Ecopack LimitedPSX: ECOP

Transmission of Quarterly Report for the Period Ended 2026-03-31

· Issued by EcoPack Limited

ʶ˂ˁʷʸˁˆʸʷ ʼˁˇʸ˅ʼˀ ʹʼˁʴˁʶʼʴʿ ˆˇʴˇʸˀʸˁˇˆ ʛˈˁʴˈʷʼˇʸʷʜ

ʹ˂˅ ˇʻʸ ˁʼˁʸʠˀ˂ˁˇʻ ˃ʸ˅ʼ˂ʷ ʸˁʷʸʷ

ˀʴ˅ʶʻ ʦʤʟ ʥʣʥʩ



TABLE OF

CONTENTG

l. Vision & Mission Gtatement

2. Corporate Gtrategy

;. Company Information

4. Directors˙ Report (English)

3. "Annexure A" To The Directors˙ Report (English)

  1. Directors˙ Report (Urdu)

  2. "Annexure A" To The Directors˙ Report (Urdu)

  3. Con6ense6 Interim Gtatement of Financial Position

A. Con6ense6 Interim Gtatement of Profit or Loss

| ; | 4 | 3 | 6 | A | lo | l; | l4 | l3

lo.Con6ense6 Interim Gtatement of Comprehensive Income

ll. Con6ense6 Interim Gtatement of Changes in Equity l2. Con6ense6 Interim Gtatement of Cash Flows l;. Notes to the Con6ense6 Interim Financial Gtatements

| l6 | l7 | l8 | 2o

ol



QUALITY IS OUR FORTÉ

o2



Vision & Mission

[ƀĜƀĴŞĴşƀ

To be a humane, cost-effective and environmentally responsible provider of industrial packaging solutions creating value for customers and all stakeholders across the board.

o;



Corporate Gtrategy

Retain market share lea6ership through quality an6 price competitiveness while creating value as a low cost pro6ucer.

o4



COMPANY INFORMATION



BOARD OF DIRECTORS

Mr. Asad Ali Sheikh Chairman of the Board

Mr. Hussain Jamil Chief Executive Officer

Mr. Ameen Jan Non-Executive Director

Mr. Zohair Ashir Non-Executive Director

Mr. Ali Jamil Non-Executive Director

Ms. Sonya Jamil Non-Executive Director

Ms. Laila Jamil Non-Executive Director

AUDIT COMMITTEE

Mr. Ameen Jan Chairman

Mr. Asad Ali Sheikh Member

Mr. Ali Jamil Member

Ms. Laila Jamil Member

HUMAN RESOURCE AND REMUNERATION COMMITTEE

Mr. Zohair Ashir Chairman

Mr. Ameen Jan Member

Ms. Sonya Jamil Member

Ms. Laila Jamil Member

CHIEF OPERATING OFFICER

Mr. Mohammad Raza Chinoy

CHIEF FINANCIAL OFFICER

Mr. Muhammed Ali Adil

COMPANY SECRETARY

Mr. Ali Abdullah

BANKERS

Askari Bank Limited PAIR Investment Co. Ltd.

The Bank of Punjab Habib Bank Limited

Soneri Bank Limited Bank Al-Habib Limited Habib Metropolitan Bank

EXTERNAL AUDITORS

A. F. Ferguson & Co. Chartered Accountants

LEGAL ADVISOR

M/s MTC-Mohsin Tayebaly & Co. Advocate & Corporate Counsel

SHARE REGISTRAR

M/s. THK Associates (Pvt.) Limited Ballotter, Share Registrar & Transfer Agent

Plot No. 32-C, Jami Commercial Street 2, D.H.A. Phase VII, Karachi, 75500, Pakistan

REGISTERED OFFICE AND FACTORY

112-113, Phase-V, Hattar Industrial Estate, Hattar, District Haripur, Khyber Pakhtunkhwa Tel: (0995) 617720 & 23, 617347, Fax: (0995) 617074

Web: https://www.ecopack.com.pk

DIRECTORG' REPORT



The Board of Directors of EcoPack Limited is pleased to present its Directors' Report along with the unaudited financial statements of the company for the 9-Month period ended 31st March 2026:

OVERVIEW

The occurrence of two distinct events during the 9-months of FY2026 under review, compared to the prior year corresponding period, have had an over-arching impact on the performance of the company. Firstly, contrary to the commensurate quarter last year, Q1FY26 was adversely impacted by the widespread damage caused by the devastating floods which commenced from the north of the country i.e., KP province. Subsequently, the roaring rivers travelled through Punjab, culminating in Sindh, while wreaking havoc and destruction to life and infrastructure in their wake. The sudden and unforeseen release of flood waters from our eastern border exacerbated the situation further.

Hence, your company's Q1 sales saw a sharp reduction as rural communities and economies struggled to recover their losses of livelihood, crops and livestock to rebuild their lives.

Secondly, while economic activity resumed gradually but strongly in Q2 and Q3, the Middle East war unexpectedly flared up at the tail end of February 2026 encompassing several countries. The immediate fallout began causing massive disruptions in international shipping and Supply-Chain of goods emanating from the Persian Gulf region. Consequently, crude oil supply and prices, which were largely viewed to be in the softening mode, abruptly spiraled out of control exceeding a high of USD120/barrel at their peak. This led to immediate sharp price increases in Crude oil as well as other Petro-chemical derivatives such as PET resin, packing materials, international shipping & truck freights and local transportation of goods, etc. As the war situation deepened and shipping from the GCC countries reduced to a trickle in the ensuing 6 weeks, prices of related commodities hit sky high levels with the added uncertainty of supply shortages.

Your company's management took timely steps in keeping with its strategy of vigilantly maintaining adequate stocks of most of its raw & packing materials. Thus, essential raw materials were beefed up as per plan, on account of the impending approach of Ramzan, followed by the usual high sale summer season months of the last quarter of FY26. Hence, your company was able to meet and fulfil all its supply commitments and further bolstered its reputation of being a reliable and trustworthy vendor to the Beverage and Edible oil industry, even in these unpredictably difficult times.

As such, despite rising costs & inflation negatively impacting the common consumers' purchasing power, your company is on track towards prudently supporting its customer base, while remaining on course to achieve its annual financial targets, as the results below indicate.

SALES & FINANCIAL HIGHLIGHTS

A summary of financial highlights for the 9 months period ended March 31, 2026 is appended herewith below:

PKR in million except EPS

9MFY26

9MFY25

Gross Revenue

5,591

5,933

Net Revenue

4,738

5,027

Gross Profit

868

794

GP as % of Net Revenue

18%

16%

Operating Profit

533

494

Net Profit before tax

431

342

Net Profit after tax

241

210

Earnings Per Share (PKR)

4.99

4.36

⏺ Topline Revenue: Net sales for the 9MFY26 have slightly declined to Rs. 4.74 billion against Rs. 5.03 billion for the same period last year, reflecting a decrease of 6%. The main driver of this decrease is the reduction in PET Resin prices by 9% which is the primary raw material for Preforms & Bottles. Accordingly, the topline sale value has also reduced as it is based on the PET Resin prices prevailing in the market. Moreover, Bottles sales volume also decreased amid unprecedented floods country-wide in the first quarter of the current financial year.

⏺ Gross Profit: Gross profit increased to Rs. 867.7 million for the period under review against the gross profit of Rs. 794.3 million last year. Consequently, the gross profit percentage also increased to 18.3%, compared to 15.8% last year. This potential increase clearly reflects our operational efficiencies.

⏺ Operating Profit: Operating profit was achieved at Rs. 533.3 million for the current year's 9 months period, an increase of Rs. 39.5 million i.e., 8% (9MFY25: Rs. 493.8 million) against the same period last year. Operating profit to net sales was 11.3% in the 9MFY26 (9MFY25: 9.8%) mainly due to efficient cost control & operational efficiencies.

⏺ Financial charge: In line with the decreasing trend of the SBP discount rate due to sharp decrease in inflation, the financial charges decreased accordingly by 32% i.e., from Rs. 151.5 million (9MFY25) to Rs. 102.4 million during the period under review. The decrease in financial cost was mainly driven by the reduction in KIBOR and SBP discount rates. Average KIBOR decreased from 14.31% per annum in the same period last year to 10.96% during 9MFY26. Improvement in bank spread over KIBOR and efficient utilization of credit lines, also helped reduce financial cost.

⏺ Profit Before & After Tax: Profit before tax was recorded at Rs. 430.9 million during 9-months this year against Rs. 342.3 million for the corresponding period last year i.e., an increase of 26%. Profit after tax was recorded at Rs. 240.9 million, showing a growth of 15% over last year's profit after tax of Rs. 210.4 million.

⏺ Earnings per share (EPS): EPS increased accordingly to Rs. 4.99 per share this year against Rs. 4.36 per share in 9MFY25.

⏺ Cash Flows: Operating cash flows reflect cash used in operations by Rs. 392 million versus cash generated in 9MFY25: Rs. 145 million.

⏺ Financial Position: The balance sheet continues to remain healthy with shareholders' equity standing at Rs. 1.81 billion. The debt-to-equity ratio arrived at 13:87 compared to 12:88 as on



June 30, 2025. Current ratio stood at 1.07:1 as compared to 1.15:1 as on June 30, 2025. The financial indicators of your company are clearly reflecting ongoing financial prudence and stability.

FUTURE OUTLOOK

Although prices of raw materials and high cost of fuel and transportation have started driving up inflation across the board, your company's customers comprising mainly the Food & Beverage (F&B) industry seem to be absorbing the cost increases presently, so as to invigorate their sales as per projections planned for the ongoing summer sales. This is an effort to assist its mass consumer base to continue normal consumption at affordable pricing, thereby mitigating industry costs by spurring higher beverage sale volumes.

As apprised earlier in the Half-year reports, your company is in the process of substantially increasing its Preform production targeting the recent capacity expansions of its customers via investments in large scale filling plants to meet their own market growth amidst rising consumer demand. Keeping abreast of the visible growth, your company had already brought on-stream additional bottle-blowing capacity last year, and will also be enhancing our Preform manufacturing capacity substantially by the end of this financial year. This will further augment the supply-side capability of your company sufficiently to gain extra market share in the rapidly growing F&B market.

One of the key measures being adopted by your Company, in order to remain competitive and profitable, is the enhancement of solar electricity generation. Approximately 2MW of electricity generation from solar will also come onstream within Q4FY26.

RISK

Supply-chain disruptions and rising inflationary costs due to the present Middle-eastern wars impacting our region, pose the greatest challenge to stability. This factor, as well as timely availability of imported petroleum products, plus related raw materials, continues to be a threat to attaining secure industrial production and growth.

Your company's main raw material is PET Resin which is a downstream derivative of the Crude oil chain. It is feared that costs may escalate or continue to stay at relatively high levels on account of war damages to refining oil & gas infrastructure. Crude oil being a basic denominator of most industrial materials as well as costs of electricity, transport & logistics, could lead to sharply increasing our cost base, and could adversely impact profitability going forward.

FOR AND ON BEHALF OF THE BOARD OF DIRECTORS





ASAD ALI SHEIKH

DIRECTOR

April 28, 2026

HUSSAIN JAMIL

CHIEF EXECUTIVE OFFICER



"ANNEHURE A" TO THE DIRECTORG˙ REPORT



  1. The Composition of Board is as follows:

    1. Male : 05

    2. Female : 02

  2. The composition of Board is as follows:

    1. Independent Directors

      1. Mr. Ameen Jan (2) Mr. Zohair Ashir

    2. Non-executive Directors

      1. Mr. Asad Ali Sheikh (2) Mr. Ali Jamil

    3. Executive Director

      Mr. Hussain Jamil (Chief Executive Officer)

    4. Female Directors

      1. Ms. Sonya Jamil (2) Ms. Laila Jamil

  3. The Board has formed committees comprising of members given below:

    1. Audit Committee

      1. Mr. Ameen Jan - Chairman

      2. Mr. Asad Ali Sheikh - Member

      3. Mr. Ali Jamil - Member

      4. Ms. Laila Jamil - Member

    2. Human Resource and Remuneration (HR & R) Committee

      1. Mr. Zohair Ashir - Chairman

      2. Mr. Ameen Jan - Member

      3. Ms. Sonya Jamil - Member

      4. Ms. Laila Jamil - Member

  4. Board has approved the Remuneration Policy of Directors; significant features are as follows:

⏺ The Board of Directors ("BOD") shall, from time to time, determine and approve the remuneration of the members of the BOD for attending Board Meetings. Such level of remuneration shall be appropriate and commensurate with the level of responsibility and expertise offered by the members of the BOD and shall be aimed at attracting and retaining members needed to govern the Company successfully and creating value addition.





⏺ No single member of the BOD shall determine his/her own remuneration. For & on behalf of the Board of Directors

ASAD ALI SHEIKH

DIRECTOR

April 28, 2026

HUSSAIN JAMIL

CHIEF EXECUTIVE OFFICER

Ec Pock Ltd

IXanufacturers Of Quality PET Bottles 6 Prefoms



































5,591

5,933





5,027

4,738



794

868



16

18



494

533



342

431



210

241



4.36

4.99



































Ec Pock Ltd

IXanufacturers Of Quality PET Bottles & Prefoms



Ec Pock Ltd

IXanufacturers Of Quality PET Bottles 6 Prefoms































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CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION

AS ON MARCH 31, 2026



Unaudited Audited

March 31, June 30,

2026 2025

Note Rupees in thousand

NON CURRENT ASSETS

Property, plant and equipment

4

2,211,817

1,875,287

Intangible assets

2,297

2,246

Long term deposits

14,506

14,506

2,228,620

1,892,039

CURRENT ASSETS

Stores, spares and loose tools

5

86,802

106,528

Stock-in-trade

6

1,234,306

473,965

Trade debts

707,432

623,925

Loans and advances

7

170,798

67,839

Deposits, prepayments and other receivables

9,875

7,896

Advance tax - net

44,577

70,287

Cash and bank balances

93,445

103,241

2,347,235

1,453,681

TOTAL ASSETS

4,575,855

3,345,720

SHARE CAPITAL AND RESERVES

Authorized capital

8.1

1,000,000

1,000,000

Issued, subscribed and paid-up capital

8.2

482,584

482,584

Revenue reserve - Unappropriated profits

1,018,180

857,623

Capital Reserve - Surplus on revaluation

of property, plant and equipment

9

310,515

326,624

1,811,279

1,666,831

NON-CURRENT LIABILITIES

Long term finances - secured

10

155,456

100,726

Other long term liabilities

2,182

-

Lease liabilities

11

38,135

55,308

Deferred tax liabilities - net

372,248

257,896

568,021

413,930

CURRENT LIABILITIES

Employees' retirement benefits

67,289

63,654

Trade and other payables

13

429,759

471,578

Contract liabilities

32,396

21,273

Unpaid dividend

6,937

3,114

Short term borrowings and running finance - secured

1,579,164

636,406

Current maturity of non-current liabilities

81,010

68,934

2,196,555

1,264,959

Contingencies and commitments

14

-

-

TOTAL EQUITY AND LIABILITIES

4,575,855

3,345,720

___________





The annexed notes 1 to 25 form an integral part of these financial statements.

___________



Chief Financial Officer

Chief Executive Officer

Director

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UNAUDITED)

FOR THE NINE MONTH PERIOD ENDED MARCH 31, 2026



March 31,

2026

March 31,

2025

March 31,

2026

March 31,

2025

Revenue from contracts with customers

Note

- Rupees

2,194,355 2,310,877

n

thousand -------

5,591,088

--

-----------

5,932,958

Sales tax

(334,712)

(352,583)

(852,620)

(905,698)

Revenue from contracts with customers - net

15

1,859,643

1,958,294

4,738,468

5,027,260

Cost of sales

16

(1,402,655)

(1,606,629)

(3,870,725)

(4,232,996)

GROSS PROFIT

456,988

351,665

867,743

794,264

Selling & distribution expenses

(63,063)

(55,662)

(157,416)

(139,138)

Administrative and general expenses

(49,432)

(41,571)

(143,394)

(122,263)

Other expenses

(21,823)

(15,509)

(32,740)

(43,623)

Other income

9

3,788

37

4,590

Net impairment loss on financial assets

-

-

(880)

-

(134,309)

(108,954)

(334,393)

(300,434)

OPERATING PROFIT

322,679

242,711

533,350

493,830

Finance cost

(42,965)

(44,950)

(102,395)

(151,522)

PROFIT BEFORE TAXATION

279,714

197,761

430,955

342,308

Income tax expense

(127,123)

(71,531)

(189,990)

(131,878)

PROFIT AFTER TAXATION

152,591

126,230

240,965

210,430

Earnings per share - basic (Rs)

17.1

3.16

2.62

4.99

4.36

Three-month period ended Nine month period ended

i

___________





The annexed notes 1 to 25 form an integral part of these financial statements.

___________



Chief Financial Officer

Chief Executive Officer

Director

CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED)

FOR THE NINE MONTH PERIOD ENDED MARCH 31, 2026



Three-month period ended Nine month period ended

March 31, March 31, March 31, March 31,

2026 2025 2026 2025

Note -------------------- Rupees in thousand --------------------

PROFIT AFTER TAXATION

152,591

126,230

240,965

210,430

OTHER COMPREHENSIVE INCOME:

Other comprehensive income

-

-

-

-

TOTAL COMPREHENSIVE INCOME

FOR THE PERIOD

152,591 126,230

240,965 210,430

___________





The annexed notes 1 to 25 form an integral part of these financial statements.

___________



Chief Financial Officer

Chief Executive Officer

Director

CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UNAUDITED)

FOR THE NINE MONTH PERIOD ENDED MARCH 31, 2026



Share Capital

Unappropriated profits

Surplus on revaluation of property and plant

Total

Rupees in thousand

Balance as at July 1, 2024 (audited) 482,584 573,887 240,077 1,296,548

- Profit for the period

-

210,430

-

210,430

- Other comprehensive income - net of tax

-

-

-

-

Total comprehensive income for the period

-

210,430

- 210,430

Transfer from surplus on revaluation of property, plant

and equipment on account of incremental depreciation

for the period - net of deferred taxation

-

17,985

(17,985) -

Transactions with owners, recorded

directly in equity

Distribution to owners

- Payment of final cash dividend @ 15%

-

(72,388)

- (72,388)

Balance as at March 31, 2025 (unaudited)

482,584

729,914

222,092

1,434,590

Balance as at July 1, 2025 (audited)

482,584

857,623

326,624

1,666,831

- Profit for the period

-

240,965

-

240,965

- Other comprehensive income - net of tax

-

-

-

-

Total comprehensive income for the period

-

240,965

- 240,965

Transfer from surplus on revaluation of property, plant

and equipment on account of incremental depreciation

for the period - net of deferred taxation

-

16,109

(16,109) -

Transactions with owners, recorded

directly in equity

Distribution to owners

- Payment of final cash dividend @ 20%

-

(96,517)

- (96,517)

Balance as at March 31, 2026 (unaudited)

482,584

1,018,180

310,515 1,811,279

___________





The annexed notes 1 to 25 form an integral part of these financial statements.

___________



Chief Financial Officer

Chief Executive Officer

Director

CONDENSED INTERIM STATEMENT OF CASH FLOWS (UNAUDITED)

FOR THE NINE MONTH PERIOD ENDED MARCH 31, 2026



March 31, March 31,

2026 2025

Note Rupees in thousand

CASH FLOW FROM OPERATING ACTIVITIES

Profit before taxation

430,955

342,308

Adjustments for non-cash items:

Depreciation and amortization

Gain on disposal of property, plant and equipment

152,880

(28)

135,137

-

(Reversal) / provision for slow moving inventories

16

(544)

17,052

Charge against other long term liabilities

2,182

-

Provision for Workers' Welfare Fund

9,555

8,683

Provision for Workers' Profit Participation Fund

23,185

18,554

Impairment on idle fixed assets

-

15,029

Net impairment loss on financial assets

880

-

Provision for gratuity

12,385

10,021

Finance cost 102,395 151,522

733,845 698,306

Changes in working capital

Increase in inventories 5 & 6 (740,071)

(257,731)

Increase in trade debts (73,264)

(93,540)

Increase in loans and advances

7

(102,959)

(8,402)

Increase in deposits, prepayments and other receivables

(1,979)

(8,251)

Increase in trade and other payables

(31,601)

68,351

(949,874)

(299,573)

(216,029)

398,733

Finance cost paid - short term borrowings

(74,347)

(129,577)

Workers Welfare Fund paid

(12,308)

(5,533)

Workers' Profit Participation Fund paid

(30,650)

(12,005)

Contributions to gratuity

(8,750)

(3,873)

Income taxes paid

(49,928)

(102,176)

Net cash (used in)/ generated from operating activities

(392,012)

145,569

CASH FLOW FROM INVESTING ACTIVITIES

Purchase of property, plant and equipment - net

(489,724)

(163,203)

Investment in intangible assets

(764)

-

Sale proceeds from disposal of property, plant and equipment

1,053

3,762

Net cash used in investing activities

(489,435)

(159,441)

CONDENSED INTERIM STATEMENT OF CASH FLOWS (UNAUDITED)

FOR THE NINE MONTH PERIOD ENDED MARCH 31, 2026



March 31, March 31,

2026 2025

Note Rupees in thousand

CASH FLOW FROM FINANCING ACTIVITIES

Repayment of lease liabilities

11

(21,470)

(19,029)

Proceeds from long-term finances

95,888

-

Repayment of long-term finances

(35,669)

(32,568)

Dividend paid

(92,694)

(69,437)

Short-term borrowings received / (repaid)

886,328

45,849

Finance cost paid on long-term finances

(9,231)

(9,257)

Net cash generated from/ (used in) financing activities

823,152

(84,442)

NET DECREASE IN CASH AND CASH EQUIVALENTS

(58,295)

(98,314)

Cash and cash equivalents at beginning of the period

103,241

79,859

CASH AND CASH EQUIVALENTS AT END OF THE PERIOD 18 44,946 (18,455)

___________





The annexed notes 1 to 25 form an integral part of these financial statements.

___________



Chief Financial Officer

Chief Executive Officer

Director

NOTES TO THE CONDENSED INTERIM FINANCIAL STATEMENTS (UNAUDITED)

FOR THE NINE MONTH PERIOD ENDED MARCH 31, 2026



  1. LEGAL STATUS AND OPERATIONS

    Ecopack Limited (the Company) was incorporated in Pakistan on August 25, 1991 as a private limited company and converted to a public limited company on April 29, 1992 under the then applicable Companies Ordinance, 1984 (repealed upon enactment of the Companies Act, 2017) and commenced its commercial production in 1993. The Company has its shares quoted on the Pakistan Stock Exchange Limited. The Company is principally engaged in manufacturing and sale of Polyethylene Terephthalate (PET) bottles and preforms for beverages and other liquid packaging industry. The head office of the Company is situated at 19, Main Street City Villas, Near High Court Road, Rawalpindi and its registered office and manufacturing facility is located at Hattar Industrial Estate, Khyber Pakhtunkhwa.

  2. BASIS OF PREPARATION

    1. Statement of compliance

      These condensed interim financial statements 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:

      1. International Accounting Standard (IAS) 34, Interim Financial Reporting , issued by the International Accounting Standards Board (IASB) as notified under the Companies Act, 2017; and

    2. ii) 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, the provisions of, directives and notifications issued under the Companies Act, 2017 have been followed.

      The disclosures in these condensed interim financial statements does not include all of the information required for annual financial statements and should be read in conjunction with the annual financial statements of the Company for the year ended June 30, 2025. Comparative condensed interim statement of financial position is extracted from annual financial statements as at June 30, 2025, whereas comparative condensed interim statement of profit or loss, condensed interim statement of comprehensive income, condensed interim statement of changes in equity and condensed interim statement of cash flows are extracted from unaudited condensed interim financial statements of the Company for the nine month period ended March 31, 2025.

      These condensed interim financial statements are unaudited and are being submitted to the members as required under Section 237 of the Companies Act, 2017 and the listing regulations of the Pakistan Stock Exchange.

  3. MATERIAL ACCOUNTING POLICY INFORMATION AND OTHER ACCOUNTING POLICIES

    The material and other accounting policies, significant judgements made in the application of accounting policies, key sources of estimations, the methods of computation adopted in preparation of these condensed interim financial statements and financial risk management policy are the same as those applied in preparation of annual financial statements of the Company for the year ended June 30, 2025, except for change as mentioned below:

    1. Change in accounting estimate

During the period, the Board of Directors approved a change in the depreciation method and estimated useful life of the Company's plant and machinery (classified under Property, plant and equipment). The depreciation method has been changed from the straight-line method to the reducing balance method. In addition, the estimated useful life of plant and machinery has been revised to 30 years.

This change has been accounted for as a change in accounting estimate in accordance with applicable financial reporting standards and has been applied prospectively. Accordingly, the change has no retrospective impact on the Company's financial statements.

3.2 The management believes that standards, amendments to published standards and interpretations that are effective for the Company from accounting periods beginning on or after 01 July 2025 do not have any significant effect on these interim financial statements or are not relevant to the Company.



Note

Unaudited March 31,

2026

Audited June 30,

2025

4. PROPERTY, PLANT AND EQUIPMENT

Rupees in

thousand

Operating fixed assets

4.1

1,973,554

1,787,164

Capital work-in-progress

4.3

183,964

37,712

Capital spares

54,299

50,411

2,211,817

1,875,287

4.1 Operating fixed assets - at net book value

Net book value at the beginning of the period / year

1,787,164

1,448,543

Additions during the period / year

4.1.1

339,584

371,574

Revaluation during the period / year

-

178,641

Disposals during the period / year

(1,026)

(7,820)

Impairment charged for the period / year

-

(14,620)

Depreciation charged for the period / year

(152,168)

(189,154)

Net book value at the end of the period / year

1,973,554

1,787,164

4.1.1 Additions during the period/ year

Leasehold land

192,109

-

Factory building and roads on lease-hold land

964

11,446

Plant and Machinery - owned

23,140

220,631

Factory equipment

89,677

106,024

Office equipment

10,346

8,830

Furniture & fixtures

945

470

Vehicle - owned

21,988

-

Vehicle - right of use

415

24,173

339,584

371,574

4.2 Right of use asset

Net book value at the beginning of the period / year

96,028

88,098

Additions during the period / year

415

24,173

Transfers from right of use asset to owned assets

-

(614)

Net book value of disposals

(1,015)

(429)

Depreciation charge

(12,018)

(15,201)

Net book value at the end of the period / year

83,410

96,028

4.3 Capital work-in-progress

Net book value at the beginning of the period / year

37,712

18,903

Additions during the period / year

431,003

247,386

Capitalized during the period / year

(284,751)

(228,577)

Net book value at the end of the period / year

183,964

37,712

Unaudited

Audited

March 31,

June 30,

Note

2026

2025

Rupees in thousand

5. STORES, SPARES AND LOOSE TOOLS

Stores and spares

172,569

188,512

Loose tools

3,214

3,109

175,783

191,621

Provision for obsolete stores and spares

(34,682)

(34,682)

Capital spares transferred to property, plant and equipment

(54,299)

(50,411)

86,802

106,528

6. STOCK-IN-TRADE

Raw materials

589,651

138,241

Packing materials

45,132

37,003

Work in process - preforms

369,578

167,487

Finished goods - bottles

217,098

111,076

Other associated goods

15,673

23,528

1,237,132

477,335

Provision for obsolescence

(2,826)

(3,370)

1,234,306

473,965

7. LOANS AND ADVANCES

Suppliers and contractors - unsecured

155,933

55,650

Employees:

Personal - secured

4,774

6,670

Operational - unsecured

10,091

5,519

170,798

67,839

8. SHARE CAPITAL

8.1 Authorized share capital

8.1.1 This represents 100,000,000 (June 30, 2025: 100,000,000) ordinary shares of

Rs 10 each.

8.2 Issued, subscribed and paid-up capital

Un-audited Audited

Unaudited

Audited

March 31, June 30,

March 31,

June 30,

2026 2025

2026

2025

Number of shares Rupees in thousand

10,262,664

10,262,664

Ordinary shares of Rs 10/- each

issued against cash

102,627

102,627

37,995,753

37,995,753

Ordinary shares of Rs 10/- each

issued as fully paid bonus shares

379,957

379,957

48,258,417

48,258,417

482,584

482,584



9

SURPLUS ON REVALUATION OF PROPERTY, PLANT AND MACHINERY



The Company follows revaluation model for lease-hold land, factory building and roads on lease-hold land and plant & machinery. The fair value of these items were assessed by management based on independent valuation performed by an external valuation expert as at May 31, 2025. For valuation of these items, the current market price or depreciated replacement cost method is used, whereby, current purchase / construction cost of similar items in similar locations has been adjusted using suitable depreciation rates to arrive at present market value. This technique requires significant judgment as to estimating the revalued amount in terms of their quality, structure, layout and locations. Movement during the period / year is as follows:

Unaudited Audited

March 31, June 30,

Note 2026 2025

Rupees in thousand

Balance at the beginning of the period / year

466,310

315,926

Add: surplus on revaluation carried-out during the period

-

178,640

Incremental depreciation transferred to unappropriated profits

(26,408)

(28,256)

Less: deferred tax on:

439,902

466,310

- Balance as at beginning of the period / year

(139,686)

(75,849)

- revaluation surplus for the period / year

-

(69,670)

- difference due to change in rate of tax

-

(5,187)

- Incremental depreciation charged during the period/ year

10,299

11,020

(129,387)

(139,686)

Balance at the end of the period

310,515

326,624

10.

LONG TERM FINANCES - SECURED

Loans from banking companies - secured

Bank Al-Habib Limited - III

10.1

-

12,415

Bank Al-Habib Limited - IV

10.2

118,551

123,647

PAIR Investment Company Limited

10.3

-

7,096

Askari Bank Limited

10.4

22,558

-

Askari Bank Limited

10.5

41,077

-

The Bank of Punjab Limited

10.6

21,190

-

203,376

143,158

Less: current portion of long term finances

(47,920)

(42,432)

155,456

100,726

10.1

10.2

10.3

10.4

10.5

10.6

This represents term loan obtained in fiscal year 2023-24 for letter of credit arrangements of the capital expenditure. Tenor of the loan is three years. This is repayable in 36 equal monthly installments. The loan is priced at 1.5% per annum over 3 months KIBOR. This loan is secured by first exclusive charge over fixed assets (plant & machinery) for Rs 55,000 thousand (June 30, 2025: Rs 55,000 thousand) duly registered with SECP over machinery imported. The loan has been repaid during the period.

This represents term loan obtained in fiscal year 2024-25 for letter of credit arrangements of the capital expenditure. Tenor of the loan is four years and six months. This is repayable in 16 equal quarterly installments. The loan is priced at 1.5% per annum over 6 months KIBOR. This loan is secured by first exclusive charge over fixed assets (plant & machinery) for Rs 131,000 thousand duly registered with SECP over machinery imported.

This represents finance obtained from PAIR Investment Company Limited under sale and lease back arrangement. As per terms of agreement, the Company has an option to repurchase the assets back upon expiry of lease term, accordingly proceeds through this arrangement are classified as a financial liability in accordance with IFRS 9. Tenor of the arrangement is 5 years and with 60 equal monthly installments. It carries mark-up at 3 months KIBOR plus 1.5% per annum. The loan is secured by charge over plant and machinery of the Company amounting to Rs 42,400 thousand (June 30, 2025: Rs 42,400 thousand). The loan has been repaid during the period.

During the period, the Company obtained a term loan from Askari Bank Limited to finance capital expenditure through letter of credit arrangements for the import of plant and machinery. The loan has a tenor of three (3) years and is repayable in thirty-six (36) equal monthly installments. The markup is payable at the rate of six-month KIBOR plus 1% per annum. The loan is secured by an exclusive charge over the imported plant and machinery with a margin of 20% over the disbursed amount.

During the period, the Company obtained a term loan from Askari Bank Limited to finance capital expenditure through letter of credit arrangements for installation of solar project. The loan has a tenor of four

(4) years including six months grace period and is repayable in through monthly installments. The markup is payable at the rate of six-month KIBOR plus 1.45% per annum. The loan is secured by an exclusive charge over the imported plant and machinery with a margin of 20% over the disbursed amount.

During the period, the Company obtained an Islamic financing facility from The Bank of Punjab amounting to Rs. 50 million for financing capital expenditure relating to vehicles. The profit rate is based on six-month KIBOR plus 1% per annum, subject to a floor of 8% and a cap of 45% per annum. The facility is secured by a lien over the financed assets in favour of the bank.

  1. LEASE LIABILITIES

    Unaudited Audited

    March 31, June 30,

    2026 2025

    Rupees in thousand

    Balance at the beginning of the period / year

    76,339

    72,947

    Additions during the period / year

    -

    27,228

    Unwinding of interest on lease liabilities

    5,690

    8,927

    Payments made during the period / year

    (21,470)

    (32,763)

    Balance at the end of the period / year

    60,559

    76,339

    Less: Current portion shown under current liabilities

    (22,424)

    (21,031)

    38,135

    55,308



  2. INCOME TAX

    Income tax is recognised based on management's estimate of the weighted average effective annual income tax rate expected for the full financial year. The estimated average annual tax rate used for the year is 44.09%, compared to 38.53% for the nine months period ended March 31, 2025.

    The deferred tax asset has been recognised taking into account the availability of future taxable profits as per business plan of the Company. The existence of future taxable profits is based on business plan which involves making judgements regarding key assumptions underlying the estimation of the future taxable profits of the Company. These assumptions, if not met have significant risk of causing a material adjustment to the carrying amount of deferred tax.

  3. TRADE AND OTHER PAYABLES

    Unaudited Audited

    March 31, June 30,

    2026 2025

    Rupees in thousand

    Trade creditors 265,601 186,597

    Accrued and other liabilities 117,564 153,739

    Payable to provident fund 2,726 2,801

    Sales tax payable 234 73,540

    Payable to Federal Government 3,926 3,926

    Withholding taxes payable 6,066 7,115

    Workers' profit participation fund payable 24,079 31,544

    Workers' welfare fund payable 9,563 12,316

    429,759 471,578

  4. CONTINGENCIES AND COMMITMENTS

14.1

14.1.1

14.2

14.2.1

14.2.2

Contingencies

There has been no significant change in the status of contingencies as disclosed in note 27 to the audited financial statements of the Company for the year ended June 30, 2025.

Commitments

Bank guarantees have been issued by two financial institutions of the Company for an aggregate amount of Rs 7.15 million (June 30, 2025: Rs 7.15 million) in favor of the Company's fuel and utility suppliers.

Performance guarantee cheques have been issued to a customer amounting Rs 11,186 thousand (June 30, 2025: Rs 11,186) for a period of one year.

14.2.3 Letter of credit for purchase of raw material and purchase of machinery amounts to Rs 596,089 thousand (June 30, 2025: Rs 165,264 thousand).



15. REVENUE FROM CONTRACTS WITH CUSTOMERS - NET

Three-month period ended Nine month period ended



March 31, March 31, March 31, March 31,

2026 2025 2026 2025

------------- Rupees in thousand -------------

Sales-Local

- PET Preforms

905,539

957,005

2,202,989

2,214,667

- PET Bottles

1,263,845

1,353,872

3,293,708

3,718,291

  • Other associated goods 24,971 - 94,391 -

    2,194,355 2,310,877 5,591,088 5,932,958

    Less: Sales tax

  • PET Preforms

  • PET Bottles

  • Other associated goods

(138,133)

(146,051)

(336,049)

(338,470)

(192,756)

(206,532)

(502,158)

(567,228)

(3,823)

-

(14,413)

-

(334,712) (352,583) (852,620) (905,698)

1,859,643 1,958,294 4,738,468 5,027,260

16.

COST OF SALES

Raw material consumed

853,628

1,024,702

2,616,261

2,967,664

Packing material consumed

73,433

81,645

187,581

218,525

Stores, spares and loose tools consumed

33,013

24,600

106,634

86,698

Salaries, wages and other benefits

154,680

129,651

445,404

380,365

Fuel and power

188,916

200,016

520,313

570,382

Travelling and conveyance

8,016

5,820

26,267

17,910

Vehicle running and maintenance

6,345

5,565

16,491

14,563

Rent, rates and taxes

18,386

13,258

39,042

32,378

Repair and maintenance

7,666

7,057

22,965

15,587

Safety and security

8,291

7,158

20,840

20,300

Medical & utilities

4,726

4,485

12,097

10,562

Communication charges

1,056

834

3,069

2,449

Printing, postage and stationery

1,482

1,549

3,957

3,681

Technical testing and analysis

423

1,720

1,031

2,887

Fees, subscription and professional charges

1,091

604

2,961

1,999

Entertainment

818

274

1,419

1,158

Staff welfare & support

5,141

5,072

10,221

10,231

Depreciation

48,846

42,874

134,836

123,177

Provision for slow moving stock in trade

-

-

(544)

71

Provision for obsolete stores and spares

-

-

-

16,981

Others

14 44 138 139

1,415,971 1,556,928 4,170,983

4,497,707

Work-in-process - opening

485,236

436,544

167,487

208,114

Work-in-process - closing

(369,578)

(293,091)

(369,578)

(293,091)

115,658

143,453

(202,091)

(84,977)

Cost of goods manufactured

1,531,629

1,700,381

3,968,892

4,412,730

Finished and associated goods - opening

103,797

198,188

134,604

112,206

Finished and associated goods - closing

(232,771)

(291,940)

(232,771)

(291,940)

(128,974)

(93,752)

(98,167)

(179,734)

1,402,655 1,606,629 3,870,725 4,232,996

Three-month period ended Nine month period ended March 31, March 31, March 31, March 31,

2026 2025 2026 2025



  1. EARNINGS PER SHARE - BASIC AND DILUTED

    1. Basic

      Profit after taxation (Rupees in '000') 152,591 126,230 240,965 210,430

      Weighted average number of

      ordinary shares 48,258,417 48,258,417 48,258,417 48,258,417 Earnings per share - basic (Rupees) 3.16 2.62 4.99 4.36

    2. Diluted

      There is no dilution effect on the basic earnings per share of the Company as the Company has no convertible potential dilutive instruments outstanding as on March 31, 2026 which would have effect on the basic EPS, if the option to convert would have been exercised.

      Unaudited Unaudited

      March 31, March 31,

      2026 2025

  2. CASH AND CASH EQUIVALENTS Rupees in thousand

    Cash and bank balances 93,445 34,640

    Short-term running finance - secured (48,499) (53,095)

    44,946 (18,455)

  3. FINANCIAL RISK MANAGEMENT

    Financial risk factors

    The Company's activities expose it to variety of financial risk namely market risk (including currency risk and interest rate risk), credit risk and liquidity risk.

    There have been no changes in the financial risk management policies of the Company during the period, consequently these condensed interim financial statements do not include all the financial risk management information and disclosures required in the annual financial statements.

    Fair value estimation

    The carrying value of financial assets and liabilities reflected in financial statements approximate their respective fair value.

    Fair value hierarchy

    Certain property, plant and equipment of the Company was valued by independent valuer to determine the fair value of property, plant and equipment as at May 31, 2025. The revaluation surplus was credited to other comprehensive income and is shown as 'surplus on revaluation of property, plant and equipment'. The different levels have been defined as follows:

    Level 1: quoted prices (unadjusted) in active markets for identical assets or liabilities.

    Level 2:

    Level 3:

    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).

    inputs for the asset or liability that are not based on observable market data (unobservable inputs).

    Level 2 fair value of certain property, plant and equipment has been derived using the comparison approach. Sales prices of comparable property, plant and equipment in identical circumstances or close proximity are adjusted for differences in key attributes such as property size, structure, location, capacity etc. The most significant inputs into this valuation approach are price per marla, price per square feet, depreciated replacement cost etc.

  4. TRANSACTIONS AND BALANCES WITH RELATED PARTIES

The Company has related party relationship, with its directors, key management personnel and employee benefit plan. The Company in the normal course of business carries out transactions with various related parties. There were no transactions with key management personnel other than under the terms of employment. Aggregate transactions with the related parties during the period were as follows:

Three-month period ended Nine month period ended March 31, March 31, March 31, March 31,

2026 2025 2026 2025

------------- Rupees in thousand -------------

Transactions during the period

2,800 -

8,750

3,873

23,862 20,285

83,002

60,854

1,610 2,110

6,650

6,145

- -

14,823

12,479

- -

115

138

Unaudited March 31,

2026

Audited June 30,

2025

Contribution to staff provident fund 8,172 11,139 26,479 26,687 Contribution to employees' gratuity fund

Remuneration & bonus to key management personnel

Directors meeting fee Dividend paid to CEO Dividend paid to Directors

Rupees in thousand

Payable as on date of statement of financial position to:

2,182

-

2,726

2,801

67,289

63,654

Service benefits payable to CEO

Ecopack - Employees' Provident Fund Trust Ecopack - Employees' Gratuity Fund Trust



21. FINANCIAL INSTRUMENTS

21.1 Financial assets and liabilities

Amortised

Fair value

Fair value

Total

March 31, 2026 - unaudited

Cost

through profit and loss

through other comprehensive income

Financial assets:

Maturity upto one year Trade debts

707,432

-

-

707,432

Loans and advances

4,774

-

-

4,774

Deposits, prepayments and other receivables

3,272

-

-

3,272

Cash and bank balances

93,445

-

-

93,445

Maturity above one year Long term deposits

14,506

-

14,506

823,429

-

-

823,429

Financial liabilities:

Maturity upto one year Trade and other payables

383,165

-

-

383,165

Unpaid dividend

6,937

-

-

6,937

Short term borrowings and running finance - secured

1,579,164

-

-

1,579,164

Current maturity of non-current liabilities

81,010

-

-

81,010

Maturity above one year

Long term finances - secured

155,456

-

-

155,456

Other long term liabilities

2,182

-

-

2,182

Lease liabilities

38,135

-

-

38,135

2,246,049

-

-

2,246,049

June 30, 2025 - audited

Financial assets:

Maturity upto one year Trade debts

623,925

-

-

623,925

Loans and advances

6,670

-

-

6,670

Deposits, prepayments and other receivables

5,973

-

-

5,973

Cash and bank balances

103,241

-

-

103,241

Maturity above one year Long term deposits

14,506

-

14,506

754,315

-

-

754,315

Financial liabilities:

Maturity upto one year Trade and other payables

340,336

-

-

340,336

Unpaid dividend

3,114

3,114

Short term borrowings and running finance - secured

636,406

-

-

636,406

Current maturity of non-current liabilities

68,934

-

-

68,934

Maturity above one year

Long term finances - secured

100,726

-

-

100,726

Lease liabilities

55,308

-

-

55,308

1,204,824

-

-

1,204,824



;o

OPERATING SEGMENTS

Condensed Interim Financial Statements (Unaudited) For The Nine-Month Period Ended March ;l, 2026

Description of operating segments

The company's primary format for segment reporting is based on business segments. The business segments are determined based on the Company's management and internal reporting structure. Segment results and other information is provided on the basis of products.

Segment Information

The un-audited operating information of the reportable business segments is as follows:

INJECTION (PREFORMS)

BLOWING (BOTTLES)

TOTAL

For the three-month ended For the nine-month ended

For the three-month ended For the nine-month ended

For the nine-month ended

March 31, March 31, March 31, March 31,

March 31, March 31, March 31, March 31,

March 31, March 31,

2026

2025

2026

2025

2026

2025

2026

2025

2026

2025

(Rupees in '000)

Total Sales

1,496,830

1,524,480

3,545,347

3,895,680

1,071,089

1,147,340

2,791,550

3,151,063

6,336,897

7,046,743

Less: Intersegment sales (eliminated)

(729,424)

(713,526)

(1,678,407)

(2,019,484)

-

-

-

-

(1,678,407)

(2,019,484)

Revenue from main products

767,406

810,954

1,866,940

1,876,196

1,071,089

1,147,340

2,791,550

3,151,063

4,658,490

5,027,260

Other associated goods

9,114

-

32,052

-

12,034

-

47,926

-

79,978

-

Sales-net 776,520 810,954 1,898,992 1,876,197 1,083,123 1,147,340 2,839,476 3,151,063 4,738,468 5,027,260

(609,017)

-

(669,268)

-

(1,545,869)

-

(1,587,928)

-

(1,523,062)

729,424

(1,649,957)

713,526

(4,003,263)

1,678,407

(4,664,552)

2,019,484

(5,549,132)

1,678,407

(6,252,480)

2,019,484

Total Cost of Sales

Less: Intersegment cost (eliminated)

Cost of sales-net (609,017) (669,268) (1,545,869) (1,587,928) (793,638) (936,431) (2,324,856) (2,645,068) (3,870,725) (4,232,996)

Gross profit 167,503 141,686 353,123 288,269 289,485 210,909 514,620 505,995 867,743 794,264

(26,297)

(20,831)

(22,952)

(17,621)

(63,086)

(57,467)

(51,927)

(45,629)

(36,766)

(28,601)

(32,710)

(23,950)

(94,330)

(85,927)

(87,211)

(76,634)

(157,416)

(143,394)

(139,138)

(122,263)

Selling & distribution expenses Administrative expenses

(47,128) (40,573) (120,553) (97,556) (65,367) (56,660) (180,257) (163,845) (300,810) (261,401)

Profit from operations 120,375 101,113 232,570 190,713 224,118 154,249 334,363 342,150 566,933 532,863

March 31,

June 30,

March 31,

June 30,

March 31,

June 30,

2026 2025

2026 2025

2026 2025

Segment assets

2,489,020

1,566,977

1,736,638

1,529,480

4,225,658

3,096,457

Unallocated assets

- -

- -

350,197 249,263

2,489,020 1,566,977

1,736,638 1,529,480

4,575,855 3,345,720

Segment liabilities

1,540,185

652,922

963,852

764,957

2,504,037

1,417,879

Unallocated liabilities

- -

- -

260,539 261,010

1,540,185 652,922

963,852 764,957

2,764,576 1,678,889

Capital expenditure

Unallocated capital expenditure

63,641 69,636

- -

62,380 255,064

- -

126,021 324,700

213,563 46,874

63,641 69,636

62,380 255,064

339,584 371,574

22

22.1

22.2





22.3

Reconciliations of information on reportable segments to the amounts reported in the interim statement of profit or loss:

Unaudited Unaudited

March 31, March 31,

2026 2025

Rupees in thousand

Operating profit of the reportable segments

566,933

532,863

Add: other income

37

4,590

Less: other expenses

(32,740)

(43,623)

impairment loss on financial assets

(880)

-

finance costs

(102,395)

(151,522)

Profit before taxation as per interim statement of profit or loss

430,955

342,308

  1. SHARIAH COMPLIANCE DISCLOSURE

    Following information has been disclosed as required under Clause VII of Part I of Schedule IV of the Companies Act, 2017:

    March 31, 2026 - unaudited Conventional Shariah Total

    ------------ Rupees in thousand ------------

    Statement of Financial Position

    Long term loans

    182,186

    21,190

    203,376

    Lease Liabilities

    60,559

    -

    60,559

    Short term borrowings and running finance - secured

    1,367,413

    197,674

    1,565,087

    Accrued markup

    22,932

    1,812

    24,744

    Cash and bank balances

    28,623

    64,822

    93,445

    Statement of Profit or Loss

    Net Sales

    -

    4,738,468

    4,738,468

    Other income

    37

    -

    37

    Finance cost

    99,546

    2,849

    102,395

    - Break up Other Income

    Gain on disposal of property, plant and equipment

    28

    -

    28

    Write back of liabilities

    -

    -

    -

    Foreign exchange gain

    9

    -

    9

    Others

    -

    -

    -



    June 30, 2025 - audited Statement of Financial Position

    Conventional Shariah Total

    ------------ Rupees in thousand ------------

    Long term loans

    143,158

    -

    143,158

    Lease Liabilities

    76,339

    -

    76,339

    Short term borrowings and running finance - secured

    630,310

    -

    630,310

    Accrued markup

    11,010

    -

    11,010

    Cash and bank balances

    82,508

    20,733

    103,241

    March 31, 2025 - un-audited Statement of Profit or Loss

    Net Sales

    -

    5,027,260

    5,027,260

    Other income

    4,590

    -

    4,590

    Finance cost

    151,522

    -

    151,522

    - Break up Other Income

    Gain on Scrap sales - net of expenses

    1,588

    -

    1,588

    Gain on disposal of property, plant and equipment

    -

    -

    -

    Write back of liabilities

    -

    -

    -

    Foreign exchange gain

    1

    -

    1

    Others

    3,001

    -

    3,001

    1. The Company has business relationship with Islamic banks in ordinary course of business.

  2. GENERAL

    1. Seasonality

      The Company's major customers are manufacturers of beverages, sales of which vary during seasons owing to weather, religion / festive occurence etc. This ultimately impacts Company's sales. Due to the aforementioned seasonal nature of business of the Company, higher revenues and profitability are usually expected in the respective season months.

    2. Rounding off

      Figures have been rounded off to the nearest thousand of rupees unless otherwise stated.

  3. DATE OF AUTHORIZATION FOR ISSUE

___________





These condensed interim financial statements were authorised for circulation to the shareholders by the Board of Directors of the Company on April 28, 2026.

___________



Chief Financial Officer

Chief Executive Officer

Director









Hea6 Office:



Office No. l8, Floor: ;-A, ZETA Mall, Main GT Road, Islamabad Ph: +A2 цl 8Al40A8

Carachi Office:

Suite # ;06, ;rd Floor, Clifton Diamond, Block-4, Clifton, Karachi Ph: +A2 2l ;ц2Al0цl & ц2, Fax: +A2 2l ;ц2Al0ц;

Lahore Office:

Office # ц, lst Floor, Al-Hafeez View, Sir Syed Road, Gulberg-III, Lahore Ph: +A2 ;00 ц0lцl;A

Registere6 Office & Factory:

ll2-ll;, Phase V, Hattar Industrial Estate Hattar, District Haripur, Khyber Pakhtunkhwa Tel: +A2 AAц 6l??20 & 2;, 6l?;4?, Fax: +A2 AAц 6l?0?4, Web: https://www.ecopack.com.pk

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