MRF

MRF ROCE

The Return on Capital Employed (ROCE) of MRF (MRF.NS) as of Oct 10, 2026 is 17.11 %. In the previous year, Return on Capital Employed (ROCE) was 41.97 % — a change of -59.24% (lower).

ROCE

17.11 %

YoY

-59.24%

Last updated:

In 2026, MRF's return on capital employed (ROCE) was 17.11 %, a -59.24% increase from the 41.97 % ROCE in the previous year.

The MRF ROCE history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

ROCE
Date
ROCE
Jan 1, 2019
42.79 INR
Jan 1, 2020
38.87 INR
Jan 1, 2021
38.02 INR
Jan 1, 2022
8.28 INR
Jan 1, 2023
36.79 INR
Jan 1, 2024
45.65 INR
Jan 1, 2025
41.97 INR
Jan 1, 2026
17.11 INR
The MRF ROCE history
YEARROCEYoY
17.11 %-59.24%
41.97 %-8.07%
45.65 %+24.09%
36.79 %+344.36%
8.28 %-78.22%
38.02 %-2.21%
38.87 %-9.15%
42.79 %-2.10%
43.71 %-14.95%
51.39 %-20.21%
64.40 %-37.16%
102.49 %—
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MRF Stock analysis

What does MRF do? MRF Ltd is a Luxembourgish company in the field of tire production and automotive components. It was founded in 1946 by K. M. Mammen Mappillai and has its headquarters in Chennai, India. MRF stands for Madras Rubber Factory and is now one of the largest companies in the Indian market. History The history of MRF began in the 1940s when K. M. Mammen Mappillai decided to establish a company for the production of rubber tires. At that time, the company produced bicycle tires and later expanded to automobile tires. Since then, MRF has evolved into a leading global tire manufacturer, supplying high-quality products for the automotive industry and industrial applications. Business Model MRF is divided into various business divisions, including tire production and marketing, raw materials, automotive components, and other business divisions. The company primarily operates in India but also exports to other countries. MRF operates its own chain of tire stores to directly sell its products to end consumers. Products MRF is a leading manufacturer of tires for various applications such as cars, trucks, motorcycles, buses, airplanes, mining vehicles, and agricultural machinery. The company also produces other products such as tubes, rubber products for various industrial applications, and automotive components such as suspensions and brakes. MRF's automotive components division was established in 1993 and produces a wide range of components for the automotive industry. The company offers products such as brake pads, brake calipers, steering systems, wheel hubs, suspensions, and drivetrain components. MRF also produces rubber products for various industrial applications such as hoses for the chemical and oil industry, rubber parts for power plants, seals for medical devices, and water pipeline systems for municipal utilities. MRF is one of the few companies worldwide that produces aircraft tires. The company has specialized tires for aircraft suitable for various applications, including passenger planes, cargo planes, and military aircraft. In the field of agriculture, MRF produces tires for various applications including tractors, harvesting machines, and mulchers. Agriculture is a significant market for MRF as India remains one of the largest agricultural states in the world. MRF has won many awards throughout its history, including accolades for product quality, customer service, and sustainability. The company has also been focusing on renewable energy in recent years and has invested in solar and wind energy projects. Conclusion MRF Ltd is a leading company in the tire production and automotive components industry. The company offers a wide range of products for various applications and operates globally. MRF has earned a reputation for high-quality products and good customer service and remains an important player in the international market. MRF is one of the most popular companies on Eulerpool.

ROCE Details

Unraveling MRF's Return on Capital Employed (ROCE)

MRF's Return on Capital Employed (ROCE) is a financial metric that measures the company's profitability and efficiency with respect to the capital employed. It is calculated by dividing earnings before interest and tax (EBIT) by the employed capital. A higher ROCE indicates that the company is effectively utilizing its capital to generate profits.

Year-to-Year Comparison

Analyzing MRF's ROCE annually provides valuable insights into its efficiency in using its capital to generate profits. An increasing ROCE indicates improved profitability and operational efficiency, whereas a decrease might signal potential issues in capital utilization or business operations.

Impact on Investments

MRF's ROCE is a critical factor for investors and analysts for evaluating the company’s efficiency and profitability. A higher ROCE can make the company an attractive investment, as it often signifies that the firm is generating adequate profits from its employed capital.

Interpreting ROCE Fluctuations

Changes in MRF’s ROCE are attributed to variations in EBIT or the capital employed. These fluctuations offer insights into the company’s operational efficiency, financial performance, and strategic financial management, assisting investors in making informed investment decisions.

Frequently Asked Questions about MRF stock

Return on Capital Employed (ROCE) of MRF is 17.11 % in 2026.

Return on Capital Employed (ROCE) of MRF changed from 41.97 % to 17.11 %, representing a -59.24% change. The value is lower than the previous year.

On Eulerpool you can find the complete historical development of Return on Capital Employed (ROCE) MRF since 2006 – with annual values, charts, and detailed analysis.

ROCE is a profitability measure and stands for Return on Capital Employed or the return on invested capital. The measure shows the ratio of operating profit to the interest-bearing capital employed. The higher the return on capital employed, the more profitable a company operates and the higher the important free cash flow. The free cash flow refers to the portion of profits that is not needed for expanding the company at the end of a period, but is available to shareholders.

A 'good' varies by industry and company stage. On Eulerpool, you can compare Return on Capital Employed (ROCE)'s MRF with sector peers and the industry average to assess whether it is attractive.

To evaluate Return on Capital Employed (ROCE)'s, it is essential to compare it with peers in the same industry and sector. On Eulerpool, you can find direct industry comparisons for Return on Capital Employed (ROCE).

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Profitability — MRF

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