Merit Packaging Limited MERIT
Rs 9.88
Vol31,514Updated10:3029 Jul 2026
01—At a Glance
The headline take on MERIT — valuation, income, returns, and efficiency
Consolidated snapshot
02—Price & Performance
Closing prices across timeframes, returns, and range context
MERIT — Price History
Daily closing series · toggle period below
03—Key Metrics
Valuation, profitability, structure, and risk in one grid
04—Dividend History & Yield
Payout track record, yield trend, and upcoming distribution
Latest Payout
Dividend Per Share Trend
05—Financials & Earnings
Income, balance sheet, and key ratios from published accounts
MERIT's market capitalisation stands at Rs 1.98B as of 29 Jul 2026 — down 17.3% over the past 12 months (from Rs 2.39B).
Financial Statements
How OGDC's income and balance sheet have evolved
| PKR Millions | FY25 | FY24 | FY23 | FY22 | FY21 | FY20 | Trend |
|---|---|---|---|---|---|---|---|
| Net Sales / Revenue | 5,281 | 6,638 | 6,341 | 4,182 | 2,903 | 2,158 | |
| Cost of Sales | 5,310 | 6,180 | 5,849 | 3,929 | 2,945 | 2,357 | |
| Gross Profit | -29 | 458 | 492 | 253 | -42 | -199 | |
| Administrative Expenses | 214 | 149 | 109 | 99 | 86 | 89 | |
| Operating Profit | -367 | 213 | 295 | 83 | -178 | -331 | |
| EBITDA | -133 | 540 | 485 | 275 | 48 | -82 | |
| Other Income | 28 | 51 | 33 | 20 | 17 | 4 | |
| Financial Charges | 183 | 352 | 344 | 263 | 327 | 353 | |
| Profit Before Tax | -533 | -103 | -66 | -170 | -545 | -769 | |
| Taxation | 66 | 83 | 71 | 2 | 20 | 77 | |
| Profit After Tax | -600 | -186 | -137 | -168 | -565 | -693 | |
| EPS - Basic (Rs) | Rs -3.00 | Rs -0.93 | Rs -0.68 | Rs -1.16 | Rs -6.38 | Rs -7.83 |
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 | -11.4% |
| Gross profit margin | -0.5% |
| EBITDA margin | -2.5% |
| EBIT margin | -6.9% |
Net profit margin
Net profit ÷ revenue · %
Financial Health
Coverage, leverage, and the strength of the balance sheet
Latest · FY25
| Ratio | Value |
|---|---|
| Interest coverage | -2.0x |
Interest coverage
Operating profit ÷ finance charges · times
Market cap trajectory
Close × current shares outstanding · current Rs 1.98B
Valuation & Capital Returns
What the market is paying for MERIT, and what it returns to shareholders
Latest · FY25
| Ratio | Value |
|---|---|
| Price to sales | 0.51x |
Price to sales
Market cap ÷ revenue · times
06—Technical Analysis
Trading signal, moving averages, momentum, and key levels
10-day SMA (Rs 9.86) is below the 30-day SMA (Rs 10.24). RSI at 46 sits in the neutral band.
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 9.86 | -0.23% | Above |
| SMA 30 | Rs 10.24 | +3.60% | Below |
| SMA 60 | Rs 10.08 | +2.06% | Below |
| SMA 200 | Rs 11.09 | +12.20% | Below |
At 46, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.
- MACD-0.11
- Signal-0.06
- Histogram-0.05
07—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 MERIT on the latest PSX DFC report.
08—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 16 Jul 2026
Price vs Settlement
Close price (left axis) · UIN settlement % (right axis)
10—About the Company
Business description, governance, and corporate information
Merit Packaging Limited was incorporated on January 28, 1980 in Pakistan as a public limited company under the repealed Companies Ordinance, 1984. The Company is mainly engaged in the manufacture and sale of printing and packaging materials.
Corporate Information
- RegistrarFAMCO Share Registration Services (Pvt) Limited, 8-F, Next to Hotel Faran, Nursery, Block-6, P.E.C.H.S., Shahrah-e-Faisal, Karachi
- AuditorBDO Ebrahim & Co. Chartered Accountants.
- Websitewww.meritpack.com
- AddressLakson Square, Building No.2, Sarwar Shaheed Road, Karachi, Pakistan.
- SectorPaper, Board & Packaging
- Financial Year EndJune
Key People
| Name | Role |
|---|---|
SISabir Imtiaz | CEO |
IAIqbal Ali Lakhani | Chairperson |
MAMansoor Ahmed | Company Secretary |
Reports & Filings
- Quarterly Report — 31 Mar 2026PDF
- Quarterly Report — 31 Dec 2025PDF
- Quarterly Report — 30 Sept 2025PDF
- Quarterly Report — 31 Mar 2025PDF
- Annual Report FY2025PDF
- Quarterly Report — 31 Dec 2024PDF
- Quarterly Report — 30 Sept 2024PDF
- Quarterly Report — 31 Mar 2024PDF
Sourced from official PSX financial-report submissions.
11—Recent Announcements
Latest company filings as reported on PSX
Filings and disclosures from the PSX announcement feed
- 30 Apr 2026Financial Results
- 29 Apr 2026Financial Results
- 28 Apr 2026Board Meeting
- 21 Apr 2026Board Meetings
- 02 Mar 2026Financial Results
- 26 Feb 2026Financial Results
- 26 Feb 2026Financial Results
- 19 Feb 2026Board Meetings
12—Peers in Paper, Board & Packaging
How the cohort is moving — same-sector stocks by market cap
MERIT vs Paper, Board & Packaging sector median
| Metric | MERIT | 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 → | — | 11.2x |
| Dividend YieldTrailing-12-month cash dividends ÷ share price. A high yield can signal income — or a falling price.Read the full guide → | 0.0% | 1.6% |
| Return on EquityNet profit ÷ shareholders' equity — how hard the company works each rupee investors have put in.Read the full guide → | -23.1% | 4.0% |
| 1-Year Return | -17.0% | -11.8% |
| Market CapitalisationShare price × total shares — the company's full market value, and the basis for index weightings.Read the full guide → | Rs 1.98B | Rs 4.91B |
Paper, Board & Packaging · sector heat
13—Frequently Asked Questions
The most common questions investors ask about MERIT
Frequently Asked Questions
MERIT closed at Rs 9.88 on 29 Jul 2026, down 0.50% on the day, within a 52-week range of Rs 7.10–14.69. Prices on this page refresh through the trading day; log in to BSL for live quotes.
Merit Packaging Limited was incorporated on January 28, 1980 in Pakistan as a public limited company under the repealed Companies Ordinance, 1984. See About the Company on this page for the full profile, management, and corporate information.
MERIT has not declared a cash dividend in the recent PSX record — some companies reinvest earnings instead; see the Financials section. For income ideas, browse the highest dividend yield stocks on PSX.
Yes — Merit Packaging Limited is on the PSX's Shariah-compliant (KMI All Shares) list. Browse all Shariah-compliant PSX stocks.
A side-by-side comparison with the Paper, Board & Packaging sector median — valuation, yield, and returns — is in the Peers section, or explore the Paper, Board & Packaging sector page.
Annual reports for FY2025 are linked under Reports & Filings in the About section of this page, sourced from official PSX submissions.
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