More about Mangalore Refinery and Petrochemicals Limited
Fundamentals for Mangalore Refinery and Petrochemicals Limited
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Fundamentals for Mangalore Refinery and Petrochemicals Limited
Business Operations:
Sector: EnergyIndustry: Oil & Gas Refining & Marketing
Mangalore Refinery and Petrochemicals Limited engages in the manufacture and sale of refined petroleum products in India and internationally. The company produces and sells bitumen, furnace oil, high speed diesel, xylol, naphtha, pet coke, sulphur, and motor gasoline, as well as polypropylene and other products. It also sells petrochemical products, such as aromatic products comprising paraxylene, benzene, heavy aromatics, paraffinic raffinate, reformate, and toluene. The company also operates retail outlets. The company was incorporated in 1988 and is based in Mangalore, India. Mangalore Refinery and Petrochemicals Limited is a subsidiary of Oil and Natural Gas Corporation Limited.
Revenue projections:
With MRPL's revenue expected to be lower than the previous year, investors may become cautious. Declining revenues often negatively impact the bottom line, reducing profitability and raising concerns among investors about the company's ability to maintain strong financial performance moving forward.
Financial Ratios:
| currentRatio | 1.143000 |
|---|---|
| forwardPE | 3.173207 |
| debtToEquity | 108.059000 |
| earningsGrowth | -0.682000 |
| revenueGrowth | -0.034000 |
| grossMargins | 0.119650 |
| operatingMargins | 0.083540 |
| trailingEps | 10.980000 |
| forwardEps | 47.400000 |
MRPL's current ratio being 1.143 suggests the company will have no issues paying off its short-term debt. With sufficient cash reserves and current assets, MRPL can easily cover its immediate liabilities, reflecting solid financial health.
MRPL's high debt-to-equity ratio suggests a heavily leveraged capital structure. The company relies on debt to fund operations, which could heighten financial risks, particularly if economic conditions deteriorate or profitability declines.
Mangalore Refinery and Petrochemicals Limited's low earnings and revenue growth highlight a potential decline in profitability. This suggests that the company's financial health may be weakening, and profits could shrink as a result.
Mangalore Refinery and Petrochemicals Limited's negative gross and operating margins indicate that the company is currently unprofitable at both the production and operational levels. This suggests significant challenges in managing costs and generating revenue, which could impact its overall financial health.
MRPL's forward EPS surpassing its trailing EPS signals that the company is anticipated to be more profitable this year than last. This growth expectation highlights MRPL's potential for increased earnings and a stronger financial performance in the upcoming year.
Price projections:
Price projections for Mangalore Refinery and Petrochemicals Limited have consistently been revised upward, indicating positive sentiment toward the company. This gradual adjustment reflects growing confidence in Mangalore Refinery and Petrochemicals Limited's future potential and financial outlook among analysts.
Recommendation changes over time:
MRPL has received a mixed assessment from analysts, with no definitive buy or sell recommendations. Investors might find it prudent to take a broader approach, considering various market factors, as the analysts' lack of clarity leaves room for different interpretations.
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