MRF LTD (MRF) financials

MRF LTD (MRF) NSE/BSE financials on Fincrux: quarterly results, profit and loss, cash flow, balance sheet, ratios, and shareholding.

Madras Rubber Factory Limited (MRF) is the parent company of the MRF Group. The Co is engaged in the business of manufacturing tyres[1]

Market Cap: ₹50,410Cr.
Current Price: ₹1,18,860
Stock P/E: 21.1
ROE: 12.4%
ROCE: 16.4%
Book Value: ₹48,223
Dividend Yield: 0.20%
52W High / Low: ₹1,63,600/1,18,515

In Jun 2026, MRF LTD (MRF) reported sales ₹8,292 Cr and net profit ₹474 Cr.

Annual TTM: sales ₹31,383 Cr, net profit ₹2,346 Cr.

Shareholding: Promoters 27.61% (Sep 2026), FIIs 17.10% (Sep 2026), DIIs 12.70% (Sep 2026), Public 42.58% (Sep 2026), No. of Shareholders 66,347% (Sep 2026).

MRF quarterly results (₹ Cr.)
Category	Sep 2024	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026
Sales	6,760	6,883	6,944	7,560	7,250	7,934	7,908	8,292
Expenses	5,787	6,081	5,901	6,526	6,160	6,569	6,645	7,343
Operating Profit	973	802	1,043	1,034	1,090	1,364	1,263	949
OPM %	14%	12%	15%	14%	15%	17%	16%	11%
Other Income	112	97	111	125	107	46	148	191
Interest	67	71	78	82	71	74	71	70
Depreciation	408	414	431	427	443	436	441	446
Profit before tax	611	413	645	651	682	901	900	625
Tax %	25%	26%	23%	26%	25%	25%	24%	24%
Net Profit	455	307	498	484	512	679	680	474
EPS in Rs	1,073.85	723.21	1,173.87	1,141.76	1,206.27	1,601.33	1,604.40	1,118.51
Raw PDF	—	—	—	—	—	—	—	—

MRF profit and loss (₹ Cr.)
Category	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026	TTM
Sales	15,989	15,921	18,989	22,578	24,673	27,665	30,652	31,383
Expenses	13,659	13,015	16,967	20,227	20,489	23,702	25,893	26,717
Operating Profit	2,330	2,906	2,022	2,351	4,185	3,963	4,759	4,666
OPM %	15%	18%	11%	10%	17%	14%	16%	15%
Other Income	330	202	313	321	302	401	425	492
Interest	281	271	255	304	323	297	303	285
Depreciation	981	1,137	1,201	1,249	1,425	1,647	1,747	1,766
Profit before tax	1,399	1,700	879	1,119	2,739	2,420	3,133	3,107
Tax %	0%	27%	26%	27%	25%	25%	25%	—
Net Profit	1,395	1,249	647	816	2,041	1,823	2,355	2,346
EPS in Rs	3,289.19	2,945.13	1,526.35	1,924.57	4,812.31	4,297.35	5,553.75	5,530.51
Dividend Payout %	3%	5%	10%	9%	4%	5%	4%	—

MRF balance sheet (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Equity Capital	4	4	4	4	4	4	4	4
Reserves	10,649	12,000	13,175	13,773	14,505	16,436	18,172	20,448
Borrowings	1,868	1,365	1,514	2,415	2,561	2,377	2,453	1,690
Other Liabilities	5,707	5,785	7,567	6,501	6,954	7,597	8,468	9,155
Total Liabilities	18,228	19,154	22,260	22,693	24,024	26,415	29,096	31,296
Fixed Assets	6,768	8,849	9,391	9,466	10,050	11,977	13,129	12,871
CWIP	1,403	1,735	1,001	1,226	3,045	2,363	1,166	1,033
Investments	3,848	1,540	5,876	3,665	3,106	3,404	4,559	3,347
Other Assets	6,209	7,030	5,991	8,336	7,823	8,671	10,242	14,045
Total Assets	18,228	19,154	22,260	22,693	24,024	26,415	29,096	31,296

MRF cash flows (₹ Cr.)
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Cash from Operating Activity	1,380	2,079	4,687	-657	2,417	3,230	2,639	4,639
Cash from Investing Activity	-1,310	-168	-5,063	177	-1,927	-2,318	-2,107	-3,372
Cash from Financing Activity	-112	-864	-625	491	-457	-823	-523	-1,250
Net Cash Flow	-41	1,047	-1,001	10	33	89	8	17
Free Cash Flow	-580	-651	3,845	-2,346	-863	1,095	1,353	3,219
CFO/EBITDA Share of operating profit converting into cash: CFO (before tax) / Operating Profit	79%	108%	179%	-22%	117%	94%	81%	111%

MRF shareholding pattern (%)
Category	Dec 2024	Mar 2025	Jun 2025	Sep 2025	Dec 2025	Mar 2026	Jun 2026	Sep 2026
Promoters	27.80%	27.78%	27.78%	27.75%	27.73%	27.77%	27.76%	27.61%
FIIs	18.20%	17.54%	18.67%	18.27%	18.18%	17.98%	17.43%	17.10%
DIIs	12.00%	12.22%	11.66%	12.38%	12.50%	12.25%	12.11%	12.70%
Public	42.02%	42.46%	41.88%	41.60%	41.58%	41.98%	42.71%	42.58%
No. of Shareholders	52,964	61,320	50,253	48,074	49,218	58,110	68,876	66,347

MRF key ratios
Category	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	54	52	48	44	39	42	44	41
Inventory Days	112	110	114	119	97	107	114	101
Days Payable	88	90	163	81	66	72	82	87
Cash Conversion Cycle	78	71	-0	82	70	77	75	55
Working Capital Days	1	4	-43	9	-8	2	7	6
ROCE %	16%	13%	14%	7%	7%	17%	14%	16%

MRFUpdated 23 Oct 2026, 5:49

Mrf Ltd

MRFUpdated 23 Oct 2026, 5:49

Market Cap

₹50,410Cr.

Current Price

₹1,18,860

High / Low

₹1,63,600/1,18,515

Stock P/E

21.1

ROE12.4%

ROCE16.4%

Book Value₹48,223

Face Value₹10.0

Dividend Yield0.20%

About

Madras Rubber Factory Limited (MRF) is the parent company of the MRF Group. The Co is engaged in the business of manufacturing tyres[1]

Quarterly results

Last reported quarters₹ Cr.

Quarter	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Jun 2023	6323	78	5209	74	332	778	25	581	1370.99
Sep 2023	6088	75	4959	70	350	773	26	572	1348.54
Dec 2023	6048	78	5008	77	359	679	25	508	1197.85
Mar 2024	6215	86	5330	92	384	508	25	380	894.93
Jun 2024	7078	75	5940	83	394	751	25	563	1326.42
Sep 2024	6760	67	5787	112	408	611	25	455	1073.85
Dec 2024	6883	71	6081	97	414	413	26	307	723.21
Mar 2025	6944	78	5901	111	431	645	23	498	1173.87
Jun 2025	7560	82	6526	125	427	651	26	484	1141.76
Sep 2025	7250	71	6160	107	443	682	25	512	1206.27
Dec 2025	7934	74	6569	46	436	901	25	679	1601.33
Mar 2026	7908	71	6645	148	441	900	24	680	1604.4
Jun 2026	8292	70	7343	191	446	625	24	474	1118.51

Profit & loss

Annual statement₹ Cr.

Year	Sales	Interest	Expenses	Other Income	Depreciation	Profit Before Tax	Tax	Net Profit	EPS (₹)
Sep 2014	13197	232	11266	63	423	1339	33	898	2117.12
Mar 2016 18m	19887	352	15509	315	735	3606	31	2474	5833.16
Mar 2017	13252	250	10652	325	609	2066	30	1451	3421.47
Mar 2018	14775	250	12546	327	705	1602	32	1092	2575.46
Mar 2019	15836	253	13580	412	806	1609	32	1097	2586.29
Mar 2020	15989	281	13659	330	981	1399	0	1395	3289.19
Mar 2021	15921	271	13015	202	1137	1700	27	1249	2945.13
Mar 2022	18989	255	16967	313	1201	879	26	647	1526.35
Mar 2023	22578	304	20227	321	1249	1119	27	816	1924.57
Mar 2024	24673	323	20489	302	1425	2739	25	2041	4812.31
Mar 2025	27665	297	23702	401	1647	2420	25	1823	4297.35
Mar 2026	30652	303	25893	425	1747	3133	25	2355	5553.75
TTM	31383	285	26717	492	1766	3107	—	2346	5530.51

Shareholding pattern

As of Sep 2026%

Holder	Share
Promoters	27.61%
FIIs	17.1%
DIIs	12.7%
Public	42.58%

Shareholding trend

Ownership over time%

Quarter	Promoters	FIIs	DIIs	Public
Dec 2023	27.76%	19.41%	11.45%	41.39%
Mar 2024	27.78%	19.75%	10.57%	41.92%
Jun 2024	27.77%	19.08%	10.74%	42.41%
Sep 2024	27.76%	18.68%	11.68%	41.88%
Dec 2024	27.8%	18.2%	12%	42.02%
Mar 2025	27.78%	17.54%	12.22%	42.46%
Jun 2025	27.78%	18.67%	11.66%	41.88%
Sep 2025	27.75%	18.27%	12.38%	41.6%
Dec 2025	27.73%	18.18%	12.5%	41.58%
Mar 2026	27.77%	17.98%	12.25%	41.98%
Jun 2026	27.76%	17.43%	12.11%	42.71%
Sep 2026	27.61%	17.1%	12.7%	42.58%

Balance sheet

Assets & liabilities₹ Cr.

Period	Equity Capital	Reserves	Borrowings	Other Liabilities	Total Liabilities	Fixed Assets	CWIP	Investments	Other Assets	Total Assets
Sep 2014	4	4513	1903	3377	9797	3429	627	1088	4654	9797
Mar 2016	4	7157	2067	3942	13170	4594	1058	3147	4370	13170
Mar 2017	4	8540	2072	4309	14925	5488	847	3394	5196	14925
Mar 2018	4	9600	1701	4997	16302	6075	1079	4146	5001	16302
Mar 2019	4	10649	1868	5707	18228	6768	1403	3848	6209	18228
Mar 2020	4	12000	1365	5785	19154	8849	1735	1540	7030	19154
Mar 2021	4	13175	1514	7567	22260	9391	1001	5876	5991	22260
Mar 2022	4	13773	2415	6501	22693	9466	1226	3665	8336	22693
Mar 2023	4	14505	2561	6954	24024	10050	3045	3106	7823	24024
Mar 2024	4	16436	2377	7597	26415	11977	2363	3404	8671	26415
Mar 2025	4	18172	2453	8468	29096	13129	1166	4559	10242	29096
Mar 2026	4	20448	1690	9155	31296	12871	1033	3347	14045	31296

Cash flows

Operating, investing & financing₹ Cr.

Period	Operating	Investing	Financing	Net cash flow
Sep 2014	1687	-1785	67	-31
Mar 2016	3407	-3406	-179	-178
Mar 2017	1790	-1394	-295	101
Mar 2018	2529	-1970	-639	-80
Mar 2019	1380	-1310	-112	-41
Mar 2020	2079	-168	-864	1047
Mar 2021	4687	-5063	-625	-1001
Mar 2022	-657	177	491	10
Mar 2023	2417	-1927	-457	33
Mar 2024	3230	-2318	-823	89
Mar 2025	2639	-2107	-523	8
Mar 2026	4639	-3372	-1250	17

Key ratios

Historical financial ratios

Category	Sep 2014	Mar 2016	Mar 2017	Mar 2018	Mar 2019	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Debtor Days	47	34	54	53	54	52	48	44	39	42	44	41
Inventory Days	78	61	116	87	112	110	114	119	97	107	114	101
Days Payable	50	50	82	80	88	90	163	81	66	72	82	87
Cash Conversion Cycle	76	45	89	60	78	71	-0	82	70	77	75	55
Working Capital Days	30	1	3	-1	1	4	-43	9	-8	2	7	6
ROCE %	27%	50%	23%	17%	16%	13%	14%	7%	7%	17%	14%	16%

Frequently asked questions

Quick answers about this company's financials on Fincrux

What is the market cap of MRF LTD (MRF)?

The reported market capitalisation for MRF LTD (MRF) is ₹50,410Cr. on Fincrux. Figures may update with market data and filings.

What is the current share price of MRF?

The current price shown for MRF LTD (MRF) on Fincrux is ₹1,18,860 with a 52-week high/low of ₹1,63,600/1,18,515.

What is the P/E ratio of MRF LTD (MRF)?

The stock P/E for MRF LTD (MRF) is 21.1 on Fincrux, with ROE at 12.4% and ROCE at 16.4%.

What were MRF latest quarterly results?

For Jun 2026, MRF LTD (MRF) reported sales ₹8,292 Cr and net profit ₹474 Cr (figures in ₹ crore unless noted).

What are MRF annual sales and net profit?

For TTM, MRF LTD (MRF) shows sales of ₹31,383 Cr and net profit of ₹2,346 Cr on the Fincrux profit & loss statement.

Who owns MRF LTD (MRF)?

Latest shareholding for MRF LTD (MRF) on Fincrux: Promoters 27.61% (Sep 2026), FIIs 17.10% (Sep 2026), DIIs 12.70% (Sep 2026), Public 42.58% (Sep 2026), No. of Shareholders 66,347% (Sep 2026).

Where can I find MRF LTD (MRF) financials?

MRF LTD (MRF) financials on Fincrux include quarterly results, profit and loss, cash flow, balance sheet, key ratios, and shareholding patterns for NSE/BSE research.

Does Fincrux show MRF balance sheet and cash flow?

Yes. The MRF LTD (MRF) page on Fincrux includes balance sheet, cash flow statements, historical ratios, and ownership trends alongside quarterly and annual results.

Figures in ₹ crore unless noted. Data sourced for research and may lag filings.

Last updated 23 October 2026 at 5:49