Last close · 16 Oct 2026
Rs 124.92 +0.69%
Financials
Nishat Mills Limited (NML) financials
20 years of annual results (FY2007 – FY2026), 80 quarters.
Nishat Mills Limited (NML) reported revenue of Rs 213.6 bn for FY2026 (Jul 2025 – Jun 2026), up 3.1% from FY2025.
Profit attributable to shareholders was Rs 14.4 bn (EPS Rs 41.08), up 183.0%, a net margin of 7.3%.
It declared a dividend of Rs 2.00 per share for FY2026 and has paid a dividend in each of the last 20 years.
Net debt stood at Rs 88.4 bn.
Return on equity was 8.4%.
Over the last five years revenue grew at a compound 15.3% a year.
At Rs 124.92 (close on 16 Oct 2026) the shares trade at 3.0× earnings (FY2026) and 0.24× book value, with a dividend yield of 1.6%.
Fundamentals
NML at a glance
Revenue · FY2026
Rs 213.6 bn
▲ 3.1% year on year
Profit attributable to shareholders · FY2026
Rs 14.4 bn
▲ 183.0% year on year
EPS – basic (Rs) · FY2026
Rs 41.08
▲ 183.0% year on year
Dividend per share (Rs) · FY2026
Rs 2.00
▲ 0.0% year on year
Net margin · FY2026
7.3%
+5.0 pts year on year
Debt to equity · FY2026
48.4%
-6.8 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 213.6 bn
- Profit attributable · FY2026
- Rs 14.4 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 344.6 bn
- Equity · FY2026
- Rs 186.4 bn
Financial highlights
NML financial results
| Rs bn | 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 |
|---|---|---|---|---|---|
| Revenue | 213.6 | 207.2 | 212.5 | 193.7 | 165.7 |
| Gross profit | 29.0 | 32.1 | 33.3 | 32.9 | 28.7 |
| Operating profit | 8.2 | 13.2 | 17.4 | 19.4 | 15.9 |
| Profit after tax | 15.6 | 4.7 | 10.5 | 13.3 | 13.9 |
| Profit attributable to shareholders | 14.4 | 5.1 | 7.9 | 11.3 | 12.3 |
| EPS – basic (Rs) Rs | 41.08 | 14.52 | 22.38 | 32.12 | 35.00 |
| Dividend per share (Rs) Rs | 2.00 | 2.00 | 3.00 | 5.00 | 4.00 |
| Total assets | 344.6 | 300.3 | 273.7 | 226.5 | 198.0 |
| Total equity | 208.1 | 170.2 | 157.8 | 136.2 | 127.0 |
| Total debt | 100.7 | 94.0 | 82.8 | 63.6 | 49.8 |
| Net cash from operating activities | 5.6 | 7.9 | 11.5 | 4.1 | 2.9 |
| Capital expenditure | (9.2) | (10.5) | (19.9) | (10.4) | (7.8) |
| Free cash flow (operating cash flow − capex) | (3.7) | (2.6) | (8.4) | (6.3) | (4.9) |
| Rs bn | TTM to Jun 2026 | Q4 FY2026 * Apr – Jun 2026 | Q3 FY2026 Jan – Mar 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 * Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 213.6 | 60.4 | 54.3 | 47.9 | 51.0 | 51.2 | 51.3 | 51.5 | 53.2 |
| Gross profit | 29.1 | 7.9 | 6.9 | 7.0 | 7.2 | 8.0 | 7.6 | 8.3 | 8.3 |
| Operating profit | 17.5 | 6.6 | 3.2 | 3.6 | 4.0 | 12.4 | 4.3 | 0.5 | 5.7 |
| Profit after tax | 15.6 | 8.3 | 1.5 | 4.1 | 1.7 | 5.9 | 1.0 | (5.3) | 3.1 |
| Profit attributable to shareholders | 14.4 | 7.9 | 1.2 | 3.9 | 1.4 | 5.3 | 0.6 | (3.1) | 2.3 |
| EPS – basic (Rs) Rs | 41.10 | 22.63 | 3.43 | 11.05 | 4.00 | 14.94 | 1.82 | (8.89) | 6.64 |
| Dividend per share (Rs) Rs | 2.00 | 2.00 | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 344.6 | 344.6 | 323.6 | 329.1 | 311.2 | 300.3 | 293.1 | 295.0 | 282.5 |
| Total equity | 208.1 | 208.1 | 186.4 | 187.3 | 180.9 | 170.2 | 159.9 | 159.4 | 162.4 |
| Total debt | 100.7 | 100.7 | 102.0 | 106.7 | 94.7 | 94.0 | 96.1 | 100.7 | 83.1 |
| Net cash from operating activities | 5.6 | 3.7 | 4.8 | (10.3) | 7.3 | 9.1 | 7.8 | (11.4) | 2.5 |
| Capital expenditure | (9.2) | (3.1) | (2.0) | (2.2) | (2.0) | (2.3) | (2.3) | (1.9) | (4.0) |
| Free cash flow (operating cash flow − capex) | (3.7) | 0.7 | 2.8 | (12.5) | 5.3 | 6.8 | 5.5 | (13.3) | (1.5) |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. Updated 16 Oct 2026.