MSCL logo

Metropolitan Steel Corporation Limited MSCL

Market closed

Rs 24.54

-0.22 (-0.89%)

Vol249,731Updated10:3029 Jul 2026

01At a Glance

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

Consolidated snapshot

Metropolitan Steel Corporation Limited (MSCL) is an Engineering company listed on the Pakistan Stock Exchange. As of 29 Jul 2026, MSCL last traded at Rs 24.54 (-0.89% on the day) with a market cap of Rs 760.19M and a free float of 25.0%. Over the last 12 months the stock has returned +78.5%.

Prices through 29 Jul 2026 · FY data through FY23 · Quarterly through Mar-26

Rs -0.42
1Y Return
+78.5%
Rs 760.19M

02Price & Performance

Closing prices across timeframes, returns, and range context

MSCL — Price History

Daily closing series · toggle period below

1M Return-13.1%
3M Return+2.9%
6M Return+74.9%
1Y Return+78.5%
Day's Range63% of range
Rs 24.54
LowRs 23.00
HighRs 25.45
52-Week Range36% of range
Rs 24.54
LowRs 12.05
HighRs 46.53

03Key Metrics

Valuation, profitability, structure, and risk in one grid

Earnings n/a
Rs -0.42Latest annual · basic
0.91xBook Rs 27.05
No recent payout
0.58Lower than market
Rs 760.19MSmall cap
25.0%8M shares
0.04Low leverage
-1.6%Latest annual
Rs 10Per share

04Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

No dividend payouts on record for MSCL

PSX has no payout announcements for this company in the recent record. Some companies reinvest earnings rather than distribute them — check the Financials section for retained earnings.

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

MSCL's market capitalisation stands at Rs 760.19M as of 29 Jul 2026 up 76.0% over the past 12 months (from Rs 431.83M).

Financial Statements

How OGDC's income and balance sheet have evolved

PKR MillionsFY23FY22FY21Trend
Net Sales / Revenue99.2100.7392.67
Cost of Sales106.78118.3881.17
Gross Profit-7.57-17.6511.5
Administrative Expenses96.675.28
Operating Profit-16.98-24.745.86
Other Income14.0826.142.86
Financial Charges0.260.070.06
Profit Before Tax-13.85-79.851.07
Taxation0.860.030.77
Profit After Tax-13-79.881.85
EPS - Basic (Rs)Rs -0.42Rs -2.58Rs 0.06

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY23

RatioValue
Net profit margin-13.1%
Gross profit margin-7.6%
EBIT margin-17.1%

Net profit margin

Net profit ÷ revenue · %

0.0%0.5%1.0%1.5%2.0%2.0%FY21-79.3%FY22-13.1%FY23Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY23

RatioValue
Current ratio3.06
Quick ratio0.82
Cash ratio0.35
Asset turnover0.11x

Current ratio

Current assets ÷ current liabilities

0.000.981.952.933.913.91FY213.34FY223.06FY23Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 760.19M

Rs 1.31BRs 922.78MRs 535.21MRs 147.64MJul 25Sept 25Nov 25Jan 26Mar 26May 26Rs 760.19M

Valuation & Capital Returns

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

Latest · FY23

RatioValue
Price to book0.80x
Price to sales6.74x

Price to book

Period-end price ÷ book value · times

0.00x0.22x0.44x0.66x0.88x0.88xFY210.88xFY220.80xFY23Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 22.89) is below the 30-day SMA (Rs 26.05). RSI at 47 sits in the neutral band.

As of29 Jul 2026

PeriodValuevs CurrentPosition
SMA 10Rs 22.89-6.72%Above
SMA 30Rs 26.05+6.14%Below
SMA 60Rs 28.56+16.37%Below
SMA 200Rs 19.39-21.00%Above
47Neutral
0 · Oversold305070100 · Overbought

At 47, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bullish Cross
  • MACD-1.26
  • Signal-1.43
  • Histogram+0.18
R2Resistance 2
Rs 33.63
37.1%
R1Resistance 1
Rs 29.09
18.5%
NOWCurrent
Rs 24.54
S1Support 1
Rs 19.90
-18.9%
S2Support 2
Rs 15.25
-37.8%

07Leverage Insights

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

Not MTS-eligible
Rs 1.37M
-47.95% MoMMargin financing
Rs 1.37M
-47.95% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for MSCL on the latest PSX DFC report.

08Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %95.35%Most recent print
Average · 3M76.77%Mean over window
Change · 3M+7.80%First → last
Range · 3M35.9–99.3%Low–high

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)

09Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 25.0%Non-float · 75.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 309.77M
Total Shares31M
8M
25.0%
Year EndJun
Enterprise ValueRs 786.20M

10About the Company

Business description, governance, and corporate information

Metropolitan Steel Corporation Limited was incorporated on August 24,1955 as a public limited company. The company is a manufacturer of steel products such as torsteel, ribbed bars, wire rods, bailing hoops, mild and special steel wires, transmission towers and cold profiles .

Shariah CompliantEngineering

Corporate Information

  • RegistrarF.D Registrar, Office No 1705,17th Floor , Saima Trade Tower -A, I.I Chundrigar Road Karachi
  • AuditorReanda Haroon Zakaria & Company Chartered Accountant
  • Websitehttps://www.msclwire.com
  • AddressPlot No . HE -1/2 Landhi Industrial Area , Karachi
  • SectorEngineering
  • Financial Year EndJune

Key People

NameRole
MUMuhammad Umar Mehkari
CEO
MAMehmood Ali Mehkri
Chairperson
AMAbdul Mojahid
Company Secretary

11Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

12Peers in Engineering

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

MSCL vs Engineering sector median

Median across 16 sector constituents · nulls excluded per metric

MetricMSCLSector median
24.2x
0.0%
-1.6%-0.5%
1-Year Return+78.5%-5.4%
Rs 760.19MRs 4.85B

13Frequently Asked Questions

The most common questions investors ask about MSCL

Frequently Asked Questions

MSCL closed at Rs 24.54 on 29 Jul 2026, down 0.89% on the day, within a 52-week range of Rs 12.05–46.53. Prices on this page refresh through the trading day; log in to BSL for live quotes.

Ready to invest in MSCL?

Open a BSL trading account in under 10 minutes

Buy and sell MSCL and 550+ other PSX-listed stocks with low commissions, real-time data, and a concierge research desk backing every trade.

Open Account