Mangalore Refinery Key Ratios
NSE: MRPL | BSE: 500109
₹181.32
As on 10-Sep-2026IST
Market cap
₹32,038 Cr
Revenue (TTM)
₹1,25,775 Cr
P/E Ratio
10.2
P/B Ratio
2.1
Div. Yield
2.2 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 46.03 | 98.25 | 22.14 | 3.44 | 16.11 |
| EBIT | -33.98 | 598.41 | 1,083.57 | 29.70 | 70.34 |
| Net Profit | 394.43 | 313.71 | 1,064.19 | 42.81 | 108.39 |
| EPS | 708.37 | 449.41 | 1,191.84 | 48.77 | 113.38 |
| Book Value | -- | -- | 9.46 | 12.90 | 27.29 |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Mar-26 | Mar-25 |
| EBIT-Margin
| 4.49 | 4.77 | 4.62 | 5.32 | 1.01 |
| Net Margin
| 2.06 | 2.57 | 2.46 | 2.17 | 0.06 |
| Return on equity
| 15.26 | 25.68 | 20.16 | 14.17 | 0.43 |
| Return on Capital
| 15.99 | 16.42 | -- | 18.13 | 4.40 |
| Return on Assets
| 4.77 | 5.87 | 7.86 | 4.49 | 0.15 |
| Debt to Equity (x)
| -- | -- | 0.60 | 1.01 | 0.99 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
--
|
18.13
|
4.40
|
25.40
|
20.25
|
|
Peer Median
|
--
|
18.13
|
25.40
|
20.25
|
--
|
ROE
20.16
Higher than Peers by 10.49
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
20.16
|
14.17
|
0.43
|
31.08
|
31.11
|
|
Peer Median
|
9.67
|
14.17
|
21.59
|
22.99
|
--
|
ROA
7.86
Higher than Peers by 2.30
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
7.86
|
4.49
|
0.15
|
9.68
|
7.03
|
|
Peer Median
|
5.57
|
4.63
|
9.68
|
7.03
|
--
|
EBIT Margin
4.62
Lower than Peers by 2.04
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
4.62
|
5.32
|
1.01
|
7.13
|
4.88
|
|
Peer Median
|
6.67
|
6.27
|
2.99
|
8.40
|
--
|
Net Margin
2.46
Lower than Peers by 2.26
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
2.46
|
2.17
|
0.06
|
3.97
|
2.43
|
|
Peer Median
|
4.73
|
4.87
|
6.61
|
4.82
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
--
|
3.26
|
1.28
|
4.61
|
3.08
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
22.14
Higher than Peers by 23.67
Year on year growth in net sales
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
22.14
|
-6.35
|
4.73
|
-17.08
|
56.29
|
|
Peer Median
|
-1.53
|
21.31
|
-4.38
|
-11.97
|
--
|
EBIT Growth
1,083.57
Higher than Peers by 1,077.43
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
1,083.57
|
395.36
|
-85.22
|
21.12
|
38.34
|
|
Peer Median
|
6.13
|
80.81
|
-69.35
|
9.37
|
--
|
Net Profit Growth
1,064.19
Higher than Peers by 1,053.81
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
1,064.19
|
3,324.22
|
-98.44
|
35.46
|
-10.24
|
|
Peer Median
|
10.38
|
196.01
|
-70.37
|
10.64
|
--
|
EPS Growth
1,191.84
Higher than Peers by 1,190.70
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
1,191.84
|
3,324.17
|
-98.44
|
35.46
|
-10.24
|
|
Peer Median
|
1.14
|
196.01
|
-70.37
|
9.09
|
--
|
Book Value Growth
--
--
Year on year growth in book value per share
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
--
|
9.46
|
-2.36
|
34.65
|
36.83
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.60
Higher than Peers by 0.50
Total debt / Net worth
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
0.60
|
1.01
|
0.99
|
0.94
|
1.69
|
|
Peer Median
|
0.10
|
0.39
|
0.41
|
0.46
|
--
|
Short term debt to equity ratio
--
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
--
|
0.41
|
0.36
|
0.27
|
0.43
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.14
Higher than Peers by 0.04
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
1.14
|
1.14
|
0.98
|
1.03
|
0.99
|
|
Peer Median
|
1.10
|
1.14
|
1.21
|
1.03
|
--
|
Quick Ratio
0.39
Lower than Peers by 0.31
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
0.39
|
0.39
|
0.35
|
0.40
|
0.47
|
|
Peer Median
|
0.70
|
0.79
|
0.78
|
0.80
|
--
|
Interest Coverage
7.29
Higher than Peers by 1.66
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
7.29
|
5.40
|
1.12
|
5.93
|
4.28
|
|
Peer Median
|
5.63
|
5.55
|
5.93
|
5.81
|
--
|
Operating Efficiency
Debtors to sales
4.82
Higher than Peers by 1.38
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
4.82
|
6.83
|
3.71
|
4.27
|
4.10
|
|
Peer Median
|
3.43
|
4.82
|
4.24
|
3.67
|
--
|
Asset Turnover
3.19
Higher than Peers by 1.01
Sales / Average Total Assets
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
3.19
|
2.46
|
2.90
|
2.83
|
3.30
|
|
Peer Median
|
2.18
|
1.36
|
1.87
|
2.18
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
--
|
16.53
|
12.27
|
14.45
|
12.87
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
--
|
38.25
|
26.67
|
26.16
|
25.26
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
--
|
39.45
|
26.62
|
30.61
|
28.76
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
--
|
15.34
|
12.32
|
9.99
|
9.37
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
10.20
Lower than Peers by 0.08
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
10.20
|
16.38
|
420.17
|
10.66
|
3.47
|
|
Peer Median
|
10.28
|
10.28
|
54.53
|
14.37
|
--
|
Price / Book Value
2.12
Higher than Peers by 0.25
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
2.12
|
2.22
|
1.82
|
2.89
|
0.93
|
|
Peer Median
|
1.87
|
1.87
|
1.86
|
3.01
|
--
|
Dividend Yield
2.19
Higher than Peers by 0.02
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
2.19
|
2.22
|
--
|
1.37
|
--
|
|
Peer Median
|
2.17
|
2.17
|
--
|
1.25
|
--
|
EV/EBITDA
6.02
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
6.02
|
7.03
|
14.86
|
6.43
|
3.86
|
|
Peer Median
|
--
|
9.75
|
8.63
|
11.30
|
--
|
Market Cap
32,038
Lower than Peers by 254
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Mar-26
|
Mar-25
|
Mar-24
|
Mar-23
|
|---|---|---|---|---|---|
|
Mangalore Refinery
|
32,038
|
31,530
|
23,614
|
38,332
|
9,213
|
|
Peer Median
|
32,292
|
32,292
|
23,634
|
42,211
|
--
|