Panther Tyres Limited
By PSX Investors Zone · Updated October 20, 2026

Panther Tyres Limited (PTL) is a Pakistan Stock Exchange-listed company engaged in manufacturing tyres and tubes for vehicles and trading automobile lubricants and spare parts. In FY2026, the company reported revenue of approximately Rs.36.34 billion, profit after tax of Rs.1.31 billion and earnings per share of Rs.7.82. Its gross profit margin improved to 15.60%, compared with 13.09% in FY2025. Investors should also monitor working-capital requirements, financing costs, cash flow, export-market conditions and the PSX Risk Warning Alert. PTL was included as Shariah-compliant in the screening effective June 5, 2026, based on December 31, 2025 accounts; the latest applicable screening should be checked before investment decisions. Sources: [PSX profile](https://dps.psx.com.pk/company/PTL) | [FY2026 annual report](https://financialfilings.com/filings/panther-tyres-ltd/annual-report/2026/64210731/) | [Shariah screening](https://www.maalify.co/shariah/PTL)
Panther Tyres Limited (PTL) — Company Profile and Fundamental Analysis
Panther Tyres Limited is a company listed on the Pakistan Stock Exchange (PSX) under the symbol PTL. It manufactures tyres and tubes for vehicles and also trades in automobile lubricants and spare parts.
Official website: https://www.panthertyres.com/
Business Overview
Panther Tyres serves Pakistan’s automotive and replacement-tyre markets. Its business performance can be influenced by vehicle sales, replacement demand, raw-material prices, production efficiency, competition, interest expenses and regional trade conditions.
The company became a public limited company on October 10, 2003, and was listed on the PSX on February 22, 2021. Its registered office is at Panther House, 97-B, Aziz Avenue, Lahore, while its factory is located on Sheikhupura Road.
Financial Performance
According to the company’s FY2026 financial results, PTL delivered improved annual profitability.
| Financial metric | FY2026 | FY2025 |
|---|---|---|
| Revenue | Rs.36.34 billion | Rs.32.57 billion |
| Gross profit | Rs.5.67 billion | Rs.4.26 billion |
| Profit after tax | Rs.1.31 billion | Rs.431.83 million |
| Earnings per share | Rs.7.82 | Rs.2.57 |
| Gross profit margin | 15.60% | 13.09% |
| Net profit margin | 3.61% | 1.33% |
Revenue increased by approximately 11.6%, while profit after tax more than doubled. The gross margin improvement indicates stronger gross profitability relative to revenue.
However, profitability should not be considered in isolation. The annual report shows net cash generated from operating activities of approximately Rs.177.52 million in FY2026, compared with Rs.1.257 billion in FY2025. This makes working-capital movements and cash conversion important areas to monitor.
Source: Panther Tyres Annual Report 2026
Dividend Information
The Board recommended a final cash dividend of Rs.2 per share (20%) for FY2026, subject to shareholder approval. The company’s announcement also stated that interim dividends of Rs.2 per share had already been paid during the financial year.
Check the latest company announcement for confirmation of shareholder approval, entitlement and payment status before presenting the final dividend as paid.
Source: FY2026 results announcement
Share Price and Valuation
The PSX profile displayed a share price of Rs.46.76 as of October 15, 2026, at 3:44 PM. The 52-week range shown at that time was Rs.46.01–65.88, and the trailing P/E ratio was 6.04.
These are historical market-data snapshots, not live quotes. Refresh the figures from the PSX profile before publishing or updating this page. A low P/E ratio alone does not establish that a stock is undervalued; investors should also consider earnings sustainability, debt, cash flow, risks and future growth prospects.
Source: PSX — PTL company profile
Shariah Compliance Status
PTL was listed as Shariah-compliant in the screening effective June 5, 2026, based on accounts as of December 31, 2025.
The reported screening ratios were:
- Debt ratio: 32.84%
- Non-compliant investment ratio: 0.89%
- Non-compliant income ratio: 0.14%
- Illiquid assets ratio: 74.12%
These screening figures are tied to the specified review period and may change at a subsequent review. Confirm the latest official PSX screening notice before describing PTL as currently compliant. Screening information is educational and does not constitute a personal religious ruling or investment recommendation.
Source: PTL Shariah screening details
Important Risk Warning
The PSX company profile displays a Risk Warning Alert referring to continuous violations under specified PSX regulations and potential suspension or delisting risk. Investors should read the latest official PSX notices and company disclosures to understand the applicable issue and its current status. The alert alone does not confirm that trading has already been suspended or that the company has been delisted.
Source: PSX — PTL company profile and announcements
Key Factors for Investors to Monitor
- Earnings growth: Whether the FY2026 improvement continues in subsequent reporting periods.
- Cash flow: Whether accounting profit converts into stronger operating cash generation.
- Financing costs: The effect of borrowing costs on net profitability.
- Working capital: Inventory and receivables requirements as sales expand.
- Exports and regional trade: Changes in export demand and cross-border trade conditions.
- Shariah screening: Any change in the company’s status at a future review.
- PSX notices: Updates concerning the Risk Warning Alert and regulatory compliance.
Official References
- Pakistan Stock Exchange — PTL
- Panther Tyres Limited — Official Website
- FY2026 Annual Report
- FY2026 Financial Results Announcement
- PTL Shariah Screening Information
Disclaimer: This profile is for educational and informational purposes only. It is not a recommendation to buy or sell PTL. Verify the latest financial statements, market price, PSX notices and Shariah screening before making any investment decision.
This profile is for educational purposes and is not a recommendation to buy or sell any security.