Apollo Tyres vs MRF: Share Price, Valuation and Results Compared

Apollo Tyres Limited (NSE: APOLLOTYRE) and MRF Ltd. (NSE: MRF) are both listed in the Motor Vehicle Tires industry. Apollo Tyres has a market capitalisation of ₹24,763 Cr and MRF ₹49,587 Cr, as of 9 Nov 2026. Their P/E ratios are 18 and 20.4 respectively. Return on equity is 8.72% for Apollo Tyres and 12.30% for MRF. Over one year, Apollo Tyres's share price is down 18.0% and MRF's is down 20.7%.

Apollo Tyres vs MRF — Key Figures

MetricApollo TyresMRF
NSE SymbolAPOLLOTYREMRF
BSE Code500877500290
Share Price₹417.60₹1,24,875.00
Market Cap₹24,763 Cr₹49,587 Cr
P/E Ratio1820.4
Return on Equity8.72%12.30%
Return on Assets5.75%6.52%
Dividend Yield1.28%0.59%
Beta (1Y)0.410.21
1-Year Price Change-18.0%-20.7%
3-Month Price Change-6.4%-6.7%
52-Week Range₹365.30 – ₹540.50₹1,15,190.00 – ₹1,59,700.00
Latest QuarterQ2 FY27Q1 FY27
Quarterly Revenue₹7,968 Cr₹8,416 Cr
Quarterly Net Profit₹292 Cr₹495 Cr
Net Margin3.7%5.9%
EPS (Basic, Quarter)₹4.62₹1,167.97
Results Basisconsolidatedconsolidated
HeadquartersGurugram, HaryanaChennai, Tamil Nadu

The figures sit side by side and are not ranked. Quarterly figures are in ₹ crore, parsed from each company's exchange filing (XBRL); the two companies' latest quarters can differ.

About the Companies

Apollo Tyres Limited

Apollo Tyres Limited manufactures and sells automotive tires, tubes, and flaps in India and internationally. It offers commercial, passenger vehicles, two-wheelers, industrial, trucks and buses, off highway vehicals, light trucks, agricultural, earthmover, and bicycle tyres. The company provides its products under the Apollo Tyres and Vredestein brands. Apollo Tyres Limited was incorporated in 1972 and is headquartered in Gurugram, India.

MRF Ltd.

MRF Limited, together with its subsidiaries, engages in the manufacture and sale of rubber products in India and internationally. The company provides tires for passenger cars, two wheelers, fighter aircraft, farm, trucks, OTR, SCV, LCV, pick up, three wheeler, MCV, ICV, and tubes and valves products; rubber products, such as tubes, flaps, and tread rubber products; and manufactures specialty coatings. It also involved in the paints and coats, sports goods, and motorsports businesses. In addition, the company operates MRF T&S that provide computerized nitrogen inflation, tubeless repair, wheel…

Frequently Asked Questions

Which is larger by market cap, Apollo Tyres or MRF?

MRF has a market capitalisation of ₹49,587 Cr, against ₹24,763 Cr for Apollo Tyres as of 9 Nov 2026, about 2.0 times the size by market cap.

What is the P/E ratio of Apollo Tyres and MRF?

Apollo Tyres has a P/E of 18 and MRF a P/E of 20.4 as of 9 Nov 2026.

What is the return on equity of Apollo Tyres and MRF?

Apollo Tyres has a return on equity of 8.72% and MRF 12.30%.

How have Apollo Tyres and MRF shares moved over one year?

Apollo Tyres's share price is down 18.0% over one year and MRF's is down 20.7%.

What were the latest quarterly results of Apollo Tyres and MRF?

Apollo Tyres reported revenue of ₹7,968 Cr and net profit of ₹292 Cr for Q2 FY27. MRF reported revenue of ₹8,416 Cr and net profit of ₹495 Cr for Q1 FY27. Figures are parsed from each company's exchange filing.

Which industry are Apollo Tyres and MRF in?

Both are classified under Automobile Components > Tires and Rubber > Motor Vehicle Tires on FinBizNet.

Is this comparison a recommendation to buy or sell Apollo Tyres or MRF?

No. The page lays the two companies' published figures side by side and draws no conclusion from them. It is descriptive market data, not investment advice.

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Data as of 9 Nov 2026. Descriptive market data only — not investment advice.