NSE ScannerComparison · NSE · data 2026-10-31
Apollo Tyres Limited. vs MRF Limited
In plain words
Size: MRF Limited is about 2.1 times the market value of Apollo Tyres Limited..
Valuation (P/E): MRF Limited 20.5 vs Apollo Tyres Limited. 14.1.
Return on equity: MRF Limited 12.3% vs Apollo Tyres Limited. 8.7%.
Profit growth over 3 years: MRF Limited 46.7% a year vs Apollo Tyres Limited. 9.5% a year.
Debt to equity: Apollo Tyres Limited. 0.22 vs MRF Limited 0.15.
Differences in the numbers, not a recommendation of either stock.
Side by side
| APOLLOTYRE | MRF | |
|---|---|---|
| Price | ₹379.45 | ₹1,16,775 |
| Market cap | ₹24,115 cr | ₹49,540 cr |
| P/E | 14.1 | 20.5 |
| P/B | — | — |
| ROE | 8.7% | 12.3% |
| ROCE | 13.6% | 14.5% |
| Debt / equity | 0.22 | 0.15 |
| Operating margin | 8.8% | 9.6% |
| Dividend yield | 1.58% | 0.20% |
| Sales growth, 3 years (yearly) | 5.4% | 10.6% |
| Profit growth, 3 years (yearly) | 9.5% | 46.7% |
| 1-year return | -25.1% | -27.1% |
| Revenue, last 12 months | ₹29,308 cr | ₹31,889 cr |
| Net profit, last 12 months | ₹1,708 cr | ₹2,415 cr |
| Latest quarter | Jun 2026 | Jun 2024 |
| Quarter net profit | ₹349 cr | ₹571 cr |
| Quarter profit vs a year earlier | +2608.6% | — |
| Promoter holding | 36.93% | 27.61% |
| Health check | Average (6.3/10) | Average (6.2/10) |
Common questions
Which has a higher P/E, Apollo Tyres Limited. or MRF Limited?
MRF Limited trades at the higher P/E (20.5 against 14.1). A higher P/E means the market pays more for each rupee of past earnings; on its own it does not say which is better.
Which earns a higher return on equity?
MRF Limited (12.3% against 8.7%).
Which carries more debt?
Apollo Tyres Limited. has the higher debt-to-equity ratio (0.22 against 0.15).