BAWANYAIR
PRODUCTS LIMITED
November 5, 2025
The General Manager
Pakistan Stock Exchange Limited Stock Exchange Building
Stock Exchange Road Karachi
FINANCIAL RESULTS FOR THE YEAR ENDED JUNE 30, 2025
Dear Sir
We have to inform you that the Board of Directors of our Company in their meeting held at 12:00 p.m. on November 5, 2025 at the office of the Company recommended the following:
Cash Dividend Nil
Bonus Shares Nil
Right Shares Nil
In compliance of Notice No. PSX/N-062 dated January 10, 2025; we enclosed herewith the following:
Financial Result (Statement of Profit or Loss)
Statement of Financial Position
Statement of Cash Flows
Statement of Changes in Equity
The third quarter ended report of the Company for the year ended June 30, 2025 will be transmitted through PUCARS, with the specified time.
Thanking you
Very truly yours
For Bawany Air Products Limited
Company Secretary
2'd Floor, Nadir House, I.I.Chundrigar Road, Karachi-74700. Tel: (92-21) 324 15 47 1 -3
STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED JUNE 30, 2025
ñ/ate
2025
Rupees
2024
Revenue | |||||
Administrative expenses | 23 | (52,941,080) | (22,456,562) | ||
Unrealized gain on revaluation of listed securities | 51,034 | 8,133 | |||
Other income | 24 | 1,474 | 810 | ||
Operating loss | (52,888,572) | (22,447,619) | |||
Finance costs | 2 | (1,159,993) | (7,553) | ||
Loss before income tax and levy | (54,048,565) | (22,455,172) | |||
Levies | 26 | (221) | (122) | ||
Loss before income tax | (54,048,786) | (22,455,294) | |||
Income tax | 27 | - | (168,000) | ||
Loss for the year | (54,048,786) | (22,623,294) | |||
The annexed notesfrom 1 to 3Bform an integral part of these financial statements.
NAIM ANWAR
Chief Executive ofiicer
MUHAMMAD MUNIR
Chief Financial Officer
MUHAMMAD ALI
Director
STATEMENT OF OTHER cOMPREHENSIVE INCOME FOR THE YEAR ENDED JUNE 30, 2025
Note 2025 2024
----------Rupees--------
Loss for the year | (54,048,786) | (22,623,294) |
Other comprehensive income | ||
Items that will not be subsequently reclassified to statement of profit or loss | ||
Total comprehensive loss | (54,048,786) | (22,623,294) |
The annexed notesfrom 1 to 38form on integral part of these financial statements.
NAIM ANWAR
Chief Executive officer
MUHAMMAD MUNIR
Chief Financial Officer
MUHAMMAD ALI
Director
STATEMENT OF FINANCIAL POSITION
AS AT JUNE 30, 2025
ASSETS
3,176,294,400 | 2,184,400 |
824,547 | |
22,500 | |
95,223 | 44,189 |
6,110,103 | 6,110,103 |
2,201,915 | 21,394,906 |
Non-current assets
Note
2025 2024
------------ Rupees ------------
Property and equipment Current assets | 134,158 | 731,795 | |||
Advances and other receivables | |||||
Sales tax refundable | 9 | ||||
Short-term deposits | 10 | ||||
Short term investments | 11 | ||||
Income tax - net | 12 | ||||
Cash and bank balances | 23 | ||||
3,184,701,641 | 30,580,645 | ||||
TOTAL ASSETS | 3184,835,799 | 31,312,440 | |||
EQUITY AND LIABILITIES | |||||
Share capital and reserves | |||||
Authorized share capital | |||||
1,100,000,000 (2024: 15,000,000) ordinary shares of Rs.10/- each | 11,000,000,000 | 150,000,000 | |||
Shareholder's equity | |||||
Issued, subscribed and paid-up capital | 24 | 75,025,100 | 75,025,100 | ||
Accumulated loss | (104,279,412) | (50,230,626) | |||
(29,254,312) | 24,794,474 | ||||
Share application money | s,ig7,12o,ooo | ||||
Non-current liabilities | |||||
deferred tax Loan from associated company | J6 ‹z | ||||
11,596,988 | |||||
Current liabilities | |||||
Accrued and other liabilities | 18 | ||||
Unclaimed dividend | 19 | ||||
Tanks and cylinder deposit | 20 | ||||
Loan from director | 22 | ||||
5,373,123 | 6,517,966 | ||||
TOTAL EQUITY AND LIABILITIES | 3,184,835,799 _ | _ | 31,312,440 | ||
CONTINGENCIES AND COMMITMENTS | 22 |
11,596,988 |
600,744 | 1,384,247 |
717,420 | 717,420 |
4,054,959 | 4,282,990 |
133,309 |
The annexed notesfrom 1 to 3Bform an integral part of thesefinancial statements.
NAIM ANWAR
Chief Executive officer
MUHAMMAD MUNIR
Chief Financial Officer
MUHAMMAD ALIDirector
¿ Karachi
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED JUNE 30, 2025
/Vote
2025 2024
Bupees
CASH FLOWS FROM OPERATING ACTIVITIES | ||||
Loss before taxation | (54,048,565) | (22,455,172) | ||
Ad/ustmentsJ'or non-cash Items: | ||||
Depreciation | 23 | 12,842 | 81,311 | |
Short-term deposits written off | yIf.y | 22,500 | ||
Sales tax refundable written off Fixed assets written off | g.J | 824,S47 731,795 | ||
Unrealized gain on revaluation of listed securities | 11 | (51,034) | (8,133) | |
Finance costs | ||||
Operating loss before working capital changes | (51,347,922) | (22,374,441) | ||
(Increase)/ decrease in current assets | ||||
Advances and other receivables | (3,174,110,000) | (2,184,400j | ||
Increase/ (decrease) in current liabilities | ||||
Trade and other payables | (665,103) | |||
Accrued and other liabilities | (783,503) | (10,037,576) | ||
(783,503) | (10,702,679) | |||
Net cash (used in) operations | (3,2Z6,241,425) | (35,261,520) | ||
Finance charges paid | (1,159,993) | (7,553) | ||
Taxes paid | 27 | (203,579) | ||
Net cash (used in) operating activities | (3,227,401,639) | (35,472,652) | ||
CASH FLOWS FROM INVESTING ACTIVITIES | ||||
Additions to fixed assets | ||||
Net cash (used in) investing activities (107,000)
CASH FLOWS FROM FINANCING ACTIVITIES
Share application money Short term deposits
Loan received from/ (repaid to) associated company Loan repaid to director
Net cash generated from / (used in) financing activities Net (decrease) in cash and cash equivalents
J7.1
3,197,120,000 | |
(228,031j | (8,368,938) |
11,596,988 | (17,795,439) |
(133,309) | (958,439) |
3,208,355,648
(27,122,816j
(62,sgs,468j
Cash and cash equivalents at beginning of the year 21,394,906 83,990,373
CASH AND CASH EQUALENT AT END OF THE YEAR
2,201,915
21,394,906
The annexed notesfrom 1 to 38form an integral part of these financial statements.
NAIM ANWAR
Chief Executive officer
MUHAMMAD MUNIR
Chief Financial Officer
MUHAMMAD ALI
Director
Issued, subscribed and paid-up capital | Accumulated loss | Total Equity |
(22,623,294) | (22,623,294) |
STATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED JUNE 30, 2025
Balance as at June 30, 2023 | 75,025,100 | Rupees (27,607,332) | 47,417,768 |
Total loss for the year | |||
Other comprehensive income | |||
Total comprehensive loss for the year | (22,623,294) | (22,623,294) | |
Balance as at June 30, 2024 | 75,025,100 | (50,230,626) | 24,794,474 |
Total loss for the year Other comprehensive income | (54,048,786) | (54,048,786) | |
Total comprehensive loss for the year | (54,048,786) | (54,048,786) | |
Balance as at June 30, 2025 | 75,025,100 | (104,279,412) | (29,254,312) |
The annexed notes from 1 to 38form an integral part of these financial statements.
NAIM ANWAR
Chief Executive officer
MUHAMMAD MUNIR
Chief Financial Officer
MUHAMMAD ALI
Director
¿ Karachi