{"id":201259,"date":"2026-08-13T11:54:46","date_gmt":"2026-08-13T06:24:46","guid":{"rendered":"https:\/\/univest.in\/blogs-2\/?p=201259"},"modified":"2026-08-13T11:54:48","modified_gmt":"2026-08-13T06:24:48","slug":"mrf-vs-apollo-tyres","status":"publish","type":"post","link":"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/","title":{"rendered":"MRF vs Apollo Tyres: Share Price, PE and ROE Compared"},"content":{"rendered":"<div class=\"meta-block\"><\/div>\n<p style=\"border-left: 4px solid #1F4E79; background: #EBF3FB; padding: 10px 16px; font-style: italic;\"><em>MRF MCap approx Rs 50,000-58,000 Cr. Apollo Tyres MCap approx Rs 30,000-38,000 Cr. Data approximate.<\/em><\/p>\n<div style=\"background: #F0F9FF; border-left: 4px solid #2E7D32; border-radius: 6px; padding: 14px 18px; margin: 18px 0;\">\n<p style=\"margin: 0; color: #1f4e79; font-size: 14px;\"><strong>Quick Answer<\/strong><\/p>\n<p style=\"margin: 8px 0 0;\">MRF and Apollo Tyres are both large listed tyre manufacturers. MRF is India&#8217;s largest tyre company by market cap and known for its quality positioning; Apollo Tyres has a large European presence through its acquisition of Cooper Tire and Vredestein brands. Both have significant OEM and replacement market businesses.<\/p>\n<\/div>\n<p>The MRF vs Apollo Tyres question comes up often among investors who follow the Tyres and rubber space in India. MRF MCap approx Rs 50,000-58,000 Cr. Apollo Tyres MCap approx Rs 30,000-38,000 Cr. This article goes through what each company does, their latest financial performance, and the key numbers that matter for anyone evaluating MRF vs Apollo Tyres as a research exercise.<\/p>\n<p>All data cited here is sourced from publicly available company filings. Note: Data is approximate. Verify the latest prices and fundamentals on NSE or BSE before acting on any information.<\/p>\n<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_65 counter-hierarchy ez-toc-counter ez-toc-grey ez-toc-container-direction\">\n<div class=\"ez-toc-title-container\">\n<p class=\"ez-toc-title \" >Table of Contents<\/p>\n<span class=\"ez-toc-title-toggle\"><a href=\"#\" class=\"ez-toc-pull-right ez-toc-btn ez-toc-btn-xs ez-toc-btn-default ez-toc-toggle\" aria-label=\"Toggle Table of Content\"><span class=\"ez-toc-js-icon-con\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #999;color:#999\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #999;color:#999\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/span><\/a><\/span><\/div>\n<nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#MRF_vs_Apollo_Tyres_Company_Overview_and_Market_Presence\" title=\"MRF vs Apollo Tyres: Company Overview and Market Presence\">MRF vs Apollo Tyres: Company Overview and Market Presence<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-2\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#MRF_vs_Apollo_Tyres_Business_Mix_and_Revenue_Sources\" title=\"MRF vs Apollo Tyres: Business Mix and Revenue Sources\">MRF vs Apollo Tyres: Business Mix and Revenue Sources<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-3\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#MRF_vs_Apollo_Tyres_Financial_Results_and_Key_Ratios\" title=\"MRF vs Apollo Tyres: Financial Results and Key Ratios\">MRF vs Apollo Tyres: Financial Results and Key Ratios<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-4\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#MRF_vs_Apollo_Tyres_Valuation_and_What_the_Market_Is_Pricing_In\" title=\"MRF vs Apollo Tyres: Valuation and What the Market Is Pricing In\">MRF vs Apollo Tyres: Valuation and What the Market Is Pricing In<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-5\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#MRF_vs_Apollo_Tyres_Side-by-Side_Comparison\" title=\"MRF vs Apollo Tyres: Side-by-Side Comparison\">MRF vs Apollo Tyres: Side-by-Side Comparison<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-6\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#What_Should_Investors_Know_About_the_MRF_vs_Apollo_Tyres_Choice\" title=\"What Should Investors Know About the MRF vs Apollo Tyres Choice\">What Should Investors Know About the MRF vs Apollo Tyres Choice<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-7\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#Conclusion\" title=\"Conclusion\">Conclusion<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-2'><a class=\"ez-toc-link ez-toc-heading-8\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#Frequently_Asked_Questions\" title=\"Frequently Asked Questions\">Frequently Asked Questions<\/a><ul class='ez-toc-list-level-3' ><li class='ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-9\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#What_does_MRF_do\" title=\"What does MRF do?\">What does MRF do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-10\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#What_does_Apollo_Tyres_do\" title=\"What does Apollo Tyres do?\">What does Apollo Tyres do?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-11\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#Which_is_larger_in_the_MRF_vs_Apollo_Tyres_comparison\" title=\"Which is larger in the MRF vs Apollo Tyres comparison?\">Which is larger in the MRF vs Apollo Tyres comparison?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-12\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#How_do_PE_ratios_compare_in_MRF_vs_Apollo_Tyres\" title=\"How do PE ratios compare in MRF vs Apollo Tyres?\">How do PE ratios compare in MRF vs Apollo Tyres?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-13\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#What_is_the_ROE_of_MRF\" title=\"What is the ROE of MRF?\">What is the ROE of MRF?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-14\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#Does_Apollo_Tyres_pay_dividends\" title=\"Does Apollo Tyres pay dividends?\">Does Apollo Tyres pay dividends?<\/a><\/li><li class='ez-toc-page-1 ez-toc-heading-level-3'><a class=\"ez-toc-link ez-toc-heading-15\" href=\"https:\/\/univest.in\/blogs-2\/mrf-vs-apollo-tyres\/#How_should_I_evaluate_Tyres_and_rubber_stocks\" title=\"How should I evaluate Tyres and rubber stocks?\">How should I evaluate Tyres and rubber stocks?<\/a><\/li><\/ul><\/li><\/ul><\/nav><\/div>\n<h2><span class=\"ez-toc-section\" id=\"MRF_vs_Apollo_Tyres_Company_Overview_and_Market_Presence\"><\/span><strong>MRF vs Apollo Tyres: Company Overview and Market Presence<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>MRF operates in the Tyres and rubber segment and is listed on Indian exchanges. MRF MCap approx Rs 50,000-58,000 Cr The company has built its market position over the years through its core offerings to customers across India.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/user\/log-in?utm_source=blogs&amp;utm_medium=mrf-vs-apollotyres\"><strong>Click Here &#8211; Get Free Investment Predictions<\/strong><\/a><\/p>\n<p>Apollo Tyres is the other side of this MRF vs Apollo Tyres comparison. Apollo Tyres MCap approx Rs 30,000-38,000 Cr It competes in the same Tyres and rubber space, though its scale and strategy may differ significantly from MRF&#8217;s approach.<\/p>\n<p>When investors look at the MRF vs Apollo Tyres pair, market capitalisation is usually the first filter. MRF MCap approx Rs 50,000-58,000 Cr. Apollo Tyres MCap approx Rs 30,000-38,000 Cr. The size difference, if any, tells you something about liquidity and institutional ownership patterns.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"MRF_vs_Apollo_Tyres_Business_Mix_and_Revenue_Sources\"><\/span><strong>MRF vs Apollo Tyres: Business Mix and Revenue Sources<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>To understand the MRF vs Apollo Tyres comparison fully, you need to look at how each company makes money. MRF&#8217;s revenue comes from its core Tyres and rubber operations. MRF earns from the Tyres and rubber segment.<\/p>\n<p>Apollo Tyres similarly derives its earnings from the Tyres and rubber space. Apollo Tyres operates in the Tyres and rubber space. The product or service mix of the two companies can be similar or quite different depending on which subsegments each one serves.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"MRF_vs_Apollo_Tyres_Financial_Results_and_Key_Ratios\"><\/span><strong>MRF vs Apollo Tyres: Financial Results and Key Ratios<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>This is where the MRF vs Apollo Tyres comparison gets concrete. Return on equity, price-to-earnings ratio and market capitalisation are three metrics that help frame the relative position of each stock.<\/p>\n<p>MRF MCap approx Rs 50,000-58,000 Cr The profitability and efficiency ratios here reflect the latest available data from public filings.<\/p>\n<p>Apollo Tyres MCap approx Rs 30,000-38,000 Cr Investors should note that Data is approximate.<\/p>\n<p style=\"margin-top: 24px;\"><a href=\"https:\/\/univest.in\/screeners\"><strong>Compare MRF and Apollo Tyres on the Univest Screener<\/strong><\/a><\/p>\n<h2><span class=\"ez-toc-section\" id=\"MRF_vs_Apollo_Tyres_Valuation_and_What_the_Market_Is_Pricing_In\"><\/span><strong>MRF vs Apollo Tyres: Valuation and What the Market Is Pricing In<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Valuation is a core part of any MRF vs Apollo Tyres analysis. A high PE ratio can signal growth expectations or thin earnings. A low PE may indicate value or a business under stress. Neither is automatically good or bad without context.<\/p>\n<p>MRF MCap approx Rs 50,000-58,000 Cr. Apollo Tyres MCap approx Rs 30,000-38,000 Cr. Data approximate. The MRF vs Apollo Tyres stock data above reflects figures sourced from publicly available data. Prices change daily, so treat this as a starting point for your own research rather than a definitive trading signal.<\/p>\n<p>Dividend yield is another data point worth checking in the MRF vs Apollo Tyres pair. Some investors prioritise income alongside capital appreciation, and a consistent dividend track record can be a sign of earnings quality and management confidence in the cash flow.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"MRF_vs_Apollo_Tyres_Side-by-Side_Comparison\"><\/span><strong>MRF vs Apollo Tyres: Side-by-Side Comparison<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The table below captures the most relevant metrics side by side for the MRF vs Apollo Tyres comparison.<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\">\n<tbody>\n<tr>\n<th style=\"border: 1px solid #ccc; padding: 8px;\">Parameter<\/th>\n<th style=\"border: 1px solid #ccc; padding: 8px;\"><a href=\"https:\/\/univest.in\/stocks\/mrf\/mrf-ltd-share-price-today\">MRF<\/a><\/th>\n<th style=\"border: 1px solid #ccc; padding: 8px;\"><a href=\"https:\/\/univest.in\/stocks\/apollotyre\/apollo-tyres-ltd-share-price-today\">Apollo Tyres<\/a><\/th>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">MCap<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">approx Rs 50,000-58,000 Cr<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">approx Rs 30,000-38,000 Cr<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Data<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Approximate<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Approximate<\/td>\n<\/tr>\n<tr>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">Market<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">India premium + racing<\/td>\n<td style=\"border: 1px solid #ccc; padding: 8px;\">India + Europe<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h2><span class=\"ez-toc-section\" id=\"What_Should_Investors_Know_About_the_MRF_vs_Apollo_Tyres_Choice\"><\/span><strong>What Should Investors Know About the MRF vs Apollo Tyres Choice<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>Every MRF vs Apollo Tyres research exercise should go beyond just looking at the current share price. The sector outlook for Tyres and rubber companies, the trajectory of earnings growth, debt levels and management quality all feed into a complete picture.<\/p>\n<p>For the MRF vs Apollo Tyres pair specifically: MRF MCap approx Rs 50,000-58,000 Cr. Apollo Tyres MCap approx Rs 30,000-38,000 Cr. These numbers are a starting point. Investors should also look at the trend over four to eight quarters rather than just the latest standalone figure, since one strong quarter does not always reflect the underlying business quality.<\/p>\n<p>If you are building a portfolio allocation decision around the MRF vs Apollo Tyres comparison, consider the risk profile of your overall portfolio first. Both companies operate in Tyres and rubber, which carries its own sector-specific risks including regulatory changes, commodity cost pressure, competitive intensity and macroeconomic sensitivity.<\/p>\n<h2><span class=\"ez-toc-section\" id=\"Conclusion\"><\/span><strong>Conclusion<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<p>The MRF vs Apollo Tyres comparison comes down to this: MRF and Apollo Tyres are both listed Indian companies in the Tyres and rubber space, but they differ in scale, valuation, and financial profile. MRF MCap approx Rs 50,000-58,000 Cr. Apollo Tyres MCap approx Rs 30,000-38,000 Cr.<\/p>\n<p>MRF MCap approx Rs 50,000-58,000 Cr. Apollo Tyres MCap approx Rs 30,000-38,000 Cr. Data approximate. Before taking any position in either stock, verify the latest fundamentals on NSE or BSE and consult a SEBI-registered investment advisor (registration number INH000013776).<\/p>\n<p style=\"margin-top: 24px;\"><em>Download the <a href=\"http:\/\/apps.apple.com\/in\/app\/univest-stocks-investment\/id6443753518\" rel=\"nofollow noopener\" target=\"_blank\">Univest iOS App<\/a> or <a href=\"http:\/\/play.google.com\/store\/apps\/details?id=com.univest.capp&amp;hl=en_IN\" rel=\"nofollow noopener\" target=\"_blank\">Univest Android App<\/a> to track MRF and Apollo Tyres live and get analyst-backed stock recommendations every day.<\/em><\/p>\n<div style=\"background: #CC0000; border-radius: 8px; padding: 16px 20px; margin: 24px 0;\">\n<p style=\"color: #ffffff; font-size: 13px; line-height: 1.7; margin: 0;\"><strong style=\"color: #ffffff;\">Disclaimer:<\/strong> Data and figures in this article are sourced from publicly available information and may not be fully accurate. Please verify all data with the official NSE (nseindia.com) and BSE (bseindia.com) websites before making any investment decision. Investments in securities are subject to market risk. This content is for educational purposes only and does not constitute investment advice from Univest (SEBI RA INH000013776).<\/p>\n<\/div>\n<h2><span class=\"ez-toc-section\" id=\"Frequently_Asked_Questions\"><\/span><strong>Frequently Asked Questions<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h2>\n<h3><span class=\"ez-toc-section\" id=\"What_does_MRF_do\"><\/span><strong>What does MRF do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> MRF is a listed Indian company in the Tyres and rubber segment. Visit univest.in for live data.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_does_Apollo_Tyres_do\"><\/span><strong>What does Apollo Tyres do?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Apollo Tyres is a listed Indian company in the Tyres and rubber segment. Visit univest.in for live data.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Which_is_larger_in_the_MRF_vs_Apollo_Tyres_comparison\"><\/span><strong>Which is larger in the MRF vs Apollo Tyres comparison?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Based on current data: MRF MCap approx Rs 50,000-58,000 Cr. Verify from NSE or BSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_do_PE_ratios_compare_in_MRF_vs_Apollo_Tyres\"><\/span><strong>How do PE ratios compare in MRF vs Apollo Tyres?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The PE ratio comparison is in the data table above. Verify from NSE or BSE before investing.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"What_is_the_ROE_of_MRF\"><\/span><strong>What is the ROE of MRF?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> The ROE of MRF is listed in the comparison table above. Verify from the latest quarterly filings.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"Does_Apollo_Tyres_pay_dividends\"><\/span><strong>Does Apollo Tyres pay dividends?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> Dividend yield information for Apollo Tyres is in the comparison above. Verify from NSE or BSE.<\/p>\n<h3><span class=\"ez-toc-section\" id=\"How_should_I_evaluate_Tyres_and_rubber_stocks\"><\/span><strong>How should I evaluate Tyres and rubber stocks?<\/strong><span class=\"ez-toc-section-end\"><\/span><\/h3>\n<p><strong>Ans.<\/strong> For Tyres and rubber stocks, review earnings quality, ROE trends, debt levels and sector outlook. Consult a SEBI-registered advisor (INH000013776) before investing.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Full MRF vs Apollo Tyres comparison for Indian investors. Market cap, PE, ROE and dividend data sourced from publicly available data, public filings. 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