BPL Burshane LPG (Pakistan) Limited

Burshane LPG (Pakistan) Limited (BPL) financial ratios

Burshane LPG (Pakistan) Limited earned a net margin of 6.3% in FY2026 against a five-year average of 0.7% (Oil & Gas Marketing Companies median 1.0%). Return on equity was 40.1%, compared with a sector median of 18.2%. The current ratio stood at 0.97× and debt was 46.3% of equity. Cash took about 31 days to cycle through receivables, inventory and payables.

FY2026 vs the Oil & Gas Marketing Companies median

Gross margin: 9.0%; Sector median 5.4%
Operating margin: 8.5%; Sector median 3.4%
Net margin: 6.3%; Sector median 1.0%
Return on equity (ROE): 40.1%; Sector median 18.2%
Return on assets (ROA): 14.0%; Sector median 2.9%
Current ratio: 0.97×; Sector median 0.97×
Debt to equity: 46.3%; Sector median 54.7%
Asset turnover: 2.21×; Sector median 2.82×
Dividend payout ratio: 0.0%; Sector median 12.8%

Median of the 9 companies in the sector with the figure for their latest fiscal year.

BPL financial ratios (annual) (Rs mn)
Rs mn	FY2026 * Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 * Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 * Jul 2017 – Jun 2018	FY2017 * Jul 2016 – Jun 2017	FY2016 * Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 * Jul 2013 – Jun 2014	FY2013 * Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007
Profitability
Gross margin	9.0%	1.0%	3.9%	3.1%	2.9%	0.0%	4.0%	5.8%	7.1%	10.4%	5.7%	11.9%	4.6%	7.0%	9.1%	4.7%	2.7%	16.2%	(0.6%)	—
EBITDA margin	10.5%	10.8%	2.0%	1.4%	1.2%	(2.0%)	2.4%	5.1%	5.8%	8.5%	3.7%	9.4%	3.4%	5.8%	8.1%	9.7%	13.1%	11.8%	(7.5%)	—
Operating margin	8.5%	5.2%	(0.6%)	(0.3%)	(0.0%)	(5.6%)	(1.5%)	1.8%	2.7%	4.4%	0.6%	6.3%	1.1%	3.2%	4.8%	4.7%	6.9%	5.2%	(14.9%)	—
Pre-tax margin	6.3%	1.8%	(3.2%)	(1.8%)	0.6%	(6.3%)	(2.7%)	2.0%	1.8%	2.8%	(0.6%)	6.3%	1.8%	3.8%	5.7%	5.4%	6.8%	5.4%	(16.2%)	—
Net margin	6.3%	1.8%	(3.1%)	(1.9%)	0.6%	(4.6%)	(4.3%)	0.8%	0.7%	1.6%	(0.3%)	4.0%	1.1%	2.4%	3.7%	3.4%	4.1%	5.7%	(13.8%)	—
Effective tax rate	0.0%	0.0%	—	—	(0.7%)	—	—	60.1%	63.3%	42.6%	—	36.4%	38.0%	36.4%	35.1%	37.3%	39.3%	(5.4%)	—	—
Returns
Return on equity (ROE)	40.1%	10.3%	(19.4%)	(11.5%)	4.5%	(18.9%)	(14.5%)	3.3%	2.5%	3.7%	(0.8%)	15.7%	7.1%	14.7%	18.6%	13.4%	15.6%	26.7%	(75.1%)	—
Return on assets (ROA)	14.0%	2.4%	(5.5%)	(4.2%)	1.6%	(7.2%)	(6.5%)	1.5%	1.2%	1.8%	(0.4%)	7.7%	3.5%	7.6%	10.1%	6.9%	6.2%	8.0%	(17.8%)	—
Return on invested capital (ROIC)	31.3%	14.1%	—	—	4.2%	—	—	2.5%	2.8%	4.5%	—	13.8%	7.1%	14.7%	18.3%	13.8%	15.9%	23.8%	—	—
Liquidity
Current ratio	0.97×	0.64×	0.79×	1.01×	1.26×	0.92×	0.73×	0.93×	0.73×	0.70×	1.05×	1.70×	3.10×	2.18×	2.05×	1.73×	1.50×	2.47×	1.02×	0.79×
Quick ratio	0.92×	0.59×	0.76×	0.93×	1.15×	0.88×	0.65×	0.76×	0.55×	0.57×	0.93×	1.54×	3.00×	1.68×	1.95×	1.52×	1.29×	2.19×	0.86×	0.46×
Leverage
Debt to equity	46.3%	97.1%	139.7%	53.4%	59.4%	46.9%	40.2%	31.5%	33.4%	33.6%	36.2%	37.5%	0.0%	—	2.1%	3.4%	0.0%	25.1%	44.6%	102.9%
Debt to capital	31.7%	49.3%	58.3%	34.8%	37.3%	31.9%	28.7%	23.9%	25.1%	25.1%	26.6%	27.3%	0.0%	—	2.1%	3.3%	0.0%	20.1%	30.8%	50.7%
Debt to assets	18.9%	27.7%	25.8%	19.2%	22.0%	16.8%	16.3%	15.3%	15.2%	16.4%	18.0%	18.5%	0.0%	—	1.1%	1.9%	0.0%	8.5%	11.7%	21.7%
Assets to equity	2.87×	4.22×	3.53×	2.74×	2.75×	2.62×	2.24×	2.12×	2.12×	2.03×	2.01×	2.03×	2.01×	1.94×	1.84×	1.93×	2.50×	3.32×	4.23×	—
Efficiency
Asset turnover	2.21×	1.37×	1.77×	2.24×	2.76×	1.56×	1.53×	1.92×	1.78×	1.15×	1.25×	1.94×	3.07×	3.11×	2.75×	2.04×	1.52×	1.42×	1.29×	—
Receivable days days	34	55	42	29	22	25	13	14	15	27	31	23	18	13	13	14	11	13	17	—
Inventory days days	4	5	4	4	3	5	9	11	10	11	8	5	8	9	4	7	9	10	16	—
Payable days days	7	11	13	12	9	17	17	16	21	30	26	26	26	28	22	21	24	21	14	—
Cash conversion cycle days	31	48	32	22	16	12	5	8	3	8	13	3	0	(6)	(6)	(0)	(4)	2	19	—
Dividends
Dividend payout ratio	0.0%	0.0%	—	—	0.0%	—	—	65.0%	114.1%	77.3%	—	42.5%	144.1%	79.0%	78.0%	45.2%	0.0%	0.0%	—	—
Earnings retention rate	1.00×	1.00×	—	—	1.00×	—	—	0.35×	(0.14×)	0.23×	—	0.57×	(0.44×)	0.21×	0.22×	0.55×	1.00×	1.00×	—	—

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

BPL: frequently asked questions

What is BPL's EPS?

Burshane LPG (Pakistan) Limited reported basic earnings per share of Rs 6.65 for FY2026 (Jul 2025 – Jun 2026).

What is BPL's P/E ratio?

At the closing price of Rs 46.04 on 16 Oct 2026, BPL trades at a P/E of 6.9× based on EPS of Rs 6.65 (FY2026).

Does BPL pay dividends?

Yes. Burshane LPG (Pakistan) Limited declared a dividend of Rs 1.00 per share for FY2026. At Rs 46.04 that is a dividend yield of 2.2%.

What was BPL's revenue and profit in FY2026?

Burshane LPG (Pakistan) Limited reported revenue of Rs 2.8 bn and profit attributable to shareholders of Rs 179.5 mn for FY2026 (Jul 2025 – Jun 2026).

What is BPL's book value per share?

Burshane LPG (Pakistan) Limited's book value per share was Rs 19.90 at the end of FY2026. The shares trade at 2.31× book value.

Information only, not investment advice.