⚡ Flash Summary

Kohinoor Mills Limited (KML) reported its financial results for the quarter ended September 30, 2025. The company’s revenue decreased compared to the same quarter last year, while profitability also declined. There were no announcements regarding dividends, bonus shares, or rights issues. The company’s earnings per share (EPS) also saw a decrease from 0.02 to 0.11.

📌 Key Takeaways

• 📉 Revenue decreased from PKR 7,020.09 million to PKR 6,274.02 million.
• 📉 Cost of sales decreased from PKR 6,090.22 million to PKR 5,399.60 million.
• 📉 Gross profit decreased from PKR 929.87 million to PKR 874.42 million.
• ⚠️ Distribution costs decreased from PKR 341.62 million to PKR 313.10 million.
• ⚠️ Administrative expenses increased from PKR 168.89 million to PKR 205.87 million.
• ⚠️ Other expenses increased significantly from PKR 11.40 million to PKR 36.34 million.
• 📉 Profit from operations decreased from PKR 450.56 million to PKR 351.66 million.
• ⚠️ Finance costs decreased from PKR 365.21 million to PKR 254.93 million.
• 📉 Profit before levy and taxation decreased from PKR 85.34 million to PKR 96.73 million.
• ⚠️ Levy decreased from PKR 70.31 million to PKR 47.97 million.
• ⚠️ Profit before taxation increased from PKR 15.04 million to PKR 48.76 million.
• 📈 Taxation shifted from an expense of PKR 4.16 million to an income of PKR 7.84 million.
• 📈 Profit after taxation increased significantly from PKR 10.88 million to PKR 56.60 million.
• 📈 Earnings per share increased from PKR 0.02 to PKR 0.11.

🎯 Investment Thesis

HOLD. Considering the decline in revenue and profitability, coupled with increased expenses, a HOLD recommendation is appropriate. A price target cannot be accurately determined without a more in-depth analysis and industry comparison. This recommendation is for the short to medium term, pending further information.