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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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Reference data, closing prices and charts across 45,000 companies, plus crypto, commodities and currencies.

At a glance

Figures in INR, from our data supplier.

FY2026

Revenue

₹311.49bn

FY2017FY2026

Net income

₹24.26bn

FY2017FY2026

Free cash flow

₹29.91bn

FY2017FY2026

Shareholders' equity

₹209.75bn

FY2017FY2026

Income statement

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Revenue₹311.49bn₹281.71bn₹251.74bn₹230.15bn₹193.32bn₹161.85bn₹162.83bn₹161.40bn₹149.82bn₹134.12bn
Gross profit₹78.27bn₹99.20bn₹97.91bn₹72.98bn₹64.95bn₹66.46bn₹64.31bn₹62.02bn₹56.84bn₹57.64bn
Research and development₹541.2m₹517.9m₹366.7m₹1.10bn₹956.2m₹776.0m₹717.8m₹558.0m₹481.0m₹407.6m
Operating income₹35.88bn₹77.60bn₹76.25bn₹54.11bn₹11.62bn₹50.99bn₹47.48bn₹46.37bn₹42.57bn₹44.41bn
Net income₹24.26bn₹18.69bn₹20.81bn₹7.69bn₹6.69bn₹12.77bn₹14.23bn₹11.31bn₹11.32bn₹14.86bn
Diluted earnings per share5,720.594,407.644,907.381,813.091,578.003,011.223,354.302,665.882,668.263,504.33

Balance sheet

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Total assets₹319.54bn₹295.67bn₹268.49bn₹243.69bn₹230.60bn₹225.82bn₹194.42bn₹184.41bn₹164.78bn₹150.83bn
Cash and short-term investments₹52.40bn₹39.28bn₹27.47bn₹22.23bn₹34.05bn₹49.11bn₹26.92bn₹29.00bn₹33.05bn₹26.63bn
Total liabilities₹109.79bn₹110.78bn₹101.46bn₹96.62bn₹90.28bn₹91.68bn₹72.28bn₹76.04bn₹67.40bn₹64.42bn
Debt—₹37.52bn₹28.12bn₹30.09bn₹32.29bn₹23.62bn₹22.36bn₹25.06bn₹21.64bn₹23.33bn
Shareholders' equity₹209.75bn₹184.88bn₹167.03bn₹147.08bn₹140.32bn₹134.14bn₹122.15bn₹108.37bn₹97.38bn₹86.41bn
Shares outstanding4m4m4m4m4m4m4m4m4m4m

Cash flow

Fiscal years

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Cash from operations₹44.26bn₹18.68bn₹33.01bn₹27.55bn−₹5.78bn₹43.25bn₹22.73bn₹12.53bn₹24.25bn₹19.55bn
Capital spending−₹14.34bn−₹13.08bn−₹21.62bn−₹32.91bn−₹17.07bn−₹8.53bn−₹27.52bn−₹19.64bn−₹15.67bn−₹13.69bn
Free cash flow₹29.91bn₹5.60bn₹11.38bn−₹5.36bn−₹22.85bn₹34.72bn−₹4.80bn−₹7.11bn₹8.59bn₹5.86bn
Dividends paid−₹996.6m−₹848.2m−₹742.2m−₹636.2m−₹636.0m−₹424.1m−₹306.8m−₹306.8m−₹306.3m−₹510.5m

Latest quarters

By quarter end

Jun 2026Mar 2026Dec 2025Sept 2025Jun 2025Mar 2025Dec 2024Sept 2024
Revenue₹84.16bn₹80.44bn₹80.50bn₹73.79bn₹76.76bn₹70.93bn₹70.01bn₹68.81bn
Gross profit₹18.68bn₹21.27bn₹21.35bn₹27.23bn₹26.88bn₹22.84bn₹23.66bn₹25.60bn
Operating income₹5.43bn₹8.63bn₹9.61bn₹7.89bn₹7.69bn₹7.59bn₹5.18bn₹7.15bn
Net income₹4.95bn₹7.02bn₹6.92bn₹5.26bn₹5.00bn₹5.12bn₹3.15bn₹4.71bn
Diluted earnings per share1,168.001,655.861,631.291,239.421,180.081,207.50743.831,109.88
Cash from operations———₹18.70bn—₹18.68bn—₹10.64bn
Capital spending———−₹6.19bn—−₹13.08bn—−₹6.70bn
Free cash flow———₹12.52bn—₹5.60bn—₹3.94bn
Total assets—₹319.54bn—₹303.20bn—₹295.67bn—₹284.23bn
Cash and short-term investments₹52.28bn₹52.40bn₹46.59bn₹47.54bn₹39.28bn₹39.28bn₹31.11bn₹31.11bn
Debt—₹24.87bn—₹36.31bn—₹37.71bn—₹31.38bn
Shareholders' equity₹209.75bn₹209.75bn₹194.41bn₹194.41bn₹184.89bn₹184.88bn₹176.68bn₹176.68bn

Growth per year

Compound annual rate

3 years5 years10 years
Revenue10.6%14.0%8.8%
Operating income-12.8%-6.8%-2.6%
Net income46.7%13.7%3.8%

Average margins

Over each period

1 year3 years5 years10 years
Gross margin29.9%32.4%33.5%35.8%
Operating margin19.1%22.7%21.4%24.6%
Net margin7.2%6.6%6.4%7.3%

Valuation history

At each fiscal year end

FY2026FY2025FY2024FY2023FY2022FY2021FY2020FY2019FY2018FY2017
Price to earnings21.834.626.671.556.124.222.524.825.120.6
Price to sales1.72.32.22.41.91.92.01.71.92.3

Dividends and splits

Per share, in the currency the company pays

Paid for 32 years. Last went ex-dividend on 17 Jul 2026.

FY2027FY2026FY2025FY2024FY2023FY2022FY2021FY2020
Paid in the year229.00235.00200.00175.00150.0056.00100.0060.00

Sources and methodology

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

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