Today in our blog we will explain the basic idea about MRPL Share Price Target 2024, 2025, 2027, 2030. We did the research and took advice from experts to make this blog about the company’s growth, company’s performance, etc.
MRPL Share Price Target is a trading share in the share market. In this article, we will discuss about company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price every year. We use expert data and analysis to give a clear knowledge about MRPL Share Price Target. This article may be helpful to those who want to invest in this share right now. Let’s have a look at MRPL Share Price Target 2024 to 2030.
What is MRPL Company?
The full form of MRPL is Mangalore Refinery and Petrochemical Limited which is a division of Oil and Natural Gas. The company is situated in beautiful hilly terrain, Mangaluru city, Karnataka. The company mainly produces petroleum products like Naptha, LPG, Motor Spirit, High-speed Diesel, Kerosene, Sulphur, Xylene, Polypropylene, and aviation Turbine Fuel.
Overview Of MRPL Company
Mangalore Refinery and Petrochemical Limited Company is a Category 1 Miniratna Central Public Sector Enterprise (CPSE) under the Ministry of Petroleum and Natural Gas. MRPL Company was established in the year 1988, 7th March. At first, MRPL was a joint private sector after that the company became a public sector under ONGC. MRPL Company has an ambition to become one of the topmost refining and petrochemical companies.
| Company Name | Mangalore Refinery and Petrochemicals Ltd |
| Market Cap | ₹43,725.90 Crore |
| Book Value | ₹76.23 |
| Face Value | ₹10 |
| 52 Week High | ₹290.12 |
| 52 Week Low | ₹80.25 |
| NSE Sine | MRPL |
Mangalore Refinery and Petrochemical Limited Company has a refining capacity of 15 million metric tonnes per annum. MRPL Company also focuses on using renewable energy sources and uses natural gas to produce energy. In recent times the company could refinery process 15.10 million tonnes of crude per annum. The product of the company is exported to India and outside of the country. For more expansion of the business, the sales growth of the company also increases. Besides the company’s growth, MRPL Share Price Target also increases. In the below portion, we will discuss MRPL Share Price Target 2024 to 2030.
Annual Performance Of MRPL Company
Before investing any share anyone wants to see the company’s performance, overall profit, and net sales amount. We need a basic idea about the company’s PE ratio, return on assets, current ratio, and return on equity. In the below portion, we discuss the performance of the company. MRPL Share Price Target also depended upon the ratio which is described below.
| PE Ratio | ROA (Return On Assets) | Current Ratio | ROE (Return On Equity) |
| 11.72 | 6.99% | 0.99 | 30.99% |
MRPL Share Price Target 2024, 2025, 2027, 2030
MRPL Company also has an Aromatic Complex which is situated in Mangalore and is a petrochemical unit that can produce Para Xylene and Benzene. Economic Times Intelligence Group ranked MRPL Company in the 18th position as India’s biggest company. For extraction of heavy-weight oil and gas MRPL Company also took 18 the position in the Business World’s 2013.
If we look at the MRPL Share price Target, MRPL Share is enlisted under BSE (Bombay Stock Exchange) and NSE (National Stock Exchange). MRPL Share Price Target increased by +65.90 (36.69%) in the last 1 month and +151.60 (161.17%) in the last 6 months. The company gave a positive return of +54.12% to its share in the last 3 years for this reason MRPL Share Price Target also increased. Let’s have a look at MRPL Share Price Target 2024 to 2030.
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MRPL Share Price Target 2024
In recent times due to globalization, most organization wants to use natural gas as energy sources. Vehicle industries mostly think about using natural gas as their main energy source. Natural gas is also used for electricity generation, heating purposes, air conditioning, etc. In this situation, companies like MRPL take steps to produce natural gas and the company also gains profit. The profit growth of the company is 42.12% in the last 3 years.
| Year | MRPL Share Price Target 2024 |
| 1st Price Target | 220 |
| 2nd Price Target | 310 |
For more expansion of the business, the sales growth of the company’s increases 29.22% in the last 3 years. The net sales amount was ₹69,725.36 Crore in the year 2022, March but it became ₹1,09,856.10 Crore in the year 2023, March. To increase sales the company also be able to invest more amount in assets purpose for increasing the manufacturing purpose. If we look at the share price forecast, MRPL Share Price Target 2024, the 1st Price Target is ₹220 and the 2nd Price Target is ₹310.
MRPL Share Price Target 2025
Shell MRPL Aviation Fuels and Services Limited (SMA) is an aviation turbine fuel for airlines situated in the Netherlands and it is a joint venture between MRPL and Shell Gas B.V. (shell). MRPL Company also exported ATF (Automatic Transmission Fluid) to Mangalore, Chennai, Kannur, Bengaluru, and Goa such as different airports through the SMA organization. The demand for ATF increases day by day, and the demand for MRPL Company also increases.
| Year | MRPL Share Price Target 2025 |
| 1st Price Target | 320 |
| 2nd Price Target | 430 |
The revenue growth of the company also increases. Past 3 Years revenue growth was 26.12% and 5 years revenue growth was 15.12%. Within the last 5 years’ revenue in the year 2023, March the revenue value was the highest ₹13,4250 Crore. Asset Turnover ratio of the company is also very good. If we look at the share price forecast MRPL Share Price Target 2025, the 1st Price Target is ₹320 and the 2nd Price Target is ₹430.
MRPL Share Price Target 2027
The promoter holding capacity of MRPL Company is also very good which is 89% which is a very positive sign for the company’s growth. MRPL Company has a good reputation in the oil and Natural Gas sector and it is also a very old company so many good investors want to invest in the share. The money turnover ratio of the company is also good which is 6.67%. The total turnover amount increased ₹1,20,587 Crore in the financial year 2022-23 as on 21 April 2023.
| Year | MRPL Share Price Target 2027 |
| 1st Price Target | 570 |
| 2nd Price Target | 665 |
The Cash Conversion Cycle of MRPL Company is also good which is 8.36 Days which means the selling rate of the company is very good and can always invest money in manufacturing purposes. The ROE% of the company is 24.12% in the last 3 years which is also a very good point for the company’s growth. MRPL Company has a joint venture with Birla Group and the company works under ONGC which is also helpful for the company’s growth. If we look at the share price forecast MRPL Share Price Target 2027, 1st Price Target is ₹570 and the 2nd Price Target is ₹665.
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MRPL Share Price Target 2030
In recent times the use of crude oil has increased day by day. From crude oil production of Petrol, Diesel, Kerosene, Paraffin, Heavy fuel oil, LPG Gas, Petrochemical feedstock, and Lubricants also increases. The government of India also being more interested in the production of Petrol and Diesel from crude oil. For this reason, Mangalore Refinery and Petrochemical Ltd Company also started to grow more and in the future, the growth of the company will increase.
| Year | MRPL Share Price Target 2030 |
| 1st Price Target | 810 |
| 2nd Price Target | 925 |
MRPL Share Price Target is a bullish trend in the share market. On 15th November 2023, the MRPL Share Price Target was ₹118.3 and CARG Return was 393.2% on 26th February 2024 the MRPL Share Price Target rate became ₹247.8 at 9:29 am. All the share price forecasts depend upon the company’s overall performance, the increasing profit rate, sales rate, etc. The company has some debt amount the interest cover ratio is 4.12%.
If anyone wants to invest on a long-term basis MRPL Share Price Target will be the beneficiary but before investing you can take advice from expertise. If we look at the forecast of the share price target, MRPL Share Price Target 2030, the 1st Price Target is ₹810 and the 2nd Price Target is ₹925.
How To Purchase MRPL Share?
The most common trading platform for purchasing the Mangalore Refinery and Petrochemical Ltd Share is described below.
- Zerodha
- Upstox
- Groww
- Angelone
Investors Types and The Ratio Of MRPL Share
There are mainly four main types of Investors in MRPL Share which are described below.
| Promoter Holding | Public Holding | FII (Foreign Institutional Investors) | DII (Domestic Institutional Investors) |
| 87.00% | 8.00% | 3.00% | 2.00% |
MRPL Ltd Peer’s Company
- Reliance Industries Ltd
- Indian Oil Corporation Ltd
- Bharat Petroleum Corporation Ltd
- Hindustan Petroleum Corporation Ltd
Advantages and Disadvantages Of MRPL Share
Every Share has some advantages and some disadvantages. MRPL Share also has some advantages and disadvantages which are described below portion.
Advantages
- The Promoter Holding capacity of the company is very good which is 89% which helps the company’s growth.
- The Profit growth of the company is good at 42.12% which also helps the company’s growth. With the company’s growth MRPL Share Price Target also increases.
- The company is increasing with zero promoters’ pledges.
- The cash flow ratio of the company is very good which helps to invest cash in production.
- Book value also increased in the last 2 years.
Disadvantages
The company has a low EBITDA margin of 1.20% over the past few years.
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FAQ
What is the MRPL Share Price Target for the year 2024?
The MRPL Share Price Target for the year 2024 is ₹220 to ₹310.
What is the MRPL Share Price Target for the year 2025?
The MRPL Share Price Target for the year 2025 is ₹320 to ₹430.
What is the MRPL Share Price Target for the year 2027?
The MRPL Share Price Target for the year 2027 is ₹570 to ₹665.
What is the MRPL Share Price Target for the year 2030?
The MRPL Share Price Target for the year 2030 is ₹810 to ₹925.
What is the MRPL Share Price Target for the year 2028?
The MRPL Share Price Target for the year 2028 is ₹670 to ₹755.
Who is the chairman of MRPL Company?
Mr. Yogesh Patel is the chairman of MRPL Company.
Conclusion
Hopefully, www.sharetargethub.com will help you gain some basic ideas about MRPL Share Price Target. By doing the research and taking advice from expertise we ensure that on a long-term basis, MRPL Share Price Target may reach a very high position. MRPL Company is related to the oil and natural gas sectors. So the demand for this sector also increases which helps the share to gain profit in the future.
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