If you are wondering about which share will be best for investment in recent times then you should have an idea about MRPL Share Price Target. Today in this article we will explain the basic idea about the MRPL Share Price Target 2025, 2027, and 2030. Based on our research and advice from experts make this blog about the company’s growth, performance, etc.
In this article, we will describe the company’s financial growth, the business policy of the company, the shareholding pattern of the company, and the forecast share price yearly. MRPL Share Price Target is a trading share in the share market. We use expert research and analysis to understand the MRPL Share Price Target. This article may be useful to those who want to invest in this share. Let’s explore the MRPL Share Price Target 2025 to 2030.
Read More: Adani Green Share Price Target 2025 to 2050.
Introduction
MRPL (Mangalore Refinery and Petrochemical Limited), is a branch of Oil and Natural Gas. The business is located in Mangaluru, Karnataka, a lovely hilly area. Petroleum goods such as Naptha, LPG, Motor Spirit, High-speed Diesel, Kerosene, Sulfur, Xylene, Polypropylene, and aircraft turbine fuel are the company’s Major products.
Overview
Under the Ministry of Petroleum and Natural Gas, Mangalore Refinery and Petrochemical Limited Company is classified as a Category 1 Miniratna Central Public Sector Enterprise (CPSE). The MRPL Company was founded on March 7th, 1988. Before becoming a public sector organization under ONGC, MRPL was a combined private sector enterprise. The goal of MRPL Company is to rank among the leading petrochemical and refining firms.
Name of Company | Mangalore Refinery and Petrochemical Limited(MRPL) |
Market Cap | ₹43,755 Crore |
Book value | ₹76.23 |
Face Value | ₹10 |
52 week high | ₹290.12 |
52 week low | ₹80 |
NSE sine | MRPL |
Financial Data analysis
To understand the company’s performance, we need to consider its PE ratio, return on assets, current ratio, and return on equity. The following section will discuss these parameters. The target share price for MRPL is also influenced by these ratios.
PE Ratio | Return on assets( ROA) | Current ratio | Return on equity(ROE) |
11.72 | 7% | 1% | 31% |
MRPL Share Price Target 2024
With increasing globalization, most organizations now prefer to use natural gas as their primary energy source. The automotive industry primarily considers natural gas as their primary energy source. In addition, natural gas is utilized to generate energy, heat, and cool buildings, among other things. In this scenario, businesses such as MRPL take action to generate natural gas while simultaneously making money. Over the past three years, the company’s earnings increase has been 42.12%.
Year | MRPL Share Price Target 2024 |
1st Price Target | 225 |
2nd Price Target | 315 |
MRPL Share Price Target 2025
In a collaboration between MRPL and Shell Gas B.V. (shell), Shell MRPL Aviation Fuels and Services Limited (SMA) provides aviation turbine fuel for airlines and is based in the Netherlands. Through the SMA organization, the MRPL Company also exported ATF (Automatic Transmission Fluid) to various airports in Mangalore, Chennai, Kannur, Bengaluru, and Goa. The need for MRPL Company is growing along with the daily demand for ATF.
Year | MRPL Share Price Target 2025 |
1st Price Target | 325 |
2nd Price Target | 415 |
MRPL Share Price Target 2027
The MRPL Company’s 89% promoter holding capacity is likewise quite good, which is extremely encouraging for the company’s expansion. Since MRPL Company is well-established in the oil and gas industry and has been around for a long time, many wise investors are interested in purchasing shares. The company’s 6.67% money turnover ratio is likewise strong. As of April 21, 2023, the overall turnover amount for the fiscal year 2022–2023 grew to ₹1,20,597 Crore.
Year | MRPL Share Price Target 2027 |
1st Price Target | 575 |
2nd Price Target | 675 |
MRPL Share Price prediction 2030
Crude oil has been used more and more in recent years. Petrol, diesel, kerosene, paraffin, heavy fuel oil, LPG gas, feedstock for petrochemicals, and lubricants are also produced from crude oil. The Indian government is also becoming increasingly interested in using crude oil to produce gasoline and diesel. Because of this, the Mangalore Refinery and Petrochemical Ltd. Company began to expand as well, and it will continue to do so in the future.
Year | MRPL Share Price Target 2030 |
1st Price Target | 820 |
2nd Price Target | 935 |
The company’s interest cover ratio is 4.12% despite having some debt. The MRPL Share Price Target will benefit from long-term investments, but you can get professional guidance before making a purchase. The first price target is ₹820, while the second price target is ₹935, according to the MRPL Share Price Target 2030 share price forecast.
MRPL Share Price prediction 2040
By 2040, if MRPL Share Price sustains its average growth rate over the past decade, the stock could reach ₹1460 Should this forecast come true, it would mark an 180.53% rise from its current value.
MRPL Share Price prediction 2040
According to projections, the MRPL Share price target for 2050 is set at ₹3510, assuming the company maintains the same average annual growth rate observed over the past decade.
Advantages and Disadvantages Of MRPL
Every share offers various benefits as well as drawbacks. Thus, the following list of benefits and drawbacks equally applies to the MRPL Share Price Target.
Advantages
- The organization has an excellent 89% Promoter Holding capacity, which supports its expansion.
- The company’s expansion is further aided by its strong profit growth of 42.32%. The company’s growth is reflected in the rising MRPL Share Price Target.
- The business is growing without any promises from promoters.
- The company’s excellent cash flow ratio makes it easier to allocate funds for production.
- Over the past two years, book value has also increased.
Disadvantages
- Over the previous three years, the company’s EBITDA margin has been a meager 1.30%.
FAQs
Who is the CEO of MRPL ?
Mr. Yogesh Patel is the CEO of MRPL Company.
What is the MRPL share price target for 2024?
The first price target is ₹225, and the second price target is ₹315, according to the share price forecast, MRPL Share Price Target 2024.
What is the MRPL share price target for 2025?
The first price target is ₹325, while the second price target is ₹415, according to the MRPL Share Price Target 2025 share price forecast.
What is the MRPL share price target for 2030?
The first price target is ₹820, while the second price target is ₹935, according to the MRPL Share Price Target 2030 share price forecast.
What is the MRPL share price target for 2040?
The first price target is ₹1080, while the second price target is ₹1220, according to the MRPL Share Price Target 2040 share price forecast.
Conclusion
We hope https://pricepredictionhub.com/ will provide you with some fundamental knowledge on the MRPL Share Price Target. We make sure that, over time, the MRPL Share Price Target may rise to an extremely high position by conducting the necessary research and consulting with specialists. MRPL is mostly associated with the field of oil and gases. Thus, as the need for this industry grows, so does the share’s potential for future profit.
You are welcome to share this website if you believe it will be useful to you. Please use the comment box to ask any questions you may have, and we will do our best to address them and find a solution. We appreciate you coming to our website and staying with us.
Disclaimer:
This prediction is for informational purposes only and should not be considered financial advice. Share price forecasts are Hypothetical and subject to change based on market conditions and other factors. Always conduct your research and consult with a financial advisor before making investment decisions. Past performance does not always guarantee future results.