PSYL Pakistan Synthetics Limited

Pakistan Synthetics Limited (PSYL) financial ratios

Pakistan Synthetics Limited earned a net margin of 5.2% in FY2026 against a five-year average of 4.7% (Synthetic & Rayon median 3.4%). Return on equity was 16.1%, compared with a sector median of 4.0%. The current ratio stood at 1.28× and debt was 78.5% of equity. Cash took about 99 days to cycle through receivables, inventory and payables.

FY2026 vs the Synthetic & Rayon median

Gross margin: 13.0%; Sector median 7.7%
Operating margin: 12.7%; Sector median 3.9%
Net margin: 5.2%; Sector median 3.4%
Return on equity (ROE): 16.1%; Sector median 4.0%
Return on assets (ROA): 6.8%; Sector median 1.0%
Current ratio: 1.28×; Sector median 0.86×
Debt to equity: 78.5%; Sector median 59.3%
Asset turnover: 1.31×; Sector median 0.83×
Dividend payout ratio: 0.0%; Sector median 0.0%

Median of the 9 companies in the sector with the figure for their latest fiscal year.

PSYL 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	FY2010 * Jul 2009 – Jun 2010	FY2009 * Jul 2008 – Jun 2009	FY2008 * Jul 2007 – Jun 2008	FY2007 * Jul 2006 – Jun 2007
Profitability
Gross margin	13.0%	11.7%	15.0%	17.9%	18.9%	20.0%	7.0%	9.6%	10.9%	9.2%	27.4%	23.9%	21.1%	6.0%	5.0%	14.1%	4.5%	5.8%	5.4%	(2.7%)
EBITDA margin	16.3%	11.8%	15.6%	15.1%	16.8%	20.8%	8.0%	5.8%	9.1%	13.3%	30.7%	28.4%	25.7%	6.7%	7.0%	13.8%	5.6%	7.9%	6.2%	(0.7%)
Operating margin	12.7%	8.9%	12.4%	12.2%	14.0%	17.1%	4.3%	2.5%	5.5%	5.5%	20.2%	17.8%	15.9%	3.6%	3.6%	10.7%	2.3%	3.6%	1.8%	(6.2%)
Pre-tax margin	8.9%	3.8%	4.0%	9.5%	12.0%	14.6%	(1.5%)	(2.1%)	1.6%	0.6%	13.3%	9.7%	8.8%	1.3%	0.9%	10.6%	2.3%	2.6%	1.0%	(6.7%)
Net margin	5.2%	2.2%	2.5%	5.5%	8.0%	10.3%	(1.5%)	(1.8%)	2.9%	2.9%	12.1%	11.3%	10.4%	0.8%	0.4%	6.9%	2.3%	2.6%	(0.5%)	(3.2%)
Effective tax rate	41.6%	42.4%	37.6%	41.9%	33.4%	29.1%	—	—	(80.4%)	(391.2%)	9.1%	(16.5%)	(18.4%)	34.5%	54.1%	35.0%	0.0%	0.0%	150.4%	—
Returns
Return on equity (ROE)	16.1%	8.3%	8.5%	22.7%	36.1%	37.9%	(7.1%)	(9.8%)	11.8%	6.8%	16.9%	15.1%	13.4%	3.9%	1.7%	28.0%	8.6%	7.2%	(1.4%)	(5.3%)
Return on assets (ROA)	6.8%	3.3%	3.3%	8.8%	13.8%	13.9%	(1.8%)	(2.1%)	2.7%	1.9%	6.0%	5.6%	4.8%	1.4%	0.7%	14.4%	5.8%	4.2%	(0.8%)	(3.8%)
Return on invested capital (ROIC)	13.1%	8.9%	11.0%	17.3%	24.8%	22.8%	—	—	7.4%	10.3%	7.7%	5.6%	7.6%	5.4%	2.7%	18.7%	9.4%	9.6%	(2.8%)	—
Liquidity
Current ratio	1.28×	1.16×	1.12×	1.08×	1.19×	1.16×	0.94×	0.78×	1.00×	0.99×	1.01×	1.15×	1.20×	1.28×	1.31×	1.09×	2.42×	2.57×	1.66×	2.29×
Quick ratio	0.54×	0.56×	0.50×	0.32×	0.52×	0.46×	0.49×	0.32×	0.34×	0.37×	0.48×	0.58×	0.59×	0.55×	0.60×	0.59×	1.38×	1.37×	0.63×	1.11×
Leverage
Debt to equity	78.5%	71.5%	105.8%	59.2%	67.6%	67.7%	135.1%	298.5%	140.3%	102.2%	123.2%	100.8%	116.1%	86.9%	115.2%	93.3%	0.0%	4.6%	29.3%	18.5%
Debt to capital	44.0%	41.7%	51.4%	37.2%	40.3%	40.4%	57.5%	74.9%	58.4%	50.5%	55.2%	50.2%	53.7%	46.5%	53.5%	48.3%	0.0%	4.4%	22.7%	15.6%
Debt to assets	33.7%	29.6%	40.3%	24.1%	24.6%	27.8%	42.5%	60.2%	30.9%	25.5%	39.4%	40.0%	40.4%	31.3%	41.0%	41.2%	0.0%	3.2%	14.8%	12.3%
Assets to equity	2.37×	2.52×	2.54×	2.59×	2.61×	2.74×	3.94×	4.74×	4.28×	3.56×	2.83×	2.70×	2.82×	2.79×	2.53×	1.94×	1.48×	1.71×	1.74×	1.40×
Efficiency
Asset turnover	1.31×	1.51×	1.33×	1.59×	1.73×	1.34×	1.19×	1.17×	0.96×	0.66×	0.49×	0.49×	0.46×	1.68×	1.56×	2.09×	2.50×	1.64×	1.52×	1.20×
Receivable days days	72	67	59	47	52	71	81	68	85	141	202	201	205	52	45	35	43	62	66	77
Inventory days days	103	91	116	99	90	108	106	132	177	223	295	302	359	82	73	57	51	97	100	107
Payable days days	76	66	78	88	84	90	71	112	202	236	232	189	248	54	34	29	36	62	61	43
Cash conversion cycle days	99	91	97	58	58	87	116	87	60	127	264	313	315	79	85	64	57	97	106	141
Dividends
Dividend payout ratio	0.0%	0.0%	0.0%	0.0%	21.3%	0.0%	—	—	0.0%	67.1%	0.0%	32.0%	0.0%	0.0%	0.0%	39.1%	0.0%	111.5%	—	—
Earnings retention rate	1.00×	1.00×	1.00×	1.00×	0.79×	1.00×	—	—	1.00×	0.33×	1.00×	0.68×	1.00×	1.00×	1.00×	0.61×	1.00×	(0.12×)	—	—

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.

PSYL: frequently asked questions

What is PSYL's EPS?

Pakistan Synthetics Limited reported basic earnings per share of Rs 5.85 for FY2026 (Jul 2025 – Jun 2026).

What is PSYL's P/E ratio?

At the closing price of Rs 216.85 on 16 Oct 2026, PSYL trades at a P/E of 37.1× based on EPS of Rs 5.85 (FY2026).

Does PSYL pay dividends?

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

What was PSYL's revenue and profit in FY2026?

Pakistan Synthetics Limited reported revenue of Rs 15.7 bn and profit attributable to shareholders of Rs 811.4 mn for FY2026 (Jul 2025 – Jun 2026).

What is PSYL's book value per share?

Pakistan Synthetics Limited's book value per share was Rs 39.21 at the end of FY2026. The shares trade at 5.53× book value.

Information only, not investment advice.