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Ittehad Chemicals Limted ICL

Market closed

Rs 130.25

+1.83 (+1.43%)

Vol357,469Updated15:492 Nov 2026

At a Glance

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

Consolidated snapshot

Ittehad Chemicals Limted (ICL) is a Chemical company listed on the Pakistan Stock Exchange. As of 02 Nov 2026, ICL last traded at Rs 130.25 (+1.43% on the day) with a market cap of Rs 12.84B and a free float of 45.0%. Over the last 12 months the stock has returned -18.0%. Cash dividends declared over the trailing 12 months total Rs 4.00/share (yield 3.1%). The stock trades at a P/E of 8.6x.

Prices through 02 Nov 2026 · FY data through FY26 · Quarterly through Sep-26

8.6x
Rs 15.01
1Y Return
-18.0%
Rs 12.84B

Price & Performance

Closing prices across timeframes, returns, and range context

ICL — Price History

Daily closing series · toggle period below

1M Return+0.3%
3M Return-7.0%
6M Return-16.1%
1Y Return-18.0%
Day's Range84% of range
Rs 130.25
LowRs 126.25
HighRs 131.00
52-Week Range31% of range
Rs 130.25
LowRs 110.03
HighRs 176.00

Key Metrics

Valuation, profitability, structure, and risk in one grid

8.6xTrailing annual EPS
Rs 15.01Latest annual · basic
1.27xBook Rs 102.34
3.11%Rs 4.00/sh trailing 12m
0.80Lower than market
Rs 12.84BMid cap
45.0%45.00M shares
53.42High leverage
13.3%Latest annual
Rs 10Per share

Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

ICL has paid Rs 4.00 per share in cash dividends over the trailing 12 months — a 3.1% yield at the last close. Its most recent payout was Rs 3.00/share, announced 22 Sep 2026 with book closure from 21 Oct 2026. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
Rs 3.00
Trailing Yield
3.11%
Payout Ratio
—
Announced
22 Sep 2026

Dividend Per Share Trend

2021
Rs 1.69
2022
Rs 1.00
2023
Rs 4.25
2024
Rs 3.50
2025
Rs 4.00

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
22 Sep 202630 Jun 2026 (YR)CashRs 3.00(30%)21 Oct 2026 – 28 Oct 2026
17 Feb 202631 Dec 2025 (HYR)CashRs 1.00(10%)03 Mar 2026 – 05 Mar 2026
19 Sep 202530 Jun 2025 (YR)CashRs 2.00(20%)21 Oct 2025 – 28 Oct 2025
14 Feb 202531 Dec 2024 (HYR)CashRs 2.00(20%)01 Mar 2025 – 03 Mar 2025

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

ICL's market capitalisation stands at Rs 12.84B as of 30 Oct 2026 — down 12.6% over the past 12 months (from Rs 14.69B).

Financial Statements

How ICL's income and balance sheet have evolved

PKR MillionsFY26FY25FY24FY23FY22FY21Trend
Net Sales / Revenue34,307.3627,857.0924,31524,26815,68111,124
Cost of Sales29,015.2122,866.0119,50319,27513,6179,238
Gross Profit5,292.154,991.084,8124,9932,0651,886
Administrative Expenses532.14426.55360300245201
Operating Profit3,066.092,849.833,1003,0661,0141,108
EBITDA—3,7133,7893,6871,5291,621
Other Income138.2180.89229372161205
Financial Charges549633.92731562330225
Profit Before Tax2,514.12,215.912,3702,680764980
Taxation1,012.83926.01984854350323
Profit After Tax1,501.271,289.91,3861,826415657
EPS - Basic (Rs)Rs 15.01Rs 12.90Rs 13.86Rs 18.26Rs 4.15Rs 6.57

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin4.6%
Gross profit margin17.9%
EBITDA margin13.3%
EBIT margin10.2%

Net profit margin

Net profit ÷ revenue · %

0.0%1.9%3.8%5.6%7.5%5.9%FY212.6%FY227.5%FY235.7%FY244.6%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY26

RatioValue
Current ratio1.32
Quick ratio0.57
Cash ratio0.06
Asset turnover1.28x
Effective tax rate40.3%

Current ratio

Current assets ÷ current liabilities

0.000.330.660.991.321.05FY251.32FY26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 12.84B

Rs 16.76BRs 11.80BRs 6.85BRs 1.89BOct 25Dec 25Feb 26Apr 26Jul 26Sep 26Rs 12.84B

Valuation & Capital Returns

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

Latest · FY26

RatioValue
Price to earnings8.56x
Price to book1.11x
Price to sales0.37x

Price to earnings

Period-end price ÷ EPS · times

0.00x3.07x6.14x9.21x12.28x12.28xFY258.56xFY26Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 125.36) is below the 30-day SMA (Rs 127.91). RSI at 52 sits in the neutral band.

As of30 Oct 2026

PeriodValuevs CurrentPosition
SMA 10Rs 125.36-3.75%Above
SMA 30Rs 127.91-1.79%Above
SMA 60Rs 131.18+0.71%Below
SMA 200Rs 139.82+7.35%Below
52Neutral
0 · Oversold305070100 · Overbought

At 52, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bullish Cross
  • MACD-1.36
  • Signal-1.55
  • Histogram+0.19
R2Resistance 2
Rs 140.81
8.1%
R1Resistance 1
Rs 134.61
3.3%
NOWCurrent
Rs 130.25
S1Support 1
Rs 119.61
-8.2%
S2Support 2
Rs 110.81
-14.9%

Leverage Insights

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

—Not MTS-eligible
Rs 1.46M
Margin financing
Rs 1.46M
-53.07% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for ICL 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 %79.33%Most recent print
Average · 3M87.68%Mean over window
Change · 3M-4.23%First → last
Range · 3M59.8–99.9%Low–high

Settlement % Trajectory

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

As of 30 Oct 2026

Price vs Settlement

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

Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 45.0%Non-float · 55.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 1000.00M
Total Shares100.00M
45.00M
45.0%
Year EndJun
Enterprise ValueRs 17.51B

About the Company

Business description, governance, and corporate information

Ittehad Chemicals Limited was incorporated on September 28, 1991 to takeover the assets of Ittehad Chemicals and Ittehad Pesticides under a Scheme of Arrangement dated June 18, 1992. The Company was privatised on July 03, 1995. The Company is engaged in the business of manufacturing and selling caustic soda and other allied chemicals.

Shariah CompliantChemical

Corporate Information

  • RegistrarM/s. Hameed Majeed Associate (Pvt.) Ltd. 1st Floor, H.M. House, 7-Bank Square The Mall, Lahore
  • AuditorM/s. BDO Ebrahim & Co, Chartered Accountants.
  • Websitewww.ittehadchemicals.com
  • Address39 Empress Road, Lahore.
  • SectorChemical
  • Financial Year EndJune

Key People

NameRole
ASAbdul Sattar Khatri
CEO
MSMuhammad Siddique Khatri
Chairperson
AMAbdul Mansoor Khan
Company Secretary

Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

Peers in Chemical

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

ICL vs Chemical sector median

Median across 26 sector constituents · nulls excluded per metric

MetricICLSector median
8.6x10.6x
3.1%2.2%
13.3%12.7%
1-Year Return-18.0%-9.0%
Rs 12.84BRs 4.68B

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Frequently Asked Questions

The most common questions investors ask about ICL

ICL last traded at Rs 130.25, up 1.43% on the day, within a 52-week range of Rs 110.03–176.00. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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