Valuation · at the close on 16 Oct 2026

Engro Powergen Qadirpur Limited (EPQL) valuation

At Rs 23.57 (close on 16 Oct 2026) EPQL trades at 10.6× earnings (TTM to Jun 2026), above its five-year average of 6.0× and above the Power Generation & Distribution median of 8.7×. The shares are priced at 0.66× book value (sector median 0.72×). Enterprise value of Rs 9.0 bn is 5.3× EBITDA. The dividend yield is 49.9%, against a five-year average of 28.7%.

P/E · today

10.6×

TTM to Jun 2026

5-yr average6.0× Sector median8.7×

P/B · today

0.66×

Quarter to Jun 2026

5-yr average0.63× Sector median0.72×

EV/EBITDA · today

5.3×

5-yr average5.4× Sector median10.1×

Dividend yield · today

49.9%

FY2025

5-yr average28.7% Payers' median10.3%

Market value Rs 7.6 bn at Rs 23.57. Sector medians use the latest close of 16 Power Generation & Distribution companies; P/E and P/B only where earnings / book value are positive; the yield median covers dividend payers only. Not investment advice.

Valuation history

At each fiscal year-end price.

5 10 All

EPQL valuation history (annual) (Rs bn)

Rs bn	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
Market capitalisation	10.5	8.7	10.3	8.0	6.3	6.4	8.5	9.3	10.7	11.3	11.1	13.3	—	—
Enterprise value	11.8	12.6	13.9	13.5	10.9	10.0	13.0	16.5	18.7	20.5	21.2	24.4	—	—
Share price (period end) Rs	32.36	26.72	31.92	24.78	19.33	19.90	26.19	28.57	33.02	34.76	34.18	41.15	—	—
P/E (diluted)	12.53×	4.04×	4.12×	5.45×	3.93×	3.10×	2.49×	3.52×	4.47×	6.30×	6.16×	6.59×	—	—
Price to book	0.90×	0.61×	0.71×	0.61×	0.39×	0.41×	0.61×	0.80×	1.09×	1.33×	1.48×	2.05×	—	—
Price to sales	0.88×	0.65×	0.78×	0.80×	0.61×	0.80×	0.64×	0.78×	0.92×	0.98×	0.83×	1.11×	—	—
EV / EBITDA	6.78×	4.54×	4.55×	6.21×	5.56×	4.21×	3.03×	4.58×	5.66×	7.35×	7.16×	7.53×	—	—
EV / Sales	0.99×	0.95×	1.05×	1.35×	1.07×	1.23×	0.98×	1.39×	1.61×	1.79×	1.59×	2.03×	—	—
Dividend yield (gross)	32.4%	28.1%	11.0%	56.5%	16.8%	6.3%	11.5%	10.5%	9.8%	7.2%	7.3%	3.6%	—	—
Free cash flow yield	57.3%	23.2%	29.5%	46.5%	(0.9%)	28.3%	42.9%	30.1%	23.9%	15.2%	19.1%	8.4%	—	—
PEG ratio	(0.21×)	(0.27×)	0.06×	(0.71×)	(0.17×)	(0.08×)	0.08×	0.36×	0.13×	(11.55×)	(0.56×)	0.17×	—	—
P/E (diluted, normalised)	12.53×	4.04×	4.10×	5.49×	3.89×	3.26×	2.49×	3.52×	4.68×	6.65×	6.15×	6.76×	—	—
Price to book — 5-year average	0.63×	0.54×	0.54×	0.55×	0.61×	0.78×	0.99×	1.27×	—	—	—	—	—	—
EV / EBITDA — 5-year average	5.36×	4.94×	4.43×	4.44×	4.45×	4.81×	5.31×	6.37×	—	—	—	—	—	—
Dividend yield — 5-year average	28.7%	24.1%	20.5%	20.6%	10.8%	9.1%	9.1%	7.4%	—	—	—	—	—	—

EPQL valuation: frequently asked questions

What is EPQL's P/E ratio? +

At the closing price of Rs 23.57 on 16 Oct 2026, EPQL trades at a P/E of 10.6× based on EPS of Rs 2.23 (TTM to Jun 2026).

What is EPQL's book value per share? +

Engro Powergen Qadirpur Limited's book value per share was Rs 35.92 at the end of FY2025. The shares trade at 0.66× book value.

Information only, not investment advice.