Tillkännagivande • May 11
Baba Farid Sugar Mills Limited to Report Q2, 2026 Results on May 18, 2026 Baba Farid Sugar Mills Limited announced that they will report Q2, 2026 results on May 18, 2026 Valuation Update With 7 Day Price Move • Apr 08
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨241, the stock trades at a trailing P/E ratio of 3.2x. Average trailing P/E is 13x in the Food industry in Pakistan. Total returns to shareholders of 316% over the past year. Valuation Update With 7 Day Price Move • Mar 04
Investor sentiment deteriorates as stock falls 16% After last week's 16% share price decline to PK₨201, the stock trades at a trailing P/E ratio of 2.7x. Average trailing P/E is 13x in the Food industry in Pakistan. Total returns to shareholders of 471% over the past three years. Reported Earnings • Jan 28
First quarter 2026 earnings released: PK₨9.90 loss per share (vs PK₨1.31 profit in 1Q 2025) First quarter 2026 results: PK₨9.90 loss per share (down from PK₨1.31 profit in 1Q 2025). Revenue: PK₨238.3m (down 84% from 1Q 2025). Net loss: PK₨93.6m (down PK₨106.0m from profit in 1Q 2025). Over the last 3 years on average, earnings per share has increased by 50% per year but the company’s share price has increased by 98% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Jan 19
Baba Farid Sugar Mills Limited to Report Q1, 2026 Results on Jan 26, 2026 Baba Farid Sugar Mills Limited announced that they will report Q1, 2026 results at 12:30 PM, Pakistan Standard Time on Jan 26, 2026 Upcoming Dividend • Jan 08
Upcoming dividend of PK₨2.00 per share Eligible shareholders must have bought the stock before 15 January 2026. Payment date: 16 February 2026. Payout ratio is a comfortable 2.3% and this is well supported by cash flows. Trailing yield: 0.7%. Lower than top quartile of Pakistani dividend payers (6.7%). Lower than average of industry peers (4.0%). Tillkännagivande • Dec 26
Baba Farid Sugar Mills Limited, Annual General Meeting, Jan 26, 2026 Baba Farid Sugar Mills Limited, Annual General Meeting, Jan 26, 2026. Location: at the registered office 2-d-1, gulberg iii, lahore Pakistan Reported Earnings • Dec 25
Full year 2025 earnings released: EPS: PK₨86.22 (vs PK₨65.97 loss in FY 2024) Full year 2025 results: EPS: PK₨86.22 (up from PK₨65.97 loss in FY 2024). Revenue: PK₨10.2b (up 75% from FY 2024). Net income: PK₨814.8m (up PK₨1.44b from FY 2024). Profit margin: 8.0% (up from net loss in FY 2024). The move to profitability 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 increased by 106% per year, which means it is tracking significantly ahead of earnings growth. Tillkännagivande • Dec 25
Baba Farid Sugar Mills Limited announces Annual dividend, payable on February 16, 2026 Baba Farid Sugar Mills Limited announced Annual dividend of PKR 2.0000 per share payable on February 16, 2026, ex-date on January 15, 2026 and record date on January 18, 2026. Tillkännagivande • Dec 18
Baba Farid Sugar Mills Limited to Report Fiscal Year 2025 Results on Dec 24, 2025 Baba Farid Sugar Mills Limited announced that they will report fiscal year 2025 results on Dec 24, 2025 Valuation Update With 7 Day Price Move • Nov 28
Investor sentiment improves as stock rises 18% After last week's 18% share price gain to PK₨260, the stock trades at a trailing P/E ratio of 7.6x. Average trailing P/E is 19x in the Food industry in Pakistan. Total returns to shareholders of 584% over the past three years. Valuation Update With 7 Day Price Move • Nov 10
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨253, the stock trades at a trailing P/E ratio of 7.4x. Average trailing P/E is 18x in the Food industry in Pakistan. Total returns to shareholders of 462% over the past year. Valuation Update With 7 Day Price Move • Sep 30
Investor sentiment improves as stock rises 17% After last week's 17% share price gain to PK₨271, the stock trades at a trailing P/E ratio of 8x. Average trailing P/E is 24x in the Food industry in Pakistan. Total returns to shareholders of 457% over the past year. Valuation Update With 7 Day Price Move • Aug 18
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to PK₨292, the stock trades at a trailing P/E ratio of 8.6x. Average trailing P/E is 21x in the Food industry in Pakistan. Total returns to shareholders of 670% over the past three years. New Risk • Jul 26
New major risk - Financial position The company's interest payments are not well covered by earnings. Net interest cover: 1.9x 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 (1.9x net interest cover). Shares are highly illiquid. Market cap is less than US$10m (PK₨726.3m market cap, or US$2.56m). Reported Earnings • Jul 26
Third quarter 2025 earnings released: EPS: PK₨47.22 (vs PK₨26.37 loss in 3Q 2024) Third quarter 2025 results: EPS: PK₨47.22 (up from PK₨26.37 loss in 3Q 2024). Revenue: PK₨3.67b (up 133% from 3Q 2024). Net income: PK₨446.2m (up PK₨695.4m from 3Q 2024). Profit margin: 12% (up from net loss in 3Q 2024). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 11% per year but the company’s share price has increased by 20% per year, which means it is well ahead of earnings. Board Change • Jun 18
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. 6 non-independent directors. Independent Director Anwar Khan was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Reported Earnings • May 29
Second quarter 2025 earnings released: EPS: PK₨4.74 (vs PK₨36.05 loss in 2Q 2024) Second quarter 2025 results: EPS: PK₨4.74 (up from PK₨36.05 loss in 2Q 2024). Revenue: PK₨2.69b (up PK₨2.25b from 2Q 2024). Net income: PK₨44.8m (up PK₨385.4m from 2Q 2024). Profit margin: 1.7% (up from net loss in 2Q 2024). The move to profitability was driven by higher revenue. New Risk • May 29
New major risk - Revenue and earnings growth Earnings have declined by 11% 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 Shares are highly illiquid. Earnings have declined by 11% per year over the past 5 years. Market cap is less than US$10m (PK₨576.5m market cap, or US$2.04m). Board Change • May 15
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. 6 non-independent directors. Independent Director Anwar Khan was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Mar 13
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. 6 non-independent directors. Independent Director Anwar Khan was the last independent director to join the board, commencing their role in 2025. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Tillkännagivande • Feb 14
Baba Farid Sugar Mills Limited Approves the Appointment of Anwar Ahmad Khan as New Independent Director Baba Farid Sugar Mills Limited has announced key leadership appointments following its Annual General Meeting held on January 28, 2025. Additionally, Mr. Anwar Ahmad Khan was elected as a new Independent
Director, strengthening the board's independent perspective. New Risk • Feb 05
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₨1.9b 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₨1.9b free cash flow). Market cap is less than US$10m (PK₨502.1m market cap, or US$1.80m). New Risk • Jan 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₨2.0b 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₨2.0b free cash flow). Shares are highly illiquid. Market cap is less than US$10m (PK₨456.0m market cap, or US$1.64m). Reported Earnings • Dec 30
Full year 2024 earnings released: PK₨65.96 loss per share (vs PK₨9.60 profit in FY 2023) Full year 2024 results: PK₨65.96 loss per share (down from PK₨9.60 profit in FY 2023). Revenue: PK₨5.84b (up 29% from FY 2023). Net loss: PK₨623.4m (down PK₨714.1m from profit in FY 2023). 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 2% per year, which means it has not declined as severely as earnings. Tillkännagivande • Dec 27
Baba Farid Sugar Mills Limited, Annual General Meeting, Jan 28, 2025 Baba Farid Sugar Mills Limited, Annual General Meeting, Jan 28, 2025. Location: at the registered office 2d-1, gulberg iii, lahore Pakistan New Risk • Aug 06
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₨2.9b 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₨2.9b free cash flow). Shares are highly illiquid. Market cap is less than US$10m (PK₨559.5m market cap, or US$2.01m). Board Change • Jul 22
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). 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: Minority of independent directors. Insufficient board refreshment. Tillkännagivande • Jul 16
Baba Farid Sugar Mills Limited to Report Q3, 2024 Results on Jul 23, 2024 Baba Farid Sugar Mills Limited announced that they will report Q3, 2024 results on Jul 23, 2024 Reported Earnings • Jun 05
Second quarter 2024 earnings released: PK₨36.05 loss per share (vs PK₨2.65 profit in 2Q 2023) Second quarter 2024 results: PK₨36.05 loss per share (down from PK₨2.65 profit in 2Q 2023). Revenue: PK₨443.1m (down 14% from 2Q 2023). Net loss: PK₨340.6m (down PK₨365.7m from profit in 2Q 2023). Board Change • May 20
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). 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: Minority of independent directors. Insufficient board refreshment. Board Change • Apr 26
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). 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: Minority of independent directors. Insufficient board refreshment. Valuation Update With 7 Day Price Move • Jan 13
Investor sentiment improves as stock rises 20% After last week's 20% share price gain to PK₨60.49, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 5x in the Food industry in Pakistan. Total returns to shareholders of 4.3% over the past three years. Reported Earnings • Jan 09
Full year 2023 earnings released: EPS: PK₨9.60 (vs PK₨25.64 loss in FY 2022) Full year 2023 results: EPS: PK₨9.60 (up from PK₨25.64 loss in FY 2022). Revenue: PK₨4.54b (up 15% from FY 2022). Net income: PK₨90.7m (up PK₨333.0m from FY 2022). Profit margin: 2.0% (up from net loss in FY 2022). Over the last 3 years on average, earnings per share has increased by 17% per year but the company’s share price has fallen by 5% per year, which means it is significantly lagging earnings. Board Change • Dec 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). 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: Minority of independent directors. Insufficient board refreshment. Board Change • Dec 01
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). 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: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 19
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). 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: Minority of independent directors. Insufficient board refreshment. Board Change • Oct 05
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). 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Jun 01
Second quarter 2023 earnings released: EPS: PK₨2.65 (vs PK₨9.86 loss in 2Q 2022) Second quarter 2023 results: EPS: PK₨2.65 (up from PK₨9.86 loss in 2Q 2022). Revenue: PK₨517.4m (down 6.8% from 2Q 2022). Net income: PK₨25.0m (up PK₨118.2m from 2Q 2022). Profit margin: 4.8% (up from net loss in 2Q 2022). Over the last 3 years on average, earnings per share has increased by 29% per year but the company’s share price has fallen by 23% per year, which means it is significantly lagging earnings. Board Change • May 15
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). 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: Minority of independent directors. Insufficient board refreshment. Reported Earnings • Feb 02
First quarter 2023 earnings released: PK₨7.45 loss per share (vs PK₨3.63 loss in 1Q 2022) First quarter 2023 results: PK₨7.45 loss per share (further deteriorated from PK₨3.63 loss in 1Q 2022). Revenue: PK₨688.3m (up 26% from 1Q 2022). Net loss: PK₨70.4m (loss widened 105% from 1Q 2022). Over the last 3 years on average, earnings per share has increased by 49% per year but the company’s share price has fallen by 7% per year, which means it is significantly lagging earnings. Board Change • Feb 01
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). 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: Minority of independent directors. Insufficient board refreshment. Board Change • Nov 23
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). 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: Minority of independent directors. Insufficient board refreshment. Board Change • Aug 11
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). 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: Minority of independent directors. Insufficient board refreshment. Board Change • Jun 30
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). 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: Minority of independent directors. Insufficient board refreshment.