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Mari Energies’ PSX Market Value: What the Rs984bn Claim Gets Wrong

Mari Energies’ PSX market capitalization was about Rs776.43bn on October 7, 2026. Its historic top-company milestone dates to December 2024; current rank is not established by that snapshot.
From TheFinanceBase Team2 min to read
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Mari Energies Limited (formerly Mari Petroleum Company Limited; ticker MARI) was valued at about Rs776.43 billion on the Pakistan Stock Exchange (PSX) on October 7, 2026—not Rs984 billion, according to the exchange’s dated market snapshot. A secondary market-data page put it at Rs771.30 billion that day. Mari Energies did cross PKR1 trillion in market capitalization and became PSX’s most valuable listed entity on December 16, 2024, but that historical milestone does not establish its rank today.

What is Mari Petroleum called on the PSX?

The listed company is now Mari Energies Limited; Mari Petroleum Company Limited is its former name. Its ticker is MARI, and the PSX classifies it in the Oil & Gas Exploration Companies sector. The exchange describes its principal business as exploring for, producing, and selling hydrocarbons, with related exploration and production services and ventures in mineral mining and technology. PSX company profile.

What was Mari Energies’ market value?

The PSX company page showed a share price of Rs646.69 and market capitalization of Rs776,430,564.53 thousand on October 7, 2026. Since the exchange displays this field in thousands of rupees, that converts to about Rs776.43 billion. A separate estimate from Stock Analysis put market capitalization at Rs771.30 billion for the same date. The figures differ, so they should be treated as feed-specific snapshots, not as one exact, enduring value.

The Rs984 billion amount in the original headline is not verified by these dated figures. Market capitalization changes with share prices and may also depend on the share-count data used. The PSX profile lists 1,200,622,500 shares and a 20% free float; total shares and freely tradable shares are different measures. PSX MARI page and Stock Analysis market data.

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Is Mari Energies still PSX’s top company?

The available figures do not establish that it ranked first on October 7–8, 2026. Establishing a current leader requires comparing every listed company’s market capitalization on the same trading date, using a consistent data feed and share-count basis. The dated MARI figures alone cannot prove its position across the entire exchange.

There is a documented historical milestone: Mari Energies’ 2025 Integrated Annual Report says it became the most valuable entity listed on PSX on December 16, 2024, when its market capitalization exceeded PKR1 trillion. That report supports the claim for that date, not a claim that the company remained number one afterward. Mari Energies Integrated Annual Report 2025, hosted in the PSX financial-report library.

What do the company’s reported financial figures show?

The PSX company profile table lists FY2026 sales of Rs191.663 billion, profit after taxation of Rs87.069 billion, and earnings per share (EPS) of Rs72.52. These are exchange-profile figures, and PSX cautions that its financial data may be standardized and differ from figures reported by the issuer. For financial analysis, check the company’s annual report before treating the profile values as the issuer’s reported presentation. PSX company profile.

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What risk warning does the PSX display?

The PSX profile carries a Risk Warning Alert stating that Mari Energies is in continuous violation of specified exchange clauses and faces a risk of trading suspension or delisting. The alert information available here does not identify the specific clauses or explain the circumstances, so it is not possible to infer the cause or likely outcome from the warning alone. Investors should consult the exchange’s current company notice and the issuer’s disclosures for details. PSX MARI company profile.

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