MRF Ltd Share Price

MRF Limited is India's largest tyre manufacturer and ranked amongst the top 15 Global Manufacturers with 10 state-of-the-art factories across India with an expansive tyre range from two-wheelers to fighter aircrafts. The company's manufacturing facilities are located at Trichy, Tiruvottiyur and Arakonam in Tamil Nadu, Kottayam in Kerala, Ponda in Goa, Medak in Andhra Pradesh and Union Territory of Pondicherry. The Company is the ultimate parent of MRF Group. MRF Ltd was established in the year 1946 by K M Mammen Mappillai as a small toy ballon unit. Much later on November 05, 1960, the Company converted into Public Limited after which it started manufacture of automotive tyres and tubes. In the year 1964, the Company commissioned their main plant. Also, they established an overseas office at Beirut, Lebanon to tap the export market. In the year 1967, the Company became the first Indian company to export tyres to USA. In 1989 the company collaborated with Hasbro International USA, the world's largest toy maker and launched Funskool India. Also, they entered into a pact with Vapocure of Australia to manufacture polyurethane paint formulations and with Pirelli for MUSCLEFLEX conveyor and elevator belting. In the year 1996, they set up a factory dedicated entirely for the manufacture of radial tyres at Pondicherry. In the year 2004, the company made a tie up with Maruti Udyog to boost motorsports in India. During the year 2004-05, the product range of the company expanded with Go-kart & Rally tyres and tyres for two/three wheelers. The company received the TOP Export Awards from CAPEXIL as well as AIRIA for the period ended 2005. In the year 2007, the company launched premium truck tyre Super Lug 50-FS. In May 2008, the company signed the memorandum of understanding (MoU) with government of Tamil Nadu for the new MRF plant to be located at Perambulur and also for expansion of their existing plants in Tamil Nadu. During the year 2009-10, the company increased the installed capacity of Automobile Tyres from 28,450,000 Nos to 31,700,000 Nos. Also, they increased the installed capacity of Automobile Tubes from 29,700,000 Nos to 31,600,000 Nos. They launched two popular tyres, namely MRF Meteor, a bike tyre for both tarmac and dirt; and the MRF Steel Muscle S3K4 truck radials for better mileage on diverse road conditions. Also, they completed the Ankenpally project at Medak district, Andhra Pradesh. During the year 2010-11, the company launched new products namely MRF Z.L.O, MRF Meteor M and MRF Steel Muscle 53C8. The company hived off the Speciality Coatings division to MRF Corp Ltd, a 100% subsidiary of the company with effect from April 1, 2011. In 2011, MRF commissioned its 8th plant for the production of conventional tyres in Trichy, Tamil Nadu. In 2012, MRF commissioned its 9th plant in Trichy, Tamil Nadu solely for the manufacture of Radial Tyres. In year 2022, the Company launched MRF Markus of tyres for Luxury SUVs on the Skoda Kodiaq and the Mahindra Alturas. It launched Zapper C1 TL, Zapper V TL, REVZ MG TL, MRK-X Plus N20 TT, MRK- E3 for the two-wheeler tyre. The greenfield site at Aanambakkam near Chengalpattu started trial production of Solvent Based products. During the year 2022-23, the Company introduced launched MRF Super Miler 99 Plus, MRF Super Lug Fifty Plus R brand, MRF Savari Extra. It launched W' rated Steel belted motorcycle radial tyres under the brand name 'Steel Brace'. Further, it launched a range of farm radial tyres at the Agritechnica show in Hanover, Germany in November, 2023. MRF launched a 20 inch Ultra High Performance (UHP) tyre for the first time in India engineered with Acoustic Foam Technology (AFT) for low noise in FY 2025. Savari Lug Extra was launched as a premium addition to the existing Savari Lug Star range. In FY26, Company became the first in India to supply 20-inch rim size tyres in the OE segment for domestic PVs and by introducing advanced technologies such as acoustic foam tyres for EVs leading to enhanced in-cabin comfort through noise reduction. Notable launches for the commercial vehicle tyres during the year 2026 were MRF Musclerok Steer, MRF Super Lug 001, MRF Pretreads. The International business division launched Farm Muscle 65, MRF Musclegrip, MRF Musclerok Xtra, SCV Tyres for E-Rickshaws. New product launches for Superbike & Sports Bike Tyres were MRF Steel Brace SP-01, MRF Revz Steel SR-01 and many more.