Shifa International Hospitals LimitedPSX: SHFA

Financial Results for the 1st Quarter Ended September 30, 2025

· Issued by Shifa International Hospitals Limited


"' r"' JR

Shifa International Hospitals Ltd.

Sector : H-8/4, Islamabad - Pahstan Tel : 051 -8463000

FOx : OU -4063182

October 27, 2025

The General Manager Pakistan Stock Exchange Ltd Stock Exchange Building, Stock Exchange Road, Karachi.

Financial Results for the 1•' Quarter Ended September 30, 2025

Dear Sir,

We have to inform you that the Board of Directors of Shifa International Hospitals Limited in their meeting held on Saturday, October 25, 2025 at 1600 hours approved the unaudited financial statements of the Company for the 1•' Quarter ended September 30, 2025.



Nil cash dividend was recommended in the Board Meeting. The financial results of the Company are attached herewith. Yours truly,

MUHAMMAD NAEEM

Company Secretary

Cc: The Executive Director/ HOD,

Offsite - II Department, Supervision Division, Securities & Exchange Commission of Pakistan 63, NIC Building, Jirinah Avenue,

Blue Area, Islamabad

SHIFA INTERNATIONAL HOSPITALS LIMITED CONDENSED INTERIM UNCON8OLIDATED STATEMENT OF FINANCFAL POSITION

AS AT SEPTEMBER 50, 2025

SHARE CAPITAL AND RESERVES

Authorised share capital

100,000.000 (June 2025: 100.000,000) ordinary

Unaudited Audited

September 30, June 30,

2025 2025

(Rupees in '000')

NON - CURRENT ASSETS

Property, plant and equipment Intangible assets

Unaudited Audited

September 30, June 30,

2025 2025

(Rupees in '000')

%262,150 8.61#.24T

40,327 43.052

shares of Rs. 10 each

1,000,000 1.000,000 Investment property - at cost

Capital reserves

thaze premium

2,738,888

2,738.888

16,454,209

13.913,721

Surplus on revaluation oFproperty, plant and equipment

1,10 1,497

1,104.985

Revenue reserves

Long ten investments - at cost

624,872 624.872

6,421,601 4,522,553

Issued, subscribed and paid up capital

632,144

632. 144

Long term deposits

105,259 105,003

Unappropriated profit

NON - CURRENT LIABILITIES

Long term finaming - secured Deferred liabilities

CURRENT LIABILITIES

2,J89,090

I ,649.21 I

Stores, spare parts and loose tools Stock in trade

Ttade debts

Trade and other payables

5,576,028

4,865.657

Loans and advances

tJnclaimed dividend

48,812

48.935

Deposits. prepayments and other

Markup accrued

7,644

7.974

receivables

Taxation - net

115,391

104,501

Markup accrued

Current portion of long term financing - secured

243,009

2S5,l90

Other financial assets

Curmnt portion of leMe liabilities

208,539

192,895

Cash and bank balances

Lease liabilities

10,577,667 9,830.602

15,050,196 14.306.619

909,0t2

853,419

102979

289.268

977,099

506,524

CURRENT ASSETS

CONTINGENCIES AND COMMITMENTS

6,199,423 5,475. i52

23,438,709 21,430,982

6,984,500 7 5l7A61

217,446

224.161



t,998,532

959.987

1.461.456

J tS,8t4

13g.025

223,100

196.244

16,615

19,219

1,030,651

1,006,355

2,430,634

3,511,814

23,438,709 21,430,982



SHIFA INTERNATIONAL HOSPITALS LIMITED

CONDENSED INTERIM UNCONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME (UNAUDITED)

FOR THE THREE MONTHS PERIOD ENDED SEPTEMBER 30, 2025

September 30, September 50,

2025 2024

(Rupees in '000')

Revenue - net

7,615,508

7,06 1,368

Other income

95,868

44,943

Operating costs

(6,374,524)

(5,951,540)

Finance costs

(84,281)

(98,915)

Expected credit losses

Profit before levies and income tax Income tax expense

Profit for the period

(24,151) (19,885) 1,228,420 1,035,971

(484,843) (407,296) 743,577 628,675



Other comprehensive income for the period - net of tax



Total comprehensive income for the period

743,577 628,675

Earnings per share - basic and diluted (Rupees)

9.95



SH1FA INTERNATIONAL HOSPITALS UM ITED

CONDENSED INTERIM UNCONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED)

FOR THE THREE MONTHS PERIOD ENDED SEPTEMBER 30, 2025

Share

ca pi tab

Share

premium

Surplus on revaluation of property, plant and equipment

Unappropriated profit

Total

(Rupees in '000')

Balance as at July 01, 2024



632,144

2,73 8,888

920,827

7,624,15 7

11,916,016

Total comprehensive income

Profit for the period

-

628,675

628,675

Other comprehensive income - net of tax

-

628,675

628,675

Transfer of revaluation surplus on property,

plant and equipment in respect of incremental depreciation / amortisation

-

(2,818)

2,818

-

Balance as at September 30, 2024

632,144

2,738,888

918,009

8,255,650

12,544,691

Balaace as at July 01, 2025

632,144

2,738,888

1,104,985

9,830,602

14,306,619

Total comprehensive income Profit for the period

Other comprehensive income - net of tax

Transfer of revaluation surplus on property, plant and equipment in respect of incremental depreciation / amortisation

Balance as at September 30, 2025

32 14 2 38 888

743,577 743,577

743,577 743,577

(3,488) 3,488



SHIFA INTERNATIONAL HOSPITALS LIMITED CONDENSED INTERIM UNCONSOLIDATED STATEMENT OF CASH FLOWS tUNADDITED)

FOR THE THREE MONTHS PERIOD ENDED SEPTEMBER 30, 2025

September 30, September 30,

2025 2024

(Rupees in '000')

7,866

12,302

8,279

21,370

(561,227)

(449,580)

22,211

(142,650)

(26,856)

(14,608)

(262,115)

21 6,035

(811,842)

(357,131)

913,173

1, 189,351

(54,287)

(80,996)

(467,968)

(239,156)

(71,258)

(142,681)

(30,506)

(19,586)

(32,010)

(21,306)

257,144

685,626

CASH FLOWS FROM OPERATINO ACTIVI TIES

Profit before levies and income tax

l,228,d20

1,035,971

Adjustment of non-cash income and expense

496,595

510,511

Operating cash flows before changes in working capital

1,725,015

1,546,482

Changes in working capital

(Increase) I decrease in current assets:

Stores, spare parts and loose tools Stock-in-trade

Trade debts

Loans and advances

Deposits, prepayments and other receivables Increase / (decrease) in current liabilities:

Trade and other payables

Cash generated from operations Finance costs paid

Income tax paid

Payment to SIHL Employees' Gratuity Fund Trust Compensated absences paid

Payment to defined contribution plan

Net cash generated from operating activities

CASH FLOWS FROM INVESTING ACTIVITIES

Addition to property, plant and equipment Addition to long term investments

Proceeds from disposal of property, plant and equipment

Matkup received

Increase in long term deposits

diet cash used in investing activities

CASH FLOWS FROM FINANCING ACTIVITIES

Long term financing - repayments Proceeds from long term financing Payment of lease liabilities

Dividend paid

Net cash used in financing activities

Net decrease in cash and cash equivalents

Cash and cash equivalents at the beginning of the period Effect of exchange rate changes on cash and cash equivalents Cash and cash equivalents at tbe end of tbe period

(1,288,940)

(361,904)

(987,017)

(142,081 )

(630,094)

78

15

13,427

60,159

t256)

f4,850)

(67,152)

110,544

(253,898d

52,999

(107,490)

(102,582)

( i 22

( 123)

t59,293) (1,091,089) 3,51d,814

9,909

2,433,634

(763,583)

I 308.511)

(386,468)

2,132,377

(802)

I ,740,107



SHIFA INTERNATIONAL HOSPITALS LIMITED

CONDENSED INTERIM CONSOLIDATED STATEMENT OF FINANCIAL POSITION AS AT SEPTE6iBER 30, 2025

Unsudited Audited September 30, June 30,

202S 2025

Unaudited Audited

September 30, June 38,

202? 202?

(Rupees in '000') (Ruyeee in '000')

SHARE CAPITAL AND RESERVES

NON - Ct*RRENT AS8ETS

Authorised share capita!

Property, plant and equipment

I 5,982,875

I 4,992,071

100.000,000 (June 2025: 100,000,000)

ordinary

Intangible assets

40,239

42,701

shares ofRs. 10 each

1,000,000

Investment property - at cost

624,872

624.872

Long term investments

814,503

740,157

i x»a. •bscribed and paid ug capital

G32,44

632,144

Long tern advances to suppliers and contractors

465,391

324.174

tapitgT reserves Long term deposits 118,218 117.961

Share premium

2,758,888

2,738,888

18,046,096 16,841,936

Surplus on revaluation

of properly,

plant

end

equipment

2,742,355

2,355.123

Revenue resents

Unappropriated profit

9,357,992

9,203,864

T.6,477,379

14,930,0 J9

NON - CONTROLLING INTEREST

1,888,181

2,967.0t›6

NON - CURRENT LiABILIT£ES

Long term financing • secured

Referred liabilities

Lease liabilities

CURRENT ASSETS

2,189,090

1,649,211

Stores, spare parts and loose tools

CURRENT LIABILITIES

Stock in trade

Trade and other payables

Trade debts

Unclairned dividend

loans and advances

Markup accrued

Deposits, ptepaymcnls and other receivables

Taxation - net

Markup accused

Current portion of long term financing - secured

Other financial assets

Cunent portion oflease liabilities

Cash and bank balances

CONTINGENCIES AND COMMITMENTS

6,l97,Id3 5,462.965

909,012

853,419

302,97S

289,268

977,ti99

506,524

5,617,307

4,895,I38

48,812

4g.935

7,644

7,974

7T,832

62,8?3

243,009

255,190

208,539

I92,B9S

25,745,793 25,009.261

7,699,697 8,167,325

217,446

224,161

95L708

959987

1,998,552

1,461,456

324,290

451.724

2é 75B

213.443

16M5

11219

1,62S,I62

1,075,513

2,522,186

3,761,620

25,745,791 25,009,261



SHIFA INTERNATIONAL HOSPITALS LIMITED

CONDENSED INTERIM CONSOLIDATED STATEMENT OF PROFIT OR LOSS AND OTHER

COMPREHENSIYE INCOME (UNAUDITED) FOR THE THREE MONTHS PERIOD ENDED SEPTEMBER 30, 2025

September 30, September 30,

2025 2024

(Rupees in '000')

Revenue - net

7,615,508

7,061,368

Other income

107,680

58,826

Operating costs

(6,386,288)

(5,955,299)

Finance costs

(84,294)

(95,529)

Expected credit losses

(25,563)

(19,885)

Share of(loss) / profit of associate

(654)

5,324

Profit before levies and income tax

1,226,389

1,054,805

-

(1,751)

1,226,389

1,053,054

(484,847)

(415,545)

741,542

637,509

741,542

637,509

741,245

643,596

297

(6,087)

741,542

637,509

11.73

10.18

Levies

Profit before income tax Income tax expense Profit for the period

Other comprehensive income for the period - net of tax Total comprehensive income for the period

Attributable to:

Equity holders of Shifa International Hospitals Limited Non-controlling interest

Earnings per share - basic and diluted (Rupees)



SHIFA INTERNATIONAL HOSPITALS LIMITED

CONDENSED INTERIM CONSOLIDATED STATEMENT OF CHANGES IN EQUITY (UNAUDITED)

FOR THE THREE MONTHS PERIOD ENDED SEPTEMBER 30, 2025

Share capital

Share premium

Surplus on revaluation of property, plant and equipment

Un -appropriated profit



interest (NCI)

Total

(Rupees in '000')

Balance as at July 01, 2024 Total comprehensive income



632,144

2,738,888

2,021,310

7,118,684

2,470,891

14,981,917

Profit / (loss) for the period

-

-

-

643,596

(6,087j

637,509

Other comprehensive income - net of tax

-

-

-

643,596

f6,087)

637,509

Transfer of revaluation surplus on property, plant and equipment in respect of incremental depreciation / amortisation

(6,583)

6,583

NCI recognised during the period

385,743

385,743

Balance as at September 30, 2024

632, 144

2,738,888

2.014,727

7,768,863

2,850,547

I 6.005, 169

Balance as at July 01, 2025



632,144

2,738,888

2,355,123

9,203,864

2,967,066

37,897,085

Total comprehensive income

Profi t for the period

Other comprehensive income - net of tax



297

1,5 2

Equity adjustment on acquisition ofNCI

Transfer of revaluation surplus on property, plant and equipment in respect of incremental depreciation / amortisation

NCI recognised during the period

-

Balance as at Septezaber 30, 2025

2

4 738

741,245

197

741,542

393,344

(593,229)

(1,426,844)

(1,626,729)

t6,1l2) 6,112

- 347,662 347,662

17 359 560



SHIFA INTERNATIONAL HOSPITALS LIMITED

CONDENSED INTERIM CONSOLIDATED STATEMENT OF CASH FLOWS (UNAUDITED) FOR THE THREE MONTHS PERIOD ENDED SEPTEMBER 30, 2025

CASH FLOWS FROM OPERATING ACTIVITIES

September 30, September 50,

2025 2024

(Rupees in '000')

Profit before levies and income tax

1,226,389

1,054,805

7,866

12,302

8,279

21,370

(561,226)

(449,582)

22,212

( 142,543)

(30,313)

( 19,415)

(250,321)

216,268

t803,503)

(361,600)

914,670

1,178,449

{54,299)

(81,007)

(469,861)

(248,561 j

(71,258)

(142,681)

(30,506)

(19,586)

(32,010)

(21,308)

256,736

665,306

Adjustment of non-cash income and expense 491,784 485,244

Operating cash flows before changes in working capital Changes in working capital:

tlncrease) / decrease in current assets: Stores, spare parts and loose tools Stock in trade

Trade debts

Loans and advances

Deposits, prepayments and other receivables Increase / (decrease) in current liabilities:

Trade and other payables

Cash generated from operations Finance costs paid

Income tax paid

Payment to SIHL Employees' Gratuity Fund Trust Compensated absences paid

Payment to defined contribution plan

Net cash generated from operating activities

CASH FLOWS FROM INYESTING ACTIVITIES

Addition to property, plant and equipment Addition to long term investments Encashment of other financial assets - net

Proceeds from disposal of property, plant and equipment

Markup received

Increase in advances to suppliers and contractors Increase in long term deposits

Net cash used in investing activities

CASH FLOWS FROM FINANCING ACTIV ITIES

Non-controlling interest (NCI) Payment against acquisition ofMCI Long term financin g - repayments Proceeds from long term financing Payment of lease liabilities

1,718,173

(713,472)

(143,467)

(75,000)

(75,000)

627

10,065

78

15

24,725

70,868

(141,217)

(257)

{4,850)

(858,373)

1,540,049

(188,512d

Dividend paid

activities

(122,320) 107.497

3t7,662

385.743

(4t0,689)

(67,132)

(253,898)

52,999

110,544

{102,582)

(77,2*5

(122)

(t23)

Net cash (used in) / generated from financing

Net (decrease) / increase in cash and cash equivalents

(723,957)

3,809,140

584,291

2,383,305

Cash and cash equivalents at the beginning of the period Effect of exchange rate changes on cash and cash equivalents Cash and cash equivalents 8t the end of the period

9,909 {802)

3,095,092 2,966,794