Mandviwalla kf% Wffi%il Plastic Industries Limited
January 8, 2026
The General Manager,
Pakistan Stock Exchange Limited,
Stock Exchange Building, Stock Exchange Road, Karachi.
Subject:
rINANCIAL RESULTS FOR THE YEAR ENDED SEPTEMBER_30, 2025
Dear Sir,
We have to inform you that the Board of Directors of our Company in their meeting held on January 8, 2026 at 2:45 p.m., at its registered office situated at Mandviwalla Building, Old Queens Road, Karachi has approved the un-audited financial statements of the company for the first quarter ended September 30, 2025 and
recommended the following:
(1) CASH DIVIDEND
BONUS SHARES
RI‹sHT sHAnEs
ANY OTHER ENTITLEMENT / CORPORATE ACTION
(iv) ANY OTHER PRICE SENSITIVE INFORMATION
NIL NIL NIL NIL NIL
The financial results of the Company are attached
The quarter report of the company for the period ended September 30, 2025 will be transmitted through PUCARS separately, within the specified time.
Yours truly,
Hina Ambre
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 load, Karachi-74000 Pakistan. Phone No. : (92-21) 32441116-9 (4 Lines) Fax : (92-21) 32441276
Factory : A-79/B, Eastern Industrial Zone, Port @asim Authority, Karachi Phone No. ' (92-21) 34740323
Factory Ufhal : C-5, Uthal Industrial Estate, Uthal Baluchistan, Pakistan.
E-Mail : info@mandviwalla.net Website : www.mandviwaIlamauser.com
MANDVIWALLA MAUSER PLASTIC INDUSTRIES LIMITED
CONDENSED INTERIM STATEMENT OF FINANCIAL POSTION AS AT SEPTEMBER 30, 2025
Unaudited | Audited | ||||
September 30, | June 30, | ||||
2025 | 2025 | ||||
Rupees | Rupees | ||||
ASSETS | |||||
NON-CURRENT ASSETS | |||||
Property, plant and equipment | 100,462,833 | 101,750,627 | |||
Assets in bonds | |||||
Deferred taxation | 1,176,521 | 1,176,522 | |||
Long term deposits | 1,423,656 | 1,423,656 | |||
103,063,010 | 104,350,805 | ||||
CURRENT ASSETS | |||||
Stores, spare and loose tools | 1,600,171 | 4,890,801 | |||
Stock-in-trade | 165,336,903 | 233,510,293 | |||
Trade receivables | 125,635,442 | 118,663,356 | |||
Other receivables | 116,569,066 | 87,260,004 | |||
Cash and bank balances | 6,908,182 | 65,537 | |||
416,049,763 | 444,389,991 | ||||
TOTAL ASSETS | 519,112,773 | 5é8,740,796 | |||
EQUITY AND LIABILITIES | |||||
REPRESENTED BY: | |||||
SHARE CAPITAL AND RESERVES | |||||
Authorized capital: 40,000,000Qune 30,2025: | 40,000,000) | ordinary | |||
shares of Rs.10/- each | 40 0,000 | 4 OOOOOO _ | |||
Issued, subscribed and paid-up capital | 287,481,330 | 287,481,330 | |||
Subordinated loan | 11?,724,528 | 115,714,528 | |||
Accumulated losses | (236,954,795) | (285,078,322) | |||
166,241,063 | 118,117,536 | ||||
NON-CURRENT LIABILITIES | |||||
Deferred liability | 46 8 4 788 | 46 984 3 | |||
Lease Liability | 27,604,341 | 3 35 8 9 | |||
74,419,129 | 84,119,950 | ||||
CURRENT LfABILITIES | |||||
71,894,972 | 61,154,775 | |
11,630,898 | 5,838,184 | |
2,208,846 | 2,208,846 | |
36,652,570 | 16,996,482 | |
156,065,294 | 260,305,023 | |
278,4S2,$81 | 346,503,310 | |
519,112,773 | 548,740,796 |
Trade and other payables Current Maturity Lease Unclaimed dividend Provision for taxation Short term borrowings
TOTAL EQUITY AND LIABILITIESCONTINGENCIES AND COMMITMENTS
The annexed notes 1 to 12 form an integral part of these condensed interim financial statements
MANDVHVALLA MAUSER PLASTIC INDUSTRIES LIMITED CONDENSED INTERIM STATEMENT OF PROFIT AND LOSS - UNAUDITED
FOR THE THREE MONTHS PERIOD EMDED SEPTEMBER 30, 2025
Note | September 30, 2025 Rupees | September 30, 2024 Restated Rupees | ||||
Sales - net | 451,721,755 | 235,914,750 | ||||
Cost of goods sold | (361,155,643) | (193,104,249) | ||||
Gross profit | 90,566,112 | 42,810,501 | ||||
Administrative expenses | 13,454,964 | |||||
Selling and distribution expenses | 4,846,500 | T3d9,541 | ||||
Total operating expense | (18,301,464) | (10,505,272) | ||||
Operating profit/ (loss) | 72,264,648 | 32,505,229 | ||||
Other income/ charges | (1,399,266) | |||||
Financial and other charges | (4,485,032) | (5,062,107) | ||||
Profit/ (loss) before taxation | 67,779,616 | 25,843,856 | ||||
Taxation | (19,656,088) | (6,948,182) | ||||
Profit/(miss) after la xaDon | 48,123,527 | 18,895,674 | ||||
Earnings per slaare - basic | 1.67 | 0.66 |
The annexed notes 1 to 12 form an integral part of these condensed interim financial statements
MANDVIWALLA MAUSER PLASTIC INDUSTRIES LIMITED
CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME - UNAUDITED FOR THE THREE MONTH PERIOD ENDED SEPTEMBER 30, 2025
September 30, | September 30, | ||
2025 | 2024 | ||
Rupees | Restated | ||
ltupees | |||
Profit/ (loss) after taxation Other comprehensive income | 48,123,527 | 18,895,674 | |
Tota1 cont prehensive income for the period, net of tax | 48,123,527 | 18,895,674 |
The annexed notes 1 to 12 form an integral part of these condensed interim financial statements.
MANDVIWALLA MAUSER PLASTIC INDUSTRIES LIMITED
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY AS AT SEPTEMBER 30, 2025
Issued, Subscribed Subordinated and Paid- loan up Capital | Accumulated Losses | Net shareholders' equity |
Rupees Rupees Rupees Rupees
Balance as at July i, 2024 - (audited)
287,481,330 115,714,528 (346,302,160) 56,893,698
Prior period adJustment
(1,990,048)
(1,990,048)
Total comprehensive income for the period, net of tax - restated | 18,895,674 | 18,895,674 | ||
Balance as at September 30, 2024 - (unaudited) (restated) | 287,481,330 | 115,714,528 | (329,396,534) | 73,799,324 |
Balance as at July 1, 2025 - (audited) | 287,481,330 | 115,714,528 | (285,078,322) | 118,117,536 |
Total comprehensive income for the period, net of tax | 48,123,527 | 48,123,527 | ||
Balance as at September 30, 2025 - (unaudited) | 287,481,330 | 115,714,528 | (236,954,795) | 166,241,063 |
The annexed notes 1 to 12 form an integral part of these condensed interim financial statements.
MANDVIWALLA MAUSER PLASTIC INDUSTRIES LIMITED
CONDENSED INTERIM STATEMENT OF CASHFLOWS - UNAUDITED
FOR THE THREE MONTH PERIOD ENDED SEPTEMBER 30, 2025
CASH FLOWS GENERATED FROM OPERATIONS | Note | September 30, 2025 Rupees | September 30, 2024 Restated Rupees | |
Profit /(loss) before taxation | 67,7T9,616 | 25,843,856 | ||
Adjustment for non-cash charges and other items: | ||||
Depreciation on property, plant and equipment | 1,718,435 | 1,693,085 | ||
Depreciation on leased assets | â,341,589 | 1,197,733 | ||
Provision for staff gratuity | 714,947 | 1,531,376 | ||
ROUA Adjustment | 1,399,266 | |||
Financial and other charges | 8,178,344 | 5,062,107 | ||
11,953,316 | 10,883,567 | |||
Net cashflow from operating activities before working capital changes | 79,732,931 | 36,727,425 | ||
Working capital changes (Increase)/decrease in current assets | ||||
Stores, spare and loose tools | 3,290,630 | 855,450 | ||
Stock-in-trade | 68,173,390 | (110,t99,5t5) | ||
Trade receivables | (6,972,086) | (62t,506) | ||
Other Receivable | (29,309,062) | 41,t44,606 | ||
Increase /(decrease) in current liabilities | 35,182,873 | (68,820,965) | ||
Trade and other payables | 0 740 97 | 3 766 789) | ||
Income tax paid | 10,740,197 | (13,766,789) | ||
Staff gratuity paid Employees' compensated absences paid | (545,604) | (57,894) | ||
Lcng term deposits | ||||
I-inancia1 and other charges paid | (13,611,156) | |||
545,604) | (13,669,050) | |||
Net cash inflow/(outf:low) from operating activities | 125,110,397 | (59,529,381) | ||
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 | (1,772,230) | (470,000) | ||
Net cash inflow/(outflow) from investing activities | (1,772,230) | (470,000) | ||
CASH FLOWS FROM FINAJVCING ACTIVITIES
Lease payments Short term borrowing Subordinated Loan
Repayment of Long term Loans
Net cash inflow / (outflow) from financing activities Net increase / (decrease) in cash and cash equivalents Cash and cash equivalents at the beginning of the quarter
Cash and cash equivalents at the end of the quarter
(12,255,793)
(104,239,729)
(116,495,522)
6,842,645
65.537
6,908,182
(1,558,879)
50,707,441
49,148,562 (t0,850,819) 11,865,782
1,014,963The annexed notes 1 to 12 form an integral part of these condensed interim financial statements.