By (Pradeep Saran)
October 20, 2024
Introduction
Mangalore Refinery and Petrochemicals Limited (MRPL) is one of India’s most important players in the oil refining sector, operating under the ownership of Oil and Natural Gas Corporation (ONGC). With India’s energy needs growing rapidly, MRPL plays a pivotal role in ensuring energy security and fueling the nation’s economic growth. Investors looking at long-term stock potential often wonder about MRPL’s future. In this article, we will explore MRPL share price targets for 2025, 2030, 2035, 2040, and 2050, providing insights based on market trends, financial analysis, and the company’s strategic plans.
Explore MRPL Share Price Targets for 2025, 2030, 2035, 2040, and 2050. Get unique price predictions, company performance analysis, risk factors, and competitor comparisons.
MRPL Share Price Targets from 2025 to 2050
Below is a table of projected MRPL share price targets for the years 2025, 2030, 2035, 2040, and 2050.
Year | Minimum Price (₹) | Maximum Price (₹) |
---|
2025 | ₹302 | ₹355 |
2030 | ₹510 | ₹605 |
2035 | ₹720 | ₹820 |
2040 | ₹805 | ₹1005 |
2050 | ₹1210 | ₹1510 |
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2025 Price Prediction
Summary:
By 2025, MRPL is expected to complete significant upgrades to its refining capacity. The company’s focus on product diversification and increasing operational efficiency will likely drive profitability. Government initiatives to expand energy infrastructure should also benefit MRPL.
Price Prediction:
In 2025, we project MRPL shares will range between ₹302 and ₹355. The focus on petrochemical production and high-value refined products will contribute to this growth.
Month | Minimum Price (₹) | Maximum Price (₹) |
---|
January 2025 | ₹302 | ₹312 |
April 2025 | ₹315 | ₹325 |
July 2025 | ₹328 | ₹338 |
October 2025 | ₹340 | ₹355 |
2030 Price Prediction
Summary:
By 2030, MRPL is poised to strengthen its leadership in India’s refining and petrochemical industry. With long-term capacity expansion, the company is expected to maintain a strong market position. MRPL’s integration of renewable energy initiatives and sustainability efforts could also bolster its market appeal.
Price Prediction:
For 2030, the share price is estimated to range from ₹510 to ₹605. Growth will be fueled by increasing demand for refined products and petrochemicals.
Month | Minimum Price (₹) | Maximum Price (₹) |
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January 2030 | ₹510 | ₹525 |
April 2030 | ₹530 | ₹550 |
July 2030 | ₹560 | ₹580 |
October 2030 | ₹590 | ₹605 |
2035 Price Prediction
Summary:
MRPL’s focus on expanding its product mix and further diversifying its petrochemical segment will likely pay off by 2035. Continued investments in clean energy initiatives will align with global energy trends and may positively impact stock performance.
Price Prediction:
In 2035, the stock could see a price range between ₹720 and ₹820, reflecting MRPL’s long-term commitment to innovation and efficiency.
2040 Price Prediction
Summary:
MRPL is expected to play a vital role in India’s transition towards clean energy. By 2040, the company may emerge as a key player in sustainable energy production while still maintaining its dominance in the refining and petrochemical sectors.
Price Prediction:
We estimate the stock price for 2040 to range from ₹805 to ₹1005.
2050 Price Prediction
Summary:
By 2050, MRPL must adapt to a rapidly evolving energy landscape. If the company successfully transitions to green energy and maintains its refining capacity, it could see substantial growth.
Price Prediction:
The 2050 share price target is projected to be between ₹1210 and ₹1510.
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Profit and Loss Table
Below is a breakdown of MRPL’s profit and loss figures over the past year.
Profit & Loss AccountProfit & Loss account of Mangalore Refinery and Petrochemicals (in Rs. Cr.)
Particulars | Mar 24 | Mar 23 | Mar 22 | Mar 21 | Mar 20 |
---|
Revenue From Operations [Gross] | 105,189.68 | 124,685.59 | 86,036.27 | 50,973.84 | 60,728.25 |
Less: Excise/Service Tax/Other Levies | 14,816.60 | 15,879.93 | 16,336.61 | 18,836.78 | 9,749.61 |
Revenue From Operations [Net] | 90,373.08 | 108,805.66 | 69,699.66 | 32,137.06 | 50,978.64 |
Total Operating Revenues | 90,406.68 | 108,856.10 | 69,727.08 | 32,182.41 | 51,001.93 |
Other Income | 205.08 | 211.72 | 102.77 | 118.46 | 105.04 |
Total Revenue | 90,611.77 | 109,067.82 | 69,829.84 | 32,300.87 | 51,106.97 |
EXPENSES | |
Cost Of Materials Consumed | 80,790.58 | 97,383.57 | 63,598.83 | 29,407.26 | 46,624.27 |
Purchase Of Stock-In Trade | 4.78 | 5.27 | 0.51 | 1,193.17 | 3,352.08 |
Changes In Inventories Of FG, WIP And Stock-In Trade | -1,075.49 | 1,280.28 | -1,373.30 | -1,202.82 | 1,347.42 |
Employee Benefit Expenses | 772.06 | 697.77 | 697.62 | 510.94 | 440.12 |
Finance Costs | 1,113.85 | 1,285.26 | 1,207.31 | 352.05 | 742.59 |
Depreciation And Amortisation Expenses | 1,257.29 | 1,186.70 | 1,087.72 | 853.00 | 783.21 |
Other Expenses | 2,219.00 | 2,992.59 | 1,872.81 | 1,532.37 | 1,772.72 |
Total Expenses | 85,082.06 | 104,831.44 | 67,091.51 | 32,645.97 | 55,062.40 |
Profit/Loss Before Exceptional, Extraordinary Items And Tax | 5,529.70 | 4,236.38 | 2,738.33 | -345.10 | -3,955.43 |
MRPL Share Price Chart
Fundamental
MRPL Products and Services
MRPL primarily refines crude oil into various petroleum products such as:
- Diesel
- Petrol
- LPG
- Jet fuel
- Petrochemicals
The company’s product range is vital to meet India’s growing energy needs.
Future Plans of MRPL
MRPL has aggressive plans for future growth, including:
- Expansion of refining capacity to over 25 million metric tonnes per annum.
- Integration of renewable energy sources into its operations.
- Strengthening its presence in the petrochemical segment.
- Increased focus on sustainable energy projects, aligning with global energy transition trends.
Risk Factors
While MRPL is positioned for growth, there are certain risks that investors should consider:
- Volatility in Crude Oil Prices: Refining margins could be impacted by fluctuating crude oil prices.
- Regulatory Risks: Stricter environmental regulations could require costly upgrades.
- Competition: The Indian refining industry is highly competitive, with key players like Reliance and BPCL.
- Energy Transition: The global shift towards renewable energy may disrupt traditional refining operations.
Competitors
MRPL faces competition from several key players in the Indian energy sector, including:
- Reliance Industries – India’s largest refiner with significant petrochemical capacity.
- BPCL – Another major public sector refining company with strong market presence.
- Indian Oil Corporation (IOC) – India’s largest state-owned refiner.
- HPCL – A key player in refining and marketing.
- Nayara Energy – A rapidly growing private sector refiner.
Pros and Cons of Investing in MRPL
Pros:
- Strong backing from ONGC.
- Growing demand for refined products in India.
- Expansion projects to increase refining capacity.
- Integration of renewable energy initiatives.
Cons:
- Vulnerability to crude oil price fluctuations.
- Competition from both domestic and international refiners.
- High dependence on regulatory approvals.
Frequently Asked Questions (FAQs)
What is the primary business of MRPL?
MRPL focuses on refining crude oil and producing petroleum products.
What are MRPL’s future plans?
MRPL aims to increase its refining capacity and integrate renewable energy into its operations.
How has MRPL performed financially?
MRPL has shown strong returns on equity but faced some losses due to declining sales.
What are the risks of investing in MRPL?
Key risks include crude oil price volatility and increased competition.
Does MRPL pay dividends?
Yes, MRPL offers dividends to its shareholders.
Who are MRPL’s competitors?
Competitors include Reliance Industries, BPCL, and IOC.
What are the long-term prospects for MRPL?
MRPL is well-positioned for growth, especially with its focus on petrochemicals and renewable energy.
Conclusion
MRPL’s long-term growth outlook appears promising, driven by expansion projects and a focus on sustainability. However, investors must be mindful of the risks associated with fluctuating crude oil prices and intense competition in the refining industry. By balancing these factors, MRPL could offer a solid opportunity for long-term investors looking to benefit from India’s growing energy demand.
Disclaimer: This forecast is based on available information and analysis. Actual stock prices can be influenced by various factors, including geopolitical events, unforeseen circumstances, and changes in market sentiment. It is essential to conduct thorough research and consider multiple factors before making any investment decisions.
Alert: This is just an estimate that the share target of MRPL Ltd can be this much. If you want to invest then talk to an advisor and then invest. www.Homedecore24.com will not take any responsibility if your money is lost. Please invest money at your own risk.