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MRF Financial Statement Analysis
[BOM: 500290|NSE : MRF]

The Revenues of MRF have increased by 9.39% YoY .
The Earnings Per Share (EPS) of MRF has decreased by -10.18 % YoY.
REVENUES
OPERATING MARGIN
PROFIT AFTER TAX
EPS
ROCE

MRF Last 5 Annual Financial Results
[BOM: 500290|NSE : MRF]

ConsolidatedMar2025
Mar2024
Mar2023
Mar2022
Mar2021
Revenues ₹25,169 Cr₹23,009 Cr₹19,317 Cr₹16,163 Cr₹16,239 Cr
Expenses ₹20,908 Cr₹20,612 Cr₹17,258 Cr₹13,214 Cr₹13,857 Cr
Operating Profit (Excl OI) ₹4,262 Cr₹2,397 Cr₹2,059 Cr₹2,949 Cr₹2,382 Cr
Other Income ₹317 Cr₹253 Cr₹317 Cr₹210 Cr₹335 Cr
Interest ₹361 Cr₹326 Cr₹263 Cr₹282 Cr₹301 Cr
Depreciation ₹1,430 Cr₹1,253 Cr₹1,205 Cr₹1,141 Cr₹982 Cr
Profit Before Tax ₹2,787 Cr₹1,070 Cr₹908 Cr₹1,737 Cr₹1,434 Cr
Profit After Tax ₹2,081 Cr₹769 Cr₹669 Cr₹1,277 Cr₹1,423 Cr
Consolidated Net Profit ₹2,081 Cr₹769 Cr₹669 Cr₹1,277 Cr₹1,423 Cr
Earnings Per Share (Rs)₹4,408.68₹4,908.54₹1,813.51₹1,578.37₹3,011.93
PAT Margin (%)6.518.103.283.397.72
ROE(%)10.6213.255.354.889.97
ROCE(%)14.1817.548.227.2613.70
Total Debt/Equity(x)0.160.120.160.200.15

Key Financials

Market Cap : ₹ 59,810.9 Cr
Revenue (TTM) : ₹ 28,632.4 Cr
Net Profit(TTM) : ₹ 1,798.7 Cr
EPS (TTM) : ₹ 4,282.7
P/E (TTM) : 33.3

Industry Peers & Returns1W1M1Y
MRF -4.3% -4.5% 5.9%
BALKRISHNA INDUSTRIES -4% -13.5% -17.1%
APOLLO TYRES -2.4% 0.3% -8.5%
CEAT -4.4% -9.7% 12.9%
JK TYRE & INDUSTRIES -2.8% -7.1% -20.2%
TVS SRICHAKRA -3.6% -4.7% -39.5%
GOODYEAR INDIA -0% -0.3% -16.4%
TOLINS TYRES 10.2% 1.7% NA


MRF Revenues
[BOM: 500290|NSE : MRF]

Y-o-Y

9.39 %

5 Yr CAGR

11.58 %

Years Revenues % Change
Mar2025 ₹25,169 Cr
9.39
Mar2024 ₹23,009 Cr
19.11
Mar2023 ₹19,317 Cr
19.51
Mar2022 ₹16,163 Cr
-0.47
Mar2021 ₹16,239 Cr -


MRF Operating Profit
[BOM: 500290|NSE : MRF]

Y-o-Y

77.82 %

5 Yr CAGR

15.65 %

Years Operating Profit % Change
Mar2025 ₹4,262 Cr
77.82
Mar2024 ₹2,397 Cr
16.41
Mar2023 ₹2,059 Cr
-30.19
Mar2022 ₹2,949 Cr
23.82
Mar2021 ₹2,382 Cr -

Operating Margins
Y-o-Y

62.48 %

5 Yr CAGR

3.65 %

Years Operating Margin% % Change
Mar2025 16.93%
62.48
Mar2024 10.42%
-2.25
Mar2023 10.66%
-41.59
Mar2022 18.25%
24.40
Mar2021 14.67% -

MRF Profit After Tax
[BOM: 500290|NSE : MRF]

Y-o-Y

170.66 %

5 Yr CAGR

9.98 %

Years Profit After Tax % Change
Mar2025 ₹2,081 Cr
170.66
Mar2024 ₹769 Cr
14.90
Mar2023 ₹669 Cr
-47.60
Mar2022 ₹1,277 Cr
-10.23
Mar2021 ₹1,423 Cr -

PAT Margins
Y-o-Y

-19.63 %

5 Yr CAGR

-4.17 %

Years PAT Margin(%) % Change
Mar2025 6.51 %
-19.63
Mar2024 8.1 %
146.95
Mar2023 3.28 %
-3.24
Mar2022 3.39 %
-56.09
Mar2021 7.72 % -

MRF Earnings Per Share (EPS)
[BOM: 500290|NSE : MRF]

Y-o-Y

-10.18 %

5 Yr CAGR

9.99 %

Years EPS % Change
Mar2025 ₹4,409
-10.18
Mar2024 ₹4,909
170.67
Mar2023 ₹1,814
14.90
Mar2022 ₹1,578
-47.60
Mar2021 ₹3,012 -

MRF Return on Capital Employed (ROCE)
[BOM: 500290|NSE : MRF]

Y-o-Y

-19.16 %

5 Yr CAGR

0.86 %

Years ROCE % Change
Mar2025 14.18%
-19.16
Mar2024 17.54%
113.38
Mar2023 8.22%
13.22
Mar2022 7.26%
-47.01
Mar2021 13.7% -

MRF Share Price vs Sensex

Current Share Price : ₹142,407.0
Current MarketCap: ₹ 59,810.9 Cr
Updated EOD on :Aug 26,2025

Share Price Returns(%) 1 Week 1 Month 1 Year
MRF

-4.3%

-4.5%

5.9%

SENSEX

-1.1%

-1.7%

-0.3%

MRF related INDICES

BSE Indices1W1M1Y
BSE ALLCAP 6.4% 8.9% 7.5%
BSE MIDSMALLCAP 4.7% 9% 8.4%
BSE LARGEMIDCAP 4.5% 7.2% 8.3%
BSE 500 SHARIAH 4.3% 4.3% 1.1%
BSE LOW VOLATILITY INDEX -0.5% -0.6% -4.1%
NSE Indices1W1M1Y
NIFTY LOW VOLATILITY 50 -0.4% 0.5% -1.2%
NIFTY AUTO -0.5% 5.1% -1%
NIFTY TRANSPORTATION & LOGISTICS -0.8% 3.3% -0.2%
NIFTY MOBILITY -1.1% 2% -1.6%
NIFTY INDIA MANUFACTURING -1.2% -0.5% -4.3%

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FAQ about MRF Financials


How the annual revenues of MRF have changed ?

The Revenues of MRF have increased by 9.39% YoY .

How the Earnings per Share (EPS) of MRF have changed?

The Earnings Per Share (EPS) of MRF has decreased by -10.18 % YoY .