MRF enterprise value

Share price at each year-end

Tap a line for its trend	Currentlast 12M	FY26Mar 2026	FY25Mar 2025	FY24Mar 2024	FY23Mar 2023	FY22 and earlierAlpha Plus


50,060	—	—	—	—	FY22 and earlierEvery year the company has filed comes with Alpha Plus.
3,361	3,361	3,784	2,565	2,223
0.2	0.2	0.2	0.2	0.2
2,367	2,367	2,905	2,075	2,430
49,065	—	—	—	—
−994	−994	−879	−490	206
₹1,15,720.19	—	—	—	—

23,342	23,342	21,394	18,778	17,137
10.1%	10.1%	13.6%	11.1%	14.2%
0.05×	—	—	—	—

1.54×	—	—	—	—
10.18×	—	—	—	—
16.10×	—	—	—	—
15.55×	—	—	—	—
31,889	31,149	28,153	25,169	23,009
4,821	4,901	4,084	4,254	2,389
3,048	3,147	2,431	2,824	1,136
—	4,590	1,868	3,301	2,755
3,156	3,156	560	1,145	−536
—	3,084	493	1,072	−612
—	1,434	1,308	2,155	3,291

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From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.

alphave

MRF₹1,18,065.00

MRF Ltd.

· Auto & Mobility

₹ CrorePeersAPOLLOTYRE CEATLTD BALKRISIND EXIDEIND TIINDIA HEROMOTOCO BHARATFORG HYUNDAIMcap ₹50,060 Cr

HighlightsEnterprise Value Multiples Per ShareAnnuals · FY-end closes

In ₹ Crore except Per Share 12 Months Ending	FY23 31/03/2023	FY24 31/03/2024	FY25 31/03/2025	FY26 31/03/2026	Current/LTM TTM · last close
Market Capitalization	—	—	—	—	50,059.6
- Cash, Equiv & ST Investments	2,223.4	2,565.1	3,784.1	3,361.4	3,361.4
+ Minority Interest	0.2	0.2	0.2	0.2	0.2
+ Total Debt	2,429.5	2,075.1	2,904.9	2,367.1	2,367.1
Enterprise Value	—	—	—	—	49,065.4
Net Debt (memo)	206.2	-489.9	-879.2	-994.4	-994.4
EV per Share	—	—	—	—	1,15,720.19

Total Capital	17,137.3	18,778.3	21,393.5	23,341.8	23,341.8
Total Debt/Total Capital	14.18	11.05	13.58	10.14	10.14
Total Debt/EV	—	—	—	—	0.05

EV/Sales	—	—	—	—	1.54
EV/EBITDA	—	—	—	—	10.18
EV/EBIT	—	—	—	—	16.10
EV/Free Cash Flow	—	—	—	—	15.55
Reference Items — Trailing FY Values
Sales	23,008.5	25,169.2	28,153.2	31,149.0	31,888.9
EBITDA	2,389.1	4,253.6	4,084.5	4,900.6	4,820.5
EBIT	1,136.1	2,823.6	2,430.9	3,147.0	3,048.0
Operating Cash Flow	2,755.5	3,300.5	1,867.8	4,590.3	—
Free Cash Flow	-535.8	1,145.3	559.6	3,156.1	3,156.1
FCFF (free cash flow to the firm)	-611.6	1,071.9	492.6	3,084.5	—
Capital Expenditure	3,291.2	2,155.2	1,308.2	1,434.3	—

Market Cap/EV/multiples pair each (split/bonus-adjusted) FY-end close with the latest filed share count; Current column uses the last close. Market Capitalization is a market-level figure — identical across Consolidated/Standalone (the accounting rows below differ). No consensus estimates → no Est columns. Click any row to chart it.

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Data & compliance. Descriptive financial information from official NSE/BSE filings — for information and education only, not investment advice, a recommendation, or a valuation. Standalone = parent entity; consolidated includes subsidiaries. Historical multiples pair each fiscal year's filed figures with that FY-end market close; the Current column uses the last close with the latest filed annuals. Figures are cross-verified via accounting identities and NSE×BSE agreement — XBRL cross-verified ✓ 95%.