Mangalore Refinery and Petrochemicals Ltd

MRPL’s Strategic Growth: Bio-ATF Plant, Retail Expansion & Strong Q3 Results 📈

- EBITDA for Q3 FY25: ₹2,824 Cr (vs. ₹1,064 Cr in Q3 FY24).

- Energy efficiency (MBN) hits record 6.7; fuel & loss at just 0.06%.

- Bio-ATF plant (₹364 Cr investment) to supply blended fuel globally from 2027.

- Retail outlets now at 200, targeting 250 by FY-end and 500 in 3 years.

- Debt stands at ₹9,290 Cr (debt-equity ratio: 0.63); NCDs due only in 2028.

- Annual CAPEX target: ~₹1,500 Cr (₹887 Cr spent till Dec).

- Exploring Venezuelan crude; 40% sourcing from Middle East (no Russian imports).

- Won Innovation Award at Energy Technology Meet for 4 straight years.

- Dividend payout under consideration, pending Q4 performance & board approval.