MRF Limited

NSEI:MRF Stock Report

Market Cap: ₹583.7b

MRF Management

Management criteria checks 3/4

We currently do not have sufficient information about the CEO.

Key information

K. M. Mammen

Chief executive officer

₹314.0m

Total compensation

CEO salary percentage59.51%
CEO tenure44.3yrs
CEO ownership0.6%
Management average tenure8.1yrs
Board average tenure7.8yrs

Recent management updates

Recent updates

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?

Benign Growth For MRF Limited (NSE:MRF) Underpins Its Share Price

Dec 04
Benign Growth For MRF Limited (NSE:MRF) Underpins Its Share Price

MRF (NSE:MRF) Will Pay A Dividend Of ₹3.00

Nov 13
MRF (NSE:MRF) Will Pay A Dividend Of ₹3.00

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

Nov 12
Analysts Have Made A Financial Statement On MRF Limited's (NSE:MRF) Second-Quarter Report

Return Trends At MRF (NSE:MRF) Aren't Appealing

Oct 26
Return Trends At MRF (NSE:MRF) Aren't Appealing

We Ran A Stock Scan For Earnings Growth And MRF (NSE:MRF) Passed With Ease

Oct 11
We Ran A Stock Scan For Earnings Growth And MRF (NSE:MRF) Passed With Ease

Does MRF (NSE:MRF) Have A Healthy Balance Sheet?

Sep 26
Does MRF (NSE:MRF) Have A Healthy Balance Sheet?

Why Investors Shouldn't Be Surprised By MRF Limited's (NSE:MRF) Low P/E

Aug 26
Why Investors Shouldn't Be Surprised By MRF Limited's (NSE:MRF) Low P/E

Revenue Beat: MRF Limited Exceeded Revenue Forecasts By 7.8% And Analysts Are Updating Their Estimates

Aug 11
Revenue Beat: MRF Limited Exceeded Revenue Forecasts By 7.8% And Analysts Are Updating Their Estimates

MRF (NSE:MRF) Will Pay A Larger Dividend Than Last Year At ₹194.00

Jul 14
MRF (NSE:MRF) Will Pay A Larger Dividend Than Last Year At ₹194.00

MRF (NSE:MRF) Is Increasing Its Dividend To ₹194.00

Jun 30
MRF (NSE:MRF) Is Increasing Its Dividend To ₹194.00

CEO Compensation Analysis

How has K. M. Mammen's remuneration changed compared to MRF's earnings?
DateTotal CompensationSalaryCompany Earnings
Mar 31 2025n/an/a

₹19b

Dec 31 2024n/an/a

₹18b

Sep 30 2024n/an/a

₹19b

Jun 30 2024n/an/a

₹21b

Mar 31 2024₹314m₹187m

₹21b

Dec 31 2023n/an/a

₹20b

Sep 30 2023n/an/a

₹17b

Jun 30 2023n/an/a

₹12b

Mar 31 2023₹298m₹183m

₹8b

Dec 31 2022n/an/a

₹6b

Sep 30 2022n/an/a

₹6b

Jun 30 2022n/an/a

₹6b

Mar 31 2022₹260m₹173m

₹7b

Dec 31 2021n/an/a

₹8b

Sep 30 2021n/an/a

₹12b

Jun 30 2021n/an/a

₹14b

Mar 31 2021₹288m₹172m

₹13b

Dec 31 2020n/an/a

₹16b

Sep 30 2020n/an/a

₹13b

Jun 30 2020n/an/a

₹12b

Mar 31 2020₹285m₹169m

₹14b

Dec 31 2019n/an/a

₹10b

Sep 30 2019n/an/a

₹11b

Jun 30 2019n/an/a

₹11b

Mar 31 2019₹275m₹162m

₹11b

Compensation vs Market: K. M.'s total compensation ($USD3.65M) is above average for companies of similar size in the Indian market ($USD754.92K).

Compensation vs Earnings: K. M.'s compensation has been consistent with company performance over the past year.

CEO

K. M. Mammen (76 yo)

44.3yrs
Tenure
₹313,954,796
Compensation

Mr. K. M. Vinoo Mammen, B.A., has been the Chairman and a Managing Director of MRF Ltd. since 2003 and 1986 respectively. Mr. Mammen served as a the Vice Chairman of MRF Ltd.since 1986. Mr. Mammen has bee...

Leadership Team

NamePositionTenureCompensationOwnership
K. M. Mammen
Chairman & MDno data₹313.95m0.63%
₹ 3.7b
Arun Mammen
MD & Vice Chairman8.1yrs₹259.85m1.28%
₹ 7.5b
Rahul Mappillai
Managing Director8.1yrs₹228.59m0.11%
₹ 624.5m
Samir Mappillai
Whole-Time Directorno data₹93.05m0.11%
₹ 615.2m
Varun Mammen
Whole-Time Directorno data₹93.16m0.21%
₹ 1.2b
Madhu Nainan
Executive Vice President of Finance11.2yrs₹18.16mno data
S. Kumar
Company Secretary & Compliance Officer8.6yrs₹14.79mno data
Raman Kumar
Vice President of Salesno data₹2.49mno data
Rajat Nangia
Head of the Marketing Department & International Businessless than a yearno datano data
C.M. Cherian
Executive Vice President of R & Dno datano datano data
Abu Kandathil
Head of Materials Functionless than a yearno datano data
Meera Mammen
Vice President of Welfareno data₹2.52m0.37%
₹ 2.2b
8.1yrs
Average Tenure
58yo
Average Age

Experienced Management: MRF's management team is seasoned and experienced (8.1 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
K. M. Mammen
Chairman & MD44.3yrs₹313.95m0.63%
₹ 3.7b
Arun Mammen
MD & Vice Chairman8.1yrs₹259.85m1.28%
₹ 7.5b
Rahul Mappillai
Managing Director14.6yrs₹228.59m0.11%
₹ 624.5m
Samir Mappillai
Whole-Time Director7.8yrs₹93.05m0.11%
₹ 615.2m
Varun Mammen
Whole-Time Director7.8yrs₹93.16m0.21%
₹ 1.2b
Dinshaw Parakh
Independent Director2.3yrs₹100.00kno data
Prasad Oommen
Independent Director2.3yrs₹50.00kno data
Vikram Hosangady
Independent Director2.3yrs₹100.00kno data
Cibi Mammen
Woman Director10.3yrs₹100.00k0.012%
₹ 68.8m
Ambika Mammen
Non-Executive Director10.2yrs₹100.00k0.059%
₹ 342.6m
Vimla Abraham
Woman Independent Director6.3yrs₹100.00kno data
Ramesh Rangarajan
Independent Director2.3yrs₹100.00kno data
7.8yrs
Average Tenure
54yo
Average Age

Experienced Board: MRF's board of directors are considered experienced (7.8 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/06/15 04:45
End of Day Share Price 2025/06/13 00:00
Earnings2025/03/31
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 21 analysts. 6 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
Shareen BatatawalaAngel Broking Private Limited
null nullAsian Markets Securities Private Limited