Skip to content
Smart Money

Comparison

Ghandhara Industries Limited vs Millat Tractors Limited

Millat Tractors Limited (MTL) is worth Rs 120.9 bn at the latest close, 2.8 times the market value of Ghandhara Industries Limited (GHNI) at Rs 43.8 bn. In their latest annual results GHNI reported revenue of Rs 60.7 bn (FY2026) and MTL Rs 64.2 bn (FY2026). GHNI trades at 6.3× earnings and MTL at 15.2×. Dividend yields: GHNI 1.2%, MTL 6.9%.

GHNI and MTL compared
Latest GHNI FY2026 MTL FY2026
Price Rs 1,029.07 Rs 302.90
Market value Rs 43.8 bn Rs 120.9 bn
P/E 6.3× (stronger) 15.2×
P/B 1.96× (stronger) 11.78×
Dividend yield 1.2% 6.9% (stronger)
Revenue (latest year) Rs 60.7 bn Rs 64.2 bn
Revenue growth, year on year 61.9% (stronger) 20.4%
Revenue growth, 5 years a year 32.2% (stronger) 7.1%
Profit (latest year) Rs 6.9 bn Rs 7.9 bn (stronger)
EPS (latest year) Rs 162.57 Rs 19.91
Dividend per share Rs 12.00 Rs 21.00
Net margin 11.4% 12.6% (stronger)
Return on equity 38.6% 83.6% (stronger)
Debt to equity 0.0% (stronger) 112.2%
Current ratio 1.51× (stronger) 1.20×
Dividend streak (years) 2 20 (stronger)

Highlighted: the higher figure where higher is usually stronger (growth, margins, returns, yield) or the lower where lower is (P/E, P/B, debt). A highlight is a comparison, not a recommendation.

Revenue by fiscal year GHNI MTL
Revenue by fiscal year Rs 95 bn GHNI FY2017: Rs 10.7 bn MTL FY2017: Rs 31.6 bn FY2017 GHNI FY2018: Rs 16.8 bn MTL FY2018: Rs 39.6 bn FY2018 GHNI FY2019: Rs 13.9 bn MTL FY2019: Rs 32.0 bn FY2019 GHNI FY2020: Rs 11.8 bn MTL FY2020: Rs 23.9 bn FY2020 GHNI FY2021: Rs 15.0 bn MTL FY2021: Rs 45.7 bn FY2021 GHNI FY2022: Rs 24.3 bn MTL FY2022: Rs 55.0 bn FY2022 GHNI FY2023: Rs 14.5 bn MTL FY2023: Rs 47.1 bn FY2023 GHNI FY2024: Rs 14.7 bn MTL FY2024: Rs 95.0 bn FY2024 GHNI FY2025: Rs 37.5 bn MTL FY2025: Rs 53.3 bn FY2025 GHNI FY2026: Rs 60.7 bn MTL FY2026: Rs 64.2 bn FY2026
Profit by fiscal year GHNI MTL
Profit by fiscal year Rs 10 bn -Rs 1 bn GHNI FY2017: Rs 796.0 mn MTL FY2017: Rs 4.5 bn FY2017 GHNI FY2018: Rs 1.4 bn MTL FY2018: Rs 5.4 bn FY2018 GHNI FY2019: Rs 60.1 mn MTL FY2019: Rs 3.4 bn FY2019 GHNI FY2020: -Rs 1.3 bn MTL FY2020: Rs 2.0 bn FY2020 GHNI FY2021: Rs 604.3 mn MTL FY2021: Rs 6.0 bn FY2021 GHNI FY2022: Rs 728.6 mn MTL FY2022: Rs 5.4 bn FY2022 GHNI FY2023: Rs 179.4 mn MTL FY2023: Rs 3.3 bn FY2023 GHNI FY2024: Rs 781.4 mn MTL FY2024: Rs 10.3 bn FY2024 GHNI FY2025: Rs 4.6 bn MTL FY2025: Rs 6.4 bn FY2025 GHNI FY2026: Rs 6.9 bn MTL FY2026: Rs 7.9 bn FY2026

Prices at the latest close; financial figures from each company's latest annual report. Information only, not investment advice.