MRFNSEMRF Limited· TyresHighNeutral
Announced Thu, 7 May · 12:43 IST

MRF Limited has submitted to the Exchange, the financial results for the period ended March 31, 2026.

Pat Growth 25pctEbitda Margin ExpansionExceptional ItemResults View source PDF

MRF · price

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AI summary

MRF Limited reported strong full-year results with standalone revenue from operations of Rs 30,652 Crores, up 10.8% from Rs 27,665 Crores in the prior year. Profit after tax grew 29.2% to Rs 2,355 Crores compared to Rs 1,823 Crores last year. On a consolidated basis, revenue was Rs 31,149 Crores with PAT of Rs 2,426 Crores, representing 29.5% PAT growth. The company declared total dividend of Rs 235 per share (Rs 229 final plus Rs 6 interim). EBITDA margin expanded from 9.7% to 11.2%, indicating improved operational efficiency. Exceptional items of Rs 62 Crores (down from Rs 77 Crores provision) relate to labour code provisions. The Board also approved a new Company Secretary appointment following a resignation, and reappointed joint statutory auditors for 5 years. Auditors issued an unmodified opinion.

Likely market impact

Strong earnings growth of 29%+ driven by revenue growth and margin expansion signals operational strength. The generous dividend payout of Rs 235 per share demonstrates shareholder-friendly policy. The stock appears fundamentally solid with improving profitability metrics.