⚡ Flash Summary

Engro Powergen Qadirpur Limited (EPQL) announced its unaudited financial results for the nine months ended September 30, 2025. The company declared an interim cash dividend of Rs. 0.50 per share, which is in addition to the already paid interim cash dividend of Rs. 10 per share. Revenue has decreased compared to the same period last year, resulting in a decline in profit after taxation. Book closure dates for share transfers are set for November 04-05, 2025.

📌 Key Takeaways

• 💰 Interim cash dividend announced at Rs. 0.50 per share (5.00%) for the nine months ended September 30, 2025.
• 💵 Additional interim cash dividend of Rs. 10 per share (100%) already paid.
• 📅 Book closure for share transfers: November 04-05, 2025.
• 📉 Revenue decreased from Rs. 10,408.87 million in 2024 to Rs. 8,644.84 million in 2025 for the nine-month period.
• 📉 Profit after taxation decreased significantly from Rs. 2,874.78 million in 2024 to Rs. 851.07 million in 2025.
• ⚠️ Earnings per share (EPS) dropped from Rs. 8.88 in 2024 to Rs. 2.63 in 2025.
• 📉 Gross profit declined from Rs. 2,498.60 million to Rs. 1,111.16 million year-over-year.
• ✅ The company’s website to communicate quarterly reports is: https://www.engroenergy.com/epql/.
• ❌ No bonus shares or right shares were announced.
• 🏦 Balances with banks increased from Rs. 28.47 million to Rs. 212.26 million.

🎯 Investment Thesis

HOLD. Given the significant decrease in revenue and profit after tax, a more cautious approach is warranted. The company is still distributing dividends, but the lower earnings raise concerns about long-term sustainability. Further analysis is needed to assess the factors driving the decline in performance and the potential for recovery. Price target will be revised downwards based on current earnings, with a time horizon of 12 months.