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MRPL Fact Sheet, MRPL Financial Results - Equitymaster

Jan 27, 2022 | Updated on Jan 27, 2022

Check out MRPL fact sheet and MRPL financial results online at Equitymaster.

MRPL Quarterly Results - Equitymaster

Jan 27, 2022 | Updated on Jan 27, 2022

Check out latest MRPL Quarterly Results online at Equitymaster.

MRPL Share price, NSE/BSE Forecast News and Quotes| Equitymaster

Jan 27, 2022 | Updated on Jan 27, 2022

MRPL: Get the latest MRPL Share price and stock price updates, live NSE/BSE share price, share market reports, financial report, balance sheet, price charts, financial forecast news and quotes only at Equitymaster.com.

6 Stocks With High Financial Leverage

Aug 23, 2021

Interestingly, two Adani group companies top the list while a Tata group company also makes the cut.

MRPL: Up and running

May 8, 2006

With the integrated refinery i.e. presence in refining and marketing of petroleum products still bleeding in light of the current pricing policy of the government, standalone refineries have managed to stay afloat. This was on the back of higher refining margins. But even here, forced discounts are an issue. In this background, we take a look at MRPL, the past performance and the future growth prospects.

MRPL: From strength to strength

Nov 22, 2004

Mangalore Refineries and Petrochemicals Corporation (MRPL), a standalone refining subsidiary of Oil and Natural Gas Corporation (ONGC), posted robust earnings for 2QFY05 with the topline growth of over 66% YoY while the operating almost doubled from 5% to 9.9% YoY.

MRPL: Road to recovery

Apr 19, 2004

Refinery stocks have had a dream run on the bourses in FY04 with Kochi Refineries, Chennai Petroleum and MRPL, all witnessing substantial increase in their share prices. This compelled us to look into one of these refineries, which witnessed a miraculous change in fortunes within a year of its referral to BIFR for industrial sickness to posting a net profit after takeover by ONGC.

Standalone refineries: 1QFY04 review

Sep 4, 2003

Standalone refineries have performed well both on the stock markets as well as financially in the June quarter. Higher crude prices and parental support has been the drivers of growth for these companies. Let us review the consolidated financial performance of BRPL, MRPL, CPCL, KRL in 1QFY04.

MRPL: Synergy to benefit

Aug 18, 2003

Mangalore Refineries and Petrochemicals Limited (MRPL) announced its 1QFY04 results. The company reported a 3% increase in topline whereas the losses declined in the first quarter and were at about 860 m.

Standalone refineries: Good FY03

Jun 9, 2003

Standalone refineries have risen on the bourses in the past month. To put things into perspective, among the major gainers last month were Mangalore Refinery (MRPL - up 90%), Bongaigaon Refinery (BRPL - up 57%), Chennai Petroleum (CPCL - up 20%) and Kochi Refinery (KRL - up 21%). This was on account of better than expected results posted by them. Lets take a look at the consolidated results of the standalone refineries.

MRPL: Promising Prospects

Jun 6, 2003

Mangalore Refineries and Petrochemicals Ltd. (MRPL) had recently announced its results for FY03. While the topline has grown by 50% in FY03, net losses have declined in FY03 by about 16%. Crude prices strengthened in FY03 and as the oil sector was deregulated, refineries were able to sell products at higher prices in line with the strengthening crude prices. This led to a 50% increase in the topline. Refining capacity of MRPL had increased from 3MTPA to 9MTPA in FY00. Increase in net sales is m

MRPL: ONGC to the rescue

Oct 4, 2002

The share price of Mangalore Refinery & Petrochemicals Ltd. (MRPL), the first joint sector refinery in the country, had been on a decline for two years ending Nov '01. During this period, the scrip fell from Rs 21 to Rs 5 levels. Recently, the company was in focus as Oil & Natural Gas Corporation (ONGC) acquired co-promoter stake from the A.V. Birla group.

HPCL: MRPL leech

Oct 12, 2001

Few refinery stocks have made an impressive comeback after the September 11 incidents. Exactly a month later, Bharat Petroleum (BPCL) and Hindustan Petroleum (HPCL) have not only recouped their losses but are trading higher by 7.6% and 6.1% respectively over this period. On the other hand, Indian Oil (IOC) and Reliance Petroleum (RPL) are down 1.8% and 11.2% respectively.

MRPL: OPM provides glimmer of hope

Oct 1, 2001

Mangalore Refinery & Petrochemicals Ltd. (MRPL) has shown a sharp spurt in turnover. This is mainly due to commissioning of the expanded capacity of 6 m metric tonnes per annum (MMTPA) on April 10, 2001. The company's aggregate capacity now stands at 9 MMTPA. The expansion is estimated to have cost Rs 37 bn.

MRPL: Ball in HP's court

Sep 27, 2001

The first private sector refinery in the country, Mangalore Refinery and Petrochemicals Ltd. (MRPL), has taken it on the chin, especially over the past two years with oil markets striking a stiff upper cut. Oil prices have held firm in 1QFY02, not easing the pressure on margins. During this period, YoY losses of the company increased largely due to a sharp jump in interest expense.

MRPL: Birla bows out

Sep 20, 2001

Mangalore Refinery & Petrochemicals Ltd. (MRPL), the joint venture between Hindustan Petroleum Corp. Ltd. (HPCL) and A.V.Birla group, has probably tried to slip by the wayside without being noticed. With financials written in bold red the management seems to be ducking for cover. Indian Rayon & Industries represents the A.V.Birla stake in the company.

MRPL: Continues to bleed

Feb 6, 2001

The turnover for the company has increased 20% for nine months ended December '00. This is due to the strong growth in sales in the previous two quarters. However, the decline in sales YoY for 3QFY01 could be due to the strong growth (30% QoQ) witnessed by the company in 3QFY00.

MRPL: Getting a ‘power’ break

Nov 28, 2000

The Aditya Birla Group has announced a 450 MW (mega watt) green power project to be set up in Mangalore in Karnataka. The project is estimated to cost Rs 23 bn. Until now the group has generated power only for captive purposes for its aluminium and fertilizers business. Hence, it has significant experience in power generation per se. In effect, the Mangalore power project is the group’s first official foray in commercial power generation. The power generated by the aforesaid plant is proposed to

MRPL: Will it see black?

Nov 16, 2000

With petroleum product prices skyrocketing the ailing A.V. Birla group company, Mangalore Refinery and Petrochemicals Ltd (MRPL), has been able to report a 32% growth in topline in 2QFY01. The company has also been able to improve its sale volumes.

Can MRPL pull it off…

Jul 29, 2000

The company has reported a significant growth in turnover. However, its operating profit is inclusive of other income and therefore does not show a true picture. MRPL has been able to reduce its net loss largely on the ground of reduced interest outgo.


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