DSL · Dost Steels Limited
Dost Steels Limited Reports Annual Financial Results for FY2026
Official PSX filing title: Transmission of Annual Report for the Year Ended June 30, 2026
- Filed
- 21 October 2026 at 10:13 am
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
Executive summary
Dost Steels Limited released its annual financial statements for the year ended June 30, 2026, reporting a net loss after tax of PKR 164.83 million compared to a profit of PKR 302.46 million in the previous year. The company recorded zero sales as commercial production remained suspended, while noting ongoing restructuring with syndicate banks and plans for a 100% right share issue to support backward integration.
Key takeaways
- Dost Steels Limited reported a net loss after tax of PKR 164.83 million for the year ended June 30, 2026, compared to a net profit of PKR 302.46 million in FY2025.
- Loss per share stood at PKR 0.37 for FY2026, compared to earnings per share of PKR 0.68 in the prior year.
- Net sales remained nil for the year as commercial production has been suspended since 2019 due to working capital constraints.
- The company successfully executed a settlement agreement with its syndicate banks for liabilities of PKR 2.08 billion, with cumulative payments of PKR 293.46 million made to date.
- The Board announced a 100% right share issue amounting to PKR 4.44 billion at par value of PKR 10 per share to strengthen financial position and fund backward integration, including a melting plant.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in Rupees
Reporting period
Year
- Income
- 0 (prior 0)
- Profit after tax
- -164,831,401 (prior 302,460,579)
- EPS
- -0.37 (prior 0.68)
- Successfully executed a settlement agreement with syndicate banks for restructuring outstanding liabilities of PKR 2.08 billion.
- Announced a 100% right share issue amounting to PKR 4.44 billion at par value of PKR 10 per share to support backward integration and establish a melting plant.
- Proposed an increase in the authorized share capital of the company from PKR 4,450,000,000 to PKR 13,060,000,000.
Dividend and entitlement
- Type
- None
- Notes
- Transmission of annual financial statements for the year ended 2026-06-30 with no dividend, bonus, or rights entitlement mentioned.
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Please cross-check with the official PSX filing before making an investment decision.