Reported Earnings • May 01
Third quarter 2026 earnings released: EPS: PK₨8.07 (vs PK₨3.40 loss in 3Q 2025) Third quarter 2026 results: EPS: PK₨8.07 (up from PK₨3.40 loss in 3Q 2025). Revenue: PK₨697.7m (down 8.5% from 3Q 2025). Net income: PK₨31.5m (up PK₨44.7m from 3Q 2025). Profit margin: 4.5% (up from net loss in 3Q 2025). Over the last 3 years on average, earnings per share has fallen by 59% per year but the company’s share price has increased by 33% per year, which means it is well ahead of earnings. Duyuru • Apr 21
Shield Corporation Limited to Report Q3, 2026 Results on Apr 28, 2026 Shield Corporation Limited announced that they will report Q3, 2026 results on Apr 28, 2026 Reported Earnings • Mar 03
Second quarter 2026 earnings released: PK₨1.05 loss per share (vs PK₨66.64 profit in 2Q 2025) Second quarter 2026 results: PK₨1.05 loss per share (down from PK₨66.64 profit in 2Q 2025). Revenue: PK₨587.5m (down 33% from 2Q 2025). Net loss: PK₨4.09m (down 102% from profit in 2Q 2025). Over the last 3 years on average, earnings per share has fallen by 62% per year but the company’s share price has increased by 58% per year, which means it is well ahead of earnings. Duyuru • Feb 18
Shield Corporation Limited to Report First Half, 2026 Results on Feb 25, 2026 Shield Corporation Limited announced that they will report first half, 2026 results on Feb 25, 2026 New Risk • Nov 05
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 7.0% 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 Interest payments are not well covered by earnings (0.09x net interest cover). Market cap is less than US$10m (PK₨1.34b market cap, or US$4.79m). Minor Risks Share price has been volatile over the past 3 months (7.0% average weekly change). Large one-off items impacting financial results. Reported Earnings • Nov 01
First quarter 2026 earnings released: PK₨9.29 loss per share (vs PK₨14.85 loss in 1Q 2025) First quarter 2026 results: PK₨9.29 loss per share (improved from PK₨14.85 loss in 1Q 2025). Revenue: PK₨717.7m (flat on 1Q 2025). Net loss: PK₨36.2m (loss narrowed 37% from 1Q 2025). Over the last 3 years on average, earnings per share has fallen by 55% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Duyuru • Oct 24
Shield Corporation Limited to Report Q1, 2026 Results on Oct 30, 2025 Shield Corporation Limited announced that they will report Q1, 2026 results on Oct 30, 2025 Reported Earnings • Oct 01
Full year 2025 earnings released: PK₨3.25 loss per share (vs PK₨93.00 loss in FY 2024) Full year 2025 results: PK₨3.25 loss per share (improved from PK₨93.00 loss in FY 2024). Revenue: PK₨2.97b (down 23% from FY 2024). Net loss: PK₨12.7m (loss narrowed 97% from FY 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 82 percentage points per year, which is a significant difference in performance. Duyuru • Sep 30
Shield Corporation Limited, Annual General Meeting, Oct 24, 2025 Shield Corporation Limited, Annual General Meeting, Oct 24, 2025. Location: karachi Pakistan New Risk • Sep 25
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 Risks Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 43% per year over the past 5 years. Market cap is less than US$10m (PK₨1.79b market cap, or US$6.38m). Minor Risk Share price has been volatile over the past 3 months (7.1% average weekly change). New Risk • Apr 24
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 8.1% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Share price has been highly volatile over the past 3 months (8.1% average weekly change). Earnings have declined by 44% per year over the past 5 years. Market cap is less than US$10m (PK₨1.19b market cap, or US$4.24m). New Risk • Mar 24
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 6.9% 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 Debt is not well covered by operating cash flow (currently running at an operating cash loss). Earnings have declined by 44% per year over the past 5 years. Market cap is less than US$10m (PK₨1.08b market cap, or US$3.85m). Minor Risk Share price has been volatile over the past 3 months (6.9% average weekly change). Reported Earnings • Nov 02
First quarter 2025 earnings released: PK₨14.85 loss per share (vs PK₨4.30 profit in 1Q 2024) First quarter 2025 results: PK₨14.85 loss per share (down from PK₨4.30 profit in 1Q 2024). Revenue: PK₨719.9m (down 42% from 1Q 2024). Net loss: PK₨57.9m (down 445% from profit in 1Q 2024). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 96 percentage points per year, which is a significant difference in performance. Reported Earnings • Oct 02
Full year 2024 earnings released: PK₨92.99 loss per share (vs PK₨37.17 profit in FY 2023) Full year 2024 results: PK₨92.99 loss per share (down from PK₨37.17 profit in FY 2023). Revenue: PK₨3.87b (down 11% from FY 2023). Net loss: PK₨362.7m (down 350% from profit in FY 2023). Over the last 3 years on average, the company's share price growth rate has exceeded its earnings growth rate by 62 percentage points per year, which is a significant difference in performance. Duyuru • Oct 01
Shield Corporation Limited, Annual General Meeting, Oct 28, 2024 Shield Corporation Limited, Annual General Meeting, Oct 28, 2024. Valuation Update With 7 Day Price Move • Dec 21
Investor sentiment deteriorates as stock falls 15% After last week's 15% share price decline to PK₨275, the stock trades at a trailing P/E ratio of 6.7x. Average trailing P/E is 27x in the Personal Products industry in Asia. Total loss to shareholders of 10% over the past three years. Valuation Update With 7 Day Price Move • Nov 16
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨368, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 27x in the Personal Products industry in Asia. Total returns to shareholders of 35% over the past three years. 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. 1 experienced director. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Syed Chishti was the last independent director to join the board, commencing their role in 2015. 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 • Jul 07
Investor sentiment improves as stock rises 19% After last week's 19% share price gain to PK₨325, the stock trades at a trailing P/E ratio of 15x. Average trailing P/E is 29x in the Personal Products industry in Asia. Total returns to shareholders of 35% over the past three years. Board Change • Jul 03
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. 1 experienced director. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Syed Chishti was the last independent director to join the board, commencing their role in 2015. 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 15
Investor sentiment improves as stock rises 16% After last week's 16% share price gain to PK₨295, the stock trades at a trailing P/E ratio of 13.6x. Average trailing P/E is 29x in the Personal Products industry in Asia. Total returns to shareholders of 29% over the past three years. Reported Earnings • May 05
Third quarter 2023 earnings released: EPS: PK₨17.38 (vs PK₨4.31 in 3Q 2022) Third quarter 2023 results: EPS: PK₨17.38 (up from PK₨4.31 in 3Q 2022). Revenue: PK₨1.09b (up 39% from 3Q 2022). Net income: PK₨67.8m (up 303% from 3Q 2022). Profit margin: 6.2% (up from 2.1% in 3Q 2022). 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 and the company’s share price has also increased by 17% per year. 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. 1 experienced director. 6 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Syed Chishti was the last independent director to join the board, commencing their role in 2015. 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 • Mar 29
Investor sentiment improves as stock rises 33% After last week's 33% share price gain to PK₨304, the stock trades at a trailing P/E ratio of 35.5x. Average trailing P/E is 31x in the Personal Products industry in Asia. Total returns to shareholders of 49% over the past three years. Board Change • Mar 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. 2 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Syed Chishti was the last independent director to join the board, commencing their role in 2015. 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 04
Second quarter 2023 earnings released: EPS: PK₨8.66 (vs PK₨1.89 in 2Q 2022) Second quarter 2023 results: EPS: PK₨8.66 (up from PK₨1.89 in 2Q 2022). Revenue: PK₨1.16b (up 81% from 2Q 2022). Net income: PK₨33.8m (up 358% from 2Q 2022). Profit margin: 2.9% (up from 1.1% in 2Q 2022). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has fallen by 8% per year, which means it is significantly lagging earnings. Valuation Update With 7 Day Price Move • Dec 09
Investor sentiment deteriorated over the past week After last week's 17% share price decline to PK₨264, the stock trades at a trailing P/E ratio of 57.9x. Average trailing P/E is 29x in the Personal Products industry in Asia. Total loss to shareholders of 2.6% 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. 2 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Syed Chishti was the last independent director to join the board, commencing their role in 2015. 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 • Oct 27
Investor sentiment improved over the past week After last week's 19% share price gain to PK₨298, the stock trades at a trailing P/E ratio of 65.4x. Average trailing P/E is 25x in the Personal Products industry in Asia. Total returns to shareholders of 44% over the past three years. Reported Earnings • Oct 08
Full year 2022 earnings released: EPS: PK₨4.55 (vs PK₨39.77 in FY 2021) Full year 2022 results: EPS: PK₨4.55 (down from PK₨39.77 in FY 2021). Revenue: PK₨2.66b (up 24% from FY 2021). Net income: PK₨17.8m (down 89% from FY 2021). Profit margin: 0.7% (down from 7.2% in FY 2021). The decrease in margin was driven by higher expenses. Over the last 3 years on average, earnings per share has increased by 43% per year but the company’s share price has only increased by 10% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Aug 19
Investor sentiment improved over the past week After last week's 17% share price gain to PK₨303, the stock trades at a trailing P/E ratio of 24.6x. Average trailing P/E is 25x in the Personal Products industry in Asia. Total returns to shareholders of 63% over the past three years. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨295, the stock trades at a trailing P/E ratio of 23.9x. Average trailing P/E is 25x in the Personal Products industry in Asia. Total returns to shareholders of 59% over the past three years. Valuation Update With 7 Day Price Move • Jun 29
Investor sentiment deteriorated over the past week After last week's 19% share price decline to PK₨243, the stock trades at a trailing P/E ratio of 19.7x. Average trailing P/E is 24x in the Personal Products industry in Asia. Total returns to shareholders of 22% over the past three years. Valuation Update With 7 Day Price Move • Jun 01
Investor sentiment improved over the past week After last week's 15% share price gain to PK₨291, the stock trades at a trailing P/E ratio of 23.7x. Average trailing P/E is 23x in the Personal Products industry in Asia. Total returns to shareholders of 55% over the past three years. Reported Earnings • May 19
Third quarter 2022 earnings released: EPS: PK₨4.31 (vs PK₨13.67 in 3Q 2021) Third quarter 2022 results: EPS: PK₨4.31 (down from PK₨13.67 in 3Q 2021). Revenue: PK₨785.9m (up 49% from 3Q 2021). Net income: PK₨16.8m (down 69% from 3Q 2021). Profit margin: 2.1% (down from 10% 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 51% per year but the company’s share price has only increased by 7% 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. 2 experienced directors. 5 highly experienced directors. 2 independent directors (5 non-independent directors). Independent Director Syed Chishti was the last independent director to join the board, commencing their role in 2015. 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 • Apr 01
Investor sentiment deteriorated over the past week After last week's 24% share price decline to PK₨267, the stock trades at a trailing P/E ratio of 12.3x. Average trailing P/E is 22x in the Personal Products industry in Asia. Total returns to shareholders of 16% over the past three years. Valuation Update With 7 Day Price Move • Mar 17
Investor sentiment improved over the past week After last week's 26% share price gain to PK₨329, the stock trades at a trailing P/E ratio of 15.2x. Average trailing P/E is 21x in the Personal Products industry in Asia. Total returns to shareholders of 44% over the past three years. Reported Earnings • Mar 04
Second quarter 2022 earnings: Revenues and EPS in line with analyst expectations Second quarter 2022 results: EPS: PK₨1.89 (down from PK₨17.70 in 2Q 2021). Revenue: PK₨643.6m (flat on 2Q 2021). Net income: PK₨7.38m (down 89% from 2Q 2021). Profit margin: 1.1% (down from 11% in 2Q 2021). Revenue was in line with analyst estimates. Over the last 3 years on average, earnings per share has increased by 55% per year but the company’s share price has only increased by 1% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Feb 26
Investor sentiment deteriorated over the past week After last week's 18% share price decline to PK₨238, the stock trades at a trailing P/E ratio of 6.3x. Average trailing P/E is 24x in the Personal Products industry in Asia. Total returns to shareholders of 6.4% over the past three years. Valuation Update With 7 Day Price Move • Feb 04
Investor sentiment improved over the past week After last week's 24% share price gain to PK₨347, the stock trades at a trailing P/E ratio of 9.3x. Average trailing P/E is 24x in the Personal Products industry in Asia. Total returns to shareholders of 32% over the past three years. Valuation Update With 7 Day Price Move • Dec 02
Investor sentiment improved over the past week After last week's 24% share price gain to PK₨294, the stock trades at a trailing P/E ratio of 7.8x. Average trailing P/E is 23x in the Personal Products industry in Asia. Total returns to shareholders of 23% over the past three years. Reported Earnings • Oct 09
Full year 2021 earnings released: EPS PK₨39.77 (vs PK₨4.73 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨2.15b (up 26% from FY 2020). Net income: PK₨155.1m (up PK₨173.6m from FY 2020). Profit margin: 7.2% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Oct 04
Upcoming dividend of PK₨2.00 per share Eligible shareholders must have bought the stock before 11 October 2021. Payment date: 17 November 2021. Trailing yield: 0.6%. Lower than top quartile of Pakistani dividend payers (10%). Lower than average of industry peers (1.5%). Reported Earnings • Sep 09
Full year 2021 earnings released: EPS PK₨39.77 (vs PK₨4.73 loss in FY 2020) The company reported a strong full year result with improved earnings, revenues and profit margins. Full year 2021 results: Revenue: PK₨2.15b (up 26% from FY 2020). Net income: PK₨155.1m (up PK₨173.6m from FY 2020). Profit margin: 7.2% (up from net loss in FY 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 21% per year but the company’s share price has only increased by 12% per year, which means it is significantly lagging earnings growth. Valuation Update With 7 Day Price Move • Jul 14
Investor sentiment improved over the past week After last week's 16% share price gain to PK₨400, the stock trades at a trailing P/E ratio of 11.7x. Average trailing P/E is 31x in the Personal Products industry in Asia. Total returns to shareholders of 56% over the past three years. Valuation Update With 7 Day Price Move • Jun 26
Investor sentiment deteriorated over the past week After last week's 20% share price decline to PK₨329, the stock trades at a trailing P/E ratio of 9.6x. Average trailing P/E is 30x in the Personal Products industry in Asia. Total returns to shareholders of 34% over the past three years. Valuation Update With 7 Day Price Move • May 19
Investor sentiment deteriorated over the past week After last week's 16% share price decline to PK₨307, the stock trades at a trailing P/E ratio of 9x. Average trailing P/E is 30x in the Personal Products industry in Asia. Total returns to shareholders of 18% over the past three years. Reported Earnings • Apr 21
Third quarter 2021 earnings released: EPS PK₨13.67 (vs PK₨5.77 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₨528.7m (up 38% from 3Q 2020). Net income: PK₨53.3m (up PK₨75.8m from 3Q 2020). Profit margin: 10% (up from net loss in 3Q 2020). The move to profitability was driven by higher revenue. Over the last 3 years on average, earnings per share has fallen by 7% per year but the company’s share price has increased by 8% per year, which means it is well ahead of earnings. Valuation Update With 7 Day Price Move • Mar 03
Investor sentiment improved over the past week After last week's 35% share price gain to PK₨425, the stock is trading at a trailing P/E ratio of 28.9x, up from the previous P/E ratio of 21.4x. This compares to an average P/E of 30x in the Personal Products industry in Asia. Total returns to shareholders over the past three years are 46%. Is New 90 Day High Low • Mar 02
New 90-day high: PK₨425 The company is up 77% from its price of PK₨240 on 02 December 2020. The Pakistani market is up 6.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Personal Products industry, which is up 2.0% over the same period. Is New 90 Day High Low • Feb 26
New 90-day high: PK₨390 The company is up 68% from its price of PK₨231 on 27 November 2020. The Pakistani market is up 9.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Personal Products industry, which is up 3.0% over the same period. Is New 90 Day High Low • Dec 12
New 90-day high: PK₨300 The company is up 42% from its price of PK₨212 on 11 September 2020. The Pakistani market is down 3.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Personal Products industry, which is up 7.0% over the same period. Reported Earnings • Nov 01
First quarter earnings released Over the last 12 months the company has reported total losses of PK₨18.2m, with earnings decreasing by PK₨47.7m from the prior year. Total revenue was PK₨1.80b over the last 12 months, down 1.8% from the prior year. Is New 90 Day High Low • Oct 10
New 90-day high: PK₨268 The company is up 10.0% from its price of PK₨243 on 10 July 2020. The Pakistani market is also up 10.0% over the last 90 days, indicating the company’s price trend is similar to the market over that time. However, it outperformed the Personal Products industry, which is up 2.0% over the same period. Reported Earnings • Oct 08
Full year earnings released - PK₨4.73 loss per share Over the last 12 months the company has reported total losses of PK₨18.5m, with earnings decreasing by PK₨42.8m from the prior year. Total revenue was PK₨1.71b over the last 12 months, down 4.0% from the prior year. Reported Earnings • Sep 28
Full year earnings released - PK₨4.73 loss per share Over the last 12 months the company has reported total losses of PK₨18.5m, with earnings decreasing by PK₨42.8m from the prior year. Total revenue was PK₨1.71b over the last 12 months, down 4.0% from the prior year.