Valuation Update With 7 Day Price Move • Jun 30
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to PK₨23.36, the stock trades at a trailing P/E ratio of 39.8x. Average trailing P/E is 11x in the Luxury industry in Pakistan. Total returns to shareholders of 341% over the past three years. Reported Earnings • May 05
Third quarter 2026 earnings released: EPS: PK₨3.15 (vs PK₨2.98 in 3Q 2025) Third quarter 2026 results: EPS: PK₨3.15 (up from PK₨2.98 in 3Q 2025). Revenue: PK₨618.9m (up 5.5% from 3Q 2025). Net income: PK₨47.8m (up 5.8% from 3Q 2025). Profit margin: 7.7% (in line with 3Q 2025). Over the last 3 years on average, earnings per share has increased by 73% per year but the company’s share price has only increased by 54% per year, which means it is significantly lagging earnings growth. Ankündigung • Apr 22
Asim Textile Mills Limited to Report Q3, 2026 Results on Apr 30, 2026 Asim Textile Mills Limited announced that they will report Q3, 2026 results on Apr 30, 2026 New Risk • Apr 21
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 11% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (4.2% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (PK₨296.6m market cap, or US$1.06m). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (0.6% net profit margin). Valuation Update With 7 Day Price Move • Apr 21
Investor sentiment improves as stock rises 30% After last week's 30% share price gain to PK₨19.54, the stock trades at a trailing P/E ratio of 23.2x. Average trailing P/E is 7x in the Luxury industry in Pakistan. Total returns to shareholders of 242% over the past three years. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to PK₨12.02, the stock trades at a trailing P/E ratio of 14.3x. Average trailing P/E is 6x in the Luxury industry in Pakistan. Total returns to shareholders of 90% over the past three years. Reported Earnings • Feb 28
Second quarter 2026 earnings released: EPS: PK₨1.04 (vs PK₨0.89 loss in 2Q 2025) Second quarter 2026 results: EPS: PK₨1.04 (up from PK₨0.89 loss in 2Q 2025). Revenue: PK₨550.1m (up 11% from 2Q 2025). Net income: PK₨15.8m (up PK₨29.2m from 2Q 2025). Profit margin: 2.9% (up from net loss in 2Q 2025). Over the last 3 years on average, earnings per share has increased by 79% per year but the company’s share price has only increased by 38% per year, which means it is significantly lagging earnings growth. Ankündigung • Feb 19
Asim Textile Mills Limited to Report Q2, 2026 Results on Feb 26, 2026 Asim Textile Mills Limited announced that they will report Q2, 2026 results on Feb 26, 2026 Valuation Update With 7 Day Price Move • Feb 13
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨18.80, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 11x in the Luxury industry in Pakistan. Total returns to shareholders of 235% over the past three years. New Risk • Jan 10
New major risk - Share price stability The company's share price has been highly volatile over the past 3 months. It is more volatile than 90% of Pakistani stocks, typically moving 9.2% a week. This is considered a major risk. Share price volatility increases the risk of potential losses in the short-term as the stock tends to have larger drops in price more frequently than other stocks. It may also indicate the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (9.2% average weekly change). Earnings have declined by 16% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Market cap is less than US$10m (PK₨296.4m market cap, or US$1.06m). Minor Risk Profit margins are more than 30% lower than last year (0.6% net profit margin). Valuation Update With 7 Day Price Move • Nov 13
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to PK₨22.39, the stock trades at a trailing P/E ratio of 25.8x. Average trailing P/E is 9x in the Luxury industry in Pakistan. Total returns to shareholders of 220% over the past three years. New Risk • Nov 01
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 16% per year over the past 5 years. High level of non-cash earnings (20% accrual ratio). Market cap is less than US$10m (PK₨304.1m market cap, or US$1.08m). Minor Risk Profit margins are more than 30% lower than last year (0.6% net profit margin). Valuation Update With 7 Day Price Move • Oct 14
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to PK₨22.25, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 12x in the Luxury industry in Pakistan. Total returns to shareholders of 259% over the past three years. New Risk • Oct 10
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 22% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (13% average weekly change). Earnings have declined by 17% per year over the past 5 years. Market cap is less than US$10m (PK₨367.9m market cap, or US$1.31m). Minor Risk Large one-off items impacting financial results. Reported Earnings • Oct 09
Full year 2025 earnings released: EPS: PK₨1.31 (vs PK₨1.75 loss in FY 2024) Full year 2025 results: EPS: PK₨1.31 (up from PK₨1.75 loss in FY 2024). Revenue: PK₨2.18b (up 20% from FY 2024). Net income: PK₨19.9m (up PK₨46.4m from FY 2024). Profit margin: 0.9% (up from net loss in FY 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has increased by 58% per year, which means it is tracking significantly ahead of earnings growth. Ankündigung • Oct 08
Asim Textile Mills Limited, Annual General Meeting, Oct 28, 2025 Asim Textile Mills Limited, Annual General Meeting, Oct 28, 2025. Location: jk house, 32-w, susan road, madina town, faisalabad Pakistan Valuation Update With 7 Day Price Move • Aug 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨34.66, the stock trades at a trailing P/E ratio of 5x. Average trailing P/E is 14x in the Luxury industry in Pakistan. Total returns to shareholders of 477% over the past three years. Valuation Update With 7 Day Price Move • Jul 18
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨15.34, the stock trades at a trailing P/E ratio of 2.2x. Average trailing P/E is 14x in the Luxury industry in Pakistan. Total returns to shareholders of 154% over the past three years. Valuation Update With 7 Day Price Move • Jun 25
Investor sentiment improves as stock rises 24% After last week's 24% share price gain to PK₨16.16, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 9x in the Luxury industry in Pakistan. Total returns to shareholders of 131% over the past three years. New Risk • May 16
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 9.2% This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (9.2% operating cash flow to total debt). Earnings have declined by 19% per year over the past 5 years. Market cap is less than US$10m (PK₨197.3m market cap, or US$700.4k). Minor Risk Share price has been volatile over the past 3 months (8.9% average weekly change). Valuation Update With 7 Day Price Move • Apr 09
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨13.45, the stock trades at a trailing P/E ratio of 3.7x. Average trailing P/E is 8x in the Luxury industry in Pakistan. Total returns to shareholders of 63% over the past three years. Valuation Update With 7 Day Price Move • Feb 25
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨17.41, the stock trades at a trailing P/E ratio of 11.5x. Average trailing P/E is 9x in the Luxury industry in Pakistan. Total returns to shareholders of 85% over the past three years. Valuation Update With 7 Day Price Move • Jan 30
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to PK₨16.97, the stock trades at a trailing P/E ratio of 11.3x. Average trailing P/E is 10x in the Luxury industry in Pakistan. Total returns to shareholders of 29% over the past three years. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to PK₨14.72, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 10x in the Luxury industry in Pakistan. Total returns to shareholders of 70% over the past three years. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improves as stock rises 22% After last week's 22% share price gain to PK₨14.90, the stock trades at a trailing P/E ratio of 9.9x. Average trailing P/E is 10x in the Luxury industry in Pakistan. Total returns to shareholders of 119% over the past three years. Ankündigung • Oct 09
Asim Textile Mills Limited, Annual General Meeting, Oct 28, 2024 Asim Textile Mills Limited, Annual General Meeting, Oct 28, 2024. Location: at its registered office, jk house,32-w, susan road,madina town, faisalabad Pakistan New Risk • Nov 17
New major risk - Financial position The company's debt is not well covered by operating cash flow. Currently running at an operating cash loss. This is considered a major risk. If the company's operating cash flows are too small relative to the size of their debt, it increases their balance sheet risk. The company has less cash from operations to cover its expenses from servicing large debt and it increases the risk of liquidity issues. It also extends the time it would take for the company to pay back the debt in full, meaning it may not be able to easily pay it all off in a distress scenario. Currently, the following risks have been identified for the company: Major Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 33% per year over the past 5 years. Market cap is less than US$10m (PK₨242.4m market cap, or US$844.4k). Minor Risk Revenue is less than US$5m (PK₨370m revenue, or US$1.3m). Reported Earnings • Oct 12
Full year 2023 earnings released: PK₨1.94 loss per share (vs PK₨2.16 profit in FY 2022) Full year 2023 results: PK₨1.94 loss per share (down from PK₨2.16 profit in FY 2022). Revenue: PK₨354.7m (down 83% from FY 2022). Net loss: PK₨29.5m (down 190% from profit in FY 2022). Over the last 3 years on average, earnings per share has fallen by 44% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Reported Earnings • Mar 06
Second quarter 2023 earnings released: PK₨1.08 loss per share (vs PK₨1.07 profit in 2Q 2022) Second quarter 2023 results: PK₨1.08 loss per share (down from PK₨1.07 profit in 2Q 2022). Revenue: PK₨29.7m (down 96% from 2Q 2022). Net loss: PK₨16.4m (down 201% from profit in 2Q 2022). Over the last 3 years on average, earnings per share has fallen by 5% per year and the company’s share price has also fallen by 5% per year. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 5 non-independent directors. Independent Director Muhammad Zulqarnan was the last independent director to join the board, commencing their role in 2016. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 14
Full year 2022 earnings released: EPS: PK₨2.16 (vs PK₨5.03 in FY 2021) Full year 2022 results: EPS: PK₨2.16 (down from PK₨5.03 in FY 2021). Revenue: PK₨2.08b (up 21% from FY 2021). Net income: PK₨32.8m (down 57% from FY 2021). Profit margin: 1.6% (down from 4.4% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 20% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Reported Earnings • May 27
Third quarter 2022 earnings released: PK₨0.53 loss per share (vs PK₨0.72 profit in 3Q 2021) Third quarter 2022 results: PK₨0.53 loss per share (down from PK₨0.72 profit in 3Q 2021). Revenue: PK₨518.1m (up 18% from 3Q 2021). Net loss: PK₨8.00m (down 174% from profit in 3Q 2021). Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has fallen by 3% per year, which means it is significantly lagging earnings. Board Change • Apr 27
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 7 experienced directors. No highly experienced directors. 2 independent directors (6 non-independent directors). Independent Director Muhammad Zulqarnan was the last independent director to join the board, commencing their role in 2016. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Buying Opportunity • Feb 09
Now 22% undervalued Over the last 90 days, the stock is up 64%. The fair value is estimated to be PK₨16.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has been flat over the last 3 years. Buying Opportunity • Feb 09
Now 22% undervalued Over the last 90 days, the stock is up 64%. The fair value is estimated to be PK₨16.65, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Earnings per share has been flat over the last 3 years. Valuation Update With 7 Day Price Move • Jan 26
Investor sentiment improved over the past week After last week's 45% share price gain to PK₨11.60, the stock trades at a trailing P/E ratio of 2x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total returns to shareholders of 16% over the past three years. Reported Earnings • Oct 10
Full year 2021 earnings released: EPS PK₨5.03 (vs PK₨1.23 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨1.73b (up 17% from FY 2020). Net income: PK₨76.3m (up 309% from FY 2020). Profit margin: 4.4% (up from 1.3% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 16% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 07
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨8.10, the stock trades at a trailing P/E ratio of 14.4x. Average trailing P/E is 4x in the Luxury industry in Pakistan. Total loss to shareholders of 12% over the past three years. Reported Earnings • May 02
Third quarter 2021 earnings released: EPS PK₨0.72 (vs PK₨0.53 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨440.1m (up 16% from 3Q 2020). Net income: PK₨10.9m (up 35% from 3Q 2020). Profit margin: 2.5% (up from 2.1% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 35% per year but the company’s share price has only fallen by 16% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Mar 09
New 90-day low: PK₨8.00 The company is down 1.0% from its price of PK₨8.10 on 09 December 2020. The Pakistani market is up 4.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 23% over the same period. Reported Earnings • Feb 28
Second quarter 2021 earnings released: EPS PK₨0.02 (vs PK₨1.09 in 2Q 2020) The company reported a poor second quarter result with weaker earnings, revenues and profit margins. Second quarter 2021 results: Revenue: PK₨419.8m (down 2.2% from 2Q 2020). Net income: PK₨366.2k (down 98% from 2Q 2020). Profit margin: 0.1% (down from 3.9% in 2Q 2020). The decrease in margin was primarily driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 20% per year but the company’s share price has only fallen by 6% per year, which means it has not declined as severely as earnings. Valuation Update With 7 Day Price Move • Oct 20
Market bids up stock over the past week After last week's 19% share price gain to PK₨9.41, the stock is trading at a trailing P/E ratio of 7.7x, up from the previous P/E ratio of 6.4x. This compares to an average P/E of 8x in the Luxury industry in Pakistan. Total return to shareholders over the past three years is a loss of 33%. Reported Earnings • Oct 11
Full year earnings released - EPS PK₨1.23 Over the last 12 months the company has reported total profits of PK₨18.6m, down 67% from the prior year. Total revenue was PK₨1.47b over the last 12 months, down 18% from the prior year. Profit margins were 1.3%, which is lower than the 3.1% margin from last year. The decrease in margin was driven by lower revenue. 
