Integrated Filing — IndAS



General information about company

Scrip Code 500290
NSE Symbol MRF
MSEI Symbol NOTLISTED
ISIN INE883A01011
Name of company MRF LIMITED
Type of company Main Board
Class of security Equity
Date of start of financial year 01-04-2025
Date of end of financial year 31-03-2026
Date of board meeting when results were approved 14-11-2025
Date on which prior intimation of the meeting for considering financial results was informed to the exchange 04-11-2025
Description of presentation currency INR
Level of rounding used in financial results Lakhs
Reporting Type Quarterly
Reporting Quarter Second quarter
Nature of report standalone or consolidated Standalone
Whether results are audited or unaudited for the quarter ended Unaudited
Whether results are audited or unaudited for the Year to date for current period ended/year ended Unaudited
Segment Reporting Single segment
Description of single segment The Company is dealing mainly in rubber products and has no other reportable segment
Start date and time of board meeting 14-11-2025   11:00:00
End date and time of board meeting 14-11-2025   12:00:00
Whether cash flow statement is applicable on company Yes
Type of cash flow statement Cash Flow Indirect
Declaration of unmodified opinion or statement on impact of audit qualification Not applicable
Whether the company has any related party? Yes
Whether the company has entered into any Related Party transaction during the selected half year for which it wants to submit disclosure? Yes
(I) We declare that the acceptance of fixed deposits by the bans/Non-Banking Finance Company are at the terms uniformly applicable/offered to all shareholders/public NA
(II) We declare that the scheduled commercial bank, as per RBI circular RBI/DBR/2015-16/19 dated March 03, 2016, has allowed additional interest of one per cent per annum, over and above the rate of interest mentioned in the schedule of interest rates on savings or a term deposits of banks staff and their exclusive associations as well as on deposits of Chairman, Chairman & Managing Director, Executive Director or such other Executives appointed for a fixed tenure. NA
Whether the company is a high value debt listed entity according to regulation 15 (1A)? No
(a) If answer to above question is Yes, whether complying with proviso to regulation 23 (9), i.e., submitting RPT disclosures on the day of results publication?
(b) If answer to above question is No, please explain the reason for not complying.
Whether the updated Related Party Transactions (RPT) Policy (in compliance with Reg. 23 of SEBI LODR) has been uploaded on the website of the Company? Yes
Latest Date on which RPT policy is updated 06-02-2025
Indicate Company website link for updated RPT policy of the Company https://www.mrftyres.com/investor-relations/policies
Whether statement on deviation or variation for proceeds of public issue, rights issue, preferential issue, qualified institutions placement etc. is applicable to the company for the current quarter? No
No. of times funds raised during the quarter
Whether the disclosure for the Default on Loans and Debt Securities is applicable to the entity? No
The Company has not made any defults on payment of Loans and Debts Securities during the period under review.



Financial Results Ind-AS

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
1 Income
Revenue from operations 7,24,968.00 14,80,996.00
Other income 10,670.00 23,219.00
Total income 7,35,638.00 15,04,215.00
2 Expenses
(a) Cost of materials consumed 4,54,323.00 9,14,056.00
(b) Purchases of stock-in-trade 1,019.00 1,628.00
(c) Changes in inventories of finished goods, work-in-progress and stock-in-trade 5,858.00 41,938.00
(d) Employee benefit expense 48,094.00 94,518.00
(e) Finance costs 7,077.00 15,293.00
(f) Depreciation, depletion and amortisation expense 44,327.00 87,022.00
(f) Other Expenses
1 Other Expenses 1,06,699.00 2,16,446.00
Total other expenses 1,06,699.00 2,16,446.00
Total expenses 6,67,397.00 13,70,901.00
3 Total profit before exceptional items and tax 68,241.00 1,33,314.00
4 Exceptional items 0.00 0.00
5 Total profit before tax 68,241.00 1,33,314.00
6 Tax expense
7 Current tax 16,031.00 31,356.00
8 Deferred tax 1,051.00 2,376.00
9 Total tax expenses 17,082.00 33,732.00
10 Net movement in regulatory deferral account balances related to profit or loss and the related deferred tax movement 0.00 0.00
11 Net Profit Loss for the period from continuing operations 51,159.00 99,582.00
12 Profit (loss) from discontinued operations before tax 0.00 0.00
13 Tax expense of discontinued operations 0.00 0.00
14 Net profit (loss) from discontinued operation after tax 0.00 0.00
15 Share of profit (loss) of associates and joint ventures accounted for using equity method 0.00 0.00
16 Total profit (loss) for period 51,159.00 99,582.00
17 Other comprehensive income net of taxes 690.00 1,844.00
18 Total Comprehensive Income for the period 51,849.00 1,01,426.00
19 Total profit or loss, attributable to
Profit or loss, attributable to owners of parent
Total profit or loss, attributable to non-controlling interests
20 Total Comprehensive income for the period attributable to
Comprehensive income for the period attributable to owners of parent
Total comprehensive income for the period attributable to owners of parent non-controlling interests
21 Details of equity share capital
Paid-up equity share capital 424.00 424.00
Face value of equity share capital 10 10
27 Details of debt securities
22 Reserves excluding revaluation reserve
23 Earnings per share
i Earnings per equity share for continuing operations
Basic earnings (loss) per share from continuing operations 1206.26 2348
Diluted earnings (loss) per share from continuing operations 1206.26 2348
ii Earnings per equity share for discontinued operations
Basic earnings (loss) per share from discontinued operations 0 0
Diluted earnings (loss) per share from discontinued operations 0 0
ii Earnings per equity share
Basic earnings (loss) per share from continuing and discontinued operations 1206.26 2348
Diluted earnings (loss) per share from continuing and discontinued operations 1206.26 2348
24 Debt equity ratio
25 Debt service coverage ratio
26 Interest service coverage ratio
27 Disclosure of notes on financial results Textual Information(1)



Disclosure of notes on financial results

Textual Information(1) For notes kinldy refer corporate announcement



Remarks

Debt equity ratio
Debt service coverage ratio
Interest service coverage ratio


Statement of Asset and Liabilities

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
Date of start of reporting period 01-04-2025
Date of end of reporting period 30-09-2025
Whether results are audited or unaudited Unaudited
Nature of report standalone or consolidated Standalone
Assets
1 Non-current assets
Property, plant and equipment 13,00,285.00
Capital work-in-progress 94,758.00
Investment property
Goodwill 0.00
Other intangible assets 1,997.00
Intangible assets under development
Biological assets other than bearer plants
Investments accounted for using equity method
Non-current financial assets
Non-current investments 53,754.00
Trade receivables, non-current
Loans, non-current 334.00
Other non-current financial assets 95,837.00
Total non-current financial assets 1,49,925.00
Deferred tax assets (net) 21,106.00
Other non-current assets 36,798.00
Total non-current assets 16,04,869.00
2 Current assets
Inventories 5,30,049.00
Current financial asset
Current investments 4,03,809.00
Trade receivables, current 3,48,450.00
Cash and cash equivalents 8,660.00
Bank balance other than cash and cash equivalents 35,685.00
Loans, current 800.00
Other current financial assets 8,487.00
Total current financial assets 8,05,891.00
Current tax assets (net)
Other current assets 40,911.00
Total current assets 13,76,851.00
3 Non-current assets classified as held for sale
4 Regulatory deferral account debit balances and related deferred tax Assets
Total assets 29,81,720.00
Equity and liabilities
1 Equity
Equity attributable to owners of parent
Equity share capital 424.00
Other equity 19,08,877.00
Total equity attributable to owners of parent 19,09,301.00
Non controlling interest
Total equity 19,09,301.00
2 Liabilities
Non-current liabilities
Non-current financial liabilities
Borrowings, non-current 17,523.00
Trade payables, non-current
(A) Total outstanding dues of micro enterprises and small enterprises
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises
Total Trade payable
Other non-current financial liabilities 72,284.00
Total non-current financial liabilities 89,807.00
Provisions, non-current 30,585.00
Deferred tax liabilities (net) 48,645.00
Deferred government grants, Non-current
Other non-current liabilities 21,314.00
Total non-current liabilities 1,90,351.00
Current liabilities
Current financial liabilities
Borrowings, current 1,08,237.00
Trade payables, current
(A) Total outstanding dues of micro enterprises and small enterprises 3,777.00
(B) Total outstanding dues of creditors other than micro enterprises and small enterprises 4,10,733.00
Total Trade payable 4,14,510.00
Other current financial liabilities 46,712.00
Total current financial liabilities 5,69,459.00
Other current liabilities 2,72,092.00
Provisions, current 40,517.00
Current tax liabilities (Net)
Deferred government grants, Current
Total current liabilities 8,82,068.00
3 Liabilities directly associated with assets in disposal group classified as held for sale
4 Regulatory deferral account credit balances and related deferred tax liability
Total liabilities 10,72,419.00
Total equity and liabilites 29,81,720.00
Disclosure of notes on assets and liabilities



Format for Reporting Segment wise Revenue, Results and Capital Employed along with the company results

Amount in (Lakhs)

Particulars 3 months/ 6 month ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
Date of start of reporting period 01-07-2025 01-04-2025
Date of end of reporting period 30-09-2025 30-09-2025
Whether results are audited or unaudited Unaudited Unaudited
Nature of report standalone or consolidated Standalone Standalone
1 Segment Revenue (Income)
(net sale/income from each segment should be disclosed)
Total Segment Revenue
Less: Inter segment revenue
Revenue from operations
2 Segment Result
Profit (+) / Loss (-) before tax and interest from each segment
Total Profit before tax
i. Finance cost
ii. Other Unallocable Expenditure net off Unallocable income
Profit before tax
3 (Segment Asset - Segment Liabilities)
Segment Asset
Total Segment Asset
Un-allocable Assets null null
Net Segment Asset null null
4 Segment Liabilities
Segment Liabilities
Total Segment Liabilities
Un-allocable Liabilities null null
Net Segment Liabilities null null
Disclosure of notes on segments



Other Comprehensive Income

Amount in (Lakhs)

Particulars 3 months/ 6 months ended (dd-mm-yyyy) Year to date figures for current period ended (dd-mm-yyyy)
A Date of start of reporting period 01-07-2025 01-04-2025
B Date of end of reporting period 30-09-2025 30-09-2025
C Whether results are audited or unaudited Unaudited Unaudited
D Nature of report standalone or consolidated Standalone Standalone
Other comprehensive income [Abstract]
1 Amount of items that will not be reclassified to profit and loss
Total Amount of items that will not be reclassified to profit and loss
2 Income tax relating to items that will not be reclassified to profit or loss 0.00 240.00
3 Amount of items that will be reclassified to profit and loss
Total Amount of items that will be reclassified to profit and loss
4 Income tax relating to items that will be reclassified to profit or loss (690.00) (2,084.00)
5 Total Other comprehensive income 690.00 1,844.00



Cash flow statement, indirect

Amount in (Lakhs)

Particulars Year ended (dd-mm-yyyy)
A Date of start of reporting period 01-04-2025
B Date of end of reporting period 30-09-2025
C Whether results are audited or unaudited Unaudited
D Nature of report standalone or consolidated Standalone
Statement of cash flows
Cash flows from used in operating activities
Profit before tax 1,33,314.00
Adjustments for reconcile profit (loss)
Adjustments for finance costs 15,293.00
Adjustments for decrease (increase) in inventories 23,885.00
Adjustments for decrease (increase) in trade receivables, current (17,580.00)
Adjustments for decrease (increase) in trade receivables, non-current 0.00
Adjustments for decrease (increase) in other current assets (15,232.00)
Adjustments for decrease (increase) in other non-current assets 0.00
Adjustments for other financial assets, non-current 0.00
Adjustments for other financial assets, current 0.00
Adjustments for other bank balances 0.00
Adjustments for increase (decrease) in trade payables, current 13,349.00
Adjustments for increase (decrease) in trade payables, non-current 0.00
Adjustments for increase (decrease) in other current liabilities (9,612.00)
Adjustments for increase (decrease) in other non-current liabilities 0.00
Adjustments for depreciation and amortisation expense 87,022.00
Adjustments for impairment loss reversal of impairment loss recognised in profit or loss 0.00
Adjustments for provisions, current 7,021.00
Adjustments for provisions, non-current 0.00
Adjustments for other financial liabilities, current 0.00
Adjustments for other financial liabilities, non-current 0.00
Adjustments for unrealised foreign exchange losses gains (156.00)
Adjustments for dividend income 27.00
Adjustments for interest income 6,744.00
Adjustments for share-based payments 0.00
Adjustments for fair value losses (gains) (9,337.00)
Adjustments for undistributed profits of associates 0.00
Other adjustments for which cash effects are investing or financing cash flow (70.00)
Other adjustments to reconcile profit (loss) 0.00
Other adjustments for non-cash items 0.00
Share of profit and loss from partnership firm or association of persons or limited liability partnerships 0.00
Total adjustments for reconcile profit (loss) 87,812.00
Net cash flows from (used in) operations 2,21,126.00
Dividends received 0.00
Interest paid 0.00
Interest received 0.00
Income taxes paid (refund) 19,533.00
Other inflows (outflows) of cash 0.00
Net cash flows from (used in) operating activities 2,01,593.00
Cash flows from used in investing activities
Cash flows from losing control of subsidiaries or other businesses 0.00
Cash flows used in obtaining control of subsidiaries or other businesses 0.00
Other cash receipts from sales of equity or debt instruments of other entities 0.00
Other cash payments to acquire equity or debt instruments of other entities 0.00
Other cash receipts from sales of interests in joint ventures 0.00
Other cash payments to acquire interests in joint ventures 0.00
Cash receipts from share of profits of partnership firm or association of persons or limited liability partnerships 0.00
Cash payment for investment in partnership firm or association of persons or limited liability partnerships 0.00
Proceeds from sales of property, plant and equipment 104.00
Purchase of property, plant and equipment 61,842.00
Proceeds from sales of investment property 62,500.00
Purchase of investment property 50,140.00
Proceeds from sales of intangible assets 0.00
Purchase of intangible assets 0.00
Proceeds from sales of intangible assets under development 0.00
Purchase of intangible assets under development 0.00
Proceeds from sales of goodwill 0.00
Purchase of goodwill 0.00
Proceeds from biological assets other than bearer plants 0.00
Purchase of biological assets other than bearer plants 0.00
Proceeds from government grants 0.00
Proceeds from sales of other long-term assets 0.00
Purchase of other long-term assets 0.00
Cash advances and loans made to other parties 1,024.00
Cash receipts from repayment of advances and loans made to other parties 1,118.00
Cash payments for future contracts, forward contracts, option contracts and swap contracts 0.00
Cash receipts from future contracts, forward contracts, option contracts and swap contracts 0.00
Dividends received 27.00
Interest received 7,907.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash (1,12,382.00)
Net cash flows from (used in) investing activities (1,53,732.00)
Cash flows from used in financing activities
Proceeds from changes in ownership interests in subsidiaries 0.00
Payments from changes in ownership interests in subsidiaries 0.00
Proceeds from issuing shares 0.00
Proceeds from issuing other equity instruments 0.00
Payments to acquire or redeem entity's shares 0.00
Payments of other equity instruments 0.00
Proceeds from exercise of stock options 0.00
Proceeds from issuing debentures notes bonds etc 0.00
Proceeds from borrowings (13,393.00)
Repayments of borrowings 20,054.00
Payments of lease liabilities 9,548.00
Dividends paid 9,712.00
Interest paid 10,920.00
Income taxes paid (refund) 0.00
Other inflows (outflows) of cash 79.00
Net cash flows from (used in) financing activities (63,548.00)
Net increase (decrease) in cash and cash equivalents before effect of exchange rate changes (15,687.00)
Effect of exchange rate changes on cash and cash equivalents
Effect of exchange rate changes on cash and cash equivalents (14.00)
Net increase (decrease) in cash and cash equivalents (15,701.00)
Cash and cash equivalents cash flow statement at beginning of period 24,361.00
Cash and cash equivalents cash flow statement at end of period 8,660.00





Amount in (Lakhs)

Format for Disclosure of Related Party Transactions (applicable only for half-yearly filings i.e., 2nd and 4th quarter)

Sr No. Additional disclosure of related party transactions - applicable only in case the related party transaction relates to loans, inter-corporate deposits, advances or investments made or given by the listed entity/subsidiary. These details need to be disclosed only once, during the reporting period when such transaction was undertaken.
Details of the party (listed entity/subsidiary) entering into the transaction Details of the counterparty Type of related party transaction Details of other related party transaction Value of the related party transaction as approved by the audit committee Remarks on approval by audit committee Value of the related party transaction ratified by the audit committee Date of Audit Committee Meeting where the ratification was approved Value of transaction during the reporting period In case monies are due to either party as a result of the transaction In case any financial indebtedness is incurred to make or give loans, inter-corporate deposits, advances or investments Details of the loans, inter-corporate deposits, advances or investments Notes
Name PAN Name PAN Relationship of the counterparty with the listed entity or its subsidiary Opening balance Closing balance Nature of indebtedness (loan/ issuance of debt/ any other etc.) Details of other indebtedness Cost Tenure Nature (loan/ advance/ intercorporate deposit/ investment ) Interest Rate (%) Tenure Secured/ unsecured Purpose for which the funds will be utilised by the ultimate recipient of funds (endusage)
1 MRF Limited MRF Corp Ltd Subsidiary Company Purchase of goods or services 300.00 NA 126.00 (30.00) (19.00)
2 MRF Limited MRF Corp Ltd Subsidiary Company Any other transaction Receipt of Rent 9.00 NA 9.00 8.00 4.00
3 MRF Limited MRF Corp Ltd Subsidiary Company Any other transaction Reimbursement of Expenses 300.00 NA 213.00 124.00 87.00
4 MRF Limited MRF Lanka (P) Ltd. Subsidiary Company Sale of goods or services 100.00 NA 55.00 33.00 28.00
5 MRF Limited MRF SG PTE. LTD. Subsidiary Company Purchase of goods or services 2,00,000.00 NA 1,77,702.00 (1,30,224.00) (1,53,054.00)
6 MRF Limited Mr. K M Mammen Key Management Personnel (KMP) Remuneration NA 1,651.00 (1,307.00) (672.00)
7 MRF Limited Mr. Arun Mammen Key Management Personnel (KMP) Remuneration NA 1,392.00 (1,224.00) (630.00)
8 MRF Limited Mr. Rahul Mammen Mappillai Key Management Personnel (KMP) Remuneration NA 1,230.00 (1,088.00) (562.00)
9 MRF Limited Mr.Samir Thariyan Mappillai Key Management Personnel (KMP) Remuneration NA 636.00 (486.00) (261.00)
10 MRF Limited Mr.Varun Mammen Key Management Personnel (KMP) Remuneration NA 637.00 (486.00) (261.00)
11 MRF Limited Mr.Madhu P Nainan Key Management Personnel (KMP) Remuneration NA 151.00 0.00 0.00
12 MRF Limited Mr.S. Dhanvanth Kumar Key Management Personnel (KMP) Remuneration NA 136.00 0.00 0.00
13 MRF Limited Mrs. Meera Mammen Close Members of the family of KMP Remuneration NA 209.00 0.00 0.00
14 MRF Limited Mrs. Ambika Mammen Close Members of the family of KMP Any other transaction Sitting Fees NA 1.00 0.00 0.00
15 MRF Limited Dr.(Mrs) Cibi Mammen Close Members of the family of KMP Any other transaction Sitting Fees NA 1.00 0.00 0.00
16 MRF Limited Devon Machines Pvt Ltd Companies in which Director's are Interested Purchase of goods or services 1,000.00 NA 755.00 (116.00) (35.00)
17 MRF Limited Devon Machines Pvt Ltd Companies in which Director's are Interested Purchase of fixed assets 1,000.00 NA 263.00 (3.00) (159.00)
18 MRF Limited Coastal Rubber Equipments Pvt Ltd Companies in which Director's are Interested Purchase of goods or services 4,000.00 NA 3,483.00 (769.00) (711.00)
19 MRF Limited Coastal Rubber Equipments Pvt Ltd Companies in which Director's are Interested Purchase of fixed assets 3,000.00 NA 2,405.00 302.00 43.00
20 MRF Limited Coastal Rubber Equipments Pvt Ltd Companies in which Director's are Interested Any other transaction Receipt of Rent 40.00 NA 40.00 7.00 7.00
21 MRF Limited Braga Industries LLP Companies in which Director's are Interested Purchase of goods or services 1,000.00 NA 732.00 (161.00) (18.00)
22 MRF Limited Braga Industries LLP Companies in which Director's are Interested Purchase of fixed assets 8,000.00 NA 7,582.00 (1,503.00) (1,007.00)
23 MRF Limited Funskool (India) Ltd Companies in which Director's are Interested Sale of goods or services 10.00 NA 3.00 0.00 0.00
24 MRF Limited Jcee Manufacturing & Services Pvt Ltd Companies in which Director's are Interested Purchase of goods or services 150.00 NA 100.00 0.00 0.00
25 MRF Limited Funskool (India) Ltd Companies in which Director's are Interested Purchase of goods or services 200.00 NA 81.00 0.00 0.00
26 MRF Limited Funskool (India) Ltd Companies in which Director's are Interested Any other transaction Receipt of Rent 106.00 NA 106.00 21.00 22.00
27 MRF Limited The Malayala Manorama Co Private Limited Companies in which Director's are Interested Purchase of goods or services 500.00 NA 250.00 0.00 0.00
28 MRF Limited MRF Ltd Executives Provident Fund Trust Other Related Parties Any other transaction Contribution payment NA 919.00 (150.00) (162.00)
29 MRF Limited MRF Management Staff Gratuity Scheme Other Related Parties Any other transaction Contribution payment NA 0.00 (1,570.00) (2,404.00)
30 MRF Limited MRF Employees Gratuity Scheme, Other Related Parties Any other transaction Contribution payment NA 0.00 (1,969.00) (3,015.00)
31 MRF Limited MRF Foundation Other Related Parties Any other transaction Contribution payment NA 1,192.00 (2.00) 0.00
32 MRF Limited Mr.Zachariah Kuriyan Other Related Parties Purchase of goods or services NA 3.00 0.00 0.00
33 MRF Limited Mr.George Mammen Other Related Parties Purchase of goods or services NA 3.00 0.00 0.00
34 MRF Limited Tarapore and Company Companies in which Director's are Interested Purchase of goods or services 145.00 NA 145.00 109.00 111.00
35 MRF Limited Tarapore Constructions Private Limited Companies in which Director's are Interested Purchase of goods or services 39.00 NA 39.00 33.00 33.00
36 MRF Limited The J.H Tarapore Foundation Companies in which Director's are Interested Purchase of goods or services 34.00 NA 34.00 22.00 22.00
37 MRF Limited Narbod Construcations Private Limited Companies in which Director's are Interested Sale of goods or services 10.00 NA 4.00 0.00 0.00
38 MRF Limited AUTOMOTIVE TYRE MANUFACTURERS ASSOCIATION Companies in which Director's are Interested Purchase of goods or services 300.00 NA 258.00 0.00 117.00
39 MRF Limited SICGIL India Limited Companies in which Director's are Interested Purchase of goods or services 400.00 NA 297.00 0.00 (8.00)
40 MRF Limited MRF Foundation Companies in which Director's are Interested Sale of goods or services 10.00 NA 5.00 0.00 1.00
41 MRF Limited Coastal Rubber Equipments Pvt Ltd Companies in which Director's are Interested Sale of goods or services 100.00 NA 13.00 0.00 0.00
42 MRF Limited Badra Estate & Industries Limited Companies in which Director's are Interested Sale of goods or services 0.00 NA 0.00 0.00 0.00
43 MRF Limited MRF Managers' Superannuation Scheme Other Related Parties Any other transaction Contribution payment NA 2,649.00 0.00 0.00
44 MRF Corp Ltd Tarapore and Company Related Party of the Holding Company Any other transaction Payment of Rent 18.00 NA 18.00 0.00 0.00
45 MRF Corp Ltd M M Publications Limited Related Party of the Holding Company Purchase of goods or services 100.00 NA 18.00 (2.00) (4.00)
Total value of transaction during the reporting period 2,05,546.00