High Scoring Large Cap stocks have outperformed low scoring stocks by 90% over last 4 years
Dividend: Dividend paying stock. Dividend yield of 2.65%.
Size: Market Cap wise it is among the top 20% companies of india.
Past Returns: Outperforming stock! In past three years, the stock has provided 31.5% return compared to 8.9% by NIFTY 50.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Reasonably good balance sheet.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Technicals: Bullish SharesGuru indicator.
Growth: Poor revenue growth. Revenue grew at a disappointing -3.7% on a trailing 12-month basis.
Valuation | |
|---|---|
| Market Cap | 26.49 kCr |
| Price/Earnings (Trailing) | 13.75 |
| Price/Sales (Trailing) | 0.25 |
| EV/EBITDA | 6.26 |
| Price/Free Cashflow | 23.68 |
| MarketCap/EBT | 6.61 |
| Enterprise Value | 40.26 kCr |
Fundamentals | |
|---|---|
| Revenue (TTM) | 1.05 LCr |
| Rev. Growth (Yr) | 3.3% |
| Earnings (TTM) | 1.92 kCr |
| Earnings Growth (Yr) | -68.4% |
Profitability | |
|---|---|
| Operating Margin | 4% |
| EBT Margin | 4% |
| Return on Equity | 13.56% |
| Return on Assets | 4.33% |
| Free Cashflow Yield | 4.22% |
Growth & Returns | |
|---|---|
| Price Change 1W | 3.8% |
| Price Change 1M | -18.9% |
| Price Change 6M | -5.7% |
| Price Change 1Y | 6.4% |
| 3Y Cumulative Return | 31.5% |
| 5Y Cumulative Return | 24.1% |
| 7Y Cumulative Return | 12.9% |
| 10Y Cumulative Return | 8.4% |
Cash Flow & Liquidity | |
|---|---|
| Cash Flow from Investing (TTM) | -1.38 kCr |
| Cash Flow from Operations (TTM) | 2.53 kCr |
| Cash Flow from Financing (TTM) | -598.33 Cr |
| Cash & Equivalents | 564.48 Cr |
| Free Cash Flow (TTM) | 1.12 kCr |
| Free Cash Flow/Share (TTM) | 6.38 |
Balance Sheet | |
|---|---|
| Total Assets | 44.48 kCr |
| Total Liabilities | 30.28 kCr |
| Shareholder Equity | 14.2 kCr |
| Current Assets | 21.74 kCr |
| Current Liabilities | 19.02 kCr |
| Net PPE | 20.04 kCr |
| Inventory | 14.42 kCr |
| Goodwill | 377.28 Cr |
Capital Structure & Leverage | |
|---|---|
| Debt Ratio | 0.32 |
| Debt/Equity | 1.01 |
| Interest Coverage | 3.42 |
| Interest/Cashflow Ops | 3.79 |
Dividend & Shareholder Returns | |
|---|---|
| Dividend/Share (TTM) | 4 |
| Dividend Yield | 2.65% |
| Shares Dilution (1Y) | 0.00% |
| Shares Dilution (3Y) | 0.00% |
Dividend: Dividend paying stock. Dividend yield of 2.65%.
Size: Market Cap wise it is among the top 20% companies of india.
Past Returns: Outperforming stock! In past three years, the stock has provided 31.5% return compared to 8.9% by NIFTY 50.
Buy Backs: Company has bought back it's stock in the past which is a good thing.
Balance Sheet: Reasonably good balance sheet.
Smart Money: Smart money is taking extra interest in the stock as they increase their holdings.
Technicals: Bullish SharesGuru indicator.
Growth: Poor revenue growth. Revenue grew at a disappointing -3.7% on a trailing 12-month basis.
Investor Care | |
|---|---|
| Dividend Yield | 2.65% |
| Dividend/Share (TTM) | 4 |
| Shares Dilution (1Y) | 0.00% |
| Earnings/Share (TTM) | 10.99 |
Financial Health | |
|---|---|
| Current Ratio | 1.14 |
| Debt/Equity | 1.01 |
Technical Indicators | |
|---|---|
| RSI (14d) | 44.27 |
| RSI (5d) | 80.3 |
| RSI (21d) | 28.96 |
| MACD Signal | Buy |
| Stochastic Oscillator Signal | Hold |
| SharesGuru Signal | Buy |
| RSI Signal | Hold |
| RSI5 Signal | Sell |
| RSI21 Signal | Buy |
| SMA 5 Signal | Buy |
| SMA 10 Signal | Buy |
| SMA 20 Signal | Sell |
| SMA 50 Signal | Sell |
| SMA 100 Signal | Sell |
Summary of Mangalore Refinery & Petrochemicals's latest earnings call, featuring management's outlook on business performance, financial results, and analyst Q&A sessions that highlight key strategic initiatives and market challenges.
Management provided a robust outlook for Mangalore Refinery and Petrochemicals Ltd (MRPL) following a significant performance in Q3 of FY26. The company reported an EBITDA of Rs.2,824 crores, a substantial increase from Rs.1,064 crores year-on-year. The refined fuel and loss percentage improved, with fuel and loss standing at 10.06%, indicating operational efficiency. Current debt was stated at Rs.9,290 crores, with a debt-equity ratio of 0.63, and management hopes to reduce this further.
Key forward-looking points include:
Energy Efficiency Improvements: Management aims to decrease fuel and loss further with the implementation of a grid power project expected to lower fuel loss to between 9.5% and 10% in the next fiscal year.
Bio-ATF Plant: MRPL is pioneering a Bio-ATF plant at an estimated cost of Rs.364 crores to comply with CORSIA norms, planning to supply blended ATF starting 2027.
Retail Expansion: The company celebrated reaching 200 retail outlets and plans to expand to 250 outlets by year-end, targeting 500 in three years and 1,000 in five years, focusing on stability and higher margins.
CAPEX Plans: For FY26, the total capital expenditure is projected at Rs.1,500 crores, which includes investments in growth and revamp projects.
Debt Management: Management targets to keep debt under Rs.10,000 crores, with strategies in place to manage foreign exchange risk linked to external commercial borrowings.
The management expressed confidence in maintaining operational performance in the upcoming quarter, with expectations of continued market support. Overall, MRPL is focused on both refining efficiency and expanding its retail footprint strategically.
Q1: Can you help me understand the situation in terms of sourcing crude, especially with the new sanctions on Russian crude? How will this impact MRPL's earnings?
A1: We strictly comply with all sanctions and currently do not import Russian crude. We anticipate that these sanctions won't affect our export of finished products. Thus, we remain confident about our earnings trajectory.
Q2: What measures is MRPL taking to minimize freight costs, and how is the company managing energy integration?
A2: Freight rates spiked earlier, but have normalized significantly, not affecting our imports. Regarding energy integration, we are exploring grid power which should help reduce fuel and loss below 10%. We aren't ready to specify a target but aim for 9.5 to 10.
Q3: Can you provide insights on the impact of crude sourcing changes on margins, particularly if you're not disclosing refining margins?
A3: While we don't disclose specific GRMs, we indicated that they are double what we reported in Q1. Loss of Russian barrels hasn't materially impacted us, as rising finished product prices offset this loss, leading to a healthy Q3 performance.
Q4: What are your projections regarding retail outlets, and how many do you currently have?
A4: We currently have 200 outlets and aim for 250 by the fiscal year-end. Our goal is to reach 500 outlets in three years and 1,000 in five years, as retail will significantly stabilize our revenues.
Q5: What is the planned capital expenditure (Capex) over the next few years?
A5: We expect an annual Capex of about Rs. 1,500 crores, similar for FY27. In FY26, we've already incurred Rs. 887 crores, with ongoing revamps and new projects like Isobutyl Benzene.
Q6: Can you share MRPL's strategy to enhance market capitalization given the current stock valuation issues?
A6: Valuation is a challenge for all OMCs, including us. A limited float contributes to this. We're examining ways to increase liquidity and ensure our retail expansion contributes to better market perception.
Q7: What is the current percentage of your refined products that are exported?
A7: Currently, we export about 40% of our refined products. This figure may vary quarter-to-quarter based on market conditions.
Q8: What can you tell us about the financial expectations from the Isobutyl Benzene project?
A8: As it's a pilot project, it's premature to comment on IRR. We need to navigate technical inspections and secure necessary licenses before providing realistic projections.
Q9: How does MRPL plan to tackle the expected capex for pipeline and depot expansions in the coming years?
A9: We view pipeline and depot expansions as integral, with investments estimated at Rs. 500 crores in the near future. This includes key areas on the East and West Coasts, like Mumbai and Vizag.
Understand Mangalore Refinery & Petrochemicals ownership landscape with insights into key distribution patterns, offering investors a clear view of stakeholder dynamics.
| Shareholder Name | Holding % |
|---|---|
| Oil And Natural Gas Corporation Ltd | 71.63% |
| Hindustan Petroleum Corporation Limited | 16.96% |
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.39% |
| Foreign Institutional Investors | 0% |
| Foreign Bank - The Hongkong And Shanghai Banking Corp.Ltd. | 0% |
Distribution across major stakeholders
Distribution across major institutional holders
Detailed comparison of Mangalore Refinery & Petrochemicals against industry peers, highlighting key financial metrics, valuation ratios, and performance indicators to provide competitive context within the sector.
Ticker | Name | Mkt Cap | Revenue | Price %, 1M | Returns, 1Y | P/E | P/S | Rev 1-Yr | Inc 1-Yr |
|---|---|---|---|---|---|---|---|---|---|
| RELIANCE | Reliance Industries | 18.33 LCr | 11.05 LCr | +2.10% | -5.50% | 22.69 | 1.66 | - | - |
| IOC | Indian Oil Corp | 2.01 LCr | 9.06 LCr | -0.80% | -0.80% | 4.66 | 0.22 | - | - |
| BPCL | Bharat Petroleum Corpn. | 1.32 LCr | 5.26 LCr | -1.10% | -5.70% | 5.04 | 0.25 | - | - |
| CHENNPETRO | Chennai Petroleum Corp | 15.19 kCr | 78.68 kCr | -1.50% | +48.50% | 4.89 | 0.19 | - | - |
Comprehensive comparison against sector averages
MRPL metrics compared to Petroleum
| Category | MRPL | Petroleum |
|---|---|---|
| PE | 13.76 | 12.21 |
| PS | 0.25 | 0.72 |
| Growth | -3.7 % | 6.3 % |
Mangalore Refinery & Petrochemicals (MRPL) is a Refineries & Marketing company with a market capitalization of Rs. 19,921.8 Crores. Established in 1988 and based in Mangalore, India, it operates as a subsidiary of Oil and Natural Gas Corporation Limited.
The core business of MRPL involves the manufacture and sale of refined petroleum products both domestically and internationally. The company produces a variety of products, including:
In addition to these, MRPL also engages in the sale of petrochemical products, notably aromatic compounds such as:
MRPL operates retail outlets and recorded a trailing 12 months revenue of Rs. 111,020.9 Crores. The company not only focuses on growth—with a reported revenue growth of 40.9% over the past three years—but it also rewards its investors with dividends, offering a yield of 2.62% per year. Recently, it returned Rs. 3 in dividends per share to its shareholders.
This is an informational page just to provide a quick 'first look' at the stock. You must do your own deeper research. Know your risk appetite. Consult a SEBI-registered financial advisor before making any investment decisions.
MRPL vs Petroleum (2021 - 2026)