⚡ Flash Summary

Ghani Global Holdings Limited (GGL) reported its financial results for Q1 ended September 30, 2025. The consolidated statement shows a net profit after taxation of PKR 542.42 million, compared to PKR 354.39 million in the same quarter last year, indicating a substantial increase in profitability. The standalone statement of profit or loss shows a net profit after taxation of PKR 7.347 million, significantly higher than the PKR 1.186 million reported in Q1 2024. Earnings per share (EPS) have also increased from PKR 0.55 to PKR 0.86 on a consolidated basis, and from PKR 0.003 to PKR 0.021 on a standalone basis.

📌 Key Takeaways

• 🚀 Consolidated net profit after taxation increased to PKR 542.42 million in Q1 2025 from PKR 354.39 million in Q1 2024.
• 📈 Consolidated earnings per share (EPS) rose to PKR 0.86 in Q1 2025, up from PKR 0.55 in Q1 2024.
• 💰 Standalone net profit after taxation significantly increased to PKR 7.347 million from PKR 1.186 million year-over-year.
• 💸 Standalone earnings per share (EPS) improved to PKR 0.021 from PKR 0.003 year-over-year.
• 📊 Consolidated gross sales increased to PKR 3,075.51 million compared to PKR 2,784.08 million in the prior year.
• 📉 Consolidated cost of sales slightly decreased to PKR 1,558.54 million from PKR 1,582.90 million year-over-year.
• 💹 Consolidated gross profit increased to PKR 1,053.38 million versus PKR 778.60 million year-over-year.
• 👍 Total assets increased to PKR 25,498.17 million versus PKR 24,879.73 million since June 30, 2025.
• 🏦 Cash and bank balances decreased to PKR 536.64 million from PKR 941.60 million since June 30, 2025.
• 🧾 Trade debts increased to PKR 3,793.08 million from PKR 2,919.91 million since June 30, 2025.
• 💼 Stock-in-trade decreased to PKR 964.42 million from PKR 1,402.56 million since June 30, 2025.
• liabilities increased to PKR 9,834.64 million versus PKR 9,756.60 million since June 30, 2025.
• ✅ No cash dividend, bonus shares, or rights shares were recommended by the board.

🎯 Investment Thesis

BUY. GGL demonstrates strong financial performance with significant increases in revenue, profitability, and EPS. The company’s growth trajectory and effective management make it an attractive investment. The price target is PKR 45 per share, based on a projected P/E ratio of 15x the expected full-year EPS, with a time horizon of 12 months. This target reflects the company’s growth potential and current market conditions.