Mangalore Refinery And Petrochemicals Ltd.

NSE: MRPL | BSE: 500109

Mid-range Performer

Download real time

126.46 1.47 (1.18%)

35.81% Fall from 52W High

907.7K NSE+BSE Volume

NSE 05 Sep, 2025 3:31 PM (IST)

22,163.4

Market Cap

Below industry Median

1.4

Beta 1Year

Very High Volatility

Mangalore Refinery And Petrochemicals Ltd. share price target and research reports

Latest analyst research reports with target prices and PDF download for MRPL, BSE:500109 Mangalore Refinery And Petrochemicals Ltd.

Mangalore Refinery And Petrochemicals Ltd.

30 Jul 2023

126.46

1.18%

Outlook modest amid volatile macros

Neutral: Mangalore Refinery And Pet...

Target

Motilal Oswal

Mangalore Refinery And Petrochemicals Ltd. has lost -35.88% in the last 1 Year

Mangalore Refinery And Petrochemicals Ltd.

29 Apr 2023

126.46

1.18%

Outlook modest despite robust performance

Neutral: Mangalore Refinery And Pet...

Target

Motilal Oswal

Mangalore Refinery And Petrochemicals Ltd. has lost -35.88% in the last 1 Year

Mangalore Refinery And Petrochemicals Ltd.

30 Jan 2023

126.46

1.18%

Operational performance better than expected

Neutral: Mangalore Refinery And Pet...

Target

Motilal Oswal

Mangalore Refinery And Petrochemicals Ltd. has lost -35.88% in the last 1 Year

Mangalore Refinery And Petrochemicals Ltd.

02 Nov 2022

126.46

1.18%

Mangalore Refinery & Petrochem

Hold: Mangalore Refinery And Pet...

Recommendation Target

ICICI Direct

Mangalore Refinery And Petrochemicals Ltd. is trading below all available SMAs

Mangalore Refinery And Petrochemicals Ltd.

30 Oct 2022

126.46

1.18%

Volatile macro environment puts a dent on earnings

Neutral: Mangalore Refinery And Pet...

Target

Motilal Oswal

Mangalore Refinery And Petrochemicals Ltd. has lost -35.88% in the last 1 Year

Mangalore Refinery And Petrochemicals Ltd.

17 May 2022

126.46

1.18%

Mangalore Refinery & Petrochem

Buy: Mangalore Refinery And Pet...

ICICI Direct

Mangalore Refinery A.. has an average target of 126.00 from 2 brokers.

Mangalore Refinery And Petrochemicals Ltd.

30 Jan 2022

126.46

1.18%

In-line results; mid-teens earnings growth outlook intact

Neutral: Mangalore Refinery And Pet...

Recommendation Target

Motilal Oswal

Singapore GRM improved to USD6.1/bbl QoQ in 3QFY22, led by an improvement in gasoline, ATF, and naphtha cracks. It stands at an average of USD5.9/bbl in Jan'22, as demand continues to outweigh supply. The macro environment remains strong. We believe the current high GRM is...

Mangalore Refinery And Petrochemicals Ltd. is trading below all available SMAs

Mangalore Refinery And Petrochemicals Ltd.

26 Oct 2021

126.46

1.18%

Distress continues; better environment ahead

Sell: Mangalore Refinery And Pet...

Recommendation Target

Motilal Oswal

MRPL reported lower than estimated EBITDA and PAT. Refinery throughput was in line with our estimate at 3.2mmt (+27% YoY), implying a utilization rate of 86%. Continued concerns over utilization rates keeps margin under pressure, with higher OPEX (USD2.8/bbl in 2QFY22), impacting profitability. Reported GRM stood at USD2.22/bbl, with core GRM at USD1.69/bbl (est. of USD1.5/bbl and negative core GRM in FY21 and 1QFY22). Consolidated/standalone net debt stood at INR244b/INR187b at the end of 1HFY22 (up from INR238b/INR182b at the end of FY21.)...

Mangalore Refinery And Petrochemicals Ltd. has lost -35.88% in the last 1 Year

Mangalore Refinery And Petrochemicals Ltd.

19 May 2021

126.46

1.18%

Mangalore Refinery & Petrochem

Sell: Mangalore Refinery And Pet...

Target

ICICI Securities Limited

MRPL's capacity utilisation improved QoQ with increasing demand and surpassed pre-Covid level. However, capacity utilisation reduced during the current quarter (Q1FY22E-TD) due to declining demand. On the business front, MRPL has plans to augment its capacity from 15 MMTPA to 18 MMTPA over the next few years. However, last expansion project to increase complexity as well as capacity did not achieve desired results. Global product spreads have not fully recovered yet and will continue to affect refining margins. MRPL's previous investment in OMPL have not paid off....

Mangalore Refinery A.. has an average target of 126.00 from 2 brokers.

Mangalore Refinery And Petrochemicals Ltd.

11 Jun 2020

126.46

1.18%

Mangalore Refinery & Petrochem

Sell: Mangalore Refinery And Pet...

Target

ICICI Securities Limited

The nationwide lockdown due to spread of Covid-19 has reduced capacity utilisation of the company and will impact its near term performance. On the business front, MRPL plans to augment its capacity from 15 MMTPA to 18 MMTPA over the next few years. However, the last expansion project to increase complexity as well as capacity did not achieve desired results. Also, weak global product spreads will affect refining margins thereby affecting profitability. MRPL's investment in OMPL has also not paid off. It continues to be a drag at the consolidated level. We downgrade the stock from...

Mangalore Refinery And Petrochemicals Ltd. has lost -35.88% in the last 1 Year

Is Mangalore Refinery And Petrochemicals Ltd. worth buying?

433 Votes:

Buy 75.75%

Sell 12.47%

Hold 11.78%

RESEARCH REPORTS

Sell SEE REPORTS >

pdf

Accumulate SEE REPORTS >

pdf