Mangalore Refinery And Petrochemicals Ltd Share Price

Refineries

NSE: MRPL Small Cap ISIN: INE103A01014

As on 22 January 2025 at 15:59 IST

₹137.69

-3.29

(-2.33%)

Sell Buy

About Mangalore Refinery And Petrochemicals Ltd

Over 1 Month

-0.98%

Over 6 Months

-34.34%

Over 1 Year

-17.51%

Over 3 Years

218.60%

Mangalore Refinery And Petrochemicals Ltd Summary

Close ₹ 137.69

Open ₹ 140.99

High ₹ 140.99

Low ₹ 135.37

Volume 15,92,277

Net Turnover (in ₹) ₹ 31,93,40,144.14

52Wk High ₹ 289.25

52Wk Low ₹ 132.51

52Wk High / Low

132.51

289.25

Mangalore Refinery And Petrochemicals Ltd Fundamentals

Key Financial Data

Market Cap (in ₹Cr) ₹ 24,708.14

EPS (TTM) 4.73

Book Value (BV) 70.08

Div. Yield 2.13 %

P/E (TTM) 29.99

Price/Book Value 2.01

Delivery % 22.30 %

Face Value 10

Key Ratios

PE Ratio 10.66

PB Ratio 2.89

EV to Sales 0.56

PEG Ratio 0.29

ROA 13.52

ROE 31.15

Debt-Equity 1.28

Net Profit Margin 3.42

Operating Profit Margin 7.51

Mangalore Refinery And Petrochemicals Ltd Financials

Profit and Loss

Consolidated

Standalone

Yearly

Quarterly

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	90,598.26	1,09,215.97	69,856.06	32,055.89	50,312.41
Total Expenses	85,082.06	1,05,001.34	67,122.23	32,974.76	55,717.20
Profit Before Tax	5,522.54	4,255.90	2,711.31	-918.92	-5,403.61
Profit After Tax	3,597.06	2,655.41	2,958.25	-764.97	-4,042.52
Operating Profit after Depreciation	6,630.05	5,499.89	3,941.14	-364.40	-4,158.41

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	20,424.59	20,387.96	21,376.02	19,588.65	20,423.62
Total Non Current Assets	22,702.26	23,229.43	24,650.70	24,476.29	24,602.23
Total Current Assets	12,727.77	11,971.08	15,420.62	10,253.13	5,963.11
TOTAL ASSETS	35,430.03	35,200.51	40,071.32	34,729.42	30,565.34
Total Shareholder's Fund	13,282.52	9,864.53	7,209.35	4,248.10	6,359.82

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	7,045.04	6,364.38	4,496.29	-2,818.20	288.77
Net Cash used in Investing Activities	-1,517.88	-673.23	-594.75	-2,101.37	-1,448.65
Net Cash used in Financing Activities	-5,524.24	-5,689.87	-3,921.84	4,943.60	1,157.01

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Total Revenue	90,611.76	1,09,237.72	69,860.56	32,059.64	51,106.98
Total Expenses	85,082.06	1,05,001.34	67,122.23	32,974.76	55,064.48
Profit Before Tax	5,521.41	4,238.88	2,708.33	-915.12	-3,957.50
Profit After Tax	3,595.94	2,638.39	2,955.27	-761.16	-2,740.35
Operating Profit after Depreciation	6,643.55	5,521.64	3,945.64	-360.65	-3,212.84

Balance Sheet

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Fixed Assets	20,424.59	20,387.96	21,376.02	19,588.65	14,231.46
Total Non Current Assets	22,671.24	23,199.56	24,637.68	24,466.30	19,629.11
Total Current Assets	12,727.77	11,971.08	15,420.62	10,253.13	6,169.49
TOTAL ASSETS	35,399	35,170.64	40,058.31	34,719.43	25,798.60
Total Shareholder's Fund	13,251.49	9,834.66	7,196.34	4,238.10	7,766.82

Cash Flow

Particulars (in ₹ Cr.)	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Net Cash from Operating Activities	7,045.04	6,364.38	4,496.29	-2,818.20	183.33
Net Cash used in Investing Activities	-1,517.88	-673.23	-594.75	-2,101.37	-1,563.45
Net Cash used in Financing Activities	-5,524.24	-5,689.87	-3,921.84	4,943.60	1,379.30

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	21,870.86	24,967.87	23,247.02	25,328.67	24,667.08
Total Expenses	20,839.72	25,441.78	22,641.40	22,998.96	23,507.60
Profit Before Tax	474.46	-1,055.72	108.28	1,767.58	596.17
Profit After Tax	309.30	-696.94	73.22	1,138.50	392.08
Operating Profit after Depreciation	1,069.57	-428.63	658	2,370.64	1,204.08

Particulars (in ₹ Cr.)	2024-12	2024-09	2024-06	2024-03	2023-12
Total Revenue	21,870.86	24,967.87	23,247.02	25,328.67	24,667.08
Total Expenses	20,839.72	25,441.78	22,641.40	22,998.96	23,507.60
Profit Before Tax	469.35	-1,041.10	100.63	1,765.92	591.15
Profit After Tax	304.19	-682.32	65.57	1,136.84	387.06
Operating Profit after Depreciation	1,064.46	-414.01	650.35	2,368.98	1,199.06

Mangalore Refinery And Petrochemicals Ltd Technicals

Support and Resistance

S3 S2 S1 Pivot R1 R2 R3

S1 138.74

S2 136.50

S3 133

Pivot 142.24

R1 144.48

R2 147.98

R3 150.22

Moving Average

20 SMA 143.75

50 SMA 148.61

100 SMA 162.28

200 SMA 190.48

Mangalore Refinery And Petrochemicals Ltd Corporate Actions

Dividend

Bonus

Splits

Rights

AGM

EGM

Mangalore Refinery And Petrochemicals Ltd

₹2/Share

Announcement Date 09 Aug 2024

Record Date 09 Aug 2024

Div Yield 20%

AGM Date: 22 Aug 2022

AGM 22/08/2022 Pursuant to Regulation 30 and 50 of SEBI (LODR) Regulations, 2015, we inform that the 34th Annual General Meeting of the Company has been scheduled for Monday, August 22, 2022 at 4 PM (IST) through Video Conferencing (''VC'') / Other Audio Visual Means (''OAVM''), for which the cut-off date of July 15, 2022 has been considered for the purpose of sending Notice of 34th Annual General Meeting and 34th Annual Report by e-mail. Further, pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of SEBI (LODR) Regulations, 2015, the Register of Members and Share Transfer Books of the Company will be remain closed from Friday, August 12, 2022 to Friday, August 19, 2022 (both days inclusive). The cut-off date for remote e-voting will be on August 15, 2022. Details are furnished in the attachment. The above may please be taken on record. Thanking you Yours faithfully For MANGALORE REFINERY & PETROCHEMICALS LTD. Sd/- K. B. Shyam Kumar Company Secretary Encl: A/a (As Per BSE Announcement Dated 21.07.2022) This is in continuation to our intimation dated July 21, 2022, informing that the 34th Annual General Meeting of the Company will be held on Monday, 22nd August, 2022, at 4:00 p.m. (1ST) through Video Conferencing ('VC') / Other Audio Visual Means ('OAVM'). Pursuant to Regulation 34(1) of SEBI (LODR) Regulations 2015, please find enclosed Notice convening the 34th Annual General Meeting (AGM) along with the Annual Report of the Company for the Financial Year 2021-22, sent to the members of the Company through e-mail. The Notice of 34th AGM along with the Annual Report for the financial year 2021-22 is also available on the website of the Company at: https://www.mrpl.co.in/AnnualReport. We request you to take the above on records. Thanking You. Yours faithfully, For Mangalore Refinery and Petrochemicals Limited, Sd/- K B Shyam Kumar Company Secretary Encl: A/a (As Per BSE Announcement Dated on 27.07.2022) In continuation to our intimation dated July 21, 2022, the 34th AGM of the Company was held on August 22, 2022, and the business mentioned in the Notice dated July 15, 2022 were transacted and passed with requisite majority. In this regard, please find the following enclosures; 1. Summary of proceedings as required under the Regulation 30, Part A and Regulation 51, Part B of Schedule - III of the SEBI (LODR) Regulations, 2015 and the Chairperson''s speech as read out during the AGM as Annexure - I. 2. Voting results as required under Regulation 44 of the SEBI (LODR) Regulations as Annexure - II. 3. Report of the Scrutinizer dated August 22, 2022, pursuant to Section 108 of the Companies Act, 2013 and Rule 20(4) (xii) of the Companies (Management and Administration), Rules 2014 as Annexure - III. We request you to take the above on records. Thanking You. Yours faithfully, For Mangalore Refinery and Petrochemicals Limited Sd/- K B Shyam Kumar Company Secretary Encl: A/a In continuation to our intimation dated July 21, 2022, the 34th AGM of the Company was held on August 22, 2022, and the business mentioned in the Notice dated July 15, 2022 were transacted and passed with requisite majority. In this regard, please find the following enclosures; 1. Summary of proceedings as required under the Regulation 30, Part A and Regulation 51, Part B of Schedule - III of the SEBI (LODR) Regulations, 2015 and the Chairperson''s speech as read out during the AGM as Annexure - I. 2. Voting results as required under Regulation 44 of the SEBI (LODR) Regulations as Annexure - II. 3. Report of the Scrutinizer dated August 22, 2022, pursuant to Section 108 of the Companies Act, 2013 and Rule 20(4) (xii) of the Companies (Management and Administration), Rules 2014 as Annexure - III. We request you to take the above on records. Thanking You. Yours faithfully, For Mangalore Refinery and Petrochemicals Limited Sd/- K B Shyam Kumar Company Secretary Encl: A/a (As Per BSE Announcement Dated on 23.08.2022) Mangalore Refinery and Petrochemicals Ltd has informed BSE regarding the details of Voting results of AGM, under Regulation 44(3) of SEBI (LODR) Regulations, 2015 (As Per BSE Announcement Dated on 24.08.2022)

AGM Date: 25 Aug 2023

AGM 25/08/2023 Intimation of 35th Annual General Meeting, Cut-off date for remote e-voting and Book Closure for 35th Annual General Meeting. (As Per BSE Announcement Dated on 01.08.2023) Proceedings of 35th Annual General Meeting of the Company held on August 25, 2023 along with voting results and copy of Scrutinizer''s report. Scrutinizer''s Report for 35th Annual General Meeting of the Company. (As per BSE Announcement Dated on 25/08/2023)

AGM Date: 22 Aug 2024

Intimation of 36th Annual General Meeting (AGM), Cut-off date for Remote e-voting and Book Closure for AGM. Proceedings of 36th Annual General Meeting (AGM) of the Company held on Thursday, 22 August, 2024. (As per BSE Announcement Dated on 22/08/2024) Voting Results of the 36th Annual General Meeting (AGM) and Scrutinizer''s Report (As per BSE Announcement Dated on 23/08/2024)

Mangalore Refinery And Petrochemicals Ltd Peer Comparison

Company	Price	Market Cap (in ₹ Cr)
Mangalore Refinery And Petrochemicals Ltd	₹140.95	₹24,702.88
Reliance Industries Ltd	₹1,272.95	₹17,22,602.93
Indian Oil Corporation Ltd	₹131.10	₹1,85,129.44
Bharat Petroleum Corporation Ltd	₹280.20	₹1,21,564.92
Hindustan Petroleum Corporation Ltd	₹369.90	₹78,708.15
Chennai Petroleum Corporation Ltd	₹586.10	₹8,727.70

Mangalore Refinery And Petrochemicals Ltd News

MRPL acquires 26.96% stake in Mangalore SEZ

20 Jan 2025, 03:47 pm

Mangalore Refinery And Petrochemicals to declare Quarterly Result

On 20 January 2025

09 Jan 2025, 10:23 am

MRPL announces appointment of directors

08 Nov 2024, 09:58 am

Mangalore Refinery And Petrochemicals to table results

On 18 October 2024

10 Oct 2024, 05:21 pm

Mangalore Refinery And Petrochemicals to hold AGM

On 22 August 2024

26 Jul 2024, 04:05 pm

Mangalore Refinery And Petrochemicals Ltd Stock Analysis

Annual revenue for Mangalore Refinery And Petrochemicals Ltd decreased by 17.05% to ₹90,611.76 crore in FY 2024 from ₹1,09,237.72 crore in FY 2023.
Annual Net Profit for Mangalore Refinery And Petrochemicals Ltd increased by 36.29% to ₹3,595.94 crore in FY 2024 from ₹2,638.39 crore in FY 2023.
Promoter Shareholding in Mangalore Refinery And Petrochemicals Ltd remains unchanged by 0.00% in the most recent quarter, from 88.58% in September 2024 to 88.58% in December 2024.
Mangalore Refinery And Petrochemicals Ltd delivered a 1-year return of -17.51% compared to the Nifty 50, which provided a return of 8.41% as of the last trading session.
Mangalore Refinery And Petrochemicals Ltd share price moved down by 2.33% from its previous close of INR ₹140.98. The latest Mangalore Refinery And Petrochemicals Ltd share price is INR ₹137.69.
Mangalore Refinery And Petrochemicals Ltd share price today has been at a low of 135.37 and a high of 140.99. Over the past 52 weeks, the Mangalore Refinery And Petrochemicals Ltd share price has seen a low of 132.51 and a high of 289.25.

About Mangalore Refinery And Petrochemicals Ltd

Mangalore Refinery and Petrochemicals Ltd. (MRPL) is a critical player in the oil and gas sector. It specializes in the refining of crude oil and the production of a variety of petroleum and petrochemical products. Established on March 7, 1988, MRPL has a rich history spanning many years. The company is headquartered in Mangalore, Karnataka, India. It operates as a subsidiary of the Oil and Natural Gas Corporation (ONGC). This is under the Ministry of Petroleum and Natural Gas, Government of India.

MRPL’s product portfolio includes essential petroleum products such as diesel and petrol. It also includes petrochemicals, natural gas, bitumen, sulphur, petcoke, polypropylene, and xylol (xylenes). This diverse range of products highlights MRPL’s significant role in meeting the energy and industrial needs of the country.

MRPL is one of the primary refineries in India. Its substantial refining capacity and comprehensive product offerings highlight its importance in the sector. The promoter shareholding in MRPL is 71.63%, primarily held by ONGC. This reflects strong backing from one of India’s leading public sector enterprises.

The registered office of MRPL is located at Mudapadav, Kuthethoor P.O., Via Katipalla, Mangalore - 575030, Karnataka, India. The company’s registrar is KFin Technologies Pvt. Ltd. The management team is led by Chairman Arun Kumar Singh and Managing Director Sanjay Varma. This comprises experienced professionals dedicated to driving the company’s growth and innovation.
Here are the primary managing promoters:
· Arun Kumar Singh
· M Shyamprasad Kamath
· Vivek Chandrakant Tongaonkar
· Rajkumar Sharma
· Manohar Singh Verma
MRPL’s journey played a significant player in the oil and gas sector. This is a testament to its strategic vision and operational excellence. The company continues to expand its footprint. It is leveraging its robust product portfolio and market expertise to sustain its growth course.

Company History

Mangalore Refinery and Petrochemicals Ltd. (MRPL) has a rich history that dates back to its establishment on March 7, 1988. Located in Katipalla, north of Mangalore, Karnataka, MRPL was created to address India’s growing demand for refined petroleum products. The refinery was set up after displacing five villages: Bala, Katipalla, Kuthetoor, Kalavar, and Adyapadi.

Early Development and Expansion
MRPL was initially promoted as a joint venture between Hindustan Petroleum Corporation Limited (HPCL) and Indian Rayon & Industries Limited (IRIL). This is a part of the AV Birla Group. The company was merged with the aim of setting up a refinery with an initial processing capacity of 3.69 million metric tonnes per annum (MMTPA). The refinery was designed to maximize middle distillates. It could process a wide range of crude oils, from light to heavy and sour to sweet.

In 1993, MRPL made a significant public issue to raise funds for its projects. By 1996, the company had tied up the necessary debt in foreign exchange and rupees. This was to expand its capacity. The refinery commenced operations towards the end of 1995-96 and quickly began operating at more than 100% capacity.

Challenges and ONGC Acquisition
Despite its early success, MRPL faced financial difficulties in the late 1990s and early 2000s. The company needed help with high debt levels and operational challenges. In March 2003, Oil and Natural Gas Corporation (ONGC) acquired the AV Birla Group’s stake in MRPL. It also infused equity capital of ₹600 crores. This acquisition transformed MRPL into a majority-held subsidiary of ONGC.

The acquisition by ONGC was a turning point for MRPL. The company underwent a debt restructuring package. It included converting a portion of its loans into equity. This financial restructuring and ONGC’s support helped stabilize MRPL’s operations. This also set the stage for future growth.

Modernization and Capacity Expansion
Post-acquisition, MRPL embarked on a series of modernization and expansion projects. The refinery’s capacity was increased from the initial 3.69 MMTPA to the current 15 MMTPA. MRPL also installed advanced technologies to enhance its refining capabilities. The refinery now boasts two hydrocrackers producing premium diesel with high cetane numbers. It also boasts two continuous catalytic reformers (CCRs) producing high-octane unleaded petrol.

In addition to refining, MRPL diversified into petrochemicals. The company set up a polypropylene unit with a yearly capacity of 0.44 million metric tonnes. This diversification has allowed MRPL to tap into the growing demand for petrochemical products and enhance its revenue streams.

Sustainability and Community Engagement
MRPL is committed to sustainable practices and community development. The company has implemented various initiatives to minimize its environmental footprint. This includes energy-efficient technologies and waste reduction programs. MRPL also engages in CSR activities, focusing on education and healthcare. It is also focused on infrastructure development in the communities around its operations.

Future Prospects
MRPL is well-positioned to capitalize on emerging opportunities in the oil and gas sector. The company’s strategic focus is on modernization and capacity expansion. It was also on diversification into petrochemicals that will continue to drive its growth. MRPL is committed to sustainability and community development. This will further solidify its reputation as a responsible and forward-thinking organization. As the company continues to grow and evolve, its positive impact on the industry and society is set to expand even further.