Financial Highlights

Five Years at a Glance

FINANCIAL 2020-21 2019-20 2018-19 2017-18 2016-17
Revenue (Rupees in million) 87,294.48 88,529.75 72,000.53 48,472.99 33,824.82
Government levies (Rupees in million) 63,067.73 78,287.21 77,045.51 70,409.10 74,298.34
Net Sales (Rupees in million) 73,018.27 72,026.37 59,457.12 40,722.70 28,242.92
Profit before taxation (Rupees in million) 43,931.36 41,279.45 34,708.33 20,291.54 11,149.46
Profit for the year (Rupees in million) 31,444.91 30,312.87 24,327.09 15,374.34 9,136.19
Issued, subscribed and paid up capital (Rupees in million) 1,334.03 1,334.03 1,212.75 1,102.50 1,102.50
Reserves (Rupees in million) 114,199.54 91,815.08 62,393.98 39,089.24 24,435.17

Performance Indicators

PROFITABILITY RATIOS 2020-21 2019-20 2018-19 2017-18 2016-17
Net profit to net sales (%) 43.06 42.09 40.92 37.75 32.35
EBITDA margin to net sales (%) 67.76 63.87 64.83 60.03 49.65
Operating leverage (Times) 5.89 0.85 1.51 1.70 2.26
Return on equity / shareholders’ funds (%) 30.14 38.68 46.87 46.78 42.99
Return on capital employed (%) 30.14 38.68 46.87 44.06 39.15
Equity / Shareholders’ funds (Rs in billion)  115.53  93.15  63.61  40.19  25.54
LIQUIDITY RATIOS 2020-21 2019-20 2018-19 2017-18 2016-17
Current ratio (Times) 3.61 3.71 2.98 2.77 1.92
Quick / acid test ratio (Times) 3.36 3.15 2.60 2.56 1.75
Cash to current liabilities (Times) 2.05 2.22 1.45 1.51 0.72
Cash flow from operations to net sales (Times) 0.41 0.44 0.34 0.50 0.25
ACTIVITY / TURNOVER RATIOS 2020-21 2019-20 2018-19 2017-18 2016-17
Debtor turnover (Times) 3.22 3.65 4.37 5.44 5.78
No. of days in receivables (Days) 113 100 83 67 63
Total assets turnover (Times)  0.53  0.66  0.79  0.77  0.68
Fixed assets turnover (Times)  1.44  1.91  1.88  1.51  1.13
INVESTMENT / MARKET RATIOS 2020-21 2019-20 2018-19 2017-18 2016-17
Earnings per share (EPS) – basic and diluted (Rupees) 235.71 227.23 182.36 115.25 68.49
Price earnings (Times) 6.47 5.44 5.53 13.07 23.01
Price to book ratio (Times) 1.76 1.77 1.92 4.13 6.80
Dividend Yield (%) 9.25* 0.49 0.59 0.40 0.33
Dividend payout (%) 59.82* 2.68 3.29 5.21 7.59
Dividend cover (Times) 1.67* 37.25 30.39 19.21 13.17
Dividend per share (Rupees) 141.00* 6.10 6.00 6.00 5.20
Stock dividend per share (%) 10 10
 Market value per share at the end of year (Rupees)  1,524.39  1,236.65  1,009.33  1,506.18  1,575.64
Breakup value per share (Rupees) 866.05 698.26 524.48 364.55 231.63
Market capitalization – year end price (Rupees in billion) 203.36 164.97 122.41 166.06 173.71
CAPITAL STRUCTURE RATIOS 2020-21 2019-20 2018-19 2017-18 2016-17
Debt : Equity ratio (as per book value) (%) 00 : 100 00 : 100 00 : 100 00 : 100 14.04 : 85.96
Debt : Equity ratio (as per market value) (%) 00 : 100 00 : 100 00 : 100 00 : 100 2.35 : 97.65
Weighted average cost of debt (%)  6.09  6.00
Weighted average cost of capital (%) 14.19 13.59 16.82 13.29 16.6

* This includes final dividend of 750% for the year ended June 30, 2021 proposed by the Board of Directors for approval of members in the Annual General Meeting to be held on October 26, 2021.

THE COMPANY

Being one of the largest petroleum exploration and production companies in Pakistan, we visualize the earth as something beautiful and mysterious, for it has so many secrets to reveal.

Intro Video

CONTACT US

21, Mauve Area, 3rd Road,
G-10/4, Islamabad, Pakistan
+92-51-111-410-410,
+92-51-2359900
+92-51-8020200
+92-51-2352859
Contact Information for investor related queries / grievances:
Mr. Muhammad Sajjad (Manager Corporate Affairs)
Tel: +92-51-111-410-410 (Ext. 483), Email: Muhammad.Sajjad@mpcl.com.pk