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M

MRF MRF.NS · INR

Consumer Discretionary · NSE · 🇮🇳 India

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125,105.00

-0.15%

Close of 9 Nov 2026, in INR

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About MRF

Its shares trade on NSE under the ticker MRF.NS. It has been listed since 19 January 1995. In the fiscal year to 31 March 2026, it reported revenue of ₹311.49bn and net income of ₹24.26bn. At that date it held total assets of ₹319.54bn and shareholders' equity of ₹209.75bn.

MRF Ltd. engages in the manufacture, distribution, and sale of rubber products. The company is headquartered in Chennai, Tamil Nadu. The firm is engaged in the manufacturing and sale of tire, tubes, flaps, tread rubber and rubber chemicals. The company offers various categories of products, such as truck tires, including STEEL MUSCLE, SUPER LUG, SUPER MILLER, SAND GRIP and M-77; tractor tires, such as SHAAKTI LIFE, SHAKTI SUPER, KRISHI, FARM MUSCLE, TRACTOR TRAILOR-707 and PAHALWAN; light commercial vehicle tires, such as SUPER LUG 505, SUPER MILER 99 and SUPER LUG FIFTY; small commercial vehicle tires, such as SAVARI, SAVARI LUG and ZIGMA CTP; pick up vehicle tire, such as SM 12; two/three wheeler tires, including AUTOMILER 82, SAVARI TREK, TRIPLE PLUS, REVZ FH, MOTO D, ZAPPER FM, RIB PLUS and ZAPPER FN, and off the road tires, such as MUSCLE-LIFT, MUSCLEROK-EARTH MOVERS, MUSCLEROK-GRADERS, MUSCLEROK-SMOOTH, MUSCLEROK-ROADTRACK and SANDGRIP. The company also offers paints and coats, and various services, such as TireTok, Tyredrome, MRF FASST and the MRF Institute of Driver Development (MIDD).

Figures and description from our data supplier, not checked against the company's own report.

Company facts

Sector
Consumer Discretionary
Industry
Auto Components
Listed since
19 Jan 1995
Employees
18,734

Leadership

Pay as last reported

  • Mr. Kandathil MammenExecutive Chairman of the Board, Managing Director, since 1981₹320.9m
  • Mr. Arun MammenExecutive Vice Chairman of the Board, Managing Director, since 2017₹269.7m
  • Mr. Madhu NainanExecutive Vice President - Finance₹24.6m
  • Mr. Rahul MappillaiManaging Director, Executive Director, since 2010₹237.7m
  • Mr. Varun MammenWhole-Time Director, since 2017₹119.1m
  • Mr. Samir MappillaiWhole-Time Director, since 2017₹118.6m
  • Mr. S. Dhanvanth KumarCompany Secretary₹21.2m
  • Mrs. Ambika MammenNon-Executive Director₹100,000
  • Dr. Cibi MammenNon-Executive Director₹100,000
  • Mrs. Vimla AbrahamNon-Executive Independent Director₹100,000
  • Mr. Vikram ChesettyNon-Executive Independent Director₹240,000
  • Shri. Vikram HosangadyNon-Executive Independent Director₹200,000

Environmental, social and governance

Scores out of 100, from our data supplier

ESG
Overall
38
Environment
29
Social
56
Governance
28
Direct emissions (scope 1)
590,847 t
Energy emissions (scope 2)
612,094 t
Women in the workforce
0.22385%
Carbon reduction policy
No
Human rights policy
Yes

SWOT analysis

AI-generated by our data supplier. Not written or checked by our editors.

AI-generated

Strengths

  • MRF Ltd has a strong brand presence and is a leader in the Indian tire industry, known for its high-quality products.
  • The company has a wide range of product offerings, catering to various segments including cars, motorcycles, commercial vehicles, and agricultural vehicles.
  • MRF has a robust distribution network spread across the country, ensuring its products are easily accessible to customers.

Weaknesses

  • MRF heavily relies on the Indian market, which makes it vulnerable to fluctuations in the domestic economy.
  • The company faces intense competition from both domestic and international tire manufacturers, which puts pressure on pricing and market share.
  • MRF's manufacturing processes may not be as technologically advanced as some of its global competitors, impacting efficiency and innovation.

Opportunities

  • The Indian automotive industry is witnessing significant growth, providing opportunities for MRF to expand its market share and revenue.
  • The increasing adoption of electric vehicles presents a chance for MRF to develop and supply tires specifically designed for these vehicles.
  • Expansion into untapped international markets can help MRF reduce its dependence on the Indian market and diversify its revenue streams.

Threats

  • Fluctuating raw material prices, particularly rubber, can impact MRF's profitability.
  • Changes in government regulations and policies related to the automotive industry, such as emission norms, can affect demand for tires.
  • The emergence of alternative modes of transportation, such as ride-sharing and autonomous vehicles, may reduce the overall demand for tires in the future.

Sources and methodology

Data on this tab
Our data supplier
Chart on the Overview
TradingView

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