GROUP 8

Abhishek
Abhishek Ganorkar
Ganorkar (18PGP004)
(18PGP004)
Dipan
Dipan Sen
Sen (18PGP050)
(18PGP050)
Vatsal
Vatsal Kakadiya
Kakadiya (18PGP071)
(18PGP071)
Mayank
Mayank Lavania
Lavania (18PGP096)
(18PGP096)
Mayank
Mayank Pamnani
Pamnani (18PGP097)
(18PGP097)
 Established in

1st In India in tyre manufacturing

companies
1946
Manufacturing capacity
in tyre per day

120,000
Manufacturing a

Wide Range
Of high performance
tyres across vehicle
segments
 FINANCIAL PERFORMANCE
EV/EBITDA P/B
14 3.5

12 3

10 2.5

8 2

6 1.5

4 1

2 0.5

0 0
2015 2016 2017 2018 2019 2015 2016 2017 2018 2019

EV/Sales Price/Sales
2.5
2.5

2
2

1.5
1.5

1
1
0.5
0.5
0
2015 2016 2017 2018 2019
0
2015 2016 2017 2018 2019
 CURRENT SCENARIO
 The current downward movement in
automobile correlates with the tyre
industry

 Auto industry has come under severe

stress over the last one year. Yearly sales
have come down by as much as 12%, and
fall still doesn’t seem to reach at bottom.

 Inventories are high, dealerships are going

down and there is a huge impact
MRF CURRENT RESULTS
Revenue share

6%
Trucks and Buses
2/3 Wheelers
25% Passenger Cars
40%
Light Commercial Vehicle
Other

14%
15%
VALUATIO
N
 MRF
TARGET
Rs.5898 PRICE
0
27.83%
DOWNS
IDE
Rs.
42562 CLOSING PRICE
(24Th AUG)
THANK
YOU