Skip to content
Smart Money

Comparison

Mari Energies Limited vs Pakistan Petroleum Limited

Mari Energies Limited (MARI) is worth Rs 760.2 bn at the latest close, 1.3 times the market value of Pakistan Petroleum Limited (PPL) at Rs 598.2 bn. In their latest annual results MARI reported revenue of Rs 191.7 bn (FY2026) and PPL Rs 266.3 bn (FY2026). MARI trades at 8.7× earnings and PPL at 6.1×. Dividend yields: MARI 4.3%, PPL 5.5%.

MARI and PPL compared
Latest MARI FY2026 PPL FY2026
Price Rs 633.13 Rs 219.86
Market value Rs 760.2 bn Rs 598.2 bn
P/E 8.7× 6.1× (stronger)
P/B 2.36× 0.77× (stronger)
Dividend yield 4.3% 5.5% (stronger)
Revenue (latest year) Rs 191.7 bn Rs 266.3 bn
Revenue growth, year on year 8.2% 8.7% (stronger)
Revenue growth, 5 years a year 21.3% (stronger) 12.3%
Profit (latest year) Rs 86.9 bn Rs 97.7 bn (stronger)
EPS (latest year) Rs 72.36 Rs 35.90
Dividend per share Rs 27.00 Rs 12.00
Net margin 45.3% (stronger) 36.7%
Return on equity 29.2% (stronger) 13.2%
Debt to equity 5.1% 0.3% (stronger)
Current ratio 2.66× 4.53× (stronger)
Dividend streak (years) 20 20

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 MARI PPL
Revenue by fiscal year Rs 291 bn MARI FY2017: Rs 24.6 bn PPL FY2017: Rs 117.4 bn FY2017 MARI FY2018: Rs 35.5 bn PPL FY2018: Rs 126.6 bn FY2018 MARI FY2019: Rs 51.9 bn PPL FY2019: Rs 164.4 bn FY2019 MARI FY2020: Rs 63.2 bn PPL FY2020: Rs 158.0 bn FY2020 MARI FY2021: Rs 73.0 bn PPL FY2021: Rs 149.3 bn FY2021 MARI FY2022: Rs 95.1 bn PPL FY2022: Rs 203.8 bn FY2022 MARI FY2023: Rs 145.8 bn PPL FY2023: Rs 288.1 bn FY2023 MARI FY2024: Rs 181.8 bn PPL FY2024: Rs 291.2 bn FY2024 MARI FY2025: Rs 177.1 bn PPL FY2025: Rs 245.0 bn FY2025 MARI FY2026: Rs 191.7 bn PPL FY2026: Rs 266.3 bn FY2026
Profit by fiscal year MARI PPL
Profit by fiscal year Rs 115 bn MARI FY2017: Rs 9.1 bn PPL FY2017: Rs 34.7 bn FY2017 MARI FY2018: Rs 15.4 bn PPL FY2018: Rs 45.8 bn FY2018 MARI FY2019: Rs 24.3 bn PPL FY2019: Rs 59.5 bn FY2019 MARI FY2020: Rs 30.3 bn PPL FY2020: Rs 49.4 bn FY2020 MARI FY2021: Rs 31.4 bn PPL FY2021: Rs 52.3 bn FY2021 MARI FY2022: Rs 33.1 bn PPL FY2022: Rs 54.4 bn FY2022 MARI FY2023: Rs 56.1 bn PPL FY2023: Rs 97.2 bn FY2023 MARI FY2024: Rs 77.3 bn PPL FY2024: Rs 115.5 bn FY2024 MARI FY2025: Rs 65.4 bn PPL FY2025: Rs 89.9 bn FY2025 MARI FY2026: Rs 86.9 bn PPL FY2026: Rs 97.7 bn FY2026

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