SAIF · Saif Textile Mills Limited
Transmission of Annual Report for the Year Ended 30.06.2026
- Filed
- 6 October 2026 at 10:39 am
- Category
- Financials
- Sentiment
- Good
- Impact
- High
AI executive summary
Saif Textile Mills Limited reported its annual results for the year ended June 30, 2026, marking a significant operational turnaround with net sales slightly higher at PKR 11,712 million and gross profit surging to PKR 1,624 million. The company returned to profitability with a profit after tax of PKR 225 million and EPS of PKR 8.51, compared to a net loss of PKR 388 million in the previous year. No dividend has been recommended for the year to support ongoing growth and balance sheet strengthening.
Key takeaways
- Net sales for the year ended June 30, 2026, stood at PKR 11,712,401 thousand, compared to PKR 11,593,946 thousand in the previous year.
- Gross profit rose 31.6% to PKR 1,623,600 thousand, supported by full capacity utilization and operational efficiencies.
- The company returned to profitability, posting a profit after tax of PKR 224,664 thousand (EPS of PKR 8.51) against a net loss of PKR 388,321 thousand (loss per share of PKR 14.70) last year.
- Profit before taxation and minimum tax improved to PKR 241,653 thousand from a loss of PKR 419,014 thousand previously.
- The Board of Directors recommended no dividend for the year ended June 30, 2026, to conserve cash for growth opportunities and balance sheet strengthening.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR '000
Reporting period
Year
- Income
- 11,712,401 (prior 11,593,946)
- Profit after tax
- 224,664 (prior -388,321)
- EPS
- 8.51 (prior -14.7)
- Recommended no dividend distribution for the year ended June 30, 2026, to preserve capital for future growth and balance sheet strength.
- Evaluated balancing, modernization, and replacement (BMR) of machinery and considered installing a Battery Energy Storage System (BESS) to optimize energy costs.
Dividend and entitlement
- Type
- None
- Notes
- The document is for the transmission of annual financial statements and contains no mention of any cash dividend, bonus shares, or rights entitlement.
- #financial-results
- #annual-report
- #turnaround
- #profitability
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.