Dorian LPG Ltd (LPG)

Operating profit margin

Mar 31, 2025 Mar 31, 2024 Mar 31, 2023 Mar 31, 2022 Mar 31, 2021
Operating income US$ in thousands 328,830 198,360 92,399 116,100
Revenue US$ in thousands 353,341 560,717 389,749 274,221 315,939
Operating profit margin 0.00% 58.64% 50.89% 33.70% 36.75%

March 31, 2025 calculation

Operating profit margin = Operating income ÷ Revenue
= $—K ÷ $353,341K
= 0.00%

Dorian LPG Ltd's operating profit margin has displayed a fluctuating trend over the past five years. It stood at 36.75% as of March 31, 2021, indicating a healthy level of profitability. However, there was a slight dip to 33.70% by March 31, 2022, suggesting a marginal decrease in operational efficiency.

The company's performance improved significantly in the subsequent years, with the operating profit margin soaring to 50.89% by March 31, 2023, and further rising to 58.64% by March 31, 2024. These substantial increases demonstrate a robust management of operational costs and a more efficient utilization of resources, resulting in enhanced profitability.

Surprisingly, by March 31, 2025, the operating profit margin plummeted to 0.00%, signaling a concerning development. This sudden drop could indicate various factors such as rising expenses, declining revenues, or one-time charges impacting the profitability of the company.

Overall, while Dorian LPG Ltd's operating profit margin has experienced fluctuations, it is imperative for the company to closely monitor operational efficiency and cost management to sustain and enhance profitability in the future.