Market cap
$3,569 Mln
Revenue (TTM)
$3,594 Mln
P/E Ratio
9.8
P/B Ratio
1.9
Div. Yield
8 %
Key Ratios and Highlights
| Growth Score (%) | Quarterly | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | QoQ | YoY | 1-Year | 3-Years | 5-Years |
| Revenue | 14.91 | -7.13 | 5.05 | 20.03 | 32.81 |
| EBIT | 55.40 | 155.99 | 33.62 | 14.00 | 6.10 |
| Net Profit | 65.76 | 406.88 | 49.95 | 2.86 | -1.43 |
| EPS | 58.13 | 240.64 | 24.78 | 2.90 | -- |
| Book Value | -- | -- | -6.77 | 2.73 | -- |
| Key Ratios (%) | Average | Annual (TTM) | |||
|---|---|---|---|---|---|
| Particulars | 3-Years | 5-Years | TTM | Dec-25 | Dec-24 |
| EBIT-Margin
| 13.56 | 15.30 | 13.93 | 10.02 | 12.56 |
| Net Margin
| -- | -- | 10.09 | -- | -- |
| Return on equity
| 22.40 | 19.31 | 16.91 | 13.72 | 20.44 |
| Return on Capital
| 15.00 | 12.59 | -- | 8.60 | 13.34 |
| Return on Assets
| 12.77 | 10.98 | 9.20 | 7.70 | 11.46 |
| Debt to Equity (x)
| -- | -- | 0.35 | 0.54 | 0.65 |
Profitability
ROCE
--
--
Earning before interest and taxes / (Average net worth + Average total Debt) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
--
|
8.60
|
13.34
|
23.05
|
10.06
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
ROE
16.91
Higher than Peers by 2.23
Profit after tax / Average Net worth * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
16.91
|
13.72
|
20.44
|
33.03
|
15.63
|
|
Peer Median
|
14.68
|
--
|
--
|
--
|
--
|
ROA
9.20
Higher than Peers by 0.17
Profit after tax / Average Total assets * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
9.20
|
7.70
|
11.46
|
19.16
|
9.04
|
|
Peer Median
|
9.02
|
--
|
--
|
--
|
--
|
EBIT Margin
13.93
Lower than Peers by 2.21
Operating profit (EBIT) / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
13.93
|
10.02
|
12.56
|
18.10
|
17.45
|
|
Peer Median
|
16.14
|
--
|
--
|
--
|
--
|
Net Margin
10.09
Lower than Peers by 3.63
Net profit / Total Income (Net sales plus other income) * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
10.09
|
6.76
|
9.94
|
15.95
|
14.59
|
|
Peer Median
|
13.72
|
--
|
--
|
--
|
--
|
Cash Profit Margin
--
--
(Net profit + Depreciation) / Gross Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
--
|
--
|
--
|
--
|
--
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Revenue Growth
5.05
Lower than Peers by 0.59
Year on year growth in net sales
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
5.05
|
0.10
|
0.10
|
1.00
|
0.26
|
|
Peer Median
|
5.64
|
--
|
--
|
--
|
--
|
EBIT Growth
33.62
Higher than Peers by 31.07
Year on year growth in operating profit (EBIT)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
33.62
|
-12.61
|
-23.63
|
107.56
|
20.01
|
|
Peer Median
|
2.55
|
--
|
--
|
--
|
--
|
Net Profit Growth
49.95
Higher than Peers by 40.15
Year on year growth in profit after tax
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
49.95
|
-25.46
|
-31.39
|
118.66
|
23.92
|
|
Peer Median
|
9.81
|
--
|
--
|
--
|
--
|
EPS Growth
24.78
Higher than Peers by 15.08
Year on year growth in earnings per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
24.78
|
-0.31
|
-0.36
|
1.23
|
0.27
|
|
Peer Median
|
9.69
|
--
|
--
|
--
|
--
|
Book Value Growth
7.60
Lower than Peers by 1.64
Year on year growth in book value per share
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
7.60
|
--
|
--
|
--
|
--
|
|
Peer Median
|
9.23
|
--
|
--
|
--
|
--
|
Solvency
Debt to Equity
0.35
Higher than Peers by 0.19
Total debt / Net worth
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
0.35
|
0.54
|
0.65
|
0.39
|
0.48
|
|
Peer Median
|
0.16
|
--
|
--
|
--
|
--
|
Short term debt to equity ratio
0.09
--
(Short term borrowings / Net worth)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
0.09
|
0.10
|
0.22
|
0.20
|
0.16
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Current Ratio
1.47
Higher than Peers by 0.02
Current Assets / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
1.47
|
1.50
|
1.11
|
1.34
|
1.50
|
|
Peer Median
|
1.45
|
--
|
--
|
--
|
--
|
Quick Ratio
1.29
Higher than Peers by 0.17
(Current Assets - Inventory) / Current Liabilities and Provisions
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
1.29
|
1.21
|
0.99
|
1.05
|
1.22
|
|
Peer Median
|
1.12
|
--
|
--
|
--
|
--
|
Interest Coverage
10.17
Lower than Peers by 11.24
Earning before interest and taxes (EBIT) / Interest Expenses
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
10.17
|
6.52
|
19.73
|
18.06
|
8.42
|
|
Peer Median
|
21.41
|
--
|
--
|
--
|
--
|
Operating Efficiency
Debtors to sales
5.19
Lower than Peers by 8.39
Debtors outstanding / Net Sales * 100
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
5.19
|
6.60
|
6.27
|
9.02
|
11.02
|
|
Peer Median
|
13.58
|
--
|
--
|
--
|
--
|
Asset Turnover
0.91
Higher than Peers by 0.36
Sales / Average Total Assets
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
0.91
|
1.14
|
1.15
|
1.20
|
0.62
|
|
Peer Median
|
0.55
|
--
|
--
|
--
|
--
|
Receivable days
--
--
Average Debtors / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
--
|
22.51
|
26.43
|
26.54
|
40.38
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Inventory Days
--
--
Average Inventory / Sales * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
--
|
11.61
|
17.23
|
25.16
|
30.93
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Payable days
--
--
Average Creditors / Cost of goods sold * 365
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
--
|
17.97
|
20.77
|
30.01
|
33.10
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Cash Conversion Cycle
--
--
Receivable Days + Inventory Days - Payable Days
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
--
|
16.15
|
22.90
|
21.68
|
38.21
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Valuation
Price / Earnings
9.80
Lower than Peers by 4.82
Current share price divided by earning per share in the last twelve months
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
9.80
|
7.97
|
4.74
|
4.04
|
4.63
|
|
Peer Median
|
14.62
|
--
|
--
|
--
|
--
|
Price / Book Value
1.86
Lower than Peers by 0.27
Current share price divided by book value per share in the latest financial year
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
1.86
|
1.09
|
0.88
|
1.34
|
0.70
|
|
Peer Median
|
2.14
|
--
|
--
|
--
|
--
|
Dividend Yield
7.98
Higher than Peers by 7.23
Dividend per share in the past twelve months divided by current share price
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
7.98
|
--
|
--
|
--
|
--
|
|
Peer Median
|
0.75
|
--
|
--
|
--
|
--
|
EV/EBITDA
5.55
--
Enterprise Value (Current Market Capitalisation + Total Debt - Cash & Equivalents) / Earnings before interest, taxes, depreciation and taxes (EBITDA)
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
5.55
|
4.30
|
4.04
|
2.89
|
3.43
|
|
Peer Median
|
--
|
--
|
--
|
--
|
--
|
Market Cap
3,569
Higher than Peers by 2,903
Current Share price multiplied by latest total number of shares outstanding
|
Company Name
|
TTM
|
Dec-25
|
Dec-24
|
Dec-23
|
Dec-22
|
|---|---|---|---|---|---|
|
BW LPG Limited (BWLP)
|
3,569
|
--
|
--
|
--
|
--
|
|
Peer Median
|
666
|
--
|
--
|
--
|
--
|