Security Papers Limited SEPL
Rs 121.90
Vol39,003Updated15:502 Nov 2026
At a Glance
The headline take on SEPL — valuation, income, returns, and efficiency
Consolidated snapshot
Price & Performance
Closing prices across timeframes, returns, and range context
SEPL — 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
SEPL has paid Rs 9.00 per share in cash dividends over the trailing 12 months — a 7.5% yield at the last close. Its most recent payout was Rs 9.00/share, announced 30 Jul 2026. Annual dividend-per-share history back to 2016 is charted below.
Latest Payout
Dividend Per Share Trend
Payout History
Source: PSX company payouts
| Announced | For Period | Type | Amount | Book Closure |
|---|---|---|---|---|
| 30 Jul 2026 | 30 Jun 2026 (YR) | Cash | Rs 9.00(90%) | — |
| 30 Jul 2025 | 30 Jun 2025 (YR) | Cash | Rs 9.00(90%) | 20 Sep 2025 – 26 Sep 2025 |
Financials & Earnings
Income, balance sheet, and key ratios from published accounts
SEPL's market capitalisation stands at Rs 7.15B as of 02 Nov 2026 — down 28.8% over the past 12 months (from Rs 10.04B).
Financial Statements
How SEPL's income and balance sheet have evolved
| PKR Millions | FY26 | FY25 | FY24 | FY23 | FY22 | FY21 | Trend |
|---|---|---|---|---|---|---|---|
| Net Sales / Revenue | 7,306.32 | 7,870.7 | 7,312 | 5,795 | 5,147 | 5,002 | |
| Cost of Sales | 5,721.17 | 5,666.91 | 5,264 | 4,276 | 3,498 | 3,119 | |
| Gross Profit | 1,585.15 | 2,203.8 | 2,048 | 1,518 | 1,650 | 1,883 | |
| Administrative Expenses | 522.36 | 497.45 | 472 | 394 | 350 | 317 | |
| Operating Profit | — | 1,702 | 1,576 | 1,124 | 1,300 | 1,566 | |
| EBITDA | — | 2,002 | 1,800 | 1,336 | 1,532 | 1,768 | |
| Other Income | 688.03 | 915.83 | 1,013 | 678 | 374 | 590 | |
| Financial Charges | 6.75 | 3.36 | 6 | 7 | 4 | 4 | |
| Profit Before Tax | 1,598.06 | 2,413.77 | 2,393 | 1,544 | 1,398 | 1,996 | |
| Taxation | 690.9 | 889.98 | 903 | 576 | 449 | 538 | |
| Profit After Tax | 907.16 | 1,523.79 | 1,490 | 967 | 949 | 1,458 | |
| EPS - Basic (Rs) | Rs 15.31 | Rs 25.72 | Rs 25.12 | Rs 16.33 | Rs 16.02 | Rs 24.61 |
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 | 19.4% |
| Gross profit margin | 28.0% |
| EBITDA margin | 25.4% |
| EBIT margin | 21.6% |
Net profit margin
Net profit ÷ revenue · %
Financial Health
Coverage, leverage, and the strength of the balance sheet
Latest · FY26
| Ratio | Value |
|---|---|
| Current ratio | 2.10 |
| Quick ratio | 1.43 |
| Cash ratio | 1.21 |
| Asset turnover | 0.60x |
| Effective tax rate | 43.2% |
Current ratio
Current assets ÷ current liabilities
Market cap trajectory
Close × current shares outstanding · current Rs 7.15B
Valuation & Capital Returns
What the market is paying for SEPL, and what it returns to shareholders
Latest · FY26
| Ratio | Value |
|---|---|
| Price to earnings | 7.89x |
| Price to book | 0.76x |
| Price to sales | 0.98x |
Price to earnings
Period-end price ÷ EPS · times
Technical Analysis
Trading signal, moving averages, momentum, and key levels
10-day SMA (Rs 127.00) is below the 30-day SMA (Rs 131.33). RSI at 22 is in oversold territory.
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 127.00 | +4.18% | Below |
| SMA 30 | Rs 131.33 | +7.74% | Below |
| SMA 60 | Rs 142.08 | +16.55% | Below |
| SMA 200 | Rs 151.09 | +23.95% | Below |
At 22, momentum is compressed — below 30 may signal a reversal.
- MACD-4.09
- Signal-3.73
- Histogram-0.36
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 SEPL 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
Security Papers Limited is incorporated and domiciled in Pakistan as a public Company Limited by shares. The principal activity of the Company is manufacturing and sale of specialised paper for banknote and non-bank note security documents.
Corporate Information
- RegistrarFAMCO Share Registration Services (Pvt) Ltd. 8 F Next to HOTEL FARAN, Nursery, Block 6 PECHS Shahrah e Fiasal, Karachi
- AuditorA.F. Ferguson & Co Chartered Accountants
- Websitewww.security-papers.com
- AddressJinnah Avenue Malir Halt, Karachi, Pakistan
- SectorPaper, Board & Packaging
- Financial Year EndJune
Key People
| Name | Role |
|---|---|
IQImran Qureshi | CEO |
MAMohammad Aftab Manzoor | Chairperson |
YAYasir Ali Quraishi | Company Secretary |
Reports & Filings
Recent Announcements
Latest company filings as reported on PSX
Filings and disclosures from the PSX announcement feed
- 30 Oct 2026Report
- 29 Oct 2026Financial Results
- 22 Oct 2026Board Meeting
- 19 Oct 2026Corporate Briefing
- 15 Oct 2026Corporate Briefing
- 13 Oct 2026Corporate Briefing
- 02 Oct 2026Dividend
- 30 Sep 2026Material Information
Peers in Paper, Board & Packaging
How the cohort is moving — same-sector stocks by market cap
SEPL vs Paper, Board & Packaging sector median
| Metric | SEPL | 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 → | 7.9x | 7.9x |
| Dividend YieldTrailing-12-month cash dividends ÷ share price. A high yield can signal income — or a falling price.Read the full guide → | 7.5% | 2.6% |
| Return on EquityNet profit ÷ shareholders' equity — how hard the company works each rupee investors have put in.Read the full guide → | 17.7% | 3.8% |
| 1-Year Return | -30.2% | -18.1% |
| Market CapitalisationShare price × total shares — the company's full market value, and the basis for index weightings.Read the full guide → | Rs 7.15B | Rs 4.12B |
Paper, Board & Packaging · sector heat
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Frequently Asked Questions
The most common questions investors ask about SEPL
SEPL last traded at Rs 121.90, down 2.79% on the day, within a 52-week range of Rs 120.00–223.25. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.
Security Papers Limited is incorporated and domiciled in Pakistan as a public Company Limited by shares. See About the Company on this page for the full profile, management, and corporate information.
SEPL has paid Rs 9.00 per share in cash dividends over the trailing 12 months — a 7.5% yield at the last close. Review the payout history in the Dividends section and compare with the highest dividend yield stocks on PSX.
No upcoming payout is announced yet. New announcements appear on this page and on the PSX ex-dates calendar.
No — SEPL is not currently a KSE-100 constituent. See the full KSE-100 index constituents and weights. SEPL is not currently on the PSX Shariah-compliant list.
SEPL trades at 7.9x earnings against a Paper, Board & Packaging median of 7.9x, with a 7.5% dividend yield versus 2.6%. 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.
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