BAFL Bank Alfalah Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 55.65 -0.22%
Annual · FY2006 – FY2025
Bank Alfalah Limited (BAFL) financial ratios
Bank Alfalah Limited earned a net margin of 15.6% in FY2025 against a five-year average of 21.0% (Commercial Banks median 22.2%). Return on equity was 14.6%, compared with a sector median of 17.0%.
FY2025 vs the Commercial Banks median
- Net margin
- 15.6%
- Sector median 22.2%
- Return on equity (ROE)
- 14.6%
- Sector median 17.0%
- Return on assets (ROA)
- 0.7%
- Sector median 1.2%
- Debt to equity
- 467.3%
- Sector median 253.4%
- Dividend payout ratio
- 56.6%
- Sector median 50.4%
Median of the 19 companies in the sector with the figure for their latest fiscal year.
| Rs mn | FY2025 * Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 * Jan – Dec 2023 | FY2022 * Jan – Dec 2022 | FY2021 * Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 * Jan – Dec 2019 | FY2018 * Jan – Dec 2018 | FY2017 * Jan – Dec 2017 | FY2016 * Jan – Dec 2016 | FY2015 Jan – Dec 2015 | FY2014 Jan – Dec 2014 | FY2013 Jan – Dec 2013 | FY2012 Jan – Dec 2012 | FY2011 Jan – Dec 2011 | FY2010 * Jan – Dec 2010 | FY2009 * Jan – Dec 2009 | FY2008 * Jan – Dec 2008 | FY2007 Jan – Dec 2007 | FY2006 Jan – Dec 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||||||||||||
| Pre-tax margin | 34.7% | 51.5% | 51.2% | 37.2% | 38.2% | 32.1% | 41.5% | 42.8% | 36.8% | 35.5% | 34.5% | 29.6% | 29.2% | 28.1% | 24.5% | 12.1% | 3.0% | 1.5% | 35.0% | 23.1% |
| Net margin | 15.6% | 24.1% | 23.5% | 18.7% | 23.1% | 18.9% | 23.6% | 25.9% | 22.0% | 21.1% | 20.5% | 19.6% | 20.1% | 18.9% | 15.8% | 13.0% | (4.3%) | 0.0% | 24.5% | 16.1% |
| Effective tax rate | 55.0% | 53.2% | 54.2% | 49.8% | 39.5% | 41.2% | 43.1% | 39.6% | 40.2% | 40.5% | 40.6% | 33.7% | 31.3% | 32.8% | 35.5% | (7.4%) | 245.2% | 98.7% | 29.9% | 30.5% |
| Returns | ||||||||||||||||||||
| Return on equity (ROE) | 14.6% | 24.8% | 30.2% | 18.1% | 14.9% | 11.9% | 15.7% | 15.3% | 13.1% | 13.8% | 15.2% | 14.7% | 15.1% | 16.3% | 14.8% | 10.4% | (3.3%) | 0.2% | 24.0% | 14.2% |
| Return on assets (ROA) | 0.7% | 1.1% | 1.3% | 0.9% | 0.9% | 0.9% | 1.3% | 1.1% | 0.9% | 0.9% | 0.9% | 0.8% | 0.8% | 0.9% | 0.8% | 0.6% | (0.2%) | 0.0% | 1.2% | 0.5% |
| Leverage | ||||||||||||||||||||
| Debt to equity | 467.3% | 676.7% | 697.0% | 551.8% | 419.3% | 383.2% | 158.7% | 223.3% | 349.3% | 328.1% | 355.1% | 171.8% | 133.7% | 118.2% | 130.2% | 119.2% | 147.6% | 119.2% | 166.1% | 124.5% |
| Debt to capital | 82.4% | 87.1% | 87.5% | 84.7% | 80.7% | 79.3% | 61.3% | 69.1% | 77.7% | 76.6% | 78.0% | 63.2% | 57.2% | 54.2% | 56.6% | 54.4% | 59.6% | 54.4% | 62.4% | 55.5% |
| Debt to assets | 24.4% | 33.0% | 29.1% | 25.0% | 24.6% | 25.6% | 13.3% | 17.1% | 23.3% | 21.5% | 21.3% | 10.4% | 7.0% | 6.6% | 7.2% | 6.3% | 8.2% | 5.8% | 8.7% | 5.3% |
| Assets to equity | 19.79× | 22.01× | 23.20× | 19.58× | 16.06× | 13.50× | 12.49× | 13.97× | 15.13× | 15.95× | 16.65× | 17.65× | 18.51× | 17.99× | 18.56× | 18.49× | 19.15× | 19.83× | 20.73× | 27.68× |
| Dividends | ||||||||||||||||||||
| Dividend payout ratio | 56.6% | 33.6% | 0.0% | 45.6% | 24.6% | 32.8% | 54.5% | 24.4% | 29.0% | 0.0% | 21.2% | 56.3% | 57.7% | 51.8% | 0.0% | 0.0% | — | 0.0% | 27.8% | 0.0% |
| Earnings retention rate | 0.43× | 0.66× | 1.00× | 0.54× | 0.75× | 0.67× | 0.46× | 0.76× | 0.71× | 1.00× | 0.79× | 0.44× | 0.42× | 0.48× | 1.00× | 1.00× | — | 1.00× | 0.72× | 1.00× |
Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.
BAFL: frequently asked questions
What is BAFL's EPS?
Bank Alfalah Limited reported basic earnings per share of Rs 8.81 for FY2025 (Jan – Dec 2025). Over the trailing twelve months (TTM to Jun 2026) EPS was Rs 10.74.
What is BAFL's P/E ratio?
At the closing price of Rs 55.65 on 16 Oct 2026, BAFL trades at a P/E of 5.2× based on EPS of Rs 10.74 (TTM to Jun 2026).
Does BAFL pay dividends?
Yes. Bank Alfalah Limited declared a dividend of Rs 5.25 per share for FY2025. It has paid a dividend in each of the last 9 years. At Rs 55.65 that is a dividend yield of 9.4%.
What was BAFL's total income and profit in FY2025?
Bank Alfalah Limited reported total income of Rs 178.6 bn and profit attributable to shareholders of Rs 27.8 bn for FY2025 (Jan – Dec 2025).
What is BAFL's book value per share?
Bank Alfalah Limited's book value per share was Rs 63.47 at the end of FY2025. The shares trade at 0.89× book value.
Information only, not investment advice.