MRF share price today

MRF Ltd's share price was ₹1,17,985.00 at the close on 4 November 2026. It has been falling for 34 weeks. That is 10.1% below its average price over the last 200 trading days. In the last 52 weeks it traded between ₹1,16,775 and ₹1,58,765, and at that close it sat 3% of the way up from that low.

A share price tends to move through four phases: moving sideways (stage 1), rising (stage 2), stalling near a high (stage 3) and falling (stage 4). Today MRF Ltd is in stage 4. The phase helps read everything below.

Over the past 13 weeks it has done worse than the NIFTY 500, and it has been behind for 9 weeks running.

Over the last 11 years the share price moved +242% while the NIFTY 500 moved +251%, so it is behind the index over that whole period. It was last ahead over 13 weeks in the week of 4 September 2026. The chart above shows the 13-week comparison for every week.

This page treats a rise as over when the price closes below its 200-day average on two Fridays in a row.

Three changes stood out: revenue up on a year earlier for 11 quarters in a row (every quarter we can compare), foreign funds (FIIs) cut their stake for 5 quarters in a row and highest quarterly revenue in 15 quarters.

1. Revenue up on a year earlier for 11 quarters in a row (every quarter we can compare)

   In the June 2026 quarter revenue was ₹8,416 crore, +9.6% on a year earlier.

2. Foreign funds (FIIs) cut their stake for 5 quarters in a row

   From 18.7% to 17.1% of the company by the September 2026 quarter.

3. Highest quarterly revenue in 15 quarters

   Revenue of ₹8,416 crore in the June 2026 quarter is the highest of the last 15 quarters.

For April to June 2026 (the quarter ended 30 June 2026), MRF reported revenue of ₹8,416 crore, up 9.6% from ₹7,676 crore a year earlier, and a profit of ₹495 crore, down 1.4% from ₹502 crore.

MRF results: April to June 2026 against a year earlier

The next results, for July to September 2026, are due by 14 November 2026: listed companies must publish quarterly results within 45 days of the quarter's end (60 days for the January to March quarter).

From the company's reported quarterly results (quarter ended 30 June 2026). Revenue and profit in ₹ crore.

MRF closed at ₹1,17,985.00 on 4 November 2026, down 25.7% from ₹1,58,765.00 a year earlier (7 November 2025) and up 50.5% over five years. Its highest weekly close since March 2016 was ₹1,60,190.00 on 24 October 2025.

MRF share price: then and now

Weekly closing prices. Each change is the move from that price to the 4 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes.

560 weekly closes from 11 March 2016 to 4 November 2026.

4 Nov 2026: MRF closed at ₹1,17,985.00, up 1.0% on the week and down 4.6% on the month. 17 Jul 2026: ex-date for a dividend of ₹229 a share.

Earlier

• Results for April to June 2026: Revenue up 9.6% and profit down 1.4% on a year earlier.
• 13 Feb 2026: ex-date for an interim dividend of ₹3 a share.
• 21 Nov 2025: ex-date for an interim dividend of ₹3 a share.

MRF paid ₹235 a share in regular dividends in the 12 months to 5 November 2026 (3 payments), a yield of 0.20% at the ₹1,17,985.00 close on 4 November 2026. The last was a dividend of ₹229 a share, ex-date 17 July 2026.

MRF dividends since 1 April 2021

Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date.

Yes. MRF Ltd paid out 4% of its profit as dividends in FY26, and it paid a dividend in each of its last 13 reported years.

From the NSE corporate-actions record, read 5 November 2026.

MRF is on 2 of our India lists: 52 week high & low and Small & mid cap stocks.

MRF Ltd earned ₹495 Cr of net profit in the Jun 2026 quarter, −1.4% on the same quarter a year earlier. Full-year FY26 profit was ₹2,426 Cr. Over 10 years profit has grown −0.3% a year on average. That is 5.9% of the quarter's revenue. The same quarter a year earlier earned ₹502 Cr.

Net profit is what is left after every cost, interest and tax. Earnings per share, dividends and book value all grow from it.

For the full year, FY26 profit was ₹2,426 Cr (+29.5% on the year before).

Why profit moved: revenue changed +9.6% on a year earlier and the margin moved −2.0 percentage points. Sales did the work while the margin got thinner.

On average over the last four quarters, profit changed +42.1% and revenue +11.4%. Profit is growing faster than sales: fixed costs are spread over more sales, so each extra rupee of revenue adds more to profit.

MRF Ltd reported ₹8,416 Cr of revenue in the Jun 2026 quarter, +9.6% on the same quarter a year earlier. That is the 12th quarter in a row with growth on the year before. Over 10 years it has grown 4.4% a year on average. The last full year, FY26, came in at ₹31,149 Cr.

Revenue is everything the company billed its customers in the period.

The last four reported quarters add to ₹31,889 Cr.

FY26 revenue was ₹31,149 Cr, +10.6% on the year before.

Recent pace: the last four quarters grew +11.4% on average, against 4.4% a year over the longer run, so this year is growing faster than its own long-run rate.

Is growth speeding up? Revenue over the last 12 months grew +11.4%, against +10.9% a year over the last 8 quarters (stabilising); profit over the last 12 months grew +34.5%, against +8.2% a year (accelerating).

MRF Ltd's operating margin was 12.0% in the Jun 2026 quarter, 2.0 percentage points lower than the same quarter a year ago. Across 13 years it has been between 10.0% and 22.0%. The latest quarter is within that range.

Operating margin is what is left from every ₹100 of sales after the costs of running the business, before interest and tax. It shows pricing power and cost control.

Why the margin moved: operating margin changed −2.2 percentage points on the year while gross margin changed −1.5 points. So the drop came mostly from the gross margin, which means input costs and prices charged.

Over the last 3 years, 153% of MRF Ltd's reported profit came in as cash from its operations, so the profit is backed by cash. In FY26 it brought in ₹4,590 Cr of operating cash against ₹2,426 Cr of profit. After ₹1,362 Cr of spending on assets, ₹3,228 Cr was left over as free cash.

The profit and loss account shows what was earned. The cash-flow statement shows the cash that actually came in. Comparing operating cash flow with profit is one of the best checks that a profit is real.

Cash-flow figures here are yearly, because quarterly cash statements are not published, so this section changes once a year.

Why 153% of profit came in as cash: the cash cycle got 49 days longer between FY21 and FY26, so more of each rupee of profit waits in the business before it arrives.

What to look at next: no single use of cash stands out. The next section checks both the cash tied up in daily operations and the spending on assets.

MRF Ltd's cash cycle, the days between paying suppliers and getting paid by customers, was 83 days in FY26, up from 34 days in FY21. It spent ₹5,674 Cr on assets over the last 3 years. Customers take 42 days to pay, and stock sits for 101 days on average.

Working capital is the cash tied up between paying suppliers and getting paid. Debtor days: how long customers take to pay. Inventory days: how long stock sits. The cash cycle: the whole loop, in days of sales.

At FY26 sales of ₹31,149 Cr, each day of that cycle ties up about ₹85.3 Cr, so roughly ₹7,083 Cr is tied up in the business at any time.

FY26: customers took 42 days to pay and stock sat for 101 days, about 3.3 months of sales sitting as stock, for a full cycle of 83 days, longer than FY21's 34.

The full loop: cash goes out to suppliers and production on day 0. Stock sits for 101 days. Customers pay about 42 days after that. Suppliers are paid at 60 days. Together that makes the 83-day cycle.

Spending on assets: ₹5,674 Cr over the last 3 years, against ₹4,838 Cr of depreciation (the yearly wear and tear on existing assets). So it is building a little beyond replacing what wears out. Work still in progress is ₹1,034 Cr (FY26): assets paid for that are not earning yet.

In short: neither the daily cycle nor new spending is soaking up the cash, so the picture is fairly clean.

MRF Ltd's P/E is 20.3×, near the low end of its own history: it has been lower only 20% of the time. Its usual P/E (the middle reading) is 24.8×, over 11 years of weekly prices. This compares the share price with the company’s own past. It does not say what the business is worth.

P/E is the share price divided by a year's profit per share: how many rupees the market pays for each rupee of yearly profit.

The P/E here, and its history, use a profit figure that can leave out one-off items, so it can differ from a P/E worked out on the quarterly results. Those results' earnings per share for the four quarters to Jun 2026 add up to ₹5,700.98.