Millat Tractors Limited engages in assembling, manufacture, and sale of agricultural tractors, implements, forklifts, generators, and multi-application products in Pakistan and internationally. The company operates through two segments: Tractors and Castings. It also provides industrial and commercial products, including forklift trucks, diesel generators, prime movers, and skid steer trucks; and agricultural implements, such as fodder harvester machine, grass head, choppers, laser land levelers, baller MF, chisel plough, mould board ploughs, d... [
MTL — Millat Tractors Limited
Sector: Automobile Assembler · Pakistan Stock Exchange
⚠ Prices: 6 Nov 2026 — PSX end-of-day close (feed fetched 23:14 PKT) · Fundamentals: public data collected 6 Nov 2026 · Not live prices.Summary — MTL
| Measure | Value |
|---|---|
| Price (Rs, 6 Nov — PSX delayed feed) | 292.30 |
| Change, 6 Nov session (delayed) | +0.29% |
| Volume (shares, 6 Nov session) | 67,215 |
| Market capitalisation | Rs 116.64 bn |
| Revenue (TTM) | Rs 67.56 bn |
| Price / Earnings (P/E) | 14.10 |
| Price / Book (P/B) | 10.90 |
| Dividend yield | 7.50% |
| Return on equity (ROE) | 83.60% |
| Net margin | 12.60% |
| Debt / Equity (as reported by source) | 112.20% |
| Revenue growth, 3-year | 10.90% |
Company Snapshot
| Paid-up Capital | Rs 1,995.16 mn |
| Authorized Capital | Rs 5,300.00 mn |
| Shares Outstanding | 399.03 mn |
| Free Float | 179.56 mn |
| Free Float % | 45.00 % |
| Face Value | Rs 5.00 |
| Fiscal Year End | June |
| Avg Volume (12M) | 204,642 |
| Book Value / Share | Rs. 27.27 (Upto 2026 4Q) |
| Total Book Value (computed) | Rs 10.88 bn |
Capital data: SCSTRADE company snapshot, collected 6 Nov 2026. Total Book Value is computed on this page as Book Value / Share × Shares Outstanding.
PSX Scorecard — five checks on this stock's own data
VALUE
1.5/6
FUTURENo forecast data
PAST
5/6
HEALTH
4.5/6
DIVIDEND
4/6
Strongest: Past performance (5/6). Weakest: Value (1.5/6).
How this is scored
Scores are computed mechanically from the data on this page, 0–6 per axis, scaled over the checks that could be run — an axis with no data is labelled, never scored zero for missing data. VALUE: upside to the average analyst target (bands from +30% down), P/E and P/B below the sector median, yield above the sector median. FUTURE: S&P consensus forward EPS and revenue growth bands (only where estimates exist). PAST: revenue and EPS growth across the published financial history, latest year profitable, ROE bands. HEALTH: debt/equity bands, positive latest net margin, no loss-making year in the history. DIVIDEND: yield bands, years of recorded DPS, DPS trend, and payout (DPS ÷ EPS) at or under 100%. The full rule table is in the site's data inventory. Scores are a data summary, not a recommendation.
Performance — MTL
1W+2.5%
1M-1.4%
3M-6.1%
6M-45.2%
1Y-44.5%
Returns computed from daily closes to 05 Nov 2026 (Yahoo Finance PSX series, collected 6 Nov 2026); each bar is scaled to the largest move shown.
52-week range — daily-close series
52-week lowRs 273.22Now Rs 292.30
+7.0% above low · −49.3% below high52-week highRs 576.58
+7.0% above low · −49.3% below high52-week highRs 576.58
Day range — 6 Nov 2026 session
Day lowRs 289.45Close Rs 292.30Day highRs 294.94
Day high/low from the official PSX market-summary feed for the 6 Nov 2026 session.
Investment Case — MTL
Strengths — from the numbers
- Revenue grew +16.8% across the published history, FY2022–FY2026 (Rs 55,010m → Rs 64,238m).
- Earnings per share grew +42.3% across the published history, FY2022–FY2026 (Rs 13.99 → Rs 19.91).
- Net margin improved to 12.37% in FY2026, from 9.75% in FY2022.
- Return on equity of 83.60% on the dataset's trailing figures.
- Dividends recorded in every one of the 5 years in the published record; latest DPS Rs 21.00 (2026), a dividend yield of 7.50% at the current price.
Risks / watch points — from the numbers
- Dividend of Rs 21.00 exceeded latest-year EPS of Rs 19.91 — payout above 100% (105% of FY2026 earnings).
- Share price is down -44.5% over the past year on the chart series (2025-11-06 → 2026-11-05).
Recent performance — FY2026
| Revenue | Rs 64,238m (+20.4% vs FY2025) |
| Net income | Rs 7,945m (+25.0% vs FY2025) |
| EPS | Rs 19.91 (+25.0% vs FY2025) |
| Net margin | 12.37% |
Latest published fiscal year from the financial history below (StockAnalysis figures, collected 6 Nov 2026).
Generated from the figures above — PSX Analysis data summary, not investment advice.
Upcoming Result — Broker Forecasts
| House | Result period | Expected EPS | Expected dividend / share | Expected profit | Preview date |
|---|---|---|---|---|---|
| Intermarket Securities | 1QFY27 | Rs 2.50 | none expected | — | 15 Oct 2026 |
Source: Pakistan Market: IMS Universe Earnings Previews - Jul-Sep 2026. Collected 6 Nov 2026.
Expected Dividend — Broker Estimate
| House | Expected dividend / share | Expected yield |
|---|---|---|
| SCSTRADE (Standard Capital Securities) | Rs 21.00 | 7.18% |
House's published expected dividend, Upto 2027 1Q — SCSTRADE company snapshot, collected 7 Nov 2026.
Forecasts are the publishing houses' own estimates — not actual results and not PSX Analysis estimates.
Quotes — MTL
| Quote | Value |
|---|---|
| Last price (Rs) | 292.30 |
| Change, 6 Nov session | +0.29% |
| Day open, 6 Nov (Rs) | 294.94 |
| Day high, 6 Nov (Rs) | 294.94 |
| Day low, 6 Nov (Rs) | 289.45 |
| Previous close — LDCP (Rs) | 291.45 |
| Volume (shares, 6 Nov session) | 67,215 |
| Market capitalisation | Rs 116.64 bn |
| 1-year high (chart series, Rs) | 576.58 |
| 1-year low (chart series, Rs) | 273.22 |
| 1-year change (chart series) | -44.5% |
Day open/high/low and previous close (LDCP) are from the official PSX market-summary feed for the 6 Nov 2026 session, the same feed that supplies the closing price. 1-year figures are computed from the daily-close chart series below.
Last 10 trading sessions
| Date | Close (Rs) | Change |
|---|---|---|
| 05 Nov 2026 | 291.45 | +2.01% |
| 04 Nov 2026 | 285.72 | +1.96% |
| 03 Nov 2026 | 280.23 | -0.17% |
| 02 Nov 2026 | 280.71 | +0.22% |
| 30 Oct 2026 | 280.10 | -1.49% |
| 29 Oct 2026 | 284.35 | +0.48% |
| 28 Oct 2026 | 282.99 | +0.77% |
| 27 Oct 2026 | 280.82 | +0.20% |
| 26 Oct 2026 | 280.27 | +0.29% |
| 23 Oct 2026 | 279.46 | -1.55% |
Daily closes: Yahoo Finance PSX series, collected 6 Nov 2026. The series records closes only, so no volume column is shown.
Technical Chart — MTL
Loading chart…
Daily candles — Yahoo Finance daily data to 6 Nov 2026 · End-of-day, delayed — not real-time prices.
2024-11-06 → 2026-11-06 · -48.7% over the period · 514 trading days · Moving averages, RSI and MACD are computed in your browser from the same daily bars. Trend lines connect the two most recent swing highs/lows.
1-year returns compared
| 1-year price change | Change |
|---|---|
| MTL (this stock) | -44.5% |
| Sector median — Automobile Assembler (median of 9 stocks in our dataset) | -21.1% |
| All listed stocks median (median of 440 stocks in our dataset) | -6.2% |
Price change only (dividends not included), from the daily-close series above.
Technicals — MTL
Moving averages
| Average | Value (Rs) | Price vs average |
|---|---|---|
| MA20 — 20-session average | 288.91 | Price Above |
| MA50 — 50-session average | 295.76 | Price Below |
| MA200 — 200-session average | 392.42 | Price Below |
RSI (14) — 52.7 · Neutral
030 — oversold below70 — overbought above100
Wilder RSI(14) computed from the daily-close series. RSI is a momentum gauge, not a buy or sell signal.
Classic pivot levels — from the 6 Nov session
| Level | Rs |
|---|---|
| Resistance 2 (R2) | 297.72 |
| Resistance 1 (R1) | 295.01 |
| Pivot point (PP) | 292.23 |
| Support 1 (S1) | 289.52 |
| Support 2 (S2) | 286.74 |
Classic pivots from the 6 Nov 2026 session's high (Rs 294.94), low (Rs 289.45) and close (Rs 292.30) in the official PSX feed. The close sits above the pivot point.
Signals summary
| Reading | Status |
|---|---|
| Price vs MA20 | Above |
| Price vs MA50 | Below |
| Price vs MA200 | Below |
| RSI (14) zone | Neutral (52.7) |
| MACD vs signal line | Above |
| Short-term trend (MA20 vs MA50) | Down |
| Medium-term trend (MA50 vs MA200) | Down |
| Long-term trend (price vs MA200) | Down |
Trend labels compare the named averages (long-term compares the price with MA200); “Up” means the first-named sits above the second. Mechanical readings from daily closes — not investment advice.
Technicals are mechanical calculations on past prices. Based on daily closes to 05 Nov 2026. They describe momentum and recent trading ranges only — not investment advice.
Company — MTL
| Company | Millat Tractors Limited |
| Symbol | MTL |
| Sector | Automobile Assembler |
| Market capitalisation | Rs 116.64 bn |
| Revenue (TTM) | Rs 67.56 bn |
Founded 1964 · Employees 640 — as published by StockAnalysis.
Company description: StockAnalysis company profile, collected 6 Nov 2026.
Exchange record: PSX company profile for MTL (Pakistan Stock Exchange data portal).
Financials — MTL
Revenue (TTM)
Rs 67,563m
Rs 67,563m
Net income (TTM)
Rs 8,276m
Rs 8,276m
EPS (TTM)
Rs 20.63
Rs 20.63
Net margin (TTM)
12.25%
12.25%
P/E
14.10
14.10
P/B
10.90
10.90
Dividend yield
7.50%
7.50%
ROE
83.60%
83.60%
Net margin
12.60%
12.60%
Debt / Equity
112.20%
112.20%
| Measure | FY2022 | FY2023 | FY2024 | FY2025 | FY2026 |
|---|---|---|---|---|---|
| Revenue (Rs m) | 55,010 | 47,139 | 95,021 | 53,348 | 64,238 |
| Operating income (Rs m) | 9,581 | 7,717 | 18,900 | 9,929 | 15,933 |
| Net income (Rs m) | 5,365 | 3,293 | 10,300 | 6,358 | 7,945 |
| EPS (Rs) | 13.99 | 8.59 | 26.32 | 15.93 | 19.91 |
| Net margin | 9.75% | 6.99% | 10.84% | 11.92% | 12.37% |
Trailing twelve months (to Sep 30, 2026, not a completed fiscal year): Revenue Rs 67,563m · Net income Rs 8,276m · EPS Rs 20.63 · Net margin 12.25%.
Source: StockAnalysis financials, collected 6 Nov 2026 — this stock's published history here spans FY2022–FY2026 (5 fiscal years; the source table publishes a maximum of five completed years per stock). A dash means the source did not publish that figure for that year.
Dividend History
| Dividend per share (Rs, per fiscal year) | 2022 | 2023 | 2024 | 2025 | 2026 |
|---|---|---|---|---|---|
| DPS | 16.414 | 10.53 | 12.5 | 30 | 21 |
A dash means no dividend was recorded for that year in the source. Source: StockAnalysis dividend history, collected 6 Nov 2026.
All recorded dividend payments
Payments recorded since 2021 — StockAnalysis, collected 7 Nov 2026.
| Ex-dividend date | Dividend (Rs) | Pay date |
|---|---|---|
| Oct 19, 2026 | 11.000 | Nov 4, 2026 |
| Mar 3, 2026 | 10.000 | Mar 12, 2026 |
| Oct 15, 2025 | 7.500 | Nov 5, 2025 |
| Mar 3, 2025 | 22.500 | Mar 17, 2025 |
| Mar 8, 2024 | 12.500 | Mar 20, 2024 |
| Oct 18, 2023 | 7.500 | Nov 6, 2023 |
| Mar 2, 2023 | 3.333 | Mar 14, 2023 |
| Oct 19, 2022 | 6.061 | Nov 8, 2022 |
| Mar 7, 2022 | 9.470 | Mar 18, 2022 |
| Oct 21, 2021 | 8.768 | Nov 4, 2021 |
Payout ratio, FY2026: dividend per share Rs 21.00 ÷ EPS Rs 19.91 = 105.5% of earnings paid out as dividends.
Valuation & Fair Value — MTL
Fair P/E Value — sector multiple
Rs 144.41
Current price Rs 292.30 · -50.6%
Formula: sector median P/E 7.00× × EPS Rs 20.63 = Rs 144.41. Sector median across 9 Automobile Assembler peers with a published P/E — the same basis as the median table below. EPS is the trailing-twelve-month (TTM) figure published in the dataset.
Fair P/B Value — sector multiple
Rs 46.36
Current price Rs 292.30 · -84.1%
Formula: sector median P/B 1.70× × book value per share Rs 27.27 = Rs 46.36. Sector median across 9 Automobile Assembler peers with a published P/B — the same basis as the median table below. Book value per share from the SCSTRADE company snapshot (Upto 2026 4Q), collected 6 Nov 2026.
0 of 2 measures above the current price. Each measure stands on its own stated basis — they are deliberately not blended into a single fair value. Mechanical estimates computed from published data; not investment advice.
| Measure | MTL | Sector median |
|---|---|---|
| Price / Earnings (P/E) | 14.10 | 7.00 |
| Price / Book (P/B) | 10.90 | 1.70 |
| Dividend yield | 7.50% | 4.10% |
| Return on equity (ROE) | 83.60% | 36.20% |
Sector median across 10 listed peers in our dataset (sector: Automobile Assembler), computed only from peers where the measure is published; a median is shown only when at least 5 peers have the measure.
Calendar — MTL
| Ex-dividend date | Dividend (Rs) | Pay date | Status |
|---|---|---|---|
| Oct 19, 2026 | 11.000 | Nov 4, 2026 | Paid |
| Mar 3, 2026 | 10.000 | Mar 12, 2026 | Paid |
| Oct 15, 2025 | 7.500 | Nov 5, 2025 | Paid |
| Mar 3, 2025 | 22.500 | Mar 17, 2025 | Paid |
| Mar 8, 2024 | 12.500 | Mar 20, 2024 | Paid |
| Oct 18, 2023 | 7.500 | Nov 6, 2023 | Paid |
| Mar 2, 2023 | 3.333 | Mar 14, 2023 | Paid |
| Oct 19, 2022 | 6.061 | Nov 8, 2022 | Paid |
Dividend dates as recorded by StockAnalysis (collected 6 Nov 2026); past payments are labelled Paid. Market-closed days that affect settlement: PSX Holidays 2026 · more yields and payers on the dividend hub.
Sector — MTL
MTL ranks #3 by market capitalisation among the 10 listed Automobile Assembler stocks in our dataset. Full sector tables: Sectors.
FAQ — MTL
What is the current MTL share price?
Millat Tractors Limited (MTL) last traded at Rs 292.30 in the 6 Nov 2026 session, +0.29% on the day. Prices on this page are the PSX end-of-day close from the official delayed feed, not live prices.
What is MTL's 52-week range?
Across the daily-close series (2025-11-06 to 2026-11-05), MTL traded between Rs 273.22 and Rs 576.58. The latest close in the series was Rs 291.45.
Which PSX sector is MTL in?
Millat Tractors Limited (MTL) is classified in the Automobile Assembler sector on the Pakistan Stock Exchange.
What is the latest MTL dividend?
Total dividend per share for fiscal 2026 was Rs 21.00; the most recent recorded payment is Rs 11.00 per share (ex-date Oct 19, 2026, pay date Nov 4, 2026). Dividend history as recorded by StockAnalysis, collected 6 Nov 2026.
What are MTL's P/E ratio and dividend yield?
Millat Tractors Limited (MTL) shows a P/E ratio of 14.10 and a dividend yield of 7.50% in the public data collected 6 Nov 2026.
Answers are generated from this page's own figures (public data collected 6 Nov 2026; prices are the 6 Nov 2026 PSX end-of-day close, not live).
Millat Tractors Limited (MTL) is classified in the Automobile Assembler sector on the Pakistan Stock Exchange.
Every figure above comes from public listings collected on 6 November 2026 (StockAnalysis and SmartMoney, merged by symbol), with the price, change and volume refreshed on 6 Nov 2026 from the official PSX delayed market feed (end-of-day close, fetched 23:14 PKT) — delayed figures, not live prices. If this stock was absent from that feed, its price is the previous latest close. A dash means the measure was not published for this stock by the sources, not that it is zero. Compare MTL with the market's largest shares in the Top 250 screener, browse the whole market in Stocks A–Z, and read the ratios explainer in Learn.
This page is a data summary for education, not a recommendation to buy or sell MTL.