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MRF LTD
MRF LTD
MRF LTD
is the first Indian company to export tyres to the US, the very birthplace of
tyre technology. It is the first company in India to manufacture and market Nylon tyres
passenger tyres commercially. In 2004, the company's turnover crossed INR 30 billion
mark. The company was given the title of most ethical company by 'Business World'
magazine after a survey conducted in 1999.
Quick Facts
Founder K. M. Mammen Mappillai
Country India
Year of Establishment 1946 as a toy factory
Industry Tyre Manufacturing
Listings & its codes NSE: MRF; BSE: 500290
Registered Office 124, Greams Road
Chennai - 600 006
India
Tel.: +(91)-(44)-28292777
Fax: +(91)-(44)-28291844/ 0562
Website www.mrftyres.com
Related Website www.mrf-exports.com (MRF Exports)
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Segment and Brands
Truck / Bus Tyres
Light Commercial, Jeep & Utility Vehicle Tyres
Passenger Cars Tyres
Off the road tyres
Two-Wheelers Tyres
Farm Service Tyres
Financials of MRF
(Rupees in Crores)
(Rs. in
2005 2004 2003 2002 2001 2000 1999 1998 1997 1996
Crore)
3410.9 2989.4 2541.9 2195.6 2090.5 2321.0 2282.9 2194.2 2122.2 2029.2
Sales
4 3 7 2 0 7 5 4 0 1
Other
44.96 58.54 65.71 45.08 33.95 36.60 29.85 21.43 6.28 4.60
Income
Total 3455.9 3047.9 2607.6 2240.7 2124.4 2357.6 2312.8 2215.6 2128.4 2033.8
Income 0 7 8 0 5 7 0 7 8 1
Profit
Before
55.34 42.90 167.75 112.50 48.74 96.36 145.67 155.08 82.53 80.20
Taxatio
n
Provisio
n for
15.03 14.10 50.37 34.04 17.00 32.30 47.00 52.80 20.00 32.00
Taxatio
n
Profit
after
40.31 28.80 117.38 78.46 31.74 64.06 98.67 102.28 62.53 48.20
Taxatio
n
Share
4.24 4.24 4.24 4.24 4.24 4.24 4.24 4.24 4.24 4.24
Capital
Reserve
749.81 719.17 699.96 592.15 526.51 501.82 445.52 356.27 260.99 202.65
s
Net
754.05 723.41 704.20 596.39 530.75 506.06 449.76 360.51 265.23 206.89
Worth
Fixed
1787.8 1534.4 1348.8 1224.1 1155.1 1063.3
Assets 994.27 911.85 812.81 629.46
5 7 0 7 5 5
Gross
Vietnam
213, Nguyen Van Troi, Ward 11
District - Phu Nhuan HCMC
Vietnam
Tel.: +(848)-8459837
Fax: +(848)-8478434
E-mail: mrfvietnam@hcm.vnn.vn
United States of America
Tel.: +(1)-(305)-3925069
Fax: +(1)-(305)-5134493
E-mail: mrf@bellsouth.net
Australia
Tel.: +(61)-(7)-55307765
Fax: +(61)-(7)-55307765
E-mail: kencon@bigpond.com.au
Company Flashback
The company, MRF Ltd., originally started as a small manufacturing unit of balloons,
latex cast squeaking toys and industrial gloves. The company established its first office
in 1949 at Chennai, Tamil Nadu, India. It began the manufacturing of tyres in 1961.
Today, MRF has 6 manufacturing plants in India located in Tiruvottiyur and Arakonam
in Tamil Nadu, Kottayam in Kerala, Ponda in Goa, Medak in Andhra Pradesh, and one
in the Union Territory of Pondicherry. It has a distribution network of more than 2,500
outlets in the country and exports tyres in over 75 countries globally.
MRF enjoys of manufacturing the largest range of tyres in India and it has the highest
brand preference for superior quality, appearance and wearability. It manufactures the
largest range of tyres in the country and is the market leader with the largest market
share in almost every segment of the tyre industry.