MRF (MRF.NS) Stock Price
MRF Price
Over the last 20 years MRF grew revenue by 11.2% annually, reaching 311.49 B INR. Earnings per share have grown at 22.4% per year over the last 20 years. For MRF, the net margin of 7.8% is up versus 3.5% a few years ago. At today's price the dividend yield works out to roughly 0.19%. The payout ratio is around 6% of earnings. The dividend has grown at 13.1% per year over the past 20 years. The consensus 12-month price target for MRF is 150,905.94 INR, about 23.4% above where the stock trades today. Of 16 analysts, 3 rate the stock a buy — an overall Sell consensus.
MRF stock price
MRF business model & stock analysis
Frequently asked questions about MRF
The business model of MRF Ltd revolves around manufacturing and selling a wide range of rubber products. MRF specializes in the production of tires for various vehicles, including cars, motorcycles, trucks, and airplanes. The company also manufactures conveyor belts, rubber flooring, and other industrial rubber products. MRF Ltd operates through a strong distribution network, both domestically and internationally, delivering quality products to customers worldwide. With a focus on innovation and technology, MRF Ltd continues to be a leading player in the global tire industry, ensuring its position as a preferred choice for customers seeking reliable and high-performance rubber products.
MRF Ltd is primarily active in the industries of manufacturing and selling of rubber products.
The main competitors of MRF Ltd in the market are Apollo Tyres Ltd, Ceat Ltd, and JK Tyre & Industries Ltd.
MRF Ltd, also known as Madras Rubber Factory, is a leading Indian tire manufacturing company. Established in 1946, MRF has a rich history and has become a prominent player in the automotive industry. With headquarters in Chennai, India, MRF has expanded its operations globally and is known for its exceptional quality and innovative tire solutions. It caters to various segments, including passenger vehicles, motorcycles, commercial vehicles, and more. MRF's strong commitment to research and development, coupled with its state-of-the-art manufacturing capabilities, has helped it maintain a competitive edge in the market. Over the years, MRF has established itself as a trusted brand known for its durability, reliability, and performance.
MRF Ltd has achieved several significant milestones over the years. One notable achievement is its recognition as the largest manufacturer of tyres in India. The company has consistently delivered high-quality products, earning a strong reputation for its superior performance and durability. MRF Ltd has also expanded its global presence by establishing manufacturing facilities and distribution networks in multiple countries, allowing it to successfully penetrate international markets. Moreover, the company has received numerous prestigious awards for its innovation, research, and development efforts, further solidifying its position as a leader in the tyre industry. MRF Ltd continues to set new standards and excel in the automotive industry, driving growth and profitability.
MRF Ltd, the renowned Indian tire manufacturing company, has a strong presence not only in India but also across various international markets. With its commitment to quality and innovation, MRF has expanded its reach to several countries and regions around the globe. Some of the prominent markets where MRF Ltd primarily operates include the United States, South Africa, Australia, Brazil, and various countries in the Middle East and Southeast Asia. The company's global footprint has enabled it to establish itself as a leading player in the tire industry, catering to the diverse needs of customers worldwide.
MRF Ltd represents values of integrity, excellence, and customer-centricity. The company has a strong corporate philosophy, focusing on innovation, and delivering superior quality products and services. MRF Ltd is committed to ethical practices, promoting sustainability, and maintaining strong relationships with customers, employees, and stakeholders. With a rich heritage and a strong presence in the automotive industry, MRF Ltd is dedicated to consistently meeting customer expectations and offering unparalleled value. The company's commitment to continuous improvement, reliability, and trustworthiness has made MRF Ltd a reputable and leading name in the market.
Analysts currently set an average price target of 150,868.00 INR for the MRF stock (median: 150,905.94 INR), implying +23.3 % versus the latest price. The consensus is based on 16 analyst ratings.
16 analysts currently rate the MRF stock: 4 recommend buying, 3 holding and 9 selling.
Converted at the current exchange rate, the MRF share trades at 1,128.93 EUR (122,315.00 INR).
The MRF share (MRF.NS) is listed on 2 stock exchanges, including: NSE (Indien) (MRF.NS).
MRF Ltd is an Indian company specializing in the manufacturing of tires, refined products, and raw materials. The company was established in 1946 and operates in over 65 countries today. MRF Ltd has various divisions including tires, raw materials, specialty chemicals, and molded components. Tires: MRF Ltd is one of the leading tire manufacturers in India. The company produces a wide range of tires suitable for various vehicles. MRF tires are manufactured for cars, motorcycles, racing cars, commercial vehicles, and tractors. The MRF brand is well-known in India and worldwide. Raw Materials: MRF Ltd also manufactures rubber raw materials such as synthetic rubber and natural rubber. The company is capable of producing different types of rubber raw materials in various sizes and qualities. The raw material is processed according to the customers' requirements and supplied to various companies that further manufacture products from it. Specialty Chemicals: MRF Ltd offers a wide range of specialty chemicals for various industries. The company produces antioxidants, vulcanization accelerators, additives for rubber, and synthetic rubbers. These products find applications in the tire industry, automotive industry, electronics industry, and many other industries. Molded Components: MRF Ltd also manufactures rubber and plastic molded components for various industries. The precisely molded parts are manufactured according to customers' requirements and used for various applications. MRF Ltd produces molded components for the automotive industry, household appliances, power tools, and many other applications. MRF Ltd has a strong presence in the Indian market and continues to expand overseas. The company's products are sold in many countries worldwide. The company is committed to providing high-quality products and services and continuously works on improving its products and services. The business model of MRF Ltd is based on the production and sale of tires, raw materials, specialty chemicals, and molded components. The company also manufactures other products such as tubes, but its main product lines are its tires and raw materials. MRF Ltd is focused on offering innovative solutions to customers and is renowned for its high product quality. The company has a strong position in the Indian market and continues to expand overseas to explore new business opportunities.
The revenue of MRF is 311.49 B INR. This figure is based on current financial data and reflects the company's business performance.
The profit of MRF is 24.26 B INR. The net profit reflects the company's profitability after deducting all expenses.
The price-to-earnings ratio (P/E) of MRF is currently 21.38. The P/E ratio compares the current share price to the earnings per share and helps investors assess the valuation of the MRF stock.
The price-to-sales ratio (P/S) of MRF is currently 1.67. The P/S ratio compares the market capitalization to the annual revenue and serves as a valuation metric for the MRF stock.
The Eulerpool Quality Score for MRF is 5/10.
The ISIN of MRF is INE883A01011. The ISIN (International Securities Identification Number) is a globally unique identifier for securities.
The ticker of MRF is MRF.NS. The ticker symbol is used to trade MRF shares on the stock exchange.
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All fundamentals and in-depth analysis of MRF
Our stock analysis for MRF stock includes important financial indicators such as revenue, profit, P/E ratio, P/S ratio, EBIT, as well as information on dividends. We also assess aspects such as stocks, market capitalization, debt, equity, and liabilities of MRF. If you are looking for more detailed information on these topics, we offer comprehensive analyses on our subpages.