MRF Limited

NSEI:MRF Stock Report

Market Cap: ₹548.0b

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 percentage59.5%
CEO tenure43.9yrs
CEO ownership0.6%
Management average tenure7.7yrs
Board average tenure7.4yrs

Recent management updates

Recent updates

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

Here's Why MRF (NSE:MRF) Can Manage Its Debt Responsibly

May 22
Here's Why MRF (NSE:MRF) Can Manage Its Debt Responsibly

Earnings Miss: MRF Limited Missed EPS By 6.5% And Analysts Are Revising Their Forecasts

May 07
Earnings Miss: MRF Limited Missed EPS By 6.5% And Analysts Are Revising Their Forecasts

MRF Limited's (NSE:MRF) Business And Shares Still Trailing The Market

May 04
MRF Limited's (NSE:MRF) Business And Shares Still Trailing The Market

Here's Why MRF (NSE:MRF) Has Caught The Eye Of Investors

Apr 16
Here's Why MRF (NSE:MRF) Has Caught The Eye Of Investors

MRF Limited (NSE:MRF) Analysts Are Pretty Bullish On The Stock After Recent Results

Feb 13
MRF Limited (NSE:MRF) Analysts Are Pretty Bullish On The Stock After Recent Results

Risks To Shareholder Returns Are Elevated At These Prices For MRF Limited (NSE:MRF)

Feb 01
Risks To Shareholder Returns Are Elevated At These Prices For MRF Limited (NSE:MRF)

MRF (NSE:MRF) Has More To Do To Multiply In Value Going Forward

Jan 14
MRF (NSE:MRF) Has More To Do To Multiply In Value Going Forward

CEO Compensation Analysis

How has K. M. Mammen's remuneration changed compared to MRF's earnings?
DateTotal CompensationSalaryCompany Earnings
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

Mar 31 2018₹262m₹154m

₹11b

Compensation vs Market: K. M.'s total compensation ($USD3.66M) is above average for companies of similar size in the Indian market ($USD771.04K).

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

CEO

K. M. Mammen (75 yo)

43.9yrs

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%
₹ 3.5b
Arun Mammen
MD & Vice Chairman7.7yrs₹259.85m1.28%
₹ 7.0b
Rahul Mappillai
Managing Director7.7yrs₹228.59m0.11%
₹ 586.4m
Samir Mappillai
Whole-Time Directorno data₹93.05m0.11%
₹ 577.6m
Varun Mammen
Whole-Time Directorno data₹93.16m0.21%
₹ 1.1b
Madhu Nainan
Executive Vice President of Finance10.8yrs₹18.16mno data
S. Kumar
Company Secretary & Compliance Officer8.2yrs₹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
Meera Mammen
Vice President of Welfareno data₹2.52m0.37%
₹ 2.0b

7.7yrs

Average Tenure

57yo

Average Age

Experienced Management: MRF's management team is seasoned and experienced (7.7 years average tenure).

Board Members

NamePositionTenureCompensationOwnership
K. M. Mammen
Chairman & MD43.9yrs₹313.95m0.63%
₹ 3.5b
Arun Mammen
MD & Vice Chairman7.7yrs₹259.85m1.28%
₹ 7.0b
Rahul Mappillai
Managing Director14.2yrs₹228.59m0.11%
₹ 586.4m
Samir Mappillai
Whole-Time Director7.4yrs₹93.05m0.11%
₹ 577.6m
Varun Mammen
Whole-Time Director7.4yrs₹93.16m0.21%
₹ 1.1b
Dinshaw Parakh
Independent Director1.9yrs₹100.00kno data
Prasad Oommen
Independent Director1.8yrs₹50.00kno data
Vikram Hosangady
Independent Director1.9yrs₹100.00kno data
Cibi Mammen
Woman Director9.9yrs₹100.00k0.012%
₹ 64.6m
Ambika Mammen
Non-Executive Director9.8yrs₹100.00k0.059%
₹ 321.6m
Vimla Abraham
Woman Independent Director5.9yrs₹100.00kno data
Ramesh Rangarajan
Independent Director1.9yrs₹100.00kno data

7.4yrs

Average Tenure

53yo

Average Age

Experienced Board: MRF's board of directors are considered experienced (7.4 years average tenure).

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2025/01/02 18:04
End of Day Share Price 2025/01/02 00:00
Earnings2024/09/30
Annual Earnings2024/03/31

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 here.

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 .

Analyst Sources

MRF Limited is covered by 22 analysts. 7 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
Shareen BatatawalaAngel Broking Private Limited