MRF Limited (MRF) - Total Assets
Based on the latest financial reports, MRF Limited (MRF) holds total assets worth Rs319.54 Billion INR (≈ $3.46 Billion USD) as of March 2026. 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. Check MRF Limited cash flow reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
MRF Limited - Total Assets Trend (2004–2026)
This chart illustrates how MRF Limited's total assets have evolved over time, based on quarterly financial data. Explore MRF long-term investments to assets to see how much of total assets are deployed in long-term investments.
MRF Limited - Asset Composition Analysis
Current Asset Composition (March 2026)
MRF Limited's total assets of Rs319.54 Billion consist of 46.4% current assets and 53.6% non-current assets.
| Asset Category | Amount (INR) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | Rs0.00 | 6.8% |
| Accounts Receivable | Rs35.45 Billion | 11.1% |
| Inventory | Rs54.17 Billion | 17.0% |
| Property, Plant & Equipment | Rs0.00 | 0.0% |
| Intangible Assets | Rs219.00 Million | 0.1% |
| Goodwill | Rs0.00 | 0.0% |
Asset Composition Trend (2004–2026)
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. For live market cap, price, and company overview, see MRF Limited (MRF) total market value.
Key Asset Composition Facts
- Current vs. Non-Current Assets: MRF Limited's current assets represent 46.4% of total assets in 2026, a decrease from 62.5% in 2004.
- Cash Position: Cash and equivalents constituted 6.8% of total assets in 2026, up 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 inventory at 17.0% 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 |
|---|---|---|
|
Bridgestone Corporation
F:BGTA
|
Germany | €5.75 Trillion |
|
CONTINENTAL AG ADR 1/10
F:CONA
|
Germany | €17.79 Billion |
|
Balkrishna Industries Limited
NSE:BALKRISIND
|
India | Rs165.05 Billion |
|
Xiangyang Changyuan Donggu Industry Co Ltd
SHG:603950
|
China | CN¥5.96 Billion |
|
Ningbo Kbe Electrical Technology Co
SHE:300863
|
China | CN¥4.15 Billion |
|
Shenzhen Changhong Tech
SHE:300151
|
China | CN¥2.68 Billion |
|
NINGBO HENGSHUAI Co. LTD.
SHE:300969
|
China | CN¥1.98 Billion |
|
Kunshan Huguang Auto Harness Co Ltd
SHG:605333
|
China | CN¥8.27 Billion |
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 | 1.65 | 1.50 | 1.43 |
| Quick Ratio | 1.04 | 0.87 | 1.02 |
| Cash Ratio | 0.00 | 0.04 | 0.00 |
| Working Capital | Rs58.10 Billion | Rs44.37 Billion | Rs31.00 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 | 2.63 |
| Latest Market Cap to Assets Ratio | 0.02 |
| Asset Growth Rate (YoY) | 8.1% |
| Total Assets | Rs319.54 Billion |
| Market Capitalization | $5.97 Billion USD |
Valuation Analysis
Below Book Valuation: The market values MRF Limited's assets below their book value (0.02x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: MRF Limited's assets grew by 8.1% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for MRF Limited (2004–2026)
The table below shows the annual total assets of MRF Limited from 2004 to 2026.
| Year | Total Assets | Change |
|---|---|---|
| 2026-03-31 | Rs319.54 Billion ≈ $3.46 Billion |
+8.07% |
| 2025-03-31 | Rs295.67 Billion ≈ $3.20 Billion |
+10.12% |
| 2024-03-31 | Rs268.49 Billion ≈ $2.90 Billion |
+10.18% |
| 2023-03-31 | Rs243.69 Billion ≈ $2.64 Billion |
+5.68% |
| 2022-03-31 | Rs230.60 Billion ≈ $2.49 Billion |
+2.12% |
| 2021-03-31 | Rs225.82 Billion ≈ $2.44 Billion |
+16.15% |
| 2020-03-31 | Rs194.42 Billion ≈ $2.10 Billion |
+5.43% |
| 2019-03-31 | Rs184.41 Billion ≈ $1.99 Billion |
+11.91% |
| 2018-03-31 | Rs164.78 Billion ≈ $1.78 Billion |
+9.25% |
| 2017-03-31 | Rs150.83 Billion ≈ $1.63 Billion |
+13.46% |
| 2016-03-31 | Rs132.93 Billion ≈ $1.44 Billion |
+35.18% |
| 2014-03-31 | Rs98.34 Billion ≈ $1.06 Billion |
+18.78% |
| 2013-03-31 | Rs82.79 Billion ≈ $895.34 Million |
+14.54% |
| 2012-03-31 | Rs72.28 Billion ≈ $781.66 Million |
+14.27% |
| 2011-03-31 | Rs63.25 Billion ≈ $684.02 Million |
+57.55% |
| 2010-03-31 | Rs40.15 Billion ≈ $434.17 Million |
+45.31% |
| 2009-03-31 | Rs27.63 Billion ≈ $298.78 Million |
-18.07% |
| 2008-03-31 | Rs33.72 Billion ≈ $364.69 Million |
+33.55% |
| 2007-03-31 | Rs25.25 Billion ≈ $273.08 Million |
+21.69% |
| 2006-03-31 | Rs20.75 Billion ≈ $224.41 Million |
+10.44% |
| 2005-03-31 | Rs18.79 Billion ≈ $203.19 Million |
+11.43% |
| 2004-03-31 | Rs16.86 Billion ≈ $182.35 Million |
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About 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