Merit Packaging Limited MERIT
Rs 8.69
Vol162,511Updated15:5012 Oct 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 1.80B as of 09 Oct 2026 — down 30.3% over the past 12 months (from Rs 2.58B).
Financial Statements
How MERIT's income and balance sheet have evolved
| PKR Millions | Mar-26 | Dec-25 | Sep-25 | Jun-25 | Mar-25 | Dec-24 | Sep-24 | Jun-24 | Trend |
|---|---|---|---|---|---|---|---|---|---|
| Net Sales / Revenue | 761 | 840 | 937 | 785 | 1,443 | 1,532 | 1,520 | 1,389 | |
| Cost of Sales | 757 | 829 | 872 | 1,058 | 1,397 | 1,433 | 1,421 | 1,355 | |
| Gross Profit | 4 | 11 | 65 | -273 | 46 | 99 | 99 | 34 | |
| Administrative Expenses | 36 | 53 | 42 | 79 | 53 | 38 | 44 | 50 | |
| Operating Profit | -50 | -68 | 1 | -389 | -40 | 32 | 30 | -29 | |
| EBITDA | 4 | -18 | 50 | -332 | 21 | 92 | 86 | 32 | |
| Other Income | 4 | 6 | 521 | 10 | 3 | 6 | 9 | 39 | |
| Financial Charges | 18 | 26 | 35 | 42 | 41 | 49 | 52 | 61 | |
| Profit Before Tax | -72 | -95 | 484 | -420 | -83 | -14 | -16 | -56 | |
| Taxation | 23 | 248 | 12 | 10 | 18 | 19 | 19 | 58 | |
| Profit After Tax | -49 | -343 | 472 | -430 | -101 | -33 | -35 | -114 | |
| EPS - Basic (Rs) | Rs -0.24 | Rs -1.71 | Rs 2.36 | Rs -2.15 | Rs -0.51 | Rs -0.17 | Rs -0.17 | Rs -0.57 |
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
| Ratio | Value |
|---|---|
| Net profit margin | -6.4% |
| Gross profit margin | 0.5% |
| EBITDA margin | 0.5% |
| EBIT margin | -6.6% |
Net profit margin
Net profit ÷ revenue · %
Financial Health
Coverage, leverage, and the strength of the balance sheet
Latest · Mar-26
| Ratio | Value |
|---|---|
| Current ratio | 1.30 |
| Quick ratio | 0.47 |
| Cash ratio | 0.01 |
| Asset turnover | 0.19x |
Current ratio
Current assets ÷ current liabilities
Market cap trajectory
Close × current shares outstanding · current Rs 1.80B
Valuation & Capital Returns
What the market is paying for MERIT, and what it returns to shareholders
Latest · Mar-26
| Ratio | Value |
|---|---|
| Price to book | 0.68x |
| EV / EBITDA | 467.67x |
| Price to sales | 2.10x |
Price to book
Period-end price ÷ book value · times
Technical Analysis
Trading signal, moving averages, momentum, and key levels
10-day SMA (Rs 9.21) is below the 30-day SMA (Rs 9.60). RSI at 36 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 9.22 | +6.04% | Below |
| SMA 30 | Rs 9.60 | +10.52% | Below |
| SMA 60 | Rs 9.76 | +12.33% | Below |
| SMA 200 | Rs 10.28 | +18.25% | Below |
At 36, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.
- MACD-0.23
- Signal-0.17
- Histogram-0.06
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 12 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
- Quarterly Report — 31 Mar 2026PDF
- Quarterly Report — 31 Dec 2025PDF
- Quarterly Report — 30 Sep 2025PDF
- Quarterly Report — 31 Mar 2025PDF
- Annual Report FY2025PDF
- Quarterly Report — 31 Dec 2024PDF
- Quarterly Report — 30 Sep 2024PDF
- Quarterly Report — 31 Mar 2024PDF
Sourced from official PSX financial-report submissions.
Recent Announcements
Latest company filings as reported on PSX
Filings and disclosures from the PSX announcement feed
- 08 Oct 2026Report
- 07 Oct 2026Report
- 06 Oct 2026General Meeting
- 06 Oct 2026Report
- 01 Oct 2026General Meeting
- 30 Sep 2026Financial Results
- 22 Sep 2026Board Meeting
- 30 Apr 2026Financial Results
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 → | — | 11.2x |
| Dividend YieldTrailing-12-month cash dividends ÷ share price. A high yield can signal income — or a falling price.Read the full guide → | 0.0% | 2.5% |
| Return on EquityNet profit ÷ shareholders' equity — how hard the company works each rupee investors have put in.Read the full guide → | -23.1% | 4.0% |
| 1-Year Return | -31.8% | -13.6% |
| Market CapitalisationShare price × total shares — the company's full market value, and the basis for index weightings.Read the full guide → | Rs 1.80B | Rs 5.52B |
Paper, Board & Packaging · sector heat
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Frequently Asked Questions
The most common questions investors ask about MERIT
MERIT last traded at Rs 8.69, down 3.34% 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.
A side-by-side comparison with the Paper, Board & Packaging sector median — valuation, yield, and returns — is in the Peers section, or explore the Paper, Board & Packaging sector page.
Annual reports for FY2025 are linked under Reports & Filings in the About section of this page, sourced from official PSX submissions.
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