⚡ Flash Summary
D.M. Corporation Limited, formerly D.M. Textile Mills Limited, held a corporate briefing session for the year ended June 30, 2025. The company has shifted its primary business to real estate development. The company reported a net profit of PKR 45.3 million, a significant increase from PKR 14.9 million in the prior year, and EPS increased to PKR 14.84 from PKR 4.87. Management expressed intentions to utilize resources for the new business line and confidence in reviving the company.
📌 Key Takeaways
- 🏢 D.M. Corporation transitioned its business to real estate development.
- 📅 Corporate Briefing Session held on November 24, 2025, via Zoom.
- 📜 SECP issued certificate for change of name.
- ✅ PSX shifted the company to the Normal Counter effective July 4, 2025, after rectifying non-compliances.
- 💰 Authorized Share Capital remains at PKR 50,000,000.
- ⬆️ Revenue Reserve increased significantly to PKR 415,572,590 (2025) from PKR 114,557,988 (2024).
- ⬇️ Surplus on revaluation decreased to PKR 267,120,098 from PKR 517,748,170.
- ⬆️ Total Equity increased to PKR 713,216,978 from PKR 662,830,448.
- ⬆️ Net Profit soared to PKR 45,299,924 from PKR 14,853,558.
- ⬆️ Earnings Per Share (EPS) jumped to PKR 14.84 from PKR 4.87.
- 🏦 All bank debts are reported as paid off.
- 🏗️ Management is focused on utilizing resources for the new real estate business.
- 👍 Auditor has no doubts about the company’s ability to continue as a going concern.
🎯 Investment Thesis
HOLD. The company is undergoing a significant transformation. The improved profitability is encouraging, but it is too early to assess the long-term success of the new real estate business. Further information on real estate projects and financial performance is needed before making a BUY or SELL decision.
Disclaimer: AI-generated analysis. Not financial advice.