MRF Ltd Analyst Rating
based on 9 analysts
33.33%
Buy
11.11%
Hold
55.56%
Sell
Based on 9 analysts offering long term price targets for MRF Ltd. An average target of ₹118574.22
Source: S&P Global Market Intelligence
MRF Ltd Share analysis
MRF Ltd price forecast by 9 analysts
Downside of
High
₹160000
Target
₹118574.22
Low
₹92500
MRF Ltd target price ₹118574.22, a slight downside of -8.68% compared to current price of ₹128057.9. According to 9 analysts rating.
Excluding Excise Duty and Other Income, represents Net Revenue
MRF Ltd revenue growth forecast
Expected growth rate Q1, FY2026:20.07%
Forecast
Actual
Including amortisation and stock based compensations
MRF Ltd EPS growth forecast
EPS estimate Q1, FY2026:8.41%
Forecast
Actual
Source: S&P Global Market Intelligence
MRF Ltd Performance
Day's Low
Day's High
₹1,27,556.1Day's Price Range₹1,30,660.152 Week's Low
52 Week's High
₹1,15,500.0552-Week Price Range₹1,51,445
| Returns % | |
| 1 Month Return | + 5.13 % |
| 3 Month Return | -5.39 % |
| 1 Year Return | + 10.43 % |
| Market Stats | |
| Previous Close | ₹1,29,843.10 |
| Open | ₹1,29,843.10 |
| Volume | 9,524.00 |
| Upper Circuit | - |
| Lower Circuit | - |
| Market Cap | ₹55,309.30Cr |
MRF Ltd Key Statistics
| P/E Ratio | 28.28 |
| PEG Ratio | 0.05 |
| Market Cap | ₹55,309.30 Cr |
| P/B Ratio | 3.44 |
| EPS | 4908.56 |
| Dividend Yield | 0.15 |
| Sector | Tyres |
| ROE | 13.19 |
MRF Ltd Peer Comparison
Company | Analyst View | Market Cap | 5 Year CAGR | Debt to Asset Ratio | Net Profit | Yearly Revenue |
|---|---|---|---|---|---|---|
| ₹55,309.30 Cr | 20.78% | 0.58 | ₹2,081 Cr | ₹25,169 Cr | ||
| HOLD | ₹54,731.00 Cr | 39.29% | 0.63 | ₹1,471 Cr | ₹9,368 Cr |
About MRF Ltd
MRF operates across multiple countries, exporting its products to more than 65 nations worldwide. The company also has several sub-brands, such as MRF Tyres, MRF Muscleflex, and MRF ZSLK, each catering to different segments of the automotive industry. A notable fact about MRF is that it is the largest tyre manufacturer in India and one of the top 20 globally. Another interesting fact is that MRF is well-known for its involvement in motorsport and has a significant presence in the racing tyre market. MRF operates independently with no parent company and focuses on organic growth without major mergers and acquisitions.
Share Price: ₹128057.90 per share as on 20 Dec, 2024 04:01 PM
Market Capitalisation: ₹55,309.30Cr as of today
Revenue: ₹6,881.09Cr as on September 2024 (Q3 24)
Net Profit: ₹470.70Cr as on September 2024 (Q3 24)
Listing date: 19 Jan, 1995
Chairperson Name: K M Mammen
| Organisation | MRF Ltd |
| Headquarters | |
| Industry | Tyres |
| E-voting on shares | Click here to vote |
Key events for MRF Ltd
E-commerce Sellers Challenge CCI Probe Involving MRF - 16 Dec, 2024
E-commerce sellers are leveraging a recent verdict to delay the Competition Commission of India (CCI) investigation originally targeting JK Tyres, which also involved MRF as a third party.Inauguration of MCC-MRF Innovation Park - 15 Dec, 2024
The MCC-MRF Innovation Park was inaugurated at Madras Christian College, aiming to empower youth with creative and entrepreneurial skills. Established with Rs 30 crore from MRF Foundation, it addresses real-world challenges.MRF Reports Strong Financial Growth for 2024 - 10 Dec, 2024
MRF shows solid financial stability with projected revenue growth to ₹25,565 crores and net profit increase to ₹2,387 crores for March 2024. The company maintains a CAGR sales growth of 9% and profit growth rate of 12% over the last five years.MRF Reports Mixed Financial Results Amid Dividend Announcement - 18 Nov, 2024
MRF's financial results show an 11% revenue increase but a 20% drop in net profit for Q2 FY25. The company announces a Rs 3 interim dividend, with projections for the tyre industry indicating modest growth.
Insights on MRF Ltd
Insights help you understand the recent movement of the company's critical parameters, giving you an overall view of the company.
POSITIVE IMPACTMF Holding Up
Mutual Funds have increased holdings from 6.84% to 8.03% in Sep 2024 quarter
NO EFFECTAgainst Peers
In the last 3 years, CEAT Ltd has given 187.3% return, outperforming this stock by 100.8%
- NO EFFECT
Against Peers
In the last 1 year, CEAT Ltd has given 26.7% return, outperforming this stock by 16.9%
NEGATIVE IMPACTFII Holding Down
Foreign Institutions have decreased holdings from 19.08% to 18.68% in Sep 2024 quarter
- NEGATIVE IMPACT
Profit Down
Netprofit is down for the last 2 quarters, 571.02 Cr → 470.7 Cr (in ₹), with an average decrease of 17.6% per quarter
- NEGATIVE IMPACT
Revenue Fall
Revenue is down for the last 2 quarters, 7.28K Cr → 6.99K Cr (in ₹), with an average decrease of 3.9% per quarter
- NEGATIVE IMPACT
Promoter Holding Down
Promoters have decreased holdings from 27.78% to 27.77% in Sep 2024 quarter
- NEGATIVE IMPACT
Price Dip
In the last 3 months, MRF stock has moved down by -4.4%
- NEGATIVE IMPACT
Retail Holding Down
Retail Investor have decreased holdings from 42.41% to 41.88% in Sep 2024 quarter
MRF Ltd Financials
Index Inclusions
MRF Ltd Shareholding Pattern
| Investors | Holdings % | FY Quarter | 3M change |
|---|---|---|---|
| Promoter Holdings | 27.77% | ||
| Foreign Institutions | 18.68% | ||
| Mutual Funds | 8.03% | 17.48 | |
| Retail Investors | 41.88% | ||
| Others | 3.65% |
MRF Ltd Key Indicators
MRF Ltd Valuation
MRF Ltd in the last 5 years
Lowest (16.42x)
April 3, 2020
Today (28.28x)
December 19, 2024
Industry (29.39x)
December 19, 2024
Highest (70.85x)
November 7, 2022
MRF Ltd Earnings and Dividends
MRF Ltd Earnings Results
MRF Ltd’s net profit fell -19.77% since last year same period to ₹470.70Cr in the Q2 2024-2025. On a quarterly growth basis, MRF Ltd has generated -17.57% fall in its net profits since last 3-months.
Read More about Earnings ResultsMRF Ltd Dividends November,2024
In the quarter ending September 2024, MRF Ltd has declared dividend of ₹3 - translating a dividend yield of 0.16%.
Read More about Dividends
MRF Ltd Technicals Summary
Bearish
Neutral
Bullish
MRF Ltd is currently in a Bearish trading position according to technical analysis indicators.
FAQs on MRF Ltd
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MRF Ltd (MRF) share price today is ₹128057.9
MRF Ltd is listed on NSE
MRF Ltd is listed on BSE
- Today’s highest price of MRF Ltd is ₹130660.1.
- Today’s lowest price of MRF Ltd is ₹127556.1.
PE Ratio of MRF Ltd is 28.28
PE ratio = MRF Ltd Market price per share / MRF Ltd Earnings per share
Today’s traded volume of MRF Ltd(MRF) is 9,524.00.
Today’s market capitalisation of MRF Ltd(MRF) is ₹55309.3Cr.
| MRF Ltd(MRF | Price |
|---|---|
52 Week High | ₹151445 |
52 Week Low | ₹115500.05 |
MRF Ltd(MRF) share price is ₹128057.9. It is down -15.44% from its 52 Week High price of ₹151445
MRF Ltd(MRF) share price is ₹128057.9. It is up 10.87% from its 52 Week Low price of ₹115500.05
| MRF Ltd(MRF | Returns |
|---|---|
1 Day Returns | -1785.2% |
1 Month Returns | 5.13% |
3 Month Returns | -5.39% |
1 Year Returns | 10.43% |