# MRF share price today (MRF Ltd, NSE: MRF) > MRF share price today: ₹1,17,690.00 at the NSE close on 3 November 2026, down 25.3% in a year. MRF (NSE: MRF) is worth ₹49,914 crore, trades at a P/E of 20.3 and has closed between ₹1,16,775.00 and ₹1,58,765.00 over the past 52 weeks. > MRF Ltd's P/E is near the low end of its own history, higher than only 19% of past readings, and its quarterly results are still getting worse. MRF · Tyres & Tubes · data as of 3 November 2026. Page: https://www.sectoralpha.in/stocks/mrf-ltd Sector Alpha also publishes a daily newsletter that explains one Indian stock at a time: https://newsletter.sectoralpha.in/?utm_source=sectoralpha&utm_medium=ai_text&utm_campaign=llms ## Key numbers - Business trend: Turning around, from the last 12 quarters - Price: ₹1,17,690.00 (−25.3% in a year) - P/E: 20.3× (lower than 81% of the last 11 years) - Revenue (Jun 2026): ₹8,416 Cr (+9.6% on a year ago) - Profit (Jun 2026): ₹495 Cr (−1.4% on a year ago) - Operating margin: 12.0% (−2.0 points on a year ago) - ROCE: 16%, FY26 - ROIC: 12.4%, against a 12.0% cost of capital: +0.4 points The main question: yearly earnings per share moved +29.5% while the share price moved −25.3%. ## What is the MRF share price today? MRF Ltd's share price was ₹1,17,690.00 at the close on 3 November 2026. It has been falling for 34 weeks. That is 10.3% 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 2% of the way up from that low. 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 +241% 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. ## What changed at MRF this quarter? 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. ## What are MRF's latest quarterly results? 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 | Measure | April to June 2026 | April to June 2025 | Change | | --- | --- | --- | --- | | Revenue | ₹8,416 crore | ₹7,676 crore | +9.6% | | Profit | ₹495 crore | ₹502 crore | −1.4% | | Earnings per share | ₹1,167.98 | ₹1,183.23 | −1.3% | | Operating margin | 12.0% | 14.0% | −2.0 points | 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.) ## What is the MRF share price history? MRF closed at ₹1,17,690.00 on 3 November 2026, down 25.3% from ₹1,57,515.00 a year earlier (31 October 2025) and up 50.1% 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 | When | Close | Change to 3 Nov 2026 | | --- | --- | --- | | 1 week ago · 23 Oct 2026 | ₹1,17,915.00 | −0.2% | | 1 month ago · 1 Oct 2026 | ₹1,23,715.00 | −4.9% | | 6 months ago · 30 Apr 2026 | ₹1,29,710.00 | −9.3% | | 1 year ago · 31 Oct 2025 | ₹1,57,515.00 | −25.3% | | 3 years ago · 3 Nov 2023 | ₹1,07,723.25 | +9.3% | | 5 years ago · 4 Nov 2021 | ₹78,412.50 | +50.1% | | 10 years ago · 4 Nov 2016 | ₹50,179.70 | +134.5% | | Earliest weekly close in our records · 11 Mar 2016 | ₹34,499.80 | +241.1% | | Highest weekly close since March 2016 · 24 Oct 2025 | ₹1,60,190.00 | −26.5% | | Lowest weekly close since March 2016 · 24 Jun 2016 | ₹31,317.25 | +275.8% | | 52-week high (weekly close) · 7 Nov 2025 | ₹1,58,765.00 | −25.9% | | 52-week low (weekly close) · 30 Oct 2026 | ₹1,16,775.00 | +0.8% | Weekly closing prices. Each change is the move from that price to the 3 Nov 2026 close. A day's intraday high or low can go beyond these weekly closes. (560 weekly closes from 11 March 2016 to 3 November 2026.) ## What is the latest news on MRF? 3 Nov 2026: MRF closed at ₹1,17,690.00, down 0.2% on the week and down 4.9% 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. ## What dividend does MRF pay? MRF paid ₹235 a share in regular dividends in the 12 months to 4 November 2026 (3 payments), a yield of 0.20% at the ₹1,17,690.00 close on 3 November 2026. The last was a dividend of ₹229 a share, ex-date 17 July 2026. ### MRF dividends since 1 April 2021 | Ex-date | Dividend per share | Type | Record date | | --- | --- | --- | --- | | 17 Jul 2026 | ₹229 | Dividend | same day | | 13 Feb 2026 | ₹3 | Interim | same day | | 21 Nov 2025 | ₹3 | Interim | same day | | 18 Jul 2025 | ₹229 | Dividend | same day | | 14 Feb 2025 | ₹3 | Interim | same day | | 19 Nov 2024 | ₹3 | Interim | same day | | 25 Jul 2024 | ₹194 | Dividend | n/a | | 21 Feb 2024 | ₹3 | Interim | same day | | 17 Nov 2023 | ₹3 | Interim | same day | | 20 Jul 2023 | ₹169 | Dividend | n/a | | 21 Feb 2023 | ₹3 | Interim | same day | | 17 Nov 2022 | ₹3 | Interim | 18 Nov 2022 | | 27 Jul 2022 | ₹144 | Dividend | n/a | | 17 Feb 2022 | ₹3 | Interim | 18 Feb 2022 | | 17 Nov 2021 | ₹3 | Interim | 19 Nov 2021 | | 4 Aug 2021 | ₹144 | Dividend + Special | n/a | Amounts as the company declared them on the NSE. A dividend goes to whoever owns the shares before the ex-date. 5 of 5 Of the last 5 financial years, years with an NSE dividend record 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 4 November 2026.) ## Which stock lists is MRF on? MRF is on 2 of our India lists: 52 week high & low and Small & mid cap stocks. - [52 week high & low 52-week position: At 52-week low](https://www.sectoralpha.in/52-week-high-stocks-india) - [Small & mid cap stocks Size rank in India: 190](https://www.sectoralpha.in/small-cap-stocks-india) ## Is MRF profitable? 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. 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. ## How much revenue does MRF make, and is it growing? 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. 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). ## How much of every ₹100 of sales does MRF keep? 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. 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. ## Is MRF's profit turning into cash? 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. 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. ## Where does MRF's cash go? 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. 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. ## What is MRF's P/E ratio, and how does it compare with its own history? MRF Ltd's P/E is 20.3×, near the low end of its own history: it has been lower only 19% 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. 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. Why the multiple is where it is: over the past year earnings per share moved +29.5% while the price moved −25.3%. Earnings did better than the price, which pulled the multiple down within its own range. Where the price move came from: over 5 years the price moved +8.5% a year; about +11.5% a year came from earnings growth and about −3.0 percentage points from the multiple (the market paying less); over 10 years the price moved +8.9% a year; about +0.1% a year came from earnings growth and about +8.8 percentage points from the multiple (the market paying more). The split is approximate (price return minus earnings growth). It shows how much of the move came from the market paying a different multiple. In short: the multiple is low against its own past, so the earnings trend underneath matters more than the multiple. ## Is the MRF business getting better or worse? MRF Ltd's business is turning around. Profit growth has swung from −12.9% at its low to +34.5%, improving for 5 quarters in a row, with ROCE rising at 16.3%. This is based on 12 quarters of 4 measures. Why it matters: a turn in growth is often where a bigger change starts. The lines say a turn is forming, so the question is whether the next quarters confirm it. ## How much does MRF earn on its capital? MRF Ltd earned a ROCE of 16% in FY26. That is up from a low of 7% in FY22. Its return on capital used (ROIC) is 0.4 percentage points above its cost of capital, so growth here adds value, not just size. It comes from a 7.8% net margin and 0.97× asset turnover (sales divided by assets). Why the return is what it is (FY26): a 7.8% net margin × 0.97× asset turnover × 1.52× leverage (assets divided by equity) ≈ 11.5% on equity. The margin does its share; borrowing plays a small part, so this return is earned, not borrowed. The key test, return on capital used minus the cost of capital: 12.4% − 12.0% = +0.4 percentage points. The 12.0% is a standard assumption for the cost of capital in India, not an estimate for this company. Read the sign and size of the gap, not the decimals. Positive but thin: it creates value with little room for error. ## Does MRF have too much debt? MRF Ltd has total debt of ₹3,207 Cr against shareholder equity of ₹20,975 Cr as of Jun 2026, so its debt is 0.15× its equity, which is very little. Year by year, that ratio went from 0.23 in FY22 to 0.15 in FY26. So the returns on this page come from the business, not from borrowed money. ## What is the MRF shareholding pattern? Foreign institutions cut their stake in MRF Ltd by 1.6 percentage points over 8 quarters, the biggest change among its owners. Foreign institutions now own 17.1% of the company. Domestic institutions moved +1.0 points over the same period, to 12.7%. This uses the four owner groups that companies report every quarter; nothing is guessed between filings. Over the last two years: Foreign institutions: −1.6 points over 8 quarters, to 17.1%; Domestic institutions: +1.0 points over 8 quarters, to 12.7%; Promoters: −0.2 points over 8 quarters, to 27.6%. Why the owners changed: foreign institutions drove it (−1.6 points), with the other side taken by domestic institutions (+1.0 points). They reduced their stake. ## How far is MRF from balance-sheet trouble? For MRF Ltd, the Z-score is not available, so we say so rather than guess one. It estimates how far the balance sheet is from trouble; it is not a forecast of failure. The debt, cash-flow and return sections show the balance-sheet figures we do have, each with its own date. ## How does MRF rank in its industry? 63.9 out of 100, rank 1 of 8 in Tyres & Tubes, with 81% of the evidence available. MRF Ltd scores 63.9 out of 100 against the 8 companies it is compared with in Tyres & Tubes, ranking 1. The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. The four parts add up to the total exactly: 20.8 + 18.3 + 15.9 + 8.9 = 63.9. This is the same number shown on the industry page; it is worked out once for the whole group and read here. What would change it: The score would fall if profit growth turns negative or margins stop improving while the share price lags its sector. ## Which companies is MRF compared with? MRF ranks 1 of 8 Tyres & Tubes companies on the 4-Factor Sector Score, with 63.9 out of 100. 1. MRF Ltd this page MRF · quiet · Evidence leans up · 81% evidence 63.9 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 20.8/35 · Revenue 11.4% · Profit 34.5% · Operating margin change -2 points · 88% evidence Capital efficiency 18.3/25 · ROCE 15.7% · Operating margin 12% · 100% evidence Valuation 15.9/20 · P/E 20.1× · PEG 0.69 · 100% evidence Relative strength 8.9/20 · Lead over its industry n/a · Lead over NIFTY 500 -9.5% · 1 year -25.9% · 25% evidence · 0 of 12 weeks ahead Exact sum: 20.8 + 18.3 + 15.9 + 8.9 = 63.9 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 2. [Apollo Tyres Ltd](https://www.sectoralpha.in/stocks/apollo-tyres-ltd) APOLLOTYRE · quiet · Evidence leans up · 81% evidence 56.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 22.5/35 · Revenue 11.2% · Profit 100% · Operating margin change -1 points · 88% evidence Capital efficiency 13.6/25 · ROCE 13.9% · Operating margin 12% · 100% evidence Valuation 12.0/20 · P/E 11.3× · PEG 2.16 · 100% evidence Relative strength 8.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -10.3% · 1 year -24.3% · 25% evidence · 5 of 12 weeks ahead Exact sum: 22.5 + 13.6 + 12 + 8.4 = 56.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 3. [CEAT Ltd](https://www.sectoralpha.in/stocks/ceat-ltd) CEATLTD · basing · Evidence leans up · 85% evidence 56.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 15.7/35 · Revenue 24.5% · Profit 4.3% · Operating margin change -3 points · 100% evidence Capital efficiency 17.4/25 · ROCE 19.2% · Operating margin 10% · 100% evidence Valuation 13.5/20 · P/E 21.8× · PEG 0.55 · 100% evidence Relative strength 9.4/20 · Lead over its industry n/a · Lead over NIFTY 500 -9% · 1 year -23.4% · 25% evidence · 2 of 12 weeks ahead Exact sum: 15.7 + 17.4 + 13.5 + 9.4 = 56 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 4. [Rajratan Global Wire Ltd](https://www.sectoralpha.in/stocks/rajratan-global-wire-ltd) RAJRATAN · losing its lead · Evidence leans up · 100% evidence 55.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 21.6/35 · Revenue 29.2% · Profit 40.7% · Operating margin change -2 points · 100% evidence Capital efficiency 12.2/25 · ROCE 13.2% · Operating margin 12% · 100% evidence Valuation 9.3/20 · P/E 25.9× · PEG 1.33 · 100% evidence Relative strength 12.6/20 · Lead over its industry 5.3% · Lead over NIFTY 500 -0.4% · 1 year -1.7% · 100% evidence · 7 of 12 weeks ahead Exact sum: 21.6 + 12.2 + 9.3 + 12.6 = 55.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 5. [Balkrishna Industries Ltd](https://www.sectoralpha.in/stocks/balkrishna-industries-ltd) BALKRISIND · quiet · Evidence leans down · 96% evidence 47.2 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 12.8/35 · Revenue 9.8% · Profit -3.3% · Operating margin change 4 points · 88% evidence Capital efficiency 9.7/25 · ROCE 11.2% · Operating margin 22% · 100% evidence Valuation 14.0/20 · P/E 28.5× · PEG 0.66 · 100% evidence Relative strength 10.7/20 · Lead over its industry 1.4% · Lead over NIFTY 500 -4% · 1 year -9.1% · 100% evidence · 4 of 12 weeks ahead Exact sum: 12.8 + 9.7 + 14 + 10.7 = 47.2 · What this means: The valuation scores well, but earnings are not improving yet, so the business does not back up the low multiple so far. 6. [TVS Srichakra Ltd](https://www.sectoralpha.in/stocks/tvs-srichakra-ltd) TVSSRICHAK · breaking out · Evidence leans down · 81% evidence 47.0 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 28.2/35 · Revenue 18.6% · Profit 100% · Operating margin change 2 points · 88% evidence Capital efficiency 4.8/25 · ROCE 7.8% · Operating margin 8% · 100% evidence Valuation 1.8/20 · P/E 30.6× · PEG 5.11 · 100% evidence Relative strength 12.2/20 · Lead over its industry n/a · Lead over NIFTY 500 3.5% · 1 year -1.5% · 25% evidence · 12 of 12 weeks ahead Exact sum: 28.2 + 4.8 + 1.8 + 12.2 = 47 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 7. [JK Tyre & Industries Ltd](https://www.sectoralpha.in/stocks/jk-tyre-industries-ltd) JKTYRE · quiet · Evidence leans down · 67% evidence 46.5 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 14.5/35 · Revenue 12.5% · Profit -8.7% · Operating margin change -6 points · 95% evidence Capital efficiency 13.0/25 · ROCE 15.5% · Operating margin 7% · 76% evidence Valuation 11.5/20 · P/E 15.5× · PEG n/a · 50% evidence Relative strength 7.5/20 · Lead over its industry n/a · Lead over NIFTY 500 -24.6% · 1 year -30.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 14.5 + 13 + 11.5 + 7.5 = 46.5 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. 8. [Goodyear India Ltd](https://www.sectoralpha.in/stocks/goodyear-india-ltd) GOODYEAR · quiet · Evidence leans down · 81% evidence 44.7 out of 100 Growth Capital Valuation Relative How the score adds up Growth & earnings 11.7/35 · Revenue 0.8% · Profit 21.9% · Operating margin change -3 points · 88% evidence Capital efficiency 13.8/25 · ROCE 17.4% · Operating margin 1.3% · 100% evidence Valuation 11.2/20 · P/E 24.9× · PEG 0.64 · 100% evidence Relative strength 8.0/20 · Lead over its industry n/a · Lead over NIFTY 500 -10.7% · 1 year -32.1% · 25% evidence · 0 of 12 weeks ahead Exact sum: 11.7 + 13.8 + 11.2 + 8 = 44.7 · What this means: The evidence is balanced: no factor stands out, so another reported quarter is needed before the picture is clearer. Missing figures are not scored as bad. They lower the confidence and pull the final score toward the middle. Relative strength counts only when the company has a reading for this week; with no reading, that factor is left out and its 20 points are shared across the other three in proportion. PEG is not shown when the ratio cannot mean anything: the company must be making a profit, its price-to-earnings must be positive, and its three-year earnings growth must fall between 5% and 60%. Dividing a price multiple by a loss, or by growth measured off a tiny base, produces a number that looks precise and tells you nothing. Under relative strength, one mark per week shows the last 12 weeks: a mark is filled where the company led NIFTY 500 by 5% or more over the 13 weeks ending that week, which is the same test used everywhere on this site. Price stage places the company on the same six-step path the industry is placed on (basing, turning, breaking out, leader, fading, asleep), read from how many weeks running it has led NIFTY 500 and whether that lead is growing or shrinking. It describes where the share price stands, not the direction of earnings, and it is not a recommendation; it is left blank for a company whose weekly history is too short or too stale to read. The figures in this ranking come from the industry comparison: results through the Sep 2026 quarter, and the P/E at that quarter's end. The sections above use the latest weekly price, so a P/E or return there can differ a little from the one here. The stage words in this ranking (such as losing its lead or breaking out) describe the lead over the index, not the price phase in the price section. Related companies: [Tyres & Tubes](https://www.sectoralpha.in/sectors/tyres-tubes), all 8 compared on one page. ## Which companies are close to MRF in size? MRF is the largest of 8 Tyres & Tubes companies on Sector Alpha by market value (scores of 30 October 2026). It is the largest. Just below it: Balkrishna Industries, Apollo Tyres, CEAT, JK Tyre & Industries, TVS Srichakra and Rajratan Global Wire. ### Tyres & Tubes companies close in size 1. MRF Ltd ₹49,526 crore 2. [Balkrishna Industries Ltd](https://www.sectoralpha.in/stocks/balkrishna-industries-ltd) ₹40,067 crore 3. [Apollo Tyres Ltd](https://www.sectoralpha.in/stocks/apollo-tyres-ltd) ₹24,099 crore 4. [CEAT Ltd](https://www.sectoralpha.in/stocks/ceat-ltd) ₹12,488 crore 5. [JK Tyre & Industries Ltd](https://www.sectoralpha.in/stocks/jk-tyre-industries-ltd) ₹8,701 crore 6. [TVS Srichakra Ltd](https://www.sectoralpha.in/stocks/tvs-srichakra-ltd) ₹3,139 crore 7. [Rajratan Global Wire Ltd](https://www.sectoralpha.in/stocks/rajratan-global-wire-ltd) ₹2,155 crore [All 8 Tyres & Tubes companies, largest first](https://www.sectoralpha.in/sectors/tyres-tubes#all-companies) ### Companies close in size in other industries 1. [Coromandel International Ltd](https://www.sectoralpha.in/stocks/coromandel-international-ltd) ₹50,035 crore · Fertilisers 2. [SBI Cards & Payment Services Ltd](https://www.sectoralpha.in/stocks/sbi-cards-payment-services-ltd) ₹49,962 crore · Finance - Credit Cards 3. MRF Ltd ₹49,526 crore 4. [Ipca Laboratories Ltd](https://www.sectoralpha.in/stocks/ipca-laboratories-ltd) ₹48,909 crore · Pharma - Formulators 5. [Swiggy Ltd](https://www.sectoralpha.in/stocks/swiggy-ltd) ₹48,747 crore · E-Commerce - Platform - Food ## What else do people ask about MRF? ### What is MRF's share price today? MRF Ltd's share price is ₹1,17,690.00, −25.3% over the past year. The whole company is worth ₹49,914 Cr on the market. In the last 52 weeks it traded between ₹1,16,775 to ₹1,58,765; today it is 2% of the way up from the low, 10.3% below its 200-day average (as of 3 November 2026). ### What were MRF's latest quarterly results? MRF Ltd reported revenue of ₹8,416 Cr and net profit of ₹495 Cr for the Jun 2026 quarter. Revenue rose 9.6% and profit fell 1.4% compared with a year earlier. Earnings per share were ₹1,167.98. The operating margin was 12.0%, 2.0 percentage points lower than a year earlier (as of 3 November 2026). ### What is MRF's market cap? MRF Ltd's market capitalisation is ₹49,914 Cr at a share price of ₹1,17,690.00. Market cap is the share price times the number of shares, so it changes whenever the price moves (as of 3 November 2026). ### How is MRF performing? MRF Ltd's share price has been falling for 34 weeks. In its latest quarter, revenue rose 9.6% and profit fell 1.4% compared with a year earlier. Over the past 13 weeks it has done worse than the NIFTY 500, for 9 weeks running (as of 3 November 2026). ### Will MRF's share price go up? This page does not forecast MRF Ltd's share price. What it shows instead: the share price is ₹1,17,690.00, and it has been falling for 34 weeks. Its P/E of 20.3× is higher than 19% of its own last 11 years (as of 3 November 2026). ### Who owns MRF? Promoters own 27.6% of MRF Ltd, foreign institutions 17.1%, domestic institutions 12.7% and the public 42.6% (latest quarter). The biggest change over the last two years: Foreign institutions cut their stake by 1.6 percentage points over 8 quarters (as of 3 November 2026). ### Does MRF have too much debt? No, MRF Ltd has little debt: its debt is 0.15× its equity, and its operating profit is 13 times its interest bill. FY26 borrowings were ₹3,207 Cr against equity of ₹20,974 Cr. So the returns on this page come from the business, not borrowed money (as of 3 November 2026). ### Where is MRF in its business cycle? MRF Ltd's FY26 operating margin was 16.0%, against a 13-year range of 10.0% to 22.0%: the middle of its own range, neither a peak nor a low. The latest quarter was 12.0%. Comparing margins with a company's own long history is a good way to see where it is in its cycle (as of 3 November 2026). ### What could break the MRF story? The main question: yearly earnings per share moved +29.5% while the share price moved −25.3%. On price, this page treats a rise as over when the share price closes below its 200-day average on two Fridays in a row (as of 3 November 2026). ### Is MRF a stock worth studying right now? What the numbers show: MRF Ltd's P/E is near the low end of its own history, higher than only 19% of past readings, and its quarterly results are still getting worse. The main open question: whether the price catches up with earnings that have already grown. Every number on this page is worked out by code from the published figures, with no forecasts and no price opinions (as of 3 November 2026). ## Lists - 52 week high & low: https://www.sectoralpha.in/52-week-high-stocks-india - Small & mid cap stocks: https://www.sectoralpha.in/small-cap-stocks-india This is research, not advice. We’re not SEBI-registered.