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Mangalore Refinery And Petrochemicals Ltd share Price Today

Company details

213.25
219.80
76.80
289.25
6M Return 63.49%
1Y Return 176.20%
Mkt Cap.(Cr) 37,563.45
Volume 2,024,591
Div Yield 0.93%
OI
-
OI Chg %
-
Volume 2,024,591

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Incur '0' Brokerage upto ₹500
Favourable refining scenario to drive earnings…
About The Stock

    Mangalore Refinery & Petrochem (MRPL), a subsidiary of ONGC, is a refining company.

    • The company has total refining capacity of 15 MMTPA
    • ONGC Mangalore Petrochemicals (OMPL), a subsidiary of MRPL, has been amalgamated with the company
Q4FY22

    MRPL reported sharp growth YoY in earnings with improvement in operational performance and tax write-back.

    • Revenue was up 12.8% QoQ to ₹ 28227.8 crore in Q4FY22. Crude throughput was flat QoQ at 4.4 MMT
    • The company reported a sharp improvement in GRMs as per our understanding. EBITDA was ₹ 2941 crore, up 71.2% QoQ
    • MRPL reported PAT of ₹ 3008.2 crore, up 413% YoY

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Refineries & Petro products company Mangalore Refinery And Petrochemicals announced Q4FY24 & FY24 results:

Q4FY24 Financial Highlights:

  • Revenue from operations Rs 29,190 crore (Q4FY23 Rs 29,401 crore).
  • Profit Before Tax Rs 1,766 crore (Q4FY23 Profit Before Tax Rs 2,950 crore).
  • Profit After Tax of Rs 1,137 crore (Q4FY23 Profit After Tax Rs 1,908 crore).
  • GRM of USD 11.35 per bbl (Q4FY23 GRM of USD 15.12 per bbl). 

FY24 Financial Highlights:

  • Revenue from operations Rs 1,05,223 crore (FY23 Rs 1,24,736 crore)
  • Profit before Tax Rs 5,521 crore (FY23 Profit before tax Rs 4,239 crore).
  • Profit after Tax of Rs 3,596 crore (FY23 Profit after tax Rs 2,638 crore).
  • GRM of USD 10.36 per bbl (FY23 GRM of USD 9.88 per bbl).
  • Total reduction in interest bearing Long Term Borrowings: Rs 5,058 crore (i.e. from Rs 14,837 crore as on March 31, 2023 to Rs 9,779 crore as on March 31, 2024).
  • Debt Equity Ratio improved from 1.70 as on March 31, 2023 to 0.94 as on March 31, 2024.

Result PDF

View Other Company Results

Mangalore Refinery And Petrochemicals Ltd shares SWOT Analysis

Strengths (9)

  • Effectively using its capital to generate profit - RoCE improving in last 2 years
  • Efficient in managing Assets to generate Profits - ROA improving since last 2 year
  • Growth in Net Profit with increasing Profit Margin (QoQ)

Weakness (3)

  • MFs decreased their shareholding last quarter
  • Degrowth in Quarterly Revenue and Profit in Recent Results(YoY)
  • Fall in Quarterly Revenue and Net Profit (YoY)

Opportunity (1)

  • Highest Recovery from 52 Week Low

Threats (1)

  • Red Flag: Resignation of Top Management

Resistance and support

R1 218.3
R2 222.3
R3 224.9
Pivot

215.79

S1 211.8
S2 209.2
S3 205.2
EMA SMA
214.2
215.2
206.5
178.7
211.4
218.7
221.4
171.4
Delivery and volume
CLIENT NAME DEAL TYPE ACTION DATE AVG. PRICE QUANTITY EXCHANGE
QE SECURITIES Bulk Purchase 2022-04-20 63.83 8814426 NSE
QE SECURITIES Bulk Sell 2022-04-20 63.79 8814232 NSE
Name Category Shares
Oil And Natural Gas Corporation Ltd PROMOTER 71.63%
Hindustan Petroleum Corporation Limited PROMOTER 16.96%

OUR RESEARCH VIEW

Investment recommendation
Favourable refining scenario to drive earnings…
Call Date
17 May 2022
Entry Price 74.00
Target Price 90.00
Duration
12 Month

FINANCIALS

Sales
Operating Profit
Profit after Tax
Equity
Reserves and Surplus
Debt
Sales
Operating Profit
Profit after Tax
PE
Debt/Equity
P BV

Mangalore Refinery And Petrochemicals Ltd Stocks COMPARISON

Financials( in Cr) Mangalore Refinery And Petrochemicals Ltd Reliance Industries Ltd Indian Oil Corporation Ltd Hindustan Petroleum Corporation Ltd Bharat Petroleum Corporation Ltd
Price 214.33 3,130.80 165.63 332.10 303.95
% Change 0.13 2.28 1.25 -0.20 -0.30
Mcap Cr 37,563.45 2,118,333.41 233,890.07 70,665.00 65,934.44
Revenue TTM Cr 108,856.10 877,835.00 860,701.76 440,709.25 473,187.18
Net Profit TTM Cr 2,655.41 74,088.00 11,704.26 -6,980.23 2,131.05
PE TTM 10.44 30.44 5.60 4.41 4.87
1 Year Return 176.20 38.14 82.71 86.57 68.69
ROCE 19.69 9.96 8.02 -8.04 6.75
ROE 31.10 9.91 8.57 -18.95 6.34
INSIDER & INSTITUTIONAL ACTIVITY

Equity Capital: 9,864.53 Cr FV: 10.00

Period MF Net Purchase / (sold) FII Net
LAST 1M 29,542.69 26,564.54
LAST 3M 107,300.08 -872.81
LAST 6M 187,950.75 839.71
LAST 12M 304,454.24 86,051.23

Mangalore Refinery And Petrochemicals Ltd Information

Stock PE (TTM)
10.44
Promoter Holding
88.58%
Book Value
75.7871
ROCE
19.69%
ROE
31.1%
Description
  • Mangalore Refineries and Petrochemicals Ltd are in the Refineries sector, having the Market Capitalization of worth Rs. 7,877.93 crores, it is incorporated in the year 1988.

    It has consolidated sales of Rs. 7,394.90 crores in June 2021. The company is also listed in the Bombay Stock Exchange (BSE) with the code 500109 and listed in the National Stock Exchange (NSE) with the code MRPL.

    Mangalore Refinery and Petrochemicals Ltd, a subsidiary of Oil and Natural Gas Corporation (ONGC), is in the oil refining business, with its refinery located in Katipalla. MRPL is known to be the only refinery in the country to have two hydrocrackers that are used in the production of premium diesel. MRPL’s plant can process 15 million metric tonnes in a year and utilises almost 97.67% of the total capacity by processing 14.65 metric tonnes of crude per year. MRPL is also known to be one of only two refineries in the country to have two CCR in its refinery, which improves efficiency and yield. The promoters of the company
    currently hold 88.58% of the stake in the company while the Foreign Institutional Investors (FII) and Domestic Institutional Investors (DII) hold 0.69% and 2.66% of the stake, respectively, and the balance of 8.05% owns others (such as retail investors).

    In June 2021, quarterly net revenue was Rs. 11,298.05 crores, which has increased by approximately 152.60 % from Rs. 4,472.62 crores for the April-June 2020 quarter. The quarterly net loss in June 2021 was Rs. 86.30 crores, which has seen an improvement of nearly 86.54% from a net loss of Rs. 524.43 crores in June 2020. In June 2021, the operating profit was reported at Rs. 10,785.01 crores, which is also increased by 184.72% as compared to an operating profit of Rs. 3,787.92 crores for the quarter ending in June 2020. From (Rs. 2.97) in June 2020, the EPS of MRPL has improved too and reached (Rs. 0.49) per share in June 2021. MRPL’s stock closed at Rs. 44.95 on 17th August 2021 (NSE) and has returned 30.29% in the last six months and 30.63% in the previous year.

Registered Address

Mudapadav Kuthethoor, P O Via Katipalla, Mangalore, Karnataka, 575030

Tel : 91-824-2270400
Email : investor:mrpl.co.in
Website : http://www.mrpl.co.in
Registrar

Link Intime India Pvt Ltd

AGM Date (Month) : Aug
Face Value Equity Shares : 10
Market Lot Equity Shares : 1
BSE Code : 500109
NSE Code : MRPL
Book Closure Date (Month) : Aug
BSE Group : A
ISIN : INE103A01014

FAQ’s on Mangalore Refinery And Petrochemicals Ltd Shares

You can buy Mangalore Refinery And Petrochemicals Ltd shares through a brokerage firm. ICICIdirect is a registered broker through which you can place orders to buy Mangalore Refinery And Petrochemicals Ltd Share.

Company share prices and volatile and keep changing according to the market conditions. As of Jun 28, 2024 03:59 PM the closing price of Mangalore Refinery And Petrochemicals Ltd was Rs.214.33.

The latest PE ratio of Mangalore Refinery And Petrochemicals Ltd as of Jun 28, 2024 03:59 PM is 10.44

The latest PB ratio of Mangalore Refinery And Petrochemicals Ltd as of Jun 28, 2024 03:59 PM is 0.35

The 52-week high of Mangalore Refinery And Petrochemicals Ltd share price is Rs. 289.25 while the 52-week low is Rs. 76.80

According to analyst recommendations, Mangalore Refinery And Petrochemicals Ltd Share has a "Buy" rating for the long term.

Market capitalization or market cap is determined by multiplying the current market price of a company's shares with the total number of shares outstanding. As of Jun 28, 2024 03:59 PM, the market cap of Mangalore Refinery And Petrochemicals Ltd stood at Rs. 37,563.45 Cr.

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