In Week of Mar 28, 2026, Mangalore Refinery And Petrochemicals Ltd (Refineries) is outperforming Nifty 500 with +33.7% relative strength. Fundamentals: Average. On a 7-week streak.
Weekly presence in the outperformers list. Green = beating Nifty 500 by 10%+ that week.
Based on Q3 FY26 earnings • Updated Feb 22, 2026
What: ₹364 crore plant enabling global blended ATF supply with CORSIA compliance
Impact: +₹600 Cr revenue
“Management stated: 'The company is establishing a Bio-ATF plant at a cost of ₹364 crore, which will help comply with CORSIA norms and enable the supply of blended ATF globally starting from 2027.'”
What: 50 new retail outlets by FY26 end diversifying revenue streams
Impact: +₹350 Cr revenue
“Management stated: 'MRPL is also expanding its retail outlets, having reached 200 outlets and aiming for 250 by the end of the fiscal year.'”
What: Operating leverage and efficiency gains driving margin improvement
“Management stated: 'Healthy market prices, optimum energy consumption and throughput led to published bottomline numbers.'”
Earnings deceleration risks from management commentary
Trigger: Major supply disruption
Impact: -300 bps margin impact
Management view: Management stated: 'Russian crude was always a marginal factor and its absence is offset by strong finished product cracks.'
Monitor: Refining margins (GRM) volatility
Trigger: Sustained GRM below $5/bbl
Impact: -400 bps margin impact
Management view: Management stated: 'On the crude side, there is no impact whereas on the finished product side you have seen the cracks going significantly up.'
Monitor: Global refining margins trend
Key quotes from recent conference calls
“The company is establishing a Bio-ATF plant at a cost of ₹364 crore, which will help comply with CORSIA norms and enable the supply of blended ATF globally starting from 2027. — Management”
“Healthy market prices, optimum energy consumption and throughput led to published bottomline numbers. — Management”
“MRPL is also expanding its retail outlets, having reached 200 outlets and aiming for 250 by the end of the fiscal year. — Management”
“Current debt stands at ₹9,290 crore with a debt-equity ratio of 0.63. — Management”
Forward-looking targets from management for Next 2-4 quarters
Implied PAT Growth
15%
OPM Guidance
10%
Capex Plan
₹1500 Cr
Key Milestones
• 250 retail outlets by FY26 end
• Bio-ATF plant commissioning in 2027
Revenue, profit and margin growth rates
| Metric | YoY | 3Y CAGR | Trend |
|---|---|---|---|
| Revenue | +13% | +11% | Inflection Up |
| PAT (Net Profit) | +370% | -50% | Inflection Up |
| OPM | 11.0% | +600 bps | Volatile |
The above analysis is parsed from publicly available earnings call transcripts. This is educational research only — not investment advice. Last updated Feb 22, 2026.
Based on publicly available financial data. This is educational research, not investment advice.
Mangalore Refinery And Petrochemicals Ltd's latest quarterly results (Dec 2025) show
Mangalore Refinery And Petrochemicals Ltd's profit is growing with an turning around (inflection up) trend.
Mangalore Refinery And Petrochemicals Ltd's revenue growth trend is turning around (inflection up).
Mangalore Refinery And Petrochemicals Ltd's operating margin is volatile.
Mangalore Refinery And Petrochemicals Ltd's long-term compounding rates
Mangalore Refinery And Petrochemicals Ltd's earnings growth is turning around (inflection up) with mixed signals on a sequential basis.
Mangalore Refinery And Petrochemicals Ltd's trailing twelve month (TTM) performance
Mangalore Refinery And Petrochemicals Ltd appears significantly overvalued based on our fair value analysis.
Mangalore Refinery And Petrochemicals Ltd's current PE ratio is 14.2x.
Mangalore Refinery And Petrochemicals Ltd's current PE is 14.2x.
Mangalore Refinery And Petrochemicals Ltd's price-to-book ratio is 2.3x.
Mangalore Refinery And Petrochemicals Ltd is rated Average with a fundamental score of 48.77/100. This score is calculated from objective financial metrics
Mangalore Refinery And Petrochemicals Ltd has a debt-to-equity ratio of N/A.
Mangalore Refinery And Petrochemicals Ltd's return ratios over recent years
Mangalore Refinery And Petrochemicals Ltd's operating cash flow is positive (FY2025).
Mangalore Refinery And Petrochemicals Ltd's current dividend yield is 2.26%.
Mangalore Refinery And Petrochemicals Ltd's shareholding pattern (Dec 2025)
Mangalore Refinery And Petrochemicals Ltd's promoter holding has remained stable recently.
Mangalore Refinery And Petrochemicals Ltd has been outperforming Nifty 500 for 7 consecutive weeks, indicating building momentum.
Mangalore Refinery And Petrochemicals Ltd is a re-entry — it briefly dropped off the outperformance list but has now returned. Re-entries can signal renewed strength.
Mangalore Refinery And Petrochemicals Ltd has 3 key growth catalysts identified from recent earnings analysis
Mangalore Refinery And Petrochemicals Ltd has 2 key risks worth monitoring
In Q3 FY26, Mangalore Refinery And Petrochemicals Ltd's management highlighted
Mangalore Refinery And Petrochemicals Ltd's management has provided the following forward guidance for Next 2-4 quarters
Based on quantitative research signals, here is why Mangalore Refinery And Petrochemicals Ltd may be worth studying
Mangalore Refinery And Petrochemicals Ltd investment thesis summary:
Mangalore Refinery And Petrochemicals Ltd's forward outlook based on current data signals
The above FAQs are generated from publicly available earnings data and conference call transcripts. This is educational research only. Sector Alpha is not SEBI registered and does not provide investment advice.
