MRF logo

MRF share price

NSE: MRFBSE: 500290Auto ComponentsMid Cap

Last close ₹1,17,915.00down ₹945.00 (0.80%)BSE ₹1,17,887.00

Share price at the NSE close on 23 Oct 2026. Previous close ₹1,18,860.00.

52-week range of traded prices to 23 Oct 2026
₹1,16,700.00Low, 23 Oct 2026₹1,63,600.00High, 24 Oct 2025
Market cap
₹50,009 Cr181st largest listed
P/E
20.7
P/B
2.4
Dividend yield
0.20%
ROE
12.2%
ROCE
13.1%
Debt to equity
0.11
Volume, NSE
3,01940.4% delivered

Share price

Daily closes since Jan 2007, adjusted for splits and bonuses

−27.3%over a year

Results20-session average 2,620 shares a day, 48.1% delivered

Results

Consolidated; ₹ crore, the charts by years to March, the table by quarter.Quarterly results

Quarter to Jun 2026, against the quarter beforeFiled 11 Aug

Revenue
₹8,416 Crup 4.62%
Net profit
₹495 Crdown 29.46%
Net margin
5.9%

Revenue by year

Net profit by year, a loss in red

The years either side of a change of basis do not compare. From the year to Mar 2018, GST replaced excise duty on 1 Jul 2017, and revenue before that day includes the duty.

₹ croreSep 2024Filed 8 NovDec 2024Filed 7 FebMar 2025Filed 10 JunJun 2025Filed 12 AugSep 2025Filed 14 NovDec 2025Filed 6 FebMar 2026Filed 7 MayJun 2026Filed 11 Aug
Revenue6,8817,0017,0757,6767,3798,0508,0448,416
Net profit471315512500526692702495
Net margin6.8%4.5%7.2%6.5%7.1%8.6%8.7%5.9%
Consolidated. The last eight quarters. The latest is shaded. Net profit is the whole group's, the other owners of its subsidiaries included; P/E and ROE use the company's own share.

Business segments

In the year to Mar 2026 the company reports one business segment, The Company is dealing mainly in rubber products and has no other reportable segment, which carries all its revenue.

Valuation

Today, against the company's own history. Its history crosses a change of basis in the accounts in the year to Mar 2018: days before it are of the company before the change.PE ratio and valuation history

Price to earnings

At or below today's level on 11% of 2,480 trading days over the last 10 years.

LowestHighest
Its median26.4Industry median24.0
Price to book

At or below today's level on 22% of 1,972 trading days since Nov 2018.

LowestHighest
Its median2.7Industry median2.0
EV to EBITDA10.4

At or below today's level on 2% of 1,972 trading days since Nov 2018.

LowestHighest
Its median13.0Industry median16.4
Dividend yield

At or below today's level on 93% of 2,480 trading days over the last 10 years.

LowestHighest
Its median0.15%Industry median1.43%

Where the return came from

Yearly rates to Mar 2026, per-share figures restated for splits and bonuses.

OverReturn a yearEarnings growthChange in P/EDividend yield
1 year+14.2%+29.8%−12.1%0.2%
3 years+15.4%+46.7%−21.5%0.2%
5 years+9.5%+13.7%−3.8%0.2%
Return is price growth plus the average dividend yield. Change in P/E is (1 + price growth) / (1 + earnings growth) - 1, so the parts compound rather than add.

Who owns it

Per cent of the company's shares, from the filing for Sep 2026.Shareholding pattern

Shareholding by group

  • Promoters27.61%
  • Foreign institutions17.10%
  • Indian institutions12.70%
  • Individuals and others42.58%
Holder
COMPREHENSIVE INVESTMENT AND FINANCE COMPANY PVT. LTD.Promoter10.42%
NALANDA INDIA EQUITY FUND LIMITEDForeign portfolio investors, category I4.06%
PENINSULAR INVESTMENTS PRIVATE LIMITEDPromoter2.93%
THE NEW INDIA ASSURANCE COMPANY LTDInsurance companies1.54%
K M MAMMEN [SINGLY] & K M MAMMEN [JOINTLY WITH ARUN MAMMEN]Promoter1.26%
NPS TRUST A/C - SBI PENSION FOUND THROUGH ITS VARIOUS ACCOUNTSProvident and pension funds1.10%
Holders are named in the company's own words: an insurer's holding can carry one of its funds' names. Mutual funds are left out here and listed fund by fund below.

Mutual funds holding it

114 funds disclosed a holding for Sep 2026. What they did in Sep 2026, against each fund's month before. 42 of the 51 funds that added or cut are index funds, ETFs or arbitrage funds: an index fund or ETF holds what its index holds, and an arbitrage fund holds the share against a sale of its future. 2 more funds filed their first portfolio on record, holding it.Mutual fund holdings

Added
24
Cut
27
Held unchanged
61
Sold out
5
Fund
SBI Mutual Fund logoSBI Aggressive Hybrid FundSBI Mutual Fund1,70,0002.47%₹2,129.8 Cr
Kotak Mahindra Mutual Fund logoKotak Mid Cap FundKotak Mahindra Mutual Fund48,9220.92%₹612.9 Cr
Kotak Mahindra Mutual Fund logoKotak Flexi Cap FundKotak Mahindra Mutual Fund38,0000.90%₹476.1 Cr
Edelweiss Mutual Fund logoEdelweiss Mid Cap FundEdelweiss Mutual Fund14,1800.92%₹177.6 Cr
ICICI Prudential Mutual Fund logoICICI Prudential Large & Mid Cap FundICICI Prudential Mutual Fund10,3050.41%₹129.1 Cr
UTI Mutual Fund logoUTI Large Cap FundUTI Mutual Fund6,1910.68%₹77.6 Cr
HDFC Mutual Fund logoHDFC Transportation and Logistics FundHDFC Mutual Fund4,9003.00%₹61.4 Cr
Canara Robeco Mutual Fund logoCanara Robeco Mid Cap FundCanara Robeco Mutual Fund3,6900.93%₹46.2 Cr
Kotak Mahindra Mutual Fund logoKotak Aggressive Hybrid FundKotak Mahindra Mutual Fund3,3320.46%₹41.7 Cr
Tata Mutual Fund logoTata Ethical FundTata Mutual Fund2,4500.85%₹30.7 Cr
Portfolios disclosed for Sep 2026. Weight is the holding as a share of the fund's assets.

Peers and competitors

Tyres & Rubber Products, 20 listed companies, priced on 23 Oct 2026. The table lists the 8 companies closest to MRF in market cap.

Where the company sits among the companies nearest its size

Return on equity across, P/E up, size is market cap
Company
Balkrishna Industries logoBalkrishna IndustriesBALKRISIND40,78629.03.717.7+9.8%−3.3%13.2%11.6%0.76%
Apollo Tyres logoApollo TyresAPOLLOTYRE24,39714.31.56.3+11.2%+105.3%10.9%13.4%1.56%
CEAT logoCEATCEATLTD12,37924.02.58.2+24.5%+4.2%10.8%13.9%1.14%
JK Tyre & Industries logoJK Tyre & IndustriesJKTYRE8,91213.71.57.1+9.9%+45.0%11.9%13.0%1.29%
TVS Srichakra logoTVS SrichakraTVSSRICHAK3,11633.72.612.4+18.6%+244.5%7.8%8.5%0.93%
Goodyear India logoGoodyear IndiaGOODYEAR1,52228.22.510.7+0.8%+21.9%8.9%11.8%4.02%
Megamont logoMegamontMEGAMONT626–22.53,426.2––−0.8%0.6%0.00%
Tolins Tyres logoTolins TyresTOLINS3239.90.97.6+3.5%−16.6%9.5%10.5%0.00%
Market cap in ₹ crore. Growth is the last twelve months against the twelve before. A figure is left empty where it would rest on a loss or the company has under a year of results on record. ROE is the shareholders' profit over their net worth. ROCE is profit before interest and tax over the whole group's net worth plus borrowings, as in the figures at the top of the page.

Dividends

Per share, by the year it was paid for, and the latest payments.Dividend history and dates

Dividend per share, ₹, restated for later splits and bonuses

Highest ₹235.00 a share, years to Mar 2025 and Mar 2026.
Ex-dateTypePer share
17 Jul 2026Final₹229.00
13 Feb 2026Interim₹3.00
21 Nov 2025Interim₹3.00
18 Jul 2025Final₹229.00
14 Feb 2025Interim₹3.00
19 Nov 2024Interim₹3.00
Latest payments, as declared, by ex-date.

Latest announcements

Routine notices left out.Share news and announcements

MRF share price by year

Each calendar year to 2025.MRF share price history

YearClose at year endChangeHighest closeLowest close
20251,52,855.00+17.0%1,62,295.001,02,659.40
20241,30,634.85+0.8%1,50,725.001,19,354.30
20231,29,579.25+46.4%1,29,579.2582,012.00
202288,535.45+20.7%94,900.1063,945.60
202173,338.00−3.2%96,973.8569,950.50
202075,750.45+14.2%80,114.5051,970.25
201966,330.30−1.0%66,978.5552,424.85
201866,984.70−7.4%80,860.4561,022.20
201772,357.05+48.0%74,062.0049,084.40
201648,905.65+22.6%53,892.8031,164.45
₹ per share, adjusted for splits and bonuses since. Change is on the close at the end of the year before.

Recent sessions

The last 10 trading days to 23 Oct 2026, as traded on NSE.

DateOpenHighLowCloseAverage priceVolumeDelivery
23 Oct 20261,19,200.001,19,295.001,16,700.001,17,915.001,17,412.623,01940.4%
22 Oct 20261,20,880.001,20,880.001,18,605.001,18,860.001,19,106.932,72447.7%
21 Oct 20261,22,000.001,22,095.001,19,800.001,20,880.001,20,716.023,71441.9%
19 Oct 20261,22,595.001,22,940.001,21,615.001,21,905.001,22,243.192,20943.9%
16 Oct 20261,22,270.001,23,255.001,21,600.001,22,790.001,22,637.132,37643.8%
15 Oct 20261,22,490.001,22,515.001,21,310.001,22,270.001,21,911.123,71849.7%
14 Oct 20261,22,800.001,22,800.001,22,000.001,22,365.001,22,356.012,00154.1%
13 Oct 20261,22,590.001,22,895.001,21,805.001,22,510.001,22,416.991,11043.3%
12 Oct 20261,22,875.001,22,875.001,22,200.001,22,410.001,22,496.351,35142.9%
9 Oct 20261,22,900.001,22,980.001,21,870.001,22,090.001,22,184.512,59456.3%
Prices in ₹ per share as traded, not adjusted.

About MRF

MRF Limited manufactures tyres. Its range covers vehicles from two-wheelers to heavy commercial vehicles and construction equipment, with products for passenger vehicles, two-wheelers, commercial vehicles and farm use. It sells tyres to vehicle makers as original equipment and to the replacement market. It also makes tyres for motorsport, including rally, circuit racing and motocross. It supplies tractor manufacturers and has entered the superbike tyre segment for high-performance motorcycles. It also operates the MRF Tyredrome on Cathedral Road in Chennai, which is equipped with tyre and wheel care servicing machines.

The company has four subsidiaries: MRF Corp Limited, MRF International Limited, MRF Lanka (P) Ltd and MRF SG PTE. LTD. MRF Corp runs a paints division that sells through retail. In 2025, MRF SG PTE. LTD set up a step-down subsidiary in the United Arab Emirates.

MRF has plants in Chennai and Perambalur in Tamil Nadu, and in Arkonam, Kottayam in Kerala, Goa, Medak and Ankenpally in Telangana, Puducherry and Dahej in Gujarat. Its registered office is in Chennai. It exports tyres, and its exports have grown in markets such as Sri Lanka, Brazil and parts of Africa and the Middle East.

It was incorporated in 1960.

The company's promoters include members of the Mammen family, who also sit on its board. A promoter is the person or group that set up a company or controls it.

Legal name
MRF Limited
NSE symbol
MRF
BSE code
500290
ISIN
INE883A01011
Industry
Auto Components
Listed
Sep 1961 on BSE, Sep 1996 on NSE
Face value
₹10
CIN
L25111TN1960PLC004306
Corporate identity number, the registrar of companies' code for it