The General Manager,
Pakistan Stock Exchange Limited Stock Exchange Building,
Stock Exchange Road,
Karachi.SUBJECT: FINANCIAL RESULTS FOR THE YEAR ENDED JUNE 30, 2025.
Dear Sir,
FOILM-3 06-I 0-2fi25
We have to inform you that the Board of Directors of our Company, in their meeting held on Monday. October 06, 2025, at 2:30 P.M. at the Registered Office of the Company, Tricon Corporate Centre. Office No. 70 1, 7" Floor, 73-E, Main Jail Road, Gulberg-11, Lahore, recommended the following:
-
CASH DIVIDEND
NIL
SHAHzAD T E X T I L E
BONUS SHARES NIL
-
RIGHT SHARES
AND/OR
ANO/OR
AND/OR -
ANY OTHER ENTITLEMENT/ CORPORATE ACTION
NlL
AND/OR ANY OTHER PRICE SENSITIVE INFORMATION
The Board of Directors has decided to dispose of the Company's Assets held for Sale, subject to the approval of shareholders.
The financial statements of the Company are attached.
The Aniaual General Meeting of the Company will be held on Tuesday. October 28, 2025. at 2:30 p.ir. at Tricon Corporate Centre. Office No. 70 1, 7" Floor, 73-E, Maim Jail Road, Gulberg-1 I. Lahore.
The Shares Transfer Books of the Company will be closed from October 2l , 2025, to October 28, 2025 (both days inclusive). Transfers received at the Share Registrar Office of the Company Mls Hameed Majeed Associates (Pvt) Ltd, H.M. House 7-Bank Square, Lahore, at the close of business on Octoher 20, 2025, will be treated in time for the purpose of the above entitlement to the transferees.
Shahzad Textile Mills Ltd.
T: +92 42 36407340, 36407341, 36407342.
E: info@shahzadtex.com A: Tricon Corporate Center, 7th Floor, Office 701, 73-E, Jail Road, Gulberg II, Lahore,Pakistan.
5HAHzAD
T E X T I L E
The Annual Report of the Company will be transmitted through PUCARS at least 21 days before the holding of the Annual General Meeting.
Thanking you.
Yours sincerely,
For SHAHZAD TEXTILE MILLS I.IM1'fâD
CHIEF EXECUTIVE
Encl. As above
Shahzad Textile Mills Ltd.
T: +92 42 36407340, 36407341, 36407342.
E:info@shahzadtex.com A: Tricon Corporate Center, 7th Floor, Office 701, 73-E, Jail Road, Gulberg II, Lahore,Pakistan.
SHAHZAD TEXTILE MILLS LIMITED
STATEMENT OF FINANCIAL POSITION AS AT JUNE 30, 2025
EQUITY AND L1ABZ ES
Share Capital and ReservesAuthorized share capital:
40,000,ooo (202R: 4o,ooo,oooj ordinary
Note
2025Rupees
202A
Rupees
ASSETS
Non Current Meets
2,721,R85,898 1,054,875,759 38R7,498 | 2,7gi,24o,8z2 108,150,000 916,777,204 3,847,44B |
Property, plant and equipment Investment property
Note
15
16
2025
Rupees
2O24
Rupees
shares of Rs. 10 each
00 000 000 400,000,000
investment in associate 17
tssued, subscribed and paid up capital | 5 | 179,713,720 | t79,713,720 | ||||
Reserves Surplus on revaluation of property, plant and equipment | 6 7 | 2,125,746,811 t,227,095,342 | 1,902,233,795 1,244,680,240 | Current Meets | 3,780,209, 105 | 3,8Z0,015,R64 | |
3,532,555,873 | 3,326,627,755 | Stores and spares | 19 | ||||
Stock in trade | 20 | ||||||
Non Current Liabilities | Trade debs | 21 | |||||
Long term financing | 8 | 144,357,091 | 221,437,467 | and other receivables | 22 | ||
Deferred tax liability | 9 | 498,554,367 | 140,547,106 | Short term investments | 23 | ||
Fax refunds due from tne Government | z4 | ||||||
642,911,458 | 661,984,573 | Cash and bank balances | 2s | ||||
Long term deposit 18
219,573,323 | 183,932,570 |
857,585,734 | 755,307,391 |
166,305,619 | 301,813,05a |
294,994,302 | 205,693,866 |
t5I,375,056 | 36,566,313 |
30t,958,926 | 3S7,R58,586 |
386,232,885 | 209,150,150 |
Advances, deposits, prepayment
Current Liabilities
Trade and other payables Unclaimed dividends Unpaid dividends
Accrued mark up
Current portion of non-current liabilities Short term borrowings
Provision for taxation
Contingencies and Commitment
10
935,37t,I56 | 78,3@,2@ |
146,29R | 146,294 |
199,348 | 199,348 |
18,315,179 | 35,003,816 |
83,350,763 | 183,350,763 |
871,518,668 | 809,338,R31 |
143,316,211 | 3R,922,150 |
1 12
13
2,t52,2}7,619
14
6,327,684,950
1,88t,325,066
5,869,937,394
Asset held for sale
2,377,525,845
26 t69,950,000
6,327,68R,950
2,019,921,930
5,869,937,39P
ii
R
The annexed notes from 1 to 47 form an integral part of these financial statements.
CHP EXECUTIVE OFFICER
SHAHZAD TEXTILE MILLS LIMITED
STATEMENT OF PROFIT OR LOSS FOR THE YEAR ENDED JUNE 30, 2025
2025
2024
Sales | Note 27 | Rupees Rupees 11,37T,016,350 11,014,646,483 | ||
Cost of sales | 28 | (10,675,808,622) (10,497,180,486) | ||
Gross Profit | 695,207,728 | 517,465,997 | ||
Operating Expenses | ||||
SelJing and distribution costs | 29 | (182,094,546) | (145,037,796) | |
Administrative expenses | 30 | (322,551,897] | (286,615,705) | |
(504,646,493) | (431,653,SOT) | |||
Operating Profit | 190,561,285 | 85,812,496 | ||
Finance cost | 31 | (117,875,372} | (192,537,238) | |
Other operating expenses | 32 | (18,706,067) | (16,667,437) | |
Other income | 33 | 215,510,214 | 138,859,631 | |
Share of net profit of associate | 17 | 81,742,350 | 66,986,400 | |
160,671,125 | (3,358,644) | |||
Profit before Levy and Taxation | 351,232,410 | 82,453,852 | ||
Levy / final taxation | 34 | (71,305,284) | (134,922,150) | |
Profit / (Loss) before Taxation | 279,927,126 | (52,468,298) | ||
Taxation | 3R | (121,901,782) | (46,314,680) | |
Net Profi / tLoss) for the Year | 5802 | f9B,7B2,978) | ||
Earning / (Loss) per Share - Basic and Diluted | 35 | 8.79 | 5.50/ | |
The annexed notes from 1 to 47 form an integral part of these financial statements.
IEF EXECUTIVE OFFICER
DIR WOR
CHI FINANCIAL OFFICERPage 3 of 41
SHAHZAD TEXTILE MILLS LIMITEDSTATEMENT OF COMPREHENSIVE INCOME FOR THE YEAR ENDED JUNE 30, 2025
Net Profit / (Loss) for the Year
Other Comprehensive Income for the Year
Items that will nat be reclassified to p/oCit or Ioss•
Revaluation surplus on property, plant and equipment Related tax impact
Share in other comprehensive income of associate Related tax impact
Other comprehensive income for the year
Total Comprehensive Income for the Year
CHIE FINANCIAL OFFICER
The annexed notes from I to 47 form an integral part of these financial statements.
DIRE OR
CHIEFEMECUTIVE OFFICER
2025
Rupees
430,964,969 (18,064,091) 412,900,878 6,670,183 (1,000,527) 5,669,656 | |
56,356,205 (8,453,431) | |
47,902,774 |
158,025,344
47,902,774
205,928,t18
2024
Rupees
(98,782,978)
418,570,534
319,787,556
Pape 4 oy41
SHAHZAD TEXTILE MILLS LIMITEDSTATEMENT OF CHANGES IN EQUITY FOR THE YEAR ENDED JUNE 30, 2025
Particulars | Zssued Subscribed and Paid up Capital | Reserves | Surplus on Revaluation of Property, Plant and Equipment | Total | |||
Revenue Resezwes | Total | ||||||
Share Premium | Unapprogriated | ||||||
Balance as at3une 30, 2023 | Rupees 179,713,720 | Rupees 5,796,000 | Rupees 1,987,457,457 | Rupees 1,993,253,457 | Rupees 838,080,271 | Rupees 3,011,047,448 | |
Net loss for the year | (98,782,978) | (98,782,978) | (98,782,978) | ||||
Other comprehensive income for the year | 5,669,656 | 5,669,656 | 412,900,878 | 418,570,534 | |||
Total comprehensive income for the year | (93,113,322) | (93,113,322) | 412,900,878 | 319,787,556 | |||
Incremental depreciation charged on revalued property, plant and equipment transferred to retained earning - net of deferred tax | 17,663,173 | 17,663,173 | (17,663,173) | ||||
Impact of deferred tax on export rate adjustment | 11,362,264 | 11,362,264 | |||||
Share in associate's change in deferred tax rate | (15,569,513) | (15,569,513) | |||||
Balance as at 3une 30, 2024 | 179,713,720 | 5,796,000 | 1,896,437,795 | 1,902,233,795 | 1,244,680,240 | 3,326,627,755 | |
Net profit for the year | 158,0Z5,344 | 158,025,344 | 158,025,344 | ||||
Other comprehensive income for the year | 47,902,774 | 47,902,774 | 97,902,7Z4 | ||||
Total comprehensive income for the year | 205,928,1t8 | 205,928,118 | 205,928, 118 | ||||
Incremental depreciation charged on revalued property, plant and equipment transferred to retained earning - net of deferred tax | 17,584,898 | 17,584,898 | (17,58R,B98) | ||||
Balance as at 3une 30, 2025 | T79 713.720 | 5,796,000 | 2,119,950,811 | 2,125,746,811 | 1,227,095,342 | 3,532,555,873 | |
The annexed notes from 1 to 47 form an integral part of these financial statements.
CHIEF EXECU¥IUE OFFICER
CHZ FZNANCIAL OFFICER
DUE
OR
SHAHZAD TEXTILE MILLS LIMITED
STATEMENT OF CASH FLOWS FOR THE YEAR ENDED JUNE 30, 2025
Note
2025
Rupees
2024
Rupees
CASH GENERATED FROPt OPERATIONSIncome tax paid Gratuity paid Finance cost paid
Workers' welfare fund paid
36 662,026,811 201,967,435
(202,031,413) | (76,196,287) |
(164,096,465) | |
(123,934,178) (462,383) | (179,116,840) |
(326,427,974) (419,359,592)
(57,425,425) | (4,6g ,s71) |
(114,808,743) | (1,003,000) |
24,425,000 | 2,760,000 |
4,193,205 | t4,574,090 |
t77,080,376 | (75,403,657] |
421,867,716 | |
62,180,237 |
Net Cash Generated from / (Used in) Operating Activities CASH FLOW FROF'I INVESTING ACTTVTTIES | 335,598,837 | (217,392,157) | |||
Property, plant and equipment purchased Short term investments made Proceeds from disposal of property, plant and equipment Receipt of profit on saving account and TORs | |||||
Net Cash (Used in) / Generated from Investing Activities | (143,615,963) | 11,631,619 | |||
CASH FLOW FROt"I FINANCING ACTIVITIES | |||||
Long term financing repaid Short term borrowings - net | |||||
Net Cash (Used in) / Generated from Financing Activities 37 (14,900,139) 316,464,059 | |||||
Net Increase in Cash and Cash Equivalents | 177,082,735 | 1R0,703,521 | |||
Cash and cash equivalents at the beginning of the year | 209,150,150 | 68,446,629 | |||
Cash and Cash Equivalents at the End of the Year | 25 | 386,232,885 | 209,150,150 | ||
)
The annexed notes from 1 to 47 form an integral part of these financial statements.
F EXECUTTVE OFFICER
CHI FINANCIAL OFFICER
DI
CTOR