MERIT · Merit Packaging Limited
Merit Packaging Limited Annual Results 2026
Official PSX filing title: TRANSMISSION OF ANNUAL REPORT FOR THE YEAR ENDED JUNE 30, 2026
- Filed
- 15 October 2026 at 2:40 pm
- Category
- Financials
- Sentiment
- Good
- Impact
- High
Executive summary
Merit Packaging Limited reported its financial results for the year ended June 30, 2026, posting a net profit after tax of PKR 123.64 million compared to a significant loss of PKR 599.67 million in the previous year, primarily driven by a one-time gain of PKR 505 million from the disposal of its Gravure division. Despite lower revenue of PKR 3,426.87 million due to this business simplification, operational efficiencies and austerity measures returned the company to a gross profit of PKR 59.58 million.
Key takeaways
- Revenue for FY2026 declined 34% YoY to PKR 3,426.87 million from PKR 5,280.93 million, mainly due to the disposal of the Gravure division.
- Gross performance turned positive, posting a gross profit of PKR 59.58 million compared to a gross loss of PKR 28.73 million last year.
- Profit after tax stood at PKR 123.64 million, reversing the net loss of PKR 599.67 million reported in FY2025, heavily supported by a PKR 505 million gain on asset disposal.
- Earnings per share (EPS) recovered to PKR 0.62 from a loss per share of PKR 3.00 in the prior year.
- No dividend has been declared for the year ended June 30, 2026, in view of the company's accumulated losses.
- Financial charges decreased sharply by 47% to PKR 97.21 million due to lower running finance utilization and a downward revision in KIBOR.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR million
Reporting period
Year
- Income
- 3,426.87 (prior 5,280.93)
- Profit after tax
- 123.64 (prior -599.67)
- EPS
- 0.62 (prior -3)
- Disposed of the Gravure division to M/s Kompass Pvt. Limited for a consideration of PKR 1 billion, generating an accounting gain of PKR 505 million.
- No dividend declared for the year ended June 30, 2026, due to accumulated losses.
- Formed a Sustainability Committee chaired by Mr. Farrukh Shauket Ansari to oversee ESG strategy and compliance ahead of the mandatory FY2028 IFRS reporting requirement.
Dividend and entitlement
- Type
- None
- Notes
- The document is solely for the transmission of Annual Financial Statements and does not mention any dividend, bonus, or rights entitlement.
- #merit packaging
- #annual report
- #financial results
- #gravure disposal
Please cross-check with the official PSX filing before making an investment decision.