Mangalore Refinery And Petrochemicals Ltd. Share Price

MRPL STOCK UPDATE: Q2 EARNINGS AND RECENT PRICE MOVEMENT

(Mangalore Refinery and Petrochemicals Limited) reported a significant improvement in its Q2 FY27 financial performance, with net profit rising sharply year-on-year. The company also declared an interim dividend of ₹3 per share. Despite strong earnings, the stock witnessed selling pressure following the results, highlighting the impact of market expectations and profit-booking on share prices. MRPL shares jumped over the last two days, closing around 189.44 on October 27, after a strong gain the previous day, supported by robust quarterly earnings and an interim dividend. Live today’s movement needs confirmation, but recent momentum has been positive, with some profit-taking after the results.

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Mangalore Refinery surges up to 12.3% in morning trade

Mangalore Refinery rose as much as 12.30% to Rs 182.21 on October 26, 2026, and trades inside a Rs 156 to Rs 192 sideways range. Mangalore Refinery and Petrochemicals Limited [

] rose as much as 12.30% to Rs 182.21 in morning trade on October 26, 2026. At 11:29 am it was near Rs 177.42, up 9.35%, and Rs 192 is the resistance. A brokerage report expects elevated diesel prices and seasonally higher October to December demand to support standalone refiners. MRPL’s Q2 profit rose to Rs 1,881 crore from Rs 639 crore. The daily chart shows a sideways range between Rs 156 and Rs 192 since July. Price repeatedly meets sellers near the top and buyers near the bottom. Today’s candle is a strong green bar inside this range, not a breakout. The trend is sideways, and the daily Relative Strength Index at 54.58 is balanced. What next: a close above Rs 192 may signal a range breakout. A close below Rs 156 may signal a breakdown. The earlier jump to Rs 182.85 on October 7 did not hold. Conclusion: The stock stays sideways between Rs 156 and Rs 192. A close beyond either level is needed for direction. Disclosure & Disclaimer: I and my family members do not hold any position in the stock discussed. This content is provided solely for informational and educational purposes and should not be construed as investment advice or a recommendation to buy or sell any security. Investments in the securities market are subject to market risks. Please read all related documents carefully before investing.

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MRPL Q3 Profit Surges, Refinery Blast Hits

MRPL has reported strong Q3 FY26 results with profits surging over 130% YoY, but the company also faced a serious incident in late September when an explosion at its Mangaluru refinery injured eight workers. 📊 MRPL Q3 FY26 Financial Highlights Revenue from operations (Q3 FY26): ₹29,720 crore (up from ₹25,601 crore in Q3 FY25). Profit before tax (PBT): ₹2,214 crore vs. ₹469 crore last year. Profit after tax (PAT): ₹1,445 crore vs. ₹304 crore last year. Operating profit: ₹2,393.9 crore (114% growth QoQ). Net income: ₹1,450.9 crore (131% growth QoQ). Debt-equity ratio improved from 0.79 (Sep 2025) to 0.63 (Dec 2025). Nine-month FY26 results: Revenue ₹76,661 crore (slightly lower than ₹81,676 crore last year), but PAT turned positive at ₹1,812 crore compared to a loss of ₹313 crore in FY25. Borrowings reduced from ₹12,867 crore to ₹9,290 crore. 🏆 Awards & Achievements Export Excellence Awards by FIEO under “Five Star Export House” and “Highest Foreign Exchange Earner.” Digital Transformation Recognition for PR-to-PO process at India Supply Chain Summit 2025. Innovation Award for R&D in refining technology (fourth consecutive year). Environment Improvement Award at Exceed Environment, CSR & HR Awards. ⚠️ Safety Incident – September 30, 2026 Explosion at MRPL’s Coker Hydro Treating Unit (CHTU) in Mangaluru. Eight injured, including two employees with burns (one with 35% burns, admitted to ICU). Fire was brought under control by MRPL’s emergency response team. Investigation ongoing; MRPL assured no major injuries and emphasized safety protocols. 📈 Stock Market Impact BSE price: ₹181.10 (down 11.55%). NSE price: ₹176.03 (down 8.49%). 52-week range: ₹136.10 – ₹214.95. Trend: Currently in a bearish phase despite strong earnings, likely influenced by safety concerns and broader oil market volatility.

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MRPL today reported strong Q2 FY27 results

MRPL today reported strong Q2 FY27 results with net profit nearly tripling to ₹1,881 crore, while also facing tragic news as a second worker succumbed to injuries from the September 30 refinery blast. The company declared an interim dividend and secured its first Fitch international credit rating, but safety concerns remain in focus. 📊 Financial Highlights (Q2 FY27) Net Profit: ₹1,881 crore (up from ₹639 crore YoY, nearly 3x growth). Revenue: ₹35,590 crore, a 37% increase from ₹25,953 crore last year. EBITDA: ₹3,210 crore, more than double YoY. Profit Before Tax: ₹2,519 crore vs ₹975 crore last year. Dividend: Interim dividend of ₹3 per share (30% of face value) declared. Credit Rating: First-ever international rating of BBB- (Stable) from Fitch, matching India’s sovereign rating. ⚠️ Safety Incident Update Blast Date: September 30, 2026, at the Coker Hydrotreater Unit in Mangaluru. Casualties: Worker Manish Karkada died on the spot. Worker Rajesh D’Silva succumbed to severe burn injuries on October 17, raising the death toll to two. Compensation: MRPL announced ₹1.20 crore support (₹90 lakh ex-gratia + ₹30 lakh insurance) for D’Silva’s family.

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MANGALORE REFINERY & PETROCHEMICALS RESEARCH REPORT

MRPL (NSE: MRPL, BSE: 500109) runs a single 15 MMTPA high-complexity refi nery at Mangaluru that processed ~17 MMT inFY26 (~113% of nameplate). It is a Schedule-A Mini Ratna CPSE: ONGC holds 71.63% and HPCL 16.96% (promoter group88.58%), leaving a public fl oat of only ~11.4%. About 40% of products are exported; the rest goes to HPCL/OMCs and a youngretail network (~250 outlets). It is not an F&O stock, so it sits inside this SOP’s lane. Event 1 - Q2 FY27 (14-Oct). Standalone revenue Rs 35,590 Cr, EBITDA Rs 3,210 Cr (vs Rs 1,565 Cr), PAT Rs 1,881 Cr (vs Rs 639Cr); consolidated PAT Rs 1,901 Cr. H1 PAT is Rs 2,796 Cr against Rs 367 Cr a year ago. Borrowings fell to Rs 9,245 Cr (Mar-26: Rs14,334 Cr); debt/equity 0.55. Interim dividend Rs 3. Fitch assigned a fi rst-time BBB- (Stable) , equal to ONGC and thesovereign.

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