Mangalore Refinery & Petroleum Limited's Board of Directors approved the standalone and consolidated audited financial results for Q4 and FY26 ended March 31, 2026, during their meeting held on April 24, 2026. The Board decided not to recommend a final dividend for FY25-26.

Board Meeting Outcomes

The Board meeting, which commenced at 15:45 hrs and concluded at 17:40 hrs, considered and approved comprehensive financial statements under Regulation 30 and 51 of SEBI (LODR) Regulations, 2015. The statutory auditors issued audit reports with unmodified opinion on the financial statements.

Annual Financial Performance FY26

The company reported strong annual performance with standalone net profit reaching ₹1,931.22 crore for FY26 compared to ₹60.56 crore in the previous year. Revenue from operations stood at ₹1,05,155.49 crore for FY26 against ₹1,09,279.51 crore in FY25.

Q4 FY26 Quarterly Results

For Q4 FY26, the company reported standalone net profit of ₹119.36 crore compared to ₹363.14 crore in Q4 FY25. Revenue from operations for the quarter was ₹28,483.84 crore versus ₹27,601.86 crore in the corresponding quarter of the previous year.

Consolidated Performance

On a consolidated basis, the company achieved net profit of ₹1,924.58 crore for FY26 against ₹86.21 crore in FY25. Consolidated revenue from operations reached ₹1,05,185.49 crore for FY26 compared to ₹1,09,279.51 crore in the previous year.

Financial Position and Ratios

The company's debt equity ratio stood at 1.01 times as of March 31, 2026. Net worth increased to ₹14,167.15 crore from ₹12,933.78 crore in the previous year. The current ratio improved to 1.14 times, indicating better liquidity position.

Regulatory Compliance

The financial results comply with Regulation 33 and 52 of SEBI (LODR) Regulations, 2015, and have been prepared in accordance with Indian Accounting Standards. The audited accounts remain subject to supplementary audit by the Comptroller and Auditor General of India under section 143(6) of the Companies Act, 2013.

Source: None/Company/INE103A01014/bb75c12c-1208-4f4f-9d1e-de625c1c4820.pdf

Mangalore Refinery and Petrochemicals Limited has submitted its quarterly compliance certificate to stock exchanges, confirming adherence to SEBI regulations for the quarter ended March 31, 2026. The certificate validates the company's compliance with dematerialisation processes and securities handling requirements.

Regulatory Compliance Submission

The company filed the certificate under Regulation 74(5) of SEBI (Depositories and Participants) Regulations, 2018 with both BSE Limited and National Stock Exchange of India Limited on April 04, 2026. Company Secretary Premachandra Rao G signed the submission, ensuring proper documentation of the compliance process.

Registrar Confirmation

MUFG Intime India Private Limited, serving as the company's Registrar and Transfer Agent, issued the compliance certificate on April 3, 2026. The registrar confirmed that all securities received from depository participants for dematerialisation during Q4FY26 were properly processed within prescribed timelines.

Sr. Vice President-Corporate Registry Ashok Shetty signed the certificate on behalf of MUFG Intime India Private Limited. The registrar verified that security certificates received for dematerialisation were appropriately confirmed or rejected, with certificates being mutilated and cancelled after due verification.

Dematerialisation Process Compliance

The certificate confirms several key compliance aspects:

• Securities received during the quarter were confirmed to depositories within required timeframes
• All securities comprised in certificates have been listed on relevant stock exchanges
• Security certificates were properly mutilated and cancelled after verification
• Depository names were substituted in the register of members as registered owners

Company Background

Mangalore Refinery and Petrochemicals Limited operates as a Schedule 'A' Government of India enterprise and subsidiary of Oil and Natural Gas Corporation Limited. The company maintains ISO 9001, 14001, and 50001 certifications, demonstrating its commitment to quality and environmental standards alongside regulatory compliance.