Mangalore Refinery and Petrochemicals Ltd - Company Profile
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Mangalore Refinery and Petrochemicals Ltd (MRPL) a subsidiary of Oil and Natural Gas Corporation Ltd, is a Category 1 Miniratna Central Public Sector Enterprise under the Ministry of Petroleum & Natural Gas. MRPL's main activities include refining crude oil and producing a wide range of petroleum products. The company's major products include Naphtha, LPG, Motor Spirit, High-Speed Diesel, Kerosene, Aviation Turbine Fuel, Sulphur, Xylene, Bitumen, Pet Coke, and Polypropylene. MRPL operates the Novolen gas-phase Polypropylene Plant and an Aromatic Complex producing Para Xylene and Benzene. The company's products serve various industries, including aviation, automotive, and petrochemicals. MRPL has a joint venture with Shell Gas B.V., which markets aviation turbine fuel to domestic and international airlines. The company operates in multiple locations, including depots in Kasargod, Hindupur, and Hosur, and supplies products to various airports across India. MRPL is headquartered in Mangaluru, Karnataka, India.
Headquarters
India
Address
Kuthethoor Post, Via Katipalla, Mangalore, Karnataka, 575030
Website
www.mrpl.co.in
Telephone
91 824 2270400
No of Employees
2,530
Industry
Energy and Utilities
Ticker Symbol & Exchange
MRPL (NSE)
Revenue (2024)
$13.1B
3.9%
(2024 vs 2023)
EPS
XYZ
Net Income (2024)
XYZ
-98.4%
(2024 vs 2023)
Market Cap*
$2.8B
Net Profit Margin (2024)
XYZ
-98.5%
(2024 vs 2023)
* As of and is in US$
Mangalore Refinery and Petrochemicals Ltd premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Liquid Petroleum Gas | Refining and Processing | HiQ |
| Polypropylene | Retail Stations | MRPL |
| Motor Spirit VI | ||
| XYZ | ||
| XYZ | ||
| XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Plans/Strategy | In July, the company announced its plans to sell around 240,000 metric tons of jet fuel term supplies. |
| 2024 | Others | In March, the company's Board of Directors approved the acquisition of 1,34,80,000 shares of Mangalore SEZ Ltd (MSEZ) from IL&FS. |
| 2024 | Contracts/Agreements | In March, the company through its KG-DWN 98/2 Block received the first shipment of crude oil from Oil and Natural Gas Corp Ltd. |
Competitor Comparison
| Key Parameters | Mangalore Refinery and Petrochemicals Ltd | Reliance Industries Ltd | Indian Oil Corp Ltd | Bharat Petroleum Corp Ltd | Nayara Energy Ltd |
|---|---|---|---|---|---|
| Headquarters | India | India | India | India | India |
| City | Mangalore | Mumbai | New Delhi | Mumbai | Mumbai |
| State/Province | Karnataka | Maharashtra | Delhi | Maharashtra | Maharashtra |
| No. of Employees | 2,530 | 403,303 | 29,941 | 8,747 | 3,500 |
| Entity Type | Public | Public | Public | Public | Private |
Key Financial Charts
Sales Growth
Net Income Growth
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Devendra Kumar | Director - Finance; Chief Financial Officer | Executive Board | 2025 | - |
| Arun Kumar Singh | Chairman | Non Executive Board | 2022 | - |
| Nandakumar Velayudhan Pillai | Director - Refinery | Executive Board | 2024 | - |
| Mundkur Shyamprasad Kamath | Managing Director | Executive Board | - | - |
| Buri Parasuramu | General Manager - Finance | Senior Management | - | - |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2026 | XY |
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