- POSITIVE
Quarterly Revenue MRF Jun-2026 Quarterly Revenue is Rs 8,483 Cr which is growth of 10.4% YoY.
- NEGATIVE
Quarterly Net Profit MRF Jun-2026 Quarterly Net Profit is Rs 474 Cr which is growth of -2.0% YoY.
NSE 02 Nov, 2026 3:31 PM (IST)
MRF Stock Price Analysis
Day Price Range0.1% 1 Day return | 116920 (LTP) 116,685117,770 LowHigh |
|---|---|
Week Price Range-0.8% 1 Week return | 116920 (LTP) 115,190118,885 LowHigh |
Month Price Range-5.5% 1 Month return | 116920 (LTP) 115,190124,560 LowHigh |
52 Week Price Range-25.8% 1 Year return | 116920 (LTP) 115,190159,700 LowHigh |
MRF Forecaster - Analyst Share Price Target and Estimates
Revenue forecast
EPS forecast
Consensus Recommendation
MRF quarterly results: revenue, profit, and P&L – 13 quarter history
| Indicator | Graph | Jun '26 | Mar '26 | Dec '25 | Sep '25 | Jun '25 | Mar '25 | Dec '24 | Sep '24 | Jun '24 | Mar '24 | Dec '23 | Sep '23 | Jun '23 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 8,483 | 8,041.3 | 8,056.8 | 7,356.4 | 7,685.8 | 7,055.3 | 6,979.8 | 6,872.4 | 7,160.6 | 6,307.4 | 6,124.4 | 6,157.2 | 6,397.2 | ||
Operating Exp. | 7,342.9 | 6,645.3 | 6,569.3 | 6,159.9 | 6,525.9 | 5,901.1 | 6,081.4 | 5,786.9 | 5,940 | 5,329.5 | 5,008.4 | 4,958.9 | 5,209 | |
Operating Profit | 948.6 | 1,263.2 | 1,364.4 | 1,089.8 | 1,034.4 | 1,042.8 | 801.8 | 973.5 | 1,137.8 | 885.6 | 1,039.4 | 1,128.7 | 1,114.2 | |
Operating Profit Margin % | 11.44% | 15.97% | 17.20% | 15.03% | 13.68% | 15.02% | 11.65% | 14.40% | 16.08% | 14.25% | 17.19% | 18.54% | 17.62% | |
Depr. | 445.8 | 440.9 | 436.2 | 443.3 | 427 | 431 | 414.3 | 407.9 | 394.3 | 384.2 | 359.1 | 350 | 331.7 | |
Interest | 69.7 | 70.6 | 73.6 | 70.8 | 82.2 | 78.2 | 71.1 | 66.7 | 75.4 | 85.8 | 77.6 | 74.9 | 78 | |
Profit Before Tax | 624.5 | 899.8 | 900.5 | 682.4 | 650.7 | 645.1 | 413.1 | 610.9 | 750.9 | 507.9 | 679.2 | 773.5 | 778.4 | |
Tax | 150.2 | 219.4 | 221.4 | 170.8 | 166.5 | 147.2 | 106.3 | 155.5 | 188.3 | 128.4 | 171.2 | 201.5 | 196.9 | |
Net Profit | 474.4 | 680.4 | 679.1 | 511.6 | 484.2 | 497.9 | 306.7 | 455.4 | 562.6 | 379.6 | 508 | 571.9 | 581.5 | |
EPS Adj. latest | 1,118.5 | 1,604.4 | 1,601.3 | 1,206.3 | 1,141.8 | 1,173.9 | 723.2 | 1,073.9 | 1,326.4 | 894.9 | 1,197.9 | 1,348.5 | 1,371 | |
Net profit TTM | 2,345.5 | 2,355.4 | 2,172.8 | 1,800.4 | 1,744.2 | 1,822.6 | 1,704.3 | 1,905.6 | 2,022.1 | 2,041 | 2,072.1 | 1,733.3 | 1,285.3 | |
Basic EPS TTM | 5,531.9 | 5,555.2 | 5,124.6 | 4,246.2 | 4,113.8 | 4,298.5 | 4,019.5 | 4,494.2 | 4,769 | 4,813.6 | 4,886.9 | 4,087.9 | 3,031.4 | |
Results PDF | ||||||||||||||
Result Notes |
MRF Technical Analysis
MRF EMA & SMA
| 5 Day | 117818.5 |
|---|---|
| 10 Day | 118852.2 |
| 12 Day | 119233.8 |
| 20 Day | 120599.9 |
| 26 Day | 121506.0 |
|---|---|
| 50 Day | 124206.3 |
| 100 Day | 127392.6 |
| 200 Day | 131269.8 |
MRF Delivery And Volume
MRF Active Candlesticks
MRF Resistance and Support
| First Resistance | 117820 |
|---|---|
| Second Resistance | 118865 |
| Third Resistance | 119520 |
| First Support | 116120 |
|---|---|
| Second Support | 115465 |
| Third Support | 114420 |
| Day RSI | 23.2 |
|---|---|
| Day MACD | -2272.2 |
| Day MFI | 21.9 |
| Day MACD Signal Line | -2066 |
MRF Beta
| 1 Month | 0.2 |
|---|---|
| 1 Year | 0.8 |
| 3 Month | 0.2 |
|---|---|
| 3 Year | 0.7 |
MRF Price Change Analysis
MRF Deals - Insider, Bulk, Block and SAST
| Client Name | Deal Type | Action | Date | Avg. Price | Quantity | Exchange |
|---|---|---|---|---|---|---|
| GOLDMAN SACHS (SINGAPORE) PTE | Block | Sell | 07 Oct 2025 | 152350 | 3,195 | NSE |
| GOLDMAN SACHS BANK EUROPESE | Block | Purchase | 07 Oct 2025 | 152350 | 3,195 | NSE |
| ISHARES CORE EMERGING MARKETS MAURITIUS CO | Block | Sell | 14 Nov 2022 | 86156.40 | 2,302 | NSE |
| ISHARES CORE MSCI EMERGING MARKETS ETF | Block | Purchase | 14 Nov 2022 | 86156.40 | 2,302 | NSE |
| ISHARES CORE EMERGING MARKETS MAURITIUS CO | Block | Sell | 03 Nov 2022 | 90552 | 2,302 | BSE |
| ISHARES CORE MSCI EMERGING MARKETS ETF | Block | Purchase | 03 Nov 2022 | 90552 | 2,302 | BSE |
| ISHARES CORE EMERGING MARKETS MAURITIUS CO | Block | Sell | 25 Oct 2022 | 86291.55 | 2,146 | BSE |
| ISHARES CORE MSCI EMERGING MARKETS ETF | Block | Purchase | 25 Oct 2022 | 86291.55 | 2,146 | BSE |
| ISHARES CORE EMERGING MARKETS MAURITIUS CO | Block | Sell | 17 Oct 2022 | 81350.15 | 3,371 | BSE |
| ISHARES CORE MSCI EMERGING MARKETS ETF | Block | Purchase | 17 Oct 2022 | 81350.15 | 3,371 | BSE |
MRF Corporate Actions
MRF Dividend history and yield
MRF dividend yields, including actual and adjusted, and dividend history, including announcement, record, and ex-dividend dates. Track MRF dividend yield over time.
#Ex-Date | Dividend Amount | Dividend Type | Record Date | Instrument Type |
|---|---|---|---|---|
117 Jul 2026 | 229 | FINAL | 17 Jul 2026 | Equity Share |
213 Feb 2026 | 3 | INTERIM | 13 Feb 2026 | Equity Share |
321 Nov 2025 | 3 | INTERIM | 21 Nov 2025 | Equity Share |
418 Jul 2025 | 229 | FINAL | 18 Jul 2025 | Equity Share |
514 Feb 2025 | 3 | INTERIM | 14 Feb 2025 | Equity Share |
MRF Board Meetings
MRF past and upcoming board meetings.
#Ex-Date | Purpose | Notes |
|---|---|---|
111 Aug 2026 | Quarterly Results | - |
207 May 2026 | Audited Results & Final Dividend | - |
306 Feb 2026 | Quarterly Results & Interim Dividend | - |
414 Nov 2025 | Quarterly Results & Interim Dividend | - |
512 Aug 2025 | Quarterly Results | - |
MRF Research Reports
MRF research reports with share price targets, and buy/hold/sell recommendations from top brokers.
# Date | Broker Name | Target | Price When Recommended | Type | Upside | Change Since Recommendation | Links |
|---|---|---|---|---|---|---|---|
| 110 Aug 2026 | Motilal Oswal | 113936 | 131125 | Sell | -13.11% | -10.83% | |
| 205 Feb 2026 | Motilal Oswal Target | 129151 | 146455 | Sell | -11.82% | -20.17% | |
| 311 Aug 2025 | Anand Rathi Target | 170000 | 140535 | Buy | 20.97% | -16.8% | |
| 409 Nov 2024 | Anand Rathi | 160000 | 119354.3 | Buy | 34.05% | -2.04% | |
| 504 May 2024 | Motilal Oswal | 92000 | 128560.4 | Sell | -28.44% | -9.05% |
MRF Corporate Filings
MRF BSE corporate filings and AGM, press releases, insider trading & SAST, results and corporate actions.
| Date | Announcement Title | Details | Links |
|---|---|---|---|
| 02 Nov 2026 | MRF Ltd - 500290 - Board Meeting Intimation for Declaration Of Unaudited Financial Results For The Quarter And Half Year Ended 30Th September, 2026. | MRF Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 10/11/2026 ,inter alia, to consider and approve the Unaudited Financial results for the quarter and half year ended 30th September, 2026 and declaration of interim dividend, if any. | |
| 16 Oct 2026 | MRF Ltd - 500290 - Announcement under Regulation 30 (LODR)-Newspaper Publication | Details attached | |
| 07 Oct 2026 | MRF Ltd - 500290 - Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 | Details attached. | |
| 07 Oct 2026 | MRF Ltd - 500290 - Compliances-Certificate under Reg. 74 (5) of SEBI (DP) Regulations, 2018 | Details attached. | |
| 29 Sep 2026 | MRF Ltd - 500290 - Closure of Trading Window | Trading Window Closure Intimation |
MRF Documents
MRF Annual Reports
MRF financials, including annual results, balance sheets, and cash flow statements.
MRF Credit Ratings
MRF credit ratings from CRISIL and leading rating agencies, assessing financial stability, investment grade, and related PDF documentation.
MRF - Company Profile
MRF Management Structure
MRF management structure with salaries, total experience, and qualifications.
MRF Board of Directors
MRF Board of directors with salaries, total experience, and qualifications.
MRF Brands
Brands owned by MRF
| LOGO | BRAND NAME |
|---|---|
![]() | MRF |
About the company - Business Profile
MRF Ltd. (MRF) is India's largest tyre manufacturer and a prominent player in the global tyre industry. The company operates across multiple product categories, including tyres for passenger cars, two-wheelers, trucks, buses, tractors, and off-the-road vehicles. Beyond its core tyre business, MRF has diversified into specialty coatings, pretreads, and sports goods. The company maintains a leading market position through a vast distribution network and a strong brand presence reinforced by long-standing associations with sports and motorsports.
Key Points
- Key Facts: Founded in 1946 (as a toy balloon unit) and incorporated in 1960, MRF is headquartered in Chennai, Tamil Nadu. It is listed on both the BSE and NSE. The company is managed by the Mammen family, with K.M. Mammen serving as Chairman and Managing Director.
- Operations and Resources: MRF operates multiple manufacturing facilities across India, including plants at Tiruvottiyur, Kottayam, Goa, Arkonam, Medak, Puducherry, Anaikuttam, and Trichy. These plants are integrated to produce a wide range of rubber products including tyres, tubes, flaps, and tread rubber.
- Ownership: The company remains promoter-led, with the Mammen family holding a significant stake. As of March 2025, the promoters' group continues to exercise management control over the Holding Company and its subsidiaries.
- Business Model and Strengths: MRF follows an integrated manufacturing and distribution model. It excels in product durability and brand equity. The company’s strength lies in its extensive pan-India dealer network and its ability to serve diverse segments from premium passenger radials to heavy-duty commercial tyres.
- Revenue Breakdown (FY 2024-25):
- Automobile Tyres: ₹25,397.99 crore (up from ₹22,645.73 crore in FY24)
- Automobile Tubes: ₹1,537.18 crore
- Specialty Coatings: Contributed to the "Others" segment via MRF Corp Ltd.
- Geographical Revenue: Primarily driven by the Indian market, with international operations including subsidiaries in Sri Lanka (MRF Lanka Pvt. Ltd.) and Singapore (MRF SG PTE. LTD).
- Key Products and Technology: The company produces a comprehensive range of tyres, including the Perfinza and Markus series for passenger cars and the Revz series for two-wheelers. Technological advancements focus on rubber compound optimization and radial tyre construction to enhance fuel efficiency and tread life.
- Major Subsidiaries:
- MRF Corp Ltd. (100%): Manufacture of specialty coatings.
- MRF International Ltd. (94.66%): Trading and overseas operations.
- MRF Lanka Pvt. Ltd. (100%): Manufacturing and sales in Sri Lanka.
- MRF SG PTE. LTD. (100%): Singapore-based entity for procurement and rubber trading.
- Current Strategic Initiatives: The company is focused on expanding its radial tyre capacity and enhancing its presence in the premium segment. It continues to invest in R&D to meet evolving emission norms and electric vehicle (EV) requirements, which demand tyres with lower rolling resistance and higher load-carrying capacity.
Financial Performance Summary
| Metric (Consolidated) | FY 2024-25 (₹ Cr) | FY 2023-24 (₹ Cr) |
|---|---|---|
| Revenue from Operations | 28,153 | 25,169 |
| Profit Before Taxation | 2,479 | 2,787 |
| Profit After Taxation | 1,869 | 2,081 |
| Net Worth | 18,489 | 16,703 |
| Earnings Per Share (₹) | 4,407.51 | 4,908.49 |
For the nine months ended December 31, 2025, the company reported a consolidated total income of ₹23,463.95 crore compared to ₹21,373.69 crore in the corresponding previous period. Net profit for the same nine-month period stood at ₹1,717.94 crore.
References

