ZAHIDJEETEXTILE MILLS LIMITED
ZTNL/FR-Q-2/2025
Date: February 28, 2026
The General Manager Pakistan Stock Exchange Limited Karachi.
Dear Sir,
ANNOUNCEPIENT OP FINANCZALgES.ULZS FORTHE HALF'¥€ARENDED DECEI4BER31.2025
We wish to inform you that the Board of Directors of Zahidjee Textile Mills Limited in its meeting held on February 28, 2026, at 01:30 P.m. at the Company's Head Office, has approved the Financial Statements of the Company for the Half Year Ended December 31,2025, and recommended the following:
Cash Dividend
Bonus Shares
Right Shares
Nil Nil Nil
The Financial Results of the company :
The condensed interim statement of profit & loss (Un-audited) for the period ended December 31,2025 is enclosed as Annexure A.
The Quarterly Report of the Company for the period ended December 31,2025, will be transmit:ted through PUCARS, within the specified time.
YcxJrs Faithfully,
Company ecretary
CC: Director/HOD
Surveillarxe, Supervision and Enforcerrertt DepartrrBnt securities and Exchange Commission of Pakistan NIC Buildinq,63 Jinnah Avenue
Islamabad.
131-A, P-Street, Upper Mall, Lahore-Pakistan (54000)
Tel:+92 42 35777290-3 Email: cfo@zahidjee.com.pk URL: www.zahidjee.com.pk
CamScanner
ZAHIDJEE TEXTILE MILLS LIMITED
CONDENSED INTERIM STATEMENT OF FINANCIAL POSITION (UN-AUDITED) AS AT DECEMBER 31, 2025
19,174,379,964
4,975,784
18,505,649,319
4,975,784
NON - CURRENT ASSETS
Un-audited Audited
December 31, June 30,
Note 2025 2025
Rupees Rupees
Property, plant and equipment 3
442,766,877 | 383,364,754 | |
8,908,293,623 | 6,905,732,976 | |
3,542,017,030 | 3,869,618,724 | |
557,782,861 | 549,999,800 | |
87,863,614 | 271,242,785 | |
159,299,430 | 416,541,050 | |
269,413,861 | 225,474,638 | |
1,281,805,708 | 1,090,117,589 | |
4,436,980,804 | 4,070,690,472 | |
19,686,223,808 | 17,782,782,788 | |
3,350,032,922 | 3,555,601,002 | |
180,411,913 | 186,572,329 | |
7,518,385,782 | 5,316,693,264 | |
12,873,679 | 12,873,679 | |
856,155,315 | 1,017,143,779 | |
639,265,071 | 750,581,810 | |
12,557,124,682 | 10,839,465,863 |
Stores, spares and loose tools Stock in trade Trade debts Loans, advances and deposit Prepayments Other receivables Short term investment 4 Tax refunds due from Government Cash and bank balances 5 CURRENT LIABILITIES | ||||
Trade and other payables | ||||
Interest / mark up payable | ||||
Short term borrowings | ||||
Unclaimed dividend | ||||
Current portion of long term finance | ||||
Provision for taxation - income tax | ||||
25,639,724,229 | 26,122,672,673 | |||
NON - CURRENT LIABILITIES | ||||
Long term finance Deferred liability | 1,295,694,532 | 2,482,101,050 | ||
Staff retirement gratuity | 49,219,853 | 35,886,523 | ||
Deferred taxation | 6 | 2,689,252,124 | 2,739,161,405 | |
4,034,166,509 | 5,257,148,978 | |||
CONTINGENCIES AND COMMITMENTS | 7 | - | - | |
Net worth | 21,605,557,720 | 20,865,523,695 | ||
Represented by : | ||||
Share capital Capital reserves | 8 | 1,914,210,990 | 1,914,210,990 | |
Merger reserve Surplus on revaluation of | 366,258,513 | 366,258,513 | ||
property, plant and equipment | 6,393,254,685 | 6,574,220,175 | ||
Revenue reserves | 9 | 12,931,833,532 | 12,010,834,017 | |
21,605,557,720 | 20,865,523,695 | |||
Long term security deposits CURRENT ASSETS
18,510,625,103 19,179,355,748
21,605,557,720 20,865,523,695
CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER ZAHIDJEE TEXTILE MILLS LIMITED CONDENSED INTERIM STATEMENT OF PROFIT OR LOSS (UN-AUDITED) FOR THE HALF YEAR ENDED DECEMBER 31, 2025
Quarter ended December 31, Half year ended December 31,
Note | 2025 Rupees | 2024 Rupees | 2025 Rupees | 2024 Rupees |
Sales 10 | 9,409,458,950 | 10,045,616,277 | 18,805,204,710 | 20,172,028,907 |
Cost of sales 11 | 8,904,099,928 | 9,561,899,803 | 17,510,675,275 | 19,043,097,073 |
Gross profit | 505,359,022 | 483,716,474 | 1,294,529,435 | 1,128,931,834 |
Trading profit 12 | 176,780 | 96,629 | 176,780 | 96,629 |
Other income 13 | 14,098,553 | 150,004,697 | 281,297,286 | 439,656,266 |
519,634,355 | 633,817,800 | 1,576,003,501 | 1,568,684,729 | |
Distribution cost | 28,407,884 | 33,970,743 | 113,247,222 | 120,004,638 |
Administrative expenses | 97,952,798 | 107,680,540 | 157,378,176 | 163,169,085 |
Other operating expenses | 27,619,089 | 11,249,029 | 61,796,837 | 38,216,170 |
Finance cost | 284,483,576 | 267,185,929 | 513,033,053 | 521,187,596 |
438,463,347 | 420,086,241 | 845,455,288 | 842,577,489 | |
Profit for the period before levies and taxation | 81,171,008 | 213,731,559 | 730,548,213 | 726,107,240 |
Levies | 12,050,309 | 54,978,762 | 64,137,277 | 81,851,197 |
Profit for the period before taxation | 69,120,699 | 158,752,797 | 666,410,936 | 644,256,043 |
Provision for taxation 14 | (155,404,567) | (201,663,352) | (42,959,975) | (13,217,151) |
Profit for the period | 224,525,266 | 360,416,149 | 709,370,911 | 657,473,194 |
Earnings per share - Basic and diluted | 2.15 | 1.88 | 3.71 | 3.43 |
CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER ZAHIDJEE TEXTILE MILLS LIMITED CONDENSED INTERIM STATEMENT OF CASH FLOWS (UN-AUDITED) FOR THE HALF YEAR ENDED DECEMBER 31, 2025
Un-Audited Un-Audited
Dec-31 Dec-31
2025 2024
Note Rupees Rupees
a) CASH FLOWS FROM OPERATING ACTIVITIES | |||
Profit for the year before Levies and income tax | 730,548,213 | 726,107,240 | |
Adjustment for: Depreciation of property, plant and equipment | 3.1 | 827,040,956 | 620,464,058 |
Profit on deposits | 13 | (230,835,096) | - |
Provision for staff retirement gratuity | 13,333,330 | - | |
Loss / (gain) on disposal of operating assets - net | 2,342,986 | (179,675) | |
Loss on disposal of short term investments - net | 539,696 | - | |
Fair value (Gain) on short term investments | 13 | (33,426,200) | (41,784,554) |
Balances written (back) - net | (5,087,720) | (10,618,811) | |
Finance cost 513,033,053 521,187,596
Operating cash flows before working capital changes 1,817,489,218 1,815,175,854 Changes in working capital
(Increase) / decrease in current assets
Stores, spares and loose tools | (59,402,123) | (11,822,322) | |
Stock in trade | (2,002,560,647) | (1,535,185,597) | |
Trade debts | 332,689,414 | (137,602,763) | |
Loans, advances and deposit | 335,294 | (11,958,366) | |
Prepayments | (7,711,873) | 117,725,476 | |
Other receivables | 231,695,308 | (7,447,015) | |
Tax refunds due from Government- sales tax | 185,898,211 | (276,557,928) | |
(Decrease) / increase in current liabilities | |||
Trade and other payables | (205,568,080) | 735,606,170 | |
(1,524,624,496) | (1,127,242,345) | ||
Cash generated from operating activities | 292,864,722 | 687,933,509 | |
Finance cost paid | (519,193,469) | (529,461,883) | |
Income tax paid | (346,353,735) | (328,760,065) | |
Net cash (used in) operating activities | (572,682,482) | (170,288,439) |
Un-Audited Un-Audited
Dec-31 Dec-31
2025 2024
Note Rupees Rupees
-
CASH FLOWS FROM INVESTING ACTIVITIES
Additions in:
Property, plant and equipment
3.1
(162,301,297)
(182,349,339)
Short term investment
(25,888,361)
-
Proceeds from disposal of operating assets
1,648,000
2,358,500
Proceeds from disposal of short term investment
14,835,528
-
Profit on deposits 256,381,408 -Net cash generated from / (used in) investing activities 84,675,278 (179,990,839)
- CASH FLOWS FROM FINANCING ACTIVITIES
Long term finance obtained | - | 6,400,900 | |
Repayment of long term finance | (1,347,394,982) | (661,990,534) | |
Increase in short term borrowings - net | 2,201,692,518 | 991,860,843 | |
Net cash generated from financing activities | 854,297,536 | 336,271,209 | |
Net increase / (decrease) in cash and cash equivalents (a+b+c) | 366,290,332 | (14,008,069) | |
Cash and cash equivalents at the beginning of the period | 4,070,690,472 | 4,139,123,929 | |
Cash and cash equivalents at the end of the period | 4,436,980,804 | 4,125,115,860 |
CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER
ZAHIDJEE TEXTILE MILLS LIMITED
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UN-AUDITED) FOR THE HALF YEAR ENDED DECEMBER 31, 2025
ISSUED, | CAPITAL RESERVES | REVENUE RESERVES | |||||
SUBSCRIBED AND PAID-UP CAPITAL | Merger reserve | Surplus on revaluation of property, plant and equipment | Sub total | General reserve | Unappropriated profit | Sub total | Total |
----------------------------------------------------- R u p e e s -----------------------------------------------------
Balance as at July 01, 2024 (Audited) Total comprehensive income for the period | 1,914,210,990 | 366,258,513 | 3,491,794,897 | 3,858,053,410 | 300,000,000 | 9,939,880,679 | 10,239,880,679 | 16,012,145,079 |
Profit for the period | - | - | - | - | - | 657,473,194 | 657,473,194 | 657,473,194 |
Other comprehensive income | - | - | - | - | - | - | - | - |
- | - | - | - | - | 657,473,194 | 657,473,194 | 657,473,194 | |
Incremental depreciation on | ||||||||
revalued assets for the period - net of deferred tax | - | - | (215,407,940) | (215,407,940) | - | 215,407,940 | 215,407,940 | - |
Adjustment of deferred tax for the period | - | - | 51,322,064 | 51,322,064 | - | - | - | 51,322,064 |
Balance as at December 31, 2024 (Unaudited) | 1,914,210,990 | 366,258,513 | 3,327,709,021 | 3,693,967,534 | 300,000,000 | 10,812,761,813 | 11,112,761,813 | 16,720,940,337 |
Total comprehensive income for the period | ||||||||
Profit for the period | - | - | - | - | - | 837,307,595 | 837,307,595 | 837,307,595 |
Surplus on revaluation of property, plant and equipment arisen during the year | - | - | 4,988,696,347 | 4,988,696,347 | - | - | - | 4,988,696,347 |
Related deferred tax | - | - | (1,317,370,673) | (1,317,370,673) | - | - | - | (1,317,370,673) |
- | - | 3,671,325,674 | 3,671,325,674 | - | 837,307,595 | 837,307,595 | 4,508,633,269 | |
Incremental depreciation on | ||||||||
revalued assets for the period - net of deferred tax | - | - | (45,157,700) | (45,157,700) | - | 45,157,700 | 45,157,700 | - |
Surplus realised on disposal of property, plant and equipment - net of deferred tax | - | - | (15,606,909) | (15,606,909) | - | 15,606,909 | 15,606,909 | - |
Adjustment of deferred tax for the period | - | - | (364,049,911) | (364,049,911) | - | - | - | (364,049,911) |
Balance as at June 30, 2025 (Audited) | 1,914,210,990 | 366,258,513 | 6,574,220,175 | 6,940,478,688 | 300,000,000 | 11,710,834,017 | 12,010,834,017 | 20,865,523,695 |
Total comprehensive income for the period | ||||||||
Profit for the period | - | - | - | - | - | 709,370,911 | 709,370,911 | 709,370,911 |
Other comprehensive income | - | - | - | - | - | - | - | - |
- | - | - | - | - | 709,370,911 | 709,370,911 | 709,370,911 | |
Incremental depreciation on | ||||||||
revalued assets for the period - net of deferred tax | - | - | (209,336,705) | (209,336,705) | - | 209,336,705 | 209,336,705 | - |
Surplus realised on disposal | ||||||||
of property, plant and equipment - net of deferred tax | - | - | (2,291,899) | (2,291,899) | - | 2,291,899 | 2,291,899 | - |
Adjustment of deferred tax for the period | - | - | 30,663,114 | 30,663,114 | - | - | - | 30,663,114 |
Balance as at December 31, 2025 (Unaudited) | 1,914,210,990 | 366,258,513 | 6,393,254,685 | 6,759,513,198 | 300,000,000 | 12,631,833,532 | 12,931,833,532 | 21,605,557,720 |
Other comprehensive income
CHIEF EXECUTIVE OFFICER DIRECTOR CHIEF FINANCIAL OFFICER