Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's
Operating Income
by its Interest Expense. Mangalore Refinery and Petrochemicals's
Operating Income
for the
three
months ended in Mar. 2026 was ₹13,881 Mil. Mangalore Refinery and Petrochemicals's Interest Expense for the
three
months ended in Mar. 2026 was ₹-2,119 Mil.
Mangalore Refinery and Petrochemicals's interest coverage for the quarter that ended in Mar. 2026 was 6.55.
The higher the ratio, the stronger the company's financial strength is.
Mangalore Refinery and Petrochemicals (NSE:MRPL) Interest Coverage Explanation
Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.
Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .
Mangalore Refinery and Petrochemicals Interest Coverage Related Terms
Mangalore Refinery and Petrochemicals Interest Coverage Historical Data
* 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.
Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.
Mangalore Refinery and Petrochemicals Interest Coverage Chart
NSE:MRPL vs VLO, MPC, PSX: Interest Coverage Comparison
For the Oil & Gas Refining & Marketing subindustry, Mangalore Refinery and Petrochemicals's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage vs Oil & Gas Industry
Mangalore Refinery and Petrochemicals Interest Coverage Calculation
Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:
* 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 (NSE:MRPL) has a Interest Coverage of 6.55 as of Mar. 2026. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mangalore Refinery and Petrochemicals and its competitors. This is 42% above median its historical median of 4.62. Over the past decade, Mangalore Refinery and Petrochemicals' Interest Coverage has ranged from 0.94 to 6.35. According to the industry distribution chart, Mangalore Refinery and Petrochemicals ranks #385 out of 731 companies in the Oil & Gas industry, placing it in the top 52.7%.
Is Mangalore Refinery and Petrochemicals' Interest Coverage too high?
Mangalore Refinery and Petrochemicals' current Interest Coverage of 6.55 is 42% above median its 10-year median of 4.62. Over the past 10 years, this metric has ranged from a low of 0.94 to a high of 6.35. The Oil & Gas industry median Interest Coverage is 5.89. Mangalore Refinery and Petrochemicals' value of 6.55 is 11.2% above this industry median. Based on the distribution chart, Mangalore Refinery and Petrochemicals ranks #385 out of 731 companies in the Oil & Gas industry, which is below the industry midpoint. Overall, Mangalore Refinery and Petrochemicals has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Mangalore Refinery and Petrochemicals' Interest Coverage compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Mangalore Refinery and Petrochemicals ranks #385 out of 731 companies for Interest Coverage. This places Mangalore Refinery and Petrochemicals in the lower half of its industry. The industry median Interest Coverage is 5.89. Mangalore Refinery and Petrochemicals' value of 6.55 is 11.2% above this benchmark. Historically, Mangalore Refinery and Petrochemicals' own Interest Coverage has ranged from 0.94 to 6.35 over the past decade. While the company's 10-year median is 4.62 vs. the industry median of 5.89, Mangalore Refinery and Petrochemicals has consistently been above 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 Interest Coverage for an Oil & Gas company?
The median Interest Coverage among Oil & Gas companies is 5.89, based on 731 companies in the industry. Companies in the top quartile (top 25%) have a Interest Coverage significantly above this median, while those in the bottom quartile fall well below. However, Interest Coverage should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mangalore Refinery and Petrochemicals's current Interest Coverage of 6.55 is 11.2% above 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 Interest Coverage mean?
A high Interest Coverage can signal that a stock is expensive relative to its fundamentals. Interest Coverage measures a company's capability to pay interest expenses on its debt. View historical data on Mangalore Refinery and Petrochemicals and its competitors. For the Oil & Gas industry, the median Interest Coverage is 5.89 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalore Refinery and Petrochemicals's current Interest Coverage is 6.55, which is 42% above median its own 10-year median of 4.62. 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 ₹153.93 — trading 10% above its estimated fair value. The current Interest Coverage is 6.55, which is 42% above median its 10-year median of 4.62 and 11.2% above the Oil & Gas industry median of 5.89. Mangalore Refinery and Petrochemicals' overall GF Score™ is 77/100 with 3 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Interest Coverage calculated?
Interest Coverage is calculated from a company's financial statements. For Mangalore Refinery and Petrochemicals (NSE:MRPL), the current Interest Coverage is 6.55 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 ₹153.93 is trading 10% above its estimated GF Value™ of ₹139.97.
GuruFocus considers Mangalore Refinery and Petrochemicals to be Fairly Valued.
Key valuation signals for NSE:MRPL:
Interest Coverage: 6.55 (42% above median its 10-year median of 4.62)
GF Value™: ₹139.97 vs. price of ₹153.93 (10% above fair value)
Industry Position: 11.2% above the Oil & Gas median (#385 of 731)
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
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.
77GF Score
Get the complete analysis for NSE:MRPL
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