MRF Ltd (Madras Rubber Factory) is India’s largest tyre manufacturer and one of the most respected brands in the automotive sector.
It is known for premium tyres, strong market share, and consistent cash flow.
🏭 Business Segments
1) Tyres (Core Business)
Passenger vehicle tyres
Truck & bus tyres
Two-wheeler tyres
Off-road / farm tyres
It holds a leading market share in India across multiple categories.
2) Other Products
Rubber conveyor belts
Pretreads (tread rubber)
Toys & paints (small part of business) through Funskool and MRF Paints
🌍 Plants & Distribution
Multiple manufacturing plants across India (Tamil Nadu, Kerala, Gujarat, Telangana, Goa, Puducherry etc.)
Large dealer & retailer network covering urban + rural
Also exports tyres to global markets
📈 Financial Highlights
High revenue & stable profitability
Strong brand pricing power
Generally low debt
Historically high stock price compared to most companies
MRF is well-known for being one of the highest priced shares on the Indian stock market with long-term compounding.