Shahtaj Textile Limited has transmitted its Annual Report for the year ended June 30, 2026, detailing its financial performance and operational strategies.
- Revenue for the year decreased to PKR 5,997.27M, down 9.40% from PKR 6,619.68M in the previous year.
- Net Profit After Tax (PAT) improved to PKR 191.49M, compared to PKR 110.98M last year, resulting in an Earnings Per Share (EPS) of PKR 19.82, up from PKR 11.49.
- The gross profit margin increased to 12.82%, up from 9.78% in the prior year, attributed to a focus on weaving orders that require less working capital.
- A cash dividend of 115% (PKR 11.50 per share) has been recommended by the Board, reflecting 58% of the after-tax profit.
- The report is audited and complies with the relevant regulations, with no material changes noted since the financial year-end.
- The company has increased its renewable energy capacity to 4.49 MW, contributing to reduced energy costs.
- The geopolitical tensions in the Middle East are highlighted as a potential risk impacting the textile sector.