Mangalore Refinery and Petrochemicals Management

Management criteria checks 0/4

We currently do not have sufficient information about the CEO.

Key information

Mundkur Kamath

Chief executive officer

n/a

Total compensation

CEO salary percentage	n/a
CEO tenure	less than a year
CEO ownership	n/a
Management average tenure	less than a year
Board average tenure	1.5yrs

Recent management updates

Recent updates

CEO

Mundkur Kamath

less than a year

Tenure

Shri. Mundkur Shyamprasad Kamath is CEO of Mangalore Refinery and Petrochemicals Limited since March 22, 2024 and serves as its MD & Additional Director from February 28, 2024. Shri Kamath has a distinguis...

Leadership Team

Name	Position	Tenure	Compensation	Ownership
Mundkur Kamath	CEO, MD & Additional Director	less than a year	no data	no data
Vivek Tongaonkar	CFO & Additional Director	less than a year	no data	no data
Premachandra Rao	Company Secretary & Compliance Officer	less than a year	no data	no data
Vijay Bhatnagar	Group General Manager of Markrting & BD	no data	no data	no data
Rajeev Kushwah	Chief Vigilance Officer	7.1yrs	no data	no data

0.8yrs

Average Tenure

Experienced Management: 500109's management team is not considered experienced ( 0.8 years average tenure), which suggests a new team.

Board Members

Name	Position	Tenure	Compensation	Ownership
Mundkur Kamath	CEO, MD & Additional Director	less than a year	no data	no data
Vivek Tongaonkar	CFO & Additional Director	less than a year	no data	no data
Arun Singh	Chairman of the Board	1.4yrs	no data	no data
S. Bharathan	Director	1.6yrs	no data	0.000020% ₹ 88.1k
Pankaj Kumar	Additional Director	less than a year	no data	no data
Asheesh Joshi	Government Nominee Director	1.9yrs	no data	no data
Rajkumar Sharma	Non-Official Independent Director	2.5yrs	₹980.00k	no data
Manohar Verma	Non-Official Independent Director	2.5yrs	₹1.07m	no data
Pankaj Gupta	Non-Official Independent Director	2.5yrs	₹1.13m	no data
Dheeraj Ojha	Additional Government Nominee Director	less than a year	no data	no data

1.5yrs

Average Tenure

57yo

Average Age

Experienced Board: 500109's board of directors are not considered experienced ( 1.5 years average tenure), which suggests a new board.

Mangalore Refinery and Petrochemicals Management

Management criteria checks 0/4

Key information

Recent management updates

Mangalore Refinery and Petrochemicals Limited Announces Resignation of Cheruvally Nivedida Subramanian as Independent Director

Mangalore Refinery and Petrochemicals Limited Announcers Chief Executive Officer Changes

Mangalore Refinery and Petrochemicals Limited Announces Resignation of Pomila Jaspal as Director

Mangalore Refinery and Petrochemicals Limited Announces Management Changes

Mangalore Refinery and Petrochemicals Limited, Annual General Meeting, Aug 25, 2023

Mangalore Refinery and Petrochemicals Limited Appoints Shri Vivek Chandrakant Tongaonkar as CFO

Recent updates

Now 23% overvalued after recent price rise

Mangalore Refinery and Petrochemicals Limited to Report Q4, 2024 Results on May 03, 2024

Mangalore Refinery and Petrochemicals Limited Announces Resignation of Cheruvally Nivedida Subramanian as Independent Director

Mangalore Refinery and Petrochemicals Limited (BSE:500109) agreed to acquire additional 26.96% stake in Mangalore Sez Limited from Infrastructure Leasing & Financial Services Limited for approximately INR 470 million.

Investor sentiment deteriorates as stock falls 19%

Mangalore Refinery and Petrochemicals Limited Announcers Chief Executive Officer Changes

Price target increased by 14% to ₹121

Investor sentiment improves as stock rises 22%

Now 29% overvalued after recent price rise

Mangalore Refinery and Petrochemicals Limited Announces Resignation of Pomila Jaspal as Director

Upcoming dividend of ₹1.00 per share at 1.1% yield

Mangalore Refinery and Petrochemicals Limited Declares Interim Dividend for the Financial Year 2023-24, Payable on or Before February 21, 2024

Mangalore Refinery and Petrochemicals Limited to Report Q3, 2024 Results on Jan 22, 2024

Investor sentiment improves as stock rises 20%

Mangalore Refinery and Petrochemicals Limited Announces Management Changes

Second quarter 2024 earnings released: EPS: ₹6.00 (vs ₹10.15 loss in 2Q 2023)

Mangalore Refinery and Petrochemicals Limited to Report Q2, 2024 Results on Oct 31, 2023

Price target increased by 13% to ₹89.67

Mangalore Refinery and Petrochemicals Limited, Annual General Meeting, Aug 25, 2023

Now 21% undervalued

New major risk - Financial position

First quarter 2024 earnings released: EPS: ₹5.79 (vs ₹15.50 in 1Q 2023)

New minor risk - Share price stability

Mangalore Refinery and Petrochemicals Limited to Report Q1, 2024 Results on Jul 28, 2023

Mangalore Refinery and Petrochemicals Limited Appoints Shri Vivek Chandrakant Tongaonkar as CFO

Investor sentiment improves as stock rises 16%

Mangalore Refinery and Petrochemicals Limited Announces Appointment of Sanjay Varma as Chief Executive Officer

Now 22% undervalued

Investor sentiment improves as stock rises 21%

Mangalore Refinery and Petrochemicals Limited Announces Executive Changes

Mangalore Refinery and Petrochemicals Limited Announces CFO Changes

Oil Ministry Working on Proposal to Merge MRPL with HPCL

Mangalore Refinery and Petrochemicals Limited Announces Board Changes

Full year 2023 earnings released: EPS: ₹15.15 (vs ₹16.88 in FY 2022)

Investor sentiment improves as stock rises 21%

Investor sentiment improves as stock rises 15%

Third quarter 2023 earnings released: ₹1.11 loss per share (vs ₹3.36 profit in 3Q 2022)

Mangalore Refinery and Petrochemicals Limited to Report Q3, 2023 Results on Jan 30, 2023

Mangalore Refinery and Petrochemicals Limited Announces Change in Directorate

Price target decreased to ₹64.00

Less than half of directors are independent

Second quarter 2023 earnings released: ₹10.15 loss per share (vs ₹2.34 loss in 2Q 2022)

Mangalore Refinery and Petrochemicals Limited to Report Q2, 2023 Results on Oct 28, 2022

Mangalore Refinery and Petrochemicals Limited Appoints Rajesh Kumar Srivastava as Chairman on the Board

Mangalore Refinery and Petrochemicals Limited Announces Vacation of Alka Mittal as Chairperson/Director

First quarter 2023 earnings released: EPS: ₹31.00 (vs ₹1.31 loss in 1Q 2022)

Mangalore Refinery and Petrochemicals Limited, Annual General Meeting, Aug 22, 2022

Mangalore Refinery and Petrochemicals Limited to Report Q1, 2023 Results on Jul 28, 2022

Mangalore Refinery and Petrochemicals Limited Appoints Pomila Jaspal as Director

Mangalore Refinery and Petrochemicals Limited Announces Cessation of R T Agarwal as Independent Director

Investor sentiment deteriorated over the past week

Mangalore Refinery and Petrochemicals Limited Announces Executive Changes

Mangalore Refinery and Petrochemicals Limited Announces Director Changes

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Full year 2022 earnings released: EPS: ₹16.88 (vs ₹3.24 loss in FY 2021)

Mangalore Refinery and Petrochemicals Limited to Report Q4, 2022 Results on May 11, 2022

Price target decreased to ₹43.00

Less than half of directors are independent

Investor sentiment improved over the past week

Mangalore Refinery and Petrochemicals Limited Announces Resignation of Pomila Jaspal from its Board

Investor sentiment improved over the past week

Third quarter 2022 earnings: Revenues and EPS in line with analyst expectations

Price target increased to ₹59.50

First quarter 2022 earnings released: ₹1.31 loss per share (vs ₹4.11 loss in 1Q 2021)

Mangalore Refinery and Petrochemicals Limited (BSE:500109) acquired remaining stake in ONGC Mangalore Petrochemicals Limited from Oil and Natural Gas Corporation Limited (NSEI:ONGC for INR 0.07 million.

Full year 2021 earnings released: ₹3.24 loss per share (vs ₹19.13 loss in FY 2020)

Non-Executive Chairman Shashi Shanker has left the company

New 90-day high: ₹43.40