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MRF Share Price Today

Company details

129,000.00
130,200.00
95,225.30
151,445.00
6M Return 16.20%
1Y Return 35.00%
Mkt Cap.(Cr) 54,913.02
Volume 7,108
Div Yield 0.15%
OI
-
OI Chg %
-
Volume 7,108

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Auto tyres & Rubber products company MRF announced FY24 results:

  • MRF's consolidated total income is Rs 25,486 crore for FY24, as compared to Rs 23,261 crore in FY23.
  • The consolidated Profit before tax stood at Rs 2,787 crore for FY24, as against Rs 1,070 crore for FY23. This is after making a provision of Rs145 crore, in the last quarter, towards liability for Extended Producers Responsibility imposed on the tyre industry by the Government of India.
  • Tax expense for the year is Rs 706 crore (previous year Rs 301 crore). After making provision for Tax expense, the consolidated net profit for FY24 is Rs 2,081 crore as against Rs 769 crore for FY23. 
  • The Company's consolidated exports for FY24 were Rs 1,887 crore as against Rs 1,877 crore for FY23.
  • The Board of Directors have recommended a final dividend of Rs 194/- (1940%) per share of Rs 10 each. The Company has already declared and paid two interim dividends of Rs 3/- each (30%) per share for FY24. 

Result PDF

View Other Company Results

MRF Shares SWOT Analysis

Strengths (10)

  • Strong Annual EPS Growth
  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Effectively using Shareholders fund - Return on equity (ROE) improving since last 2 year

Weakness (2)

  • MFs decreased their shareholding last quarter
  • Declining profits every quarter for the past 3 quarters

Opportunity (0)

Data not found

Threats (1)

  • Increasing Trend in Non-Core Income

Resistance and support

R1 130,120.8
R2 130,760.4
R3 131,320.8
Pivot

129,560.42

S1 128,920.8
S2 128,360.4
S3 127,720.8
EMA SMA
129,259.6
131,692.8
130,909.4
123,810.7
128,848.1
132,431.7
136,311.1
123,236.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-11-14 86156.4 2302 NSE
ISHARES CORE EMERGING MARKETS MAURITIUS CO Block Sell 2022-11-14 86156.4 2302 NSE
ISHARES CORE MSCI EMERGING MARKETS ETF Block Purchase 2022-11-03 90552 2302 BSE
Name Category Shares
K M MAMMEN [SINGLY] & K M MAMMEN [JOINTLY WITH ARUN MAMMEN] PROMOTER 1.26%
JACOB MAMMEN PROMOTER 0.83%
ARUN MAMMEN PROMOTER 0.65%
MEERA PHILIP PROMOTER 0.55%
COMPREHENSIVE INVESTMENT AND FINANCE COMPANY PVT. LTD. PROMOTER 10.42%
PENINSULAR INVESTMENTS PRIVATE LIMITED PROMOTER 2.93%
BRAGA INDUSTRIES LLP PROMOTER 0.69%

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

MRF Stocks Comparison

Financials( in Cr) MRF Ltd Balkrishna Industries Ltd Apollo Tyres Ltd JK Tyre & Industries Ltd CEAT Ltd
Price 129,481.30 3,113.50 490.75 424.45 2,380.20
% Change -0.11 1.99 1.69 4.93 0.47
Mcap Cr 54,913.02 60,189.25 31,167.58 11,066.43 9,627.91
Revenue TTM Cr 23,008.50 9,759.53 24,568.13 14,644.94 11,314.88
Net Profit TTM Cr 768.96 1,057.40 1,104.64 264.74 182.39
PE TTM 26.37 40.88 17.56 13.74 14.05
1 Year Return 35.00 35.90 32.78 137.72 23.45
ROCE 7.77 14.41 9.75 10.26 9.29
ROE 5.35 14.59 8.97 9.56 6.14
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 14,707.66 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 41,960.24 -29,509.50
LAST 3M 102,987.80 -35,737.56
LAST 6M 169,824.52 46,518.61
LAST 12M 263,691.56 126,663.80

MRF Information

Stock PE (TTM)
26.37
Promoter Holding
27.78%
Book Value
39393.8443
ROCE
7.77%
ROE
5.35%
Description
  • MRF Ltd or MRF Tyres Ltd was founded in the year 1946 as a toy balloon manufacturing unit in Madras. In the year 1952, they ventured into the production of tread rubber and within 4 years became the market leader in India with 50% market share. With years passing by MRF forayed into various other business segments like different types of tyres, sports goods, paints & coats, and pretreads. They produce tyres for vehicles like: passenger cars, two wheelers, farm vehicles, trucks, Off the Road tyres, 3-wheelers, tyres for pickup vehicles, light commercial vehicles. small commercial vehicles, medium commercial vehicles, individually constructed vehicles, and tubes and flaps.

    MRF Tyres reported an annual income of Rs. 22,826 crores in FY 2022-2023 which was 18% more than the last financial year. In the same year, the company had 27% increase in their profit before tax which standing at Rs. 1,119 crores and the profit after taxes stood at Rs. 816 crores resulting in an 26.12% Y-o-Y increase. MRF declared a final dividend of Rs 169 per share of Rs. 10 each on the paid-up equity capital of the company.

    Being one of the oldest companies of India, MRF is diligently working to provide quality services and is expanding its wings in international business as well. 

Registered Address

New No 114, Greams Road, Chennai, Tamil Nadu, 600006

Tel : 91-44-28292777
Email : mrfshare:mrfmail.com
Website : http://www.mrftyres.com
Registrar

MRF Ltd

AGM Date (Month) : Jul
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500290
NSE Code : MRF
Book Closure Date (Month) : Jul
BSE Group : A
ISIN : INE883A01011

MRF Shares Faqs

You can buy MRF shares through a brokerage firm. ICICI Direct is a registered broker through which you can place orders to buy MRF Share.

Company share prices and volatile and keep changing according to the market conditions. As of May 22, 2024 03:56 PM the closing price of MRF was Rs.129,481.30.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of May 22, 2024 03:56 PM, the market cap of MRF stood at Rs. 54,913.02.

The latest PE ratio of MRF as of May 22, 2024 03:56 PM is 26.37

The latest PB ratio of MRF as of May 22, 2024 03:56 PM is 0.30

The 52-week high of MRF share price is Rs. 151,445.00 while the 52-week low is Rs. 95,225.30

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