Reported Earnings • Apr 23
Third quarter 2026 earnings released: EPS: PK₨0.58 (vs PK₨1.33 in 3Q 2025) Third quarter 2026 results: EPS: PK₨0.58 (down from PK₨1.33 in 3Q 2025). Revenue: PK₨462.9m (down 26% from 3Q 2025). Net income: PK₨6.60m (down 57% from 3Q 2025). Profit margin: 1.4% (down from 2.5% in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 31% per year but the company’s share price has increased by 24% per year, which means it is well ahead of earnings. New Risk • Apr 23
New major risk - Revenue and earnings growth Earnings have declined by 21% 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 Earnings have declined by 21% per year over the past 5 years. Market cap is less than US$10m (PK₨772.8m market cap, or US$2.77m). 공시 • Apr 15
Bolan Castings Limited to Report Q3, 2026 Results on Apr 22, 2026 Bolan Castings Limited announced that they will report Q3, 2026 results on Apr 22, 2026 Reported Earnings • Feb 16
Second quarter 2026 earnings released: PK₨2.97 loss per share (vs PK₨0.28 profit in 2Q 2025) Second quarter 2026 results: PK₨2.97 loss per share (down from PK₨0.28 profit in 2Q 2025). Revenue: PK₨421.9m (down 4.3% from 2Q 2025). Net loss: PK₨34.0m (down PK₨37.3m from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 3% per year but the company’s share price has increased by 30% per year, which means it is well ahead of earnings. 공시 • Feb 04
Bolan Castings Limited to Report First Half, 2026 Results on Feb 12, 2026 Bolan Castings Limited announced that they will report first half, 2026 results on Feb 12, 2026 공시 • Jan 06
Bolan Castings Limited Announces Appointment of Syed Javaid Ashraf as Independent Director, Effective January 6, 2026 Bolan Castings Limited announced that Mr. Syed Javaid Ashraf has been co-opted as an Independent Director on the Board of Directors of Bolan Castings Limited with effect from January 06, 2026, for the remaining term of the Board expiring on October 28, 2026, against the casual vacancy arising due to the resignation of Mr. Abdul Hamid Ahmed Dagia. Reported Earnings • Oct 24
First quarter 2026 earnings released: EPS: PK₨0.95 (vs PK₨3.37 loss in 1Q 2025) First quarter 2026 results: EPS: PK₨0.95 (up from PK₨3.37 loss in 1Q 2025). Revenue: PK₨292.9m (down 29% from 1Q 2025). Net income: PK₨10.9m (up PK₨49.6m from 1Q 2025). Profit margin: 3.7% (up from net loss in 1Q 2025). The move to profitability was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 13% per year but the company’s share price has increased by 36% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Oct 11
Less than half of directors are independent There is 1 new director who has joined the board in the last 3 years. The new board member was not an independent director. The company's board is composed of: 1 new director. 3 experienced directors. 4 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Abdul Hamid Dagia was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. 공시 • Sep 11
Bolan Castings Limited, Annual General Meeting, Oct 22, 2025 Bolan Castings Limited, Annual General Meeting, Oct 22, 2025. Location: karachi Pakistan Reported Earnings • Apr 28
Third quarter 2025 earnings released: EPS: PK₨1.33 (vs PK₨5.97 in 3Q 2024) Third quarter 2025 results: EPS: PK₨1.33 (down from PK₨5.97 in 3Q 2024). Revenue: PK₨622.2m (down 35% from 3Q 2024). Net income: PK₨15.3m (down 78% from 3Q 2024). Profit margin: 2.5% (down from 7.2% in 3Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 16% per year whereas the company’s share price has increased by 20% per year. New Risk • Apr 17
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 6.9% 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₨1.19b market cap, or US$4.26m). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Reported Earnings • Feb 12
Second quarter 2025 earnings released: EPS: PK₨0.28 (vs PK₨9.03 in 2Q 2024) Second quarter 2025 results: EPS: PK₨0.28 (down from PK₨9.03 in 2Q 2024). Revenue: PK₨440.9m (down 56% from 2Q 2024). Net income: PK₨3.22m (down 97% from 2Q 2024). Profit margin: 0.7% (down from 10% in 2Q 2024). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has only increased by 5% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 10
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨93.85, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 19x in the Metals and Mining industry in Pakistan. Total returns to shareholders of 10% over the past three years. Valuation Update With 7 Day Price Move • Nov 29
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to PK₨114, the stock trades at a trailing P/E ratio of 19.3x. Average trailing P/E is 12x in the Metals and Mining industry in Pakistan. Total returns to shareholders of 3.5% over the past three years. Reported Earnings • Oct 05
Full year 2024 earnings released: EPS: PK₨10.34 (vs PK₨2.16 loss in FY 2023) Full year 2024 results: EPS: PK₨10.34 (up from PK₨2.16 loss in FY 2023). Revenue: PK₨3.39b (up 57% from FY 2023). Net income: PK₨118.7m (up PK₨143.4m from FY 2023). Profit margin: 3.5% (up from net loss in FY 2023). The move to profitability 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 8% per year, which means it is significantly lagging earnings. New Risk • Oct 05
New minor risk - Financial position The company has a high level of debt. Net debt to equity ratio: 53% This is considered a minor risk. Having a high level of debt increases the company's balance sheet risk. The company has a higher interest repayment burden, leading to the need to allocate a greater amount of its earnings towards servicing the debt, potentially limiting growth options or shareholder distributions. It can also increase the risk of bankruptcy if business conditions deteriorate enough that the company can no longer meet its debt obligations. 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₨1.08b market cap, or US$3.89m). Minor Risk High level of debt (53% net debt to equity). Valuation Update With 7 Day Price Move • Sep 27
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to PK₨101, the stock trades at a trailing P/E ratio of 9.8x. Average trailing P/E is 9x in the Metals and Mining industry in Pakistan. Total loss to shareholders of 21% over the past three years. Buy Or Sell Opportunity • Sep 09
Now 21% undervalued after recent price drop Over the last 90 days, the stock has fallen 40% to PK₨84.87. The fair value is estimated to be PK₨107, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 6.3% over the last 3 years, while earnings per share has been flat. 공시 • Sep 04
Bolan Castings Limited, Annual General Meeting, Oct 24, 2024 Bolan Castings Limited, Annual General Meeting, Oct 24, 2024. Valuation Update With 7 Day Price Move • Aug 23
Investor sentiment deteriorates as stock falls 20% After last week's 20% share price decline to PK₨94.51, the stock trades at a trailing P/E ratio of 4.9x. Average trailing P/E is 6x in the Metals and Mining industry in Pakistan. Total loss to shareholders of 39% over the past three years. Valuation Update With 7 Day Price Move • Apr 20
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨142, the stock trades at a trailing P/E ratio of 10.4x. Average trailing P/E is 6x in the Metals and Mining industry in Pakistan. Total returns to shareholders of 84% over the past three years. Valuation Update With 7 Day Price Move • Mar 29
Investor sentiment improves as stock rises 29% After last week's 29% share price gain to PK₨119, the stock trades at a trailing P/E ratio of 8.7x. Average trailing P/E is 6x in the Metals and Mining industry in Pakistan. Total returns to shareholders of 35% over the past three years. Valuation Update With 7 Day Price Move • Mar 14
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨74.58, the stock trades at a trailing P/E ratio of 5.4x. Average trailing P/E is 8x in the Metals and Mining industry in Pakistan. Total loss to shareholders of 31% over the past three years. Buy Or Sell Opportunity • Mar 12
Now 22% undervalued Over the last 90 days, the stock has risen 31% to PK₨69.38. The fair value is estimated to be PK₨89.47, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has grown by 9.1% over the last 3 years. Meanwhile, the company has become profitable. New Risk • Feb 22
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 7.4% 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). Market cap is less than US$10m (PK₨565.1m market cap, or US$2.02m). Minor Risk Share price has been volatile over the past 3 months (7.4% average weekly change). Valuation Update With 7 Day Price Move • Feb 20
Investor sentiment improves as stock rises 15% After last week's 15% share price gain to PK₨46.12, the stock trades at a trailing P/E ratio of 56.1x. Average trailing P/E is 6x in the Metals and Mining industry in Pakistan. Total loss to shareholders of 56% over the past three years. New Risk • Dec 13
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.8x 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 (1.8x net interest cover). Market cap is less than US$10m (PK₨641.5m market cap, or US$2.26m). Reported Earnings • Oct 06
Full year 2023 earnings released: PK₨2.60 loss per share (vs PK₨1.34 profit in FY 2022) Full year 2023 results: PK₨2.60 loss per share (down from PK₨1.34 profit in FY 2022). Revenue: PK₨2.16b (down 21% from FY 2022). Net loss: PK₨24.7m (down 261% from profit in FY 2022). Over the last 3 years on average, earnings per share has increased by 57% per year but the company’s share price has fallen by 17% per year, which means it is significantly lagging earnings. Reported Earnings • Feb 26
Second quarter 2023 earnings released: PK₨3.84 loss per share (vs PK₨0.78 loss in 2Q 2022) Second quarter 2023 results: PK₨3.84 loss per share (further deteriorated from PK₨0.78 loss in 2Q 2022). Revenue: PK₨455.7m (down 39% from 2Q 2022). Net loss: PK₨44.0m (loss widened 394% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 84% per year but the company’s share price has fallen by 4% per year, which means it is significantly lagging earnings. Board Change • Nov 16
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Abdul Hamid Dagia 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. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment deteriorated over the past week After last week's 15% share price decline to PK₨53.14, the stock trades at a trailing P/E ratio of 4.2x. Average trailing P/E is 4x in the Metals and Mining industry in Pakistan. Total returns to shareholders of 41% over the past three years. Valuation Update With 7 Day Price Move • Jul 20
Investor sentiment deteriorated over the past week After last week's 18% share price decline to PK₨56.22, the stock trades at a trailing P/E ratio of 4.4x. Average trailing P/E is 4x in the Metals and Mining industry in Pakistan. Total returns to shareholders of 44% over the past three years. Valuation Update With 7 Day Price Move • Jul 04
Investor sentiment improved over the past week After last week's 15% share price gain to PK₨57.56, the stock trades at a trailing P/E ratio of 4.5x. Average trailing P/E is 4x in the Metals and Mining industry in Pakistan. Total returns to shareholders of 48% over the past three years. 공시 • Jun 04
Bolan Castings Limited Appoints Mujtaba Ahmad as Chief Executive Officer Bolan Castings Limited announced that Mr. Mujtaba Ahmad has been appointed as Chief Executive Officer of the company with effect from June 03, 2022 in place of Mr. Nisar Ahmed Mirani. 공시 • May 27
Bolan Castings Limited Announces the Resignation of Nisar Ahmed Mirani as Chief Executive Officer Bolan Castings Limited informed that Mr. Nisar Ahmed Mirani has resigned from the designation of Chief Executive Officer of the company with effect from May 25, 2022. Valuation Update With 7 Day Price Move • May 27
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨60.00, the stock trades at a trailing P/E ratio of 4.7x. Average trailing P/E is 4x in the Metals and Mining industry in Pakistan. Total returns to shareholders of 22% over the past three years. Board Change • Apr 27
Less than half of directors are independent Following the recent departure of a director, there are only 3 independent directors on the board. The company's board is composed of: 3 independent directors. 5 non-independent directors. Independent Director Abdul Hamid Dagia 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. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improved over the past week After last week's 19% share price gain to PK₨76.76, the stock trades at a trailing P/E ratio of 6x. Average trailing P/E is 5x in the Metals and Mining industry in Pakistan. Total returns to shareholders of 43% over the past three years. 공시 • Feb 24
Bolan Castings Limited Announces Executive Change Bolan Castings Limited informed that Mr. Qaiser Saleem has been appointed as Director of the company with effect from February 23, 2022 in place of Mr. Muhammad Saleem. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to PK₨71.68, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 6x in the Metals and Mining industry in Pakistan. Total returns to shareholders of 12% over the past three years. Valuation Update With 7 Day Price Move • Feb 23
Investor sentiment deteriorated over the past week After last week's 16% share price decline to PK₨71.68, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 6x in the Metals and Mining industry in Pakistan. Total returns to shareholders of 12% over the past three years. Reported Earnings • Oct 27
First quarter 2022 earnings released: EPS PK₨1.21 (vs PK₨0.031 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: PK₨621.2m (up 34% from 1Q 2021). Net income: PK₨13.8m (up PK₨13.5m from 1Q 2021). Profit margin: 2.2% (up from 0.1% 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 18% per year whereas the company’s share price has increased by 14% per year. Reported Earnings • Sep 18
Full year 2021 earnings released: EPS PK₨11.54 (vs PK₨23.68 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₨2.42b (up 82% from FY 2020). Net income: PK₨132.4m (up PK₨404.1m from FY 2020). Profit margin: 5.5% (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 25% per year but the company’s share price has increased by 12% per year, which means it is well ahead of earnings. Reported Earnings • Apr 28
Third quarter 2021 earnings released: EPS PK₨7.53 (vs PK₨7.31 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₨799.2m (up 215% from 3Q 2020). Net income: PK₨86.4m (up PK₨170.3m from 3Q 2020). Profit margin: 11% (up from net loss in 3Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 53 percentage points per year, which is a significant difference in performance. Executive Departure • Apr 20
Non Executive Director has left the company On the 13th of April, Latif Hashmi's tenure as Non Executive Director ended after 27.9 years in the role. As of December 2020, Latif personally held only 32.27k shares (PK₨3.6m worth at the time). Latif is the only executive to leave the company over the last 12 months. Is New 90 Day High Low • Mar 11
New 90-day low: PK₨91.27 The company is down 13% from its price of PK₨105 on 11 December 2020. The Pakistani market is up 1.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 8.0% over the same period. Is New 90 Day High Low • Jan 28
New 90-day high: PK₨125 The company is up 92% from its price of PK₨65.00 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 Metals and Mining industry, which is up 38% over the same period. Is New 90 Day High Low • Dec 30
New 90-day high: PK₨114 The company is up 75% from its price of PK₨64.91 on 30 September 2020. The Pakistani market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 20% over the same period. 공시 • Nov 12
Bolan Castings Limited Appoints Sikandar Mustafa Khan as Chairman Bolan Castings Limited informed that Mr. Sikandar Mustafa Khan has been appointed as Chairman with effect from November 10, 2020. Is New 90 Day High Low • Nov 12
New 90-day high: PK₨85.14 The company is up 19% from its price of PK₨71.43 on 13 August 2020. The Pakistani market is up 2.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is up 3.0% over the same period. Reported Earnings • Oct 23
First quarter earnings released Over the last 12 months the company has reported total losses of PK₨274.4m, with losses widening by 31% from the prior year. Total revenue was PK₨1.30b over the last 12 months, down 15% from the prior year. Reported Earnings • Oct 09
Full year earnings released Over the last 12 months the company has reported total losses of PK₨271.7m, with losses widening by 14% from the prior year. Total revenue was PK₨1.33b over the last 12 months, down 12% from the prior year.