Sitara Petroleum Service Limited
SPSL · Oil & Gas Marketing Companies · Company only accounts
Business
Valuation
at the 30 Oct 2026 priceHigher means cheaper under the model. It says nothing about business quality.
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Analysis
Written by AI from the scores and reportsSitara Petroleum Service Limited gets a “Stable” health verdict and a “Cheap” valuation score. Positives: profitability score 52.8, financial strength 85.1, cash quality 70.6 and outlook 80.7. ROE is 12.3%, above the T-bill rate; current ratio is 2.31; receivable days are 23. The company also improved margins and cut finance costs in Q1 FY27, though revenue fell sharply after GO supply disruption. Negatives: growth score is 0.0, with only one year of EPS growth and one dividend-paying year in the last five. Net margin is 3.9%, and shareholder returns score is 41.3. Valuation looks cheap on P/E 4.07 and P/B 1.13, with dividend yield 7.95%, but that yield is 3.05% below the T-bill rate. The scorecard lists no red flags. Macro context: inflation, high interest rates and geopolitical uncertainty may pressure fuel demand and costs; the SBP has held its policy rate steady, while one digest notes it was raised to 11.5% in April 2026.
Calculated 31 Oct 2026. Not investment advice; the figures above are the reference.
Latest report
period ended 30 Sept 2026SPSL's Q1 FY27 (quarter ended September 30, 2026) revenue fell 65% to Rs 12.25 billion from Rs 34.89 billion, mainly on supply disruption from GO (page 1, page 3). Gross margin improved to 8.22% from 5.92% as carriage services grew, and other operating income rose to Rs 229 million (page 1, page 3). Profit after tax was Rs 672 million versus Rs 1,292 million, with EPS of Rs 0.40 versus Rs 0.77 (page 3). Finance costs fell 49% to Rs 169 million, and a new associate loss of Rs 49 million was recorded (page 3). Equity grew to Rs 18.67 billion, and borrowings including leases declined about Rs 924 million to Rs 5.17 billion, with the current ratio improving to 2.31 (page 1, page 2). Operating cash flow of Rs 1.52 billion funded Rs 1.09 billion of investments, mainly capital work-in-progress and a land advance (page 1, page 6). Management is focused on restoring volumes, protecting margins and reducing debt, but warns that inflation and high rates may weigh on demand (page 1).
All report summaries →Latest developments
View businessAcquired 29.99% equity stake in Capital Smart Motors (Pvt) Ltd, an EV importer/distributor, now an associate; share of loss Rs 28.3 million in prior findings and Rs 49.3 million in the current period.
First-quarter report FY27Advance payment of Rs 300 million against land purchase in Q1 FY27 (cash flow), following Rs 844 million advance in the nine months to March 31, 2026.
First-quarter report FY27Initial public offering completed, raising share premium of Rs 4,385 million net of transaction costs (share capital increased to Rs 1,680 million).
First-quarter report FY27
Financial years end in Jun (FY26 = Jul 2025 – Jun 2026). Amounts in Pakistani rupees: mn = million, bn = billion.