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MRF Tyres
3.7
based on 2.7k Reviews
Video summary
Company Overview
Associated Companies
Company Locations
Working at MRF Tyres
Company Summary
Madras Rubber Factory(MRF) is a Tyre manufacturer that produces a wide range of tyres. They specializes in Car & bike tyres trucks/buses tires, etc.
Overall Rating
3.7/5
based on 2.7k reviews
3% below
industry average
Highly rated for
Job security
Critically rated for
Company culture, Work satisfaction, Work-life balance
Work Policy
Work from office
87% employees reported
Monday to Saturday
51% employees reported
Strict timing
67% employees reported
No travel
46% employees reported
View detailed work policy
Top Employees Benefits
Job/Soft skill training
205 employees reported
Office cab/shuttle
200 employees reported
Health insurance
176 employees reported
Free meal
139 employees reported
View all benefits
About MRF Tyres
Founded in1946 (79 yrs old)
India Employee Count10k-50k
Global Employee Count10k-50k
India HeadquartersChennai, Tamil Nadu, India
Office Locations
Websitemrftyres.com
Primary Industry
Other Industries
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View in video summary
The MRF story is a truly remarkable one. What started as a rubber balloon factory with a funding of Rs.14, 000 way back in the 40’s is now a multibillion legacy that produces quality tyres used all around India & internationally along with a presence in paints & coats, toys, motorsports and cricket training.
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MRF Tyres Ratings
based on 2.7k reviews
Overall Rating
3.7/5
How AmbitionBox ratings work?
5
931
4
787
3
575
2
198
1
247
Category Ratings
3.9
Job security
3.7
Salary
3.4
Skill development
3.4
Promotions
3.2
Work-life balance
3.2
Work satisfaction
3.1
Company culture
MRF Tyres is rated 3.7 out of 5 stars on AmbitionBox, based on 2.7k company reviews.This rating reflects an average employee experience, indicating moderate satisfaction with the company’s work culture, benefits, and career growth opportunities. AmbitionBox gathers authentic employee reviews and ratings, making it a trusted platform for job seekers and employees in India.
Read more
Gender Based Ratings at MRF Tyres
based on 2.6k reviews
4.0
Rated by 34 Women
Rated 4.2 for Skill development and 4.1 for Job security
3.7
Rated by 2.5k Men
Rated 3.9 for Job security and 3.7 for Salary
Work Policy at MRF Tyres
based on 289 reviews in last 6 months
Work from office
87%
Permanent work from home
9%
Hybrid
4%
MRF Tyres Reviews
Top mentions in MRF Tyres Reviews
+ 5 more
Compare MRF Tyres with Similar Companies
Change Company | Change Company | Change Company | ||
|---|---|---|---|---|
Overall Rating | 3.7/5 based on 2.7k reviews | 4.0/5 based on 2.3k reviews | 4.0/5 based on 2.7k reviews | 4.0/5 based on 704 reviews |
Highly Rated for | Job security | Skill development Job security Company culture | Job security Company culture Skill development | Salary Job security |
Critically Rated for | Company culture Work-life balance Work satisfaction | Promotions | Promotions | No critically rated category |
Primary Work Policy | Work from office 87% employees reported | Work from office 81% employees reported | Work from office 80% employees reported | Work from office 85% employees reported |
Rating by Women Employees | 4.0 Good rated by 34 women | 3.6 Good rated by 92 women | 3.8 Good rated by 273 women | 3.6 Good rated by 9 women |
Rating by Men Employees | 3.7 Good rated by 2.5k men | 4.0 Good rated by 2.1k men | 4.0 Good rated by 2.3k men | 4.0 Good rated by 675 men |
Job security | 3.9 Good | 3.8 Good | 4.1 Good | 3.9 Good |
View more
MRF Tyres Salaries
MRF Tyres salaries have received with an average score of 3.7 out of 5 by 2.7k employees.
Production Supervisor
(531 salaries)
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₹1.8 L/yr - ₹5.5 L/yr
Junior Officer
(378 salaries)
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₹2.8 L/yr - ₹6 L/yr
Territory Sales Supervisor
(308 salaries)
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₹4.3 L/yr - ₹8 L/yr
Production Officer
(240 salaries)
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₹3 L/yr - ₹6.6 L/yr
Operation Assistant
(239 salaries)
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₹2.8 L/yr - ₹4.7 L/yr
Management Assistant
(207 salaries)
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₹3.2 L/yr - ₹7.5 L/yr
Officer
(201 salaries)
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₹3 L/yr - ₹7 L/yr
Executive Engineer
(191 salaries)
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₹4 L/yr - ₹9 L/yr
Production Engineer
(190 salaries)
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₹3.3 L/yr - ₹9 L/yr
Technical Sales Engineer
(185 salaries)
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₹6 L/yr - ₹10 L/yr
MRF Tyres Interview Questions
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MRF Tyres Jobs
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MRF Tyres News
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MRF Q3 Results Review: Motilal Oswal Reiterates 'Sell' On The Stock — Here's Why
- Motilal Oswal reiterates 'Sell' on MRF stock due to anticipated dilution of return ratios in the next two years.
- MRF's Q3 FY25 results showed a weak margin of 11.6%, indicating a contraction of 280bp QoQ.
- MRF seems to be focusing on recovering market share, resulting in higher margin impact compared to peers.
- Motilal Oswal expects MRF's return on equity to reach 10.5% by FY27E, down from ~13.5% in FY24.
Bloomberg Quint | 7 Feb, 2025
MRF Share Price Falls After Q3 Profit Drops 40%
- MRF Ltd.'s stock declined nearly 4% on Thursday as the company's third-quarter profit fell.
- Standalone net profit fell 40% to Rs 306 crore in the October-December quarter.
- Revenue from operations rose 13.8% to Rs 6,883 crore.
- MRF share price tanked 3.9% intraday to Rs 1,10,500 apiece.
Bloomberg Quint | 6 Feb, 2025
Q3 Results Today: Bharti Airtel, ITC, SBI, NMDC, MRF, Cochin Shipyard, Hero MotoCorp, Trent, REC And More
- Over 170 companies are going to release their third-quarter results, including State Bank of India (SBI) and ITC, Hero MotoCorp, Bharti Airtel, NMDC, MRF, Cochin Shipyard, and Trent.
- SBI has reported 28% growth in Q2 net profit to INR 18,331 crore YoY. SBI's net interest income (NII) also saw a YoY growth of 5% to INR 41,620 crore.
- In contrast, Swiggy Ltd's Q3 net loss widened to INR 799.08 crore, compared to that of INR 625.53 crore in the previous period.
- Similarly, ITC reported a 16% YoY growth in revenue, reaching INR 19,327.72 crore for Q2 FY25, and a 3% increase in net profit to INR 5,078.34 crore.
- Hero MotoCorp has reported a 10.8% YoY increase in revenue in Q2, reaching INR 10,463 crore, and a 14.2% increase in net profit to INR 1,204 crore.
- Other major firms that will announce their Q3 results on Feb. 6 include Trent, PVR Inox, Orient Technologies, BEML, Bikaji Foods, Britannia, JK Lakshmi Cement, and REC.
Bloomberg Quint | 6 Feb, 2025
MRF Q3 Results: Date, Time, Dividend Declaration And Other Key Details
- MRF is set to declare its Q3 results this week, with the board of directors meeting on February 6.
- MRF declared an interim dividend of Rs 3 per equity share for its shareholders in November 2024.
- MRF shares have declined over the year, with a 6.61% decline in the past month and a 15.92% decline in the past six months.
- In Q2, MRF reported an 11% YoY increase in consolidated revenue, but net profit declined by 20% compared to the same period last year.
Bloomberg Quint | 5 Feb, 2025
With a $2 million grant, Chandrika Tandon gives back to alma mater MCC
- Chandrika Tandon, a famous alumna of MCC, has donated a matching grant of $1 million to the college.
- She inaugurated the MCC Boyd Tandon School of Business, which bears her name and that of Alexander Boyd, a former principal of the college.
- The B-school will focus on interdisciplinary learning, social immersion, and bridging the gap between industry and academia.
- Students will have access to the MRF Innovation Park and gain industry experience through part-time work and interactions with industry experts.
HinduBusinessLine | 21 Jan, 2025
MRF expands footprint in EV and defence tyre segments
- MRF Ltd expands its presence in the electric vehicle (EV) and defence tyre segments.
- In the EV tyre segment, MRF supplies tyres to major EV manufacturers and focuses on low rolling resistance and noise reduction.
- MRF is the exclusive supplier of tyres for Indian defence aircraft and helicopters and is developing tyres for new aircraft and helicopters.
- MRF is also focusing on expanding exports to global markets and increasing manufacturing capacity.
HinduBusinessLine | 19 Jan, 2025
An Investor Borrowed Rs 1.5 Lakh To Buy One MRF Share — Here's Why That's A Bad Idea
- Taking a loan to invest may not be a good call, despite the hopes of good returns.
- Borrowing money to invest in the stock market is risky and lacks financial discipline.
- Interest on the loan can result in high payments and complicate the investment.
- Experts advise investing saved-up money in a systematic way rather than taking risky loan-based investments.
Bloomberg Quint | 30 Nov, 2024
Q2 Results Highlights: SBI, LIC, Tata Motors, Ashok Leyland, MRF, Ola Electric, others
- Ashok Leyland's net profit for Q2 of FY25 rose to Rs 603.95 crore
- Jupiter Wagons has reported a consolidated net profit of Rs 414.11 crore
- Ola Electric Mobility has posted Rs 10.67 crore net profit for Q2 of FY25
- Pritika Engineering Works has reported Rs 1.64 crore net profit for Q2 of FY25
- Whirlpool of India's net profit for the Q2FY25 period has increased by 11.45%
- LIC's total income for Q2 of FY25 rose to Rs 2,29,620 crore
- Tata Motors Q2 consolidated revenue from operations stood at Rs 1,00,534 crore
- Max Healthcare's Q2 profit rises to ₹317.87 crore
- MRF's profit before exceptional items and taxes was ₹611 crore
- Page Industries' net profit for Q2FY25 has increased by 8.30%
HinduBusinessLine | 8 Nov, 2024
MRF Q2 results: 20% profit drop to ₹455 crore amid rising costs
- MRF's Q2 profit before exceptional items and taxes dropped by 20% to ₹455 crore compared to ₹611 crore in the previous year.
- Revenue from operations increased by 11% to ₹6,760 crore in Q2 FY25 from ₹6,088 crore a year earlier.
- Higher raw material costs resulted in an overall increase in total expenses, reaching ₹6,262 crore compared to ₹5,384 crore in the previous year's Q2.
- MRF's net worth rose to ₹17,668 crore as of September 30, 2024, up from ₹15,831 crore a year earlier.
HinduBusinessLine | 8 Nov, 2024
Q2 Results Live Updates: Traders Eye SBI, LIC, MRF, Tata Motors, Vedanta, Ola Earnings Among 175 Today
- India Cements reports net loss of Rs 339 crore in Q2.
- SBI, MRF, Tata Motors, LIC among 175 companies to announce Q2 earnings.
- SBI expected to report standalone net profit of Rs 16,112 crore.
- Other notable companies announcing earnings include Welspun Corp, Fortis Healthcare, Aarti Industries, and Jupiter Wagons.
Bloomberg Quint | 8 Nov, 2024
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MRF Tyres Subsidiaries
MRF Vapocure Paints
3.9
• 293 reviews
Funskool India
3.8
• 95 reviews
Report error
MRF Tyres Offices
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MRF Tyres FAQs
When was MRF Tyres founded?
MRF Tyres was founded in 1946. The company has been operating for 79 years primarily in the Auto Components sector.
Where is the MRF Tyres headquarters located?
MRF Tyres is headquartered in Chennai, Tamil Nadu. It operates in 8 cities such as Chennai, Hyderabad / Secunderabad, New Delhi, Mumbai, Bangalore / Bengaluru. To explore all the office locations, visit MRF Tyres locations.
How many employees does MRF Tyres have in India?
MRF Tyres currently has more than 19,000+ employees in India. Production, Manufacturing & Engineering department appears to have the highest employee count in MRF Tyres based on the number of reviews submitted on AmbitionBox.
Does MRF Tyres have good work-life balance?
MRF Tyres has a work-life balance rating of 3.2 out of 5 based on 2,700+ employee reviews on AmbitionBox. 37% employees rated MRF Tyres 3 or below, while 63% employees rated it 4 or above for work-life balance. This rating suggests that while some employees recognize efforts towards work-life balance, there is scope for improvement based on employee feedback. We encourage you to read MRF Tyres work-life balance reviews for more details
Is MRF Tyres good for career growth?
Career growth at MRF Tyres is rated as moderate, with a promotions and appraisal rating of 3.4. 37% employees rated MRF Tyres 3 or below, while 63% employees rated it 4 or above on promotions/appraisal. This rating suggests that while some employees view growth opportunities favorably, there is scope for improvement based on employee feedback. We recommend reading MRF Tyres promotions/appraisals reviews for more detailed insights.
What are the pros and cons of working in MRF Tyres?
Working at MRF Tyres comes with several advantages and disadvantages. It is highly rated for job security. However, it is poorly rated for company culture, work satisfaction and work life balance, based on 2,700+ employee reviews on AmbitionBox.
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