Mangalore Refinery and Petrochemicals Limited

Mangalore Refinery and Petrochemicals Limited (MRPL) is a mid-cap Oil Gas & Consumable Fuels company valued at ₹30,285 crore operating in Refineries & Marketing on the NSE and BSE.

Recent price move

Mangalore Refinery and Petrochemicals Limited last traded at ₹172.64, modestly down 1.23% on the day.

Recent developments

2026-10-08: MRPL, ONGC and OPaL formed a new petrochemicals marketing joint venture to manage branding, pricing, distribution, logistics, customer management, and sales planning for downstream products. 2026-09-30: MRPL shares fell 10% after a fire incident at its refinery in Mangaluru, causing the stock to drop to ₹162.50 from a high of ₹180.80. 2026-09-30: MRPL shares fell 10% from highs on reports of a major fire at the Coker hydroheater unit, with loud blasts reported by local residents. 2026-07-25: MRPL reported a net loss of ₹271 crore in the first quarter, compared to revenue falling 23% year-over-year to ₹21,026 crore.

Financial performance

The company's annual revenue fell 6.4% year-over-year, but the latest quarter revenue rose 120.4% compared to the same quarter a year earlier. Net profit surged 3336.8% annually, but the latest quarter swung from a net loss of ₹271 crore to a profit of ₹946 crore. The net profit margin increased 2.1 percentage points to 2.2%, while return on equity and return on capital employed remained at 13.6% and 16.7%, respectively.

Valuation multiples

The stock trades at 15.7 times earnings, 2.24 times book value. It yields 2.2%.

Things to watch

The stock is 18.9% below its 52-week high. The company's revenue declined 6.4% annually, and the latest quarter revenue growth of 120.4% compared to the same quarter a year earlier contrasts with a 3-year revenue CAGR of -6.7% and a 5-year CAGR of 22.6%. The latest quarter net profit swung from a loss to a profit, but the 3-year profit CAGR is -10.2%.

Where it stands

The company's latest quarter revenue rose 120.4% compared to the same quarter a year earlier, while annual revenue fell 6.4%. Net profit surged 3336.8% annually, but the latest quarter swung from a loss to a profit. The stock is 18.9% below its 52-week high, and the company's revenue growth has slowed in recent years.

Summarised by DocStoX's model on 2026-10-10 from company filings, exchange data and news. This is a factual summary, not a rating or a recommendation. Informational only, not investment advice. Consult a SEBI-registered adviser before investing.