MRF (NSE:MRF) Total Inventories: ₹54,168 Mil (As of Mar. 2026)


NSE:MRF MRF Ltd NSE:MRF
94 GF Score
Price ₹129,550.00
GF Value ₹158,971.15
Valuation Modestly Undervalued
! 1 Warning Sign
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What is MRF Total Inventories?

MRF NSE:MRF -0.44% 94 Total Inventories is ₹54,168 Mil as of Mar. 2026. GuruFocus rates NSE:MRF with a GF Score™ of 94/100 and a GF Value™ of ₹158,971.15 (Modestly Undervalued). The stock has 1 warning sign investors should review.

MRF's total inventories for the quarter that ended in Mar. 2026 was ₹54,168 Mil. MRF's average total inventories from the quarter that ended in Dec. 2025 to the quarter that ended in Mar. 2026 was ₹27,084 Mil.

In Ben Graham's calculation of Net-Net Working Capital, inventory is only considered worth half of its book value. MRF's Net-Net Working Capital per share for the quarter that ended in Mar. 2026 was ₹-428.61.

Days Inventory indicates the number of days of goods in sales that a company has in the inventory. MRF's Days Inventory for the three months ended in Mar. 2026 was 50.19.

Inventory Turnover measures how fast the company turns over its inventory within a year. MRF's Inventory Turnover for the quarter that ended in Mar. 2026 was 1.82.

Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue. MRF's Inventory-to-Revenue for the quarter that ended in Mar. 2026 was 0.34.


MRF  (NSE:MRF) Total Inventories Explanation

Inventory control is an important part of business operation. If a company does not have enough inventory, it may not be able to meet customers' required delivery time. If it has too much inventory, the cost of holding the inventory can be high.

1. In Ben Graham's calculation of Net-Net Working Capital (NNWC), inventory is only considered worth half of its book value.

MRF's Net-Net Working Capital Per Share for the quarter that ended in Mar. 2026 is

Net-Net Working Capital Per Share (Q: Mar. 2026 )
=(Cash And Cash Equivalents+0.75 * Accounts Receivable+0.5 * Total Inventories-Total Liabilities
-Preferred Stock-Minority Interest)/Shares Outstanding (EOP)
=(54325.8+0.75 * 35415.8+0.5 * 54168.2-109787.6
-0-1.9)/4.241
=-428.61

2. Days Inventory indicates the number of days of goods in sales that a company has in the inventory.

MRF's Days Inventory for the three months ended in Mar. 2026 is calculated as:

Days Inventory=Average Total Inventories (Q: Mar. 2026 )/Cost of Goods Sold (Q: Mar. 2026 )*Days in Period
=27084.1/49243.4*365 / 4
=50.19

3. Inventory Turnover measures how fast the company turns over its inventory within a year.

MRF's Inventory Turnover for the quarter that ended in Mar. 2026 is calculated as

Inventory Turnover=Cost of Goods Sold (Q: Mar. 2026 ) / Average Total Inventories (Q: Mar. 2026 )
=49243.4 / 27084.1
=1.82

4. Inventory-to-Revenue determines the ability of a company to manage their inventory levels. It measures the percentage of Inventories the company currently has on hand to support the current amount of Revenue.

MRF's Inventory to Revenue for the quarter that ended in Mar. 2026 is calculated as

Inventory-to-Revenue=Average Total Inventories (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=27084.1 / 80442.2
=0.34

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


Be Aware

Manufacturers with durable competitive advantages have the advantage that the products they sell do not change, and therefore will never become obsolete. Buffett likes this advantage.

When identifying manufacturers with durable competitive advantage, look for inventory and net earnings that rise correspondingly. This indicates that the company is finding profitable ways to increase sales which called for an increase in inventory.

Manufacturers with inventories that spike up and down are indicative of competitive industries subject to boom and bust.


MRF Total Inventories Related Terms


MRF Total Inventories Historical Data

* Premium members only.

The historical data trend for MRF's Total Inventories can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MRF Total Inventories Chart

MRF Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Total Inventories
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41,296.70 41,410.50 44,685.80 56,247.80 54,168.20

MRF Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Total Inventories Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 56,247.80 0.00 53,772.10 0.00 54,168.20
NSE:MRF
94GF Score
MRF Ltd NSE:MRF
Total Inventories is just one metric. See GF Score™, valuation, warning signs, and more.
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MRF Total Inventories Calculation

Total Inventories includes the raw materials, work-in-process goods and completely finished goods of a company. It is a portion of a company's current assets.

Frequently Asked Questions Learn more about Total Inventories →
What does a Total Inventories of ₹54,168 Mil mean?
MRF (NSE:MRF) has a Total Inventories of ₹54,168 Mil as of Mar. 2026. The total amount of inventory as recorded on a company's balance sheet. View historical data for MRF and its competitors.
Is MRF's Total Inventories too high?
MRF's current Total Inventories is ₹54,168 Mil. Overall, MRF has a GF Score™ of 94/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does MRF's Total Inventories compare to ORLY and AZO?
MRF's Total Inventories of ₹54,168 Mil can be compared against companies in the Vehicles & Parts industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Inventories for a Vehicles & Parts company?
A good Total Inventories depends on the Vehicles & Parts industry context. However, Total Inventories should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Inventories mean?
A high Total Inventories can signal that a stock is expensive relative to its fundamentals. The total amount of inventory as recorded on a company's balance sheet. View historical data for MRF and its competitors. MRF's current Total Inventories is ₹54,168 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MRF stock overvalued right now?
Based on GuruFocus' analysis, MRF (NSE:MRF) is currently considered Modestly Undervalued. The stock's GF Value™ is ₹158,971.15, compared to a current price of ₹129,550.00 — trading 18.5% below its estimated fair value. The current Total Inventories is ₹54,168 Mil. MRF's overall GF Score™ is 94/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Inventories calculated?
Total Inventories is calculated from a company's financial statements. For MRF (NSE:MRF), the current Total Inventories is ₹54,168 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MRF (NSE:MRF) Overvalued in 2026?

Based on GuruFocus' analysis, MRF stock appears to be undervalued. The current stock price of ₹129,550.00 is trading 18.5% below its estimated GF Value™ of ₹158,971.15. GuruFocus considers MRF to be Modestly Undervalued.

Key valuation signals for NSE:MRF:

  • Total Inventories: ₹54,168 Mil
  • GF Value™: ₹158,971.15 vs. price of ₹129,550.00 (18.5% below fair value)
  • GF Score™: 94/100 with 1 warning sign

No single metric tells the full story. See the NSE:MRF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MRF Business Description

Other Exchanges 500290:India
Address No. 114, Greams Road, Chennai, TN, IND, 600006
MRF Ltd makes and sells rubber products, including tires, tubes, tread rubber, conveyor belts, and building and floor coatings. The firm's tires are used for automobiles, commercial trucks, and farm equipment. The company sells tires under the MRF brand name. MRF also operates multiple retail stores that sell tires and offer services. Stores under the MRF TireRok brand offer wheel alignment and air conditioning repair. MRF Musclezone stores offer tire servicing for commercial vehicles. MRF Tyredom stores offer a wheel alignment and car washes. The majority of revenue comes from India.
94GF Score

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Total Inventories is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹129,550.00
Price
₹158,971.15
GF Value