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PIA Holding Company Limited PIAHCLA

Market closed

Rs 27.58

-0.53 (-1.89%)

Vol1,614,297Updated10:3029 Jul 2026

01At a Glance

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

Consolidated snapshot

PIA Holding Company Limited (PIAHCLA), commonly searched as PIA (Pakistan International Airlines), is an Inv. Banks / Inv. Cos. / Securities Cos. company listed on the Pakistan Stock Exchange. As of 29 Jul 2026, PIAHCLA last traded at Rs 27.58 (-1.89% on the day) with a market cap of Rs 144.35B and a free float of 3.6%. Over the last 12 months the stock has returned +31.4%.

Prices through 29 Jul 2026 · FY data through FY22 · Quarterly through Mar-25

Rs -16.82
1Y Return
+31.4%
Rs 144.35B

02Price & Performance

Closing prices across timeframes, returns, and range context

PIAHCLA — Price History

Daily closing series · toggle period below

1M Return-12.3%
3M Return+29.5%
6M Return+1.7%
1Y Return+31.4%
Day's Range23% of range
Rs 27.58
LowRs 27.45
HighRs 28.01
52-Week Range34% of range
Rs 27.58
LowRs 16.30
HighRs 49.65

03Key Metrics

Valuation, profitability, structure, and risk in one grid

Earnings n/a
Rs -16.82Latest annual · basic
Book value n/a
No recent payout
0.89Lower than market
Rs 144.35BLarge cap
3.6%189M shares
Ratio n/a
Latest annual
Rs 10Per share

04Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

Latest Payout

Per Share
Yield (last FY)
Payout Ratio
Announced

Dividend Per Share Trend

2018
Rs 0.00
2019
Rs 0.00
2020
Rs 0.00
2021
Rs 0.00
2022
Rs 0.00

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

PIAHCLA's market capitalisation stands at Rs 144.35B as of 29 Jul 2026 up 29.9% over the past 12 months (from Rs 111.11B).

Financial Statements

How OGDC's income and balance sheet have evolved

PKR MillionsFY22FY21FY20FY19FY18FY17Trend
Net Sales / Revenue172,03886,18594,989147,500103,49090,556
Cost of Sales176,17194,64892,528139,984123,223107,777
Gross Profit-4,133-8,4632,4617,516-19,732-17,221
Administrative Expenses6,3575,6775,7066,9466,7316,288
Operating Profit-16,635-19,253-7,986-5,650-31,874-28,269
EBITDA-3,122-6,7526,9349,248-26,574-22,366
Other Income6,2766,54911,2352,1021,723836
Financial Charges49,97127,39029,72535,53720,38515,247
Profit Before Tax-86,517-49,764-35,354-53,361-67,418-51,057
Taxation1,4913387117609050
Profit After Tax-88,008-50,101-34,643-52,602-67,328-51,007
EPS - Basic (Rs)Rs -16.82Rs -9.57Rs -6.62Rs -13.77Rs -23.40Rs -17.73

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · FY22

RatioValue
Net profit margin-51.2%
Gross profit margin-2.4%
EBITDA margin-1.8%
EBIT margin-9.7%

Net profit margin

Net profit ÷ revenue · %

0.0%0.0%0.0%0.0%0.0%-56.3%FY17-65.1%FY18-35.7%FY19-36.5%FY20-58.1%FY21-51.2%FY22Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · FY22

RatioValue
Interest coverage-0.3x

Interest coverage

Operating profit ÷ finance charges · times

0.0x0.0x0.0x0.0x0.0x-1.9xFY17-1.6xFY18-0.2xFY19-0.3xFY20-0.7xFY21-0.3xFY22Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 144.35B

Rs 249.28BRs 175.55BRs 101.82BRs 28.09BJul 25Sept 25Nov 25Jan 26Mar 26May 26Rs 144.35B

Valuation & Capital Returns

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

Latest · 2022

RatioValue
Dividend per shareRs 0.00

Dividend per share

Total cash dividend per share · Rs

Rs 0.00Rs 0.00Rs 0.00Rs 0.00Rs 0.00Rs 0.002013Rs 0.002014Rs 0.002015Rs 0.002016Rs 0.002017Rs 0.002018Rs 0.002019Rs 0.002020Rs 0.002021Rs 0.002022Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 28.15) is below the 30-day SMA (Rs 28.72). RSI at 46 sits in the neutral band.

As of29 Jul 2026

PeriodValuevs CurrentPosition
SMA 10Rs 28.15+2.07%Below
SMA 30Rs 28.72+4.14%Below
SMA 60Rs 26.89-2.49%Above
SMA 200Rs 27.23-1.28%Above
46Neutral
0 · Oversold305070100 · Overbought

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

MACD
Bearish Cross
  • MACD0.00
  • Signal0.26
  • Histogram-0.26
R2Resistance 2
Rs 33.86
22.8%
R1Resistance 1
Rs 30.72
11.4%
NOWCurrent
Rs 27.58
S1Support 1
Rs 25.67
-6.9%
S2Support 2
Rs 23.76
-13.9%

07Leverage Insights

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

Not MTS-eligible
Rs 64.05M
Margin financing
Rs 64.05M
-11.42% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

Rs 225.38M
Futures blank sales (Rs)
37.68%
Blank sale ÷ OI
59.57%
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 %45.84%Most recent print
Average · 3M56.23%Mean over window
Change · 3M+1.73%First → last
Range · 3M35.0–78.2%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 · 3.6%Non-float · 96.4%

Free float vs locked-in holdings

Paid-Up CapitalRs 52.34B
Total Shares5.23B
189M
3.6%
Year EndDec
Enterprise Value

10About the Company

Business description, governance, and corporate information

PIA Holding Company Limited (PIAHCL) is a public limited company incorporated under the laws of Pakistan and is currently majority - owned by the Government of Pakistan ("GOP"). PIAHCL has been established by the Government of Pakistan to succeed in specified assets, liabilities, and subsidiaries of Pakistan International Airlines Corporation Limited ('PIACL") including specific business, property, rights, liabilities, and obligations of PIACL.

Inv. Banks / Inv. Cos. / Securities Cos.

Corporate Information

  • RegistrarM/s CDC Share Registrar Services Limited, CDC House, 99 - B, Block B, S.M.C.H.C. Main Shahrah - e - Faisal, Karachi
  • AuditorGrant Thornton Anjum Rahman Chartered Accountant
  • Websitewww.piahcl.com.pk
  • Address4th Floor, PIA Building, 49-AKM Fazal-e-Haq Road, Blue Area, Islamabad
  • SectorInv. Banks / Inv. Cos. / Securities Cos.
  • Financial Year EndDecember

Key People

NameRole
ARAsad Rasool
CEO
TBTariq Bajwa
Chairperson
AJAdil Jamal (Acting)
Company Secretary

11Recent Announcements

Latest company filings as reported on PSX

12Peers in Inv. Banks / Inv. Cos. / Securities Cos.

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

PIAHCLA vs Inv. Banks / Inv. Cos. / Securities Cos. sector median

Median across 34 sector constituents · nulls excluded per metric

MetricPIAHCLASector median
10.8x
3.6%
13.0%
1-Year Return+31.4%+25.6%
Rs 144.35BRs 2.63B

13Frequently Asked Questions

The most common questions investors ask about PIAHCLA

Frequently Asked Questions

PIAHCLA closed at Rs 27.58 on 29 Jul 2026, down 1.89% on the day, within a 52-week range of Rs 16.30–49.65. Prices on this page refresh through the trading day; log in to BSL for live quotes.

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