MRF Key Ratios
NSE: MRF | BSE: 500290
₹1,33,575.00
As on 27-Aug-2026 15:19IST
Market cap
₹56,609 Cr
Revenue (TTM)
₹31,889 Cr
P/E Ratio
23.4
P/B Ratio
2.6
Div. Yield
0.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 4.62 | 9.64 | 11.37 | 10.32 | 12.26 |
| EBIT | -37.09 | -15.38 | 32.24 | 20.61 | 9.49 |
| Net Profit | -28.39 | -1.29 | 36.93 | 25.90 | 11.50 |
| EPS | -29.46 | -1.29 | 34.28 | 25.08 | 11.06 |
| Book Value | -- | -- | 12.71 | 12.56 | 9.35 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 9.78 | 7.88 | 9.56 | 10.13 | 8.65 |
| Net Margin
| 7.41 | 5.82 | 7.44 | 7.66 | 6.56 |
| Return on equity
| 11.97 | 9.27 | 12.19 | 12.26 | 10.61 |
| Return on Capital
| 16.27 | 12.64 | -- | 16.04 | 14.15 |
| Return on Assets
| 7.49 | 5.76 | 7.85 | 7.87 | 6.63 |
| Debt to Equity (x)
| -- | -- | 0.01 | 0.11 | 0.16 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
--
|
16.04
|
14.15
|
17.54
|
8.22
|
|
Peer Median
|
--
|
14.30
|
17.98
|
10.73
|
--
|
ROE
12.19
Higher than Peers by 0.20
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
12.19
|
12.26
|
10.61
|
13.25
|
5.35
|
|
Peer Median
|
11.98
|
11.65
|
16.05
|
8.50
|
--
|
ROA
7.85
Higher than Peers by 2.56
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
7.85
|
7.87
|
6.63
|
8.13
|
3.24
|
|
Peer Median
|
5.29
|
5.10
|
6.36
|
3.24
|
--
|
EBIT Margin
9.56
Higher than Peers by 0.99
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
9.56
|
10.13
|
8.65
|
11.25
|
4.97
|
|
Peer Median
|
8.57
|
8.55
|
7.77
|
10.94
|
--
|
Net Margin
7.44
Higher than Peers by 2.63
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
7.44
|
7.66
|
6.56
|
8.17
|
3.31
|
|
Peer Median
|
4.81
|
4.73
|
5.39
|
3.31
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
--
|
13.17
|
12.29
|
13.67
|
8.61
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
11.37
Higher than Peers by 3.44
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
11.37
|
10.64
|
11.85
|
9.39
|
19.11
|
|
Peer Median
|
7.93
|
11.23
|
10.67
|
2.44
|
--
|
EBIT Growth
32.24
Higher than Peers by 24.30
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
32.24
|
29.61
|
-14.04
|
147.63
|
33.94
|
|
Peer Median
|
7.94
|
34.51
|
-30.19
|
56.74
|
--
|
Net Profit Growth
36.93
Higher than Peers by 30.27
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
36.93
|
29.51
|
-9.99
|
170.66
|
14.90
|
|
Peer Median
|
6.67
|
36.64
|
-34.90
|
64.64
|
--
|
EPS Growth
34.28
Higher than Peers by 28.48
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
34.28
|
29.51
|
-9.99
|
170.66
|
14.90
|
|
Peer Median
|
5.80
|
40.71
|
-29.97
|
75.00
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
--
|
12.71
|
11.42
|
13.57
|
4.82
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.01
Lower than Peers by 0.16
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
0.01
|
0.11
|
0.16
|
0.12
|
0.16
|
|
Peer Median
|
0.17
|
0.37
|
0.35
|
0.44
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
--
|
0.09
|
0.12
|
0.07
|
0.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.65
Higher than Peers by 0.43
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
1.65
|
1.65
|
1.51
|
1.37
|
1.23
|
|
Peer Median
|
1.21
|
1.32
|
1.27
|
1.11
|
--
|
Quick Ratio
1.04
Higher than Peers by 0.36
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
1.04
|
1.04
|
0.88
|
0.79
|
0.68
|
|
Peer Median
|
0.68
|
0.66
|
0.76
|
0.73
|
--
|
Interest Coverage
9.97
Higher than Peers by 5.59
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
9.97
|
9.61
|
7.75
|
8.72
|
4.28
|
|
Peer Median
|
4.38
|
4.13
|
5.82
|
3.59
|
--
|
Operating Efficiency
Debtors to sales
11.11
Lower than Peers by 0.68
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
11.11
|
11.37
|
11.97
|
11.57
|
10.88
|
|
Peer Median
|
11.78
|
11.11
|
11.97
|
10.74
|
--
|
Asset Turnover
1.04
Lower than Peers by 0.00
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
1.04
|
1.03
|
1.02
|
1.00
|
0.99
|
|
Peer Median
|
1.04
|
1.08
|
1.03
|
1.13
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
--
|
39.74
|
39.94
|
38.48
|
37.60
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
--
|
63.48
|
64.17
|
61.19
|
64.31
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
--
|
46.82
|
47.51
|
51.83
|
43.17
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
--
|
56.40
|
56.60
|
47.84
|
58.73
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
23.44
Lower than Peers by 1.13
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
23.44
|
22.44
|
25.49
|
27.16
|
46.34
|
|
Peer Median
|
24.57
|
24.57
|
31.63
|
25.65
|
--
|
Price / Book Value
2.64
Lower than Peers by 0.22
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
2.64
|
2.60
|
2.57
|
3.38
|
2.42
|
|
Peer Median
|
2.86
|
2.86
|
3.33
|
2.89
|
--
|
Dividend Yield
0.18
Lower than Peers by 0.80
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
0.18
|
0.18
|
0.21
|
0.15
|
0.21
|
|
Peer Median
|
0.98
|
0.98
|
0.81
|
1.13
|
--
|
EV/EBITDA
10.54
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
10.54
|
10.09
|
11.14
|
12.72
|
14.27
|
|
Peer Median
|
--
|
16.48
|
17.05
|
24.24
|
--
|
Market Cap
56,609
Higher than Peers by 42,125
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
MRF
|
56,609
|
54,448
|
47,742
|
56,517
|
35,636
|
|
Peer Median
|
14,483
|
14,483
|
14,949
|
10,355
|
--
|