MACFL MACPAC Films Limited

MACPAC Films Limited (MACFL) financial ratios

MACPAC Films Limited earned a net margin of 1.9% in FY2026 against a five-year average of 3.9% (Paper, Board & Packaging median 3.6%). Return on equity was 5.7%, compared with a sector median of 5.5%. The current ratio stood at 1.10× and debt was 52.1% of equity. Cash took about 47 days to cycle through receivables, inventory and payables.

FY2026 vs the Paper, Board & Packaging median

Gross margin: 14.1%; Sector median 14.1%
Operating margin: 3.8%; Sector median 9.6%
Net margin: 1.9%; Sector median 3.6%
Return on equity (ROE): 5.7%; Sector median 5.5%
Return on assets (ROA): 2.3%; Sector median 2.5%
Current ratio: 1.10×; Sector median 1.50×
Debt to equity: 52.1%; Sector median 43.0%
Asset turnover: 1.16×; Sector median 0.87×
Dividend payout ratio: 22.7%; Sector median 22.6%

Median of the 12 companies in the sector with the figure for their latest fiscal year.

MACFL financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	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
Profitability
Gross margin	14.1%	11.5%	16.5%	23.8%	14.6%	15.1%	2.6%	4.3%	10.5%	16.7%	17.5%	18.4%	9.9%	17.7%	—
EBITDA margin	6.5%	5.4%	10.9%	20.0%	12.5%	14.7%	3.5%	3.3%	9.1%	15.4%	17.0%	17.9%	9.5%	17.6%	—
Operating margin	3.8%	2.8%	8.3%	17.7%	9.6%	10.5%	(2.7%)	(0.6%)	5.6%	10.5%	11.4%	13.8%	5.6%	14.2%	—
Pre-tax margin	2.9%	1.1%	7.4%	12.7%	6.3%	9.1%	(7.5%)	(8.3%)	3.1%	8.3%	8.9%	9.6%	2.6%	20.2%	—
Net margin	1.9%	1.4%	4.6%	6.9%	4.4%	6.2%	(2.9%)	(9.7%)	2.6%	5.2%	6.6%	4.6%	(2.0%)	14.6%	—
Effective tax rate	33.2%	(27.6%)	38.3%	45.9%	29.8%	31.9%	—	—	17.0%	37.9%	25.6%	52.0%	177.6%	27.7%	—
Returns
Return on equity (ROE)	5.7%	3.8%	12.5%	21.9%	12.4%	14.3%	(6.7%)	(30.0%)	7.3%	13.6%	16.3%	13.0%	(5.3%)	54.1%	—
Return on assets (ROA)	2.3%	1.7%	5.5%	8.8%	5.1%	6.0%	(2.3%)	(9.9%)	2.9%	5.0%	5.9%	4.7%	(1.9%)	18.6%	—
Return on invested capital (ROIC)	6.2%	6.5%	12.3%	18.6%	10.7%	11.6%	—	—	7.0%	11.6%	15.5%	12.8%	(7.7%)	48.4%	—
Liquidity
Current ratio	1.10×	1.15×	1.15×	1.15×	0.94×	0.90×	0.76×	0.77×	0.89×	0.93×	1.12×	1.11×	0.85×	0.96×	1.01×
Quick ratio	0.64×	0.61×	0.61×	0.64×	0.46×	0.47×	0.52×	0.50×	0.47×	0.37×	0.42×	0.60×	0.39×	0.50×	0.50×
Leverage
Debt to equity	52.1%	44.5%	29.3%	24.5%	46.3%	52.0%	71.0%	127.2%	13.8%	51.9%	21.3%	31.0%	29.6%	0.8%	35.2%
Debt to capital	34.2%	30.8%	22.7%	19.7%	31.6%	34.2%	41.5%	56.0%	12.2%	34.2%	17.6%	23.7%	22.8%	0.7%	26.0%
Debt to assets	19.3%	19.0%	13.6%	10.0%	18.0%	22.6%	28.9%	33.3%	5.6%	19.7%	7.6%	11.5%	10.3%	0.3%	10.4%
Assets to equity	2.52×	2.25×	2.28×	2.50×	2.44×	2.37×	2.93×	3.04×	2.53×	2.72×	2.76×	2.78×	2.74×	2.91×	—
Efficiency
Asset turnover	1.16×	1.19×	1.19×	1.27×	1.15×	0.98×	0.79×	1.02×	1.12×	0.97×	0.89×	1.01×	0.95×	1.27×	—
Receivable days days	83	69	65	60	63	65	93	85	67	65	75	63	66	55	—
Inventory days days	92	88	94	99	86	67	61	69	90	132	120	82	83	69	—
Payable days days	127	115	119	130	123	113	137	150	150	159	171	147	167	125	—
Cash conversion cycle days	47	42	39	29	26	19	17	3	7	37	23	(2)	(19)	(2)	—
Dividends
Dividend payout ratio	22.7%	86.9%	34.5%	15.6%	0.0%	0.0%	—	—	75.7%	49.7%	45.0%	0.0%	—	27.4%	—
Earnings retention rate	0.77×	0.13×	0.65×	0.84×	1.00×	1.00×	—	—	0.24×	0.50×	0.55×	1.00×	—	0.73×	—

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.

MACFL: frequently asked questions

What is MACFL's EPS?

MACPAC Films Limited reported basic earnings per share of Rs 2.20 for FY2026 (Jul 2025 – Jun 2026).

What is MACFL's P/E ratio?

At the closing price of Rs 100.33 on 16 Oct 2026, MACFL trades at a P/E of 45.5× based on EPS of Rs 2.20 (FY2026).

Does MACFL pay dividends?

MACPAC Films Limited did not declare a cash dividend for FY2026.

What was MACFL's revenue and profit in FY2026?

MACPAC Films Limited reported revenue of Rs 6.7 bn and profit attributable to shareholders of Rs 130.7 mn for FY2026 (Jul 2025 – Jun 2026).

What is MACFL's book value per share?

MACPAC Films Limited's book value per share was Rs 39.37 at the end of FY2026. The shares trade at 2.55× book value.

Information only, not investment advice.