Transmission of quarterly unaudited financials for period ended 31.03.2026

Apr 30, 2026 at 9:02 AM UTC · Issued by Maqbool Textile Mills Limited

‌MAQBOOL TEXTILE MILLS LIMITED.

THIRD QUARTERS & NINE MONTHS UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED MARCH 31, 2026

‌DIRECTORS' REVIEW

Dear Shareholders,

On behalf of the Board of Directors of the Company, it is my privilege to present before you the Un-Audited Financial Statements of your Company for the Third Quarter and Nine Months period ended March 31, 2026.

The period under report i.e. upto the end of third quarter of the financial year 2025-2026, the overall business remained very tough and challenging throughout. The negative effects of the turmoil in Gulf further effected the business adversary. The availability of Raw Materials was constrained effecting the performance of your Company resultedly the Company suffered huge loss of Rs.(1,034,26T,602/-) during ihe third quarter ended on 31.03.2026 totaling Rs.(1,232,868,086/-) for ihe nine monihs period as compared to ihe net after iax loss of Rs.(596,356,64d/-) for the same period Iasi year.

Your D rectors are making every possible effort for better performance of the Company for the remaining period of the current financial year to end on June 30, 2026.

On behalf of the Board

PI ace: Multan Dated: z 9. 0 4. 2 0 26

Mian Tanvir Ahmad Sheikh

Chairman

‌

‌Maqbool Textile Mills Limited STATEMENT OF PROFIT OR LOSS FOR THE PERIOD ENDED MARCH 31, 2026 (Un-Audited)

Nine months period ended		Quarter ended
March 31,2026	March 31,2025	March 31,2026	March 31,2025
------------------------------Rupees------------------------------

5,982,961,853	5,899,850,825	2,423,751,322	2,070,146,422
(6,807,942,401)	(5,796,698,666)	(3,256,818,278)	(2,092,006,688)
(824,980,548)	103,152,159	(833,066,956)	(21,860,266)
54,880,735	11,355,296	-	-
(770,099,813)	114,507,455	(833,066,956)	(21,860,266)
(14,813,063)	(21,810,824)	(7,124,233)	(12,936,465)
(164,267,364)	(171,596,152)	(79,127,856)	(80,250,811)
-	-	-	-
(179,080,427)	(193,406,976)	(86,252,089)	(93,187,276)
(267,401,560)	(443,708,991)	(73,933,517)	(112,498,222)
(1,216,581,799)	(522,608,512)	(993,252,561)	(227,545,764)
(74,787,023)	(73,748,135)	(30,296,892)	(70,782,481)
(1,291,368,823)	(596,356,647)	(1,023,549,453)	(298,328,245)
58,500,737	(596,356,647)	(10,718,149)	(298,328,245)
(1,232,868,086)	(596,356,647)	(1,034,267,602)	(298,328,245)
-	-	-	-
(1,232,868,086)	(596,356,647)	(1,034,267,602)	(298,328,245)

Revenue from contracts - net Cost of goods sold

Gross Profit

Other operating income

Distribution cost Administrative expenses Other operating expenses

Finance cost

Loss before taxation

Minimum levy

Loss before Taxation

Taxation

Net Loss for the Period

Other comprehensive profit/(loss) for the period - net of tax

Transfer from deferred tax due to change rate on opening revaluation surplus

Earnings per share (66.89) (32.36) (56.12) (16.19)

NOTES TO THE ACCOUNTS

These un-audited financial statements are being presented to the shareholders as required under SECP Notification No. SRO 746(1)2001 dated 05-11-2001 and in accordance with the requirements of International Accounting Standard-34 "Interim Financial Reporting".
Accounting policies adopted for the preparation of these quarterly accounts are the same as adopted in the preceding periodic financial statements.
Figures in these accounts have been rounded off to the nearest rupee.

Chief Executive Officer Director Chief Financial Officer

‌Maqbool Textile Mills Limited
STATEMENT OF FINANCIAL POSITION
AS AT MARCH 31, 2026
(Un-Audited)	UN-AUDITED		AUDITED
	31-Mar-26		30-Jun-25
ASSETS	Rupees		Rupees
Non-current assets
Property, plant and equipment	5,218,241,244		5,406,401,091
Long term advances	96,534,720		64,100,000
Long term deposits	6,869,989		6,869,989
	5,321,645,953		5,477,371,080
Current assets
Stores and spares	145,469,900		163,504,299
Stock in trade	314,067,189		1,317,976,168
Trade debts	148,164,630		1,077,617,048
Loans and advances and prepayments	134,713,719		136,230,846
Due from Government	732,648,039		739,542,118
Advance tax	51,226,007		90,855,921
Other financial assets	10,000,000		10,228,833
Cash and bank balances	4,429,339		4,171,522
	1,540,718,823		3,540,126,755
Total assets	6,862,364,776		9,017,497,835
EQUITY AND LIABILITIES
Share capital and reserves
Share capital	184,320,000		184,320,000
Share premium	65,280,000		65,280,000
Surplus on revaluation of property, plant
and equipment - net of deferred tax	1,916,234,511		2,020,077,493
Unappropriated profits	(1,848,766,159)		(719,741,055)
	317,068,352		1,549,936,438
Loan from director	301,431,297		28,046,079
	618,499,649		1,577,982,517
Non-current liabilities
Long term financing	1,142,876,080		1,338,580,273
Lease against right of use assets	8,128,390		14,828,152
Deferred taxation	743,638,423		802,139,160
Staff retirement benefits - gratuity	82,235,939		80,097,401
	1,976,878,832		2,235,644,986
Current liabilities
Trade and other payables	2,236,900,356		2,814,881,943
Accrued mark up	176,322,133		96,086,176
Short term borrowings	1,235,310,000		1,729,645,285
Loan from director	-		195,224,500
Unclaimed dividend	6,532,010		6,532,010
Current portion of long term financing	528,245,054		242,598,714
Current portion of liabilities against right of use assets	8,889,719		13,063,251
Provision for taxation	74,787,023		105,838,453
	4,266,986,295		5,203,870,332
Contingencies and commitments	-		-
Total equity and liabilities	6,862,364,776		9,017,497,835
Chief Executive Officer	Director	Chief Financial Officer

‌Maqbool Textile Mills Limited
STATEMENT OF CASH FLOWS
FOR THE PERIOD ENDED MARCH 31, 2026		31-Mar-26	30-Jun-25
(Un-Audited)		Rupees	Rupees
CASH FLOWS FROM OPERATING ACTIVITIES
Profit/(Loss) before taxation		(1,291,368,823)	(740,059,594)
Adjustments for:
Depreciation		189,064,540	246,337,515
Amortization of deferred grant		-	(17,457,174)
Interest income on term finance certificate		(228,833)	(1,793,847)
Provision for gratuity		9,561,028	42,611,184
Profit on sales of property, plant and equipment		(46,099,698)	(1,991,035)
Final taxes		-	(3,729,409)
Revenue taxes		74,787,023	105,692,649
Finance cost		267,401,560	513,014,242
		494,485,620	882,684,125
Operating cash flows before working capital changes		(796,883,203)	142,624,531
(Increase)/decrease in current assets
Stores and spares		18,034,399	38,512,704
Stock-in-trade		1,003,908,979	520,392,870
Trade debts		929,452,418	(528,030,005)
Loans and advances and prepayments		1,517,127	145,087,018
Sales tax refundable		(23,836,689)	47,114,747
		1,929,076,234	223,077,334
(Decrease)/increase in current liabilities
Trade and other payables		(577,981,588)	872,405,844
Cash generated from / (used in) operations		554,211,444	1,238,107,709
Income tax paid		(35,248,938)	(43,271,375)
Gratuity paid		(7,422,490)	(23,128,761)
Finance cost paid		(187,165,603)	(597,485,253)
		(229,837,031)	(663,885,389)
Net cash (used in) operating activities		324,374,413	574,222,320
CASH FLOWS FROM INVESTING ACTIVITIES
Purchases of property, plant and equipment		(62,436,453)	(481,060,144)
Proceeds from disposal of property and equipment		107,631,458	18,507,903
interest received on term finance certificates		228,833	1,951,514
Long-term deposits		(32,434,720)	1,844,100
Net cash (used in) investing activities		12,989,118	(458,756,627)
CASH FLOWS FROM FINANCING ACTIVITIES
Restructured/(Repayment) of Long-term finances		89,942,147	292,191,136
Loan from director		78,160,718	206,569,500
Short-term borrowings - net		(298,877,985)	58,564,591
Acquired/(Repayment) of Lease liabilities		(10,873,294)	(12,624,385)
Net cash generated from financing activities		(141,648,414)	544,700,842
Net increase/(decrease) in cash and cash equivalents		195,715,117	660,166,535
Cash and cash equivalents at the beginning of the year		(1,008,375,778)	(1,668,542,313)
Cash and cash equivalents at the end of the period		(812,660,661)	(1,008,375,778)
Chief Executive Officer	Director	Chief Financial Officer

‌STATEMENT OF CHANGES IN EQUITY FOR THE PERIOD ENDED MARCH 31, 2026 (Un-Audited) Maqbool Textile Mills Limited

Share capital	Capital Reserve		Revenue reserves			Total
Issued, subscribed and paid-up	Share premium	Surplus on revaluation of Property, Plant and Equipment	General reserve	Un-appropriated profit	Loan from director	Total

---------------------------------------------------- Rupees ----------------------------------------------------

Balance as at July 01, 2024	184,320,000	65,280,000	2,090,700,372	168,000,000	(135,525,326)	16,701,079	2,389,476,125
Loss for the nine months ended March 31, 2025	-	-	-	-	(596,356,647)	-	(596,356,647)
Other comprehensive income / (loss) for period	-	-	-	-	-		-
	-	-	-	-	(596,356,647)	-	(596,356,647)
Transaction with ownwers						186,990,000	186,990,000
Transfer to unappropriated profit on account of
incremental depreciation on surplus of revaluation
of property, plant & machinery	-		(40,797,037)		40,797,037		-
Balance as at March 31, 2024	184,320,000	65,280,000	2,049,903,335	168,000,000	(691,084,936)	203,691,079	1,980,109,478
Balance as at July 01, 2025	184,320,000	65,280,000	2,020,077,493	-	(719,741,055)	28,046,079	1,577,982,517
Loss for the nine months ended March 31, 2026	-	-	-	-	(1,232,868,086)	-	(1,232,868,086)
Other comprehensive income / (loss) for period	-	-	-	-	-		-
	-	-	-	-	(1,232,868,086)	-	(1,232,868,086)
Transaction with ownwers 'Transfer from surplus on disposal of land			(53,548,865)		53,548,865	273,385,218	273,385,218 -
Transfer to unappropriated profit on account of
incremental depreciation on surplus of revaluation
of property, plant & machinery	-		(50,294,117)	-	50,294,117		-
Balance as at March 31, 2026	184,320,000	65,280,000	1,916,234,511	-	(1,848,766,159)	301,431,297	618,499,649

Chief Executive Officer Director Chief Financial Officer

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