MFL Matco Foods Limited

Matco Foods Limited (MFL) financial ratios

Matco Foods Limited earned a net margin of 2.4% in FY2026 against a five-year average of 1.9% (Food & Personal Care Products median 3.0%). Return on equity was 5.2%, compared with a sector median of 12.0%. The current ratio stood at 1.10× and debt was 171.1% of equity. Cash took about 295 days to cycle through receivables, inventory and payables.

FY2026 vs the Food & Personal Care Products median

Gross margin: 14.9%; Sector median 20.8%
Operating margin: 7.3%; Sector median 7.3%
Net margin: 2.4%; Sector median 3.0%
Return on equity (ROE): 5.2%; Sector median 12.0%
Return on assets (ROA): 1.7%; Sector median 4.5%
Current ratio: 1.10×; Sector median 1.21×
Debt to equity: 171.1%; Sector median 31.9%
Asset turnover: 0.71×; 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.

MFL 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
Profitability
Gross margin	14.9%	12.6%	11.5%	12.4%	10.8%	6.3%	9.1%	11.7%	14.8%	15.9%
EBITDA margin	10.6%	10.2%	8.6%	9.7%	7.9%	4.0%	6.8%	8.2%	9.4%	10.3%
Operating margin	7.3%	7.2%	6.7%	7.5%	5.8%	1.5%	4.5%	6.0%	7.1%	8.0%
Pre-tax margin	2.2%	1.1%	(1.3%)	2.7%	4.5%	0.3%	2.0%	5.8%	4.9%	5.7%
Net margin	2.4%	1.6%	(1.0%)	2.8%	3.6%	(0.5%)	1.2%	5.2%	4.5%	4.5%
Effective tax rate	(5.9%)	(44.1%)	—	(2.5%)	19.5%	293.9%	38.3%	10.2%	8.7%	20.9%
Returns
Return on equity (ROE)	5.2%	4.0%	(3.2%)	7.6%	6.5%	(0.8%)	2.5%	9.5%	8.4%	—
Return on assets (ROA)	1.7%	1.4%	(1.2%)	2.9%	2.9%	(0.4%)	1.2%	4.4%	3.6%	—
Return on invested capital (ROIC)	7.9%	12.6%	—	10.3%	5.2%	(4.5%)	3.3%	7.4%	6.5%	—
Liquidity
Current ratio	1.10×	1.07×	1.07×	1.16×	1.29×	1.38×	1.38×	1.50×	1.53×	1.33×
Quick ratio	0.23×	0.26×	0.27×	0.30×	0.32×	0.24×	0.32×	0.36×	0.38×	0.19×
Leverage
Debt to equity	171.1%	144.8%	130.8%	141.0%	125.4%	95.2%	84.2%	100.3%	107.4%	138.0%
Debt to capital	63.1%	59.2%	56.7%	58.5%	55.6%	48.8%	45.7%	50.1%	51.8%	58.0%
Debt to assets	51.4%	50.6%	47.8%	50.7%	52.1%	45.8%	41.3%	47.4%	49.2%	52.6%
Assets to equity	3.10×	2.80×	2.76×	2.60×	2.25×	2.06×	2.07×	2.15×	2.37×	—
Efficiency
Asset turnover	0.71×	0.93×	1.14×	1.05×	0.80×	0.76×	0.96×	0.84×	0.79×	—
Receivable days days	64	53	44	48	53	53	53	57	43	—
Inventory days days	306	203	161	182	248	257	212	274	325	—
Payable days days	74	41	31	26	20	28	22	12	17	—
Cash conversion cycle days	295	215	174	204	281	282	243	318	351	—
Dividends
Dividend payout ratio	0.0%	0.0%	—	21.9%	0.0%	—	61.4%	11.3%	0.0%	0.0%
Earnings retention rate	1.00×	1.00×	—	0.78×	1.00×	—	0.39×	0.89×	1.00×	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.

MFL: frequently asked questions

What is MFL's EPS?

Matco Foods Limited reported basic earnings per share of Rs 4.61 for FY2026 (Jul 2025 – Jun 2026).

What is MFL's P/E ratio?

At the closing price of Rs 47.33 on 16 Oct 2026, MFL trades at a P/E of 10.3× based on EPS of Rs 4.61 (FY2026).

Does MFL pay dividends?

Matco Foods Limited did not declare a cash dividend for FY2026.

What was MFL's revenue and profit in FY2026?

Matco Foods Limited reported revenue of Rs 23.8 bn and profit attributable to shareholders of Rs 564.9 mn for FY2026 (Jul 2025 – Jun 2026).

What is MFL's book value per share?

Matco Foods Limited's book value per share was Rs 90.28 at the end of FY2026. The shares trade at 0.52× book value.

Information only, not investment advice.