PTL Panther Tyres Ltd.

Panther Tyres Ltd. (PTL) financial ratios

Panther Tyres Ltd. earned a net margin of 3.6% in FY2026 against a five-year average of 2.2% (Automobile Parts & Accessories median 3.6%). Return on equity was 14.4%, compared with a sector median of 11.4%. The current ratio stood at 1.02× and debt was 128.7% of equity. Cash took about 77 days to cycle through receivables, inventory and payables.

FY2026 vs the Automobile Parts & Accessories median

Gross margin: 15.6%; Sector median 15.6%
Operating margin: 9.3%; Sector median 9.3%
Net margin: 3.6%; Sector median 3.6%
Return on equity (ROE): 14.4%; Sector median 11.4%
Return on assets (ROA): 5.1%; Sector median 3.9%
Current ratio: 1.02×; Sector median 1.36×
Debt to equity: 128.7%; Sector median 48.2%
Asset turnover: 1.41×; Sector median 1.09×
Dividend payout ratio: 51.2%; Sector median 17.1%

Median of the 10 companies in the sector with the figure for their latest fiscal year.

PTL 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
Profitability
Gross margin	15.6%	13.1%	14.6%	14.5%	11.1%	15.2%	14.5%
EBITDA margin	11.7%	9.8%	9.7%	9.6%	8.2%	11.5%	11.2%
Operating margin	9.3%	7.7%	8.1%	7.9%	6.4%	9.4%	8.4%
Pre-tax margin	5.1%	2.2%	1.8%	3.0%	3.4%	7.5%	3.3%
Net margin	3.6%	1.3%	1.6%	2.0%	2.2%	5.3%	2.2%
Effective tax rate	29.7%	40.2%	13.9%	33.0%	35.0%	30.2%	33.7%
Returns
Return on equity (ROE)	14.4%	5.3%	6.6%	6.6%	7.3%	17.6%	—
Return on assets (ROA)	5.1%	1.8%	2.2%	2.3%	2.8%	7.5%	—
Return on invested capital (ROIC)	11.1%	6.6%	10.1%	7.1%	6.1%	10.7%	—
Liquidity
Current ratio	1.02×	1.01×	0.88×	1.00×	1.09×	1.52×	1.11×
Quick ratio	0.54×	0.54×	0.41×	0.46×	0.61×	0.90×	0.67×
Leverage
Debt to equity	128.7%	123.9%	158.5%	129.5%	153.5%	100.8%	115.0%
Debt to capital	56.3%	55.3%	61.3%	56.4%	60.6%	50.2%	53.5%
Debt to assets	45.7%	43.8%	49.8%	45.6%	52.2%	44.8%	45.6%
Assets to equity	2.82×	2.99×	3.02×	2.89×	2.61×	2.35×	—
Efficiency
Asset turnover	1.41×	1.34×	1.39×	1.14×	1.26×	1.42×	—
Receivable days days	53	52	49	67	68	65	—
Inventory days days	70	75	80	94	80	72	—
Payable days days	46	51	48	46	25	22	—
Cash conversion cycle days	77	77	81	115	122	115	—
Dividends
Dividend payout ratio	51.2%	0.0%	72.1%	38.8%	0.0%	0.0%	0.0%
Earnings retention rate	0.49×	1.00×	0.28×	0.61×	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.

PTL: frequently asked questions

What is PTL's EPS?

Panther Tyres Ltd. reported basic earnings per share of Rs 7.82 for FY2026 (Jul 2025 – Jun 2026).

What is PTL's P/E ratio?

At the closing price of Rs 46.50 on 16 Oct 2026, PTL trades at a P/E of 5.9× based on EPS of Rs 7.82 (FY2026).

Does PTL pay dividends?

Yes. Panther Tyres Ltd. declared a dividend of Rs 4.00 per share for FY2026. It has paid a dividend in each of the last 2 years. At Rs 46.50 that is a dividend yield of 8.6%.

What was PTL's revenue and profit in FY2026?

Panther Tyres Ltd. reported revenue of Rs 36.3 bn and profit attributable to shareholders of Rs 1.3 bn for FY2026 (Jul 2025 – Jun 2026).

What is PTL's book value per share?

Panther Tyres Ltd.'s book value per share was Rs 56.29 at the end of FY2026. The shares trade at 0.83× book value.

Information only, not investment advice.