Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 16 Oct
Source: Bse
MRF Limited (MRF)
Mid CapAuto stocks · Mid cap · NSE
MRF Limited operates in Tyres, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers.
Data qualityFresh enough for analysisQuote updated 21 Oct, 03:31 pm ISTDetails
Quote21 Oct, 03:31 pm IST
Base fundamentals20 Oct 2026 · screener
Latest result16 Aug, 12:37 am IST
Score21 Oct, 04:30 am IST · v4.3-runtime-valuation
Tags02 May 2026
Coverage14/14 · 100%
Valuation2026-07-20 · Rf 6.8% · Auto P/E 25.7 (n=127)
Technical timing lens
Trend score and candlestick chart
32Bearishfull bear SMA stack · SMA20 -5.0% / mo · MACD + · near 52W low · sector -2.2pp vs Nifty 500 (3M)
Stock trend: 24
Sector RS: 44
Sector 3M: -7.8% vs Nifty 500 -5.6%
Auto FPI tailwindNot confirmed
Latest mapped FPI equity flow was not positive. View sector evidence
Technical chart
MRFD candles · FIT view-8.6%Latest close ₹120880.00 on 2026-10-21
Bar
-0.9%
RSI
31
MACD hist
98.90
52W pos
2%
2026-10-21O ₹122000.00H ₹122095.00L ₹119800.00C ₹120880.00Vol 3,714 sh
Up bar
Down bar
EMA 20
EMA 50
Volume + 20D avg
Result date
RSI(14)
MACD / signal
Market context
Relative performance and chart statistics
Adjusted completed-session prices, rebased to 100
MRFNifty AutoNifty 500
- MRF
- -9.8%
- Nifty 500
- -6.5%
- Nifty Auto
- -7.8%
- Vs Nifty 500
- -3.3 pp
Chart stats
21 Oct 2026- From 52W high
- -26.1%
- 52W range position
- 2%
- ATR (14)
- 1.3%
- Volume vs 20D
- 1.51x
- Avg traded value
- ₹31.2 Cr
- 20D price channel
- ₹1,19,800 - ₹1,25,800
₹1,63,600
₹1,19,800 - ₹1,63,600
₹1,570.4
Latest completed session
20-session average
10.1% annualized volatility
Research snapshot
What the evidence says now
Mixed fundamentals, management evidence is still limited to a financial-only Trust Lite signal, price trend argues for patience, and recent execution is consistent.
Suggested next step
Research, do not rush
The evidence is not strongly aligned. Compare peers and wait for a cleaner setup.
U-Score
Legacy · FAIR VALUE56
Fundamental lens: valuation, quality, growth, balance sheet, and cash flow.
Latest result
Bad0
Revenue +9.6% · PAT -1.4% YoY
Technical
Bearish32
Price trend and sector-relative-strength timing.
Valuation
Legacy model+45.0%
Legacy margin-of-safety estimate; the revised evidence label remains in shadow validation.
Trust
Limited evidence79
Financial-only signal; management claim evidence is not sufficient yet.
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Financials
Fundamentals, quarterly history, margins, returns and balance-sheet evidence
Latest result
Quarter ended 30 Jun 2026
Bad · 0/100PAT -1% YoY · margin compression · Rev +10% YoY
Filed 30 Jun 2026
Open results browser →| Metric | This quarter | YoY | QoQ |
|---|---|---|---|
| Revenue | ₹8,416 Cr | +9.6% | +4.6% |
| EBITDA | ₹991 Cr | -7.4% | -24.1% |
| Operating margin | 12.0% | -200 bps | -400 bps |
| PAT | ₹495 Cr | -1.4% | -29.5% |
| PAT margin | 5.9% | -66 bps | -285 bps |
NDF means not disclosed in the current structured filing feed. It is intentionally not treated as zero.
Fundamentals
Valuation
- P/E
- 21.00
- P/B
- 2.46
- EV/EBITDA
- 8.33
- Market Cap
- 51702.00Cr
Profitability
- ROE
- 12.50%
- ROCE
- 15.70%
- ROA
- 7.57%
- Dividend Y
- 0.19%
Growth (CAGR)
- Revenue 5Y
- 14.00%
- EPS 5Y
- 14.00%
- Revenue 3Y
- 11.00%
- EPS 3Y
- 52.00%
Balance Sheet
- Debt/Equity
- 0.15
- Interest Coverage
- 13.54×
- Altman Z
- 5.48
- Book Value
- 49455.00
Cash Flow
- FCF Yield
- 4.86%
- FCF Positive Y
- 6/5
- OCF
- 4590.00 Cr
- EPS TTM
- 5700.98
Shareholding
- Promoter Hold
- 27.61%
- Promoter Pledge
- 0.00%
- Momentum 52W
- 1%
Financial History
Updated 21/10/2026
Revenue
₹ CrLatest: 8,416+4.6% vs prev
Net Profit
₹ CrLatest: 495-29.5% vs prev
ROE is shown only in the Annual view — quarterly equity data isn't published.
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Technicals
Trend interpretation, Stage 2, relative strength, volume and indicator evidence
Daily technical trend read
Bearish setupTrend is weak — long-term trend down. RSI 31.
- Price < SMA20 < SMA50 < SMA200 — full bearish stack.
- SMA20 falling (~5.2% over last month) — short-term momentum negative.
- RSI(14) at 31 — falling, no extreme reading.
- MACD above signal but histogram contracting — bullish momentum cooling.
- Within 5% of 52-week low — testing support.
Mechanical read from the price + indicator series above. Not a recommendation — technical setups can reverse without warning, especially around earnings and macro events.
Nifty 500 leadership
Relative Strength & Trend Stage
30
RS percentile
Stage 4 Downtrend
1M return
-3.2%
3M return
-9.8%
6M return
-10.2%
1Y return
-24.4%
RS 1D
+1
RS 20D
+4
Sector rank
#9
Industry rank
#14
Stage evidence
- Price is 6.6% below the 30-week proxy.
- The 50-DMA is below the 30-week proxy and its slope is falling -1.5%.
- Both 3-month and 6-month returns are negative.
50-DMA
price below
200-DMA
price below
Sector
weakening
Industry
weakening
Relative-strength line vs Nifty 500 (base 100)
262 observations
21 Oct 2026Value 86.28+0.08%
RS vs Nifty 50086
Valuation & peers
U-Score 56 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Valuation & peers
U-Score 56 · legacy U-Score band FAIR VALUE · valuation evidence and comparable companies
Financial Turnaround
Fundamental score breakdown
U band · FAIR VALUEValuation13/30
Growth17/25
Quality5/20
Balance Sheet8/15
Cash Flow7/10
Piotroski
8/9 (+5)
Penalties
1
Raw sum
56
Why this score?
Top U-Score contributors and drags from the latest stored fundamentals.
56/100 · legacy band FAIR VALUE
Positive drivers
- FCF yield is supportive at 4.9%.
- Piotroski is strong at 8/9.
- Fair-value margin of safety is positive at 45.0%.
Main drags
- Quality is weaker at 5/20; verify the latest quarterly trend.
- Valuation is weaker at 13/30; verify the latest quarterly trend.
- Balance sheet is weaker at 8/15; verify the latest quarterly trend.
Sector valuation model
Consumer valuation: PE/PEG and brand-quality premium
Consumer franchises can deserve higher multiples, but only when growth quality supports them.
Primary lens
PE and PEG relative to growth, ROE, margins, and brand strength.
Secondary checks
Volume growth, pricing power, distribution, same-store or category growth.
Main risk check
Premium valuation needs durable growth and margin resilience.
PE
21.0
PB
2.5
EV/EBITDA
8.3
ROE
12.5%
ROCE
15.7%
FCF Yield
4.9%
Debt/Equity
0.1
MoS
+45.0%
Score movement
Stored run vs live recompute
This shows the stored score trend when snapshots exist, and also compares the latest stored nightly score with a live recompute from current fundamentals and price.
Stored run: 21 Oct 2026
v4.3-runtime-valuation
Final score
56
Previous: 56
Legacy U-Score band
FAIR VALUE
Previous: FAIR VALUE
Margin of safety
+45.0%
Previous: +44.5%
Score history
12 stored score snapshots. Latest stored move: +0 points.
21 Oct 2026
v4.3-runtime-valuation
56
56
56
56
56
56
56
56
56
56
56
56
Factor attribution
No pillar movement versus the latest stored run. Historical score trend will appear after snapshot storage is enabled.
Modelled fair value
Graham Number
₹79,647.31
-51.8% MoS
Growth-justified P/E
38.5
Growth-justified Value
₹2,19,772.78
+45.0% MoS
PEG
0.94
Comparable companies
Peers
Business-comparable peers in Auto — ranked by industry, sub-sector, theme-tag overlap, market cap, and U-Score similarity. Green cells mark the best available peer metric in this table.
Ticker
Name
Why peer
Score
PE
ROE
MoS
Verdict
APOLLOTYRE
Large
Apollo Tyres Limited
Auto Components
match 156
67
12.4
13.1%
+60%
UNDERVALUED
CEATLTD
Large
CEAT Limited
Auto Components
match 154
48
23.3
16.1%
+17%
FAIR VALUE
JKTYRE
Large
JK Tyre & Industries Limited
Auto Components
match 152
77
13.5
16.0%
+63%
DEEP VALUE
TOLINS
Small
Tolins Tyres Limited
Auto Components
match 152
56
10.3
10.4%
+49%
FAIR VALUE
VIAZ
SME
Viaz Tyres Ltd.
Auto Components
match 151
39
24.0
10.8%
+38%
WATCHLIST
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business, management & trust
Growth engines, risks, management commitments and evidence-backed delivery
Business and thesis
Issuer presentation review pending
MRF Limited operates in Tyres, within the Auto sector. Use the latest filing and company disclosures below to verify its revenue mix and current business drivers. The structured result feed currently covers the quarter ended 30 Jun 2026. Investor presentations and earnings-call PDFs will be added as issuer-backed evidence before management claims appear here.
Trust Score
79Limited evidence · low confidenceTrust Lite
Trust asks: does management behaviour match later outcomes? Higher is better, but confidence and evidence depth matter as much as the number.
Limited evidence: Claim history is still being built. It ranks around the 88th percentile of the scored universe and 76th percentile within Auto. No major sub-score weakness stands out.
This is a financial-behaviour screen, not a claim-tested management reliability verdict.
Computed 21 Oct 2026
management-trust-v1
5 docs text-extracted · 0 concalls text-extracted
Score band
Limited evidence
Financial behaviour is scored, but management claims do not yet have enough outcome checks.
Relative rank
88th percentile
overall median 67 · Auto: 76th pctile, median 74 · Mid: 67th pctile, median 76
Evidence depth
Financial-only
5 documents have extracted text, but claim history is not strong enough yet.
Claim delivery
Outcome history still building
0 claims extracted · No contradicted claim yet
How to read this Trust Score
Limited evidence · low confidenceWhat it measures
Reliability of management and financial delivery, using financial behaviour only.
Confidence
Treat this as an early read until more concalls and outcomes are matched.
Investor use
Can support position sizing if valuation and trend also agree.
Read Trust alongside U-Score, result consistency, and technical trend. A cheap stock with weak Trust needs a larger margin of safety; a high Trust score does not make an expensive stock attractive by itself.
Forensic breakdown
Read low sub-scores as due-diligence warnings, not automatic sell signals.
Promoter
78
strong · holding, pledge, alignment
Cash flow
77
strong · profit to cash conversion
Balance sheet
89
strong · leverage and solvency
Discipline
68
acceptable · capital discipline
Results
87
strong · quarterly consistency
Trust positives
- ▸Promoter pledge is zero.
- ▸FCF yield is positive at 4.9%.
- ▸6 years of positive FCF.
- ▸4/4 latest quarters had positive YoY revenue growth.
Trust risks
- ▸No major Trust Lite risk flags.
Trust Lite uses financial behaviour only. Prefer claim-tested Trust when enough concall claims have later outcomes.
Continue researching MRF Limited
Important announcements & filings
Latest exchange and company disclosures found within the past two years.
Open source ↗
Annual reportAug 2026
Aug 2026 · Disclosure Under Regulation 30 Of The SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 15 Jul - MRF shared 2025-26 Annual Report web link; 65th AGM on 6 August 2026 via VC/OAVM.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 17 Aug
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 15 Jul
Source: Bse
Annual report
Reg. 34 (1) Annual Report. 14 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 10 Jul
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Newspaper Publication 9 Jun
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Appointment of Statutory Auditor/s 7 May - MRF approved FY26 audited results, recommended Rs229 final dividend, and named new company secretary on 7 May 2026.
Source: Bse
AnnouncementMay 2026
May 2026 · Announcement under Regulation 30 (LODR)-Cessation 7 May - MRF approved FY26 audited results, recommended Rs229 final dividend, accepted CS resignation, appointed new CS.
Source: Bse
AnnouncementMay 2026
May 2026 · Appointment of Company Secretary and Compliance Officer 7 May - MRF approved FY26 audited results, recommended Rs229 final dividend, and changed Company Secretary on 7 May 2026.
Source: Bse
Announcement
Announcement under Regulation 30 (LODR)-Press Release / Media Release 7 May - MRF reported FY26 net profit of Rs 2,426 crore, sales above Rs 30,000 crore, and Rs 235 dividend.
Source: Bse
Annual reportMar 2026
Mar 2026 · Annual Report 2026
Source: Bse
All information is for study purposes only. For investment decisions, consult your financial advisor. See Playbook for methodology.