SZTM Shahzad Textile Mills Limited

Shahzad Textile Mills Limited (SZTM) financial ratios

The current ratio stood at 1.19× and debt was 29.4% of equity. Cash took about 25 days to cycle through receivables, inventory and payables.

FY2026 vs the Textile Spinning median

Gross margin: 8.6%; Sector median 7.8%
Operating margin: 3.9%; Sector median 2.9%
Current ratio: 1.19×; Sector median 0.90×
Debt to equity: 29.4%; Sector median 87.5%

Median of the 51 companies in the sector with the figure for their latest fiscal year.

SZTM 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
Profitability
Gross margin	8.6%	6.1%	4.7%	2.8%	11.5%	10.5%	7.5%	8.1%	4.9%	5.4%	5.0%
EBITDA margin	—	2.7%	1.9%	0.2%	7.9%	7.9%	5.3%	7.1%	4.0%	4.1%	3.2%
Operating margin	3.9%	1.7%	0.8%	(1.4%)	6.6%	6.2%	2.5%	5.4%	2.0%	2.2%	0.8%
Pre-tax margin	2.9%	2.5%	(0.5%)	(3.2%)	6.4%	6.3%	1.4%	3.1%	1.9%	1.4%	0.6%
Net margin	—	1.4%	(0.9%)	(3.2%)	4.0%	4.4%	1.1%	2.2%	1.3%	0.8%	(0.4%)
Effective tax rate	26.8%	43.5%	—	—	37.0%	30.3%	27.1%	30.7%	28.6%	45.8%	161.7%
Returns
Return on equity (ROE)	—	4.6%	(3.1%)	(8.7%)	12.7%	11.9%	2.0%	6.0%	3.7%	2.0%	—
Return on assets (ROA)	—	2.6%	(1.8%)	(5.2%)	7.6%	7.1%	1.2%	3.7%	2.3%	1.3%	—
Return on invested capital (ROIC)	—	4.7%	—	—	11.2%	10.2%	3.3%	5.9%	4.2%	2.3%	—
Liquidity
Current ratio	1.19×	1.10×	1.09×	1.18×	1.53×	1.32×	1.18×	1.24×	1.15×	1.10×	1.18×
Quick ratio	0.57×	0.60×	0.59×	0.59×	0.81×	0.61×	0.46×	0.51×	0.42×	0.38×	0.48×
Leverage
Debt to equity	29.4%	33.9%	36.5%	28.8%	29.7%	30.3%	33.6%	28.9%	27.8%	31.2%	18.7%
Debt to capital	22.7%	25.3%	26.7%	22.4%	22.9%	23.3%	25.2%	22.4%	21.7%	23.8%	15.8%
Debt to assets	—	19.0%	20.7%	16.9%	17.6%	18.2%	19.7%	17.6%	17.1%	18.8%	12.2%
Assets to equity	—	1.78×	1.74×	1.70×	1.68×	1.69×	1.68×	1.63×	1.64×	1.60×	—
Efficiency
Asset turnover	—	1.86×	2.00×	1.61×	1.88×	1.60×	1.12×	1.71×	1.72×	1.63×	—
Receivable days days	16	18	20	25	18	14	15	9	12	12	—
Inventory days days	39	35	31	40	39	45	60	43	45	41	—
Payable days days	31	28	25	29	22	26	39	26	22	21	—
Cash conversion cycle days	25	24	26	37	35	33	35	27	34	32	—
Dividends
Dividend payout ratio	—	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×	—

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.

SZTM: frequently asked questions

What is SZTM's EPS?

Shahzad Textile Mills Limited reported basic earnings per share of Rs 14.32 for FY2026 (Jul 2025 – Jun 2026).

What is SZTM's P/E ratio?

At the closing price of Rs 83.30 on 16 Oct 2026, SZTM trades at a P/E of 5.8× based on EPS of Rs 14.32 (FY2026).

Information only, not investment advice.