공고 • Apr 22
Saritow Spinning Mills Limited to Report Q3, 2026 Results on Apr 30, 2026 Saritow Spinning Mills Limited announced that they will report Q3, 2026 results on Apr 30, 2026 공고 • Feb 20
Saritow Spinning Mills Limited to Report Q2, 2026 Results on Feb 27, 2026 Saritow Spinning Mills Limited announced that they will report Q2, 2026 results on Feb 27, 2026 Board Change • Jan 30
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 7 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Sadaf Kashif was the last independent 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: Minority of independent directors. Insufficient board refreshment. 공고 • Oct 24
Saritow Spinning Mills Limited to Report Q1, 2026 Results on Oct 30, 2025 Saritow Spinning Mills Limited announced that they will report Q1, 2026 results on Oct 30, 2025 공고 • Sep 01
Saritow Spinning Mills Limited, Annual General Meeting, Sep 19, 2025 Saritow Spinning Mills Limited, Annual General Meeting, Sep 19, 2025. Location: at 06-egerton road, opposite lda plaza, lahore Pakistan Reported Earnings • Sep 01
Full year 2025 earnings released: PK₨20.05 loss per share (vs PK₨10.35 loss in FY 2024) Full year 2025 results: PK₨20.05 loss per share (further deteriorated from PK₨10.35 loss in FY 2024). Net loss: PK₨598.2m (loss widened 94% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has increased by 22% per year, which means it is well ahead of earnings. 공고 • Aug 23
Saritow Spinning Mills Limited to Report Fiscal Year 2025 Results on Aug 29, 2025 Saritow Spinning Mills Limited announced that they will report fiscal year 2025 results on Aug 29, 2025 Valuation Update With 7 Day Price Move • May 08
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨11.37, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 7x in the Luxury industry in Pakistan. Total returns to shareholders of 35% over the past three years. New Risk • May 06
New major risk - Financial position The company's debt is not well covered by operating cash flow. Operating cash flow to total debt ratio: 15% 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 (15% operating cash flow to total debt). Share price has been highly volatile over the past 3 months (14% average weekly change). Revenue is less than US$1m (PK₨96m revenue, or US$341k). Market cap is less than US$10m (PK₨410.3m market cap, or US$1.46m). Minor Risk Large one-off items impacting financial results. New Risk • Mar 07
New major risk - Revenue size The company makes less than US$1m in revenue. Total revenue: PK₨235m (US$841k) This is considered a major risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 53% per year over the past 5 years. Revenue is less than US$1m (PK₨235m revenue, or US$841k). Market cap is less than US$10m (PK₨470.0m market cap, or US$1.68m). New Risk • Nov 14
New minor risk - Revenue size The company makes less than US$5m in revenue. Total revenue: PK₨1.1b (US$4.0m) This is considered a minor risk. Companies with a small amount of revenue are most likely businesses that have not yet released a product to market or are simply a very small company without a wide reach. Either way, risk is elevated with these companies because there is a chance the product may not come to fruition or the company's addressable market or demand may not be as large as expected. In addition, if the company's size is the main factor, it is less likely to have many investors and analysts following it and scrutinizing its performance and outlook. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (14% average weekly change). Earnings have declined by 58% per year over the past 5 years. Market cap is less than US$10m (PK₨283.2m market cap, or US$1.02m). Minor Risk Revenue is less than US$5m (PK₨1.1b revenue, or US$4.0m). 공고 • Nov 09
Saritow Spinning Mills Limited, Annual General Meeting, Nov 27, 2024 Saritow Spinning Mills Limited, Annual General Meeting, Nov 27, 2024. Location: at 06-egerton road, opposite lda plaza, lahore Pakistan Reported Earnings • May 06
Third quarter 2024 earnings released: PK₨2.32 loss per share (vs PK₨2.67 loss in 3Q 2023) Third quarter 2024 results: PK₨2.32 loss per share (improved from PK₨2.67 loss in 3Q 2023). Revenue: PK₨139.2m (down 78% from 3Q 2023). Net loss: PK₨69.1m (loss narrowed 13% from 3Q 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 86 percentage points per year, which is a significant difference in performance. 공고 • Mar 28
Saritow Spinning Mills Limited Appoints M. Zeid Yousuf Saigol as Chief Executive Officer Saritow Spinning Mills Limited announced the appointment of Mr. M. Zeid Yousuf Saigol as the new Chief Executive Officer. This significant appointment takes effect from March 27, 2024, and will span a term of three years. Reported Earnings • Oct 12
Full year 2023 earnings released: PK₨14.45 loss per share (vs PK₨3.06 profit in FY 2022) Full year 2023 results: PK₨14.45 loss per share (down from PK₨3.06 profit in FY 2022). Revenue: PK₨3.60b (down 26% from FY 2022). Net loss: PK₨431.2m (down PK₨522.6m from profit in FY 2022). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 74 percentage points per year, which is a significant difference in performance. Board Change • Oct 10
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 an independent director. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Sadaf Kashif was the last independent 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Mar 06
Second quarter 2023 earnings released: PK₨3.98 loss per share (vs PK₨0.05 profit in 2Q 2022) Second quarter 2023 results: PK₨3.98 loss per share (down from PK₨0.05 profit in 2Q 2022). Revenue: PK₨890.5m (down 26% from 2Q 2022). Net loss: PK₨118.7m (down PK₨120.3m from profit in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 11% 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 Sadaf Kashif was the last independent director to join the board, commencing their role in 2021. 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 • Nov 07
Investor sentiment improved over the past week After last week's 24% share price gain to PK₨7.23, the stock trades at a trailing P/E ratio of 2.4x. Average trailing P/E is 2x in the Luxury industry in Pakistan. Total returns to shareholders of 82% over the past three years. Reported Earnings • Oct 09
Full year 2022 earnings released: EPS: PK₨3.06 (vs PK₨5.85 in FY 2021) Full year 2022 results: EPS: PK₨3.06 (down from PK₨5.85 in FY 2021). Revenue: PK₨4.86b (up 33% from FY 2021). Net income: PK₨91.4m (down 48% from FY 2021). Profit margin: 1.9% (down from 4.8% 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 68% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Board Change • Apr 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. 6 non-independent directors. Independent Director Jamal Nasim 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 07
Full year 2021 earnings released: EPS PK₨5.85 (vs PK₨1.95 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₨3.65b (up 30% from FY 2020). Net income: PK₨174.4m (up PK₨232.6m from FY 2020). Profit margin: 4.8% (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 increased by 33% per year whereas the company’s share price has increased by 35% per year. Valuation Update With 7 Day Price Move • Aug 11
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨16.22, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 7x in the Luxury industry in Pakistan. Total returns to shareholders of 116% over the past three years. Valuation Update With 7 Day Price Move • May 24
Investor sentiment deteriorated over the past week After last week's 15% share price decline to PK₨13.59, the stock trades at a trailing P/E ratio of 27.3x. Average trailing P/E is 5x in the Luxury industry in Pakistan. Total returns to shareholders of 81% over the past three years. Valuation Update With 7 Day Price Move • Apr 29
Investor sentiment improved over the past week After last week's 18% share price gain to PK₨11.33, the stock trades at a trailing P/E ratio of 22.8x. Average trailing P/E is 9x in the Luxury industry in Pakistan. Total returns to shareholders of 61% over the past three years. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨9.94, the stock trades at a trailing P/E ratio of 20x. Average trailing P/E is 9x in the Luxury industry in Pakistan. Total returns to shareholders of 40% over the past three years. Valuation Update With 7 Day Price Move • Mar 25
Investor sentiment deteriorated over the past week After last week's 15% share price decline to PK₨9.98, the stock trades at a trailing P/E ratio of 20.1x. Average trailing P/E is 9x in the Luxury industry in Pakistan. Total returns to shareholders of 35% over the past three years. Executive Departure • Mar 24
Independent Director has left the company On the 22nd of March, Syed Raza Jaffari's tenure as Independent Director ended after less than a year in the role. We don't have any record of a personal shareholding under Syed Raza's name. A total of 3 executives have left over the last 12 months. Reported Earnings • Feb 28
Second quarter 2021 earnings released: EPS PK₨1.67 (vs PK₨0.22 loss in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: PK₨881.8m (down 5.8% from 2Q 2020). Net income: PK₨49.8m (up PK₨56.4m from 2Q 2020). Profit margin: 5.7% (up from net loss in 2Q 2020). Over the last 3 years on average, earnings per share has fallen by 29% per year but the company’s share price has increased by 23% per year, which means it is well ahead of earnings. Is New 90 Day High Low • Feb 17
New 90-day high: PK₨11.06 The company is up 73% from its price of PK₨6.40 on 19 November 2020. The Pakistani market is up 12% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 26% over the same period. Is New 90 Day High Low • Jan 13
New 90-day high: PK₨9.23 The company is up 114% from its price of PK₨4.32 on 15 October 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 18% over the same period. Is New 90 Day High Low • Dec 24
New 90-day high: PK₨6.70 The company is up 70% from its price of PK₨3.95 on 24 September 2020. The Pakistani market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 10.0% over the same period. Is New 90 Day High Low • Nov 07
New 90-day high: PK₨5.20 The company is up 49% from its price of PK₨3.50 on 07 August 2020. The Pakistani market is up 1.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 3.0% over the same period. Reported Earnings • Nov 01
First quarter earnings released Over the last 12 months the company has reported total losses of PK₨41.6m, with earnings decreasing by PK₨69.4m from the prior year. Total revenue was PK₨3.02b over the last 12 months, down 14% from the prior year. Is New 90 Day High Low • Oct 20
New 90-day high: PK₨4.79 The company is up 36% from its price of PK₨3.51 on 22 July 2020. The Pakistani market is up 5.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 7.0% over the same period. 공고 • Oct 10
Saritow Spinning Mills Limited Announces Change of Directors Saritow Spinning Mills Limited announced that Syed Raza Abbas Jaffari and Mr. Jamal Nasim has been appointed as Director of the Company with effect from October 07, 2020 in place of Mr. Arshad Ismail Khan and Mr. Muhammad Athar Rafiq. Reported Earnings • Oct 08
Full year earnings released - PK₨1.95 loss per share Over the last 12 months the company has reported total losses of PK₨58.2m, with earnings decreasing by PK₨110.4m from the prior year. Total revenue was PK₨2.81b over the last 12 months, down 20% from the prior year.