DSL · Dost Steels Limited
Transmission of Annual Report for the Year Ended 30-06-2026
- Filed
- 9 October 2026 at 4:20 pm
- Category
- Financials
- Sentiment
- Bad
- Impact
- High
AI executive summary
Dost Steels Limited reported an annual net loss after tax of PKR 164.83 million (EPS: PKR (0.37)) for the year ended June 30, 2026, compared to a net profit of PKR 302.46 million (EPS: PKR 0.68) in the previous year, with auditors issuing a disclaimer of opinion. The company announced a 100% right share issue amounting to PKR 4.44 billion to support its backward integration strategy and establishment of a melting plant, alongside an increase in authorized capital from PKR 4.45 billion to PKR 13.06 billion.
Key takeaways
- Net loss after tax for the year ended June 30, 2026, stood at PKR 164.831 million compared to a net profit of PKR 302.461 million in the comparative year.
- Basic earnings per share (EPS) for FY2026 dropped to PKR (0.37) from PKR 0.68 in the previous year.
- Loss before taxation was recorded at PKR 189.015 million compared to a pre-tax profit of PKR 243.462 million previously.
- Board announced a 100% right share issue amounting to PKR 4.44 billion at par value of PKR 10 per share to fund backward integration and establish a melting plant.
- Board approved increasing the authorized share capital of the company from PKR 4,450,000,000 to PKR 13,060,000,000.
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)
- Proposed a 100% right share issue amounting to PKR 4.44 billion at par value of PKR 10 per share to support backward integration strategy and establishment of a melting plant.
- Approved an increase in authorized share capital from PKR 4,450,000,000 to PKR 13,060,000,000.
- Recommended the reappointment of M/s Mushtaq & Co. Chartered Accountants as statutory auditors for the financial year ending June 30, 2027.
Dividend and entitlement
- Type
- None
- Notes
- The document is for the transmission of annual financial statements and does not declare any dividend, bonus shares, or rights entitlement.
- #financial-results
- #annual-report
- #right-issue
- #authorized-capital
- #disclaimer-opinion
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.