Nishat Mills (KAR:NML) Tax Expense: ₨3,494 Mil (TTM As of Mar. 2026)


KAR:NML Nishat Mills Ltd KAR:NML
75 GF Score
Price ₨162.56
GF Value ₨78.64
Valuation Significantly Overvalued
! 7 Warning Signs
View Full Analysis

What is Nishat Mills Tax Expense?

Nishat Mills KAR:NML -0.68% 75 Tax Expense is ₨3,494 Mil as of Mar. 2026. GuruFocus rates KAR:NML with a GF Score™ of 75/100 and a GF Value™ of ₨78.64 (Significantly Overvalued). The stock has 7 warning signs investors should review.

Nishat Mills's tax expense for the months ended in Mar. 2026 was ₨1,228 Mil. Its tax expense for the trailing twelve months (TTM) ended in Mar. 2026 was ₨3,494 Mil.


Nishat Mills  (KAR:NML) Tax Expense Explanation

In the long run, income before tax and taxable income will likely be more similar than they are in any given period. If the one is less in earlier years, then it will be greater in later years. Deferred taxes will reverse themselves in the long run and in total will zero out, unless there is something like a change in tax rates in the intervening period. A deferred tax payable results from a tax break in the early years and will reverse itself in later years; a deferred tax receivable results from more taxes being paid in early years than the tax expense reported to shareholders and will again reverse itself in later years. The deferred tax amount is computed by estimating the amount and the timing of the reversal and multiplying that by the appropriate tax rates.


Nishat Mills Tax Expense Related Terms


Nishat Mills Tax Expense Historical Data

* Premium members only.

The historical data trend for Nishat Mills's Tax Expense 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.

Nishat Mills Tax Expense Chart

Nishat Mills Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Tax Expense
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,918.64 4,354.40 4,628.86 5,098.66 7,057.68

Nishat Mills Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Tax Expense 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 1,313.59 2,319.03 1,298.20 -1,351.82 1,228.16
KAR:NML
75GF Score
Nishat Mills Ltd KAR:NML
Tax Expense is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Nishat Mills Tax Expense Calculation

Tax paid by the company. It is computed in by multiplying the income before tax number, as reported to shareholders, by the appropriate tax rate. In reality, the computation is typically considerably more complex due to things such as expenses considered not deductible by taxing authorities ("add backs"), the range of tax rates applicable to various levels of income, different tax rates in different jurisdictions, multiple layers of tax on income, and other issues.

Tax Expense 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 ₨3,494 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 Expense →
What does a Tax Expense of ₨3,494 Mil mean?
Nishat Mills (KAR:NML) has a Tax Expense of ₨3,494 Mil as of Mar. 2026. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Nishat Mills and its competitors.
Is Nishat Mills' Tax Expense too high?
Nishat Mills' current Tax Expense is ₨3,494 Mil. Overall, Nishat Mills has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nishat Mills' Tax Expense compare to competitors?
Nishat Mills' Tax Expense of ₨3,494 Mil can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tax Expense for a Manufacturing - Apparel & Accessories company?
A good Tax Expense depends on the Manufacturing - Apparel & Accessories industry context. However, Tax Expense 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 Expense mean?
A high Tax Expense can signal that a stock is expensive relative to its fundamentals. Tax expense is the amount of tax the company pays in an accounting period. View historical data on Nishat Mills and its competitors. Nishat Mills's current Tax Expense is ₨3,494 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nishat Mills stock overvalued right now?
Based on GuruFocus' analysis, Nishat Mills (KAR:NML) is currently considered Significantly Overvalued. The stock's GF Value™ is ₨78.64, compared to a current price of ₨162.56 — trading 106.7% above its estimated fair value. The current Tax Expense is ₨3,494 Mil. Nishat Mills' overall GF Score™ is 75/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tax Expense calculated?
Tax Expense is calculated from a company's financial statements. For Nishat Mills (KAR:NML), the current Tax Expense is ₨3,494 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 Nishat Mills (KAR:NML) Overvalued in 2026?

Based on GuruFocus' analysis, Nishat Mills stock appears to be overvalued. The current stock price of ₨162.56 is trading 106.7% above its estimated GF Value™ of ₨78.64. GuruFocus considers Nishat Mills to be Significantly Overvalued.

Key valuation signals for KAR:NML:

  • Tax Expense: ₨3,494 Mil
  • GF Value™: ₨78.64 vs. price of ₨162.56 (106.7% above fair value)
  • GF Score™: 75/100 with 7 warning signs

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


Nishat Mills Business Description

Address 7, Main Gulberg, Lahore, PB, PAK, 54660
Nishat Mills Ltd is engaged in the business of textile manufacturing and of spinning, combing, weaving, bleaching, dyeing, printing, stitching, apparel, buying, selling and otherwise dealing in yarn, linen, cloth and other goods and fabrics made from raw cotton, synthetic fibre and cloth and to generate, accumulate, distribute, supply and sell electricity. The company's segments are Spinning, Weaving, Dyeing, Denim, Workwear, Home Textile and Terry, Garments and Power Generation. It derives the majority of the revenue from Spinning segment that produces different quality of yarn including dyed yarn and sewing thread using natural and artificial fibres. Geographically it operates in Europe, America, Asia, Africa and Australia, and Pakistan.
75GF Score

Get the complete analysis for KAR:NML

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

₨162.56
Price
₨78.64
GF Value