Millat Tractors (KAR:MTL) Other Current Payables: ₨2,057 Mil (As of Mar. 2026)

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KAR:MTL Millat Tractors Ltd KAR:MTL
78 GF Score
Price ₨286.62
GF Value ₨211.38
Valuation Significantly Overvalued
! 6 Warning Signs
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What is Millat Tractors Other Current Payables?

Millat Tractors KAR:MTL -0.33% 78 Other Current Payables is ₨2,057 Mil as of Mar. 2026. GuruFocus rates KAR:MTL with a GF Score™ of 78/100 and a GF Value™ of ₨211.38 (Significantly Overvalued). The stock has 6 warning signs investors should review.

Millat Tractors's Other Current Payables for the quarter that ended in Mar. 2026 was ₨2,057 Mil.

Millat Tractors's quarterly Other Current Payables increased from Sep. 2025 (₨1,902 Mil) to Dec. 2025 (₨2,488 Mil) but then declined from Dec. 2025 (₨2,488 Mil) to Mar. 2026 (₨2,057 Mil).

Millat Tractors's annual Other Current Payables increased from Jun. 2023 (₨1,717 Mil) to Jun. 2024 (₨2,641 Mil) but then declined from Jun. 2024 (₨2,641 Mil) to Jun. 2025 (₨2,034 Mil).


Millat Tractors Other Current Payables Related Terms


Millat Tractors Other Current Payables Historical Data

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The historical data trend for Millat Tractors's Other Current Payables can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Millat Tractors Other Current Payables Chart

Millat Tractors Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Other Current Payables
Get a 7-Day Free Trial Premium Member Only Premium Member Only 572.62 1,022.19 1,716.68 2,641.06 2,033.92

Millat Tractors Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Other Current Payables Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,169.86 2,033.92 1,901.59 2,487.86 2,057.44
KAR:MTL
78GF Score
Millat Tractors Ltd KAR:MTL
Other Current Payables is just one metric. See GF Score™, valuation, warning signs, and more.
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Millat Tractors Other Current Payables Calculation

Other Current Payables is the payables owed and expected to be paid within one year or one operating cycle that not otherwise classified. It includes dividends payable and all other current payables.

Frequently Asked Questions Learn more about Other Current Payables →
What does a Other Current Payables of ₨2,057 Mil mean?
Millat Tractors (KAR:MTL) has a Other Current Payables of ₨2,057 Mil as of Mar. 2026. Other Current Payables is the payables owed and expected to be paid within one year that not otherwise classified. View historical data on Millat Tractors and its competitors.
Is Millat Tractors' Other Current Payables too high?
Millat Tractors' current Other Current Payables is ₨2,057 Mil. Overall, Millat Tractors has a GF Score™ of 78/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Millat Tractors' Other Current Payables compare to CAT and DE?
Millat Tractors' Other Current Payables of ₨2,057 Mil can be compared against companies in the Farm & Heavy Construction Machinery industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Other Current Payables for a Farm & Heavy Construction Machinery company?
A good Other Current Payables depends on the Farm & Heavy Construction Machinery industry context. However, Other Current Payables should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Other Current Payables mean?
A high Other Current Payables can signal that a stock is expensive relative to its fundamentals. Other Current Payables is the payables owed and expected to be paid within one year that not otherwise classified. View historical data on Millat Tractors and its competitors. Millat Tractors's current Other Current Payables is ₨2,057 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Millat Tractors stock overvalued right now?
Based on GuruFocus' analysis, Millat Tractors (KAR:MTL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨211.38, compared to a current price of ₨286.62 — trading 35.6% above its estimated fair value. The current Other Current Payables is ₨2,057 Mil. Millat Tractors' overall GF Score™ is 78/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Other Current Payables calculated?
Other Current Payables is calculated from a company's financial statements. For Millat Tractors (KAR:MTL), the current Other Current Payables is ₨2,057 Mil as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Millat Tractors (KAR:MTL) Overvalued in 2026?

Based on GuruFocus' analysis, Millat Tractors stock appears to be overvalued. The current stock price of ₨286.62 is trading 35.6% above its estimated GF Value™ of ₨211.38. GuruFocus considers Millat Tractors to be Significantly Overvalued.

Key valuation signals for KAR:MTL:

  • Other Current Payables: ₨2,057 Mil
  • GF Value™: ₨211.38 vs. price of ₨286.62 (35.6% above fair value)
  • GF Score™: 78/100 with 6 warning signs

No single metric tells the full story. See the KAR:MTL stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Millat Tractors Business Description

Address 9-KM Sheikhupura Road, Shahdara, P.O Box No. 12023, District Sheikhupura, Lahore, PAK
Millat Tractors Ltd operates in the automobile sector. It is engaged in assembling and manufacturing of agricultural tractors, implements and multi-application products. The Company is also involved in the sale, implementation and support of IFS applications in Pakistan and abroad. The company's operating segment includes Tractors; Tractor components; Castings and Others. It generates maximum revenue from the Tractors segment. The tractor components segment is engaged in the business of manufacturing automotive, agricultural and industrial vehicle parts and components.
78GF Score

Get the complete analysis for KAR:MTL

Other Current Payables is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

₨286.62
Price
₨211.38
GF Value