Mangalore Refinery and Petrochemicals Ltd Share Price Target From 2025 to 2030

Mangalore Refinery and Petrochemicals Ltd (MRPL), a subsidiary of ONGC, is one of India’s leading refinery companies. Known for its high refining capacity and operational efficiency, MRPL plays a crucial role in India’s energy ecosystem. With rising fuel demand, improved GRMs, and strategic expansion plans, MRPL continues to gain investor interest on both NSE and BSE.
In this article, we’ll explore MRPL’s latest share price performance and projected share price targets from 2025 to 2030.

Let’s understand MRPL’s fundamentals, business outlook, and future predictions.

Mangalore Refinery and Petrochemicals Ltd Share Price Today

About Mangalore Refinery and Petrochemicals Ltd

Established in 1988, MRPL is a Category-I Miniratna government company operating a modern refinery with advanced secondary processing units. The company primarily produces LPG, diesel, petrol, aviation fuel, and other petrochemicals. With ONGC holding a majority stake, MRPL maintains strong operational support, raw material security, and financial stability.

Key Highlights

• A leading refinery with advanced processing technologies

• Strong backing from ONGC

• Rising demand for petrochemical and aviation fuels

• Strategic focus on energy efficiency and clean fuel production

• Strong performance during high refining margin cycles

MRPL Shareholding Pattern

MRPL’s exceptionally high promoter holding of 88.58% indicates strong confidence, while retail participation remains moderate.

MRPL Share Price Target 2025 to 2030

These projections consider MRPL’s refining margins, crude oil price trends, expansion plans, and market performance near its 52-week high.

Year-Wise Analysis & Investment Outlook

MRPL Share Price Target 2025: ₹180 – ₹195

In 2025, MRPL is expected to show stable growth supported by refining margin improvement and consistent fuel demand.

Why?

• Strong oil consumption across India

• Stable GRMs due to global supply adjustments

• High trading volume and positive price momentum

Investment Advice: Good for short- to medium-term investors looking for sector-linked gains.

MRPL Share Price Target 2026: ₹200 – ₹225

The company may benefit from demand recovery in aviation fuel and growing petrochemical consumption.

Why?

• Higher utilization levels at refinery

• Rising demand for diesel and gasoline

• Operational support from ONGC ensuring stability

Investment Advice: Hold for consistent returns; monitor crude price volatility.

MRPL Share Price Target 2027: ₹230 – ₹255

By 2027, MRPL could see stronger earnings driven by capacity enhancements and improved product mix.

Why?

• Potential expansion in petrochemical output

• Increase in export volumes

• Strengthened operational efficiency

Investment Advice: Suitable for long-term investors aligned with energy sector growth.

MRPL Share Price Target 2028: ₹260 – ₹295

MRPL may break into higher valuation territory as global energy demand grows.

Why?

• Upgraded refinery operations

• Stable domestic demand for fuels

• Strong promoter backing

Investment Advice: Long-term potential remains strong, especially for diversified portfolios.

MRPL Share Price Target 2029: ₹290 – ₹330

Continued economic expansion and increased industrial activity could boost refiners like MRPL.

Why?

• Improved profitability during peak demand cycles

• Higher export realisations

• Strong market confidence due to low float and high promoter control

Investment Advice: Medium- to long-term holding recommended.

MRPL Share Price Target 2030: ₹320 – ₹370

By 2030, MRPL may record significant growth if crude markets remain favorable and demand stays strong.

Why?

• Long-term energy consumption growth

• Strategic importance of refinery companies in India

• Potential revenue boost from petrochemical diversification

Investment Advice: Good for long-term wealth creation with moderate risk.

Should You Invest in MRPL for the Long Term?

MRPL has shown resilience during volatile crude cycles and remains financially strong due to ONGC’s backing. With rising demand for refined fuels and petrochemical products, MRPL has long-term growth potential.

Key Reasons to Consider MRPL:

• High promoter confidence (88.58%)

• Attractive valuations during market dips

• Strong refining capability and product diversification

• Stable domestic demand for transportation and industrial fuels

Risks to Consider:

• High volatility due to crude price fluctuations

• Government pricing policies

• Global geopolitical events affecting crude supply

Investors should consult a certified financial advisor before making any decisions.

Conclusion

Mangalore Refinery and Petrochemicals Ltd is a key player in India’s energy sector with strong fundamentals and robust promoter backing. With a market cap of ₹28,879 Cr and stable performance around its recent highs, MRPL appears well-positioned for future growth. Based on current data and industry trends, the stock may reach ₹370 by 2030.

For long-term investors seeking exposure to the energy and refinery sector, MRPL can be a solid addition to the portfolio.

Frequently Asked Questions (FAQs)

1. What is the next target of MRPL?
The next expected target ranges between ₹180 and ₹195 depending on market movement.

2. What is the share price target for MRPL in 2025?
The estimated 2025 target is ₹180 – ₹195.

3. What is MRPL’s 2030 target?
The projected 2030 target is ₹320 – ₹370.

4. What is MRPL’s 52-week high?
The 52-week high is ₹185.00.

5. Is MRPL good for long-term investment?
Yes, it has strong fundamentals and promoter support, making it suitable for long-term holdings.

6. What is the risk factor in MRPL?
The main risk is crude oil price volatility, which can affect refining margins.

7. How can I invest in MRPL?
You can buy the stock through any registered broker on NSE or BSE.

Disclaimer: This article is for educational purposes only. Please seek professional financial advice before investing.