Habib Sugar Mills Limited (HABSM) financial ratios

Habib Sugar Mills Limited earned a net margin of 7.2% in FY2025 against a five-year average of 9.9% (Sugar & Allied Industries median 0.6%). Return on equity was 10.2%, compared with a sector median of 2.0%. The current ratio stood at 2.66× and debt was 3.6% of equity. Cash took about 53 days to cycle through receivables, inventory and payables.

FY2025 vs the Sugar & Allied Industries median

Gross margin: 13.7%; Sector median 9.9%
Operating margin: 8.5%; Sector median 6.4%
Net margin: 7.2%; Sector median 0.6%
Return on equity (ROE): 10.2%; Sector median 2.0%
Return on assets (ROA): 7.2%; Sector median 0.6%
Current ratio: 2.66×; Sector median 0.93×
Debt to equity: 3.6%; Sector median 60.7%
Asset turnover: 1.00×; Sector median 1.01×
Dividend payout ratio: 52.1%; Sector median 0.0%

Median of the 28 companies in the sector with the figure for their latest fiscal year.

HABSM financial ratios (annual) (Rs mn)
Rs mn	FY2025 Oct 2024 – Sep 2025	FY2024 Oct 2023 – Sep 2024	FY2023 Oct 2022 – Sep 2023	FY2022 Oct 2021 – Sep 2022	FY2021 Oct 2020 – Sep 2021	FY2020 Oct 2019 – Sep 2020	FY2019 Oct 2018 – Sep 2019	FY2018 Oct 2017 – Sep 2018	FY2017 Oct 2016 – Sep 2017	FY2016 Oct 2015 – Sep 2016	FY2015 Oct 2014 – Sep 2015	FY2014 Oct 2013 – Sep 2014	FY2013 Oct 2012 – Sep 2013	FY2012 Oct 2011 – Sep 2012	FY2011 Oct 2010 – Sep 2011	FY2010 * Oct 2009 – Sep 2010	FY2009 * Oct 2008 – Sep 2009	FY2008 Oct 2007 – Sep 2008	FY2007 Oct 2006 – Sep 2007	FY2006 Oct 2005 – Sep 2006
Profitability
Gross margin	13.7%	12.2%	19.7%	17.0%	13.7%	10.8%	15.1%	16.4%	8.3%	11.9%	11.9%	11.8%	13.7%	17.6%	17.0%	16.2%	18.8%	17.6%	13.0%	10.4%
EBITDA margin	9.4%	8.5%	14.6%	11.8%	10.9%	6.6%	12.1%	13.4%	5.8%	9.6%	8.6%	8.6%	9.8%	13.5%	13.6%	12.9%	14.7%	13.1%	9.2%	8.1%
Operating margin	8.5%	7.5%	13.4%	10.0%	8.4%	4.1%	9.5%	10.1%	3.2%	7.8%	7.1%	7.4%	8.9%	12.4%	12.5%	11.5%	13.0%	11.5%	7.0%	6.5%
Pre-tax margin	12.6%	12.0%	16.3%	12.5%	12.1%	8.1%	13.5%	12.3%	7.0%	11.4%	11.8%	10.2%	10.6%	13.8%	14.1%	12.8%	14.3%	12.1%	9.0%	6.5%
Net margin	7.2%	9.5%	12.7%	9.9%	10.0%	7.0%	12.1%	11.5%	7.8%	9.7%	9.9%	8.8%	8.8%	11.0%	10.1%	9.3%	10.9%	9.7%	7.6%	6.2%
Effective tax rate	43.1%	20.9%	22.2%	20.6%	17.5%	13.5%	10.5%	6.0%	(12.1%)	15.0%	16.0%	13.6%	16.6%	20.4%	28.1%	27.6%	23.5%	19.9%	15.6%	4.6%
Returns
Return on equity (ROE)	10.2%	16.0%	24.4%	13.7%	11.1%	8.5%	14.8%	11.9%	8.2%	13.3%	14.4%	15.8%	17.9%	20.6%	23.7%	20.7%	22.3%	20.1%	12.2%	18.0%
Return on assets (ROA)	7.2%	10.4%	16.3%	10.2%	8.6%	6.5%	11.3%	9.1%	6.3%	10.0%	11.0%	12.4%	14.0%	16.8%	20.3%	15.2%	14.0%	12.8%	8.1%	11.3%
Return on invested capital (ROIC)	10.2%	17.0%	25.5%	15.1%	11.5%	9.0%	15.4%	12.2%	9.0%	13.9%	15.6%	16.7%	18.7%	21.6%	24.5%	20.9%	17.2%	14.6%	10.8%	17.3%
Liquidity
Current ratio	2.66×	2.21×	2.20×	2.34×	2.71×	2.42×	2.28×	2.14×	1.95×	2.23×	2.42×	2.89×	3.34×	2.19×	5.48×	3.84×	1.90×	1.62×	1.62×	1.52×
Quick ratio	2.20×	1.32×	1.49×	0.97×	1.84×	1.98×	1.51×	0.85×	1.08×	1.97×	1.98×	2.17×	2.66×	1.32×	3.91×	3.07×	1.69×	1.21×	1.11×	0.88×
Leverage
Debt to equity	3.6%	7.0%	10.3%	0.2%	0.2%	0.2%	—	—	—	—	—	—	—	—	—	0.0%	17.4%	22.9%	24.7%	21.6%
Debt to capital	3.5%	6.6%	9.3%	0.2%	0.2%	0.2%	—	—	—	—	—	—	—	—	—	0.0%	14.8%	18.6%	19.8%	17.7%
Debt to assets	2.7%	4.6%	6.6%	0.1%	0.1%	0.2%	—	—	—	—	—	—	—	—	—	0.0%	11.2%	13.9%	16.6%	14.1%
Assets to equity	1.42×	1.54×	1.50×	1.35×	1.28×	1.31×	1.31×	1.30×	1.31×	1.33×	1.31×	1.28×	1.28×	1.23×	1.17×	1.37×	1.60×	1.57×	1.51×	1.59×
Efficiency
Asset turnover	1.00×	1.09×	1.28×	1.03×	0.86×	0.93×	0.93×	0.79×	0.80×	1.03×	1.10×	1.41×	1.58×	1.53×	2.00×	1.63×	1.28×	1.33×	1.06×	1.82×
Receivable days days	31	27	17	14	25	40	48	58	42	16	24	19	15	16	10	22	52	48	40	26
Inventory days days	80	102	110	125	68	62	108	133	64	33	48	42	43	51	31	24	38	51	70	56
Payable days days	58	61	55	63	82	81	76	81	84	71	53	33	22	14	12	30	55	45	41	29
Cash conversion cycle days	53	68	71	77	10	21	80	110	22	(22)	18	29	36	54	29	16	34	54	70	53
Dividends
Dividend payout ratio	52.1%	41.3%	20.7%	34.9%	41.7%	58.3%	34.5%	29.3%	74.0%	45.5%	46.0%	47.0%	48.1%	48.0%	49.7%	27.3%	33.5%	22.3%	26.6%	17.4%
Earnings retention rate	0.48×	0.59×	0.79×	0.65×	0.58×	0.42×	0.66×	0.71×	0.26×	0.55×	0.54×	0.53×	0.52×	0.52×	0.50×	0.73×	0.66×	0.78×	0.73×	0.83×

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.

HABSM: frequently asked questions

What is HABSM's EPS?

Habib Sugar Mills Limited reported basic earnings per share of Rs 11.52 for FY2025 (Oct 2024 – Sep 2025). Over the trailing twelve months (TTM to Jun 2026) EPS was Rs 14.06.

What is HABSM's P/E ratio?

At the closing price of Rs 79.00 on 16 Oct 2026, HABSM trades at a P/E of 5.6× based on EPS of Rs 14.06 (TTM to Jun 2026).

Does HABSM pay dividends?

Yes. Habib Sugar Mills Limited declared a dividend of Rs 6.00 per share for FY2025. It has paid a dividend in each of the last 20 years. At Rs 79.00 that is a dividend yield of 7.6%.

What was HABSM's revenue and profit in FY2025?

Habib Sugar Mills Limited reported revenue of Rs 21.7 bn and profit attributable to shareholders of Rs 1.6 bn for FY2025 (Oct 2024 – Sep 2025).

What is HABSM's book value per share?

Habib Sugar Mills Limited's book value per share was Rs 129.21 at the end of FY2025. The shares trade at 0.62× book value.

Information only, not investment advice.