OTSU Otsuka Pakistan Limited

Otsuka Pakistan Limited (OTSU) financial ratios

Otsuka Pakistan Limited earned a net margin of 11.5% in FY2026 against a five-year average of 4.0% (Pharmaceuticals median 9.4%). Return on equity was 50.9%, compared with a sector median of 21.7%. The current ratio stood at 1.23× and debt was 83.1% of equity. Cash took about 84 days to cycle through receivables, inventory and payables.

FY2026 vs the Pharmaceuticals median

Gross margin: 35.5%; Sector median 37.0%
Operating margin: 19.2%; Sector median 17.3%
Net margin: 11.5%; Sector median 9.4%
Return on equity (ROE): 50.9%; Sector median 21.7%
Return on assets (ROA): 17.0%; Sector median 11.7%
Current ratio: 1.23×; Sector median 1.79×
Debt to equity: 83.1%; Sector median 5.8%
Asset turnover: 1.48×; Sector median 1.26×
Dividend payout ratio: 0.0%; Sector median 32.8%

Median of the 14 companies in the sector with the figure for their latest fiscal year.

OTSU 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	FY2011 Jul 2010 – Jun 2011
Profitability
Gross margin	35.5%	22.8%	18.2%	21.2%	32.5%	33.2%	26.9%	21.0%	30.5%	27.3%	17.3%	11.1%	0.1%	24.2%	29.2%	23.7%
EBITDA margin	22.4%	6.6%	6.5%	3.7%	16.3%	23.0%	14.3%	(2.2%)	14.4%	18.6%	0.8%	2.3%	(12.3%)	8.3%	11.2%	6.4%
Operating margin	19.2%	4.4%	3.3%	0.5%	12.7%	19.2%	10.2%	(6.8%)	9.4%	13.2%	(5.7%)	(5.3%)	(19.8%)	3.4%	11.2%	6.4%
Pre-tax margin	18.8%	2.8%	0.6%	(0.9%)	12.8%	18.4%	4.8%	(10.3%)	7.4%	10.7%	(9.9%)	(12.4%)	(25.8%)	(0.2%)	9.2%	4.6%
Net margin	11.5%	0.7%	(0.2%)	(0.2%)	8.1%	15.2%	4.1%	(9.3%)	3.5%	6.0%	(7.2%)	(10.1%)	(18.5%)	(0.2%)	5.9%	2.9%
Effective tax rate	38.8%	74.3%	126.0%	—	36.4%	17.7%	15.3%	—	52.7%	44.1%	—	—	—	—	35.9%	36.6%
Returns
Return on equity (ROE)	50.9%	4.0%	(0.7%)	(1.0%)	38.2%	125.1%	129.9%	(155.0%)	38.3%	131.2%	(130.9%)	(67.7%)	(51.3%)	(0.6%)	20.3%	—
Return on assets (ROA)	17.0%	1.1%	(0.2%)	(0.3%)	13.9%	24.4%	5.7%	(11.3%)	4.3%	7.2%	(7.1%)	(9.3%)	(14.2%)	(0.3%)	9.6%	—
Return on invested capital (ROIC)	24.5%	1.7%	(1.9%)	—	22.2%	31.3%	9.6%	—	5.5%	9.0%	—	—	—	—	12.1%	—
Liquidity
Current ratio	1.23×	0.99×	1.07×	1.10×	1.31×	1.12×	0.74×	0.67×	0.77×	0.65×	0.55×	0.62×	0.73×	1.22×	1.40×	1.40×
Quick ratio	0.49×	0.40×	0.44×	0.40×	0.45×	0.46×	0.28×	0.26×	0.34×	0.28×	0.24×	0.20×	0.24×	0.36×	0.42×	0.61×
Leverage
Debt to equity	83.1%	155.7%	144.5%	137.2%	70.2%	80.8%	1,323.4%	6,303.8%	680.3%	949.0%	5,218.2%	982.1%	433.4%	147.0%	117.0%	90.8%
Debt to capital	45.4%	60.9%	59.1%	57.8%	41.2%	44.7%	93.0%	98.4%	87.2%	90.5%	98.1%	90.8%	81.3%	59.5%	53.9%	47.6%
Debt to assets	31.9%	42.5%	42.6%	41.8%	27.1%	27.3%	92.0%	96.6%	87.1%	89.9%	97.2%	89.2%	79.3%	58.5%	52.8%	45.9%
Assets to equity	3.00×	3.53×	3.34×	2.93×	2.74×	5.12×	22.90×	13.76×	8.92×	18.16×	18.35×	7.28×	3.61×	2.36×	2.11×	—
Efficiency
Asset turnover	1.48×	1.56×	1.38×	1.47×	1.71×	1.61×	1.39×	1.21×	1.23×	1.20×	0.99×	0.92×	0.77×	1.11×	1.64×	—
Receivable days days	27	31	55	61	52	54	58	73	74	68	70	60	73	60	50	—
Inventory days days	171	132	150	159	152	146	152	150	152	132	146	151	182	211	145	—
Payable days days	114	87	87	94	113	63	4	—	—	3	6	9	9	4	2	—
Cash conversion cycle days	84	76	118	127	90	136	205	223	226	196	210	202	246	267	193	—
Dividends
Dividend payout ratio	0.0%	0.0%	—	—	7.8%	0.0%	0.0%	—	0.0%	0.0%	—	—	—	—	0.0%	0.0%
Earnings retention rate	1.00×	1.00×	—	—	0.92×	1.00×	1.00×	—	1.00×	1.00×	—	—	—	—	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.

OTSU: frequently asked questions

What is OTSU's EPS?

Otsuka Pakistan Limited reported basic earnings per share of Rs 39.02 for FY2026 (Jul 2025 – Jun 2026).

What is OTSU's P/E ratio?

At the closing price of Rs 379.37 on 16 Oct 2026, OTSU trades at a P/E of 9.7× based on EPS of Rs 39.02 (FY2026).

Does OTSU pay dividends?

Otsuka Pakistan Limited did not declare a cash dividend for FY2026.

What was OTSU's revenue and profit in FY2026?

Otsuka Pakistan Limited reported revenue of Rs 4.1 bn and profit attributable to shareholders of Rs 472.1 mn for FY2026 (Jul 2025 – Jun 2026).

What is OTSU's book value per share?

Otsuka Pakistan Limited's book value per share was Rs 95.95 at the end of FY2026. The shares trade at 3.95× book value.

Information only, not investment advice.