⚡ Flash Summary

Husein Industries Limited (HIL) reported a decrease in revenue for the year ended June 30, 2025, with revenue dropping to PKR 256.095 million from PKR 362.868 million in 2024, a decline of 29.42%. Net profit also decreased to PKR 28.296 million compared to PKR 30.347 million in the previous year, representing a 6.76% decrease. The company’s EPS fell by 7.00% to PKR 2.66. HIL’s business diversification strategy focuses on lease income from industrial properties and income from construction activities, with ongoing development in their Jamal Garden project.

📌 Key Takeaways

• 📉 Revenue decreased by 29.42% from PKR 362.868 million in 2024 to PKR 256.095 million in 2025.
• 📉 Gross Profit declined by 3.76%, from PKR 127.165 million to PKR 122.378 million.
• 📉 EBITDA decreased by 16.12% to PKR 98.236 million.
• 📉 Net Profit saw a reduction of 6.76%, falling to PKR 28.296 million.
• 📉 EPS dropped by 7.00% to PKR 2.66.
• 🏢 Revenue distribution shows a decrease in both lease income and sale of residential plots.
• 🏘️ Jamal Garden, HIL’s first real estate project, is developed over 8 acres with 113 residential plots.
• 🏫 Jamal Garden includes a fully functional school run by the Smart School System.
• 🏥 A medical facility is under construction at Jamal Garden.
• 🕌 A mosque with a capacity for 1000 worshippers is expected to open in Q1 2026.
• ⚡ Society has been electrified through K Electric, and gas is provided through SSGC in FY2025.
• ✅ Completion and handover of Jamal Garden concluded in FY2025.
• 🚧 Future plans include constructing state-of-the-art warehouses and multi-purpose buildings.
• ⚠️ Challenges include a tougher regulatory environment and a soft real estate market.
• 🤔 Stabilization of the real estate market is expected in FY2026.

🎯 Investment Thesis

Given the declining financial performance and market challenges, a HOLD recommendation is appropriate for Husein Industries Limited. The company’s turnaround depends on its ability to successfully execute its real estate projects, particularly Jamal Garden, and navigate the complex regulatory environment. A price target cannot be provided at this time due to the lack of specific financial projections and market volatility. The time horizon for potential upside is MEDIUM_TERM, contingent on successful project execution and market stabilization.