
MRF Share Price Prediction 2027: Scenario Targets, Valuation and Technical Outlook
CMP Rs 1,22,180.00 (9 Oct 2026). 52W range Rs 1,21,900.00 to Rs 1,63,600.00. PE 21.47. 2027 base Rs 1,46,616, bull Rs 1,52,725.
Updated: 9 Oct 2026 • 1:14 pm
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Quick Answer
The MRF share price forecast for 2027 centres on a conservative case of Rs 1,40,507, a base case of Rs 1,46,616 and a bull case of Rs 1,52,725, against a current price of Rs 1,22,180.00. These targets scale today's price by reported EPS growth at a constant PE multiple, so they rest on earnings the company has already delivered, not on broker forecasts. The base case implies 20.0% upside from today's price. The daily technical setup reads bearish.
MRF share price prediction 2027 comes down to earnings growth and the multiple investors pay for it, and the reported numbers give a measured answer. The stock trades at Rs 1,22,180.00 on NSE as of 9 October 2026, 25.3% below its 52-week high of Rs 1,63,600.00, after the company reported net profit of Rs 2,426.10 crore for FY26.
This MRF stock forecast 2027 builds conservative, base and bull scenarios from exchange-reported financials, shareholding data and daily price indicators, with every assumption shown.
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MRF Share Price Today and Key Data
The MRF share price today is Rs 1,22,180.00 on NSE, down 0.23% on the day. The market capitalisation stands at Rs 51,916 crore. Over the past year the price has fallen 21.9% from Rs 1,56,355.00. Every MRF stock forecast figure below starts from this price.
| Metric | Value |
|---|---|
| Company | MRF (MRF) |
| Current Price | Rs 1,22,180.00 |
| 52-Week High | Rs 1,63,600.00 (24 October 2025) |
| 52-Week Low | Rs 1,21,900.00 (9 October 2026) |
| Market Cap | Rs 51,916 crore |
| PE Ratio | 21.47 |
| Industry PE | 19.15 |
| PB Ratio | 2.48 |
| EPS (TTM) | Rs 5,700.92 |
| Return on Equity | 11.57% |
| Debt to Equity | 0.15 |
| Dividend Yield | 0.19% |
| Book Value per Share | Rs 49,454.97 |
What Is the MRF Share Price Prediction for 2027?
The MRF share price prediction for 2027 is a conservative case of Rs 1,40,507, a base case of Rs 1,46,616 and a bull case of Rs 1,52,725. Against Rs 1,22,180.00, these imply 15.0% upside, 20.0% upside and 25.0% upside. They are model scenarios built from reported EPS growth, not broker targets.
| Scenario | EPS Growth Basis | EPS Estimate | PE Multiple | Implied Value | Upside vs Current Price |
|---|---|---|---|---|---|
| Conservative Case | Lower of FY26 growth (29.5%) and 4-year CAGR (38.0%) (capped at 15%) | Rs 6,556.06 (+15.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 1,40,507 | +15.0% |
| Base Case | Average of the two (capped at 20%) | Rs 6,841.10 (+20.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 1,46,616 | +20.0% |
| Bull Case | Higher of the two (capped at 25%) | Rs 7,126.15 (+25.0%) | Unchanged from today (price to EPS ratio kept constant) | Rs 1,52,725 | +25.0% |
Each target takes today's price of Rs 1,22,180.00 and scales it by the EPS growth assumed for that case, which is the same as holding the PE multiple constant. The conservative case uses the lower of the FY26 EPS growth and the 4-year EPS CAGR, the base case uses their average and the bull case uses the higher figure. Together they form the MRF target price range for the FY27 outlook over the next 12 months, and the range is not a point estimate.
MRF Share Price Forecast: What Has to Go Right by 2027
Each MRF target price below depends on a specific EPS outcome, and the text states that outcome next to the number.
Conservative Case for the MRF Share Price Target: Rs 1,40,507
Reaching Rs 1,40,507 needs EPS to rise 15.0% to Rs 6,556.06 while the stock keeps its current PE multiple. That follows the slower 4-year EPS CAGR of 38.0%.
Base Case for the MRF Share Price Target: Rs 1,46,616
Reaching Rs 1,46,616 needs EPS to rise 20.0% to Rs 6,841.10, the average of the FY26 growth rate and the 4-year CAGR. Net profit growth of -1.3% in Q1 FY27 is below that pace, so earnings need to speed up to reach this level.
Bull Case for the MRF Share Price Target: Rs 1,52,725
Reaching Rs 1,52,725 needs EPS to rise 25.0% to Rs 7,126.15 with the PE multiple held at today's level. That sits inside the 52-week range of Rs 1,21,900.00 to Rs 1,63,600.00. A daily close above the nearest resistance level of Rs 1,27,103.50 (Supertrend) would be the first technical confirmation.
MRF Financial Performance: Revenue, Profit and Margins
MRF earned net profit of Rs 2,426.10 crore on revenue of Rs 31,653.64 crore in FY26, with profit up 29.5% and revenue up 10.8% compared with FY25. Diluted EPS was Rs 5,720.39 against Rs 4,416.94 a year earlier, and that earnings base anchors the MRF share price forecast.
| Year | Revenue (Rs Cr) | Net Profit (Rs Cr) | EPS (Rs) | Operating Margin | Net Margin |
|---|---|---|---|---|---|
| FY22 | 19,633.71 | 669.24 | 1,577.97 | 12.30% | 3.41% |
| FY23 | 23,261.17 | 768.94 | 1,813.04 | 11.51% | 3.31% |
| FY24 | 25,486.05 | 2,081.23 | 4,907.24 | 18.19% | 8.17% |
| FY25 | 28,569.65 | 1,873.29 | 4,416.94 | 16.00% | 6.56% |
| FY26 | 31,653.64 | 2,426.10 | 5,720.39 | 17.18% | 7.66% |
In the latest reported quarter, Q1 FY27 (quarter ended June 2026), revenue was Rs 8,610.56 crore against Rs 7,804.23 crore a year earlier (+10.3%), and the bottom line was a net profit of Rs 495.35 crore against a net profit of Rs 501.82 crore (-1.3%). Operating margin was 14.09% versus 15.62% in the year-ago quarter. Cash flow from operations was Rs 4,590.30 crore in FY26 against Rs 1,864.76 crore in FY25. Together these figures set the earnings base for the MRF share price prediction.
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Is MRF Overvalued or Undervalued Right Now?
MRF trades at a PE of 21.47 against an industry PE of 19.15, which places the stock at a 12.1% premium to the industry average. The price-to-book ratio is 2.48 on a book value of Rs 49,454.97 per share. Return on equity of 11.57% means the company earns Rs 11.57 of profit for every Rs 100 of shareholder equity.
Debt to equity is 0.15, so borrowings equal about 15% of shareholder equity. The company declared a dividend of Rs 235.00 per share for FY26, a yield of 0.19% at the current price. This valuation context frames the MRF stock price prediction for 2027 without relying on any outside forecast.
MRF Stock Analysis: Technical Outlook
MRF stock trades below its 50-day SMA of Rs 1,29,277.60 and below its 200-day EMA of Rs 1,33,005.89, and the combined daily indicators read bearish. The 52-week high of Rs 1,63,600.00 was set on 24 October 2025, while the 52-week low of Rs 1,21,900.00 came on 9 October 2026.
| Indicator | Reading | Signal |
|---|---|---|
| RSI (14) | 31.61 | Weak momentum |
| MACD (12,26,9) | -1856.81 vs signal -1892.22 | Bullish |
| ADX (14) | 55.55 | Established trend |
| Supertrend (10,3) | Price below Rs 1,27,103.50 | Bearish |
| 50-day SMA | Rs 1,29,277.60 | Price below |
| 200-day EMA | Rs 1,33,005.89 | Price below |
The nearest support level sits at Rs 1,21,900.00 (52-week low). The nearest resistance level sits at Rs 1,27,103.50 (Supertrend) and Rs 1,29,277.60 (50-day SMA). A sustained move above the nearest resistance would support the MRF share price prediction 2027 base case, and this MRF stock analysis uses daily candles only.
MRF Shareholding Pattern
Promoters hold 27.77% of MRF as of Jun 2026, down from 27.78% in Jun 2025 across the last 5 quarters. FII holding is 17.42% (down from 18.67% in Jun 2025) and DII holding is 12.10% (up from 11.67% in Jun 2025), which puts combined institutional holding at 29.52%. Public shareholders own 42.71%. Shareholding data is one input for any MRF stock forecast.
Key Risks to the MRF Share Price Target for 2027
Earnings and Margin Risk
Operating margin has ranged from 11.51% to 18.19% between FY22 and FY26, so a slip toward the lower end would trim the EPS estimate behind the MRF stock forecast. Revenue was up 10.8% in FY26, and slower revenue growth would weigh on the profit path.
Size and Liquidity Risk
Market capitalisation stands at Rs 51,916 crore. Investors should check daily traded volumes and order book depth on NSE before sizing a position, because price moves can be sharper when volumes thin out. Liquidity is a practical constraint on any MRF stock price target.
Balance Sheet Risk
Debt to equity of 0.15 means borrowings stand at about 15% of shareholder equity. A rise in borrowing costs or a jump in debt would weigh on profit and on the multiple behind the MRF share price forecast.
Technical Risk
The daily indicators read bearish, so the targets above may need a technical turn before the price follows earnings. A daily close below Rs 1,21,900.00 (52-week low) would weaken the setup further.
Conclusion
This MRF stock analysis puts the share price target range for 2027 at Rs 1,40,507 to Rs 1,52,725, with a base case of Rs 1,46,616 against Rs 1,22,180.00 today. The inputs are a PE of 21.47 that sits at a 12.1% premium to the industry average, EPS growth of 29.5% in FY26 and a daily technical setup that reads bearish. The next quarterly result will show which scenario is gaining ground. This analysis is educational, so consult a SEBI-registered advisor before acting on it.
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Disclaimer: Data and figures in this article are sourced from publicly available information. These may or may not be 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 is not investment advice by Univest (SEBI RA INH000013776).
Frequently Asked Questions on MRF Share Price Prediction 2027
What is the MRF share price target for 2027?
Ans. The MRF share price forecast for 2027 has a conservative case of Rs 1,40,507, a base case of Rs 1,46,616 and a bull case of Rs 1,52,725. These are model scenarios based on reported EPS growth, and they are not guaranteed outcomes.
What is the MRF share price today?
Ans. MRF trades at Rs 1,22,180.00 on NSE as of 9 October 2026, down 0.23% on the day. The 52-week range is Rs 1,21,900.00 to Rs 1,63,600.00.
Is MRF a good stock to buy for 2027?
Ans. The data points in different directions: the PE of 21.47 is at a 12.1% premium to the industry average, EPS grew 29.5% in FY26 and the daily technical setup reads bearish. This article does not constitute investment advice, so consult a SEBI-registered advisor before deciding.
Can MRF stock reach Rs 1,52,725 in 2027?
Ans. Reaching Rs 1,52,725 needs EPS to rise 25.0% from Rs 5,700.92 with the PE multiple held at today's level, plus a daily close above Rs 1,27,103.50 (Supertrend). This is a scenario, not a guarantee.
What are the support and resistance levels for MRF?
Ans. The nearest support levels are Rs 1,21,900.00 (52-week low), and the nearest resistance levels are Rs 1,27,103.50 (Supertrend) and Rs 1,29,277.60 (50-day SMA).
What are the main risks for MRF stock in 2027?
Ans. The main risks to the MRF share price forecast are a fall in operating margin from the 11.51% to 18.19% range seen since FY22, slower revenue growth after FY26 revenue was up 10.8%, and thin trading volumes. Debt to equity of 0.15 adds balance sheet sensitivity.
How is the MRF target price for 2027 calculated?
Ans. Each target scales the current price by assumed EPS growth at a constant PE multiple. The conservative case uses 15.0% growth, the base case 20.0% and the bull case 25.0%, all drawn from the company's reported FY26 and 4-year EPS growth.
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