GovTwin / Companies / MJL Bangladesh (Mobil)

MJL Bangladesh (Mobil)

DSE: MJLBD

Lubricants / Energy · MJL / EC Securities

MJL Bangladesh is the licensed local blender and marketer of Mobil-branded lubricants in Bangladesh and a leading player in the country's lubricant market, with a domestic blending plant and a widening energy/logistics footprint.

Business: Blending, marketing and distribution of Mobil-brand automotive and industrial lubricants and greases; related ventures in petroleum storage/logistics, LPG and shipping/energy infrastructure through associated entities.

Market data

Market capitalisation

28,223 mn BDT

Paid-up capital

3,168 mn BDT

Outstanding shares

316,752,027

Last price

89.3 BDT

Listed

2011

Market category

A

Source: Dhaka Stock Exchange, fetched 2026-05

Policy exposure

Base-oil and additive imports expose margins to forex and global oil-price swings A lubricant blender's reliance on imported feedstock makes it sensitive to taka depreciation and LC/forex availability, a recurring macro constraint. Source: analysis

Brand-licensing dependence on a foreign principal (Mobil/ExxonMobil) Reliance on a licensed international brand raises questions of technology transfer, royalty outflows and resilience if licensing terms change. Source: analysis

Diversification into LPG and energy logistics amid evolving downstream-energy regulation Expansion into regulated downstream-energy segments brings the firm under safety, pricing and licensing oversight that shapes investment returns. Source: analysis