Shares of MRF were trading higher at Rs 150,360.00, up 2.01% from the previous close in Tuesday's session. At 10:06 am, the stock is trading positively.
Financial Snapshot
Here's a look at MRF's key financial data:
Consolidated Quarterly Results
MRF's consolidated quarterly performance shows:
Heading
Jun 2024
Sep 2024
Dec 2024
Mar 2025
Jun 2025
Revenue
Rs 7,196.45 Crore
Rs 6,881.09 Crore
Rs 7,000.82 Crore
Rs 7,074.82 Crore
Rs 7,675.69 Crore
Net Profit
Rs 571.02 Crore
Rs 470.70 Crore
Rs 315.46 Crore
Rs 512.11 Crore
Rs 500.47 Crore
EPS
1,346.38
1,109.85
743.80
1,207.48
1,180.04
The revenue for the quarter-ending June 2025 increased to Rs 7,675.69 crore compared to Rs 7,196.45 crore in June 2024. The net profit for the quarter-ending June 2025 stood at Rs 500.47 crore, slightly lower than Rs 571.02 crore in June 2024.
Consolidated Yearly Results
MRF's consolidated yearly performance shows:
Heading
2021
2022
2023
2024
2025
Revenue
Rs 16,163.19 Crore
Rs 19,316.72 Crore
Rs 23,008.50 Crore
Rs 25,169.21 Crore
Rs 28,153.18 Crore
Net Profit
Rs 1,277.07 Crore
Rs 669.24 Crore
Rs 768.96 Crore
Rs 2,081.23 Crore
Rs 1,869.29 Crore
EPS
3,011.14
1,577.97
1,813.10
4,907.24
4,407.51
BVPS
31,636.34
33,094.10
34,688.25
39,394.25
43,604.86
ROE
9.52
4.76
5.22
12.46
10.11
Debt to Equity
0.13
0.20
0.17
0.12
0.16
The annual revenue for the year-ending March 2025 increased to Rs 28,153.18 crore compared to Rs 25,169.21 crore in March 2024. Net profit for the year-ending March 2025 was Rs 1,869.29 crore, slightly lower than the Rs 2,081.23 crore reported in March 2024.
Consolidated Yearly Income Statement
The consolidated yearly income statement shows:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Sales
Rs 28,153 Crore
Rs 25,169 Crore
Rs 23,008 Crore
Rs 19,316 Crore
Rs 16,163 Crore
Other Income
Rs 408 Crore
Rs 316 Crore
Rs 252 Crore
Rs 316 Crore
Rs 209 Crore
Total Income
Rs 28,561 Crore
Rs 25,486 Crore
Rs 23,261 Crore
Rs 19,633 Crore
Rs 16,373 Crore
Total Expenditure
Rs 25,722 Crore
Rs 22,345 Crore
Rs 21,872 Crore
Rs 18,471 Crore
Rs 14,361 Crore
EBIT
Rs 2,839 Crore
Rs 3,140 Crore
Rs 1,388 Crore
Rs 1,161 Crore
Rs 2,011 Crore
Interest
Rs 360 Crore
Rs 353 Crore
Rs 319 Crore
Rs 253 Crore
Rs 274 Crore
Tax
Rs 609 Crore
Rs 706 Crore
Rs 300 Crore
Rs 238 Crore
Rs 459 Crore
Net Profit
Rs 1,869 Crore
Rs 2,081 Crore
Rs 768 Crore
Rs 669 Crore
Rs 1,277 Crore
Sales increased by approximately 11.86% in March 2025 compared to March 2024.
Consolidated Quarterly Income Statement
The consolidated quarterly income statement shows:
Jun 2025
Mar 2025
Dec 2024
Sep 2024
Jun 2024
Sales
Rs 7,675 Crore
Rs 7,074 Crore
Rs 7,000 Crore
Rs 6,881 Crore
Rs 7,196 Crore
Other Income
Rs 126 Crore
Rs 112 Crore
Rs 98 Crore
Rs 113 Crore
Rs 84 Crore
Total Income
Rs 7,802 Crore
Rs 7,187 Crore
Rs 7,098 Crore
Rs 6,994 Crore
Rs 7,280 Crore
Total Expenditure
Rs 7,033 Crore
Rs 6,428 Crore
Rs 6,581 Crore
Rs 6,279 Crore
Rs 6,432 Crore
EBIT
Rs 768 Crore
Rs 758 Crore
Rs 517 Crore
Rs 714 Crore
Rs 847 Crore
Interest
Rs 98 Crore
Rs 97 Crore
Rs 93 Crore
Rs 83 Crore
Rs 84 Crore
Tax
Rs 170 Crore
Rs 148 Crore
Rs 108 Crore
Rs 160 Crore
Rs 191 Crore
Net Profit
Rs 500 Crore
Rs 512 Crore
Rs 315 Crore
Rs 470 Crore
Rs 571 Crore
Sales for the quarter ending June 2025 increased to Rs 7,675 crore compared to Rs 7,196 crore in June 2024.
Consolidated Cash Flow
The consolidated cash flow shows:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Operating Activities
Rs 1,867 Crore
Rs 3,300 Crore
Rs 2,755 Crore
Rs -578 Crore
Rs 4,324 Crore
Investing Activities
Rs -2,082 Crore
Rs -2,379 Crore
Rs -1,923 Crore
Rs 165 Crore
Rs -5,086 Crore
Financing Activities
Rs 282 Crore
Rs -868 Crore
Rs -839 Crore
Rs 423 Crore
Rs -249 Crore
Others
Rs 0 Crore
Rs 1 Crore
Rs 1 Crore
Rs 1 Crore
Rs 0 Crore
Net Cash Flow
Rs 67 Crore
Rs 54 Crore
Rs -5 Crore
Rs 11 Crore
Rs -1,011 Crore
Consolidated Balance Sheet
The consolidated balance sheet shows:
Mar 2025
Mar 2024
Mar 2023
Mar 2022
Mar 2021
Share Capital
Rs 4 Crore
Rs 4 Crore
Rs 4 Crore
Rs 4 Crore
Rs 4 Crore
Reserves & Surplus
Rs 18,484 Crore
Rs 16,698 Crore
Rs 14,703 Crore
Rs 14,027 Crore
Rs 13,409 Crore
Current Liabilities
Rs 8,959 Crore
Rs 7,710 Crore
Rs 7,495 Crore
Rs 6,956 Crore
Rs 7,267 Crore
Other Liabilities
Rs 2,118 Crore
Rs 2,436 Crore
Rs 2,166 Crore
Rs 2,071 Crore
Rs 1,900 Crore
Total Liabilities
Rs 29,566 Crore
Rs 26,849 Crore
Rs 24,369 Crore
Rs 23,059 Crore
Rs 22,581 Crore
Fixed Assets
Rs 14,389 Crore
Rs 14,430 Crore
Rs 13,163 Crore
Rs 10,754 Crore
Rs 10,442 Crore
Current Assets
Rs 13,396 Crore
Rs 10,549 Crore
Rs 9,243 Crore
Rs 10,187 Crore
Rs 10,367 Crore
Other Assets
Rs 1,781 Crore
Rs 1,869 Crore
Rs 1,961 Crore
Rs 2,116 Crore
Rs 1,771 Crore
Total Assets
Rs 29,566 Crore
Rs 26,849 Crore
Rs 24,369 Crore
Rs 23,059 Crore
Rs 22,581 Crore
Contingent Liabilities
Rs 2,466 Crore
Rs 3,184 Crore
Rs 3,669 Crore
Rs 3,956 Crore
Rs 2,132 Crore
Financial Ratios
Key financial ratios for MRF:
Ratio
Mar 2021
Mar 2022
Mar 2023
Mar 2024
Mar 2025
Basic EPS (Rs.)
3,011.14
1,577.97
1,813.10
4,907.24
4,407.51
Diluted EPS (Rs.)
3,011.14
1,577.97
1,813.10
4,907.24
4,407.51
Book Value / Share (Rs.)
31,636.34
33,094.10
34,688.25
39,394.25
43,604.86
Dividend/Share (Rs.)
150.00
150.00
175.00
200.00
235.00
Face Value
10
10
10
10
10
Gross Profit Margin (%)
19.50
12.25
11.48
18.15
15.95
Operating Margin (%)
12.44
6.01
6.03
12.47
10.08
Net Profit Margin (%)
7.90
3.46
3.34
8.26
6.63
Return on Networth / Equity (%)
9.52
4.76
5.22
12.46
10.11
ROCE (%)
13.13
7.21
8.23
16.40
13.77
Return On Assets (%)
5.65
2.90
3.15
7.75
6.32
Current Ratio (X)
1.43
1.46
1.23
1.37
1.50
Quick Ratio (X)
1.02
0.87
0.68
0.79
0.87
Debt to Equity (x)
0.13
0.20
0.17
0.12
0.16
Interest Coverage Ratios (X)
7.32
9.33
8.28
12.95
12.48
Asset Turnover Ratio (%)
71.57
0.84
0.97
0.98
1.00
Inventory Turnover Ratio (X)
5.50
3.79
3.81
3.54
5.58
3 Yr CAGR Sales (%)
3.80
9.66
19.03
24.79
20.72
3 Yr CAGR Net Profit (%)
6.23
-23.06
-26.48
27.66
67.13
P/E (x)
0.00
0.00
0.00
0.00
0.00
P/B (x)
2.60
1.96
2.42
3.38
2.58
EV/EBITDA (x)
11.55
12.75
14.31
12.74
11.19
P/S (x)
2.16
1.43
1.55
2.25
1.70
Corporate Actions
MRF has announced several corporate actions, including dividend payouts. Here are some recent dividend announcements:
May 07, 2025: Final Dividend of Rs 229 per share (2290%), effective July 18, 2025.
January 30, 2025: Second Interim Dividend of Rs 3 per share (30%), effective February 14, 2025.
October 23, 2024: Interim Dividend of Rs 3 per share (30%), effective November 19, 2024.
Additionally, the company has a history of bonus issues, including bonus ratios of 1:2 and 3:10 announced on April 2, 1975, and April 2, 1970, respectively.
Market Sentiment
According to Moneycontrol analysis as of September 9, 2025, the sentiment for MRF is very bullish.
