BSL — Bhayani Securities (Pvt) Ltd.
TSML logo

Tandlianwala Sugar Mills Limited TSML

Market open

Rs 503.99

-4.54 (-0.89%)

Vol57Updated15:4418 Sep 2026

At a Glance

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

Consolidated snapshot

Tandlianwala Sugar Mills Limited (TSML) is a Sugar & Allied Industries company listed on the Pakistan Stock Exchange. As of 18 Sep 2026, TSML last traded at Rs 503.99 (-0.89% on the day) with a market cap of Rs 59.86B and a free float of 5.0%. Over the last 12 months the stock has returned +155.9%. The stock trades at a P/E of 84.3x.

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

84.3x
Rs 6.03
1Y Return
+155.9%
Rs 59.86B

Price & Performance

Closing prices across timeframes, returns, and range context

TSML — Price History

Daily closing series · toggle period below

1M Return+0.7%
3M Return-5.8%
6M Return+121.3%
1Y Return+155.9%
Day's Range100% of range
Rs 503.99
LowRs 478.01
HighRs 504.00
52-Week Range44% of range
Rs 503.99
LowRs 160.00
HighRs 949.00

Key Metrics

Valuation, profitability, structure, and risk in one grid

84.3xTrailing annual EPS
Rs 6.03Latest annual · basic
5.47xBook Rs 92.14
No recent payout
0.12Lower than market
Rs 59.86BMid cap
5.0%5.89M shares
167.79High leverage
6.8%Latest annual
Rs 10Per share

Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

Latest Payout

Per Share
Yield (last FY)
Payout Ratio
Announced

Dividend Per Share Trend

2021
Rs 0.00
2022
Rs 0.00
2023
Rs 0.00
2024
Rs 0.00
2025
Rs 0.00

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

TSML's market capitalisation stands at Rs 59.86B as of 17 Sep 2026 up 154.2% over the past 12 months (from Rs 23.54B).

Financial Statements

How TSML's income and balance sheet have evolved

PKR MillionsJun-26Mar-26Dec-25Sep-25Jun-25Mar-25Dec-24Sep-24Trend
Net Sales / Revenue8,204.2622,25215,59010,1786,22417,2196,8596,065
Cost of Sales6,918.9820,91114,2758,2025,15515,5885,5084,962
Gross Profit1,285.281,3401,3151,9761,0691,6301,3511,102
Administrative Expenses99.19166210498143157203217
Operating Profit1,107.551,0801,0331,2858731,3801,083786
EBITDA1,2571,2071,4651,0591,5731,261991
Other Income4.132379121605
Financial Charges917.47244849728611,196596854
Profit Before Tax495.0133151336412164464428
Taxation370.28312194581128775367
Profit After Tax124.721931942223-12438961
EPS - Basic (Rs)Rs 1.06Rs 0.16Rs 2.71Rs 3.59Rs 0.19Rs -1.05Rs 3.30Rs 0.52

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 margin0.1%
Gross profit margin6.0%
EBITDA margin5.6%
EBIT margin4.9%

Net profit margin

Net profit ÷ revenue · %

0.0%1.4%2.8%4.3%5.7%1.0%Sep-24Dec-24Mar-25Jun-25Sep-252.0%Dec-250.1%Mar-26Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · Jun-26

RatioValue
Current ratio1.06
Quick ratio0.01
Cash ratio0.01
Asset turnover0.16x
Effective tax rate74.8%

Current ratio

Current assets ÷ current liabilities

0.000.270.540.811.081.01Sep-24Dec-24Mar-25Jun-25Sep-25Dec-251.05Mar-261.06Jun-26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 59.86B

Rs 107.14BRs 75.45BRs 43.76BRs 12.07BAug 25Oct 25Jan 26Mar 26May 26Jul 26Rs 59.86B

Valuation & Capital Returns

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

Latest · Mar-26

RatioValue
Price to earnings1500.06x
Price to book2.53x
EV / EBITDA44.22x
Price to sales1.27x

Price to earnings

Period-end price ÷ EPS · times

0.00x375.02x750.03x1125.05x1500.06x128.85xSep-24Dec-24Jun-25Sep-2570.88xDec-251500.06xMar-26Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 500.15) is below the 30-day SMA (Rs 526.33). RSI at 46 sits in the neutral band.

As of17 Sep 2026

PeriodValuevs CurrentPosition
SMA 10Rs 500.15-0.76%Above
SMA 30Rs 526.33+4.43%Below
SMA 60Rs 607.09+20.46%Below
SMA 200Rs 366.74-27.23%Above
46Neutral
0 · Oversold305070100 · Overbought

At 46, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bullish Cross
  • MACD-20.40
  • Signal-25.21
  • Histogram+4.81
R2Resistance 2
Rs 688.78
36.7%
R1Resistance 1
Rs 598.65
18.8%
NOWCurrent
Rs 503.99
S1Support 1
Rs 419.75
-16.7%
S2Support 2
Rs 330.98
-34.3%

Leverage Insights

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

No leverage exposure reported

TSML is not currently financed through MTS or margin financing (MFS), and shows no futures open interest or blank sales on the latest NCCPL/PSX reports.

Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %72.33%Most recent print
Average · 3M77.51%Mean over window
Change · 3M-15.99%First → last
Range · 3M47.5–100.0%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 · 5.0%Non-float · 95.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 1.18B
Total Shares117.71M
5.89M
5.0%
Year End
Enterprise Value

About the Company

Business description, governance, and corporate information

The Company was incorporated in Pakistan on November 01, 1988 as a public limited company. The principal activity of the Company is production and sale of white crystalline sugar and ethanol.

Sugar & Allied Industries

Corporate Information

  • RegistrarCorplink (Private) Limited, 1-K, Model Town, Lahore
  • AuditorUHY Hassan Naeem & Co Chartered Accountants
  • Websitewww.tsmlgroup.com
  • Address66-L, Gulberg II, Lahore
  • SectorSugar & Allied Industries

Key People

NameRole
AKAkbar Khan
CEO
GKGhazi Khan
Chairperson
AJAhmed Jehanzeb Khan
Company Secretary

Recent Announcements

Latest company filings as reported on PSX

Peers in Sugar & Allied Industries

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

TSML vs Sugar & Allied Industries sector median

Median across 28 sector constituents · nulls excluded per metric

MetricTSMLSector median
84.3x9.1x
0.0%0.2%
6.8%4.6%
1-Year Return+155.9%+0.7%
Rs 59.86BRs 1.85B

Frequently Asked Questions

The most common questions investors ask about TSML

TSML is trading at Rs 503.99, down 0.89% on the day, within a 52-week range of Rs 160.00–949.00, from the 15-minute snapshot taken at 15:47 PKT. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

Ready to invest in TSML?

Open a BSL trading account in under 10 minutes

Buy and sell TSML and every other PSX-listed stock with low commissions, real-time data, and a concierge research desk backing every trade.