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MRF Limited is a Chennai-headquartered manufacturer of rubber products with a heritage reflected in its Sixty Fourth Annual Report for the year ended March 31, 2025 . The Group (except the paints business) is engaged in the manufacture of Tyres, Tubes, Flaps and Tread Rubber and/or trading in rubber, serving vehicles ranging from two-wheelers and passenger cars to heavy construction and mining equipment . Beyond manufacturing, MRF operates Tyredrome—its premium tyre and wheel care service—offering precision services such as Robotic Wheel Alignment and Safety Test Lane Services, developed and delivered over more than three decades of operations .
MRF is involved in motorsports for over four decades, producing specialised tyres for rallying, circuit racing, karting, motocross and more, and competes in global championships . The company is a leading supplier to most original equipment manufacturers (OEMs) and is a preferred source for new-generation electric vehicles, underscoring its position in fast-evolving automotive categories .
Geographically, MRF serves India and international markets. In 2024–25, exports grew strongly, with key markets in the Far East, Middle East and Africa showing excellent momentum; new products for Europe were showcased at the Tire Cologne exhibition in Germany in June 2024 . The company has four subsidiaries; consolidated financials and subsidiary performance form part of the annual disclosures .
Key milestones include: over four decades in motorsports ; more than three decades of Tyredrome service excellence ; and the launch of a 20-inch Ultra High Performance tyre with Acoustic Foam Technology for electric SUVs—available in 245/50R20 UHP, 245/55R19 and 245/60R18—marking a significant innovation in the Indian market .
– K.M. Mammen – Chairman & Managing Director
– Arun Mammen – Vice Chairman & Managing Director
– Rahul Mammen Mappillai – Managing Director
– Samir Thariyan Mappillai – Whole-Time Director
– Varun Mammen – Whole-Time Director
– Madhu P Nainan – Executive Vice President – Finance
– S. Dhanvanth Kumar – Company Secretary
– Product innovation: MRF launched a 20-inch UHP tyre for electric SUVs with Acoustic Foam Technology for reduced cabin noise and superior wet handling; sizes include 245/50R20 UHP, 245/55R19 and 245/60R18 . New two-wheeler tyres (Zapper C1 U 80/100-18 TL; Nylogrip Plus V2 100/90-17 TL/TT) were introduced . In commercial tyres, launches included Savari Lug Extra (185D14 lug), Musclerok-X N18 (heavy-duty mining), E-Savari Plus (3.75-12 and 90/90-12) and Steel Master M162 TL (145 R12) .
– Market position: The company remains a leading supplier to most OEMs and a preferred source for electric vehicles across segments, with continued recognition from OEMs for quality and reliability .
– International business: Exports (including Indian Rupee Exports) grew by around 23 Per cent to Rs 2,307 crores; markets in the Far East, Middle East and Africa performed strongly, and European-focused products were showcased at Tire Cologne 2024 in Germany .
– Services: Tyredrome continued to provide high-end tyre and wheel care with trained technicians using advanced equipment, reinforcing its benchmark status built over three decades .
– Governance: The Risk Management Committee added Independent Director Dinshaw Keku Parakh on April 1, 2024; Ranjit I. Jesudasen ceased to be a member on September 28, 2024 .
– Subsidiary developments: The paints division reported growth, with three new products launched and six line extensions introduced in retail during the year .
– Significant transactions: A material related-party transaction involved the purchase of raw materials from a wholly owned overseas subsidiary amounting to Rs 3,247.94 crores during April 2024–March 2025, as disclosed in AOC-2 .
MRF manufactures Tyres, Tubes, Flaps and Tread Rubber and is also involved in trading in rubber .
In addition to India, MRF exports to multiple international markets, with strong demand reported in the Far East, Middle East and Africa; it also showcased products for Europe at Tire Cologne 2024 in Germany .
The company has four subsidiaries, consolidated in its annual financial statements .