NSE: MRF | BSE: 500290

Strong Performer, Getting Expensive

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154640.00 -1295.00 (-0.83%)

New 52W High in past week

2,132 NSE+BSE Volume

NSE 24 Sep, 2025 10:47 AM (IST)

65,584.4

Market Cap

Market Leader

0.9

Beta 1Year

Low volatility

MRF Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MRF, BSE:500290 MRF Ltd.

MRF Ltd.

07 Jun 2021

154640.00

-0.83%

MRF (SELL): Margin headwinds to persist; maintain SELL

Sell: MRF Ltd.

BOB Capital Markets Ltd.

MRF's Q4 revenue grew 4% QoQ to Rs 47bn, EBITDA margin shrank 530bps on gross margin pressure and adj. PAT fell 38% QoQ to Rs 3.2bn

MRF Ltd. has gained 38.01% in the last 6 Months

MRF Ltd.

11 Feb 2021

154640.00

-0.83%

MRF (SELL): Near-term headwinds persist; maintain SELL

Sell: MRF Ltd.

Target

BOB Capital Markets Ltd.

MRF delivered Q3FY21 revenue as per projections but above-expected gross margins led to a beat on both EBITDA (+58% YoY to Rs 9.6bn) and operating margins (21.1% vs. 16.2% estimated).

Number of FII/FPI investors increased from 638 to 696 in Jun 2025 qtr.

MRF Ltd.

02 Dec 2020

154640.00

-0.83%

MRF (SELL): Rising input cost a key concern amid rich valuations; cut to SELL

Sell: MRF Ltd.

Recommendation Target

BOB Capital Markets Ltd.

MRF Tyres (MRF) has rallied ~30% in the last three months and is currently trading at 25x Sep'22E EPS.

MRF Ltd. has gained 38.01% in the last 6 Months

MRF Ltd.

02 Nov 2020

154640.00

-0.83%

Ashika - Stock Picks MRF Ltd. - November 2020

Buy: MRF Ltd.

Target

Ashika Research

Number of FII/FPI investors increased from 638 to 696 in Jun 2025 qtr.

MRF Ltd.

03 May 2019

154640.00

-0.83%

MRF (ADD): Operating margins continue to slide

Buy: MRF Ltd.

BOB Capital Markets Ltd.

MRF's Q3FY19 revenue grew 5% YoY to Rs 40.7bn, but a 170bps contraction in gross margin and 200bps rise in other expense/sales prompted a 17% YoY drop in EBITDA to Rs 5.7bn and 370bps decline in operating margin to 14%. A below-expected tax rate limited the fall in adj. PAT to 24% YoY at Rs 2.9bn. We prune our FY20/FY21 EPS estimates by ~9% each assuming lower gross margins and weaker demand outlook going ahead and roll over to a...

MRF Ltd. has gained 38.01% in the last 6 Months

MRF Ltd.

10 Aug 2018

154640.00

-0.83%

MRF

Buy: MRF Ltd.

Target

Dolat Capital

MRF posted weak topline growth of 8.1% YoY at ` 38.6 bn for the quarter ended Q1FY19 along with gross and EBITDA margins of 39.8% and 15.4% respectively. The gross and EBITDA margins for the quarter Q1FY19 improved by 735 bps and 773 bps respectively on an unfavorable period of Q1FY18. We believe the pressure in the top line growth for MRF was due to the increasing intensity of competition in the tyre space where realizations per unit would have declined and unfavorable product mix due to increasing demand from the CV segment. The stock has corrected nearly 10% in the...

Number of FII/FPI investors increased from 638 to 696 in Jun 2025 qtr.

MRF Ltd.

03 May 2018

154640.00

-0.83%

MRF

Buy: MRF Ltd.

Dolat Capital

Quarter marginally disappoints but outlook is intact MRF revenue grew 15.8% YoY in Q4FY18 to ` 39bn, which was lower than our estimates of ` 40 bn. Profitability was also marginally lower than estimates. We believe that recent price hikes taken by MRF will enable margin restoration / expansion in coming quarters. MRF has an incomparable moat over its competitors and strong brand recall which will keep MRF ahead of its competitors. With strong presence across segments and volume outlook looking robust, we expect MRF to further strengthen its...

MRF Ltd. has gained 38.01% in the last 6 Months

MRF Ltd.

13 Nov 2017

154640.00

-0.83%

MRF Ltd Q2FY18 results comment

Results Update: MRF Ltd.

HDFC Securities

MRF Ltd Q2FY18 results comment Revenue increased by 0.69% to Rs. 3591.11 Cr in Q2FY18 when compared to the previous quarter. Also, it rose by 10.51% when compared with Q2FY17.

MRF Ltd. is trading above all available SMAs

MRF Ltd.

05 Aug 2017

154640.00

-0.83%

MRF Ltd Q1FY18 results comment

Results Update: MRF Ltd.

HDFC Securities

Revenue rose by 6.83% to Rs. 3566.61 Cr in Q1FY18 when compared to the previous quarter Revenue rose by 6.83% to Rs. 3566.61 Cr in Q1FY18 when compared to the previous quarter

Number of FII/FPI investors increased from 638 to 696 in Jun 2025 qtr.

Is MRF Ltd. worth buying?

605 Votes:

Buy 57.52%

Sell 22.81%

Hold 19.67%

RESEARCH REPORTS

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Buy SEE REPORTS >

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