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Mangalore Refinery And Petrochemicals Ltd

Q2 FY26Petroleum Products

Mangalore Refinery And Petrochemicals Q2 FY26 earnings call: Revenue & Margins

Q2 FY26 earnings call: what management guided on revenue, margins and order book.

Price₹173
Market cap₹30.3K Cr
P/E10.9
Updated16 Oct 2026
Read4 min read

The short version

Domestic demand for MS (motor spirit/petrol) is resilient with expected growth, supported by GST changes and increased automobile sales. MRPL expects resilient domestic demand growth in both gasoline (MS) and diesel (HSD), with diesel demand anticipated to rise post-monsoon.

From Mangalore Refinery And Petrochemicals Ltd's Q2 FY26 earnings-call transcript · updated 16 Oct 2026.

Revenue & Sales Performance

  • Domestic demand for MS (motor spirit/petrol) is resilient with expected growth, supported by GST changes and increased automobile sales.
  • Diesel demand is recovering post-monsoon, showing around 2-3% growth.
  • Mangalore Refinery & Petrochemicals Ltd (MRPL) plans to expand retail outlets aggressively:
  • 185 outlets currently operational across Karnataka, Kerala, and Tamil Nadu.
  • Target to cross 250 retail outlets by the end of the year.
  • Addition of around 100-130 retail outlets yearly thereafter.
  • Average throughput per retail outlet is 140-160 kiloliters per month, in line with industry peers.
  • Export sales form about 40% of total turnover, indicating strong presence in global markets.

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Profitability & Margins

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Capital Expenditure Plans

  • Ongoing CAPEX projects include the Phase 3 power input project aimed at reducing carbon emissions, expected to be commissioned by mid-next year.
  • CAPEX plan for FY26 is typically around ₹1500 crores, covering routine revamps and enhancement projects.
  • Phase 4 expansion study is underway but final report and decisions are pending due to current market dynamics; any major increase in CAPEX will depend on Phase 4 progress.
  • A pilot project on isobutyl benzene production is planned, with design work underway.
  • Investments are also directed toward retail outlet expansion, with 35 outlets under construction and plans to add 100-130 outlets annually.

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Top-ranked in Petroleum Products

Ranked on what management guided this quarter

Guidance-ranked
Rev 2Mar 1
2Arabian Petrol.
Rev 2Mar 2
3
Rev 3Mar 2
4
Rev 3Mar 3
5
Rev 3Mar 3
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Rank buckets describe management commentary on revenue and margin. Not investment advice, and not a forecast of returns.

Fundraising & Capital Structure

See what Mangalore Refinery And Petrochemicals Ltd said on fundraising & capital structure — free account, 30 seconds.

Order Book & Pipeline

The provided transcript pages from the "1996.pdf" document do not contain any specific information regarding the current or expected order book or pending orders for Mangalore Refinery and Petrochemicals Ltd (MRPL). The discussions primarily focus on topics such as crude sourcing, product yields, retail outlets expansion, CAPEX outlook, production volumes, and market conditions. There is no mention or data related to order books or pending orders in the provided text. If you need details about order books or pending orders, please provide a page or section where this information is covered, or upload relevant parts of the document.

Mangalore Refinery And Petrochemicals Ltd — Quarterly revenue & net profit

Revenue Net profit Net loss
Dec 2024Q3 FY25
Mar 2025Q4 FY25
Jun 2025Q1 FY26
Sep 2025Q2 FY26
Dec 2025Q3 FY26
Mar 2026Q4 FY26

Reported quarterly figures (₹ Cr). Latest (Q4 FY26): revenue ₹23.9K Cr, net profit ₹117 Cr. Revenue and profit are scaled separately — hover a quarter for exact figures.

Full financials →

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Frequently Asked Questions

What were Mangalore Refinery And Petrochemicals Ltd Q2 FY26 results?

Domestic demand for MS (motor spirit/petrol) is resilient with expected growth, supported by GST changes and increased automobile sales. MRPL expects resilient domestic demand growth in both gasoline (MS) and diesel (HSD), with diesel demand anticipated to rise post-monsoon.

What is Mangalore Refinery And Petrochemicals Ltd share price analysis?

Mangalore Refinery And Petrochemicals Ltd currently shows a neutral. The stock trades at a P/E of 10.9 with a market cap of ₹30,269 Cr. Investors should review the full earnings analysis for detailed insights.

Is Mangalore Refinery And Petrochemicals Ltd planning capital expenditure?

Ongoing CAPEX projects include the Phase 3 power input project aimed at reducing carbon emissions, expected to be commissioned by mid-next year.

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This analysis is AI-generated based on publicly available earnings data and the company's earnings call transcript. This is not investment advice. Please consult a SEBI-registered advisor before making investment decisions.