$MRF OEM demand remains stable

$MRF 1. Strong replacement tyre demand MRF continues to benefit from healthy demand in the replacement tyre market, which remains the largest contributor to revenue and profitability. Growth in vehicle ownership is supporting long-term replacement demand. 2. OEM demand remains stable The company supplies tyres to major automobile manufacturers across: Passenger vehicles Commercial vehicles Two-wheelers Off-highway vehicles Recovery in auto sales continues to support OEM volumes. 3. Raw material costs improving Investors are closely monitoring prices of: Natural rubber Synthetic rubber Crude-linked inputs Carbon black Stable raw material costs have helped support margins. 4. Premium tyre segment focus MRF continues strengthening its premium tyre portfolio across passenger cars, SUVs and performance vehicles. Premiumization remains an important profitability driver. 5. Export opportunities The company continues to expand its export footprint in multiple international markets. Export growth provides diversification beyond domestic demand. 6. Capacity expansion and modernization MRF continues investing in manufacturing efficiency, automation and capacity improvements to meet future demand. 7. Strong brand leadership The company remains one of India's most recognized tyre brands with a strong distribution and dealer network across the country. 8. Stock performance