MRF Limited (MRF.NS)

DCF Valuation · Consumer Cyclical · Auto Parts

Valuation as at 2026-08-14 · see also the NIFTY 500 Most Undervalued screen

About MRF Limited

MRF Limited, together with its subsidiaries, engages in the manufacture and sale of rubber products in India and internationally. The company provides tires for passenger cars, two wheelers, farms, trucks, OTR, SCV, LCV, pick up, three-wheeler, MCV, ICV, tubes, and flap products; tread rubber product; and manufactures specialty coatings. It is also involved in the paints and coats, sports goods, pretreads, and motorsports businesses; and heavy-duty truck/bus tyres, light truck, MUV/RCV/passenger cars, farm services, military services, fork-lift, off the road/earth movers, and MRF commercial tyres products.

Source: Yahoo Finance company profile · factual description, not KashVector commentary

MRF Limited MRF.NS

Consumer Cyclical · Auto Parts

Price
₹131,350.00
Market Cap
₹557.07B
Free Cash Flow
₹31.56B
Beta
0.60
P/E (TTM)
23.0x
52-Week Range
₹122,000.00–₹163,600.00

MRF Limited's price & financial trends

Each card is labelled with its own reporting period — quarterly where Yahoo provides it for this market, annual otherwise.

Data as at 2026-08-14

Share price · last 2 years

₹131,350.00 -3% vs 2024-08
NIFTY 50 ₹134,833.45₹113,632.50₹142,360.00₹152,420.00₹129,710.00₹131,350.00 2024-082025-012025-062025-112026-042026-08

Earnings per share (diluted) Per quarter

₹1,655.80 +38% vs Q1 '25
₹1,203.68₹1,180.04₹1,239.38₹1,631.23₹1,655.80Q1 '25Q2 '25Q3 '25Q4 '25Q1 '26

Free cash flow Per year

₹31.56B +689% vs FY23
-₹5.36B₹11.40B₹5.55B₹31.56BFY23FY24FY25FY26

Dividend per share Per year

₹234.98 +57% vs FY23
₹150.01₹175.00₹199.99₹234.98FY23FY24FY25FY26

Value investing scale · Buffett · Dalio · Graham

Partial Fit
11 / 20 combined score

4 criteria had no data

See the full Buffett, Dalio & Graham breakdown for MRF.NS →

Intrinsic value estimate · 5-year forecast

BEAR
₹82,119.74
vs current ₹131,350.00
-37.5% ❌ Overvalued
BASE
₹99,240.28
vs current ₹131,350.00
-24.4% ❌ Overvalued
BULL
₹121,415.89
vs current ₹131,350.00
-7.6% ⚠️ Fairly Valued

Assumptions used in this valuation

Every input below is either fetched live from Yahoo Finance or a documented default — nothing is hidden.

Starting free cash flow
₹31.56B
Rough estimate: operating cash flow × 0.8
Risk-free rate
7.00% ● LIVE
Live 10-yr govt bond
Beta
0.60
Floored for non-US stocks
Equity risk premium
7.50%
Market-specific seed
Cost of debt
8.00%
Synthetic rating A+, ICR 9.0x
Tax rate
25.00%
Estimated default
Capital structure
E 95% / D 5%
Market cap vs total debt
Projection horizon
5 years
+ terminal value beyond
BearBaseBull
5-yr FCF growth2.1%4.3%6.4%
Terminal growth2.5%2.5%2.5%
WACC (discount rate)12.20%11.20%10.20%

Cost of Equity = Risk-free rate + Beta × Equity Risk Premium = 7.00% + 0.60 × 7.50% = 11.50% · WACC = weighted by 95%/5% capital structure

These numbers come from running MRF Limited's cash flows through the mechanical DCF formula and assumptions above — not from any view on the news, management, or MRF.NS's competitive position. What is DCF?

Want to test your own growth or discount-rate assumptions?Open the full interactive calculator, pre-filled with MRF.NS →

More NIFTY 500 stocks we've valued

Not financial advice. DCF valuations are highly sensitive to assumptions — small changes in growth rate or discount rate produce large swings in output. This is a mechanical calculation, not a recommendation to buy, hold, or sell.

About this valuation

Computed on 2026-08-14 from Yahoo Finance data, using the same engine as the full DCF tool and the NIFTY 500 Most Undervalued screen. Every figure above is a point-in-time snapshot of that date — change any assumption yourself in the interactive tool for a live one.

Frequently asked questions

Is MRF Limited (MRF.NS) undervalued?

The Base-case DCF estimates intrinsic value at ₹99,240.28 vs a price of ₹131,350.00 on 2026-08-14 — a -24.4% margin, so the Base case reads overvalued. This is a mechanical output, not advice.