Reported Earnings • May 05
Third quarter 2026 earnings released: EPS: PK₨3.43 (vs PK₨1.82 in 3Q 2025) Third quarter 2026 results: EPS: PK₨3.43 (up from PK₨1.82 in 3Q 2025). Revenue: PK₨54.3b (up 5.8% from 3Q 2025). Net income: PK₨1.21b (up 88% from 3Q 2025). Profit margin: 2.2% (up from 1.2% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 15% per year but the company’s share price has increased by 36% per year, which means it is well ahead of earnings. Ankündigung • Apr 22
Nishat Mills Limited to Report Q3, 2026 Results on Apr 30, 2026 Nishat Mills Limited announced that they will report Q3, 2026 results on Apr 30, 2026 Valuation Update With 7 Day Price Move • Apr 10
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨153, the stock trades at a forward P/E ratio of 7x. Average forward P/E is 14x in the Luxury industry in Asia. Total returns to shareholders of 226% over the past three years. New Risk • Mar 03
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.2x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (2.2x net interest cover). Earnings are forecast to decline by an average of 22% per year for the foreseeable future. Minor Risks Share price has been volatile over the past 3 months (7.6% average weekly change). Large one-off items impacting financial results. Reported Earnings • Mar 02
Second quarter 2026 earnings released: EPS: PK₨11.05 (vs PK₨8.89 loss in 2Q 2025) Second quarter 2026 results: EPS: PK₨11.05 (up from PK₨8.89 loss in 2Q 2025). Revenue: PK₨47.9b (down 7.0% from 2Q 2025). Net income: PK₨3.88b (up PK₨7.01b from 2Q 2025). Profit margin: 8.1% (up from net loss in 2Q 2025). Revenue is forecast to grow 2.8% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has fallen by 32% per year but the company’s share price has increased by 43% per year, which means it is well ahead of earnings. New Risk • Feb 26
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 7.0% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.0% net profit margin). Ankündigung • Feb 20
Nishat Mills Limited to Report First Half, 2026 Results on Feb 27, 2026 Nishat Mills Limited announced that they will report first half, 2026 results on Feb 27, 2026 Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨205, the stock trades at a forward P/E ratio of 11x. Average forward P/E is 14x in the Luxury industry in Asia. Total returns to shareholders of 372% over the past three years. Valuation Update With 7 Day Price Move • Dec 11
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨177, the stock trades at a forward P/E ratio of 9x. Average forward P/E is 15x in the Luxury industry in Asia. Total returns to shareholders of 258% over the past three years. Reported Earnings • Nov 01
First quarter 2026 earnings released: EPS: PK₨114 (vs PK₨6.65 in 1Q 2025) First quarter 2026 results: EPS: PK₨114. Revenue: PK₨51.0b (down 4.0% from 1Q 2025). Net income: PK₨1.41b (down 40% from 1Q 2025). Profit margin: 2.8% (down from 4.4% in 1Q 2025). Revenue is forecast to grow 1.1% p.a. on average during the next 2 years, compared to a 11% growth forecast for the Luxury industry in Asia. Ankündigung • Oct 24
Nishat Mills Limited to Report Q1, 2026 Results on Oct 30, 2025 Nishat Mills Limited announced that they will report Q1, 2026 results on Oct 30, 2025 New Risk • Oct 14
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 91% 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 Risk Interest payments are not well covered by earnings (2.5x net interest cover). Minor Risks Large one-off items impacting financial results. Profit margins are more than 30% lower than last year (2.5% net profit margin). New Risk • Oct 10
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 2.6% 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 Risk Debt is not well covered by operating cash flow (2.6% operating cash flow to total debt). Minor Risk Profit margins are more than 30% lower than last year (2.5% net profit margin). Declared Dividend • Oct 03
Dividend reduced to PK₨2.00 Dividend of PK₨2.00 is 33% lower than last year. Ex-date: 17th October 2025 Payment date: 18th November 2025 Dividend yield will be 1.2%, which is lower than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (65% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has decreased over the past 10 years, indicating a lack of growth and stability in payments. EPS is expected to grow by 61% over the next 2 years, which should provide support to the dividend and adequate earnings cover. Reported Earnings • Oct 02
Full year 2025 earnings released: EPS: PK₨14.51 (vs PK₨22.38 in FY 2024) Full year 2025 results: EPS: PK₨14.51 (down from PK₨22.38 in FY 2024). Revenue: PK₨207.2b (down 2.5% from FY 2024). Net income: PK₨5.10b (down 35% from FY 2024). Profit margin: 2.5% (down from 3.7% in FY 2024). The decrease in margin was driven by lower revenue. Revenue is forecast to stay flat during the next 2 years compared to a 10% growth forecast for the Luxury industry in Asia. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. New Risk • Sep 30
New major risk - Revenue and earnings growth Earnings have declined by 6.7% per year over the past 5 years. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are declining over an extended period, then in most cases the share price will decline over time unless the company can turn around its fortunes. A trend of falling earnings can be very difficult to turn around. If the company is well already established it may also be a sign the company has matured and is in decline. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 6.7% per year over the past 5 years. Minor Risk Profit margins are more than 30% lower than last year (0.8% net profit margin). Reported Earnings • May 02
Third quarter 2025 earnings released: EPS: PK₨1.82 (vs PK₨3.64 in 3Q 2024) Third quarter 2025 results: EPS: PK₨1.82 (down from PK₨3.64 in 3Q 2024). Revenue: PK₨51.3b (down 9.2% from 3Q 2024). Net income: PK₨640.8m (down 50% from 3Q 2024). Profit margin: 1.2% (down from 2.3% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 43% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. New Risk • Apr 30
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Pakistani stocks, typically moving 6.7% a week. This is considered a minor risk. Share price volatility indicates 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. It also 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. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (1.8x net interest cover). Earnings have declined by 1.1% per year over the past 5 years. Minor Risks Paying a dividend despite having no free cash flows. Share price has been volatile over the past 3 months (6.7% average weekly change). Profit margins are more than 30% lower than last year (1.1% net profit margin). Valuation Update With 7 Day Price Move • Mar 21
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨118, the stock trades at a forward P/E ratio of 8x. Average forward P/E is 13x in the Luxury industry in Asia. Total returns to shareholders of 79% over the past three years. Reported Earnings • Mar 02
Second quarter 2025 earnings released: PK₨8.89 loss per share (vs PK₨3.70 profit in 2Q 2024) Second quarter 2025 results: PK₨8.89 loss per share (down from PK₨3.70 profit in 2Q 2024). Revenue: PK₨51.5b (up 11% from 2Q 2024). Net loss: PK₨3.13b (down 340% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 34% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Dec 23
Investor sentiment deteriorates as stock falls 17% After last week's 17% share price decline to PK₨104, the stock trades at a trailing P/E ratio of 5.5x. Average forward P/E is 14x in the Luxury industry in Pakistan. Total returns to shareholders of 59% over the past three years. Valuation Update With 7 Day Price Move • Dec 05
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨90.18, the stock trades at a trailing P/E ratio of 4.7x. Average forward P/E is 14x in the Luxury industry in Pakistan. Total returns to shareholders of 36% over the past three years. New Risk • Nov 06
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 2.6x This is considered a major risk. If the company is unable to fund interest repayments on its debt through profits, it may be forced into reducing its debt burden through selling assets, undertaking a potentially costly capital raising or even into bankruptcy in the worst case scenario. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (2.6x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (3.2% net profit margin). Market cap is less than US$100m (PK₨25.4b market cap, or US$91.5m). Reported Earnings • Nov 01
First quarter 2025 earnings released: EPS: PK₨6.64 (vs PK₨10.01 in 1Q 2024) First quarter 2025 results: EPS: PK₨6.64 (down from PK₨10.01 in 1Q 2024). Revenue: PK₨53.2b (down 5.8% from 1Q 2024). Net income: PK₨2.34b (down 34% from 1Q 2024). Profit margin: 4.4% (down from 6.2% in 1Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 24% per year but the company’s share price has only fallen by 9% per year, which means it has not declined as severely as earnings. Ankündigung • Sep 30
Nishat Mills Limited, Annual General Meeting, Oct 28, 2024 Nishat Mills Limited, Annual General Meeting, Oct 28, 2024. Location: at emporium mall, the nishat hotel, trade and finance centre block, near expo centre, abdul haq road, johar town, lahore Pakistan Declared Dividend • Sep 30
Dividend of PK₨3.00 announced Shareholders will receive a dividend of PK₨3.00. Ex-date: 17th October 2024 Payment date: 18th November 2024 Dividend yield will be 4.9%, which is higher than the industry average of 4.3%. Sustainability & Growth Dividend is covered by earnings (29% earnings payout ratio) but the company has no free cash flows available, indicating it may be using cash reserves or debt to pay the dividend. The dividend has increased by an average of 2.3% per year over the past 10 years and has been stable with no material reductions to payments, indicating a long track record of dividend growth and stability. Earnings per share has remained steady over the last 5 years. Unless this trend deteriorates, it should provide adequate earnings cover for the dividend. Reported Earnings • Sep 28
Full year 2024 earnings released: EPS: PK₨22.38 (vs PK₨32.13 in FY 2023) Full year 2024 results: EPS: PK₨22.38 (down from PK₨32.13 in FY 2023). Revenue: PK₨212.5b (up 9.7% from FY 2023). Net income: PK₨7.87b (down 30% from FY 2023). Profit margin: 3.7% (down from 5.8% in FY 2023). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 16% per year whereas the company’s share price has fallen by 12% per year. Reported Earnings • May 02
Third quarter 2024 earnings released: EPS: PK₨3.64 (vs PK₨11.14 in 3Q 2023) Third quarter 2024 results: EPS: PK₨3.64 (down from PK₨11.14 in 3Q 2023). Revenue: PK₨56.5b (up 15% from 3Q 2023). Net income: PK₨1.28b (down 67% from 3Q 2023). Profit margin: 2.3% (down from 8.0% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 14% p.a. on average during the next 2 years, while revenues in the Luxury industry in Pakistan are expected to grow by 11%. Over the last 3 years on average, earnings per share has fallen by 9% per year whereas the company’s share price has fallen by 8% per year. Reported Earnings • Mar 02
Second quarter 2024 earnings released: EPS: PK₨3.70 (vs PK₨9.72 in 2Q 2023) Second quarter 2024 results: EPS: PK₨3.70 (down from PK₨9.72 in 2Q 2023). Revenue: PK₨46.4b (up 11% from 2Q 2023). Net income: PK₨1.30b (down 62% from 2Q 2023). Profit margin: 2.8% (down from 8.1% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is expected to decline by 13% p.a. on average during the next 2 years, while revenues in the Luxury industry in Pakistan are expected to grow by 14%. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. New Risk • Jan 29
New major risk - Revenue and earnings growth Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. This is considered a major risk. Ultimately, shareholders want to see a good return on their investment and that generally comes from sharing in the company's profits. If profits are expected to decline, then in most cases the share price will decline over time as well. In addition, if the company pays dividends it will also likely need to reduce or cut them, striking a dual blow to total shareholder returns. Currently, the following risks have been identified for the company: Major Risk Earnings are forecast to decline by an average of 1.1% per year for the foreseeable future. Minor Risks Paying a dividend despite having no free cash flows. Paying a dividend despite having no free cash flows. Market cap is less than US$100m (PK₨26.0b market cap, or US$93.0m). Price Target Changed • Jan 22
Price target increased by 18% to PK₨103 Up from PK₨87.10, the current price target is an average from 2 analysts. New target price is 34% above last closing price of PK₨76.59. Stock is up 54% over the past year. The company is forecast to post earnings per share of PK₨20.80 for next year compared to PK₨32.12 last year. Valuation Update With 7 Day Price Move • Nov 06
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨71.88, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 4x in the Luxury industry in Pakistan. Total loss to shareholders of 1.3% over the past three years. Ankündigung • Oct 06
Nishat Mills Limited, Annual General Meeting, Oct 25, 2023 Nishat Mills Limited, Annual General Meeting, Oct 25, 2023, at 11:30 Pakistan Standard Time. Location: Emporium Mall, The Nishat Hotel, Trade and Finance Centre Block Near Expo Centre, Abdul Haq Road, Johar Town Lahore Pakistan Agenda: To receive, consider and adopt the Audited Un-consolidated and Consolidated Financial Statements of the Company for the year ended June 30, 2023 together with the Chairman's Review, Directors' and Auditors' reports thereon; to approve Final Cash Dividend; to appoint statutory Auditors for the year 2023-24 and fix their remuneration; and to consider other matters. Reported Earnings • Oct 05
Full year 2023 earnings released: EPS: PK₨32.13 (vs PK₨35.00 in FY 2022) Full year 2023 results: EPS: PK₨32.13 (down from PK₨35.00 in FY 2022). Revenue: PK₨193.7b (up 17% from FY 2022). Net income: PK₨11.3b (down 8.2% from FY 2022). Profit margin: 5.8% (down from 7.4% in FY 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has fallen by 15% per year, which means it is significantly lagging earnings. Price Target Changed • Aug 05
Price target increased by 9.6% to PK₨95.45 Up from PK₨87.10, the current price target is an average from 4 analysts. New target price is 41% above last closing price of PK₨67.73. Stock is down 4.9% over the past year. The company is forecast to post earnings per share of PK₨25.70 for next year compared to PK₨35.00 last year. Reported Earnings • Feb 26
Second quarter 2023 earnings released: EPS: PK₨9.72 (vs PK₨8.84 in 2Q 2022) Second quarter 2023 results: EPS: PK₨9.72 (up from PK₨8.84 in 2Q 2022). Revenue: PK₨41.9b (up 4.9% from 2Q 2022). Net income: PK₨3.42b (up 9.9% from 2Q 2022). Profit margin: 8.1% (up from 7.8% in 2Q 2022). The increase in margin was driven by higher revenue. 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 20% per year, which means it is significantly lagging earnings. Price Target Changed • Nov 16
Price target decreased to PK₨111 Down from PK₨122, the current price target is an average from 2 analysts. New target price is 79% above last closing price of PK₨62.10. Stock is down 28% over the past year. The company posted earnings per share of PK₨35.00 last 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 Mehak Adil was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Oct 29
First quarter 2023 earnings released: EPS: PK₨11.61 (vs PK₨11.91 in 1Q 2022) First quarter 2023 results: EPS: PK₨11.61 (down from PK₨11.91 in 1Q 2022). Revenue: PK₨52.1b (up 45% from 1Q 2022). Net income: PK₨4.08b (down 2.5% from 1Q 2022). Profit margin: 7.8% (down from 12% in 1Q 2022). The decrease in margin was driven by higher expenses. 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 10% per year, which means it is significantly lagging earnings. Price Target Changed • Oct 29
Price target decreased to PK₨111 Down from PK₨122, the current price target is an average from 3 analysts. New target price is 80% above last closing price of PK₨61.55. Stock is down 32% over the past year. The company posted earnings per share of PK₨35.00 last year. Upcoming Dividend • Oct 12
Upcoming dividend of PK₨4.00 per share Eligible shareholders must have bought the stock before 19 October 2022. Payment date: 18 November 2022. Payout ratio is a comfortable 11% but the company is not cash flow positive. Trailing yield: 5.9%. Lower than top quartile of Pakistani dividend payers (12%). Higher than average of industry peers (4.7%). Reported Earnings • Sep 25
Full year 2022 earnings released: EPS: PK₨35.00 (vs PK₨28.15 in FY 2021) Full year 2022 results: EPS: PK₨35.00 (up from PK₨28.15 in FY 2021). Revenue: PK₨165.7b (up 58% from FY 2021). Net income: PK₨12.3b (up 24% from FY 2021). Profit margin: 7.4% (down from 9.5% 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 27% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Reported Earnings • May 08
Third quarter 2022 earnings released: EPS: PK₨12.59 (vs PK₨11.39 in 3Q 2021) Third quarter 2022 results: EPS: PK₨12.59 (up from PK₨11.39 in 3Q 2021). Revenue: PK₨42.8b (up 65% from 3Q 2021). Net income: PK₨4.43b (up 11% from 3Q 2021). Profit margin: 10% (down from 16% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 24% per year but the company’s share price has fallen by 12% per year, which means it is significantly lagging earnings. Board Change • Apr 27
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 Mehak Adil was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Mar 02
Second quarter 2022 earnings: EPS in line with analyst expectations despite revenue beat Second quarter 2022 results: EPS: PK₨6.58 (up from PK₨5.42 in 2Q 2021). Revenue: PK₨28.5b (up 16% from 2Q 2021). Net income: PK₨2.31b (up 21% from 2Q 2021). Profit margin: 8.1% (up from 7.8% in 2Q 2021). The increase in margin was driven by higher revenue. Revenue exceeded analyst estimates by 50%. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Feb 08
Investor sentiment improved over the past week After last week's 15% share price gain to PK₨96.77, the stock trades at a trailing P/E ratio of 2.6x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total loss to shareholders of 23% over the past three years. Reported Earnings • Oct 30
First quarter 2022 earnings released: EPS PK₨11.91 (vs PK₨3.52 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: PK₨35.9b (up 41% from 1Q 2021). Net income: PK₨4.19b (up 238% from 1Q 2021). Profit margin: 12% (up from 4.8% in 1Q 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 10% per year but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Upcoming Dividend • Oct 11
Upcoming dividend of PK₨4.00 per share Eligible shareholders must have bought the stock before 18 October 2021. Payment date: 18 November 2021. Trailing yield: 4.5%. Lower than top quartile of Pakistani dividend payers (10%). Higher than average of industry peers (3.6%). Reported Earnings • Sep 21
Full year 2021 earnings released: EPS PK₨28.15 (vs PK₨18.07 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨104.7b (up 18% from FY 2020). Net income: PK₨9.90b (up 56% from FY 2020). Profit margin: 9.5% (up from 7.2% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has fallen by 14% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • May 31
Investor sentiment improved over the past week After last week's 15% share price gain to PK₨101, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 5x in the Luxury industry in Asia. Total loss to shareholders of 24% over the past three years. Reported Earnings • May 02
Third quarter 2021 earnings released: EPS PK₨11.39 (vs PK₨4.03 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨25.9b (up 11% from 3Q 2020). Net income: PK₨4.01b (up 183% from 3Q 2020). Profit margin: 16% (up from 6.1% in 3Q 2020). Over the last 3 years on average, earnings per share has remained flat but the company’s share price has fallen by 16% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 28
Second quarter 2021 earnings released: EPS PK₨5.42 (vs PK₨5.36 in 2Q 2020) The company reported a solid second quarter result with improved earnings and profit margins, although revenues were flat. Second quarter 2021 results: Revenue: PK₨24.5b (flat on 2Q 2020). Net income: PK₨1.91b (up 1.1% from 2Q 2020). Profit margin: 7.8% (up from 7.7% in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has fallen by 12% per year, which means it is performing significantly worse than earnings. Is New 90 Day High Low • Feb 04
New 90-day high: PK₨117 The company is up 31% from its price of PK₨89.68 on 06 November 2020. The Pakistani market is up 11% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 30% over the same period. Price Target Changed • Jan 11
Price target raised to PK₨124 Up from PK₨115, the current price target is provided by 1 analyst. The new target price is 9.1% above the current share price of PK₨114. As of last close, the stock is up 0.9% over the past year. Is New 90 Day High Low • Dec 30
New 90-day high: PK₨103 The company is up 1.0% from its price of PK₨102 on 01 October 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 12% over the same period. Reported Earnings • Oct 29
First quarter earnings released Over the last 12 months the company has reported total profits of PK₨5.95b, down 25% from the prior year. Total revenue was PK₨88.8b over the last 12 months, down 9.6% from the prior year. Is New 90 Day High Low • Oct 28
New 90-day low: PK₨91.16 The company is down 5.0% from its price of PK₨95.64 on 30 July 2020. The Pakistani market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 10.0% over the same period. Reported Earnings • Oct 09
Full year earnings released - EPS PK₨18.07 Over the last 12 months the company has reported total profits of PK₨6.35b, down 19% from the prior year. Total revenue was PK₨88.7b over the last 12 months, down 7.6% from the prior year. Profit margins were 7.2%, which is lower than the 8.1% margin from last year. The decrease in margin was driven by lower revenue. Reported Earnings • Sep 20
Full year earnings released - EPS PK₨18.07 Over the last 12 months the company has reported total profits of PK₨6.35b, down 19% from the prior year. Total revenue was PK₨88.7b over the last 12 months, down 7.6% from the prior year. Profit margins were 7.2%, which is lower than the 8.1% margin from last year. The decrease in margin was driven by lower revenue. 