Mangalore Refinery And Petrochemicals Ltd

Mangalore Refinery And Petrochemicals Ltd Share Price Today: Live Updates & Key Insights

Get insights on Mangalore Refinery And Petrochemicals Ltd’s fundamentals, financials, shareholding, peer comparison, corporate actions & performance. Track key metrics, price trends & market sentiment for informed decisions. Explore all data at Motilal Oswal.

Mangalore Refinery And Petrochemicals Ltd Share Price Chart

Mangalore Refinery And Petrochemicals Ltd Fundamentals

Traded Volume: 69,51,116

Market Cap(Cr): 29,843

Avg Traded Price 173.53

1 Year return 17.39%

Upper Circuit 176.8

Lower Circuit 169.5

P/E TTM 29.00

P/B Ratio 6.00

Traded Value(Cr) 11836.36

EPS TTM 5.915

Book value 5.915

Dividend 0.00%

Mangalore Refinery And Petrochemicals Ltd Share Price Performance

Shows the percentage change in stock price over different time periods

This section highlights Mangalore Refinery And Petrochemicals Ltd stock price performance across key timeframes, including 1-week, 1-month, 3-month, Year-To-Date (YTD), and 1-year returns. It provides insights into the Mangalore Refinery And Petrochemicals Ltd share price history, short-term movements, long-term trends, and overall investor sentiment

1W -1.93%

1M +12.37%

3M +36.14%

1Y +17.39%

YTD +16.72%

Mangalore Refinery And Petrochemicals Ltd Traded Volume Movement

Shows the trading volume over different time periods

This section highlights Mangalore Refinery And Petrochemicals Ltd daily and average traded volumes, offering insights into investor activity and market liquidity. Higher volumes than average often indicate rising interest, news impact, or shifting market sentiment

Yesterday 1.13Cr

Day Before Yesterday 38.29L

1W Avg 1.00Cr

1M Avg 1.40Cr

3M Avg 79.13L

Mangalore Refinery And Petrochemicals Ltd Technical Details

Mangalore Refinery And Petrochemicals Ltd technical indicators, such as support and resistance levels and pivot points, are calculated based on historical price and volume trends. These metrics help traders anticipate possible price movements and make informed trading decisions.

Support 1 168

Support 2 165

Support 3 160

Pivot Point : 172

Resistance 1 175

Resistance 2 180

Resistance 3 182

Mangalore Refinery And Petrochemicals Ltd Corporate Actions

Mangalore Refinery And Petrochemicals Ltd corporate actions include dividends, bonus issues, stock splits, and key company updates that may affect share price and investor sentiment. This section provides timely details on past and upcoming actions, including ex-date, record date, and payout ratio - helping investors make informed decisions based on Mangalore Refinery And Petrochemicals Ltd’s capital allocation strategies.

All

Ex-Date 09-Aug-2024 Type D Description 2.00/share@20.00% Record Date 09-Aug-2024 Ratio 20.00

Ex-Date 02-Feb-2024 Type D Description 1.00/share@10.00% Record Date 02-Feb-2024 Ratio 10.00

Ex-Date 30-May-2019 Type D Description 1.00/share@10.00% Record Date - Ratio 10.00

Ex-Date 28-Jun-2018 Type D Description 3.00/share@30.00% Record Date - Ratio 30.00

Ex-Date 10-Aug-2017 Type D Description 6.00/share@60.00% Record Date - Ratio 60.00

Ex-Date 12-Jul-2012 Type D Description 1.00/share@10.00% Record Date - Ratio 10.00

Ex-Date 07-Jul-2011 Type D Description 1.20/share@12.00% Record Date - Ratio 12.00

Ex-Date 15-Jul-2010 Type D Description 1.20/share@12.00% Record Date - Ratio 12.00

Ex-Date 06-Aug-2009 Type D Description 1.20/share@12.00% Record Date - Ratio 12.00

Ex-Date 18-Jun-2008 Type D Description 1.20/share@12.00% Record Date - Ratio 12.00

Ex-Date 01-Aug-2007 Type D Description 0.80/share@8.00% Record Date - Ratio 8.00

Dividends

Announcement Date 09-Aug-2024 Ex Dividend Date 09-Aug-2024 Dividend(%) 20

Announcement Date 02-Feb-2024 Ex Dividend Date 02-Feb-2024 Dividend(%) 10

Announcement Date 30-May-2019 Ex Dividend Date 30-May-2019 Dividend(%) 10

Announcement Date 28-Jun-2018 Ex Dividend Date 28-Jun-2018 Dividend(%) 30

Announcement Date 10-Aug-2017 Ex Dividend Date 10-Aug-2017 Dividend(%) 60

Announcement Date 12-Jul-2012 Ex Dividend Date 12-Jul-2012 Dividend(%) 10

Announcement Date 07-Jul-2011 Ex Dividend Date 07-Jul-2011 Dividend(%) 12

Announcement Date 15-Jul-2010 Ex Dividend Date 15-Jul-2010 Dividend(%) 12

Announcement Date 06-Aug-2009 Ex Dividend Date 06-Aug-2009 Dividend(%) 12

Announcement Date 18-Jun-2008 Ex Dividend Date 18-Jun-2008 Dividend(%) 12

Announcement Date 01-Aug-2007 Ex Dividend Date 01-Aug-2007 Dividend(%) 8

Bonus

No Bonus has been declared by MRPL

Splits

No Split has been declared by MRPL

Others

Rights No Rights has been declared by MRPL

Mangalore Refinery And Petrochemicals Ltd Peer Comparison

Shows key financial metrics for the company and its peers

This section compares Mangalore Refinery And Petrochemicals Ltd with leading peers in the banking sector based on key metrics such as market capitalization, 1-year return, P/E (TTM), and PB ratio. It helps investors evaluate Mangalore Refinery And Petrochemicals Ltd's relative performance and valuation against major competitors.

Mangalore Refinery And Petrochemicals Ltd Cash Flow

Cash flow data provides a view of how money is generated and spent by Mangalore Refinery And Petrochemicals Ltd, across its operating activities, investing activities, and financing activities.

PARTICULARS Operating Activities Mar 2025 1877.90 Mar 2024 7045.04 Mar 2023 6364.38 Mar 2022 4692.84 Mar 2021 -2021.58

PARTICULARS Investing Activities Mar 2025 -939.61 Mar 2024 -1517.88 Mar 2023 -673.23 Mar 2022 -594.58 Mar 2021 -2096.85

PARTICULARS Financing Activities Mar 2025 -937.92 Mar 2024 -5524.24 Mar 2023 -5689.86 Mar 2022 -4118.57 Mar 2021 4142.45

PARTICULARS Net Cash Flow Mar 2025 0.37 Mar 2024 2.93 Mar 2023 1.28 Mar 2022 -20.30 Mar 2021 24.02

Mangalore Refinery And Petrochemicals Ltd Shareholding Pattern

This shows the ownership breakdown of Mangalore Refinery And Petrochemicals Ltd, highlighting participation from Foreign Institutional Investors (FII), Mutual Funds, Public, Other Institutions, and Promoters.

Promoter 88.58%

Public 8.76%

Other Institutions 0.25%

FII 1.22%

Mutual Funds 1.2%

About Mangalore Refinery And Petrochemicals Ltd

Mangalore Refinery and Petrochemicals Limited (MRPL), is a Schedule `A' Miniratna, Central Public Sector Enterprise (CPSE) under the Ministry of Petroleum & Natural Gas (MoP&NG), Government of India (GoI). The Company is engaged in the business of refining of crude oil. It is a subsidiary of Oil and Natural Gas Corporation Limited (ONGC), which holds 88.58% equity shares. The Company's 18.18 million metric tonne (MMT) refinery is located North of Mangaluru City, in Dakshina Kannada Dist. of Karnataka. The refinery was initially set up with a capacity of 3.69 MMTPA in 1988 and has since been expanded through subsequent phases. MRPL, with its parent company ONGC, owns and operates ONGC Mangalore Petrochemicals Limited (OMPL), a petrochemical unit capable of producing 1 Million Tonnes of Para Xylene. OMPL, situated in the adjacent Mangalore Special Economic Zone (MSEZ), is integrated with the refinery operations. Para Xylene from OMPL is sold in the export market.Shell MRPL Aviation Fuels and Services Limited (SMA), a 50:50 joint venture between MRPL and Shell Gas B.V. (Shell), a step down subsidiary of Royal Dutch Shell Plc, Netherlands markets aviation turbine fuel (ATF) to airlines, both domestic as well as International carriers. SMA currently procures ATF from MRPL Refinery Complex, and supplies at Bengaluru, Goa, Mangalore, Hyderabad, Chennai, Calicut and Madurai. SMA also services International Carriers through alternative supply arrangement at Mumbai, Delhi and Kolkata.MRPL was incorporated in 7th March of the year 1988 and commenced a business in 2nd August as a joint venture oil refinery promoted by Hindustan Petroleum Corporation and Indian Rayon & Industries Limited (IRIL) & Associates (AV Birla Group). The Company made a mega Public Issue consisting 4,31,60,000 16% Secured Redeemable Partly Convertible Debentures (PCDs) of Rs.135/- each aggregating to Rs.582.66 crores in the year 1993 and also 2,80,00,000/- 17.5% Secured Redeemable Non Convertible Debentures of Rs.200/- each (with detachable Equity Warrants) aggregating to Rs.560 crores. During the same year MRPL tied up for the process technologies with internationally reputed technology suppliers. It commissioned a 45 MW cogeneration power plant in September of the year 1995. MRPL commissioned its three million tonnes refinery towards the end of 1995-96 and it has been operating at more than 100 per cent capacity. In the year 1998, The Company had entered into an agreement with the National Securities Depository Limited (NSDL) to facilitate investors to hold the Shares in the electronic form. MRPL signed a crude-sourcing deal with the Chevron-Texaco combine in the year 1999. During the year 2000, the company and Reliance Petroleum had entered into First World markets with Petro-products like motor spirit at prices, which are not only competitive but have also contributed to the bottom lines of these companies. MRPL had enhanced its refining capacity to 12 million tonnes through a cost-effective process of debottlenecking some units. ICRA had downgraded the non-convertible debenture program in the year 2001 and also the partially convertible debenture programme of the company. The refining capacity was expanded to 9 MMT p.a from 3 MMT p.a in April of the year 2001 and commercial production started during the year. In 2003, ONGC and MRPL had signed a Memorandum of Understanding for the supply of crude oil. As at 28th March of the year 2003, ONGC acquired the total shareholding of 37.39% held by A.V. Birla Group and further infused equity capital of Rs.600 crores consequently made MRPL a majority held subsidiary of ONGC. The Company had contributed Rs 20 crore to New Mangalore Port Trust towards construction of new jetty at the port for exclusive use of the company. Further it is participating as an equity shareholder in the 364 km long cross country multi product Mangalore-Hassan-Bangalore pipeline which will help the company in accessing wider consumption areas for its products. The Hassan-Bangalore Pipeline project of 367 KM long was operational and the first parcel of HSD was transported through this pipeline and was delivered at Bangalore on 1st August of the year 2003. The Centre for High Technology (CHT) selected the MRPL for the Jawaharlal Nehru centenary awards under energy performance of refineries for the year 2003-04. Shell made tie-up with MRPL for Petro products in the year 2004. During the year 2004-05, based on the MOU with ONGC the company purchased 3.7 MMT Mumbai High Crude on pricing formula applicable to other PSU Refineries. MRPL had signed a pact with Saudi, Iran firms for crude supply in the year 2005, also in the same year; the company had forged alliance with Ashok Leyland for retail outlets. The Company forged alliance with Abu Dhabi firm in the year 2006 and MRPL had inked an agreement with Mauritius Company. In the identical year ICRA Ltd had assigned an Issuer Rating of IR AAA to the company. During the year 2006-07, the company took implementation of a large Refinery Upgradation and Expansion project at a cost of Rs.7943 crore. For Aromatics Project worth of Rs.4852 crore, ONGC and MRPL had incorporated a Joint Venture company under the name of ONGC Mangalore Petrochemicals Ltd (OMPL). In July of the year 2007, The Company had entered into a contract with State Trading Corporation (STC), Mauritius to supply petroleum products and also in the same year, in September, MRPL had signed a 4-year product supply agreement (extendable by another two years) with Shell India Marketing. As at January 2008, MRPL along with Shell Aviation made a landmark agreement for the purpose of entering an exclusive joint venture to market and supply aviation fuel. MRPL sold its first spot cargo to Iran in April 2008. On 23 June 2008, ONGC and MRPL announced withdrawal from Kakinada Refinery & Petrochemicals Limited (KRPL) and Kakinada Special Economic Zone (KSEZ) Projects. The Management of Oil and Natural Gas Corporation Ltd (ONGC) and its subsidiary Mangalore Refinery & Petrochem Ltd (MRPL) has been considering ways and means to establish a Greenfield refinery in the SEZ at Kakinada. There have been various issues affecting the steering of Projects of Kakinada Refinery & Petrochemicals Ltd (KRPL) and Kakinada Special Economic Zone (KSEZ). Considering these various factors, the Management of ONGC and MRPL feel that it will be appropriate not to continue as equity partners in these two projects. Accordingly in the meeting of Board of Directors of KRPL and KSEZ held on 23 June 2008, the Management of ONGC and MRPL has informed that they have decided to withdraw from the two Projects with immediate effect. ONGC's proposed equity participation, through its subsidiary MRPL, was 46% in KRPL and 26% in KSEZ.The Board of Directors of ONGC at its meeting held on 23 July 2009 approved the Investment proposal of MRPL for installation of a Polypropylene unit integrated with the MRPL Phase-3 complex facilities, which is under implementation, with an estimated Capex of Rs 1803.78 crore. The Project envisages value addition through conversion of Polymer grade propylene produced from the Petrochemical Fluidised Catalytic Cracking Unit (PFCCU) being implemented under the Phase-3 Refinery Project to Polypropylene. The nameplate capacity of the Polypropylene plant is 440,000 TPA. The completion of Basic Design Engineering package and execution of the project is targeted in 30 months. The Polypropylene produced from MRPL complex would help in bridging the gap between supply and demand in the southern region of India.The MRPL Board in its meeting held on 16 February 2010 decided to increase the name-plate capacity/installed capacity of its refinery (Phase- I and Phase- II units) from the existing 9.69 MMTPA to 11.82 MMTPA considering the successful utilization of Design Margins available in the units over a period of 4 years. The cost of the expansion project is estimated at Rs 12412 crore. The mega Project will be funded through a 2:1 debt equity ratio. The equity portion will be financed using the MRPL internal accruals and the debt would be raised from the market.With the commissioning of Crude and Vacuum Distillation Unit-III (CDU / VDU-III) on 29 March 2012, production went on stream from the Phase-III Refinery Expansion-cum-Upgradation Project of MRPL. Thus, the name plate capacity of MRPL Refinery went up to 15 MMTPA from 11.82 MMTPA.On 6 June 2012, MRPL announced that it has been granted special tax incentives/concession package by the Karnataka state government for a period of 15 years comprising of entry tax, CST exemption and VAT deferment equal to 100% and 60% of eligible gross VAT for first 3 years and balance 12 years respectively. The entry tax on capital goods bought during construction is also exempted during project execution stage.On 8 July 2013, MRPL announced that it has been upgraded from Schedule 'B' status to Schedule 'A' status by Department of Public Enterprises (DPE), Government of India (GOI) with effect from 4 July 2013. This implies greater autonomy to the management, growth in organizational hierarchy besides placing MRPL in a better position in the international competitive market.On 2 September 2013, MRPL announced that it has successfully commissioned Single Point Mooring (SPM) system off Tannirbavi coast. This facility will enable the company to receive crude in Suez Max/VLCC vessels which in turn will give freight economics and allow access to West African and Latin American crudes. This facility will also decongest existing berth facility at NMPT port for enhanced capacity operation of the refinery and reduce the incidence of demurrage. This facility is also intended for crude receipt by the Indian Strategic Petroleum Reserve Limited underground cavern for storage of crude at Mangalore. Commissioning of the SPM is expected to improve the bottom line of the company MRPL's Delayed Coker Unit (DCU) of 3 MMTPA, which is part of the Refinery Up-gradation cum Expansion Project, went on stream on 3 April 2014. With this the Fuel Oil production will come down drastically with corresponding increase in high value products.On 27 August 2014, MRPL announced that the Petro Fluidized Catalytie Cracking (PFCC) Unit has been successfully commissioned on 27 August 2014 in Phase-III project of the Company and products are being routed to respective destinations. This will increase LPG, light distillates and production of Propylene which is a feed for Polypropylene Unit.On 8 December 2014, MRPL announced that the company has obtained a bulk supply order of petcoke form M/S Ramco Cements Ltd. to supply 6000 metric tonnes of petcoke by barge from NMPT, Mangalore. This is the first major bulk supply of petcoke by barge.The Board of Directors of MRPL at its meeting held on 9 February 2015 approved acquiring of major stake in ONGC Mangalore Petrochemicals Limited (OMPL). MRPL was holding 3% of the paid up equity of OMPL, which has been increased to 46% by purchasing fully paid up equity shares from individual shareholders.On 28 February 2015, MRPL announced that ONGC Mangalore Petrochemicals Limited (OMPL) has become a subsidiary of the company. Following allotment of shares to MRPL by OMPL, MRPL is holding 51.002% stake in OMPL.MRPL successfully started commercial production of Polypropylene from its Polypropylene (PP) Plant as part of its Phase III Refinery expansion and upgradation project on 18 June 2015. The plant has capacity to produce 4,40,000 TPA polypropylene. The Feed Stock for the Polypropylene plant, polymer grade propylene, is being produced from upstream Petrochemical Fluidised Catalytic Cracking Unit (PFCCU). With this, MRPL's Phase-III of refining expansion is fully completed.The Board of Directors of MRPL at its meeting held on 8 July 2015 approved a Scheme of Amalgamation between the company, ONGC Mangalore Petrochemicals Limited (OMPL) and their respective shareholders and creditors for the amalgamation of OMPL into and with the company in terms of Section 391-394 of Companies Act, 1956 and other relevant provisions of the Companies Act, 1956 and Companies Act, 2013 (Scheme). OMPL is a subsidiary of MRPL, wherein MRPL holds 51% and Oil and Natural Gas Corporation Limited holds 49% of the issued, subscribed and paid-up share capital. OMPL is primarily engaged in developing and operating a green field petrochemical project consisting of an aromatic complex situated in Mangalore Special Economic Zone for production of Para-xylene and Benzene.On 7 October 2015, MRPL signed a Memorandum of Understanding (MOU) with New Mangalore Port Trust (NMPT) to study the feasibility of setting up an LNG Re-gasification terminal at Mangalore. In February 2018, MRPL inaugurated company owned company operated (COCO) retail outlet at Panambur, Mangalore. In March 2018, it commissioned its first dealer owned dealer operated (DODO) retail outlet at Mandya in Karnataka.In 2019-20, MRPL started producing BS VI MS & HSD from September, 2019. During the FY 2020-21, MRPL acquired the stake of ONGC in ONGC Mangalore Petrochemicals Limited (OMPL) and consequently, as on March 31, 2021, MRPL held 99.99% stake in OMPL.The amalgamation of erstwhile Wholly Owned Subsidiary Company, ONGC Mangalore Petrochemicals Limited (OMPL) with Holding Company i.e., Mangalore Refinery and Petrochemicals Limited (MRPL) was made effective from 01 May, 2022. During year 2021-22, the Company commissioned FCC Gasoline Treating Unit (FGTU) of 800 KTPA Feed capacity as part of its BS-VI Project, on 11 July, 2021. It commissioned Desalination Plant based on Reverse Osmosis Technology using Seawater with design capacity of 30 MLD process grade water, on 17 Dec'21. It commissioned Sulfur Recovery Unit (SRU-7) with design capacity of 185 TPD Sulfur production as part of its BS-VI Project, on March 28, 2022. 4 New HSD tanks, Beta Land with the capacity of 30200 KL each of gross storage capacity along with the New HSD coastal line to Jetty were commissioned during FY2021-22. Five new Crudes were processed including Tupi Crude (API-30.2) from Brazil, Amna Crude (API-37.2) from Libya, Egina Crude (API-27.6) from Nigeria, Basrah Medium Crude (API- 28.57) from Iraq and Baobab Crude (API22.6, High TAN) from Ivory Coast for the first time during the FY 2021-22. During 2022-23, the Company commissioned 31 Retail Outlets during FY 2022-23 increasing the count to a total of 63 operational retail outlets as on 31.03.2023. The Company's Joint Venture Shell MRPL Aviation Fuel and Services Limited acquired business for sale of Aviation Turbine Fuel (ATF) at Indian airports in 2023. A 30 MLD Desalination Plant was commissioned at Sea Coast of Arabic Ocean. Visbreaker unit was operated as Feed Preparation Unit for Delayed Coking Unit (DCU). Aromatic complex was operated on reformate mode during the year. Revamp of Regenerator section of CCR-1 was commissioned in Jun' 23.In 2023-24, Revamp of Regenerator section of CCR-1 project was carried out to increase Regenerator Coke burn capacity thereby resulting in overall capacity increase from 75m3/hr to 80m3/hr and commissioned in May, 2023. Petrochemical Fluidized Catalytic Cracking (PFCC) LPG + Propylene Amine Scrubber Plant was commissioned in February, 2024. The scaling up of Desalination Plant capacity from 30 MLD to 40 MLD was taken up and commissioned in February, 2024. The Company has commissioned 100th retail outlet in 2023-24. As of 31 March, 2024, your company has significantly expanded its retail operations in the states of Karnataka and Kerala, bringing the total number of operational retail outlets to 101. Mandatory M & I Shutdown of Phase III Refinery units and Hydrocracker Unit 1 completed and all the units were restarted.In FY 2025, new Bitumen train and PFCC Wet Gas Scrubber projects commissioned. Devangonthi Marketing Terminal commissioned at Dodda Dasarahally, Bangalore for dispatch of all three products (MS, HSD & ATF). Refinery has processed new & variety of crude mainly Kaliningrad (Russia, API-39.4), Varandey (Russia, API-37.6), Eocene (Neutral Zone, API-18.1), Peregrino (Brazil, API-14.4), Sandibinskaya (Russia, API-31.8) & Merey-16 (Venezuela, API-15.69) during this year which added additional margin to the refinery. MRPL expanded the product portfolio by introducing Toluene and Mineral Turpentine Oil (MTO). It commissioned 66 HiQ retail outlets during FY 2024- 25. Notably, the Company marked its entry into the Tamil Nadu market by commissioning three HiQ st outlets. As of 31 March 2025, the total number of operational HiQ retail outlets stood at 167, marking a substantial expansion across Karnataka, Kerala & Tamil Nadu.

Chairman (Non-Executive)

ARUN KUMAR SINGH

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

FAX :91-824-2270400

Background

Incorporation Year 1988

Face Value ₹10.00

Market Lot 1

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