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Wah Noble Chemicals Limited WAHN

Market closed

Rs 232.98

-1.99 (-0.85%)

Vol784Updated15:502 Nov 2026

At a Glance

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

Consolidated snapshot

Wah Noble Chemicals Limited (WAHN) is a Chemical company listed on the Pakistan Stock Exchange. As of 02 Nov 2026, WAHN last traded at Rs 232.98 (-0.85% on the day) with a market cap of Rs 2.11B and a free float of 35.0%. Over the last 12 months the stock has returned -39.8%. Cash dividends declared over the trailing 12 months total Rs 5.00/share (yield 2.1%). The stock trades at a P/E of 4.7x.

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

4.7x
Rs 50.19
1Y Return
-39.8%
Rs 2.11B

Price & Performance

Closing prices across timeframes, returns, and range context

WAHN — Price History

Daily closing series · toggle period below

1M Return+4.6%
3M Return-18.0%
6M Return-14.1%
1Y Return-39.8%
Day's Range40% of range
Rs 232.98
LowRs 231.14
HighRs 235.75
52-Week Range10% of range
Rs 232.98
LowRs 216.00
HighRs 393.59

Key Metrics

Valuation, profitability, structure, and risk in one grid

4.7xTrailing annual EPS
Rs 50.19Latest annual · basic
0.79xBook Rs 294.89
2.13%Rs 5.00/sh trailing 12m
0.61Lower than market
Rs 2.11BSmall cap
35.0%3.15M shares
18.35High leverage
19.6%Latest annual
Rs 10Per share

Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

WAHN has paid Rs 5.00 per share in cash dividends over the trailing 12 months — a 2.1% yield at the last close. Its most recent payout was Rs 5.00/share, announced 23 Sep 2026 with book closure from 21 Oct 2026. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
Rs 5.00
Trailing Yield
2.13%
Payout Ratio
—
Announced
23 Sep 2026

Dividend Per Share Trend

2021
Rs 10.00
2022
Rs 5.00
2023
Rs 10.00
2024
Rs 10.00
2025
Rs 10.00

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
23 Sep 202630 Jun 2026 (YR)CashRs 5.00(50%)21 Oct 2026 – 28 Oct 2026
25 Sep 202530 Jun 2025 (YR)CashRs 10.00(100%)20 Oct 2025 – 27 Oct 2025

Financials & Earnings

Income, balance sheet, and key ratios from published accounts

WAHN's market capitalisation stands at Rs 2.11B as of 30 Oct 2026 — down 33.1% over the past 12 months (from Rs 3.16B).

Financial Statements

How WAHN's income and balance sheet have evolved

PKR MillionsFY26FY25FY24FY23FY22FY21Trend
Net Sales / Revenue4,835.315,096.044,6854,3833,3102,724
Cost of Sales3,827.14,242.123,6303,5002,8522,165
Gross Profit1,008.21853.921,055884458559
Administrative Expenses24.0826.9926201613
Operating Profit955.42796.981,004844427534
EBITDA—8331,043886465565
Other Income13.6332.584513108
Financial Charges43.1917.9229936931
Profit Before Tax816.6715.56906669313471
Taxation364.88233.63357220104136
Profit After Tax451.72481.93549449209334
EPS - Basic (Rs)Rs 50.19Rs 53.55Rs 61.05Rs 49.91Rs 23.24Rs 37.16

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin9.5%
Gross profit margin16.8%
EBITDA margin16.3%
EBIT margin15.6%

Net profit margin

Net profit ÷ revenue · %

0.0%3.1%6.1%9.2%12.3%12.3%FY216.3%FY2210.2%FY2311.7%FY249.5%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY26

RatioValue
Current ratio6.23
Quick ratio3.98
Cash ratio0.22
Asset turnover1.38x
Effective tax rate44.7%

Current ratio

Current assets ÷ current liabilities

0.001.563.124.686.232.84FY256.23FY26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 2.11B

Rs 3.34BRs 2.35BRs 1.37BRs 376.58MOct 25Dec 25Feb 26Apr 26Jul 26Sep 26Rs 2.11B

Valuation & Capital Returns

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

Latest · FY26

RatioValue
Price to earnings4.68x
Price to book0.70x
Price to sales0.44x

Price to earnings

Period-end price ÷ EPS · times

0.00x1.55x3.10x4.64x6.19x6.19xFY254.68xFY26Period
Earlier periodsLatest period

Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 227.01) is below the 30-day SMA (Rs 231.29). RSI at 52 sits in the neutral band.

As of30 Oct 2026

PeriodValuevs CurrentPosition
SMA 10Rs 227.02-2.56%Above
SMA 30Rs 231.29-0.73%Above
SMA 60Rs 253.52+8.82%Below
SMA 200Rs 279.44+19.94%Below
52Neutral
0 · Oversold305070100 · Overbought

At 52, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bullish Cross
  • MACD-4.61
  • Signal-7.04
  • Histogram+2.42
R2Resistance 2
Rs 258.75
11.1%
R1Resistance 1
Rs 246.86
6.0%
NOWCurrent
Rs 232.98
S1Support 1
Rs 219.54
-5.8%
S2Support 2
Rs 204.11
-12.4%

Leverage Insights

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

—Not MTS-eligible
Rs 990.42K
Margin financing
Rs 990.42K
+212.19% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for WAHN 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 %96.72%Most recent print
Average · 3M88.57%Mean over window
Change · 3M-3.25%First → last
Range · 3M44.9–100.0%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 90.00M
Total Shares9.00M
3.15M
35.0%
Year EndJun
Enterprise Value—

About the Company

Business description, governance, and corporate information

Wah Nobel Chemicals Limited was incorporated in Pakistan on 31 May 1983 as a Public Limited Company under the Companies Act, 1913 (now the Companies Act, 2017). The principal activity of the Company is to manufacture Urea Formaldehyde Moulding Compound, Formaldehyde and Formaldehyde based liquid resins for use as bonding agent in the chip board, plywood and flush door manufacturing industries.

Shariah CompliantChemical

Corporate Information

  • RegistrarIlyas Saeed Associates (Pvt.) Ltd., Management Consultants, nd Office # 26, 2 Floor, Rose Plaza, I-8 Markaz, Islamabad
  • AuditorM/s Grant Thornton Anjum Rahman, Chartered Accountants
  • Websitewww.wahnobel.com
  • AddressG.T. Road, Wah Cantt.
  • SectorChemical
  • Financial Year EndJune

Key People

NameRole
B(Brig (R) Shiraz Ullah Choudhry
CEO
LGLt Gen Tahir Hameed Shah, HI(M)
Chairperson
MFMuhammad Farrukh Mansoor Malik
Company Secretary

Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

Peers in Chemical

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

WAHN vs Chemical sector median

Median across 26 sector constituents · nulls excluded per metric

MetricWAHNSector median
4.7x10.6x
2.1%2.2%
19.6%12.7%
1-Year Return-39.8%-9.0%
Rs 2.11BRs 4.68B

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Frequently Asked Questions

The most common questions investors ask about WAHN

WAHN last traded at Rs 232.98, down 0.85% on the day, within a 52-week range of Rs 216.00–393.59. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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