ALFA Finder| Margins | Retail margin marginally negative; solvents margins under pressure; GRM not disclosed. |
|---|---|
| Demand visibility | Retail and diesel demand boosted by private OMC curtailment; some stickiness expected. |
| Management confidence | Cautious; sourcing and freight described as volatile and reactionary. |
Growth
Q2 PAT ₹1,881 cr vs ₹639 cr YoY; H1 ₹2,796 cr vs ₹367 cr. Throughput 4.18 MMT vs 4.5 MMT peak.
Outlook
Q3 throughput near Q2 after CHTU restoration by mid-December; FY27 capex ₹1,200–1,500 cr; 500 outlets by FY28.
Risks
West Asia freight at $7–9/bbl, reactionary crude sourcing, CHTU fire (₹118.76 cr provisional loss), marginally negative retail margins.
Last quarter's promises, checked
Delivered
- Guided debt reduction from ₹9,290 cr (Q3 FY26) → delivered ₹9,245 cr; D/E 0.63 → 0.55 (= BEAT)
Partly delivered
- Guided FY27 capex ~₹1,500 cr → now ₹1,200–1,500 cr (= PARTIAL)
- Guided F&L 9.5–10% via grid power in FY27 → grid power still 'expected by FY-end', F&L not reported (= PARTIAL)
Missed
- Guided retail margins superior to refinery transfer → delivered marginally negative retail margins (= MISS)
Investor Presentation filed with NSE, NSE: MRPL. Summary written with AI assistance from the document.
Mangalore Refinery And Petrochemicals Ltd: key numbers
- Share price
- ₹178.00
- Market cap
- ₹31,196 Cr
- Revenue (annual)
- ₹88,667 Cr
- Net profit (annual)
- ₹1,925 Cr
- P/E (TTM)
- 7.1×Sector 17.5×
- Promoter holding
- 88.58%+0.00% QoQ
- FII holding
- 2.45%Current quarter
Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.
More from Mangalore Refinery And Petrochemicals Ltd
All →Mangalore Refinery And Petrochemicals Legal & Regulatory
MRPL received a Customs order demanding ₹1,39,871 plus interest and penalty for 2021 tariff misclassification. The company is considering challenging the order after depositing the money.
- Value
- ₹0.01 Cr
Mangalore Refinery And Petrochemicals Debt & Borrowing
Mangalore Refinery set 29 December 2026 as the record date for 13 January 2027 NCD interest. Payment covers the 7.40% coupon for the year.
- Execution
- 13 January 2026 to 12 January 2027 (interest period)
Mangalore Refinery And Petrochemicals Other Announcement
MRPL submitted its security cover certificate for the period ended September 30, 2026. The document discloses NIL values for the required security cover.
Mangalore Refinery And Petrochemicals Dividend
MRPL board declared an interim dividend of ₹3 per equity share. The record date is October 21, 2026, for payment by November 4, 2026.
Mangalore Refinery And Petrochemicals Q2 FY27 Results: Net Profit ₹1,901 Cr, Up 203.0% YoY
Mangalore Refinery And Petrochemicals Ltd reported revenue from operations of ₹35,590 Cr (+37.1% YoY) and net profit of ₹1,901 Cr (+203.0% YoY) for Q2 FY27.
- Key figure
- Net profit ₹1,901 Cr · +203.0% YoY
Mangalore Refinery And Petrochemicals Merger & Restructuring Worth ₹12.5 Cr
MRPL formed ONGC Petrochemicals Marketing Limited with ONGC and OpAL in a 50:25:25 JV. MRPL invested ₹12.5 crore for its 25% stake in the petrochemical trading entity.
- Value
- ₹12.50 Cr