Millat Tractors Limited (PSX: MTL) is an automobile assembler company on the Pakistan Stock Exchange and a member of the KSE-100 index. Its shares closed at Rs 280.10 on 30 Oct 2026, down 1.49% on the day. The price is 55% of the way from its 52-week low of Rs 232.50 to its high of Rs 318.90. At this price the company is valued at Rs 111.77 bn, or 13.5 times its earnings over the last 12 months, with a dividend yield of 7.5%.
MTL key figures
| Measure | Value |
|---|---|
| Share price | Rs 280.10 (30 Oct 2026) |
| 52-week range | Rs 232.50 to Rs 318.90 |
| Market capitalisation | Rs 111.77 bn |
| P/E ratio (12 months) | 13.46x |
| Price to book | – |
| Earnings per share (12 months) | Rs 20.81 (+25.6% on a year earlier) |
| Dividend yield | 7.5% |
| Sales (12 months) | Rs 67.56 bn |
| Profit after tax (12 months) | Rs 8.30 bn |
| Net margin | 12.3% |
| Debt to equity | 1.30x |
| Sector | Automobile Assembler |
Latest results
MTL announced its results for the quarter to September 2026 on 22 Oct 2026. The figures below are as announced to PSX and may be for the company on its own, while the 12-month figures above can include subsidiaries.
| Quarter to September 2026 | This year | Last year | Change |
|---|---|---|---|
| Sales | Rs 10.92 bn | Rs 7.55 bn | +44.8% |
| Profit after tax | Rs 981 M | Rs 514 M | +90.9% |
| Earnings per share | Rs 2.46 | Rs 1.29 |
The next results are expected around 27 Feb 2027.
MTL dividends
Millat Tractors Limited paid a cash dividend in 10 of the last 10 years, Rs 21.00 a share over the last 12 months. The latest payout was Rs 11.00 a share, with an ex-date of 19 Oct 2026.
| Financial year | Cash dividend per share |
|---|---|
| FY2026 | Rs 21.00 |
| FY2025 | Rs 30.00 |
| FY2024 | Rs 12.50 |
| FY2023 | Rs 10.53 |
| FY2022 | Rs 12.94 |
| FY2021 | Rs 13.80 |
| FY2020 | Rs 6.49 |
| FY2019 | Rs 9.81 |
| FY2018 | Rs 13.86 |
| FY2017 | Rs 10.97 |
Adjusted for bonus shares and splits.
Other Automobile Assembler stocks
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Frequently asked questions
What is the MTL share price?
Millat Tractors Limited (MTL) closed at Rs 280.10 on 30 Oct 2026. Its 52-week range is Rs 232.50 to Rs 318.90.
What is the P/E ratio of MTL?
MTL trades at 13.5 times its earnings over the last 12 months (EPS of Rs 20.81).
Does MTL pay dividends?
Millat Tractors Limited paid a cash dividend in 10 of the last 10 years, a dividend yield of 7.5% at the current price.
When will MTL announce its next results?
The next results are expected around 27 Feb 2027, based on the company's past reporting dates.
Prices are closing prices from PSX; figures are from company results. Updated daily. For information only, not investment advice.