Mangalore Refinery and Petrochemicals (NSE:MRPL) Operating Margin %: 5.80% (As of Mar. 2026) — Near Median


NSE:MRPL Mangalore Refinery and Petrochemicals Ltd NSE:MRPL
77 GF Score
Price ₹153.93
GF Value ₹140.08
Valuation Fairly Valued
! 3 Warning Signs
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What is Mangalore Refinery and Petrochemicals Operating Margin %?

Mangalore Refinery and Petrochemicals NSE:MRPL -1.47% 77 Operating Margin % is 5.80% as of Mar. 2026, which is 3% above its 10-year median of 5.63. GuruFocus rates NSE:MRPL with a GF Score™ of 77/100 and a GF Value™ of ₹140.08 (Fairly Valued). The stock has 3 warning signs investors should review. Among 916 Oil & Gas companies, Mangalore Refinery and Petrochemicals ranks worse than 54.48% on this metric.

Operating Margin % is calculated as Operating Income divided by its Revenue. Mangalore Refinery and Petrochemicals's Operating Income for the three months ended in Mar. 2026 was ₹13,881 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 Operating Margin % for the quarter that ended in Mar. 2026 was 5.80%.

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

NSE:MRPL' s Operating Margin % Range Over the Past 10 Years
Min: -6.63   Med: 5.63   Max: 13.9
Current: 5.32


NSE:MRPL's Operating Margin % is ranked worse than
54.48% of 916 companies
in the Oil & Gas industry
Industry Median: 6.86 vs NSE:MRPL: 5.32

Mangalore Refinery and Petrochemicals's 5-Year Average Operating Margin % Growth Rate was 0.00% per year.

Mangalore Refinery and Petrochemicals's Operating Income for the three months ended in Mar. 2026 was ₹13,881 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was ₹47,159 Mil.


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

Just like Gross Margin %, it is important to see a company maintains its operating margin over time. Among the same industry, a company with higher operating margin is more efficient in its operation. It is also more stable during industry slowdown or recessions. Peter Lynch prefers those with higher margins than those with lower margins.


Be Aware

Operating Margin % can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin % may decline. Often the Operating Margin % declines well before the company's Revenue or even profit decline. Therefore, Operating Margin % is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia’s Operating Margin % had already been in decline since 2002, although its Earnings per Share (Diluted) were still rising. Investors who paid attention to Operating Margin % would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin % is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Mangalore Refinery and Petrochemicals Operating Margin % Related Terms


Mangalore Refinery and Petrochemicals Operating Margin % Historical Data

* Premium members only.

The historical data trend for Mangalore Refinery and Petrochemicals's Operating 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 Operating Margin % Chart

Mangalore Refinery and Petrochemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
Operating Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.94 6.24 7.50 1.00 5.32

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
Operating 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 3.22 -1.06 4.93 9.69 5.80

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

For the Oil & Gas Refining & Marketing subindustry, Mangalore Refinery and Petrochemicals's Operating Margin %, along with its competitors' market caps and Operating 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 Operating Margin % vs Oil & Gas Industry

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

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


NSE:MRPL
77GF Score
Mangalore Refinery and Petrochemicals Ltd NSE:MRPL
Operating Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangalore Refinery and Petrochemicals Operating Margin % Calculation

Operating Margin % - also known as operating income margin, operating profit margin and return on sales (ROS) - is the ratio of Operating Income divided by net sales or Revenue, usually presented in percent.

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

Operating Margin %=Operating Income (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=47155.8 / 886674.9
=5.32 %

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

Operating Margin %=Operating Income (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=13880.7 / 239496.9
=5.80 %

* 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.

Frequently Asked Questions Learn more about Operating Margin % →
What does a Operating Margin % of 5.80% mean?
Mangalore Refinery and Petrochemicals (NSE:MRPL) has a Operating Margin % of 5.80% as of Mar. 2026. Operating margin is the ratio of total operating income to net sales. View historical data on Mangalore Refinery and Petrochemicals and its competitors. This is near median its historical median of 5.63. According to the industry distribution chart, Mangalore Refinery and Petrochemicals ranks #499 out of 916 companies in the Oil & Gas industry, placing it in the top 54.5%.
Is Mangalore Refinery and Petrochemicals' Operating Margin % too high?
Mangalore Refinery and Petrochemicals' current Operating Margin % of 5.80% is near median its 10-year median of 5.63. The Oil & Gas industry median Operating Margin % is 6.86. Mangalore Refinery and Petrochemicals' value of 5.80% is 15.5% below this industry median. Based on the distribution chart, Mangalore Refinery and Petrochemicals ranks #499 out of 916 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' Operating Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Mangalore Refinery and Petrochemicals ranks #499 out of 916 companies for Operating Margin %. This places Mangalore Refinery and Petrochemicals in the lower half of its industry. The industry median Operating Margin % is 6.86. Mangalore Refinery and Petrochemicals' value of 5.80% is 15.5% below this benchmark. While the company's 10-year median is 5.63 vs. the industry median of 6.86, 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 Operating Margin % for an Oil & Gas company?
The median Operating Margin % among Oil & Gas companies is 6.86, based on 916 companies in the industry. Companies in the top quartile (top 25%) have a Operating Margin % significantly above this median, while those in the bottom quartile fall well below. However, Operating Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mangalore Refinery and Petrochemicals's current Operating Margin % of 5.80% is 15.5% 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 Operating Margin % mean?
A high Operating Margin % can signal that a stock is expensive relative to its fundamentals. Operating margin is the ratio of total operating income to net sales. View historical data on Mangalore Refinery and Petrochemicals and its competitors. For the Oil & Gas industry, the median Operating Margin % is 6.86 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalore Refinery and Petrochemicals's current Operating Margin % is 5.80%, which is near median its own 10-year median of 5.63. 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 ₹140.08, compared to a current price of ₹153.93 — trading 9.9% above its estimated fair value. The current Operating Margin % is 5.80%, which is near median its 10-year median of 5.63 and 15.5% below the Oil & Gas industry median of 6.86. 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 Operating Margin % calculated?
Operating Margin % is calculated from a company's financial statements. For Mangalore Refinery and Petrochemicals (NSE:MRPL), the current Operating Margin % is 5.80% 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 9.9% above its estimated GF Value™ of ₹140.08. GuruFocus considers Mangalore Refinery and Petrochemicals to be Fairly Valued.

Key valuation signals for NSE:MRPL:

  • Operating Margin %: 5.80% (near median its 10-year median of 5.63)
  • GF Value™: ₹140.08 vs. price of ₹153.93 (9.9% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 15.5% below the Oil & Gas median (#499 of 916)

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.
77GF Score

Get the complete analysis for NSE:MRPL

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

₹153.93
Price
₹140.08
GF Value