Motherson vs MRF: share price, P/E, ROE and financials compared
Samvardhana Motherson International
MRF
Motherson and MRF at a glance
Motherson and MRF are both listed in Automobile and Auto Components. Motherson is the larger by market cap, at ₹1.7L Cr against ₹53,139 Cr for MRF (3.2 times as large). On valuation, MRF has the lower P/E (22.0× against 35.4×) and the lower price-to-book (2.53× against 3.70×). On returns and margins, MRF has the higher ROCE (15.6% against 11.5%), the higher ROE (12.3% against 10.2%) and the higher operating margin (15.1% against 9.6%). Over three years, Motherson has faster 3-year sales growth (+17.1% against +10.6% a year), while MRF has faster 3-year profit growth (+46.7% against +37.2% a year). MRF carries less debt for its equity, with a debt-to-equity of 0.15× against 0.44×.
Key metrics, side by side
| Metric | MothersonMOTHERSON | MRFMRF |
|---|---|---|
| Price (₹) | 158.55 | 1,25,295.00 |
| Market cap (₹ Cr) | 1,68,549 | 53,139 |
| P/E | 35.4× | 22.0× (the lower figure, shaded) |
| P/B | 3.70× | 2.53× (the lower figure, shaded) |
| Dividend yield, trailing | 0.38% (the higher figure, shaded) | 0.19% |
| ROE | 10.2% | 12.3% (the higher figure, shaded) |
| ROCE | 11.5% | 15.6% (the higher figure, shaded) |
| Operating margin (OPM) | 9.6% | 15.1% (the higher figure, shaded) |
| Net margin (NPM) | 3.4% | 7.6% (the higher figure, shaded) |
| Sales CAGR 3Y | +17.1% (the higher figure, shaded) | +10.6% |
| Profit CAGR 3Y | +37.2% | +46.7% (the higher figure, shaded) |
| Debt to equity | 0.44× | 0.15× (the lower figure, shaded) |
| Interest cover | 5.0× | 10.0× (the higher figure, shaded) |
| Net profit TTM (₹ Cr) | 4,380 | 2,415 |
| 1Y return | +60.8% (the higher figure, shaded) | −20.3% |
| Promoter holding | 48.60% | 27.61% |
Motherson vs MRF: common questions
Which is bigger, Motherson or MRF?
By market cap, Motherson is bigger at ₹1.7L Cr, against ₹53,139 Cr for MRF (prices as of 6 Nov 2026). Net profit over the last twelve months was ₹4,380 Cr for Motherson and ₹2,415 Cr for MRF.
Which has a lower P/E ratio, Motherson or MRF?
Motherson trades at a P/E of 35.4× and MRF at 22.0×. MRF has the lower P/E. P/E is the share price divided by earnings per share; it varies a lot between industries and with growth, so it says little on its own.
Which has a higher ROE, Motherson or MRF?
Motherson reports a return on equity of 10.2% and MRF 12.3%. MRF has the higher ROE. ROE is net profit as a share of shareholders’ equity.
Which is growing faster, Motherson or MRF?
Over the last three years: Sales grew +17.1% a year at Motherson and +10.6% at MRF, so Motherson grew sales faster; profit grew +37.2% a year at Motherson and +46.7% at MRF, so MRF grew profit faster. Past growth doesn’t predict future growth.