Company MRF Limited Bombay S.E.

Equities

MRF

INE883A01011

Tires & Rubber Products

Market Closed - Bombay S.E. 11:00:53 16/07/2024 BST 5-day change 1st Jan Change
133,136 INR +1.46% Intraday chart for MRF Limited +1.40% +2.76%

Business Summary

MRF Limited is an India-based multinational tire maker. The Company is engaged in the manufacture of rubber products, such as tires, tubes, flaps, tread rubber. The Company's tires products include MRF PERFINZA, MRF MARKUS, MRF CITIBUS, MRF MOGRIP METEOR M TT, MRF ZAPPER TL, MRF ZAPPER N TL, MRF SUPER MILER 99 PLUS, MRF SUPER LUG FIFTY PLUS R, MRF SAVARI EXTRA, and others. The Company's international business has a range of tires in various categories, including heavy-duty truck/bus tires, light trucks, MUV/RCV/passenger cars, motorsports, farm services, military services, forklifts, two/three-wheeler, off-the-road/earthmovers, and pretreads. Its tires and services stocks the entire range of MRF tires and is equipped to provide services, such as computerized nitrogen inflation, tubeless repair, wheel alignment, wheel balancing and tire changing. The Company provides paints and coats, including water-based wood finishes, pigmented finishes, special coatings, and others.

Number of employees: 19,209

Sales per Business

INR in Million2023Weight2024Weight Delta
Automobile Tyres
90.0 %
206,652 89.8 % 226,457 90.0 % +9.58%
Automobile Tubes
5.7 %
13,364 5.8 % 14,282 5.7 % +6.86%
Specialty Coating
1.9 %
4,210 1.8 % 4,817 1.9 % +14.40%
Others
1.7 %
4,015 1.7 % 4,236 1.7 % +5.52%
Scrap
0.6 %
1,402 0.6 % 1,511 0.6 % +7.76%
Services
0.1 %
264 0.1 % 316 0.1 % +19.67%
Subsidy from State Government
0.0 %
177 0.1 % 73 0.0 % -58.87%

Sales per region

INR in Million2023Weight2024Weight Delta
India
92.4 %
209,472 91.8 % 230,923 92.4 % +10.24%
International
7.6 %
18,769 8.2 % 18,869 7.6 % +0.53%

Managers

Managers TitleAgeSince
Chief Executive Officer 59 28/03/90
Chief Executive Officer 46 31/12/02
Chief Executive Officer - 19/02/81
Director of Finance/CFO - 31/03/14
Compliance Officer 58 31/12/12
Corporate Officer/Principal - -

Members of the board

Members of the board TitleAgeSince
Director/Board Member 42 31/12/09
Chief Executive Officer 46 31/12/02
Director/Board Member 40 03/08/17
Chief Executive Officer 59 28/03/90
Director/Board Member - 25/10/98
Director/Board Member 76 22/01/09
Director/Board Member 66 24/07/12
Director/Board Member 69 22/04/15
Director/Board Member 53 11/02/15
Director/Board Member - 06/02/23

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 4,241,143 2,199,063 ( 51.85 %) 0 51.85 %

Shareholders

NameEquities%Valuation
Mowi Pvt Ltd.
11.98 %
507,984 11.98 % 789 M ₹
Comprehensive Investment & Finance Co. Pvt Ltd.
10.42 %
441,834 10.42 % 686 M ₹
Nalanda Capital Pte Ltd.
4.336 %
183,900 4.336 % 286 M ₹
SBI Funds Management Ltd.
4.072 %
172,708 4.072 % 268 M ₹
Mswf Pvt Ltd.
2.991 %
126,855 2.991 % 197 M ₹
Peninsular Investments Pvt Ltd.
2.932 %
124,367 2.932 % 193 M ₹
Kotak Mahindra Asset Management Co. Ltd.
1.745 %
73,995 1.745 % 115 M ₹
The New India Assurance Co. Ltd. (Investment Portfolio)
1.542 %
65,408 1.542 % 102 M ₹
Kmmmf Pvt Trust
1.260 %
53,435 1.260 % 83 M ₹
Government of India
1.036 %
43,930 1.036 % 68 M ₹

Company contact information

MRF Ltd.

No. 114, Greams Road

600006, Chennai

+91 44 2829 2777

http://www.mrftyres.com
address MRF Limited(MRF)

Group companies

NameCategory and Sector
MRF Corp. Ltd.
MRF SG Pte Ltd.