Latest news with #MRFLimited
India.com
09-07-2025
- Automotive
- India.com
This is India's most expensive stock, with share price of Rs 1.5 Lakh, not Mukesh Ambani's Reliance, Ratan Tata's TCS or Adani, but it is…
(File) MRF Share Price: Earlier this year, on March 4, MRF's share had fallen close to Rs 1 lakh. After which, the stock has witnessed an upward rally in the past three months and delivered around 50% returns in that short span. With a single share priced at over Rs 1.5 lakh, MRF is not a stock that fits into every investor's portfolio. Today, MRF Limited became the most expensive stock in the country as its share price crossed Rs 1.5 lakh. Over the past three months alone, the stock has delivered strong returns. MRF Share Price On Wednesday, the MRF stock opened at Rs 1,44,945 and climbed to Rs 1,50,995 during trading hours and reached its all-time high of Rs 1,51,283.40, which it had reached in February 2024. After this surge, MRF once again surpassed Elcid Investments to become India's costliest stock. The stock had dropped to around Rs 1 lakh on March 4 this year but again revived and gained nearly 50% in just three months. Over the last one year, MRF has delivered a return of around 14%, while its five-year returns are 132%. MRF Share Price Performance The Rs 1.5 lakh mark had been a psychological barrier for the stock and it has now breached it. The company manufactures tyres for passenger cars, two-wheelers, trucks, and even Indian Air Force's Sukhoi-30 MKI fighter jets. It also produces toys under the 'Funskool' brand and has a presence in the paints segment as well. In FY 2025, the company reported revenue of Rs 28,153 crore and a net profit of Rs 1,869 crore shows its strong financial performance. Looking at the company's history, MRF's share was priced at around Rs 1,100 in 1995. Over the past 30 years, it has delivered a compounded annual growth rate (CAGR) of 18.5%. By 2005, the share price had risen to around Rs 3,500. During this period, the company expanded its production capacity and entered export markets, resulting in consistent revenue growth. From 2005 to 2015, MRF capitalized on both domestic and global demand, expanding into truck, bus, and off-road tire segments. By 2015, the stock had crossed the Rs 40,000 level, representing a CAGR of 27.8%. During this time, the company also diversified into new areas like toys (Funskool) and paints, and developed specialized tyres for the Indian market.
News18
03-07-2025
- Business
- News18
MRF Announces Record Date For Rs 229 Per Share Final Dividend: Check Payment Date
Last Updated: India's most expensive stock, MRF Limited, has announced the record date for its final dividend for the financial year 2024–25 MRF Share Price: India's most expensive stock, MRF Limited, has announced the record date for its final dividend for the financial year 2024–25 (FY25). In May, the tyre manufacturing giant declared a final dividend of Rs 229 per share (on a face value of Rs 10), translating to a 2,290% payout, alongside its Q4 results. MRF Dividend Record Date In a regulatory filing dated July 3, MRF stated that July 18, 2025, will serve as the record date to determine eligible shareholders for the dividend. Investors must buy MRF shares at least one day before the record date to be eligible, in line with the T+1 settlement cycle followed in Indian markets. The payment date for the final dividend has been scheduled on or after August 18, 2025, the company added. MRF AGM Date MRF also announced the schedule for its 64th Annual General Meeting (AGM). The meeting will be held on Thursday, August 7, 2025, via video conferencing/other audio-visual means, in compliance with guidelines issued by the Ministry of Corporate Affairs and SEBI. Following the record date announcement, MRF shares traded in the green on the BSE. The stock climbed as high as Rs 1,47,890, marking a 1.9% intraday gain. Despite broader market volatility, MRF shares have gained 13% over the past year. Over a longer horizon, the stock has delivered 121% returns over five years and a remarkable 319% gain over the past decade, firmly placing it among India's multibagger stocks. First Published: July 03, 2025, 14:53 IST
Mint
03-07-2025
- Business
- Mint
MRF declares record date for payment of final dividend for FY25. Details here
Dividend stock: Tyre manufacturer and India's highest-priced stock, MRF Limited, announced the record date for its final dividend for the fiscal year 2024-2025 (FY25). The company had announced a final dividend of ₹ 229 per share of ₹ 10 each, amounting to a payout of 2,290% in May along with its Q4 results. Consequently, MRF, on July 3, announced the record date for determining the eligible shareholders to receive the said dividend as July 18. Investors looking to seek the benefit of MRF's dividend announcement must purchase their shares at least one day prior to the record date for their names to be appear on the shareholders' list, given the Indian stock market's T+1 settlement system. The date of payment of MRF's final dividend is on or after August 18, 2025, the company added. Additionally, MRF also announced the date for its Annual General Meeting (AGM). "The 64th Annual General Meeting of the Company will be held on Thursday, 07th August, 2025 "through Video Conferencing/Other Audio Visual Means in accordance with the relevant circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India," MRF said in a filing. Following the announcement of the dividend record date, MRF shares were trading in the green on the BSE. MRF share price rose to the day's high of ₹ 147890, recording an upside of 1.9% over the last closing price. Despite high stock market volatility, MRF shares have delivered a 13% gain in the last one year. On a longer time frame of five and ten years, MRF stock has surged 121% and 319%, respectively, delivering multibagger gains to investors. Disclaimer: This story is for educational purposes only. The views and recommendations made above are those of individual analysts or broking companies, and not of Mint. We advise investors to check with certified experts before making any investment decisions.
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Business Standard
07-05-2025
- Business
- Business Standard
MRF Q4 result: Net profit rises 33% to ₹493 crore, dividend declared
MRF Limited on Wednesday reported a consolidated net profit of ₹492.7 crore for the quarter that ended on March 31, 2025 (Q4 FY25). This marks approximately 33 per cent rise year-on-year (Y-o-Y) from ₹370.5 crore. Sequentially, the profit spiked by 49.2 per cent from ₹330.2 crore. MRF's consolidated revenue from operations rose by 11.4 per cent to ₹7,074.8 crore from ₹6,349.4 crore in Q4 FY24. Sequentially, the revenue saw a marginal increase of 1.1 per cent from ₹7,000.82 crore. Moreover, the board of directors of the company proposed a final dividend of ₹229 per equity share, which would take the total dividend for the financial year 2024-25 to ₹235 apiece. Shares of MRF were up 3.9 per cent at ₹1,40,295.9 apiece at 2.12 pm on the BSE on Wednesday following the release of the company's fourth quarter results.
Business Upturn
07-05-2025
- Business
- Business Upturn
MRF Q4 Results: Revenue up 11.4% YoY to Rs 7,074 crore, Net Profit up 29% YoY
MRF Limited reported its financial results for the quarter and year ended March 31, 2025, with mixed performance metrics. The company posted a net profit of Rs 512.11 crore in Q4 FY25, marking a SURGE of 29% compared to Rs 396 crore in Q4 FY24. However, revenue from operations for the quarter stood at Rs 7,074.82 crore, showing a growth of 11.4% from Rs 6,349.36 crore in the same quarter last year. The company's EBITDA margin stood at approximately 15%, beating Bloomberg's estimate of 12.5%, reflecting stronger-than-expected operational efficiency despite cost pressures. Total income for the quarter was Rs 7,187.60 crore, while total expenses rose to Rs 6,526.87 crore from Rs 5,915.83 crore a year earlier. For the full year ended March 31, 2025, MRF recorded a net profit of Rs 1,869.29 crore, down from Rs 2,081.23 crore in FY24. Annual revenue rose to Rs 28,153.18 crore, up from Rs 25,169.21 crore last year. The Board of Directors recommended a final dividend of Rs 229 per share (2290%) on the face value of Rs 10. Including the two interim dividends of Rs 3 each already paid, the total dividend for FY25 amounts to Rs 235 per share (2350%). Aditya Bhagchandani serves as the Senior Editor and Writer at Business Upturn, where he leads coverage across the Business, Finance, Corporate, and Stock Market segments. With a keen eye for detail and a commitment to journalistic integrity, he not only contributes insightful articles but also oversees editorial direction for the reporting team.
