Why MRF is going down?

“MRF lagged peers in revenue growth due to weaker performance of TBB and farm segment. The industry is taking gradual price increases to dilute impact of severe cost inflation. Ebitda margin decline was higher than its peers Ceat and Apollo Tyres,” analysts at Motilal Financial Services said.

Who is owner of MRF tyres?

K. M. Mammen Mappillai
MRF (company)

Type Public
Founder K. M. Mammen Mappillai
Headquarters Chennai, Tamil Nadu , India
Area served Worldwide
Key people K.M.Mammen (Chairman), Rahul Mammen Mappillai (MD)

Is MRF an Indian company?

MRF is India’s largest tyre manufacturer and ranked amongst the Top 20 Global Manufacturers with 9 state-of-the-art factories across India. It is also India’s largest Original Equipment Manufacturer (OEM) tyre supplier with an expansive tyre range from two-wheelers to fighter aircrafts.

Will MRF go up?

MRF Limited quote is equal to 68124.50 INR at 2022-06-18. Based on our forecasts, a long-term increase is expected, the “MRF” stock price prognosis for 2027-06-14 is 95701.40 INR. With a 5-year investment, the revenue is expected to be around +40.48%. Your current $100 investment may be up to $140.48 in 2027.

Should I invest in MRF?

MRF’s Earnings Per Share Are Growing. That means EPS growth is considered a real positive by most successful long-term investors. We can see that in the last three years MRF grew its EPS by 8.1% per year. That’s a good rate of growth, if it can be sustained.

Why is MRF successful?

This business in no time became very popular, it was the only Indian company that manufactured the tread rubber, and competitors were foreign companies. Thus, MRF was on the road to the big league and within 4 years it became the owner of 50% market share owing to its high quality.

Who is the brand ambassador of MRF Tyres?

Virat Kholi has been the brand ambassador for MRF Tyres for years now. In 2017, the cricketer renewed his contract with the company for the next eight years. Team India captain also uses the bat sponsorship by MRF Tyres for his matches.

Why MRF is high in share price?

The MRF shares prices is high because the company has never split its stock to reduce the share cost. A single MRF stock is above Rs 70,000, making it one of the expensive stocks to invest in India.

What is the future of MRF?

MRF Futures

Instrument Underlying Prev. Close
Stock Futures MRF 66,946.85
Stock Futures MRF 65,968.85
Stock Futures MRF 65,365.00

Can I buy 1 share of MRF?

MRF is the most expensive stock in the Indian equity market, which costs Rs 54,488 for one share. This is because MRF has never split its stock. Companies split their stock time to time to maintain liquidity. But MRF has never resorted to share splitting or issuing bonus shares.

Who owns most MRF share?


Shareholding Pattern – MRF Ltd.
Others 1213856 28.62%
GeneralPublic 685571 16.16%
FinancialInstitutions 244003 5.75%
ForeignPromoter 19171 0.45%

How much does MRF pay Kohli?

INR 12.5 crores per year
Kohli’s MRF deal The Indian cricket team captain signed a stunning 8-year deal with MRF in 2017 worth 100 crores for bat sponsorship. The deal fetches him a gigantic INR 12.5 crores per year.

Is MRF a good investment?

Is MRF good for long term investment?

With a market capitalisation of ₹27,922 crore, MRF (earlier known as Madras Rubber Factory) has delivered robust returns to its long term investors. It has given 600% return in 20 years and 590% over a ten-year period.

How much Kohli get from MRF?

The tyre-manufacturing company signed Kohli in 2015 for a three-year period where he reportedly received ₹8 crore per year. The deal was renewed in 2017 with MRF spending ₹100 crore for a period of eight years, courtesy of which Kohli reportedly earns ₹12.5 crore per annum just to don MRF’s sticker on his bat.

Is MRF a debt free company?

Company is virtually debt free. The company has an efficient Cash Conversion Cycle of 54.34 days. The company has a good cash flow management; CFO/PAT stands at 1.98.