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On 6 Nov 2026, Mangalore Refinery & Petrochemicals was priced at ₹175.67, or 7.0× trailing earnings, against an industry P/E of 14.3×, and the shares are 17% below their 52-week high. Sales and net profit fell 6.7% and 10% a year over 3 years, with ROCE of 19% and ROE of 29%. Debt is 0.60× equity, and its dividend yield is 3.4%. It is a small-cap company with a market cap of ₹30,788 Cr, ranked 7th of 20 Oil & Gas Refining & Marketing companies by market cap; the shares fell 1.2% over the past year.

As of 6 Nov 2026Prices are delayed about 15 minutes; fundamentals are from the quarter ended Sep 2026.How we calculate this

past year
Open
₹174.00
Day high
₹176.90
Day low
₹171.14
Prev. close
₹173.73
Volume
91.2 L

Health check

2 good · 3 fair · 1 to check
  • ReturnsIn line

    −1.2% over a year, better than 4 of 7 peers.

  • Price tagCheaper

    P/E 7.0 vs industry 14.3.

  • GrowthShrinking

    Sales −6.7%, profit −10.2% a year over 3 years.

  • ProfitabilityAverage

    ROCE 19.0% vs peer median 21.2%.

  • Balance sheetFair

    Debt 0.60× equity, interest covered 5.8×, Piotroski 8 of 9.

  • Red flagsNone found

    No warning signs in the headline numbers.

Compared with 7 industry peers. Computed from reported figures. Educational, not a recommendation.

Oil & Gas Refining & Marketing

19 listed peers. Screen the industry

Small cap

₹30,788 Cr, #7 of 20 in its industry by size.

Market sensitivity

Measuring against the NIFTY 50…

Key metrics

Last 12 months to Sep 2026: sales ₹1,19,641 Cr · profit ₹4,414 Cr
Market cap
₹30,788 Cr
Small cap
P/E
7.0
Industry 14.3
Price to book
1.81
Peers 1.58
Dividend yield
3.42%
ROE
29.1%
Peers 17.3%
ROCE
19.0%
Peers 21.2%
Debt to equity
0.60
Debt ₹10,204 Cr
EPS (TTM)
₹25.19
Face value ₹10
OPM (TTM)
6.3%
Net margin 3.7%
Sales growth
+43.6%
Latest quarter vs a year ago
Profit growth
+203.1%
Latest quarter vs a year ago
Price to sales
0.26
EV/EBITDA 3.9

Strengths and risks

Strengths

  • Return on equity of 29.1%.
  • Dividend yield of 3.42%.
  • Quarterly profit up 203.1% on a year ago.
  • Quarterly sales up 43.6% on a year ago.
  • P/E of 7.0 against an industry P/E of 14.3.

No obvious red flags in the headline numbers.

Derived automatically from reported figures. Not a recommendation.

About Mangalore Refinery & Petrochemicals

Mangalore Refinery and Petrochemicals Limited engages in refining of crude oil in India and internationally. The company offers bitumen, high speed diesel, MS, Xylol, PetCoke, Sulphur, paraxylene, benzene, heavy aromatics, paraffinic raffinate, reformate, toluene, mineral turpentine oil, and other products, as well as LPG, naphtha, toluene, SKO, and furnace oil; and petrochemical products, such as polypropylene. It also exports its products. The company…

Headquarters
Mangalore
Employees
2,450
Sector
Energy
ISIN
INE103A01014
Website
mrpl.co.in

Price range

52 weeks

₹136.02₹212.31

Today

₹171.14₹176.90
Avg volume (3M)
1.5 Cr
1-year return
minus 1.2%
From 52-week high
minus 17.3%

Peers · Oil & Gas Refining & Marketing

Capital-heavy industry columns

Compare with peersScreen the whole industry
Company
RELIANCEReliance Industries1,320.00plus 0.50%17,86,28621.810.79.0%11.2%0.446.4%minus 10.8%
IOCIndian Oil Corporation146.25plus 1.21%2,06,5234.33.820.5%7.3%0.58−2.2%minus 14.6%
BPCLBharat Petroleum Corporation319.90plus 0.88%1,38,7898.73.826.4%3.4%0.62−1.2%minus 15.0%
HINDPETROHindustan Petroleum Corporation387.15plus 1.87%82,37957.44.223.3%1.2%1.400.2%minus 21.6%
PETRONETPetronet LNG317.000.00%47,55010.37.121.2%16.0%0.09−9.7%plus 13.0%
AEGISLOGAegis Logistics1,141.10minus 3.77%40,05330.126.714.2%20.9%0.51−1.3%plus 55.4%
MRPLMangalore Refinery & Petrochemicals175.67plus 1.12%30,7887.06.119.0%6.3%0.60−6.7%minus 1.2%
CHENNPETROChennai Petroleum Corporation1,441.80plus 1.64%21,4703.84.433.4%9.5%0.16−6.0%plus 44.3%
Median of 7 peers–0.88%82,37910.34.421.2%9.5%0.51−1.3%−10.8%

Quarterly results

Consolidated, ₹ crore
SalesSelect a row below to chart it
₹ CrJun 25Sep 25Dec 25Mar 26Jun 26Sep 26
–22,64924,71223,95038,25432,516
–21,53122,31822,56237,33829,644
−1441,1182,3941,3889162,872
–4.9%9.7%5.8%2.4%8.8%
0–45.156.910269.4
257–219212244284
––––472−119
−402–2,2201,2331,2462,539
32.6%–34.6%90.5%24.1%25.1%
−271–1,4511179461,901
-1.54–8.280.675.4010.85

Profit & loss

Yearly, ₹ crore
Sales CAGR 3Y
−6.7%
Profit CAGR 3Y
−10.2%
EPS CAGR 3Y
−10.2%
ROE
29.1%
Net profitSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,08,97690,37394,64688,627
–minus 17.1%+4.7%minus 6.4%
1,02,46282,34292,06581,133
6,5138,0312,5817,494
6.0%8.9%2.7%8.5%
74.2−26−148−1,028
1,0711,081962831
1,1871,2571,3471,520
−74.2−144−4.8−101
4,2565,5231194,015
37.6%34.9%52.7%52.1%
2,6553,59756.21,925
–+35.5%minus 98.4%+3324.2%
15.1520.520.3210.98

Forecast

Your assumptions, not a prediction

Balance sheet

At each financial year end, ₹ crore
Total assetsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
1,7531,7531,7531,753
8,11211,53011,21712,444
16,93912,68713,14315,341
8,3979,4608,32214,943
35,20135,43034,43544,481
21,29321,45021,19721,598
1,2881,4281,5111,556
1.22.34.44.9
6.89.774.2697
12,61112,53911,64920,625
35,20135,43034,43544,481

Cash flow

Yearly, ₹ crore
Cash from operationsSelect a row below to chart it
₹ CrMar 2023Mar 2024Mar 2025Mar 2026
6,3647,0511,8782,531
−673−1,524−940−1,378
−5,690−5,524−938−598
1.32.90.4554
−703−1,556−990−1,412
5,6625,4958881,119
–−175−351−701

Shareholding pattern

Source: NSE filings
88.6%
promoters
  • Promoters88.58%
  • Public11.42%
  • As of 30 Sep 2026
QuarterSplitPromotersPublicPromoter change
30 Sep 202688.58%11.42%0.00
30 Jun 202688.58%11.42%0.00
31 Mar 202688.58%11.42%0.00
31 Dec 202588.58%11.42%0.00
30 Sep 202588.58%11.42%–

Major shareholders

NSE filing

Filings & events

News

No recent news coverage found.

My notes

Private to you