THE ORGANIC MEAT COMPANY LIMITED
Itc I OMCL/202 1-25/Corp/0036 April 29, 2025
The t,encr i1 Manager
Pakistan Stock Exchange Limited
Stock l?xchangc Building Stock Exchange Road
FINANCIAL RESULTS FOR THE PERIOD ENDED MARCH 31.2025
We have to inform you that the Board of Directors of the Company in its sneering held at the corporate oi'lice of the Cont pany situated at Plot # 257 Sector 24 Korangi Industrial Area, Karachi and also via video link on Tucstlay, April 29, 2025 at 2:30 pm recommended the following:
Cash liividend Nil
Bonus Shares Nil
Ilight Shares Nil
Any of her entitlement / Corporate Action Nil Any other price sensitive information
1he financial results of the Company are enclosed.
I he qiiai tcrly i eport of the Company for the period ended March 31, 2025 will be transmitted through I'1JCA ItS se)i‹irately within specified time.
I or l"lie Organic Meat Company Limited
liii ra i Khan Corn)iaiaj Secretary
Cc: Cout pany Law Division-S LCI° Islamabad. d alcove
Office Address: Plot No. 257, Sector 24, Koro ngi lndustria I Area,
Ka rachi -Pakisfon. Tel 4 : + 92 -2 l -35 15 1298, + 92 -21 -35059969, + 92 -3507 79d9
E-mail info@tomcl. net Web: www.tomb I.net
Plant Address : Survey 4.31.0, Deh Shah Mureed, Godop, Karachi- Pokisto n.
CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED) FOR THE PERIOD ENDED MARCH 31, 2025
Un-audited Nine Months Ended
Un-audited Quarter Ended
Note | March 31, 2025 Rupees | March 31, 2024 Rupees | March 31, 2025 Rupees | March 31, 2024 Rupees | |||
Sales - net | 11 | 11,323,855,495 | 8,575,296,276 | 3,225,012,657 | 3,333,914,405 | ||
Cost of sales | 12 | (10,208,647,898) | (7,442,755,459) | (2,903,212,639) | (2,909,697, 102) | ||
Gross profit | 1,115,207,597 | 1,132,540,817 | 321,800,018 | 424,217,303 | |||
Administrative expenses | (218 304 78 | 1 6 244 474 | ( | 239 32 ) | 36 4 6 | 5) | |
Selling expenses | (267 928 898) | 429 121 167) | (73 334 223) | ( 8 645 03 | |||
Allowance for doubtful debts | 6.1 | (79 978 387 | 0 763 101 | 1 545 28 | |||
(566,212,074) | (546,128,742) | (172,573,552) | (216,676,714) | ||||
Operating profit | 548,995,523 | 586,412,075 | 149,226,466 | 207,540,589 | |||
Finance costs | (133,691,745) | ||||||
Reversal of financial liabilities | |||||||
Other income / (expense) - net | 169 759 6 36,067,261 | (163,392,099) | 30,065,471 | (21,823,770) | |||
Profit before taxation and levy | 585,062,784 | 423,019,976 | 179,291,937 | 185,716,819 | |||
Levy | (137,638,007) | (81,569,199) | (66,844,011) | (29,798,482) | |||
Profit before taxation | 447,424,777 | 341,450,777 | 112,447,926 | 155,918,337 | |||
Taxation | 12,333,254 | 4,327,714 | |||||
Profit for the period | 459,758,031 | 341,450,777 | 116,775,640 | 155,918,337 | |||
Earnings per share - basic and diluted - restated | 2.58 | 1.91 | 0.65 | 0.87 | |||
The annexed notes from 1 to 20 form an integral part of these condensed interim financial statements.
Chief Financial Officer Company Secretary
Office Address: Plot No. 257, Sector 24, Korang i Industrial Area,
Karachi- Pakistan. Tel # : + 92 -21-35 151298, + 92-21-35059969, + 92-35077969
E-mail : info@tomcl. net Web: https://www.fomcl.net
Plant Address : Survey # 3 10, Deh Shah Mureed, Gadap, Karachi-Pakistan.
CQNDEMSEDIMTERTM STATNMENTOFMMANClAtPOSTTON ASATVARCW31,Z025
Note
Un-Audited March3l,
ASSETS | ||||
NOW-CURRENTASSFTS Property, ptant andequipment | 3,177,300,204 | |||
Righrofuseaset | 35537,290 2,2Bl,203 | |||
Advance against acquisition of shares Deferred asset on acquisition of shares | 6 | 170u00,000 | ||
Total non-current assets | 3,385,41B,697 | |||
CURRENT ASSETS Stock-in-trade | 212,737,362 | |||
Biological assets other than bearer plants Trade debts - considered good Loans and advances | 194,386,334 2,384,148,6Z2 75,191,255 | |||
Advance against acquisition of shares Qpposits, prepayments and other receivables | 343,665,834 | |||
Cash and bank balances Total current assecs | 882,364,B91 4,092,494,29B | |||
TOTALASSETS | 7,477,912,995 | |||
zozs
June 30, 2Oz4
Rupees
2,910,153,056
6,651,363
2,331,203
170,000,000
3,089,135,622
1B4,O79,742
71,967,600
2,275,006,671
78,714,119
190,917,666
347,723,137
share capital and Reserves | ||||
Authorized share capital 2,000,000,000 (June 30, 2024: 165,000.000) Ordinary shares | 2,000,000,000 | 1,650,000,000 | ||
of Rs.10 each | ||||
Issued, subscribed and paid up capical 178,491,213 (June 30, 2024: 148,491,213) ordinary shares | 1,7B4,91Z,132 | 1,484,912,132 | ||
Bonus shares issuable Reserves | 3,6Z7,038,305 | 2,610.482,400 | ||
Revaluation surplus on property, plant and equipment - net Total shareholders' equity | B12,92S,456 6,224,87S,B93 | B4B,827,642 4,944,222,174 | ||
NON-CURRENT LIABILITIES Long term borrowings - secured | lg,q65,604 | 44,204,210 | ||
Long term lease liability - secured | 5,40B,664 | 1,990,696 | ||
Deferred taxation | S5,£1l,417 | 78,740,359 | ||
Deferred liability on acquisition of shares | 6 | 37,714296 | 37,714,296 | |
117,099,98i | 162,649,561 | |||
Current maturity of long term finances - secured | 29,742,795 | 24,557,949 | ||
Current portion of lease liability - 5eCured | 14,453,g17 | 2,014,011 | ||
Short term borrowings - secured | 833,041,725 | 805,000,000 | ||
Trade and otfier payables Accrued expenses and other liabilities Accrued mark-up Unclaimed dividend Taxation and levies - net | 126,327,301 63,488,8g0 36,610,233 362,B85 31,909,925 | 149,286,B40 46,612,B69 60,14B,620 42,675,747 | ||
Total current liabilities | 1,135,937,121 | 1,130,672,B22 | ||
TOTAL EQUITY AND LIABILITIES | 7,477,912,995 | 6,237,544,557 | ||
conTinsEnciEs ouo cotuuizl En s | y0 | |||
The annexed notes from T to zo form an integraI part or chese condensed interim financial statements
3,148,408,935
6,237,544,557
Chief Financial Officer
Company Secretary
Office Address: Plot No. 257, Sector 24, Korangi Industrial Area,
Karachi-Pa kistan. Tel # : + 92 -21-35 15 J 2 98, + 92 -21-35059969, + 92 -35077969
E-mail : info@tomcl. net Web: https://www.tomcI.net
Plant Address : Survey # 31 0, Deh Shah Mureed, Go do p, Ko rachi- Pakistan.
CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (UN-AUDITED) FOR THE PERIOD ENDED MARCH 31, 2025Un-audited Nine Months Ended
March 31, March 31,
2025 2024
Rupees Rupees
Un-audited Quarter Ended
March 31, March 31,
2025 2024
Rupees Rupees
Profit for the period
459,758,031 341,450,777
116,775,640 155,918,337
Other comprehensive income
Total comprehensive income for the period
459,758,031 341,450,777
116,775,640 155,918,337
Chief Financial Officer
Office Address: Plot No. 257, Sector 24, Korangi Industrial Area,
Karachi-Pakistan. Tel # : + 92-2 1 -35 15 1 298, +92-2 1 -35059969, + 92-35077969
E-mail : info@tomcl.net Web: https://www.tomcI.net
Plant Address : Survey# 31 0, Deh Shah Mureed, Gadap, Karachi- Pakistan.
The annexed notes from 1 to 20 form an integral part of these condensed interim financial statements.
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UN-AUDITED) FOR THE PERIOD ENDED MARCH 31, 2025
S ate
Una
R p:pu p
Total
eted
shareholders eql uilty
pre iu p ea dqueipnt
-
Balance as at July 01, 2023 - (Audited) | 1,349,920,120 | 134,992,012 | 377,152,913 | 1,666,295,227 | 1,011,150,446 | 4,539,510,718 |
Total comprehensive income for the period | 341,450,777 | 341,450,777 | ||||
Transactions with owners in their capacity as owners recognized directly in equity |
- Bonus shares issued during the period
and equipment realized on account of incremental depreciation - net of tax | 53,585,352 | (53,585,352) | ||||
Balance as at March 31, 2024 (Unaudited) | 1,484,912,132 | 377,152,913 | 2,061,331,356 | 957,565,094 | 4,880,961,49S | |
Balance as at July 01, 2024 - (Audited) | 1,484,912,132 | - | 377,152,913 | 2,233,329,487 | 848,827,642 | 4,944,222,174 |
Total comprehensive income for the period | - | - | 459,758,031 | - | 459,758,031 | |
Transactions with owners in their capacity as owners recognized directly in equity | ||||||
- Right shares issued during the period at 2.0203 for every ten shares (Refer Note 16) Revaluation surplus on property, plant | 300,000,000 | 510,000,000 | - | - | 810,0D0,000 | |
and equipment realized on account | ||||||
of incremental depreciation - net of tax | - | - | - | 35,902,186 | (35,902,186) | - |
Deferred tax on revaluation surplus | ||||||
Balance as at March 31, 2025 (Unaudited) | 1,784,912,132 | - | 887,152,913 | 2,728,9g9,704 | 812,925,456 | 6,213,980,205 |
at 0.975 for every ten shares 134,992,012 (134,992,012) Revaluation surplus on property, plant
The annexed notes from 1 to 20 form an integral part of these condensed interim financial statements.
Chief Financial Officer Company Secretary
Office Address: Plot No. 257, Sector 24, Korangi Industrial Area,
Ka rachi-Pakiston. Tel # : -t- 92 -2 1-3 515 12 98, + 92 -21-35059969, + 92-35077969
E- ma il : info@tomcl. nef Web: https://www.tomcl.net
Plant Address : Survey # 31 0, Deh Shah Mureed, Gadap, Karochi -Pakistan.
CONDENSED INTERIM STATEMENT OF CASH FLOWS (UN-AUDITED) FOR THE PERIOD ENDED MARCH 31, 2025
Un-audited | Un-audited | ||||
March 31, | March 31, | ||||
2025 | 2024 | ||||
Note ---------------Rupees------------------ | |||||
CASH FLOWS FROM OPERATING ACTIVITIES | |||||
Net cash flows from operating activities | 13 | 112,199,702 | 607,916,707 | ||
CASH FLOWS FROM INVESTING ACTIVITIES | |||||
Acquisition of property, plant and equipment | (399,036,679) | (486,011,828) | |||
Right of use assets Profit received on saving account | 14,904,275 | 10,128,523 | |||
Intangible asset Advance against acquisition of subsidiary | - | (132,285,704) | |||
Net cash used in investing activities | (384,132,404) | (608,169,009) | |||
CASH FLOWS FROM FINANCING ACTIVITIES | |||||
Dividend paid related to prior period | (13,901) | (231,703) | |||
Receipt against Right shares | 810,000,000 | ||||
Loan re-paid to financial institutions - net | (20,553,760) | (18,021,149) | |||
Lease rentals paid | (10,899,608) | (2,496,682) | |||
Repayment of liabilities to related parties | |||||
Net cash used in financing activities | 778,532,731 | (20,749,534) | |||
Net increase/(decrease) in cash and cash equivalent | 506,600,029 | (21,001,836) | |||
Cash and cash equivalent at beginning of the period | (457,276,863) | (726,261,819) | |||
Cash and cash equivalent at end of the period | 14 | 49,323,166 | (747,263,655) | ||
The annexed notes from 1 to 20 form an integral part of these condensed interim financial statements.
Chief Financial Officer
Office Address: Plot Jo. 257, Sector 24, Korangi Industrial Area,Karachi- Pakistan. Tel # : -t- 92 -2 1-3515 1298, -i- 92 -21 -35059969, -i-92 -35077969
E-mail : info@tomcl. net Web: https://www.tomcI.net
Plant Address : Survey # 31 0, Deh Shah Mureed, Gadap, Karachi- Pakistan.
Company Secretary