Mangalore Refinery And Petrochemicals Ltd
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]
- Market Cap ₹ 26,151 Cr.
- Current Price ₹ 149
- High / Low ₹ 225 / 98.9
- Stock P/E
- Book Value ₹ 73.8
- Dividend Yield 2.01 %
- ROCE 4.31 %
- ROE 0.39 %
- Face Value ₹ 10.0
Pros
Cons
- Company has low interest coverage ratio.
- Company might be capitalizing the interest cost
* The pros and cons are machine generated. Pros / cons are based on a checklist to highlight important points. Please exercise caution and do your own analysis.
Peer comparison
Energy Oil, Gas & Consumable Fuels Petroleum Products Refineries & Marketing
Part of BSE 500 BSE PSU Nifty 500 BSE SmallCap BSE Allcap
Quarterly Results
Standalone Figures in Rs. Crores / View Consolidated
Profit & Loss
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | TTM | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|
71,815 | 57,463 | 39,647 | 43,208 | 48,451 | 62,062 | 51,002 | 31,959 | 69,758 | 109,026 | 90,407 | 94,682 | 88,791 | |
70,808 | 59,551 | 37,859 | 38,493 | 44,139 | 60,382 | 53,524 | 31,251 | 64,814 | 102,498 | 82,562 | 92,389 | 86,924 | |
Operating Profit | 1,007 | -2,088 | 1,789 | 4,714 | 4,311 | 1,681 | -2,522 | 708 | 4,944 | 6,528 | 7,845 | 2,293 | 1,867 |
OPM % | 1% | -4% | 5% | 11% | 9% | 3% | -5% | 2% | 7% | 6% | 9% | 2% | 2% |
430 | 838 | 674 | 2,015 | 154 | 131 | 97 | 93 | 64 | 196 | 53 | 176 | 169 | |
Interest | 321 | 407 | 594 | 520 | 443 | 475 | 749 | 558 | 1,212 | 1,298 | 1,119 | 1,008 | 1,051 |
Depreciation | 706 | 499 | 710 | 678 | 671 | 757 | 783 | 1,158 | 1,088 | 1,187 | 1,257 | 1,347 | 1,375 |
Profit before tax | 410 | -2,156 | 1,158 | 5,531 | 3,351 | 581 | -3,958 | -915 | 2,708 | 4,239 | 5,521 | 113 | -390 |
Tax % | -47% | -21% | 1% | 34% | 34% | 43% | -31% | -17% | -9% | 38% | 35% | 55% | |
601 | -1,712 | 1,147 | 3,644 | 2,224 | 332 | -2,740 | -761 | 2,955 | 2,638 | 3,596 | 51 | -287 | |
EPS in Rs | 3.43 | -9.77 | 6.54 | 20.79 | 12.69 | 1.89 | -15.64 | -4.34 | 16.86 | 15.05 | 20.52 | 0.29 | -1.63 |
Dividend Payout % | 0% | 0% | 0% | 29% | 24% | 53% | 0% | 0% | 0% | 0% | 15% | 0% |
Compounded Sales Growth | |
---|---|
10 Years: | 5% |
5 Years: | 13% |
3 Years: | 11% |
TTM: | -4% |
Compounded Profit Growth | |
---|---|
10 Years: | 7% |
5 Years: | 15% |
3 Years: | -74% |
TTM: | -111% |
Stock Price CAGR | |
---|---|
10 Years: | 7% |
5 Years: | 34% |
3 Years: | 25% |
1 Year: | -31% |
Return on Equity | |
---|---|
10 Years: | 14% |
5 Years: | 19% |
3 Years: | 19% |
Last Year: | 0% |
Balance Sheet
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Equity Capital | 1,753 | 1,753 | 1,753 | 1,753 | 1,753 | 1,753 | 1,753 | 1,753 | 1,753 | 1,753 | 1,753 | 1,753 |
Reserves | 5,316 | 3,552 | 4,679 | 8,318 | 9,280 | 8,974 | 6,014 | 2,485 | 5,444 | 8,082 | 11,499 | 11,181 |
9,793 | 9,032 | 8,075 | 8,541 | 7,950 | 9,131 | 11,896 | 24,062 | 21,310 | 16,939 | 12,687 | 13,143 | |
22,665 | 20,007 | 22,787 | 7,802 | 7,238 | 7,333 | 6,145 | 6,425 | 11,561 | 8,410 | 9,467 | 8,322 | |
Total Liabilities | 39,527 | 34,345 | 37,293 | 26,414 | 26,221 | 27,191 | 25,808 | 34,725 | 40,068 | 35,184 | 35,406 | 34,399 |
5,991 | 14,109 | 14,881 | 14,161 | 14,038 | 13,996 | 14,239 | 19,596 | 21,384 | 20,396 | 20,410 | 20,104 | |
CWIP | 8,552 | 1,378 | 188 | 220 | 668 | 982 | 1,730 | 2,343 | 170 | 475 | 744 | 720 |
Investments | 15 | 1,350 | 1,350 | 1,350 | 1,350 | 1,503 | 2,178 | 16 | 16 | 16 | 17 | 19 |
24,969 | 17,508 | 20,874 | 10,684 | 10,166 | 10,710 | 7,661 | 12,770 | 18,499 | 14,297 | 14,234 | 13,555 | |
Total Assets | 39,527 | 34,345 | 37,293 | 26,414 | 26,221 | 27,191 | 25,808 | 34,725 | 40,068 | 35,184 | 35,406 | 34,399 |
Cash Flows
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
8,602 | -576 | 1,376 | -852 | 3,507 | 569 | 183 | -2,818 | 4,496 | 6,364 | 7,045 | 1,878 | |
-921 | -1,408 | 359 | -337 | -966 | -952 | -1,563 | -2,101 | -595 | -673 | -1,518 | -940 | |
1,387 | -1,503 | -1,748 | 67 | -2,334 | -55 | 1,379 | 4,944 | -3,922 | -5,690 | -5,524 | -938 | |
Net Cash Flow | 9,068 | -3,487 | -13 | -1,121 | 207 | -438 | -1 | 24 | -20 | 1 | 3 | 0 |
Ratios
Standalone Figures in Rs. Crores / View Consolidated
Mar 2014 | Mar 2015 | Mar 2016 | Mar 2017 | Mar 2018 | Mar 2019 | Mar 2020 | Mar 2021 | Mar 2022 | Mar 2023 | Mar 2024 | Mar 2025 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|
Debtor Days | 23 | 15 | 22 | 22 | 20 | 14 | 7 | 28 | 23 | 15 | 16 | 14 |
Inventory Days | 44 | 22 | 33 | 40 | 41 | 36 | 28 | 90 | 62 | 25 | 38 | 32 |
Days Payable | 109 | 116 | 221 | 59 | 40 | 29 | 23 | 50 | 55 | 23 | 33 | 24 |
Cash Conversion Cycle | -43 | -79 | -166 | 3 | 20 | 21 | 12 | 67 | 29 | 17 | 21 | 21 |
Working Capital Days | -47 | -92 | -164 | -16 | -13 | 10 | -3 | 49 | 23 | 14 | 16 | 17 |
ROCE % | 4% | -11% | 13% | 27% | 20% | 6% | -16% | -1% | 14% | 20% | 26% | 4% |
Documents
Announcements
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Announcement under Regulation 30 (LODR)-Amendments to Memorandum & Articles of Association
7h - Q1 FY25-26 unaudited results approved; new cost auditor appointed; MOA Object Clause amendment recommended.
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Appointment Of Cost Auditor
7h - Q1 FY26 un-audited results approved; cost auditor appointed; MOA amendment proposed for AGM approval.
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Announcement under Regulation 30 (LODR)-Press Release / Media Release
7h - MRPL Q1 FY26: Revenue ₹20,988 Cr, Loss ₹272 Cr PAT, highest April crude processed 1512 TMT.
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Compliances-Reg. 54 - Asset Cover details
7h - Security Cover Certificate for secured non-convertible debt securities as per SEBI LODR regulations.
- Outcome Of The Board Meeting 8h
Annual reports
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Financial Year 2024
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Financial Year 2023
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Financial Year 2022
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Financial Year 2021
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Financial Year 2020
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Financial Year 2019
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Financial Year 2018
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Financial Year 2017
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Financial Year 2016
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Financial Year 2015
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Financial Year 2014
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Financial Year 2013
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Financial Year 2012
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Financial Year 2012
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Financial Year 2011
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Concalls
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Apr 2025TranscriptPPTREC
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May 2024TranscriptPPT
Business Segments
1.Retail: The company entered the Retail fuel service stations business under the brand ‘HiQ’. As of FY24, it has a network of 101 retail outlets across Karnataka and Kerala. [1] [2]
In FY24, the total retail sales volume in the domestic market was 2.6 MMT with a sales value of Rs. ~15,400 Cr vs 1.9 MMT with a sales value of Rs. ~11,000 Cr in FY22. [2] [3]