NSE: MRF | BSE: 500290

Mid-range Performer

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122195.00 -270.00 (-0.22%)

New 52W Low today

1,509 NSE+BSE Volume

NSE 09 Oct, 2026 1:47 PM (IST)

51,824.1

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Market Leader

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Very 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.

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MRF Ltd.

11 Aug 2026

122195.00

-0.22%

A surge in input costs drives an earnings miss

Sell: MRF Ltd.

Target

Motilal Oswal

MRF’s 1QFY27 adj. PAT at INR4.7b was largely in line. PAT was supported by higher-than-expected other income despite weak EBITDA margin at 11.4% vs. our est. of 12.6%.

Number of MF schemes decreased from 115 to 104 in Jun 2026 qtr

MRF Ltd.

06 Feb 2026

122195.00

-0.22%

MRF’s 3QFY26 Adj PAT at INR7.3b was well ahead of our estimates of INR5.5b. This was largely attributed to strong operating performance, with EBITDA margins expanding 550bp YoY to 17.2% (vs. our estimate of 15.3%).

Number of MF schemes decreased from 115 to 104 in Jun 2026 qtr

MRF Ltd.

12 Aug 2025

122195.00

-0.22%

Q1 miss; brighter margin outlook; maintaining a Buy

Buy: MRF Ltd.

Target

Anand Rathi

Below our estimate, MRF’s Q1 EBITDA fell 9% y/y to Rs10.3bn due to the lower-than-expected gross margin. We expect 9/13/19% revenue/ EBITDA/PAT growth over FY25-28.

MRF Ltd. is trading below all available SMAs

MRF Ltd.

10 Nov 2024

122195.00

-0.22%

Margins to expand ahead, upgrading to a Buy

Buy: MRF Ltd.

Anand Rathi

Broadly in line with our Rs9.7bn estimate, MRF’s Q2 EBITDA fell 14% y/y to Rs9.7bn.

Number of MF schemes decreased from 115 to 104 in Jun 2026 qtr

MRF Ltd.

05 May 2024

122195.00

-0.22%

Weak operational performance

Sell: MRF Ltd.

Target

Motilal Oswal

MRF’s 4QFY24 result was weak as higher RM costs and operating expenses
led to lower adjusted EBITDA margin of 16.2% (-100bp QoQ vs. est. 17%). A
provision of INR463.6m, which was made in FY23, was recognized in 4Q
along with the additional provision of INR981.4m for FY24 to cover EPR
costs.