Jamuna Oil

DSE: JAMUNAOIL

Fuel distribution · BPC (SOE-linked)

Jamuna Oil is one of the state-owned petroleum marketing companies operating under the Bangladesh Petroleum Corporation (BPC), distributing imported and refined fuel products across the country.

Business: Procurement, storage, and nationwide distribution of petroleum products including diesel, petrol, octane, furnace oil, jet fuel, kerosene, and lubricants, via depots, dealer networks, and retail filling stations.

Market data

Market capitalisation

18,507 mn BDT

Paid-up capital

1,104 mn BDT

Outstanding shares

110,424,600

Last price

168.5 BDT

Listed

2007

Market category

A

Source: Dhaka Stock Exchange, fetched 2026-05

Policy exposure

Administered fuel pricing and BPC fiscal exposure Retail fuel prices are set administratively rather than by the market, so margins and any subsidy burden ultimately flow through the public balance sheet and shape inflation and fiscal space. Source: analysis

State ownership with a publicly listed minority float A government-controlled marketing company with public shareholders raises governance and minority-protection questions, since pricing and dividend decisions can be driven by policy goals rather than shareholder returns. Source: DSE

Concentrated downstream fuel distribution Fuel marketing is shared among a few BPC-linked companies, so competition and efficiency in distribution depend on regulatory design rather than market rivalry. Source: analysis