| ₹ crore | Q2 FY27 | Q2 FY26 | Change |
|---|---|---|---|
| Revenue | 35,590 | 25,953 | +37.1% |
| EBITDA | 3,279 | 1,489 | +120.3% |
| EBITDA margin | 9.2% | 5.7% | +3.5 pts |
| Profit before tax | 2,519 | 960 | +162.5% |
| Net profit | 1,901 | 627 | +203.0% |
| EPS | ₹10.85 | ₹3.58 | +203.1% |
Amounts on the left scale in ₹ crore; per cent on the right, dashed. L = lakh crore, K = thousand crore. Touch the chart to read any period.
| Tap a line for its trend | Currentlast 12M | FY26Mar 2026 | FY25Mar 2025 | FY24Mar 2024 | FY23Mar 2023 | FY22 and earlierAlpha Plus |
|---|
| 28,340 | — | — | — | — | FY22 and earlierEvery year the company has filed comes with Alpha Plus. | |
| 694 | 564 | 10.1 | 9.7 | 6.8 | ||
| 0.0 | 0.0 | 0.0 | 0.0 | 30.3 | ||
| 14,334 | 14,334 | 12,867 | 12,452 | 16,707 | ||
| 41,980 | — | — | — | — | ||
| 1,35,413 | 1,05,155 | 1,09,277 | 1,05,223 | 1,24,736 | ||
| — | −3.8% | +3.9% | −15.6% | — | ||
| 9,164 | 6,235 | 2,293 | 7,696 | 6,497 | ||
| 6.8% | 5.9% | 2.1% | 7.3% | 5.2% | ||
| 7,571 | 4,716 | 946 | 6,438 | 5,310 | ||
| 4,414 | 1,925 | 56.2 | 3,597 | 2,655 | ||
| 3.3% | 1.8% | 0.1% | 3.4% | 2.1% | ||
| ₹25.19 | ₹10.98 | ₹0.32 | ₹20.52 | ₹15.15 | ||
| — | +3,323.9% | −98.4% | +35.5% | — | ||
| — | 2,531 | 1,878 | 7,045 | 6,364 | ||
| — | −1,412 | −990 | −1,556 | −703 | ||
| 1,119 | 1,119 | 888 | 5,489 | 5,662 | ||
From the company's filings with NSE and BSE (Ind-AS), consolidated. For information only, not investment advice.
In ₹ Crore except Per Share 12 Months Ending | FY23 31/03/2023 | FY24 31/03/2024 | FY25 31/03/2025 | FY26 31/03/2026 | Current/LTM TTM · last close | |
|---|---|---|---|---|---|---|
| Market Capitalization | — | — | — | — | 28,339.5 | |
| - Cash, Equiv & ST Investments | 6.8 | 9.7 | 10.1 | 564.5 | 693.6 | |
| + Minority Interest | 30.3 | 0.0 | 0.0 | 0.0 | 0.0 | |
| + Total Debt | 16,707.4 | 12,451.8 | 12,866.6 | 14,333.7 | 14,333.7 | |
| Enterprise Value | — | — | — | — | 41,979.6 | |
| Revenue | 1,24,736.0 | 1,05,223.3 | 1,09,277.5 | 1,05,155.5 | 1,35,412.5 | |
| Growth %, YoY | — | -15.6 | +3.9 | -3.8 | — | |
| EBITDA | 6,496.6 | 7,695.8 | 2,292.8 | 6,235.5 | 9,164.2 | |
| Margin % | 5.21 | 7.31 | 2.10 | 5.93 | 6.77 | |
| EBIT | 5,309.9 | 6,438.5 | 945.8 | 4,715.6 | 7,570.6 | |
| Net Income | 2,655.4 | 3,597.1 | 56.2 | 1,924.6 | 4,414.3 | |
| Margin % | 2.13 | 3.42 | 0.05 | 1.83 | 3.26 | |
| EPS, Adj (current shares) | 15.15 | 20.52 | 0.32 | 10.98 | 25.19 | |
| Growth %, YoY | — | +35.5 | -98.4 | +3,323.9 | — | |
| Cash from Operations | 6,364.4 | 7,045.0 | 1,877.9 | 2,531.2 | — | |
| Capital Expenditures | -702.8 | -1,556.0 | -990.3 | -1,412.3 | — | |
| Free Cash Flow | 5,661.6 | 5,489.0 | 887.6 | 1,118.9 | 1,118.9 | |
Prices at the 30 October 2026 close · figures from the company's filings with NSE
Mangalore Refinery & Petrochemicals (NSE: MRPL) had a market capitalisation of ₹30,346 crore at the 30 October 2026 close (₹173.15 a share), a PE ratio of 6.9 on the last four quarters' profit and a price-to-book ratio of 1.78. In FY26 its consolidated net profit was ₹1,925 crore on revenue of ₹1,05,155 crore; in Q2 FY27 (July–September 2026) it was ₹1,901 crore, up 204.8% year on year. Its debt-to-equity ratio was 0.54 on 30 September 2026. Promoters held 88.58% of the shares on 30 September 2026.
Mangalore Refinery & Petrochemicals' PE ratio is 6.9 at the 30 October 2026 close (₹173.15 a share): a market capitalisation of ₹30,346 crore divided by consolidated net profit of ₹4,414 crore over the last four quarters (Q3 FY26 to Q2 FY27). On FY26 net profit (₹1,925 crore) it is 15.8.
Mangalore Refinery & Petrochemicals' price-to-book (PB) ratio is 1.78 at the 30 October 2026 close: a market capitalisation of ₹30,346 crore divided by shareholders' equity (book value) of ₹17,038 crore on 30 September 2026. That is a book value of ₹97.22 per share against a share price of ₹173.15.
Mangalore Refinery & Petrochemicals' net worth — shareholders' equity in its consolidated balance sheet — was ₹17,038 crore on 30 September 2026, up 27.9% from ₹13,318 crore a year earlier. Its market value is a different figure: a market capitalisation of ₹30,346 crore at the 30 October 2026 close.
Mangalore Refinery & Petrochemicals' market capitalisation was ₹30,346 crore at the 30 October 2026 close: 175.26 crore shares at ₹173.15 each.
Mangalore Refinery & Petrochemicals' debt-to-equity ratio was 0.54 on 30 September 2026: borrowings of ₹9,245 crore against total equity of ₹17,038 crore. A year earlier, on 30 September 2025, it was 0.79.
Mangalore Refinery & Petrochemicals' basic earnings per share (EPS) were ₹10.98 in FY26, against ₹0.32 in FY25. Over the last four quarters (Q3 FY26 to Q2 FY27) they add up to ₹25.20.
No. Mangalore Refinery & Petrochemicals had borrowings of ₹9,245 crore on 30 September 2026 (consolidated balance sheet), a debt-to-equity ratio of 0.54. Its cash and current investments were ₹779 crore, so its net debt was ₹8,466 crore.
Mangalore Refinery & Petrochemicals' book value per share was ₹97.22 on 30 September 2026: shareholders' equity of ₹17,038 crore divided by the 175.26 crore shares in issue, up 27.9% from ₹75.99 a year earlier. The share price at the 30 October 2026 close was ₹173.15.
In FY26, Mangalore Refinery & Petrochemicals generated ₹2,531 crore of cash from operations and spent ₹1,412 crore on capital expenditure (property, plant, equipment and intangibles), leaving free cash flow of ₹1,119 crore. In FY25 it was ₹888 crore.
In FY26, Mangalore Refinery & Petrochemicals' return on equity (ROE) was 14.2% and its return on capital employed (ROCE) was 19.8%. ROE is net profit divided by average shareholders' equity (the start and end of the year); ROCE is operating profit (EBIT) divided by average capital employed (total assets less current liabilities). In FY25, ROE was 0.4% and ROCE 4.2%.
Mangalore Refinery & Petrochemicals' dividend yield is 4.04% at the 30 October 2026 close: dividends of ₹7 a share that went ex-dividend in the 12 months before that day, divided by the share price of ₹173.15. They were ₹3 on 21 October 2026 (interim) and ₹4 on 11 March 2026 (interim).
On 30 September 2026, Mangalore Refinery & Petrochemicals' shares were held by promoters 88.58%, foreign portfolio investors (FII/FPI) 2.45%, domestic institutions (DII) 0.54% (including mutual funds at 0.37%) and retail and other non-institutional investors 8.43%. Over the year, FII holding was up 1.24 percentage points from 1.21% and DII holding was down 0.91 percentage points from 1.45%.
In 2026, Mangalore Refinery & Petrochemicals has declared two dividends totalling ₹7 a share: ₹4 (interim) with record date 11 March 2026 and ₹3 (interim) with record date 21 October 2026.
Promoters held 88.58% of Mangalore Refinery & Petrochemicals on 30 September 2026, unchanged from both the previous quarter and a year earlier, according to the shareholding pattern filed with NSE.
Mangalore Refinery & Petrochemicals' latest results are for Q2 FY27 (July–September 2026), filed on 14 October 2026: consolidated net profit ₹1,901 crore, up 204.8% from ₹624 crore in Q2 FY26; revenue from operations ₹35,590 crore, up 37.1% year on year.
In FY26 (April 2025–March 2026), Mangalore Refinery & Petrochemicals' consolidated net profit was ₹1,925 crore, null, on revenue from operations of ₹1,05,155 crore (down 3.8%). Over three years, from FY23, net profit was down 27.5%.
Mangalore Refinery & Petrochemicals has reported Q2 FY27. Its next results, for Q3 FY27 (October–December 2026), are due by 14 February 2027 under SEBI's 45-day rule; the company notifies the board-meeting date at least two working days before.
At the 30 October 2026 closing prices, on FY26 net profit, Mangalore Refinery & Petrochemicals' PE ratio is 15.8, the highest of the four: Chennai Petroleum Corporation 7.3, Indian Oil (IOC) 4.4 and BPCL 4.7, a peer average of 5.4. Each is the company's market capitalisation at that price divided by its FY26 net profit.
On FY26 consolidated figures, against Chennai Petroleum Corporation, Indian Oil (IOC) and BPCL: Mangalore Refinery & Petrochemicals' operating margin of 4.5% is the lowest of the four (Chennai Petroleum Corporation 5.3%, Indian Oil (IOC) 6.5%, BPCL 6.4%; peer average 6.1%); its return on equity of 14.2% is the lowest of the four (Chennai Petroleum Corporation 32.1%, Indian Oil (IOC) 20.7%, BPCL 28.5%; peer average 27.1%); its revenue growth over three years of −5.5% a year is the lowest of the four (Chennai Petroleum Corporation −4.7% a year, Indian Oil (IOC) −1.8% a year, BPCL −0.7% a year; peer average −2.4% a year).
In FY26, Mangalore Refinery & Petrochemicals earned net profit of ₹1,925 crore on revenue of ₹1,05,155 crore, against ₹3,103 crore on ₹78,611 crore for Chennai Petroleum Corporation. Mangalore Refinery & Petrochemicals' operating margin was 4.5% (Chennai Petroleum Corporation 5.3%) and its return on equity 14.2% (Chennai Petroleum Corporation 32.1%). At the 30 October 2026 close, Mangalore Refinery & Petrochemicals' market capitalisation was ₹30,346 crore against ₹22,508 crore for Chennai Petroleum Corporation, and its PE ratio on FY26 profit 15.8 against 7.3.
From Mangalore Refinery & Petrochemicals' own consolidated results, balance sheets and shareholding patterns filed with NSE, and NSE prices (the latest used here: the 30 October 2026 close). Ratios are calculated by Alphave from those filings as each answer describes.
Consolidated figures from the company's filings with NSE; prices are NSE closing prices.