Is Mangalore Refinery and Petrochemicals Ltd halal to invest in?

According to Musaffa's Shariah screening methodology, Mangalore Refinery and Petrochemicals Ltd (MRPL.NS) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company's business activities and financial ratios to determine whether it meets Islamic investment guidelines.

Is Mangalore Refinery and Petrochemicals Ltd a Shariah-compliant stock?

A stock is Shariah-compliant if the company operates in permissible business activities and meets Islamic financial screening thresholds. Musaffa analyzes Mangalore Refinery and Petrochemicals Ltd using these criteria to determine its compliance status.

Can Muslims buy shares of Mangalore Refinery and Petrochemicals Ltd?

Muslim investors may consider investing in Mangalore Refinery and Petrochemicals Ltd if it meets Shariah compliance standards. Investors typically review the company's business activities, debt levels, and non-permissible income before making a decision.

Why is Mangalore Refinery and Petrochemicals Ltd classified as NOT HALAL?

Musaffa determines the Shariah status of Mangalore Refinery and Petrochemicals Ltd by analyzing whether the company's core business operations are permissible and whether its financial ratios fall within accepted Islamic thresholds.

How often is the Shariah compliance for Mangalore Refinery and Petrochemicals Ltd updated?

The Shariah compliance status of Mangalore Refinery and Petrochemicals Ltd may be updated periodically when new financial statements, earnings reports, or business activity information become available.

Can a halal stock like Mangalore Refinery and Petrochemicals Ltd become non-compliant?

Yes. A stock that is currently Shariah-compliant may become non-compliant if the company's financial ratios exceed Shariah thresholds or its business activities change.

Where can I check the Shariah status of Mangalore Refinery and Petrochemicals Ltd?

You can check the latest Shariah compliance status of Mangalore Refinery and Petrochemicals Ltd on Musaffa's stock page, where screening results and key financial indicators are updated to help Muslim investors make informed decisions.

MRPL.NS Shariah Compliance

Screening Methodology: AAOIFI

NOT HALAL

Last Updated: March 18, 2026

Report Source: 2026 3rd Quarter Report

Mangalore Refinery and Petrochemicals Ltd. Stock Analysis MRPL.NS

India Energy Mid Cap Report: Q3, 2026

Mangalore Refinery & Petrochemicals Ltd. is an oil refining company, which engages in the petroleum refinery services. The company is headquartered in Mangalore, Karnataka. The firm operates through the Petroleum Products segment. The company offers various direct sales products such as Bitumen, Diesel, Sulfur, Petcoke, ATF (thru' JV), Polypropylene, Xylol (Xylenes), and others. Its refinery has producing capacity of a range of petroleum products like Naphtha, liquified petroleum gas (LPG), Motor Spirit, High-Speed Diesel, Kerosene, Aviation Turbine Fuel, Sulfur, Xylene, Bitumen along with Pet Coke, and Polypropylene. The company operates an Aromatic Complex, a petrochemical unit capable of producing 0.905 MMTPA of Para Xylene and 0.273 MMTPA of Benzene. MRPL has two Captive Jetties in New Mangalore Port Trust (NMPT), Single Point Mooring Facility, While Oil Loading Facility, Rail Wagon Loading Silo for Petcoke, and Truck Loading Silos for Petcoke. The firm is a subsidiary of Oil and Natural Gas Corporation Limited.

Key Statistics of Mangalore Refinery and Petrochemicals Ltd (MRPL.NS)

Key statistics in the stock market are essential financial indicators that measure a company's performance, valuation, profitability, and risk.

Today's Range

₹149.28₹155.34

Today's Open

₹154.62

Volume

3.61M

P/E Ratio (TTM)

479.12

52 Week Range

₹120.40₹212.31

Market Cap

279.54B

Avg. Volume

10.96M

Dividend Yield

Financial Metrics & Statements of Mangalore Refinery and Petrochemicals Ltd (MRPL.NS)

FAQ's for Mangalore Refinery and Petrochemicals Ltd (MRPL.NS)

According to Musaffa’s Shariah screening methodology, Mangalore Refinery and Petrochemicals Ltd (MRPL.NS) is currently classified as NOT HALAL as of March 2026. The classification is based on an evaluation of the company’s business activities and financial ratios to determine whether it meets Islamic investment guidelines.