NML logo

Nishat Mills Limited NML

Market closed

Rs 146.43

-3.50 (-2.33%)

Vol2,064,519Updated10:3029 Jul 2026

01At a Glance

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

Consolidated snapshot

Nishat Mills Limited (NML) is a Textile Composite company listed on the Pakistan Stock Exchange. As of 29 Jul 2026, NML last traded at Rs 146.43 (-2.33% on the day) with a market cap of Rs 51.48B and a free float of 45.0%. Over the last 12 months the stock has returned +10.3%. Cash dividends declared over the trailing 12 months total Rs 2.00/share (yield 1.4%). The stock trades at a P/E of 10.1x. A member of the KSE-100 and KMI-30 indices.

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

10.1x
Rs 14.51
1Y Return
+10.3%
Rs 51.48B

02Price & Performance

Closing prices across timeframes, returns, and range context

NML — Price History

Daily closing series · toggle period below

1M Return-7.2%
3M Return-5.1%
6M Return-25.6%
1Y Return+10.3%
Day's Range25% of range
Rs 146.43
LowRs 145.56
HighRs 149.00
52-Week Range30% of range
Rs 146.43
LowRs 120.00
HighRs 208.40

03Key Metrics

Valuation, profitability, structure, and risk in one grid

10.1xTrailing annual EPS
Rs 14.51Latest annual · basic
0.30xBook Rs 484.18
1.37%Rs 2.00/sh trailing 12m
1.30Higher than market
Rs 51.48BMid cap
45.0%158M shares
55.98Moderate leverage
3.1%Latest annual
Rs 10Per share

04Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

NML has paid Rs 2.00 per share in cash dividends over the trailing 12 months — a 1.4% yield at the last close. Its most recent payout was Rs 2.00/share, announced 30 Sept 2025 with book closure from 21 Oct 2025. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
Rs 2.00
Trailing Yield
1.37%
Payout Ratio
Announced
30 Sept 2025

Dividend Per Share Trend

2021
Rs 4.00
2022
Rs 4.00
2023
Rs 5.00
2024
Rs 3.00
2025
Rs 2.00

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
30 Sept 202530 Jun 2025 (YR)CashRs 2.00(20%)21 Oct 2025 – 28 Oct 2025

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

NML's market capitalisation stands at Rs 51.48B as of 29 Jul 2026 up 10.6% over the past 12 months (from Rs 46.57B).

Financial Statements

How OGDC's income and balance sheet have evolved

PKR MillionsFY25FY24FY23FY22FY21FY20Trend
Net Sales / Revenue207,175212,512193,676165,697104,72788,710
Cost of Sales175,014178,820160,511136,81986,06670,822
Gross Profit32,16133,69133,16628,87818,66117,888
Administrative Expenses4,6284,1293,4492,6642,1822,223
Operating Profit13,34917,14819,05116,55710,0239,571
EBITDA19,98822,98924,52421,65914,57213,922
Other Income9,8456,5295,8993,5882,7322,351
Financial Charges9,02611,0587,5032,7551,8812,958
Profit Before Tax11,79615,60717,92818,28713,1249,611
Taxation7,0585,0994,6294,3541,919839
Profit After Tax4,73810,50913,29913,93311,2068,772
EPS - Basic (Rs)Rs 14.51Rs 22.38Rs 32.12Rs 35.00Rs 28.15Rs 18.07

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY25

RatioValue
Net profit margin2.3%
Gross profit margin15.5%
EBITDA margin9.6%
EBIT margin6.4%

Net profit margin

Net profit ÷ revenue · %

0.0%2.7%5.4%8.0%10.7%9.9%FY2010.7%FY218.4%FY226.9%FY234.9%FY242.3%FY25Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY25

RatioValue
Effective tax rate59.8%

Effective tax rate

Taxation ÷ profit before tax · %

0.0%15.0%29.9%44.9%59.8%8.7%FY2014.6%FY2123.8%FY2225.8%FY2332.7%FY2459.8%FY25Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 51.48B

Rs 72.10BRs 50.77BRs 29.45BRs 8.12BJul 25Sept 25Nov 25Jan 26Mar 26May 26Rs 51.48B

Valuation & Capital Returns

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

Latest · FY25

RatioValue
Price to earnings12.17x
Price to sales0.30x

Price to earnings

Period-end price ÷ EPS · times

0.00x3.04x6.08x9.13x12.17x5.63xFY202.83xFY211.57xFY222.39xFY234.79xFY2412.17xFY25Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 144.49) is below the 30-day SMA (Rs 152.61). RSI at 47 sits in the neutral band.

As of29 Jul 2026

PeriodValuevs CurrentPosition
SMA 10Rs 144.49-1.33%Above
SMA 30Rs 152.61+4.22%Below
SMA 60Rs 148.75+1.59%Below
SMA 200Rs 157.57+7.61%Below
47Neutral
0 · Oversold305070100 · Overbought

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

MACD
Bearish Cross
  • MACD-2.17
  • Signal-1.90
  • Histogram-0.27
R2Resistance 2
Rs 180.74
23.4%
R1Resistance 1
Rs 163.59
11.7%
NOWCurrent
Rs 146.43
S1Support 1
Rs 133.69
-8.7%
S2Support 2
Rs 120.94
-17.4%

07Leverage Insights

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

Rs 111.85M
Margin Trading System
Rs 134.45M
Margin financing
Rs 246.30M
+14.33% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

As of 16 Jul 2026

Rs 97.33M
Futures blank sales (Rs)
20.89%
Blank sale ÷ OI
30.76%
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 %37.13%Most recent print
Average · 3M54.34%Mean over window
Change · 3M-26.74%First → last
Range · 3M26.7–75.5%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 · 45.0%Non-float · 55.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 3.52B
Total Shares352M
158M
45.0%
Year EndJun
Enterprise Value

10About the Company

Business description, governance, and corporate information

Nishat Mills Limited is a public limited Company incorporated in Pakistan under the Companies Act, 1913 (Now Companies Act, 2017) and listed on Pakistan Stock Exchange Limited. The Company is engaged in the business of textile manufacturing and of spinning, combing, weaving, bleaching, dyeing, printing, stitching, apparel, buying, selling and otherwise dealing in yarn, linen, cloth and other goods and fabrics made from raw cotton, synthetic fibre and cloth, and to generate, accumulate, distribute, supply and sell electricity.

KSE-100KMI-30Shariah CompliantTextile Composite

Corporate Information

  • RegistrarTHK Associates (Private) Limited, 2nd Floor, State Life Building No.3, Dr. Ziauddin Ahmed Road, Karachi1st Floor, DYL Motorcycles Limited, Office, 147-Q Block, behind Emporium Mall, Johar Town, Lahore
  • AuditorRiaz Ahmad & Company Chartered Accountants.
  • Websitewww.nishatmillsltd.com
  • AddressNishat House, 53 - A, Lawrence Road, Lahore
  • SectorTextile Composite
  • Financial Year EndJune

Key People

NameRole
MUMian Umer Mansha
CEO
MHMian Hassan Mansha
Chairperson
KMKhalid Mahmood Chohan
Company Secretary

11Recent Announcements

Latest company filings as reported on PSX

12Peers in Textile Composite

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

NML vs Textile Composite sector median

Median across 38 sector constituents · nulls excluded per metric

MetricNMLSector median
10.1x10.6x
1.4%0.0%
3.1%3.1%
1-Year Return+10.3%+11.2%
Rs 51.48BRs 3.72B

13Frequently Asked Questions

The most common questions investors ask about NML

Frequently Asked Questions

NML closed at Rs 146.43 on 29 Jul 2026, down 2.33% on the day, within a 52-week range of Rs 120.00–208.40. Prices on this page refresh through the trading day; log in to BSL for live quotes.

Ready to invest in NML?

Open a BSL trading account in under 10 minutes

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

Open Account