MRF Past Earnings Performance
Past criteria checks 2/6
MRF has been growing earnings at an average annual rate of 11.1%, while the Auto Components industry saw earnings growing at 27.3% annually. Revenues have been growing at an average rate of 13.3% per year. MRF's return on equity is 10.1%, and it has net margins of 6.6%.
Key information
11.14%
Earnings growth rate
11.14%
EPS growth rate
| Auto Components Industry Growth | 16.66% |
| Revenue growth rate | 13.34% |
| Return on equity | 10.11% |
| Net Margin | 6.64% |
| Last Earnings Update | 31 Mar 2025 |
Recent past performance updates
Recent updates
Returns At MRF (NSE:MRF) Appear To Be Weighed Down
May 28
MRF Limited's (NSE:MRF) Shares Climb 27% But Its Business Is Yet to Catch Up
May 08MRF Limited's (NSE:MRF) Business Is Yet to Catch Up With Its Share Price
Mar 18MRF Limited Just Missed Earnings - But Analysts Have Updated Their Models
Feb 09Here's What To Make Of MRF's (NSE:MRF) Decelerating Rates Of Return
Feb 04Is MRF (NSE:MRF) A Risky Investment?
Jan 20Benign Growth For MRF Limited (NSE:MRF) Underpins Its Share Price
Dec 04MRF (NSE:MRF) Will Pay A Dividend Of ₹3.00
Nov 13Analysts Have Made A Financial Statement On MRF Limited's (NSE:MRF) Second-Quarter Report
Nov 12Return Trends At MRF (NSE:MRF) Aren't Appealing
Oct 26We Ran A Stock Scan For Earnings Growth And MRF (NSE:MRF) Passed With Ease
Oct 11Does MRF (NSE:MRF) Have A Healthy Balance Sheet?
Sep 26Why Investors Shouldn't Be Surprised By MRF Limited's (NSE:MRF) Low P/E
Aug 26Revenue Beat: MRF Limited Exceeded Revenue Forecasts By 7.8% And Analysts Are Updating Their Estimates
Aug 11MRF (NSE:MRF) Will Pay A Larger Dividend Than Last Year At ₹194.00
Jul 14MRF (NSE:MRF) Is Increasing Its Dividend To ₹194.00
Jun 30Revenue & Expenses Breakdown
How MRF makes and spends money. Based on latest reported earnings, on an LTM basis.
Earnings and Revenue History
| Date | Revenue | Earnings | G+A Expenses | R&D Expenses |
|---|---|---|---|---|
| 31 Mar 25 | 281,532 | 18,693 | 18,851 | 0 |
| 31 Dec 24 | 274,321 | 17,533 | 22,143 | 0 |
| 30 Sep 24 | 265,938 | 19,475 | 21,946 | 0 |
| 30 Jun 24 | 259,298 | 20,635 | 21,604 | 0 |
| 31 Mar 24 | 251,736 | 20,812 | 21,270 | 0 |
| 31 Dec 23 | 246,681 | 20,258 | 20,190 | 0 |
| 30 Sep 23 | 241,502 | 16,909 | 19,808 | 0 |
| 30 Jun 23 | 237,594 | 12,341 | 19,375 | 0 |
| 31 Mar 23 | 230,150 | 7,689 | 18,869 | 0 |
| 31 Dec 22 | 224,867 | 5,935 | 17,895 | 0 |
| 30 Sep 22 | 217,623 | 5,681 | 17,591 | 0 |
| 30 Jun 22 | 208,438 | 6,273 | 17,449 | 0 |
| 31 Mar 22 | 193,318 | 6,692 | 17,333 | 0 |
| 31 Dec 21 | 188,498 | 8,362 | 16,190 | 0 |
| 30 Sep 21 | 185,713 | 12,073 | 16,380 | 0 |
| 30 Jun 21 | 179,079 | 14,292 | 15,920 | 0 |
| 31 Mar 21 | 161,846 | 12,771 | 15,467 | 0 |
| 31 Dec 20 | 150,760 | 16,239 | 17,438 | 0 |
| 30 Sep 20 | 145,101 | 13,447 | 16,887 | 0 |
| 30 Jun 20 | 142,292 | 11,628 | 13,470 | 0 |
| 31 Mar 20 | 162,835 | 14,226 | 16,829 | 0 |
| 31 Dec 19 | 167,696 | 10,375 | 16,859 | 0 |
| 30 Sep 19 | 167,889 | 10,870 | 16,442 | 0 |
| 30 Jun 19 | 167,280 | 11,363 | 16,017 | 0 |
| 31 Mar 19 | 161,402 | 11,306 | 15,644 | 0 |
| 31 Mar 18 | 149,825 | 11,316 | 14,279 | 0 |
| 31 Mar 17 | 134,122 | 14,862 | 13,234 | 0 |
| 31 Mar 16 | 134,535 | 16,729 | 11,518 | 0 |
| 30 Sep 14 | 133,304 | 9,083 | 9,337 | 0 |
Quality Earnings: MRF has high quality earnings.
Growing Profit Margin: MRF's current net profit margins (6.6%) are lower than last year (8.3%).
Free Cash Flow vs Earnings Analysis
Past Earnings Growth Analysis
Earnings Trend: MRF's earnings have grown by 11.1% per year over the past 5 years.
Accelerating Growth: MRF's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.
Earnings vs Industry: MRF had negative earnings growth (-10.2%) over the past year, making it difficult to compare to the Auto Components industry average (9.2%).
Return on Equity
High ROE: MRF's Return on Equity (10.1%) is considered low.
Return on Assets
Return on Capital Employed
Discover strong past performing companies
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/06/09 07:30 |
| End of Day Share Price | 2025/06/09 00:00 |
| Earnings | 2025/03/31 |
| Annual Earnings | 2025/03/31 |
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.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* 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.
| Analyst | Institution |
|---|---|
| null null | Anand Rathi Shares and Stock Brokers Limited |
| Shareen Batatawala | Angel Broking Private Limited |
| null null | Asian Markets Securities Private Limited |