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Metropolitan Steel Corporation Limited MSCL

Market closed

Rs 22.48

+1.40 (+6.64%)

Vol17,419Updated16:1518 Sep 2026

At a Glance

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

Consolidated snapshot

Metropolitan Steel Corporation Limited (MSCL) is an Engineering company listed on the Pakistan Stock Exchange. As of 18 Sep 2026, MSCL last traded at Rs 22.48 (+6.64% on the day) with a market cap of Rs 653.01M and a free float of 25.0%. Over the last 12 months the stock has returned +42.0%.

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

Rs -0.40
1Y Return
+42.0%
Rs 653.01M

Price & Performance

Closing prices across timeframes, returns, and range context

MSCL — Price History

Daily closing series · toggle period below

1M Return-11.3%
3M Return-28.8%
6M Return+58.4%
1Y Return+42.0%
Day's Range100% of range
Rs 22.48
LowRs 20.30
HighRs 21.80
52-Week Range30% of range
Rs 22.48
LowRs 12.05
HighRs 46.53

Key Metrics

Valuation, profitability, structure, and risk in one grid

Loss-making · P/E n/m
Rs -0.40Latest annual · basic
0.82xBook Rs 27.27
No recent payout
0.57Lower than market
Rs 653.01MSmall cap
25.0%7.74M shares
0.00Low leverage
-1.5%Latest annual
Rs 10Per share

Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

No dividend payouts on record for MSCL

PSX has no payout announcements for this company in the recent record. Some companies reinvest earnings rather than distribute them — check the Financials section for retained earnings.

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

MSCL's market capitalisation stands at Rs 653.01M as of 17 Sep 2026 up 43.1% over the past 12 months (from Rs 456.30M).

Financial Statements

How MSCL's income and balance sheet have evolved

PKR MillionsFY25FY24FY23FY22FY21FY20Trend
Net Sales / Revenue100.75122.4899.2100.7392.6727.4
Cost of Sales112.43139.69106.78118.3881.1746.25
Gross Profit-11.68-17.21-7.57-17.6511.5-18.85
Administrative Expenses17.6510.339.246.675.284.89
Operating Profit-29.41-28.17-17.22-24.745.86-23.95
Other Income18.024.6114.0826.142.863.19
Financial Charges0.210.190.260.070.060.1
Profit Before Tax-13.01-23.75-13.85-79.851.07-20.86
Taxation0.590.410.860.030.774.14
Profit After Tax-12.42-23.34-13-79.881.85-16.72
EPS - Basic (Rs)Rs -0.40Rs -0.75Rs -0.42Rs -2.58Rs 0.06Rs -0.54

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin-12.3%
Gross profit margin-11.6%
EBIT margin-29.2%

Net profit margin

Net profit ÷ revenue · %

0.0%0.5%1.0%1.5%2.0%-61.0%FY202.0%FY21-79.3%FY22-13.1%FY23-19.1%FY24-12.3%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY25

RatioValue
Current ratio3.44
Quick ratio1.93
Cash ratio1.04
Asset turnover0.11x

Current ratio

Current assets ÷ current liabilities

0.000.981.952.933.913.89FY203.91FY213.34FY222.56FY232.54FY243.44FY25Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 653.01M

Rs 1.31BRs 922.78MRs 535.21MRs 147.64MSep 25Nov 25Jan 26Mar 26May 26Jul 26Rs 653.01M

Valuation & Capital Returns

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

Latest · FY25

RatioValue
Price to book0.52x
Price to sales4.33x

Price to book

Period-end price ÷ book value · times

0.00x0.22x0.44x0.66x0.88x0.70xFY200.88xFY210.88xFY220.80xFY230.42xFY240.52xFY25Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 21.47) is below the 30-day SMA (Rs 22.70). RSI at 40 sits in the neutral band.

As of17 Sep 2026

PeriodValuevs CurrentPosition
SMA 10Rs 21.47-4.49%Above
SMA 30Rs 22.70+0.99%Below
SMA 60Rs 24.01+6.79%Below
SMA 200Rs 20.92-6.95%Above
40Neutral
0 · Oversold305070100 · Overbought

At 40, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bearish Cross
  • MACD-0.79
  • Signal-0.68
  • Histogram-0.11
R2Resistance 2
Rs 26.57
18.2%
R1Resistance 1
Rs 23.83
6.0%
NOWCurrent
Rs 22.48
S1Support 1
Rs 19.17
-14.7%
S2Support 2
Rs 17.25
-23.3%

Leverage Insights

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

Not MTS-eligible
Rs 1.09M
-39.21% MoMMargin financing
Rs 1.09M
-39.21% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for MSCL 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 %54.26%Most recent print
Average · 3M80.59%Mean over window
Change · 3M-39.63%First → last
Range · 3M13.2–100.0%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 · 25.0%Non-float · 75.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 309.77M
Total Shares30.98M
7.74M
25.0%
Year EndJun
Enterprise Value

About the Company

Business description, governance, and corporate information

Metropolitan Steel Corporation Limited was incorporated on August 24,1955 as a public limited company. The company is a manufacturer of steel products such as torsteel, ribbed bars, wire rods, bailing hoops, mild and special steel wires, transmission towers and cold profiles .

Shariah CompliantEngineering

Corporate Information

  • RegistrarF.D Registrar, Office No 1705,17th Floor , Saima Trade Tower -A, I.I Chundrigar Road Karachi
  • AuditorReanda Haroon Zakaria & Company Chartered Accountant
  • Websitehttps://www.msclwire.com
  • AddressPlot No . HE -1/2 Landhi Industrial Area , Karachi
  • SectorEngineering
  • Financial Year EndJune

Key People

NameRole
MUMuhammad Umar Mehkari
CEO
MAMehmood Ali Mehkri
Chairperson
AMAbdul Mojahid
Company Secretary

Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

Peers in Engineering

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

MSCL vs Engineering sector median

Median across 16 sector constituents · nulls excluded per metric

MetricMSCLSector median
22.9x
0.0%
-1.5%-0.5%
1-Year Return+42.0%-15.4%
Rs 653.01MRs 4.76B

Frequently Asked Questions

The most common questions investors ask about MSCL

MSCL last traded at Rs 22.48, up 6.64% on the day, within a 52-week range of Rs 12.05–46.53. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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