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Bawany Air Products Limited BAPL

Market closed

Rs 43.02

-2.40 (-5.28%)

Vol344,161Updated16:1418 Sep 2026

At a Glance

The headline take on BAPL — valuation, income, returns, and efficiency

Consolidated snapshot

Bawany Air Products Limited (BAPL) is a Chemical company listed on the Pakistan Stock Exchange. As of 18 Sep 2026, BAPL last traded at Rs 43.02 (-5.28% on the day) with a market cap of Rs 340.76M and a free float of 85.0%. Over the last 12 months the stock has returned -4.4%.

Prices through 18 Sep 2026 · FY data through FY25 · Quarterly through Mar-26

Rs -7.22
1Y Return
-4.4%
Rs 340.76M

Price & Performance

Closing prices across timeframes, returns, and range context

BAPL — Price History

Daily closing series · toggle period below

1M Return+51.3%
3M Return+57.6%
6M Return+13.5%
1Y Return-4.4%
Day's Range41% of range
Rs 43.02
LowRs 40.60
HighRs 46.56
52-Week Range46% of range
Rs 43.02
LowRs 27.00
HighRs 62.11

Key Metrics

Valuation, profitability, structure, and risk in one grid

Loss-making · P/E n/m
Rs -7.22Latest annual · basic
0.10xBook Rs 422.40
No recent payout
0.33Lower than market
Rs 340.76MSmall cap
85.0%6.38M shares
0.00Low leverage
-3.4%Latest annual
Rs 10Per share

Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

BAPL has no cash dividend in the trailing 12 months. Its most recent payout was a 98.965% rights issue, announced 10 Sep 2026. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
98.965% (Rights)
Yield (last FY)
Payout Ratio
Announced
10 Sep 2026

Dividend Per Share Trend

2021
Rs 0.00
2022
Rs 0.00
2023
Rs 0.00
2024
Rs 0.00
2025
Rs 0.00

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
10 Sep 2026Rights98.965%
26 May 2025Rights7997.32%03 Jun 2025 – 10 Jun 2025

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

BAPL's market capitalisation stands at Rs 340.76M as of 17 Sep 2026 down 2.7% over the past 12 months (from Rs 350.07M).

Financial Statements

How BAPL's income and balance sheet have evolved

PKR MillionsMar-26Dec-25Sep-25Jun-25Mar-25Dec-24Sep-24Jun-24Trend
Net Sales / Revenue00000000
Cost of Sales00000000
Gross Profit00000000
Administrative Expenses1224812210
Operating Profit-1-2-2-48-1-2-2-10
EBITDA-1-2-2-48-1-2-2-10
Other Income4000000-3
Financial Charges22200000
Profit Before Tax-15-34-6-48-1-3-2-13
Taxation00000000
Profit After Tax-14-35-6-48-1-3-2-13
EPS - Basic (Rs)Rs -1.90Rs -4.60Rs -0.75Rs -6.36Rs -0.18Rs -0.43Rs -0.25Rs -1.65

Showing 8 of 8 quarters · scroll horizontally to see more periods.

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · Mar-26

RatioValue
Return on equity-0.4%
Return on assets-0.4%
Return on capital employed-0.0%

Return on equity

Net profit ÷ equity · %

0.0%0.0%0.0%0.0%0.0%-52.0%Jun-24Sep-24Dec-24Mar-25Jun-25Sep-25-1.1%Dec-25-0.4%Mar-26Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · Mar-26

RatioValue
Current ratio59.96
Quick ratio1.02
Cash ratio1.02
Asset turnover0.00x

Current ratio

Current assets ÷ current liabilities

0.00159.25318.50477.75637.004.43Jun-24Sep-24Dec-24Mar-25Jun-25Sep-2545.50Dec-2559.96Mar-26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 340.76M

Rs 423.59MRs 298.30MRs 173.02MRs 47.73MSep 25Nov 25Jan 26Mar 26May 26Jul 26Rs 340.76M

Valuation & Capital Returns

What the market is paying for BAPL, and what it returns to shareholders

Latest · Mar-26

RatioValue
Price to book0.11x
EV / EBITDA-328.89x

Price to book

Period-end price ÷ book value · times

0.00x2.62x5.24x7.85x10.47x10.47xJun-24Sep-24Dec-24Mar-25Jun-25Sep-250.11xDec-250.11xMar-26Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
BUY

10-day SMA (Rs 39.22) is above the 30-day SMA (Rs 34.38). RSI at 80 is in overbought territory.

As of17 Sep 2026

PeriodValuevs CurrentPosition
SMA 10Rs 39.22-8.83%Above
SMA 30Rs 34.38-20.07%Above
SMA 60Rs 32.84-23.66%Above
SMA 200Rs 38.51-10.48%Above
80Overbought
0 · Oversold305070100 · Overbought

At 80, momentum is elevated — above 70 may signal a near-term pullback.

MACD
Bullish Cross
  • MACD2.70
  • Signal1.92
  • Histogram+0.78
R2Resistance 2
Rs 57.15
32.9%
R1Resistance 1
Rs 51.29
19.2%
NOWCurrent
Rs 43.02
S1Support 1
Rs 34.83
-19.0%
S2Support 2
Rs 24.23
-43.7%

Leverage Insights

MTS, margin financing, futures open interest, and combined exposure

Not MTS-eligible
Rs 8.76M
+1116.98% MoMMargin financing
Rs 8.76M
+1116.98% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for BAPL on the latest PSX DFC report.

Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %27.87%Most recent print
Average · 3M75.83%Mean over window
Change · 3M-68.66%First → last
Range · 3M0.2–100.0%Low–high

Settlement % Trajectory

Solid = UIN settlement % · Dashed = 14-session EMA

As of 17 Sep 2026

Price vs Settlement

Close price (left axis) · UIN settlement % (right axis)

Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 85.0%Non-float · 15.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 75.03M
Total Shares7.50M
6.38M
85.0%
Year EndJun
Enterprise Value

About the Company

Business description, governance, and corporate information

Bawany Air Products Limited is a public limited Company incorporated in Pakistan on August 16, 1978 and was registered under the Companies Act 1913, now the Companies Act, 2017. To carry on, as its principle business, to invest in and acquire and hold and otherwise deal in shares, stock, debenture, debenture stock, bonds, obligations and securities issued or guaranteed by any company, corporation, financial institution, government or any authority and to purchase or otherwise acquire the whole or part of the business, the assets, property assets and liabilities of any company, organization, partnership or person and to take up, carry on and exercise or to liquidate or break up any such business and in consideration of any such acquisition to pay cash or issue shares of acquire it by giving any other form of consideration or in any other way and to take up any liabilities or acquire any interests in the business of the seller or of any other business.

Chemical

Corporate Information

  • RegistrarF.D. Registrar Services (Pvt.) Limited, 17th Floor, Saima Trade Tower-A, I.I. Chundrigar Road, Karachi
  • AuditorM/s. Naveed Zafar Ashfaq Jaffery & Co, Chartered Accountants
  • Websitewww.bawanyair.com
  • Address2nd Floor, Nadir House, I. I. Chundrigar Road Karachi Tel: 021-32415473
  • SectorChemical
  • Financial Year EndJune

Key People

NameRole
NANaim Anwar
CEO
NANaim Anwar
Chairperson
MMMuhammad Munir
Company Secretary

Recent Announcements

Latest company filings as reported on PSX

Peers in Chemical

How the cohort is moving — same-sector stocks by market cap

BAPL vs Chemical sector median

Median across 25 sector constituents · nulls excluded per metric

MetricBAPLSector median
10.6x
0.0%2.1%
-3.4%12.7%
1-Year Return-4.4%-5.2%
Rs 340.76MRs 5.25B

Frequently Asked Questions

The most common questions investors ask about BAPL

BAPL last traded at Rs 43.02, down 5.28% on the day, within a 52-week range of Rs 27.00–62.11. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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