MJL Bangladesh (DHA:MJLBD) Retained Earnings: BDT10,109 Mil (As of Mar. 2026)

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Director of Data and Quant Analytics at GuruFocus
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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
99 GF Score
Price BDT89.40
GF Value BDT97.99
Valuation Fairly Valued
! 9 Warning Signs
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What is MJL Bangladesh Retained Earnings?

MJL Bangladesh DHA:MJLBD -0.11% 99 Retained Earnings is BDT10,109 Mil as of Mar. 2026. GuruFocus rates DHA:MJLBD with a GF Score™ of 99/100 and a GF Value™ of BDT97.99 (Fairly Valued). The stock has 9 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MJL Bangladesh's retained earnings for the quarter that ended in Mar. 2026 was BDT10,109 Mil.

MJL Bangladesh's quarterly retained earnings declined from Sep. 2025 (BDT10,852 Mil) to Dec. 2025 (BDT9,459 Mil) but then increased from Dec. 2025 (BDT9,459 Mil) to Mar. 2026 (BDT10,109 Mil).

MJL Bangladesh's annual retained earnings increased from Jun. 2023 (BDT6,782 Mil) to Jun. 2024 (BDT7,972 Mil) and increased from Jun. 2024 (BDT7,972 Mil) to Jun. 2025 (BDT9,884 Mil).


MJL Bangladesh  (DHA:MJLBD) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


MJL Bangladesh Retained Earnings Historical Data

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The historical data trend for MJL Bangladesh's Retained Earnings 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 Retained Earnings Chart

MJL Bangladesh Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,329.54 5,606.56 6,781.84 7,972.25 9,883.64

MJL Bangladesh Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Retained Earnings 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 8,864.89 9,883.64 10,852.29 9,458.65 10,108.89
DHA:MJLBD
99GF Score
MJL Bangladesh PLC DHA:MJLBD
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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MJL Bangladesh Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of BDT10,109 Mil mean?
MJL Bangladesh (DHA:MJLBD) has a Retained Earnings of BDT10,109 Mil as of Mar. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on MJL Bangladesh and its competitors.
Is MJL Bangladesh's Retained Earnings too high?
MJL Bangladesh's current Retained Earnings is BDT10,109 Mil. Overall, MJL Bangladesh has a GF Score™ of 99/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does MJL Bangladesh's Retained Earnings compare to MPC and VLO?
MJL Bangladesh's Retained Earnings of BDT10,109 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 Retained Earnings for an Oil & Gas company?
A good Retained Earnings depends on the Oil & Gas industry context. However, Retained Earnings 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 Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on MJL Bangladesh and its competitors. MJL Bangladesh's current Retained Earnings is BDT10,109 Mil. 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 BDT97.99, compared to a current price of BDT89.40 — trading 8.8% below its estimated fair value. The current Retained Earnings is BDT10,109 Mil. MJL Bangladesh's overall GF Score™ is 99/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For MJL Bangladesh (DHA:MJLBD), the current Retained Earnings is BDT10,109 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 MJL Bangladesh (DHA:MJLBD) Overvalued in 2026?

Based on GuruFocus' analysis, MJL Bangladesh stock appears to be undervalued. The current stock price of BDT89.40 is trading 8.8% below its estimated GF Value™ of BDT97.99. GuruFocus considers MJL Bangladesh to be Fairly Valued.

Key valuation signals for DHA:MJLBD:

  • Retained Earnings: BDT10,109 Mil
  • GF Value™: BDT97.99 vs. price of BDT89.40 (8.8% below fair value)
  • GF Score™: 99/100 with 9 warning signs

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.
99GF Score

Get the complete analysis for DHA:MJLBD

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

BDT89.40
Price
BDT97.99
GF Value