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  Published Paper Details:

  Paper Title

"Assessing the Market Competitiveness of MRF Tyres: A Comprehensive Feasibility Analysis"

  Authors

  Dr. Siva Prakash J. S,,  Y. Sharath Kumar Reddy

  Keywords

Cricket Icons, Profitability, Debt, Regulatory environment, Industry trends, Cash flow, Competitors, Working Capital, Return on Assets, Return on Equity.

  Abstract


The goal of the feasibility study is to examine MRF Tyres dominant position in the Indian Tyre market. For many years, the well-known Tyre maker MRF Tyres has dominated the market. This research looks into the success and dominance of MRF Company in the Tyre industry by collecting responses from customers. The research is started by gathering the appropriate financial statements, such as the income statement, balance sheet, and cash flow statement for the given period, in order to conduct research on MRF's financial performance from 2012 through 2022. The success of the company would then be assessed using financial ratios and measures, such as profitability, liquidity, and solvency ratios. Comparing the company's performance to industry benchmarks and competitors would show where it is outperforming or falling short. To evaluate the company's financial performance, trends, strengths, weaknesses, or areas for improvement would be found. The implications of the findings for possible business opportunities and investment opportunities will be examined. The research's results would be presented simply and plainly using visual aids like charts and graphs. A deeper knowledge of the company's sales and profitability trends over the past ten years could be one of the expected consequences of this study on the financial performance of MRF Tyres from 2012 to 2022. The analysis of MRF's profitability using indicators like net income and profit margins could reveal any patterns or variations in revenue growth. The financial situation and debt levels of the organization, as well as its cash flow and working capital management, might all be examined in this study. The study also assess the company's future growth potential and investment options, as well as compare MRF's performance to industry benchmarks and rivals. In the end, the anticipated study findings may offer insightful information to stakeholders, investors, and the management team of the organization. The research is carried out from the aspects of people collected through the survey conducted to study the reasons for the success of MRF. Then the collected data is analyzed and represented using visual representation tools such as pie charts and line graphs.

  IJCRT's Publication Details

  Unique Identification Number - IJCRT2305070

  Paper ID - 236079

  Page Number(s) - a492-a504

  Pubished in - Volume 11 | Issue 5 | May 2023

  DOI (Digital Object Identifier) -    http://doi.one/10.1729/Journal.34094

  Publisher Name - IJCRT | www.ijcrt.org | ISSN : 2320-2882

  E-ISSN Number - 2320-2882

  Cite this article

  Dr. Siva Prakash J. S,,  Y. Sharath Kumar Reddy,   ""Assessing the Market Competitiveness of MRF Tyres: A Comprehensive Feasibility Analysis"", International Journal of Creative Research Thoughts (IJCRT), ISSN:2320-2882, Volume.11, Issue 5, pp.a492-a504, May 2023, Available at :http://www.ijcrt.org/papers/IJCRT2305070.pdf

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ISSN: 2320-2882
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Journal Starting Year (ESTD) : 2013
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ISSN and 7.97 Impact Factor Details


ISSN
ISSN
ISSN: 2320-2882
Impact Factor: 7.97 and ISSN APPROVED
Journal Starting Year (ESTD) : 2013
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