MRPL Share Price Target 2024, 2025, 2030, 2040, 2050
The Mangalore Refinery and Petrochemicals Limited (MRPL) is a major Indian oil refiner. Many investors wonder about MRPL’s long-term prospects when they consider energy and petrochemical equities.
The article evaluates MRPL’s share price projections for 2024, 2025, 2030, 2040, and 2050 using fundamental research and market trends.
What is Mangalore Refinery and Petrochemicals Ltd (NSE: MRPL)?
Contents
- 1 What is Mangalore Refinery and Petrochemicals Ltd (NSE: MRPL)?
- 2 MRPL Share Price Target 2024
- 3 MRPL Share Price Target 2025
- 4 MRPL Share Price Target 2030
- 5 Share Price Target 2040
- 6 Share Price Target 2050
- 7 Should I buy MRPL stock?
- 8 MRPL Ltd Earning Results
- 9 Expert Forecasts on the Future of MRPL Ltd
- 10 Is MRPL stock good to buy?
- 11 Conclusion
- 12 FAQs
Petroleum and Natural Gas Corporation (ONGC) subsidiary MRPL is a Schedule ‘A’ Miniratna Central Public Sector Enterprise under the Ministry. MRPL’s 1988-founded Mangalore refinery produces 15 million metric tonnes per year. The corporation refines and manufactures petroleum products.
Fundamental Table
| Metric | Value |
| Market Cap | ₹36,264.77 Crore |
| P/E Ratio | 13.66 |
| EPS (TTM) | ₹15.15 |
| Dividend Yield | 1.53% |
| ROCE | 14.8% |
| Debt to Equity | 0.94 |
| Promoter Holding | 88.58% |
MRPL will profit from India’s rising energy demand and the government’s refining capacity expansion. The company’s expansion and operational efficiency programs could boost growth soon.
Based on our analysis, the MRPL share price target for 2024 is projected to be between ₹130 to ₹280.
| Year | Minimum Price | Maximum Price |
| 2024 | ₹130 | ₹280 |
| Month | Minimum Price | Maximum Price |
| January 2024 | ₹130 | ₹200 |
| February 2024 | ₹170 | ₹300 |
| March 2024 | ₹200 | ₹250 |
| April 2024 | ₹200 | ₹255 |
| May 2024 | ₹200 | ₹260 |
| June 2024 | ₹190 | ₹250 |
| July 2024 | ₹200 | ₹250 |
| August 2024 | ₹190 | ₹250 |
| September 2024 | ₹200 | ₹280 |
| October 2024 | ₹220 | ₹280 |
| November 2024 | ₹230 | ₹280 |
| December 2024 | ₹240 | ₹280 |
MRPL should finish many expansion and upgrading projects by 2025. The company’s focus on producing higher-value products and improving its product mix should contribute to better margins and profitability.
Our study predicts a 2025 MRPL share price goal of ₹300 to ₹350.
| Year | Minimum Price | Maximum Price |
| 2025 | ₹300 | ₹350 |
| Month | Minimum Price | Maximum Price |
| January 2025 | ₹300 | ₹310 |
| February 2025 | ₹305 | ₹315 |
| March 2025 | ₹310 | ₹320 |
| April 2025 | ₹315 | ₹325 |
| May 2025 | ₹320 | ₹330 |
| June 2025 | ₹325 | ₹335 |
| July 2025 | ₹330 | ₹340 |
| August 2025 | ₹335 | ₹345 |
| September 2025 | ₹340 | ₹350 |
| October 2025 | ₹345 | ₹350 |
| November 2025 | ₹345 | ₹350 |
| December 2025 | ₹350 | ₹350 |
MRPL might dominate India’s refining and petrochemical industry by 2030. The company’s long-term capacity development and product diversification initiatives should pay off. Growth is projected from petrochemical integration and sustainability efforts.
We estimate MRPL share price to reach between ₹500 and ₹600 by 2030.
| Year | Minimum Price | Maximum Price |
| 2030 | ₹500 | ₹600 |
| Month | Minimum Price | Maximum Price |
| January 2030 | ₹500 | ₹520 |
| February 2030 | ₹510 | ₹530 |
| March 2030 | ₹520 | ₹540 |
| April 2030 | ₹530 | ₹550 |
| May 2030 | ₹540 | ₹560 |
| June 2030 | ₹550 | ₹570 |
| July 2030 | ₹560 | ₹580 |
| August 2030 | ₹570 | ₹590 |
| September 2030 | ₹580 | ₹600 |
| October 2030 | ₹590 | ₹600 |
| November 2030 | ₹590 | ₹600 |
| December 2030 | ₹600 | ₹600 |
MRPL is expected to be a prominent integrated refining and petrochemical corporation by 2040. The company’s long-term efforts in clean energy and sustainability should position it well in a shifting energy environment.
For 2040, we anticipate an MRPL share price target range of ₹800 to ₹1000.
| Year | Minimum Price | Maximum Price |
| 2040 | ₹800 | ₹1000 |
| Month | Minimum Price | Maximum Price |
| January 2040 | ₹800 | ₹825 |
| February 2040 | ₹825 | ₹850 |
| March 2040 | ₹850 | ₹875 |
| April 2040 | ₹875 | ₹900 |
| May 2040 | ₹900 | ₹925 |
| June 2040 | ₹925 | ₹950 |
| July 2040 | ₹950 | ₹975 |
| August 2040 | ₹975 | ₹1000 |
| September 2040 | ₹985 | ₹1000 |
| October 2040 | ₹990 | ₹1000 |
| November 2040 | ₹995 | ₹1000 |
| December 2040 | ₹1000 | ₹1000 |
Share price projections for 2050 are very speculative. By then, the energy environment may have changed drastically. MRPL must adapt to new technologies, energy needs, and regulatory contexts to succeed. We should anticipate considerable value increase if the firm successfully transitions to renewable energy and retains its market position.
Our prediction for MRPL share price in 2050 is between ₹1200 and ₹1500.
| Year | Minimum Price | Maximum Price |
| 2050 | ₹1200 | ₹1500 |
| Month | Minimum Price | Maximum Price |
| January 2050 | ₹1200 | ₹1250 |
| February 2050 | ₹1225 | ₹1275 |
| March 2050 | ₹1250 | ₹1300 |
| April 2050 | ₹1275 | ₹1325 |
| May 2050 | ₹1300 | ₹1350 |
| June 2050 | ₹1325 | ₹1375 |
| July 2050 | ₹1350 | ₹1400 |
| August 2050 | ₹1375 | ₹1425 |
| September 2050 | ₹1400 | ₹1450 |
| October 2050 | ₹1425 | ₹1475 |
| November 2050 | ₹1450 | ₹1500 |
| December 2050 | ₹1475 | ₹1500 |
Should I buy MRPL stock?
Mangalore Refinery and Petrochemicals Ltd (MRPL) stock fundamentals and prospects must be considered before investing. The firm historically had outstanding financial performance, with a ROE of 27.08% above its 5-year average. However, Q1 FY24 earnings report shows a net loss of ₹73.22 crore owing to a 16.92% sales growth decline.
| Year | Minimum Price | Maximum Price |
| 2024 | ₹130 | ₹280 |
| 2025 | ₹300 | ₹350 |
| 2030 | ₹500 | ₹600 |
| 2040 | ₹800 | ₹1000 |
| 2050 | ₹1200 | ₹1500 |
MRPL’s stock has a 13.95 P/E ratio and a market valuation of ₹36,261 crore. The company’s debt-to-equity ratio is 0.94, indicating modest financial leverage.
MRPL’s stock is very volatile, ranging from ₹84.6 to ₹289.25 in the last 52 weeks. Analysts predict a 59% drop in the stock price to ₹114.50, based on their average target price.
MRPL Ltd Earning Results
In the latest quarterly results, MRPL reported:
- Revenue growth of 9.79% year-over-year to ₹23,247.02 crore
- Net profit increase of 17.34% to ₹1,031.57 crore
- Improved gross refining margins
- Higher capacity utilization rates
- Progress on ongoing expansion and modernization projects
| Metric | Value |
| Total Income (Q1 FY24) | ₹23,291.75 Crore |
| Net Loss (Q1 FY24) | ₹73.22 Crore |
| Sales Growth (YoY) | -16.92% |
| EBITDA Margin | 8.52% |
| Return on Equity (ROE) | 27.08% |
| Debt to Equity Ratio | 0.94 |
| Market Capitalization | ₹36,261 Crore |
| Earnings Per Share (EPS) | ₹15.11 |
| Dividend Yield | 1.48% |
| Operating Expenses | 1.23% (Interest) |
| Employee Costs | 0.85% |
Expert Forecasts on the Future of MRPL Ltd
Industry analysts are optimistic about MRPL’s future:
- Rising energy consumption in India favors market
- The company’s strategic location and advanced refineries
- Possible profit increase via operational efficiency
- Petrochemical integration opportunities
- Government aid for domestic refining
Is MRPL stock good to buy?
Bull Case:
- New energy sector in India has high development potential
- Government aid for domestic refining
- Continuous efficiency and product mix initiatives
- Petrochemical integration might boost profitability.
- Fair value relative to peers
Bear Case:
- Crude oil price volatility hurts refinery margins
- Regulatory and environmental hazards
- Competition from local and foreign refiners
- Transition risks from the global clean energy transition
- The refining industry cycles.
Conclusion
IN India’s booming energy industry, MRPL is an intriguing investment. Strategic location, contemporary facilities, and continuous development projects position the organization for success. However, investors should consider the refining industry’s volatility and the global energy transition’s long-term problems. Before investing, you must study and analyze your financial objectives.
