⚡ Flash Summary

Hi-Tech Lubricants Limited (HTL) reported its financial results for the quarter ended September 30, 2025. The company experienced an increase in gross revenue to PKR 9.49 billion compared to PKR 7.55 billion in the same quarter last year. Profit after taxation significantly increased to PKR 107.188 million, a large increase from PKR 20.158 million, resulting in higher earnings per share. While revenue increased, HTL also faced higher costs of sales, distribution, and administrative expenses. The financial results suggest improved profitability despite increased operational costs.

📌 Key Takeaways

• 📈 Gross revenue increased to PKR 9.49 billion for the quarter ended September 30, 2025, compared to PKR 7.55 billion in the same period last year.
• 💰 Net revenue grew to PKR 8.618 billion from PKR 7.103 billion year-over-year.
• ✅ Profit after taxation increased substantially to PKR 107.188 million, up from PKR 20.158 million in the prior year.
• 💲 Earnings per share (EPS) increased to PKR 0.77 from PKR 0.14 year-over-year.
• ⚠️ Cost of sales rose to PKR 7.759 billion compared to PKR 6.468 billion in the same quarter last year.
• 🚚 Distribution costs increased from PKR 274.241 million to PKR 310.530 million.
• 🏢 Administrative expenses slightly decreased to PKR 246.273 million from PKR 256.375 million.
• 💸 Finance costs decreased to PKR 111.665 million from PKR 177.008 million year-over-year.
• 🏦 Cash and bank balances decreased to PKR 113.292 million from PKR 154.503 million at the beginning of the period.
• 📊 Total equity increased from PKR 6.125 billion to PKR 6.232 billion from June 30, 2025.
• 💡 Current assets totaled PKR 7.362 billion compared to PKR 5.743 billion on September 30, 2024.
• liabilities slightly increased from PKR 7.154 billion to PKR 8.427 billion from June 30, 2025.

🎯 Investment Thesis

BUY. Hi-Tech Lubricants exhibits strong growth potential with significant improvements in profitability. The increase in EPS and revenue, coupled with decreased finance costs, demonstrates good financial management. While increased costs require monitoring, the overall trend is positive. Price Target: PKR 150.00. Time Horizon: Medium Term.