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Comparison

Exide Pakistan Limited vs Thal Limited

Thal Limited (THALL) is worth Rs 41.0 bn at the latest close, 12.4 times the market value of Exide Pakistan Limited (EXIDE) at Rs 3.3 bn. In their latest annual results EXIDE reported revenue of Rs 19.6 bn (FY2026) and THALL Rs 44.3 bn (FY2026). EXIDE trades at 9.8× earnings and THALL at 3.9×. Dividend yields: EXIDE 1.2%, THALL 5.9%.

EXIDE and THALL compared
Latest EXIDE FY2026 THALL FY2026
Price Rs 424.51 Rs 505.71
Market value Rs 3.3 bn Rs 41.0 bn
P/E 9.8× 3.9× (stronger)
P/B 0.44× (stronger) 0.67×
Dividend yield 1.2% 5.9% (stronger)
Revenue (latest year) Rs 19.6 bn Rs 44.3 bn
Revenue growth, year on year -17.8% 33.6% (stronger)
Revenue growth, 5 years a year 10.9% (stronger) 8.4%
Profit (latest year) Rs 431.6 mn Rs 10.5 bn (stronger)
EPS (latest year) Rs 55.55 Rs 129.04
Dividend per share Rs 5.00 Rs 30.00
Net margin 2.2% 25.6% (stronger)
Return on equity 6.0% 18.5% (stronger)
Debt to equity 63.9% 7.4% (stronger)
Current ratio 1.79× 3.01× (stronger)
Dividend streak (years) 4 18 (stronger)

Highlighted: the higher figure where higher is usually stronger (growth, margins, returns, yield) or the lower where lower is (P/E, P/B, debt). A highlight is a comparison, not a recommendation.

Revenue by fiscal year EXIDE THALL
Revenue by fiscal year Rs 44 bn EXIDE FY2017: Rs 12.9 bn THALL FY2017: Rs 18.1 bn FY2017 EXIDE FY2018: Rs 12.3 bn THALL FY2018: Rs 20.3 bn FY2018 EXIDE FY2019: Rs 9.5 bn THALL FY2019: Rs 23.5 bn FY2019 EXIDE FY2020: Rs 8.7 bn THALL FY2020: Rs 17.2 bn FY2020 EXIDE FY2021: Rs 11.7 bn THALL FY2021: Rs 29.6 bn FY2021 EXIDE FY2022: Rs 14.4 bn THALL FY2022: Rs 39.8 bn FY2022 EXIDE FY2023: Rs 23.4 bn THALL FY2023: Rs 33.1 bn FY2023 EXIDE FY2024: Rs 25.7 bn THALL FY2024: Rs 29.4 bn FY2024 EXIDE FY2025: Rs 23.9 bn THALL FY2025: Rs 33.1 bn FY2025 EXIDE FY2026: Rs 19.6 bn THALL FY2026: Rs 44.3 bn FY2026
Profit by fiscal year EXIDE THALL
Profit by fiscal year Rs 10 bn -Rs 559 mn EXIDE FY2017: Rs 739.3 mn THALL FY2017: Rs 5.1 bn FY2017 EXIDE FY2018: Rs 21.6 mn THALL FY2018: Rs 3.2 bn FY2018 EXIDE FY2019: -Rs 504.6 mn THALL FY2019: Rs 3.6 bn FY2019 EXIDE FY2020: -Rs 558.9 mn THALL FY2020: Rs 2.9 bn FY2020 EXIDE FY2021: -Rs 44,000 THALL FY2021: Rs 5.4 bn FY2021 EXIDE FY2022: Rs 28.8 mn THALL FY2022: Rs 5.8 bn FY2022 EXIDE FY2023: Rs 754.5 mn THALL FY2023: Rs 4.4 bn FY2023 EXIDE FY2024: Rs 1.3 bn THALL FY2024: Rs 8.5 bn FY2024 EXIDE FY2025: Rs 614.4 mn THALL FY2025: Rs 7.3 bn FY2025 EXIDE FY2026: Rs 431.6 mn THALL FY2026: Rs 10.5 bn FY2026

Prices at the latest close; financial figures from each company's latest annual report. Information only, not investment advice.