Reported Earnings • Apr 24
Third quarter 2026 earnings released: EPS: PK₨0.57 (vs PK₨0.44 in 3Q 2025) Third quarter 2026 results: EPS: PK₨0.57 (up from PK₨0.44 in 3Q 2025). Revenue: PK₨3.20b (up 41% from 3Q 2025). Net income: PK₨80.4m (up 30% from 3Q 2025). Profit margin: 2.5% (down from 2.7% in 3Q 2025). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 14% per year but the company’s share price has increased by 32% per year, which means it is well ahead of earnings. Announcement • Apr 15
Nimir Resins Limited to Report Q3, 2026 Results on Apr 23, 2026 Nimir Resins Limited announced that they will report Q3, 2026 results on Apr 23, 2026 Reported Earnings • Feb 18
Second quarter 2026 earnings released: EPS: PK₨0.69 (vs PK₨0.69 in 2Q 2025) Second quarter 2026 results: EPS: PK₨0.69 (in line with 2Q 2025). Revenue: PK₨3.30b (up 28% from 2Q 2025). Net income: PK₨96.8m (flat on 2Q 2025). Profit margin: 2.9% (down from 3.8% in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. Announcement • Feb 10
Nimir Resins Limited to Report Q2, 2026 Results on Feb 17, 2026 Nimir Resins Limited announced that they will report Q2, 2026 results on Feb 17, 2026 Announcement • Jan 08
Nimir Resins Limited Appoints Khalid Siddiq Tirmizey as Chairman of the Board of Directors Nimir Resins Limited announced that the Board of Directors of company, in its meeting held on January 7, 2026, approved the appointment of Khalid Siddiq Tirmizey as Chairman of the Board of Directors. Reported Earnings • Nov 01
First quarter 2026 earnings released: EPS: PK₨0.46 (vs PK₨0.26 in 1Q 2025) First quarter 2026 results: EPS: PK₨0.46 (up from PK₨0.26 in 1Q 2025). Revenue: PK₨2.59b (up 19% from 1Q 2025). Net income: PK₨65.2m (up 75% from 1Q 2025). Profit margin: 2.5% (up from 1.7% in 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 29% per year, which means it is well ahead of earnings. New Risk • Sep 28
New minor risk - Earnings quality The company has large one-off items impacting its financial results. One-off items were 35% of the size of the rest of the company's trailing 12-month earnings before tax. This is considered a minor risk. One-off items are incomes or expenses that the company does not expect to repeat in future periods. Examples include profits from the sale of a business or expenses from a restructuring or legal settlements. If the company's reported statutory earnings include a large proportion of one-off items it means they may be an unreliable indicator of its true business performance as the earnings were skewed by these incomes or expenses. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.8x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.9% average weekly change). Large one-off items impacting financial results. Market cap is less than US$100m (PK₨4.82b market cap, or US$17.1m). Reported Earnings • Sep 06
Full year 2025 earnings released: EPS: PK₨1.77 (vs PK₨1.91 in FY 2024) Full year 2025 results: EPS: PK₨1.77 (down from PK₨1.91 in FY 2024). Revenue: PK₨9.26b (up 7.9% from FY 2024). Net income: PK₨249.5m (down 7.7% from FY 2024). Profit margin: 2.7% (down from 3.1% in FY 2024). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has fallen by 10% per year but the company’s share price has increased by 28% per year, which means it is well ahead of earnings. Announcement • Sep 05
Nimir Resins Limited, Annual General Meeting, Oct 15, 2025 Nimir Resins Limited, Annual General Meeting, Oct 15, 2025. Location: lahore Pakistan Announcement • Aug 28
Nimir Resins Limited to Report Fiscal Year 2025 Results on Sep 03, 2025 Nimir Resins Limited announced that they will report fiscal year 2025 results on Sep 03, 2025 Valuation Update With 7 Day Price Move • Jul 22
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨38.99, the stock trades at a trailing P/E ratio of 21.1x. Average trailing P/E is 12x in the Chemicals industry in Pakistan. Total returns to shareholders of 204% over the past three years. Valuation Update With 7 Day Price Move • Jul 07
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨35.72, the stock trades at a trailing P/E ratio of 19.4x. Average trailing P/E is 12x in the Chemicals industry in Pakistan. Total returns to shareholders of 159% over the past three years. Valuation Update With 7 Day Price Move • May 09
Investor sentiment deteriorates as stock falls 24% After last week's 24% share price decline to PK₨30.94, the stock trades at a trailing P/E ratio of 16.8x. Average trailing P/E is 10x in the Chemicals industry in Pakistan. Total returns to shareholders of 121% over the past three years. Valuation Update With 7 Day Price Move • Apr 19
Investor sentiment improves as stock rises 42% After last week's 42% share price gain to PK₨46.70, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 9x in the Chemicals industry in Pakistan. Total returns to shareholders of 174% over the past three years. Valuation Update With 7 Day Price Move • Apr 04
Investor sentiment improves as stock rises 21% After last week's 21% share price gain to PK₨32.86, the stock trades at a trailing P/E ratio of 16.7x. Average trailing P/E is 10x in the Chemicals industry in Pakistan. Total returns to shareholders of 102% over the past three years. Reported Earnings • Mar 09
Second quarter 2025 earnings released: EPS: PK₨0.69 (vs PK₨0.32 in 2Q 2024) Second quarter 2025 results: EPS: PK₨0.69 (up from PK₨0.32 in 2Q 2024). Revenue: PK₨2.59b (up 34% from 2Q 2024). Net income: PK₨97.2m (up 115% from 2Q 2024). Profit margin: 3.8% (up from 2.3% in 2Q 2024). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 9% per year but the company’s share price has increased by 17% per year, which means it is well ahead of earnings. Announcement • Feb 15
Nimir Resins Limited Reports No Cash Dividend for the Period Ending December 31, 2024 Nimir Resins Limited reported no cash dividend for the period ending December 31, 2024. Valuation Update With 7 Day Price Move • Jan 03
Investor sentiment deteriorates as stock falls 21% After last week's 21% share price decline to PK₨27.19, the stock trades at a trailing P/E ratio of 17x. Average trailing P/E is 10x in the Chemicals industry in Pakistan. Total returns to shareholders of 55% over the past three years. New Risk • Dec 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 8.7% 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 Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Share price has been volatile over the past 3 months (8.7% average weekly change). Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (PK₨4.85b market cap, or US$17.4m). Valuation Update With 7 Day Price Move • Dec 17
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to PK₨31.96, the stock trades at a trailing P/E ratio of 19.9x. Average trailing P/E is 10x in the Chemicals industry in Pakistan. Total returns to shareholders of 69% over the past three years. New Risk • Nov 01
New minor risk - Profit margin trend The company's profit margins are lower than last year and have reduced by more than 30%. Net profit margin: 2.8% Last year net profit margin: 4.6% This is considered a minor risk. A large drop in profit margin could indicate the company does not have strong competitive advantages or it is yet to establish itself and its core business. Even if it is a well established business, this may make it a much riskier investment than one that has a combination of proven competitive advantages and a stable or growing profit margin. Currently, the following risks have been identified for the company: Major Risk Interest payments are not well covered by earnings (1.7x net interest cover). Minor Risks Paying a dividend despite having no free cash flows. Profit margins are more than 30% lower than last year (2.8% net profit margin). Market cap is less than US$100m (PK₨2.97b market cap, or US$10.7m). Reported Earnings • Oct 08
Full year 2024 earnings released: EPS: PK₨1.91 (vs PK₨2.73 in FY 2023) Full year 2024 results: EPS: PK₨1.91 (down from PK₨2.73 in FY 2023). Revenue: PK₨8.58b (down 8.4% from FY 2023). Net income: PK₨270.4m (down 30% from FY 2023). Profit margin: 3.1% (down from 4.1% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has fallen by 2% per year whereas the company’s share price has fallen by 3% per year. Announcement • Sep 19
Nimir Resins Limited, Annual General Meeting, Oct 26, 2024 Nimir Resins Limited, Annual General Meeting, Oct 26, 2024. New Risk • Sep 14
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 7.1% 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 Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (7.1% average weekly change). Market cap is less than US$100m (PK₨3.19b market cap, or US$11.5m). New Risk • Aug 02
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 6.6% 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 Interest payments are not well covered by earnings (2.3x net interest cover). Minor Risks Share price has been volatile over the past 3 months (6.6% average weekly change). Market cap is less than US$100m (PK₨3.40b market cap, or US$12.2m). Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 23% After last week's 23% share price gain to PK₨26.34, the stock trades at a trailing P/E ratio of 10.3x. Average trailing P/E is 7x in the Chemicals industry in Pakistan. Total loss to shareholders of 28% over the past three years. Reported Earnings • May 02
Third quarter 2024 earnings released: EPS: PK₨0.56 (vs PK₨1.31 in 3Q 2023) Third quarter 2024 results: EPS: PK₨0.56 (down from PK₨1.31 in 3Q 2023). Revenue: PK₨2.13b (down 16% from 3Q 2023). Net income: PK₨79.3m (down 57% from 3Q 2023). Profit margin: 3.7% (down from 7.3% in 3Q 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 5% per year but the company’s share price has fallen by 10% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Jan 02
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨17.75, the stock trades at a trailing P/E ratio of 5.6x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total loss to shareholders of 7.5% over the past three years. Reported Earnings • Nov 01
First quarter 2024 earnings released: EPS: PK₨0.57 (vs PK₨0.12 in 1Q 2023) First quarter 2024 results: EPS: PK₨0.57 (up from PK₨0.12 in 1Q 2023). Revenue: PK₨2.67b (up 16% from 1Q 2023). Net income: PK₨81.2m (up 372% from 1Q 2023). Profit margin: 3.0% (up from 0.7% in 1Q 2023). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Announcement • Sep 26
Nimir Resins Limited Appoints Umair Tahir as Head of Internal Auditor Nimir Resins Limited has announced a significant appointment following the decision made during the company's board of directors meeting held on September 23, 2023. The board has recommended and approved the appointment of Mr. Umair Tahir as the new Head of Internal Auditor, effective from September 1, 2023. Under the provisions of Chapter VII of the Listed Companies (Code of Corporate Governance) Regulations, 2019, and other applicable provisions of the Companies Act 2017 (XIX of 2017), the board of directors has provided its consent for Mr. Umair Tahir to assume the role of Head of Internal Auditor. This appointment follows the departure of Mr. Nabeel Ahmad Khan from this position. Mr. Umair Tahir brings with him a wealth of experience and expertise in internal auditing, enhancing NRL's commitment to maintaining strong corporate governance and internal control systems. His role will involve overseeing and ensuring the effectiveness of internal audit functions within the company. By appointing Mr. Umair Tahir as the Head of Internal Auditor, the company aims to strengthen its internal audit processes and further its commitment to sound corporate governance practices. Valuation Update With 7 Day Price Move • Jul 24
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨16.99, the stock trades at a trailing P/E ratio of 8.2x. Average trailing P/E is 7x in the Chemicals industry in Pakistan. Total returns to shareholders of 28% over the past three years. Reported Earnings • Mar 03
Second quarter 2023 earnings released: EPS: PK₨0.20 (vs PK₨0.90 in 2Q 2022) Second quarter 2023 results: EPS: PK₨0.20 (down from PK₨0.90 in 2Q 2022). Revenue: PK₨2.29b (up 1.3% from 2Q 2022). Net income: PK₨27.6m (down 78% from 2Q 2022). Profit margin: 1.2% (down from 5.6% in 2Q 2022). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
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 Pervaiz Khan was the last independent director to join the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Nov 04
Investor sentiment improved over the past week After last week's 21% share price gain to PK₨16.02, the stock trades at a trailing P/E ratio of 6.8x. Average trailing P/E is 7x in the Chemicals industry in Pakistan. Total returns to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Oct 19
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨16.51, the stock trades at a trailing P/E ratio of 6.4x. Average trailing P/E is 7x in the Chemicals industry in Pakistan. Total returns to shareholders of 29% over the past three years. Reported Earnings • Oct 07
Full year 2022 earnings released Full year 2022 results: Revenue: PK₨8.27b (up 32% from FY 2021). Net income: PK₨366.9m (up 2.3% from FY 2021). Profit margin: 4.4% (down from 5.7% in FY 2021). The decrease in margin was driven by higher expenses. Valuation Update With 7 Day Price Move • Aug 15
Investor sentiment improved over the past week After last week's 19% share price gain to PK₨17.29, the stock trades at a trailing P/E ratio of 5.8x. Average trailing P/E is 5x in the Chemicals industry in Pakistan. Total returns to shareholders of 77% over the past three years. Valuation Update With 7 Day Price Move • Jul 21
Investor sentiment deteriorated over the past week After last week's 16% share price decline to PK₨12.77, the stock trades at a trailing P/E ratio of 4.3x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total returns to shareholders of 26% over the past three years. Reported Earnings • May 01
Third quarter 2022 earnings released: EPS: PK₨0.91 (vs PK₨0.86 in 3Q 2021) Third quarter 2022 results: EPS: PK₨0.91 (up from PK₨0.86 in 3Q 2021). Revenue: PK₨2.28b (up 23% from 3Q 2021). Net income: PK₨128.4m (up 6.1% from 3Q 2021). Profit margin: 5.6% (down from 6.5% in 3Q 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
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 Pervaiz Khan was the last independent director to join the board, commencing their role in 2017. 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 02
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: PK₨0.90 (up from PK₨0.62 in 2Q 2021). Revenue: PK₨2.26b (up 47% from 2Q 2021). Net income: PK₨126.8m (up 46% from 2Q 2021). Profit margin: 5.6% (in line with 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 3% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 03
Investor sentiment improved over the past week After last week's 19% share price gain to PK₨19.04, the stock trades at a trailing P/E ratio of 7.2x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total returns to shareholders of 4.8% over the past three years. Valuation Update With 7 Day Price Move • Dec 20
Investor sentiment improved over the past week After last week's 21% share price gain to PK₨19.66, the stock trades at a trailing P/E ratio of 7.5x. Average trailing P/E is 6x in the Chemicals industry in Pakistan. Total returns to shareholders of 22% over the past three years. Reported Earnings • Oct 26
First quarter 2022 earnings released: EPS PK₨0.35 (vs PK₨0.25 in 1Q 2021) The company reported a strong first quarter result with improved earnings, revenues and profit margins. First quarter 2022 results: Revenue: PK₨1.55b (up 25% from 1Q 2021). Net income: PK₨48.8m (up 38% from 1Q 2021). Profit margin: 3.2% (up from 2.9% 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 41% per year but the company’s share price has only increased by 11% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Sep 23
Investor sentiment deteriorated over the past week After last week's 17% share price decline to PK₨28.01, the stock trades at a trailing P/E ratio of 11x. Average trailing P/E is 7x in the Chemicals industry in Pakistan. Total returns to shareholders of 69% over the past three years. Reported Earnings • Sep 15
Full year 2021 earnings released: EPS PK₨2.54 (vs PK₨0.90 in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨6.28b (up 40% from FY 2020). Net income: PK₨358.7m (up 182% from FY 2020). Profit margin: 5.7% (up from 2.8% in FY 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 36% per year but the company’s share price has only increased by 20% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jun 03
Investor sentiment deteriorated over the past week After last week's 44% share price decline to PK₨21.20, the stock trades at a trailing P/E ratio of 10.9x. Average trailing P/E is 8x in the Chemicals industry in Pakistan. Negligible returns to shareholders over past three years. Valuation Update With 7 Day Price Move • May 18
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨15.56, the stock trades at a trailing P/E ratio of 15.9x. Average trailing P/E is 8x in the Chemicals industry in Pakistan. Total returns to shareholders of 44% over the past three years. Reported Earnings • Apr 25
Third quarter 2021 earnings released: EPS PK₨0.43 (vs PK₨0.082 in 3Q 2020) The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2021 results: Revenue: PK₨1.85b (up 47% from 3Q 2020). Net income: PK₨121.0m (up 420% from 3Q 2020). Profit margin: 6.5% (up from 1.9% in 3Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 28% per year but the company’s share price has only increased by 2% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Apr 13
Investor sentiment improved over the past week After last week's 22% share price gain to PK₨13.47, the stock trades at a trailing P/E ratio of 21.7x. Average trailing P/E is 10x in the Chemicals industry in Pakistan. Total returns to shareholders of 1.1% over the past three years. Reported Earnings • Jan 29
Second quarter 2021 earnings released: EPS PK₨0.31 (vs PK₨0.18 in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: PK₨1.54b (up 7.7% from 2Q 2020). Net income: PK₨86.9m (up 67% from 2Q 2020). Profit margin: 5.6% (up from 3.6% in 2Q 2020). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 23% per year whereas the company’s share price has increased by 21% per year. Is New 90 Day High Low • Jan 28
New 90-day high: PK₨14.25 The company is up 76% from its price of PK₨8.10 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 Chemicals industry, which is up 8.0% over the same period. Valuation Update With 7 Day Price Move • Jan 12
Investor sentiment improved over the past week After last week's 21% share price gain to PK₨11.57, the stock is trading at a trailing P/E ratio of 23.3x, up from the previous P/E ratio of 19.3x. This compares to an average P/E of 13x in the Chemicals industry in Pakistan. Total returns to shareholders over the past three years are 66%. Is New 90 Day High Low • Dec 30
New 90-day high: PK₨9.26 The company is up 3.0% from its price of PK₨9.00 on 01 October 2020. The Pakistani market is up 4.0% over the last 90 days, indicating the company underperformed over that time. However, its price trend is similar to the Chemicals industry, which is also up 3.0% over the same period. Reported Earnings • Oct 22
First quarter earnings released Over the last 12 months the company has reported total profits of PK₨140.4m, down 15% from the prior year. Total revenue was PK₨4.63b over the last 12 months, down 7.7% from the prior year. Reported Earnings • Oct 03
Full year earnings released - EPS PK₨0.45 Over the last 12 months the company has reported total profits of PK₨127.2m, down 18% from the prior year. Total revenue was PK₨4.50b over the last 12 months, down 7.9% from the prior year. Profit margins were 2.8%, which is in line with last year. 
