NATR.PSX—53

National Refinery Ltd

Oil & Gas Refining and MarketingVerified

Score breakdown

Sentiment+15Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion82AI synthesis40Observations3

National Refinery Ltd (NATR.PSX) is currently classified as Oil & Gas within Oil & Gas Refining and Marketing (Energy). Classification confidence: 0.92 (verified market data). Capital structure on the latest snapshot: total assets 149,495,621,000 PKR, total equity 50,316,381,000, short-term debt 0, long-term debt 60,883,385,000. Net cash position is approximately -60,883,385,000 PKR. Profitability profile: revenue 307,662,853,000, gross profit -6,234,231,000, operating income -7,696,489,000, net income -14,866,922,000. Return on equity ~-29.5%. Return on assets ~-9.9%. Operating-cash-flow to net-income ratio is 0.42. Risk profile from automated assessment: liquidity risk medium, dilution risk low. Flags: Net cash is negative after subtracting total debt..

30-day price · NATR.PSX-22.21 (-5.8%)

Low$357.06High$423.10Close$359.00As of4 May, 00:00 UTC

Profile

CompanyNational Refinery Ltd

TickerNATR.PSX

SectorEnergy

BusinessEnergy - Fossil Fuels

Industry groupEnergy - Fossil Fuels

IndustryOil & Gas Refining and Marketing

AI analysis

Business. National Refinery Ltd is classified under Energy / Oil & Gas Refining and Marketing and appears not currently profitable on the latest normalized snapshot.

Classification. Classification confidence is 0.92 based on verified market data; matched terms: Oil & Gas Refining and Marketing, Energy - Fossil Fuels, Energy.

Key takeaways

Return on equity is about -29.5%.
Debt to equity is about 1.21x.

Financial snapshot

PeriodHA-latest

CurrencyPKR

Revenue$307.66B

Gross profit-$6.23B

Operating income-$7.70B

Net income-$14.87B

R&D—

SG&A—

D&A—

SBC—

Operating cash flow-$6.21B

CapEx-$1.70B

Free cash flow-$13.06B

Total assets$149.50B

Total liabilities$99.18B

Total equity$50.32B

Cash & equivalents—

Long-term debt$60.88B

Annual history (last 5)

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Quarterly history (last 4)

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book$50.32B

Net cash-$60.88B

Current ratio0.8

Debt/Equity1.2

ROA-9.9%

ROE-29.5%

Cash conversion42.0%

CapEx/Revenue-0.5%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Oil & Gas · cohort 184 companies

MetricNATR.PSXActivity

Op margin-2.5%15.4% medp25 -3260.6% · p75 43.2%below median

Net margin-4.8%24.1% medp25 -1.6% · p75 41.0%bottom quartile

Gross margin-2.0%20.0% medp25 5.5% · p75 48.5%bottom quartile

R&D / revenue—2.5% medp25 2.5% · p75 2.5%

CapEx / revenue-0.5%-14.7% medp25 -50.8% · p75 -1.4%top quartile

Debt / equity121.0%37.1% medp25 26.9% · p75 69.5%top quartile

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-06 12:17 UTC#421650a6

Source: analysis-pipeline (hybrid)Generated: 2026-05-06 12:26 UTCJob: e7ced5db