Shabbir Tiles & Ceramics Limited has transmitted its Annual Report for the year ended June 30, 2026, detailing a challenging financial performance amid a difficult market environment.
- Revenue for FY2026 was PKR 11,898.89M, down from PKR 13,846.06M in FY2025, reflecting a decline of approximately 14%.
- Gross profit decreased to PKR 1,876.40M from PKR 2,748.10M, indicating pressure on margins due to rising costs.
- The company reported a net loss after tax of PKR 802.10M, compared to a loss of PKR 192.13M in the previous year.
- Loss per share increased to PKR 3.35 from PKR 0.80, highlighting significant deterioration in profitability.
- The company has invested in a 6MW Battery Energy Storage System to enhance operational efficiency and sustainability.
- The Board has not recommended any cash dividend for the year due to the financial losses incurred.
- The report is audited and complies with the Companies Act, 2017, confirming the company's adherence to regulatory standards.