The Thal Industries Corporation Ltd
Shariah compliantAlphaGen's view
Members only- Alpha scoreHow this quarter's business compares, scored 0–100
- Fair valueWhat the stock may be worth, against today's price
- Trend signalWhether the price trend is up, down or stopping
- Sector rankWhere it stands among its sector peers
Latest results
Quarter: Apr–Jun 2026In the Apr–Jun 2026 quarter, TICL's sales fell 20% to Rs 10.3bn, from Rs 12.8bn, and profit after tax fell 97% to Rs 32.0mn, from Rs 1.2bn (compared with Apr–Jun 2025).
Earnings per share were Rs 2.16, against Rs 76.71 a year earlier.
At Rs 827.01, TICL trades at 12.7 times earnings, with a dividend yield of 0.7%.
- P/E ratio
- 12.7
- Dividend yield
- 0.7%
- Dividend payout
- 0%
- of earnings
- Return on equity
- 13%
- Net margin
- 5.0%
- trailing twelve months
- Debt to equity
- 1.39
TICL quarterly results
Reported figures| Quarter | Sales | Profit after tax | Net margin | EPS | Dividend / share |
|---|---|---|---|---|---|
| Apr–Jun 2026 | Rs 10.3bn | Rs 32.0mn | 0.3% | Rs 2.16 | — |
| Jan–Mar 2026 | Rs 7.0bn | Rs 102.0mn | 1.5% | Rs 6.77 | — |
| Oct–Dec 2025 | Rs 5.0bn | Rs 365.0mn | 7.3% | Rs 24.32 | — |
| Jul–Sep 2025 | Rs 10.8bn | Rs 1.1bn | 10.3% | Rs 74.25 | Rs 10.00 |
| Apr–Jun 2025 | Rs 12.8bn | Rs 1.2bn | 9.0% | Rs 76.71 | — |
| Jan–Mar 2025 | Rs 13.7bn | Rs 53.0mn | 0.4% | Rs 3.54 | — |
| Oct–Dec 2024 | Rs 10.9bn | Rs 7.0mn | 0.1% | Rs 0.49 | — |
| Jul–Sep 2024 | Rs 7.7bn | Rs 501.0mn | 6.5% | Rs 33.28 | Rs 2.50 |
TICL annual results and dividends
Reported figures| Year | Sales | Profit after tax | EPS | Dividend / share |
|---|---|---|---|---|
| Year to Sep 2025 | Rs 48.2bn | Rs 2.3bn | Rs 154.99 | Rs 10.00 |
| Year to Sep 2024 | Rs 28.6bn | Rs 1.1bn | Rs 75.61 | Rs 2.50 |
| Year to Sep 2023 | Rs 30.8bn | Rs 2.0bn | Rs 130.87 | Rs 5.00 |
| Year to Sep 2022 | Rs 19.8bn | Rs 1.8bn | Rs 118.61 | Rs 3.50 |
| Year to Sep 2021 | Rs 21.4bn | Rs 1.6bn | Rs 108.52 | Rs 3.00 |
Balance sheet and price
Balance sheet as of Jun 2026- Total assets
- Rs 37.8bn
- Shareholders' equity
- Rs 12.4bn
- Cash & bank
- Rs 2.8bn
- Total debt
- Rs 17.2bn
- Current ratio
- 1.25
- 3-month high
- Rs 1476.87
- 3-month low
- Rs 750.08
- 1-month change
- -19.3%
- 3-month change
- -23.2%
Read more about TICL
Other sugar & allied industries companies
- AABSAl-Abbas Sugar Mills LtdRs 783.09P/E 19.3
- ADAMSAdam Sugar Mills LtdRs 68.49
- AGSMLAbdullah Shah Ghazi Sugar Mills LtdRs 9.06
- ALNRSAl-Noor Sugar Mills LtdRs 124.95P/E 26.4
- ANSMAnsari Sugar Mills LimitedRs 24.13
- BAFSBaba Farid Sugar Mills LtdRs 429.68
- CHASChashma Sugar Mills LtdRs 82.41
- DWSMDewan Sugar Mills LtdRs 6.26
- FRSMFaran Sugar Mills LtdRs 42.01P/E 4.3
- HABSMHabib Sugar Mills LtdRs 79.05P/E 5.8
- HRPLHabib Rice Product LtdRs 19.14
- HWQSHaseeb Waqas Sugar Mills LimitedRs 18.90
TICL: common questions
What is TICL's share price?
The Thal Industries Corporation Ltd (TICL) last closed at Rs 827.01 on the Pakistan Stock Exchange.
Does TICL pay a dividend?
Yes. The Thal Industries Corporation Ltd paid Rs 10.00 per share for the year to Sep 2025, and the stock's dividend yield is 0.7%.
What were TICL's latest results?
In the Apr–Jun 2026 quarter, TICL's sales fell 20% to Rs 10.3bn, from Rs 12.8bn, and profit after tax fell 97% to Rs 32.0mn, from Rs 1.2bn (compared with Apr–Jun 2025).
What is TICL's P/E ratio?
At Rs 827.01, TICL trades at 12.7 times its earnings.
Figures are taken from the company's published financial statements and PSX prices. This page is information, not investment advice.

