Elahi Cotton Mills LimitedPSX: ELCM

Financial Results for the 3rd Quarter

Apr 29, 2025 at 6:53 AM UTC · Issued by Elahi Cotton Mills Limited

Elatni Coxtozi Mills Limice4

270, Sector 1-9/3, Industrial Area, Islamabad. (Pakistan)

Phone : +92 51 4433451-4

ECM/Secy/25/				April 29, 2025
The General Manager,
Pakistan Stock Exchangc Limited, Stock Exchange Building,
Stock Exchange Road, KARACHI.
RE: FINANCIAL RESULTS	3'D	QUARTER	UN-AUDITED	FINANCIAL

STATEMENTS FOR THE PERIOD ENDED MARCH 31. 2025.

Dear Sir,

We have to inform you that the Board of Directors of our Company in their iiieeting licld on April 29, 2025 at 10:00 a.m. at 270-Sector I-9, Industrial Area, Islamabad recommended the following:

CASH DI V I D EN D:
BONUS SH A RES:
RIG HT SHA R ES:
Nil N il N il
ANY OTH ER ENTITLE M ENT/CORPORAT E ACT ION: N il
ANY OTH E R PR IC E-SENS ITI VE I N FORM ATION: Nil
In compliance to Notice No. PSX/N-062 dated January 10, 2025, we enclose herewith the following:
- Condensed Interim Un-Audited Financial Results
  (Statement of Profit or loss)
- Condensed Interim Un-Audited Statement of Financial Position
- Condensed Interim Un-Audited Statement of Cash Plows
- Condensed Intei irn Un-Audited Statement of Changes in Equity

The 3" quarter Report of the Company for the period ended March 31 2025 will be

transmitted through PUCARS separately.

Yours faithfully,

for Elahi Cotton Mills Limited.

( MA .AHI

Chief Executive

MILLS : Mandra, Tehsil Gujar Khan, District Rawalpindi.

E-mail: elahicotton@gmail.com | Website: https://www.eIahicotton.com

ELAHI COTTON MILLS LIMITED

CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION (UNAUDITED) AS AT 5'fARCH 31, 2025

ASSETS

MARCH 31, JUNE 30,

2025 2024

Rupees Rupees

NON CURRENT ASSETS Operating fixed assets	173,529,656	177,892,062
Long term security deposits	918,810	918,810
Loans and advances	6,059,750	5,052,750
	180,508,216	183,863,622
CURRENT ASSETS
Stores spares and loose tools	4,127,858	3,939,143
Stock in trade	38,338,642	33,181,882
Loans and advances	1,597,929	514,008
Trade debts	52,935,228	19,982,867
Short term prepayments	112,437	374,305
Short term investment	666,377	598,335
Prepaid levy	3,203,690	3,001,431
Cash and bank balances	13,375,752	13,835,204
	114,357,913	75,427,175
TOTAL ASSETS	294,866,129	259,290,797
EQUITY AND LIABILITIES
SHAM CAPITAL AND RESERVES Share Capital	13,000,000	I 3,000,000
Revaluation surplus on property, plant and
equipment	139,080,926	141,098,316
Accumulated loss	(50,450,733)	(69,609,891)
	101,630,193	84,488,425

NON CURRENT LIABILITIES

Staff Retirement Benefits - Gratuity

34,105,858

32,658,401

Financial liabilities

913,263

3,625,154

35,019,121

36,283,555

CURRENT LIABILITIES

Trade and other payables

43,591,751

31,647,392

Current portion of long term loan from directors

60,829,471

61,329,471

Finariical liabilities

5,427,922

5,924,283

Short term loan from directors

48,100,000

39,350,000

Unclaimed dividend

267,671

158,216,815

138,518,817

CONTINGENCIES AND COMMITMENTS

TOTAL EQUITY AND LIABILITIES

294,866,129

259,290,797

CHIEF EXECUTIVE DIRECTOR CHIEF FINANCIAL OFFICER

ELAHI COTTON MILLS LIMITED

CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UNAUDITED) FOR THE 3RD QUARTER ENDED MARCH 31, 2025

9 MONTHS July 1, 2024		9 MONTHS July 1, 2023	QUARTER ENDED	QUARTER ENDED
Merch 31, 2025		March 31, 2024	Msrch 31, 2025	March 31, 2024
Rupees		Rupees	Rupees	Rupees
Sales (Net)	779,426,726	726,830,976	235,259,912	252,072,572
Cost of sales	738,099,525	713,070,092	226,900,128 249,508,971
Gross Profit	41,327,201	13,760,884	8,319,784	2,563,601
Administrative expenses	(12,613,949)	(12,157,309)	(4,020,964)	(4,444,667)
Selling and distribution expense	(1,776,500)	(t,l48,100)	(546,000)	(443,000)
Other operating charges	(224,669)	(506,382)	(53,328j	(99,850)
	(J 4,6t5,t t8)	(13,81 1,791)	(4,620,292)	(4,987,517)
Operating proFtt / (loss)	26,712,083	t50,908)	3,739,492	(2.423,917)
Other income	311,260	294,444	232,783	5,315
Financial charges (134,851) (329,005) (26,329) (79,58 I)
Profit / (loss) before income tax and minimum tax	26,888,492	(85,469)		3,945,946	(2,498,183)
Minimum tax	(9,746,725)	(9,089,068)		(2,944,640)	(3,150,974)
Profit / (loss) before income tax	17,141,767	(9,174,537)		1,001,306	(5,649,157)
Income tax		(372.301 )		293,507	214,886
Profit /(Loss) after taxation	17,141,767		(9,546,837)	f,294,813 (5,434,270)
Earning /(Loss) per share	t3.t9 (7.34)		1.00	(4.18)

CHIEF EXECUTIVE DIREC'TOR CHIEF FINANCIAL OFFICER

ELAHI COTTON MILLS LIMITED

CONDENSED INTERIM STATEMENT OF CASH FLOWS (UNAUDITED) FOR THE PERIOD ENDED MARCH 31, 2025 (UN-AUDITED)

CASH FLOWS FROM OPERATING ACTIVITIES

March 31, 2025 March 31, 2024

Rupees Rupees

Net Profit /(Loss) before taxation Adjustment for:

Depreciation Provision for gratuity Profit on investment Financial charges

Profit before working capital changes Changes in working capital: Decrease /( increase) in current assets

Stock in trade

Stores, spares and loose tools Trade debtors

Loans, advances and other receivables (Decrease) / increase in current liabilities Creditors, accrued and other liabilities

Financial Liabilities

Cash generated from operations Financial charges paid

Income tax paid Gratuity paid

Net cash generated from/(used in) operating activities CASH FLOWS FROM INVESTING ACTIVITIES

Loan and advances Short Term Investments

Bank Protit received Purchase of fixed assets

Net cash generated from/(used in) investing activities

CASH FLOWS FROM FINANCING ACTIVITIES

Rcpayment of current portion of' long term loan lrom directors Short term loan from directors

Net cash generated from financing activities

Net increase/(decrease) in cash and cash equivalents Cash and cash equivalents at the beginning of'the period Cash and cash equivalents at the end of' the period

CHIEF EXECUTIVE

DIRECTOR

26,888,492

5,512,406

8,869,607

(95,910) 134,851 14,420,954 (5,156,760)

(188,715)

(32,952,361) (822,053)

I1,944,359

(3,208,252) 41,309,446 (30,383,782)

(134,851)

(9,948,984)

(7,422,150) 10,925,664

(17,505,985)

(6,580,321) (1,007,000) 27,869

(1,150,000)

(2,129,131) (500,000) 8,750,000 8,250,000

(459,452)

13,835,204

75 7 2

(85,468)

5,005,971

7,135,347

329,005

12,470,323

12,384,855

(14,785,258)

(909,608)

(10,838,362)

(602,073)

23,235,176

(3,900,125)

8,484,730

(114,008)

(9,778,444)

(2,342,200)

(12,234,652)

(3,749,922)

(1,045,500)

(40,470)

(15,881,980)

(16,967,950)

(431,743)

15,500,000

15,068,257

(5,649,615)

12,861,216

7,211,601

CHIEF FINANCIAL OFFICER

ELAHI COTTON MILLS LIMITED

CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UNAUDITED) FOR THE 3RD QUARTER ENDED MARCH 31, 2025

Share Capital

Capital

Reserve

Revenue

Issued subscribed and Paid up Capital

Revaluation

surplus on Accumulitted property, plant Loss

and equipment

Rupees

Total

Balance as at July 01, 2023	13,000,000	134,831,533	(44,886,434)	102,945,099
Total comprehensive income for the period: Loss for the period			(9,546,837)	(9.546,837)
Transfer from revaluation surplus on property, plant and equipment
on account of incremental depreciation-net of deferred tax		(1,585,297)	1,585,297
Balance as at March 31, 2024	13,000,000	133,246,236	(52,847,974)	93,398,262
Balance as at July 01, 2024	13,000,000	1 41,098,3 16	(69,609,890)	84,488,426
Total comprehensive income for the period:
Income for the period			17,141,767	17,141,767
Transfer from revaluation surplus on property, plant and equipment
on account of incremental depreciation-net of deferred tax		(2,017,390)	2,017,390	-
Balance as at March 31, 2025	13,000,000	139,080,926	(50,450,733)	101,630,193

CHIEF EXECUTIVE DIRECTOR CHIEF FINANCIAL OFFICER

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