| Financial Highlights |
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2025 |
2024 |
2023 |
2022 |
2021 |
2020 |
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(Rupees in Thousands) |
| Summarized Statement of Financial Position |
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| Non-Current Assets |
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|
|
|
|
|
|
| Property, Plant and Equipment |
|
64,610,007 |
60,043,195 |
45,265,066 |
39,766,323 |
35,926,594 |
31,292,722 |
| Right-of-use assets |
|
200,810 |
|
|
|
|
|
| Long Term Investments |
|
94,476,346 |
66,811,200 |
38,642,705 |
35,720,224 |
48,620,695 |
37,979,074 |
| Other Non-Current Assets |
|
1,245,830 |
1,235,289 |
910,050 |
1,044,696 |
1,104,867 |
865,591 |
| Current Assets |
|
|
|
|
|
|
|
| Stores, Spares and Loose Tools |
|
6,728,076 |
6,049,021 |
5,955,945 |
3,999,710 |
2,605,602 |
2,256,569 |
| Stock in Trade |
|
51,611,063 |
37,447,381 |
34,801,627 |
31,826,616 |
17,972,691 |
20,753,543 |
| Short Term Investments |
|
– |
– |
– |
– |
– |
– |
| Other Current Assets |
|
45,895,818 |
45,253,359 |
44,710,317 |
25,177,008 |
24,881,925 |
17,513,415 |
| Total Assets |
|
264,767,950 |
216,839,445 |
170,285,710 |
137,534,577 |
131,112,374 |
110,660,914 |
| Shareholders’ Equity |
|
144,599,674 |
114,810,013 |
89,764,119 |
79,200,943 |
85,747,779 |
71,427,860 |
| Non-Current liabilities |
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|
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| Long Term Financing |
|
25,371,377 |
23,672,520 |
11,898,220 |
12,284,112 |
11,577,915 |
9,222,781 |
| Lease Liabilities |
|
131,218 |
– |
– |
– |
– |
– |
| Deferred Liabilities |
|
10,498,792 |
5,262,486 |
1,805,841 |
2,191,059 |
1,055,992 |
302,672 |
| Current Liabilities |
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|
|
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|
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| Short Term Borrowings |
|
60,279,970 |
49,789,624 |
45,753,793 |
26,730,048 |
18,718,262 |
19,329,768 |
| Current Portion of Non-Current Liabilities |
|
4,721,464 |
4,400,172 |
4,142,057 |
4,302,449 |
4,206,123 |
703,032 |
| Other Current Liabilities |
|
19,165,455 |
18,904,630 |
16,921,680 |
12,825,966 |
9,806,303 |
9,674,801 |
| Total Equity and Liabilities |
|
264,767,950 |
216,839,445 |
170,285,710 |
137,534,577 |
131,112,374 |
110,660,914 |
| Statement of Profit or Loss |
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|
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| Revenue |
|
178,167,146 |
160,256,555 |
141,756,469 |
115,768,065 |
71,431,010 |
60,904,096 |
| Gross Profit |
|
20,024,623 |
17,323,353 |
21,078,842 |
17,335,571 |
9,317,855 |
7,276,126 |
| EBITDA |
|
23,767,647 |
25,020,386 |
25,885,473 |
18,358,269 |
11,137,991 |
8,719,892 |
| Other Income |
|
10,204,235 |
13,240,547 |
10,201,578 |
5,571,415 |
3,750,188 |
3,032,390 |
| Profit Before Taxation and Levy |
|
10,707,030 |
10,744,359 |
15,406,442 |
12,907,285 |
7,070,502 |
4,479,284 |
| Profit After Taxation |
|
6,013,519 |
6,368,853 |
12,166,022 |
10,311,674 |
5,922,470 |
3,506,284 |
| Cash Flows |
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|
|
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|
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|
| Cash Flow from Operating Activities |
|
(13,516,478) |
(10,957,446) |
1,438,490 |
(10,669,883) |
5,722,435 |
1,560,005 |
| Cash Flow from Investing Activities |
|
141,497 |
(2,862,956) |
(16,141,363) |
(1,787,869) |
(3,378,461) |
(4,828,502) |
| Cash Flow from Financing Activities |
|
11,521,254 |
14,173,424 |
16,963,072 |
7,277,134 |
2,800,130 |
2,820,113 |
| Changes in Cash & Cash Equivalents |
|
(1,853,727) |
353,022 |
2,260,199 |
5,187,138 |
5,144,104 |
(448,384) |
| Cash and Cash Equivalent – Year End |
|
886,185 |
2,722,355 |
2,410,566 |
91,727 |
5,272,345 |
128,241 |
| Ratios |
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| Profitability Ratios |
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| Gross profit |
% |
11.24 |
10.81 |
14.87 |
14.97 |
13.04 |
11.95 |
| EBITDA to sales |
% |
13.34 |
15.61 |
18.26 |
15.86 |
15.59 |
14.32 |
| Pre tax and levy Profit |
% |
6.01 |
6.70 |
10.87 |
11.15 |
9.90 |
7.35 |
| After tax Profit |
% |
3.38 |
3.97 |
8.58 |
8.91 |
8.29 |
5.76 |
| Return on Equity |
% |
4.64 |
6.23 |
14.40 |
12.50 |
7.54 |
5.08 |
| Return on Capital Employed |
% |
11.80 |
17.14 |
22.66 |
15.69 |
9.26 |
7.82 |
| Operating Leverage Ratio |
|
(0.86) |
(0.39) |
2.15 |
1.31 |
2.24 |
7.38 |
| Liquidity Ratios |
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| Current Ratio |
|
1.24 |
1.21 |
1.28 |
1.39 |
1.39 |
1.36 |
| Quick Ratio |
|
0.55 |
0.62 |
0.67 |
0.57 |
0.76 |
0.59 |
| Cash to Current Liabilities |
Times |
0.01 |
0.04 |
0.04 |
0.00 |
0.16 |
0.00 |
| Cash Flows from Operations to Sales |
Times |
(0.08) |
(0.07) |
0.01 |
(0.09) |
0.08 |
0.03 |
| Activity / Turnover Ratios |
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| Inventory Turnover Ratio |
Times |
3.55 |
3.96 |
3.62 |
3.95 |
3.21 |
2.84 |
| No. of Days in Inventory |
Days |
102.82 |
92.42 |
100.83 |
92.41 |
113.71 |
128.87 |
| Debtors Turnover Ratio |
Times |
7.30 |
9.01 |
12.03 |
13.69 |
13.19 |
13.54 |
| No. of Days in Receivables |
Days |
50.00 |
40.62 |
30.34 |
26.66 |
27.67 |
27.03 |
| Creditors Turnover Ratio |
Times |
6.57 |
5.97 |
5.75 |
6.08 |
3.75 |
3.49 |
| No. of Days in Creditors |
Days |
55.56 |
61.31 |
63.48 |
60.03 |
97.33 |
104.87 |
| Operating Cycle |
Days |
97.26 |
71.73 |
67.69 |
59.04 |
44.05 |
51.03 |
| Total Assets Turnover Ratio |
Times |
0.67 |
0.74 |
0.83 |
0.84 |
0.54 |
0.55 |
| Fixed Assets turnover Ratio |
Times |
2.76 |
2.67 |
3.13 |
2.91 |
1.99 |
1.95 |
| Investment / Market Ratios |
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| Earnings Per Share |
Rs. |
17.10 |
18.11 |
34.60 |
29.33 |
16.84 |
9.97 |
| Price Earning Ratio |
Times |
7.36 |
3.91 |
1.64 |
2.52 |
5.54 |
7.82 |
| Dividend Yield Ratio |
% |
1.59 |
4.23 |
8.81 |
5.41 |
4.29 |
5.13 |
| Dividend Payout Ratio |
% |
11.69 |
16.57 |
14.45 |
13.64 |
23.75 |
40.12 |
| Dividend Cover Ratio |
Times |
8.55 |
6.04 |
6.92 |
7.33 |
4.21 |
2.49 |
| Dividend Per Share |
Rs. |
2.00 |
3.00 |
5.00 |
4.00 |
4.00 |
4.00 |
| Break-up Value |
Rs. |
411.26 |
326.54 |
255.30 |
225.26 |
243.88 |
203.15 |
| Proposed Dividend |
% |
20.00 |
30.00 |
50.00 |
40.00 |
40.00 |
40.00 |
| Market value per share: |
|
|
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| Closing |
Rs. |
125.88 |
70.85 |
56.77 |
73.91 |
93.30 |
78.01 |
| High |
Rs. |
129.99 |
83.64 |
80.45 |
101.20 |
124.89 |
119.75 |
| Low |
Rs. |
60.00 |
57.60 |
49.40 |
68.50 |
79.73 |
53.00 |
| Capital Structure Ratios |
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| Financial Leverage Ratio |
% |
61.60 |
66.49 |
68.84 |
53.09 |
38.83 |
40.96 |
| Weighted Average Cost of Debt |
% |
10.19 |
15.12 |
13.18 |
5.73 |
3.93 |
5.54 |
| Debt to Equity Ratio |
% |
17.64 |
20.62 |
13.25 |
15.51 |
13.50 |
12.91 |
| Interest Cover Ratio |
Times |
2.27 |
2.03 |
3.22 |
6.97 |
6.75 |
3.98 |
| Gearing Ratio |
% |
38.08 |
39.94 |
40.77 |
34.68 |
27.97 |
29.06 |
| Production Machines |
|
|
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| No. of Spindles |
|
237,408 |
251,808 |
251,808 |
251,808 |
242,832 |
242,832 |
| No. of Roters |
|
10,320 |
10,320 |
7,320 |
7,320 |
3,000 |
3,000 |
| No. of Looms |
|
1,105 |
931 |
931 |
959 |
814 |
790 |
| No. of Thies Dyeing Machines |
|
24 |
22 |
20 |
20 |
16 |
9 |
| No. of Thermosole Dyeing Machines |
|
7 |
6 |
6 |
5 |
5 |
5 |
| No. of Rotary Printing Machines |
|
4 |
4 |
4 |
4 |
4 |
4 |
| No. of Digital Printing Machines |
|
11 |
11 |
11 |
11 |
10 |
10 |
| No. of Stitching Machines |
|
5,103 |
5,212 |
5,931 |
4,713 |
4,489 |
3,592 |
