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MRPL Share Price Target 2025, 2026, 2027, 2030

2026-05-04 · 3 min read

Sector - Finance

In the energy and refining sector, Mangalore Refinery and Petrochemicals Ltd (MRPL) stands out as a key player.

MRPL Share Price Target

Mangalore Refinery and Petrochemicals Ltd is a public sector refining company located in Mangalore, Karnataka. MRPL primarily refines crude oil to produce a range of petroleum products such as petrol, diesel, jet fuel, and petrochemicals. The company also manufactures polymer products, which are essential in industries like packaging, construction, and automotive.

Financial table for MRPL Ltd

Market Cap₹30.390 Cr.(As of April 2026)

Price to Earnings15.8

Return on equity14.2%

Debt to equity1.08

Current ratio1.14

Dividend Yield2.30%

Return on assets4.88%

ROCE17.7%

Face Value₹10.0

52 Week High₹215

52 Week Low₹119

MRPL Shareholding Pattern

	Mar 2020	Mar 2021	Mar 2022	Mar 2023	Mar 2024	Mar 2025	Mar 2026
Promoters	88.58%	88.58%	88.58%	88.58%	88.58%	88.58%	88.58%
FIIs	0.69%	0.74%	0.77%	1.07%	2.68%	1.31%	3.41%
DIIs	4.29%	2.73%	2.06%	0.28%	1.50%	1.32%	0.34%
Government	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%
Public	6.44%	7.95%	8.59%	10.06%	7.23%	8.80%	7.67%
No. of Shareholders	3,10,887	3,33,582	3,57,011	4,02,051	4,40,569	5,35,236	4,66,296

MRPL Price Target 2026, 2027, 2028 to 2030

YEAR 2026

Target Range (₹) : 100-130

for the move Geopolitical risks impact crude sourcing and profitability. Projected Targets:

YEAR 2027

Target Range (₹) : 135-150

for the move Petrochemical growth and GRM stabilization support earnings. Projected Targets:

YEAR 2028

Target Range (₹) : 155-180

for the move Integration into petrochemical segment supports growth. Projected Targets:

YEAR 2029

Target Range (₹) : 200-240

for the move Balance sheet strengthening supports re-rating. Projected Targets:

YEAR 2030

Target Range (₹) : 190-230

for the move Mature refining and petrochemical model stabilizes revenue streams.

Historic Performance:

MRPL Share Price Target 2020, 2021, 2022, 2023, 2024 & 2025

YEAR 2020

Yearly returns : -21.22%

Start of the year price45.00

End of the year price35.45

Reason : Global slowdown significantly impacted refinery utilization and earnings.

YEAR 2021

Yearly returns : 20.90%

Start of the year price35.65

End of the year price43.10

Reason : Recovery driven by normalization of fuel demand and refining margins.

YEAR 2022

Yearly returns : 29.26%

Start of the year price43.40

End of the year price56.10

Reason : Strong performance driven by elevated refining margins and demand recovery.

YEAR 2023

Yearly returns : 136.08%

Start of the year price56.40

End of the year price133.15

Reason : Massive rally driven by supernormal refining margins and strong profitability.

YEAR 2024

Yearly returns : 11.25%

Start of the year price133.40

End of the year price148.41

Reason : Stable operations supported steady earnings.

YEAR 2025

Yearly returns : 2.44%

Start of the year price148.41

End of the year price152.03

Reason : Flat performance due to stable but lower refining margins.

Conclusion

Given MRPL’s strong position in the Indian refining market, its ongoing technological advancements, and its diversified product portfolio, the company is poised for steady growth in the long term. However, investors should remain cautious of the inherent risks associated with oil price volatility and regulatory changes.

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