Mangalore Refinery and Petrochemicals (NSE:MRPL) ROE %: 3.30% (As of Mar. 2026) — 81% Below 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 ROE %?

Mangalore Refinery and Petrochemicals NSE:MRPL -1.47% 77 ROE % is 3.30% as of Mar. 2026, which is 81% below its 10-year median of 17.18. 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 957 Oil & Gas companies, Mangalore Refinery and Petrochemicals ranks better than 74.82% on this metric.

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Mangalore Refinery and Petrochemicals's annualized net income for the quarter that ended in Mar. 2026 was ₹4,678 Mil. Mangalore Refinery and Petrochemicals's average Total Stockholders Equity over the quarter that ended in Mar. 2026 was ₹141,969 Mil. Therefore, Mangalore Refinery and Petrochemicals's annualized ROE % for the quarter that ended in Mar. 2026 was 3.30%.

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

NSE:MRPL' s ROE % Range Over the Past 10 Years
Min: -41.15   Med: 17.18   Max: 51.64
Current: 14.26

During the past 13 years, Mangalore Refinery and Petrochemicals's highest ROE % was 51.64%. The lowest was -41.15%. And the median was 17.18%.

NSE:MRPL's ROE % is ranked better than
74.82% of 957 companies
in the Oil & Gas industry
Industry Median: 5.71 vs NSE:MRPL: 14.26

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

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=4678.4/141968.7
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(4678.4 / 957987.6)*(957987.6 / 444812.3)*(444812.3 / 141968.7)
=Net Margin %*Asset Turnover*Equity Multiplier
=0.49 %*2.1537*3.1332
=ROA %*Equity Multiplier
=1.06 %*3.1332
=3.30 %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Mar. 2026 )
=Net Income/Total Stockholders Equity
=4678.4/141968.7
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (4678.4 / 49325.2) * (49325.2 / 55522.8) * (55522.8 / 957987.6) * (957987.6 / 444812.3) * (444812.3 / 141968.7)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 0.0948 * 0.8884 * 5.8 % * 2.1537 * 3.1332
=3.30 %

Note: The net income data used here is four times the quarterly (Mar. 2026) net income data. The Revenue data used here is four times the quarterly (Mar. 2026) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their ROE %s can be extremely high.


Mangalore Refinery and Petrochemicals ROE % Related Terms


Mangalore Refinery and Petrochemicals ROE % Historical Data

* Premium members only.

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

Mangalore Refinery and Petrochemicals Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24 Mar25 Mar26
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 51.64 31.10 31.08 0.43 14.17

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
ROE % 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 11.43 -8.35 18.84 43.58 3.30

NSE:MRPL vs VLO, MPC, PSX: ROE % Comparison

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

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

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


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

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

ROE %=Net Income (A: Mar. 2026 )/( (Total Stockholders Equity (A: Mar. 2025 )+Total Stockholders Equity (A: Mar. 2026 ))/ count )
=19245.8/( (129696.47+141968.7)/ 2 )
=19245.8/135832.585
=14.17 %

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

ROE %=Net Income (Q: Mar. 2026 )/( (Total Stockholders Equity (Q: Dec. 2025 )+Total Stockholders Equity (Q: Mar. 2026 ))/ count )
=4678.4/( (0+141968.7)/ 1 )
=4678.4/141968.7
=3.30 %

* 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.

In the calculation of annual ROE %, the net income of the last fiscal year and the average total shareholder equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Mar. 2026) net income data. ROE % is displayed in the 30-year financial page.

Frequently Asked Questions Learn more about ROE % →
What does a ROE % of 3.30% mean?
Mangalore Refinery and Petrochemicals (NSE:MRPL) has a ROE % of 3.30% as of Mar. 2026. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mangalore Refinery and Petrochemicals and its competitors. This is 81% below median its historical median of 17.18. According to the industry distribution chart, Mangalore Refinery and Petrochemicals ranks #241 out of 957 companies in the Oil & Gas industry, placing it in the top 25.2%.
Is Mangalore Refinery and Petrochemicals' ROE % too high?
Mangalore Refinery and Petrochemicals' current ROE % of 3.30% is 81% below median its 10-year median of 17.18. The Oil & Gas industry median ROE % is 5.71. Mangalore Refinery and Petrochemicals' value of 3.30% is 42.2% below this industry median. Based on the distribution chart, Mangalore Refinery and Petrochemicals ranks #241 out of 957 companies in the Oil & Gas industry, which is above 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' ROE % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, Mangalore Refinery and Petrochemicals ranks #241 out of 957 companies for ROE %. This puts Mangalore Refinery and Petrochemicals in the upper half of its industry. The industry median ROE % is 5.71. Mangalore Refinery and Petrochemicals' value of 3.30% is 42.2% below this benchmark. While the company's 10-year median is 17.18 vs. the industry median of 5.71, 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 ROE % for an Oil & Gas company?
The median ROE % among Oil & Gas companies is 5.71, based on 957 companies in the industry. Companies in the top quartile (top 25%) have a ROE % significantly above this median, while those in the bottom quartile fall well below. However, ROE % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Mangalore Refinery and Petrochemicals's current ROE % of 3.30% is 42.2% 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 ROE % mean?
A high ROE % can signal that a stock is expensive relative to its fundamentals. Return on equity is the ratio of current-period net income to average two-period total equity. View historical data on Mangalore Refinery and Petrochemicals and its competitors. For the Oil & Gas industry, the median ROE % is 5.71 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Mangalore Refinery and Petrochemicals's current ROE % is 3.30%, which is 81% below median its own 10-year median of 17.18. 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 ROE % is 3.30%, which is 81% below median its 10-year median of 17.18 and 42.2% below the Oil & Gas industry median of 5.71. 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 ROE % calculated?
ROE % is calculated from a company's financial statements. For Mangalore Refinery and Petrochemicals (NSE:MRPL), the current ROE % is 3.30% 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:

  • ROE %: 3.30% (81% below median its 10-year median of 17.18)
  • GF Value™: ₹140.08 vs. price of ₹153.93 (9.9% above fair value)
  • GF Score™: 77/100 with 3 warning signs
  • Industry Position: 42.2% below the Oil & Gas median (#241 of 957)

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

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

₹153.93
Price
₹140.08
GF Value