MRF Limited (NSE:MRF)
India flag India · Delayed Price · Currency is INR
129,945
-565 (-0.43%)
Sep 4, 2026, 3:29 PM IST

MRF Limited Stock Forecast

Stock Price Forecast

According to 11 analysts polled by S&P Global, MRF Limited stock has a consensus rating of "Hold" and an average price target of ₹139,232. The average 1-year stock price forecast is 7.15% higher than the current stock price, while the lowest is ₹113,936 (-12.32%) and the highest is ₹165,238 (+27.16%).

Price Target: ₹139,232 (+7.15%)
Analyst Consensus: Hold

Price Target

Chart
TargetLowAverageMedianHigh
Price₹113,936₹139,232₹142,000₹165,238
Change-12.32%+7.15%+9.28%+27.16%

Analyst Ratings

The average analyst rating for MRF Limited stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Chart
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy110001
Buy443344
Hold112222
Sell112211
Strong Sell333333
Total101010101011

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Unknown Analyst
Motilal Oswal
No rating
Motilal Oswal
Sell
Maintains
₹113,936
SellMaintains₹113,936-12.32%Aug 11, 2026

Financial Forecast

Revenue This Year
344.72B
from 311.63B
Increased by 10.62%
Revenue Next Year
374.81B
from 344.72B
Increased by 8.73%
EPS This Year
5.21K
from 5.83K
Decreased by -10.75%
EPS Next Year
6.70K
from 5.21K
Increased by 28.62%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
193.32B230.15B251.74B281.71B311.63B344.72B
Revenue Growth
19.45%19.05%9.38%11.91%10.62%10.62%
Gross Profit
64.95B72.98B97.91B99.20B113.03B118.01B
Gross Margin
33.60%31.71%38.89%35.21%36.27%34.23%
Operating Income
9.49B11.95B28.90B25.08B32.13B26.84B
Net Income
6.69B7.69B20.81B18.73B24.26B22.07B
EPS
----5,832.665,205.73
EPS Growth
----35.73%-10.75%
Forward PE
22.6327.9125.6223.9021.1424.96
Dividend / Share
150.00175.00200.00235.00235.00231.00
Dividend Growth
50.00%16.67%14.29%17.50%--1.70%
Free Cash Flow
-26.09B-7.00B5.24B757.50M23.64B18.75B
No. Analysts
-----8
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is INR.

Revenue Forecast

Revenue202720282029
High353.2B
Avg344.7B
Low338.3B

Revenue Growth

Revenue Growth202720282029
High
13.4%
Avg
10.6%
Low
8.6%

EPS Forecast

EPS202720282029
High5,787.20
Avg5,205.73
Low4,713.80

EPS Growth

EPS Growth202720282029
High
-0.8%
Avg
-10.7%
Low
-19.2%