MRF shares skyrockets 10% after announcing its Q3 results; Check details

Synopsis: MRF Limited reports 14.99% YoY revenue growth and a 119.31% YoY surge in net profit in Q3 FY26 results, along with announcing a second interim dividend of Rs. 3 per share.

This Mid-cap Tyre Stock, engaged in manufacturing tyres for cars, trucks, bikes, tractors, and aircraft, plus treads, tubes, conveyor belts, paints, and toys, jumped 10.42 percent after the company reported strong December quarterly results with a 119.31 percent YoY increase in net profit.

With a market capitalization of Rs. 61,454.16 crores, the share of MRF Limited has reached an intraday high of Rs. 1,49,000 per equity share, rising nearly 10.42 percent from its previous day’s close price of Rs. 1,34,933.55. Since then, the stock has retreated and is currently trading at Rs. 1,48,080 per equity share. 

Q3 FY26 Result

Coming into the quarterly results of MRF Limited, the company’s consolidated revenue from operations increased by 14.99 percent YOY, from Rs. 7,000.82 crore in Q3 FY25 to Rs. 8,050.43 crore in Q3 FY26, and grew by 9.10 percent QoQ from Rs. 7,378.72 crore in Q2 FY26.

In Q3 FY26, MRF Limited’s consolidated net profit increased by 119.31 percent YOY, reaching Rs. 691.83 crore compared to Rs. 315.46 crore during the same period last year. As compared to Q2 FY26, the net profit has increased by 31.62 percent, from Rs. 525.64 crore.

The basic earnings per share increased by 119.31 percent and stood at Rs. 1,631.23 as against Rs. 743.80 recorded in the same quarter in the previous year, FY2025. MRF Limited’s revenue and net profit have grown at a CAGR of 13.38 percent and 40.84 percent, respectively, over the last three years.

In terms of return ratios, the company’s ROCE and ROE stand at 13.6 percent and 10.6 percent, respectively. MRF Limited has an earnings per share (EPS) of Rs. 4,371, and its debt-to-equity ratio is 0.19x.

Dividend: MRF Limited’s board of directors has recommended paying a second interim dividend at the rate of 30 percent on the face value of paid-up equity shares of Rs. 10 each for the financial year 2025-26, which is a dividend of Rs. 3 per equity share. 

The record date for payment of the Second Interim Dividend shall be Friday, 13th February, 2026. The Second Interim Dividend declared will be paid on or after Friday, 27th February, 2026

MRF Limited was founded in 1946 as a toy balloon unit by K.M. Mammen Mappillai, originally Madras Rubber Factory. MRF Limited leads India’s tyre manufacturing sector from its Chennai headquarters, producing high-performance tyres for passenger cars, trucks, two-wheelers, tractors, off-road vehicles, and even aircraft.  The company also crafts rubber products like treads, tubes, conveyor belts, paints, and toys, serving OEMs, aftermarket demands, and exports to over 65 countries.

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