Comparison · NSE · data 2026-11-01
Balkrishna Industries Limited vs MRF Limited
In plain words
Size: MRF Limited is about 1.2 times the market value of Balkrishna Industries Limited.
Valuation (P/E): Balkrishna Industries Limited 28.5 vs MRF Limited 20.5.
Profit growth over 3 years: MRF Limited 46.7% a year vs Balkrishna Industries Limited 5.5% a year.
Debt to equity: Balkrishna Industries Limited 0.38 vs MRF Limited 0.15.
Differences in the numbers, not a recommendation of either stock.
Side by side
| BALKRISIND | MRF | |
|---|---|---|
| Price | ₹2,072.6 | ₹1,16,775 |
| Market cap | ₹40,061 cr | ₹49,540 cr |
| P/E | 28.5 | 20.5 |
| P/B | — | — |
| ROE | 11.6% | 12.3% |
| ROCE | 14.9% | 14.5% |
| Debt / equity | 0.38 | 0.15 |
| Operating margin | 15.2% | 9.6% |
| Dividend yield | 0.77% | 0.20% |
| Sales growth, 3 years (yearly) | 3.6% | 10.6% |
| Profit growth, 3 years (yearly) | 5.5% | 46.7% |
| 1-year return | -11.7% | -27.1% |
| Revenue, last 12 months | ₹11,518 cr | ₹31,889 cr |
| Net profit, last 12 months | ₹1,406 cr | ₹2,415 cr |
| Latest quarter | Jun 2026 | Jun 2026 |
| Quarter net profit | ₹451 cr | ₹495 cr |
| Quarter profit vs a year earlier | +56.4% | -1.0% |
| Promoter holding | 58.29% | 27.61% |
| Health check | Average (5.6/10) | Average (6.2/10) |
Common questions
Which has a higher P/E, Balkrishna Industries Limited or MRF Limited?
Balkrishna Industries Limited trades at the higher P/E (28.5 against 20.5). 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 11.6%).
Which carries more debt?
Balkrishna Industries Limited has the higher debt-to-equity ratio (0.38 against 0.15).