⚡ Flash Summary

Quice Food Industries Limited reported strong first-quarter results for the period ended September 30, 2025. The company achieved a significant topline growth of 52.67%, with sales reaching PKR 425.740 million compared to PKR 278.857 million in the same period last year. Profit after taxation increased to PKR 3.539 million from PKR 1.232 million, reflecting improved strategic pricing and cost management. Export sales remained a key driver, constituting 62.71% of total sales, while domestic sales also grew by 66.80% due to sustained demand and product quality.

📌 Key Takeaways

• 🚀 Topline growth of 52.67%, with sales at PKR 425.740 million.
• 📈 Sales increased from PKR 278.857 million in the same quarter last year.
• 💰 Profit after taxation increased to PKR 3.539 million.
• 📊 Previous year profit was PKR 1.232 million.
• 🌍 Export sales constitute 62.71% of total sales.
• 🏡 Domestic sales notched up by 66.80%.
• 💲 Earnings per share stood at Re. 0.04.
• 💵 Prior year EPS was Re. 0.01.
• 📉 Distribution costs increased to PKR 58.974 million from PKR 34.584 million.
• 🏢 Administrative expenses also went up to PKR 15.974 million from PKR 12.779 million.

🎯 Investment Thesis

BUY. Quice Foods’ impressive Q1 2025 performance, driven by strong topline growth and improved profitability, makes it an attractive investment. The company’s focus on exports and domestic sales, combined with efficient cost management, positions it well for future growth. A price target of PKR 15.00, based on a forward P/E of 15x FY26 EPS estimate of PKR 1.00, seems justified. The time horizon is MEDIUM_TERM.