MRPL
NSE: MRPL · Refineries & Marketing · sector
₹182.61NSE close 2026-10-26
Key numbers
Market cap₹32,004 cr
Price₹182.61
52w high / low₹212 / ₹136
P/E7.2xSector median 9.7x
P/B1.9xSector median 1.9x
Book value₹97.2
Dividend yield2.19%Sector median 2.19%
ROE29.1%Sector median 16.6%
ROCE31.0%Sector median 14.3%
OPM7.0%Sector median 7.6%
Debt / equity0.54xSector median 0.39x
EV/EBITDA4.2xSector median 9.3x
Interest cover8.5x
Current ratio1.29x
Sales growth 3y-5.5%Sector median -2.3%
Profit growth 3y-10.2%Sector median +6.6%
PEG–
Last 12 months to Sep 2026, Consolidated. "Sector median" = middle value of 13 companies in Refineries & Marketing (P/E median leaves out loss-making companies). Tap ? for what a number means.
Things to know
- Cash ₹611 cr vs borrowings ₹14,334 cr (FY26): borrowings are higher by ₹13,723 cr.
- Operating profit covered interest 8.5x in the last 12 months.
- No promoter shares are pledged.
- Operating cash flow was below net profit in 0 of the last 5 years.
- Net loss in 1 of the last 8 quarters.
- Revenue was higher than a year earlier in 4 of the last 4 quarters.
- Other income was 5% of net profit in the last 12 months.
- Dividend paid in 3 of the last 5 financial years.
- Price ₹182.61 on 2026-10-26: -14.0% from the 52-week high, +34.3% from the 52-week low.
Plain facts from the filings, built by the same fixed rules for every company. A line appears only when the data for it is available. Not a view on the stock.
Charts
Weekly close · high ₹206.77 · low ₹101.40
RevenueNet profit
RevenueNet profit
Quarterly results
| ₹ cr | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Revenue | 25,601 | 27,601 | 20,988 | 25,953 | 29,720 | 28,493 | 41,609 | 35,590 |
| EBITDA | 1,031 | 1,130 | 180 | 1,489 | 2,785 | 1,783 | 1,789 | 3,160 |
| OPM % | 4.0% | 4.1% | 0.9% | 5.7% | 9.4% | 6.3% | 4.3% | 8.9% |
| Other income | 33 | 38 | 38 | 61 | 39 | 59 | 71 | 50 |
| Net profit | 309 | 371 | -271 | 624 | 1,451 | 117 | 946 | 1,901 |
| EPS (₹) | 1.76 | 2.11 | -1.54 | 3.58 | 8.28 | 0.67 | 5.40 | 10.85 |
| Revenue YoY | +16.1% | +3.2% | +98.3% | +37.1% | ||||
| Profit YoY | +369.1% | -68.4% | – | +204.8% |
Consolidated figures where filed. Latest quarter Sep 2026.
Profit & loss (yearly)
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 | TTM |
|---|---|---|---|---|---|---|
| Revenue | 86,064 | 1,24,736 | 1,05,223 | 1,09,277 | 1,05,155 | 1,35,413 |
| EBITDA | 4,901 | 6,499 | 7,687 | 2,293 | 6,235 | 9,517 |
| Net profit | 2,958 | 2,655 | 3,597 | 56 | 1,925 | 4,414 |
| EPS (₹) | 16.88 | 15.15 | 20.52 | 0.32 | 10.98 | 25.20 |
| Revenue growth | +44.9% | -15.6% | +3.9% | -3.8% | +35.2% | |
| Profit growth | -10.2% | +35.5% | -98.4% | +3,323.9% | +327.4% | |
| Dividend / share (₹) | – | – | 1.00 | 2.00 | 4.00 |
| Compounded growth | 3 years | 5 years | Last 12 months |
|---|---|---|---|
| Sales | -5.5% | +15.6% | +35.2% |
| Net profit | -10.2% | – | +327.4% |
| EPS | -10.2% | – | – |
| Share price | – | +2.9% (2y) | +11.3% |
Balance sheet
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Shareholders' equity | – | 9,865 | 13,283 | 12,970 | 14,197 |
| Borrowings | – | 16,707 | 12,452 | 12,867 | 14,334 |
| Cash & equivalents | – | 39 | 39 | 31 | 611 |
| Total assets | – | 35,145 | 35,430 | 34,435 | 44,481 |
| Fixed assets | – | 20,005 | 20,022 | 19,686 | 20,043 |
| Capital work in progress | – | 475 | 721 | 720 | 828 |
| Investments | – | 1 | 2 | 4 | 5 |
| Receivables | – | 4,469 | 3,860 | 3,511 | 6,059 |
| Inventory | – | 6,777 | 8,306 | 7,720 | 14,422 |
| Payables | – | 6,169 | 7,204 | 5,815 | 11,063 |
Year-end figures from the March annual filing.
Cash flow
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| Cash from operations | 4,693 | 6,364 | 7,045 | 1,878 | 2,531 |
| Cash from investing | -595 | -673 | -1,518 | -940 | -1,378 |
| Cash from financing | -4,119 | -5,690 | -5,524 | -938 | -598 |
| Capex | 611 | 703 | 1,556 | 990 | 1,412 |
| Free cash flow | 4,082 | 5,662 | 5,489 | 888 | 1,119 |
Free cash flow = cash from operations − capex.
Ratios by year
| ₹ cr | FY22 | FY23 | FY24 | FY25 | FY26 |
|---|---|---|---|---|---|
| ROE % | – | 26.9% | 27.1% | 0.4% | 13.6% |
| ROCE % | – | 20.7% | 25.7% | 4.3% | 17.2% |
| Debtor days | – | 13 | 13 | 12 | 21 |
| Inventory days | – | 25 | 38 | 32 | 67 |
| Payable days | – | 23 | 33 | 24 | 52 |
| Cash conversion cycle (days) | – | 15 | 18 | 20 | 36 |
| Working capital days | – | 0 | 1 | -1 | 9 |
Shareholding
| Holder | % (2026-09-30) |
|---|---|
| Promoters | 88.58% |
| FIIs | 2.45% |
| DIIs | 0.54% |
| of which Mutual funds | 0.37% |
| of which Insurance | 0.15% |
| Government | 0.00% |
| Public (non-institutions) | 8.43% |
| Quarter | Dec 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 | Jun 2026 | Sep 2026 |
|---|---|---|---|---|---|---|---|---|
| Promoters % | 88.58% | 88.58% | 88.58% | 88.58% | 88.58% | 88.58% | 88.58% | 88.58% |
| Promoter group | % |
|---|---|
| Oil And Natural Gas Corporation Ltd | 71.63% |
| Hindustan Petroleum Corporation Limited | 16.96% |
| Public holders above 1% | % |
|---|---|
| Investor Education And Protection Fund Authority Ministry Of Corporate Affairs | 1.38% |
4,71,189 shareholders. Pledged: 0.00% of promoter shares.
Peers in Refineries & Marketing
| Company | Market cap | P/E | P/B | ROE | ROCE | OPM | Sales 3y | Div yield |
|---|---|---|---|---|---|---|---|---|
| RELIANCE | ₹16,26,396 cr | 21.8x | 1.8x | 8.6% | 11.3% | 16.1% | +6.4% | 0.48% |
| IOC | ₹1,84,776 cr | 5.3x | 0.8x | 16.6% | 15.2% | 7.1% | -1.8% | 7.42% |
| BPCL | ₹1,24,076 cr | 7.2x | 1.2x | 18.9% | 17.2% | 5.2% | -0.7% | 7.68% |
| HINDPETRO | ₹73,080 cr | 43.8x | 1.1x | 2.9% | 1.4% | 1.4% | +0.9% | 4.51% |
| MRPL | ₹32,004 cr | 7.2x | 1.9x | 29.1% | 31.0% | 7.0% | -5.5% | 2.19% |
| CHENNPETRO | ₹22,655 cr | 5.4x | 2.0x | 43.2% | 43.4% | 7.0% | -4.7% | 0.85% |
| SANINFRA | ₹648 cr | 29.0x | 16.8x | 8.2% | 10.0% | 8.1% | -10.1% | – |
| RAJSEC | ₹463 cr | 3.7x | 4.0x | 87.1% | 77.8% | 37.3% | – | – |
| KOTYARK | ₹370 cr | 19.7x | 2.0x | 12.0% | 14.3% | 15.2% | – | 0.09% |
| RESGEN | ₹99 cr | 9.7x | 2.4x | 25.1% | 30.4% | 19.0% | +44.5% | – |
Dividends & corporate actions
| Ex-date | Action | Detail |
|---|---|---|
| 2026-10-21 | Dividend | Interim Dividend - Rs 3 Per Share |
| 2026-03-11 | Dividend | Interim Dividend - Rs 4 Per Share |
| 2024-08-14 | Other | Annual General Meeting |
| 2024-08-09 | Dividend | Dividend - Rs 2 Per Share |
| 2024-02-02 | Dividend | Interim Dividend - Re 1 Per Share |
| 2023-08-17 | Other | Annual General Meeting |
| 2022-08-10 | Other | Annual General Meeting |
| 2021-08-25 | Other | Annual General Meeting |
| 2020-09-10 | Other | Annual General Meeting |
| 2019-05-30 | Dividend | Dividend Rs - 1 Per Share |
| 2018-06-28 | Dividend | Dividend Rs 3/- Per Share |
| 2017-08-10 | Dividend | Dividend - Rs 6/- Per Share(Book Closure Dates Revised) |
| 2016-08-25 | Other | Annual General Meeting |
| 2015-07-30 | Other | Annual General Meeting |
| 2014-07-25 | Other | E-Voting |
| 2013-08-29 | Other | Annual General Meeting |
| 2012-07-12 | Dividend | Annual General Meeting/ Dividend Re.1 Per Share |
| 2011-07-07 | Dividend | Annual General Meeting And Dividend Re 1.20 Per Share |
| 2010-07-15 | Dividend | Annual General Meeting And Dividend Rs.1.20 Per Share |
| 2009-08-06 | Other | Agm/Div-Rs.1.20 Per Share |
Documents
- Annual report FY26
- Annual report FY25
- Annual report FY24
- Annual report FY23
- Annual report FY22
- Announcements NSE filings
- BRSR FY26
- Latest results (data file) XBRL
- Announcements BSE filings
Links go to the original files on the exchange website.
About the company
- Crude Oil Refinery & Manufacturing of Petrochemicals: Manufacturing & marketing of petroleum and petrochemical products
| Sector | Energy |
| Industry | Refineries & Marketing |
| Sub-industry | Refineries & Marketing |
| Symbol | MRPL |
| BSE code | 500109 |
| ISIN | INE103A01014 |
| Face value | ₹10.0 |
| Incorporated | 1988-03-07 |
| Website | www.mrpl.co.in |
| Plants (India / abroad) | 1 / 0 |
From the company's filings (BRSR FY26).
Data built 2026-10-22 from NSE company filings (XBRL: Integrated Filing - Financials + financial results), NSE shareholding & pledge data; price = NSE close 2026-10-26.