ANL · Azgard Nine Limited
Transmission of Annual Financial Statements for the Year Ended June 30, 2026
- Filed
- 5 October 2026 at 10:49 am
- Category
- Financials
- Sentiment
- Good
- Impact
- High
AI executive summary
Azgard Nine Limited reported its annual audited financial statements for the year ended June 30, 2026, delivering net sales of PKR 42,499.82 million and a net profit after tax of PKR 869.87 million, translating to an EPS of PKR 1.77. The Board did not recommend a dividend due to long-term financial commitments and the upcoming bullet repayment in 2031, continuing instead with the allocation for the redemption reserve.
Key takeaways
- Net sales increased by 4.6% year-on-year to PKR 42,499.82 million for the year ended June 30, 2026.
- Profit after tax grew by 24% year-on-year to PKR 869.87 million, resulting in basic earnings per share of PKR 1.77 compared to PKR 1.43 in the previous year.
- Operating profit stood at PKR 2,592.98 million, while profit before taxation was recorded at PKR 1,490.69 million.
- No dividend has been declared for the year due to ongoing debt servicing obligations and the upcoming balloon payment in 2031.
- The Company successfully completed and capitalized its corporate biomass plant facility to optimize energy self-reliance and reduce long-term operational costs.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in Rupees
Reporting period
Year
- Income
- 42,499,824,076 (prior 40,602,107,754)
- Profit after tax
- 869,871,478 (prior 701,802,854)
- EPS
- 1.77 (prior 1.43)
- Successfully executed and capitalized the corporate biomass plant facility with the steam turbine undergoing final integrated testing to optimize energy self-reliance.
- Allocated Rs. 710.17 million annually from unappropriated profits to the new zero coupon PPTFCs redemption reserve to cover the outstanding liability of Rs. 4,971 million due in April 2031.
- Determined that surplus funds are presently unavailable for dividend distribution in view of long-term financial commitments and the upcoming 2031 bullet repayment.
Dividend and entitlement
- Type
- None
- Notes
- Transmission of Annual Financial Statements with no dividend, bonus, or right share entitlement declared.
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This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.