MRPL - Fundamental Analysis: Financial Health & Valuation
Back to ListFundamental Rating: 3.2
| Stock Code | MRPL | Market Cap | 29,365 Cr. | Current Price | 168 ₹ | High / Low | 215 ₹ |
| Stock P/E | 15.2 | Book Value | 80.8 ₹ | Dividend Yield | 2.39 % | ROCE | 17.7 % |
| ROE | 14.2 % | Face Value | 10.0 ₹ | DMA 50 | 180 ₹ | DMA 200 | 165 ₹ |
| Chg in FII Hold | 1.36 % | Chg in DII Hold | -0.71 % | PAT Qtr | 119 Cr. | PAT Prev Qtr | 1,445 Cr. |
| RSI | 39.0 | MACD | -2.75 | Volume | 75,68,474 | Avg Vol 1Wk | 1,21,48,350 |
| Low price | 119 ₹ | High price | 215 ₹ | PEG Ratio | -1.52 | Debt to equity | 1.08 |
| 52w Index | 50.4 % | Qtr Profit Var | -67.1 % | EPS | 11.0 ₹ | Industry PE | 15.7 |
📊 Mangalore Refinery and Petrochemicals (MRPL) shows mixed fundamentals with a market cap of ₹29,365 Cr. and current price of ₹168, trading below its 50 DMA (₹180) but slightly above its 200 DMA (₹165). Efficiency metrics are moderate — ROE at 14.2% and ROCE at 17.7% — while valuation is fair with a P/E of 15.2 compared to the industry average of 15.7. EPS at ₹11.0 is stable, supported by dividend yield of 2.39%. However, quarterly PAT dropped sharply (₹1,445 Cr → ₹119 Cr), reflecting earnings volatility. Debt-to-equity at 1.08 highlights high leverage. Technical indicators (RSI 39.0, MACD negative) suggest weak momentum, though FIIs increased holdings (+1.36%).
💡 Entry Zone: ₹160–₹165 (near long-term support)
📈 Long-Term Holding: Suitable only for cautious investors. Accumulation on dips is possible, but high debt and earnings volatility limit long-term attractiveness.
✅ Positive
- Fair valuation (P/E 15.2 vs industry 15.7)
- ROE (14.2%) and ROCE (17.7%) show moderate efficiency
- Dividend yield of 2.39% adds investor returns
- FIIs increased holdings (+1.36%), showing foreign confidence
⚠️ Limitation
- Quarterly PAT decline (-67.1%) shows earnings volatility
- High debt-to-equity ratio (1.08) raises leverage concerns
- Negative MACD (-2.75) and RSI (39.0) indicate weak momentum
- DIIs reduced holdings (-0.71%), showing weaker domestic support
📉 Company Negative News
- Sharp profit decline in recent quarter
- Weak technical indicators suggest bearish sentiment
📈 Company Positive News
- Dividend yield supports investor confidence
- FIIs increased exposure (+1.36%)
- Stock trading above 200 DMA provides long-term support
🏭 Industry
- Oil refining sector trades at P/E 15.7, making MRPL fairly valued
- Sector outlook remains cyclical, tied to crude oil price volatility
🔎 Conclusion
MRPL is moderately valued with fair efficiency metrics but faces challenges from high debt and sharp earnings volatility. Entry near ₹160–₹165 offers a risk-managed setup. Long-term investors should remain cautious, focusing on debt reduction and earnings stability before committing to larger positions.