"Tyres With Muscle"
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) |
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 Crore) |
2005 |
2004 |
2003 |
2002 |
2001 |
2000 |
1999 |
1998 |
1997 |
1996 |
| Sales |
3410.94 |
2989.43 |
2541.97 |
2195.62 |
2090.50 |
2321.07 |
2282.95 |
2194.24 |
2122.20 |
2029.21 |
| Other Income |
44.96 |
58.54 |
65.71 |
45.08 |
33.95 |
36.60 |
29.85 |
21.43 |
6.28 |
4.60 |
| Total Income |
3455.90 |
3047.97 |
2607.68 |
2240.70 |
2124.45 |
2357.67 |
2312.80 |
2215.67 |
2128.48 |
2033.81 |
| Profit Before Taxation |
55.34 |
42.90 |
167.75 |
112.50 |
48.74 |
96.36 |
145.67 |
155.08 |
82.53 |
80.20 |
| Provision for Taxation |
15.03 |
14.10 |
50.37 |
34.04 |
17.00 |
32.30 |
47.00 |
52.80 |
20.00 |
32.00 |
| Profit after Taxation |
40.31 |
28.80 |
117.38 |
78.46 |
31.74 |
64.06 |
98.67 |
102.28 |
62.53 |
48.20 |
| Share Capital |
4.24 |
4.24 |
4.24 |
4.24 |
4.24 |
4.24 |
4.24 |
4.24 |
4.24 |
4.24 |
| Reserves |
749.81 |
719.17 |
699.96 |
592.15 |
526.51 |
501.82 |
445.52 |
356.27 |
260.99 |
202.65 |
| Net Worth |
754.05 |
723.41 |
704.20 |
596.39 |
530.75 |
506.06 |
449.76 |
360.51 |
265.23 |
206.89 |
| Fixed Assets Gross |
1787.85 |
1534.47 |
1348.80 |
1224.17 |
1155.15 |
1063.35 |
994.27 |
911.85 |
812.81 |
629.46 |
MRF International Offices
Bangladesh
# 69 / K, Green Road
Pantha Path
Dhaka - 1205
Bangladesh
Mobile: +(880)-173000810
E-mail: mrfdhaka@bangla.net
United Arab Emirates
P.O.Box 62671
Al Maktoum Hospital Road
Deira, Dubai
Tel.: +(9714)-2239603/ 657
Fax: +(9714)-2239660
E-mail: mrfdubai@emirates.net.ae
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.
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