MUREB Murree Brewery Company Limited

Murree Brewery Company Limited (MUREB) financial ratios

Murree Brewery Company Limited earned a net margin of 11.8% in FY2026 against a five-year average of 9.9% (Food & Personal Care Products median 3.0%). Return on equity was 19.9%, compared with a sector median of 12.0%. The current ratio stood at 3.49× and debt was 0.0% of equity. Cash took about 64 days to cycle through receivables, inventory and payables.

FY2026 vs the Food & Personal Care Products median

Gross margin: 24.9%; Sector median 20.8%
Operating margin: 16.0%; Sector median 7.3%
Net margin: 11.8%; Sector median 3.0%
Return on equity (ROE): 19.9%; Sector median 12.0%
Return on assets (ROA): 15.3%; Sector median 4.5%
Current ratio: 3.49×; Sector median 1.21×
Debt to equity: 0.0%; Sector median 31.9%
Asset turnover: 1.29×; Sector median 1.30×
Dividend payout ratio: 30.3%; Sector median 8.4%

Median of the 25 companies in the sector with the figure for their latest fiscal year.

MUREB 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
Gross margin	24.9%	25.7%	23.5%	18.8%	23.2%	25.5%	25.6%	27.5%	32.4%	30.3%	33.7%	35.5%	35.3%	33.8%	31.2%	33.4%	31.9%	28.0%	29.6%	26.7%
EBITDA margin	17.6%	17.5%	16.0%	11.0%	13.6%	15.7%	12.2%	16.6%	21.3%	21.4%	24.7%	26.3%	26.7%	26.2%	24.1%	25.9%	23.7%	19.8%	20.9%	20.5%
Operating margin	16.0%	15.7%	14.2%	8.8%	11.1%	12.0%	7.5%	13.1%	18.3%	17.4%	21.0%	23.7%	23.7%	22.4%	19.4%	21.7%	18.8%	15.9%	16.7%	14.5%
Pre-tax margin	18.7%	18.6%	17.1%	11.4%	14.4%	14.3%	11.5%	16.7%	20.6%	18.9%	23.5%	27.0%	27.2%	24.3%	22.1%	23.4%	20.3%	15.4%	17.3%	16.8%
Net margin	11.8%	11.4%	11.0%	6.9%	8.5%	11.1%	7.6%	12.2%	14.6%	12.9%	17.0%	16.5%	18.6%	16.6%	14.5%	15.5%	12.2%	9.7%	11.4%	12.2%
Effective tax rate	36.6%	38.8%	35.6%	40.1%	41.0%	22.6%	34.3%	26.5%	29.1%	31.8%	27.8%	38.9%	31.4%	31.9%	34.6%	33.7%	39.9%	36.7%	34.0%	27.8%
Returns
Return on equity (ROE)	19.9%	20.2%	18.4%	10.0%	10.9%	12.0%	6.8%	12.5%	14.0%	10.6%	14.4%	14.3%	15.7%	13.2%	11.2%	13.0%	8.6%	6.2%	8.6%	16.9%
Return on assets (ROA)	15.3%	15.1%	14.4%	8.0%	8.9%	9.9%	5.7%	10.8%	12.2%	9.3%	12.6%	12.4%	13.5%	11.4%	9.6%	11.0%	7.4%	5.4%	7.1%	12.3%
Return on invested capital (ROIC)	19.9%	20.1%	18.4%	9.9%	10.7%	11.8%	6.9%	12.5%	14.0%	10.6%	14.3%	14.3%	15.7%	13.2%	11.2%	13.1%	8.7%	6.4%	8.6%	16.9%
Liquidity
Current ratio	3.49×	2.91×	2.91×	3.48×	3.51×	3.85×	3.61×	4.65×	4.80×	5.06×	5.81×	5.02×	4.29×	4.06×	3.86×	3.16×	2.72×	2.79×	2.55×	2.54×
Quick ratio	2.18×	1.98×	1.79×	1.68×	2.20×	2.61×	2.27×	2.99×	3.40×	3.41×	3.94×	3.75×	3.15×	2.66×	2.27×	1.57×	2.57×	1.15×	1.12×	2.36×
Leverage
Debt to equity	0.0%	0.1%	0.2%	0.1%	1.2%	2.7%	1.1%	1.8%	0.1%	0.2%	0.2%	0.0%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.8%
Debt to capital	0.0%	0.1%	0.2%	0.1%	1.1%	2.6%	1.1%	1.8%	0.1%	0.2%	0.2%	0.0%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.8%
Debt to assets	0.0%	0.1%	0.1%	0.1%	0.9%	2.2%	0.9%	1.6%	0.1%	0.2%	0.2%	0.0%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.1%	0.6%
Assets to equity	1.30×	1.33×	1.28×	1.24×	1.23×	1.21×	1.19×	1.16×	1.15×	1.14×	1.14×	1.15×	1.16×	1.16×	1.17×	1.17×	1.16×	1.15×	1.21×	1.38×
Efficiency
Asset turnover	1.29×	1.32×	1.30×	1.17×	1.05×	0.90×	0.76×	0.88×	0.83×	0.72×	0.74×	0.75×	0.72×	0.69×	0.66×	0.71×	0.61×	0.56×	0.62×	1.01×
Receivable days days	2	2	2	1	4	11	15	10	11	14	7	2	3	4	6	4	8	16	8	9
Inventory days days	79	76	86	85	76	88	108	85	92	116	111	96	105	117	130	78	71	133	94	64
Payable days days	16	12	13	18	19	22	21	17	18	37	39	18	20	20	20	48	56	19	64	63
Cash conversion cycle days	64	66	75	68	60	77	102	78	85	93	79	80	87	101	116	33	23	131	38	9
Dividends
Dividend payout ratio	30.3%	35.2%	32.2%	32.6%	74.8%	21.4%	121.7%	45.2%	53.3%	50.1%	20.4%	15.0%	13.1%	12.1%	18.1%	16.7%	22.9%	30.4%	30.5%	28.9%
Earnings retention rate	0.70×	0.65×	0.68×	0.67×	0.25×	0.79×	(0.22×)	0.55×	0.47×	0.50×	0.80×	0.85×	0.87×	0.88×	0.82×	0.83×	0.77×	0.70×	0.70×	0.71×

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.

MUREB: frequently asked questions

What is MUREB's EPS?

Murree Brewery Company Limited reported basic earnings per share of Rs 137.02 for FY2026 (Jul 2025 – Jun 2026).

What is MUREB's P/E ratio?

At the closing price of Rs 899.00 on 16 Oct 2026, MUREB trades at a P/E of 6.6× based on EPS of Rs 137.02 (FY2026).

Does MUREB pay dividends?

Yes. Murree Brewery Company Limited declared a dividend of Rs 41.50 per share for FY2026. It has paid a dividend in each of the last 20 years. At Rs 899.00 that is a dividend yield of 4.6%.

What was MUREB's revenue and profit in FY2026?

Murree Brewery Company Limited reported revenue of Rs 32.0 bn and profit attributable to shareholders of Rs 3.8 bn for FY2026 (Jul 2025 – Jun 2026).

What is MUREB's book value per share?

Murree Brewery Company Limited's book value per share was Rs 750.69 at the end of FY2026. The shares trade at 1.20× book value.

Information only, not investment advice.