Reported Earnings • May 18
Third quarter 2026 earnings released: PK₨1.80 loss per share (vs PK₨2.39 loss in 3Q 2025) Third quarter 2026 results: PK₨1.80 loss per share (improved from PK₨2.39 loss in 3Q 2025). Revenue: PK₨938.9m (down 34% from 3Q 2025). Net loss: PK₨35.8m (loss narrowed 24% from 3Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 105 percentage points per year, which is a significant difference in performance. Annuncio • May 07
Idrees Textile Mills Limited to Report Q3, 2026 Results on May 14, 2026 Idrees Textile Mills Limited announced that they will report Q3, 2026 results on May 14, 2026 Annuncio • Apr 23
Idrees Textile Mills Limited to Report Q3, 2026 Results on Apr 30, 2026 Idrees Textile Mills Limited announced that they will report Q3, 2026 results on Apr 30, 2026 Reported Earnings • Apr 02
Second quarter 2026 earnings released: PK₨1.45 loss per share (vs PK₨0.70 loss in 2Q 2025) Second quarter 2026 results: PK₨1.45 loss per share (further deteriorated from PK₨0.70 loss in 2Q 2025). Revenue: PK₨1.23b (down 1.4% from 2Q 2025). Net loss: PK₨28.8m (loss widened 108% from 2Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 106 percentage points per year, which is a significant difference in performance. Annuncio • Mar 19
Idrees Textile Mills Limited to Report Q2, 2026 Final Results on Mar 31, 2026 Idrees Textile Mills Limited announced that they will report Q2, 2026 final results at 12:30 PM, Pakistan Standard Time on Mar 31, 2026 Reported Earnings • Nov 30
Third quarter 2025 earnings released: PK₨2.39 loss per share (vs PK₨2.87 loss in 3Q 2024) Third quarter 2025 results: PK₨2.39 loss per share (improved from PK₨2.87 loss in 3Q 2024). Revenue: PK₨1.41b (down 12% from 3Q 2024). Net loss: PK₨47.4m (loss narrowed 17% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 132 percentage points per year, which is a significant difference in performance. Annuncio • Nov 20
Idrees Textile Mills Limited to Report Q1, 2026 Results on Nov 27, 2025 Idrees Textile Mills Limited announced that they will report Q1, 2026 results on Nov 27, 2025 New Risk • Nov 17
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2025. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. Currently, the following risks have been identified for the company: Major Risks Interest payments are not well covered by earnings (0.5x net interest cover). 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₨423.3m market cap, or US$1.51m). Minor Risk Latest financial reports are more than 6 months old (reported March 2025 fiscal period end). Annuncio • Nov 06
Idrees Textile Mills Limited, Annual General Meeting, Nov 27, 2025 Idrees Textile Mills Limited, Annual General Meeting, Nov 27, 2025. Location: hotel faran, 8-a p.e.c.h.s, block-6 main shahra-e-faisal, karachi Pakistan Annuncio • Oct 29
Idrees Textile Mills Limited to Report Fiscal Year 2025 Results on Nov 04, 2025 Idrees Textile Mills Limited announced that they will report fiscal year 2025 results at 9:30 AM, Pakistan Standard Time on Nov 04, 2025 Reported Earnings • May 02
Third quarter 2025 earnings released: PK₨2.39 loss per share (vs PK₨2.87 loss in 3Q 2024) Third quarter 2025 results: PK₨2.39 loss per share (improved from PK₨2.87 loss in 3Q 2024). Revenue: PK₨1.41b (down 12% from 3Q 2024). Net loss: PK₨47.4m (loss narrowed 17% from 3Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 124 percentage points per year, which is a significant difference in performance. Annuncio • Dec 02
Idrees Textile Mills Limited Announces Resignation of Muhammad Zubair as A Non-Executive Director on the Board of Directors Idrees Textile Mills Limited announced that Mr. Muhammad Zubair has resigned from his position as a Non-Executive Director on the Board of Directors effective November 28, 2024. The company announced the resignation and indicated that the Board of Directors will address the casual vacancy resulting from Mr. Zubair's departure in due course. New Risk • Dec 01
New major risk - Revenue and earnings growth Earnings have declined by 13% 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 (0.5x net interest cover). Share price has been highly volatile over the past 3 months (12% average weekly change). Earnings have declined by 13% per year over the past 5 years. Market cap is less than US$10m (PK₨288.7m market cap, or US$1.04m). Reported Earnings • Nov 08
Full year 2024 earnings released: PK₨9.65 loss per share (vs PK₨0.63 loss in FY 2023) Full year 2024 results: PK₨9.65 loss per share (further deteriorated from PK₨0.63 loss in FY 2023). Revenue: PK₨6.47b (up 54% from FY 2023). Net loss: PK₨191.5m (loss widened PK₨179.0m from FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 75 percentage points per year, which is a significant difference in performance. Annuncio • Nov 07
Idrees Textile Mills Limited, Annual General Meeting, Nov 27, 2024 Idrees Textile Mills Limited, Annual General Meeting, Nov 27, 2024. Location: at embassy inn.100-b, smchs nursery main, shahrah-e-faisal, karachi Pakistan Board Change • Jul 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 Syed Arif 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. Board Change • May 13
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 Syed Arif 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. Board Change • Feb 29
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 Syed Arif 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. Board Change • Jan 02
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 Syed Arif 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. Board Change • Nov 24
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 Syed Arif 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. Board Change • Oct 25
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 Syed Arif 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. Board Change • Oct 03
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 Syed Arif 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. Board Change • Sep 19
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 Syed Arif 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. New Risk • Aug 31
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended December 2022. This is considered a minor risk. If the company has not reported its earnings on time, it may have been delayed due to audit problems or it may be finding it difficult to reconcile its accounts. 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). Shares are highly illiquid. High level of non-cash earnings (28% accrual ratio). Market cap is less than US$10m (PK₨318.6m market cap, or US$1.05m). Minor Risk Latest financial reports are more than 6 months old (reported December 2022 fiscal period end). Board Change • Aug 22
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 Syed Arif 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. Board Change • Jul 04
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 Syed Arif 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. Board Change • Jun 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 Syed Arif 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. 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 Syed Arif 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. Board Change • May 02
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 Syed Arif 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. Board Change • Mar 15
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. 4 non-independent directors. Independent Director Syed Arif 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. Board Change • Jan 23
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. 6 non-independent directors. Independent Director Syed Arif 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. Board Change • Jan 09
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. 6 non-independent directors. Independent Director Syed Arif 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. Board Change • Dec 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. 6 non-independent directors. Independent Director Syed Arif 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. Board Change • Nov 17
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 Syed Arif 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. Annuncio • Oct 09
Idrees Textile Mills Limited, Annual General Meeting, Oct 27, 2022 Idrees Textile Mills Limited, Annual General Meeting, Oct 27, 2022, at 15:30 Pakistan Standard Time. Location: Hotel Mehran, Shahrah-e-Faisal Karachi Pakistan Agenda: To confirm the minutes of the last Annual General Meeting held on October 28, 2021; to receive, consider and adopt Annual Audited Financial Statements of the Company for the year ended June 30, 2022 together with Chairman's Review, Directors' and Auditors' Report thereon; to appoint Auditors of the Company for the year ending on June 30, 2023 and fix their remuneration, the retiring auditors M/s Yousuf Adil Chartered Accountants , being eligible, offer themselves for re-appointment; and to transact any other business that may be placed before the meeting with the permission of the Chairman. Reported Earnings • Oct 09
Full year 2022 earnings released: EPS: PK₨21.07 (vs PK₨8.05 in FY 2021) Full year 2022 results: EPS: PK₨21.07 (up from PK₨8.05 in FY 2021). Revenue: PK₨5.18b (up 29% from FY 2021). Net income: PK₨418.4m (up 162% from FY 2021). Profit margin: 8.1% (up from 4.0% in FY 2021). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 98% per year but the company’s share price has only increased by 14% per year, which means it is significantly lagging earnings growth. Board Change • Sep 27
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Mohammed Israil was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Sep 05
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Mohammed Israil was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 16
No independent directors Following the recent departure of a director, there are no independent directors on the board. The company's board is composed of: No independent directors. 8 non-independent directors. Director Mohammed Israil was the last director to join the board, commencing their role in 2021. The company's lack of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jun 17
No independent directors 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: No independent directors. 8 non-independent directors. Director Mohammed Israil was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Board Change • Mar 29
No independent directors 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: No independent directors. 8 non-independent directors. Director Mohammed Israil was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Board Change • Feb 09
No independent directors 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: No independent directors. 8 non-independent directors. Director Mohammed Israil was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Board Change • Jan 10
No independent directors 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: No independent directors. 8 non-independent directors. Director Mohammed Israil was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Board Change • Dec 08
No independent directors 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: No independent directors. 8 non-independent directors. Director Mohammed Israil was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Upcoming Dividend • Oct 14
Upcoming dividend of PK₨1.00 per share Eligible shareholders must have bought the stock before 21 October 2021. Payment date: 18 November 2021. Trailing yield: 5.3%. Lower than top quartile of Pakistani dividend payers (11%). Higher than average of industry peers (3.7%). Reported Earnings • Oct 06
Full year 2021 earnings released: EPS PK₨8.05 (vs PK₨5.17 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨4.00b (up 24% from FY 2020). Net income: PK₨159.8m (up PK₨262.4m from FY 2020). Profit margin: 4.0% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 47% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Board Change • Sep 02
No independent directors 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: No independent directors. 8 non-independent directors. Director Mohammed Israil was the last director to join the board, commencing their role in 2021. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Lack of board continuity. Reported Earnings • May 02
Third quarter 2021 earnings released: EPS PK₨2.49 (vs PK₨1.61 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₨1.08b (up 18% from 3Q 2020). Net income: PK₨49.5m (up PK₨81.4m from 3Q 2020). Profit margin: 4.6% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 103 percentage points per year, which is a significant difference in performance. Reported Earnings • Feb 28
Second quarter 2021 earnings released: EPS PK₨0.70 (vs PK₨1.68 in 2Q 2020) The company reported a soft second quarter result with weaker earnings and profit margins, although revenues improved. Second quarter 2021 results: Revenue: PK₨930.6m (up 4.4% from 2Q 2020). Net income: PK₨14.0m (down 58% from 2Q 2020). Profit margin: 1.5% (down from 3.7% in 2Q 2020). The decrease in margin was driven by higher expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 111 percentage points per year, which is a significant difference in performance. Annuncio • Feb 10
Idrees Textile Mills Limited Announces Executive Changes Idress Textile Mills Limited informed that Mr. Muhammad Israil has been appointed as Director with effect from February 04, 2021 in place of Mr. Naeem Idress Allawala. Executive Departure • Jan 30
Non-Executive Director has left the company On the 26th of January, Naeem Allawala's tenure in the role of Non-Executive Director ended. As of September 2020, Naeem personally held 4.44m shares (PK₨69m worth at the time). Naeem is the only executive to leave the company over the last 12 months. Annuncio • Jan 29
Idress Textile Mills Limited Announces Resignation of Naeem Idress Allawala as Director Idress Textile Mills Limited announced that Mr. Naeem Idress Allawala Director of the company has resigned from his position with effect from January 26, 2021 to fulfill the requirement of Regulation No. 3 of listed Companies Regulation 2019. Annuncio • Nov 12
Idrees Textile Mills Limited Appoints Muhammad Idress Allawala as Chairman of the Board of Directors Idress Textile Mills Limited announced that the Board of Directors of the Company has appointed Mr. Muhammad Idress Allawala as Chairman of the Board of Directors of the Company with effect from October 28, 2020 for the next of three years. Reported Earnings • Oct 28
First quarter earnings released Over the last 12 months the company has reported total losses of PK₨78.7m, with earnings decreasing by PK₨89.6m from the prior year. Total revenue was PK₨3.17b over the last 12 months, down 11% from the prior year. Reported Earnings • Oct 06
Full year earnings released - PK₨5.17 loss per share Over the last 12 months the company has reported total losses of PK₨102.6m, with earnings decreasing by PK₨134.7m from the prior year. Total revenue was PK₨3.24b over the last 12 months, down 6.7% from the prior year.