MJL Bangladesh (DHA:MJLBD) Net Margin %: 5.66% (As of Mar. 2026) — 44% Below Median

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Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

DHA:MJLBD MJL Bangladesh PLC DHA:MJLBD
100 GF Score
Price BDT94.10
GF Value BDT96.24
Valuation Fairly Valued
! 10 Warning Signs
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What is MJL Bangladesh Net Margin %?

MJL Bangladesh DHA:MJLBD -0.74% 100 Net Margin % is 5.66% as of Mar. 2026, which is 44% below its 10-year median of 10.08. GuruFocus rates DHA:MJLBD with a GF Score™ of 100/100 and a GF Value™ of BDT96.24 (Fairly Valued). The stock has 10 warning signs investors should review. Among 919 Oil & Gas companies, MJL Bangladesh ranks better than 63.22% on this metric.

Net margin is calculated as Net Income divided by its Revenue. MJL Bangladesh's Net Income for the three months ended in Mar. 2026 was BDT650 Mil. MJL Bangladesh's Revenue for the three months ended in Mar. 2026 was BDT11,484 Mil. Therefore, MJL Bangladesh's net margin for the quarter that ended in Mar. 2026 was 5.66%.

The historical rank and industry rank for MJL Bangladesh's Net Margin % or its related term are showing as below:

DHA:MJLBD' s Net Margin % Range Over the Past 10 Years
Min: 7.38   Med: 10.08   Max: 17.07
Current: 7.38


DHA:MJLBD's Net Margin % is ranked better than
63.22% of 919 companies
in the Oil & Gas industry
Industry Median: 3.46 vs DHA:MJLBD: 7.38

MJL Bangladesh  (DHA:MJLBD) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


MJL Bangladesh Net Margin % Related Terms


MJL Bangladesh Net Margin % Historical Data

* Premium members only.

The historical data trend for MJL Bangladesh's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

MJL Bangladesh Net Margin % Chart

MJL Bangladesh Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Net Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.26 7.76 9.00 7.61 8.61

MJL Bangladesh Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.66 11.30 10.49 2.66 5.66

DHA:MJLBD vs VLO, MPC, PSX: Net Margin % Comparison

For the Oil & Gas Refining & Marketing subindustry, MJL Bangladesh's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


MJL Bangladesh Net Margin % vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, MJL Bangladesh's Net Margin % distribution charts can be found below:

* The bar in red indicates where MJL Bangladesh's Net Margin % falls into.


DHA:MJLBD
100GF Score
MJL Bangladesh PLC DHA:MJLBD
Net Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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MJL Bangladesh Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

MJL Bangladesh's Net Margin for the fiscal year that ended in Jun. 2025 is calculated as

Net Margin=Net Income (A: Jun. 2025 )/Revenue (A: Jun. 2025 )
=3598.058/41792.944
=8.61 %

MJL Bangladesh's Net Margin for the quarter that ended in Mar. 2026 is calculated as

Net Margin=Net Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=650.242/11483.597
=5.66 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Frequently Asked Questions Learn more about Net Margin % →
What does a Net Margin % of 5.66% mean?
MJL Bangladesh (DHA:MJLBD) has a Net Margin % of 5.66% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on MJL Bangladesh and its competitors. This is 44% below median its historical median of 10.08. Over the past decade, MJL Bangladesh's Net Margin % has ranged from 7.38 to 17.07. According to the industry distribution chart, MJL Bangladesh ranks #338 out of 919 companies in the Oil & Gas industry, placing it in the top 36.8%.
Is MJL Bangladesh's Net Margin % too high?
MJL Bangladesh's current Net Margin % of 5.66% is 44% below median its 10-year median of 10.08. Over the past 10 years, this metric has ranged from a low of 7.38 to a high of 17.07. The Oil & Gas industry median Net Margin % is 3.46. MJL Bangladesh's value of 5.66% is 63.6% above this industry median. Based on the distribution chart, MJL Bangladesh ranks #338 out of 919 companies in the Oil & Gas industry, which is above the industry midpoint. Overall, MJL Bangladesh has a GF Score™ of 100/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MJL Bangladesh's Net Margin % compare to VLO and MPC?
According to the Oil & Gas industry distribution chart, MJL Bangladesh ranks #338 out of 919 companies for Net Margin %. This puts MJL Bangladesh in the upper half of its industry. The industry median Net Margin % is 3.46. MJL Bangladesh's value of 5.66% is 63.6% above this benchmark. Historically, MJL Bangladesh's own Net Margin % has ranged from 7.38 to 17.07 over the past decade. While the company's 10-year median is 10.08 vs. the industry median of 3.46, MJL Bangladesh has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for an Oil & Gas company?
The median Net Margin % among Oil & Gas companies is 3.46, based on 919 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. MJL Bangladesh's current Net Margin % of 5.66% is 63.6% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on MJL Bangladesh and its competitors. For the Oil & Gas industry, the median Net Margin % is 3.46 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. MJL Bangladesh's current Net Margin % is 5.66%, which is 44% below median its own 10-year median of 10.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MJL Bangladesh stock overvalued right now?
Based on GuruFocus' analysis, MJL Bangladesh (DHA:MJLBD) is currently considered Fairly Valued. The stock's GF Value™ is BDT96.24, compared to a current price of BDT94.10 — trading 2.2% below its estimated fair value. The current Net Margin % is 5.66%, which is 44% below median its 10-year median of 10.08 and 63.6% above the Oil & Gas industry median of 3.46. MJL Bangladesh's overall GF Score™ is 100/100 with 10 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For MJL Bangladesh (DHA:MJLBD), the current Net Margin % is 5.66% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is MJL Bangladesh (DHA:MJLBD) Overvalued in 2026?

Based on GuruFocus' analysis, MJL Bangladesh stock appears to be undervalued. The current stock price of BDT94.10 is trading 2.2% below its estimated GF Value™ of BDT96.24. GuruFocus considers MJL Bangladesh to be Fairly Valued.

Key valuation signals for DHA:MJLBD:

  • Net Margin %: 5.66% (44% below median its 10-year median of 10.08)
  • GF Value™: BDT96.24 vs. price of BDT94.10 (2.2% below fair value)
  • GF Score™: 100/100 with 10 warning signs
  • Industry Position: 63.6% above the Oil & Gas median (#338 of 919)

No single metric tells the full story. See the DHA:MJLBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


MJL Bangladesh Business Description

Industry EnergyOil & Gas
Address Bir Uttam Mir Shawkat Sarak, Mobil House, CWS(A) 13/A, Gulshan Avenue, Dhaka, BGD, 1212
MJL Bangladesh PLC is engaged in the blending and marketing of internationally recognised Mobil-branded lubricants in Bangladesh and is also diversified into lube oil trading and oil tanker operations. The Company serves the lubricant market across both the B2B (business-to-business) and B2C (business-to-consumer) segments. The B2B market segments served comprise industrial lubricants, marine lubricants and aviation lubricants, while the B2C market segments served comprise passenger vehicle lubricants, commercial vehicle lubricants and aviation lubricants. The Company also has a small e-commerce sales channel through its Lube Solution digital app and a modest export presence through sales in Nepal. Its operations and distribution network extend across Bangladesh.
100GF Score

Get the complete analysis for DHA:MJLBD

Net Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

BDT94.10
Price
BDT96.24
GF Value