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Nishat Mills Limited NML

Market closed

Rs 132.75

+3.71 (+2.88%)

Vol860,313Updated16:1518 Sep 2026

At a Glance

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

Consolidated snapshot

Nishat Mills Limited (NML) is a Textile Composite company listed on the Pakistan Stock Exchange. As of 18 Sep 2026, NML last traded at Rs 132.75 (+2.88% on the day) with a market cap of Rs 45.37B and a free float of 45.0%. Over the last 12 months the stock has returned -18.8%. Cash dividends declared over the trailing 12 months total Rs 2.00/share (yield 1.6%). The stock trades at a P/E of 8.9x. A member of the KMI-30 and KSE-100 indices.

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

8.9x
Rs 14.51
1Y Return
-18.8%
Rs 45.37B

Price & Performance

Closing prices across timeframes, returns, and range context

NML — Price History

Daily closing series · toggle period below

1M Return-12.1%
3M Return-17.9%
6M Return-12.0%
1Y Return-18.8%
Day's Range100% of range
Rs 132.75
LowRs 128.00
HighRs 130.50
52-Week Range14% of range
Rs 132.75
LowRs 120.00
HighRs 208.40

Key Metrics

Valuation, profitability, structure, and risk in one grid

8.9xTrailing annual EPS
Rs 14.51Latest annual · basic
0.27xBook Rs 484.18
1.55%Rs 2.00/sh trailing 12m
1.32Higher than market
Rs 45.37BMid cap
45.0%158.22M shares
55.98High leverage
3.1%Latest annual
Rs 10Per share

Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

NML has paid Rs 2.00 per share in cash dividends over the trailing 12 months — a 1.6% yield at the last close. Its most recent payout was Rs 2.00/share, announced 30 Sep 2025 with book closure from 21 Oct 2025. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
Rs 2.00
Trailing Yield
1.55%
Payout Ratio
Announced
30 Sep 2025

Dividend Per Share Trend

2021
Rs 4.00
2022
Rs 4.00
2023
Rs 5.00
2024
Rs 3.00
2025
Rs 2.00

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
30 Sep 202530 Jun 2025 (YR)CashRs 2.00(20%)21 Oct 2025 – 28 Oct 2025

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

NML's market capitalisation stands at Rs 45.37B as of 17 Sep 2026 down 17.6% over the past 12 months (from Rs 55.05B).

Financial Statements

How NML's income and balance sheet have evolved

PKR MillionsMar-26Dec-25Sep-25Jun-25Mar-25Dec-24Sep-24Jun-24Trend
Net Sales / Revenue54,27847,92551,01451,22651,29151,50553,15353,161
Cost of Sales47,33240,92743,77743,27043,71943,16544,86044,264
Gross Profit6,9456,9987,2377,9567,5728,3408,2938,896
Administrative Expenses1,2631,2601,2021,0971,1981,2221,1111,022
Operating Profit1,7821,9932,3572,9342,8423,7873,7854,488
EBITDA4,0173,9794,3695,0874,3905,2795,2316,006
Other Income1,4501,6691,7144,7501,4681,6631,9631,844
Financial Charges1,9132,0721,8612,1342,0262,0252,8422,591
Profit Before Tax2,7722,7212,9918,2402,273-2,8204,1043,947
Taxation1,2281,3521,2982,3191,3142,4679581,432
Profit After Tax1,5444,0731,6935,921959-5,2883,1462,516
EPS - Basic (Rs)Rs 3.43Rs 11.05Rs 4.00Rs 14.94Rs 1.82Rs -8.89Rs 6.64Rs 5.03

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

RatioValue
Net profit margin2.8%
Gross profit margin12.8%
EBITDA margin7.4%
EBIT margin3.3%

Net profit margin

Net profit ÷ revenue · %

0.0%2.9%5.8%8.7%11.6%4.7%Jun-24Sep-24Dec-24Mar-25Jun-25Sep-258.5%Dec-252.8%Mar-26Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · Mar-26

RatioValue
Current ratio1.41
Quick ratio0.52
Cash ratio0.22
Asset turnover0.17x
Effective tax rate44.3%

Current ratio

Current assets ÷ current liabilities

0.000.380.761.151.531.53Jun-24Sep-24Mar-25Jun-25Sep-251.40Dec-251.41Mar-26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 45.37B

Rs 72.10BRs 50.77BRs 29.45BRs 8.12BSep 25Nov 25Jan 26Mar 26May 26Jul 26Rs 45.37B

Valuation & Capital Returns

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

Latest · Mar-26

RatioValue
Price to earnings35.17x
Price to book0.23x
EV / EBITDA33.84x
Price to sales0.78x

Price to earnings

Period-end price ÷ EPS · times

0.00x15.14x30.28x45.42x60.55x14.09xJun-24Sep-24Mar-25Jun-25Sep-2515.98xDec-2535.17xMar-26Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 133.02) is below the 30-day SMA (Rs 142.00). RSI at 29 is in oversold territory.

As of17 Sep 2026

PeriodValuevs CurrentPosition
SMA 10Rs 133.02+0.20%Below
SMA 30Rs 142.00+6.97%Below
SMA 60Rs 146.50+10.36%Below
SMA 200Rs 156.69+18.03%Below
29Oversold
0 · Oversold305070100 · Overbought

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

MACD
Bearish Cross
  • MACD-4.81
  • Signal-3.72
  • Histogram-1.09
R2Resistance 2
Rs 154.58
16.4%
R1Resistance 1
Rs 141.81
6.8%
NOWCurrent
Rs 132.75
S1Support 1
Rs 121.48
-8.5%
S2Support 2
Rs 113.92
-14.2%

Leverage Insights

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

Rs 288.54M
-10.41% MoMMargin Trading System
Rs 250.02M
+43.99% MoMMargin financing
Rs 538.56M
+8.64% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

As of 17 Sep 2026

Rs 255.48K
Futures blank sales (Rs)
0.12%
Blank sale ÷ OI
0.16%
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 %57.88%Most recent print
Average · 3M53.37%Mean over window
Change · 3M+0.84%First → last
Range · 3M26.7–74.8%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 · 45.0%Non-float · 55.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 3.52B
Total Shares351.60M
158.22M
45.0%
Year EndJun
Enterprise Value

About the Company

Business description, governance, and corporate information

Nishat Mills Limited is a public limited Company incorporated in Pakistan under the Companies Act, 1913 (Now Companies Act, 2017) and listed on Pakistan Stock Exchange Limited. The Company is engaged in the business of textile manufacturing and of spinning, combing, weaving, bleaching, dyeing, printing, stitching, apparel, buying, selling and otherwise dealing in yarn, linen, cloth and other goods and fabrics made from raw cotton, synthetic fibre and cloth, and to generate, accumulate, distribute, supply and sell electricity.

KMI-30KSE-100Shariah CompliantTextile Composite

Corporate Information

  • RegistrarTHK Associates (Private) Limited, 2nd Floor, State Life Building No.3, Dr. Ziauddin Ahmed Road, Karachi1st Floor, DYL Motorcycles Limited, Office, 147-Q Block, behind Emporium Mall, Johar Town, Lahore
  • AuditorRiaz Ahmad & Company Chartered Accountants.
  • Websitewww.nishatmillsltd.com
  • AddressNishat House, 53 - A, Lawrence Road, Lahore
  • SectorTextile Composite
  • Financial Year EndJune

Key People

NameRole
MUMian Umer Mansha
CEO
MHMian Hassan Mansha
Chairperson
KMKhalid Mahmood Chohan
Company Secretary

Recent Announcements

Latest company filings as reported on PSX

Peers in Textile Composite

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

NML vs Textile Composite sector median

Median across 38 sector constituents · nulls excluded per metric

MetricNMLSector median
8.9x9.3x
1.6%0.0%
3.1%3.2%
1-Year Return-18.8%-0.5%
Rs 45.37BRs 3.57B

Frequently Asked Questions

The most common questions investors ask about NML

NML last traded at Rs 132.75, up 2.88% on the day, within a 52-week range of Rs 120.00–208.40. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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