General Meetings / Briefing Sessions

Key takeaways

• Total sales revenue for FY 2026 increased by 50% year-on-year to PKR 93 billion compared to PKR 62 billion in FY 2025.
• Production volume for FY 2026 grew by 69% to 447 KMT compared to 264 KMT in the previous fiscal year.
• Export sales doubled by 100% to PKR 20 billion in FY 2026 from PKR 10 billion in FY 2025.
• Gross profit margin improved by 2.9 percentage points to 11.5% in FY 2026 from 8.6% in FY 2025.
• Financial charges rose by 51% to PKR 1,214 million in FY 2026 compared to PKR 806 million in FY 2025.
• Profit after tax for FY 2026 increased by 131% to PKR 3.7 billion (PKR 3,673 million) from PKR 1.6 billion (PKR 1,559 million) in FY 2025.
• Earnings per share (EPS) grew by 136% to PKR 8.44 for FY 2026 compared to PKR 3.58 for FY 2025.
• The board proposed a total dividend per share of PKR 5.0 for FY 2026, which includes the proposed final dividend.
• Total sales volume reached 435 KMT in FY 2026, consisting of 344 KMT domestic sales and 91 KMT export sales.
• ISL successfully completed its 6.4 MW solar power project during Q1 of FY 2025-26 to supply clean energy to its manufacturing complex and corporate offices.
• ISL's domestic market share improved from 23% to 28% as domestic flat steel demand increased by 25% to 1,250 KMT.
• The duty differential between HRC and CRC/GP remained at 7.5% in FY 2025-26 and has been increased to 9% for FY 2026-27 in the latest budget.
• Looking forward to FY 2026-27, the company anticipates market challenges including sluggish international prices, dumping pressures, and slow recovery in domestic demand.
• Future outlook for FY 2026-27 includes improving capacity utilization and cash conversion, continuing engagement for a level-playing field, and driving strategic growth and working-capital discipline.