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

MUGHAL

AVOID

Mughal Iron & Steel Industries

Engineering · 0.15% of the KSE-100

Price

Rs 76.83

Market cap

Rs 3.7bn

12-month return

-47.2%

Rank

94 of 101

34composite

Rule-based47

ML ranker8

Conviction32

Why the engine ranks it here

Mughal Iron & Steel Industries (MUGHAL) screens as one of the least attractive names in the KSE-100, ranking 94 of 101 on a composite score of 34/100.

Mughal Iron & Steel Industries sits in the Engineering sector and scores best on profitability & earnings quality (58/100), weakest on price trend (29/100). At PKR 76.83 the shares trade on a P/E of 6.2x, 0.28x book, a 3.8% dividend yield. The Piotroski F-Score is 8 of 9 (very strong) and the Altman Z''-Score is 5.90 (financially sound).

What it does well

MUGHAL reports conservative accruals at -5.1% of assets.

Profitability & earnings quality

MUGHAL throws off a 23.7% free cash flow yield.

Valuation

MUGHAL backs its reported profit with 4.31x of operating cash.

Profitability & earnings quality

What holds it back

MUGHAL has compounded revenue at only -27.7% a year over three years.

Growth

MUGHAL has lagged the KSE-100 by -33.5% over six months.

Price trend

MUGHAL has fallen -40.4% over the last year excluding the latest month.

Price trend

Risk flag: operating profit barely covers finance cost.

Risk

What would change this view

→ the price reclaiming its 200-day average on rising volume

Five-pillar breakdown

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

Profitability & earnings quality30% weight59

Valuation25% weight46

Balance-sheet strength20% weight48

Growth15% weight38

Price trend10% weight29

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

5.90

safe zone · safe above 5.85

Profitable on assets

ROA 1.5%

Cash generative

CFO PKR 2,594m

Returns improving

ROA 1.5% vs -3.3% a year ago

Earnings backed by cash

CFO PKR 2,594m vs profit PKR 602m

Deleveraging

debt/assets 0.29 vs 0.30

Liquidity improving

current ratio 1.46 vs 1.43

Margin expanding

gross margin 24.1% vs 13.2%

Assets working harder

asset turnover 0.79x vs 0.82x

No shareholder dilution

49m shares vs 49m

Altman components

Working capital / assets0.101

Retained earnings / assets0.327

Operating profit / assets0.053

Equity / liabilities0.540

Sales / assets0.802

Risk flags

Hard rules that cap the composite score regardless of how the pillars read.

operating profit barely covers finance cost

Price history

Weekly closes. Beta 1.13 against the index, annualised volatility 36%, RSI 46.

+423.4% 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 7.7bn	Rs 1.9bn	Rs 520m	Rs 182m	3.74	2026-04-30
2025 Q3	Rs 7.6bn	Rs 1.8bn	Rs 484m	Rs 151m	3.11	2025-11-14
2025 Q2	Rs 8.2bn	Rs 2.1bn	Rs 607m	Rs 238m	4.90	2025-08-14
2025 Q1	Rs 7.9bn	Rs 1.9bn	Rs 522m	Rs 156m	3.20	2025-05-15
2024 Q4	Rs 7.3bn	Rs 1.6bn	Rs 421m	Rs 57m	1.18	2025-04-30
2024 Q3	Rs 7.2bn	Rs 1.2bn	Rs 257m	Rs -183m	-3.76	2024-11-14
2024 Q2	Rs 8.5bn	Rs 1.5bn	Rs 347m	Rs -212m	-4.36	2024-08-14
2024 Q1	Rs 9.4bn	Rs 1.2bn	Rs 169m	Rs -398m	-8.18	2024-05-15
2023 Q4	Rs 10.0bn	Rs 700m	Rs -44m	Rs -623m	-12.82	2024-04-29
2023 Q3	Rs 11.7bn	Rs 953m	Rs 3m	Rs -609m	-12.52	2023-11-14
2023 Q2	Rs 14.2bn	Rs 2.6bn	Rs 584m	Rs -106m	-2.18	2023-08-14
2023 Q1	Rs 16.4bn	Rs 1.6bn	Rs 103m	Rs -479m	-9.86	2023-05-15

Ranked against Engineering

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

ISLInternational Steels Limited8.4x56

ASTLAmreli Steels Limited1.8x50

ITTEFAQIttefaq Iron Industries1.6x50

MUGHALMughal Iron & Steel Industries6.2x34

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.