Reported Earnings • May 05
Third quarter 2026 earnings released: EPS: PK₨6.33 (vs PK₨14.67 in 3Q 2025) Third quarter 2026 results: EPS: PK₨6.33 (down from PK₨14.67 in 3Q 2025). Net income: PK₨223.4m (down 57% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 96% per year but the company’s share price has only increased by 56% per year, which means it is significantly lagging earnings growth. Declared Dividend • May 01
Dividend of PK₨1.25 announced Shareholders will receive a dividend of PK₨1.25. Ex-date: 7th May 2026 Payment date: 3rd June 2026 Dividend yield will be 44%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (56% cash payout ratio). The dividend has increased by an average of 77% per year over the past 8 years. However, payments have been volatile during that time. Earnings per share has grown by 63% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Annuncio • Apr 21
United Distributors Pakistan Limited to Report Nine Months, 2026 Results on Apr 28, 2026 United Distributors Pakistan Limited announced that they will report nine months, 2026 results on Apr 28, 2026 Declared Dividend • Mar 02
Dividend of PK₨1.25 announced Shareholders will receive a dividend of PK₨1.25. Ex-date: 6th March 2026 Payment date: 1st April 2026 Dividend yield will be 44%, which is higher than the industry average of 2.3%. Sustainability & Growth Dividend is covered by both earnings (58% earnings payout ratio) and cash flows (43% cash payout ratio). The dividend has increased by an average of 90% per year over the past 7 years. However, payments have been volatile during that time. Earnings per share has grown by 63% over the last 5 years. Unless this trend reverses, it should provide support to the dividend and adequate earnings cover. Reported Earnings • Feb 28
Second quarter 2026 earnings released: EPS: PK₨6.61 (vs PK₨4.25 in 2Q 2025) Second quarter 2026 results: EPS: PK₨6.61 (up from PK₨4.25 in 2Q 2025). Net income: PK₨233.1m (up 56% from 2Q 2025). Over the last 3 years on average, earnings per share has increased by 110% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Annuncio • Feb 18
United Distributors Pakistan Limited to Report First Half, 2026 Results on Feb 25, 2026 United Distributors Pakistan Limited announced that they will report first half, 2026 results on Feb 25, 2026 Buy Or Sell Opportunity • Jan 22
Now 20% undervalued The stock has been flat over the last 90 days, currently trading at PK₨134. The fair value is estimated to be PK₨167, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Jan 06
Now 20% undervalued Over the last 90 days, the stock has risen 36% to PK₨135. The fair value is estimated to be PK₨168, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Buy Or Sell Opportunity • Dec 22
Now 20% undervalued Over the last 90 days, the stock has risen 40% to PK₨136. The fair value is estimated to be PK₨170, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Nov 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to PK₨136, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 14x in the Trade Distributors industry in Asia. Total returns to shareholders of 713% over the past three years. Reported Earnings • Nov 04
First quarter 2026 earnings released: EPS: PK₨11.98 (vs PK₨4.24 in 1Q 2025) First quarter 2026 results: EPS: PK₨11.98 (up from PK₨4.24 in 1Q 2025). Net income: PK₨422.7m (up 183% from 1Q 2025). Over the last 3 years on average, earnings per share has increased by 117% per year but the company’s share price has only increased by 55% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Oct 30
Now 28% undervalued Over the last 90 days, the stock has risen 31% to PK₨121. The fair value is estimated to be PK₨168, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 15% over the last 3 years. Meanwhile, the company has become profitable. Annuncio • Oct 24
United Distributors Pakistan Limited to Report Q2, 2026 Results on Oct 22, 2025 United Distributors Pakistan Limited announced that they will report Q2, 2026 results on Oct 22, 2025 Valuation Update With 7 Day Price Move • Oct 24
Investor sentiment improves as stock rises 28% After last week's 28% share price gain to PK₨133, the stock trades at a trailing P/E ratio of 5.2x. Average trailing P/E is 14x in the Trade Distributors industry in Asia. Total returns to shareholders of 568% over the past three years. Upcoming Dividend • Oct 10
Upcoming dividend of PK₨1.25 per share Eligible shareholders must have bought the stock before 17 October 2025. Payment date: 17 November 2025. Payout ratio is a comfortable 18% but the company is not cash flow positive. Trailing yield: 4.5%. Lower than top quartile of Pakistani dividend payers (7.4%). Higher than average of industry peers (2.7%). Annuncio • Sep 29
United Distributors Pakistan Limited, Annual General Meeting, Oct 27, 2025 United Distributors Pakistan Limited, Annual General Meeting, Oct 27, 2025. Reported Earnings • Sep 28
Full year 2025 earnings released: EPS: PK₨25.61 (vs PK₨10.28 in FY 2024) Full year 2025 results: EPS: PK₨25.61 (up from PK₨10.28 in FY 2024). Revenue: PK₨963.6m (down 13% from FY 2024). Net income: PK₨903.4m (up 149% from FY 2024). Profit margin: 94% (up from 33% in FY 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 115% per year but the company’s share price has only increased by 47% per year, which means it is significantly lagging earnings growth. Buy Or Sell Opportunity • Sep 25
Now 25% overvalued after recent price rise Over the last 90 days, the stock has risen 78% to PK₨116. The fair value is estimated to be PK₨92.63, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to PK₨96.76, the stock trades at a trailing P/E ratio of 3.1x. Average trailing P/E is 15x in the Trade Distributors industry in Asia. Total returns to shareholders of 389% over the past three years. Annuncio • Sep 19
United Distributors Pakistan Limited to Report Q4, 2025 Results on Sep 25, 2025 United Distributors Pakistan Limited announced that they will report Q4, 2025 results on Sep 25, 2025 New Risk • Jul 28
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 8.0% 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: Major Risk Market cap is less than US$10m (PK₨3.43b market cap, or US$12.1m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (8.0% average weekly change). Revenue is less than US$5m (PK₨1.1b revenue, or US$3.8m). Buy Or Sell Opportunity • Jul 28
Now 24% undervalued Over the last 90 days, the stock has risen 7.3% to PK₨73.96. The fair value is estimated to be PK₨97.27, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 22% over the last 3 years. Meanwhile, the company has become profitable. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨88.40, the stock trades at a trailing P/E ratio of 2.9x. Average trailing P/E is 14x in the Trade Distributors industry in Asia. Total returns to shareholders of 222% over the past three years. New Risk • Mar 24
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 6.6% 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 Risk Market cap is less than US$10m (PK₨1.96b market cap, or US$7.00m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (6.6% average weekly change). Revenue is less than US$5m (PK₨1.1b revenue, or US$3.9m). Valuation Update With 7 Day Price Move • Mar 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨61.17, the stock trades at a trailing P/E ratio of 3.7x. Average trailing P/E is 14x in the Trade Distributors industry in Asia. Total returns to shareholders of 70% over the past three years. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨54.00, the stock trades at a trailing P/E ratio of 4.1x. Average trailing P/E is 14x in the Trade Distributors industry in Asia. Total returns to shareholders of 49% over the past three years. New Risk • Nov 14
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 9.4% 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 Share price has been highly volatile over the past 3 months (9.4% average weekly change). Market cap is less than US$10m (PK₨1.47b market cap, or US$5.31m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Revenue is less than US$5m (PK₨1.1b revenue, or US$3.9m). Valuation Update With 7 Day Price Move • Nov 14
Investor sentiment improves as stock rises 25% After last week's 25% share price gain to PK₨45.98, the stock trades at a trailing P/E ratio of 3.5x. Average trailing P/E is 14x in the Trade Distributors industry in Asia. Total returns to shareholders of 31% over the past three years. Reported Earnings • Nov 02
First quarter 2025 earnings released: EPS: PK₨4.24 (vs PK₨1.23 in 1Q 2024) First quarter 2025 results: EPS: PK₨4.24 (up from PK₨1.23 in 1Q 2024). Revenue: PK₨227.1m (down 11% from 1Q 2024). Net income: PK₨149.6m (up 244% from 1Q 2024). Profit margin: 66% (up from 17% in 1Q 2024). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 47% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Oct 11
Upcoming dividend of PK₨4.00 per share Eligible shareholders must have bought the stock before 18 October 2024. Payment date: 18 November 2024. Trailing yield: 9.4%. Lower than top quartile of Pakistani dividend payers (11%). Higher than average of industry peers (3.0%). New Risk • Oct 02
New minor risk - Dividend sustainability The company has an unstable dividend paying track record. The dividend has had an annual drop of over 20% in the past. Dividend yield: 10.0% This is considered a minor risk. If the company has cut or reduced its dividend in the past, it may be a sign that the underlying business is too cyclical to consistently maintain or grow the dividend over the long-term. It may also indicate the company prioritizes other outcomes instead of maintaining the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risk Market cap is less than US$10m (PK₨1.42b market cap, or US$5.11m). Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Share price has been volatile over the past 3 months (9.3% average weekly change). Revenue is less than US$5m (PK₨1.1b revenue, or US$4.0m). Reported Earnings • Oct 01
Full year 2024 earnings released: EPS: PK₨10.28 (vs PK₨10.56 loss in FY 2023) Full year 2024 results: EPS: PK₨10.28 (up from PK₨10.56 loss in FY 2023). Revenue: PK₨1.11b (up 42% from FY 2023). Net income: PK₨362.5m (up PK₨735.0m from FY 2023). Profit margin: 33% (up from net loss in FY 2023). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Annuncio • Sep 28
United Distributors Pakistan Limited, Annual General Meeting, Oct 28, 2024 United Distributors Pakistan Limited, Annual General Meeting, Oct 28, 2024. Annuncio • Sep 27
United Distributors Pakistan Limited Appoints Amir Iqbal as Independent Director United Distributors Pakistan Limited announced the appointment of Mr. Amir Iqbal as its new Independent Director. This change will take effect starting September 25, 2024, as confirmed in a recent disclosure to the Pakistan Stock Exchange (PSX). Mr. Iqbal will be taking over the role from Mr. M.A. Samie Cashmiri. The decision comes as part of a routine board restructuring aimed at infusing new perspectives and maintaining a dynamic governance framework within the company. According to information available from the Pakistan Stock Exchange (PSX), this appointment is expected to bring a wealth of knowledge and experience to the boardroom of United Distributors. Mr. Iqbal's expertise in corporate governance and strategic planning is anticipated to be instrumental in steering the company through its future initiatives and challenges. Reported Earnings • May 10
Third quarter 2024 earnings released: EPS: PK₨0.49 (vs PK₨0.05 in 3Q 2023) Third quarter 2024 results: EPS: PK₨0.49 (up from PK₨0.05 in 3Q 2023). Revenue: PK₨249.7m (up 27% from 3Q 2023). Net income: PK₨17.1m (up PK₨15.3m from 3Q 2023). Profit margin: 6.9% (up from 0.9% in 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 28% 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. Board Change • Apr 17
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Muhammad Salman Chawala was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 12
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Muhammad Salman Chawala was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 21
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Muhammad Salman Chawala was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Reported Earnings • Oct 11
Full year 2023 earnings released: PK₨10.56 loss per share (vs PK₨9.99 loss in FY 2022) Full year 2023 results: PK₨10.56 loss per share (further deteriorated from PK₨9.99 loss in FY 2022). Revenue: PK₨785.5m (up 19% from FY 2022). Net loss: PK₨372.5m (loss widened 5.7% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 40% per year but the company’s share price has only fallen by 3% per year, which means it has not declined as severely as earnings. Board Change • Aug 23
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Muhammad Salman Chawala was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Aug 03
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Muhammad Salman Chawala was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • May 12
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Muhammad Salman Chawala was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Apr 18
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Muhammad Salman Chawala was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Mar 13
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Muhammad Salman Chawala was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Jan 31
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Muhammad Salman Chawala was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Nov 18
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, none were independent directors. The company's board is composed of: 1 independent director. 6 non-independent directors. Independent Director Muhammad Salman Chawala was the last independent director to join the board, commencing their role in 2014. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Board Change • Jul 28
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 5 non-independent directors. Independent Director Muhammad Salman Chawala was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 26
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 Salman Chawala was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • May 11
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 Salman Chawala was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Apr 01
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 Salman Chawala was the last independent director to join the board, commencing their role in 2014. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨41.02, the stock trades at a trailing P/E ratio of 12.9x. Average trailing P/E is 13x in the Trade Distributors industry in Asia. Total returns to shareholders of 23% over the past three years. Reported Earnings • Nov 03
Full year 2021 earnings released: PK₨2.22 loss per share (vs PK₨6.32 loss in FY 2020) The company reported a solid full year result with reduced losses and improved control over expenses, although revenues were flat. Full year 2021 results: Revenue: PK₨646.6m (flat on FY 2020). Net loss: PK₨78.5m (loss narrowed 65% from FY 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 88 percentage points per year, which is a significant difference in performance. Executive Departure • Aug 10
Director Aisha Zakaria has left the company On the 5th of August, Aisha Zakaria's tenure as Director ended after 1.1 years in the role. We don't have any record of a personal shareholding under Aisha's name. A total of 4 executives have left over the last 12 months. Reported Earnings • May 02
Third quarter 2021 earnings released: EPS PK₨0.27 (vs PK₨4.02 loss in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨147.4m (up 9.8% from 3Q 2020). Net income: PK₨9.62m (up PK₨151.3m from 3Q 2020). Profit margin: 6.5% (up from net loss in 3Q 2020). The move to profitability was primarily driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 104 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 28
Second quarter 2021 earnings released: PK₨3.13 loss per share (vs PK₨3.89 loss in 2Q 2020) The company reported a solid second quarter result with reduced losses, improved revenues and improved control over expenses. Second quarter 2021 results: Revenue: PK₨167.6m (up 5.3% from 2Q 2020). Net loss: PK₨110.5m (loss narrowed 19% from 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 119 percentage points per year, which is a significant difference in performance. Annuncio • Feb 20
United Distributors Pakistan Limited Appoints Muhammad Abdul Samie Cashmiri as Director United Distributors Pakistan Limited announced that Mr. Muhammad Abdul Samie Cashmiri has been appointed as Director with effect from February 18, 2020 in place of Mr. Rashid Abdullah who passed away. Is New 90 Day High Low • Jan 28
New 90-day high: PK₨67.12 The company is up 71% from its price of PK₨39.18 on 29 October 2020. The Pakistani market is up 13% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 15% over the same period. Annuncio • Jan 22
United Distributors Pakistan Limited Appoints Ayaz Abdullah as Chairman United Distributors Pakistan Limited informed Pakistan Stock Exchange that Mr. Ayaz Abdullah Director has been appointed as Chairman with effect from January 20, 2021 in place of Mr. Rashid Abdullah (Late). Is New 90 Day High Low • Dec 30
New 90-day high: PK₨65.00 The company is up 55% from its price of PK₨42.00 on 01 October 2020. The Pakistani market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Trade Distributors industry, which is up 9.0% over the same period. Reported Earnings • Oct 02
Full year earnings released - PK₨6.32 loss per share Over the last 12 months the company has reported total losses of PK₨223.0m, with earnings decreasing by PK₨273.5m from the prior year. Total revenue was PK₨644.3m over the last 12 months, up 19% from the prior year.