Merit Packaging Limited MERIT
Rs 8.39
Vol78,381Updated15:492 Nov 2026
At a Glance
The headline take on MERIT — valuation, income, returns, and efficiency
Consolidated snapshot
Price & Performance
Closing prices across timeframes, returns, and range context
MERIT — Price History
Daily closing series · toggle period below
Key Metrics
Valuation, profitability, structure, and risk in one grid
Dividend History & Yield
Payout track record, yield trend, and upcoming distribution
Latest Payout
Dividend Per Share Trend
Financials & Earnings
Income, balance sheet, and key ratios from published accounts
MERIT's market capitalisation stands at Rs 1.67B as of 30 Oct 2026 — down 33.5% over the past 12 months (from Rs 2.52B).
Financial Statements
How MERIT's income and balance sheet have evolved
| PKR Millions | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | Trend |
|---|---|---|---|---|---|---|---|
| Net Sales / Revenue | 3,426.87 | 5,280.93 | 6,638 | 6,341 | 4,182 | 2,903 | |
| Cost of Sales | 3,367.29 | 5,309.67 | 6,180 | 5,849 | 3,929 | 2,945 | |
| Gross Profit | 59.58 | -28.73 | 458 | 492 | 253 | -42 | |
| Administrative Expenses | 192.7 | 214.41 | 149 | 109 | 99 | 86 | |
| Operating Profit | 338.8 | -350.3 | 213 | 295 | 83 | -178 | |
| EBITDA | — | -133 | 540 | 485 | 275 | 48 | |
| Other Income | 591.78 | 27.8 | 51 | 33 | 20 | 17 | |
| Financial Charges | 97.21 | 183.07 | 352 | 344 | 263 | 327 | |
| Profit Before Tax | 241.59 | -533.37 | -103 | -66 | -170 | -545 | |
| Taxation | 117.96 | 66.3 | 83 | 71 | 2 | 20 | |
| Profit After Tax | 123.64 | -599.67 | -186 | -137 | -168 | -565 | |
| EPS - Basic (Rs) | Rs 0.62 | Rs -3.00 | Rs -0.93 | Rs -0.68 | Rs -1.16 | Rs -6.38 |
All figures in PKR millions from published accounts.
Profitability & Returns
Margins, returns on capital, and earnings per share
Latest · FY25
| Ratio | Value |
|---|---|
| Net profit margin | -11.4% |
| Gross profit margin | -0.5% |
| EBITDA margin | -2.5% |
| EBIT margin | -6.6% |
Net profit margin
Net profit ÷ revenue · %
Financial Health
Coverage, leverage, and the strength of the balance sheet
Latest · FY26
| Ratio | Value |
|---|---|
| Current ratio | 1.37 |
| Quick ratio | 0.60 |
| Cash ratio | 0.01 |
| Asset turnover | 0.85x |
Current ratio
Current assets ÷ current liabilities
Market cap trajectory
Close × current shares outstanding · current Rs 1.67B
Valuation & Capital Returns
What the market is paying for MERIT, and what it returns to shareholders
Latest · FY26
| Ratio | Value |
|---|---|
| Price to book | 0.70x |
| Price to sales | 0.49x |
Price to book
Period-end price ÷ book value · times
Technical Analysis
Trading signal, moving averages, momentum, and key levels
10-day SMA (Rs 8.62) is below the 30-day SMA (Rs 9.03). RSI at 33 sits in the neutral band.
Moving AverageThe average close over a set window (10/30/200 days) — smooths daily noise to reveal the trend.Read the full guide →
| Period | Value | vs Current | Position |
|---|---|---|---|
| SMA 10 | Rs 8.62 | +2.71% | Below |
| SMA 30 | Rs 9.03 | +7.65% | Below |
| SMA 60 | Rs 9.46 | +12.81% | Below |
| SMA 200 | Rs 9.93 | +18.34% | Below |
At 33, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.
- MACD-0.25
- Signal-0.25
- Histogram-0.00
Leverage Insights
MTS, margin financing, futures open interest, and combined exposure
Leverage Composition
MTS · MFS stacked over the selected window
No blank sales
No net blank (short) sales reported for MERIT on the latest PSX DFC report.
Settlement Insights
UIN-wise settlement concentration and price context
Metrics and charts over the selected trailing window
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)
About the Company
Business description, governance, and corporate information
Merit Packaging Limited was incorporated on January 28, 1980 in Pakistan as a public limited company under the repealed Companies Ordinance, 1984. The Company is mainly engaged in the manufacture and sale of printing and packaging materials.
Corporate Information
- RegistrarFAMCO Share Registration Services (Pvt) Limited, 8-F, Next to Hotel Faran, Nursery, Block-6, P.E.C.H.S., Shahrah-e-Faisal, Karachi
- AuditorBDO Ebrahim & Co. Chartered Accountants.
- Websitewww.meritpack.com
- AddressLakson Square, Building No.2, Sarwar Shaheed Road, Karachi, Pakistan.
- SectorPaper, Board & Packaging
- Financial Year EndJune
Key People
| Name | Role |
|---|---|
SISabir Imtiaz | CEO |
IAIqbal Ali Lakhani | Chairperson |
MAMansoor Ahmed | Company Secretary |
Reports & Filings
Recent Announcements
Latest company filings as reported on PSX
Filings and disclosures from the PSX announcement feed
- 02 Nov 2026Corporate Briefing
- 30 Oct 2026Financial Results
- 30 Oct 2026Report
- 29 Oct 2026General Meeting
- 22 Oct 2026Board Meeting
- 15 Oct 2026Report
- 08 Oct 2026Report
- 07 Oct 2026Report
Peers in Paper, Board & Packaging
How the cohort is moving — same-sector stocks by market cap
MERIT vs Paper, Board & Packaging sector median
| Metric | MERIT | Sector median |
|---|---|---|
| P/E RatioShare price ÷ earnings per share — the price you pay for each rupee of annual profit. Compare within a sector.Read the full guide → | 13.5x | 8.2x |
| Dividend YieldTrailing-12-month cash dividends ÷ share price. A high yield can signal income — or a falling price.Read the full guide → | 0.0% | 2.6% |
| Return on EquityNet profit ÷ shareholders' equity — how hard the company works each rupee investors have put in.Read the full guide → | -23.1% | 3.8% |
| 1-Year Return | -34.5% | -18.6% |
| Market CapitalisationShare price × total shares — the company's full market value, and the basis for index weightings.Read the full guide → | Rs 1.67B | Rs 4.13B |
Paper, Board & Packaging · sector heat
Why Choose BSL as Your PSX Broker?
Bhayani Securities is an SECP-licensed stock broker in Pakistan and PSX TREC holder with over two decades in the market. Investors get live prices, research and support in one account.
- Retail Trading
Open a PSX trading account with secure market access and research support.
- Online Trading
Trade on the BSL app with real-time PSX data and portfolio monitoring.
- Margin Financing
Borrow to trade larger positions and increase your buying power.
- Research Reports
Market insights, stock analysis and investing guides from BSL.
- Institutional Services
Research-driven execution, market insights and corporate access for institutions.
- High Net Worth Services
A dedicated senior dealer and preferential rates for portfolios above PKR 2.5 million.
- Trading APIs
Full PSX data, live level-2 market data and sandbox order execution through BSL.
- Roshan Digital Account
Invest in the PSX remotely as an overseas Pakistani.
- Sahulat Account
Start investing with minimal documentation and a fast setup.
- Minor Accounts
Invest for your children and build long-term wealth early.
Frequently Asked Questions
The most common questions investors ask about MERIT
MERIT last traded at Rs 8.39, up 0.36% on the day, within a 52-week range of Rs 7.10–14.63. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.
Merit Packaging Limited was incorporated on January 28, 1980 in Pakistan as a public limited company under the repealed Companies Ordinance, 1984. See About the Company on this page for the full profile, management, and corporate information.
MERIT has not declared a cash dividend in the recent PSX record — some companies reinvest earnings instead; see the Financials section. For income ideas, browse the highest dividend yield stocks on PSX.
Yes — Merit Packaging Limited is on the PSX's Shariah-compliant (KMI All Shares) list. Browse all Shariah-compliant PSX stocks.
MERIT trades at 13.5x earnings against a Paper, Board & Packaging median of 8.2x. The full comparison table and peer list are in the Peers section, or explore the Paper, Board & Packaging sector page.
Annual reports from FY2025 to FY2026 are linked under Reports & Filings in the About section of this page, sourced from official PSX submissions.
Open a BSL trading account, fund it, and place your MERIT order on the Pakistan Stock Exchange — account opening takes minutes online, with PSX execution, research, and concierge support included.
Quotes and metrics refresh on a regular cadence through the trading day and after the close. For streaming real-time PSX prices and order placement, log in to your BSL account.
Ready to invest in MERIT?
Open a BSL trading account in under 10 minutes
Buy and sell MERIT and every other PSX-listed stock with low commissions, real-time data, and a concierge research desk backing every trade.