⚡ Flash Summary
ICC Industries Limited reported financial results for the year ended June 30, 2025. The company experienced a decrease in revenue compared to the previous year, along with a significant loss after taxation. Despite an actuarial gain on employee benefit obligations, the total comprehensive loss for the year was substantial. The Board of Directors has recommended a Nil dividend for the fiscal year 2025.
📌 Key Takeaways
- 📉 Revenue decreased from 52,974,017 Rupees in 2024 to 50,148,461 Rupees in 2025, indicating a decline in sales.
- ❌ Gross profit decreased from 32,884,970 Rupees in 2024 to 30,057,630 Rupees in 2025.
- 📉 Operating loss widened from (5,334,841) Rupees in 2024 to (10,076,609) Rupees in 2025, highlighting operational challenges.
- ⚠️ Loss before taxation significantly increased from (464,487) Rupees in 2024 to (5,957,384) Rupees in 2025.
- 📉 Loss after taxation increased from (11,648,023) Rupees in 2024 to (16,538,392) Rupees in 2025, showcasing deteriorating profitability.
- ✅ Actuarial gain on employee benefit obligations decreased substantially from 4,185,057 Rupees in 2024 to 407,510 Rupees in 2025.
- 📉 Total comprehensive loss for the year widened from (7,462,966) Rupees in 2024 to (16,130,882) Rupees in 2025.
- ❌ Loss per share (basic and diluted) increased from (0.39) Rupees in 2024 to (0.55) Rupees in 2025.
- 💰 Nil dividend was recommended for the year ended June 30, 2025.
- 📉 Trade debts decreased significantly from 4,884,890 Rupees to 566,166 Rupees.
🎯 Investment Thesis
Given the declining revenue, increasing losses, and negative trends in key financial metrics, a SELL recommendation is warranted. The company’s financial performance indicates significant challenges that need to be addressed. The nil dividend further reduces the attractiveness of the stock. The investment thesis is based on the deteriorating financial health of the company and the absence of positive catalysts.
Disclaimer: AI-generated analysis. Not financial advice.