Nishat Mills Limited (PSX: NML) is a textile composite company on the Pakistan Stock Exchange and a member of the KSE-100 index and the KMI-30 Shariah index. Its shares closed at Rs 123.00 on 30 Oct 2026, up 0.24% on the day. The price is 6% of the way from its 52-week low of Rs 117.10 to its high of Rs 208.40. At this price the company is valued at Rs 43.25 bn, or 2.8 times its earnings over the last 12 months, with a dividend yield of 1.6%.
NML key figures
| Measure | Value |
|---|---|
| Share price | Rs 123.00 (30 Oct 2026) |
| 52-week range | Rs 117.10 to Rs 208.40 |
| Market capitalisation | Rs 43.25 bn |
| P/E ratio (12 months) | 2.79x |
| Price to book | 0.23x |
| Earnings per share (12 months) | Rs 44.10 (+271.4% on a year earlier) |
| Dividend yield | 1.6% |
| Sales (12 months) | Rs 229.18 bn |
| Profit after tax (12 months) | Rs 15.50 bn |
| Net margin | 6.8% |
| Debt to equity | 0.55x |
| Sector | Textile Composite |
Latest results
NML announced its results for the quarter to September 2026 on 30 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 46.42 bn | Rs 45.26 bn | +2.6% |
| Profit after tax | Rs 545 M | Rs 696 M | −21.6% |
| Earnings per share | Rs 1.55 | Rs 1.98 |
The next results are expected around 27 Feb 2027.
NML dividends
Nishat Mills Limited paid a cash dividend in 10 of the last 10 years, Rs 2.00 a share over the last 12 months, about 5% of its profit (the payout ratio). The latest payout was Rs 2.00 a share, with an ex-date of 20 Oct 2026.
| Financial year | Cash dividend per share |
|---|---|
| FY2026 | Rs 2.00 |
| FY2025 | Rs 2.00 |
| FY2024 | Rs 3.00 |
| FY2023 | Rs 5.00 |
| FY2022 | Rs 4.00 |
| FY2021 | Rs 4.00 |
| FY2020 | Rs 4.00 |
| FY2019 | Rs 4.00 |
| FY2018 | Rs 4.75 |
| FY2017 | Rs 5.00 |
Adjusted for bonus shares and splits.
NML results and articles
- Nishat Mills (NML) results for the quarter to September 2026: profit up 75% to Rs 2.47 bn (30 Oct 2026)
Other Textile Composite stocks
ILP · KTML · SAPT · SFL · FML · GATM · ZAHID · NCL · FZCM · SURC · ANL · ADMM
Frequently asked questions
What is the NML share price?
Nishat Mills Limited (NML) closed at Rs 123.00 on 30 Oct 2026. Its 52-week range is Rs 117.10 to Rs 208.40.
What is the P/E ratio of NML?
NML trades at 2.8 times its earnings over the last 12 months (EPS of Rs 44.10).
Does NML pay dividends?
Nishat Mills Limited paid a cash dividend in 10 of the last 10 years, a dividend yield of 1.6% at the current price.
When will NML 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.