New Risk • May 20
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 9.9% 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 Risks Earnings have declined by 22% per year over the past 5 years. Market cap is less than US$10m (PK₨737.7m market cap, or US$2.65m). Minor Risks Share price has been volatile over the past 3 months (9.9% average weekly change). Revenue is less than US$5m (PK₨876m revenue, or US$3.1m). Reported Earnings • May 05
Third quarter 2026 earnings released: PK₨4.61 loss per share (vs PK₨6.28 loss in 3Q 2025) Third quarter 2026 results: PK₨4.61 loss per share (improved from PK₨6.28 loss in 3Q 2025). Revenue: PK₨295.1m (up 39% from 3Q 2025). Net loss: PK₨49.6m (loss narrowed 27% from 3Q 2025). Over the last 3 years on average, earnings per share has increased by 6% per year but the company’s share price has increased by 12% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Apr 21
Dadex Eternit Limited to Report Q3, 2026 Results on Apr 28, 2026 Dadex Eternit Limited announced that they will report Q3, 2026 results on Apr 28, 2026 New Risk • Mar 27
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 8.5% 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 Earnings have declined by 22% per year over the past 5 years. Market cap is less than US$10m (PK₨545.3m market cap, or US$1.95m). Minor Risks Share price has been volatile over the past 3 months (8.5% average weekly change). Revenue is less than US$5m (PK₨794m revenue, or US$2.8m). Reported Earnings • Mar 03
Second quarter 2026 earnings released Second quarter 2026 results: Revenue: PK₨212.4m (up 17% from 2Q 2025). Net loss: PK₨53.5m (loss narrowed 45% from 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 13% per year, which means it is well ahead of earnings. Announcement • Feb 19
Dadex Eternit Limited to Report First Half, 2026 Results on Feb 26, 2026 Dadex Eternit Limited announced that they will report first half, 2026 results on Feb 26, 2026 Reported Earnings • Oct 31
First quarter 2026 earnings released: PK₨7.03 loss per share (vs PK₨8.88 loss in 1Q 2025) First quarter 2026 results: PK₨7.03 loss per share (improved from PK₨8.88 loss in 1Q 2025). Revenue: PK₨205.7m (down 7.7% from 1Q 2025). Net loss: PK₨75.6m (loss narrowed 21% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 12% per year but the company’s share price has increased by 11% per year, which means it is well ahead of earnings. Announcement • Sep 26
Dadex Eternit Limited, Annual General Meeting, Oct 28, 2025 Dadex Eternit Limited, Annual General Meeting, Oct 28, 2025. Location: at the registered office of the company:, dadex house, 34-a/1, block-6, p.e.c.h.s., shahrah-e-faisal, karachi-75400., karachi Pakistan Reported Earnings • Sep 26
Full year 2025 earnings released: PK₨37.82 loss per share (vs PK₨32.55 loss in FY 2024) Full year 2025 results: PK₨37.82 loss per share (further deteriorated from PK₨32.55 loss in FY 2024). Revenue: PK₨780.9m (down 30% from FY 2024). Net loss: PK₨407.0m (loss widened 16% from FY 2024). Over the last 3 years on average, earnings per share has fallen by 19% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Announcement • Sep 19
Dadex Eternit Limited to Report Fiscal Year 2025 Results on Sep 24, 2025 Dadex Eternit Limited announced that they will report fiscal year 2025 results on Sep 24, 2025 Reported Earnings • May 01
Third quarter 2025 earnings released: PK₨6.28 loss per share (vs PK₨4.88 loss in 3Q 2024) Third quarter 2025 results: PK₨6.28 loss per share (further deteriorated from PK₨4.88 loss in 3Q 2024). Revenue: PK₨213.1m (down 36% from 3Q 2024). Net loss: PK₨67.6m (loss widened 28% from 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 23% per year but the company’s share price has only fallen by 4% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 04
Second quarter 2025 earnings released Second quarter 2025 results: Revenue: PK₨182.1m (down 37% from 2Q 2024). Net loss: PK₨96.7m (loss widened 48% from 2Q 2024). Reported Earnings • Oct 31
First quarter 2025 earnings released: PK₨8.88 loss per share (vs PK₨10.36 loss in 1Q 2024) First quarter 2025 results: PK₨8.88 loss per share (improved from PK₨10.36 loss in 1Q 2024). Revenue: PK₨222.9m (up 54% from 1Q 2024). Net loss: PK₨95.5m (loss narrowed 14% from 1Q 2024). Over the last 3 years on average, earnings per share has fallen by 39% per year but the company’s share price has only fallen by 12% per year, which means it has not declined as severely as earnings. Reported Earnings • Sep 29
Full year 2024 earnings released: PK₨32.55 loss per share (vs PK₨39.02 loss in FY 2023) Full year 2024 results: PK₨32.55 loss per share (improved from PK₨39.02 loss in FY 2023). Revenue: PK₨1.12b (down 21% from FY 2023). Net loss: PK₨350.4m (loss narrowed 17% from FY 2023). Over the last 3 years on average, earnings per share has fallen by 52% per year but the company’s share price has only fallen by 15% per year, which means it has not declined as severely as earnings. Announcement • Sep 27
Dadex Eternit Limited Announces the Resignation of Maqbool H.H. Rahimtoola as Director Dadex Eternit Limited has announced the resignation of its director, Mr. Maqbool H.H. Rahimtoola, effective September 24, 2024. According to the company, this departure has resulted in a casual vacancy on the Board, which will be filled in accordance with the prevailing laws and regulations. Mr. Rahimtoola's resignation marks a significant change in the company's leadership dynamics. Reported Earnings • May 02
Third quarter 2024 earnings released: PK₨4.88 loss per share (vs PK₨15.52 loss in 3Q 2023) Third quarter 2024 results: PK₨4.88 loss per share (improved from PK₨15.52 loss in 3Q 2023). Revenue: PK₨333.8m (down 16% from 3Q 2023). Net loss: PK₨52.6m (loss narrowed 69% from 3Q 2023). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Reported Earnings • Mar 03
Second quarter 2024 earnings released Second quarter 2024 results: Revenue: PK₨287.4m (down 19% from 2Q 2023). Net loss: PK₨65.2m (loss narrowed 25% from 2Q 2023). Over the last 3 years on average, earnings per share has fallen by 49% per year but the company’s share price has only fallen by 5% per year, which means it has not declined as severely as earnings. New Risk • Feb 10
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 9.2% 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 (9.2% average weekly change). Earnings have declined by 18% per year over the past 5 years. Market cap is less than US$10m (PK₨406.8m market cap, or US$1.46m). Minor Risk Revenue is less than US$5m (PK₨1.2b revenue, or US$4.2m). Announcement • Oct 13
Dadex Eternit Limited, Annual General Meeting, Oct 26, 2023 Dadex Eternit Limited, Annual General Meeting, Oct 26, 2023, at 11:30 Pakistan Standard Time. Location: Dadex House, 34-A/1, Block-6, PECHS, Shahrah-e-Faisal, Karachi Pakistan Agenda: To consider the Audited Financial Statements and the Auditors' Report thereon; to consider the Report of the Board of Directors; to consider appoint auditors of the Company for the year ending June 30, 2023; and to consider and approve the extension of the date, from April 2023 to October 31, 2023. Reported Earnings • Oct 06
Full year 2023 earnings released: PK₨39.02 loss per share (vs PK₨13.28 loss in FY 2022) Full year 2023 results: PK₨39.02 loss per share (further deteriorated from PK₨13.28 loss in FY 2022). Revenue: PK₨1.41b (down 17% from FY 2022). Net loss: PK₨420.0m (loss widened 194% from FY 2022). Over the last 3 years on average, earnings per share has fallen by 4% per year but the company’s share price has increased by 9% per year, which means it is well ahead of earnings. Board Change • Sep 18
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. 5 experienced directors. 2 highly experienced directors. 3 independent directors (5 non-independent directors). Independent Director Amber Motiwala 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. Board Change • Aug 28
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 Amber Motiwala 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 07
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 Amber Motiwala 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 • Apr 29
Third quarter 2023 earnings released: PK₨15.52 loss per share (vs PK₨1.86 loss in 3Q 2022) Third quarter 2023 results: PK₨15.52 loss per share (further deteriorated from PK₨1.86 loss in 3Q 2022). Revenue: PK₨397.2m (down 10% from 3Q 2022). Net loss: PK₨167.1m (loss widened PK₨147.0m from 3Q 2022). Over the last 3 years on average, earnings per share has increased by 9% per year but the company’s share price has increased by 20% per year, which means it is tracking significantly ahead of earnings growth. Board Change • Apr 07
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 Amber Motiwala 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 • Mar 03
Second quarter 2023 earnings released: PK₨8.08 loss per share (vs PK₨2.29 loss in 2Q 2022) Second quarter 2023 results: PK₨8.08 loss per share (further deteriorated from PK₨2.29 loss in 2Q 2022). Revenue: PK₨356.4m (down 27% from 2Q 2022). Net loss: PK₨87.0m (loss widened 253% from 2Q 2022). Over the last 3 years on average, earnings per share has increased by 19% per year whereas the company’s share price has increased by 14% per year. Reported Earnings • Dec 01
First quarter 2023 earnings released: PK₨5.44 loss per share (vs PK₨4.50 loss in 1Q 2022) First quarter 2023 results: PK₨5.44 loss per share (further deteriorated from PK₨4.50 loss in 1Q 2022). Revenue: PK₨376.7m (up 10% from 1Q 2022). Net loss: PK₨58.5m (loss widened 21% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 20% per year whereas the company’s share price has increased by 19% per year. 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 Amber Motiwala 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 • Nov 05
Full year 2022 earnings released: PK₨13.28 loss per share (vs PK₨3.62 loss in FY 2021) Full year 2022 results: PK₨13.28 loss per share (further deteriorated from PK₨3.62 loss in FY 2021). Revenue: PK₨1.70b (down 31% from FY 2021). Net loss: PK₨142.9m (loss widened 266% from FY 2021). Over the last 3 years on average, earnings per share has increased by 18% per year but the company’s share price has increased by 32% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Nov 04
Dadex Eternit Limited, Annual General Meeting, Nov 25, 2022 Dadex Eternit Limited, Annual General Meeting, Nov 25, 2022, at 10:30 Pakistan Standard Time. Location: Dadex House, 34-A/1, Block-6, PECHS, Shahrah-e-Faisal, Karachi Pakistan Agenda: To receive, consider and adopt the following documents for the year ended June 30, 2022; to appoint auditors of the Company for the year ending June 30, 2023, and authorize the Directors to fix their remuneration; and to discuss other matters. Board Change • Jul 27
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. 7 non-independent directors. Non-Executive Chairman Shahzad Husain was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jul 05
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. 7 non-independent directors. Non-Executive Chairman Shahzad Husain was the last director to join the board, commencing their role in 2022. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Announcement • Jun 04
Dadex Eternit Limited Announces Executive Changes Dadex Eternit Limited informed Pakistan Stock Exchange that Mr. Shahzad M. Hussain has been appointed asChairman of the company with effect from June 02, 2022 in place of Mr. Abu Talib H.K Dada. Board Change • Apr 27
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. 8 non-independent directors. CEO & Director Samad Dada was the last 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. Board Change • Mar 31
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. 8 non-independent directors. CEO & Director Samad Dada was the last 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. Reported Earnings • Mar 09
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: PK₨2.29 loss per share (down from PK₨8.17 profit in 2Q 2021). Revenue: PK₨487.1m (down 41% from 2Q 2021). Net loss: PK₨24.7m (down 128% from profit in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has increased by 26% per year, which means it is tracking significantly ahead of earnings growth. Announcement • Feb 27
Dadex Eternit Limited Announces Company Secretary Change Dadex Eternit Limited informed that Mr. Faisal Saeed Khan has been appointed as Company Secretary with effect from February 24, 2022 in place of Mr. Dabeer Ullah Sheikh. Board Change • Dec 15
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. 8 non-independent directors. CEO & Director Samad Dada was the last 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. Reported Earnings • Nov 07
Full year 2021 earnings released The company reported a solid full year result with reduced losses, improved revenues and improved control over expenses. Full year 2021 results: Revenue: PK₨2.44b (up 3.0% from FY 2020). Net loss: PK₨39.0m (loss narrowed 89% from FY 2020). Over the last 3 years on average, earnings per share has fallen by 51% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Board Change • Oct 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. 8 non-independent directors. CEO & Director Samad Dada was the last 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. Reported Earnings • May 04
Third quarter 2021 earnings released The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨769.2m (up 18% from 3Q 2020). Net income: PK₨12.6m (up PK₨112.8m from 3Q 2020). Profit margin: 1.6% (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 72 percentage points per year, which is a significant difference in performance. Is New 90 Day High Low • Mar 01
New 90-day high: PK₨43.00 The company is up 62% from its price of PK₨26.50 on 25 November 2020. The Pakistani market is up 8.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Basic Materials industry, which is up 28% over the same period. Reported Earnings • Feb 28
Second quarter 2021 earnings released The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: PK₨818.6m (up 19% from 2Q 2020). Net income: PK₨88.0m (up PK₨112.7m from 2Q 2020). Profit margin: 11% (up from net loss in 2Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 93% per year but the company’s share price has only fallen by 7% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Jan 18
New 90-day high: PK₨39.26 The company is up 22% from its price of PK₨32.10 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 Basic Materials industry, which is up 11% over the same period. Is New 90 Day High Low • Jan 15
New 90-day high: PK₨36.53 The company is up 14% from its price of PK₨32.10 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 Basic Materials industry, which is up 12% over the same period. Reported Earnings • Oct 29
First quarter earnings released Over the last 12 months the company has reported total losses of PK₨379.7m, with losses widening by 128% from the prior year. Total revenue was PK₨2.28b over the last 12 months, down 20% from the prior year. Reported Earnings • Oct 11
Full year earnings released - PK₨33.59 loss per share Over the last 12 months the company has reported total losses of PK₨361.5m, with losses widening by 85% from the prior year. Total revenue was PK₨2.37b over the last 12 months, down 16% from the prior year. Reported Earnings • Sep 30
Full year earnings released - PK₨33.59 loss per share Over the last 12 months the company has reported total losses of PK₨361.5m, with losses widening by 85% from the prior year. Total revenue was PK₨2.37b over the last 12 months, down 16% from the prior year. 
