IDRT

⚡ Flash Summary

Idrees Textile Mills Limited’s report for the quarter ended September 30, 2025, shows a decrease in revenue but improved gross profit compared to the same period last year. Revenue decreased to Rs. 935 million from Rs. 1,244 million, while gross profit increased to Rs. 113 million from Rs. 34 million. The company reported a loss of Rs. 13.9 million, significantly lower than the loss of Rs. 163.2 million in the corresponding period last year. The loss per share also improved, decreasing to Re. 0.70 from Rs. 8.22. The company noted challenges in the textile sector due to raw material price volatility and high energy costs.

📌 Key Takeaways

• 📉 Revenue decreased to Rs. 935 million from Rs. 1,244 million year-over-year (YoY).
• ⬆️ Gross profit increased significantly to Rs. 113 million from Rs. 34 million YoY.
• ⬇️ Finance costs reduced by Rs. 57 million, from Rs. 149 million to Rs. 92 million YoY.
• ✅ Loss for the period improved, decreasing to Rs. 13.9 million from Rs. 163.2 million YoY.
• ✅ Loss per share improved to Re. 0.70 from Rs. 8.22 YoY.
• ⬆️ Gross margin improved compared to the same quarter last year.
• ⬇️ Finance cost declined by 38% due to reduction in Policy Rate by the State Bank of Pakistan.
• ⚠️ High cost of energy and other inputs continue to impact production costs.
• Government intervention is needed to reduce financial strain and ensure sector sustainability.
• ✅ Stability in the policy framework is crucial for the textile industry’s viability.
• ⚠️ Textile sector dynamics remain challenging due to raw material price volatility.
• Management is focused on optimizing operational efficiency and minimizing production costs.
• Government reforms in taxation and energy tariffs are urgently required.
• The company remains committed to drive growth and ensure long-term value.
• The company expresses gratitude for the trust and support of stakeholders.

🎯 Investment Thesis

HOLD. While the company has shown signs of improvement in gross profit and loss reduction, the decrease in revenue and ongoing challenges in the textile sector warrant a cautious approach. The company needs to demonstrate consistent profitability and effective cost management before considering a more positive recommendation. Price Target: Rs 15. Time Horizon: 12 months. Reason: ITML must turn a profit and create a stable balance sheet to become an attractive stock. Its price has been extremely volatile, and it must become stable for long-term gains.

⚡ Flash Summary

The announcement details resolutions passed at Idrees Textile Mills Limited’s 36th Annual General Meeting (AGM) held on November 27, 2025. Key decisions included the approval of the minutes from the previous AGM on November 27, 2024, and the adoption of the annual audited financial statements for the year ending June 30, 2025. Additionally, M/s BDO Ebrahim & Co. were re-appointed as external auditors for the financial year ending June 30, 2026. This information provides insight into the company’s governance and operational continuity.

📌 Key Takeaways

• ✅ AGM held on November 27, 2025, at Hotel Faran, Karachi.
• 🗓️ Minutes of the previous AGM held on November 27, 2024, were approved.
• ✔️ Annual audited financial statements for the year ended June 30, 2025, were adopted.
• 🤝 M/s BDO Ebrahim & Co. re-appointed as external auditors.
• 🧑‍💼 Auditors appointed for the financial year ending June 30, 2026.
• 🏢 Syed Shahid Sultan, Company Secretary, certified the resolutions.
• 📜 Resolutions passed during the 36th AGM.
• 📍 Company’s registered office located in Karachi.
• 📊 Financial statements include Directors’ Report, Auditors’ Report, and Chairman’s Review Report.
• 🤝 Auditor remuneration mutually agreed upon.
• ✔️ Approval confirms governance and compliance.

🎯 Investment Thesis

Based solely on this announcement, a HOLD recommendation is appropriate. The AGM resolutions indicate the company is maintaining standard governance practices. Without specific financial data, an informed decision on BUY or SELL cannot be made. Further information, such as detailed financial statements and company performance metrics, is needed for a complete investment evaluation.

⚡ Flash Summary

IDRT announced: Financial Results for the Quarter Ended September 30, 2025. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• IDRT made announcement: Financial Results for the Quarter Ended September 30, 2025
• Automated analysis: HOLD signal detected
• Signal strength: 5/10
• This is basic analysis – manual review recommended
• Professional CFA analysis unavailable

🎯 Investment Thesis

Basic HOLD indication for IDRT. Manual verification required.

⚡ Flash Summary

IDRT announced: Board Meeting. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• IDRT made announcement: Board Meeting
• Automated analysis: HOLD signal detected
• Signal strength: 5/10
• This is basic analysis – manual review recommended
• Professional CFA analysis unavailable

🎯 Investment Thesis

Basic HOLD indication for IDRT. Manual verification required.

⚡ Flash Summary

IDRT announced: Board Meeting. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• IDRT made announcement: Board Meeting
• Automated analysis: HOLD signal detected
• Signal strength: 5/10
• This is basic analysis – manual review recommended
• Professional CFA analysis unavailable

🎯 Investment Thesis

Basic HOLD indication for IDRT. Manual verification required.

⚡ Flash Summary

Idrees Textile Mills Ltd. will hold its 36th Annual General Meeting (AGM) on November 27, 2025, to discuss and approve the annual audited financial statements for the year ended June 30, 2025. Shareholders will also vote on the appointment of auditors for the year ending June 30, 2026. The meeting will address ordinary business matters, including confirming minutes from the previous AGM. The company encourages shareholders to participate and has provided options for both physical and virtual attendance.

📌 Key Takeaways

• 🗓️ AGM Date: November 27, 2025, at 11:45 am at Hotel Faran, Karachi.
• ✅ Agenda: Approval of audited financial statements for the year ended June 30, 2025.
• 🧑‍⚖️ Auditor Appointment: Appointment of auditors for the year ending June 30, 2026; M/s BDO Ebrahim & Co. eligible for re-appointment.
• 🏦 Financial Statements: Available for download via the provided link and QR code.
• 🗳️ Proxy Voting: Members can appoint a proxy to attend and vote on their behalf, with proxies due 48 hours before the meeting.
• 🏦 Share Transfer: Share transfer books will be closed from November 19, 2025, to November 27, 2025.
• 💻 Virtual Participation: Shareholders can register to attend the AGM via video link by November 21, 2025.
• 💳 IBAN Update: Members are requested to provide their International Banking Account Number (IBAN) for dividend payments.
• 🔒 Physical Shares: Encouragement for shareholders to convert physical shares to book-entry form.
• ❓ Unclaimed Dividends: Shareholders who have not collected dividends or physical shares should contact JWAFFS Registrar Services (Pvt) Ltd.
• 🌐 Website Disclosure: Financial statements for the year ended June 30, 2025, are available on the company’s website.
• 🏢 Registered Office: Proxies must be received at the Registered Office of the Company.
• ✉️ Email Registration: Shareholders can register for video link participation via secretary@idreestextile.com.
• 📜 Compliance: The company is complying with Section 72 of the Companies Act, 2017 regarding physical shares.
• 🏢 Regulatory Body: Securities & Exchange Commission of Pakistan (SECP) circular compliance is highlighted.

🎯 Investment Thesis

Without detailed financial information, a definitive BUY/SELL/HOLD recommendation is not possible. However, based on the AGM announcement alone, a HOLD recommendation is appropriate. The company is adhering to regulatory requirements and providing shareholders with an opportunity to engage. Further analysis is needed upon release of the annual report to assess the financial health and growth prospects of Idrees Textile Mills Ltd.

⚡ Flash Summary

Idrees Textile Mills Limited has announced the 36th Annual General Meeting (AGM) scheduled for November 27, 2025, at Hotel Faran in Karachi. Shareholders will review the audited financial statements for the year ended June 30, 2025. The agenda includes confirming minutes from the last AGM, appointing auditors for the year ending June 30, 2026, and addressing any other business. The company has provided a link to download the audited financial statements and has advised shareholders on procedures for attending the AGM, including video link registration and proxy appointments.

📌 Key Takeaways

• 🗓️ The 36th Annual General Meeting (AGM) is set for November 27, 2025, at 11:45 am in Karachi.
• 🏦 The meeting will be held at Hotel Faran, 8-A, P.E.C.H.S, Block-6 Main Shahra-e-Faisal, Karachi.
• ✅ The agenda includes confirming the minutes of the previous AGM held on November 27, 2024.
• 📄 Shareholders will review standalone and consolidated annual audited financial statements for the year ended June 30, 2025.
• 👨‍💼 Auditors will be appointed for the year ending June 30, 2026, with M/s BDO Ebrahim & Co. offering reappointment.
• 🌐 The audited financial statements can be downloaded via the provided link: https://idreestextile.com/wp-content/uploads/2025/10/Annual-Report-2025-1-8.pdf
• ✉️ Shareholders must promptly notify any change in their addresses.
• 🚫 Share transfer books will be closed from November 19, 2025, to November 27, 2025.
• 🤝 A member can appoint a proxy, with proxies to be received 48 hours before the meeting.
• 🖥️ CDC account holders should follow guidelines issued by the Securities & Exchange Commission of Pakistan (SECP).
• 📹 Shareholders can register for video link attendance by emailing secretary@idreestextile.com before November 21, 2025.
• 🏦 Members are requested to provide their International Banking Account Number (IBAN) and CNIC copy.
• 📑 Physical shares are to be replaced with book entry form as per the Companies Act, 2017.
• 📢 Shareholders holding at least 10% of paid-up capital in a city can demand video-link facility.
• 💰 Unclaimed dividends/shares can be enquired about with Share Registrar JWAFFS Registrar Services (Pvt) Ltd.

🎯 Investment Thesis

Without the ability to analyze current financial data, a clear investment thesis cannot be established. Given the lack of financial insight, a HOLD recommendation is appropriate. A definitive BUY or SELL recommendation necessitates access to the audited financial statements to evaluate financial performance, growth prospects, and underlying value. A price target cannot be estimated without the financial statements.

⚡ Flash Summary

IDRT announced: Transmission of Annual Report for the year Ended June 30, 2025. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• IDRT made announcement: Transmission of Annual Report for the year Ended June 30, 2025
• Automated analysis: HOLD signal detected
• Signal strength: 5/10
• This is basic analysis – manual review recommended
• Professional CFA analysis unavailable

🎯 Investment Thesis

Basic HOLD indication for IDRT. Manual verification required.