PXPSX AlphaKSE-100 research engine
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NCL

HOLD

Nishat Chunian Limited

Textile Composite · 0.15% of the KSE-100

Price

Rs 5.65

Market cap

Rs 505m

12-month return

+56.9%

Rank

47 of 101

52composite
Rule-based53
ML ranker51
Conviction65

Why the engine ranks it here

Nishat Chunian Limited (NCL) screens as fairly valued against the rest of the KSE-100, ranking 47 of 101 on a composite score of 52/100.

Nishat Chunian Limited sits in the Textile Composite sector and scores best on growth (63/100), weakest on balance-sheet strength (40/100). At PKR 5.65 the shares trade on a P/E of 0.2x, 0.04x book, a 60.0% dividend yield. The Piotroski F-Score is 7 of 9 (strong) and the Altman Z''-Score is 6.32 (financially sound).

What it does well

NCL is up 99.2% over the last year excluding the latest month.

Price trend

NCL offers a 150.0% earnings yield.

Valuation

NCL trades on 0.2x earnings, cheap against its sector.

Valuation

What holds it back

NCL free cash flow yield is -58.1%.

Valuation

NCL funds only 20.3% of assets with equity.

Balance-sheet strength

NCL carries heavy debt at 1.03x of equity.

Balance-sheet strength

Risk flag: thin traded volume, hard to exit.

Risk

What would change this view

  • → a reduction in net debt or a visible improvement in interest cover

Five-pillar breakdown

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

Profitability47Valuation62Balance-sheet41Growth63Price57
Profitability & earnings quality30% weight47
Valuation25% weight62
Balance-sheet strength20% weight41
Growth15% weight63
Price trend10% weight57

The classic screens

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

Piotroski F-Score

7 / 9

strong · 7 of 9 tests passed

Altman Z''-Score

6.32

safe zone · safe above 5.85

Profitable on assets

ROA 3.3%

Cash generative

CFO PKR 3,893m

Returns improving

ROA 3.3% vs -0.1% a year ago

Earnings backed by cash

CFO PKR 3,893m vs profit PKR 2,187m

Deleveraging

debt/assets 0.21 vs 0.21

Liquidity improving

current ratio 2.32 vs 2.36

Margin expanding

gross margin 22.6% vs 17.3%

Assets working harder

asset turnover 1.15x vs 1.16x

No shareholder dilution

89m shares vs 89m

Altman components

Working capital / assets0.267
Retained earnings / assets0.183
Operating profit / assets0.067
Equity / liabilities0.255
Sales / assets1.129

Risk flags

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

thin traded volume, hard to exit

Price history

Weekly closes. Beta 0.77 against the index, annualised volatility 34%, RSI 35.

-63.9% 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.

QuarterRevenueGross profitOperatingNet incomeEPSFiled
2025 Q4Rs 18.6bnRs 3.8bnRs 956mRs 426m4.772026-04-30
2025 Q3Rs 19.4bnRs 4.6bnRs 1.3bnRs 640m7.162025-11-14
2025 Q2Rs 19.6bnRs 4.0bnRs 987mRs 469m5.242025-08-14
2025 Q1Rs 19.1bnRs 4.4bnRs 1.2bnRs 590m6.602025-05-15
2024 Q4Rs 17.8bnRs 4.1bnRs 1.1bnRs 488m5.462025-04-30
2024 Q3Rs 17.9bnRs 3.7bnRs 936mRs 267m2.982024-11-14
2024 Q2Rs 19.4bnRs 2.9bnRs 546mRs -133m-1.492024-08-14
2024 Q1Rs 19.8bnRs 3.6bnRs 825mRs 43m0.492024-05-15
2023 Q4Rs 19.3bnRs 3.0bnRs 588mRs -214m-2.392024-04-29
2023 Q3Rs 21.1bnRs 4.0bnRs 957mRs 51m0.582023-11-14
2023 Q2Rs 23.0bnRs 4.6bnRs 1.1bnRs 133m1.492023-08-14
2023 Q1Rs 23.2bnRs 3.8bnRs 794mRs -52m-0.582023-05-15

Ranked against Textile Composite

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

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.