Mangalore Refinery and Petrochemicals Limited Share Price & Analysis
Price Chart
Fundamentals
Strengths
- Efficient capital deployment (ROCE 18%)
- Attractively valued vs sector (P/E 11x vs industry 26.8x)
- Regular dividends — yield 2.3%
Concerns
Peer Comparison
| Company | CMP | Mkt Cap | P/E | P/B | ROE % | ROCE % | D/E |
|---|---|---|---|---|---|---|---|
| RELIANCE Reliance Industries Limited | ₹1,322 | ₹17.9L Cr | 23.9 | 1.98 | 8.91 | 10.3 | 0.45 |
| ONGC Oil & Natural Gas Corporation Limited | ₹235 | ₹3.0L Cr | 6.75 | 0.79 | 11.6 | 14.2 | 0.48 |
| COALINDIA Coal India Limited | ₹415 | ₹2.6L Cr | 8.2 | 2.15 | 28.2 | 35 | 0.13 |
| IOC Indian Oil Corporation Limited | ₹138 | ₹1.9L Cr | 5.77 | 0.89 | 20.5 | 18.7 | 0.74 |
| BPCL Bharat Petroleum Corporation Limited | ₹316 | ₹1.4L Cr | 8.84 | 1.37 | 28.8 | 25.6 | 0.56 |
| GAIL GAIL (India) Limited | ₹173 | ₹1.1L Cr | 11.5 | 1.28 | 8.71 | 9.67 | 0.25 |
| OIL Oil India Limited | ₹488 | ₹79K Cr | 9.51 | 1.37 | 12.2 | 11.5 | 0.64 |
Showing 7 peers in the same sector · Sorted by market cap
Shareholding Pattern
MRPL · as of Mar 2026
| Category | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|
| Promoters | 88.58% | 88.58% | 88.58% | 88.58% | 88.58% | 88.58% |
| FII | 2.55% | 2.68% | 2.26% | 1.69% | 1.36% | 1.31% |
| DII | 1.57% | 1.50% | 1.50% | 1.48% | 1.66% | 1.32% |
| Public | 7.30% | 7.23% | 7.64% | 8.23% | 8.38% | 8.80% |
Corporate Events
To consider and approve the Un- Audited financial results for the period ended Jun 30, 2026
Interim Dividend - Rs 4 Per Share
Annual General Meeting
Dividend - Rs 2 Per Share
Interim Dividend - Re 1 Per Share
Annual General Meeting
Latest News
All newsCrude spikes on Hormuz tensions, refiners on alert
*Crude spikes on Hormuz tensions, refiners on alert*\nEscalating tensions around the Strait of Hormuz have pushed benchmark crude prices up by **$8/barrel** in a week. Indian refiners like IOCL, HPCL, and MRPL face margin pressures as crude costs surge. Any supply disruption from the Persian Gulf could severely impact import-dependent India.\n\n📊 *STOCKS:* | 🏢 *SECTOR:* Energy | #HIGHIMPACT #CrudeOil
MRPL AGM voting results and scrutineers report released.
*MRPL AGM voting results and scrutineers report released.* Shareholders of Mangalore Refinery and Petrochemicals Limited reviewed the scrutineers report following the Annual General Meeting held on **August 24, 2026**. The voting outcomes and procedural compliance were confirmed. No major corporate actions or financial announcements were disclosed. 📊 *STOCKS:* $MRPL | 🏢 *SECTOR:* Energy | #LOWIMPACT #AGM
India increases crude imports from Venezuela in shift to Latin America
*India increases crude imports from Venezuela in shift to Latin America* marks a strategic diversification of energy sources. This move reduces reliance on traditional Middle East suppliers amid geopolitical tensions. Venezuelan crude now accounts for **5-7%** of India’s monthly imports, up from **<1%** earlier. Refiners like IOCL and MRPL may benefit from cost advantages. 📊 *STOCKS:* | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #CrudeOil
India's strategic crude reserves detailed amid supply concerns.
*India's strategic crude reserves detailed amid supply concerns.* The country maintains strategic petroleum reserves at **three key locations**—Visakhapatnam, Mangalore, and Padur—with a total storage capacity of **5.335 million kiloliters**. These reserves can support **about 10 days** of national consumption during emergencies. Data highlights India’s preparedness for global supply disruptions. 📊 *STOCKS:* | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #Energy
ONGC backs MRPL with guarantee for Saudi crude import
ONGC has approved a guarantee for MRPL to import crude oil from Saudi Aramco, easing MRPL’s working capital burden. This support underscores ONGC’s strategic backing of its subsidiary. The move is expected to improve MRPL’s refining throughput and margin visibility. 📊 *STOCKS:* ONGC, MRPL | 🏢 *SECTOR:* Energy | #MEDIUMIMPACT #ONGC
Financials
Quarterly Results
| Metric | Mar 2026 | Dec 2025 | Sep 2025 | Jun 2025 | Mar 2025 | Dec 2024 | Sep 2024 | Jun 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue | ₹23.9K Cr 3.1% | ₹24.7K Cr 9.1% | ₹22.6K Cr 30.5% | ₹17.4K Cr 29.4% | ₹24.6K Cr 12.5% | ₹21.9K Cr 12.4% | ₹25.0K Cr 7.4% | ₹23.2K Cr |
| Op. Profit | ₹1.8K Cr 36.1% | ₹2.8K Cr 87.0% | ₹1.5K Cr 727.2% | ₹180 Cr 84.1% | ₹1.1K Cr 9.6% | ₹1.0K Cr 317.5% | ₹-474 Cr 178.2% | ₹606 Cr |
| OPM | 7.0% 36.4% | 11.0% 57.1% | 7.0% 600.0% | 1.0% 78.3% | 4.6% 2.1% | 4.7% 347.4% | -1.9% 163.3% | 3.0% |
| Net Profit | ₹117 Cr 91.9% | ₹1.5K Cr 131.4% | ₹627 Cr 331.4% | ₹-271 Cr 173.0% | ₹371 Cr 20.1% | ₹309 Cr 144.3% | ₹-697 Cr 1054.8% | ₹73 Cr |
| EPS (₹) | 0.67 91.9% | 8.28 131.3% | 3.58 332.5% | -1.54 173.0% | 2.11 19.9% | 1.76 144.2% | -3.98 1047.6% | 0.42 |
Values in ₹ Cr · Source: Screener.in
Annual Profit & Loss
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | ₹88.7K Cr 6.4% | ₹94.7K Cr 4.7% | ₹90.4K Cr 17.1% | ₹1.1L Cr 56.3% | ₹69.8K Cr 118.3% | ₹32.0K Cr 36.4% | ₹50.2K Cr 20.8% | ₹63.4K Cr 29.3% | ₹49.1K Cr 12.1% | ₹43.8K Cr |
| Expenses | ₹82.3K Cr 10.9% | ₹92.4K Cr 11.9% | ₹82.5K Cr 19.5% | ₹1.0L Cr 58.1% | ₹64.8K Cr 107.4% | ₹31.3K Cr 41.4% | ₹53.4K Cr 12.2% | ₹60.8K Cr 36.6% | ₹44.5K Cr 14.8% | ₹38.8K Cr |
| Op. Profit | ₹6.3K Cr 174.5% | ₹2.3K Cr 70.7% | ₹7.9K Cr 20.4% | ₹6.5K Cr 32.0% | ₹4.9K Cr 598.3% | ₹708 Cr 122.6% | ₹-3.1K Cr 219.3% | ₹2.6K Cr 41.9% | ₹4.5K Cr 9.3% | ₹5.0K Cr |
| OPM | 7.0% 191.7% | 2.4% 73.3% | 9.0% 50.0% | 6.0% 14.3% | 7.0% 218.2% | 2.2% 136.7% | -6.0% 242.9% | 4.2% 53.3% | 9.0% 18.2% | 11.0% |
| Other Income | ₹117 Cr 33.5% | ₹176 Cr 319.0% | ₹42 Cr 80.3% | ₹213 Cr 217.9% | ₹67 Cr 25.6% | ₹90 Cr 28.6% | ₹70 Cr 46.2% | ₹130 Cr 41.7% | ₹223 Cr 88.9% | ₹2.0K Cr |
| Interest | ₹912 Cr 10.2% | ₹1.0K Cr 9.2% | ₹1.1K Cr 13.8% | ₹1.3K Cr 7.1% | ₹1.2K Cr 117.2% | ₹558 Cr 55.4% | ₹1.3K Cr 17.8% | ₹1.1K Cr 16.1% | ₹915 Cr 5.6% | ₹969 Cr |
| Depreciation | ₹1.5K Cr 12.8% | ₹1.3K Cr 7.2% | ₹1.3K Cr 5.9% | ₹1.2K Cr 9.1% | ₹1.1K Cr 6.0% | ₹1.2K Cr 6.6% | ₹1.1K Cr 3.6% | ₹1.0K Cr 8.5% | ₹966 Cr 1.8% | ₹984 Cr |
| PBT | ₹4.0K Cr 3273.9% | ₹119 Cr 97.8% | ₹5.5K Cr 29.8% | ₹4.3K Cr 57.0% | ₹2.7K Cr 395.0% | ₹-919 Cr 83.0% | ₹-5.4K Cr 930.1% | ₹651 Cr 77.3% | ₹2.9K Cr 43.2% | ₹5.1K Cr |
| Tax % | 52.0% 1.9% | 53.0% 51.4% | 35.0% 7.9% | 38.0% 522.2% | -9.0% 47.1% | -17.0% 32.0% | -25.0% 154.3% | 46.0% 21.1% | 38.0% 8.6% | 35.0% |
| Net Profit | ₹1.9K Cr 3337.5% | ₹56 Cr 98.4% | ₹3.6K Cr 35.5% | ₹2.7K Cr 10.2% | ₹3.0K Cr 486.7% | ₹-765 Cr 81.1% | ₹-4.0K Cr 1251.9% | ₹351 Cr 80.2% | ₹1.8K Cr 46.1% | ₹3.3K Cr |
| EPS (₹) | 10.98 3331.3% | 0.32 98.4% | 20.52 35.4% | 15.15 10.2% | 16.88 487.2% | -4.36 77.2% | -19.14 1086.6% | 1.94 82.9% | 11.37 42.6% | 19.81 |
| Div Payout | 36.0% | 0.0% 100.0% | 15.0% | 0.0% | 0.0% | 0.0% | 0.0% 100.0% | 52.0% 100.0% | 26.0% 13.3% | 30.0% |
Values in ₹ Cr · Source: Screener.in
Balance Sheet
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
Liabilities | ||||||||||
| Equity Capital | ₹1.8K Cr 0.0% | ₹1.8K Cr 0.0% | ₹1.8K Cr 0.0% | ₹1.8K Cr 0.0% | ₹1.8K Cr 0.0% | ₹1.8K Cr 0.0% | ₹1.8K Cr 0.0% | ₹1.8K Cr 0.0% | ₹1.8K Cr 0.0% | ₹1.8K Cr |
| Reserves | ₹12.4K Cr 10.9% | ₹11.2K Cr 2.7% | ₹11.5K Cr 42.1% | ₹8.1K Cr 48.7% | ₹5.5K Cr 118.7% | ₹2.5K Cr 45.8% | ₹4.6K Cr 43.8% | ₹8.2K Cr 3.4% | ₹8.5K Cr 9.4% | ₹7.8K Cr |
| Borrowings | ₹15.3K Cr 16.7% | ₹13.1K Cr 3.6% | ₹12.7K Cr 25.1% | ₹16.9K Cr 20.5% | ₹21.3K Cr 11.4% | ₹24.1K Cr 30.2% | ₹18.5K Cr 18.3% | ₹15.6K Cr 4.7% | ₹14.9K Cr 3.6% | ₹15.5K Cr |
| Other Liabilities | ₹14.9K Cr 79.5% | ₹8.3K Cr 12.0% | ₹9.5K Cr 12.6% | ₹8.4K Cr 27.3% | ₹11.6K Cr 79.9% | ₹6.4K Cr 12.1% | ₹5.7K Cr 20.4% | ₹7.2K Cr 5.9% | ₹6.8K Cr 13.6% | ₹7.9K Cr |
| Total Liabilities | ₹44.5K Cr 29.2% | ₹34.4K Cr 2.8% | ₹35.4K Cr 0.6% | ₹35.2K Cr 12.1% | ₹40.1K Cr 15.4% | ₹34.7K Cr 13.6% | ₹30.6K Cr 6.7% | ₹32.8K Cr 2.5% | ₹32.0K Cr 2.7% | ₹32.8K Cr |
Assets | ||||||||||
| Fixed Assets | ₹20.5K Cr 1.8% | ₹20.1K Cr 1.5% | ₹20.4K Cr 0.1% | ₹20.4K Cr 4.6% | ₹21.4K Cr 9.1% | ₹19.6K Cr 4.1% | ₹20.4K Cr 2.1% | ₹20.0K Cr 1.1% | ₹20.2K Cr 1.9% | ₹20.6K Cr |
| CWIP | ₹897 Cr 23.0% | ₹729 Cr 2.0% | ₹744 Cr 56.6% | ₹475 Cr 179.4% | ₹170 Cr 92.7% | ₹2.3K Cr 34.2% | ₹1.7K Cr 75.5% | ₹995 Cr 45.9% | ₹682 Cr 210.0% | ₹220 Cr |
| Investments | ₹50 Cr 9.1% | ₹55 Cr 14.6% | ₹48 Cr 4.3% | ₹46 Cr 58.6% | ₹29 Cr 16.0% | ₹25 Cr 13.8% | ₹29 Cr 0.0% | ₹29 Cr 6.5% | ₹31 Cr 26.2% | ₹42 Cr |
| Other Assets | ₹23.1K Cr 70.3% | ₹13.6K Cr 4.7% | ₹14.2K Cr 0.4% | ₹14.3K Cr 22.7% | ₹18.5K Cr 44.9% | ₹12.8K Cr 52.6% | ₹8.4K Cr 28.7% | ₹11.7K Cr 6.5% | ₹11.0K Cr 7.9% | ₹12.0K Cr |
| Total Assets | ₹44.5K Cr 29.2% | ₹34.4K Cr 2.8% | ₹35.4K Cr 0.6% | ₹35.2K Cr 12.1% | ₹40.1K Cr 15.4% | ₹34.7K Cr 13.6% | ₹30.6K Cr 6.7% | ₹32.8K Cr 2.5% | ₹32.0K Cr 2.7% | ₹32.8K Cr |
Values in ₹ Cr · Source: Screener.in
Cash Flow Statement
| Item | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating CF | ₹2.5K Cr 34.8% | ₹1.9K Cr 73.4% | ₹7.1K Cr 10.8% | ₹6.4K Cr 41.5% | ₹4.5K Cr 259.5% | ₹-2.8K Cr 1075.1% | ₹289 Cr 82.4% | ₹1.6K Cr 58.7% | ₹4.0K Cr 458.5% | ₹-1.1K Cr |
| Investing CF | ₹-1.4K Cr 46.6% | ₹-940 Cr 38.3% | ₹-1.5K Cr 126.4% | ₹-673 Cr 13.1% | ₹-595 Cr 71.7% | ₹-2.1K Cr 45.0% | ₹-1.4K Cr 34.2% | ₹-1.1K Cr 10.1% | ₹-981 Cr 270.2% | ₹-265 Cr |
| Financing CF | ₹-598 Cr 36.2% | ₹-938 Cr 83.0% | ₹-5.5K Cr 2.9% | ₹-5.7K Cr 45.1% | ₹-3.9K Cr 179.3% | ₹4.9K Cr 327.3% | ₹1.2K Cr 216.2% | ₹-996 Cr 64.4% | ₹-2.8K Cr 1155.1% | ₹265 Cr |
| Net Cash Flow | ₹554 Cr | ₹0 Cr 100.0% | ₹3 Cr 200.0% | ₹1 Cr 105.0% | ₹-20 Cr 183.3% | ₹24 Cr 900.0% | ₹-3 Cr 99.3% | ₹-436 Cr 324.7% | ₹194 Cr 117.5% | ₹-1.1K Cr |
| Free Cash Flow | ₹1.1K Cr 22.0% | ₹918 Cr 83.3% | ₹5.5K Cr 2.7% | ₹5.7K Cr 45.7% | ₹3.9K Cr 204.5% | ₹-3.7K Cr 208.6% | ₹-1.2K Cr 368.2% | ₹449 Cr 84.5% | ₹2.9K Cr 252.7% | ₹-1.9K Cr |
Values in ₹ Cr · Source: Screener.in
Key Ratios History
| Metric | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 | Mar 2019 | Mar 2018 | Mar 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Debtor Days | 25d 78.6% | 14d 12.5% | 16d 6.7% | 15d 34.8% | 23d 17.9% | 28d 300.0% | 7d 50.0% | 14d 26.3% | 19d 13.6% | 22d |
| Inventory Days | 67d 109.4% | 32d 15.8% | 38d 52.0% | 25d 59.7% | 62d 31.1% | 90d 200.0% | 30d 23.1% | 39d 13.3% | 45d 2.3% | 44d |
| Days Payable | 52d 116.7% | 24d 27.3% | 33d 43.5% | 23d 58.2% | 55d 10.0% | 50d 108.3% | 24d 17.2% | 29d 29.3% | 41d 31.7% | 60d |
| Cash Conv. Cycle | 41d 95.2% | 21d 0.0% | 21d 23.5% | 17d 41.4% | 29d 56.7% | 67d 378.6% | 14d 41.7% | 24d 4.3% | 23d 283.3% | 6d |
| Working Capital Days | 9d 1000.0% | -1d 200.0% | 1d 200.0% | -1d 92.3% | -13d 70.5% | -44d 33.3% | -33d 32.7% | -49d 22.2% | -63d 18.9% | -53d |
| ROCE | 18.0% 350.0% | 4.0% 84.6% | 26.0% 30.0% | 20.0% 42.9% | 14.0% 1500.0% | -1.0% 93.8% | -16.0% 328.6% | 7.0% 53.3% | 15.0% 21.1% | 19.0% |
Source: Screener.in · Lower days = better efficiency