Reported Earnings • May 27
First quarter 2026 earnings released: PK₨19.76 loss per share (vs PK₨32.80 profit in 1Q 2025) First quarter 2026 results: PK₨19.76 loss per share (down from PK₨32.80 profit in 1Q 2025). Revenue: PK₨5.74b (up 8.6% from 1Q 2025). Net loss: PK₨149.3m (down 160% from profit in 1Q 2025). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 78 percentage points per year, which is a significant difference in performance. Tillkännagivande • May 18
Bata Pakistan Limited to Report Q1, 2026 Results on May 25, 2026 Bata Pakistan Limited announced that they will report Q1, 2026 results on May 25, 2026 Buy Or Sell Opportunity • May 07
Now 22% overvalued Over the last 90 days, the stock has fallen 19% to PK₨987. The fair value is estimated to be PK₨809, however this is not to be taken as a sell recommendation but rather should be used as a guide only. Revenue has been flat over the last 3 years. Meanwhile, the company became loss making. Tillkännagivande • Apr 27
Bata Pakistan Limited, Annual General Meeting, May 25, 2026 Bata Pakistan Limited, Annual General Meeting, May 25, 2026. Location: at company`s registered office situated, at g.t. road, batapur, lahore Pakistan Reported Earnings • Apr 25
Full year 2025 earnings released: PK₨315 loss per share (vs PK₨113 profit in FY 2024) Full year 2025 results: PK₨315 loss per share (down from PK₨113 profit in FY 2024). Revenue: PK₨17.8b (down 3.0% from FY 2024). Net loss: PK₨2.39b (down 380% from profit in FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 48 percentage points per year, which is a significant difference in performance. Tillkännagivande • Apr 18
Bata Pakistan Limited to Report Fiscal Year 2025 Results on Apr 24, 2026 Bata Pakistan Limited announced that they will report fiscal year 2025 results on Apr 24, 2026 Board Change • Jan 10
Less than half of directors are independent There are 5 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Rashid Mir was the last independent director to join the board, commencing their role in 2023. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Tillkännagivande • Jan 09
Bata Pakistan Limited Appoints Clifford Gary Reuter as A Director on Its Board, Effective January 8, 2026 Bata Pakistan Limited has announced the appointment of Mr. Clifford Gary Reuter as a Director on its Board, effective January 8, 2026. This appointment fills the vacancy left by the resignation of Mr. Muhammad Imran Malik. Mr. Reuter will serve as a director for the remaining term of the current Board of Directors. Tillkännagivande • Jan 08
Bata Pakistan Limited Appoints Ahsan Umar as Chief Executive Effective January 1, 2026 Bata Pakistan Limited announced that its board of directors has appointed Mr. Ahsan Umar as Chief Executive effective January 1, 2026 to fill the casual vacancy arising from the resignation of Mr. Muhammad Imran Malik. Mr. Ahsan Umar shall hold office as Chief Executive of the Company for the remainder of the term of the Board of Directors. Reported Earnings • Oct 30
Third quarter 2025 earnings released: PK₨32.05 loss per share (vs PK₨14.08 profit in 3Q 2024) Third quarter 2025 results: PK₨32.05 loss per share (down from PK₨14.08 profit in 3Q 2024). Revenue: PK₨3.97b (down 7.8% from 3Q 2024). Net loss: PK₨242.3m (down 328% from profit in 3Q 2024). Over the last 3 years on average, earnings per share has fallen by 25% per year but the company’s share price has only fallen by 14% per year, which means it has not declined as severely as earnings. Tillkännagivande • Oct 21
Bata Pakistan Limited to Report Q3, 2025 Results on Oct 28, 2025 Bata Pakistan Limited announced that they will report Q3, 2025 results on Oct 28, 2025 Board Change • Sep 12
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Rashid Mir was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Aug 29
Second quarter 2025 earnings released: PK₨47.81 loss per share (vs PK₨33.93 profit in 2Q 2024) Second quarter 2025 results: PK₨47.81 loss per share (down from PK₨33.93 profit in 2Q 2024). Revenue: PK₨3.78b (down 25% from 2Q 2024). Net loss: PK₨361.4m (down 241% from profit in 2Q 2024). Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 10% per year. Tillkännagivande • Aug 16
Bata Pakistan Limited to Report First Half, 2025 Results on Aug 26, 2025 Bata Pakistan Limited announced that they will report first half, 2025 results on Aug 26, 2025 Valuation Update With 7 Day Price Move • Jul 11
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨1,727, the stock trades at a trailing P/E ratio of 14.8x. Average trailing P/E is 14x in the Luxury industry in Pakistan. Negligible returns to shareholders over past three years. Board Change • May 07
Less than half of directors are independent Following the recent departure of a director, there are only 4 independent directors on the board. The company's board is composed of: 4 independent directors. 5 non-independent directors. Independent Director Rashid Mir was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • Apr 12
Full year 2024 earnings released: EPS: PK₨113 (vs PK₨121 in FY 2023) Full year 2024 results: EPS: PK₨113 (down from PK₨121 in FY 2023). Revenue: PK₨18.3b (down 4.8% from FY 2023). Net income: PK₨850.7m (down 7.2% from FY 2023). Profit margin: 4.6% (down from 4.8% in FY 2023). The decrease in margin was driven by lower revenue. Over the last 3 years on average, earnings per share has increased by 12% per year but the company’s share price has fallen by 9% per year, which means it is significantly lagging earnings. New Risk • Mar 08
New major risk - Dividend sustainability The dividend is not well covered by earnings and cash flows. Payout ratio: 116% The company is paying a dividend despite having no free cash flows. Dividend yield: 7.5% This is considered a major risk. Companies that pay out too much of their earnings and cash flows are at risk of having to reduce or cut their dividend in future. If earnings or cash flows stagnate or fall, then there may not be enough to maintain the same dividend. Or in extreme cases, companies may opt to dig into capital reserves or take on debt to maintain the dividend. For dividend paying companies, any reduction in the dividend can significantly impact the share price. Currently, the following risks have been identified for the company: Major Risks Dividend is not well covered by earnings and cash flows. Payout ratio: 116% Paying a dividend despite having no free cash flows. High level of non-cash earnings (32% accrual ratio). Minor Risk Market cap is less than US$100m (PK₨13.2b market cap, or US$47.0m). Tillkännagivande • Feb 28
Bata Pakistan Limited, Annual General Meeting, Apr 28, 2025 Bata Pakistan Limited, Annual General Meeting, Apr 28, 2025. Location: at company`s registered office situated at, g.t. road, batapur, lahore Pakistan Reported Earnings • Oct 29
Third quarter 2024 earnings released: EPS: PK₨14.07 (vs PK₨29.21 in 3Q 2023) Third quarter 2024 results: EPS: PK₨14.07 (down from PK₨29.21 in 3Q 2023). Revenue: PK₨4.31b (down 3.4% from 3Q 2023). Net income: PK₨106.4m (down 52% from 3Q 2023). Profit margin: 2.5% (down from 5.0% in 3Q 2023). Over the last 3 years on average, earnings per share has increased by 16% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. New Risk • Jun 05
New major risk - Revenue and earnings growth Earnings have declined by 7.1% 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 Risk Earnings have declined by 7.1% per year over the past 5 years. Minor Risks Dividend is not well covered by earnings (151% payout ratio). Market cap is less than US$100m (PK₨12.7b market cap, or US$45.6m). New Risk • Mar 16
New minor risk - Financial data availability The company's latest financial reports are more than 6 months old. Last reported fiscal period ended June 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 Risk Earnings have declined by 17% per year over the past 5 years. Minor Risks Latest financial reports are more than 6 months old (reported June 2023 fiscal period end). Dividend is not well covered by earnings (151% payout ratio). Market cap is less than US$100m (PK₨12.8b market cap, or US$45.8m). Tillkännagivande • Jun 15
Bata Pakistan Limited Appoints Haroon Shoukat as Company Secretary Bata Pakistan Limited has made an important announcement regarding its leadership team, as Mr. Haroon Shoukat has been appointed as the Company Secretary. The appointment will take effect from June 07, 2023, marking a significant addition to the company's executive roster. Valuation Update With 7 Day Price Move • Mar 31
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨2,034, the stock trades at a trailing P/E ratio of 18.1x. Average trailing P/E is 3x in the Luxury industry in Pakistan. Total returns to shareholders of 67% over the past three years. Valuation Update With 7 Day Price Move • Dec 26
Investor sentiment improved over the past week After last week's 18% share price gain to PK₨1,825, the stock trades at a trailing P/E ratio of 16.3x. Average trailing P/E is 2x in the Luxury industry in Pakistan. Total returns to shareholders of 11% over the past three years. 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. 8 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Director Fatima Asad Khan was the last independent director to join the board, commencing their role in 2019. 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 • Oct 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. 8 experienced directors. 1 highly experienced director. 3 independent directors (6 non-independent directors). Independent Director Fatima Asad Khan was the last independent director to join the board, commencing their role in 2019. 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 • Jun 29
Investor sentiment improved over the past week After last week's 15% share price gain to PK₨2,325, the stock trades at a trailing P/E ratio of 29.5x. Average trailing P/E is 2x in the Luxury industry in Pakistan. Total returns to shareholders of 93% over the past three years. Board Change • Apr 27
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. 9 experienced directors. No highly experienced directors. 4 independent directors (6 non-independent directors). Independent Director Fatima Asad Khan was the last independent director to join the board, commencing their role in 2019. 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 • Oct 30
Third quarter 2021 earnings released: EPS PK₨4.46 (vs PK₨51.32 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₨3.28b (up 9.0% from 3Q 2020). Net income: PK₨33.7m (up PK₨421.6m from 3Q 2020). Profit margin: 1.0% (up from net loss in 3Q 2020). The move to profitability was primarily driven by higher revenue. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 77 percentage points per year, which is a significant difference in performance. Reported Earnings • Aug 29
Second quarter 2021 earnings released: EPS PK₨12.82 (vs PK₨55.63 loss in 2Q 2020) The company reported a strong second quarter result with improved earnings, revenues and profit margins. Second quarter 2021 results: Revenue: PK₨3.22b (up 82% from 2Q 2020). Net income: PK₨96.9m (up PK₨517.5m from 2Q 2020). Profit margin: 3.0% (up from net loss in 2Q 2020). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 76 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 29
First quarter 2021 earnings released: EPS PK₨4.43 (vs PK₨33.11 loss in 1Q 2020) The company reported a decent first quarter result with improved earnings and profit margins, although revenues were weaker. First quarter 2021 results: Revenue: PK₨2.64b (down 9.2% from 1Q 2020). Net income: PK₨33.5m (up PK₨283.7m from 1Q 2020). Profit margin: 1.3% (up from net loss in 1Q 2020). The move to profitability was driven by lower expenses. Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 66 percentage points per year, which is a significant difference in performance. Reported Earnings • Apr 08
Full year 2020 earnings released The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: PK₨11.7b (down 33% from FY 2019). Net loss: PK₨627.3m (down 158% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 54% 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. Tillkännagivande • Mar 02
Bata Pakistan Limited Does Not Recommend Cash Dividend Bata Pakistan Limited board of directors meeting held on February 26 2020, the board did not recommend cash dividend. Reported Earnings • Mar 02
Full year 2020 earnings released: PK₨82.98 loss per share (vs PK₨144 profit in FY 2019) The company reported a poor full year result with weaker earnings, revenues and control over costs. Full year 2020 results: Revenue: PK₨11.7b (down 33% from FY 2019). Net loss: PK₨627.3m (down 158% from profit in FY 2019). Over the last 3 years on average, earnings per share has fallen by 63% per year but the company’s share price has only fallen by 13% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Feb 18
New 90-day high: PK₨1,838 The company is up 30% from its price of PK₨1,415 on 20 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 25% over the same period. Is New 90 Day High Low • Jan 28
New 90-day high: PK₨1,600 The company is up 1.0% from its price of PK₨1,589 on 29 October 2020. The Pakistani market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 32% over the same period. Is New 90 Day High Low • Nov 10
New 90-day low: PK₨1,443 The company is down 12% from its price of PK₨1,648 on 12 August 2020. The Pakistani market is flat over the last 90 days, indicating the company underperformed over that time. It also underperformed the Luxury industry, which is up 1.0% over the same period. Reported Earnings • Nov 04
Third quarter 2020 earnings released: PK₨51.32 loss per share The company reported a poor third quarter result with weaker earnings, revenues and control over expenses. Third quarter 2020 results: Revenue: PK₨3.01b (down 13% from 3Q 2019). Net loss: PK₨387.9m (down 451% from profit in 3Q 2019). Over the last 3 years on average, earnings per share has fallen by 45% per year but the company’s share price has only fallen by 17% per year, which means it has not declined as severely as earnings. Is New 90 Day High Low • Oct 01
New 90-day high: PK₨1,720 The company is up 27% from its price of PK₨1,353 on 03 July 2020. The Pakistani market is up 15% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Luxury industry, which is up 20% over the same period.