Financials Nishat Mills Limited

Equities

NML

PK0005501017

Textiles & Leather Goods

End-of-day quote Pakistan S.E. 06:00:00 2024-04-25 pm EDT 5-day change 1st Jan Change
72.6 PKR -1.48% Intraday chart for Nishat Mills Limited +3.91% -5.37%

Valuation

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025
Capitalization 1 32,818 27,428 32,804 25,987 19,960 25,526 -
Enterprise Value (EV) 1 32,818 27,428 32,804 25,987 19,960 25,526 25,526
P/E ratio 5.6 x 7.82 x 5.54 x 2.52 x 1.64 x 3.49 x 2.9 x
Yield 4.29% 5.13% 4.29% 5.41% 8.81% 7.44% 8.26%
Capitalization / Revenue 0.52 x 0.45 x 0.46 x - 0.14 x 0.17 x 0.16 x
EV / Revenue 0.52 x 0.45 x 0.46 x - 0.14 x 0.17 x 0.16 x
EV / EBITDA - - - - - - -
EV / FCF - - - - - - -
FCF Yield - - - - - - -
Price to Book - - 0.38 x - - - -
Nbr of stocks (in thousands) 351,600 351,600 351,600 351,600 351,600 351,600 -
Reference price 2 93.34 78.01 93.30 73.91 56.77 72.60 72.60
Announcement Date 9/19/19 9/18/20 9/20/21 9/20/22 9/26/23 - -
1PKR in Million2PKR
Estimates

Income Statement Evolution (Annual data)

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025
Net sales 1 63,499 60,904 71,431 - 141,756 151,613 160,973
EBITDA - - - - - - -
EBIT 1 3,407 2,949 4,549 - 22,334 22,846 18,843
Operating Margin 5.37% 4.84% 6.37% - 15.76% 15.07% 11.71%
Earnings before Tax (EBT) 1 - 4,479 7,071 - 15,406 13,640 12,583
Net income 1 - 3,506 5,922 - 12,166 10,965 10,550
Net margin - 5.76% 8.29% - 8.58% 7.23% 6.55%
EPS 2 16.66 9.970 16.84 29.33 34.60 20.80 25.00
Free Cash Flow - - - - - - -
FCF margin - - - - - - -
FCF Conversion (EBITDA) - - - - - - -
FCF Conversion (Net income) - - - - - - -
Dividend per Share 2 4.000 4.000 4.000 4.000 5.000 5.400 6.000
Announcement Date 9/19/19 9/18/20 9/20/21 9/20/22 9/26/23 - -
1PKR in Million2PKR
Estimates

Income Statement Evolution (Quarterly data)

Fiscal Period: June 2020 S1 2022 Q1 2022 Q2 2022 S1 2022 Q3 2022 Q4 2023 Q1 2023 Q2 2023 S1 2023 Q3 2023 Q4 2024 Q2 2024 S1
Net sales 1 32,868 - 28,500 52,892 - - 34,337 33,171 67,507 37,102 37,147 36,943 76,971
EBITDA - - - - - - - - - - - - -
EBIT 1,903 - 1,687 4,646 - - 4,098 2,804 6,903 2,648 4,599 - -
Operating Margin 5.79% - 5.92% 8.78% - - 11.94% 8.45% 10.23% 7.14% 12.38% - -
Earnings before Tax (EBT) 2,418 - 2,751 6,413 - - - 4,485 9,265 - 2,167 - -
Net income 1 1,891 - 2,315 5,605 3,449 - 4,152 3,683 7,835 3,300 1,030 1,085 5,633
Net margin 5.75% - 8.12% 10.6% - - 12.09% 11.1% 11.61% 8.9% 2.77% 2.94% 7.32%
EPS 2 5.380 9.360 6.580 15.94 9.810 3.580 11.81 10.48 22.29 9.390 2.930 3.090 16.02
Dividend per Share - - - - - - - - - - 5.000 - -
Announcement Date 2/14/20 10/29/21 2/28/22 2/28/22 5/6/22 9/20/22 10/28/22 2/20/23 2/20/23 4/28/23 9/26/23 2/29/24 2/29/24
1PKR in Million2PKR
Estimates

Balance Sheet Analysis

Fiscal Period: June 2019 2020 2021 2022 2023 2024 2025
Net Debt - - - - - - -
Net Cash position - - - - - - -
Leverage (Debt/EBITDA) - - - - - - -
Free Cash Flow - - - - - - -
ROE (net income / shareholders' equity) 9.48% - 7.54% 12.5% - 11% 10%
ROA (Net income/ Total Assets) - - 4.9% - - - -
Assets 1 - - 120,886 - - - -
Book Value Per Share - - 244.0 - - - -
Cash Flow per Share - - - - - - -
Capex - - - - - - -
Capex / Sales - - - - - - -
Announcement Date 9/19/19 9/18/20 9/20/21 9/20/22 9/26/23 - -
1PKR in Million
Estimates

EPS & Dividend

Year-on-year evolution of the PER

Year-on-year evolution of the Yield

Change in Enterprise Value/EBITDA

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