BECO · Beco Steel Limited
Transmission of Annual Report for the FY ended June 30, 2026
- Filed
- 8 October 2026 at 9:12 am
- Category
- Financials
- Sentiment
- Good
- Impact
- High
AI executive summary
Beco Steel Limited reported strong full-year results for FY2026, with net sales surging 32.3% to PKR 9.86 billion and profit after tax jumping 179.4% to PKR 311.5 million, entirely clearing prior accumulated losses. The board opted not to declare a dividend to retain cash for working capital and debt-free growth, supported by the ongoing solar project and new re-bar plant initiatives.
Key takeaways
- Net sales for the year ended June 30, 2026, rose 32.3% YoY to PKR 9,860.5 million from PKR 7,451.5 million in FY2025.
- Profit after tax surged 179.4% YoY to PKR 311.5 million (EPS of PKR 0.25 restated) compared to PKR 111.5 million previously.
- Profit before tax and levies stood at PKR 442.3 million compared to PKR 218.3 million in the prior year, boosted by a one-off tax reversal of PKR 224.2 million.
- The Board of Directors did not recommend any dividend for the year to preserve liquidity and fund working capital needs and future capital expenditure.
- The company ended the fiscal year completely debt-free with zero bank borrowings and successfully eliminated accumulated losses of PKR 305.3 million, achieving an accumulated profit of PKR 6.2 million.
Filing details
Financial results
Annual · Audited · Standalone · 30 June 2026
Figures in PKR Rupees
Reporting period
Year
- Income
- 9,860,503,400 (prior 7,451,485,486)
- Profit after tax
- 311,474,935 (prior 111,484,772)
- EPS
- 0.25 (prior 0.09)
- Board decided not to recommend a cash dividend for FY2026 to retain profits for working capital and strengthen the balance sheet.
- Board approved the continuation of the 5 MW solar plant project and development of the new 72,000-tonne re-bar plant.
Dividend and entitlement
- Type
- None
- Notes
- The document is only transmitting the annual financial statements for the year ended 2026-06-30 and does not declare any dividend, bonus, or rights entitlement.
- #beco
- #fy2026
- #financials
- #steel
- #earnings
This summary is AI-generated and may contain errors or omissions. Review the official PSX filing before making an investment decision.