NSE: MRF · BSE: 500290 · ISIN INE883A01011
MRF Limited stock analysis
MRF Limited ranks #1367 in the TickerSutra evidence-ranked universe with a score of 54/100 and 95% data confidence. The latest captured fundamentals show ROCE of 15.7%, quarterly sales growth of 9.6% and quarterly profit growth of -1.3%.Monitor only
INVESTMENT EVIDENCE
What supports—and challenges—the thesis
Evidence in favour
- Low debt/equity of 0.15×
- Strong CFO/EBITDA of 0.93×
- CWIP indicates an active capacity pipeline
Risks and constraints
- No calculated threshold risk in the current snapshot.
Still unresolved: Related-party exposure · Broad media sentiment
FINANCIAL TRAJECTORY
Recent operating history
| Period | Revenue | Operating profit | Net profit | Operating margin |
|---|---|---|---|---|
| 2022 | ₹19,317cr | ₹2,061cr | ₹669cr | 11.0% |
| 2023 | ₹23,008cr | ₹2,404cr | ₹769cr | 10.0% |
| 2024 | ₹25,169cr | ₹4,272cr | ₹2,081cr | 17.0% |
| 2025 | ₹28,152cr | ₹4,090cr | ₹1,873cr | 15.0% |
| 2026 | ₹31,149cr | ₹4,910cr | ₹2,426cr | 16.0% |
| TTM | ₹31,889cr | ₹4,821cr | ₹2,418cr | 15.0% |
EXCHANGE EVENT TRIGGERS
Latest corporate disclosures
MANAGEMENT COMMENTARY
Signals from filed documents
Premium Finish with an excellent retread appearance and a re/f_ined look. Competitive Pricing with an unbeatable value positioning. Well-placed mud ejectors provide excellent self-cleaning properties.
36 Forecast for a below normal monsoon will be another negative for India which will impact agriculture sector and rural demand. The near term outlook of the economy looks uncertain, with higher input costs and supply constraints posing risks to growth. However, strong macro economic fundamentals and the resilience that the Indian economy has displayed in recent years should help the economy negotiate the risks and u
Risks and Concerns World economy continues to be affected by the geo political tensions and tariff related uncertainties. These risks will result in global slow down and impact demand both in domestic and export markets. The conflict in the middle east has raised commodity prices, shipping costs and supply chain vulnerabilities.
For regulatory compliance under R117 and AIS 142 standards, we have developed low rolling resistance tyres, without a compromise in safety and durability. Tyres with low pass-by-noise and better in-cabin acoustic comfort, developed by incorporation of state-of-the-art technologies, have been approved by Indian and global passenger car OEMs. Towards import substitution, we have initiated joint development programs wit
The Rupee depreciated in 2025-26 due to adverse capital flows arising from uncertainties around trade and tariffs. There was record exit of Foreign Institutional Investors (FII) money out of India. The conflict in West Asia added to the depreciation.
Market and Industry Overview Global passenger vehicle sales grew by over 4% in calendar year 2025, driven by China while sales was subdued in the western world. Growth is expected to be muted in 2026 as Global automakers face greater uncertainty navigating an environment of regulatory changes, trade tensions and uncertain economic outlook. European auto companies are particularly impacted, unable to compete on costs
Moreover, forecast of a below normal monsoon will be another negative which will impact agricultural sector, rural demand and consumption. All these could result in margin pressures for the tyre industry. However, strong traction in automobile sales is likely to continue in the current year, which would be beneficial for tyre companies.
HOW TO READ THIS PAGE
Evidence, freshness and limitations
What does the TickerSutra score mean?
The score ranks captured evidence across financial quality, growth, moat and margins, regulatory catalysts, governance, institutional trend and valuation comfort. It is a research-prioritization tool—not a buy recommendation or price target.
Which sources support this page?
Financial history, ownership and pledge data, NSE and BSE filings, annual reports and available earnings-call transcripts are combined here. Use the source trail and original exchange document before relying on a decision-critical fact.
Why can an item be unresolved?
Unresolved means the current captured source window did not provide enough evidence for that check. It does not establish that a risk or relationship is absent.
Maintained by TickerSutra Research · Snapshot updated 29 Sept 2026 · Read the methodology · Read the disclaimer
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