⚡ Flash Summary

At-Tahur Limited’s report for the quarter ended September 30, 2025, reveals a positive performance with a 22.18% increase in sales, reaching PKR 1,552,523 thousand. Net profit after tax significantly increased by 75.53% to PKR 42,867 thousand, resulting in an Earnings Per Share (EPS) of PKR 0.20, up from PKR 0.11. Operating profit also saw a healthy rise of 26.69%. Despite uncertain economic conditions, the company remains focused on meeting customer needs through innovation and optimization of its value chain to ensure sustainable profitable growth.

📌 Key Takeaways

• 📈 Sales increased by 22.18% year-over-year, reaching PKR 1,552,523 thousand.
• 💰 Gross profit grew by 19.78% to PKR 617,673 thousand.
• 📊 Gross profit margin decreased slightly from 40.58% to 39.79%.
• 🚀 Operating profit increased significantly by 26.69% to PKR 112,985 thousand.
• 🌱 Operating profit margin improved from 7.02% to 7.28%.
• ⭐ Net profit before tax increased substantially by 54.36% to PKR 62,274 thousand.
• 💸 Net profit after tax saw a significant increase of 75.53% to PKR 42,867 thousand.
• 💯 Earnings per share (EPS) increased from PKR 0.11 to PKR 0.20, reflecting a strong growth.
• 🐄 Biological assets are valued at PKR 4,342,512 thousand.
• 🏦 The company utilizes both Shariah-compliant and conventional banking facilities.
• 🔍 An ongoing investigation by the Federal Investigation Agency (FIA) initially caused debit blocks on the company’s bank accounts but has been resolved.
• 💼 Mustafa Hamdani was appointed as Director effective October 30, 2025, replacing Aurangzeb Firoz.
• 🌱 The company is focusing on portfolio innovation and value chain optimization for sustainable profitable growth.
• 🌱 The company is working on new value-added products and exploring untapped market regions.

🎯 Investment Thesis

Based on the strong quarterly performance, specifically the increase in revenue, profit and EPS growth. I recommend a BUY. The previous compliance concerns seem to be in order, and the company has a clear path forward.