FIRST CAPITAL· SIGNA RESEARCH
KSE CLOSEDKSE-100 · PSX--:--:-- PKTDATA AS OF 11 JUN 2026 · EOD

INDU

Indus Motor Company
AUTOMOBILES

LAST · PKR

2,204.00
+8.96 +0.41%

52W RANGE

1,669.372,226.96
96% OF RANGE · YTD +12.8%
01 / INDU — 1 YearAS OF 11 JUN 2026 · EOD
PERIOD 1Y · 250 SESSIONS

Source: PSX, First Capital Research. Data as of 11 Jun 2026, EOD.

02 / Fundamentals
Market cap
173bn
P/E (ttm)
9.2×
EPS (ttm)
239.57
Dividend yield
5.7%
Return on equity
26.1%
Beta
0.70
Free float
25%
52W high
2,226.96
52W low
1,669.37
1D change
+0.41%
YTD return
+12.8%

Toyota franchise assembler; market leader in passenger cars and light commercial vehicles.

03 / Research NoteNEUTRAL

SIGNA DESK · FIRST CAPITAL RESEARCH · 11 JUN 2026 · EOD

Indus Motor Company: solid franchise, fair price — earnings, not the payout, set the pace

Indus Motor Company (INDU) trades at 9.2× trailing earnings with a 5.7% dividend yield, sitting 96% of the way up its 52-week range. Return on equity of 26.1% comfortably clears the market's cost of equity, and the 25% free float keeps the name tightly held — flows matter more than fundamentals on any given day.

Within the automobiles space, the setup is balanced: valuation neither stretches nor compels, and the dividend underpins total return. At 0.70 beta the name damps index swings, which suits income-led mandates in a falling-rate tape. Capital appreciation, not the payout, has to carry the return from here.

AT A GLANCE

Stance
NEUTRAL
P/E (ttm)
9.2×
Dividend yield
5.7%
Beta
0.70
52W position
96%
YTD return
+12.8%

— GENERATED BY SIGNA · NOT INVESTMENT ADVICE

04 / Sector Peers
SymbolLastChg %P/EM. Cap1Y
INDUIndus Motor Company— THIS PAGE2,204.00+0.41%9.2×173bn
MTLMillat Tractors752.50−0.87%10.8×84bn

Source: PSX, First Capital Research. Data as of 11 Jun 2026, EOD.