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Mehran Sugar Mills Limited MRNS

Market open

Rs 64.55

+2.82 (+4.57%)

Vol72,620Updated12:2519 Aug 2026

01At a Glance

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

Consolidated snapshot

Mehran Sugar Mills Limited (MRNS) is a Sugar & Allied Industries company listed on the Pakistan Stock Exchange. As of 19 Aug 2026, MRNS last traded at Rs 64.55 (+4.57% on the day) with a market cap of Rs 4.63B and a free float of 25.0%. Over the last 12 months the stock has returned -11.2%. Cash dividends declared over the trailing 12 months total Rs 5.00/share (yield 8.1%). The stock trades at a P/E of 2.1x.

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

2.1x
Rs 29.02
1Y Return
-11.2%
Rs 4.63B

02Price & Performance

Closing prices across timeframes, returns, and range context

MRNS — Price History

Daily closing series · toggle period below

1M Return-2.6%
3M Return-8.1%
6M Return-10.6%
1Y Return-11.2%
Day's Range100% of range
Rs 64.55
LowRs 61.61
HighRs 63.98
52-Week Range29% of range
Rs 64.55
LowRs 52.32
HighRs 94.01

03Key Metrics

Valuation, profitability, structure, and risk in one grid

2.1xTrailing annual EPS
Rs 29.02Latest annual · basic
1.01xBook Rs 63.63
8.10%Rs 5.00/sh trailing 12m
0.55Lower than market
Rs 4.63BSmall cap
25.0%19M shares
17.97High leverage
57.6%Latest annual
Rs 10Per share

04Dividend History & Yield

Payout track record, yield trend, and upcoming distribution

MRNS has paid Rs 5.00 per share in cash dividends over the trailing 12 months — a 8.1% yield at the last close. Its most recent payout was Rs 0.50/share, announced 15 May 2026 with book closure from 25 May 2026. Annual dividend-per-share history back to 2016 is charted below.

Latest Payout

Per Share
Rs 0.50
Trailing Yield
8.10%
Payout Ratio
Announced
15 May 2026

Dividend Per Share Trend

2021
Rs 0.98
2022
Rs 0.54
2023
Rs 7.36
2024
Rs 1.00
2025
Rs 5.50

Payout History

Source: PSX company payouts

AnnouncedFor PeriodTypeAmountBook Closure
15 May 202631 Mar 2025 (HYR)CashRs 0.50(5%)25 May 2026 – 26 May 2026
28 Jan 202631 Dec 2025 (IQ)CashRs 1.50(15%)09 Feb 2026 – 10 Feb 2026
06 Jan 202630 Sept 2025 (YR)CashRs 3.00(30%)22 Jan 2026 – 28 Jan 2026
29 Jul 202530 Jun 2025 (IIIQ)CashRs 1.50(15%)06 Aug 2025 – 08 Aug 2025
26 May 202531 Mar 2025 (HYR)CashRs 1.00(10%)09 Jun 2025 – 11 Jun 2025

05Financials & Earnings

Income, balance sheet, and key ratios from published accounts

MRNS's market capitalisation stands at Rs 4.63B as of 18 Aug 2026 down 9.5% over the past 12 months (from Rs 5.11B).

Financial Statements

How MRNS's income and balance sheet have evolved

PKR MillionsJun-26Mar-26Dec-25Sep-25Jun-25Mar-25Dec-24Sep-24Trend
Net Sales / Revenue4,753.973,2451,3512,8384,1342,6933,9093,216
Cost of Sales4,497.942,6301,0422,3003,3802,3173,5673,549
Gross Profit256.03615309539754375342-333
Administrative Expenses124.38156881021091227792
Operating Profit418.95397197385615186208-474
EBITDA465242439669246255-418
Other Income368.14188680127257618428
Financial Charges121.72128233114217496242
Profit Before Tax276.952062761,109803558285-981
Taxation8.6172781852993958116
Profit After Tax285.5634197924504518227-1,097
EPS - Basic (Rs)Rs 3.81Rs 0.45Rs 2.63Rs 12.34Rs 6.73Rs 6.92Rs 3.03Rs -14.65

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 margin1.0%
Gross profit margin19.0%
EBITDA margin14.3%
EBIT margin12.2%

Net profit margin

Net profit ÷ revenue · %

0.0%8.1%16.3%24.4%32.6%-34.1%Sep-24Dec-24Mar-25Jun-25Sep-2514.6%Dec-251.0%Mar-26Period
Earlier periodsLatest period

Financial Health

Coverage, leverage, and the strength of the balance sheet

Latest · Jun-26

RatioValue
Current ratio1.54
Quick ratio0.56
Cash ratio0.48
Asset turnover0.47x
Effective tax rate3.1%

Current ratio

Current assets ÷ current liabilities

0.000.581.151.732.301.05Dec-24Mar-25Jun-25Sep-25Dec-251.17Mar-261.54Jun-26Period
Earlier periodsLatest period

Market cap trajectory

Close × current shares outstanding · current Rs 4.63B

Rs 6.60BRs 4.65BRs 2.70BRs 743.71MAug 25Oct 25Dec 25Feb 26Apr 26Jun 26Rs 4.63B

Valuation & Capital Returns

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

Latest · Mar-26

RatioValue
Price to earnings128.71x
Price to book0.93x
EV / EBITDA22.70x
Price to sales1.34x

Price to earnings

Period-end price ÷ EPS · times

0.00x32.18x64.36x96.53x128.71x15.55xDec-24Mar-25Jun-25Sep-2529.19xDec-25128.71xMar-26Period
Earlier periodsLatest period

06Technical Analysis

Trading signal, moving averages, momentum, and key levels

Trading Signal
SELL

10-day SMA (Rs 63.45) is below the 30-day SMA (Rs 63.54). RSI at 42 sits in the neutral band.

As of18 Aug 2026

PeriodValuevs CurrentPosition
SMA 10Rs 63.45-1.71%Above
SMA 30Rs 63.54-1.57%Above
SMA 60Rs 63.23-2.05%Above
SMA 200Rs 67.56+4.67%Below
42Neutral
0 · Oversold305070100 · Overbought

At 42, momentum sits within the neutral band (30–70), suggesting balanced buying and selling pressure.

MACD
Bearish Cross
  • MACD-0.26
  • Signal-0.13
  • Histogram-0.13
R2Resistance 2
Rs 68.50
6.1%
R1Resistance 1
Rs 65.11
0.9%
NOWCurrent
Rs 64.55
S1Support 1
Rs 58.93
-8.7%
S2Support 2
Rs 56.14
-13.0%

07Leverage Insights

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

Not MTS-eligible
Rs 7.49M
+72.26% MoMMargin financing
Rs 7.49M
+72.26% MoMMTS + MFS combined

Leverage Composition

MTS · MFS stacked over the selected window

No blank sales

No net blank (short) sales reported for MRNS 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 %57.70%Most recent print
Average · 3M66.63%Mean over window
Change · 3M-41.55%First → last
Range · 3M9.7–100.0%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 · 25.0%Non-float · 75.0%

Free float vs locked-in holdings

Paid-Up CapitalRs 749.28M
Total Shares75M
19M
25.0%
Year End
Enterprise Value

10About the Company

Business description, governance, and corporate information

Mehran Sugar Mills Limited was incorporated in Pakistan as a public limited company in December 1965 under the repealed Companies Act, 1913. The Company is principally engaged in the manufacturing and sale of sugar and its by-products.

Shariah CompliantSugar & Allied Industries

Corporate Information

  • RegistrarCDC Share Registrar Services Limited, 99-B, Block-B, S.M.C.H.S., Mian Shahrah-e-Faisal, Karachi
  • AuditorM/s Grant Thornton Anjum Rahman Chartered Accountants
  • Websitewww.mehransugar.com
  • AddressExecutive Tower Dolmen City, 14th Floor, Block 4 Marine Drive Clifton Karachi, Pakistan.
  • SectorSugar & Allied Industries

Key People

NameRole
AEAhmed Ebrahim Hasham
CEO
MHMohammed Hussain Hasham
Chairperson
NUNajam ul Aqib
Company Secretary

11Recent Announcements

Latest company filings as reported on PSX

Filings and disclosures from the PSX announcement feed

12Peers in Sugar & Allied Industries

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

MRNS vs Sugar & Allied Industries sector median

Median across 28 sector constituents · nulls excluded per metric

MetricMRNSSector median
2.1x10.0x
8.1%0.2%
57.6%4.6%
1-Year Return-11.2%+14.2%
Rs 4.63BRs 2.10B

13Frequently Asked Questions

The most common questions investors ask about MRNS

Frequently Asked Questions

MRNS is trading at Rs 64.55, up 4.57% on the day, within a 52-week range of Rs 52.32–94.01, from the 15-minute snapshot taken at 12:30 PKT. Prices on this page refresh every 15 minutes during market hours; log in to BSL for live quotes.

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