MARI logo

Mari Energies Limited MARI

Market open

Rs 669.00

+1.68 (+0.25%)

Vol338,849Updated12:4519 Aug 2026

01At a Glance

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

Consolidated snapshot

Mari Energies Limited (MARI) is an Oil & Gas Exploration Companies company listed on the Pakistan Stock Exchange. As of 19 Aug 2026, MARI last traded at Rs 669.00 (+0.25% on the day) with a market cap of Rs 801.20B and a free float of 20.0%. Over the last 12 months the stock has returned +2.8%. Cash dividends declared over the trailing 12 months total Rs 27.00/share (yield 4.0%). The stock trades at a P/E of 12.3x. A member of the KMI-30 and KSE-100 and KSE-30 indices.

Prices through 19 Aug 2026 · FY data through FY25 · Quarterly through Mar-26

12.3x
Rs 54.25
1Y Return
+2.8%
Rs 801.20B

02Price & Performance

Closing prices across timeframes, returns, and range context

MARI — Price History

Daily closing series · toggle period below

1M Return+2.2%
3M Return+3.1%
6M Return-3.5%
1Y Return+2.8%
Day's Range23% of range
Rs 669.00
LowRs 666.00
HighRs 678.99
52-Week Range50% of range
Rs 669.00
LowRs 544.56
HighRs 795.00

03Key Metrics

Valuation, profitability, structure, and risk in one grid

12.3xTrailing annual EPS
Rs 54.25Latest annual · basic
2.96xBook Rs 226.26
4.05%Rs 27.00/sh trailing 12m
0.78Lower than market
Rs 801.20BLarge cap
20.0%240M shares
3.65High leverage
26.2%Latest annual
Rs 10Per share

04Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

MARI has paid Rs 27.00 per share in cash dividends over the trailing 12 months — a 4.0% yield at the last close. Its most recent payout was Rs 18.70/share, announced 07 Aug 2026 with book closure from 22 Sept 2026. Annual dividend-per-share history back to 2016 is charted below.

Upcoming PayoutBook closure 22 Sept 2026
Announced
07 Aug 2026
22 Sept 2026 – 25 Sept 2026
Amount
Rs 18.70/share
Type
Cash

Latest Payout

Per Share
Rs 18.70
Trailing Yield
4.05%
Payout Ratio
Announced
07 Aug 2026

Dividend Per Share Trend

2021
Rs 141.00
2022
Rs 124.00
2023
Rs 147.00
2024
Rs 25.78
2025
Rs 21.70

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
07 Aug 202630 Jun 2026 (YR)CashRs 18.70(187%)22 Sept 2026 – 25 Sept 2026
26 Jan 202631 Dec 2025 (HYR)CashRs 8.30(83%)03 Feb 2026 – 05 Feb 2026
11 Aug 202530 Jun 2025 (YR)CashRs 21.70(217%)22 Sept 2025 – 26 Sept 2025

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

MARI's market capitalisation stands at Rs 801.20B as of 18 Aug 2026 up 4.1% over the past 12 months (from Rs 769.70B).

Financial Statements

How MARI's income and balance sheet have evolved

PKR MillionsMar-26Dec-25Sep-25Jun-25Mar-25Dec-24Sep-24Jun-24Trend
Net Sales / Revenue48,17844,77045,35144,80345,64341,35445,29739,837
Gross Profit26,28622,09425,70824,97025,66018,24831,74525,521
Operating Profit21,41120,23023,49619,73522,75414,52828,74431,380
EBITDA23,87422,47925,70321,70924,72816,92330,68633,192
Other Income2,4291,7631,8782,9232,2142,3373,4852,273
Financial Charges987988977929881833835715
Profit Before Tax21,43119,64823,05121,71122,42814,90729,12832,269
Taxation2606,8487,4112,8736,5243,7399,9016,608
Profit After Tax21,17112,80015,64018,83715,90411,16819,22725,661
EPS - Basic (Rs)Rs 17.63Rs 10.66Rs 13.03Rs 15.69Rs 13.25Rs 9.30Rs 16.01Rs 21.37

Showing 8 of 8 quarters · scroll horizontally to see more periods.

All figures in PKR millions from published accounts.

Profitability & Returns

Margins, returns on capital, and earnings per share

Latest · Mar-26

RatioValue
Net profit margin43.9%
Gross profit margin54.6%
EBITDA margin49.6%
EBIT margin44.4%

Net profit margin

Net profit ÷ revenue · %

0.0%16.1%32.2%48.3%64.4%64.4%Jun-24Sep-24Dec-24Mar-25Jun-25Sep-2528.6%Dec-2543.9%Mar-26Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · Mar-26

RatioValue
Current ratio2.83
Quick ratio2.35
Cash ratio0.91
Asset turnover0.11x
Effective tax rate1.2%

Current ratio

Current assets ÷ current liabilities

0.000.731.452.182.912.79Jun-24Sep-24Dec-24Mar-25Jun-25Sep-252.79Dec-252.83Mar-26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 801.20B

Rs 946.53BRs 666.57BRs 386.61BRs 106.65BAug 25Oct 25Dec 25Feb 26Apr 26Jun 26Rs 801.20B

Valuation & Capital Returns

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

Latest · Mar-26

RatioValue
Price to earnings35.62x
Price to book2.65x
EV / EBITDA30.80x
Price to sales15.65x

Price to earnings

Period-end price ÷ EPS · times

0.00x19.34x38.69x58.03x77.38x14.10xJun-24Sep-24Dec-24Mar-25Jun-25Sep-2567.16xDec-2535.62xMar-26Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
BUY

10-day SMA (Rs 671.21) is above the 30-day SMA (Rs 661.49). RSI at 52 sits in the neutral band.

As of18 Aug 2026

PeriodValuevs CurrentPosition
SMA 10Rs 671.21+0.33%Below
SMA 30Rs 661.49-1.12%Above
SMA 60Rs 660.97-1.20%Above
SMA 200Rs 672.20+0.48%Below
52Neutral
0 · Oversold305070100 · Overbought

At 52, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bullish Cross
  • MACD4.47
  • Signal2.26
  • Histogram+2.21
R2Resistance 2
Rs 735.47
9.9%
R1Resistance 1
Rs 701.40
4.8%
NOWCurrent
Rs 669.00
S1Support 1
Rs 631.65
-5.6%
S2Support 2
Rs 595.97
-10.9%

07Leverage Insights

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

Rs 364.82M
+11.56% MoMMargin Trading System
Rs 73.02M
-30.54% MoMMargin financing
Rs 437.83M
+1.32% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

As of 18 Aug 2026

Rs 472.06K
Futures blank sales (Rs)
0.13%
Blank sale ÷ OI
0.20%
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 %74.28%Most recent print
Average · 3M62.75%Mean over window
Change · 3M+19.06%First → last
Range · 3M39.1–80.8%Low–high

Settlement % Trajectory

Solid = UIN settlement % · Dashed = 14-session EMA

As of 18 Aug 2026

Price vs Settlement

Close price (left axis) · UIN settlement % (right axis)

09Share Structure & Capital

Float composition, capital base, and enterprise value

Free float · 20.0%Non-float · 80.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 12.01B
Total Shares1.20B
240M
20.0%
Year EndJun
Enterprise Value

10About the Company

Business description, governance, and corporate information

Mari Energies Limited (formerly, Mari Petroleum Company Limited) is a public limited company incorporated in Pakistan on December 4, 1984, under the Companies Ordinance, 1984 (now superseded by the Companies Act, 2017). The company is principally engaged in the exploration, production, and sale of hydrocarbons. It also provides exploration and production-related services and is involved in ventures related to mineral mining and technology businesses.

KMI-30KSE-100KSE-30Shariah CompliantOil & Gas Exploration Companies

Corporate Information

  • RegistrarM/s Corplink (Pvt) Limited, Wings Arcade, 1-K Commercial, Model Town, Lahore
  • AuditorA.F. Ferguson & Company Chartered Accountants
  • Websitewww.marienergies.com.pk
  • Address21, Mauve Area, 3rd Road G-10/4, P.O. Box Islamabad
  • SectorOil & Gas Exploration Companies
  • Financial Year EndJune

Key People

NameRole
FHFaheem Haider
CEO
LGLt. Gen. Anwar Ali Hyder, HI (M) (Retd.)
Chairperson
BSBrig. Sumair Ashraf Sheikh (Retd)
Company Secretary

11Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

12Peers in Oil & Gas Exploration Companies

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

MARI vs Oil & Gas Exploration Companies sector median

Median across 4 sector constituents · nulls excluded per metric

MetricMARISector median
12.3x8.4x
4.0%3.9%
26.2%19.8%
1-Year Return+2.8%+13.6%
Rs 801.20BRs 717.67B

13Frequently Asked Questions

The most common questions investors ask about MARI

Frequently Asked Questions

MARI is trading at Rs 669.00, up 0.25% on the day, within a 52-week range of Rs 544.56–795.00, from the 15-minute snapshot taken at 12:45 PKT. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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