POL Pakistan Oilfields Limited

Pakistan Oilfields Limited (POL) financial ratios

Pakistan Oilfields Limited earned a net margin of 52.7% in FY2026 against a five-year average of 51.7% (Oil & Gas Exploration Companies median 49.0%). Return on equity was 38.2%, compared with a sector median of 23.1%. The current ratio stood at 2.34× and debt was — of equity. Cash took about 243 days to cycle through receivables, inventory and payables.

FY2026 vs the Oil & Gas Exploration Companies median

Gross margin: 65.8%; Sector median 64.7%
Operating margin: 47.4%; Sector median 45.0%
Net margin: 52.7%; Sector median 49.0%
Return on equity (ROE): 38.2%; Sector median 23.1%
Return on assets (ROA): 17.7%; Sector median 15.7%
Current ratio: 2.34×; Sector median 3.59×
Asset turnover: 0.34×; Sector median 0.30×
Dividend payout ratio: 65.1%; Sector median 32.9%

Median of the 4 companies in the sector with the figure for their latest fiscal year.

POL 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	65.8%	68.4%	68.2%	67.1%	63.9%	58.7%	57.2%	56.9%	51.6%	51.0%	44.8%	52.0%	52.6%	55.4%	60.5%	62.1%	60.1%	58.4%	62.6%	60.1%
EBITDA margin	55.3%	45.2%	61.8%	55.3%	66.2%	61.4%	56.5%	59.5%	53.3%	54.9%	47.4%	48.0%	60.9%	54.7%	62.0%	60.7%	58.9%	48.2%	61.2%	57.6%
Operating margin	47.4%	39.2%	55.0%	48.6%	56.4%	50.7%	46.1%	47.2%	38.4%	41.0%	31.9%	34.4%	43.9%	45.5%	53.6%	53.8%	49.4%	39.0%	52.4%	49.2%
Pre-tax margin	68.0%	57.7%	76.8%	81.7%	71.6%	62.6%	50.2%	46.3%	44.5%	56.0%	46.6%	36.0%	46.5%	49.2%	57.4%	62.8%	56.6%	50.2%	56.4%	52.5%
Net margin	52.7%	39.3%	56.4%	59.7%	50.3%	41.8%	37.2%	29.8%	35.3%	43.1%	40.0%	26.2%	34.5%	36.5%	38.3%	46.3%	44.6%	35.0%	34.9%	37.8%
Effective tax rate	22.6%	31.9%	26.6%	26.9%	29.8%	33.2%	25.7%	35.6%	20.6%	23.1%	14.2%	27.2%	25.8%	25.9%	33.3%	26.2%	21.1%	30.2%	55.7%	43.6%
Returns
Return on equity (ROE)	38.2%	27.1%	47.1%	58.0%	54.4%	36.3%	34.9%	32.7%	29.9%	32.6%	29.4%	23.1%	34.5%	29.5%	30.1%	34.5%	27.6%	18.4%	24.4%	29.1%
Return on assets (ROA)	17.7%	12.7%	21.7%	25.8%	24.1%	16.1%	16.3%	16.2%	16.3%	18.9%	17.2%	14.1%	21.5%	19.4%	21.2%	25.4%	20.8%	14.2%	19.1%	20.9%
Return on invested capital (ROIC)	38.1%	27.1%	47.0%	57.9%	54.2%	36.2%	34.8%	32.6%	29.9%	32.5%	29.3%	23.0%	34.4%	29.4%	30.0%	34.4%	27.9%	18.3%	24.3%	27.0%
Liquidity
Current ratio	2.34×	2.40×	2.56×	2.25×	2.15×	1.88×	1.95×	2.05×	1.72×	2.21×	2.24×	2.39×	2.55×	2.11×	3.14×	3.19×	3.68×	3.60×	4.19×	4.30×
Quick ratio	2.20×	2.24×	2.41×	2.13×	1.99×	1.73×	1.79×	1.88×	1.53×	1.80×	1.72×	1.86×	2.06×	1.65×	2.64×	2.70×	2.87×	2.55×	3.40×	3.09×
Leverage
Assets to equity	2.16×	2.13×	2.17×	2.25×	2.25×	2.26×	2.14×	2.01×	1.84×	1.73×	1.71×	1.65×	1.60×	1.52×	1.42×	1.36×	1.33×	1.30×	1.28×	1.39×
Efficiency
Asset turnover	0.34×	0.32×	0.38×	0.43×	0.48×	0.38×	0.44×	0.54×	0.46×	0.44×	0.43×	0.54×	0.62×	0.53×	0.55×	0.55×	0.47×	0.40×	0.55×	0.55×
Receivable days days	183	179	132	101	84	106	102	87	78	55	63	59	55	53	47	51	45	46	45	62
Inventory days days	167	183	131	121	111	122	103	81	96	122	122	104	83	95	93	105	142	160	136	127
Payable days days	106	109	99	76	61	73	75	65	69	62	43	41	48	46	79	99	28	11	10	74
Cash conversion cycle days	243	253	163	146	135	155	130	103	105	114	142	122	90	101	61	57	158	195	170	115
Dividends
Dividend payout ratio	65.1%	117.4%	64.2%	53.3%	53.0%	55.3%	58.6%	64.1%	70.9%	79.6%	82.1%	115.1%	99.3%	99.0%	111.4%	55.6%	52.4%	47.2%	53.3%	54.8%
Earnings retention rate	0.35×	(0.17×)	0.36×	0.47×	0.47×	0.45×	0.41×	0.36×	0.29×	0.20×	0.18×	(0.15×)	0.01×	0.01×	(0.11×)	0.44×	0.48×	0.53×	0.47×	0.45×

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.

POL: frequently asked questions

What is POL's EPS?

Pakistan Oilfields Limited reported basic earnings per share of Rs 119.08 for FY2026 (Jul 2025 – Jun 2026).

What is POL's P/E ratio?

At the closing price of Rs 671.30 on 16 Oct 2026, POL trades at a P/E of 5.6× based on EPS of Rs 119.08 (FY2026).

Does POL pay dividends?

Yes. Pakistan Oilfields Limited declared a dividend of Rs 100.00 per share for FY2026. It has paid a dividend in each of the last 20 years. At Rs 671.30 that is a dividend yield of 14.9%.

What was POL's revenue and profit in FY2026?

Pakistan Oilfields Limited reported revenue of Rs 64.2 bn and profit attributable to shareholders of Rs 33.8 bn for FY2026 (Jul 2025 – Jun 2026).

What is POL's book value per share?

Pakistan Oilfields Limited's book value per share was Rs 332.13 at the end of FY2026. The shares trade at 2.02× book value.

Information only, not investment advice.