Mehran Sugar Mills Limited · PSX:MRNS
Mehran Sugar Mills — Investor Presentation (April 2026)
22 slides from Mehran Sugar Mills's investor presentation, April 2026
Slide 1: Mehran Sugar Mills Limited Corporate Briefing Session
MEHRAN SUGAR MILLS LIMITED Corporate Briefing Session
Slide 2: Table of Contents
TABLE OF CONTENTS 1. Company Profile 2. Pakistan Sugar Industry Outlook 3. Important Events - FY 2024-25 4. Operational Highlights 5. Financial Highlights a) for the year ended September 30, 2025 b) for the quarter ended December 31, 2025 6. Dividend Payouts 7. Future Outlook 8. Questions & Answers
Slide 3: Company Profile
MEURAN V wesne~ SUGAR | Bes AW WA MILLS LIMITED COMPANY PROFILE
Slide 4: Mehran Sugar Mills Limited company profile and history
Date of February 19, 1965 Incorporation Location of Tando Allahyar Mills Mehran History Head Office Karachi Mehran Sugar Mills Limited (MSML), incorporated in 1965 as Board of Mr. Muhammed Hussain Hasham a public limited company, is one of the country’s oldest and Directors Mr. Iftikhar Soomro most
Slide 5: Pakistan Sugar Industry Overview
PAKISTAN SUGAR INDUSTRY OVERVIEW
Slide 6: Pakistan Sugar Industry Overview of Season 2024-25
Pakistan SUGAR INDUSTRY OVERVIEW OF SEASON 2024-25 Pakistan’s sugar output in 2024–25 was 5.86 million metric tons. Domestic demand for sugar in Pakistan is generally estimated in the range of 6.5–6.7 metric tons annually, implying a gap in production and demand. Government imported around 281
Slide 7: Important Events
➢ Mehran was able to receive its pending subsidy totaling Rs. 297 million which was receivable since 2018. ➢ A 3rd FFE was installed at a cost of Rs. 180 Million and is successfully running with satisfactory results meaning improved bagasse savings. The gold standard to being super energy efficient
Slide 8: Operational Highlights
OPERATIONAL HIGHLIGHTS for the year ended September 30, 2025
Slide 9: Operational Highlights
Operational Highlights Operational Highlights 2025 2024 710,803 902,931 Crushing - M. Tons 10.22% 10.79% Sucrose Recovery 72,643 97,384 Sugar Production - M. Tons 33,247 40,809 Molasses Production - M. Tons 4.68% 4.46% Molasses Recovery
Slide 10: Financial Highlights
FINANCIAL HIGHLIGHTS for the year ended September 30, 2025
Slide 11: Financial Highlights as at September 2025
Financial Highlights AS AT 30 SEPTEMBER 2025 UOM 2025 2024 % +/- Sales Rs. In Million 13,573 10,989 +23.52% + Gross Profit Rs. In Million 2,010 895 +124.59% + Operating Profit Rs. In Million 1,249 407 +206.88% + Finance Cost Rs. In Million 442.73 1,253.09 -64.67% - Profit /(loss) before tax Rs. In M
Slide 12: Statement of Financial Position - Assets
STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER 2025 2025 2024 ASSETS ----------------- Rupees --------------- -- NON-CURRENT ASSETS Property, plant and equipment 2,386,158,829 2,356,445,597 Right-of-use assets 63,291,360 129,536,144 Long-term receivables - - Long-term investments 1,232,708,829 1
Slide 13: Statement of Financial Position - Equity and Liabilities
STATEMENT OF FINANCIAL POSITION AS AT 30 SEPTEMBER 2025 EQUITY AND LIABILITIES 2025 2024 ----------------- Rupees --------------- SHARE CAPITAL AND RESERVES Share capital 749,276,090 749,276,090 Reserves 4,018,386,685 2,031,461,139 4,767,662,775 2,780,737,229 NON-CURRENT LIABILITIES Long-term financ
Slide 14: Statement of Profit or Loss
STATEMENT OF PROFIT OR LOSS AS AT 30 SEPTEMBER 2025 2025 2024 ----------------- Rupees ----------------- Turnover - gross 16,571,241,033 12,845,351,524 Sales tax (2,997,952,745) (1,856,483,268) Turnover - net 13,573,288,288 10,988,868,256 Cost of sales (11,563,133,425) (10,093,839,447) Gross profit
Slide 15: Financial Highlights
Financial Highlights Rupees in Millions Turnover Gross profit 2,364 2,010 13,573 10,984 10,989 6,425 6,898 895 6,064 807 637 465 2020 2021 2022 2023 2024 2025 2020 2021 2022 2023 2024 2025 Operating Profit Grosss Profit Margin ( % ) 3,081 21.52 2,164 14.81 11.70 10.50 1,230 8.14 7.24 455 416 524 202
Slide 16: Profitability Indicators and Operating Performance
Profitability Indicators Operating Performance 2025 2024 2025 2024 Gross profit margin ( % ) 14.81 8.14 Inventory turnover ratio 7.79 6.33 Operating Profit margin(%) 22.70 11.19 Inventory turnover in days 47 58 Net profit margin ( % ) 16.02 (7.27) Debtors turnover ratio 23.31 13.58 Return on shareho
Slide 17: Financial Highlights for the quarter ended December 31, 2025
FINANCIAL HIGHLIGHTS for the quarter ended December 31, 2025
Slide 18: Financial Highlights as at December 2025
Financial Highlights AS AT 31 DECEMBER 2025 UOM Dec 2025 Dec 2024 % +/- Sales Rs. In Million 1,351 3,908 -65.44% - Gross Profit Rs. In Million 308 342 -9.95% - Operating Profit Rs. In Million 232 377 -38.46% - Finance Cost Rs. In Million 23.22 96.12 -75.85% - Profit / (loss) before tax Rs. In Millio
Slide 19: Dividend Payouts
Dividend Payouts The Company declared a final cash dividend of Rs. 3.00 per share (30%) for the year ended September 30, 2025, This is an addition to the interim dividend already paid @25% i.e Rs 2.5 per share. During the first quarter ended December 31, 2025, the Company also declared an interi
Slide 20: Future Outlook
Future Outlook Primary Objective: • Increase long-term per-share value through operational efficiency, prudent leverage, disciplined capital allocation, and consistent shareholder returns. Operational Focus • Early season indicators suggest a 1%–1.2% improvement in sucrose recovery. We are aiming fo
Slide 21: Future Outlook
Future Outlook Unicol Investment • Recent acquisition and stabilization of its sugar unit are progressing constructively. • Consistent ethanol exports and export refinancing schemes improve earnings visibility. • Expected foreign exchange inflows should allow substantial debt drawdowns over time thi
Slide 22: Questions & Answers
Questions & Answers
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