CMP: 10,950

MRF Limited manufactures and distributes tyres and tubes for automobiles, aircrafts, motorcycles and cycles. The Company also manufactures conveyor belts, paint and coats, and hoses. Every MRF tyre designed is the result of a special acid test on the race and rally tracks.

MRF is a market leader in tyre industry in India trading at a P/E of nearly 6. It runs at a debt of 1,516 Crores with 57 Crores cash in hand. Revenues have risen from 5,047 Crores to 11,870 Crores in the last 5 years. Profits have risen from 145 Crores to 572 Crores in the last 5 years. Profit margins have risen from 3% to 5% in the last 5 years. Buy and hold for long term gains.