Mangalore Refinery & Petrochemicals
₹173.05-₹0.35 (-0.2%)
Last close · Data as of Oct 30, 2026
- Market cap
- ₹25,464 Cr
- P/E
- 24.6x
- EV / EBITDA
- 4.5x
- Revenue
- ₹94,682 Cr
- Net margin
- 4.0%
- ROCE
- 30.3%
Price chart
Technical chartScreen technicals →+6.5% over the last year
Daily closes.
Go deeper
Technical chart: candles, 9 moving averages, RSI, MACD and drawing tools
Performance
Price change over each period, before dividends.
- 1M
- +2.2%
- 3M
- +3.7%
- 6M
- +3.2%
- 1Y
- +6.5%
- 5Y
- +248.2%
52-week range
Day change -₹0.35 (-0.2%) from ₹173 to ₹173 · Last close Oct 30, 2026
Best weekday to invest, historically
The same weekly amount in MRPL, bought on each weekday since 2021.
AI Summary
Indian StockStrengths1
- Healthy return on equity of 27.1%
Concerns1
- Net profit declined 98.6% year-over-year
Rule-based from financial data. Not advice.
About the company
Mangalore Refinery and Petrochemicals Limited engages in the manufacture and sale of refined petroleum products in India. The company produces and sells bitumen, Xylol, high speed diesel, xylol, pet coke, sulphur, and motor gasoline, as well as polypropylene and other products.
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Mangalore Refinery and Petrochemicals Limited engages in the manufacture and sale of refined petroleum products in India. The company produces and sells bitumen, Xylol, high speed diesel, xylol, pet coke, sulphur, and motor gasoline, as well as polypropylene and other products. It also sells petrochemical products, such as aromatic products comprising paraxylene, benzene, heavy aromatics, paraffinic raffinate, reformate, and toluene. In addition, the company operates retail outlets. It also exports its products. Mangalore Refinery and Petrochemicals Limited was incorporated in 1988 and is based in Mangalore, India. Mangalore Refinery and Petrochemicals Limited is a subsidiary of Oil and Natural Gas Corporation Limited.
- Sector
- Energy
- Shares outstanding
- 176 Cr shares
- ISIN
- INE103A01014
- BSE code
- 500109
Key statistics
Screen fundamentals →Valuation, profitability, growth and solvency at the latest close; hover a label for its meaning.
Valuation
- Market cap
- ₹25,464 Cr
- P/E
- 24.6x
- P/B
- 1.9x
- EV / EBITDA
- 4.5x
- EV / Sales
- 0.4x
- P/S
- 0.3x
- Earnings yield
- 4.1%
- 52-week high
- ₹206.80
- 52-week low
- ₹139.15
Profitability
- Operating margin
- 8.7%
- Net margin
- 4.0%
- EBITDA margin
- 8.7%
- ROE
- 27.1%
- ROCE
- 30.3%
- ROA
- 10.2%
- Dividend payout
- 15.0%
- Tax rate
- 35.0%
- Other income, % of PBT
- 0.7%
Growth
- RevenueLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹94,682 Cr
- Revenue growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 4.7%
- Revenue CAGR, 5YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 12.1%
- EBITDALatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹7,898 Cr
- EBITDA growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 17.5%
- Net profit growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- -98.6%
- Cash from operationsLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹7,051 Cr
- CFO growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 10.8%
- Free cash flowLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- ₹0 Cr
- Asset growth, 1YLatest stored company figure. It is not dated and can be a year behind the FY2025 statements; the Growth card lists each year.
- 0.6%
Solvency and efficiency
- Current ratio
- 1.51
- Debt / Equity
- 0.96
- Debt / Assets
- 0.36
- Debt / EBITDA
- 1.61
- Interest coverage
- 7.02
- Financial leverage
- 2.67
- CFO / Net profit
- 1.96
- Cash / Market cap
- 55.9%
- Cash per share
- ₹81.05
- Asset turnover
- 2.55
- Fixed asset turnover
- 4.43
- Capital intensity
- 0.23
- Debtor days
- 16 days
- Inventory turnover
- 9.61
- Cash conversion cycle
- 21 days
Where the revenue went
Of every ₹100 of FY2025 revenue, ₹0 was left as net profit.
| From | To | Amount |
|---|---|---|
| Sales | Expenses | ₹92,376 Cr |
| Sales | Operating profit | ₹2,306 Cr |
| Operating profit | Interest | ₹1,016 Cr |
| Operating profit | Depreciation | ₹1,290 Cr |
| Other income | Depreciation | ₹57 Cr |
| Other income | Profit before tax | ₹113 Cr |
| Profit before tax | Tax and other | ₹62 Cr |
| Profit before tax | Net profit | ₹51 Cr |
Revenue and net profit
Revenue grew 4.7% in FY2025; net profit is the dashed line.
| Date | Revenue | Net profit |
|---|---|---|
| FY2021 | ₹31,959 Cr | -₹761 Cr |
| FY2022 | ₹69,758 Cr | ₹2,955 Cr |
| FY2023 | ₹1.1 L Cr | ₹2,638 Cr |
| FY2024 | ₹90,407 Cr | ₹3,596 Cr |
| FY2025 | ₹94,682 Cr | ₹51 Cr |
Cash flows
FY2025: ₹1,878 Cr from operations, ₹938 Cr free after investment (dashed).
| Date | Operating cash flow | Free cash flow |
|---|---|---|
| FY2021 | -₹2,818 Cr | -₹4,919 Cr |
| FY2022 | ₹4,496 Cr | ₹3,901 Cr |
| FY2023 | ₹6,364 Cr | ₹5,691 Cr |
| FY2024 | ₹7,051 Cr | ₹5,527 Cr |
| FY2025 | ₹1,878 Cr | ₹938 Cr |
Growth
Latest fiscal year FY2025 (ending March): each figure with its change over the year before.
- Revenue
- ₹94,682 Cr+4.7%1Y
- Net profit
- ₹51 Cr-98.6%1Y
- Cash from operations
- ₹1,878 Cr
- Free cash flow
- ₹938 Cr-83.0%1Y
- Revenue CAGR, 5Y
- 12.1%
| Year | Revenue | Operating income | EBITDA | Net profit | CFO | FCF | ROE | Revenue growth 1Y | Net profit growth 1Y |
|---|---|---|---|---|---|---|---|---|---|
| FY2025 | ₹94,682 Cr | ₹2,306 Cr | — | ₹51 Cr | ₹1,878 Cr | ₹938 Cr | 0.4% | +4.7% | -98.6% |
Monthly returns
Month-by-month returns of MRPL across the years, with the seasonal pattern.
Balance sheet
What the company owns and owes at the end of FY2025.
| Line | FY2025 |
|---|---|
| Liabilities and equity | ₹34,406 Cr |
| Equity capital | ₹1,753 Cr |
| Reserves | ₹11,181 Cr |
| Borrowings | ₹13,143 Cr |
| Other liabilities | ₹8,329 Cr |
| Assets | ₹34,406 Cr |
| Fixed assets | ₹20,095 Cr |
| Capital work in progress | ₹729 Cr |
| Investments | ₹19 Cr |
| Other assets | ₹13,562 Cr |
Market cap against peers
8 peers: same sector group, nearest by size.
P/E against peers
MRPL trades at 24.6x earnings against a peer median of 24.8x.
Peer comparison
Same-sector peers by market cap, with the median.
| Company | Market cap | P/E | P/B | ROE | EV/EBITDA |
|---|---|---|---|---|---|
| Mangalore Refinery & PetrochemicalsMRPLthis company | ₹25,464 Cr | 24.6x | 1.9x | 27.1% | 4.5x |
| NLC India LimitedNLCINDIA | ₹35,415 Cr | 18.5x | 1.9x | 11.5% | 8.5x |
| Premier Energies LimitedPREMIERENE | ₹33,913 Cr | 191.0x | 18.2x | 1.5% | 967.5x |
| SJVN LIMITEDSJVN | ₹31,207 Cr | 39.0x | 2.1x | 6.5% | 18.0x |
| Gujarat Gas LimitedGUJGASLTD | ₹28,087 Cr | 25.2x | 3.2x | 14.9% | 13.4x |
| Indraprashtha Gas Ltd.IGL | ₹25,331 Cr | 18.6x | 2.6x | 20.4% | 9.0x |
| CESC LimitedCESC | ₹21,217 Cr | 25.2x | 2.1x | 7.8% | 11.6x |
| Castrol India LtdCASTROLIND | ₹18,555 Cr | 19.0x | 10.2x | — | — |
| Gujarat State Petronet Ltd.GUJARAT | ₹16,858 Cr | 23.0x | 1.5x | 12.5% | 9.0x |
| Peer median | — | 24.8x | 3.1x | 12.8% | 15.7x |
Year-to-date ROI
MRPL since 1 January, against earlier years.
Historical volatility
MRPL's day-to-day swings over 30, 60 and 180 days.
Financial statements
Income statement, balance sheet and cash flow as reported, in ₹ crore, grouped into plain-language lines.
Figures in ₹ crore as reported, fiscal years ending March, newest first; the trailing twelve months (TTM) last.
Operating margin by fiscal year
| Date | Operating margin |
|---|---|
| FY2021 | 2.0% |
| FY2022 | 7.0% |
| FY2023 | 6.0% |
| FY2024 | 9.0% |
| FY2025 | 2.0% |
| Line | FY2025 |
|---|---|
| RevenueSales | ₹94,682 Cr |
| Costs | |
| Interest | ₹1,016 Cr |
| Expenses | ₹92,375 Cr |
| Operating profitOperating Profit | ₹2,306 Cr |
| Other income and charges | |
| Profit before tax | ₹113 Cr |
| Tax | |
| Net profitNet Profit | ₹51 Cr |
| Per share |
| Line | FY2025 |
|---|---|
| Liabilities and equityTotal Liabilities | ₹34,406 Cr |
| Equity capitalEquity Capital | ₹1,753 Cr |
| Reserves | ₹11,181 Cr |
| Borrowings | ₹13,143 Cr |
| Other liabilitiesOther Liabilities | ₹8,329 Cr |
| AssetsTotal Assets | ₹34,406 Cr |
| Fixed assetsFixed Assets | ₹20,095 Cr |
| Capital work in progressCWIP | ₹729 Cr |
| Investments | ₹19 Cr |
| Other assetsOther Assets | ₹13,562 Cr |
| Line | FY2025 |
|---|---|
| Operating cash flowCash from Operating Activity | ₹1,878 Cr |
| Investing cash flowCash from Investing Activity | -₹940 Cr |
| Financing cash flowCash from Financing Activity | -₹938 Cr |
| Change in cashNet Cash Flow | ₹0 Cr |
Learn while you research
Academy chapters picked for Mangalore Refinery & Petrochemicals and the metrics on this page.
- 01 Taxes on Investments (India)LTCG, STCG, dividend tax, what every Indian investor needs.6 min read
- 02 Stock Valuation BasicsHow to think about what a fair price for a stock looks like.7 min read
- 03 Stock Market RisksSmall caps carry concentrated, idiosyncratic risk, learn to manage it.6 min read
- 04 Business Cycles & StocksThese cyclical sectors win and lose in different macro phases.6 min read
- 05 Essential Stock RatiosP/E, P/B, EV/EBITDA, what they mean and when to use each.7 min read
- 06 How to Read a Cash-Flow StatementProfit can be manipulated; cash flow rarely lies.7 min read