SEBI Reg. Investment Advisor

Download App

MoneyWorks4Me

Oil ministry envisage MRPL’s capacity to increase to 18 MMTPA

15 Dec 2012 Evaluate

The Oil minister has envisaged capacity of Mangalore Refinery and Petrochemicals (MRPL) to be increased from 15 million metric tonne per annum (MMTPA) to 18 MMTPA by 2016-17. Pursuant to de-licensing of refinery sector since June, 1998, a refinery can be set up anywhere in India or its capacity augmented by a Private or Public Sector Enterprise depending on techno-commercial viability.

MRPL is a joint venture oil refinery promoted by Hindustan Petroleum Corporation (HPCL), a public sector company and IRIL & Associates (AV Birla Group). It has a design capacity to process 9.69 million metric tonnes per annum and is the only refinery in India to have two hydrocrackers producing Premium Diesel (High Cetane).

The company has reported a net profit at Rs 1185.11 crore for the quarter ended September 30, 2012 as compared to a net loss of Rs 24.13 crore for the same quarter in the previous year. Total income of the company has increased by 40.87% at Rs 16630.56 crore for quarter under review as compared to Rs 11805.67 crore for the quarter ended September 30, 2011.

MRPL Share Price

183.20 8.25 (4.72%)
17-Apr-2026 16:59 View Price Chart
Peers
Company Name CMP
Reliance Industries 1365.10
Indian Oil Corp. 145.85
BPCL 312.05
HPCL 370.95
MRPL 183.20
View more..

About MoneyWorks4Me

MoneyWorks4Me is a SEBI-registered Investment Adviser (IA) dedicated to helping investors build long-term wealth through transparent, research-driven, conflict-free guidance. Founded in 2008, we started our journey as a Research Analyst (RA), providing deep fundamental analysis, intrinsic value insights, and long-term investing frameworks for Indian equities. In 2017, we transitioned to a full-fledged SEBI-registered Investment Adviser, strengthening our commitment to acting as a fiduciary—always putting the investor’s interest first.

Our Vision

To become India’s most trusted, research-powered fiduciary advisory platform—where every investor, regardless of experience, can make calm, confident, and well-reasoned investment decisions.

What Makes MoneyWorks4Me Different

Our Approach: Ensuring compounding work its magic on client portfolio.

MoneyWorks4Me ensures this through:

×