AICLRs 31.0+9.1%BERGRs 36.5-14.4%PRLRs 147.7+44.2%AGLRs 16.9+69.1%KAPCORs 51.5+57.5%SITCRs 52.5-4.6%NMLRs 374.1+210.3%NETSOLRs 5,771.3+29.7%BOPRs 138.7-11.7%PSORs 443.1+105.3%NPLRs 18.7+89.3%FMLRs 288.6+94.9%MARIRs 23.5-11.0%THALLRs 140.6+110.3%NRLRs 61.3-22.3%HBLRs 451.9-6.7%SYSRs 1,566.1+36.2%GATMRs 79.9+33.4%GHGLRs 1,075.6+1.5%FCEPLRs 85.0+61.6%PNSCRs 566.1-42.5%AVNRs 463.8+57.3%FFLRs 135.5+33.3%AGTLRs 159.5-34.9%FEROZRs 274.0+45.3%SRVIRs 38.0+63.0%ILPRs 26.7+20.5%KELRs 71.8+64.8%MLCFRs 1.8-5.9%HTLRs 157.8+46.7%PIOCRs 54.6+58.7%IGIHLRs 98.5-4.8%EFERTRs 76.5+20.3%FFCRs 14.2-30.0%GHNIRs 476.1+34.4%PTCRs 14,713.1+1.5%TPLPRs 2,078.1+10.1%UBLRs 355.3-25.8%ISLRs 171.0+2.7%APLRs 38.3+9.0%ABOTRs 4.4-26.4%PKGSRs 61.2+35.3%FABLRs 263.0-1.9%ATLHRs 10.6-5.5%OGDCRs 71.0+43.4%MTLRs 106.9-27.7%NCLRs 5.7+56.9%UNITYRs 758.2+41.8%LUCKRs 67.7+22.9%KTMLRs 158.5+51.2%SNBLRs 172.8+16.1%BWCLRs 196.5+40.1%CHCCRs 25.0-4.0%ASTLRs 9.1+14.5%ITTEFAQRs 12.3-9.9%AGPRs 30.8-42.3%HINOONRs 61.3-35.9%ENGRORs 68.6+46.4%ATRLRs 26.4+81.9%SHELRs 187.1-5.4%JDWSRs 2.1+20.6%EFUGRs 50.9+44.1%KOHCRs 79.1+42.0%BNWMRs 54.3+62.8%GLAXORs 56.9+14.0%CNERGYRs 49.2-1.8%JSBLRs 377.8-24.1%SEARLRs 21.7-21.2%MCBRs 81.8-4.4%BAFLRs 110.1+14.1%TGLRs 236.2-8.1%NCPLRs 27.7+19.9%AIRLINKRs 81.3+23.7%PAELRs 27.5+77.4%PAKTRs 1.7+3.6%INDURs 74.3-34.6%EPCLRs 17.8-50.1%TRGRs 100.9+18.5%SNGPRs 3.6-7.2%MEBLRs 95.1+11.0%PPLRs 12.0+27.2%POLRs 149.8+69.1%BAHLRs 123.3-17.6%GWLCRs 18.0+9.8%ACPLRs 41.8+19.4%FCCLRs 146.4+6.4%HCARRs 752.9-10.6%NBPRs 173.6-16.9%FATIMARs 237.9+68.5%SSGCRs 12.9+40.7%AKBLRs 268.1-10.1%LOTCHEMRs 65.9-7.3%NATFRs 5.0-57.8%MUGHALRs 76.8-47.2%PSMCRs 514.2-32.5%ICIRs 268.1+5.8%HUBCRs 48.3+16.8%NESTLERs 4.6-50.6%ARPLRs 89.9-12.9%DGKCRs 681.9+39.9%PSELRs 113.5-0.4%AICLRs 31.0+9.1%BERGRs 36.5-14.4%PRLRs 147.7+44.2%AGLRs 16.9+69.1%KAPCORs 51.5+57.5%SITCRs 52.5-4.6%NMLRs 374.1+210.3%NETSOLRs 5,771.3+29.7%BOPRs 138.7-11.7%PSORs 443.1+105.3%NPLRs 18.7+89.3%FMLRs 288.6+94.9%MARIRs 23.5-11.0%THALLRs 140.6+110.3%NRLRs 61.3-22.3%HBLRs 451.9-6.7%SYSRs 1,566.1+36.2%GATMRs 79.9+33.4%GHGLRs 1,075.6+1.5%FCEPLRs 85.0+61.6%PNSCRs 566.1-42.5%AVNRs 463.8+57.3%FFLRs 135.5+33.3%AGTLRs 159.5-34.9%FEROZRs 274.0+45.3%SRVIRs 38.0+63.0%ILPRs 26.7+20.5%KELRs 71.8+64.8%MLCFRs 1.8-5.9%HTLRs 157.8+46.7%PIOCRs 54.6+58.7%IGIHLRs 98.5-4.8%EFERTRs 76.5+20.3%FFCRs 14.2-30.0%GHNIRs 476.1+34.4%PTCRs 14,713.1+1.5%TPLPRs 2,078.1+10.1%UBLRs 355.3-25.8%ISLRs 171.0+2.7%APLRs 38.3+9.0%ABOTRs 4.4-26.4%PKGSRs 61.2+35.3%FABLRs 263.0-1.9%ATLHRs 10.6-5.5%OGDCRs 71.0+43.4%MTLRs 106.9-27.7%NCLRs 5.7+56.9%UNITYRs 758.2+41.8%LUCKRs 67.7+22.9%KTMLRs 158.5+51.2%SNBLRs 172.8+16.1%BWCLRs 196.5+40.1%CHCCRs 25.0-4.0%ASTLRs 9.1+14.5%ITTEFAQRs 12.3-9.9%AGPRs 30.8-42.3%HINOONRs 61.3-35.9%ENGRORs 68.6+46.4%ATRLRs 26.4+81.9%SHELRs 187.1-5.4%JDWSRs 2.1+20.6%EFUGRs 50.9+44.1%KOHCRs 79.1+42.0%BNWMRs 54.3+62.8%GLAXORs 56.9+14.0%CNERGYRs 49.2-1.8%JSBLRs 377.8-24.1%SEARLRs 21.7-21.2%MCBRs 81.8-4.4%BAFLRs 110.1+14.1%TGLRs 236.2-8.1%NCPLRs 27.7+19.9%AIRLINKRs 81.3+23.7%PAELRs 27.5+77.4%PAKTRs 1.7+3.6%INDURs 74.3-34.6%EPCLRs 17.8-50.1%TRGRs 100.9+18.5%SNGPRs 3.6-7.2%MEBLRs 95.1+11.0%PPLRs 12.0+27.2%POLRs 149.8+69.1%BAHLRs 123.3-17.6%GWLCRs 18.0+9.8%ACPLRs 41.8+19.4%FCCLRs 146.4+6.4%HCARRs 752.9-10.6%NBPRs 173.6-16.9%FATIMARs 237.9+68.5%SSGCRs 12.9+40.7%AKBLRs 268.1-10.1%LOTCHEMRs 65.9-7.3%NATFRs 5.0-57.8%MUGHALRs 76.8-47.2%PSMCRs 514.2-32.5%ICIRs 268.1+5.8%HUBCRs 48.3+16.8%NESTLERs 4.6-50.6%ARPLRs 89.9-12.9%DGKCRs 681.9+39.9%PSELRs 113.5-0.4%

Compare Watch

ATRL

HOLD

Attock Refinery Limited

Refinery · 1.16% of the KSE-100

Price

Rs 26.35

Market cap

Rs 24.8bn

12-month return

+81.9%

Rank

59 of 101

49composite

Rule-based48

ML ranker51

Conviction57

Why the engine ranks it here

Attock Refinery Limited (ATRL) screens as fairly valued against the rest of the KSE-100, ranking 59 of 101 on a composite score of 49/100.

Attock Refinery Limited sits in the Refinery sector and scores best on price trend (56/100), weakest on growth (38/100). At PKR 26.35 the shares trade on a P/E of 1.9x, 0.14x book, a 9.1% dividend yield. The Piotroski F-Score is 8 of 9 (very strong) and the Altman Z''-Score is 5.06 (watch zone).

What it does well

ATRL backs its reported profit with 3.81x of operating cash.

Profitability & earnings quality

ATRL grew earnings 452.9% year on year.

Growth

ATRL reports conservative accruals at -4.4% of assets.

Profitability & earnings quality

What holds it back

ATRL has compounded revenue at only -23.3% a year over three years.

Growth

ATRL is volatile at 40.9% annualised.

Price trend

ATRL returns only 7.0% on invested capital.

Profitability & earnings quality

What would change this view

→ two consecutive quarters of revenue growth above the sector median

Five-pillar breakdown

Each pillar scores the company against sector peers, where 50 is the sector average.

Profitability & earnings quality30% weight55

Valuation25% weight44

Balance-sheet strength20% weight48

Growth15% weight38

Price trend10% weight56

The classic screens

Piotroski tests nine accounting facts about improvement; Altman scores the distance from financial distress.

Piotroski F-Score

8 / 9

very strong · 8 of 9 tests passed

Altman Z''-Score

5.06

grey zone · safe above 5.85

Profitable on assets

ROA 1.6%

Cash generative

CFO PKR 49,859m

Returns improving

ROA 1.6% vs -0.4% a year ago

Earnings backed by cash

CFO PKR 49,859m vs profit PKR 13,071m

Deleveraging

debt/assets 0.18 vs 0.18

Liquidity improving

current ratio 1.39 vs 1.38

Margin expanding

gross margin 17.0% vs 13.9%

Assets working harder

asset turnover 1.06x vs 1.12x

No shareholder dilution

941m shares vs 941m

Altman components

Working capital / assets0.089

Retained earnings / assets0.208

Operating profit / assets0.038

Equity / liabilities0.272

Sales / assets1.055

Price history

Weekly closes. Beta 1.05 against the index, annualised volatility 41%, RSI 69.

+303.5% over this window

Reported accounts

The last twelve quarters as filed, in PKR millions. The publication date is what the engine uses to decide when a figure became knowable.

Quarter	Revenue	Gross profit	Operating	Net income	EPS	Filed
2025 Q4	Rs 230.7bn	Rs 40.8bn	Rs 9.1bn	Rs 4.1bn	4.39	2026-04-30
2025 Q3	Rs 229.3bn	Rs 38.2bn	Rs 8.1bn	Rs 3.4bn	3.63	2025-11-14
2025 Q2	Rs 242.0bn	Rs 43.7bn	Rs 9.9bn	Rs 4.8bn	5.15	2025-08-14
2025 Q1	Rs 218.0bn	Rs 33.8bn	Rs 6.6bn	Rs 2.3bn	2.45	2025-05-15
2024 Q4	Rs 195.3bn	Rs 34.2bn	Rs 7.5bn	Rs 2.5bn	2.65	2025-04-30
2024 Q3	Rs 215.2bn	Rs 34.1bn	Rs 6.8bn	Rs 1.0bn	1.07	2024-11-14
2024 Q2	Rs 248.5bn	Rs 32.5bn	Rs 5.1bn	Rs -1.5bn	-1.60	2024-08-14
2024 Q1	Rs 253.2bn	Rs 36.1bn	Rs 6.4bn	Rs -774m	-0.82	2024-05-15
2023 Q4	Rs 266.4bn	Rs 34.0bn	Rs 5.1bn	Rs -2.4bn	-2.59	2024-04-29
2023 Q3	Rs 313.4bn	Rs 43.2bn	Rs 7.3bn	Rs -973m	-1.03	2023-11-14
2023 Q2	Rs 376.5bn	Rs 48.9bn	Rs 7.6bn	Rs -1.1bn	-1.16	2023-08-14
2023 Q1	Rs 425.3bn	Rs 44.7bn	Rs 4.3bn	Rs -3.8bn	-4.04	2023-05-15

Ranked against Refinery

Every peer in the same sector, ordered by composite score. These are the companies whose ratios set this one's z-scores.

PRLPakistan Refinery Limited0.9x73

NRLNational Refinery Limited1.4x65

ATRLAttock Refinery Limited1.9x49

CNERGYCnergyico PK Limited0.6x48

Scored as of 31 December 2025. Generated by an automated screen for research and educational use. Not investment advice, and not a substitute for a SECP-licensed adviser.