Transmission of Half Year Report for the Period Ended 31 March 2026

HALF YEARLY REPORT 2026

(Ended March 2026)

Table of Contents

Company Information 01

Report of Board of Directors 03

Report of Board of Directors Urdu 06

Independent Auditor's Review Report 07

Condensed Interim Statement of Financial Position 09

Condensed Interim Statement of Profit or Loss and

other Comprehensive Income 10

Condensed Interim Statement of Cash Flows 11

Condensed Interim Statement of Changes in Equity 12

Notes to the Condensed Interim Financial Statements 13

Company Information

Company Information

Chairman

Mujtaba Rahim

Board of Directors

Irfan Chawala

Chief Executive Officer

Dr. Lalarukh Ejaz Patrick Verraes

(Alternate: Naveed Kamil)

Shahid Ghaffar

Ada Yang Jing

Yasmin Peermohammad

Audit Committee

Shahid Ghaffar

Chairman

Irfan Lakhani

Secretary

Dr. Lalarukh Ejaz

Patrick Verraes

(Alternate: Naveed Kamil)

Human Resources and Remuneration Committee

Yasmin Peermohammad

Chairperson

Irfan Lakhani

Secretary

Management Committee

Irfan Chawala

Patrick Verraes

(Alternate: Naveed Kamil)

Irfan Chawala Muhammad Altaf Naveed Kamil

Qazi Naeemuddin Altaf Jamal Khan Hadi Raza lakhani

Chief Financial Officer

Altaf Jamal Khan

Company Secretary

Irfan Lakhani

1 Archroma Pakistan Limited

HALF YEARLY REPORT

Bankers

Auditors

KPMG Taseer Hadi & Co. Chartered Accountants

Legal Advisor

Ali Almani & Partners

Share Registrar

FAMCO Share Registration Services (Pvt) Limited 8-F, Near to Hotel Faran, Nursery Block-6, P.E.C.H.S., Shahra-e-Faisal, Karachi

Registered Office

1. A/1, Sector 20, Korangi Industrial Area, Korangi, Karachi

   Factories

   Petaro Road, Jamshoro,

   LX-10, LX-11 Landhi Industrial Area, Karachi

   Sales & Marketing Offices

   Katar Bund Road, Off. Multan Road, Thokar Niaz Baig, Lahore P-277, Kashmir Road, Amin Town, Faisalabad

   Website

   https://www.archroma.com.pk

   E-mail

   archroma.pakistan@archroma.com

   Archroma Pakistan Limited 2

   
   
   

   Directors' Report

   Directors' Review

   The Directors of your Company are pleased to present the financial report for the half-year ended 31 March 2026, together with the condensed interim financial information of the Company for the period ended 31 March 2026, as reviewed by the external auditors.

   Composition of Board

   The composition of the Board is as follows:

   1. Male 4

   2. Female 3

Out of the above:

1. Executive Director: 1

2. Non-Executive Directors 3

3. Independent Directors 3

Business Overview

Textiles' and Construction Industry demand & consumer sales showed positive development during the first half of the current Financial Year under review. However, the recent Middle east conflict starting at the end of February has not only severely inflated the energy, fuel & freight costs but has also disrupted supply chain and availability of various Raw Materials for the Specialty Chemicals Industry, which has further amplified the already complex Trade and Supply Chain situation on the back of US Tariffs imposed, since last year.

In the light of this evolving business challenges & environment and increasing Raw Materials' unavailability & inflationary costs, your Company maintained its focus on its customers for meeting their expectations and provided them with cost-effective production systems & solutions to not only sustain their existing business but also provided support to gain new business with growing opportunities. Archroma, managed to achieve net sales of PKR 15,024 million during the half year ended 31 March 2026 versus PKR 14,638 million in comparison to the same period last year. Positive contributions coming from improved product mix & plant capacity utilization and various cost savings initiatives, supported to achieve Gross Margins of PKR 3,855 million versus 3,368 million for the Company in comparison to the same period last year.

Moreover, considerably stable foreign exchange rates and reduced borrowing costs further contributed to improving the bottom-line profitability of your Company to PKR 778 million versus PKR 634 million in comparison to the same period last year.

Future Outlook

The Global energy and downstream Raw Materials' availability & prices are foreseen to remain challenging due to the evolving Middle East situation and continued Russia-Ukraine conflict. Consequently, balance of trade and forex reserves' situation in Pakistan is anticipated to remain under pressure and may continue to create new challenges for the businesses in the coming months with respect to energy, freights, imports & Raw Materials' availability. However, the long-term financing arrangements with the World bank, debt rescheduling & equity conversion & debt programs currently under discussions with certain lending agencies and Regional countries along with on-going stricter implementation of corrective fiscal measures' is expected to positively contribute towards improvement in the overall macro-economic situation for Pakistan, which in turn is also anticipated to support business development for Textiles and Construction Industries of the Country.

3 Archroma Pakistan Limited

HALF YEARLY REPORT

Management of your Company remains confident that with the stringent measures in place to maintain Operational flexibility and smart working capital management to support growing projects' pipeline shall further increase its market share and penetration through portfolio expansion and business development for the Company in the remaining part of the current financial year.

On behalf of the Board

Irfan Chawala Naveed Kamil

Chief Executive Officer Director

Karachi: 29th April 2026

Archroma Pakistan Limited 4

Directors' Report

5 Archroma Pakistan Limited

HALF YEARLY REPORT

Archroma Pakistan Limited 6

KPMG Taseer Hadi & Co. Chartered Accountants

Sheikh Sultan Trust Building No. 2, Beaumont Road Karachi 75530 Pakistan

+92 (21) 37131900, Fax +92 (21) 35685095

INDEPENDENT AUDITOR'S REVIEW REPORT

To the members of Archroma Pakistan Limited Report on review of Interim Financial Statements Introduction

We have reviewed the accompanying condensed interim statement of financial position of Archroma Pakistan Limited ("the Company") as at 31 March 2026 and the related condensed interim satement of profit or loss and other comprehensive income, condensed interim statement of changes in equity and condensed interim statement of cash flows, and notes to the condensed interim financial statements for the six months period then ended (here-in-after referred to as the 'Interim financial statements'§. Management is responsible for the preparation and presentation of these interim financial statements in accordance with accounting and reporting standards as applicable in Pakistan for interim financial reporting. Our responsibility is to express a confusion on these interim financial statements basad on our review.

Scope of Review

We conducted our review in accordance w'ith International Standard on Review Engagements 2410, "Review of Interim Financial Information Performed by the Independent Auditor of the Entity". A review of inteñm financial statements consists of making inquiries, primarily of persons responsible for financial and accounting matters, and applying analytical and other review procedures. A review is substantially less in scope than an audit oonducted in accordance with International Standards on Aud'1ing and consequently does not enable us to obtain assurance that we would become aware of all significant matters that might be identified in an audit Accordingly, we do not express an audit opinion.

Conclusion

Based on our review, nothing has come to our attention that causes us to believe that the accompanying interim financial statements is not prepared, in all material respects, in accordance with the accounting and repoñing standards as applicable in Pakistan for interim financial reporting.

Other matter

Pursuant to the requirement of Section 237(1) (b) of Companies AQ 2017, only cumulative figures for the half year, presented in the second quarter accounts are subject to a lim'1ed scope review by statutory auditors of the Company. Accordingly, the figures of the condensed interim statement of profi or loss and other comprehensive income for the three months ended 31 March 2026 and 31 March 2025 have not been reviewed by us.

KPMG

KPMG Taseer Hadi & Co.

The engagement partner on the review resulting in this independent auditor's review report is Moneeza Usman Butt.

Date: 30 April 2026 Karachi

UDIN: RR202610102eML2iY0oA

KPMG Taseer Hadi & Co. Chartered Accountants

‌Statement

Condensed Interim Statement of Financial Position

As at 31 March 2026

31 March

2026

30 September

2025

(Un-audited) (Audited)

ASSETS Note ----------- (Rupees in '000) -----------

TOTAL EQUITY AND LIABILITIES 18,515,049 15,727,740

The annexed notes 1 to 27 form an integral part of these condensed interim financial statements.

Irfan Chawala

Chief Executive Officer

Naveed Kamil

Director

Altaf Jamal Khan

Chief Financial Officer

Condensed Interim Statement of Profit or Loss and Other Comprehensive Income (Unaudited)

For the six months and three months period ended 31 March 2026

Note

Six months period ended Three months period ended 31 March 31 March 31 March 31 March

2026 2025 2026 2025

----------------------------------- (Rupees in '000) ------------------------------------

Sales 17,623,845 17,148,977 8,402,625 8,629,956

Trade discounts and rebates Sales tax

(2,599,128) (2,510,665) (1,220,762) (1,208,827)

Sales - net 16 15,024,717 14,638,312 7,181,863 7,421,129

Cost of sales (11,170,132) (11,270,535) (5,355,909) (5,693,942)

Gross profit 3,854,585 3,367,777 1,825,954 1,727,187

Distribution and marketing expenses Administrative expenses

Impairment (loss) / reversal on trade receivables Other operating expenses

(2,437,598) (2,375,087) (1,203,282) (1,219,627)

Operating profit 1,416,987 992,690 622,672 507,560

Other income 79,803 125,663 37,647 83,005

1,496,790 1,118,353 660,319 590,565

Finance costs 17 (184,168) (238,075) (79,706) (123,887)

Profit before minimum, final and income taxes 1,312,622 880,278 580,613 466,678

Minimum and final taxes charge (59,891) (46,542) (57,261) (46,542)

Profit before income tax 1,252,731 833,736 523,352 420,136

Income tax charge (474,911) (199,537) (187,476) (141,991)

Profit for the period 777,820 634,199 335,876 278,145 Other comprehensive income - - - -Total comprehensive income for the period 777,820 634,199 335,876 278,145

------------------------------------ (Rupees in '000) ---------------------------------

Earnings per share 18 22.50 18.35 9.72 8.05 The annexed notes 1 to 27 form an integral part of these condensed interim financial statements.

Irfan Chawala

Chief Executive Officer

Naveed Kamil

Director

Altaf Jamal Khan

Chief Financial Officer

Statement

The annexed notes 1 to 27 form an integral part of these condensed interim financial statements.

Irfan Chawala

Chief Executive Officer

Naveed Kamil

Director

Altaf Jamal Khan

Chief Financial Officer

Condensed Interim Statement of Changes in Equity (Un-audited)

For the six months period ended 31 March 2026

Issued,

Capital Reserve Revenue Reserve

subscribed and paid-up capitail

Amalgamation reserve

General Reserve

Unappropriated Total equity

profit

----------------------------------------- (Rupees in '000) ----------------------------------------

Balance as at 30 September 2024 (Audited) 345,633 93,545 2,747,000 591,389 3,777,567

Total comprehensive income for the period ended 31 March 2025

Profit for the period

Other comprehensive income

- - - 634,199 634,199

Balance as at 31 March 2025 (Un-audited) 345,633 93,545 2,747,000 1,225,588 4,411,766

Balance as at 30 September 2025 (Audited) 345,633 93,545 2,747,000 1,223,800 4,409,978

Transactions with owners

Final cash dividend at 100% (i.e. Rs. 10/- per share)

for the year ended 30 September 2025 - - - (345,633) (345,633)

Total comprehensive income for the

period ended 31 March 2026 - - - - -

Profit for the period

Other comprehensive income

- - - 777,820 777,820

Balance as at 31 March 2026 (Un-audited) 345,633 93,545 2,747,000 1,655,987 4,842,165

The annexed notes 1 to 27 form an integral part of these condensed interim financial statements.

Irfan Chawala

Chief Executive Officer

Naveed Kamil

Director

Altaf Jamal Khan

Chief Financial Officer

1. THE COMPANY AND ITS OPERATIONS

   Archroma Pakistan Limited ("the Company") is a limited liability company, incorporated and domiciled in Pakistan. The address of its registered office is 1-A/1, Sector 20, Korangi Industrial Area, Korangi, Karachi, Pakistan. The Company is listed on the Pakistan Stock Exchange. The Company is a subsidiary of Archroma Textiles GmbH, registered and head quartered in Pratteln, Switzerland which holds 75% of the share capital of the Company.

   The Company is primarily engaged in the manufacture and sale of chemicals, dyestuffs and coating, adhesive and sealants. It also acts as an indenting agent.

   The manufacturing facilities and sales offices of the Company are situated at the following locations:

   Manufacturing Facilities

   • Petaro Road, Jamshoro.

   • LX-10 & LX-11 Landhi Industrial Area Karachi.

     Sales offices

   • Katar Bund Road, Off. Multan Road, Thokar Niaz Baig, Lahore.

   • P-277, Kashmir Road, Amin Town, Faisalabad.

2. BASIS OF PREPARATION

   1. Statement of compliance

      These condensed interim financial statements of the Company for the six months period ended 31 March 2026 have been prepared in accordance with the accounting and reporting standards as applicable in Pakistan for interim financial reporting. The accounting and reporting standards as applicable in Pakistan for interim financial reporting comprise of:

      • International Accounting Standards IAS 34 - 'Interim Financial Reporting', issued by the International Accounting Standards Board (IASB), as notified under the Companies Act, 2017;

      • Islamic Financial Accounting Standards (IFAS) issued by the Institute of Chartered Accountants of Pakistan as notified under the Companies Act, 2017; and

      • Provisions of, directives and notifications issued under the Companies Act, 2017

        Where the provisions of, directives and notifications issued under the Companies Act, 2017 differ with the requirements of IAS 34 and IFAS, the provisions of, directives and notifications issued underthe Companies Act, 2017 have been followed.

        The disclosures made in these condensed interim financial statements have, however, been limited based on the requirements of IAS 34. These condensed interim financial statements do not include all the information and disclosures required in a full set of financial statements and should be read in conjunction with the annual audited financial statements of the Company for the year ended 30 September 2025.

   2. These condensed interim financial statements are un-audited and are submitted to the shareholders as required by section 237 of the Companies Act, 2017.

   3. The comparative condensed interim statement of financial position presented has been extracted from annual audited financial statements for the year ended 30 September 2025, whereas comparative condensed interim statement of profit or loss and other comprehensive income, condensed interim statement of cash flows and condensed interim statement of changes in equity are extracted from the un-audited condensed interim financial statements for the half year ended 31 March 2025.

   4. Basis of measurement

      These condensed interim financial statements have been prepared under the historical cost convention except as stated otherwise and should be read in conjunction with the annual audited financial statements of the Company for the year ended 30 September 2025.

   5. Functional and presentation currency

      These condensed interim financial statements are presented in Pakistani Rupees which is also thenearest thousand of rupees,unless otherwise stated.

3. MATERIAL ACCOUNTING POLICIES

   The material accounting policies and the methods of computation adopted in the preparation of these condensed interim financial statements are same as those applied in the preparation of the audited financial statements for the year ended 30 September 2025.

   1. Change in accounting standards, interpretations and amendments to published approved accounting and reporting standards

      1. Standards, interpretations of and amendments to the accounting and reporting standardsthat are effective in the current period:

         A number of new accounting standards and amendments to accounting policies are effective for annual periods beginning after 1 October 2025 and earlier application is permitted. The Company has not early adopted any of the forthcoming new or amended accounting standards in preparing these condensed interim financial statements.

      2. Standards, Interpretations and Amendments to published approved accounting standards that are not yet effective

      The following International Financial Reporting Standards (IFRS) as notified under the Companies Act, 2017 and the amendments and interpretations thereto will be effective for accounting periods beginning on or after 1 January 2026.

      Standards, interpretations or amendments Effective date (period beginning on or after)

      • Sale or Contribution of Assets between an Investor and its

        Associate or Joint Venture (Amendments to IFRS 10 and IAS 28) Not yet finalised

      • Amendments to the Classification and Measurement of 1 January 2026 Financial Instruments

        Standards, interpretations or amendments Effective date (period beginning on or after)

        1 January 2026

      • Annual Improvements to IFRS Accounting Standards

        1. IFRS 1 First-time Adoption of International Financial Reporting Standards;

        2. IFRS 7 Financial Instruments: Disclosures and it's accompanying Guidance on implementing IFRS 7;

        3. IFRS 9 Financial Instruments;

        4. IFRS 10 Consolidated Financial Statements; and

        5. IAS 7 Statement of Cash flows. The amendments to IFRS 9 address:

      • Conflict between IFRS 9 and IFRS 15 Revenue from Contracts with Customers over the initial measurement of trade receivables; and

      • How a lessee accounts for the derecognition of a lease liability under paragraph 23 of IFRS 9.

      The above standards, interpretations and amendments are not likely to have a significant impact on the Company's condensed interim financial statements.

4. KEY JUDGEMENTS AND ESTIMATES

In preparing these condensed interim financial statements, management has made judgements andestimates that affect the application of accounting policies and the reported amounts of assets andliabilities, income and expense. Actual results may differ from these estimates. Estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods.

The significant judgements made by management in applying the Company's accounting policies and the key sources of estimation uncertainty were the same as those described in the annual audited financial statements for the year ended 30 September 2025.

The Company's financial risk management objectives and policies are consistent with those disclosed in the annual audited financial statement for the year ended 30 September 2025.

31 March 30 September

2026 2025

(Un-audited) (Audited)

1. PROPERTY, PLANT AND EQUIPMENT Note ------------- (Rupees in '000) -------------

   Operating property, plant and equipment 5.1 2,418,632 2,455,034

   Capital work-in-progress 5.3 88,852 69,069

   2,507,484 2,524,103

   1. The following operating property, plant and equipment have been acquired / transferred from capital work-in-progress during the six months period ended 31 March 2026:

      Building on leasehold land

      Plant and machinery

      Furniture, fixtures and equipment

      Vehicles

      Total 31 March 2026

      Total 31 March 2025

      Owned Owned Owned ROUA

      ------------------------------------------------- (Rupees in '000) -----------------------------------------------------

      Additions for the first quarter	10,104	-	28,166	25,625	63,895	90,325
      Additions for the second quarter	6,162	27,291	17,195	15,069	65,717	170,058
      Total	16,266 27,291		45,361 40,694 129,612 260,383

      1. Additions to owned furniture, fixtures and equipments include direct additions of Rs. 19.498 million and transfers from capital work in progress of Rs. 25.862 million respectively.

      2. Property, plant and equipment disposed off during the six months period ended 31 March 2026 are as follows:

         Plant and machinery

         Vehicles

         Total March 2026

         Total March 2025

         Owned ROUA

         ------------------------------ (Rupees in '000) ------------------------------

         Cost - 19,178 19,178 51,772

         Accumulated depreciation - (7,751) (7,751) (44,433)

         Net book value - 11,427 11,427 7,339

   2. Additions to capital work in progress during the six months period ended 31 March 2026 amounted to Rs. 88.484 million and transfers to operating fixed assets amounted to Rs. 68.701 million.

31 March 30 September

2026 2025

(Un-audited) (Audited)

6 EMPOLYEE BENEFITS ------------- (Rupees in '000) -------------

Net defined benefit - assets

Employee retirement benefits - Gratuity 1,108 27,977

Net defined benefit - liabilty

2026 2025 2026 2025

Number of Shares (Un-audited) (Audited)

(Rupees in '000)

scheme of arrangement/merger

63,000,000 63,000,000 630,000 630,000

31 March 30 September

2026 2025

(Un-audited) (Audited)

1. LEASE LIABILITIES ------------- (Rupees in '000) -------------

   1. Lease liabilities included in the statement of financial position as at 31 March 2026

      Current		47,612	49,267
      Non-Current		152,533 200,145	151,599 200,866
      11.2	Maturity Analysis
      	Payable within one year	47,612		49,267
      	Payable after one year but not later than 5 years	102,337		101,134
      	Payable after 5 years	208,032		213,535
      	Total undiscounted lease liability	357,981		363,936
      	Future finance charges	(157,836)		(163,070)
      	Net lease liabilities	200,145		200,866

      11.3 This includes present value of lease liabilities discounted at the incremental borrowing rate of 3 months KIBOR +0.21% of the Company against lease agreement of head office and area office premises, respectively.

      31 March 30 September

      2026 2025

      (Un-audited) (Audited)

2. LIABILITIES AGAINST DIMINISHING MUSHARIKA FINANCING ------------- (Rupees in '000) -------------

   Current		97,169		95,287
   Non-Current		209,478		243,698
   		306,647		338,985
   12.1	Maturity Analysis
   	Payable within one year	97,169		95,287
   	Payable after one year but not later than 5 years	209,478		243,698
   	Net Liabilities against Diminishing Musharka	306,647		338,985

   12.2 The Company has obtained various vehicles under diminishing musharaka financing arrangement entered into with a Modaraba having various maturity dates up to 20 Feb 2031 with monthly principal repayments. The financing is secured against the respective vehicles. The rate of profit on the borrowing ranges from 3 months KIBOR + 0.50% per annum to 3 months KIBOR + 0.9% per annum.

   31 March 30 September

   2026 2025

   (Un-audited) (Audited)

3. MARK-UP ACCRUED Note ------------- (Rupees in '000) -------------

   Mark-up accrued on:

   Short term finance facilities	7,294	3,749
   Refinance Scheme	32,836 40,130	53,098 56,847

4. SHORT-TERM BORROWINGS - SECURED

   Short-term running facilities under Islamic mode 14.1 588,873 355,499

   Refinance scheme 14.2 2,970,440 2,970,440

   3,559,313 3,325,939

   1. Short term Islamic and conventional finance facilities are available from various banks under profit arrangements, amounting to Rs. 11,000 million (Islamic Rs. 8,750 million & Conventional Rs. 2,250 million) (2025: Rs. 11,000 million). These facilities have various maturity dates up to 31 July 2026. These arrangements are secured against a pari passu charge of hypothecation on stock-in-trade and trade receivables with minimum 16.7% margin. These facilities other than Islamic Export Refinance Facility, carry profit ranging from 1 month KIBOR +0.1% to 3 month KIBOR +0.35%. The aggregate amount of these facilities. which has not been availed as at reporting date was Rs 7,456 million (2025: Rs. 7,674 million).

   2. The Company has availed Islamic and conventional Export Refinance Facility under Part II amounting to Rs. 2,970 million (2025: Rs 2,970 million under the Export Financing Scheme of the State Bank of Pakistan (SBP). These arrangements are secured against a pari passu charge of hypothecation on stock-in-trade and trade receivables. The profit rates on these facilities range from 4.50% to 7.50% per annum (2025: 7.20% to 8.00% per annum).

5. CONTINGENCIES AND COMMITMENTS

   1. Contingencies

      1. Contingencies are the same as those disclosed in annual audited financial statements for the year ended 30 September 2025.

   2. Commitments

      1. Banks have provided guarantees to various parties on behalf of the Company. Guarantees outstanding as at 31 March 2026 amount to Rs. 1,271.53 million (30 September 2025: Rs. 1,149.42 million).This includes guarantee amounting to Rs. 952 million (30 September 2025: Rs. 833.62 million) provided to Excise and Taxation department in respect of infrastructure cess.

      2. The Company has provided post dated cheques amounting to Rs. 6,371.38 million (30 September 2025: Rs. 6,371.38 million) in favour of the collector of customs and wihich are, in the normal course of business, to be returned to the Company after fulfilment of certain conditions.

      3. Commitments for capital expenditure as at 31 March 2026 aggregated to Rs. 110.403 million (30 September 2025: Rs. 30.76 million).

      4. Commitments under letters of credit for stock-in-trade and stores and spares as at 31 March 2026 amount to Rs. 510 million (30 September 2025: Rs. 1,236.61 million).

   3. Tax Contingencies

      Tax contingencies are the same as those disclosed in the audited annual financial statements 30 September 2025, except for the following:

      Description of tax proceedings

      Name of the court, agency or

      parties

      Description of the factual basis of the proceedings and relief sought Principal

      Date instituted

      authority

      The Company's income tax return for Tax Year 2020 was selected for audit under Section 214D (now Section 214C) of the Income Tax Ordinance, 2001. Following completion of audit proceedings, the Assistant Commissioner Inland Revenue (ACIR) passed an amended assessment order under Section 122(5A), raising a demand of Rs. 218 million due to various additions and disallowances. The Company filed an appeal before the Commissioner Inland Revenue (Appeals) [CIR(A)], who granted partial relief by deleting certain disallowances while upholding others. The Company then preferred an appeal before the Appellate

      Tribunal Inland Revenue (ATIR) against the issues decided adversely by the CIR(A), which Appellate is currently pending adjudication. Subsequently, the ACIR passed the appeal effect order, Tribunal Inland wherein most of the issues were deleted while a few additions were confirmed, and the Revenue (ATIR) matter relating to allocation of expenses was remanded back; however, the ACIR repeated the earlier addition. Moreover, the ACIR did not comply with the CIR(A)'s directions regarding

      the federal levy of Workers Welfare Fund (WWF) and erroneously added the same to the total tax liability, which constitutes a mistake apparent from the record. Following the filing of a rectification application by the Company, a revised tax demand of Rs. 202 million was determined pursuant to the appeal effect order. The Company challenged the same before the Appellate Tribunal Inland Revenue, which subsequently reduced the demand to Rs. 80 million. A further appeal has been filed by the Company before the Appellate Tribunal Inland Revenue, which is currently pending adjudication.

      The Assistant Commissioner Inland Revenue (ACIR) and the Company

      29 December

      2022

6. SALES - NET

   Textile Effect (TE) Packaging Technologies (PT) Total

   31 March

   2026

   31 March

   2025

   31 March

   2026

   31 March

   2025

   31 March

   2026

   31 March

   2025

   ------------------------------------------ (Rupees in '000) ------------------------------------------

   Sales - gross Domestic Export

   Discount and commission Sales tax

   12,472,439	11,601,767	1,787,579	1,912,339	14,260,018	13,514,106
   3,363,827	3,634,871	-	-	3,363,827	3,634,871

   15,836,266 15,236,638 1,787,579 1,912,339 17,623,845 17,148,977

   (469,658)	(494,348)	(9,300)	(12,800)	(478,958)	(507,148)
   (1,843,839)	(1,707,262)	(276,331)	(296,255)	(2,120,170)	(2,003,517)

   (2,313,497) (2,201,610) (285,631) (309,055) (2,599,128) (2,510,665)

   Sales - net 13,522,769 13,035,028 1,501,948 1,603,284 15,024,717 14,638,312

   1. All revenue earned by the Company is Shariah compliant.

7. FINANCE COSTS

   This includes mark-up on shariah compliant financing arrangements of long term diminishing musharaka of Rs. 19.329 million (2025: Rs. 35.093 million).

8. EARNINGS PER SHARE

   Six months period ended Three months period ended

   31 March 31 March 31 March 31 March 2026 2025 2026 2025

   ---------------------------- (Rupees in '000) ----------------------------

   1. Basic

      Profit for the period attributable to ordinary shareholders 777,820 634,199 335,876 278,145

      ------------------------------ (Number of shares) -------------------

      Weighted average number of ordinary shares

      outstanding during the period 34,563,341 34,563,341 34,563,341 34,563,341

      ------------------------------ (Rupees in '000) ------------------------

      Earnings per share 22.50 18.35 9.72 8.05

   2. Diluted

      There were no convertible dilutive potential ordinary shares in issue as at 31 March 2026 and 31 March 2025.

9. SEGMENT INFORMATION

   1. Segment information for the six months period ended 31 March 2026:

      Textile Effect (TE) Packaging Technologies (PT) Total

      31 March

      2026

      31 March

      2025

      31 March

      2026

      31 March

      2025

      31 March

      2026

      31 March

      2025

      ------------------------------------------ (Rupees in '000) ------------------------------------------

      Revenue from contract

      with customers - net 13,522,769 13,035,028 1,501,948 1,603,284 15,024,717 14,638,312

      Segment results based on

      'management approach' 1,374,437 1,025,091 221,255 157,471 1,595,692 1,182,562

      Other expenses - WPPF and WWF (102,000) (70,000)

      Assets charged to profit and loss for internal reporting purposes based on group guidelines 3,098 5,791

      1,496,790 1,118,353

      Finance costs (184,168) (238,075)

      Profit before levies and income tax expense 1,312,622 880,278

      124,514

      Capital 107,877 122,887 365 1,627 108,242

      Unallocated 460 2,804

      108,702 127,318

      Depreciation 151,775 160,892 1,913 4,222 153,688 165,114

      Unallocated 900 5,233

      154,588 170,347

      Textile Effect (TE) Packaging Technologies (PT) Total Un-audited Audited Un-audited Audited Un-audited Audited

      31 March

      2026

      30 September

      2025

      31 March

      2026

      30 September

      2025

      31 March

      2026

      30 September

      2025

      ------------------------------------------ (Rupees in '000) ------------------------------------------

      Segment Assets 14,116,849 10,951,029 1,713,084 1,613,087 15,829,933 12,564,116

      Unallocated 2,685,116 3,163,624

      Total Assets 18,515,049 15,727,740

      Segment Liabilities 6,573,000 4,852,096 668,339 520,235 7,241,339 5,372,331

      Unallocated 6,431,545 5,945,430

      Total Liabilities 13,672,884 11,317,761

   2. Segments information for the three months period ended 31 March 2026:

Textile Effect (TE) Packaging Technologies (PT) Total

31 March

2026

31 March

2025

31 March

2026

31 March

2025

31 March

2026

31 March

2025

Sales - gross Domestic Export

Discount & commission Sales tax

Revenue from contract

------------------------------------------ (Rupees in '000) ------------------------------------------

7,545,692 7,702,358 856,933 927,598 8,402,625 8,629,956

(1,083,997) (1,059,317) (136,765) (149,510) (1,220,762) (1,208,827)

with customers - net 6,461,695 6,643,041 720,168 778,088 7,181,863 7,421,129

Segment results based on

'management approach' 584,984 539,815 121,657 76,128 706,641 615,943

Other expenses - WPPF and WWF (46,500) (35,000)

Assets charged to profit and loss for internal reporting purposes based on group guidelines 178 9,622

660,319 590,565

Finance costs (79,706) (123,887)

Profit before levies and income tax expense 580,613 466,678

Fixed Capital Expenditure 55,198 84,568 365 1,104 55,563 85,672

Unallocated - 1,972

55,563 87,644

Depreciation 77,006 75,727 395 2,277 77,401 78,004

Unallocated 462 4,767

77,863 82,771

Six months period ended 31 March 30 March

2026 2025

(Un-audited)

------------- (Rupees in '000) -------------

Cash and cash equivalents included in the condensed interim statement of cash flows comprise of the following:

31 March 31 March

2026 2025

(Un-audited)

------------- (Rupees in '000) -------------

Cash and bank balances 203,277 468,776

Short-term running finance (588,873) (210,959)

(385,596) 257,817

1. FAIR VALUE OF FINANCIAL INSTRUMENTS / FINANCIAL RISK MANAGEMENT

   The Company's activities are exposed to a variety of financial risk namely credit risk, foreign exchange risk, interest rate risk and liquidity risk The Company is not exposed to any price risk as it does not hold any investment exposed to price risk. The Company has established adequate procedures to manage these risks.

   These condensed interim financial statements does not include the financial risk management information and disclosures required in the annual financial statements; they should be read in conjunction with Company's annual audited financial statements for the year ended 30 September 2025. There have been no changes in the risk management policies since the year end.

   Fair Value Hierarchy

   When measuring the fair value of an asset or a liability, the Company uses observable market data as far as possible. Fair values are categorised into different levels in a fair value hierarchy based on the inputs used in the valuation techniques as follows:

   Level 1: Fair value measurements using quoted (un-adjusted) in active markets for identical asset or liability.

   Level 2: Fair value measurements using inputs other than quoted prices included within Level 1 that are observable for the asset or liability, either directly (i.e. as prices) or indirectly (i.e. derived from prices).

   Level 3: Fair value measurements using inputs for the asset or liability that are not based on observable market data (i.e.

   unobservable inputs).

   1. Accounting classification and fair values

      The following table shows the carrying amounts and fair values of financial assets and financial liabilities, including their levels in the fair value hierarchy for financial instruments measured at fair value. It does not include fair value information for financial assets and financial liabilities not measured at fair value if the carrying amount is a reasonable approximation of fair value:

      31 March 2026 (Un-audited)

      Carrying amount Fair value Amortised Other Level 1 Level 3

      cost financial liabilities

      --------------------- (Rupees in '000) -----------------------

      Financial assets not measured at fair value
      Advances	10,653	-	-	-
      Trade receivables - net	8,546,063	-	-	-
      Other receivables	100,380	-	-	-
      Cash and bank balances	203,277	- - -
      	8,860,373	- - -
      Financial liabilities - not measured at fair value
      Liabilities against diminishing musharika finance	-	306,647	-		-
      Lease liabilities at amortized cost	200,145	-	-		-
      Trade and other payables	-	9,045,673	-		-
      Short-term borrowings	-	3,559,313	-		-
      Mark-up accrued	-	40,130	-		-
      Unclaimed dividend	-	85,794	-		-
      Unpaid dividend	- 26,209		- -
      	200,145 13,063,766		- -

      30 September 2025 (Audited)

      Carrying amount Fair value

      	Amortised cost	Other Level 1 Level 3 financial liabilities (Rupees in '000)
      Financial assets not measured at fair value Advances	14,086	-	-	-
      Trade receivables - net	5,700,521	-	-	-
      Other receivables	101,045	-	-	-
      Cash and bank balances 985,207 - - 6,800,859 - -				- -
      Financial liabilities - not measured at fair value Liabilities against diminishing	-	338,985	-	-
      musharaka finance	200,866	-	-	-
      Lease liabilities at amortized cost	-	6,999,400	-	-
      Trade and other payables	-	3,325,939	-	-
      Short-term borrowings	-	56,847	-	-
      Mark-up accrued	-	85,794	-	-

      Unclaimed dividend - 18,579 - -

      Unpaid dividend 200,866 10,825,544 - -

      1. The Company has not disclosed fair values for these financial assets and financial liabilities because their carrying amounts

         are reasonable approximation of fair value.

2. TRANSACTIONS WITH RELATED PARTIES

   The related parties comprises of group companies, directors and their close family members, key management personnel and staff retirement funds. The Company enters into transactions with related parties for the sale of its products, purchase of goods,indenting business and rendering of certain services. Consideration for purchases and sales of goods and for services is determined with mutual agreement considering the nature and level of such goods and services.

   Key management personnel are those persons having authority and responsibility for planning, directing and controlling the activities of the Company. The Company considers all members of their management team, including the CEO and Directors to be key management personnel. There are no transactions with key management personnel other than those under their terms of employment.

   Details of transactions with related parties are as follows:

   Relationship

   Name of related party Nature of

   Nature of Transation

   Unaudited 31 March

   2026 2025

   ------ (Rupees in '000) -------

   Archroma Management Gmbh,	Associated company	Purchases & Services	249,645 222,037
   Switzerland		Royalty expenses	740,424 717,563
   		Indenting commission	21,176 22,327
   Archroma Turkey Kimya SAN.ve	Associated company	Purchases	4,306 1,592
   TIC Ltd.STI		Sales	1,596,845 2,050,876
   Archroma Specialty Kimya Sanayi ve Tic.A Sirk	Associated company	Purchases	9,433 -
   Archroma Singapore,Pte Ltd	Associated company	Purchases	247,420 193,651
   		Sales	97,804 17,729
   		Indenting commission	57,792 80,952
   Archroma Thailand Co.Ltd.	Associated company	Purchases	- 320
   		Sales	236,343 181,872
   		Indenting commission	526 1,310
   Archroma Textile Effects (Thailand)	Associated company	Purchases	125,566 -
   		Sales	2,209 2,275
   PT Archroma Indonesia	Associated company	Purchases	5,370 18,469
   		Sales	11,376 9,359
   		Indenting commission	178 465
   PT Archroma Spcialties Indonesia	Associated company	Sales	12,802 1,881
   Archroma Chemical China Limited	Associated company	Sales	50,639	71,861
   Archroma US Inc.	Associated company	Purchases	- 4,241	2,329
   Archroma Iberica, S.L.	Associated company	Sales	49,506	84,196
   Archroma Japan KK	Associated company	Sales	37,685 37,876
   Swiss Business Council	Common directorship	Subscription	140 110
   Jubilee life Insurance Company	Common directorship	Insurance	38,672 64,582
   Board of Directors (executive and personnel non-executive) and key Key management personnel	Directors and key management Related parties	Salaries, benefits and compensations Salaries, benefits and compensations	117,758 137,064

   Statement

   Notes to the Condensed Interim Financial Statements (Un-audited)

   For the six months period ended 31 March 2026

   Post employment benefits 11,670 17,351

   Relationship

   Name of related party Nature of

   Nature of Transation

   31 March 30 September

   2026 2025

   (Un-audited) (Audited)

   Archroma Management GmbH,	Associated company	Receivable	------ (Rupees in '000) ------- 21,010 10,176
   Switzerland		Payable	473,755 355,034
   Archroma Turkey Kimya SAN.ve	Associated company	Receivable	650,515 1,069
   TIC Ltd.STI		Payable	3,252 3,321
   Archroma Singapore,Pte Ltd	Associated company	Receivable	74,162	77,878
   		Payable	85,868	118,733
   Archroma Textile Mexico S.De	Associated company	Payable	98,887 100,429
   Archroma (Thailand) Company Ltd	Associated company	Receivable	117,047 119,466
   Archroma Textile Effects (Thailand) Ltd.	Associated company	Payable	102,403 -
   PT Archroma Indonesia	Associated company	Receivable	3,616 6,986
   		Payable	3,803 9,133
   PT Archroma Specialties Indonesia	Associated company	Receivable	6,130 7,213
   Archroma Chemical China Limited	Associated company	Receivable	20,079 14,654

   Archroma Japan KK Associated company Receivable 18,945 4,362

   Archroma U.S Associated company Payable - 3,353 Archroma Egypt for Chemical SAE Associated Company Payable - 1,120

   31 March 30 September

   2026 2025

   (Un-audited)

   ------------- (Rupees in '000) -------------

3. SHARIAH DISCLOSURES UNDER CLAUSE VII OF PART I SCHEDULE IV OF THE COMPANIES ACT, 2017

   Disclosures Required in relations to the Statement of Financial Position-Liability Side:

   i) Financing (long-term, short-term, or lease financing) obtained - Liabilities against diminishing musharaka financing	12	209,478	243,698
   - Current portion of liabilities against diminishing musharaka financing	12	97,169	95,287
   - Short term borrowing as per Islamic mode	14	2,883,313	2,649,939
   - Short term borrowing as per Conventional mode	14	676,000	676,000
   ii) Interest or mark-up accrued on any conventional or Islamic loan - Mark-up accrued on short term borrowing as per Islamic mode	13	33,628	48,089
   - Mark-up accrued on short term borrowing as per Conventional mode	13	6,502	8,758
   Disclosures Required in the Statement of Financial Position -
   	Asset Side:
   iii)	Long-term and short-term Shariah compliant Investments	-	-

   iv) Shariah-compliant bank deposits, bank balances, and TDRs 9 202,743 984,978

   Six months period ended 31 March 31 March

   2026 2025

   (Un-audited)

   Note -------- (Rupees in '000) --------

   Disclosures Required in relation to the Statement of Profit or Loss and Other Comprehensive Income;

   v) Revenue earned from a Shariah-compliant business segment	16	15,024,717	14,638,312
   vi) Break-up of late payments or liquidated damages		-	-
   vii)	Gain or loss or dividend earned on Shariah compliant investments or share of profit
   	from Shariah-compliant associates	-	-
   viii)	Profit earned from Shariah-compliant bank deposits, bank balances, or TDRs	3,853	21,565
   ix)	Exchange gain earned from actual currency	-	-
   x)	Exchange gains earned using conventional derivative financial instruments	-	-
   xi)	Markup paid on Islamic mode of financing	89,812	147,895
   xii)	Shariah compliant other income	79,803	125,663
   24.1	Relationship with Shariah-compliant financial institutions
   24.1.1	Islamic Banks
   	This is disclosed under note 9.2.

   24.1.2 Takaful Operators

   The Company has no relationship with takaful operators.

4. SUBSEQUENT EVENT

   The Board of Directors in its meeting held on 29 April 2026 have declared and approved an interim cash dividend for the period ended of Rs. Nil per share (31 March 2025: Rs. Nil per share) amounting to Rs. Nil million (31 March 2025: Rs. Nil).

5. CORRESPONDING FIGURES

   Corresponding figures have been reclassified in these condensed interim financial statements, wherever necessary, to facilitate the comparison and to conform with changes and presentation in the current period. However, no significant reclassifications were made in the condensed interim financial statements.

   Six months Three months period ended period ended 31 March 31 March

   Description Reclassified 2025 2025

   From To ------------- (Rupees in '000) -------------

   Audit Fees Other operating expenses Administrative expenses 3,300 1,650

6. DATE OF AUTHORISATION

These condensed interim financial statements were authorised for issue on 29 April 2026 by the Board of Directors of the

Company.

Irfan Chawala

Chief Executive Officer

Naveed Kamil

Director

Altaf Jamal Khan

Chief Financial Officer

Way