MRF · MRF Ltd · Tires
MRF · MRF Ltd · Tires
As of 05 Nov close
52-week range
21.6% below 52-week high
52-week range: as of 05 Nov 2026 close.
Price chartDaily closes on the stock page.
Weighted combination of 8 measured readings. Not a probability, a rating or a forecast.
Full signal detail →Fundamentals as of 15 Sep 2026 · the company's own latest record is 52 days old
Revenue (latest Q)
₹8,416 Cr
Revenue YoY
PAT YoY
-1.0%
Operating margin
Revenue, last 8 quarters
P/E (TTM)
P/B
2.6
P/S (TTM)
1.7
Sector P/E
27
Dividend yield
+0.2%
| Company | P/E | P/B | Net margin | ROE | D/E | Div. yield |
|---|---|---|---|---|---|---|
| MRF (this stock) | 22.4 | 2.6 | +7.6% | +11.5% | 0.15 | +0.2% |
| Balkrishna Industries | 32.1 | 3.6 | +11.5% | +11.7% | 8.14 | +0.8% |
| Apollo Tyres | 15.9 | 1.7 | +5.8% | +10.2% | 0.22 | +1.4% |
| CEAT | 23.8 | 2.9 | +3.6% | +11.7% | 0.65 | +1.1% |
Promoter
stable
FII
falling 3q
MF
7.08% (-0.66pp)
falling 3q
Insider trades
No insider trades in the last 12 months.
Bulk/block deals
No bulk/block deals in the last 12 months.
News timeline
- mediumregulatorythehindubusinessline.com· 08 Oct 2026, 12:43 pmMRF receives significant reduction in tax demand in ongoing CST litigation
- lowbusiness-standard.com· 11 Aug 2026, 08:43 amQ1 results: Siemens, MRF, Zydus Lifesciences, RVNL, and 344 more on Aug 11
- unknowneconomictimes.indiatimes.com· 11 Aug 2026, 06:00 amStocks in news: Wipro, BSE, Vodafone Idea, Hyundai India and Airtel
- loweconomictimes.indiatimes.com· 16 Jul 2026, 09:19 amDividend alert! Last day to buy HCL Tech, MRF, Dabur, among 68 stocks for dividend payout worth Rs 1,365
Concalls & investor presentations
AI-generatedNo concall transcripts or investor presentations recorded yet.
AI Summary of Annual Report
AI-generatedMRF Limited reported a consolidated turnover of ₹30,000 crores in FY2025-26, reflecting strong performance despite challenges like rising petro-based raw material prices and Middle East conflict impacts. The company maintained profitability through cost control and strategic planning. Exports increased slightly to ₹2,324 crores. No major legal, regulatory, or liquidity issues were noted, and the company has no pending insolvency proceedings. The Board recommended a final dividend of ₹229 per share.
- Consolidated turnover crossed ₹30,000 crores in FY2025-26.
- Exports increased to ₹2,324 crores, up from ₹2,307 crores in the previous year.
- No material legal, regulatory, or liquidity issues were reported.
- Board recommended a final dividend of ₹229 per share.
- No defaults in loan repayments or regulatory penalties were noted.
Key takeaway: MRF Limited demonstrated strong financial performance with record turnover and stable operations, supported by effective cost management and no significant adverse risks.
The following annual report excerpts provide qualitative strategic context. Do not treat any specific financial figures in these excerpts as authoritative — they may be incorrectly labeled due to PDF table extraction limitations. For precise financial data, refer to the structured fundamentals data above.
Governance disclosures
AI-generatedNeeds attention
Regulatory Action (2 items)
Items of these kinds are disclosed in the filings. This is a count of disclosed items. It is not a finding about the company and its cause has not been independently established.
Regulatory Action
2 occurrencesRecent (last 12 months)
The Competition Commission of India (CCI) imposed a penalty of ₹622.09 crores on the Holding Company for breaching the Competition Act 2002 in 2011-12. The Holding Company's appeal was remanded to CCI for review, and CCI filed an appeal against the NCLAT order in February 2023.
Earlier (1-3 years ago)
The Competition Commission of India (CCI) imposed a penalty of 622.09 Crores on the company for breaching the Competition Act, 2002 during 2011-2012. The company appealed, but the matter was remanded to CCI by the NCLAT in December 2022. CCI appealed to the Supreme Court, and the company also filed an appeal which is pending.
Routine disclosures
Contingent Liability
3 occurrencesRecent (last 12 months)
The company has litigation, claims, and contingent liabilities, as noted in Note 27(q) of the financial statements.
Earlier (1-3 years ago)
The company has contingent liabilities arising from legal proceedings, constructive obligations, and commercial claims, which are subject to significant judgment in estimating provisions.
The company has provisions for litigation and related disputes under IND AS 37, with estimates for probable claims arising from pending disputes under various statutes.
Related-Party Transaction
1 occurrenceEarlier (1-3 years ago)
The company has disclosed related-party transactions involving key management personnel and their close family members, including directors and companies in which directors have an interest.
Statutory dues in dispute
3 occurrencesRecent (last 12 months)
The company has undisputed statutory dues, including Goods and Service Tax, Provident Fund, Employees’ State Insurance, Income Tax, Duty of Customs, Cess, and other statutory dues, which have been regularly deposited. However, there are disputed statutory dues pending before various forums, including the Appellate Commissioner, Appellate Tribunal/Board, and High Court, related to Sales tax / VAT and Penalty under the Central Sales Tax Act, 1956 and VAT Laws, and Customs Duty and Penalty under the Customs Act, 1962, for various financial years.
Earlier (1-3 years ago)
The company has undisputed statutory dues, including Goods and Service Tax, Provident Fund, Employees’ State Insurance, Income Tax, Duty of Customs, Cess, and other statutory dues, which have been regularly deposited. However, there are disputes regarding certain statutory dues from past financial years, with pending disputes in various forums such as Appellate Commissioner, Appellate Tribunal, and High Court, covering periods from 1996-97 to 2021-22.
The company has undisputed statutory dues, including GST, provident fund, and income tax, which have been regularly deposited. However, there are disputed statutory dues pending before various authorities, including Central Sales Tax Act, Customs Act, and others, with amounts in crores and disputes dating back to multiple financial years.
Promoter Share Pledge
1 occurrenceRecent (last 12 months)
1.05% of promoter holding pledged (quarter 2026-Q3 as of 2026-07-18).