AGHA Agha Steel Ind.Ltd

Agha Steel Ind.Ltd (AGHA) financial ratios

Agha Steel Ind.Ltd earned a net margin of -56.5% in FY2026 against a five-year average of -29.9% (Engineering median 3.2%). Return on equity was -24.0%, compared with a sector median of 5.0%. The current ratio stood at 0.25× and debt was 126.4% of equity. Cash took about 291 days to cycle through receivables, inventory and payables.

FY2026 vs the Engineering median

Gross margin: -28.1%; Sector median 6.3%
Operating margin: -37.4%; Sector median 6.5%
Net margin: -56.5%; Sector median 3.2%
Return on equity (ROE): -24.0%; Sector median 5.0%
Return on assets (ROA): -8.7%; Sector median 2.3%
Current ratio: 0.25×; Sector median 1.36×
Debt to equity: 126.4%; Sector median 19.2%
Asset turnover: 0.15×; Sector median 0.51×

Median of the 15 companies in the sector with the figure for their latest fiscal year.

AGHA financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018
Profitability
Gross margin	(28.1%)	(19.1%)	(5.0%)	23.1%	21.3%	22.6%	24.2%	19.4%	25.2%
EBITDA margin	(20.3%)	(23.3%)	(11.9%)	22.4%	20.4%	21.5%	24.0%	16.2%	21.5%
Operating margin	(37.4%)	(36.7%)	(15.1%)	20.2%	18.7%	19.7%	21.7%	16.2%	21.5%
Pre-tax margin	(74.3%)	(74.9%)	(56.9%)	4.4%	8.9%	12.9%	10.3%	5.8%	16.5%
Net margin	(56.5%)	(67.6%)	(37.2%)	4.4%	7.2%	10.3%	9.2%	7.3%	13.6%
Effective tax rate	—	—	—	(0.0%)	18.9%	20.3%	11.1%	(26.7%)	17.4%
Returns
Return on equity (ROE)	(24.0%)	(29.4%)	(22.8%)	5.6%	12.6%	18.5%	17.3%	13.3%	—
Return on assets (ROA)	(8.7%)	(12.5%)	(10.0%)	2.2%	4.8%	6.2%	4.5%	3.5%	—
Return on invested capital (ROIC)	—	—	—	10.6%	5.2%	10.7%	11.5%	11.2%	—
Liquidity
Current ratio	0.25×	0.34×	0.52×	1.04×	1.13×	1.28×	1.08×	1.20×	1.11×
Quick ratio	0.18×	0.24×	0.39×	0.50×	0.49×	0.60×	0.48×	0.51×	0.54×
Leverage
Debt to equity	126.4%	117.2%	85.3%	137.0%	146.5%	139.7%	216.3%	260.2%	216.9%
Debt to capital	55.8%	54.0%	46.0%	57.8%	59.4%	58.3%	68.4%	72.2%	68.4%
Debt to assets	43.6%	44.0%	40.0%	54.1%	55.3%	54.5%	58.9%	65.3%	60.4%
Assets to equity	2.77×	2.36×	2.28×	2.59×	2.61×	2.98×	3.81×	3.80×	—
Efficiency
Asset turnover	0.15×	0.18×	0.27×	0.49×	0.67×	0.61×	0.49×	0.48×	—
Receivable days days	210	216	195	129	92	98	124	146	—
Inventory days days	87	93	178	263	198	216	295	280	—
Payable days days	6	1	9	20	17	25	31	23	—
Cash conversion cycle days	291	309	364	372	272	288	387	403	—
Dividends
Dividend payout ratio	—	—	—	0.0%	0.0%	0.0%	0.0%	0.0%	0.0%
Earnings retention rate	—	—	—	1.00×	1.00×	1.00×	1.00×	1.00×	1.00×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.