Nishat Mills Limited has released its annual report for the financial year ended June 30, 2026, detailing its performance amidst challenging market conditions.
- Revenue increased by PKR 3,478M (1.95%) to PKR 181,645M, driven by a rise in export sales.
- Net Profit After Tax (PAT) decreased to PKR 5,483M from PKR 6,014M, reflecting pressures from high raw material costs and lower dividend income.
- Earnings Per Share (EPS) stood at PKR 15.59, down from PKR 17.10 in the previous year.
- Gross profit margin declined from 11.24% to 9.76% due to rising costs.
- Finance costs decreased significantly by PKR 2,054M (24.36%) to PKR 6,378M, aided by lower borrowing costs.
- The company invested PKR 7,846M in fixed capital expenditures, focusing on renewable energy projects.
- A cash dividend of PKR 2 per share has been proposed, maintaining the previous year's rate.
- The current ratio remained stable at 1.24, while the gearing ratio improved to 36.94%, indicating better financial management.