This blog will provide an easy-to-understand overview of MRPL share price targets for 2025, 2027, 2030,2040 and 2050.
Our analysis, based on expert research, highlights the company’s growth potential, performance, and future direction.
MRPL is an important stock in the market, and this article will help you understand its financial health, business plans, and shareholder patterns.
By sharing expert predictions, we aim to show you how MRPL’s share price may move in the coming years.
If you’re considering investing in MRPL, this article will help you make better decisions by looking at the company’s future from 2025 to 2050.
Mangalore Refinery and Petrochemicals Limited (MRPL), located in Katipalla near Mangalore, is an important part of India’s oil industry.
It was founded in 1988 as a joint venture but became a public company when Oil and Natural Gas Corporation (ONGC) bought most of its shares in 2003.
MRPL’s refinery can process 15 million metric tonnes of crude oil each year, making it one of the largest in India.
It is the only refinery in India with two hydrocrackers that produce high-quality diesel.
It also has a unit that makes polypropylene with a capacity of 0.44 million metric tonnes a year.
MRPL is known for being highly automated and able to handle different types of crude oil.
It is one of only two refineries in India that can make high-octane unleaded petrol using two Continuous Catalyst Regenerators (CCRs).
In 2020, MRPL reported a revenue of ₹60,062.02 crore (about US$8.4 billion).
ONGC owns about 71.63% of MRPL, while Hindustan Petroleum Corporation Limited (HPCL) owns 16.95%.
The refinery started with a capacity of 3 million metric tonnes per year and later grew to 15 million metric tonnes to meet rising demand.
After ONGC took over the AV Birla Group’s shares in 2003, MRPL expanded and improved its operations.
In 2007, the Indian government gave MRPL the Miniratna status, highlighting its importance in India’s energy sector.
In 2018, MRPL was approved to merge with HPCL, strengthening its position in India’s oil and gas industry.
Mangalore Refinery and Petrochemicals Limited (MRPL) is a Category 1 Miniratna Central Public Sector Enterprise (CPSE) under the Ministry of Petroleum and Natural Gas.
It was founded on March 7, 1988, initially as a private sector joint venture, and later became a public sector company owned by ONGC.
MRPL aims to become one of the top companies in refining and petrochemicals.
The company has a refining capacity of 15 million metric tonnes per year and focuses on using renewable energy, mainly natural gas, for its energy needs.
Recently, MRPL has been refining around 15.10 million tonnes of crude oil annually.
Its products are sold across India and also exported abroad.
As MRPL grows and its sales increase, the company’s share price is expected to rise.
In the next sections, we will look at the expected MRPL share price from 2025 to 2050.
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| Questions | Answers |
|---|---|
| P/E Ratio | 13.66 |
| Founded | 7 March 1988 (36 years ago) |
| Dividend Yield | 1.53% |
| Headquarters | Mudapadav, Kuthethoor P.O., Via Katipalla, Mangalore, India |
| Products | Petroleum, Petrochemicals and Natural gas |
| Promoter Holding | 88.58% |
| Market Cap | ₹36,264.77 Crore |
| Key People | Arun Kumar Singh, (Chairman) Sanjay Varma |
| Return on Capital Employed | 14.8% |
| Debt to Equity | 0.94 |
| EPS (Trailing Twelve Months) | ₹15.15 |
| Revenue | ₹86,161 crore (US$10 billion) [2022] |
| Owner | Oil and Natural Gas Corporation, Ministry of Petroleum and Natural Gas, Government of India |
| Website | https://www.mrpl.co.in/ |
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MRPL is in a good position to benefit from India’s rising energy needs and the government’s push to increase refining capacity.
The company is working on improving its operations and expanding its facilities, which puts it in a strong spot to grow in the energy sector.
These efforts are expected to improve MRPL’s performance and support strong growth shortly.
Based on our analysis, the MRPL share price target for 2024 is likely to be between ₹130 and ₹280. This shows MRPL’s ability to adjust to changing market conditions and support India’s energy goals, making it a promising option for long-term investors.
| Year | Min. Price | Max. Price |
|---|---|---|
| 2024 | ₹140 | ₹250 |
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By 2025, MRPL plans to finish expansion and improvement projects.
The company’s focus on making better quality products and improving its product range should increase profits and improve its overall financial performance.
These efforts are designed to make MRPL stronger in the market, helping it grow and stay competitive in the long run.
With a clear focus on quality and innovation, MRPL is ready to improve how it operates, leading to more stable financial results and a stronger presence in the market.
| Year | Min. Price | Max. Price |
|---|---|---|
| 2025 | ₹200 | ₹310 |
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The promoter holding of MRPL is very strong at 89%, showing the company’s solid base and potential for steady growth.
Over the years, MRPL has built a good reputation in the oil and natural gas sector, making it a trusted and well-known company.
It continues to attract big investors who see it as a profitable investment. The company’s money turnover ratio is 6.67%, which highlights its financial strength and efficiency.
In the financial year 2022-23, MRPL achieved a total turnover of ₹1,20,587 crore as of 21st April 2023, proving its strong market performance.
| Year | Min. Price | Max. Price |
|---|---|---|
| 2027 | ₹300 | ₹420 |
Another important point is the company’s Cash Conversion Cycle, which is only 8.36 days.
This means MRPL sells its products and reinvests in its operations very quickly.
The Return on Equity (ROE) for the last three years is 24.12%, showing the company’s profitability and growth ability.
MRPL’s partnership with the Birla Group and its link with ONGC further boost its credibility and long-term growth prospects.
For 2027, MRPL’s share price looks promising.
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In recent years, the demand for crude oil has been steadily rising, affecting many industries and driving the production of important petroleum products like petrol, diesel, kerosene, LPG gas, and lubricants.
Seeing the potential of crude oil refining, the Government of India is focused on increasing the production of petrol and diesel to meet the country’s growing energy needs
In this area, Mangalore Refinery and Petrochemicals Ltd (MRPL) has become an important company, expanding its operations and preparing for future growth.
MRPL’s share price has been rising in the stock market, showing strong investor confidence and growth potential.
| Year | Min. Price | Max. Price |
|---|---|---|
| 2030 | ₹450 | ₹550 |
On November 15, 2023, its share price was ₹118, with an impressive return rate of 393%.
By February 26, 2024, the share price climbed to ₹247 as of 9:29 AM, showing strong market interest.
These price changes are due to the company’s good performance, higher profits, growing sales, and smart business strategies.
However, MRPL has some debt, with an interest coverage ratio of 4.10%, which investors should keep in mind when checking its financial health.
For long-term investors, MRPL shares offer a good opportunity.
With steady growth and a strong market presence, investing in MRPL could bring good returns in the future.
However, it’s always a good idea to seek advice from a financial expert before investing.
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By 2040, MRPL plans to become a top company in refining and petrochemicals.
The company is focused on clean energy and sustainability, preparing to succeed in the changing energy world.
MRPL uses modern technologies and eco-friendly methods to stay ahead and support global energy changes for a greener future.
| Year | Min. Price | Max. Price |
|---|---|---|
| 2040 | ₹1240 | ₹1400 |
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Investing in MRPL shares can be a great choice if you are looking for long-term growth in the energy sector.
Mangalore Refinery and Petrochemicals Limited (MRPL) has a strong business foundation as it works in both refining and petrochemicals, which helps generate income from different sources.
The company is also focusing on clean energy projects, matching the global shift toward greener energy.
By 2040, MRPL aims to be a leader in the refining and petrochemical industry, which could increase its value in the market.
However, investing in the stock market always involves risks, like changes in crude oil prices and government rules.
Before investing, you should check MRPL’s financial performance, such as its profits, debts, and future growth plans.
It’s also important to keep track of the company’s updates and quarterly results, especially about its green energy projects.
If you are ready to invest for the long term, MRPL’s focus on innovation and sustainability could bring good returns.
To reduce risks, make sure to invest in a variety of stocks and talk to a financial advisor.
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| Year | Min. Price | Max. Price |
|---|---|---|
| 2050 | ₹2100 | ₹2450 |
Mangalore Refinery and Petrochemicals Ltd (MRPL) could be an interesting investment, but it’s important to carefully analyze the company’s performance.
The company has done well financially, with a return on equity (ROE) of 27.08%, which is better than its average over the past five years.
However, in the first quarter of FY24, MRPL reported a net loss of ₹73.22 crore due to a 16.92% drop in sales.
The stock has a P/E ratio of 13.95 and a market value of ₹36,261 crore, with a debt-to-equity ratio of 0.94.
The stock price has been unstable, and there is a predicted 59% price drop, so it’s important to be careful before investing.
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| Year | Price Target |
|---|---|
| MRPL Share Price Target 2024 | ₹140 to ₹250 |
| MRPL Share Price Target 2025 | ₹200 to ₹310 |
| MRPL Share Price Target 2026 | ₹250 to ₹390 |
| MRPL Share Price Target 2027 | ₹300 to ₹420 |
| MRPL Share Price Target 2028 | ₹360 to ₹490 |
| MRPL Share Price Target 2029 | ₹396 to ₹515 |
| MRPL Share Price Target 2030 | ₹450 to ₹550 |
| MRPL Share Price Target 2035 | ₹717 to ₹830 |
| MRPL Share Price Target 2040 | ₹1240 to ₹1440 |
| MRPL Share Price Target 2050 | ₹2100 to ₹2440 |
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The company performed well financially, with its revenue growing by 9.79% compared to last year, reaching ₹23,247.02 crore.
Its net profit increased by 17.34% to ₹1,031.57 crores, thanks to better-refining profits and higher production levels.
The progress on expansion and modernization projects shows its focus on future growth and efficiency, proving its strength in a competitive market.
India’s growing need for energy is creating big growth opportunities.
The company benefits from having advanced refineries.
Better efficiency in operations can help increase profits.
Moving into the petrochemical business offers new chances to grow.
Support from the government for local refining makes the company even stronger, helping it succeed in the changing energy market.
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| Bear Case | Bull Case |
|---|---|
| The refining industry faces many challenges that affect its stability and profits. | India’s energy sector is growing quickly, thanks to government efforts to improve local refining and bring in new ideas. |
| Fluctuating crude oil prices make it hard for refineries to predict their earnings. | Adding petrochemicals to operations creates more chances for higher profits and long-term success. |
| Strict environmental and regulatory rules increase costs and add pressure to follow compliance. | With its competitive value in the market, this sector is ready to take advantage of new opportunities and play a big role in the country’s economic growth and progress in the energy field. |
| The industry also deals with strong competition from local and international refiners, making it harder to stay profitable. | – |
| On top of this, the global move toward clean energy forces refineries to adjust to changing market needs and adopt greener practices. | – |
| With the industry’s ups and downs, refineries must stay flexible and creative to grow and succeed in this ever-changing environment. | – |
Mangalore Refinery and Petrochemicals Limited (MRPL) is a good investment choice in India’s growing energy sector.
The company has an advantage due to its strategic location, modern infrastructure, and ongoing projects that help it grow in the long term.
However, investors should be aware of the risks in the refining industry, which can be unpredictable, especially with the global shift towards cleaner energy.
The changes in the energy market may affect traditional energy companies in unexpected ways.
It’s important to carefully look at MRPL’s performance, match it with your financial goals, and understand the risks before investing.
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