Gross Profit %

Net P

Gross Profit % = (Gross Profit / Sales ) * 100

Nishat Mills

Net Profit % = (P
Nishat Mills

2010

2010
Gross Profit
Sales
Gross Profit %

5,980.185
31,535.65
18.9632545

19

2011

2011
Gross Profit
Sales
Gross Profit %

7,846.45
48,565.14
16.1565402

16

2012

2012
Gross Profit
Sales
Gross Profit %

6,789.19
44,924.10
15.1125807

15

2013

2013
Gross Profit
Sales
Gross Profit %

9,044.49
52,426.03
17.2518976

17

Gul Ahmed

Gul Ahmed
2010

2010
Gross Profit
Sales
Gross Profit %

3,172.86
19,688.79
16.1150551

16

2011

2011
Gross Profit
Sales
Gross Profit %

2012

4,626.62
25435.465
18.1896498

18
2012

Gross Profit
Sales

3,543.70
25,063.92

Gross Profit %

14.138656

14

2013

2013
Gross Profit
Sales
Gross Profit %

4,699.25
30201.588
15.5596189

16

Net Profit %

Return on Assets

Net Profit % = (PBIT / Sales) * 100

Return on Assets = (PAT / Total Assets) * 100

Nishat Mills
2010

PBIT
Sales

4,412.99
31,535.65

Net Profit %

13.993659

14

PAT
Total Assets

2,915.46
46,182.31

ROA

6.312938

PAT
Total Assets

4,843.91
54,088.90

ROA

8.955463

PAT
Total Assets

3,528.57
56,626.38

ROA

6.231313

PAT
Total Assets

5,846.85
80,634.59

ROA

7.251048

PAT
Total Assets

477.533
14,599.69

ROA

3.270843

1,196.46
20,404.68

2011
PBIT
Sales

7,012.96
48565.144

Net Profit %

14.440315

14.44
2012

PBIT
Sales
Net Profit %

5,842.11
44924.101
13.0044

13
2013

PBIT
Sales

7,974.43
52,426.03

Net Profit %

15.210829

15.21

Gul Ahmed
2010
PBIT
Sales

1,652.83
19,688.79

Net Profit %

8.3947752

PBIT
Sales

2,635.44
25435.465

PAT
Total Assets

Net Profit %

10.361261

ROA

8.4
2011

2012

5.86364

PBIT
Sales

1,374.05
25063.924

PAT
Total Assets

240
17,718.76

Net Profit %

5.4821663

ROA

1.356551

2013
PBIT
Sales

2,068.65
30,201.59

PAT
Total Assets

702.078
21,188.93

Net Profit %

6.8494677

ROA

3.313419

urn on Assets

Assets Turnover Ratio

= (PAT / Total Assets) * 100

Assets Turnover Ratio = PBIT / Capital Employed

Nishat Mills
2010
Sales
L.T.Liab.
Equity

31,535.65
2,980.69
31,376.31

AT Ratio

0.91788109

Sales
L.T.Liab.
Equity

48,565.14
3,372.60
35393.959

AT Ratio

1.25275883

Sales
L.T.Liab.
Equity

44924.101
3,736.88
37,762.75

AT Ratio

1.08251806

Sales
L.T.Liab.
Equity

52426.03
3,649.15
58,917.04

AT Ratio

0.83792919

Sales
L.T.Liab.
Equity

19,688.79
2,429.25
3,595.77

AT Ratio

3.26784312

Sales
L.T.Liab.
Equity

25,435.47
2,497.26
4,712.87

AT Ratio

3.52773867

2011

2012

2013

Gul Ahmed
2010

2011

neg. ig.
2012
Sales
L.T.Liab.
Equity

25,063.92
2,096.43
4,472.51

AT Ratio

3.81551973

Sales
L.T.Liab.
Equity

30,201.588
2,154.999
5,428.502

AT Ratio

3.98253894

2013

Return on Capital Employed

Return on Equ

ROCE = (PBIT / Capital Employed) * 100

Nishat Mills

ROE = (PAT / Equit

Nishat Mills

2010

2010
PBIT
L.T.Liab.
Equity

4,412.99
2,980.69
31,376.31

PAT
Equity
ROE

ROCE

12.8445152
2011

2011
PBIT
L.T.Liab.
Equity
ROCE

PAT
Equity

7,012.96
3,372.60
35,393.96

ROE

18.0902327

2012
PAT
Equity

2012
PBIT
L.T.Liab.
Equity

5842.11
3736.883
37762.749

ROE
2013

ROCE

14.0774983

PAT
Equity

2013
PBIT
L.T.Liab.
Equity
ROCE

7974.434
3649.147
58917.035

ROE

12.7455979

Gul Ahmed

Gul Ahmed
2010

2010
PBIT
L.T.Liab.
Equity

1,652.83
2,429.25
3,595.77

PAT
Equity
ROE

ROCE

27.4328084
2011

2011
PBIT
L.T.Liab.
Equity
ROCE

PAT
Equity

2,635.44
2,497.26
4,712.87
36.5518223

ROE
2012

PAT
Equity

2012
PBIT
L.T.Liab.
Equity

1,374.05
2,096.43
4,472.51

ROE
2013

ROCE

20.9173138

PAT
Equity

2013
PBIT
L.T.Liab.
Equity
ROCE

2068.648
2154.999
5428.502
27.2782716

ROE

Return on Equity
ROE = (PAT / Equity) * 100

2,915.46
31,376.31
9.29191712

4,843.91
35,393.96
13.6857027

3528.567
37762.749
9.34404166

5846.853
58917.035
9.92387516

477.53
3,595.77
13.2804285

1,196.46
4,712.87
25.3869985

240.36
4,472.51
5.37425414

702.078
5428.502
12.9331812

Earning Per Share

EPS = Earnings (Profit After Tax) / No. of Shares
Nishat Mills

Nishat Mills
2010
Earnings
No. of Shares
EPS

2,915.46
351,599.85
8.291985951

2011
Earnings
No. of Shares
EPS

4,843.91
351,599.85
13.77677501

2012
Earnings
No. of shares
EPS

3,528.57
351,599.85
10.03574666

2013
Earnings
No. of shares
EPS

5,846.85
351,599.85
16.62928193

Gul Ahmed

Gul Ahmed
2010
Earnings
No. of shares
EPS

477.53
63,478.55
7.522746109

7.5

2011
Earnings
No. of shares
EPS

1,196.46
63,478.55
18.84820995

18.85

2012
Earnings
No. of shares
EPS

240.36 neg. ig.

126,957.10
1.893269518

1.89

2013
Earnings
No. of shares

702.08
152,348.52

EPS

4.60836786

4.61

Price Earning (P-E) Ratio

Earning Yield

P-E Ratio = Market Value Per Share / EPS

E.Y. = EPS / Market Value Per Sh

Nishat Mills

2010

2010
M.V. of Share
EPS
P-E Ratio

43.12
8.291985951

EPS
M.V. of Share

5.20

E.Y.

2011

2011
M.V. of Share
EPS

50.34
13.77677501

EPS
M.V. of Share

P-E Ratio

3.653975619

E.Y.

2012

2012
M.V. of Share
EPS

47.58
10.03574666

EPS
M.V. of Share

P-E Ratio

4.741052322

E.Y.

2013

2013
M.V. of Share
EPS

94.21
16.62928193

EPS
M.V. of Share

P-E Ratio

5.665307761

E.Y.
Gul Ahmed

2010

2010
M.V. of Share
EPS

18.53
7.522746109

EPS
M.V. of Share

P-E Ratio

2.463196249

E.Y.

2011

2011
M.V. of Share
EPS

51.73
18.84820995

EPS
M.V. of Share

P-E Ratio

2.744557713

E.Y.

2012

2012
M.V. of Share
EPS
P-E Ratio

21.11
1.893269518
11.1500237

EPS
M.V. of Share
E.Y.

2013

2013
M.V. of Share
EPS
P-E Ratio

23.74
4.60836786
5.151498475

EPS
M.V. of Share
E.Y.

Earning Yield

Dividend Yield

Y. = EPS / Market Value Per Share

D.Y. = Divid. Per Share / Market Value Per Share

Nishat Mills
2010

8.291986
43.12

DPS
M.V. of Share

19.23002

D.Y.

1.37936
43.12
3.198887

2011
13.77678
50.34

DPS
M.V. of Share

2.50001
50.34

27.36745

D.Y.

4.96625

10.03575
47.58

DPS
M.V. of Share

3.29999
47.58

21.09236

D.Y.

2012

6.935666

2013
16.62928
94.21

DPS
M.V. of Share

17.65129

D.Y.

3.49999
94.21
3.715094

Gul Ahmed
2010
7.522746
18.53

DPS
M.V. of Share

40.59766

D.Y.

0.86956
18.53
4.692715

2011
18.84821
51.73

DPS
M.V. of Share

36.43574

D.Y.

1.25001
51.73
2.416412

2012
1.89327
21.11
8.968591

DPS
M.V. of Share
D.Y.

0
21.11
0

2013
4.608368
23.74

DPS
M.V. of Share

19.41183

D.Y.

0
23.74
0

Dividend Cover

Nishat Mills

Divid. Cover = Earnings (PAT) / Total Dividend

or EPS/ DPS
2010
EPS
8.291986
DPS
1.37936
DC

Dividend Payout Rati

Dividend Payout = DPS /

Nishat Mills
2010
DPS
EPS

6.011473

DP

2011

2011
EPS
DPS

13.77678
2.50001

DPS
EPS

DC

5.510688

DP

2012

2012
EPS
DPS

10.03575
3.29999

DPS
EPS

DC

3.041145

DP

2013

2013
EPS
DPS

16.62928
3.49999

DPS
EPS

DC

4.751237

DP

Gul Ahmed

Gul Ahmed
2010

2010
EPS
DPS

7.522746
0.86956

DPS
EPS

DC

8.65121

DP

2011

2011
EPS
DPS

18.84821
1.25001

DPS
EPS

DC

15.07845

DP

2012

2012
EPS
DPS
DC

1.89327
0
#DIV/0!

DPS
EPS
DP

2013

2013
EPS
DPS

4.608368
0

DPS
EPS

DC

#DIV/0!

DP

Dividend Payout Ratio

Dividend Payout = DPS / EPS

1.37936
8.291986
16.63486

2.50001
13.77678
18.14655

3.29999
10.03575
32.88236

3.49999
16.62928
0.210472

0.86956
7.522746
0.115591

1.25001
18.84821
0.06632

0
1.89327
0

0
4.608368
0

Current Ratio

Assets Test

Current Ratio = Current Assets / Current Liabilities

Nishat Mills

Q.R. = C.A. - Inve

Nishat Mills

2010

2010
C.A.
C.L.
Current Ratio

11,732.928
10,568.415
1.110188046

1.11

2011
C.A.
C.L.
Current Ratio

18,441.96
15,322.35
1.203598678

2011
1.2

2012
C.A.
C.L.
Current Ratio

19,847.67
15,126.75
1.312090812

1.31

2012

2013
C.A.
C.L.
Current Ratio

27,204.56
18,068.41
1.505642001

1.51
2013

Gul Ahmed

Gul Ahmed
2010

2010
C.A.
C.L.
Current Ratio

8,350.60
8,574.68
0.97386736

2011
C.A.
C.L.

13,616.58
13,194.55

2011

Current Ratio

1.031985185

2012
C.A.
C.L.
Current Ratio

11,057.51
10,915.21
1.013036764

2012

2013
C.A.
C.L.
Current Ratio

14,205.97
13,292.16
1.068747974
2013

Prepaid
C.L.
Quick Ratio

Assets Test Ratio / Quick Ratio

Q.R. = C.A. - Invent. - Prepayments / C.L.

C.A.
Inventory
Prepaid
C.L.
Quick Ratio

C.A.
Inventory
Prepaid
C.L.
Quick Ratio

C.A.
Inventory
Prepaid
C.L.
Quick Ratio

C.A.
Inventory
Prepaid
C.L.
Quick Ratio

C.A.
Inventory
Prepaid
C.L.
Quick Ratio

11,732.93
6,414.92
5.939
10,568.42
0.502636393

18,441.96
10,906.62
46.09
15,322.35
0.488779038

19,847.67
10,549.27
39.89
15,126.75
0.612061969

27,204.56
12,808.14
38.81
18,068.41
0.794624674

8,350.60
4,943.90
47.94
8,574.68
0.391706442

C.A.
Inventory
Prepaid
C.L.
Quick Ratio

C.A.
Inventory
Prepaid
C.L.
Quick Ratio

C.A.
Inventory
Prepaid
C.L.
Quick Ratio

13,616.58
10,334.36
40.49
13,194.55
0.24568712

11,057.51
7,415.45
27.36
10,915.21
0.33116141

14,205.97
9,673.82
46.72
13,292.16
0.337449244

Debit to Equity Ratio (Gearning Ratio)

Total Gea

DTE = (Long Term Liabilities / Equity) * 100

Nishat Mills

TG = (LT Liab. / To
Nishat Mills

2010

2010
LT Liab.
Equity
DTE Ratio

2,980.69
3,516.00
84.78

2011
LT Liab.
Equity
DTE Ratio

3,372.60
3,516.00

2011

95.92

2012
LT Liab.
Equity
DTE Ratio

3,736.88
3,516.00

2012

106.28

2013
LT Liab.
Equity

3,649.15
3,516.00
2013

DTE Ratio

103.79

Gul Ahmed

Gul Ahmed
2010

2010
LT Liab.
Equity
DTE Ratio

2,429.25
634.79
382.69

2011
LT Liab.
Equity
DTE Ratio
2012

2,497.26
634.79
393.40

2011

LT Liab.
Equity
DTE Ratio

2,096.43
1,269.57

2012

165.13

2013
LT Liab.
Equity

2,155.00
1,523.49
2013

DTE Ratio

141.45

Total Gearing Ratio

Interest Cover

TG = (LT Liab. / Total Equity) * 100

Interest Cover = (P.B.I.T / Interest Expense) * 100

Nishat Mills
2010

LT Liab.
Equity
Reserves

2,980.69
3,516.00
27,860.31

PBIT
Int. Exp.
Int. Cover

TG Ratio

4,412.99
1,126.92
3.92

9.50
2011

LT Liab.
Equity
Reserves

3,372.60
3,516.00
31,877.96

TG Ratio

9.53

PBIT
Int. Exp.
Int. Cover

4.38

2012
PBIT
Int. Exp.

LT Liab.
Equity
Reserves

7,012.96
1,601.05

3,736.88
3,516.00
34,246.75

Int. Cover

5,842.11
1,760.54
3.32

2013
TG Ratio

9.90

LT Liab.
Equity
Reserves

3,649.15
3,516.00
55,401.04

TG Ratio

6.19

PBIT
Int. Exp.
Int. Cover

7,974.43
1,617.58
4.93

Gul Ahmed
2010
LT Liab.
Equity
Reserves

2,429.25
634.79
2,960.98

PBIT
Int. Exp.
Int. Cover

TG Ratio

1,652.83
944.60
1.74976154

67.56
2011

LT Liab.
Equity
Reserves

2,497.26
634.79
4,078.09

TG Ratio

52.99

PBIT
Int. Exp.
Int. Cover
2012

2,635.44
1,097.98
2.40025556

PBIT
Int. Exp.
LT Liab.
Equity
Reserves

2,096.43
1,269.57
3,202.94

Int. Cover

1,374.05
1,375.46
0.9989698

2013
TG Ratio

46.87

LT Liab.
Equity
Reserves

2,155.00
1,523.49
3,905.02

TG Ratio

39.70

PBIT
Int. Exp.
Int. Cover

2,068.65
1,227.52
1.6852255

erest Cover

.I.T / Interest Expense) * 100

Inventory Holding Period

Receivable Collection Pe

IHP = (Av. Inv. (cl. stock) / Cost of Sales) * 365

Nishat Mills

RCP = (Av. Receivables / Credit Sale

Nishat Mills

2010

2010
Avg. Inv.
COS
IHP

6,414.92
25,555.46
91.6221133

2011

2011
Avg. Inv.
COS
IHP

10,906.62
40,718.70
97.7663168

2012

2012
Avg. Inv.
COS
IHP

10,549.27
38,134.91
100.970054

2013

2013
Avg. Inv.
COS
IHP

12,808.14
43,381.55
107.764053

Gul Ahmed

Gul Ahmed
2010

2010
Avg. Inv.
COS
IHP

4,943.90
16,515.93
109.259637

2011

2011
Avg. Inv.
COS
IHP

10,334.36
20,808.84
181.271078

2012

2012
Avg. Inv.
COS
IHP

7,415.45
21,707.74
124.685452

2013

2013
Avg. Inv.
COS

9,673.82
25,689.34

IHP

137.447833

Receivable Collection Period

Payable Recovery Period

RCP = (Av. Receivables / Credit Sales or Sales) * 365

PRP = (Av. Pay. / Cr. or Total Purchase or COS) * 365

Nishat Mills
2010

Avg. Rec.
Sales
RCP

132.86
31,535.65

Avg. Pay.
COS

1.53777184

PRP

1,287.90
25,555.46
18.3946676

2011
Avg. Rec.
Sales
RCP

602.39
48,565.14

Avg. Pay.
COS

4.52739201

PRP

1,374.52
40,718.70
12.3211073

2012
Avg. Rec.
Sales
RCP

34.87
44,924.10

Avg. Pay.
COS

0.28329604

PRP

1,827.23
38,134.91
17.4889443

2013
Avg. Rec.
Sales
RCP

36.00
52,426.03

Avg. Pay
COS

0.25062493

PRP

2,268.05
43,381.55
19.0827118

Gul Ahmed
2010
Avg. Rec.
Sales
RCP

137.26
19,688.79
2.54464519

Avg. Pay.
COS

918.13
16,515.93

PRP

20.290554

Avg. Pay.
COS

1,923.05
20,808.84

2011
Avg. Rec.
Sales
RCP

159.83
25,435.47
2.29356727

PRP

33.7314009

2012
Avg. Rec.
Sales
RCP

169.61
25,063.92

Avg. Pay.
COS

2.47001946

PRP

1,730.76
21,707.74
29.1014118

2013
Avg. Rec.
Sales

346.43
30,201.59

Avg. Pay
COS

2,828.62
25,689.34

RCP

4.18675286

PRP

40.1896432

Payable Recovery Period

y. / Cr. or Total Purchase or COS) * 365