AGHA · Agha Steel Ind.Ltd
Transmission of Annual Report for the Year Ended June 30, 2026
- Filed
- 9 October 2026 at 3:03 pm
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
AI executive summary
Agha Steel Industries Limited reported its annual financial results for the year ended June 30, 2026, posting a net loss after tax of PKR 4.74 billion, narrower than the previous year's loss of PKR 7.21 billion. Net sales declined 21.4% to PKR 8.39 billion, while gross loss widened to PKR 2.35 billion. The company noted material uncertainty regarding its going concern status due to current liability excesses and covenant breaches, though post-year-end restructuring agreements with lenders and equity conversions are underway.
Key takeaways
- Net sales for the year ended June 30, 2026, decreased by 21.4% YoY to PKR 8,390.60 million from PKR 10,674.62 million.
- Gross loss widened to PKR 2,354.12 million compared to a gross loss of PKR 1,977.49 million in the prior year.
- Loss before tax improved by 20.7% to PKR 6,233.00 million compared to PKR 7,861.6 million previously.
- Loss after tax narrowed by 34.3% YoY to PKR 4,740.65 million compared to PKR 7,211.42 million.
- Basic and diluted loss per share stood at PKR (7.62) for FY2026 compared to PKR (11.92) in FY2025.
- No dividend has been declared for the financial year ended June 30, 2026, due to accumulated losses and liquidity constraints.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR '000'
Reporting period
Year
- Income
- 8,390,596 (prior 10,674,618)
- Profit after tax
- -4,740,649 (prior -7,211,418)
- EPS
- -7.62 (prior -11.92)
- The Board proposed no final cash dividend and no transfer to general reserves for FY2026.
- Entered into a post-year-end restructuring agreement with Bank AL Habib Limited on July 13, 2026, covering PKR 3.28 billion of facilities.
- Converted PKR 750.0 million of advances against preference shares and PKR 415.0 million of sponsor/related party loans into ordinary share capital.
Dividend and entitlement
- Type
- None
- Notes
- The document is a transmittal letter for Annual Financial Statements and does not declare any dividend, bonus, or rights entitlement.
- #annual results
- #financial performance
- #net loss
- #going concern
- #debt restructuring
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.