Clover Pakistan Limited (CLOV) financial ratios

Clover Pakistan Limited earned a net margin of 6.9% in FY2025 against a five-year average of -76.3% (Food & Personal Care Products median 3.0%). Return on equity was 62.5%, compared with a sector median of 12.0%. The current ratio stood at 4.39× and debt was — of equity. Cash took about 36 days to cycle through receivables, inventory and payables.

FY2025 vs the Food & Personal Care Products median

Gross margin: 11.3%; Sector median 20.8%
Operating margin: 7.7%; Sector median 7.3%
Net margin: 6.9%; Sector median 3.0%
Return on equity (ROE): 62.5%; Sector median 12.0%
Return on assets (ROA): 51.6%; Sector median 4.5%
Current ratio: 4.39×; Sector median 1.21×
Asset turnover: 7.49×; Sector median 1.30×
Dividend payout ratio: 0.0%; Sector median 8.4%

Median of the 25 companies in the sector with the figure for their latest fiscal year.

CLOV financial ratios (annual) (Rs mn)
Rs mn	FY2025 * Jul 2024 – Jun 2025	FY2024 * Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 * Jul 2018 – Jun 2019	FY2018 * Jul 2017 – Jun 2018	FY2017 * Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 * Jul 2010 – Jun 2011	FY2010 * Jul 2009 – Jun 2010	FY2009 * Jul 2008 – Jun 2009	FY2008 * Jul 2007 – Jun 2008	FY2007 * Jul 2006 – Jun 2007	FY2006 Jul 2005 – Jun 2006
Profitability
Gross margin	11.3%	13.7%	(13.8%)	9.3%	(6.4%)	21.5%	36.5%	20.1%	18.9%	(6.2%)	25.1%	32.2%	33.5%	36.0%	38.4%	21.1%	24.7%	30.4%	40.7%	41.4%
EBITDA margin	7.8%	11.2%	(118.2%)	(104.6%)	(46.5%)	(7.1%)	26.1%	21.9%	523.4%	207.2%	(82.7%)	(11.5%)	(54.8%)	(179.1%)	(20.5%)	4.0%	3.8%	13.3%	16.9%	16.9%
Operating margin	7.7%	11.0%	(125.0%)	(113.6%)	(48.7%)	(8.9%)	25.4%	21.9%	521.5%	206.6%	(83.8%)	(13.2%)	(58.6%)	(201.9%)	(68.4%)	3.0%	2.5%	12.6%	15.7%	15.8%
Pre-tax margin	5.8%	10.2%	(117.8%)	(112.2%)	(151.5%)	(38.7%)	25.1%	21.2%	572.3%	203.1%	93.7%	124.4%	220.2%	2,547.8%	(67.3%)	2.6%	1.4%	13.1%	14.5%	16.7%
Net margin	6.9%	10.6%	(119.9%)	(117.6%)	(161.6%)	(39.4%)	20.3%	15.0%	55.3%	131.0%	69.4%	107.7%	210.9%	2,567.0%	(73.9%)	1.2%	0.4%	8.9%	9.6%	10.8%
Effective tax rate	(18.0%)	(3.6%)	—	—	—	—	19.0%	29.0%	90.3%	35.5%	25.9%	13.4%	4.2%	(0.8%)	—	52.8%	72.7%	31.7%	34.0%	35.7%
Returns
Return on equity (ROE)	62.5%	105.5%	(58.5%)	(51.7%)	(106.2%)	(16.3%)	41.2%	12.7%	0.2%	3.1%	2.7%	5.3%	6.8%	87.8%	(4.1%)	4.2%	1.1%	27.8%	30.5%	34.5%
Return on assets (ROA)	51.6%	85.3%	(44.7%)	(43.7%)	(95.0%)	(14.8%)	35.0%	9.7%	0.2%	3.1%	2.7%	5.2%	5.9%	58.4%	(2.0%)	2.0%	0.6%	16.1%	16.7%	20.0%
Return on invested capital (ROIC)	62.7%	105.5%	—	—	—	—	41.5%	13.1%	0.2%	3.2%	2.7%	5.3%	7.2%	81.1%	—	4.5%	1.8%	28.1%	30.9%	34.9%
Liquidity
Current ratio	4.39×	5.65×	3.11×	4.69×	7.32×	6.27×	5.48×	2.79×	38.36×	33.87×	138.52×	114.46×	42.33×	4.88×	1.84×	1.72×	1.70×	2.25×	2.02×	1.98×
Quick ratio	2.02×	4.49×	2.48×	2.30×	3.65×	2.33×	4.70×	—	38.36×	33.87×	136.46×	110.99×	40.96×	4.69×	1.18×	1.15×	1.06×	1.38×	1.61×	1.46×
Leverage
Debt to equity	—	—	—	—	—	0.0%	—	—	—	—	—	—	—	—	—	—	—	—	0.0%	0.1%
Debt to capital	—	—	—	—	—	0.0%	—	—	—	—	—	—	—	—	—	—	—	—	0.0%	0.1%
Debt to assets	—	—	—	—	—	0.0%	—	—	—	—	—	—	—	—	—	—	—	—	0.0%	0.1%
Assets to equity	1.21×	1.24×	1.31×	1.18×	1.12×	1.11×	1.18×	1.31×	1.03×	1.01×	1.01×	1.02×	1.15×	1.50×	2.06×	2.05×	1.84×	1.73×	1.82×	1.72×
Efficiency
Asset turnover	7.49×	8.04×	0.37×	0.37×	0.59×	0.38×	1.72×	0.65×	0.00×	0.02×	0.04×	0.05×	0.03×	0.02×	0.03×	1.67×	1.53×	1.80×	1.75×	1.86×
Receivable days days	21	31	511	423	145	257	78	222	32,227	2,094	969	861	2,256	3,604	3,356	53	49	26	18	16
Inventory days days	19	9	314	508	219	244	—	—	—	172	288	343	689	3,938	6,884	84	103	76	71	74
Payable days days	5	6	133	137	52	101	35	92	3,855	95	25	54	242	1,704	3,325	53	58	40	61	49
Cash conversion cycle days	36	34	691	795	312	400	43	130	28,362	2,170	1,232	1,150	2,702	5,834	6,906	83	95	62	28	41
Dividends
Dividend payout ratio	0.0%	0.0%	—	—	—	—	29.6%	0.0%	2,850.3%	3,925.0%	112.0%	284.8%	95.0%	16.6%	—	93.8%	708.4%	28.4%	33.7%	44.0%
Earnings retention rate	1.00×	1.00×	—	—	—	—	0.70×	1.00×	(27.50×)	(38.25×)	(0.12×)	(1.85×)	0.05×	0.83×	—	0.06×	(6.08×)	0.72×	0.66×	0.56×

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.

CLOV: frequently asked questions

What is CLOV's EPS?

Clover Pakistan Limited reported basic earnings per share of Rs 0.57 for FY2025 (Jul 2024 – Jun 2025).

What is CLOV's P/E ratio?

At the closing price of Rs 5.79 on 16 Oct 2026, CLOV trades at a P/E of 10.2× based on EPS of Rs 0.57 (FY2025).

Does CLOV pay dividends?

Clover Pakistan Limited did not declare a cash dividend for FY2025.

What was CLOV's revenue and profit in FY2025?

Clover Pakistan Limited reported revenue of Rs 3.7 bn and profit attributable to shareholders of Rs 253.4 mn for FY2025 (Jul 2024 – Jun 2025).

What is CLOV's book value per share?

Clover Pakistan Limited's book value per share was Rs 1.19 at the end of FY2025. The shares trade at 4.87× book value.

Information only, not investment advice.