Engro Fertilizers Limited (EFERT) financial ratios

Engro Fertilizers Limited earned a net margin of 9.5% in FY2025 against a five-year average of 11.7% (Fertilizer median 15.2%). Return on equity was 49.1%, compared with a sector median of 27.4%. The current ratio stood at 0.77× and debt was 149.6% of equity. Cash took about 102 days to cycle through receivables, inventory and payables.

FY2025 vs the Fertilizer median

Gross margin: 25.8%; Sector median 28.3%
Operating margin: 18.4%; Sector median 20.6%
Net margin: 9.5%; Sector median 15.2%
Return on equity (ROE): 49.1%; Sector median 27.4%
Return on assets (ROA): 12.2%; Sector median 12.4%
Current ratio: 0.77×; Sector median 1.25×
Debt to equity: 149.6%; Sector median 44.4%
Asset turnover: 1.28×; Sector median 0.81×
Dividend payout ratio: 112.1%; Sector median 30.0%

Median of the 5 companies in the sector with the figure for their latest fiscal year.

EFERT financial ratios (annual) (Rs mn)
Rs mn	FY2025 Jan – Dec 2025	FY2024 Jan – Dec 2024	FY2023 Jan – Dec 2023	FY2022 Jan – Dec 2022	FY2021 Jan – Dec 2021	FY2020 Jan – Dec 2020	FY2019 Jan – Dec 2019	FY2018 Jan – Dec 2018	FY2017 Jan – Dec 2017	FY2016 Jan – Dec 2016	FY2015 Jan – Dec 2015	FY2014 Jan – Dec 2014	FY2013 Jan – Dec 2013	FY2012 Jan – Dec 2012	FY2011 Jan – Dec 2011	FY2010 Jan – Dec 2010
Profitability
Gross margin	25.8%	27.0%	31.2%	23.9%	29.6%	27.8%	28.2%	27.9%	24.0%	19.2%	35.6%	35.3%	42.5%	32.0%	53.1%	46.5%
EBITDA margin	20.6%	19.6%	24.7%	20.7%	25.9%	26.0%	27.8%	28.3%	24.2%	19.9%	33.1%	35.0%	44.7%	38.4%	52.9%	35.9%
Operating margin	18.4%	17.8%	22.8%	18.5%	23.6%	21.0%	23.1%	23.5%	17.6%	12.6%	27.7%	27.3%	34.8%	22.1%	43.9%	32.4%
Pre-tax margin	16.9%	17.6%	22.2%	16.9%	22.6%	20.1%	22.6%	22.2%	21.6%	19.6%	23.9%	19.4%	16.7%	(12.9%)	21.9%	27.4%
Net margin	9.5%	11.0%	11.7%	10.2%	15.9%	17.1%	13.9%	15.9%	14.5%	13.4%	16.8%	13.4%	11.0%	(9.6%)	14.6%	19.6%
Effective tax rate	43.5%	37.4%	47.3%	39.8%	29.4%	14.9%	38.4%	28.3%	33.1%	31.9%	29.7%	31.0%	34.4%	—	33.3%	28.4%
Returns
Return on equity (ROE)	49.1%	59.3%	56.4%	34.7%	45.0%	40.3%	38.0%	39.6%	26.5%	22.1%	38.6%	27.6%	26.9%	(17.1%)	28.4%	—
Return on assets (ROA)	12.2%	17.1%	17.1%	11.5%	15.9%	14.0%	13.8%	15.2%	10.4%	8.9%	13.6%	7.4%	5.3%	(3.0%)	4.6%	—
Return on invested capital (ROIC)	27.0%	45.4%	44.9%	24.9%	30.5%	28.2%	24.9%	24.2%	16.5%	14.6%	22.4%	14.9%	11.8%	—	10.2%	—
Liquidity
Current ratio	0.77×	0.76×	0.78×	0.72×	0.99×	1.24×	1.14×	1.15×	1.04×	1.17×	0.92×	1.02×	1.34×	0.55×	0.81×	0.83×
Quick ratio	0.49×	0.42×	0.54×	0.44×	0.63×	0.95×	0.78×	0.72×	0.69×	0.68×	0.55×	0.86×	1.09×	0.33×	0.47×	0.56×
Leverage
Debt to equity	149.6%	71.6%	13.6%	47.7%	56.3%	53.5%	76.1%	69.9%	85.2%	87.5%	85.3%	127.6%	234.6%	426.5%	372.7%	540.9%
Debt to capital	59.9%	41.7%	12.0%	32.3%	36.0%	34.9%	43.2%	41.1%	46.0%	46.7%	46.0%	56.1%	70.1%	81.0%	78.8%	84.4%
Debt to assets	33.6%	19.9%	4.0%	14.8%	20.0%	19.0%	25.9%	27.0%	32.3%	35.5%	34.0%	39.4%	53.5%	69.1%	68.8%	75.2%
Assets to equity	4.01×	3.48×	3.29×	3.02×	2.82×	2.87×	2.76×	2.61×	2.55×	2.49×	2.84×	3.72×	5.08×	5.76×	6.17×	—
Efficiency
Asset turnover	1.28×	1.55×	1.46×	1.13×	1.00×	0.82×	0.99×	0.95×	0.72×	0.67×	0.81×	0.55×	0.48×	0.31×	0.32×	—
Receivable days days	49	35	33	43	42	70	67	56	71	52	12	7	17	37	41	—
Inventory days days	73	58	56	66	67	76	73	69	77	76	56	53	73	104	129	—
Payable days days	20	23	20	18	28	39	29	25	41	67	90	111	105	115	113	—
Cash conversion cycle days	102	70	70	91	80	107	111	100	106	61	(22)	(51)	(15)	25	57	—
Dividends
Dividend payout ratio	112.1%	101.6%	104.5%	112.6%	98.1%	81.0%	110.8%	84.3%	101.7%	100.5%	53.9%	0.0%	0.0%	—	0.0%	0.0%
Earnings retention rate	(0.12×)	(0.02×)	(0.05×)	(0.13×)	0.02×	0.19×	(0.11×)	0.16×	(0.02×)	(0.00×)	0.46×	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.

EFERT: frequently asked questions

What is EFERT's EPS?

Engro Fertilizers Limited reported basic earnings per share of Rs 16.95 for FY2025 (Jan – Dec 2025). Over the trailing twelve months (TTM to Jun 2026) EPS was Rs 15.95.

What is EFERT's P/E ratio?

At the closing price of Rs 194.82 on 16 Oct 2026, EFERT trades at a P/E of 12.2× based on EPS of Rs 15.95 (TTM to Jun 2026).

Does EFERT pay dividends?

Yes. Engro Fertilizers Limited declared a dividend of Rs 15.00 per share for FY2025. It has paid a dividend in each of the last 12 years. At Rs 194.82 that is a dividend yield of 7.7%.

What was EFERT's revenue and profit in FY2025?

Engro Fertilizers Limited reported revenue of Rs 237.1 bn and profit attributable to shareholders of Rs 22.6 bn for FY2025 (Jan – Dec 2025).

What is EFERT's book value per share?

Engro Fertilizers Limited's book value per share was Rs 33.51 at the end of FY2025. The shares trade at 5.93× book value.

Information only, not investment advice.