⚡ Flash Summary

Dadabhoy Sack Limited (DBSL) reported financial results for the year ended June 30, 2025. The company’s financial performance remained weak, with no sales reported for both 2024 and 2023. The company continues to report significant operating losses. The announcement also stated that no cash dividend, bonus certificates, or right certificates were recommended.

📌 Key Takeaways

• ❌ No sales reported for the year ended June 30, 2025, similar to the previous year.
• 📉 Operating loss of (3,306,202) Rupees in 2024, a slight improvement from (3,627,408) Rupees in 2023.
• 💸 Administrative expenses amounted to (3,306,202) Rupees in 2024, compared to (3,627,408) Rupees in 2023.
• ⛔ No cash dividend was recommended by the board.
• 📜 No bonus certificates were recommended.
• ✔️ No right certificates were recommended.
• 😔 Loss before taxation was (3,306,202) Rupees in 2024, compared to (3,627,408) Rupees in 2023.
• 👍 Taxation benefit decreased from 1,051,948 Rupees in 2023 to 614,287 Rupees in 2024.
• 📉 Loss after taxation was (2,691,915) Rupees in 2024, compared to (2,575,460) Rupees in 2023.
• 📉 Basic and diluted loss per share was (0.67) Rupees in 2024, compared to (0.64) Rupees in 2023.

🎯 Investment Thesis

Given the consistent lack of revenue, significant operating losses, and negative EPS, a SELL recommendation is warranted for DBSL. There is no clear path to profitability, and the company’s long-term viability is questionable. A price target cannot be reasonably established due to the lack of financial performance indicators. Time horizon: Immediate.