Habib Sugar Mills Limited · PSX:HABSM
Habib Sugar Mills — Q1 FY2026 Earnings Presentation
38 slides from Habib Sugar Mills's earnings presentation, Feb 17, 2026
Slide 1: Habib Sugar Mills Limited Corporate Briefing Session
HABIB SUGAR MILLS LIMITED CORPORATE BRIEFING SESSION Tuesday 17 February 2026
Slide 2: Agenda
Agenda • Company Profile • Industry Analysis • Financial Information • Future Outlook • Questions & Answers 2
Slide 3: Company Profile
Company Profile Habib Sugar Mills Limited was incorporated as a public limited company in 1962 with its Registered office in Karachi and mills located at Nawabshah, Shaheed Benazirabad District, Sindh. The Company has the following divisions: ❑ Sugar Division ❑ Distillery Division ❑ Textile Division
Slide 4: Management Information
Management Information Board of Directors Audit Committee Human Resource & Remuneration Committee Asghar D. Habib Chairman Murtaza Habib Executive Director Hasnain Habib Non-Executive Director ✓ Ghias Uddin Khan Independent Director ✓ Asif Parekh Independent Director ✓ Muhammad Salman Hussain Indepe
Slide 5: Management Information - Corporate
Management Information - Corporate Amir Bashir Ahmed Chief Financial Officer Imran Amin Virani Company Secretary Azeem Aziz Head of Internal Audit 5
Slide 6: Management Information - Operations
Management Information - Operations Hasan Iqbal Resident Director Rafique Ahmed Mangi Director Distillery Operations Arif Raza Khan Director Technical Israr Jaffery Director Production, Sugar Ali Ather Director Operations, Textiles Shahroz Rao Head of Human Resources Hasnain Jaffery GM Cane Aftab Ah
Slide 7: Segment Information: Sugar Division
Segment Information Sugar Division - Nawabshah: The mill commenced its production in January 1964 and was the second sugar mill in the province of Sindh. The capacity of the plant at its inception was 1,500 tons of sugarcane crushing per day. Presently, mills capacity has enhanced to 11,000 tons per
Slide 8: Segment Information: Distillery Division
Segment Information Distillery Division - Nawabshah: In 1967, Distillery division was added to produce ethanol from sugarcane molasses having a capacity of 52 tons per day. Presently, capacity has been enhanced to 113 tons per day. In January 2009, production of Liquidified Carbon dioxide commenced
Slide 9: Segment Information: Textile and Trading Divisions
Segment Information Textile Division - Karachi: In 1979, Textile Division was added to produce household textiles, viz terry towel products. Presently, the division has the capacity of producing 560,000 Kgs per annum. Trading Division: The Company also undertakes trading of commodities mainly Sugar
Slide 10: Production: Pakistan cane crushing, production and recovery
Pakistan – Cane crushing, production and recovery CANE CRUSHING SUGAR PRODUCED 70,000 7,000 6,762 MT '000 68,000 67,646 6,800 6,684 MT '000 6,600 66,000 65,369 6,400 PRODUCTION 64,000 6,200 PRODUCTION 62,000 6,000 60,260 5,770 5,800 60,000 5,600 58,000 5,400 56,000 5,200 2022-23 2023-24 2024-25 2022
Slide 11: Crushing, production and recovery
Crushing, production and recovery PRODUCTION & SUCROSE RECOVERY Sugar Production MT Sucrose Recovery % 90,000 83,198 10.60% 80,000 72,643 71,515 10.42% 10.40% Cane Sugar Sucrose 70,000 10.22% 60,052 10.20% 10.20% 60,000 52,977 47,953 38,764 10.00% 2024-25 Crushed Production Recovery 50,000 9.92% 9.8
Slide 12: Financial Information – Statement of Profit or Loss
Financial Information – Statement of Profit or Loss %Increase/ 2025 2024 (Decrease) Net sales Rs' 000 21,731,776 20,624,090 5% Gross profit Rs' 000 2,969,479 2,512,686 18% Operating profit Rs' 000 2,776,240 2,747,885 1% Profit before tax Rs' 000 2,810,773 2,715,473 4% Profit after tax Rs' 000 1,555,
Slide 13: Financial Information – Non-Current Assets
Financial Information – Non-Current Assets 2025 2024 % Fixed assets Rs' 000 2,125,198 2,092,699 2% Long-term investments Rs' 000 6,832,921 3,542,201 93% Other Non-current assets Rs' 000 23,241 34,080 (32%) Total Non-current assets Rs' 000 8,981,360 5,668,980 58% 13
Slide 14: Segment operating results
Segment operating results Sugar Distillery Textile Trading 2025 2024 % 2025 2024 % 2025 2024 % 2025 2024 % Net sales Rs' 000 15,289,001 11,770,556 30% 5,904,441 6,792,056 (13%) 538,334 652,003 (17%) - 1,409,475 (100%) Gross profit Rs' 000 1,987,809 1,298,237 53% 993,524 1,062,279 (19%) 48,146 60,289
Slide 15: Financial Information
Financial Information Net Sales and Services 'Rs. 000 22,000,000 Gross Profit Rs. '000 21,731,776 3,200,000 21,500,000 2,969,479 3,000,000 21,000,000 2,800,000 20,624,090 2,600,000 2,512,686 20,500,000 2,400,000 20,000,000 2025 2024 2,200,000 Operating Profit Rs. '000 2025 2024 2,780,000 2,776,240 P
Slide 16: Financial Information
Financial Information Profit After Tax Rs. '000 EPS Rs. 2,500,000 16 14.52 1,960,473 14 2,000,000 11.52 12 1,555,775 1,500,000 10 8 1,000,000 6 500,000 4 2 0 0 2025 2024 2025 2024 Cash Dividend % Contribution to National Exchequer Rs. 'Million 6,000 140 120 120 5,001 120 5,000 100 4,000 3,270 80 3,0
Slide 17: Financial Information – Current Assets
Financial Information – Current Assets 2025 2024 % Stores and spare parts Rs' 000 424,519 353,120 20% Stock-in-trade Rs' 000 2,057,067 5,389,802 (62%) Trade debts Rs' 000 753,387 859,516 (12%) Loans and advances Rs' 000 1,274,506 774,407 65% Trade deposits and short-term Rs' 000 35,591 43,537 (18%)
Slide 18: Financial Information – Equity & Liabilities
Financial Information – Equity & Liabilities 2025 2024 % Shareholder's equity Rs' 000 17,443,423 13,173,094 32% Non-current liabilities Rs' 000 593,800 339,298 75% Current liabilities: Trade and other payables Rs' 000 2,885,963 3,092,874 (7)% Contract Liability Rs' 000 1,013,026 2,115,996 (52.%) Sho
Slide 19: Ratios
Ratios 2025 2024 Gross profit ratio 14% 12% Net profit ratio 7% 10% Return on equity* 13% 16% *Including income realized and Reflected in equity Current ratio 2.7 2.2 Quick ratio 2.2 1.3 Cash to current liabilities 1.8 1.1 19
Slide 20: Dividend History
Dividend History 2025 2024 2023 2022 2021 Cash dividend % 120 120 120 70 60 2020 2019 2018 2017 2016 55 55 55 35 55 Cash dividend % 150% 120% 120% 120% Percentage 100% 60% 70% 55% 55% 55% 55% 50% 35% 0% 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 Year 20
Slide 21: For the 1st quarter ended December 31
For the 1st quarter ended December 31, 21
Slide 22: Crushing, production and recovery
Crushing, production and recovery Crushing & Sucrose Recovery 250,000 228,160 14.00% 12.23% 12.00% 200,000 10.12% 10.48% 9.64% 10.19% 9.87% 10.00% Cane Sugar Sucrose 150,000 151,664 154,292 137,481 7.79% 125,277 8.00% 104,523 2025-26 Crushed Production Recovery 100,000 6.00% 59,904 4.00% MT MT % 50,
Slide 23: Financial Information – Statement of Profit or Loss
Financial Information – Statement of Profit or Loss For the Quarter ended December 31, (Unaudited) %Increase/ 2025 2024 (Decrease) Net sales Rs' 000 3,182,773 4,873,483 (35%) Gross profit Rs' 000 636,427 635,438 0.2% Operating profit Rs' 000 564,912 558,614 1% Profit before tax Rs' 000 616,637 579,7
Slide 24: Financial Information For the Quarter Ended December 31, 2025
Financial Information For the Quarter Ended December 31, 2025(Unaudited) Net Sales and Services 'Rs. 000 Gross Profit Rs. '000 6,000,000 637,000 4,873,483 5,000,000 636,427 636,500 4,000,000 3,182,773 636,000 3,000,000 635,438 2,000,000 635,500 1,000,000 635,000 0 2025 2024 634,500 2025 2024 Operati
Slide 25: Financial Information
Financial Information Profit After Tax Rs. '000 EPS Rs. 400,000 387,637 2.9 2.87 390,000 380,000 2.8 370,000 2.7 360,000 2.6 2.55 350,000 344,716 340,000 2.5 330,000 2.4 320,000 2025 2024 2.3 2025 2024 25
Slide 26: Segment operating results
Segment operating results For the Quarter ended December 31 (Unaudited) Sugar Distillery Textile Trading 2025 2024 % 2025 2024 % 2025 2024 % 2025 2024 % Net sales Rs' 000 1,834,705 3,441,162 (47%) 1,223,162 1,251,708 (2%) 124,127 180,613 (31%) 779 - 100% Gross profit/(Loss) Rs' 000 507,165 496,833 2
Slide 27: Financial Information – Non-Current Assets
Financial Information – Non-Current Assets For the period ended (Unaudited) Dec 31, 2025 Sep 30, 2025 % Fixed assets Rs' 000 2,101,157 2,125,198 (1%) Long-term investments Rs' 000 6,293,443 6,832,921 (8%) Other Non-current assets Rs' 000 22,874 23,241 (2%) Total Non-current assets Rs' 000 8,417,474
Slide 28: Financial Information – Current Assets
Financial Information – Current Assets For the period ended (Unaudited) Dec 31, 2025 Sep 30, 2025 % Stores and spare parts Rs' 000 528,038 424,519 24% Stock-in-trade Rs' 000 3,723,184 2,057,067 81% Trade debts Rs' 000 489,822 753,387 (35%) Loans and advances Rs' 000 1,465,252 1,274,506 15% Trade dep
Slide 29: Financial Information – Equity & Liabilities
Financial Information – Equity & Liabilities For the Quarter ended December 31, 2025 (Unaudited) 2025 2025 % Shareholder's equity Rs' 000 16,730,845 17,443,423 (4%) Non-current liabilities Rs' 000 606,000 593,800 2% Current liabilities: Trade and other payables Rs' 000 3,484,058 2,885,963 21% Contra
Slide 30: Ratios
Ratios For the Quarter ended December 31, (Unaudited) 2025 2024 Gross profit ratio 20% 13% Net profit ratio 12% 7% Return on equity* 11% 12% *Including income realized and Reflected in equity Current ratio 2.03 2.66 Quick ratio 1.54 2.2 Cash and equivalents to current liabilities 1.31 1.82 30
Slide 31: Operating and Financial Review
Operating and Financial Review MACROECONOMIC ENVIROMENT During the first quarter of FY 2026, Pakistan’s economy continued to show signs of stabilization, supported by fiscal consolidation measures and external sector reforms under the ongoing program with the International Monetary Fund (IMF). In De
Slide 32: Industry Overview
Industry Overview OVERALL SUGAR PRODUCTION AND MARKET OUTLOOK At this stage, it remains difficult to determine final output with precision, however, initial indicators suggest that Pakistan’s sugar production may increase by approximately 15% to 20% year-on-year. National sugar production for the cu
Slide 33: Company’s Production and Outlook: Sugar Division
Company’s Production and Outlook SUGAR DIVISION The 2025–26 sugarcane crushing season commenced on November 30, 2025. Up to February 15, 2026, the Company crushed 734,066 metric tons of sugarcane, achieving an average sucrose recovery of 10.70% and producing 78,595 metric tons of sugar. Based on the
Slide 34: Company’s Production and Outlook: Distillery Division
Company’s Production and Outlook DISTILLERY DIVISION – ETHANOL UNIT International ethanol prices have remained under pressure during the period under review. In contrast, molasses prices — the primary raw material for ethanol production — have remained firm and have not declined in line with ethanol
Slide 35: Company’s Production and Outlook: Textile and Investments
Company’s Production and Outlook TEXTILE DIVISION During FY 2025–26, management is actively exploring new export markets with the objective of increasing sales volumes and improving margins. Efforts are focused on market diversification and customer base expansion to enhance competitiveness and sust
Slide 36: Company’s Production and Outlook: General
Company’s Production and Outlook GENERAL The Company will continue to emphasize operational efficiency, prudent financial management, and disciplined cost control to mitigate risks and capitalize on emerging opportunities. Management remains committed to safeguarding shareholder value and maintainin
Slide 37: Questions & Answers
Habib Sugar Mills Limited Questions & Answers 37
Slide 38: Thank You
Habib Sugar Mills Limited Thank You 38