Sakrand Sugar Mills : Financial Results for the Quarter Ended March 31-2026

(i)

CASH DIVIDEND

(ii}

DOOUS SHAItE5

NIL

(iii)

(iv)

(v)

RIGHT SHARES

ANY OTHER ENTITLEMENT/CORPORATE ACTION

ANY OTHER PRICE-SENSITIVE INFORMATION

NIL

March 31,

March 31,

March 31,

March 31,

2026

2025

2026

2025

Sales - net

11

1,736,129

3,550,897

1,413,128

2,158,435

Cost of sales

12

(1,318,800)

(3,306,095)

(1,009,673)

(2,070,933)

Gross profit

417,329

244,802

403,456

87,502

Operating expenses

Administrative expenses

(88,400)

(92,430)

(52,950)

(47,933)

Selling and distribution cost

(1,684)

(3,097)

(1,261)

(1,820)

(90,084)

(95,527)

(54,212)

(49,753)

Operating profit

327,246

149,275

349,244

37,749

Finance cost

(2,407)

(13,778)

(2,327)

(760)

Other charges

(44,336)

(20,505)

(44,336)

(20,505)

Other income

13

61,513

46,831

32,666

46,639

14,770

12,548

(13,997)

25,374

Profit before taxation and levy

342,016

161,823

335,247

63,123

Levy

14

(58,149)

(42,721)

(54,105)

(27,001)

Profit Before taxation

283,866

119,102

281,142

36,122

Taxation

-

-

-

-

283,866

119,102

281,142

36,122

15

6.36

2.67

6.30

0.81

Condensed Interim Statement of Financial Position

As at March 31, 2026

Un-Audited

Audited

March 31,

September 30,

2026

2025

……….Rupees in '000'……….

ASSETS

Non-Current Assets

Property, plant and equipment

5

3,859,614

3,886,561

Intangible asset

567

680

Long-term loans

1,817

775

Long-term deposits

2,860

2,860

3,864,858

3,890,876

Current Assets

Stores, spares and loose tools

107,683

110,079

Stock-in-trade

6

1,186,302

41,764

Trade debts

16,524

19,285

Loans and advances

20,382

27,179

Deposit, prepayments and other receivables

10,736

10,234

Short term investment

-

6,198

Cash and bank balances

7

41,343

18,214

1,382,970

232,953

Total Assets

5,247,828

4,123,829

EQUITY AND LIABILITIES

Share Capital and Reserves

Authorized share capital

60,000,000 ordinary shares of Rs. 10 each

600,000

600,000

Share capital

Issued, subscribed and paid-up capital

446,160

446,160

Revenue reserves

Accumulated loss

(1,562,406)

(1,863,786)

Capital reserves

Surplus on revaluation of property, plant and

equipment-net of deferred tax

2,041,967

2,059,482

Directors'/Sponsors' subordinated loan

92,767

92,767

1,018,488

734,622

Non-Current Liabilities

Long term financing - secured

8

530,474

573,673

Deferred liabilities

72,341

70,692

602,815

644,365

Current Liabilities

Trade and other payables

2,758,896

1,931,258

Unclaimed dividend

6,206

6,206

Accrued mark-up

504,708

504,901

Current maturity of long-term financing

258,618

249,018

Taxation - net

98,097

53,459

3,626,525

2,744,842

Total Equity and Liabilities

5,247,828

4,123,829

The annexed notes form an integral part of these financial statements.

Half year ended Quarter ended

March 31,

March 31,

March 31,

March 31,

2026

2025

2026

2025

….........................….Rupees in '000'………..................

Profit after taxation

283,866

119,102

281,142

36,123

Other comprehensive income for the period - net of tax

-

-

-

-

Total comprehensive income for the period

283,866

119,102

281,142

36,123

The annexed notes form an integral part of these financial statements.

Issued, subscribed & paid-up capital

Un-appropriated profit / Accumulated loss

Surplus on revaluation of property, plant and equipment

Directors' / sponsors' subordinated loan

Total

Balance as at October 01, 2024

446,160

(1,883,598)

2,095,281

92,767

750,610

Profit after taxation

-

119,102

-

-

119,102

Other comprehensive income for the period

-

-

-

-

-

Total comprehensive income / (loss) for the period

-

119,102

-

-

119,102

Transferred from revaluation surplus on property, plant and equipment on account of incremental depreciation- net of tax

-

18,031

(18,031)

-

-

Balance as at March 31, 2025

446,160

(1,746,465)

2,077,249

92,767

869,712

Balance as at October 01, 2025

446,160

(1,863,786)

2,059,482

92,767

734,622

Profit after taxation

-

283,866

-

-

283,866

Other comprehensive income for the period

-

-

-

-

-

Total comprehensive income / (loss) for the period

-

283,866

-

-

283,866

Transferred from revaluation surplus on property, plant and equipment on account of incremental depreciation- net of tax

-

17,514

(17,514)

-

-

Balance as at March 31, 2026

446,160

(1,562,406)

2,041,968

92,767

1,018,488

The annexed notes form an integral part of these financial statements.

42,026

42,409

112

167

(62,368)

(46,500)

(193)

17,583

1,650

1,611

899

8

Cash generated from operation before working capital changes

Working capital changes

(17,875)

15,279

(Increase) / decrease in current assets

Stores, spares and loose tools

2,396

(19,340)

Stock-in-trade

(1,144,538)

(267,931)

Trade debts

65,130

44,014

Loans and advances

6,797

40,013

Prepayments and other receivables

(502)

53,605

Increase / (decrease) in current liabilities

(1,070,716)

(149,639)

Trade and other payables

827,638

91,481

Cash generated from operations

81,062

118,944

Taxes paid

(13,511)

(28,300)

Finance cost paid

-

(13,589)

Net cash generated from operating activities

67,551

77,055

B. CASH FLOWS FROM INVESTING ACTIVITIES

Property, plant and equipment

(21,596)

(54,333)

Proceed from disposal of property, plant and equipment

5,618

15

Short term investment

6,198

-

Net cash used in investing activities

(9,780)

(54,318)

C. CASH FLOWS FROM FINANCING ACTIVITIES

Long term financing - secured

(33,600)

(39,000)

Long term loans to employees

(1,042)

167

Net cash used in financing activities

(34,642)

(38,833)

Net increase / (decrease) in cash and cash equivalents

23,129

(16,096)

Cash and cash equivalents at the beginning of the period

18,214

55,648

Cash and cash equivalents at the end of the period

41,343

39,552

The annexed notes form an integral part of these financial statements.