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MRF Ltd.

BSE: 500290 Sector: Auto
NSE: MRF ISIN Code: INE883A01011
BSE 00:00 | 18 Jan 76325.70 -527.70
(-0.69%)
OPEN

76810.00

HIGH

77255.75

LOW

76132.55

NSE 16:09 | 18 Jan 76296.85 -525.35
(-0.68%)
OPEN

76851.00

HIGH

77299.90

LOW

76000.00

OPEN 76810.00
PREVIOUS CLOSE 76853.40
VOLUME 455
52-Week high 98575.90
52-Week low 68719.90
P/E 27.57
Mkt Cap.(Rs cr) 32,362
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00
OPEN 76810.00
CLOSE 76853.40
VOLUME 455
52-Week high 98575.90
52-Week low 68719.90
P/E 27.57
Mkt Cap.(Rs cr) 32,362
Buy Price 0.00
Buy Qty 0.00
Sell Price 0.00
Sell Qty 0.00

MRF Ltd. (MRF) - Chairman Speech

Company chairman speech

Dear Shareholders

We are happy that the lockdowns are now behind us and the country isprogressing towards vaccination of its people. Industries have learned to work with thelockdowns though in many cases businesses have been affected adversely. Lockdowns haveaffected our business also and we are hoping that the demand for tyres will pick up nowthat the lockdowns have been lifted.

Automobile companies have also cut down their production during thelockdowns. They appear to be getting back to normalcy now after the lifting of thelockdown. There is some amount of uncertainty as to how the demand will be for vehiclesgoing forward in the months ahead.

MRF has reported a total income of Rs.16129 Crore for the last yearended 31st March 2021. In the year gone by many MRF products have taken the centre stagestrengthening the demand for our products. Our focus on quality of our products over thepast many decades has really paid off.

We are in the 75th year since our first Rubber Factory was established.As we continue to don the cap of Industry Leader for the last 34 years I remember myfather and the founder of our company Shri. K.M. Mammen Mappillai who instilled thevalues and ideals that still inspire this company as it pursues its upward path.

I wish to thank the Shareholders Investors Central and StateGovernments Lenders Suppliers and Customers for their great support during these tryingtimes. I also thank all my colleagues on the board for their continued support.

Best Wishes

K.M. MAMMEN
Chairman & Managing Director

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