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Mughal Iron & Steel Industries Limited MUGHAL

Market closed

Rs 57.25

-1.48 (-2.52%)

Vol675,690Updated15:492 Nov 2026

At a Glance

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

Consolidated snapshot

Mughal Iron & Steel Industries Limited (MUGHAL), commonly searched as Mughal Steel, is an Engineering company listed on the Pakistan Stock Exchange. As of 02 Nov 2026, MUGHAL last traded at Rs 57.25 (-2.52% on the day) with a market cap of Rs 19.25B and a free float of 35.0%. Over the last 12 months the stock has returned -31.8%. Cash dividends declared over the trailing 12 months total Rs 2.00/share (yield 3.4%). The stock trades at a P/E of 9.6x.

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

9.6x
Rs 5.95
1Y Return
-31.8%
Rs 19.25B

Price & Performance

Closing prices across timeframes, returns, and range context

MUGHAL — Price History

Daily closing series · toggle period below

1M Return-16.5%
3M Return-30.0%
6M Return-24.5%
1Y Return-31.8%
Day's Range16% of range
Rs 57.25
LowRs 56.96
HighRs 58.82
52-Week Range1% of range
Rs 57.25
LowRs 56.96
HighRs 113.99

Key Metrics

Valuation, profitability, structure, and risk in one grid

9.6xTrailing annual EPS
Rs 5.95Latest annual · basic
0.67xBook Rs 85.87
3.41%Rs 2.00/sh trailing 12m
1.30Higher than market
Rs 19.25BMid cap
35.0%117.47M shares
97.20High leverage
3.5%Latest annual
Rs 10Per share

Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

MUGHAL has paid Rs 2.00 per share in cash dividends over the trailing 12 months — a 3.4% yield at the last close. Its most recent payout was Rs 2.00/share, announced 15 Sep 2026 with book closure from 20 Oct 2026. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
Rs 2.00
Trailing Yield
3.41%
Payout Ratio
—
Announced
15 Sep 2026

Dividend Per Share Trend

2021
Rs 2.50
2022
Rs 3.00
2023
Rs 3.20
2024
Rs 0.00
2025
Rs 0.00

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
15 Sep 202630 Jun 2026 (YR)CashRs 2.00(20%)20 Oct 2026 – 28 Oct 2026
25 Feb 2025—Rights9.85%12 Mar 2025 – 18 Mar 2025

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

MUGHAL's market capitalisation stands at Rs 19.25B as of 02 Nov 2026 — down 33.5% over the past 12 months (from Rs 28.94B).

Financial Statements

How MUGHAL's income and balance sheet have evolved

PKR MillionsFY26FY25FY24FY23FY22FY21Trend
Net Sales / Revenue77,958.288,979.4792,38367,39066,15344,972
Cost of Sales69,261.3680,887.4184,66557,71956,02538,280
Gross Profit8,696.848,092.067,7189,67110,1286,691
Administrative Expenses1,216.98929.61858682705538
Operating Profit—7,0066,6528,8349,1775,899
EBITDA—7,5837,2229,2919,6266,192
Other Income188.6484.8635532421367
Financial Charges3,753.675,648.026,3644,4232,6221,370
Profit Before Tax3,300.111,243.976194,3466,2024,161
Taxation1,106.43391.751,381866791732
Profit After Tax2,193.68852.232,0003,4805,4113,429
EPS - Basic (Rs)Rs 5.95Rs 2.50Rs 5.96Rs 10.37Rs 16.12Rs 11.22

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin1.0%
Gross profit margin9.1%
EBITDA margin8.5%
EBIT margin7.9%

Net profit margin

Net profit ÷ revenue · %

0.0%2.0%4.1%6.1%8.2%7.6%FY218.2%FY225.2%FY232.2%FY241.0%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY26

RatioValue
Current ratio1.59
Quick ratio0.91
Cash ratio0.23
Asset turnover0.83x
Effective tax rate33.5%

Current ratio

Current assets ÷ current liabilities

0.000.400.791.191.591.33FY251.59FY26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 19.25B

Rs 37.09BRs 26.12BRs 15.15BRs 4.18BOct 25Dec 25Feb 26Apr 26Jul 26Sep 26Rs 19.25B

Valuation & Capital Returns

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

Latest · FY26

RatioValue
Price to earnings9.64x
Price to book0.53x
Price to sales0.25x

Price to earnings

Period-end price ÷ EPS · times

0.00x10.31x20.62x30.92x41.23x41.23xFY259.64xFY26Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 61.22) is below the 30-day SMA (Rs 66.02). RSI at 29 is in oversold territory.

As of30 Oct 2026

PeriodValuevs CurrentPosition
SMA 10Rs 61.22+6.93%Below
SMA 30Rs 66.02+15.31%Below
SMA 60Rs 71.42+24.75%Below
SMA 200Rs 77.87+36.02%Below
29Oversold
0 · Oversold305070100 · Overbought

At 29, momentum is compressed — below 30 may signal a reversal.

MACD
Bearish Cross
  • MACD-2.79
  • Signal-2.68
  • Histogram-0.11
R2Resistance 2
Rs 73.74
28.8%
R1Resistance 1
Rs 66.23
15.7%
NOWCurrent
Rs 57.25
S1Support 1
Rs 54.86
-4.2%
S2Support 2
Rs 51.00
-10.9%

Leverage Insights

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

Rs 21.70M
Margin Trading System
Rs 43.77M
Margin financing
Rs 65.47M
-3.70% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

As of 29 Oct 2026

Rs 5.03M
Futures blank sales (Rs)
23.70%
Blank sale ÷ OI
4.28%
Blank sale ÷ free float

Futures Blank Sale Insights

Blank sale value vs OI and free float

Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %74.97%Most recent print
Average · 3M72.28%Mean over window
Change · 3M-6.43%First → last
Range · 3M49.4–89.6%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 · 35.0%Non-float · 65.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 3.36B
Total Shares335.63M
117.47M
35.0%
Year EndJun
Enterprise ValueRs 29.11B

About the Company

Business description, governance, and corporate information

Mughal Iron & Steel Industries Limited was incorporated in Pakistan as a public limited company on February 16, 2010 under the repealed Companies Ordinance, 1984 (now the Companies Act, 2017). The Company’s operations comprise of ferrous and nonferrous business segments. However, the principal activity of the Company is manufacturing and sale of mild steel products relating to ferrous segment.

Shariah CompliantEngineering

Corporate Information

  • RegistrarTHK Associates (Private) Limited, Plot No. 32-C, Jami Commercial Street 2, D.H.A, Phase-VII, Karachi
  • AuditorFazal Mahmood & Muniff Ziauddin Co Chartered Accountants.
  • Websitewww.mughalsteel.com
  • Address31-A Shadman I, Lahore, Pakistan.
  • SectorEngineering
  • Financial Year EndJune

Key People

NameRole
KJKhurram Javaid
CEO
MJMirza Javed Iqbal
Chairperson
MFMuhammad Fahad Hafeez
Company Secretary

Recent Announcements

Latest company filings as reported on PSX

Peers in Engineering

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

MUGHAL vs Engineering sector median

Median across 16 sector constituents · nulls excluded per metric

MetricMUGHALSector median
9.9x10.5x
3.4%0.0%
3.5%-2.2%
1-Year Return-30.4%-19.3%
Rs 19.71BRs 4.90B

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Frequently Asked Questions

The most common questions investors ask about MUGHAL

MUGHAL last traded at Rs 57.25, down 2.52% on the day, within a 52-week range of Rs 56.96–113.99. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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