آزگارڈ نائن لمیٹڈ نے سالانہ مالیاتیانات برائے سال 30 جون 2026 جاری کر دیے، EPS 1.77 روپے رہا۔ Azgard Nine Limited reports FY26 net profit of PKR 869.87M (EPS: PKR 1.77) with no dividend payout.
اہم خلاصہ
آزگارڈ نائن لمیٹڈ نے 30 جون 2026 کو ختم ہونے والے سال کے لیے سالانہ مالیاتی بیانات اور آڈٹ شدہ رپورٹس جاری کر دی ہیں۔ چیلنجنگ معاشی حالات کے باوجود کمپنی نے سیلز اور نیٹ پرافٹ میں بہتری دکھائی ہے اور EPS 1.77 روپے رہا ہے۔
کارکردگی کا جائزہ
- سیلز: بڑھ کر 42.499 ارب روپے ہو گئی (گزشتہ سال: 40.602 ارب روپے)، جو کہ تقریباً 4.6 فیصد اضافہ ظاہر کرتی ہے۔
- خالص منافع: بڑھ کر 869.87 ملین روپے ہو گیا (گزشتہ سال: 701.80 ملین روپے)، جس میں 24 فیصد کا نمایاں اضافہ ہوا۔
- فی حصص آمدنی (EPS): 1.77 روپے رہی (بمقابلہ 1.43 روپے گزشتہ سال)۔
- ڈیویڈنڈ: طویل مدتی مالیاتی وعدوں، ریڈیمپشن ریزرو اور 2031 کے بلٹ ریپেমنٹ کے باعث فی الحال کسی قسم کے کیش ڈیویڈنڈ کی تقسیم نہیں کی جا رہی۔
Executive Summary
Azgard Nine Limited has released its annual audited financial statements for the year ended June 30, 2026. Despite macroeconomic hurdles, high energy tariffs, and regional supply chain pressures, the company delivered a resilient 24% bottom-line growth, backed by disciplined cost control, operational efficiencies, and a focus on high-value-added products.
| Metric (PKR) | FY2026 | FY2025 | Change | Change % |
|---|---|---|---|---|
| Sales – Net | 42,499,824,076 | 40,602,107,754 | +1,897,716,322 | +4.67% |
| Gross Profit | 5,052,164,827 | 4,976,855,105 | +75,309,722 | +1.51% |
| Operating Profit | 2,592,976,940 | 2,901,350,851 | -308,373,911 | -10.63% |
| Finance Cost | (785,318,368) | (1,131,276,152) | +345,957,784 | +30.58% |
| Profit Before Tax | 1,490,691,349 | 1,452,756,130 | +37,935,219 | +2.61% |
| Net Profit After Tax | 869,871,478 | 701,802,854 | +168,068,624 | +23.95% |
| Basic EPS (PKR) | 1.77 | 1.43 | +0.34 | +23.78% |
Key Financial & Strategic Highlights
- Dividend Payout: Nil. Surplus funds are currently unavailable for distribution due to long-term financial commitments, the upcoming bullet repayment of Rs. 4.97 billion in April 2031, and the ongoing allocation to the New Zero Coupon PPTFCs Redemption Reserve (Rs. 710.17 million annually).
- Finance Cost Reduction: Finance costs decreased significantly by 30.58% to PKR 785.32 million from PKR 1,131.28 million, supporting profitability.
- Biomass Power Project: Civil, structural, and mechanical components of the corporate biomass plant facility have been completed and capitalized to reduce grid dependency and long-term energy costs.
- Debt Servicing: The Company has consistently met all principal and mark-up obligations under the Lahore High Court-sanctioned Creditors' Scheme of Arrangement.
Risks & Concerns
- Macroeconomic pressures, elevated minimum wage (PKR 40,000/month), high energy tariffs, and high effective tax rates exceeding 40%.
- Ongoing global trade shifts, including regional supply chain bottlenecks, U.S. tariff frameworks, and the India-EU Free Trade Agreement.
- Outstanding legal and regulatory items, including tax assessment appeals and ongoing litigation regarding Taybah Capital Limited.
Final Investor Takeaway
Azgard Nine Limited demonstrated operational resilience in FY26, achieving solid top-line growth and a 24% increase in net profit driven by lower finance costs and cost-control initiatives. While no dividend is declared due to structural debt redemption planning for 2031, continued debt servicing discipline and sustainability projects (such as the biomass plant) position the company well for long-term stability. Sentiment: Moderately Positive (+0.5).