AI Summary
✦ ClarthaMRF is a tire and rubber-products manufacturer serving passenger vehicles, two-wheelers, commercial vehicles, farms, and off-road applications. Its revenue drivers include vehicle tires, tubes and flaps, tread rubber, specialty coatings, paints and coats, sports goods, pretreads, and motorsports. Recent attention on upcoming quarterly results could clarify whether 10.6% revenue growth and 29.5% profit growth are sustainable, while stable margins indicate limited near-term operating leverage. ROE is 12.3%, but debt/equity of 15.29 implies substantial leverage amplifies returns and increases financial risk. Profit growth currently exceeds revenue growth, although stable margins suggest mix, finance, or other below-operating-line factors may be contributing. At 23.5 times earnings, valuation appears fair relative to current growth, rather than deeply discounted. The key open question is whether earnings momentum can persist without further leverage or margin expansion.
Price Forecast
Probabilistic Range
Probabilistic lognormal cone using 1Y realized volatility and analyst-target drift when available.
Revenue Forecast
₹ CrEPS Forecast
₹ / shareMulti-factor synthesis of 5 key dimensions
From 9 analysts
Fundamentals
Fundamentals institutional score is 67 using EVA spread proxy 0.3%; growth durability 90.3.
Valuation
Valuation institutional score is 45 using relative multiple z-scores where peer dispersion is available.
Analyst Consensus
Analyst View institutional score is 40 using mean target upside 2.0%; dispersion penalty 14.0; recommendation breadth from available consensus.
Technical Structure
Technicals institutional score is 100 using EMA-20 continuation within 5% tolerance; VCP range/volume contraction proxy.
Market Sentiment
Recent news flow is skewing constructive on impact and recency. Based on 9 recent ticker-linked news items.
Signal Summary
Market intelligence remains Neutral. fundamentals and technical structure provide support, while valuation and analyst consensus remain considerations.
Composite weights: Fundamentals 25%, Valuation 20%, Analyst Consensus 20%, Technical Structure 20%, Market Sentiment 15%.
Key Data Points
Important Note: This is market intelligence, not investment advice. Always conduct your own research and consider your financial goals and risk tolerance.
Valuation Metrics
Trading 1.4% above historical median. Valuation is stable — currently in the undervalued zone (z-score: +0.18). Confidence: 89%.
Live forward EPS implies next-12-month EPS of ₹8,246.28. Applying the stock's normalized valuation corridor produces a fair range of ₹1,78,202.11 to ₹2,02,611.10, with base value near ₹1,90,159.22 (+42.3% vs current price).
Live forward estimate anchored to the company's historical valuation corridor.
Forward EPS
₹8,246.28
Forward P/E
16.2x
Base Fair Value
₹1,90,159.22
Fair Range
₹1,78,202.11 - ₹2,02,611.10
Upside To Base
+42.3%
Estimate Source
Live forward EPS
Growth Estimate
+37.2%
5Y Average
19.65
Current
23.38
Overvalued
24.57
Undervalued
21.61
5Y Average
9.56
Current
11.37
Overvalued
11.38
Undervalued
7.42
5Y Average
1.53
Current
1.82
Overvalued
1.76
Undervalued
1.30
Peers & Comparison
Sector: Consumer Discretionary · Theme: Tires & Rubber
| Company | Rev. Growth | Margin | P/E | vs Avg | 52W Perf. |
|---|---|---|---|---|---|
BALKRISHNA IND. LTD BALKRISINDTires & Rubber | +6.9% | 12.3% | 34.7x Undervalued | -27% vs avg | +2.3% |
APOLLO TYRES LTD APOLLOTYRETires & Rubber | +12.8% | 5.8% | 20.6x Undervalued | -56% vs avg | -0.2% |
CEAT LIMITED CEATLTDTires & Rubber | +22.3% | 3.6% | 25.5x Undervalued | -46% vs avg | +21.7% |
SAMVRDHNA MTHRSN INTL LTD MOTHERSONAuto Parts | +16.6% | 3.4% | 40.7x Fair | -14% vs avg | +86.1% |
SONA BLW PRECISION FRGS L SONACOMSAuto Parts | +52.4% | 14.2% | 71.9x Premium | +52% vs avg | +84.6% |
SCHAEFFLER INDIA LIMITED SCHAEFFLERAuto Parts | +17.3% | 11.9% | 52.1x Fair | +10% vs avg | +4.3% |
TUBE INVEST OF INDIA LTD TIINDIACycles | +20.7% | 2.8% | 84.7x Premium | +79% vs avg | -6.2% |
BOSCH LIMITED BOSCHLTDAuto Parts | +13.2% | 14.0% | 47.8x Fair | +1% vs avg | +12.7% |
MRF LTD trades at a discount (23.4x vs peer avg 47.3x), suggesting potential undervaluation relative to the Tires & Rubber cohort. Peers include BALKRISHNA IND. LTD, APOLLO TYRES LTD, CEAT LIMITED — selected based on business model, industry classification, market cap similarity, and business theme alignment.
Financials
Real statement data for revenue, earnings quality, conversion, and balance-sheet coverage. Monetary values are shown in Rs crore.
Latest revenue
₹7.91K CrMar 2026Latest net profit
₹680 CrMar 2026Latest EPS
₹1604.40Mar 2026Net margin
16.0%Mar 2026Performance
Bars show revenue and net profit. The line shows net margin.
- Revenue
- Net income
- Net margin %
Earnings
Revenue is shown in crores. EPS is rupees per share.
- Revenue
- EPS
Revenue to profit conversion
Bridge from operating numbers to profit for the latest reported period.
Latest reported period: Mar 2026
Debt level and coverage
Debt, cash and free cash flow compared on the same crore scale.
- Debt
- Free cash flow
- Cash & equivalents
Results
| Metric | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Jun 2024 | Sep 2024 | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Sales + | 5,725 | 6,323 | 6,088 | 6,048 | 6,215 | 7,078 | 6,760 | 6,883 | 6,944 | 7,560 | 7,250 | 7,934 | 7,908 |
| Expenses + | 4,882 | 5,209 | 4,959 | 5,008 | 5,330 | 5,940 | 5,787 | 6,081 | 5,901 | 6,526 | 6,160 | 6,569 | 6,645 |
| Operating Profit | 843 | 1,114 | 1,129 | 1,039 | 886 | 1,138 | 973 | 802 | 1,043 | 1,034 | 1,090 | 1,364 | 1,263 |
| OPM % | 15% | 18% | 19% | 17% | 14% | 16% | 14% | 12% | 15% | 14% | 15% | 17% | 16% |
| Other Income + | 148 | 74 | 70 | 77 | 92 | 83 | 112 | 97 | 111 | 125 | 107 | 46 | 148 |
| Interest | 84 | 78 | 75 | 78 | 86 | 75 | 67 | 71 | 78 | 82 | 71 | 74 | 71 |
| Depreciation | 328 | 332 | 350 | 359 | 384 | 394 | 408 | 414 | 431 | 427 | 443 | 436 | 441 |
| Profit before tax | 579 | 778 | 773 | 679 | 508 | 751 | 611 | 413 | 645 | 651 | 682 | 901 | 900 |
| Tax % | 29% | 25% | 26% | 25% | 25% | 25% | 25% | 26% | 23% | 26% | 25% | 25% | 24% |
| Net Profit + | 411 | 581 | 572 | 508 | 380 | 563 | 455 | 307 | 498 | 484 | 512 | 679 | 680 |
| EPS in Rs | 968.29 | 1,370.99 | 1,348.54 | 1,197.85 | 894.93 | 1,326.42 | 1,073.85 | 723.21 | 1,173.87 | 1,141.76 | 1,206.27 | 1,601.33 | 1,604.40 |
| Raw PDF |
All values in ₹ Crores unless otherwise stated. Source: Screener Master (Standalone).
Events Timeline
Board Meeting Intimation for Declaration Of Unaudited Financial Results For The Quarter Ended 30Th June, 2026