MRF Limited

NSEI:MRF Stock Report

Market Cap: ₹643.3b

MRF Balance Sheet Health

Financial Health criteria checks 6/6

MRF has a total shareholder equity of ₹194.4B and total debt of ₹28.0B, which brings its debt-to-equity ratio to 14.4%. Its total assets and total liabilities are ₹303.2B and ₹108.8B respectively. MRF's EBIT is ₹24.7B making its interest coverage ratio 9.4. It has cash and short-term investments of ₹46.6B.

Key information

14.38%

Debt to equity ratio

₹27.96b

Debt

Interest coverage ratio9.4x
Cash₹46.59b
Equity₹194.41b
Total liabilities₹108.79b
Total assets₹303.20b

Recent financial health updates

MRF (NSE:MRF) Has A Pretty Healthy Balance Sheet

Dec 09
MRF (NSE:MRF) Has A Pretty Healthy Balance Sheet

We Think MRF (NSE:MRF) Can Stay On Top Of Its Debt

Jun 15
We Think MRF (NSE:MRF) Can Stay On Top Of Its Debt

Is MRF (NSE:MRF) A Risky Investment?

Jan 20
Is MRF (NSE:MRF) A Risky Investment?

Recent updates

MRF (NSE:MRF) Has A Pretty Healthy Balance Sheet

Dec 09
MRF (NSE:MRF) Has A Pretty Healthy Balance Sheet

Analysts Have Made A Financial Statement On MRF Limited's (NSE:MRF) Second-Quarter Report

Nov 19
Analysts Have Made A Financial Statement On MRF Limited's (NSE:MRF) Second-Quarter Report

Some Confidence Is Lacking In MRF Limited's (NSE:MRF) P/E

Oct 11
Some Confidence Is Lacking In MRF Limited's (NSE:MRF) P/E

The Return Trends At MRF (NSE:MRF) Look Promising

Sep 20
The Return Trends At MRF (NSE:MRF) Look Promising

It's Unlikely That MRF Limited's (NSE:MRF) CEO Will See A Huge Pay Rise This Year

Aug 01
It's Unlikely That MRF Limited's (NSE:MRF) CEO Will See A Huge Pay Rise This Year

MRF's (NSE:MRF) Sluggish Earnings Might Be Just The Beginning Of Its Problems

Jul 22
MRF's (NSE:MRF) Sluggish Earnings Might Be Just The Beginning Of Its Problems

We Think MRF (NSE:MRF) Can Stay On Top Of Its Debt

Jun 15
We Think MRF (NSE:MRF) Can Stay On Top Of Its Debt

Returns At MRF (NSE:MRF) Appear To Be Weighed Down

May 28
Returns At MRF (NSE:MRF) Appear To Be Weighed Down

MRF Limited's (NSE:MRF) Shares Climb 27% But Its Business Is Yet to Catch Up

May 08
MRF Limited's (NSE:MRF) Shares Climb 27% But Its Business Is Yet to Catch Up

MRF Limited's (NSE:MRF) Business Is Yet to Catch Up With Its Share Price

Mar 18
MRF Limited's (NSE:MRF) Business Is Yet to Catch Up With Its Share Price

MRF Limited Just Missed Earnings - But Analysts Have Updated Their Models

Feb 09
MRF Limited Just Missed Earnings - But Analysts Have Updated Their Models

Here's What To Make Of MRF's (NSE:MRF) Decelerating Rates Of Return

Feb 04
Here's What To Make Of MRF's (NSE:MRF) Decelerating Rates Of Return

Is MRF (NSE:MRF) A Risky Investment?

Jan 20
Is MRF (NSE:MRF) A Risky Investment?

Financial Position Analysis

Short Term Liabilities: MRF's short term assets (₹141.8B) exceed its short term liabilities (₹89.7B).

Long Term Liabilities: MRF's short term assets (₹141.8B) exceed its long term liabilities (₹19.1B).

Debt to Equity History and Analysis

Debt Level: MRF has more cash than its total debt.

Reducing Debt: MRF's debt to equity ratio has reduced from 15.5% to 14.4% over the past 5 years.

Debt Coverage: MRF's debt is well covered by operating cash flow (95.6%).

Interest Coverage: MRF's interest payments on its debt are well covered by EBIT (9.4x coverage).

Balance Sheet

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/12/10 07:39
End of Day Share Price 2025/12/10 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

MRF Limited is covered by 26 analysts. 8 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
null nullAnand Rathi Shares and Stock Brokers Limited
Mumuksh MandleshaAnand Rathi Shares and Stock Brokers Limited
null nullAsian Markets Securities Private Limited