Share Price and Basic Stock Data
Last Updated: April 10, 2025, 10:39 am
| PEG Ratio | 0.00 |
|---|
Competitors of MRF Ltd
| Stock Name ⇩ | Market Cap ⇩ | Current Price ⇩ | High / Low ⇩ | Stock P/E ⇩ | Book Value ⇩ | Dividend Yield ⇩ | ROCE ⇩ | ROE ⇩ | Face Value ⇩ |
|---|---|---|---|---|---|---|---|---|---|
| MRF Ltd | 47,973 Cr. | 1,13,113 | 1,43,850/1,00,500 | 27.4 | 41,659 | 0.18 % | 16.1 % | 12.6 % | 10.0 |
| Industry Average | 47,973.00 Cr | 113,113.00 | 27.40 | 41,659.00 | 0.18% | 16.10% | 12.60% | 10.00 |
Quarterly Result
| Metric | Dec 2021 | Mar 2022 | Jun 2022 | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 4,920 | 5,305 | 5,696 | 5,826 | 5,645 | 5,842 | 6,440 | 6,217 | 6,162 | 6,349 | 7,196 | 6,881 | 7,001 |
| Expenses | 4,427 | 4,765 | 5,203 | 5,346 | 5,083 | 4,988 | 5,310 | 5,060 | 5,108 | 5,437 | 6,037 | 5,870 | 6,166 |
| Operating Profit | 493 | 540 | 493 | 481 | 562 | 854 | 1,130 | 1,157 | 1,055 | 912 | 1,160 | 1,011 | 835 |
| OPM % | 10% | 10% | 9% | 8% | 10% | 15% | 18% | 19% | 17% | 14% | 16% | 15% | 12% |
| Other Income | 70 | 66 | 34 | 77 | 71 | 70 | 75 | 71 | 78 | 94 | 84 | 113 | 98 |
| Interest | 64 | 67 | 66 | 75 | 86 | 92 | 84 | 86 | 90 | 93 | 85 | 84 | 94 |
| Depreciation | 296 | 311 | 298 | 309 | 316 | 330 | 333 | 351 | 360 | 385 | 396 | 410 | 415 |
| Profit before tax | 202 | 228 | 164 | 174 | 231 | 501 | 787 | 791 | 682 | 527 | 763 | 631 | 424 |
| Tax % | 26% | 28% | 25% | 25% | 24% | 32% | 25% | 26% | 25% | 25% | 25% | 25% | 26% |
| Net Profit | 149 | 165 | 124 | 130 | 175 | 341 | 589 | 587 | 510 | 396 | 571 | 471 | 315 |
| EPS in Rs | 352.24 | 389.52 | 291.43 | 306.19 | 412.23 | 803.19 | 1,388.20 | 1,383.27 | 1,201.83 | 933.96 | 1,346.40 | 1,109.85 | 743.79 |
Last Updated: February 28, 2025, 6:20 pm
Below is a detailed analysis of the quarterly data for MRF Ltd based on the most recent figures (Dec 2024) and their trends compared to the previous period:
- For Sales, as of Dec 2024, the value is 7,001.00 Cr.. The value appears strong and on an upward trend. It has increased from 6,881.00 Cr. (Sep 2024) to 7,001.00 Cr., marking an increase of 120.00 Cr..
- For Expenses, as of Dec 2024, the value is 6,166.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 5,870.00 Cr. (Sep 2024) to 6,166.00 Cr., marking an increase of 296.00 Cr..
- For Operating Profit, as of Dec 2024, the value is 835.00 Cr.. The value appears to be declining and may need further review. It has decreased from 1,011.00 Cr. (Sep 2024) to 835.00 Cr., marking a decrease of 176.00 Cr..
- For OPM %, as of Dec 2024, the value is 12.00%. The value appears to be declining and may need further review. It has decreased from 15.00% (Sep 2024) to 12.00%, marking a decrease of 3.00%.
- For Other Income, as of Dec 2024, the value is 98.00 Cr.. The value appears to be declining and may need further review. It has decreased from 113.00 Cr. (Sep 2024) to 98.00 Cr., marking a decrease of 15.00 Cr..
- For Interest, as of Dec 2024, the value is 94.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 84.00 Cr. (Sep 2024) to 94.00 Cr., marking an increase of 10.00 Cr..
- For Depreciation, as of Dec 2024, the value is 415.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 410.00 Cr. (Sep 2024) to 415.00 Cr., marking an increase of 5.00 Cr..
- For Profit before tax, as of Dec 2024, the value is 424.00 Cr.. The value appears to be declining and may need further review. It has decreased from 631.00 Cr. (Sep 2024) to 424.00 Cr., marking a decrease of 207.00 Cr..
- For Tax %, as of Dec 2024, the value is 26.00%. The value appears to be increasing, which may not be favorable. It has increased from 25.00% (Sep 2024) to 26.00%, marking an increase of 1.00%.
- For Net Profit, as of Dec 2024, the value is 315.00 Cr.. The value appears to be declining and may need further review. It has decreased from 471.00 Cr. (Sep 2024) to 315.00 Cr., marking a decrease of 156.00 Cr..
- For EPS in Rs, as of Dec 2024, the value is 743.79. The value appears to be declining and may need further review. It has decreased from 1,109.85 (Sep 2024) to 743.79, marking a decrease of 366.06.
Overall, while many items appear to show a positive trend, any significant downward movement warrant further investigation.
Profit & Loss - Annual Report
Last Updated: March 6, 2025, 3:27 pm
| Metric | Sep 2012 | Sep 2013 | Sep 2014 | Mar 2016n n 18m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales | 11,964 | 12,248 | 13,329 | 20,179 | 13,412 | 14,954 | 16,062 | 16,237 | 16,162 | 19,317 | 23,008 | 25,169 | 27,428 |
| Expenses | 10,692 | 10,468 | 11,384 | 15,743 | 10,763 | 12,665 | 13,744 | 13,855 | 13,208 | 17,256 | 20,604 | 20,896 | 23,510 |
| Operating Profit | 1,272 | 1,780 | 1,945 | 4,437 | 2,649 | 2,288 | 2,317 | 2,382 | 2,954 | 2,061 | 2,404 | 4,272 | 3,918 |
| OPM % | 11% | 15% | 15% | 22% | 20% | 15% | 14% | 15% | 18% | 11% | 10% | 17% | 14% |
| Other Income | 32 | 25 | 63 | 317 | 327 | 330 | 416 | 335 | 205 | 315 | 245 | 306 | 389 |
| Interest | 159 | 196 | 232 | 361 | 257 | 259 | 273 | 301 | 282 | 263 | 326 | 361 | 355 |
| Depreciation | 302 | 374 | 424 | 737 | 611 | 707 | 808 | 982 | 1,141 | 1,205 | 1,253 | 1,430 | 1,606 |
| Profit before tax | 843 | 1,235 | 1,353 | 3,656 | 2,109 | 1,653 | 1,652 | 1,434 | 1,737 | 908 | 1,070 | 2,787 | 2,346 |
| Tax % | 31% | 35% | 33% | 31% | 30% | 32% | 32% | 1% | 26% | 26% | 28% | 25% | |
| Net Profit | 579 | 809 | 908 | 2,509 | 1,486 | 1,132 | 1,131 | 1,423 | 1,277 | 669 | 769 | 2,081 | 1,753 |
| EPS in Rs | 1,366.16 | 1,906.58 | 2,141.71 | 5,916.93 | 3,504.33 | 2,668.20 | 2,665.82 | 3,354.22 | 3,011.15 | 1,577.96 | 1,813.04 | 4,907.26 | 4,134.00 |
| Dividend Payout % | 2% | 2% | 2% | 2% | 2% | 2% | 2% | 3% | 5% | 10% | 10% | 4% |
YoY Net Profit Growth
| Year | 2017-2018 | 2018-2019 | 2019-2020 | 2020-2021 | 2021-2022 | 2022-2023 | 2023-2024 |
|---|---|---|---|---|---|---|---|
| YoY Net Profit Growth (%) | -23.82% | -0.09% | 25.82% | -10.26% | -47.61% | 14.95% | 170.61% |
| Change in YoY Net Profit Growth (%) | 0.00% | 23.73% | 25.91% | -36.08% | -37.35% | 62.56% | 155.66% |
MRF Ltd has shown an inconsistent trend in YoY Net Profit Growth (%) in the last 7 years from 2017-2018 to 2023-2024.
Growth
| Compounded Sales Growth | |
|---|---|
| 10 Years: | 7% |
| 5 Years: | 9% |
| 3 Years: | 16% |
| TTM: | 11% |
| Compounded Profit Growth | |
|---|---|
| 10 Years: | 9% |
| 5 Years: | 12% |
| 3 Years: | 15% |
| TTM: | -13% |
| Stock Price CAGR | |
|---|---|
| 10 Years: | 10% |
| 5 Years: | 14% |
| 3 Years: | 19% |
| 1 Year: | -15% |
| Return on Equity | |
|---|---|
| 10 Years: | 12% |
| 5 Years: | 9% |
| 3 Years: | 7% |
| Last Year: | 13% |
Last Updated: Unknown
Balance Sheet
Last Updated: November 14, 2024, 8:30 pm
| Month | Sep 2012 | Sep 2013 | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Equity Capital | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 | 4 |
| Reserves | 2,857 | 3,651 | 4,535 | 7,220 | 8,637 | 9,734 | 10,833 | 12,210 | 13,409 | 14,028 | 14,703 | 16,699 | 17,664 |
| Borrowings | 1,708 | 1,599 | 1,903 | 2,464 | 2,333 | 2,163 | 2,506 | 1,854 | 2,388 | 3,229 | 3,014 | 2,822 | 3,138 |
| Other Liabilities | 2,659 | 3,023 | 3,391 | 3,566 | 4,075 | 4,577 | 5,098 | 5,373 | 6,780 | 5,799 | 6,648 | 7,325 | 7,616 |
| Total Liabilities | 7,228 | 8,278 | 9,833 | 13,254 | 15,048 | 16,478 | 18,441 | 19,442 | 22,582 | 23,060 | 24,369 | 26,849 | 28,423 |
| Fixed Assets | 2,919 | 2,974 | 3,436 | 4,608 | 5,502 | 6,092 | 6,786 | 8,870 | 9,441 | 9,522 | 10,118 | 12,046 | 12,673 |
| CWIP | 415 | 359 | 628 | 1,059 | 848 | 1,079 | 1,403 | 1,741 | 1,002 | 1,233 | 3,046 | 2,385 | 1,809 |
| Investments | 429 | 904 | 1,081 | 3,138 | 3,382 | 4,145 | 3,855 | 1,519 | 5,874 | 3,656 | 3,085 | 3,383 | 3,967 |
| Other Assets | 3,465 | 4,041 | 4,688 | 4,448 | 5,316 | 5,162 | 6,397 | 7,312 | 6,265 | 8,648 | 8,120 | 9,036 | 9,973 |
| Total Assets | 7,228 | 8,278 | 9,833 | 13,254 | 15,048 | 16,478 | 18,441 | 19,442 | 22,582 | 23,060 | 24,369 | 26,849 | 28,423 |
Below is a detailed analysis of the balance sheet data for MRF Ltd based on the most recent figures (Sep 2024) and their trends compared to the previous period:
- For Equity Capital, as of Sep 2024, the value is ₹4.00 Cr.. The value remains steady. There is no change compared to the previous period (Mar 2024) which recorded 4.00 Cr..
- For Reserves, as of Sep 2024, the value is ₹17,664.00 Cr.. The value appears strong and on an upward trend. It has increased from 16,699.00 Cr. (Mar 2024) to ₹17,664.00 Cr., marking an increase of 965.00 Cr..
- For Borrowings, as of Sep 2024, the value is ₹3,138.00 Cr.. The value appears to be increasing, which may not be favorable. Additionally, since Reserves exceed Borrowings, this is considered a positive sign. It has increased from 2,822.00 Cr. (Mar 2024) to ₹3,138.00 Cr., marking an increase of 316.00 Cr..
- For Other Liabilities, as of Sep 2024, the value is ₹7,616.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 7,325.00 Cr. (Mar 2024) to ₹7,616.00 Cr., marking an increase of 291.00 Cr..
- For Total Liabilities, as of Sep 2024, the value is ₹28,423.00 Cr.. The value appears to be increasing, which may not be favorable. It has increased from 26,849.00 Cr. (Mar 2024) to ₹28,423.00 Cr., marking an increase of 1,574.00 Cr..
- For Fixed Assets, as of Sep 2024, the value is ₹12,673.00 Cr.. The value appears strong and on an upward trend. It has increased from 12,046.00 Cr. (Mar 2024) to ₹12,673.00 Cr., marking an increase of 627.00 Cr..
- For CWIP, as of Sep 2024, the value is ₹1,809.00 Cr.. The value appears to be declining and may need further review. It has decreased from 2,385.00 Cr. (Mar 2024) to ₹1,809.00 Cr., marking a decrease of 576.00 Cr..
- For Investments, as of Sep 2024, the value is ₹3,967.00 Cr.. The value appears strong and on an upward trend. It has increased from 3,383.00 Cr. (Mar 2024) to ₹3,967.00 Cr., marking an increase of 584.00 Cr..
- For Other Assets, as of Sep 2024, the value is ₹9,973.00 Cr.. The value appears strong and on an upward trend. It has increased from 9,036.00 Cr. (Mar 2024) to ₹9,973.00 Cr., marking an increase of 937.00 Cr..
- For Total Assets, as of Sep 2024, the value is ₹28,423.00 Cr.. The value appears strong and on an upward trend. It has increased from 26,849.00 Cr. (Mar 2024) to ₹28,423.00 Cr., marking an increase of 1,574.00 Cr..
Notably, the Reserves (17,664.00 Cr.) exceed the Borrowings (3,138.00 Cr.), indicating a solid financial buffer.
Overall, while many items appear to show a positive trend, any significant downward movement or items where Borrowings exceed Reserves warrant further investigation.
Cash Flow
| Month | Sep 2012 | Sep 2013 | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
Free Cash Flow
| Month | Mar 2016n n 18m | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Sep 2012 | Sep 2013 | Sep 2014 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Free Cash Flow | 4.00 | 0.00 | 0.00 | 0.00 | 1.00 | 0.00 | -1.00 | -1.00 | 2.00 | 0.00 | 0.00 | 0.00 |
Free Cash Flow = Income Generated from Operational Activities - Borrowings - Capital Work in Progress (CWIP)
Consistent positive free cash flow is crucial for businesses as it indicates their ability to generate cash from their core operations. It provides financial flexibility, allowing companies to invest in growth opportunities, pay dividends to shareholders, reduce debt, and weather economic downturns more effectively.
Financial Efficiency Indicators
| Month | Sep 2012 | Sep 2013 | Sep 2014 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 44 | 46 | 47 | 33 | 54 | 52 | 54 | 52 | 48 | 44 | 40 | 42 |
| Inventory Days | 72 | 83 | 79 | 62 | 118 | 88 | 113 | 110 | 115 | 120 | 98 | 108 |
| Days Payable | 41 | 47 | 50 | 36 | 69 | 63 | 64 | 72 | 129 | 60 | 58 | 64 |
| Cash Conversion Cycle | 76 | 83 | 76 | 58 | 103 | 78 | 102 | 90 | 34 | 104 | 80 | 86 |
| Working Capital Days | 54 | 50 | 47 | 17 | 27 | 16 | 26 | 21 | -13 | 49 | 19 | 24 |
| ROCE % | 24% | 29% | 27% | 49% | 23% | 17% | 15% | 13% | 14% | 6% | 7% | 16% |
Mutual Fund Holdings
| Fund Name | No of Shares | AUM (%) | Amount Invested (Cr) | Previous Number of Shares | Previous Date | Percentage Change |
|---|---|---|---|---|---|---|
| SBI Equity Hybrid Fund | 210,000 | 3.82 | 2345.34 | 2,300 | 2025-04-07 | 9030.43% |
| Kotak Emerging Equity Fund - Regular Plan | 36,140 | 1.1 | 403.62 | 2,300 | 2025-04-07 | 1471.3% |
| Kotak Flexicap Fund - Regular Plan | 33,000 | 0.89 | 368.55 | 2,300 | 2025-04-07 | 1334.78% |
| Aditya Birla Sun Life India GenNext Fund | 3,376 | 0.86 | 37.7 | 2,300 | 2025-04-07 | 46.78% |
| Kotak Equity Arbitrage Fund - Regular Plan | 3,350 | 0.12 | 37.41 | 2,300 | 2025-04-07 | 45.65% |
| SBI Infrastructure Fund | 2,300 | 1.62 | 25.69 | 2,300 | 2025-04-07 | 0% |
| Tata Ethical Fund - Regular Plan | 1,950 | 1.07 | 21.78 | 2,300 | 2025-04-07 | -15.22% |
| Axis Quant Fund | 1,531 | 1.76 | 17.1 | 2,300 | 2025-04-07 | -33.43% |
| Invesco India Arbitrage Fund | 1,400 | 0.15 | 15.64 | 2,300 | 2025-04-07 | -39.13% |
| Aditya Birla Sun Life Midcap Fund | 1,323 | 0.32 | 14.78 | 2,300 | 2025-04-07 | -42.48% |
Key Financial Ratios
| Month | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
|---|---|---|---|---|---|
| FaceValue | 10.00 | 10.00 | 10.00 | 10.00 | 10.00 |
| Basic EPS (Rs.) | 4907.24 | 1813.10 | 1577.97 | 3011.14 | 3354.20 |
| Diluted EPS (Rs.) | 4907.24 | 1813.10 | 1577.97 | 3011.14 | 3354.20 |
| Cash EPS (Rs.) | 8281.13 | 4768.89 | 4420.49 | 5702.45 | 5671.91 |
| Book Value[Excl.RevalReserv]/Share (Rs.) | 39394.25 | 34688.25 | 33094.10 | 31636.34 | 28808.58 |
| Book Value[Incl.RevalReserv]/Share (Rs.) | 39394.25 | 34688.25 | 33094.10 | 31636.34 | 28808.58 |
| Revenue From Operations / Share (Rs.) | 59361.34 | 54265.33 | 45558.30 | 38120.73 | 38300.38 |
| PBDIT / Share (Rs.) | 10779.25 | 6230.64 | 5582.03 | 7434.62 | 6390.07 |
| PBIT / Share (Rs.) | 7406.67 | 3275.33 | 2739.93 | 4744.13 | 4073.28 |
| PBT / Share (Rs.) | 6574.10 | 2522.97 | 2141.34 | 4096.32 | 3382.67 |
| Net Profit / Share (Rs.) | 4908.56 | 1813.58 | 1578.40 | 3011.96 | 3355.12 |
| NP After MI And SOA / Share (Rs.) | 4908.54 | 1813.56 | 1578.37 | 3011.93 | 3355.12 |
| PBDIT Margin (%) | 18.15 | 11.48 | 12.25 | 19.50 | 16.68 |
| PBIT Margin (%) | 12.47 | 6.03 | 6.01 | 12.44 | 10.63 |
| PBT Margin (%) | 11.07 | 4.64 | 4.70 | 10.74 | 8.83 |
| Net Profit Margin (%) | 8.26 | 3.34 | 3.46 | 7.90 | 8.76 |
| NP After MI And SOA Margin (%) | 8.26 | 3.34 | 3.46 | 7.90 | 8.76 |
| Return on Networth / Equity (%) | 12.46 | 5.22 | 4.76 | 9.52 | 11.64 |
| Return on Capital Employeed (%) | 16.40 | 8.23 | 7.21 | 13.13 | 12.17 |
| Return On Assets (%) | 7.75 | 3.15 | 2.90 | 5.65 | 7.31 |
| Long Term Debt / Equity (X) | 0.04 | 0.05 | 0.05 | 0.06 | 0.06 |
| Total Debt / Equity (X) | 0.12 | 0.16 | 0.20 | 0.12 | 0.12 |
| Asset Turnover Ratio (%) | 0.98 | 0.97 | 0.83 | 0.76 | 0.85 |
| Current Ratio (X) | 1.37 | 1.23 | 1.46 | 1.43 | 1.55 |
| Quick Ratio (X) | 0.78 | 0.68 | 0.87 | 1.02 | 0.99 |
| Inventory Turnover Ratio (X) | 3.54 | 3.81 | 3.79 | 3.06 | 3.24 |
| Dividend Payout Ratio (NP) (%) | 3.56 | 8.27 | 9.50 | 0.00 | 1.78 |
| Dividend Payout Ratio (CP) (%) | 2.11 | 3.14 | 3.39 | 0.00 | 1.05 |
| Earning Retention Ratio (%) | 96.44 | 91.73 | 90.50 | 0.00 | 98.22 |
| Cash Earning Retention Ratio (%) | 97.89 | 96.86 | 96.61 | 0.00 | 98.95 |
| Interest Coverage Ratio (X) | 12.95 | 8.28 | 9.33 | 11.48 | 9.25 |
| Interest Coverage Ratio (Post Tax) (X) | 6.90 | 3.41 | 3.64 | 5.65 | 5.86 |
| Enterprise Value (Cr.) | 58246.54 | 37807.08 | 30186.42 | 36418.65 | 25023.51 |
| EV / Net Operating Revenue (X) | 2.31 | 1.64 | 1.56 | 2.25 | 1.54 |
| EV / EBITDA (X) | 12.74 | 14.31 | 12.75 | 11.55 | 9.24 |
| MarketCap / Net Operating Revenue (X) | 2.25 | 1.55 | 1.43 | 2.16 | 1.52 |
| Retention Ratios (%) | 96.43 | 91.72 | 90.49 | 0.00 | 98.21 |
| Price / BV (X) | 3.38 | 2.42 | 1.96 | 2.60 | 2.02 |
| Price / Net Operating Revenue (X) | 2.25 | 1.55 | 1.43 | 2.16 | 1.52 |
| EarningsYield | 0.03 | 0.02 | 0.02 | 0.03 | 0.05 |
After reviewing the key financial ratios for MRF Ltd, here is a detailed analysis based on the latest available data and recent trends:
- For FaceValue, as of Mar 24, the value is 10.00. This value is within the healthy range. There is no change compared to the previous period (Mar 23) which recorded 10.00.
- For Basic EPS (Rs.), as of Mar 24, the value is 4,907.24. This value is within the healthy range. It has increased from 1,813.10 (Mar 23) to 4,907.24, marking an increase of 3,094.14.
- For Diluted EPS (Rs.), as of Mar 24, the value is 4,907.24. This value is within the healthy range. It has increased from 1,813.10 (Mar 23) to 4,907.24, marking an increase of 3,094.14.
- For Cash EPS (Rs.), as of Mar 24, the value is 8,281.13. This value is within the healthy range. It has increased from 4,768.89 (Mar 23) to 8,281.13, marking an increase of 3,512.24.
- For Book Value[Excl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 39,394.25. It has increased from 34,688.25 (Mar 23) to 39,394.25, marking an increase of 4,706.00.
- For Book Value[Incl.RevalReserv]/Share (Rs.), as of Mar 24, the value is 39,394.25. It has increased from 34,688.25 (Mar 23) to 39,394.25, marking an increase of 4,706.00.
- For Revenue From Operations / Share (Rs.), as of Mar 24, the value is 59,361.34. It has increased from 54,265.33 (Mar 23) to 59,361.34, marking an increase of 5,096.01.
- For PBDIT / Share (Rs.), as of Mar 24, the value is 10,779.25. This value is within the healthy range. It has increased from 6,230.64 (Mar 23) to 10,779.25, marking an increase of 4,548.61.
- For PBIT / Share (Rs.), as of Mar 24, the value is 7,406.67. This value is within the healthy range. It has increased from 3,275.33 (Mar 23) to 7,406.67, marking an increase of 4,131.34.
- For PBT / Share (Rs.), as of Mar 24, the value is 6,574.10. This value is within the healthy range. It has increased from 2,522.97 (Mar 23) to 6,574.10, marking an increase of 4,051.13.
- For Net Profit / Share (Rs.), as of Mar 24, the value is 4,908.56. This value is within the healthy range. It has increased from 1,813.58 (Mar 23) to 4,908.56, marking an increase of 3,094.98.
- For NP After MI And SOA / Share (Rs.), as of Mar 24, the value is 4,908.54. This value is within the healthy range. It has increased from 1,813.56 (Mar 23) to 4,908.54, marking an increase of 3,094.98.
- For PBDIT Margin (%), as of Mar 24, the value is 18.15. This value is within the healthy range. It has increased from 11.48 (Mar 23) to 18.15, marking an increase of 6.67.
- For PBIT Margin (%), as of Mar 24, the value is 12.47. This value is within the healthy range. It has increased from 6.03 (Mar 23) to 12.47, marking an increase of 6.44.
- For PBT Margin (%), as of Mar 24, the value is 11.07. This value is within the healthy range. It has increased from 4.64 (Mar 23) to 11.07, marking an increase of 6.43.
- For Net Profit Margin (%), as of Mar 24, the value is 8.26. This value is within the healthy range. It has increased from 3.34 (Mar 23) to 8.26, marking an increase of 4.92.
- For NP After MI And SOA Margin (%), as of Mar 24, the value is 8.26. This value is within the healthy range. It has increased from 3.34 (Mar 23) to 8.26, marking an increase of 4.92.
- For Return on Networth / Equity (%), as of Mar 24, the value is 12.46. This value is below the healthy minimum of 15. It has increased from 5.22 (Mar 23) to 12.46, marking an increase of 7.24.
- For Return on Capital Employeed (%), as of Mar 24, the value is 16.40. This value is within the healthy range. It has increased from 8.23 (Mar 23) to 16.40, marking an increase of 8.17.
- For Return On Assets (%), as of Mar 24, the value is 7.75. This value is within the healthy range. It has increased from 3.15 (Mar 23) to 7.75, marking an increase of 4.60.
- For Long Term Debt / Equity (X), as of Mar 24, the value is 0.04. This value is below the healthy minimum of 0.2. It has decreased from 0.05 (Mar 23) to 0.04, marking a decrease of 0.01.
- For Total Debt / Equity (X), as of Mar 24, the value is 0.12. This value is within the healthy range. It has decreased from 0.16 (Mar 23) to 0.12, marking a decrease of 0.04.
- For Asset Turnover Ratio (%), as of Mar 24, the value is 0.98. It has increased from 0.97 (Mar 23) to 0.98, marking an increase of 0.01.
- For Current Ratio (X), as of Mar 24, the value is 1.37. This value is below the healthy minimum of 1.5. It has increased from 1.23 (Mar 23) to 1.37, marking an increase of 0.14.
- For Quick Ratio (X), as of Mar 24, the value is 0.78. This value is below the healthy minimum of 1. It has increased from 0.68 (Mar 23) to 0.78, marking an increase of 0.10.
- For Inventory Turnover Ratio (X), as of Mar 24, the value is 3.54. This value is below the healthy minimum of 4. It has decreased from 3.81 (Mar 23) to 3.54, marking a decrease of 0.27.
- For Dividend Payout Ratio (NP) (%), as of Mar 24, the value is 3.56. This value is below the healthy minimum of 20. It has decreased from 8.27 (Mar 23) to 3.56, marking a decrease of 4.71.
- For Dividend Payout Ratio (CP) (%), as of Mar 24, the value is 2.11. This value is below the healthy minimum of 20. It has decreased from 3.14 (Mar 23) to 2.11, marking a decrease of 1.03.
- For Earning Retention Ratio (%), as of Mar 24, the value is 96.44. This value exceeds the healthy maximum of 70. It has increased from 91.73 (Mar 23) to 96.44, marking an increase of 4.71.
- For Cash Earning Retention Ratio (%), as of Mar 24, the value is 97.89. This value exceeds the healthy maximum of 70. It has increased from 96.86 (Mar 23) to 97.89, marking an increase of 1.03.
- For Interest Coverage Ratio (X), as of Mar 24, the value is 12.95. This value is within the healthy range. It has increased from 8.28 (Mar 23) to 12.95, marking an increase of 4.67.
- For Interest Coverage Ratio (Post Tax) (X), as of Mar 24, the value is 6.90. This value is within the healthy range. It has increased from 3.41 (Mar 23) to 6.90, marking an increase of 3.49.
- For Enterprise Value (Cr.), as of Mar 24, the value is 58,246.54. It has increased from 37,807.08 (Mar 23) to 58,246.54, marking an increase of 20,439.46.
- For EV / Net Operating Revenue (X), as of Mar 24, the value is 2.31. This value is within the healthy range. It has increased from 1.64 (Mar 23) to 2.31, marking an increase of 0.67.
- For EV / EBITDA (X), as of Mar 24, the value is 12.74. This value is within the healthy range. It has decreased from 14.31 (Mar 23) to 12.74, marking a decrease of 1.57.
- For MarketCap / Net Operating Revenue (X), as of Mar 24, the value is 2.25. This value is within the healthy range. It has increased from 1.55 (Mar 23) to 2.25, marking an increase of 0.70.
- For Retention Ratios (%), as of Mar 24, the value is 96.43. This value exceeds the healthy maximum of 70. It has increased from 91.72 (Mar 23) to 96.43, marking an increase of 4.71.
- For Price / BV (X), as of Mar 24, the value is 3.38. This value exceeds the healthy maximum of 3. It has increased from 2.42 (Mar 23) to 3.38, marking an increase of 0.96.
- For Price / Net Operating Revenue (X), as of Mar 24, the value is 2.25. This value is within the healthy range. It has increased from 1.55 (Mar 23) to 2.25, marking an increase of 0.70.
- For EarningsYield, as of Mar 24, the value is 0.03. This value is below the healthy minimum of 5. It has increased from 0.02 (Mar 23) to 0.03, marking an increase of 0.01.
Overall, while many metrics show healthy performance, any figures highlighted in red or significant downward trends warrant further investigation.
Strength and Weakness
| Strength | Weakness |
|---|---|
|
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Stock Analysis
- Considering all of the following key financial indicators, prospective investors are encouraged to conduct thorough research and seek professional guidance before considering any investment in MRF Ltd:
- Net Profit Margin: 8.26%
- Net Profit Margin: This metric indicates the percentage of profit a company makes from its total revenue. A higher net profit margin is generally desirable as it reflects better profitability.
- ROCE: 16.4% (Industry Average ROCE: 16.1%)
- ROCE (Return on Capital Employed): ROCE measures a company's profitability and the efficiency with which its capital is employed. A higher ROCE indicates efficient use of capital.
- ROE%: 12.46% (Industry Average ROE: 12.6%)
- ROE (Return on Equity): ROE measures a company's profitability relative to shareholders' equity. A higher ROE indicates efficient use of shareholders' funds.
- Interest Coverage Ratio (Post Tax): 6.9
- Interest Coverage Ratio: The interest coverage ratio measures a company's ability to cover its interest payments on outstanding debt. A ratio greater than 2 is generally considered healthy as it indicates the company can meet its interest obligations comfortably.
- Quick Ratio: 0.78
- Quick Ratio: The quick ratio assesses a company's ability to cover its short-term liabilities with its most liquid assets. A ratio higher than 1 suggests the company can meet its short-term obligations without relying heavily on inventory.
- Stock P/E: 27.4 (Industry average Stock P/E: 27.4)
- Stock P/E (Price-to-Earnings) Ratio: The P/E ratio compares a company's current share price to its earnings per share. A lower P/E ratio relative to industry peers or historical values may indicate that the stock is undervalued.
- Total Debt / Equity: 0.12
- Total Debt / Equity: This ratio measures a company's financial leverage by comparing its total debt to its total equity. A lower ratio indicates lower financial risk and greater financial stability.
Stock Rating: - Net Profit Margin: 8.26%
About the Company - Qualitative Analysis
MRF Ltd. is a Public Limited Listed company incorporated on 05/11/1960 and has its registered office in the State of Tamil Nadu, India. Company's Corporate Identification Number(CIN) is L25111TN1960PLC004306 and registration number is 004306. Currently Company is involved in the business activities of Manufacture of rubber tyres and tubes; retreading and rebuilding of rubber tyres. Company's Total Operating Revenue is Rs. 24673.68 Cr. and Equity Capital is Rs. 4.24 Cr. for the Year ended 31/03/2024.
| INDUSTRY | ADDRESS | CONTACT |
|---|---|---|
| Tyres & Tubes | No. 114, Greams Road, Chennai (Madras) Tamil Nadu 600006 | mrfshare@mrfmail.com http://www.mrftyres.com |
| Management | |
|---|---|
| Name | Position Held |
| Mr. K M Mammen | Chairman & Managing Director |
| Mr. Arun Mammen | Vice Chairman & Mng.Director |
| Mr. Rahul Mammen Mappillai | Managing Director |
| Mr. Samir Thariyan Mappillai | Whole Time Director |
| Mr. Varun Mammen | Whole Time Director |
| Dr. Cibi Mammen | Director |
| Mrs. Ambika Mammen | Director |
| Mr. Ashok Jacob | Director |
| Mr. V Sridhar | Director |
| Mr. Vijay R Kirloskar | Director |
| Mr. Ranjit I Jesudasen | Director |
| Dr. Salim Joseph Thomas | Director |
| Mr. Jacob Kurian | Director |
| Mrs. Vimla Abraham | Director |
| Mr. Ramesh Rangarajan | Director |
| Mr. Dinshaw Keku Parakh | Director |
| Mr. Arun Vasu | Director |
| Mr. Vikram Chesetty | Director |
| Mr. Prasad Oommen | Director |
| Mr. Vikram Taranath Hosangady | Director |
FAQ
What is the intrinsic value of MRF Ltd?
MRF Ltd's intrinsic value (as of 10 April 2025) is ₹137664.22 — 21.71% higher the current market price of 113,113.00, indicating undervalued. Calculated using the PE ratio method, this valuation considers the company's 47,973 Cr. market cap, FY2025-2026 high/low of ₹1,43,850/1,00,500, reserves of 17,664 Cr, and liabilities of 28,423 Cr.
What is the Market Cap of MRF Ltd?
The Market Cap of MRF Ltd is 47,973 Cr..
What is the current Stock Price of MRF Ltd as on 10 April 2025?
The current stock price of MRF Ltd as on 10 April 2025 is 1,13,113.
What is the High / Low of MRF Ltd stocks in FY 2025-2026?
In FY 2025-2026, the High / Low of MRF Ltd stocks is ₹1,43,850/1,00,500.
What is the Stock P/E of MRF Ltd?
The Stock P/E of MRF Ltd is 27.4.
What is the Book Value of MRF Ltd?
The Book Value of MRF Ltd is 41,659.
What is the Dividend Yield of MRF Ltd?
The Dividend Yield of MRF Ltd is 0.18 %.
What is the ROCE of MRF Ltd?
The ROCE of MRF Ltd is 16.1 %.
What is the ROE of MRF Ltd?
The ROE of MRF Ltd is 12.6 %.
What is the Face Value of MRF Ltd?
The Face Value of MRF Ltd is 10.0.