A loss of ₹271 crore a year ago, a profit of ₹946 crore this year. MRPL’s April–June 2026 number is dramatic, and it is also easy to misread, because a big part of it was a one-off gain.
The 2025 target year has already passed. We do not present an old target as a current forecast. This page shows where the company stands now and what a 2030 view could look like.
Quick answer
No one can say what the MRPL share price will be in 2030. Starting from about ₹175 and assuming 0%, 8% or 15% growth a year, the example prices for 2030 are ₹175, ₹240 or ₹305. These show how compounding works. They are not forecasts.
Where the stock stands
| Item | Figure |
|---|---|
| Results day (16 July 2026) | rose about 9% to 13% intraday; high near ₹178.4 |
| Latest price we found (22–23 July 2026) | ₹174.66 |
| 52-week range | ₹120.40 to ₹212.31 |
What the April–June 2026 results show
| Measure | Apr–Jun 2026 | Comparison |
|---|---|---|
| Net profit (consolidated) | about ₹945.7 crore | loss of ₹270.7 crore a year earlier |
| Revenue | about ₹41,609 crore | about +98% year on year (one outlet quotes +46%, which is the quarterly change) |
| One-time gain included | ₹471.76 crore | price revision on earlier supplies |
| Earnings per share | ₹5.40 | loss of ₹1.54 a year earlier |
| Refinery throughput | 4.43 million tonnes | about +25.9% year on year |
EBITDA is reported differently: some outlets show about ₹1,860 crore and others about ₹1,318 crore. We leave it out. Without the one-time gain, profit would have been about ₹474 crore, still far better than a loss.
Why refinery profit is hard to predict
A refinery earns the gap between what it pays for crude oil and what it sells fuels for. That gap, called the refining margin, can change quickly. One strong quarter does not mean the next will repeat it, so a long-term target on this stock is mostly a guess about oil and fuel margins.
Scenarios for 2030
The formula is simple: future price = starting price × (1 + yearly growth) ^ number of years. The growth rates below are examples picked to show a range. They are not analyst targets.
- Cautious (0% a year): margins fall back and profit returns to weaker levels.
- Steady (8% a year): throughput stays high and margins are average.
- Strong (15% a year): margins stay strong for years and new projects help.
| Year | Cautious (0% a year) | Steady (8% a year) | Strong (15% a year) |
|---|---|---|---|
| 2027 | ₹175 | ₹190 | ₹200 |
| 2028 | ₹175 | ₹205 | ₹230 |
| 2029 | ₹175 | ₹220 | ₹265 |
| 2030 | ₹175 | ₹240 | ₹305 |
What could help
- Higher refinery volumes (throughput up about 26%).
- Good refining margins.
- Support from its parent, a large oil and gas PSU.
What could hurt
- Volatile refining margins.
- One-time gains inflating profit.
- Crude oil price swings.
- Government pricing and policy decisions.
What ₹1,00,000 could become (example)
| Scenario | Yearly growth assumed | Value in 2030 | Gain |
|---|---|---|---|
| Cautious | 0% | ₹1,00,000 | +₹0 |
| Steady | 8% | ₹1,37,100 | +₹37,100 |
| Strong | 15% | ₹1,74,300 | +₹74,300 |
What to track every quarter
- Revenue and net profit compared with the same quarter last year.
- Operating margin (EBITDA margin) and whether it is rising or falling.
- Debt level and interest cost.
- Order book or new deals, if the company reports them.
- Promoter holding and any pledge of shares.
- Dividend and other corporate announcements on NSE and BSE.
Key terms in simple words
| Term | Meaning |
|---|---|
| EBITDA | Profit from operations before interest, tax and depreciation. |
| PAT | Profit after tax, the profit left for owners. |
| 52-week range | The lowest and highest price in the last year. |
| Compounding | Growth on growth: each year’s gain is added to the base for the next year. |
How we prepared this article
We collect numbers from company results, exchange filings where available and public news and price pages, and we note the date of each price. Where sources disagree, we say so instead of picking one quietly. Scenario tables use a simple formula and are examples, not predictions. We do not take payment to publish targets. Found a mistake? Tell us and we will correct it.
Frequently asked questions
What is the MRPL share price target for 2030?
No dependable single number exists. The example range is about ₹175 to ₹305 from ₹175 using 0% to 15% yearly growth.
Was the ₹946 crore profit real?
It was reported, but about ₹472 crore came from a one-time gain related to earlier price revisions.
What happened to the 2025 target?
2025 has passed. Use historical prices for comparison.
How often is this article updated?
We review it after each quarterly result and when major company news arrives. The review date is shown at the bottom of the page.
Where can I check the live share price?
On the NSE and BSE websites or in your broker’s app. Prices on this page carry a date and may be delayed.
Are the scenarios an analyst target?
No. They are simple examples built from one formula and different growth rates. Real prices can be far above or below them.
Conclusion
MRPL moved from loss to profit and its volumes are up. The one-time gain and volatile margins mean a long-term target is mostly a guess. Follow margins, throughput and one-off items each quarter.
Related reading: Patanjali Foods share price target, RVNL share price target 2030.
Watch: a related video
Video by Dave’s Capital: MRPL Mangalore Refinery and Petrochemicals Q3FY26 Earnings Concall. This is a third-party video about an earlier quarter than the one on this page and is shown for learning only. It is not investment advice.
Sources
- Free Press Journal: MRPL Q1 profit
- Sahi: MRPL standalone Q1 FY27
- Angel One: MRPL share price jumps after Q1 FY27
- Kotak Neo: MRPL Q1 FY27 results
- NSE India and BSE India
Price data as of late July 2026 (about 2.5 months old). Results data for the quarter ended 30 June 2026. Last reviewed 13 October 2026.
Disclaimer: This article is for education only. Share prices and forecasts can change, and past performance does not guarantee future results. It is not personal investment advice, and SharePriceHub is not a SEBI-registered adviser. Please check current information on official sources and speak to a qualified financial adviser before you invest. Read the full disclaimer.
