Mangalore Refinery and Petrochemicals (NSE:MRPL) ROCE %: 22.70% (As of Mar. 2026)


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 ROCE %?

Mangalore Refinery and Petrochemicals NSE:MRPL -1.47% 77 ROCE % is 22.70% as of Mar. 2026. 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.

ROCE % measures how well a company generates profits from its capital. It is calculated as EBIT divided by Capital Employed, where Capital Employed is calculated as Total Assets minus Total Current Liabilities. Mangalore Refinery and Petrochemicals's annualized ROCE % for the quarter that ended in Mar. 2026 was 22.70%.

Mangalore Refinery and Petrochemicals  (NSE:MRPL) ROCE % Explanation

ROCE % can be especially useful when comparing the performance of capital-intensive companies. Unlike ROE %, which indicates the profitability of Shareholders Equity, ROCE % also considers long-term debt in Capital Employed. This can be helpful when analyzing companies with significant debt, as the result is neutralized by taking debt into consideration.

Generally speaking, a higher ROCE % indicates a stonger profitability for a company. Moreover, it is important to look at the ratio from a long term perspective. Investors tend to favor companies with stable and rising ROCE % trend over those with volatile ones.

Mangalore Refinery and Petrochemicals ROCE % Related Terms

Mangalore Refinery and Petrochemicals ROCE % Historical Data

* Premium members only.

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

Mangalore Refinery and Petrochemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROCE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.79 23.56 28.60 4.98 20.66

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
ROCE % 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 15.09 -2.60 20.87 43.05 22.70
NSE:MRPL
77GF Score
Mangalore Refinery and Petrochemicals Ltd NSE:MRPL
ROCE % is just one metric. See GF Score™, valuation, warning signs, and more.
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Mangalore Refinery and Petrochemicals ROCE % Calculation

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

ROCE %=EBIT/( (Capital Employed+Capital Employed)/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(A: Mar. 2026 )  (A: Mar. 2025 )(A: Mar. 2026 )
=49221.3/( ( (344348.66 - 122398.41) + (444812.3 - 190160.2) )/ 2 )
=49221.3/( (221950.25+254652.1)/ 2 )
=49221.3/238301.175
=20.66 %

Mangalore Refinery and Petrochemicals's ROCE % of for the quarter that ended in Mar. 2026 is calculated as:

ROCE %=EBIT (1)/( (Capital Employed+Capital Employed)/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=EBIT/( ( (Total Assets - Total Current Liabilities)+(Total Assets - Total Current Liabilities) )/ count )
(Q: Mar. 2026 )  (Q: Dec. 2025 )(Q: Mar. 2026 )
=57800/( ( (0 - 0) + (444812.3 - 190160.2) )/ 1 )
=57800/( ( 0 + 254652.1 )/ 1 )
=57800/254652.1
=22.70 %

(1) Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT 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.

Frequently Asked Questions Learn more about ROCE % →
What does a ROCE % of 22.70% mean?
Mangalore Refinery and Petrochemicals (NSE:MRPL) has a ROCE % of 22.70% as of Mar. 2026.
Is Mangalore Refinery and Petrochemicals' ROCE % too high?
Mangalore Refinery and Petrochemicals' current ROCE % is 22.70%. The Oil & Gas industry median ROCE % is 6.79. Mangalore Refinery and Petrochemicals' value of 22.70% is 234.3% above this industry median. 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' ROCE % compare to VLO and MPC?
Mangalore Refinery and Petrochemicals' ROCE % of 22.70% can be compared against companies in the Oil & Gas industry. The industry median ROCE % is 6.79. Mangalore Refinery and Petrochemicals' value of 22.70% is 234.3% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good ROCE % for an Oil & Gas company?
The median ROCE % among Oil & Gas companies is 6.79, based on 977 companies in the industry. Companies in the top quartile (top 25%) have a ROCE % significantly above this median, while those in the bottom quartile fall well below. However, ROCE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mangalore Refinery and Petrochemicals's current ROCE % of 22.70% is 234.3% 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 ROCE % mean?
A high ROCE % can signal that a stock is expensive relative to its fundamentals. For the Oil & Gas industry, the median ROCE % is 6.79 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalore Refinery and Petrochemicals's current ROCE % is 22.70%. 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 ROCE % is 22.70% and 234.3% above the Oil & Gas industry median of 6.79. 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 ROCE % calculated?
ROCE % is calculated from a company's financial statements. For Mangalore Refinery and Petrochemicals (NSE:MRPL), the current ROCE % is 22.70% 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:

  • ROCE %: 22.70%
  • GF Value™: ₹140.08 vs. price of ₹153.93 (9.9% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 234.3% above the Oil & Gas median

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

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

₹153.93
Price
₹140.08
GF Value