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Mughal Iron & Steel Industries Limited MUGHAL

Market closed

Rs 81.04

-2.00 (-2.41%)

Vol525,997Updated10:3029 Jul 2026

01At a Glance

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

Consolidated snapshot

Mughal Iron & Steel Industries Limited (MUGHAL), commonly searched as Mughal Steel, is an Engineering company listed on the Pakistan Stock Exchange. As of 29 Jul 2026, MUGHAL last traded at Rs 81.04 (-2.41% on the day) with a market cap of Rs 27.20B and a free float of 35.0%. Over the last 12 months the stock has returned +22.2%. The stock trades at a P/E of 28.6x.

Prices through 29 Jul 2026 · FY data through FY25 · Quarterly through Mar-26

28.6x
Rs 2.83
1Y Return
+22.2%
Rs 27.20B

02Price & Performance

Closing prices across timeframes, returns, and range context

MUGHAL — Price History

Daily closing series · toggle period below

1M Return-7.5%
3M Return+7.0%
6M Return-16.8%
1Y Return+22.2%
Day's Range33% of range
Rs 81.04
LowRs 80.56
HighRs 82.00
52-Week Range40% of range
Rs 81.04
LowRs 59.00
HighRs 113.99

03Key Metrics

Valuation, profitability, structure, and risk in one grid

28.6xTrailing annual EPS
Rs 2.83Latest annual · basic
0.94xBook Rs 85.87
No recent payout
1.27Higher than market
Rs 27.20BMid cap
35.0%117M shares
97.20Moderate leverage
3.5%Latest annual
Rs 10Per share

04Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

MUGHAL has no cash dividend in the trailing 12 months. Its most recent payout was a 9.85% rights issue, announced 25 Feb 2025 with book closure from 12 Mar 2025. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
9.85% (Rights)
Yield (last FY)
Payout Ratio
Announced
25 Feb 2025

Dividend Per Share Trend

2021
Rs 2.50
2022
Rs 3.00
2023
Rs 3.20
2024
Rs 0.00
2025
Rs 0.00

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
25 Feb 2025Rights9.85%12 Mar 2025 – 18 Mar 2025

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

MUGHAL's market capitalisation stands at Rs 27.20B as of 29 Jul 2026 up 19.4% over the past 12 months (from Rs 22.79B).

Financial Statements

How OGDC's income and balance sheet have evolved

PKR MillionsFY25FY24FY23FY22FY21FY20Trend
Net Sales / Revenue89,41492,38367,39066,15344,97227,305
Cost of Sales81,27684,66557,71956,02538,28024,688
Gross Profit8,1387,7189,67110,1286,6912,617
Administrative Expenses904858682705538407
Operating Profit7,0066,6528,8349,1775,8992,067
EBITDA7,5837,2229,2919,6266,1922,252
Other Income2013553242136759
Financial Charges5,7236,3644,4232,6221,3701,515
Profit Before Tax1,3576194,3466,2024,161554
Taxation3921,38186679173239
Profit After Tax9662,0003,4805,4113,429593
EPS - Basic (Rs)Rs 2.83Rs 5.96Rs 10.37Rs 16.12Rs 11.22Rs 1.96

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin1.1%
Gross profit margin9.1%
EBITDA margin8.5%
EBIT margin7.8%

Net profit margin

Net profit ÷ revenue · %

0.0%2.0%4.1%6.1%8.2%2.2%FY207.6%FY218.2%FY225.2%FY232.2%FY241.1%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY25

RatioValue
Effective tax rate28.9%

Effective tax rate

Taxation ÷ profit before tax · %

0.0%55.8%111.6%167.3%223.1%7.0%FY2017.6%FY2112.8%FY2219.9%FY23223.1%FY2428.9%FY25Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 27.20B

Rs 37.09BRs 26.12BRs 15.15BRs 4.18BJul 25Sept 25Nov 25Jan 26Mar 26May 26Rs 27.20B

Valuation & Capital Returns

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

Latest · FY25

RatioValue
Price to earnings36.42x
Price to sales0.39x

Price to earnings

Period-end price ÷ EPS · times

0.00x9.66x19.32x28.98x38.64x38.64xFY209.28xFY213.00xFY226.38xFY2313.44xFY2436.42xFY25Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 80.92) is below the 30-day SMA (Rs 84.81). RSI at 46 sits in the neutral band.

As of29 Jul 2026

PeriodValuevs CurrentPosition
SMA 10Rs 80.92-0.15%Above
SMA 30Rs 84.81+4.66%Below
SMA 60Rs 79.92-1.38%Above
SMA 200Rs 83.46+2.99%Below
46Neutral
0 · Oversold305070100 · Overbought

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

MACD
Bearish Cross
  • MACD-0.72
  • Signal-0.20
  • Histogram-0.52
R2Resistance 2
Rs 102.01
25.9%
R1Resistance 1
Rs 91.53
12.9%
NOWCurrent
Rs 81.04
S1Support 1
Rs 73.28
-9.6%
S2Support 2
Rs 65.51
-19.2%

07Leverage Insights

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

Rs 10.31M
Margin Trading System
Rs 65.95M
Margin financing
Rs 76.26M
-1.76% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

As of 16 Jul 2026

Rs 4.07M
Futures blank sales (Rs)
5.05%
Blank sale ÷ OI
3.46%
Blank sale ÷ free float

Futures Blank Sale Insights

Blank sale value vs OI and free float

08Settlement Insights

UIN-wise settlement concentration and price context

Metrics and charts over the selected trailing window

Latest UIN %68.91%Most recent print
Average · 3M67.44%Mean over window
Change · 3M+8.30%First → last
Range · 3M45.6–96.7%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 · 35.0%Non-float · 65.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 3.36B
Total Shares336M
117M
35.0%
Year EndJun
Enterprise Value

10About the Company

Business description, governance, and corporate information

Mughal Iron & Steel Industries Limited was incorporated in Pakistan as a public limited company on February 16, 2010 under the repealed Companies Ordinance, 1984 (now the Companies Act, 2017). The Company’s operations comprise of ferrous and nonferrous business segments. However, the principal activity of the Company is manufacturing and sale of mild steel products relating to ferrous segment.

Shariah CompliantEngineering

Corporate Information

  • RegistrarTHK Associates (Private) Limited, Plot No. 32-C, Jami Commercial Street 2, D.H.A, Phase-VII, Karachi
  • AuditorFazal Mahmood & Muniff Ziauddin Co Chartered Accountants.
  • Websitewww.mughalsteel.com
  • Address31-A Shadman I, Lahore, Pakistan.
  • SectorEngineering
  • Financial Year EndJune

Key People

NameRole
KJKhurram Javaid
CEO
MJMirza Javed Iqbal
Chairperson
MFMuhammad Fahad Hafeez
Company Secretary

11Recent Announcements

Latest company filings as reported on PSX

12Peers in Engineering

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

MUGHAL vs Engineering sector median

Median across 16 sector constituents · nulls excluded per metric

MetricMUGHALSector median
28.6x24.2x
0.0%0.0%
3.5%-0.5%
1-Year Return+22.2%-5.4%
Rs 27.20BRs 4.85B

13Frequently Asked Questions

The most common questions investors ask about MUGHAL

Frequently Asked Questions

MUGHAL closed at Rs 81.04 on 29 Jul 2026, down 2.41% on the day, within a 52-week range of Rs 59.00–113.99. Prices on this page refresh through the trading day; log in to BSL for live quotes.

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