Mangalore Refinery And Petrochemicals Ltd

About Mangalore Refinery And Petrochemicals Ltd

Mangalore Refinery And Petrochemicals Ltd (MRPL) is a Schedule 'A' Miniratna public sector enterprise and a subsidiary of ONGC. It operates a state-of-the-art refinery in Mangaluru, Karnataka, processing diverse crude oils into a wide range of petroleum products, serving both domestic and international markets with a focus on efficiency and sustainability.

Key Financial Ratios

• P/E Ratio (TTM): Price to Earnings ratio shows how much an investor pays for every rupee of the company's earnings. Mangalore Refinery And Petrochemicals Ltd's P/E ratio (TTM) is 15.82, compared to the industry median of 16.79 and large cap median of 21.70.

• P/B Ratio: Price to Book ratio compares a company's market price to its book value per share. Mangalore Refinery And Petrochemicals Ltd's P/B ratio is 2.15, compared to the industry median of 1.99 and large cap median of 2.36.

• P/S Ratio: Price to Sales ratio compares a company's market value to its total revenue. Mangalore Refinery And Petrochemicals Ltd's P/S ratio is 0.33, compared to the industry median of 0.96 and large cap median of 0.96.

• PEG Ratio: PEG ratio adjusts the P/E ratio for expected earnings growth. Mangalore Refinery And Petrochemicals Ltd's PEG ratio is 0.35.

• EV/EBITDA Ratio: This ratio compares a company's enterprise value to its earnings before interest, tax, depreciation, and amortization. Mangalore Refinery And Petrochemicals Ltd's EV/EBITDA ratio is 5.86.

• Return on Equity (ROE): ROE measures how much profit a company generates from shareholders' invested capital. Mangalore Refinery And Petrochemicals Ltd's ROE is 13.56%.

• Return on Assets (ROA): ROA measures how efficiently a company converts its assets into net profit. Mangalore Refinery And Petrochemicals Ltd's ROA is 14.02%.

• Return on Capital Employed (ROCE): ROCE measures how efficiently a company generates profit from all the capital it employs. Mangalore Refinery And Petrochemicals Ltd's ROCE is 18%.

• Operating Margin: Operating margin shows what percentage of revenue remains after covering operating expenses. Mangalore Refinery And Petrochemicals Ltd's operating margin is 7.03%.

• Net Margin: Net margin shows what percentage of revenue converts into final net profit. Mangalore Refinery And Petrochemicals Ltd's net margin is 2.17%.

• Current Ratio: The current ratio measures a company's ability to pay short-term liabilities using short-term assets. Mangalore Refinery And Petrochemicals Ltd's current ratio is 1.11.

• Debt to Equity Ratio: This ratio shows the proportion of debt a company uses relative to shareholders' equity. Mangalore Refinery And Petrochemicals Ltd's debt-to-equity ratio is 0.67.

• Interest Coverage Ratio: This ratio shows how easily a company can pay interest on its outstanding debt from its operating earnings. Mangalore Refinery And Petrochemicals Ltd's interest coverage ratio is 5.43.

• Dividend Per Share (DPS): DPS shows the total dividend paid per share in the latest financial year. Mangalore Refinery And Petrochemicals Ltd's DPS is ₹0.

• Earnings Per Share (EPS): EPS shows how much profit is allocated to each outstanding share. Mangalore Refinery And Petrochemicals Ltd's EPS is 3331.25.

(Source line: "Ratios as of 13 Aug 2026, based on last traded price of ₹174.38. Data sourced from BSE/NSE Exchange Filings & Public Terminal Data.")

Key Facts

• Founded: 1988
• Headquarters: Mangaluru, Karnataka
• Core Offerings: Diesel, Motor Spirit (Petrol), Naphtha, LPG, Sulphur
• Stock Listing: NSE (MRPL), BSE (500109)
• Promoter: Oil and Natural Gas Corporation Limited (ONGC)

History of Mangalore Refinery And Petrochemicals Ltd

Mangalore Refinery And Petrochemicals Ltd was incorporated in 1988. The refinery commenced commercial operations in 1996 with a capacity of 3.0 MMPTA. Over the years, it underwent significant expansions, including Phase II (commissioned 2000) and Phase III (commissioned 2014), increasing its capacity to 15.0 MMPTA. In 2003, ONGC acquired the majority stake, making MRPL a subsidiary. The company commissioned a Polypropylene plant in 2016, diversifying its product portfolio.

Business Segments and Revenue Mix

• Refining Operations: Operates a 15.0 million metric tonnes per annum (MMTPA) state-of-the-art crude oil refinery at Mangaluru, Karnataka.
• Product Portfolio: Manufactures a wide range of petroleum products including Motor Spirit (Petrol), High Speed Diesel, Naphtha, LPG, Sulphur, Xylenes, Bitumen, and Petcoke.
• Flexibility: The refinery is designed to process a diverse mix of crude oils, including sour and heavy crudes, optimizing feedstock costs and product yields.
• Petrochemicals: Also includes a Polypropylene unit, which came online in 2016, producing petrochemical products using feedstock from the refinery.

Key Personnel

Shri Mundkur Shyamprasad Kamath serves as the Non-Executive Chairman. Shri Sanjay Varma is the Managing Director, also holding the position of Director (Refinery). He has extensive experience in refinery operations and project management within the oil & gas sector.

Subsidiaries and Associate Companies

• ONGC Mangalore Petrochemicals Limited (OMPL)
• Mangalore SEZ Limited

Corporate Actions

No major recent corporate actions on record, other than regular dividend declarations.

References

1. Annual Report FY23-24
2. Exchange Filings (NSE/BSE)
3. Financial Results Announcements