Mangalore Refinery and Petrochemicals (NSE:MRPL) Gross Margin %: 12.57% (As of Mar. 2026) — 101% Above Median


NSE:MRPL Mangalore Refinery and Petrochemicals Ltd NSE:MRPL
78 GF Score
Price ₹149.19
GF Value ₹139.97
Valuation Fairly Valued
! 3 Warning Signs
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What is Mangalore Refinery and Petrochemicals Gross Margin %?

Mangalore Refinery and Petrochemicals NSE:MRPL -3.08% 78 Gross Margin % is 12.57% as of Mar. 2026, which is 101% above its 10-year median of 6.25. GuruFocus rates NSE:MRPL with a GF Score™ of 78/100 and a GF Value™ of ₹139.97 (Fairly Valued). The stock has 3 warning signs investors should review. Among 872 Oil & Gas companies, Mangalore Refinery and Petrochemicals ranks worse than 78.1% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Mangalore Refinery and Petrochemicals's Gross Profit for the three months ended in Mar. 2026 was ₹30,106 Mil. Mangalore Refinery and Petrochemicals's Revenue for the three months ended in Mar. 2026 was ₹239,497 Mil. Therefore, Mangalore Refinery and Petrochemicals's Gross Margin % for the quarter that ended in Mar. 2026 was 12.57%.


The historical rank and industry rank for Mangalore Refinery and Petrochemicals's Gross Margin % or its related term are showing as below:

NSE:MRPL' s Gross Margin % Range Over the Past 10 Years
Min: -30.47   Med: 6.25   Max: 10.25
Current: 10.25


During the past 13 years, the highest Gross Margin % of Mangalore Refinery and Petrochemicals was 10.25%. The lowest was -30.47%. And the median was 6.25%.

NSE:MRPL's Gross Margin % is ranked worse than
78.1% of 872 companies
in the Oil & Gas industry
Industry Median: 25.62 vs NSE:MRPL: 10.25

Mangalore Refinery and Petrochemicals had a gross margin of 12.57% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Mangalore Refinery and Petrochemicals was 12.30% per year.


Mangalore Refinery and Petrochemicals  (NSE:MRPL) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Mangalore Refinery and Petrochemicals had a gross margin of 12.57% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Mangalore Refinery and Petrochemicals Gross Margin % Related Terms


Mangalore Refinery and Petrochemicals Gross Margin % Historical Data

* Premium members only.

The historical data trend for Mangalore Refinery and Petrochemicals's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Mangalore Refinery and Petrochemicals Gross Margin % Chart

Mangalore Refinery and Petrochemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8.22 7.74 9.55 4.35 10.25

Mangalore Refinery and Petrochemicals Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 6.52 3.51 9.73 13.22 12.57

NSE:MRPL vs VLO, MPC, PSX: Gross Margin % Comparison

For the Oil & Gas Refining & Marketing subindustry, Mangalore Refinery and Petrochemicals's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Mangalore Refinery and Petrochemicals Gross Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Mangalore Refinery and Petrochemicals's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Mangalore Refinery and Petrochemicals's Gross Margin % falls into.


NSE:MRPL
78GF Score
Mangalore Refinery and Petrochemicals Ltd NSE:MRPL
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangalore Refinery and Petrochemicals Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Mangalore Refinery and Petrochemicals's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=90895.8 / 886674.9
=(Revenue - Cost of Goods Sold) / Revenue
=(886674.9 - 795779.1) / 886674.9
=10.25 %

Mangalore Refinery and Petrochemicals's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=30106.2 / 239496.9
=(Revenue - Cost of Goods Sold) / Revenue
=(239496.9 - 209390.7) / 239496.9
=12.57 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 12.57% mean?
Mangalore Refinery and Petrochemicals (NSE:MRPL) has a Gross Margin % of 12.57% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Mangalore Refinery and Petrochemicals and its competitors. This is 101% above median its historical median of 6.25. According to the industry distribution chart, Mangalore Refinery and Petrochemicals ranks #681 out of 872 companies in the Oil & Gas industry, placing it in the top 78.1%.
Is Mangalore Refinery and Petrochemicals' Gross Margin % too high?
Mangalore Refinery and Petrochemicals' current Gross Margin % of 12.57% is 101% above median its 10-year median of 6.25. The Oil & Gas industry median Gross Margin % is 25.62. Mangalore Refinery and Petrochemicals' value of 12.57% is 50.9% below this industry median. Based on the distribution chart, Mangalore Refinery and Petrochemicals ranks #681 out of 872 companies in the Oil & Gas industry, which is in the bottom quartile relative to peers. Overall, Mangalore Refinery and Petrochemicals has a GF Score™ of 78/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mangalore Refinery and Petrochemicals' Gross Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Mangalore Refinery and Petrochemicals ranks #681 out of 872 companies for Gross Margin %. This places Mangalore Refinery and Petrochemicals in the lower half of its industry. The industry median Gross Margin % is 25.62. Mangalore Refinery and Petrochemicals' value of 12.57% is 50.9% below this benchmark. While the company's 10-year median is 6.25 vs. the industry median of 25.62, Mangalore Refinery and Petrochemicals has consistently been below the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for an Oil & Gas company?
The median Gross Margin % among Oil & Gas companies is 25.62, based on 872 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mangalore Refinery and Petrochemicals's current Gross Margin % of 12.57% is 50.9% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Mangalore Refinery and Petrochemicals and its competitors. For the Oil & Gas industry, the median Gross Margin % is 25.62 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalore Refinery and Petrochemicals's current Gross Margin % is 12.57%, which is 101% above median its own 10-year median of 6.25. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mangalore Refinery and Petrochemicals stock overvalued right now?
Based on GuruFocus' analysis, Mangalore Refinery and Petrochemicals (NSE:MRPL) is currently considered Fairly Valued. The stock's GF Value™ is ₹139.97, compared to a current price of ₹149.19 — trading 6.6% above its estimated fair value. The current Gross Margin % is 12.57%, which is 101% above median its 10-year median of 6.25 and 50.9% below the Oil & Gas industry median of 25.62. Mangalore Refinery and Petrochemicals' overall GF Score™ is 78/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Mangalore Refinery and Petrochemicals (NSE:MRPL), the current Gross Margin % is 12.57% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Mangalore Refinery and Petrochemicals (NSE:MRPL) Overvalued in 2026?

Based on GuruFocus' analysis, Mangalore Refinery and Petrochemicals stock appears to be overvalued. The current stock price of ₹149.19 is trading 6.6% above its estimated GF Value™ of ₹139.97. GuruFocus considers Mangalore Refinery and Petrochemicals to be Fairly Valued.

Key valuation signals for NSE:MRPL:

  • Gross Margin %: 12.57% (101% above median its 10-year median of 6.25)
  • GF Value™: ₹139.97 vs. price of ₹149.19 (6.6% above fair value)
  • GF Score™: 78/100 with 3 warning signs
  • Industry Position: 50.9% below the Oil & Gas median (#681 of 872)

No single metric tells the full story. See the NSE:MRPL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Mangalore Refinery and Petrochemicals Business Description

Industry EnergyOil & Gas
Other Exchanges 500109:India
Address Mudapadav, Post. Kuthethoor, Via Katipalla, Mangaluru, KA, IND, 575030
Mangalore Refinery and Petrochemicals Ltd are engaged in the manufacturing of Refined Petroleum Products. It generates revenue from High speed Diesel (HSD) and Motor Spirit (MS). Geographically, it derives a majority of revenue from India. It has Petroleum Products as single reportable segment.
78GF Score

Get the complete analysis for NSE:MRPL

Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₹149.19
Price
₹139.97
GF Value