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Millat Tractors Ltd (MILM)

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595.00 +0.71 +0.12%

19/04 - Closed. Currency in PKR ( Disclaimer )

Type: Equity

Market: Pakistan

ISIN: PK0009801017

S/N: MTL

Volume: 67,155
Bid/Ask: 595.00 / 596.50
Day's Range: 591.00 - 601.65

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PSX:MILM Financials

A brief overview of the PSX:MILM financials. This summary provides an overview of the most significant critical numbers from each of its financial reports, including the income statement, balance sheet, and cash flow statement. Additionally, it features several financial ratios that provide insight into the company's financial health. Users can select to view data from four periods of either annual or quarterly information, allowing them to track financial performance of Millat Tractors Ltd over time.

Millat Tractors Limited reported earnings results for the second quarter and six months ended December 31, 2023. For the second quarter, the company reported sales was PKR 23,647.23 million compared to PKR 6,956.33 million a year ago. Net income was PKR 2,890.37 million compared to PKR 152.49 million a year ago. Basic earnings per share from continuing operations was PKR 16.61 compared to PKR 0.65 a year ago.For the six months, sales was PKR 46,267.42 million compared to PKR 14,521.4 million a year ago. Net income was PKR 5,215.07 million compared to PKR 658.98 million a year ago. Basic earnings per share from continuing operations was PKR 29.4 compared to PKR 3.51 a year ago.

Annual Quarterly

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Advanced Financial Summary

TTM = Trailing Twelve Months

MRQ = Most Recent Quarter

MILM Income Statement

Gross margin TTM 24.76%

Operating margin TTM 19.88%

Net Profit margin TTM 9.95%

Return on Investment TTM 54.32%

Total Revenue Net Income

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Revenue	23647.23	22620.19	15231.52	17386.43
Gross Profit	6677.3	5299.86	3955.75	3600.5
Operating Income	5663.29	4035.17	3635.41	2515.61
Net Income	2890.37	2324.7	1180.6	1453.77

MILM Balance Sheet

Quick Ratio MRQ 0.17

Current Ratio MRQ 1.29

LT Debt to Equity MRQ 8.94%

Total Debt to Equity MRQ 49.73%

Total Assets Total Liabilities

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Total Assets	34177.74	34993.14	29765.03	29992.19
Total Liabilities	22161.75	22550.89	20036.29	21719.34
Total Equity	12015.99	12442.25	9728.75	8272.85

MILM Cash Flow Statement

Cash Flow/Share TTM 69.46

Revenue/Share TTM 411.29

Operating Cash Flow -17.92%

Cash Net Change in Cash

Period Ending:	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023
Period Length:	0 Months	0 Months	0 Months	0 Months
Cash From Operating Activities	-3608.72	12375.69	-462.64	5017.43
Cash From Investing Activities	2667.2	-2624.56	200.44	64.26
Cash From Financing Activities	-3253.91	-41.5	-433.72	-1120.83
Net Change in Cash	-12861.56	9832.61	-675.57	5521.66

* In Millions of PKR (except for per share items)

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View advanced insights on financial statements, including growth rates and metrics that provide an in-depth view of the company's historical and forecasted financial performance.

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MILM Comments

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Waqar Azeem Mar 28, 2024 12:57PM ET

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Mtl is best for long term and good return

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Ijaz Babber law Experts Mar 01, 2024 10:27PM ET

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how can I sell plz guid me

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Muhammad Javed Feb 05, 2024 5:11AM ET

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hold or sell please?

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Ijaz Babber law Experts Feb 05, 2024 5:11AM ET

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plz guid me process if I want to sell mtl share

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Mian Ahmed Nov 19, 2023 1:54AM ET

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hold for Long,, No risk absolutely

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Imran Mughal Jul 10, 2023 5:03PM ET

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what about mtl

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Rise of Batman Mar 15, 2023 12:05AM ET

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Aoa any one can help me about MTl had announce divided + bonus share has been received or not

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Haris Khan Aug 08, 2021 5:12PM ET

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AoA. When is it good time to buy?

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Sardhi Aug 08, 2021 5:12PM ET

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NCL

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Ishtiaq Bokhari Apr 05, 2021 4:17AM ET

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good news

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Rafusa Productions Jan 08, 2021 3:38AM ET

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Millat tractors has just recently began exporting tractors. The stock will be bullish in the coming days for sure.

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Mudassra Sultan Jan 08, 2021 3:38AM ET

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how l can buy here

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Ather Virk Dec 08, 2020 4:13AM ET

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By analysing the SMA 20, 50 and 200 patterns, it is evident that MTL will continue bullish for some time with little corrections. However, as the SMA difference between 200 and 50 is quite wide, the relative comfort for mid term and long term investors is there. For day traders and swing traders, it is time to plan exit strategy due to SMA 20 and current rate are quite extended and expected correction is evident.

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