Lakson Square, Building hjo. 2, Sarwar Shaheed Road, Karach!-74200 Telephone : 3840 0000
Fax : 92-21-3568 4712
Website : https://www.colgate.com.pk
April 29, 2025
The General Manager
Pakistan Stock Exchange Limitcd Stock Exchange Building
Stock Exchange Road
Karachi
Dear Sir,
FINANCIAL RESULTS FOR THE QUARTER/PERIOD ENDED MARCH 31. 2025We have to inform you that the Board of Directors of the Company in their meeting held on Tuesday, April 29, 2025 at 06:00 p.ir. at the Registered officc of the Company at Lakson Square, Building No.2, Samvar Shaheed Road, Karachi considered and approved the un-audited financial statements of the Company for the quarter/period ended March 31, 2025.
The financial results of the Company are as per Annexure 'A' attached alongvi'ith the following documents:
I. Statement or' Financial Position of the Company.
Statement of Changes in Equity of the Company.
Statement of Cash Flow.
The Quarterly Report of the Company lbr the quarter/period ended March 31, 2025 will be transmitted through PUCARS separately, within the specified time.
O'
OLIV
Kindly acknowledge.
Yours faithfully,
For COLGAT
t•/ E (fi•
STAN) LIMITED
(MAN OO
Compa eeretary Encls. As above.
Cc to: The Executive Director/HOD Offsite-II Department, Supervision Division,
Securities & Exchange Commission of Pakistan, 63, NlC Building.
Jinnah Avenue, Blue Area, Islamabad.
Lakson Square, Building No. 2.
Sarwar Shaheed Road, Karachi-78.200 Te!eݖor e : 3840 0000
Fax ! 92-21-?5ñ8 4712
Website ! v v.coIgate.cols.pk
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS | Annexure - A | |||||||
AND OTHER COMPREHENSIVE INCOME (unaudited) | ||||||||
FOR THE QUARTER AND NINE MONTHS PERIOD ENDED MARCH 31, 2025 | ||||||||
Quarter ended | Quarter ended | Nine months period ended | Nine months period ended | |||||
March 31, | March 31, | March 31, | March 31, | |||||
2025 | 20 24 (Restated) | 2025 | 2024 (Restated) | |||||
(Rupees in '000) | ||||||||
Turnover | 39.4J7,BJ9 | 3B,374,850 | 117,168,951 | 110,863,441 | ||||
Sales tax Trade and other discounts | (5,567,657) /3 792 12? | (6,379,721) {?.041,609 | (19.505,182) {10 686.644) | (18,345,405) {8,492,996) | ||||
Net turnover | 29.058.033 28,953,520 | B6,977,125 | 84.025,039 | |||||
Cost of sales | f18 816 9R5 /19108.170) | f56 127 805J | (57 745 409 | |||||
Gross profil | 10. 241.048 | 9,845,350 | 30,849,320 | 26,279,630 | ||||
Selling and distribution cost | {2 966.677) | (2,733,985) | (9,157,299) | {8,223,101) | ||||
Administrative expenses | (350.324) | {292,781) | (1,027,206) | (866,229) | ||||
Other expenses | (523 120) | (561,332) | (1,531,996) | f1,4J2,605) | ||||
Other income | 689 456 1 28? 339 | ?.207 236 | 3.701,372 | |||||
Profit from operations | 7 090.383 | 7,540,591 | 22,340,055 | /9.479,067 | ||||
Finance cost and bank charges | (38,8311 /38,487J | (1 24,99E (J 25,260) | ||||||
Profit before income tax and final taxes | 7,051,552 | 7,502,104 | 22,2 15,064 | 19,353,807 | ||||
Taxation - Final taxes | f6) (207,7871 | (19) 606 974) | ||||||
Profit before income tax | 7,051,546 | 7,294,317 | 22,2 15,045 | 18,746.833 | ||||
Taxation • Income tax | ||||||||
Currer›t |
| f2.729.380) | (2,553,679) | (8,084,489) | f6,588,902) | |||
prior period Deferred tax | 85 052 | 37,861 f51 823J | 214,965 f24 ,836 | 26,716 f86.526 | ||||
f2,644,328) | (2,567,641) | (8, 11 , 360) | (6,648, 712) | |||||
Profi after it come tax | 4,407,2 18 | 4,726,676 | 14,103,685 | 12,098,12 1 | ||||
OthercomprehensiveincomeTorthe period | ||||||||
Total comprehensive income for the period | 4 407.218 4 726 676 | 12 09R 121 | ||||||
---Rupees------------------------------- | ||||||||
Earnings per share - basic and diluted | 18.15 19. 47 | 58.09 49.83 | ||||||
Lakson Square, Building No. 2, Sarwar Shaheed Road, Karachi-74200 Telephone : 3g40 0000
Fax : 92-21-3uG8 47a 2
A'ebste : https://www.colgate.cont.pk
CONDENSED INTERIM STATEMENT OF FTNAhlCIAL POSITION AS AT MARCf4 31, 2025 | March 31, | June 30, |
2025 " | 2024 | |
(una udited) - (Rupees | (audited) in '000)----------- | |
ASS ETS | ||
NON-CURRENT ASSETS Property. plant and equipment | 9,917,422 | 8.933,914 |
!ritanq ible assets | 5,900 | 4,040 |
Long tern loans | 98,784 | 89,857 |
Long term security deposits | 2b 149 | 24,538 |
CURRENT ASSETS | 10,048,265 | 9,052,349 |
Stores and spares | 1,1U6,53U | 978,465 |
Stock in trade | 16,505, 269 | 16 623.796 |
Trade debts | 2,008,774 | 1,938,083 |
Loa Us and advances | 443,942 | 444,601 |
rade deposits and short term prepaymeots | 209, g18 | 59,052 |
Other receivables | 126,404 | 1,765,295 |
Accrued proft | 21,177 | 4G.441 |
Short term investments | 17,563, 037 | 20 722.919 |
Cash and bank balances | 5 049 562 | ?.030,961 |
43 035 013 | 47 609 017 | |
TOTAL ASSETS | 53 083 268 | 68 6G1 *66 |
EQUITY AND LIABILITIES |
SHARE CAPITAL AISID RESERVES
Authorised share capital
Issucd. subscribed and paid-up share capital Reserves
Remeas urement of post retirement benefits obliqation
LIABILITIES
NON-CURRENT LIABILITIES
Deferred taxation Long lerm deposits Deferred limb Iity Lonq-term finanring Deferred grant Lease liabilities
CURRENT LIABILITIES
Trade and other payables Accrued m ark-up
Current maturity of long-term financinq Current maturity of lease liabilities Taxation - net
Unclaimed dividend
TOTAL LIABILITIES
COATING ENCIES AND COMMITMEN TS
2 500 000
2,427,733
30,739,627
f316 188)
743,?03 54,645 134,527 553,276 191 01G 268, 808 | 501,4C7 49,715 163.1d^o 618,125 233,014 236 *83 1,802,099 1d,645,500 6,499 142,464 51,363 1,070,153 53 97R 19,569,957 |
1,945, 575 | |
1b,78b, 380 5,657 14 2,404 70, 547 1,206, 025 77 048 | |
18,288 521 |
J2,849, 72
20,234,096
2 ?00 000
2,427.73J
32,780.365
f318,1Rg) 34,889,g10
21,772,056
TOTAL EQUITY AND LIABILITIES
CONDENSED STATEMENT OF CHANGES IN EQUITY (unaudited) FOR TI-IE NINE MONTHS PERIOD ENDED MARCFI 31, 2025
Lakson Square, Building No. 2, Sarwar Shaheed Road, Karachi-74200 Telephone : 3B40 0000
Fax : 92-21-356B 4712
Website ! https://www.colgate.com.pk
'suued/ibed and paid-up share capital | s | Reme * npu's t" reti ment b n fi | ta LI t ''° ' ' | |||
Capital reserve -phe u | | Reve ue eeserves | Sub tot reserves | ||||
General reserve | Unapproprlated profit | |||||
_ . . . . . . ..t RR|gEgg jn ^Q t. ........ .. . .... . .. . ......... ...................
2,427,733 | 13,456 | 19,861,000 | 2,2B9,944 | 22,164,400 | (275,285) | 24,316,848 | ||
(6,676,26Sj | (6,b76,265j | (6,676.265) | ||||||
12,098,121 | 12,098,12 1 | 12,098.121 | ||||||
12,098,121 | 12,098,12 1 | 12,098,121 | ||||||
1,057,000 | (1,057,000) | |||||||
2,427 733 | 13 456 | 20 918,000 | 6 654,800 | 27,586,256 | (275,285) | 29,738,704 | ||
2,427.733 | 13,456 | 20,918,000 | 11,848,909 | 32,780,365 | (318,188) | 34.889,910 | ||
Balance as at July 1, 2023
(1,21S.866) | {1,213,866' | (I ,213,866) | ||||
(5,462,399) | f5,462,399) | (5,462,399) |
r inaI div idend tor I he year ended June 3O. 2023 at the rate of
Rs 5 per share
Jnterim dividend for the year ended June 30, 2024 at the rate of
Rs 22.5 Der share
Total transactions with owners Comprehensive income for the period
Profit after taxation for the period ended March 31, 2024
Other comprehensive income
Total comprehensive Income for the period ended Nlarch 31, 2024
Transfer o general reserve Balance as at March 31, 2024
Balance as at July 1, 2024
TranCactions with owners
(8,375,678; | (8,375,678) | (8,375,678' | ||||
‹7,768,745) | f7,768,745) | (7.768,745) |
Final dividend for the year ended June 30. 2024 at the rate of
Rs 34.5 per share
Interim dividend for the year ended June 30. 2025 at the rate of
Rs 32 per share
Total transactions with owners Comprehensive Income for the perlod
Profi( after taxation for the period ended March 31, 2025
Other comprehensive income
Tc'tal comprehensive income for the period ended March 31, 2020
(16,144,423l (16.144,423)
14, O3,685 | 14,103,685 | 14,103,685 |
14,103,685 14,103,68S
(16.144,42S)
14,103,685
Transfer to general reserve
Balance as at March 31, 2025
3,415,000
2,427,733 13,456 24,333,000
(3,4 15,000)
6,393,171 30,739,627
{318,188j 32,849,172
Lakson Square, Building Nu. 2,
Sarwar ShaheeJ Rnad Karachi-7420U Telephone ! 3840 0000
Fax ! 92-21-3568 4712
Website . wev.colgate.com.pk
CONDENSED INTERIM STATEMENT OF CASH FLOWS (unaud ited) FOR THE NINE MONTHS PERIOD ENDED MARCH 31, 2025
(1.836,326) | (1,522,528) |
(5. 097) | (190) |
(5,700, 000) | (1 ,263,192) |
77, 632 | 106,782 |
465, 201 | 577, 034 |
2,671 | |
(1,159,719) | |
21 | |
104,758 | 128, 035 |
11 314.920 | 4,529,464 |
CASH FLOWS FROM OPERATING ACTIVITIES
Nine months hline months period ended period ended March 31, March 31,
2025 2024
(Rupees in '000)
Cash generated from operations | 19,825,934 | 20,347,798 | |
Finance cost and bank charges paid | t92,366) | (95,348) | |
Income and final taxes paid | (7,733,671) | (6,085. 581) | |
Staff retirement benefit paid | (110,001) | (191,865) | |
Long term loans | (8,9271 | (J•5,715) | |
Long term security deposits (assets) | (1.611) | (3, 278) | |
Long term deposits | 4. 930 | f1 457) | |
Net cash generated from operating activities | 11,884, 288 | 13,954,554 | |
CASH FLOWS FROM INVESTING ACTIVITIES | |||
Payments for property, plant and equipment | |||
Purchase of intangible assets | |||
Short term investments made during the period | |||
Proceeds from sale of property, plant and equipment | |||
Profit received on savings accounts | |||
Profit received on treasury bills | |||
Restricted cash an account of lien | |||
Profit received on Pakistan Investment Bonds | |||
Profit received on term deposit receipts | |||
Sale proceeds on disposal of short term investments | |||
Net cash generated from / (used in) investing activities | 3. 261,369 | (7,441,903) | |
CASH FLOWS FROM FINANCING ACTIVITIES | |||
Dividend paid | (16,121,353) | (5,50/,952) | |
Long-term financing repaid | (106,847) | (74,507) | |
Payment of lease liabilities | (58,175) | (76,177) | |
Net cash used in financing activities | (16,286,375) | (5,658,636) | |
Net increase / (decrease) in cash and cash equivalents | (1,140,718) | 854, 015 | |
Cash and cash equivalents at the beginning of the period | 5,030. 961 | 5,492,509 | |
Cash and cash equivalents at the end of the period | 3. 890, 243 | 6,346,524 |