MRF Limited
MRF Limited, together with its subsidiaries, engages in the manufacture and sale of rubber products in India and internationally. The company provides tires for passenger cars, two wheelers, fighter aircraft, farm, trucks, OTR, SCV, LCV, pick up, three wheeler, MCV, ICV, and tubes and valves products; rubber products, such as tubes, flaps, and tread rubber products; and manufactures specialty coa… Read more
MRF Limited (MRF) - Total Assets
Latest total assets as of September 2025: ₹303.20 Billion INR
Based on the latest financial reports, MRF Limited (MRF) holds total assets worth ₹303.20 Billion INR as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
MRF Limited - Total Assets Trend (2004–2025)
This chart illustrates how MRF Limited’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
MRF Limited - Asset Composition Analysis
Current Asset Composition (March 2025)
MRF Limited's total assets of ₹303.20 Billion consist of 45.3% current assets and 54.7% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | ₹1.80 Billion | 1.3% |
| Accounts Receivable | ₹33.75 Billion | 11.4% |
| Inventory | ₹56.25 Billion | 19.0% |
| Property, Plant & Equipment | ₹143.68 Billion | 48.6% |
| Intangible Assets | ₹213.30 Million | 0.1% |
| Goodwill | ₹0.00 | 0.0% |
Asset Composition Trend (2004–2025)
This chart illustrates how MRF Limited's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MRF Limited's current assets represent 45.3% of total assets in 2025, a decrease from 62.5% in 2004.
- Cash Position: Cash and equivalents constituted 1.3% of total assets in 2025, down from 2.2% in 2004.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, a decrease from 25.0% in 2004.
- Asset Diversification: The largest asset category is property, plant & equipment at 48.6% of total assets.
MRF Limited Competitors by Total Assets
Key competitors of MRF Limited based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
iQ International AG
F:IQL
|
Germany | €35.73 Million |
|
Metaterra Corp.
PINK:MTRC
|
USA | $54.63K |
|
Daewonkangup
KO:000430
|
Korea | ₩1.39 Trillion |
|
Wanxiang Qianchao Co Ltd
SHE:000559
|
China | CN¥24.64 Billion |
|
Weifu High-Technology Group Co Ltd
SHE:000581
|
China | CN¥29.08 Billion |
|
Gui Zhou Tyre Co Ltd
SHE:000589
|
China | CN¥18.30 Billion |
|
Qingdao Doublestar Co Ltd
SHE:000599
|
China | CN¥9.23 Billion |
|
Hengli Industrial Development Group Co Ltd
SHE:000622
|
China | CN¥481.53 Million |
MRF Limited - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Strong asset utilization - MRF Limited generates 0.95x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Solid ROA - For every $100 in assets, MRF Limited generates $6.32 in net profit.
MRF Limited - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.58 | 1.42 | 1.51 |
| Quick Ratio | 0.98 | 0.81 | 1.15 |
| Cash Ratio | 0.06 | 0.03 | 0.00 |
| Working Capital | ₹52.13 Billion | ₹ 36.05 Billion | ₹ 33.53 Billion |
MRF Limited - Advanced Valuation Insights
This section examines the relationship between MRF Limited's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.94 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 10.1% |
| Total Assets | ₹295.67 Billion |
| Market Capitalization | $3.76 Billion USD |
Valuation Analysis
Below Book Valuation: The market values MRF Limited's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: MRF Limited's assets grew by 10.1% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for MRF Limited (2004–2025)
The table below shows the annual total assets of MRF Limited from 2004 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-03-31 | ₹295.67 Billion | +10.12% |
| 2024-03-31 | ₹268.49 Billion | +10.18% |
| 2023-03-31 | ₹243.69 Billion | +5.68% |
| 2022-03-31 | ₹230.60 Billion | +2.12% |
| 2021-03-31 | ₹225.82 Billion | +16.15% |
| 2020-03-31 | ₹194.42 Billion | +5.43% |
| 2019-03-31 | ₹184.41 Billion | +11.91% |
| 2018-03-31 | ₹164.78 Billion | +9.25% |
| 2017-03-31 | ₹150.83 Billion | +13.46% |
| 2016-03-31 | ₹132.93 Billion | +35.18% |
| 2014-03-31 | ₹98.34 Billion | +18.78% |
| 2013-03-31 | ₹82.79 Billion | +14.54% |
| 2012-03-31 | ₹72.28 Billion | +14.27% |
| 2011-03-31 | ₹63.25 Billion | +57.55% |
| 2010-03-31 | ₹40.15 Billion | +45.31% |
| 2009-03-31 | ₹27.63 Billion | -18.07% |
| 2008-03-31 | ₹33.72 Billion | +33.55% |
| 2007-03-31 | ₹25.25 Billion | +21.69% |
| 2006-03-31 | ₹20.75 Billion | +10.44% |
| 2005-03-31 | ₹18.79 Billion | +11.43% |
| 2004-03-31 | ₹16.86 Billion | -- |