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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 increased by 170.67 % YoY.
REVENUES
OPERATING MARGIN
PROFIT AFTER TAX
EPS
ROCE

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

ConsolidatedMar2024
Mar2023
Mar2022
Mar2021
Mar2020
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)₹4,908.54₹1,813.51₹1,578.37₹3,011.93₹3,355.09
PAT Margin (%)8.103.283.397.728.76
ROE(%)13.255.354.889.9712.34
ROCE(%)17.548.227.2613.7012.66
Total Debt/Equity(x)0.120.160.200.150.15

Key Financials

Market Cap : ₹ 49,391.6 Cr
Revenue (TTM) : ₹ 27,427.7 Cr
Net Profit(TTM) : ₹ 1,753.3 Cr
EPS (TTM) : ₹ 4,174.5
P/E (TTM) : 28.2

Industry Peers & Returns1W1M1Y
MRF 3.9% 10.4% -14.9%
BALKRISHNA INDUSTRIES -2.5% -8.6% -6.7%
APOLLO TYRES 4.7% 4.8% -13.2%
CEAT -1.1% 9.8% 1.4%
JK TYRE & INDUSTRIES 1.9% 4.5% -35.5%
TVS SRICHAKRA -2.1% -2.5% -42.4%
GOODYEAR INDIA 1.1% 0.9% -28.8%
TOLINS TYRES -2.5% -1.8% NA


MRF Revenues
[BOM: 500290|NSE : MRF]

Y-o-Y

9.39 %

5 Yr CAGR

11.58 %

Years Revenues % Change
Mar2024 ₹25,169 Cr
9.39
Mar2023 ₹23,009 Cr
19.11
Mar2022 ₹19,317 Cr
19.51
Mar2021 ₹16,163 Cr
-0.47
Mar2020 ₹16,239 Cr -


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

Y-o-Y

77.82 %

5 Yr CAGR

15.65 %

Years Operating Profit % Change
Mar2024 ₹4,262 Cr
77.82
Mar2023 ₹2,397 Cr
16.41
Mar2022 ₹2,059 Cr
-30.19
Mar2021 ₹2,949 Cr
23.82
Mar2020 ₹2,382 Cr -

Operating Margins
Y-o-Y

62.48 %

5 Yr CAGR

3.65 %

Years Operating Margin% % Change
Mar2024 16.93%
62.48
Mar2023 10.42%
-2.25
Mar2022 10.66%
-41.59
Mar2021 18.25%
24.40
Mar2020 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
Mar2024 ₹2,081 Cr
170.66
Mar2023 ₹769 Cr
14.90
Mar2022 ₹669 Cr
-47.60
Mar2021 ₹1,277 Cr
-10.23
Mar2020 ₹1,423 Cr -

PAT Margins
Y-o-Y

146.95 %

5 Yr CAGR

-1.94 %

Years PAT Margin(%) % Change
Mar2024 8.1 %
146.95
Mar2023 3.28 %
-3.24
Mar2022 3.39 %
-56.09
Mar2021 7.72 %
-11.87
Mar2020 8.76 % -

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

Y-o-Y

170.67 %

5 Yr CAGR

9.98 %

Years EPS % Change
Mar2024 ₹4,909
170.67
Mar2023 ₹1,814
14.90
Mar2022 ₹1,578
-47.60
Mar2021 ₹3,012
-10.23
Mar2020 ₹3,355 -

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

Y-o-Y

113.38 %

5 Yr CAGR

8.49 %

Years ROCE % Change
Mar2024 17.54%
113.38
Mar2023 8.22%
13.22
Mar2022 7.26%
-47.01
Mar2021 13.7%
8.21
Mar2020 12.66% -

MRF Share Price vs Sensex

Current Share Price : ₹117,599.0
Current MarketCap: ₹ 49,391.6 Cr
Updated EOD on :Apr 11,2025

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

3.9%

10.4%

-14.9%

SENSEX

-1.5%

1.1%

1.2%

MRF related INDICES

BSE Indices1W1M1Y
BSE LOW VOLATILITY INDEX -0.1% 2.5% -1%
BSE 200 -2.1% 1.5% 0.4%
BSE 250 LARGEMIDCAP INDEX -2.2% 1.5% 0.2%
BSE 500 -2.3% 1.5% -0.2%
BSE CONSUMER DISCRETIONARY & SERVICES -2.8% -0.4% -4.3%
NSE Indices1W1M1Y
NIFTY ALPHA LOW-VOLATILITY 30 -1.6% 1.9% -5.7%
NIFTY MOBILITY -1.9% 0.5% -3.3%
NIFTY TRANSPORTATION & LOGISTICS -1.9% -0.7% -4.8%
NIFTY 200 -2.2% 1.7% 0.6%
NIFTY 500 -2.3% 1.5% 0.2%

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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 increased by 170.67 % YoY .