Oil & Gas Development Company Limited

OGDC’s scorecard health verdict is “Improving,” with valuation “Fair.” Positives are strong profitability (89/100), perfect financial strength (100), momentum (100), shareholder returns (93) and outlook (77). Computed drivers include a 54.1% net margin, debt-to-equity of 0.01 and current ratio of 9.72. The digests support this: Q1 FY27 sales rose 38% and profit after tax 53%, FY26 was a record profit, and the company carries no debt with large cash balances and record dividends. Negatives are growth (16.7/100) and cash quality (6.7/100): three-year real revenue growth is -7.7%, real EPS growth -7.9%, and cash conversion (CFO/profit) is 0.49. The only red flag is receivable days of 448, above the 180-day threshold; digests cite large overdue circular-debt receivables and SNGPL/UPL production curtailment. Macro/rate context: Q1 finance income rose on interest on investments/deposits, while 9M finance income fell with lower interest on investments; PKR and crude prices also affected results.

Calculated 31 Oct 2026. Not investment advice; the figures above are the reference.