Mrf Limited

Founded in 1960 and headquartered in Tamil Nadu, India.

1960 | Chennai, Tamil Nadu (India) | Active
Last Updated: November 16, 2024

Mrf Profile

Key Indicators

  • Authorised Capital ₹ 10.00 Cr
  • Paid Up Capital ₹ 4.24 Cr
  • Company Age 64 Year, 2 Months
  • Last Filing with ROC 31 Mar 2024
  • Open Charges ₹ 4,522.42 Cr
  • Satisfied Charges ₹ 1,600.85 Cr
  • Revenue Growth 18.24%
  • Profit Growth 26.09%
  • Ebitda 16.13%
  • Net Worth 5.31%
  • Total Assets 5.86%

About Mrf

Mrf Limited (ML) was founded in India on 05 November 1960 and has a glorious history of 64 years and two months. Its registered office is in Chennai, Tamil Nadu, India.

It is listed on the Bombay Stock Exchange(BSE) under the ticker symbol 500290 and on the National Stock Exchange(NSE) under MRF.

The Corporate was formerly known as Madras Rubber Factory Pvt Ltd. The Company is engaged in the Automotive Industry.

The Company's status is Active, and it has filed its Annual Returns and Financial Statements up until 31 March 2024. It's a company limited by shares with an authorized capital of Rs 10.00 Cr and a paid-up capital of Rs 4.24 Cr.

The company currently has active open charges totaling ₹4,522.42 Cr. The company has closed loans amounting to ₹1,600.85 Cr, as per Ministry of Corporate Affairs (MCA) records.

The Key Managerial Personnel (KMP) at Mrf Limited India are Dhanvanth Sridharan as COMPANY SECRETARY and Mr Nainan as Cfo.

Company Details

  • Location

    Chennai, Tamil Nadu, India

  • Telephone

    +91-XXXXXXXXXX

  • Email Address
  • Website
  • Social Media

Corporate Identity Details

  • CIN/LLPIN

    L25111TN1960PLC004306

  • Company No.

    004306

  • Stock Symbol

    BSE : 500290 NSE : MRF

  • Company Classification

    Public Limited Indian Non-Government Company

  • Incorporation Date

    05 Nov 1960

  • Date of AGM

    01 Aug 2024

  • Date of Balance Sheet

    31 Mar 2024

  • Listing Status

    Listed

  • ROC Code

    Roc Chennai

Industry

Automotive

What products or services does Mrf Limited offer?

Mrf Limited offers a wide range of products and services, including Commercial Vehicle Tyres, MRF Commercial Vehicle Tyres, Motorcycle Tyres, Bike Tyres.

Who are the key members and board of directors at Mrf?

Executive Team (5)

Name Designation Appointment Date Status
Arun Mammen Country flag representing In Managing Director 01-Apr-2013 Current
Kandathil Mammen Country flag representing In Managing Director 20-Feb-1981 Current
Rahul Mappillai Country flag representing In Managing Director 25-Nov-2010 Current
Dhanvanth Sridharan Country flag representing In Company Secretary 10-Aug-2018 Current
Mr Nainan Country flag representing In CFO 22-Apr-2014 Current

Board Members (11)

Name Designation Appointment Date Status
Ramesh Rangarajan Country flag representing In Director 07-Feb-2023 Current
Vasu Arun Country flag representing In Director 09-May-2023 Current
Dinshaw Parakh Country flag representing In Director 07-Feb-2023 Current
Ambika Mammen Country flag representing In Director 23-Apr-2015 Current
Cibi Mammen Country flag representing In Director 12-Feb-2015 Current
Prasad Oommen Country flag representing In Director 09-May-2023 Current

Financial Performance of Mrf.

Mrf Limited, for the financial year ended 2023, experienced significant growth in revenue, with a 18.24% increase. The company also saw a substantial improvement in profitability, with a 26.09% increase in profit. The company's net worth moved up by a moderate rise of 5.31%.

Graph illustrating revenue growth over time
Graph showing profit and loss trends over time
  • Key Matrics
  • Balance Sheet
  • Profit and Loss
  • Cash Flow
  • Ratios
Metrics
(FY 2023) YOY Growth
(FY 2022) (FY 2021) (FY 2020) (FY 2019)
Total Revenue
18.24%
Revenue from Operations
18.90%
Total Assets
5.86%
Profit or Loss
26.09%
Net Worth
5.31%
EBITDA
16.13%

What is the Ownership and Shareholding Structure of Mrf?

In 2023, Mrf had a promoter holding of 27.85% and a public holding of 72.15%. The company had 2 Subsidiaries. Access key insights, ownership, including shareholding patterns, funding, foreign investors, KMP remuneration, group structure, and overseas investments.

Shareholding Indicator graph

Charges (Loans)

Open Charges

₹4,522.42 Cr

Satisfied Charges

₹1,600.85 Cr

Charges Breakdown by Lending Institutions

  • State Bank Of India : 3700.00 Cr
  • Others : 761.42 Cr
  • Infrastructure Development Finance Company Limited : 61.00 Cr

Latest Charge Details

Date Lender Amount Status
13 Jan 2020 Others ₹761.42 Cr Open
08 Dec 2006 Infrastructure Development Finance Company Limited ₹61.00 Cr Open
22 Feb 1996 State Bank Of India ₹3,700.00 Cr Open
09 Apr 2012 State Bank Of Mysore ₹410.00 Cr Satisfied
05 Jan 2012 The Bank Of Tokyo-Mitsubishi Ufj Ltd ₹204.62 Cr Satisfied

How Many Employees Work at Mrf?

Mrf has a workforce of 16974 employees as of Mar 31, 2024. Unlock access to detailed historical data on individuals associated with the company, including employment records, contributions to the Employees' Provident Fund Organization (EPFO), and other related insights.

Graph showing employee growth trends

Deals i

Graph showing company valuation over time

Gain comprehensive insights into the Deals and Valuation data of Mrf, offering detailed information on various transactions, including security allotment data. Explore the intricate details of financial agreements, mergers, acquisitions, divestitures, and strategic partnerships that have shaped Mrf's trajectory.

Rating

Graph displaying rating trends over time

Access the credit rating data, providing valuable insights into the company's creditworthiness and financial stability. Explore assessments from leading credit rating agencies, evaluating factors such as debt obligations, liquidity, profitability, and overall financial health.

Alerts

Alert Indicator

Stay informed about regulatory alerts and litigation involving and associated companies. Receive timely updates on legal proceedings, regulatory changes, and compliance issues that may impact the company's operations, reputation, and financial performance. Monitor litigation involving subsidiaries, joint ventures, and other affiliated entities to assess potential risks and liabilities.

Latest Updates, News, and FAQs on Mrf

Recent activity within the organization

  • Charges

    A charge with Others of Rs. 761.42 Cr registered on 13 Jan 2020 with Charge ID 100318978 was modified on 05 Sep 2024.

    05 Sep 2024

  • Annual General Meeting

    Mrf Limited last Annual general meeting of members was held on 01 Aug 2024 as per latest MCA records.

    01 Aug 2024

  • Balance Sheet

    Mrf Limited has filed its annual Financial statements for the year ended 31 Mar 2024 with Roc Chennai.

    31 Mar 2024

  • Charges

    A charge with State Bank Of India of Rs. 3,700.00 Cr registered on 22 Feb 1996 with Charge ID 90285121 was modified on 11 Dec 2023.

    11 Dec 2023

  • Director Appointment

    Vasu Arun was appointed as a Director was appointed as a Director on 09 May 2023 & has been associated with this company since 1 year 8 months .

    09 May 2023

  • Director Appointment

    Prasad Oommen was appointed as a Director was appointed as a Director on 09 May 2023 & has been associated with this company since 1 year 8 months .

    09 May 2023

Recent News, Updates & Announcement

Frequently asked questions

  • Mrf Limited was incorporated on 05 Nov 1960.

  • The authorized share capital of Mrf Limited is ₹ 10.00 Cr and paid-up capital is ₹ 4.24 Cr.

  • Currently 16 directors are associated with Mrf Limited.

    • Arun Mammen
    • Kandathil Mammen Mammen
    • Ramesh Rangarajan
    • Vasu Arun
    • Dinshaw Keku Parakh
    • Ambika Mammen
    • Cibi Mammen
    • Prasad Oommen
    • Vikram Chesetty
    • Rahul Mammen Mappillai
    • Vimla Abraham
    • Samir Mappillai Thariyan
    • Varun Mammen
    • Vikram Taranath Hosangady
    • Dhanvanth Kumar Sridharan
    • Mr Madhu Plamootil Nainan
  • As per Ministry of Corporate Affairs (Mca), the registered address of Mrf Limited is New No.114 (Old No.124) Greams Road, India, Chennai, Tamil Nadu, 600006.

  • The corporate identification number (CIN) of Mrf Limited is L25111TN1960PLC004306 and the company number is 004306 as per Ministry of Corporate Affairs (MCA).

  • Yes, Mrf Limited is registered on Bombay Stock Exchange (BSE) and National Stock Exchange (NSE): MRF.

  • The Official website of Mrf Limited is https://www.mrftyres.com

  • According to the financial reports for the fiscal year 2023, the revenue trend for Mrf Limited has risen by 18.24%.

  • As Per 2023 financial reports, 16974 employees are currently employed by Mrf Limited.

  • The financial reports for the fiscal year 2023 indicates that The net worth of Mrf Limited has experienced an upsurge of 5.31%.

  • As per the financial statements for fiscal Year 2023, The total open charges for Mrf Limited amount to ₹ 4,522.42 Cr.

  • The most recent Balance Sheet for Mrf Limited was filed with the ROC on 31 Mar 2024.