MRF Hits The Accelerator: Rs 229 Historic Dividend + Q4 Surge–Eyes Rs 1.48 Lakh Levels; Tyre Stock On Fire?

The largest tire maker in India is MRF Ltd, a global corporation based in India. Its main office is in Chennai. With a market value of Rs 58,697.84 Cr, MRF Ltd's shares ended Thursday's trading session 1.44% lower on the BSE at Rs 1,38,401 per share. Analysts anticipate that MRF is in a strong uptrend and is nearing its all-time high, as the stock is trading above key moving averages and the RSI is around 64, indicating healthy momentum that could push the stock to the Rs 1,45,000-Rs 1,48,000 level. This strong chart setup came after the company posted positive Q4FY25 results along with a historic dividend of recommendation of Rs 229 per share.

MRF Dividend

"The Board of Directors have recommended a final dividend of Rs 229/- (2290%) per share of Rs.10 each. The Company has already declared and paid two interim dividends of Rs.3/- (30%) each per share for the financial year ended 31st March, 2025. The total dividend for the financial year ended 31st March 2025 works out to Rs. 235/- (2350%) per share of Rs.10 each," said MRF in a stock exchange filing.

MRF Q4 Results

The company's total net profit for the January-March 2025 quarter increased by 32.99 per cent year-on-year (YoY) to Rs 492.74 crore, compared to Rs 370.52 crore during the same period the previous year. From Rs 6,349.36 crore in Q4 FY24 to Rs 7,074.82 crore in Q4 FY25, the tiremaker's revenue from operations increased by 11.43 per cent.

While MRF's EBITDA margin increased by 70 basis points to 14.3% from 15% in the same period last year, the company's earnings before interest, tax, depreciation, and amortization (EBITDA) surged to Rs 1,043 crore, up by 17.8% YoY from Rs 885 Cr reported in the year-ago quarter. The company's consolidated exports for the year ending March 31, 2025, were Rs 2321 Crores, up over 23% from Rs 1887 Crores for the previous fiscal year ending March 31, 2024.

For the entire fiscal year that ended on March 31, 2025, MRF's consolidated total income was Rs 28,561 Crores, up 12% from the previous year's Rs 25,486 Crores. For the year that ended on March 31, 2025, the consolidated profit before tax was Rs 2479 crores, compared to Rs 2787 crores for FY24. Due to rising input costs, the consolidated net profit for the year that ended on March 31, 2025, was Rs 1869 crores, down from Rs 2081 crores for the prior fiscal year.

MRF Share Price Target

"MRF is trading in a strong uptrend and is close to its all-time high. The stock has solid support near ₹1,36,500 and ₹1,32,000. Immediate resistance lies at ₹1,42,000, and a breakout above this level could push prices toward ₹1,45,000-₹1,48,000. The stock is trading above key moving averages and following a rising trendline, confirming bullish sentiment. RSI is around 64, suggesting healthy momentum without being overbought. Overall, the setup remains positive. Traders may consider buying on dips near support or above ₹1,42,000 on breakout, with a stop loss below ₹1,32,000 for positional trades," commented Riyank Arora - Technical Analyst - Mehta Equities Limited.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.