MRPL Share Price Target 2025, 2026, 2030, 2040, 2050
Mangalore Refinery & Petrochemicals Ltd is an oil refinery company in Mangalore, India that provides petroleum refinery services such as diesel, motor gasoline, and jet fuels. MRPL was incorporated on March 7, 1988, as a joint venture between AV Birla Group, HPCL, and ONGC as a subsidiary.
This blog will provide the details of MRPL Share Price targets as far as 25 years from now (2025 – 2050).
What is Mangalore Refinery and Petrochemicals Ltd (NSE: MRPL)?
MRPL Ltd refines crude oil and produces polypropylene, bitumen, and diesel products—contributing 69% of domestic sales! It has 101 retail outlets under the “HiQ” brand, catering to Karnataka, Kerala, and neighboring regions.
MRPL currently operates a 15 million tons per annum refinery in Karnataka and plans to increase the number of retail outlets to 1,000 by FY27. Although FY24 saw a 17% revenue decline due to maintenance shutdowns, the refining margin improved from $10.36 per barrel to $10.36. Future plans include green hydrogen plants, bio-ATF production facilities, and increased petrochemical capacity.
Fundamental Table
| Metric | Value |
|---|---|
| Market Cap | ₹ 24,063 Cr |
| Current Price | ₹ 137 |
| High / Low | ₹ 289 / ₹ 133 |
| Stock P/E | 26.4 |
| Book Value | ₹ 70.2 |
| Dividend Yield | 2.21% |
| ROCE | 25.8% |
| ROE | 31.9% |
| Face Value | ₹ 10.0 |
| Industry PE | 18.7 |
| Debt | ₹ 13,533 Cr |
| Current Liabilities | ₹ 12,811 Cr |
| Current Assets | ₹ 11,762 Cr |
| Net Profit | ₹ 907 Cr |
| EPS | ₹ 5.17 |
| Promoter Holding | 88.6% |
Key Financial Metrics
| Metric | Value |
|---|---|
| Sales | ₹ 98,211 Cr |
| Operating Profit Margin | 4% |
| Net Cash Flow | ₹ 1.28 Cr |
| EPS | ₹ 5.17 |
| ROE | 31.9% |
| Price to Book Value | 1.93 |
| Graham Number | ₹ 90.4 |
| Piotroski Score | 8.00 |
| Debt to Equity Ratio | 1.17 |
Peer Comparison Table
| Company Name | CMP (₹) | P/E | Market Cap (₹ Cr) | Div Yield (%) | ROCE (%) |
|---|---|---|---|---|---|
| Reliance Industries | ₹ 1,252.30 | 24.89 | 16,94,659.61 | 0.39 | 9.61 |
| IOCL | ₹ 126.95 | 10.49 | 1,79,269.12 | 9.46 | 21.14 |
| BPCL | ₹ 267.15 | 8.64 | 1,15,903.05 | 7.90 | 32.09 |
| HPCL | ₹ 362.90 | 18.37 | 77,218.63 | 5.68 | 21.26 |
| MRPL | ₹ 137.30 | 26.39 | 24,063.16 | 2.21 | 25.75 |
| CPCL | ₹ 574.30 | 12.48 | 8,552.03 | 9.63 | 35.44 |
| Gandhar Oil Refineries | ₹ 196.05 | 18.27 | 1,918.73 | 0.25 | 21.63 |
| Period | Share Price (INR) |
|---|---|
| Before 1 Year | ₹137.30 |
| Before 6 Months | ₹137.30 |
| Before 5 Years | ₹137.30 |
| All-Time Max | ₹289.00 |
MRPL’s share price today can fluctuate depending on oil prices, earnings, and company news. Market interest in its fuel services or how the company manages its debt could also affect the share price. Investors will be watching closely for updates on earnings or company developments to assess the growth potential of this stock.
Check Live Price Here:
MRPL’s share price tomorrow may fluctuate depending on changes in crude oil prices, refining margins, and company performance. Changes in demand for petroleum products or exchange rate fluctuations could also affect the share price. At the same time, positive growth expectations could boost the share price, while market uncertainties could put it under pressure.
| Price | Change |
|---|---|
| Maximum (Rs) | +15 |
| Minimum (Rs) | +2 |
MRPL Indicator Based Technical Analysis
NOTE!
Signals may differ across timeframes. If you’re planning to purchase MRPL and keep it for more than one week, it’s suggested that you choose signals from weekly and daily timeframes. For trading in the short term, signals that range from 5 minutes to 1-hour timeframes are better appropriate.
In 2025, MRPL’s share price could rise due to retail expansion, new infrastructure projects, debt repayment, and an increase in refining margins, which in turn would strengthen the company’s financial position. Demand for petrochemicals and fuels could further increase with the expansion of refining margins; depending on market conditions and fluctuations in crude oil prices, MRPL’s share price could range between Rs 120-250 crore.
| Year | Minimum Price (₹) | Maximum Price (₹) | Real Event |
|---|---|---|---|
| 2025 | ₹120 | ₹250 | Refinery expansion and diversification projects |
| Month | Minimum Price (₹) | Maximum Price (₹) | Real Event |
|---|---|---|---|
| January | ₹120 | ₹150 | MRPL refinery expansion announced |
| February | ₹125 | ₹160 | Q4 2024 financial results |
| March | ₹130 | ₹170 | Global oil price stabilizes |
| April | ₹140 | ₹180 | Domestic fuel prices changes |
| May | ₹150 | ₹200 | Q1 growth expectations higher |
| June | ₹160 | ₹210 | Government fuel policy change |
| July | ₹170 | ₹220 | Global geopolitical tensions rise |
| August | ₹180 | ₹230 | Pipeline disruption reports |
| September | ₹190 | ₹240 | Market volatility affects refining margin |
| October | ₹200 | ₹250 | Annual report shows stronger than expected |
| November | ₹210 | ₹250 | Fuel market rallies with positive trends |
| December | ₹220 | ₹250 | Year-end results exceed expectations |
In 2026, MRPL is expected to see growth thanks to retail expansion, new projects such as biofuels and green hydrogen plants, increased product demand, and higher revenues. With improved refinery and petrochemical production, the share price could fluctuate between 180 and 320 rupees depending on oil price fluctuations and market trends.
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2026 | ₹180 | ₹320 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| January | ₹180 | ₹210 |
| February | ₹185 | ₹220 |
| March | ₹190 | ₹230 |
| April | ₹200 | ₹240 |
| May | ₹210 | ₹250 |
| June | ₹220 | ₹260 |
| July | ₹230 | ₹270 |
| August | ₹240 | ₹280 |
| September | ₹250 | ₹290 |
| October | ₹260 | ₹300 |
| November | ₹270 | ₹310 |
| December | ₹280 | ₹320 |
In 2030, MRPL could benefit from further expansion of its petrochemical products, renewable energy ventures, and retail presence. As it embraces clean energy sources and internationalization, the company’s share price could move between Rs 350-600, depending on global energy demand and environmental regulations.
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2030 | ₹350 | ₹600 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| January | ₹350 | ₹380 |
| February | ₹355 | ₹390 |
| March | ₹360 | ₹400 |
| April | ₹370 | ₹420 |
| May | ₹380 | ₹440 |
| June | ₹390 | ₹460 |
| July | ₹400 | ₹480 |
| August | ₹410 | ₹490 |
| September | ₹420 | ₹500 |
| October | ₹430 | ₹510 |
| November | ₹440 | ₹520 |
| December | ₹450 | ₹530 |
By 2040, MRPL’s share price could be between ₹800 and ₹1,200. The company is expected to grow through investments in clean energy, advanced petrochemical production, and automation in refinery operations. New technologies, such as AI in production and renewable energy projects, will influence growth and strengthen the company’s market position. These innovations will ensure sustainable growth and value creation.
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2040 | ₹800 | ₹1,200 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| January | ₹800 | ₹850 |
| February | ₹810 | ₹870 |
| March | ₹820 | ₹890 |
| April | ₹830 | ₹920 |
| May | ₹840 | ₹940 |
| June | ₹850 | ₹960 |
| July | ₹860 | ₹980 |
| August | ₹870 | ₹1,000 |
| September | ₹880 | ₹1,020 |
| October | ₹890 | ₹1,050 |
| November | ₹900 | ₹1,070 |
| December | ₹910 | ₹1,200 |
By 2050, MRPL’s share price could be between ₹1,500 and ₹2,500. The company is expected to grow by moving into green energy, utilizing AI for predictive maintenance in refineries, and focusing on sustainable petrochemicals. New carbon capture technologies and hydrogen fuel will ensure growth. MRPL will be at the forefront of clean energy and efficiency, future-proofing its business. These steps will strengthen the company’s market position and have a positive impact on share performance.
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2050 | ₹1,500 | ₹2,500 |
| Month | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| January | ₹1,500 | ₹1,750 |
| February | ₹1,510 | ₹1,880 |
| March | ₹1,520 | ₹1,900 |
| April | ₹1,530 | ₹1,950 |
| May | ₹1,550 | ₹2,050 |
| June | ₹1,560 | ₹2,170 |
| July | ₹1,570 | ₹2,200 |
| August | ₹1,590 | ₹2,290 |
| September | ₹1,600 | ₹2,320 |
| October | ₹1,710 | ₹2,400 |
| November | ₹1,820 | ₹2,450 |
| December | ₹1,930 | ₹2.500 |
| Year | Minimum Price (₹) | Maximum Price (₹) |
|---|---|---|
| 2025 | ₹120 | ₹250 |
| 2026 | ₹180 | ₹320 |
| 2030 | ₹350 | ₹600 |
| 2040 | ₹800 | ₹1,200 |
| 2050 | ₹1,500 | ₹2,500 |
| Category | Dec 2024 |
|---|---|
| Promoters + | 88.58% |
| FIIs + | 1.36% |
| DIIs + | 1.66% |
| Government + | 0.00% |
| Public + | 8.38% |
| No. of Shareholders | 5,14,730 |
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Should I Buy MRPL Stock?
MRPL has great potential due to its strong market position in the refining, retail, and petrochemical sectors. The company has invested in a green hydrogen production plant and expanded its retail network. However, it still faces risks such as fluctuating crude oil prices and debt burden. Based on the positive outlook alone, an investment in MRPL could be worth considering. However, you should consider all market risks before making your decision.
MRPL Ltd Earning Results
| Financials | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 | Mar 2020 |
|---|---|---|---|---|---|
| Sales (₹ Cr) | 90,407 | 109,026 | 69,758 | 31,959 | 50,230 |
| Expenses (₹ Cr) | 82,562 | 102,498 | 64,814 | 31,252 | 53,368 |
| Operating Profit (₹ Cr) | 7,845 | 6,528 | 4,944 | 708 | -3,137 |
| OPM (Operating Profit Margin) | 9% | 6% | 7% | 2% | -6% |
| Other Income (₹ Cr) | 55 | 213 | 67 | 90 | 70 |
| Interest (₹ Cr) | 1,119 | 1,298 | 1,212 | 558 | 1,251 |
| Depreciation (₹ Cr) | 1,257 | 1,187 | 1,088 | 1,158 | 1,086 |
| Profit Before Tax (₹ Cr) | 5,523 | 4,256 | 2,711 | -919 | -5,404 |
| Tax % | 35% | 38% | -9% | -17% | -25% |
| Net Profit (₹ Cr) | 3,597 | 2,655 | 2,958 | -765 | -4,043 |
| EPS (₹) | 20.52 | 15.15 | 16.88 | -4.36 | -19.14 |
| Dividend Payout % | 15% | 0% | 0% | 0% | 0% |
Expert Forecasts On The Future Of MRPL Ltd.
MRPL reported strong growth in FY 2024 with revenue of Rs 90,407 crore and net profit of Rs 3,597 crore; operating profit margin increased to 9% due to improved refining margins; earnings per share increased to Rs 20.52 while a dividend payout is 15%. The future of the company looks promising.
Is MRPL Stock Good to Buy? (Bull case & Bear case)
Bullish Case:
- Strong growth potential with increasing refinery and petrochemical capacities.
- Entry into green hydrogen, bio-ATF, and other environmentally friendly projects.
- Increased profitability through efficient operations and expanding retail businesses.
- Continuous dividends and increasing financial performance.
Bearish Case:
- Vulnerable to fluctuating crude oil prices and global oil market risks.
- High debt levels affect financial stability.
- Maintenance shutdowns impacting short-term revenues.
- Competition in retail fuel and petrochemical markets.
Conclusion
In Conclusion, MRPL has strong growth potential through the expansion of refinery and petrochemical capacity as well as green technologies such as bio-ATF and green hydrogen. In addition, retail sales have increased, leading to rising profits. With efficient operations and improving financial metrics, MRPL offers investors stable returns and long-term growth potential.
FAQs
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