Mandviwalla kSWDlf%i% Plastic Industries Limited
July 15, 2025
The eneral Manager,
Pakistan Stock Exchange Limited, Stock Exchange Building,
Stock Exchange Road, Karachi.
Subject: FINANCIAL RESULTS FOR THE QUARTER ENDED MARCH 31, 2025
Dear Sir,
We have to inform you that the Board of Directors of our Company in their meeting held on July 15, 2025 at 3:00 p.m, at its registered office situated at Mandviwalla Building, Old Queens Road, Karachi has approved the unaudited financial statements of the company for the third quarter ended March 31, 2025 and recommended the
following:
(i) | CASH DIVIDEND | NIL |
(ii) | BONUS SHARES | NIL |
(iii) | RIGHT SHARES | NIL |
(iv) | ANY OTHER ENTITLEMENT / CORPORATE ACTION | NIL |
(iv) | ANY OTHER PRICE SENSITIVE INFORMATION | NIL |
The financial results of the Company are attached
The quarter report of the company for the period ended March 31, 2025 will be transmitted through PUCARS seperately, within the specified time.
tru
Yours
Hina Ambreen
Company Secretary
Cc to : The Executive Director/HOD Offsite-11 Department, Supervision Divison,
Securities and Exchange Commission of Pakistan,
63, NIC Building,
Jinnah Avenue, Blue Area, Islamabad
Head Office Mandviwalla Building, Old @ueens food, Karachi-74000 Pakistan Factory : A-79/B, Eastern Industrial Zone, Port @asim Authority, Karachi Factory Uthal : C-5, Uthal Industrial Estate, Uthal Baluchistan, Pakistan.
Phone No. (92-21) 32441 l 16-9 (4 Lines) Fax (92-21) 324d1276
E-Mail mmpil@cyber.net.pk Website https://www.mandviwaIIamauser.com
Mandviwalla kSDWfg%il Plastic Industries Limited
CONDENSED INTERIM STATEMENT OF FINANCIAL POSTION AS AT MARCH 31, 2025
Unaudited March 31, | Audited June 30, | |||
2025 | 2024 | |||
Note | Rupees | Rupees | ||
ASSETS | ||||
NON-CURRENT ASSETS | ||||
Property, plant and equipment | 4 | 65,895,155 | 64,544,574 | |
Assets in bonds | ||||
Deferred taxation | 14,672,067 | 14,672,067 | ||
Long term deposits | 1,423,656 | 1,423,656 | ||
81,990,878 | 80,640,297 | |||
CURRENT ASSETS | ||||
Stores, spare and loose tools | t,518,68t | 2,374,131 | ||
Stock-in-trade | 5 | 145,602,888 | 150,354,272 | |
Trade receivables | 90,343,907 | 83,525,921 | ||
Other receivables | 85,058,673 | 113,848,933 | ||
Cash and bank balances | 6 | 17,631,503 | 11,865,782 | |
340,155,653 | 361,969,039 | |||
TOTAL ASSETS | 422,146,531 | 442,609,336 | ||
EQUITY AND LIABILITIES | ||||
REPRESENTED BY: | ||||
SHARE CAPITAL AND RESERVES | ||||
Authorized capital: 40,000,000(June 30,2024: 40,000,000) ordinary shares of | ||||
Rs.10/- each | 400,000,000 | 400,000,000 | ||
Issued, subscribed and paid-up capital Subordinated loan
Accumulated losses
NON-CURRENT LIABILITIES
287,481,330
115,714,528
(282,704,401)
120,491,458
287,481,330
115,714,528
(347,300,278)
55,895,580
Deferred liability
CURRENT LIABILITIES
Trade and other payables Unclaimed dividend Provision for taxation
Short term borrowings
29 5 240 29 6 3
56,547,770
2,208,846
22,104,840
191,228,377
91,235,399
2,208,846
24,613,100
239,033,278
29,565,240 29,623,133
7
272,089,833 357,090,623
TOTAL EQUITY AND LIABILITIES
422,146,531
442,609,336
Head Once Factory
Manaviwalla Building, Olo @ueens load, Karachi-74000 Pakistan.
A-79/B, Eastern Industrial Zone, Port @asim Authority, Karachi
Factory Uthal : C-S, Uthal Industrial Estate, Uthal Baluchistan, Pakistan.
Phone No.
(92-21) 3244llld-9 (4 Lines) Fox (92-21) 32441276
mmpil@cyber.net.pk Website https://www.mandviwolIamauser.com
ISO 9001 2000
"°
Mandviwalla kSDWtN$% Plastic Industries Limited
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS ACCOUNT (UNAUDITED) FOR THE NINE MONTHS AND THREE MONTHS ENDED MARCH 31, 2025
ouNi e ce h Q e ended
Saes-net
Note
March 31, March 31, March 31, March 31,
2025 2024 2025 2024
Rupees Rupees Rupees Rupees
829 832 6 3 0 050 299 185 479
Cost of goods sold
9 6 492 33 7 20 8 2 2 9 058) 248 057 468)
Gross profit / (loss)
145,411,623
132,345,373
80,550,992
51,128,011
Administrative expenses
Selling and distribution expenses
Other income
Operating profit/ (loss)
28,127,011
12,564,261
(40,691,273)
104,720,350
22,142,202
11,131,466
(33,273,668)
99,071,705
12,273,888
3,935,000
(16,208,889)
64,342,103
9,066,534
3,221,000
(t2,287,534)
38,840,477
Financial and other charges
Profii;/(loss) before taxation Taxaaon
3 740 24 ) 4 860 0 6 024 3 ) (4 9 973)
90,980,109 84,211,628 58,317,797 33,895,504
6 384 232) 24 421 373) 452 720) 5 867 632)
Profi((loss) for the period
Earnings per share - basic
64,595,877
2.25
59,790,2552.08
46,865,077
1.63
18,027,872
0.06
Head Oftce Factory
Manoviwalla Building, Ola @ueens load, Karachi-74000 Pakistan A-79/B, Eastern Industrial Zone, Port @asim Authority, Karachi
Factory Uthal : C-5, Uthal Industrial Estate, Uthal Baluchistan, Pakistan.
Phone No.
(92-21) 32441116-9 (4 LinesJ Fax (92-21) 32441276
mmpil@cyber.net.pk Website https://www.mandviwaIIamauser.com
Mandviwalla kSWWf%S3 Plastic Industries Limited
CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (UNAUDITED) FOR THE NINE MONTHS AND THREE MONTHS ENDED MARCH 31, 2025
Nine on hs ended Q a e Ended March 31, March 31, March 31, March 31,
2025 2024 2025 2024
Rupees Rupees Rupees Rupees
Profit/ (loss) for the period Other comprehensive income
Total comprehensive income for the
64,595,877
64,595,877
59,790,255
59,790,255
46,865,077
46,865,077
18,U27,872
18,027,872
period
Mandv›walla Building, Old Queens Joao, Karachi-74000 Pakistan. A-79/B, Eastern Industrial Zone, Port Wasim Authority, Karachi
C-5, Uthat Industrial Estate, Uthal Baluchistan, Pakistan
(92-21 324411lb9 (4 Lnes FOx (92-21 32ddl27d
Dil%cyber. net.pk Website www manaviwalIamauser.com
Mandviwalla kSD Wf%i% Plastic Industries Limited
Issued, Subscribed and Paid-up Capital | Subordinated loan | Accumulated Losses | Net shareholders' equity |
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY - (UNAUDITED) FOR THE NINE MONTHS PERIOD ENDED MARCH 31, 2025
Balance as at July 1, 2023 - (audited) | Rupees 287,4g1,330 | Rupees 115,Zl4,52g | Rupees (456,522,266) | Rupees (53,326,408) |
Total comprehensive income for the period, net of tax | 59,79O,255 | 59,790,255 | ||
Balance as at March 31, 2024 - (unaudited) | 287,481,330 | II5,7l4,528 | (396,732,011) | 6,463,847 |
Balance as at July 1, 2024 - (audited} | 287,481,330 | 115,714,528 | (347,300,278) | 55,895,580 |
Total comprehensive income for the period, net of tax | 64,595,877 | 64,595,87T | ||
Balance as at March 31, 2025 - (unaudited) | 287,481,330 | 115,724,528 | (282,704,401) | 120,491,457 |
Mandviwalla Building, Old @ueens load, Karachi-74000 Pakistan.
OF'y' A-79/B, Eastern Industrial Zone, Port @asim Authority, Karachi Factory Uthal C-5, Uthal Industrial Estate, Uthal Baluchistan, Pakistan
PL one N (92-21) 32441116-9 (4 Lines) Fax (92-21) 32441276
E-Mail mmpil@cyber net pk Website www mandviwallamauser
Mandviwalla kSD Wf%i% Plastic Industries Limited
CONDENSED INTERIM STATEMENT OF CASHFLOWS - UNAUDITED
FOR THE NINE MONTHS PERIOD ENDED MARCH 31, 2025
Nine months ended March 31,
2025
Rupees
Nine months ended March 31,
2024
Rupees
CASH FLOWS GENERATED FROM OPERATIONS
Profit /(loss) before taxadon
Adjustment for non-cash changes and other items: Depreciation on property, plant and equipment Provision for staff gratuity
Loss/ (gain) on sale of property, plant and equipment
Financial and other charges
Net cash flow from operating activities before working capital changes
Working capital changes(Increase) /decrease in current assets
Stores, spare and loose tools Stock-in-trade
Trade receivables Other Receivable
Increase /(decrease) in current liabilities90,980,109
5,079,267
13,740,241
18,819,508 109,799,617
855,450
4,751,384
(1,532,752)
27,753,020
31,827,102
84,211,628
5,287,411
14,860,077
20,147,488 104,359,116
(12,080)
56,930,902
(25,696,670)
(38,315,299) (7,093,147j
Trade and other payables
Income tax paid Staff gratuity paid
Employees' compensated absences paid Long term deposits
Financial and other charges paid
(34 7 629) (9 7 36 )
(34,687,629) (9,047,363)
Net cash inflow/(outflow) from operating activities
CASH FLOWS FROM INVESTING ACTIVITIES
Addition into the property, plant and equipment Sale proceed of property, plant and equipment Sale proceed of long term deposits
Net cash inflow/(outflow) from investing activities
CASH FLOWS FROM FINANCING ACTIVITIES
Short term financing from directors Short term borrowing Subordinated Loan
Repayment of Subordinated Load
Net cash inflow / (outflow) 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
(46,938,620)
(33,140,486)
(57,893)
13,740,241)
60,000,470
(6,429,848)
(6,429,848)
(47,804,901)
(47,804,901)
5,765,721
11,865,782
(24,231,390)
(8,335,974)
(43,393)
(991,946)
(14,860,077)
63,987,285
(941,716)
(941,716)
(63,930,671)
(63,930,671)
(885,102)
796,5M
(88,531)
Head Office
FOctOry
Mandviwalla Building, Old @ueens load, Karachi-74000 Pakistan A-79/B, Eastern Industrial Zone, Port @asim Authority, Karachi
Factory Uthal : C-5, Uthal Industrial Estate, Uthal Baluchistan, Pakistan.
Phone No.
(92-21) 32441116-9 (4 Lines) Fax (92-21) 32d4l 276
mmpil@cyber.net.pk Website https://www.mandviwalIamauser.com