National Refinery (KAR:NRL) Tax Provision: ₨-5,218 Mil (TTM As of Mar. 2026)

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KAR:NRL National Refinery Ltd KAR:NRL
69 GF Score
Price ₨437.50
GF Value ₨332.92
Valuation Significantly Overvalued
! 4 Warning Signs
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What is National Refinery Tax Provision?

National Refinery KAR:NRL +0.54% 69 Tax Provision is ₨-5,218 Mil as of Mar. 2026. GuruFocus rates KAR:NRL with a GF Score™ of 69/100 and a GF Value™ of ₨332.92 (Significantly Overvalued). The stock has 4 warning signs investors should review.

National Refinery's tax provision for the three months ended in Mar. 2026 was ₨-4,340 Mil. Its tax provision for the trailing twelve months (TTM) ended in Mar. 2026 was ₨-5,218 Mil.

National Refinery Tax Provision Historical Data

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The historical data trend for National Refinery's Tax Provision 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.

National Refinery Tax Provision Chart

National Refinery Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Tax Provision
Get a 7-Day Free Trial Premium Member Only Premium Member Only 369.89 -2,731.26 659.66 2,865.73 3,160.73

National Refinery Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Provision 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 500.49 608.36 -843.44 -642.94 -4,340.00
KAR:NRL
69GF Score
National Refinery Ltd KAR:NRL
Tax Provision is just one metric. See GF Score™, valuation, warning signs, and more.
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National Refinery Tax Provision Calculation

Tax to be paid.

Tax Provision for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was ₨-5,218 Mil.

* 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.

Frequently Asked Questions Learn more about Tax Provision →
What does a Tax Provision of ₨-5,218 Mil mean?
National Refinery (KAR:NRL) has a Tax Provision of ₨-5,218 Mil as of Mar. 2026. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on National Refinery and its competitors.
Is National Refinery's Tax Provision too high?
National Refinery's current Tax Provision is ₨-5,218 Mil. Overall, National Refinery has a GF Score™ of 69/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does National Refinery's Tax Provision compare to MPC and VLO?
National Refinery's Tax Provision of ₨-5,218 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Provision for an Oil & Gas company?
A good Tax Provision depends on the Oil & Gas industry context. However, Tax Provision 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 Tax Provision mean?
A high Tax Provision can signal that a stock is expensive relative to its fundamentals. Provision for taxes is the amount of tax the company owes based on pre-tax income. View historical data on National Refinery and its competitors. National Refinery's current Tax Provision is ₨-5,218 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is National Refinery stock overvalued right now?
Based on GuruFocus' analysis, National Refinery (KAR:NRL) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨332.92, compared to a current price of ₨437.50 — trading 31.4% above its estimated fair value. The current Tax Provision is ₨-5,218 Mil. National Refinery's overall GF Score™ is 69/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Provision calculated?
Tax Provision is calculated from a company's financial statements. For National Refinery (KAR:NRL), the current Tax Provision is ₨-5,218 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 National Refinery (KAR:NRL) Overvalued in 2026?

Based on GuruFocus' analysis, National Refinery stock appears to be overvalued. The current stock price of ₨437.50 is trading 31.4% above its estimated GF Value™ of ₨332.92. GuruFocus considers National Refinery to be Significantly Overvalued.

Key valuation signals for KAR:NRL:

  • Tax Provision: ₨-5,218 Mil
  • GF Value™: ₨332.92 vs. price of ₨437.50 (31.4% above fair value)
  • GF Score™: 69/100 with 4 warning signs

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

National Refinery Business Description

Industry EnergyOil & Gas
Address 7-B, Korangi Industrial Area, P.O. Box 8228, Karachi, PAK, 74900
National Refinery Ltd is a Pakistan-based company engaged in manufacturing and supplying fuel products, lubes, BTX, asphalts and specialty products for domestic consumption and export. It is also involved in the crude oil refining business. The company operates through two segments namely Fuel and Lube. The Fuel segment, which is the key revenue driver, is engaged in the production of high-speed diesel, naphtha, motor gasoline, liquefied petroleum gas, jet fuels, and furnace oil. The Lube segment produces multiple grades of lube base oils, bitumen, waxes and rubber process oil and some quantities of other fuel products. It derives maximum revenue from Fuel Segment.
69GF Score

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

₨437.50
Price
₨332.92
GF Value