Nishat Mills: Stable Operations but Lower Other Income and Higher Taxes Weigh on Profit | Q1-Sep2025
NML | Nishat Mills | Q1-Sep25
EPS (Q1) Rs. 2.2
No cash dividend was declared for Q1.
EPS (Q1) Rs. 2.2
No cash dividend was declared for Q1.
EPSttm: Rs. 16.6
Cash Dividend (ttm) Rs. 2 per share
Cash Dividend (ttm) Rs. 2 per share
PAT (Q1) Rs. 772mn, ▼ -18.2% yoy, ▼ -48.6% over avg of last 4 qrts
Profit after Tax includes Other Income Rs 1,538mn
Profit after Tax includes Other Income Rs 1,538mn
Gross profit margin 11%, compared to an average of 11.2%, for the last four quarters.
Tax rate 56.1%, compared to an average of 44.5%, for the last four quarters.
Tax rate 56.1%, compared to an average of 44.5%, for the last four quarters.
Nishat Mills Limited’s Q1-Sep 2025 results reflect stable core operations but weaker bottom-line performance. Revenue and gross profit showed little movement, indicating steady activity, yet profit after tax declined sharply due to lower other income and significantly higher tax rate.
NML holds DG Khan Cement (DGKC) 31.4%, MCB Bank 7.4%, Nishat Chunia (NCL) 13.6%, Nishat Power (NPL) 51%, Lalpir Power (LPL) 29%, PakGen Power 30%.
Directors and associate companies hold 34% of NML shares.
Maket Cap: 179 $mn