Mangalore Refinery and Petrochemicals Balance Sheet Health
Financial Health criteria checks 4/6
Mangalore Refinery and Petrochemicals has a total shareholder equity of ₹133.2B and total debt of ₹105.5B, which brings its debt-to-equity ratio to 79.2%. Its total assets and total liabilities are ₹355.6B and ₹222.4B respectively. Mangalore Refinery and Petrochemicals's EBIT is ₹26.4B making its interest coverage ratio 2.8. It has cash and short-term investments of ₹8.7B.
Key information
79.23%
Debt to equity ratio
₹105.52b
Debt
| Interest coverage ratio | 2.8x |
| Cash | ₹8.74b |
| Equity | ₹133.18b |
| Total liabilities | ₹222.43b |
| Total assets | ₹355.61b |
Recent financial health updates
We Think Mangalore Refinery and Petrochemicals (NSE:MRPL) Is Taking Some Risk With Its Debt
Feb 08
Does Mangalore Refinery and Petrochemicals (NSE:MRPL) Have A Healthy Balance Sheet?
Nov 07We Think Mangalore Refinery and Petrochemicals (NSE:MRPL) Can Stay On Top Of Its Debt
Aug 08Is Mangalore Refinery and Petrochemicals (NSE:MRPL) A Risky Investment?
Feb 08Does Mangalore Refinery and Petrochemicals (NSE:MRPL) Have A Healthy Balance Sheet?
Nov 04Recent updates
An Intrinsic Calculation For Mangalore Refinery and Petrochemicals Limited (NSE:MRPL) Suggests It's 44% Undervalued
Dec 06Mangalore Refinery and Petrochemicals (NSE:MRPL) Is Experiencing Growth In Returns On Capital
Nov 18Mangalore Refinery and Petrochemicals' (NSE:MRPL) Solid Earnings Have Been Accounted For Conservatively
Oct 28Mangalore Refinery and Petrochemicals Limited's (NSE:MRPL) Prospects Need A Boost To Lift Shares
Oct 16Mangalore Refinery and Petrochemicals Limited's (NSE:MRPL) Intrinsic Value Is Potentially 78% Above Its Share Price
Aug 29Revenues Working Against Mangalore Refinery and Petrochemicals Limited's (NSE:MRPL) Share Price
Jun 30Mangalore Refinery and Petrochemicals' (NSE:MRPL) Returns On Capital Are Heading Higher
May 19Mangalore Refinery and Petrochemicals Limited's (NSE:MRPL) Share Price Boosted 27% But Its Business Prospects Need A Lift Too
Mar 31Mangalore Refinery and Petrochemicals Limited (NSE:MRPL) Shares Could Be 27% Below Their Intrinsic Value Estimate
Mar 16We Think Mangalore Refinery and Petrochemicals (NSE:MRPL) Is Taking Some Risk With Its Debt
Feb 08Mangalore Refinery and Petrochemicals (NSE:MRPL) Is Doing The Right Things To Multiply Its Share Price
Jan 21Mangalore Refinery and Petrochemicals Limited's (NSE:MRPL) Shares Lagging The Industry But So Is The Business
Dec 13A Look At The Intrinsic Value Of Mangalore Refinery and Petrochemicals Limited (NSE:MRPL)
Nov 25Does Mangalore Refinery and Petrochemicals (NSE:MRPL) Have A Healthy Balance Sheet?
Nov 07Improved Earnings Required Before Mangalore Refinery and Petrochemicals Limited (NSE:MRPL) Shares Find Their Feet
Sep 08Here's Why We Think Mangalore Refinery and Petrochemicals (NSE:MRPL) Is Well Worth Watching
Aug 23We Think Mangalore Refinery and Petrochemicals (NSE:MRPL) Can Stay On Top Of Its Debt
Aug 08Why The 28% Return On Capital At Mangalore Refinery and Petrochemicals (NSE:MRPL) Should Have Your Attention
Jul 12Investors Aren't Buying Mangalore Refinery and Petrochemicals Limited's (NSE:MRPL) Earnings
May 26Returns on Capital Paint A Bright Future For Mangalore Refinery and Petrochemicals (NSE:MRPL)
Mar 30Mangalore Refinery and Petrochemicals Limited's (NSE:MRPL) Intrinsic Value Is Potentially 23% Below Its Share Price
Feb 23Is Mangalore Refinery and Petrochemicals (NSE:MRPL) A Risky Investment?
Feb 08Mangalore Refinery and Petrochemicals Limited's (NSE:MRPL) Share Price Boosted 32% But Its Business Prospects Need A Lift Too
Jan 24Mangalore Refinery and Petrochemicals (NSE:MRPL) Could Become A Multi-Bagger
Dec 20Does Mangalore Refinery and Petrochemicals (NSE:MRPL) Have A Healthy Balance Sheet?
Nov 04Are Investors Undervaluing Mangalore Refinery and Petrochemicals Limited (NSE:MRPL) By 31%?
Oct 14Mangalore Refinery and Petrochemicals (NSE:MRPL) May Have Issues Allocating Its Capital
Sep 13Is Mangalore Refinery and Petrochemicals Limited (NSE:MRPL) Trading At A 25% Discount?
Jul 06Financial Position Analysis
Short Term Liabilities: MRPL's short term assets (₹131.9B) exceed its short term liabilities (₹129.0B).
Long Term Liabilities: MRPL's short term assets (₹131.9B) exceed its long term liabilities (₹93.4B).
Debt to Equity History and Analysis
Debt Level: MRPL's net debt to equity ratio (72.7%) is considered high.
Reducing Debt: MRPL's debt to equity ratio has reduced from 328.7% to 79.2% over the past 5 years.
Debt Coverage: MRPL's debt is well covered by operating cash flow (56.8%).
Interest Coverage: MRPL's interest payments on its debt are not well covered by EBIT (2.8x coverage).
Balance Sheet
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2025/12/08 11:26 |
| End of Day Share Price | 2025/12/08 00:00 |
| Earnings | 2025/09/30 |
| Annual Earnings | 2025/03/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
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.
Analysis Model and Snowflake
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Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
Mangalore Refinery and Petrochemicals Limited is covered by 13 analysts. 2 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Arindam Pal | Asian Markets Securities Private Limited |
| null null | Batlivala & Karani Securities India Pvt. Ltd. |
| Sachin Mehta | Centrum Broking Limited |