Stock Report

MRF Ltd announces FY2026 results



Posted On : 2026-05-09 21:42:14( TIMEZONE : IST )

MRF Ltd announces FY2026 results

Financial Performance

MRF's consolidated total income is Rs 31,654 Crores for the year ended 31st March 2026, as compared to Rs. 28,570 Crores in the previous year recording a growth of around 11% over previous year. The consolidated Profit before tax stood at Rs 3222 Crores for the year ended 31st March 2026, as against Rs. 2483 Crores for the previous financial year. Tax expense for the year is Rs 796 Crores (previous year Rs. 610 Crores). After making provision for tax expense, the consolidated Net Profit for the year ended 31st March 2026 increased by 30% to Rs 2426 Crores as against Rs 1873 Crores for the previous financial year.

Operations

The Company delivered a healthy operating performance in FY 2025-26 and crossed the milestone of Rs 30,000 Crores in Sales during the year, with good growth in both Replacement and OE segments.

The Company's performance was aided by the launch of new SKUs in various categories like Truck, Passenger, Two-Wheelers etc. Besides being one of the largest OE suppliers of Tyres to ICE vehicles, the Company has become the most preferred supplier of Tyres to Electric Vehicles. MRF tyres are increasingly being fitted on vehicles exported by OEMs to many countries across the globe.

Demand buoyancy arising from reduction in GST rates continued into the 4th Quarter of the year, which is reflected in both Replacement & OE Sales. OEMs also witnessed a high Demand in the Quarter which led to an increased demand for tyres.

In order to cater to future demand for tyres across segments in the Replacement market, OEMs and Export, we are also expanding capacity across Plants.

The ongoing conflict in the Middle East and resulting disruptions have led to uncontrolled increase in raw material costs and supply chain issues. This has severely impacted the cost of input materials which is expected to continue. The 'Company has taken price increases and cost management measures to mitigate the impact of higher raw material costs and will take further hikes. Further, the forecast of a sub normal monsoon may adversely impact demand. In view of the unpredictable economic conditions and cost pressures on margins, it is difficult to anticipate the expected impact on growth and the Company is in the process of evaluating the same.

Dividend

The dividend for the financial year 2025-26 is Rs 235/- (2350%) per share of Rs.10 each which includes two interim dividends of Rs.3/- each (30%) per share already paid.

Shares of MRF Limited was last trading in BSE at Rs. 130559.05 as compared to the previous close of Rs. 129980.20. The total number of shares traded during the day was 739 in over 551 trades.

The stock hit an intraday high of Rs. 132000.00 and intraday low of 129965.00. The net turnover during the day was Rs. 96558580.00.

Source : Equity Bulls

Keywords

MRF INE883A01011 Q4FY26 Q4FY2026 FY26 FY2026 ResultUpdate