Our reference: 8777-NICL-PSX-09-2025
September 16, 2025
ANNOUNCEMENT
The Managing Director Form - 7
Pakistan Stock Exchange Limited. Stock Exchange Building,
Stock Exchange Road, Karachi -74000. Tel : 021 111 001 122
Subject: Financial Results For The Year Ended June 30, 2025Dear Sir,
This is to inform you that, the Board of Directors of Nimir Industrial Chemicals Limited (the "Company") in its meeting held on Tuesday, September 16, 2025 at 02:15 p.m. at 122-B, New Muslim Town, Lahore has recommended the following:
1. Cash Dividend (Final): 20 % (i.e. Rupees 2.0 per share) this in addition to the interim cash dividend of 35% (i.e. Rupees 3.5 per share) already paid during the year. 2. Bonus Shares: NIL 3. Right Shares: NILAudited financial Statements of the Company for the year ended June 30, 2025 have been considered by the Board of Directors as recommended by the Audit Committee and the same have been approved. Financial results are attached (Annexure-1).
The 32ndAnnual General Meeting (AGM) of the Company will be held on Tuesday, October 21, 2025 at
11.00 a.m. in Sheikhupura.
The share transfer books of the Company shall remain closed from October 15, 2025 to October 21, 2025 (both days inclusive). Transfers (Physical Shares) received at the Company's Shares' Registrar M/s Corplink (Pvt.) Limited, Wings Arcade, 1-K Commercial, Model Town, Lahore, Ph: 042 35916714 and 35916719, office at the close of business on Tuesday, October 14, 2025 will be treated in time for the purpose of determining the entitlements to attend and vote at the AGM.
The Annual Report of the Company will be transmitted through PUCARS at least 21 days before the
Annual General Meeting and will also be available at the Company's website at https://www.nimir.com.pk.
Yours faithfully,
For Nimir Industrial Chemicals Limited
Muhammad Inam-ur-Rahim
Company Secretary
Encl.: Financial Results - June 30, 2025 (Annexure-1,2,3 & 4 )
Statement of Financial Position For The Year Ended June 30, 2025 (Audited)Particulars ASSETS NON CURRENT ASSETS | 2025 Rupees | 2024 Rupees | |
Property, plant and equipment | 13,837,606,442 | 13,625,466,143 | |
Intangible assets | 3,105,000 | 13,556,190 | |
Long term deposits | 34,484,110 | 32,558,910 | |
13,875,195,552 | 13,671,581,243 | ||
CURRENT ASSETS | |||
Stores, spare parts and loose tools | 911,726,492 | 941,443,628 | |
Stock-in-trade | 8,417,523,319 | 8,920,922,765 | |
Contract cost | 67,479,056 | 65,075,920 | |
Trade receivables | 7,809,807,357 | 5,150,632,392 | |
Loans and advances | 61,720,633 | 43,090,446 | |
Trade deposits and short-term prepayments | 8,458,436 | 8,781,090 | |
Other receivables | 47,661,994 | 58,472,353 | |
Short term investment | 70,000,000 | - | |
Tax refunds due from the Government | 1,857,557,594 | 2,126,909,739 | |
Cash and bank balances | 184,011,080 | 303,170,209 | |
19,435,945,961 | 17,618,498,542 | ||
TOTAL ASSETS | 33,311,141,513 | 31,290,079,785 | |
EQUITY AND LIABILITIES | |||
SHARE CAPITAL AND RESERVES Authorized share capital 145,000,000 (2024:145,000,000) shares of Rs. 10 each | 1,450,000,000 | 1,450,000,000 | |
Issued, subscribed and paid-up share capital | 1,105,905,460 | 1,105,905,460 | |
Revenue reserve - Accumulated profits | 8,714,091,026 | 7,251,094,215 | |
9,819,996,486 | 8,356,999,675 | ||
NON CURRENT LIABILITIES | |||
Long term loans | 3,282,780,411 | 4,232,130,664 | |
Long term payable | 72,373,155 | - | |
Lease liabilities | 112,462,886 | 113,724,575 | |
Net defined benefit liability - Funded gratuity | 242,976,227 | 231,948,925 | |
Deferred tax liability | 833,846,658 | 940,595,669 | |
Deferred grant | 411,965,620 | 561,117,033 | |
4,956,404,957 | 6,079,516,866 | ||
CURRENT LIABILITIES | |||
Trade and other payables | 2,995,333,448 | 2,080,692,117 | |
Contract liabilities | 361,292,249 | 204,219,769 | |
Unclaimed dividend | 16,321,218 | 14,937,067 | |
Short term borrowings | 12,993,866,785 | 12,700,493,853 | |
Current portion of non current liabilities | 1,857,296,117 | 1,276,344,742 | |
Markup accrued | 310,630,253 | 576,875,696 | |
18,534,740,070 | 16,853,563,244 | ||
TOTAL EQUITY AND LIABILITIES | 33,311,141,513 | 31,290,079,785 | |
CONTINGENCIES AND COMMITMENTS |
Statement of Profit or Loss For The Year Ended June 30, 2025 (Audited) Particulars Revenue from contracts with customers - Gross
Less: Sales tax and trade discounts
Revenue from contracts with customers - Net Cost of revenue
Gross profitDistribution cost Administrative expense
Operating profit Other expense Other income Finance cost Profit before income tax and levyLevy
Profit before income taxTaxation
Profit after income taxEarning per share - Basic and diluted
20242025 Rupees 53,163,090,725 (7,907,601,066) 45,255,489,659 (38,565,317,428) 6,690,172,231 |
(588,845,615) (701,785,654) |
(1,290,631,269) 5,399,540,962 (458,863,133) 327,339,162 (2,527,409,354) 2,740,607,637 (624,935,165) 2,115,672,472 (92,988,591) 2,022,683,881 18.29 |
Rupees
49,308,211,799
(7,382,854,925)
41,925,356,874
(35,747,348,048) 6,178,008,826
(500,584,120)
(579,540,257)
(1,080,124,377) 5,097,884,449
(153,712,949)
304,582,631
(3,795,851,002)
1,452,903,129
(268,284,529) 1,184,618,600
(181,744,041)
1,002,874,559
9.07
For Nimir Industrial Chemicals Limited
Particulars | Issued, subscribed and paid-up share capital | Revenue Reserve | Total |
unappropriated profits | |||
--------------------------------- Rupees--------------------------------- | |||
Balance as on July 01, 2023 1,105,905,460 6,742,468,523 7,848,373,983
Profit for the year | - | 1,002,874,559 | 1,002,874,559 |
Other comprehensive loss for the year | - | (150,064) | (150,064) |
Total Comprehensive income for the year | - | 1,002,724,495 | 1,002,724,495 |
Final dividend for the year ended June 30, 2023 at the rate of Rs. 2 per share | - | (221,181,092) | (221,181,092) |
Interim dividend for the period ended December 31, 2023 at the rate of Rs. 1 per share | - | (110,590,546) | (110,590,546) |
Effect of transfer of shares of Nimir Resins Limited | - | (162,327,165) | (162,327,165) |
Balance as at June 30, 2024 | 1,105,905,460 | 7,251,094,215 | 8,356,999,675 |
- - | 2,022,683,881 (6,734,070) | 2,022,683,881 (6,734,070) |
- | 2,015,949,811 | 2,015,949,811 |
- | (165,885,954) | (165,885,954) |
- | (221,181,092) | (221,181,092) |
- | (165,885,954) | (165,885,954) |
1,105,905,460 | 8,714,091,026 | 9,819,996,486 |
Profit for the year
Other comprehensive loss for the year Total Comprehensive income for the year
Final dividend for the year ended June 30, 2024 at the rate of Rs. 1.5 per share
Interim dividend for the period ended December 31, 2024 at the rate of Rs. 2 per share
Interim dividend for the period ended March 31, 2025 at the rate of Rs. 1.5 per share
Balance as at June 30, 2025
Statement of Cash Flows For The Year Ended June 30, 2025 (Audited)
Particulars | 2025 Rupees | 2024 Rupees | |
CASH FLOWS FROM OPERATING ACTIVITIES | |||
Profit before income tax | 2,115,672,472 | 1,184,618,600 | |
Adjustments for: | |||
Depreciation | 928,912,330 | 889,342,920 | |
Amortization of intangible assets | 14,591,190 | 16,267,428 | |
Impairment | 25,374,106 | - | |
Finance cost | 2,409,531,939 | 3,719,660,854 | |
Financial charges on lease | 29,780,306 | 15,988,940 | |
Unwinding of long term payable | 51,854,722 | - | |
Provision for gratuity | 60,712,844 | 53,297,531 | |
Amortization of deferred grant | (166,597,406) | (182,106,041) | |
Gain on disposal of operating fixed assets | (85,918,207) | (73,916,499) | |
Workers' Profit Participation Fund | 147,186,232 | 78,113,071 | |
Workers' Welfare Fund | 55,930,768 | 31,245,229 | |
3,471,358,824 | 4,547,893,433 | ||
Net cash flows before working capital changes | 5,587,031,296 | 5,732,512,033 | |
Effect on cash flows due to working capital changes: | |||
(Increase) / decrease in current assets | |||
Stores, spare parts and loose tools | 29,717,136 | (131,308,584) | |
Stock-in-trade | 503,399,446 | (760,087,394) | |
Contract cost | (2,403,136) | (7,978,604) | |
Trade receivables | (2,659,174,965) | 14,927,212 | |
Loans and advances | (18,630,187) | 68,678,976 | |
Trade deposits and short-term prepayments | 322,654 | (6,304,794) | |
Other receivables | 10,810,359 | 170,756,848 | |
Short term investment | (70,000,000) | - | |
Tax refunds due from the Government - Sales tax | 663,474,481 | 694,944,597 | |
Increase in current liabilities | |||
Trade and other payables | 817,058,069 | 154,198,775 | |
Contract liabilities | 157,072,480 | 53,357,883 | |
(568,353,663) | 251,184,915 | ||
Cash generated from operations | 5,018,677,633 | 5,983,696,948 | |
Gratuity paid | (60,725,000) | (22,000,000) | |
Finance cost paid | (2,509,179,980) | (3,776,261,626) | |
Income taxes paid | (589,554,549) | (531,814,958) | |
Workers' Profit Participation Fund paid | (78,113,071) | (149,999,188) | |
Workers' Welfare Fund paid | (27,420,666) | (44,962,278) | |
Net cash generated from operating activities | 1,753,684,367 | 1,458,658,898 | |
CASH FLOWS FROM INVESTING ACTIVITIES | |||
Additions in operating fixed assets | (360,667,844) | (112,467,357) | |
Additions in capital work-in-progress | (807,905,750) | (459,897,189) | |
Addition in intangible assets | (4,140,000) | - | |
Proceeds from sale of operating fixed assets | 102,505,766 | 94,542,166 | |
Payment received from Nimir Management (Private) Limited | - | 40,057,304 | |
Long term deposits - Net | (1,925,200) | (943,308) | |
Net cash used in investing activities | (1,072,133,028) | (438,708,384) | |
CASH FLOWS FROM FINANCING ACTIVITIES | |||
Long term loans obtained | 500,000,000 | - | |
Repayment of long term loans | (1,378,444,830) | (954,397,668) | |
Increase in long term payable | 391,337,271 | - | |
Dividend paid | (551,568,849) | (329,705,249) | |
Payment of lease liabilities | (55,406,992) | (52,424,063) | |
Short term borrowings - Net | 293,372,932 | 404,121,718 | |
Net cash used in financing activities | (800,710,468) | (932,405,262) | |
Net (decrease) / increase in cash and cash equivalents | (119,159,129) | 87,545,252 | |
Cash and cash equivalents at the beginning of the year | 303,170,209 | 215,624,955 | |
Cash and cash equivalents at the end of the year | 184,011,080 | 303,170,209 |