Khairpur Sugar Mills Limited (KPUS) financial ratios

Khairpur Sugar Mills Limited earned a net margin of 0.6% in FY2025 against a five-year average of 1.0% (Sugar & Allied Industries median 0.6%). Return on equity was 1.4%, compared with a sector median of 2.0%. The current ratio stood at 1.06× and debt was 69.4% of equity. Cash took about 94 days to cycle through receivables, inventory and payables.

FY2025 vs the Sugar & Allied Industries median

Gross margin: 9.8%; Sector median 9.9%
Operating margin: 6.7%; Sector median 6.4%
Net margin: 0.6%; Sector median 0.6%
Return on equity (ROE): 1.4%; Sector median 2.0%
Return on assets (ROA): 0.6%; Sector median 0.6%
Current ratio: 1.06×; Sector median 0.93×
Debt to equity: 69.4%; Sector median 60.7%
Asset turnover: 1.14×; Sector median 1.01×
Dividend payout ratio: 0.0%; Sector median 0.0%

Median of the 28 companies in the sector with the figure for their latest fiscal year.

KPUS financial ratios (annual) (Rs mn)
Rs mn	FY2025 * Oct 2024 – Sep 2025	FY2024 Oct 2023 – Sep 2024	FY2023 Oct 2022 – Sep 2023	FY2022 * Oct 2021 – Sep 2022	FY2021 Oct 2020 – Sep 2021	FY2020 Oct 2019 – Sep 2020	FY2019 * Oct 2018 – Sep 2019	FY2018 Oct 2017 – Sep 2018	FY2017 Oct 2016 – Sep 2017	FY2016 Oct 2015 – Sep 2016	FY2015 Oct 2014 – Sep 2015
Profitability
Gross margin	9.8%	10.1%	17.2%	13.5%	15.1%	11.6%	9.2%	0.9%	6.5%	7.8%	13.2%
EBITDA margin	9.1%	9.4%	16.8%	11.5%	12.8%	10.8%	7.0%	8.3%	4.6%	6.1%	10.7%
Operating margin	6.7%	7.2%	11.8%	8.7%	10.3%	8.0%	4.6%	6.4%	2.0%	4.2%	8.3%
Pre-tax margin	1.9%	2.1%	2.5%	3.5%	3.9%	0.1%	(2.0%)	2.2%	(3.8%)	1.0%	4.4%
Net margin	0.6%	0.5%	0.4%	1.9%	1.8%	(0.8%)	(1.5%)	0.1%	(3.2%)	1.4%	2.6%
Effective tax rate	71.0%	75.4%	84.7%	46.7%	53.8%	734.0%	—	96.0%	—	(33.2%)	40.8%
Returns
Return on equity (ROE)	1.4%	1.5%	0.5%	5.5%	6.5%	(3.5%)	(10.7%)	1.8%	(49.8%)	35.9%	—
Return on assets (ROA)	0.6%	0.7%	0.2%	2.1%	1.9%	(0.9%)	(1.7%)	0.1%	(3.4%)	2.7%	—
Return on invested capital (ROIC)	2.6%	2.7%	1.2%	6.4%	5.9%	(70.7%)	—	0.5%	—	18.7%	—
Liquidity
Current ratio	1.06×	1.08×	1.07×	0.89×	0.81×	0.73×	0.76×	0.88×	0.85×	0.73×	0.75×
Quick ratio	0.60×	0.38×	0.34×	0.34×	0.36×	0.40×	0.30×	0.34×	0.13×	0.41×	0.29×
Leverage
Debt to equity	69.4%	61.6%	62.5%	78.7%	176.3%	222.8%	205.1%	924.6%	1,125.6%	563.7%	792.1%
Debt to capital	41.0%	38.1%	38.5%	44.0%	63.8%	69.0%	67.2%	90.2%	91.8%	84.9%	88.8%
Debt to assets	32.5%	28.5%	28.6%	34.3%	52.9%	58.2%	51.1%	51.4%	61.5%	52.4%	47.8%
Assets to equity	2.15×	2.17×	2.23×	2.68×	3.52×	3.92×	6.43×	18.14×	14.77×	13.34×	—
Efficiency
Asset turnover	1.14×	1.30×	0.60×	1.09×	1.03×	1.12×	1.10×	1.15×	1.06×	1.97×	—
Receivable days days	48	28	60	35	39	34	28	25	31	21	—
Inventory days days	78	90	208	96	79	76	108	132	128	33	—
Payable days days	33	40	101	49	46	57	105	111	109	68	—
Cash conversion cycle days	94	78	167	82	72	54	31	46	50	(14)	—
Dividends
Dividend payout ratio	0.0%	0.0%	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×	—	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.

KPUS: frequently asked questions

What is KPUS's EPS?

Khairpur Sugar Mills Limited reported basic earnings per share of Rs 3.84 for FY2025 (Oct 2024 – Sep 2025). Over the trailing twelve months (TTM to Jun 2026) EPS was Rs 5.69.

What is KPUS's P/E ratio?

At the closing price of Rs 1,180.36 on 16 Oct 2026, KPUS trades at a P/E of 207.4× based on EPS of Rs 5.69 (TTM to Jun 2026).

Does KPUS pay dividends?

Khairpur Sugar Mills Limited did not declare a cash dividend for FY2025.

What was KPUS's revenue and profit in FY2025?

Khairpur Sugar Mills Limited reported revenue of Rs 11.1 bn and profit attributable to shareholders of Rs 61.5 mn for FY2025 (Oct 2024 – Sep 2025).

What is KPUS's book value per share?

Khairpur Sugar Mills Limited's book value per share was Rs 312.32 at the end of FY2025. The shares trade at 3.67× book value.

Information only, not investment advice.