Pakistan Stock Exchange (PSX) · Pakistan · Updated after 27 Oct 2026 close

Thal Ltd

THALL · Pakistan Stock Exchange (PSX) · prices in PKR

PKR 494.16▲ +4.16 (0.85%)

Research report Historical data

About Thal Ltd

Thal Limited is a Karachi-based manufacturer of jute goods, engineering goods, papersack and laminate sheets. Jute goods are products made from natural jute fibre, a strong and biodegradable material commonly woven into sacks, bags and carpet backing. Laminate sheets are layered materials formed by bonding sheets together under heat and pressure, and papersack refers to heavy-duty paper bags used for packaging bulk goods. The company makes all of these lines.

On this site Thal Ltd appears as a stock on the Pakistan Stock Exchange (PSX), code THALL, with prices in Pakistani rupees (PKR). Our dividend records, which start in 2019, show payments in 8 different calendar years. The Market X-Ray on this page is price-based and compares it with other stocks on the same exchange; it does not measure how healthy the business is.

Market X-Ray · price-based

Weak price profile

Ranks #299 of 542 on the Pakistan Stock Exchange (PSX) · confidence High

What this score is, and is not

It describes how this stock has traded: trend, momentum, risk, liquidity and dividends, each ranked against the other stocks on its own exchange. It does not measure how healthy or cheap the business is. That fundamental X-Ray needs financial statements, which we do not have for Pakistan yet.

TrendWeak

32/100

Below its long-term averages and far from its highs.

See the numbers →

Above 200-day average-14.3%

From 52-week high-29.2%

MomentumWeak

32/100

Lagging most stocks on this exchange.

See the numbers →

3-month return-13.8%

6-month return-27.1%

12-month, skipping last month-7.6%

Stability (higher is calmer)Strong

71/100

Calmer than most: low volatility and shallow drawdowns.

See the numbers →

Volatility, 1 year (lower is calmer)43.0%

Worst drawdown, 1 year (smaller is calmer)-27.7%

LiquidityFair

57/100

Moderate trading activity.

See the numbers →

Avg daily value traded7.03M PKR

Zero-volume days0.0%

IncomeFair

61/100

Dividend is typical for this exchange.

See the numbers →

Dividend yield6.1%

Years with dividends5

Price-based X-Ray. The fundamental X-Ray (financial health, valuation, growth, fair value) is available for US stocks today. It will follow for Pakistan when fundamentals data for this market is added. All Pakistan stocks.

Price trend

Below its 200-day average

Versus its 50- and 200-day averages

52-week range

490.00 – 730.00

Price is 2% of the way up

Returns

−13.8% 3m · −8.9% 1y

Price returns, dividends not included

RSI (14)

Neutral zone

Fair value estimate · limited data

PKR 636.66range of models 608.10 – 690.52

Undervalued +28.8% to fair value

Average of the 3 valuation models that pass our checks. Undervalued or Overvalued means the gap to fair value is more than 17.5%. Model uncertainty is High.

PSX income statement only (no balance sheet or cash flow): only earnings and sales models can be built. Their weights were fitted to a professional consensus-style valuation of Pakistani stocks and checked on stocks that were not used for the fit, but they use no analyst forecasts. Treat this as a rough estimate.

P/E multiple

PKR 690.52

P/S multiple

PKR 608.10

P/E on average earnings

PKR 611.35

Each model multiplies the company's trailing-twelve-month earnings (or sales) by a multiple that blends its own current multiple, its own history and its sector median. Earnings per share by fiscal year, newest first: 103.14, 31.57, 27.03, 33.95. Source: statements and price from the Pakistan Stock Exchange portal and end-of-day data. A model estimate, not a price target or advice. How it works.

Factor ratings for THALL

Each factor is rated by where THALL stands among the 12 stocks of its PSX sector (Automobile Parts & Accessories; all PSX stocks when the sector is too small for a fair comparison).

Rating against the group

Goodthe top third of these stocks

Averagethe middle third of these stocks

Badthe bottom third of these stocks

"Beats" is the share of those stocks it is ahead of.

Against its own history

The last columns set the latest year's profit margin against the company's own three earlier years:

▲ Betterbetter than its usual level

▼ Worseworse than its usual level

≈ In linewithin its usual range

For valuation factors Good means cheaper than most of the group, which is not the same as a bargain.

In total: 6 Good · 5 Average · 1 Bad of 12 Growth: 3 · 1 · 0 Profitability: 1 · 0 · 0 Valuation: 1 · 1 · 0 Price risk and momentum: 1 · 1 · 1 Liquidity: 0 · 2 · 0

Factor	THALL	Rating	Group median	Own earlier years	Against own history
Growth
Sales growth, last financial year	+21.4%	Good beats 78%	+7.1%	–	–
Sales growth, 3 years a year	+4.0%	Average beats 38%	+7.4%	–	–
Profit growth, last financial year	+226.7%	Good beats 92%	+8.0%	–	–
EPS growth, 3 years a year	+44.8%	Good beats 81%	+9.3%	–	–
Profitability
Net profit margin	23.2%	Good beats 90%	3.8%	8.6%	▲ Better
Valuation
P/E ratio (last 12 months)	4.8x	Good beats 83%	9.1x	–	–
Price / sales	1.1x	Average beats 37%	0.7x	–	–
Price risk and momentum
Volatility, 1 year	43.0%	Bad beats 29%	40.9%	–	–
Worst drawdown, 1 year	−27.7%	Good beats 79%	−39.8%	–	–
12-month return, skipping the last month	−7.6%	Average beats 44%	−3.6%	–	–
Liquidity
Average daily value traded	PKR 7.0M	Average beats 54%	PKR 6.5M	–	–
Days with no trading	0.0%	Average beats 50%	0.0%	–	–

Built from the income-statement summary the Pakistan Stock Exchange publishes (sales, profit and EPS for up to four financial years, trailing P/E, market value) and our own end-of-day prices. The PSX portal has no balance sheet or cash flow, so there are no debt, cash-flow or book-value factors. A factor is left out when its data is missing or meaningless (for example a P/E on a loss). These ratings compare companies with each other and describe the past; they are not a forecast, a recommendation or part of the Market X-Ray.

Price chart

Interactive chart Historical data & CSV

52-wk range 490.00 – 730.00 Daily closes, split-adjusted

Signals

50-day average516.83

200-day average576.36

Golden/death cross (60d)Death, 42 days ago

New 52-week highNo

Bullish RSI divergenceNo

Average daily range (ATR)12.54

Technical summary

Daily

Strongly bearish

1 bullish · 3 neutral · 12 bearish

Weekly

Strongly bearish

1 bullish · 1 neutral · 10 bearish

Monthly

Bearish

2 bullish · 1 neutral · 5 bearish

Moving averages (daily)

SMA 10	499.4	Bearish
EMA 10	497.0	Bearish
SMA 20	499.5	Bearish
EMA 20	501.1	Bearish
SMA 50	516.8	Bearish
EMA 50	517.9	Bearish
SMA 100	551.3	Bearish
EMA 100	538.8	Bearish
SMA 200	576.4	Bearish
EMA 200	545.9	Bearish

Oscillators (daily)

RSI (14)	41.37	Neutral
MACD (12, 26)	-6.48	Bearish
Momentum (12)	-0.48	Bearish
Stochastic %K (14)	29.17	Neutral
Williams %R (14)	-70.83	Neutral
CCI (20)	-104.7	Bullish

Pivot points (classic, last session)

482.1

486.0

490.1

Pivot

494.1

498.1

502.1

506.1

Signals describe what the chart is doing, not what to do. Moving averages: price above the average is bullish. Oscillators use the usual thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20; MACD and momentum above zero are bullish). Weekly and monthly views use closing prices only.

Dividends

Paid, last 12 months

30.00 PKR

Yield on today's price

6.07%

Frequency

Semi-annual

Next ex-dividend date

Not announced

Tap a dividend date to compare the dividend yield on that day with today's.

Ex-dividend date	Amount per share
	15.0000
This payment: 15.0000 PKR per share, ex-dividend 15 Oct 2026. On 15 Oct 2026 5.92% Share price that day 506.95 PKR. Dividends in the 12 months up to that day: 30.00 PKR (15.00 + 15.00). Today, latest close 27 Oct 2026 6.07% Share price 494.16 PKR. Dividends in the last 12 months: 30.00 PKR (15.00 + 15.00). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	15.0000
This payment: 15.0000 PKR per share, ex-dividend 20 Feb 2026. On 20 Feb 2026 3.85% Share price that day 649.20 PKR. Dividends in the 12 months up to that day: 25.00 PKR (15.00 + 6.00 + 4.00). Today, latest close 27 Oct 2026 6.07% Share price 494.16 PKR. Dividends in the last 12 months: 30.00 PKR (15.00 + 15.00). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	6.0000
This payment: 6.0000 PKR per share, ex-dividend 10 Oct 2025. On 10 Oct 2025 1.78% Share price that day 562.35 PKR. Dividends in the 12 months up to that day: 10.00 PKR (6.00 + 4.00). Today, latest close 27 Oct 2026 6.07% Share price 494.16 PKR. Dividends in the last 12 months: 30.00 PKR (15.00 + 15.00). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	4.0000
This payment: 4.0000 PKR per share, ex-dividend 7 Mar 2025. On 7 Mar 2025 2.57% Share price that day 389.05 PKR. Dividends in the 12 months up to that day: 10.00 PKR (4.00 + 6.00). Today, latest close 27 Oct 2026 6.07% Share price 494.16 PKR. Dividends in the last 12 months: 30.00 PKR (15.00 + 15.00). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	6.0000
This payment: 6.0000 PKR per share, ex-dividend 15 Oct 2024. On 15 Oct 2024 2.07% Share price that day 385.68 PKR. Dividends in the 12 months up to that day: 8.00 PKR (6.00 + 2.00). Today, latest close 27 Oct 2026 6.07% Share price 494.16 PKR. Dividends in the last 12 months: 30.00 PKR (15.00 + 15.00). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	2.0000
This payment: 2.0000 PKR per share, ex-dividend 7 Mar 2024. On 7 Mar 2024 2.93% Share price that day 290.00 PKR. Dividends in the 12 months up to that day: 8.50 PKR (2.00 + 6.50). Today, latest close 27 Oct 2026 6.07% Share price 494.16 PKR. Dividends in the last 12 months: 30.00 PKR (15.00 + 15.00). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	6.5000
This payment: 6.5000 PKR per share, ex-dividend 13 Oct 2023. On 13 Oct 2023 3.42% Share price that day 233.75 PKR. Dividends in the 12 months up to that day: 8.00 PKR (6.50 + 1.50). Today, latest close 27 Oct 2026 6.07% Share price 494.16 PKR. Dividends in the last 12 months: 30.00 PKR (15.00 + 15.00). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	1.5000
This payment: 1.5000 PKR per share, ex-dividend 6 Mar 2023. On 6 Mar 2023 2.23% Share price that day 179.00 PKR. Dividends in the 12 months up to that day: 4.00 PKR (1.50 + 2.50). Today, latest close 27 Oct 2026 6.07% Share price 494.16 PKR. Dividends in the last 12 months: 30.00 PKR (15.00 + 15.00). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	2.5000
This payment: 2.5000 PKR per share, ex-dividend 12 Oct 2022. On 12 Oct 2022 2.82% Share price that day 265.76 PKR. Dividends in the 12 months up to that day: 7.50 PKR (2.50 + 5.00). Today, latest close 27 Oct 2026 6.07% Share price 494.16 PKR. Dividends in the last 12 months: 30.00 PKR (15.00 + 15.00). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	5.0000
This payment: 5.0000 PKR per share, ex-dividend 7 Mar 2022. On 7 Mar 2022 5.01% Share price that day 339.00 PKR. Dividends in the 12 months up to that day: 17.00 PKR (5.00 + 6.00 + 6.00). Today, latest close 27 Oct 2026 6.07% Share price 494.16 PKR. Dividends in the last 12 months: 30.00 PKR (15.00 + 15.00). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	6.0000
This payment: 6.0000 PKR per share, ex-dividend 14 Oct 2021. On 14 Oct 2021 4.39% Share price that day 364.80 PKR. Dividends in the 12 months up to that day: 16.00 PKR (6.00 + 6.00 + 4.00). Today, latest close 27 Oct 2026 6.07% Share price 494.16 PKR. Dividends in the last 12 months: 30.00 PKR (15.00 + 15.00). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.
	6.0000
This payment: 6.0000 PKR per share, ex-dividend 4 Oct 2021. Today, latest close 27 Oct 2026 6.07% Share price 494.16 PKR. Dividends in the last 12 months: 30.00 PKR (15.00 + 15.00). Dividend yield = dividends paid in the 12 months up to that day divided by the share price that day, before tax. Past dividends are not a promise of future ones.

Ex-dividend dates and amounts from our market-data provider. Shown as declared, before tax. For Pakistani companies a future date appears only once our data provider lists it as declared; the exchange's own list of book closures is on dps.psx.com.pk/payouts.

Prices are end-of-day closes in PKR. Educational only, not financial advice.