MRF Ltd.

NSE: MRF BSE: 500290 SECTOR: Tyres & Allied  302k   1k   81

96444.45
-353.00 (-0.36%)
NSE: Today, 01:34 PM

Price Summary

Today's High

₹ 97249.5

Today's Low

₹ 96227.65

52 Week High

₹ 99933.5

52 Week Low

₹ 65878.35

FinStar

Ownership Below Par
Stock price may face volatility due to ownership structure.
ValuationExpensive
The stock is at a premium valuation at this point.
EfficiencyPoor
The company seems highly inefficient in case of asset management.
FinancialsWeak
Watch out! The company might not be able to sustain any adverse condition.
*It is just an analytical rating of the company and not an investment advice.

Company Essentials

Market Cap

40903.47 Cr.

Enterprise Value

42783.83 Cr.

No. of Shares

0.42 Cr.

P/E

50.11

P/B

2.82

Face Value

₹ 10

Div. Yield

0.18 %

Book Value (TTM)

₹  34209.81

CASH

114.85 Cr.

DEBT

1995.21 Cr.

Promoter Holding

27.84 %

EPS (TTM)

₹  1924.55

Sales Growth

19.27%

ROE

4.8 %

ROCE

7.54%

Profit Growth

-48.17 %

* Total debt includes long term borrowing, short term borrowing plus current maturities of long-term borrowing
* Ratios are based on latest Audited Financial Result.

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Brands

These are the brands of MRF Ltd.

Funskool

Index Presence

The company is present in 32 Indices.

Price Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

 

Volume Chart 1d 1w 1m 3m 6m 1Yr 3Yr 5Yr

* Prices are based on daily market changes.
* The chart is based on the standalone earnings of the company. * Negative values and values more than 1000x in PE chart is considered 0.

Peer Comparison

View Full Peer Comparison
* The Peers list includes companies operating in the same industry and having comparable market cap.

 Group Companies

Track the companies of Group.

Ratios

Sales Growth

1 Year19.27%
3 Year6.24%
5 Year7.46%

Profit Growth

1 Year-48.17%
3 Year-16.12%
5 Year-14.91%

ROE%

1 Year4.8%
3 Year9.01%
5 Year9.98%

ROCE %

1 Year7.54%
3 Year11.59%
5 Year13.46%

Debt/Equity

0.1448

Price to Cash Flow

-62.22

Interest Cover Ratio

4.45350984012256

CFO/PAT (5 Yr. Avg.)

1.82772469086019

Share Holding Pattern

Promoter Pledging %

Date Promoter % Pledge %
Mar 2023 27.84 0.09
Dec 2022 27.87 0
Sep 2022 27.87 0
Jun 2022 27.94 0
Mar 2022 27.95 0
Investors List
* Figures given above are % of equity capital

 Strengths

  • The company has an efficient Cash Conversion Cycle of 60.2423728180908 days.

 Limitations

  • The company has shown a poor profit growth of -16.119869974292% for the Past 3 years.
  • The company has shown a poor revenue growth of 6.23809646919673% for the Past 3 years.
  • Company has negative cash flow from operations of -657.37.
  • The company is trading at a high PE of 50.11.

Quarterly Result (All Figures in Cr.)

PARTICULARS Mar 2022 Jun 2022 Sep 2022 Dec 2022 Mar 2023
Net Sales 5200.29 5598.92 5719 5534.92 5725.39
Total Expenditure 4672.76 5120.65 5251.64 4986.32 4882.3
Operating Profit 527.53 478.27 467.36 548.6 843.09
Other Income 64.91 34.08 76.35 69.98 67.8
Interest 65.63 63.54 70.41 80.17 83.94
Depreciation 310.25 296.92 308.31 314.91 328.46
Exceptional Items 0 0 0 0 80.33
Profit Before Tax 216.56 151.89 164.99 223.5 578.82
Tax 59.78 39.53 41 54.28 168.16
Profit After Tax 156.78 112.36 123.99 169.22 410.66
Adjusted EPS (Rs) 369.76 265 292.43 399.1 968.54

Profit & Loss (All Figures in Cr. Adjusted EPS in Rs.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Net Sales 14775.9 15837 15991.14 15921.35 18989.51
Total Expenditure 12547.58 13586.56 13660.73 13020.68 16969.29
Operating Profit 2228.32 2250.44 2330.41 2900.67 2020.22
Other Income 328.5 417.47 330.5 207.23 314.92
Interest 249.57 252.75 280.97 270.71 254.57
Depreciation 705.34 806.27 980.62 1136.92 1201.41
Exceptional Items 0 0 0 0 0
Profit Before Tax 1601.91 1608.89 1399.32 1700.27 879.16
Tax 509.63 512.02 4.34 451.21 231.82
Net Profit 1092.28 1096.87 1394.98 1249.06 647.34
Adjusted EPS (Rs.) 2576.13 2586.96 3290.05 2945.9 1526.75

Balance Sheet (All Figures are in Crores.)

Particulars Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Equity and Liabilities
Share Capital 4.24 4.24 4.24 4.24 4.24
Total Reserves 9599.96 10649.06 12000.11 13174.62 13773.03
Borrowings 1319.33 1054.73 779.03 811.76 817.21
Other N/C liabilities 829.83 1083.29 1195.11 1086.6 1252.21
Current liabilities 4548.44 5436.36 5175.62 7182.36 6846.71
Total Liabilities 16301.8 18227.68 19154.11 22259.58 22693.4
Assets
Net Block 6075.31 6767.52 8849.18 9391.14 9466.27
Capital WIP 1078.84 1403.19 1734.56 1001.03 1225.81
Intangible WIP 0 0 0 0 0
Investments 1092.42 1078 26.53 1150.34 1155.53
Loans & Advances 356.55 657.42 585.76 569.58 848.83
Other N/C Assets 2.09 1.05 0.27 0.05 52.75
Current Assets 7696.59 8320.5 7957.81 10147.44 9944.21
Total Assets 16301.8 18227.68 19154.11 22259.58 22693.4
* Other Non-current Liabilities include Net deferred Liabilities

Cash Flows (All Figures are in Crores.)

PARTICULARS Mar 2018 Mar 2019 Mar 2020 Mar 2021 Mar 2022
Profit from operations 1601.91 1608.89 1399.32 1700.27 879.16
Adjustment 717.14 789.17 1037.5 1274.86 1229.75
Changes in Assets & Liabilities 675.33 -613.14 75.42 2221.86 -2559.16
Tax Paid -465.41 -404.7 -434.43 -509.72 -207.12
Operating Cash Flow 2528.97 1380.22 2077.81 4687.27 -657.37
Investing Cash Flow -1969.64 -1309.83 -167.08 -5063.42 176.82
Financing Cash Flow -638.89 -111.66 -864.02 -625.28 490.86
Net Cash Flow -79.56 -41.27 1046.71 -1001.43 10.31

Corporate Actions

Investors Details

PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Promoters 27.95 27.94 27.87 27.87 27.84
comprehensive inve... 10.38 10.38 10.37 10.37 10.37
peninsular investm... 2.93 2.93 2.92 2.92 2.92
k m mammen [singly... - 1.25 - - -
k m mammen & kmmf ... - - 1.25 1.25 1.25
k m mammen [singl... 1.25 - - - -
jacob mammen 0.83 0.83 0.83 0.83 0.83
meera philip 0.79 0.79 0.79 0.79 0.79
braga industries l... 0.44 0.46 0.29 0.26 0.28
arun mammen 0.65 0.65 0.65 0.65 0.65
jacob mathew 0.49 0.49 0.49 0.49 0.49
beebi mammen 0.48 0.48 0.48 0.48 0.48
annamma mammen 0.27 0.27 0.41 0.41 0.41
rachel kattukaran 0.06 0.06 0.06 0.06 0.06
thankamma jacob 0.38 0.38 0.38 0.38 0.38
meera mammen 0.37 0.37 0.37 0.37 0.37
annu kurien 0.30 0.30 0.30 0.30 0.30
sarasu jacob 0.34 0.34 0.20 0.20 0.20
mary kurien 0.26 0.26 0.26 0.26 0.26
jcee manufacturing... 0.20 0.20 0.17 0.15 0.16
peter philip 0.06 0.06 0.06 0.06 0.06
sarah thomas 0.30 0.30 0.30 0.30 0.30
roy mammen 0.27 0.27 0.27 0.27 0.27
annamma philip 0.30 0.30 0.30 0.30 0.30
philip mathew 0.28 0.28 0.28 0.28 0.28
prema mammen mathew 0.26 0.26 0.26 0.26 0.26
mammen mathew 0.26 0.26 0.26 0.26 0.26
mammen philip 0.25 0.23 0.25 0.25 0.25
susan kurian 0.23 0.22 0.24 0.24 0.24
aswathy varghese 0.22 0.22 0.22 0.22 0.22
varun mammen 0.21 0.21 0.21 0.21 0.21
k c mammen 0.21 0.21 0.21 0.21 0.21
mamy philip 0.17 0.17 0.17 0.17 0.17
k k mammen mappill... - - - - -
badra estates and ... 0.17 0.17 0.17 0.17 0.17
mammen mappillai 0.17 0.17 0.17 0.17 0.17
m a mathew 0.16 0.16 0.16 0.16 0.16
roshin varghese 0.16 0.16 0.16 0.16 0.16
meera ninan 0.12 0.12 0.10 0.10 0.10
thangam mammen 0.14 0.14 0.14 0.14 0.14
the malayala manor... 0.14 0.14 0.14 0.14 0.14
geetha zachariah 0.11 0.11 0.09 0.09 0.09
shirin mammen 0.13 0.13 0.14 0.14 0.14
kiran kattukaran - - - - -
ela kattukaran - - - - -
latha matthew 0.13 0.13 0.13 0.13 0.13
susy thomas 0.12 0.12 0.12 0.12 0.12
shreya joseph 0.12 0.12 0.12 0.12 0.12
sarah cherian trust 0.12 0.12 0.12 0.12 0.12
shanta mammen 0.08 0.08 0.08 0.08 0.08
kavita philip - - - - -
karun philip - 0.02 - - -
samir thariyan map... 0.11 0.11 0.11 0.11 0.11
rahul mammen mappi... 0.11 0.11 0.11 0.11 0.11
riyad mathew 0.11 0.11 0.11 0.11 0.11
aditi mammen gupta 0.11 0.11 0.11 0.11 0.11
amit mathew 0.11 0.11 0.11 0.11 0.11
omana mammen 0.11 0.11 0.11 0.11 0.11
mammen eapen 0.10 0.10 0.10 0.10 0.10
shilpa mammen 0.10 0.10 0.10 0.10 0.10
sara lukose 0.06 0.06 0.10 0.10 0.10
stable investments... 0.10 0.10 0.10 0.10 0.10
elizabeth jacob ma... 0.09 0.09 0.09 0.09 0.09
zachariah kuriyan 0.08 0.08 0.08 0.08 0.08
tara joseph 0.07 0.07 0.07 0.07 0.07
ammu mathew 0.06 0.06 0.06 0.06 0.06
ambika mammen 0.06 0.06 0.06 0.06 0.06
ramani joseph 0.06 0.06 0.06 0.06 0.06
peter k philips 0.06 0.06 0.06 0.06 0.06
accamma kuruvilla 0.06 0.06 0.06 0.06 0.06
soma philips 0.05 0.05 0.05 0.05 0.05
kavya verghese - - - - -
jayant mammen math... 0.05 0.05 0.05 0.05 0.05
kiran joseph 0.05 0.05 0.05 0.05 0.05
adarsh mammen verg... - - - - -
arjun joseph 0.05 0.05 0.05 0.05 0.05
george mammen 0.05 0.05 0.05 0.05 0.05
harsha mathew 0.03 0.03 0.03 0.03 0.03
malini mathew 0.04 0.04 0.04 0.04 0.04
adith poulose mamm... 0.04 0.04 0.04 0.04 0.04
sara kuriyan 0.04 0.04 0.04 0.04 0.04
ashok kuriyan 0.04 0.04 0.04 0.04 0.04
rohan mathew mammen 0.04 0.04 0.04 0.04 0.04
bina mathew 0.04 0.04 0.04 0.04 0.04
mammen mappillai i... 0.03 0.03 0.03 0.03 0.03
anna thomas chacko 0.03 0.03 0.03 0.03 0.03
anita mani 0.03 0.03 0.03 0.03 0.03
usha eapen george 0.03 0.03 0.03 0.03 0.03
k z kuriyan 0.02 0.02 0.02 0.02 0.02
joseph kanianthra ... 0.02 0.02 0.02 0.02 0.02
devon machines pvt... 0.02 0.02 0.02 0.02 0.02
k s joseph 0.02 0.02 0.02 0.02 0.02
chalakuzhy poulose... 0.01 0.01 0.02 0.02 0.02
hannah kurian 0.01 0.01 0.01 0.01 0.01
geetha mammen mapp... - - - - -
cibi mammen 0.01 0.01 0.01 0.01 0.01
kiran kuriyan 0.01 0.01 0.01 0.01 0.01
m.m.publications l... 0.01 0.01 0.01 0.01 0.01
radhika maria mam... 0.01 0.01 - - -
reenu zachariah 0.01 0.01 0.01 0.01 0.01
anna philip 0.01 0.01 0.01 0.01 0.01
anna raphael 0.01 0.01 0.01 0.01 0.01
geetha mammen 0.01 0.01 0.01 0.01 0.01
rebecca joseph - - - 0.01 0.01
PARTICULARS Mar 2022% Jun 2022% Sep 2022% Dec 2022% Mar 2023%
Investors 72.05 72.06 72.13 72.13 72.16
mowi [p] ltd - - - 11.98 11.98
mowi foundation 11.98 11.98 11.98 - -
qualified institut... - - - - -
sbi mutual fund th... - 1.86 - - -
nalanda india equi... - - - - -
enam securities pv... 4.08 4.08 4.24 4.24 4.24
evertrue charitabl... 2.99 2.99 2.99 - -
mswf [p] ltd - - - 2.99 2.99
aditya birla sun l... - 2.04 - - -
the new india assu... - - - - -
the new india assu... 2.12 2.16 2.12 2.14 2.14
aditya birla sun l... 2.04 - - - 1.80
sbi equity hybrid ... 1.86 - - - -
aditya birla sun l... - - 1.86 - -
kotak mahindra mut... - 1.44 - - -
hdfc life insuranc... - - - - -
hdfc trustee compa... - - - 1.50 -
kotak standard mul... 1.44 - - - -
aditya birla sun l... - - - 1.39 -
hdfc trustee compa... - - 1.27 - 1.33
hdfc trustee compa... - - - - -
idfc multi cap fun... 1.08 - - - -
tata mutual fund t... - - - - -
iepf - 1.12 - - -
idfc core equity f... - - 1.07 - -
unit trust of indi... 1.02 - 1.15 - -
kotak mahindra mut... - - - 1.14 -
idfc mutual fund t... - 1.08 - - -
uti mutual fund th... - 1.00 - - -
unit trust of india - - - 1.05 -
unit trust of indi... - - - - 1.03

Annual Reports

Ratings & Research Reports

Company Presentations

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Company News

MRF informs about secretarial compliance report26 May 2023, 12:32PM MRF enters into agreement with First Energy 4 to purchase solar power17 May 2023, 10:23AM MRF informs about loss of share certificate5 May 2023, 12:18PM MRF reports 2- fold jump in Q4 consolidated net profit3 May 2023, 4:12PM MRF - Quaterly Results3 May 2023, 12:51PM MRF - Quaterly Results3 May 2023, 12:51PM MRF - Quaterly Results3 May 2023, 12:51PM MRF informs about loss of share certificate27 Apr 2023, 2:29PM MRF informs about trading window closure27 Mar 2023, 3:01PM MRF informs about loss of share certificates10 Mar 2023, 4:49PM MRF raises Rs 150 crore through NCDs27 Feb 2023, 2:22PM MRF informs about disclosure25 Feb 2023, 3:11PM MRF reports 17% rise in Q3 consolidated net profit10 Feb 2023, 12:37PM MRF - Quaterly Results9 Feb 2023, 12:42PM MRF - Quaterly Results9 Feb 2023, 12:42PM MRF - Quaterly Results9 Feb 2023, 12:42PM Mrf informs about board meeting27 Jan 2023, 5:24PM MRF informs about loss of share certificate 14 Dec 2022, 12:52PM MRF enters into power purchase agreements with two companies2 Dec 2022, 11:51AM MRF informs about loss of share certificate22 Nov 2022, 5:29PM MRF reports 31% fall in Q2 consolidated net profit8 Nov 2022, 4:08PM MRF - Quaterly Results8 Nov 2022, 12:25PM MRF - Quaterly Results8 Nov 2022, 12:25PM MRF - Quaterly Results8 Nov 2022, 12:25PM MRF informs about loss of share certificates20 Oct 2022, 9:37AM MRF informs about loss of share certificates29 Aug 2022, 4:27PM MRF reports 25% fall in Q1 consolidated net profit10 Aug 2022, 12:12PM MRF gets nod to raise Rs 100 crore via NCDs10 Aug 2022, 11:17AM MRF - Quaterly Results9 Aug 2022, 12:09PM MRF - Quaterly Results9 Aug 2022, 12:09PM MRF - Quaterly Results9 Aug 2022, 12:09PM MRF to raise funds through NCDs28 Jul 2022, 2:46PM MRF informs about newspaper publication8 Jul 2022, 2:24PM MRF informs about loss of share certificate 13 Jun 2022, 4:54PM MRF reports 50% fall in Q4 consolidated net profit10 May 2022, 2:53PM MRF informs about media release10 May 2022, 2:12PM MRF - Quaterly Results10 May 2022, 12:50PM MRF - Quaterly Results10 May 2022, 12:50PM MRF - Quaterly Results10 May 2022, 12:50PM MRF informs about compliance certificate21 Apr 2022, 4:16PM MRF informs about press release4 Apr 2022, 2:52PM MRF informs about loss of share certificates4 Mar 2022, 1:16PM MRF - Quaterly Results10 Feb 2022, 12:11PM MRF - Quaterly Results10 Feb 2022, 12:11PM MRF - Quaterly Results10 Feb 2022, 12:11PM MRF approves interim dividend 9 Nov 2021, 2:30PM MRF informs about board meeting28 Oct 2021, 10:32AM MRF reports many fold jump in Q1 consolidated net profit9 Aug 2021, 4:32PM MRF informs about newspaper advertisement21 Jul 2021, 3:43PM MRF reports 51% fall in Q4 consolidated net profit7 Jun 2021, 3:28PM

MRF Stock Price Analysis and Quick Research Report. Is MRF an attractive stock to invest in?

 

Stock investing requires careful analysis of financial data to find out the company's true net worth. This is generally done by examining the company's profit and loss account, balance sheet and cash flow statement. This can be time-consuming and cumbersome. An easier way to find out about a company's performance is to look at its financial ratios, which can help to make sense of the overwhelming amount of information that can be found in a company's financial statements.

Here are the few indispensable tools that should be a part of every investor’s research process.

  • PE ratio: - Price to Earnings' ratio, which indicates for every rupee of earnings how much an investor is willing to pay for a share. A general rule of thumb is that shares trading at a low P/E are undervalued (it depends on other factors too). MRF has a PE ratio of 50.2960974967731 which is high and comparatively overvalued .

  • Return on Assets (ROA): - Return on Assets measures how effectively a company can earn a return on its investment in assets. In other words, ROA shows how efficiently a company can convert the money used to purchase assets into net income or profits. MRF has ROA of 2.8800760261055 % which is a bad sign for future performance. (higher values are always desirable)

  • Current ratio: - The current ratio measures a company's ability to pay its short-term liabilities with its short-term assets. A higher current ratio is desirable so that the company could be stable to unexpected bumps in business and economy. MRF has a Current ratio of 1.45240706850443 .

  • Return on equity: - ROE measures the ability of a firm to generate profits from its shareholders investments in the company. In other words, the return on equity ratio shows how much profit each rupee of common stockholders’ equity generates. MRF has a ROE of 4.80291495848996 % .(higher is better)

  • Debt to equity ratio: - It is a good metric to check out the capital structure along with its performance. MRF has a D/E ratio of 0.1448 which means that the company has low proportion of debt in its capital.

  • Inventory turnover ratio: - Inventory Turnover ratio is an activity ratio and is a tool to evaluate the liquidity of a company's inventory. It measures how many times a company has sold and replaced its inventory during a certain period of time. MRF has an Inventory turnover ratio of 5.58596956230508 which shows that the management is inefficient in relation to its Inventory and working capital management.

  • Sales growth: - MRF has reported revenue growth of 19.2707276707063 % which is fair in relation to its growth and performance.

  • Operating Margin: - This will tell you about the operational efficiency of the company. The operating margin of MRF for the current financial year is 10.6386104749412 %.

  • Dividend Yield: - It tells us how much dividend we will receive in relation to the price of the stock. The current year dividend for MRF is Rs 150 and the yield is 0.1806 %.

Brief about MRF

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