공시 • Apr 22
S.G. Power Limited to Report Q3, 2026 Results on Apr 29, 2026 S.G. Power Limited announced that they will report Q3, 2026 results at 12:30 PM, Pakistan Standard Time on Apr 29, 2026 New Risk • Mar 04
New major risk - Negative shareholders equity The company has negative equity. Total equity: -PK₨719k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (15% average weekly change). Negative equity (-PK₨719k). Earnings have declined by 28% per year over the past 5 years. Revenue is less than US$1m (PK₨1.9m revenue, or US$6.7k). Market cap is less than US$10m (PK₨245.4m market cap, or US$876.8k). Reported Earnings • Mar 04
First half 2026 earnings released: PK₨0.075 loss per share (vs PK₨0.083 loss in 1H 2025) First half 2026 results: PK₨0.075 loss per share (improved from PK₨0.083 loss in 1H 2025). Net loss: PK₨1.39m (loss narrowed 6.0% from 1H 2025). Over the last 3 years on average, earnings per share has fallen by 53% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. 공시 • Feb 20
S.G. Power Limited to Report Q2, 2026 Results on Feb 27, 2026 S.G. Power Limited announced that they will report Q2, 2026 results at 12:30 PM, Pakistan Standard Time on Feb 27, 2026 공시 • Jan 08
S.G. Power Limited Announces Board Changes S.G. Power Limited announced the appointment of Mr. Naim Anwar as both Director and Chairman of the Board, effective January 7, 2026. Mr. Anwar, currently the Chief Executive Officer of Crescent Star Insurance Limited, was nominated by Crescent Star Insurance Limited for the directorship position. Mr. Anwar replaces Mr. Salim Razak Tabani on the Board of Directors. This transition aligns with Section 96 of the Securities Act, 2015, and Clause 5.6.1(a) of the Pakistan Stock Exchange Rule Book. 공시 • Oct 16
S.G. Power Limited Auditor Raises 'Going Concern' Doubt S.G. Power Limited filed its Annual on Oct 14, 2025 for the period ending Jun 30, 2025. In this report its auditor, S.M. Suhail & Co, gave an unqualified opinion expressing doubt that the company can continue as a going concern. Reported Earnings • Oct 09
Full year 2025 earnings released: PK₨0.47 loss per share (vs PK₨0.094 profit in FY 2024) Full year 2025 results: PK₨0.47 loss per share (down from PK₨0.094 profit in FY 2024). Revenue: PK₨6.15m (down 65% from FY 2024). Net loss: PK₨8.40m (down PK₨10.1m from profit in FY 2024). Over the last 3 years on average, earnings per share has fallen by 30% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. 공시 • Oct 08
S.G. Power Limited, Annual General Meeting, Oct 28, 2025 S.G. Power Limited, Annual General Meeting, Oct 28, 2025. Location: b-40, s.i.t.e, karachi Pakistan New Risk • Aug 13
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 9.8% 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 Less than 1 year of cash runway based on free cash flow trend (-PK₨547k free cash flow). Share price has been highly volatile over the past 3 months (9.8% average weekly change). Earnings have declined by 24% per year over the past 5 years. Revenue is less than US$1m (PK₨11m revenue, or US$38k). Market cap is less than US$10m (PK₨158.5m market cap, or US$561.5k). New Risk • Mar 08
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -PK₨554k This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-PK₨554k free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Earnings have declined by 20% per year over the past 5 years. Revenue is less than US$1m (PK₨14m revenue, or US$49k). Market cap is less than US$10m (PK₨151.6m market cap, or US$541.6k). Valuation Update With 7 Day Price Move • Feb 27
Investor sentiment improves as stock rises 26% After last week's 26% share price gain to PK₨10.10, the stock trades at a trailing P/E ratio of 65.6x. Average trailing P/E is 4x in the Renewable Energy industry in Pakistan. Total returns to shareholders of 103% over the past three years. Valuation Update With 7 Day Price Move • Dec 19
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to PK₨10.17, the stock trades at a trailing P/E ratio of 66x. Average trailing P/E is 3x in the Renewable Energy industry in Pakistan. Total returns to shareholders of 101% over the past three years. Reported Earnings • Oct 11
Full year 2024 earnings released: EPS: PK₨0.094 (vs PK₨0.16 loss in FY 2023) Full year 2024 results: EPS: PK₨0.094 (up from PK₨0.16 loss in FY 2023). Revenue: PK₨17.3m (up 417% from FY 2023). Net income: PK₨1.67m (up PK₨4.57m from FY 2023). Profit margin: 9.6% (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 58% per year but the company’s share price has only increased by 31% per year, which means it is significantly lagging earnings growth. 공시 • Oct 09
S.G. Power Limited, Annual General Meeting, Oct 28, 2024 S.G. Power Limited, Annual General Meeting, Oct 28, 2024. Location: at company registered office, at b-40,s.i.t.e., karachi Pakistan Reported Earnings • Mar 06
Second quarter 2024 earnings released: EPS: PK₨0.17 (vs PK₨0.077 loss in 2Q 2023) Second quarter 2024 results: EPS: PK₨0.17 (up from PK₨0.077 loss in 2Q 2023). Net income: PK₨2.96m (up PK₨4.33m from 2Q 2023). New Risk • Nov 29
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended March 2023. 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 Less than 1 year of cash runway based on free cash flow trend (-PK₨1.5m free cash flow). Share price has been highly volatile over the past 3 months (11% average weekly change). Revenue is less than US$1m (PK₨5.8m revenue, or US$20k). Market cap is less than US$10m (PK₨84.0m market cap, or US$294.2k). Minor Risk Latest financial reports are more than 6 months old (reported March 2023 fiscal period end). Reported Earnings • May 15
Third quarter 2023 earnings released: EPS: PK₨0.01 (vs PK₨0.01 in 3Q 2022) Third quarter 2023 results: EPS: PK₨0.01 (in line with 3Q 2022). Revenue: PK₨2.04m (up 22% from 3Q 2022). Net income: PK₨229.9k (up 29% from 3Q 2022). Profit margin: 11% (in line with 3Q 2022). Board Change • Apr 28
No independent directors 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. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Buying Opportunity • Dec 28
Now 26% undervalued Over the last 90 days, the stock is up 7.5%. The fair value is estimated to be PK₨6.74, however this is not to be taken as a buy recommendation but rather should be used as a guide only. Revenue has been flat over the last year. Meanwhile, the company became loss making. Board Change • Nov 16
No independent directors 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. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Board Change • Apr 27
No independent directors 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. No independent directors (7 non-independent directors). was the last director to join the board, commencing their role in . The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of independent directors. Insufficient board refreshment. Reported Earnings • Nov 06
Full year 2021 earnings released: PK₨0.15 loss per share (vs PK₨0.12 profit in FY 2020) The company reported a poor full year result with weaker earnings and control over costs, although revenues were flat. Full year 2021 results: Revenue: PK₨9.02m (flat on FY 2020). Net loss: PK₨2.61m (down 220% from profit in FY 2020).