MRF LTD. Q4 FY26 Results

Summary

MRF reported a robust financial performance for the year ended March 31, 2026, with consolidated total income rising by approximately 11% to ₹31,654 Crores. The company's consolidated Net Profit saw a substantial increase of 30%, reaching ₹2,426 Crores for FY26. Operationally, MRF surpassed the ₹30,000 Crores sales milestone, bolstered by strong demand across Replacement and OE segments, including becoming a preferred supplier for Electric Vehicles and expanding exports. Despite a healthy operating year, the company notes challenges from uncontrolled raw material costs due to the Middle East conflict and potential adverse impacts from a sub-normal monsoon, prompting price increases and cost management measures while evaluating future growth impact.

Key Highlights

1. 1

   MRF's consolidated total income for the year ended March 31, 2026, increased by approximately 11% year-over-year to ₹31,654 Crores, compared to ₹28,570 Crores in the previous year.

2. 2

   The consolidated Net Profit for FY26 surged by 30% to ₹2,426 Crores, up from ₹1,873 Crores in the prior financial year.

3. 3

   Consolidated Profit before tax (PBT) stood at ₹3,222 Crores for FY26, marking a significant increase from ₹2,483 Crores in the preceding year.

4. 4

   The company achieved a significant milestone by crossing ₹30,000 Crores in sales during FY26, driven by good growth in both Replacement and OE segments.

5. 5

   MRF has become the most preferred supplier of Tyres to Electric Vehicles and is expanding capacity across plants to meet future demand.

6. 6

   A dividend of ₹235/- (2350%) per share of ₹10 each has been declared for the financial year 2025-26.