Arif Habib Limited (AHL) financial ratios

Arif Habib Limited earned a net margin of 33.8% in FY2026 against a five-year average of 49.1% (Inv. Banks / Inv. Cos. / Securities Cos. median 33.8%). Return on equity was 53.4%, compared with a sector median of 18.1%. The current ratio stood at 1.26× and debt was 64.6% of equity. Cash took about 145 days to cycle through receivables, inventory and payables.

FY2026 vs the Inv. Banks / Inv. Cos. / Securities Cos. median

Net margin: 33.8%; Sector median 33.8%
Return on equity (ROE): 53.4%; Sector median 18.1%
Return on assets (ROA): 13.0%; Sector median 6.7%
Debt to equity: 64.6%; Sector median 30.4%
Dividend payout ratio: 55.4%; Sector median 0.0%

Median of the 35 companies in the sector with the figure for their latest fiscal year.

AHL 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	FY2017 Jul 2016 – Jun 2017	FY2016 * Jul 2015 – Jun 2016	FY2015 * Jul 2014 – Jun 2015	FY2014 * Jul 2013 – Jun 2014	FY2013 * Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 * Jul 2010 – Jun 2011	FY2010 * Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009	FY2008 * Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007
Profitability
Pre-tax margin	47.8%	50.4%	50.9%	26.9%	141.3%	85.1%	24.0%	10.7%	98.0%	82.8%	68.2%	74.6%	74.0%	68.8%	28.7%	(211.8%)	29.0%	17.3%	32.9%	32.4%
Net margin	33.8%	36.6%	40.9%	13.9%	120.3%	74.2%	12.2%	(51.8%)	80.5%	63.9%	61.2%	60.5%	71.2%	65.6%	26.5%	(215.4%)	25.8%	16.2%	30.0%	28.7%
Effective tax rate	29.3%	27.4%	19.7%	48.2%	14.9%	12.9%	49.1%	583.8%	17.9%	22.8%	10.2%	18.9%	3.8%	4.7%	7.4%	—	10.9%	6.3%	8.9%	11.4%
Returns
Return on equity (ROE)	53.4%	60.6%	19.6%	3.5%	16.1%	50.4%	2.3%	(2.1%)	16.8%	29.8%	15.2%	39.6%	48.8%	31.4%	40.1%	(55.4%)	11.8%	17.4%	55.5%	69.7%
Return on assets (ROA)	13.0%	15.3%	9.2%	2.1%	9.4%	27.2%	1.2%	(1.2%)	9.6%	15.6%	8.5%	21.1%	19.5%	11.1%	16.3%	(33.5%)	5.9%	8.8%	34.5%	33.2%
Leverage
Debt to equity	64.6%	47.3%	57.2%	32.4%	47.0%	27.8%	81.1%	65.1%	46.2%	44.0%	69.6%	21.5%	118.5%	106.3%	175.2%	46.5%	45.6%	93.8%	16.0%	0.0%
Debt to capital	39.2%	32.1%	36.4%	24.4%	32.0%	21.7%	44.8%	39.4%	31.6%	30.6%	41.0%	17.7%	54.2%	51.5%	63.7%	31.8%	31.3%	48.4%	13.8%	0.0%
Debt to assets	14.6%	12.8%	13.0%	20.8%	27.3%	16.4%	38.6%	33.7%	26.9%	24.8%	33.9%	14.3%	50.0%	39.5%	58.9%	27.5%	27.9%	38.9%	10.7%	0.0%
Assets to equity	4.09×	3.97×	2.14×	1.64×	1.71×	1.85×	2.02×	1.82×	1.75×	1.91×	1.78×	1.88×	2.50×	2.82×	2.46×	1.66×	2.01×	1.98×	1.61×	2.10×
Dividends
Dividend payout ratio	55.4%	33.3%	26.4%	217.6%	72.1%	7.1%	0.0%	—	102.6%	43.7%	94.0%	41.5%	33.6%	39.2%	36.9%	—	30.8%	0.0%	13.1%	62.2%
Earnings retention rate	0.45×	0.67×	0.74×	(1.18×)	0.28×	0.93×	1.00×	—	(0.03×)	0.56×	0.06×	0.59×	0.66×	0.61×	0.63×	—	0.69×	1.00×	0.87×	0.38×

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.

AHL: frequently asked questions

What is AHL's EPS?

Arif Habib Limited reported basic earnings per share of Rs 18.06 for FY2026 (Jul 2025 – Jun 2026).

What is AHL's P/E ratio?

At the closing price of Rs 111.07 on 16 Oct 2026, AHL trades at a P/E of 6.1× based on EPS of Rs 18.06 (FY2026).

Does AHL pay dividends?

Yes. Arif Habib Limited declared a dividend of Rs 12.50 per share for FY2026. It has paid a dividend in each of the last 7 years. At Rs 111.07 that is a dividend yield of 11.3%.

What was AHL's revenue and profit in FY2026?

Arif Habib Limited reported revenue of Rs 3.5 bn and profit attributable to shareholders of Rs 1.2 bn for FY2026 (Jul 2025 – Jun 2026).

What is AHL's book value per share?

Arif Habib Limited's book value per share was Rs 37.88 at the end of FY2026. The shares trade at 2.93× book value.

Information only, not investment advice.