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Fundamentals for Mangalore Refinery and Petrochemicals Limited
Business Operations:
Sector: EnergyIndustry: Oil & Gas Refining & Marketing
Mangalore Refinery and Petrochemicals Limited engages in the manufacture and sale of refined petroleum products in India and internationally. The company produces and sells bitumen, furnace oil, high speed diesel, xylol, naphtha, pet coke, sulphur, and motor gasoline, as well as polypropylene and other products. It also sells petrochemical products, such as aromatic products comprising paraxylene, benzene, heavy aromatics, paraffinic raffinate, reformate, and toluene. The company also operates retail outlets. The company was incorporated in 1988 and is based in Mangalore, India. Mangalore Refinery and Petrochemicals Limited is a subsidiary of Oil and Natural Gas Corporation Limited.
Revenue projections:
Revenues for Mangalore Refinery and Petrochemicals Limited are expected to drop compared to the previous year, which could be a cause for concern for investors. A decline in earnings may negatively impact the company's profitability, leading cautious investors to reconsider their positions, as it often signals challenges in overall financial health.
Financial Ratios:
| currentRatio | 1.143000 |
|---|---|
| forwardPE | 3.247468 |
| debtToEquity | 108.059000 |
| earningsGrowth | -0.682000 |
| revenueGrowth | -0.034000 |
| grossMargins | 0.119650 |
| operatingMargins | 0.083540 |
| trailingEps | 10.980000 |
| forwardEps | 47.400000 |
With a current ratio 1.143, MRPL demonstrates the ability to service its short-term debt without difficulty. The company's strong cash reserves and current assets ensure that it can meet its liabilities, reflecting financial stability and healthy liquidity.
MRPL's high debt-to-equity ratio points to a heavily leveraged company. With more debt than equity, MRPL may face increased financial risk, especially if its earnings or cash flow come under pressure.
MRPL's low earnings and revenue growth indicate potential profit shrinkage. This suggests that the company's financial performance may be weakening, raising concerns about its future profitability and overall business outlook.
MRPL's negative gross and operating margins point to financial difficulties, as the company is unable to generate profit from its core operations or production. This could signal broader problems in cost management or declining sales.
MRPL's forward EPS is greater than its trailing EPS, indicating that the company is expected to deliver higher profitability this year. This suggests that MRPL is projected to improve its earnings, reflecting positive growth compared to last year's financial performance.
Price projections:
MRPL's price has continuously remained near the lower end of analysts' projections, indicating that it may be facing challenges in meeting market expectations. This trend raises concerns about the company's future growth trajectory.
Recommendation changes over time:
Analysts have not provided a clear buy or sell recommendation for MRPL, painting a mixed picture of the stock's future. Investors may need to rely on a broader range of market insights to determine the best course of action for their portfolios.
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