⏸️ KOIL: HOLD Signal (6/10) – PRESENTATION OF CORPORATE BRIEFING SESSION (CBS) FOR THE YEAR 2025

📌 Key Takeaways

• ⬆️ Turnover slightly increased from Rs. 85.65 million in 2024 to Rs. 85.83 million in 2025.
• ⬆️ Operating profit increased from Rs. 81.30 million to Rs. 90.07 million.
• ⬆️ Profit after income taxes significantly increased from Rs. 38.72 million to Rs. 75.41 million.
• ⬆️ Basic earnings per share rose from Rs. 1.28 to Rs. 2.49.
• ⬇️ Other income decreased from Rs. 50.90 million to Rs. 44.41 million.
• ⬇️ Administrative expenses decreased from Rs. (47.21) million to Rs. (37.72) million.
• 🏢 Kohinoor Industries is engaged in leasing out its building under operating lease arrangements.
• 🤝 PEL is an associated company of Kohinoor Industries Limited due to common directorship.
• 🏢 The Saigols group holds a majority share in the Company, with the general public holding 48.52% and Saigols Group holding 51.48%.
• 🎯 Management is evaluating business propositions for positive financial impact.
• 🤔 Revenue may reduce due to vacation of renting space by M/s Beacon Impex (Pvt.) Limited from October 2025.
• ✅ Management is confident about new tenancy agreements.

🎯 Investment Thesis

HOLD. The company has shown improved profitability in the current period, but the potential for future revenue decline due to tenant departure creates uncertainty. The increase in EPS is a positive sign, but it may not be sustainable in the long run without securing new tenants. A price target can’t be accurately assessed without additional financial information and forecasts. Time horizon: MEDIUM_TERM (6-12 months) to observe the company’s ability to secure new tenants and maintain profitability.