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Mangalore Refinery and Petrochemicals Limited

Mangalore Refinery and Petrochemicals Limited

NSE: MRPL
Oil & Gas Refining & MarketingEnergyLARGE CAPMCap ₹30.27k Cr
₹172.71₹-2.08 (-1.19%)

Market Closed • NSE

Market cap₹30.27k Cr
Enterprise value₹45.34k Cr
P/E TTM6.86
Forward P/E4.28
P/B2.12
EPS TTM₹25.19
Forward EPS₹40.35
ROCE18.00%
D/E1.08
Dividend yield0.03%
Face value₹10.00
52W high₹212.31
52W low₹136.02
Price chart(1Y)
1Y Return:+7.27% (+₹11.70)
H: ₹191.9L: ₹144.3
1W-0.58%
1M+5.46%
3M-2.04%
6M-7.65%
1Y+22.60%
Today at a glance

Day range

₹169.50₹176.50

52 week range

₹136.02₹212.31
Volume13.98M1.03x 20D avg
Free float50.00%+2.60% volume

Mangalore Refinery and Petrochemicals Limited closed at INR172.71 (-1.19%) on volume 1.03x its 20-day average, trading 18.65% below its 52-week high.

Technical analysis
RSI (14)49.9Neutral (30–70)
MACDBULLISHBullish (Above signal)
ATR (14)₹8.57High
SMA 20₹171.31BULLISH
SMA 50₹172.52BULLISH
SMA 100₹166.07BULLISH
SMA 200₹169.34BULLISH
CPR bottom₹181.34
Pivot₹179.16
CPR top₹176.97
What changed recently?

2026-Q2

Q2 FY2026 Financial Results

PAT moved +708.5% QoQ

2026-03-11

DIVIDEND Announced

Interim Dividend - Rs 4 Per Share

2024-08-14

AGM Announced

Annual General Meeting

Shariah audit
Methodology: AAOIFI Shariah Standard No. 21
FAIL3/4 criteria
Non-Compliant (Financial Ratios)
CriteriaNumeratorDenominatorValueThresholdStatus
Interest-bearing debt ratio₹15.34k Cr₹30.27k Cr50.68%≤ 33%FAIL
Non-halal income ratio–₹88.67k Cr0.00%≤ 5%PASS
Illiquid assets ratio₹43.92k Cr₹44.48k Cr98.73%≥ 20%PASS
Receivables ratio–₹44.48k Cr—≤ 49%PASS
Valuation & sector context
MetricCompanySector
P/E6.8615.50
Forward P/E4.28—
P/B2.122.10
EV/EBITDA—18.00
PEG—0.80
Earnings yield14.606.50
Growth & profitability
RevenuePAT
FY24PAT margin 4.00%
FY25PAT margin 0.10%
FY26PAT margin 2.20%

Revenue and PAT bars use independent scales to make their year-on-year direction readable.

Revenue CAGR 3Y-2.20%
Revenue CAGR 5Y-0.40%
PAT CAGR 3Y+225.10%
PAT CAGR 5Y-11.80%
Operating margin2.40%
Net margin2.87%
Financial health & cash flow
Net debt₹14.78k CrModerate
Interest coverage5.20xEBIT / interest
CFO / PAT1.78x3Y average
Net debt / EBITDA—Leverage
Operating cash flow₹2.53k Cr
Capital expenditure–
Free cash flow₹1.12k Cr
Financial statements

Complete reported financial history · Values use the company's reporting currency

Hover over the chart for exact reported values. Percentage lines use the right-hand axis.

Fundamental scorecard
Overall73/100
Valuation75/100
Profitability80/100
Financial health65/100

A 0–100 quantitative summary of reported fundamentals. Use the underlying financials and risks for context; the score is not a buy or sell recommendation.

Strengths, risks & investment thesis

Strengths

Strong Capital Efficiency: ROCE stands at 18.0%

High Cash Flow Conversion: CFO/PAT averaged 1.78x over last 3 years

Attractive Valuation: P/E of 6.9x trades below sector historical averages

Risks

Subject to cyclical raw material and macro industry pressures

Bull case

Market Leadership: Established operational scale in Oil & Gas Refining & Marketing.

Bear case

Macro Headwinds: Fluctuations in interest rates and sector-specific policy shifts could compress multiples.

Flip condition

Sustained quarterly EBITDA margin expansion above 20% would trigger an upgrade.

Shareholding pattern
Quarterly ownership historyLatest valid period · December 2025

Ownership distribution

Dec 2025Latest holding

Category trends

Hover over a period for exact holdings

90%60%30%0%Sept 2024Dec 2024Jun 2025Sept 2025Dec 2025
3.75%Institutional holding
7.67%Public holding
5Periods available
0.00%Promoter pledged
4.66LShareholders
Corporate Action

Complete dividend, bonus, split, rights and other action history

Record dateCorporate actionInformationAnnouncement dateEx-date
11 Mar 2026Dividend₹4.00 / share—11 Mar 2026
—Annual General MeetingAnnual General Meeting—14 Aug 2024
09 Aug 2024Dividend₹2.00 / share—09 Aug 2024
02 Feb 2024Dividend₹1.00 / share—02 Feb 2024
—Annual General MeetingAnnual General Meeting—17 Aug 2023
—Annual General MeetingAnnual General Meeting—10 Aug 2022
—Annual General MeetingAnnual General Meeting—25 Aug 2021
—Annual General MeetingAnnual General Meeting—10 Sept 2020
—Dividend₹1.00 / share—30 May 2019
—Dividend₹3.00 / share—28 Jun 2018
—Dividend₹6.00 / share—10 Aug 2017
—Annual General MeetingAnnual General Meeting—25 Aug 2016
—Annual General MeetingAnnual General Meeting—30 Jul 2015
Delivery participation

Traded volume and delivery percentage across the latest 20 sessions

Average delivery (20D)23.31%+0.42% latest vs average
Highest delivery31.32%on 24 Sept
Average volume (20D)13.63MTrading-session average
Conviction trendStrengthening+0.42% latest reading
Traded volumeDelivery %
Peer comparison

Compare valuation, latest quarterly performance and year-on-year growth

8 companies
Company nameMarket cap ₹ CrP/E ratioDividend yield %Quarterly sales ₹ CrProfit after tax ₹ CrSales growth %Profit growth %
Reliance Industries Limited
Reliance Industries LimitedRELIANCE
Open analysis
₹16.39L21.930.49%₹3.09L₹23,196.00+27.02%-24.65%
Adani Enterprises Limited
Adani Enterprises LimitedADANIENT
Open analysis
₹3.64L43.390.05%₹5,954.00-₹890.00+1.29%-280.16%
Oil and Natural Gas Corporation Limited
Oil and Natural Gas Corporation LimitedONGC
Open analysis
₹2.79L6.426.45%₹2.05L₹6,554.00+25.68%-43.28%
Coal India Limited
Coal India LimitedCOALINDIA
Open analysis
₹2.57L8.226.34%₹48,295.27₹8,852.11+51.49%+1.24%
Indian Oil Corporation Limited
Indian Oil Corporation LimitedIOC
Open analysis
₹1.84L5.292.52%₹2.66L-₹1,141.00+38.51%-116.76%
Bharat Petroleum Corporation Limited
Bharat Petroleum Corporation LimitedBPCL
Open analysis
₹1.27L7.326.81%₹1.51L-₹1,873.00+34.41%-127.39%
Hindustan Petroleum Corporation Limited
Hindustan Petroleum Corporation LimitedHINDPETRO
Open analysis
₹73,622.6644.086.96%₹1.41L-₹12,265.00+26.85%-398.35%
Oil India Limited
Oil India LimitedOIL
Open analysis
₹72,384.058.662.92%₹9,293.27₹2,099.61+5.51%+60.26%
About Mangalore Refinery and Petrochemicals Limited
Mangalore Refinery and Petrochemicals Limited

Mangalore Refinery & Petrochemicals Limited (MRPL) was set up as a joint venture (JV) between the AV Birla Group and Hindustan Petroleum Corporation Limited (HPCL). It is now a subsidiary of Oil & Natural Gas Corporation(ONGC). The company is mainly engaged in the business of refining crude oil, petrochemical business, trading of aviation fuels and distribution of petroleum products through retail outlets and transport terminals. [1][2]

IndiaEnergy

Questions investors ask
Is Mangalore Refinery and Petrochemicals Limited Shariah compliant?

Mangalore Refinery and Petrochemicals Limited is currently screened as Non-Compliant (Financial Ratios) under AAOIFI Shariah Standard No. 21. Business activities align with Shariah permissible sectors. Debt to Market Cap (50.68%) exceeds AAOIFI threshold (≤ 33%).

What is Mangalore Refinery and Petrochemicals Limited's current valuation relative to peers?

Mangalore Refinery and Petrochemicals Limited trades at a P/E of 6.9x compared to the sector median of 15.5x, and a Price-to-Book of 2.1x.

Is the company financially healthy?

The company has a Debt-to-Equity ratio of 1.08x. Interest coverage is 5.2x.

What are the historical revenue and profit growth rates?

Over the past 5 years, revenue compounded at -0.4% while net profit growth averaged -11.8%.

Market data is informational and may be delayed. Shariah screening follows the displayed methodology. This is not investment advice.

Market data may be delayed. Quote date: 2026-10-16. Financial figures relate to their stated reporting periods. This information is for research and is not a recommendation to buy or sell.