BUXL · Buxly Paints Limited
Transmission of Annual Financial Statements for the Year Ended 2026-06-30
- Filed
- 1 October 2026 at 11:53 am
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
AI executive summary
Buxly Paints Limited reported its annual financial results for the year ended June 30, 2026, posting a net loss after tax of PKR 34.71 million and a loss per share of PKR 24.10, compared to a profit after tax of PKR 1.99 million in the previous year. The board did not recommend any dividend due to the incurred loss and called the 72nd Annual General Meeting for October 28, 2026.
Key takeaways
- Net sales decreased 11.6% YoY to PKR 519.11 million for the year ended June 30, 2026, compared to PKR 587.14 million last year.
- Gross profit declined to PKR 90.68 million from PKR 111.88 million due to a lower sales base and competitive market conditions.
- Loss after tax widened significantly to PKR 34.71 million (loss per share of PKR 24.10) compared to a profit after tax of PKR 1.99 million (earnings per share of PKR 1.38) in FY2025.
- Loss before taxation stood at PKR 28.22 million for FY2026, compared to a profit before taxation of PKR 3.28 million in the preceding year.
- No dividend was recommended by the Board of Directors for the financial year ended June 30, 2026, due to the net loss incurred.
- Management remains cautiously optimistic about a gradual return to profitability, focusing on operational efficiencies and increasing higher-margin product contributions.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR '000
Reporting period
Year
- Income
- 519,106 (prior 587,141)
- Profit after tax
- -34,710 (prior -4,059)
- EPS
- -24.1 (prior -2.82)
- Board did not recommend any dividend for the financial year ended June 30, 2026, due to the incurred loss.
- Recommended the re-appointment of retiring auditors M/s Rahman Sarfaraz Rahim Iqbal Rafiq, Chartered Accountants, for the financial year ending June 30, 2027.
- Convened the 72nd Annual General Meeting of the Company to be held on Wednesday, October 28, 2026, at 10:30 a.m. at the Registered Office in Karachi and via video link.
Dividend and entitlement
- Type
- None
- Notes
- The document only transmits annual financial statements and contains no mention of any cash dividend, bonus, or rights entitlement.
- #financial-results
- #annual-report
- #buxly-paints
- #loss
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.