MRF Ltd


BSE: 500290 | NSE: MRF | ISIN: INE883A01011 
Market Cap: [Rs.Cr.] 4,590 | Face Value: [Rs.] 10
Industry: Tyres

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Balance Sheet

(Rs. in Crores)
ParticularsSep-11Sep-10Sep-09Sep-08Sep-07Sep-06
SOURCES OF FUNDS :      
Share Capital 4.244.244.244.244.244.24
Reserves Total 2,293.531,686.441,357.181,116.55981.91820.05
Total Shareholders Funds2,297.771,690.681,361.421,120.79986.15824.29
Secured Loans 1,168.87487.96137.89577.35333.92243.68
Unsecured Loans 1,116.34866.50534.14672.13501.14485.18
Total Debt2,285.211,354.46672.031,249.48835.06728.86
Total Liabilities4,582.983,045.142,033.452,370.271,821.211,553.15
APPLICATION OF FUNDS :      
Gross Block 3,831.823,367.902,734.332,422.562,046.741,889.73
Less : Accumulated Depreciation 1,860.442,038.991,800.771,556.011,389.991,240.06
Less:Impairment of Assets0.000.000.000.000.000.00
Net Block 1,971.381,328.91933.56866.55656.75649.67
Lease Adjustment0.000.000.000.000.000.00
Capital Work in Progress1,135.25497.72285.01443.68243.0366.26
Investments 72.6972.69148.5768.5672.0270.23
Current Assets, Loans & Advances      
Inventories 1,526.021,110.68650.47984.28693.34565.63
Sundry Debtors 1,308.09811.49580.03610.05551.92539.36
Cash and Bank57.2445.1859.89102.3573.1753.32
Loans and Advances 256.39127.2997.99300.31237.30179.50
Total Current Assets3,147.742,094.641,388.381,996.991,555.731,337.81
Less : Current Liabilities and Provisions      
Current Liabilities 1,394.72792.67587.17737.94484.73435.89
Provisions 207.56171.15147.25257.71211.36122.50
Total Current Liabilities1,602.28963.82734.42995.65696.09558.39
Net Current Assets1,545.461,130.82653.961,001.34859.64779.42
Miscellaneous Expenses not written off 0.000.000.000.000.000.00
Deferred Tax Assets12.7515.0012.356.727.208.16
Deferred Tax Liability154.550.000.0016.5817.4320.59
Net Deferred Tax-141.8015.0012.35-9.86-10.23-12.43
Total Assets4,582.983,045.142,033.452,370.271,821.211,553.15
Contingent Liabilities451.49375.79261.24307.48276.25202.89

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
MRF 4,589.84 12.88 2.00 4.07 17.5 15.0 0.91
Apollo Tyres 4,417.56 24.35 2.16 9.26 11.0 12.7 0.84
Balkrishna Inds 2,546.73 10.42 3.06 5.09 24.9 23.1 0.72
Goodyear India 759.70 12.31 2.42 3.59 22.2 35.0 0.00
CEAT 323.40 32.46 0.50 7.90 4.3 9.6 1.31
JK Tyre & Indust 310.41 32.03 0.49 5.76 10.1 11.2 1.79
TVS Srichakra 260.25 6.24 2.29 4.42 39.2 27.6 2.15
PTL Enterprises 197.61 11.31 3.18 6.71 42.8 34.1 1.34
Dunlop India 130.64 0.00 0.45 79.25 0.9 1.4 1.30
Falcon Tyres 90.31 4.39 0.73 6.96 25.7 15.3 3.02
Modi Rubber 77.87 2.23 0.73 1.01 -8.3 -13.8 0.39
Govind Rubber 31.60 4.56 1.63 5.54 10.4 14.4 6.46
Krypton Inds. 15.95 0.00 0.84 8.95 6.2 11.9 1.12
Modistone 3.74 0.00 -0.07 0.00 0.0 0.0 0.00
Surya Indl. Corp 1.68 8.33 -0.59 0.00 3.4 2.2 0.00

Futures & Options Quote

 
Expiry Date
10813.80 291.50  (2.8%)
Instrument: FUTSTK
Expiry Date: 31 May 2012
Open Price: 10,549.95
Average Price: 10,707.86
No. of Contracts Traded: 31,375
Open Interest: 46,000
Underlying: MRF
Market Lot: 125
Previous Close: 10,813.80
Day’s High | Low: 10,855.00 | 10,450.10
Turnover (Cr.): 33.60
Open Int. Change: 1,000.00 (2.2% )
View detailed F& O quotes >>

Key Information

Key Executives:

K M Mammen , Chairman & Managing Director 

Arun Mammen , Managing Director 

K M Philip , Whole-time Director 

Rahul Mammen Mappillai , Whole-time Director 


Company Head Office / Quarters:
New No 114 (Old No 124),
Greams Road,
Chennai,
Tamil Nadu-600006
Phone : 91-44-28292777
Fax : 91-44-28295087
E-mail : mrfshare@mrfmail.com
Web : http://www.mrftyres.com
Registrars:
MRF Ltd
New No. 114
Old No. 124
Greams Road
Chennai - 600 006

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