Murree Brewery Company Limited has reported a strong financial performance for the quarter ended September 30, 2026, posting higher revenue and profitability compared with the corresponding period last year. The company also announced an interim cash dividend of Rs. 6.50 per share, reflecting its continued commitment to shareholder returns.
According to the company’s financial results submitted to the Pakistan Stock Exchange (PSX) on October 23, 2026, net turnover increased to Rs. 8.81 billion, compared with Rs. 8.07 billion in the same quarter of 2025, representing growth of approximately 9.2%.
Profitability Shows Significant Improvement
Murree Brewery’s gross profit rose to Rs. 2.44 billion during the quarter, compared with Rs. 2.14 billion in the corresponding period last year. Operating profit also improved to Rs. 1.68 billion from Rs. 1.40 billion, demonstrating stronger operating performance.
The company’s profit before tax increased to Rs. 1.87 billion, up from Rs. 1.57 billion a year earlier. Meanwhile, profit for the period climbed to Rs. 1.18 billion, compared with Rs. 960.36 million in the corresponding quarter of 2025.
This represents an increase of approximately 22.4% in quarterly net profit, highlighting the company’s improved earnings performance.
Earnings per share also strengthened, rising to Rs. 42.49 from Rs. 34.72 in the same period last year. The increase provides a further indication of the company’s improved profitability during the reporting period.
Board Announces Rs. 6.50 Per Share Dividend
Alongside its financial results, the board of directors recommended an interim cash dividend of Rs. 6.50 per share, equivalent to 65%, for the quarter ended September 30, 2026. The dividend is in addition to the interim dividend already paid, which the company reported as nil per share.
According to the announcement, shareholders whose names appear in the company’s register on November 3, 2026, will be eligible for the entitlement. The share transfer books are scheduled to remain closed from November 4 to November 5, 2026, inclusive.
The board did not recommend any bonus shares, right shares or other corporate entitlements in the announcement.
Financial Position Remains Substantial
The company’s balance sheet showed total assets of approximately Rs. 26.10 billion as of September 30, 2026, compared with Rs. 26.28 billion at June 30, 2026. Total equity stood at Rs. 21.54 billion, while total liabilities amounted to Rs. 4.56 billion.
Cash and bank balances increased to approximately Rs. 4.77 billion from Rs. 4.15 billion at the end of June 2026. This improvement in cash balances indicates a stronger cash position at the end of the reporting period.
The cash flow statement also showed net cash generated from operating activities of Rs. 585.23 million, compared with Rs. 348.63 million in the corresponding period last year.
Outlook for Investors
Murree Brewery’s latest results highlight growth in revenue, operating profit, net earnings and earnings per share. The announced dividend may also attract the attention of investors seeking companies with a record of distributing cash to shareholders.
However, investors should consider the company’s future sales performance, operating costs, cash flows and valuation when assessing its shares. A single quarter’s results do not necessarily guarantee that the same growth rate will continue in future periods.
Overall, Murree Brewery’s September 2026 quarterly results reflect an improvement in financial performance compared with the same period last year. With higher earnings and an interim dividend recommendation, the company has delivered a positive quarterly update for the market.
