Loads Ltd.PSX: LOADS

Financial Results for the Year Ended 30 June 2025

Sep 24, 2025 at 3:25 AM UTC · Issued by Loads Ltd.

Loads Limited

Manufacturers of Automotive Radiators, Exhaust Systems & Sheet Metal Components

Plot No. DSU-19, Sector II, Pakis1an Steel Estate, Bin oasim, Karachi 75010, Pakistan.

Tel: (92-21) 34740100/03028674683-9

E-mail: loads@cyber.net.pk Website: https://www.loads-group.pk

The General Manager

Pakistan Stock Exchange Limited

Stock Exchange Building. Stock Exchange Road, Karachi

ISO

i ‹

September 23, 2025

Financial Results for the Year Ended June 30, 2025

We have to inform you that the Board of Directors of our Company in their meeting held on Tuesday, September 23, 2025 at 12:30 pm, Karachi, considered the financial results of the Company for the year ended June 30, 2025 and recommended the following:

CASH DIYIDEND: NIL BONUS SBARES: NIL

RIGHT SBARES: NIL

The consolidated and unconsolidated financial results of the Company are attached as Annexure A and B respectively.

The Annual General Meeting (AGM) of the Company will be held on Friday, October 24, 2025 at 10:00 am at Karachi.

The Share Transfer Books of the Company will be closed from October 17, 2025 to October 24, 2025 (both days inclusive). Transfers received at the Office of our Share Registrar Mls. Central Depository Company of Pakistan Limited situated at CDC House, 99-B, Block "B", S.M.C.H.S., Main Shahrah-e-Faisal, Karachi, at the close of business on October 16, 2025 will be treated in time for the purpose of above entitlements to the transferees.

The Annual Report for the year ended June 30, 2025 will be transmitted through PUCAR 21 days before the date of AGM.

Thanking you, Yours' faithfully,

for Loads Limited

Bnber Saleeai

Company Secretary

Cc: Executive Director/HOD Offsite II Departaient - Supervision Division,

Securiñes and Exchaage Commission of Pakistan

LIC Building, 63 Jinaab Avenue, Blue Area, Islamabad

Annexure A

Non-current aaseta Properly. plant and equipment Intangible assets

@gt jgx

Note

2026

2024

(Rupeea) -

3.9TSR3,O04

129,105

23,243,390

8,2S7,B72

7,996,002

3,877,476,6d1

3,949,362,481

St‹›res, spares and kx›se to0ts

27.2

61,202,267

55,261,IXi5

Stock-in-trade

799,237,682

067,692,659

Trade debts - net

737,830,369

771,620,582

Loans and advances

300,767,140

2J0,752!,150

Due from related party

1,160,380

1.150.380

Deposits, prepayments and olher receivabbs

170,100,430

1g6,746,077

TaxB+on - net

348,04Z,217

392.t80,952

Short-Ann inveciments

t3,0S2,416

I 1,952,884

36,611,411

81 274 041

2,460,110,508

2,688.630.790

Total assets

6,337,686,047

6,637,993,271

4tAl.QXLQXi ordinary shares of Rs.10 each

Stiefs proniim

18 2,612,600,000

1,070,065,433

2,512,500,fXX)

1,070,£ i5,433

20,851

(376,853 393)

Long term bans

20.1

25.1

25.2

3,¥63,166,46B

2,62g,889,871

3,205,932,891

(zs3, ,‹m)

2.452,928,791

3b,187.S39

17,634,377

494,627 g60

548,467,1B1

8,d38,7Z6	9,836,492
61t,4g3,O1T	378,284,826
774,9dd,178	978,7fB,943
1,d06,6d6,90d	1,347,323,7fXl
22,0d8,87t	22,048,871
964,47B,9M	8IXI,866.924
3,009,772	3,514,025
62,d32,618	@,035 518

3,743,823,937 3,636,597,209

6,637,993.271

Th ax›ex rotas frxrti 1 ti 44 fonn an integral part of these consogdated financial statements

Consolidated Statement of Profit or Loss For the year ended 30 June 2025

Note

2026 2024

-{Rupees)--

Revenue - net

6,032,903,276

4,490,363,976

Cost of revenue

(4,713,690,243)

(3,674,601,563)

Gross pro0t

1,319,213,033

815,762,413

Ai ninistratiye, se0ing and geneml expenses

(376,131,213)

(295,856,200)

Impairment of property, plant and equipment

6.2 1

(291,318,612)

Qher expenses

(61,358,336)

(33,182,112)

€Rher inco‹me

186,3d8,672

1,117,355,278

Oparating profit

1,067,072,156

1,312,760,767

Fzsrxe costs

(480,758,564)

(803,771,579)

Gain on duposd in investment in associate

36,584,052

Profit bdbre revenue taxes and Income taxes

586,313,592

545,573,240

32.1

(1,856,969)

(700,377)

584,457,623

544,8T2,863

(497,409,634)

(254,%2,787)

(6,192,198)

(2,753,100)

(502,601,832)

(257,615,887)

81,866,791

287,256,976

283,150,275

665,741,695

(181,2S4,484)

(378,484,719)

8t,855,791

287,256,976

2.65

Loads Limited

Consolidated Statement of Changes in Equity

For the year ended t0 June 2025

Attributable to owners of the Parent Company

Share capital

Capital reserve

Revenue reserves

Issued, subscribed

and ptid up

Share premium

Fair yaIue Unappropriated reserve profit / (loss)

Total

Non controlling Interests

Total equlty

----- - -- --- -- - (Rupees) ------------------------------------

@ltnce at 1 July 2023

Total comprehensive income

for the yetr erdcd 30 June 2024

Profit (Ass) for De year

Ctange ir fair value of mug iwstnents dFVOCI - in of to

Traof9f rerl8SSlC6ti0fi 0f F/0CI

Bdzncc u 30 June 2024

Told conpreMndve income

br 6a year ended 30 June 202f

Poh. )TorWe leaf

Chage u far of ajury i enb at F'/0CI - olLe

2,512,5@,000 1.0/0.@5.433 (1,787,/96) (1,040.322.294) 2,540,455,343 (3/4,519,381) 2,165,935,962

565./41.b°95

b'65 741,695

(t78,484,719)

28? 2S6,976

(2M6O

(4,49)

1,813 138

(J.813. t18)

1,808,647 663.6h'8,901 665,4?7,548 (378,484,719) 286,992,829

2,fi12,500,000 1,070,06S,433 20,851 (376,6fi3,393) 3,20S,9J2,891 (763,004,100) 2,4S2,928,791

(5,902,501)

2,512,500,000 1,070,065,433 28,641 (119,405,619) 3,463,188,4S5 (934,298,B4) 2,528,889,871

ConaoBdatad Statement of Cash Flows For the yaar endad 30 June Z025

case mows rRou opeenzoic acwiyxs

Profit before income taxes

P‹ansionfor obsolescence and sbw mowing st‹›cks - net Finance costs

Finance k›ase charges Provision for gravity

Gain on dsposal of property, plant and equipment Gain on disposal in investment in associate Impairment of property, pBnt and equipment Mark-tgi k›come on saring account

DtVderd income

hark-up income on bans to empk›yees lncaT›e on irf¥estment in PIB

Payments k a‹xniis4›on of png›erty, pBnt arxl equipment Proceeds fran disposal of fxzs›erty and equ#xnent

on PIB

Note

6.1

10.1

21.4

8.1.7

2025 2024

(Rupeee

6B6,313,692 S45,573,240

66,920,889	75,tXi5,266
129,105	1,375,200
(26,279,328)	5,749,728
447,032,001	769,755,338
3,673,465	6,705,758
6,120,098	5,863,6M
(166,627,145)	(1,058,827,210) (30,584,052)
	291,3t8,612
(250,162)	(711,215)
(76,930)	(1,317,244)
(1,149,189)	(353,876)
	(282,115)

916,S0Y,896 603,331,052

4,058,798	11,415,260
194,734,t00	80.880,298
33,790,Z23	(346,967,198)
(90,296,960)	(103,117,150)
26.549,642	(60,661,826)

168,836,808 (418,470,622)

50,213,204 439,129,543

t,143,€67,908 823,985,973

(14,060,000)	1,029,112
1,t49,189	353.876
(466,126,817)	(249,424.448)

676,830,280 375,948,513

(5Z,081,665)	(31,726,015)
220,561,257	1,315,693,627 102,535,752
	282,115
260,162	7t1,215
76,930	1,317,244

168,206,684 1,38B,813,938

(16,669,674)	(14.934,154)
33,M0,000	414,QX),fXX)
(381,6d0,689)	(656,222,330)
(6Z,dB7,174)	(225,441,10g)
(335,911,313)	(517,055,143)

(745,d83,003) (1,039,652,736)

98,6d2,961 725,100,715 (367,021,9d¥) (1,f)92,131,660)

AnnexureB

LOADS MMITED

UNCON SOLIDATED STATEMENT OF FINANCIAL POSITIOhI AS AT JUNE 30. 2025

AS SETS

Note

2025

--- -- (Rupees) --

2024

Non-current assets

Property. plant and equipment

518, 114,81 1

Intangible assets

129.105

Long-term investments

300,000,000

Long-term loans

8,287,872

7,996,902

Deferred lax assets

1,607,878,106

1,4 12,616,912

2,375,039,882

2,238,857,730

Current assets

Stores spares and loose tools

27.2

43,626,668

51,327,421

Stock-in-trade

799,237,882

967,692,659

Trade debts - net

10. 1

737,830,359

771,620,583

Loans and acfvances

294,920,397

200,102,158

Deposits prepayments and other receivables

163,558,605

191,388,870

Due from related parties

2,871,657,831

2,386.000,706

Taxation net

266,924,856

349,534,206

Short-term. in'zestrnents

13,082,415

11,952,884

Cash and bani‹ *alanc es

13,665,108

55,453,025

5,194,504,121

4,985,072,512

Total assets

7,569,544.003

7,223.930.242

EQUITY AND LIABILITIES

Share capital and reserves

Authonsed capital

400 000 00'3 ord'nary shares of Rs. 10 each

4,000,000,000

4007000,000

Is?ue suñ?c ›er' srd paid-up capital

2,512,500,000

Snare prerniu>

1,070,065,433

Fair value reserv=.

28,641

(173,413,521)

Unappropr+ated profrt

734,713,137

420,235,226

4,317,307,211

3,829,387,138

LIABILI TIE S

Non-current liabilities

Lon9-‹em loans

25,S48,465

63,915,275

Lease Ja0iI8.es

19. 1

4,136,435

17,634,377

Defined enefi* os igation net

35,187,339

36.204,835

64,872,239

117,754,487

Current liabilities

Current maturity of lease liabilities

19 1

8,438,725

9.836,492

Current porhon of Eng-term k›ans

80,720,323

164,590,950

Short-term borro sings

774,944,178

978,706,943

Due to rotated paroes

964,479,964

804,866,924

T° e arC orher 3a vables

1,317,622,471

1 257,280,94B

3,509,772

3,514,025

37,649,130

57,992,335

3,187,364.553

3,276,788,617

Tots! equity and liabilities CONTINGENCIE S AND COMMITMEN TS

7.569.564.003

7,223,930,24 2

LOADS LI IITED

UNCONSOUDATED STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED JUNE 30, 2025

2025

2024

Note

(Rupees) --

---

Roeoue frs contracts with customers - net

6,032,903,276

4,490,363,976

(4,696,207,287)

(3,611,841,683)

Gross przKit

1,337,695,989

878,522,293

MmTNs#a#e,setngandgenemlepensss

(339,501,672)

(257,079,898)

948,194,317

621,442,395

ECL against ban & rnarI‹up to subsidiary - HAWL

24.1.1

(536,020,211)

(1,519,581,734)

Qher eq›enses

(60,909,299)

(33,169,7%)

Qler income

769,0d7,289

1,815,589,538

1,1@,312,096

884,280,439

F au›ce cods

(393,343,947)

(627,580,222)

Profit before income taxes

796,968,149

2S6,7IXI,217

(497,409,634)

(2t3,242,356)

195,662,998

813,128,2@

(301,746,636)

569,@5,850

445,2Zt,613

826,5tB,IXI7

1.97

3.29

LOAOS LATED

UNCONSOLOATED STA NT OF CHARGES IN EQUITY FOR THE YEAR ENDED JUNE 30, 2025

Share capital CalfialResenc Revenuerecswes

Issued, Share Fair value Unappropriated Total subscribed premium reserve profit/(loss) equity and paid up

- (Rupees) --

Bdznca as at July 01, 2023

Profd for the year

2,512,500,000 1,070,%5,433 (127,708,330) (484,491,558) 2,970,365,545

826,586,%7 826,586,067

C ge in fair vdue of equity

in z »enb d FVOCI - net of tax

Re-«nasurerront (bss) on

defined benefit obtgation - net of tax on disposal of shares in associate

-T OopxWksUm

Truslbr/ recBsstMation of i«wsBr›ent FVOCI igen disposal

Taluk cazpr income tells year ended June 30, 2024

naie‹o» re«

Change in fair value of equity

g FVOCI - net of tax

2,512,500,000 1,070,065,433

(4,435)		(4435)
	(4,144,091)	(4,144,091)
36,584,052		36,584,052
91,149,564	(91,149,564)

127,729,181 (95,293,655) 32,4M,526

127,729,181 731,292,412 859,021,S93

a,»1 x4s,se,es4 a,ao,u7,1u

(7,309,230)

495,221,613 496,221,613

7,790 (7,309,230) (7,301,dd0)

7,7N d87,91 487,020,073

26,641

734,713,137 4,317,307,211

LOADS UNITED

UMCONSOLJDATED STATEMENT OF CASH FLOWS POS THE YEAR ENDED JUNE 30, Z02S

Note

2026

(Rupees)

2024

CASH FLOWS FRO0g OPERATING ACTIVITIES

Profg before inccxm taxes

796,908,149

256,700,217

6.1

02,685,924

129,105

1,375,200

(Reversal) / Pr‹wision for obsolescence and sbw moving stock - net

9.1

(26,279,328)

5,749,728

Finance costs

369,617,384

593,563,981

Finance lease charges

3,d73,066

6,705,758

ECL against k›an & markup to subsidiary - HAWL

636,020,211

1,519,581,734

Current service cosB

21.2.3

6,120,008

5.863,622

Gain on d q>asizl of property, pbint and equipment

(16¥,627,14B)

(1,057,193,955)

Dividend income

(75,930)

(1,317,244)

Mark-up inc‹xne on ban to ernpbyees

(1,072,272)

(336,637)

Mark-up income on ban to subsidiaries

(724,758,492)

Unreagzal (gain) on re-measurement of investment classified as at FVTPL

31 & 15.1

(1,116,761)

(1,616.801)

968,663,696

667,003,035

Worglng capital changes

(Increase) in current assets

S¥xes, spares and bose toob

(3,839,286)

104,734,106

(346,567,199)

(96,109,209)

(122,991,981)

(291,329,673)

13,268,759

Deposits, prepayments and roller receivables

27,830,265

(59,408,700)

lrx›zease in current liabilities

(122,383,435)

(439,078,111)

Tn Ie arm cgi+er payab¥›s

76,670,603

44B,24B,342

674171,WB

(2,855,323)

1.072,272

330,637

(15,329,070)

(404,800,284)

(232,384.883)

439,267,697

CASt•l FLOWS reou iwzszn+s ACTIVITIES

Payments for acquisition of property, plzmt arxl equiprt›eut and intangibles

(60,315,020)

(26,001,463)

Proceeds fr‹xu d•sposol of property, pI+snt and equipment

Ptaclx¥se of investment in miflual fur¥ls

Z20,061,267

1,314,043,627 (9,550,QXI)

(67,674,504)

1IX/,845,801

75,930

81,084

170,712,167

1,391,144,515

CASf4 FLOWS FROM FlMANCBiG AC3TVITIES

(18,569,674)

(14,934,154)

(4,263)

(13,750)

L¥ing ENm bons pa+d during ¥e year - net

(1ZZ,Z37,d37)

(172,979,578)

(501,574,321)

414,fXI0,000

30,401,QX)

(100,706,361)

(650,167,350)

(62,457,174)

(229,885.063)

(6d6,938,16d)

(1,119,154,122)

99,617,674

711,258,000

(392,8d2,901)

(1,104,101,051)

(Z9d,326,287)

(392.842,081)

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