Mangalore Refinery & Petrochemicals Ltd.

Mangalore Refinery & Petrochemicals Ltd.

162.53
INR
-3.41
(-2.05%)
12.80EPS
11.64P/E
261.22BMarket Cap
Jan 25Next Earn
Mangalore Refinery & Petrochemicals Ltd.
NSE:MRPL
(National Stock Exchange of India)

Recent

price

162.53

P/E

ratio

11.64

div

yld

- -

ROIC.AI

2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
2024
2025
2026
TTM
INR
221.79
307.11
374.7
408.06
326.91
225.72
168.63
279.18
360.44
287.4
180.03
398.35
621.79
515.65
540.03
505.69
595.26
Revenue per Share
6.71
5.18
-4.32
3.46
-10.29
2.89
19.81
11.37
1.94
-19.14
-4.36
16.88
15.15
20.52
0.32
10.98
12.8
Basic EPS, GAAP
-9.24
-22.35
-8.29
42.13
-10.85
5.59
-11.24
16.55
2.55
-6.88
-21.2
22.17
32.3
31.35
5.06
6.38
- -
Free Cash Flow per Basic Share
1.4
1.39
1.16
0.01
0.01
0.01
- -
7.22
3.62
1.21
- -
- -
- -
1
2
4
- -
Dividend per Share
37.2
41.25
36.9
40.45
29.73
34.43
54.22
58.39
56.75
36.29
24.24
41.14
56.29
75.79
74
81
- -
Book Value per Share
37.16
41.21
36.88
40.44
27.53
32.25
52.05
56.21
54.56
34.08
22.04
38.95
54.1
73.49
71.65
78.33
- -
Tangible Book Value per Share
1,754
1,753
1,753
1,753
1,753
1,753
1,753
1,753
1,753
1,753
1,753
1,753
1,753
1,753
1,753
1,753
1,752
Basic Weighted Avg Shares
388,922
538,241
656,697
715,161
572,946
395,601
295,536
489,288
631,705
503,692
315,515
698,153
1,089,756
903,731
946,455
886,274
1,042,718
Sales/Revenue/Turnover
4.18
3.4
0.36
0.43
-3.5
4.85
13.9
7.59
3
-6.63
-1.7
5.94
6.24
7.5
1.3
6.74
4.33
Operating Margin (%)
3,930
4,394
6,044
7,063
5,236
10,130
9,841
9,661
10,475
10,858
11,580
10,877
11,867
12,573
13,470
15,199
- -
Depreciation Expense
11,766
9,086
-7,569
6,061
-18,033
5,058
34,726
19,926
3,400
-33,546
-7,650
29,583
26,554
35,971
562
19,246
22,429
Net Income, GAAP
32.26
31.18
- -
- -
- -
- -
34.84
38.23
46.07
- -
- -
- -
37.61
34.87
52.72
52.06
47.81
Effective Tax Rate (%)
3.03
1.69
-1.15
0.85
-3.15
1.28
11.75
4.07
0.54
-6.66
-2.42
4.24
2.44
3.98
0.06
2.17
2.15
Profit Margin (%)
-6,970
-4,248
-9,053
13,690
-60,972
-83,458
-42,643
-75,900
-79,827
-44,638
-38,408
-25,365
-1,344
3,883
-2,743
27,274
- -
Working Capital
7,914
36,177
55,114
86,377
115,424
88,375
85,291
44,568
39,358
134,390
159,065
144,167
126,238
91,496
84,974
94,153
- -
LT Debt
65,289
72,292
64,677
70,898
60,808
65,864
98,752
103,874
102,459
62,279
42,481
72,094
98,645
132,825
129,696
141,969
- -
Total Equity
14.64
12.17
- -
- -
- -
- -
11.99
8.89
4.07
- -
- -
- -
15.21
16.38
2.23
10.15
- -
Return on Invested Capital (%)
16.51
9.55
- -
- -
- -
- -
19.25
10.77
2.92
- -
- -
- -
12.01
16.3
1.96
8.35
- -
Return on Capital (%)
19.44
13.22
-11.05
8.94
-29.32
9
44.7
20.19
3.37
-41.15
-14.42
51.64
31.1
31.08
0.43
14.17
- -
Return on Common Equity (%)

Capital Structure

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
ST Debt
- -
59,258
- -
LT Borrowings
- -
85,044
- -
LT Finance Leases
- -
9,109
- -
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
1,753
1,753
1,753
Market Capitalization
266,448
315,187
261,225

Working Capital

INR

•

in mil. unless spec.
Dec'26
Mar'26
Jun'27
Total Current Assets
- -
217,434
- -
Cash, Cash Equivalents & STI
- -
6,973
- -
Accounts Receivable, Net
- -
60,588
- -
Inventories
- -
144,216
- -
Total Current Liabilities
- -
190,160
- -
Payables & Accruals
- -
- -
- -
ST Debt
- -
59,258
- -
Deferred Revenue
- -
- -
- -

Growth Rates

INR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
13.1%
29.66%
9.46%
Free Cash Flow
-101.34%
-43.91%
26.06%
Net Income, GAAP
206.16%
552.86%
3,324.22%
Sales/Revenue/Turnover
17.04%
31.73%
-6.36%
Total Cash Common Dividend
- -
- -
100%

Quarterly Revenue

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
232,470
249,679
218,709
245,963
946,455
2026
173,562
- -
247,117
239,497
886,274
2027
382,542
- -
- -
- -
- -

Quarterly Earnings Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
0.42
-3.98
1.76
2.11
0.32
2026
-1.54
- -
8.28
0.67
10.98
2027
5.4
- -
- -
- -
- -

Quarterly Dividends Per Share

INR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2025
- -
- -
- -
- -
2
2026
- -
- -
- -
- -
4
2027
- -
- -
- -
- -
- -
Business
Mangalore Refinery and Petrochemicals Limited (MRPL.NS) operates a complex oil refinery with a capacity of 15 million metric tonnes per annum, focusing on refining crude oil into a wide range of petroleum and petrochemical products; its core offerings include liquefied petroleum gas (LPG), high-speed diesel (HSD), motor spirit (petrol), aviation turbine fuel (ATF), kerosene, petroleum coke, base oils, polypropylene, and aromatic compounds such as toluene. The company, a subsidiary of Oil and Natural Gas Corporation (ONGC) with 71.63% ownership, processes diverse crudes of varying API gravities and serves domestic and export markets in Asia, Europe, and the Middle East through its strategic location near New Mangalore Port. Established in 1988 and headquartered in Mangalore, Karnataka, India, at Katipalla, MRPL maintains high flexibility with features like two hydrocrackers for premium diesel, two continuous catalytic reformers for high-octane petrol, and a polypropylene unit of 0.44 million metric tonnes per year. Recent developments include the launch of toluene production with 40 thousand metric tonnes annual capacity in early 2025 to address domestic shortages and save foreign exchange; acquisition of additional stake increasing ownership in Mangalore SEZ to 27.92% for Rs 65.66 crore in January 2025; a crude storage agreement with Indian Strategic Petroleum Reserves Limited for its Mangalore facility; ambitious retail expansion targeting 100 new outlets in FY26 to reach around 300 total; and the Green Initiative program enhancing biofuel output by 25% alongside investments in sustainable energy and technology upgrades.

Company News

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