$MARI MARI Energies Limited (MARI): 1QFY26 EPS fell to PKR 13.0/sh down 19% YoY – By Foundation Research
$MARI
Mari Energies Limited
Rs. 650.45
+0.03%
- MARI Energies Limited (MARI) profitability clocked-in at PKR 15.6Bn, EPS of PKR 13.0/sh, (down 19/17% YoY/QoQ) in 1QFY26 as compared to profit of PKR 19.2Bn, EPS of PKR 16.0/sh in 1QFY25. The company skipped an interim dividend. The results are in line with our estimates.
- Net sales of PKR 45.4Bn were recorded in 1QFY26, flat YoY/up 2% QoQ. The company booked a total royalty charge of PKR 11.3Bn, up 2.0x/8% YoY/QoQ. Surge in royalty charges is on the back of incremental well head expense. Opex remained under control and increased by a mere 4% YoY.