Mangalore Refinery & Petrochemicals Ltd. (MRPL) AI Stock Analysis

• Market Cap: ₹310.12B
• Dividend Yield: 2.04%
• Average Volume (3M): 323.76K
• Price to Earnings (P/E): 4.6
• Beta (1Y): 1.46
• Revenue Growth: -11.96%
• EPS Growth: 14.31%
• Country: IN
• Employees: 2,548
• Sector: Energy
• Sector Strength: 52
• Industry: Oil & Gas Refining & Marketing
• EPS (TTM): 8.25
• Shares Outstanding: 1,752,598,800
• 10 Day Avg. Volume: 549,586
• 30 Day Avg. Volume: 323,759
• PEG Ratio: -4.27
• Price to Book (P/B): 1.82
• Price to Sales (P/S): 0.25
• P/FCF Ratio: 26.64
• Enterprise Value/Market Cap: N/A
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: N/A
• Number of Analyst Covering: 0
• EPS Forecast (FY): 12.5
• Revenue Forecast (FY): ₹865.31B

• Rating: 71 Outperform
• Price Target: ₹229.00 ▲(51.30% Upside)
• Action: Reiterated Date: 03/17/26
• Date: Action: Reiterated 03/17/26

The score is driven primarily by improving profitability but constrained by weakened cash generation and modest growth. Technicals are supportive with the stock trading above key moving averages, while valuation is a clear positive due to a very low P/E and a moderate dividend yield.

Positive Factors

Improving profit margins

Sustained improvement in gross and EBIT margins signals stronger operational performance and better feedstock-to-product economics. Over 2–6 months this can translate into higher retained earnings and buffers against cyclical crude swings, supporting reinvestment and debt servicing capacity.

Negative Factors

Sharp free cash flow decline

An ~84% drop in free cash flow materially weakens liquidity and limits capacity for capex, maintenance, dividend support and debt reduction. Over months this raises refinancing and investment risk, reducing resilience to prolonged weak margins or higher working capital needs.

Mangalore Refinery & Petrochemicals Ltd. Business Overview & Revenue Model

Company Description

Mangalore Refinery and Petrochemicals Limited manufactures and sells refined petroleum products in India. The company produces and sells bitumen, furnace oil, high speed diesel, xylol, naphtha pet coke, sulphur, and motor gasoline, as well as poly...

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Mangalore Refinery and Petrochemicals Limited manufactures and sells refined petroleum products in India. The company produces and sells bitumen, furnace oil, high speed diesel, xylol, naphtha pet coke, sulphur, and motor gasoline, as well as poly...

How the Company Makes Money

MRPL primarily makes money by buying crude oil and refining it into higher-value petroleum products, then selling those products into domestic and export markets. The main revenue stream is the sale of refined products (commonly including transpor...

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MRPL primarily makes money by buying crude oil and refining it into higher-value petroleum products, then selling those products into domestic and export markets. The main revenue stream is the sale of refined products (commonly including transpor...

Mangalore Refinery & Petrochemicals Ltd. Financial Statement Overview

Breakdown	TTM	Mar 2025	Mar 2024	Mar 2023	Mar 2022	Mar 2021
Income Statement
Total Revenue	866.78B	948.89B	903.34B	1.09T	697.58B	319.59B
Gross Profit	62.23B	48.50B	100.57B	98.42B	69.92B	24.66B
EBITDA	40.57B	24.68B	79.54B	78.22B	51.69B	5.62B
Net Income	10.35B	562.05M	35.97B	26.55B	29.58B	-7.65B
Balance Sheet
Total Assets	355.61B	344.35B	354.30B	351.45B	400.71B	347.29B
Cash, Cash Equivalents and Short-Term Investments	8.74B	313.90M	97.28M	389.20M	55.24M	258.25M
Total Debt	108.24B	131.43B	126.87B	169.39B	213.10B	240.62B
Total Liabilities	222.43B	214.65B	221.48B	252.81B	328.62B	304.81B
Stockholders Equity	133.18B	129.70B	132.83B	98.65B	72.09B	42.48B
Cash Flow
Free Cash Flow	35.75B	8.88B	54.89B	56.62B	40.82B	-37.16B
Operating Cash Flow	43.28B	18.78B	70.45B	63.64B	46.93B	-28.02B
Investing Cash Flow	-7.34B	-9.40B	-15.18B	-6.73B	-5.95B	-20.99B
Financing Cash Flow	-27.97B	-9.38B	-55.24B	-56.90B	-41.19B	49.25B

Mangalore Refinery & Petrochemicals Ltd. Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 151.35
• 50DMA: Negative
• 100DMA: Positive
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For IN:MRPL, the sentiment is Neutral. The current price of 151.35 is below the 20-day moving average (MA) of 189.34, below the 50-day MA of 179.23, and above the 200-day MA of 150.43, indicating a neutral trend. The MACD of 0.53 indicates Positive momentum. The RSI at 44.87 is Neutral, neither overbought nor oversold. The STOCH value of 21.62 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for IN:MRPL.

Mangalore Refinery & Petrochemicals Ltd. Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
BPCL	76 Outperform	₹1.23T	5.71	―	4.73%	-1.35%	61.80%
MRPL	71 Outperform	₹310.12B	4.59	―	2.04%	-11.96%	14.31%
PETRONET	69 Neutral	₹369.00B	12.25	―	3.58%	-13.73%	-7.20%
GUJGASLTD	69 Neutral	₹218.87B	26.58	―	1.47%	-2.39%	-12.17%
IOC	68 Neutral	₹1.95T	4.41	―	4.90%	-0.93%	42.85%
Sector *	65 Neutral	$15.17B	7.61	4.09%	5.20%	3.87%	-62.32%
HINDPETRO	58 Neutral	₹725.06B	6.62	―	3.26%	-1.81%	231.75%

Mangalore Refinery & Petrochemicals Ltd. Corporate Events