AL!1-1A•9AI3A'N I
S ug a r Mi 1.1s L i mite d
Stock fixcliangt' Dtiildnag Stock Exchante Il‹iad
SUBJECT: FINANCIAL RESULTS FOR TH E YEA R FNDED SEPTEMBER 30, 202S
Dear Sir,
’‹ 1 ve to inform you that the Board of Directors of our Company in their mccung held on Friday , Det ember 26, 2025 at 1.1.00 a ni at 125-B, Quaid-e- izam Industrial Estate, °* LakhPat, I-ahorc, °* rectimiccriclcd thc follocang
(i) | CASH DFVIDEND | NIL |
(ii) | BONUS SHARES | NIL |
(iii) | RIGHT SHAREiS | NIL |
(i› ) | ANY OTHER ENTITLEMENT/ CORPORATE ACTION | NIL |
(v) | ANY OTHER PRICE SENSITIVE INFORMATION | NIL |
The A tinual drifted Financial Statements for the year ended 30-Sep-2025 along ninth Statement of Compreliensr e Income, Statement of FmanciN Position, Statement of Changes in Equit) and Statement of Cash flows of the Comp any are attached herewith.
The .Annual General I.feeting of the Company will be held on Wednesday, January 28, 2026 at 11.00 at the registered of1ce, 125-13, for x d-e-hz am Industrial Estate, Kot Laklipat, Lahore.
The share transfer books or the Company sA be closed from 21-January-2026 to 28-January-2026 (both days inclusive). Transfers reccn ed at the Corplmk Prn•ate Limited, Vings Arcade, 1-IQ Commercial I todel Town, Lahore at the close ot business on 20-Januuary-2026 will be treated in time for the purpose of above enudenient to the transPerces
1 2S-B, Gcrte No. 4,
Quoid-e-Azom Industnol Estcrte. Kot Lnkhpot, Lohore
Pohston
Tel . + 92.42.3821.3491 Fm : + 92.42.3521.3490
j AU HA kA BAD SUGAR MILLS LIMITED
W e b : w w w . j s m 1 . c o m . p k
Iflits: Jouhoiobod District Khushob Pokiston.
Tel : +92454720063.66
Fox: +924S4 720880
AUHARABAD
Sug a r Mi I I s Li m ited
The Annual Report of die Company will be transrruttcd through PUCARS atleast 2i days before holchnp r›f Annual General fleeting
Thanking you,
Yours faithfully,
For Jauharabad Sugar h4i11s Limited
any Secretary
C.C
Executive Director/HOD,
O ffsite-II Deparnnent, Supervision Division,
Securities & Exchange Commission of Palustan,
63-NIC Budding, Jinnah Avenue, Blue Area, Islamabad.
125-B, Gote No. 4.
Quoid-e-Azom Industrial Estote. Kot Lokhp
Tel + 92 42 3S2l 3491
F‹zx . +92 42 3521 3490
JAU HA RABAD SUGaa oiLLS LIMITED
Jouhorobod
District l£hitshob ’
Tel : +92 454 720 063-66
r : +g2 t54 720 880
Non-current assets | |||
Property, plant and equipment | 5 | 11,483,849,818 | 10,272,237,185 |
Intangible assets | 6 | 23,406 | 34,934 |
Long-term deposits | 7 | 5,257,309 | 5,257,309 |
Current assets | 11,489,130,533 | 10,277,529,428 | |
Stores, spare parts and loose tools | 8 | 184,254,261 | 194,302,810 |
Stock-in-trade | 9 | 1,153,078,002 | 2,902,289,704 |
Loans and advances | 10 | 385,357,555 | 315,758,748 |
Trade debts | 11 | 1,237,404,524 | 53,027,788 |
Trade deposits and short term prepayments | 12 | 166,542,927 | 155,885,109 |
Other receivables-unsecured considered good | 13 | 19,690,872 | 22,220,756 |
Tax refunds due from the Government | 14 | 235,573,259 | 186,811,325 |
Short term investments | 15 | 87,862,968 | 14,861,932 |
Cash and bank balances | 16 | 396,938,044 | 221,488,103 |
Current liabilities | 3,866,702,412 | 4,066,646,275 | |
Trade and other payables | 17 | 541,249,355 | 1,177,344,911 |
Unclaimed dividend | 1,783,927 | 1,796,657 | |
Accrued mark-up | 18 | 98,681,098 | 117,885,795 |
Short term borrowings | 19 | 2,843,204,543 | 2,702,235,676 |
Current portion of: | |||
-Liabilities against assets subject to lease-secured | 20 | 22,000,000 | 603,227 |
Provision for taxation | 21 | 167,227,602 | 100,956,359 |
Working capital employed | 3,674,146,525 192,555,887 | 4,100,822,625 (34,176,350) | |
Contingencies and commitments | 22 | 11,681,686,420 | 10,243,353,078 |
Non-current liabilities | |||
Liabilities against assets subject to lease-secured | 20 | 82,500,000 | 790,445 |
Deferred liabilities | 23 | 930,529,502 | 900,644,947 |
1,013,029,502 | 901,435,392 | ||
Net capital employed | 10,668,656,918 | 9,341,917,686 |
Statement of Financial Position
As at September 30, 2025
2025 2024
Note Rupees Rupees
Represented by: | |||
Share capital and reserves | |||
Share capital | 24 | 341,284,530 | 341,284,530 |
Capital reserve - share premium | 372,402,633 | 372,402,633 | |
Loan from sponsors | 25 | 1,345,635,718 | 1,383,835,718 |
Revenue reserve - Accumulated profits | 1,447,720,711 | 1,081,199,128 | |
Revaluation surplus on property, plant and equipment - net of tax | 26 | 7,161,613,326 | 6,163,195,677 |
10,668,656,918 | 9,341,917,686 |
Statement of Profit or Loss
For the year ended September 30, 2025
2025 2024
Note Rupees Rupees
Sales - net | 27 | 10,727,499,449 | 7,996,451,611 | |
Cost of sales | 28 | (9,245,826,719) | (6,987,145,562) | |
Gross profit | 1,481,672,730 | 1,009,306,049 | ||
Distribution cost | 29 | 54,956,104 | 24,165,731 | |
Administrative expenses | 30 | 270,167,599 | 237,693,028 | |
(325,123,703) | (261,858,759) | |||
Operating profit | 1,156,549,027 | 747,447,290 | ||
Finance cost | 31 | (649,713,459) | (949,094,324) | |
Other income | 32 | 41,497,446 | 173,574,207 | |
Other expenses | 33 | (91,743,114) | (5,333,597) | |
Profit/(Loss) before taxation and levy | 456,589,900 | (33,406,424) | ||
Levy | 4.5 & 34 | (71,359,057) | (86,087,638) | |
Profit/(Loss) before taxation | 385,230,843 | (119,494,062) | ||
Taxation | 34 | (135,218,404) | 121,373,892 | |
Profit after taxation | 250,012,439 | 1,879,830 | ||
Earning per share - basic and diluted | 35 | 7.33 | 0.06 | |
Statement of Other Comprehensive Income
For the year ended September 30, 2025
2025 2024
Note Rupees Rupees
Profit after taxation | 250,012,439 | 1,879,830 | |
Other comprehensive income for the year | |||
Items that will not be subsequently | |||
reclassified in profit or loss (net of tax): | |||
Surplus on revaluation of property, plant and equipment | 26.1 | 1,114,926,793 | - |
Total comprehensive income for the year | 1,364,939,232 | 1,879,830 |
Statement of Cash Flows
For the year ended September 30, 2025
2025 2024
Note Rupees Rupees
Cash flow from operating activities Profit/(Loss) before taxation and levy Adjustments for: | 456,589,900 | (33,406,424) | |
Depreciation | 5.1.1 | 332,486,699 | 308,438,997 |
Amortization | 6.3 | 11,528 | 17,207 |
Balances written-off | 57,764,335 | - | |
Gain on foreign currency transaction | (783,507) | - | |
Provision for Workers' Welfare Fund (WWF) | 33 | 9,318,161 | 5,324,758 |
Provision for Workers' Profit Participation Fund | 33 | 24,660,618 | - |
Finance cost | 31 | 649,713,459 | 949,094,324 |
Expected credit loss | 30 | 121,503 | 4,823,935 |
(Gain)/loss on disposal of property, plant and equipment | 5.1.5 | (16,603,722) | (2,934,941) |
1,056,689,074 | 1,264,764,280 | ||
Operating profit before working capital changes | 1,513,278,974 | 1,231,357,856 | |
Working capital changes | |||
Stores, spare parts and loose tools | 10,048,549 | 104,190,049 | |
Stock-in-trade | 1,749,211,702 | (1,377,594,604) | |
Loans and advances | (69,598,807) | (21,421,026) | |
Trade debts | (1,241,479,067) | (52,282,165) | |
Trade deposits and short term prepayments | (10,657,818) | (72,034,336) | |
Other receivables-unsecured considered good | 2,529,884 | - | |
Trade and other payables | (668,741,313) | 301,153,105 | |
Unclaimed dividend | (12,730) | 156,957 | |
(228,699,600) | (1,117,832,020) | ||
Cash generated from operations | 1,284,579,374 | 113,525,836 | |
Tax and levy paid | (163,043,821) | (163,414,548) | |
WPPF paid | (1,446,811) | (14,012,520) | |
Finance cost paid | (664,517,343) | (928,932,920) | |
(829,007,975) | (1,106,359,988) | ||
Net cash generated/(used in) from operating activities | 455,571,399 | (992,834,152) | |
Statement of Cash Flows
For the year ended September 30, 2025
Note 2025 2024
(Rupees) (Rupees)
Cash flow from investing activities | |||
Purchase of property, plant and equipment | (320,279,884) | (768,575,607) | |
Sale proceeds from disposal of property, plant and equipment | 49,995,641 | 5,730,859 | |
Long term deposits | - | (2,166,667) | |
Net Cash used in from investing activities | (270,284,243) | (765,011,415) | |
Cash flow from financing activities | |||
Lease rentals paid - net | (39,605,046) | (2,095,262) | |
Dividend paid | - | (34,128,453) | |
Proceeds from/(to) Sponsors' loan - net | (38,200,000) | 509,238,040 | |
Net cash used in financing activities | (77,805,046) | 473,014,325 | |
Net increase/(decrease) in cash and cash equivalents | 107,482,110 | (1,284,831,242) | |
Cash and cash equivalents at the beginning of the year | (2,465,885,641) | (1,181,054,399) | |
Cash and cash equivalents at the end of the year | (2,358,403,531) | (2,465,885,641) | |
Cash and cash equivalents comprise of following statement of financial position amounts: - Short term investments | 15 | 87,862,968 | 14,861,932 |
- Cash and bank balances | 16 | 396,938,044 | 221,488,103 |
- Short term borrowings | 19 | (2,843,204,543) | (2,702,235,676) |
(2,358,403,531) | (2,465,885,641) | ||
Jauharabad Sugar Mills Limited Statement of Changes in Equity
For the year ended September 30, 2025
Share Capital
Capital Reserves Revenue Reserve
Issued, subscribed and paid-up capital
Share Premium
Revaluation surplus
Accumulated
Profits
Loan from sponsors
Total
----------------------------------------------------------------(Rupees)-------------------------------------------------------------------------
Balance as at October 01, 2023 | 341,284,530 | 372,402,633 | 6,276,499,642 | 1,000,143,786 | 874,597,678 | 8,864,928,269 |
Repayment of loan during the year | - | - | - | - | (61,000,000) | (61,000,000) |
Loan received during the year | - | - | - | - | 570,238,040 | 570,238,040 |
Dividend paid at Rs.1/- per share | - | - | - | (34,128,453) | - | (34,128,453) |
Profit after taxation | - | - | - | 1,879,830 | - | 1,879,830 |
Other comprehensive income for the year | - | - | - | - | - | - |
Total comprehensive income for the year | - | - | - | 1,879,830 | - | 1,879,830 |
Transfer of incremental depreciation (net of tax) | - | - | (113,303,965) | 113,303,965 | - | - |
Transfer of revaluation surplus balance of disposed assets | - | - | - | - | - | - |
Balance as at September 30, 2024 | 341,284,530 | 372,402,633 | 6,163,195,677 | 1,081,199,128 | 1,383,835,718 | 9,341,917,686 |
Balance as at October 01, 2024 | 341,284,530 | 372,402,633 | 6,163,195,677 | 1,081,199,128 | 1,383,835,718 | 9,341,917,686 |
Repayment of loan during the year | - | - | - | - | (382,400,000) | (382,400,000) |
Loan received during the year | - | - | - | - | 344,200,000 | 344,200,000 |
Dividend paid at Rs.1/- per share | - | - | - | - | - | - |
Profit after taxation | - | - | - | 250,012,439 | - | 250,012,439 |
Other comprehensive income for the year | - | - | 1,114,926,793 | - | - | 1,114,926,793 |
Total comprehensive income for the year | - | - | 1,114,926,793 | 250,012,439 | - | 1,364,939,232 |
Transfer of incremental depreciation (net of tax) | - | - | (107,444,332) | 107,444,332 | - | - |
Transfer of revaluation surplus balance of disposed assets | - | - | (9,064,812) | 9,064,812 | - | - |
Balance as at September 30, 2025 | 341,284,530 | 372,402,633 | 7,161,613,326 | 1,447,720,711 | 1,345,635,718 | 10,668,656,918 |
Lahore:
December 26, 2025
Chief Financial Officer