MRF Limited Logo

MRF Limited

MRF.NS

(3.0)
Stock Price

136.347,60 INR

6.56% ROA

17.91% ROE

33.7x PER

Market Cap.

569.801.824.254,00 INR

19.8% DER

0.13% Yield

8.22% NPM

MRF Limited Stock Analysis

MRF Limited Fundamental Analysis

Fundamental analysis in stock investing is like studying the foundation of a house before buying it. It involves looking at a company's financial health, like its earnings, assets, and debts, to determine if it's a good investment based on its fundamental strength and potential for growth.

MRF Limited Fundamental Stock Analysis
# Analysis Rating
1 DER

The stock has a minimal amount of debt (20%) relative to its ownership, showcasing a strong financial position and lower risk for investors.

2 Assets Growth

This company's revenue has experienced steady growth over the last five years, indicating a reliable and prosperous financial trajectory.

3 Dividend

Investors can trust the company's impressive dividend track record, consistently distributing dividends over the past five years, showcasing a strong commitment to rewarding shareholders.

4 ROE

ROE in an average range (8.53%) suggests satisfactory profitability and decent utilization of shareholders' equity.

5 ROA

The stock's ROA (5.07%) shows that it's doing a pretty good job at making money from its assets, making it a solid choice to invest and earn steady profits.

6 Revenue Growth

This company's revenue has shown remarkable growth over the past three years, making it an excellent choice for seeking a consistently prosperous investment.

7 Net Profit Growth

This company's net profit has consistently grown over the past three years, showcasing a positive financial trend and making it an appealing investment opportunity.

8 Dividend Growth

Investors can be encouraged by the company's strong dividend growth over the past three years, highlighting its ability to generate consistent returns and provide an attractive investment opportunity.

9 Buffet Intrinsic Value

The company's stock seems undervalued (3.020.757) by Warren Buffett's formula, indicating a promising investment opportunity as its intrinsic value exceeds the market price.

10 PBV

The stock's high Price-to-Book Value (P/BV) ratio (3.21x) suggests it's overvalued, potentially making it an expensive investment.

11 Graham Number

The Graham number analysis indicates that this company's stock price is likely overpriced, raising concerns about its investment potential.

MRF Limited Technical Analysis

Technical analysis in stock investing is like reading the patterns on a weather map to predict future weather conditions. It involves studying past stock price movements and trading volumes to make predictions about where a stock's price might go next, without necessarily looking at the company's financial health.

MRF Limited Technical Stock Analysis
# Analysis Recommendation
1 Awesome Oscillator Hold
2 MACD Buy
3 RSI Hold
4 Stoch RSI Sell

MRF Limited Price Chart

Financial Statements

Financial statements are like report cards for companies. They show how much money a company makes (income statement), what it owns and owes (balance sheet), and where it spends its money (cash flow statement), helping stock investors understand if a company is healthy and worth investing in.

Income Statements

An income statement for a company is like a scoreboard for its profits and losses. It shows how much money the company made (revenue) and how much it spent to make that money (expenses), helping stock investors see if a company is making a profit or not.

Revenue in stock investing is the total amount of money a company earns from its sales, and it's a key factor that investors consider to assess a company's financial performance and growth potential.

MRF Limited Revenue
Year Revenue Growth
2005 29.760.400.000
2006 37.243.000.000 20.09%
2007 44.088.900.000 15.53%
2008 50.464.500.000 12.63%
2009 56.682.900.000 10.97%
2010 74.587.300.000 24%
2011 97.518.100.000 23.51%
2012 119.992.200.000 18.73%
2013 122.398.500.000 1.97%
2014 133.214.400.000 8.12%
2015 0 0%
2016 133.464.600.000 100%
2017 149.093.500.000 10.48%
2018 159.942.100.000 6.78%
2019 161.621.500.000 1.04%
2020 160.766.700.000 -0.53%
2021 190.271.500.000 15.51%
2022 230.085.000.000 17.3%
2023 248.684.000.000 7.48%

Research and Development Expenses are the costs a company incurs to create and improve its products or services, which can be important for investors to evaluate a company's innovation and potential for future growth.

MRF Limited Research and Development Expenses
Year Research and Development Expenses Growth
2005 0
2006 0 0%
2007 0 0%
2008 0 0%
2009 0 0%
2010 0 0%
2011 0 0%
2012 0 0%
2013 0 0%
2014 0 0%
2015 0 0%
2016 0 0%
2017 0 0%
2018 0 0%
2019 0 0%
2020 0 0%
2021 0 0%
2022 0 0%
2023 0 0%

General and Administrative Expenses are the costs a company incurs to run its day-to-day operations, such as office rent, salaries, and utilities, which investors consider to understand a company's overall efficiency and management effectiveness.

MRF Limited General and Administrative Expenses
Year General and Administrative Expenses Growth
2005 3.118.100.000
2006 3.816.100.000 18.29%
2007 4.100.800.000 6.94%
2008 5.408.800.000 24.18%
2009 0 0%
2010 7.626.300.000 100%
2011 8.256.300.000 7.63%
2012 0 0%
2013 167.400.000 100%
2014 190.900.000 12.31%
2015 0 0%
2016 248.900.000 100%
2017 271.900.000 8.46%
2018 279.300.000 2.65%
2019 595.100.000 53.07%
2020 621.600.000 4.26%
2021 710.500.000 12.51%
2022 691.700.000 -2.72%
2023 0 0%

EBITDA stands for Earnings Before Interest, Taxes, Depreciation, and Amortization. It is a measure that helps stock investors analyze a company's profitability by looking at its earnings without considering certain expenses. This helps to get a clearer picture of the company's financial performance and its ability to generate cash flow.

MRF Limited EBITDA
Year EBITDA Growth
2005 2.067.400.000
2006 2.215.500.000 6.68%
2007 7.708.100.000 71.26%
2008 4.469.300.000 -72.47%
2009 7.156.100.000 37.55%
2010 8.627.200.000 17.05%
2011 12.344.400.000 30.11%
2012 13.039.000.000 5.33%
2013 17.994.600.000 27.54%
2014 19.902.500.000 9.59%
2015 0 0%
2016 26.983.100.000 100%
2017 23.809.700.000 -13.33%
2018 24.274.000.000 1.91%
2019 24.577.900.000 1.24%
2020 31.269.200.000 21.4%
2021 22.133.800.000 -41.27%
2022 26.417.900.000 16.22%
2023 49.105.200.000 46.2%

Gross profit is the money a company makes from selling its products or services after subtracting the cost of producing or providing them, and it is an important measure for investors to understand a company's profitability.

MRF Limited Gross Profit
Year Gross Profit Growth
2005 8.504.500.000
2006 11.090.100.000 23.31%
2007 14.218.500.000 22%
2008 15.877.600.000 10.45%
2009 19.555.700.000 18.81%
2010 24.391.500.000 19.83%
2011 26.388.300.000 7.57%
2012 35.890.200.000 26.47%
2013 40.596.200.000 11.59%
2014 45.888.300.000 11.53%
2015 0 0%
2016 55.490.300.000 100%
2017 54.868.900.000 -1.13%
2018 59.264.000.000 7.42%
2019 61.718.400.000 3.98%
2020 64.882.000.000 4.88%
2021 60.587.800.000 -7.09%
2022 75.689.200.000 19.95%
2023 102.661.200.000 26.27%

Net income in stock investing is like the money a company actually gets to keep as profit after paying all its bills, and it's an important measure to understand how well a company is doing financially.

MRF Limited Net Profit
Year Net Profit Growth
2005 445.500.000
2006 428.900.000 -3.87%
2007 1.703.800.000 74.83%
2008 1.408.500.000 -20.97%
2009 2.507.800.000 43.84%
2010 3.575.100.000 29.85%
2011 6.187.800.000 42.22%
2012 5.794.000.000 -6.8%
2013 8.086.000.000 28.35%
2014 9.083.200.000 10.98%
2015 0 0%
2016 14.862.200.000 100%
2017 11.316.100.000 -31.34%
2018 11.306.000.000 -0.09%
2019 14.225.600.000 20.52%
2020 12.770.600.000 -11.39%
2021 6.692.400.000 -90.82%
2022 7.689.600.000 12.97%
2023 23.466.400.000 67.23%

EPS, or earnings per share, is a measure that shows how much profit a company has earned for each outstanding share of its stock, and it is important for stock investors as it helps understand the profitability of a company and compare it with other companies in the market.

MRF Limited Earning per Share (EPS)
Year Earning per Share (EPS) Growth
2005 95
2006 187 48.92%
2007 402 53.62%
2008 338 -18.64%
2009 591 42.81%
2010 843 29.81%
2011 1.459 42.25%
2012 1.366 -6.73%
2013 1.907 28.33%
2014 2.142 10.98%
2015 0 0%
2016 3.504 100%
2017 2.668 -31.33%
2018 2.666 -0.11%
2019 3.354 20.54%
2020 3.011 -11.39%
2021 1.578 -90.93%
2022 1.813 13.02%
2023 5.533 67.23%

Cashflow Statements

Cashflow statements show the movement of money in and out of a company, helping stock investors understand how much money a company makes and spends. By examining cashflow statements, investors can assess if a company is generating enough cash to pay its bills, invest in growth, and provide returns to stockholders.

Free cash flow is the leftover cash that a company generates after covering its operating expenses and capital expenditures, which is important for stock investors as it shows how much money a company has available to invest in growth, pay dividends, or reduce debt.

MRF Limited Free Cashflow
Year Free Cashflow Growth
2005 -1.757.900.000
2006 963.800.000 282.39%
2007 -311.400.000 409.51%
2008 -3.140.600.000 90.08%
2009 6.845.100.000 145.88%
2010 -7.114.200.000 196.22%
2011 -8.486.700.000 16.17%
2012 4.130.400.000 305.47%
2013 10.507.200.000 60.69%
2014 4.516.800.000 -132.62%
2016 5.863.700.000 22.97%
2017 8.587.500.000 31.72%
2018 -7.109.100.000 220.8%
2019 -4.797.500.000 -48.18%
2020 -1.199.375.000 -300%
2021 -22.850.400.000 94.75%
2022 -5.357.700.000 -326.5%

Operating cash flow represents the cash generated or consumed by a company's day-to-day operations, excluding external investing or financing activities, and is crucial for stock investors as it shows how much cash a company is generating from its core business operations.

MRF Limited Operating Cashflow
Year Operating Cashflow Growth
2005 804.000.000
2006 2.747.000.000 70.73%
2007 3.059.200.000 10.21%
2008 2.698.700.000 -13.36%
2009 8.468.700.000 68.13%
2010 1.583.100.000 -434.94%
2011 2.773.700.000 42.92%
2012 10.338.400.000 73.17%
2013 14.263.400.000 27.52%
2014 16.978.500.000 15.99%
2016 19.549.100.000 13.15%
2017 24.255.000.000 19.4%
2018 12.528.500.000 -93.6%
2019 22.726.100.000 44.87%
2020 5.681.525.000 -300%
2021 -5.780.300.000 198.29%
2022 27.554.700.000 120.98%

Capex, short for capital expenditures, refers to the money a company spends on acquiring or upgrading tangible assets like buildings, equipment, or technology, which is important for stock investors as it indicates how much a company is investing in its infrastructure to support future growth and profitability.

MRF Limited Capital Expenditure
Year Capital Expenditure Growth
2005 2.561.900.000
2006 1.783.200.000 -43.67%
2007 3.370.600.000 47.1%
2008 5.839.300.000 42.28%
2009 1.623.600.000 -259.65%
2010 8.697.300.000 81.33%
2011 11.260.400.000 22.76%
2012 6.208.000.000 -81.39%
2013 3.756.200.000 -65.27%
2014 12.461.700.000 69.86%
2016 13.685.400.000 8.94%
2017 15.667.500.000 12.65%
2018 19.637.600.000 20.22%
2019 27.523.600.000 28.65%
2020 6.880.900.000 -300%
2021 17.070.100.000 59.69%
2022 32.912.400.000 48.13%

Balance Sheet

Balance sheets provide a snapshot of a company's financial health and its assets (such as cash, inventory, and property) and liabilities (like debts and obligations) at a specific point in time. For stock investors, balance sheets help assess the company's overall worth and evaluate its ability to meet financial obligations and support future growth.

Equity refers to the ownership interest or stake that shareholders have in a company, representing their claim on its assets and earnings after all debts and liabilities are paid.

MRF Limited Equity
Year Equity Growth
2005 7.546.000.000
2006 8.242.700.000 8.45%
2007 9.835.400.000 16.19%
2008 11.170.000.000 11.95%
2009 13.557.000.000 17.61%
2010 16.884.300.000 19.71%
2011 22.941.400.000 26.4%
2012 28.610.800.000 19.82%
2013 36.554.400.000 21.73%
2014 45.395.500.000 19.48%
2016 86.407.600.000 47.46%
2017 97.381.900.000 11.27%
2018 108.374.700.000 10.14%
2019 122.148.400.000 11.28%
2020 134.138.100.000 8.94%
2021 140.319.000.000 4.4%
2022 147.078.200.000 4.6%
2023 158.312.400.000 7.1%

Assets represent the valuable resources that a company owns, such as cash, inventory, property, and equipment, and understanding a company's assets helps investors assess its value and potential for generating future profits.

MRF Limited Assets
Year Assets Growth
2005 18.788.600.000
2006 20.751.000.000 9.46%
2007 25.251.100.000 17.82%
2008 33.721.900.000 25.12%
2009 27.627.200.000 -22.06%
2010 40.146.300.000 31.18%
2011 63.249.900.000 36.53%
2012 72.277.800.000 12.49%
2013 82.789.900.000 12.7%
2014 98.339.900.000 15.81%
2016 150.829.700.000 34.8%
2017 164.784.800.000 8.47%
2018 184.412.600.000 10.64%
2019 194.423.400.000 5.15%
2020 225.818.600.000 13.9%
2021 230.597.400.000 2.07%
2022 243.694.100.000 5.37%
2023 258.090.400.000 5.58%

Liabilities refer to the financial obligations or debts that a company owes to creditors or external parties, and understanding a company's liabilities is important for investors as it helps assess the company's financial risk and ability to meet its obligations.

MRF Limited Liabilities
Year Liabilities Growth
2005 11.242.100.000
2006 12.507.800.000 10.12%
2007 15.415.200.000 18.86%
2008 22.551.400.000 31.64%
2009 14.069.600.000 -60.28%
2010 23.261.300.000 39.51%
2011 40.307.700.000 42.29%
2012 43.666.100.000 7.69%
2013 46.234.500.000 5.56%
2014 52.943.300.000 12.67%
2016 64.420.900.000 17.82%
2017 67.401.700.000 4.42%
2018 76.037.900.000 11.36%
2019 72.275.000.000 -5.21%
2020 91.680.500.000 21.17%
2021 90.278.400.000 -1.55%
2022 96.615.900.000 6.56%
2023 99.778.000.000 3.17%

MRF Limited Financial Ratio (TTM)

Valuation Metrics

Revenue per Share
56910.31
Net Income per Share
3986.92
Price to Earning Ratio
33.7x
Price To Sales Ratio
2.36x
POCF Ratio
0
PFCF Ratio
0
Price to Book Ratio
3.6
EV to Sales
2.48
EV Over EBITDA
15
EV to Operating CashFlow
0
EV to FreeCashFlow
0
Earnings Yield
0.03
FreeCashFlow Yield
0
Market Cap
569,80 Bil.
Enterprise Value
598,36 Bil.
Graham Number
57866.09
Graham NetNet
-7822.95

Income Statement Metrics

Net Income per Share
3986.92
Income Quality
0
ROE
0.11
Return On Assets
0
Return On Capital Employed
0
Net Income per EBT
0.73
EBT Per Ebit
0.89
Ebit per Revenue
0.13
Effective Tax Rate
0.27

Margins

Sales, General, & Administrative to Revenue
0
Research & Developement to Revenue
0
Stock Based Compensation to Revenue
0
Gross Profit Margin
0.4
Operating Profit Margin
0.13
Pretax Profit Margin
0.11
Net Profit Margin
0.08

Dividends

Dividend Yield
0
Dividend Yield %
0.13
Payout Ratio
0
Dividend Per Share
175

Operating Metrics

Operating Cashflow per Share
0
Free CashFlow per Share
0
Capex to Operating CashFlow
0
Capex to Revenue
0
Capex to Depreciation
0
Return on Invested Capital
0.1
Return on Tangible Assets
0.07
Days Sales Outstanding
43.02
Days Payables Outstanding
58.89
Days of Inventory on Hand
98.3
Receivables Turnover
8.48
Payables Turnover
6.2
Inventory Turnover
3.71
Capex per Share
0

Balance Sheet

Cash per Share
5.895,35
Book Value per Share
37.327,42
Tangible Book Value per Share
37266.23
Shareholders Equity per Share
37327.42
Interest Debt per Share
8213.48
Debt to Equity
0.2
Debt to Assets
0.12
Net Debt to EBITDA
0.72
Current Ratio
1.27
Tangible Asset Value
158,05 Bil.
Net Current Asset Value
-1,89 Bil.
Invested Capital
0.2
Working Capital
20,86 Bil.
Intangibles to Total Assets
0
Average Receivables
26,76 Bil.
Average Payables
24,32 Bil.
Average Inventory
40964900000
Debt to Market Cap
0.06

Dividends

Dividends in stock investing are like rewards that companies give to their shareholders. They are a portion of the company's profits distributed to investors, typically in the form of cash payments, as a way for them to share in the company's success.

MRF Limited Dividends
Year Dividends Growth
2002 6
2003 17 64.71%
2004 20 15%
2005 20 0%
2006 20 0%
2007 20 0%
2008 20 0%
2009 20 0%
2010 25 20%
2011 31 19.35%
2012 25 -24%
2013 25 0%
2014 30 16.67%
2015 50 40%
2016 97 48.45%
2017 60 -61.67%
2018 60 0%
2019 60 0%
2020 100 40%
2021 56 -78.57%
2022 150 62.67%
2023 172 12.79%

MRF Limited Profile

About MRF Limited

MRF Limited, together with its subsidiaries, manufactures, sells, and trades in rubber products in India and internationally. The company provides rubber products, such as tires, tubes, flaps, and tread rubber; tires for trucks, farm vehicles, LCVs, SCVs, MCVs, three wheelers, pick up, two wheelers, passenger cars, and OTRs; and manufactures specialty coatings. It is also involved in the paints and coats, toys, motorsports, and cricket training businesses. In addition, the company operates MRF T&S, MRF TireTok, MRF Tyredrome, MRF FASST, MRF Musclezone, and shops that provide computerized nitrogen inflation, tubeless repair, wheel alignment, wheel balancing and tyre changing, robotic wheel alignment, vehicle safety test lane, diagnostic wheel balancing, A/C recovery and recharging, headlight alignment, nitrogen generation, special two-wheeler tyre changing, credit card facility, wheels removal and refitment, and tyre mounting and de-mounting services. MRF Limited sells its products through approximately 5,000 dealer networks. The company was founded in 1946 and is based in Chennai, India.

CEO
Mr. K. M. Vinoo Mammen
Employee
19.050
Address
No. 114, Greams Road
Chennai, 600006

MRF Limited Executives & BODs

MRF Limited Executives & BODs
# Name Age
1 Mr. Madhu P. Nainan
Executive Vice President of Finance
70
2 Mr. S. Dhanvanth Kumar A.C.S., B.Com., M.B.A.
Company Secretary & Compliance Officer
70
3 Mr. Varun Mammen
Whole-Time Director
70
4 Mr. Raman Kumar M.Sc.
Vice President of Sales
70
5 Mrs. Meera Mammen M.A
Vice President of Welfare
70
6 Mr. K. M. Vinoo Mammen
Chairman & MD
70
7 Mr. Arun Mammen B.Com., M.B.A.
MD & Vice Chairman
70
8 Mr. Rahul Mammen Mappillai
Managing Director
70
9 Mr. Samir Thariyan Mappillai
Whole-Time Director
70

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