MRPL Share Price Target 2024, 2025, 2030, 2040, 2050

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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)?

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

MetricValue
Market Cap₹36,264.77 Crore
P/E Ratio13.66
EPS (TTM)₹15.15
Dividend Yield1.53%
ROCE14.8%
Debt to Equity0.94
Promoter Holding88.58%

MRPL Share Price Target 2024

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.

YearMinimum PriceMaximum Price
2024₹130₹280
MonthMinimum PriceMaximum 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 Share Price Target 2025

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.

YearMinimum PriceMaximum Price
2025₹300₹350
MonthMinimum PriceMaximum 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 Share Price Target 2030

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.

YearMinimum PriceMaximum Price
2030₹500₹600
MonthMinimum PriceMaximum 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

Share Price Target 2040

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.

YearMinimum PriceMaximum Price
2040₹800₹1000
MonthMinimum PriceMaximum 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 Target 2050

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.

YearMinimum PriceMaximum Price
2050₹1200₹1500
MonthMinimum PriceMaximum 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.

YearMinimum PriceMaximum 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
MetricValue
Total Income (Q1 FY24)₹23,291.75 Crore
Net Loss (Q1 FY24)₹73.22 Crore
Sales Growth (YoY)-16.92%
EBITDA Margin8.52%
Return on Equity (ROE)27.08%
Debt to Equity Ratio0.94
Market Capitalization₹36,261 Crore
Earnings Per Share (EPS)₹15.11
Dividend Yield1.48%
Operating Expenses1.23% (Interest)
Employee Costs0.85%

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.

FAQs

MRPL mainly refines crude oil and makes petroleum products.

The stock has fluctuated with crude oil prices and refining profits, but has consistently risen in the last year.

Crude oil price volatility, regulatory changes, environmental concerns, and the long-term clean energy transition are major threats.

With a 1.53% dividend yield, MRPL has paid dividends.

P/E ratios are lower than industry norms for MRPL, suggesting an appealing value.

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