tyres is an active public limited company based in New Delhi, Delhi, India. The company works in auto parts and components, within the automotive industry. It was incorporated on 15 July 1978 (48+ years old) and is registered under CIN U74899DL1978PLC009127.
MRL Tyres reported revenue of ₹560.01 Cr for FY 2025 (up 10% YoY).
MRL Tyres has 7 current directors:
- Gopal Malhotra Krishan - Managing Director
- Raghav Malhotra - Whole-Time Director
- Monit Malhotra - Whole-Time Director
- Ritu Malhotra - Director
- Hunar Arora - Director
- Munish Arora - Director
- Amit Madaan - Director
MRL Tyres reported a net profit of ₹22.54 Cr (net margin 4%) and EBITDA of ₹61.75 Cr (EBITDA margin 11%) for FY 2025, as per its filed financial statements.
The compounded annual growth rate (CAGR) of the revenue of MRL Tyres is 6% over three years and 13% over five years. In the latest year (FY 2025) revenue rose 10%. CAGR is the steady yearly rate that links the first and the last year.
The GSTIN of MRL Tyres is 07AAACM0923H3ZS, registered in Delhi. The company has 17 GST registrations in all, of which 14 are active and 3 are cancelled or inactive. Other active GSTINs include 08AAACM0923H1ZS (Rajasthan), 09AAACM0923H1ZQ (Uttar Pradesh), 23AAACM0923H1Z0 (Madhya Pradesh).
The CIN (Corporate Identification Number) of MRL Tyres is U74899DL1978PLC009127. It is issued by the Ministry of Corporate Affairs under the Companies Act, 2013, and uniquely identifies the company in India.
MRL Tyres has 22 court cases on record: 8 filed by the company and 14 filed against it. 5 are pending. Most are in the district courts.
MRL Tyres was incorporated on 15 July 1978, making it 48+ years old. It is registered with the Registrar of Companies, Delhi.
The peers of MRL Tyres by revenue are Rane Engine Valve Limited, Sadhu Forging Ltd, Toyotetsu India Private Limited, Hyoseong Electric India Private Limited, Gna Gears Limited and 5 more, all in the Automobiles industry (Auto Ancillary, Tyres).
Amit Madaan ceased to be Additional Director on 30 Dec 2020. Ritu Malhotra ceased to be Additional Director on 30 Dec 2020. Amit Madaan was appointed as Director on 15 Feb 2020. MRL Tyres has 19 board changes on record in total.