Meghna Petroleum (DHA:MPETROLEUM) Operating Income: BDT1,526 Mil (TTM As of Mar. 2026)

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DHA:MPETROLEUM Meghna Petroleum PLC DHA:MPETROLEUM
84 GF Score
Price BDT214.30
GF Value BDT174.96
Valuation Modestly Overvalued
! 8 Warning Signs
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What is Meghna Petroleum Operating Income?

Meghna Petroleum DHA:MPETROLEUM -0.60% 84 Operating Income is BDT1,526 Mil as of Mar. 2026. GuruFocus rates DHA:MPETROLEUM with a GF Score™ of 84/100 and a GF Value™ of BDT174.96 (Modestly Overvalued). The stock has 8 warning signs investors should review.

Meghna Petroleum's Operating Income for the three months ended in Mar. 2026 was BDT89 Mil. Its Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 was BDT1,526 Mil.

Operating Margin % is calculated as Operating Income divided by its Revenue. Meghna Petroleum's Operating Income for the three months ended in Mar. 2026 was BDT89 Mil. Meghna Petroleum's Revenue for the three months ended in Mar. 2026 was BDT575 Mil. Therefore, Meghna Petroleum's Operating Margin % for the quarter that ended in Mar. 2026 was 15.50%.

Warning Sign:

Meghna Petroleum PLC operating margin has been in a 5-year decline. The average rate of decline per year is -5.4%.

Meghna Petroleum's 5-Year average Growth Rate for Operating Margin % was -5.40% per year.

Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition. Meghna Petroleum's annualized ROC % for the quarter that ended in Mar. 2026 was 2.05%. Meghna Petroleum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 was 371.08%.


Meghna Petroleum  (DHA:MPETROLEUM) Operating Income Explanation

1. Operating Income or EBIT is linked to Return on Capital for both regular definition and Joel Greenblatt's definition.

Meghna Petroleum's annualized ROC % for the quarter that ended in Mar. 2026 is calculated as:

ROC % (Q: Mar. 2026 )
=NOPAT/Average Invested Capital
=Operating Income * ( 1 - Tax Rate % )/( (Invested Capital (Q: Dec. 2025 ) + Invested Capital (Q: Mar. 2026 ))/ count )
=356.54 * ( 1 - 18.1% )/( (13818.198 + 14715.806)/ 2 )
=292.00626/14267.002
=2.05 %

where

Invested Capital(Q: Dec. 2025 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=115744.126 - 83758.17 - ( 64585.863 - max(0, 84489.781 - 102657.539+64585.863))
=13818.198

Invested Capital(Q: Mar. 2026 )
=Total Assets - Accounts Payable & Accrued Expense - Excess Cash
=Total Assets - Accounts Payable & Accrued Expense - ( Cash, Cash Equivalents, Marketable Securities - max(0, Total Current Liabilities - Total Current Assets+Cash, Cash Equivalents, Marketable Securities))
=115295.927 - 82225.842 - ( 64200.826 - max(0, 82606.725 - 100961.004+64200.826))
=14715.806

Note: The Operating Income data used here is four times the quarterly (Mar. 2026) data.

2. Joel Greenblatt's definition of Return on Capital:

Meghna Petroleum's annualized ROC (Joel Greenblatt) % for the quarter that ended in Mar. 2026 is calculated as:

ROC (Joel Greenblatt) %(Q: Mar. 2026 )
=EBIT/Average of (Net fixed Assets + Net Working Capital)
=EBIT/Average of (Property, Plant and Equipment+Net Working Capital)
     Q: Dec. 2025  Q: Mar. 2026
=EBIT/( ( (Property, Plant and Equipment + Net Working Capital) + (Property, Plant and Equipment + Net Working Capital) )/ count )
=6959.996/( ( (1839.625 + max(-46332.158, 0)) + (1911.595 + max(-45760.6, 0)) )/ 2 )
=6959.996/( ( 1839.625 + 1911.595 )/ 2 )
=6959.996/1875.61
=371.08 %

where Working Capital is:

Working Capital(Q: Dec. 2025 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20368.285 + 15491.755 + 2211.636) - (83758.17 + 0 + 645.664)
=-46332.158

Working Capital(Q: Mar. 2026 )
=(Accounts Receivable + Total Inventories + Other Current Assets) - (Accounts Payable & Accrued Expense + Defer. Rev. + Other Current Liabilities)
=(20141.85 + 13983.775 + 2634.553) - (82225.842 + 0 + 294.936)
=-45760.6

When net working capital is negative, 0 is used.

Note: The EBIT data used here is four times the quarterly (Mar. 2026) EBIT data.

3. Operating Income is also linked to Operating Margin %:

Meghna Petroleum's Operating Margin % for the quarter that ended in Mar. 2026 is calculated as:

Operating Margin %=Operating Income (Q: Mar. 2026 )/Revenue (Q: Mar. 2026 )
=89.135/574.922
=15.50 %

* 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.

4. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the Operating Income growth rate using Operating Income per share data.


Be Aware

Compared with a company's EBITDA margin, Operating Margin can be manipulated by adjusting the rate of depreciation, depletion and amortization (DDA).

If a company is facing competition, its Operating Margin may decline. Often the Operating Margin declines well before the company's revenue or even profit decline. Therefore, Operating Margin is a very important indicator of whether the company is facing problems.

For instance, by 2012, Nokia (NOK)'s problems were well known and its stock had lost more than 90% of its market value since 2007. But Nokia's Operating Margin had already been in decline since 2002, although its earnings per share were still rising. Investors who paid attention to Operating Margin would have avoided this huge loss. The same can be said for Research-in-Motion (RIMM).

Therefore, Operating Margin is a very important screening filter for GuruFocus. GuruFocus's Buffett-Munger screener requires that the profit margin is either consistent or expanding. The Model Portfolio of the Buffett-Munger screener has outperformed the market every year since inception in 2009.


Meghna Petroleum Operating Income Related Terms


Meghna Petroleum Operating Income Historical Data

* Premium members only.

The historical data trend for Meghna Petroleum's Operating Income 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.

Meghna Petroleum Operating Income Chart

Meghna Petroleum Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Operating Income
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,300.20 1,201.02 1,701.26 1,555.00 1,812.47

Meghna Petroleum Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Operating Income 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 347.61 800.00 257.30 379.81 89.14
DHA:MPETROLEUM
84GF Score
Meghna Petroleum PLC DHA:MPETROLEUM
Operating Income is just one metric. See GF Score™, valuation, warning signs, and more.
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Meghna Petroleum Operating Income Calculation

Operating Income, is the profit a company earned through operations. All expenses, including cash expenses such as cost of goods sold (COGS), research & development, wages, and non-cash expenses, such as depreciation, depletion and amortization, have been deducted from the sales.

Operating Income for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was BDT1,526 Mil.

* 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 Operating Income →
What does a Operating Income of BDT1,526 Mil mean?
Meghna Petroleum (DHA:MPETROLEUM) has a Operating Income of BDT1,526 Mil as of Mar. 2026. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Meghna Petroleum and its competitors.
Is Meghna Petroleum's Operating Income too high?
Meghna Petroleum's current Operating Income is BDT1,526 Mil. Overall, Meghna Petroleum has a GF Score™ of 84/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Meghna Petroleum's Operating Income compare to VLO and MPC?
Meghna Petroleum's Operating Income of BDT1,526 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Operating Income for an Oil & Gas company?
A good Operating Income depends on the Oil & Gas industry context. However, Operating Income should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Operating Income mean?
A high Operating Income can signal that a stock is expensive relative to its fundamentals. Operating Income equals sales less all operating expenses. It is linked to EBIT. View historical data on Meghna Petroleum and its competitors. Meghna Petroleum's current Operating Income is BDT1,526 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meghna Petroleum stock overvalued right now?
Based on GuruFocus' analysis, Meghna Petroleum (DHA:MPETROLEUM) is currently considered Modestly Overvalued. The stock's GF Value™ is BDT174.96, compared to a current price of BDT214.30 — trading 22.5% above its estimated fair value. The current Operating Income is BDT1,526 Mil. Meghna Petroleum's overall GF Score™ is 84/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Operating Income calculated?
Operating Income is calculated from a company's financial statements. For Meghna Petroleum (DHA:MPETROLEUM), the current Operating Income is BDT1,526 Mil 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 Meghna Petroleum (DHA:MPETROLEUM) Overvalued in 2026?

Based on GuruFocus' analysis, Meghna Petroleum stock appears to be overvalued. The current stock price of BDT214.30 is trading 22.5% above its estimated GF Value™ of BDT174.96. GuruFocus considers Meghna Petroleum to be Modestly Overvalued.

Key valuation signals for DHA:MPETROLEUM:

  • Operating Income: BDT1,526 Mil
  • GF Value™: BDT174.96 vs. price of BDT214.30 (22.5% above fair value)
  • GF Score™: 84/100 with 8 warning signs

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


Meghna Petroleum Business Description

Industry EnergyOil & Gas
Address 58-59 Agrabad Commercial Area, Chattogram, BGD, 4100
Meghna Petroleum Ltd is engaged in the business of petroleum oil and related products. The company is involved in the procurement, storage, and marketing of petroleum products, lubricants, oil and grease, bitumen, liquefied petroleum gas, and battery water in Bangladesh. The business has two reportable segments. The Petroleum Products segment includes the company's earnings from the marketing of petroleum products, bitumen, and LPG. The Lubricating Oil & Grease Operations segment includes the company's income from the trading of lubricating oil and grease of BP and Castrol brands. The majority of revenue comes from the Petroleum Products segment.
84GF Score

Get the complete analysis for DHA:MPETROLEUM

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

BDT214.30
Price
BDT174.96
GF Value