Mangalore Refinery and Petrochemicals
Market Cap
₹64.2b
Last Updated
2020/07/07 12:38 UTC
Data Sources
Company Financials
Executive Summary
Mangalore Refinery and Petrochemicals Limited manufactures and sells refined petroleum products in India.
Snowflake Analysis
Overvalued with weak fundamentals.
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Share Price & News
How has Mangalore Refinery and Petrochemicals's share price performed over time and what events caused price changes?
Latest Share Price and Events
Stable Share Price: 500109's share price has been volatile over the past 3 months.
Market Performance
7 Day Return
-0.5%
500109
5.2%
IN Oil and Gas
4.0%
IN Market
1 Year Return
-37.5%
500109
7.5%
IN Oil and Gas
-5.3%
IN Market
Return vs Industry: 500109 underperformed the Indian Oil and Gas industry which returned 10.9% over the past year.
Return vs Market: 500109 underperformed the Indian Market which returned -5.5% over the past year.
Shareholder returns
| 500109 | Industry | Market | |
|---|---|---|---|
| 7 Day | -0.5% | 5.2% | 4.0% |
| 30 Day | 15.1% | 9.7% | 6.6% |
| 90 Day | 50.1% | 36.9% | 22.9% |
| 1 Year | -37.5%-37.5% | 12.0%7.5% | -3.3%-5.3% |
| 3 Year | -67.2%-70.2% | 42.5%27.4% | 2.3%-2.6% |
| 5 Year | -49.2%-53.9% | 79.6%46.8% | 27.7%17.8% |
Price Volatility Vs. Market
How volatile is Mangalore Refinery and Petrochemicals's share price compared to the market and industry in the last 5 years?
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Best Undervalued Energy Stocks To BuyValuation
Is Mangalore Refinery and Petrochemicals undervalued compared to its fair value and its price relative to the market?
0.94x
Price to Book (PB) ratio
Share Price vs. Fair Value
Below Fair Value: Insufficient data to calculate 500109's fair value to establish if it is undervalued.
Significantly Below Fair Value: Insufficient data to calculate 500109's fair value to establish if it is undervalued.
Price To Earnings Ratio
PE vs Industry: 500109 is unprofitable, so we can't compare its PE Ratio to the Oil and Gas industry average.
PE vs Market: 500109 is unprofitable, so we can't compare its PE Ratio to the Indian market.
Price to Earnings Growth Ratio
PEG Ratio: Insufficient data to calculate 500109's PEG Ratio to determine if it is good value.
Price to Book Ratio
PB vs Industry: 500109 is good value based on its PB Ratio (0.9x) compared to the IN Oil and Gas industry average (1.1x).
Next Steps
Future Growth
How is Mangalore Refinery and Petrochemicals forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?
20.8%
Forecasted Energy industry annual growth in earnings
In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Mangalore Refinery and Petrochemicals has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.
This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.
Next Steps
- Take a look at our analysis of 500109’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
- Mangalore Refinery and Petrochemicals competitive advantages and company strategy can generally be found in its financial reports archived here.
- Explore growth companies in the Energy industry.
Past Performance
How has Mangalore Refinery and Petrochemicals performed over the past 5 years?
-24.4%
Historical annual earnings growth
Earnings and Revenue History
Quality Earnings: 500109 is currently unprofitable.
Growing Profit Margin: 500109 is currently unprofitable.
Past Earnings Growth Analysis
Earnings Trend: 500109 is unprofitable, and losses have increased over the past 5 years at a rate of -24.4% per year.
Accelerating Growth: Unable to compare 500109's earnings growth over the past year to its 5-year average as it is currently unprofitable
Earnings vs Industry: 500109 is unprofitable, making it difficult to compare its past year earnings growth to the Oil and Gas industry (-12.3%).
Return on Equity
High ROE: 500109 has a negative Return on Equity (-57.02%), as it is currently unprofitable.
Next Steps
Financial Health
How is Mangalore Refinery and Petrochemicals's financial position?
Financial Position Analysis
Short Term Liabilities: 500109's short term assets (₹59.6B) do not cover its short term liabilities (₹105.0B).
Long Term Liabilities: 500109's short term assets (₹59.6B) do not cover its long term liabilities (₹130.6B).
Debt to Equity History and Analysis
Debt Level: 500109's debt to equity ratio (261.7%) is considered high.
Reducing Debt: 500109's debt to equity ratio has increased from 249.4% to 261.7% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss making in the past we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: 500109 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 500109 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 33.1% each year
Next Steps
Dividend
What is Mangalore Refinery and Petrochemicals's current dividend yield, its reliability and sustainability?
Dividend Yield vs Market
Notable Dividend: Unable to evaluate 500109's dividend yield against the bottom 25% of dividend payers, as the company has not reported any recent payouts.
High Dividend: Unable to evaluate 500109's dividend yield against the top 25% of dividend payers, as the company has not reported any recent payouts.
Stability and Growth of Payments
Stable Dividend: Insufficient data to determine if 500109's dividends per share have been stable in the past.
Growing Dividend: Insufficient data to determine if 500109's dividend payments have been increasing.
Current Payout to Shareholders
Dividend Coverage: 500109 is not paying a notable dividend for the Indian market.
Future Payout to Shareholders
Future Dividend Coverage: No need to calculate the sustainability of 500109's dividend in 3 years as they are not forecast to pay a notable one for the Indian market.
Next Steps
Management
How experienced are the management team and are they aligned to shareholders interests?
1.4yrs
Average management tenure
CEO
Venky Venkatesh (55yo)
2.08yrs
Tenure
₹6,852,000
Compensation
Mr. M. Venkatesh, also known as Venky, has been Managing Director and Chief Executive Officer of Mangalore Refinery and Petrochemicals Limited since June 1, 2018 and also has been its Director since April  ...
CEO Compensation Analysis
Compensation vs Market: Venky's total compensation ($USD91.80K) is below average for companies of similar size in the Indian market ($USD375.94K).
Compensation vs Earnings: Venky's compensation has been consistent with company performance over the past year.
Leadership Team
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.08yrs | ₹6.85m | no data | |
| Chief Financial Officer | 1.42yrs | ₹7.31m | no data | |
| Company Secretary | no data | ₹4.90m | no data | |
| CFO & Director | 0.75yr | no data | no data | |
| Group General Manager of Markrting & BD | no data | no data | no data | |
| Chief Vigilance Officer | 3.25yrs | no data | no data | |
| Director of Refinery & Director | 0.50yr | no data | no data | |
| Deputy Company Secretary | no data | no data | no data |
1.4yrs
Average Tenure
Experienced Management: 500109's management team is not considered experienced ( 1.4 years average tenure), which suggests a new team.
Board Members
| Name | Position | Tenure | Compensation | Ownership |
|---|---|---|---|---|
| MD, CEO & Director | 2.08yrs | ₹6.85m | no data | |
| CFO & Director | 0.75yr | no data | no data | |
| Director of Refinery & Director | 0.50yr | no data | no data | |
| Non-Executive Director | 3.67yrs | no data | no data | |
| Chairman | 2.75yrs | no data | no data | |
| Additional Director | 2.17yrs | no data | no data | |
| Independent Non-Executive Director | 2.83yrs | ₹1.18m | no data | |
| Independent Non-Executive Director | 2.83yrs | ₹1.15m | no data | |
| Independent Non-Executive Director | 2.83yrs | ₹1.24m | no data | |
| Independent Non-Executive Director | 2.83yrs | ₹1.15m | no data |
2.8yrs
Average Tenure
58yo
Average Age
Experienced Board: 500109's board of directors are not considered experienced ( 2.8 years average tenure), which suggests a new board.
Ownership
Who are the major shareholders and have insiders been buying or selling?
Insider Trading Volume
Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.
Ownership Breakdown
Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.
Top Shareholders
Company Information
Mangalore Refinery and Petrochemicals Limited's company bio, employee growth, exchange listings and data sources
Key Information
- Name: Mangalore Refinery and Petrochemicals Limited
- Ticker: 500109
- Exchange: BSE
- Founded: 1988
- Industry: Oil and Gas Refining and Marketing
- Sector: Energy
- Market Cap: ₹64.233b
- Shares outstanding: 1.75b
- Website: https://www.mrpl.co.in
Number of Employees
Location
- Mangalore Refinery and Petrochemicals Limited
- Mudapadav
- Post Kuthethoor
- Mangalore
- Karnataka
- 575030
- India
Listings
| Ticker | Exchange | Primary Security | Security Type | Country | Currency | Listed on |
|---|---|---|---|---|---|---|
| 500109 | BSE (Mumbai Stock Exchange) | Yes | Equity Shares | IN | INR | Mar 2000 |
| MRPL | NSEI (National Stock Exchange of India) | Yes | Equity Shares | IN | INR | Mar 2000 |
Biography
Mangalore Refinery and Petrochemicals Limited manufactures and sells refined petroleum products in India. The company produces and sells hydrogen, liquefied petroleum gas, fuel gas, motor spirit, mixed xylene, naphtha, SKO, high speed diesel, aviation turbine fuel, VGO, furnace oil, asphalt, CRMB, LSWR, LSFO, sulphur, and pet coke, as well as bitumen, polypropylene, and other products. It also operates seven retail outlets. The company serves mining, construction, power, agriculture, fertilizer, and paint industries. Mangalore Refinery and Petrochemicals Limited also exports its products. The company was founded in 1988 and is based in Mangalore, India. Mangalore Refinery and Petrochemicals Limited is a subsidiary of Oil and Natural Gas Corporation Limited.Â
Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2020/07/07 12:38 |
| End of Day Share Price | 2020/07/07 00:00 |
| Earnings | 2020/03/31 |
| Annual Earnings | 2020/03/31 |
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.