Company MRF Limited

Equities

MRF

INE883A01011

Tires & Rubber Products

Market Closed - NSE India S.E. 07:43:53 2024-05-31 am EDT 5-day change 1st Jan Change
125,432 INR -0.03% Intraday chart for MRF Limited -4.28% -3.20%

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: 19,050

Sales per Business

INR in Million2022Weight2023Weight Delta
Automobile Tyres
89.8 %
170,488 88.3 % 206,652 89.8 % +21.21%
Automobile Tubes
5.8 %
12,334 6.4 % 13,364 5.8 % +8.35%
Specialty Coating
1.8 %
3,182 1.6 % 4,210 1.8 % +32.33%
Others
1.7 %
4,059 2.1 % 4,015 1.7 % -1.09%
Scrap
0.6 %
1,222 0.6 % 1,402 0.6 % +14.79%
Services
0.1 %
209 0.1 % 264 0.1 % +26.69%
Subsidy from State Government
0.1 %
1,674 0.9 % 177 0.1 % -89.43%

Sales per region

INR in Million2022Weight2023Weight Delta
India
91.8 %
172,151 90.6 % 209,472 91.8 % +21.68%
International
8.2 %
17,912 9.4 % 18,769 8.2 % +4.78%

Managers

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

Members of the board

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

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 % 810 M ₹
Comprehensive Investment & Finance Co. Pvt Ltd.
10.42 %
441,834 10.42 % 704 M ₹
SBI Funds Management Ltd.
4.359 %
184,857 4.359 % 295 M ₹
Nalanda Capital Pte Ltd.
4.336 %
183,900 4.336 % 293 M ₹
Mswf Pvt Ltd.
2.991 %
126,855 2.991 % 202 M ₹
Peninsular Investments Pvt Ltd.
2.932 %
124,367 2.932 % 198 M ₹
Kotak Mahindra Asset Management Co. Ltd.
1.750 %
74,202 1.750 % 118 M ₹
The New India Assurance Co. Ltd. (Investment Portfolio)
1.542 %
65,408 1.542 % 104 M ₹
Kmmmf Pvt Trust
1.260 %
53,435 1.260 % 85 M ₹
Government of India
1.036 %
43,930 1.036 % 70 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.