KSTM - FoxLogica

📉 KSTM: SELL Signal (8/10) – Corporate Briefing Session-2025

⚡ Flash Summary

Khalid Siraj Textile Mills Limited (KSTM) held a corporate briefing session on November 11, 2025, to discuss the company’s performance for the financial year ending June 30, 2025. The company reported a significant loss before taxation of -24.59 million, a substantial decline from the -6.95 million loss in the previous year. Similarly, the net loss after taxation widened to -19.32 million from -13.72 million. This negative performance is attributed to various economic uncertainties and challenges within the textile sector.

Signal: SELL 📉

Strength: 8/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📉 KSTM’s loss before taxation widened to -24.59 million in 2025.
📉 Net loss after taxation increased to -19.32 million in 2025.
🚫 No revenue was generated in 2025, same as 2024.
⚠️ Other operating income decreased by -20.41 million (-34%) in 2025.
🏢 Administrative expenses decreased slightly by 0.13 million (-17%).
⚙️ Other operating expenses decreased by -2.33 million (-12%).
💰 Finance costs increased by 0.04 million (92%).
🇵🇰 Devaluation of the Pakistani Rupee cited as a major challenge.
⚡ Energy crisis remains a concern for the company.
🌍 Stiff competition and reduced textile imports by the US & EU pose additional challenges.
✅ Management aims to improve operational performance through cost-effective niche marketing.
🤝 Hopes for positive impact from changes in government policies and facilitation of the textile sector.
📊 Number of outstanding shares remained constant at 107,000 shares.
📉 Negative owner’s equity worsened from -57.922 million to -77.244 million
📉 Earning per share also decreased from -1.28 to -1.81

🎯 Investment Thesis

Given the deteriorating financial performance, absence of revenue, and various operational and market risks, a SELL recommendation is warranted. The company’s negative owner’s equity and widening losses make it an unattractive investment. The lack of a clear turnaround strategy and dependence on external factors further reinforce the negative outlook. While the management expresses optimism, the current financial situation indicates a high probability of continued losses and challenges. The price target is set significantly below current levels, reflecting the distressed nature of the company.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 11, 2025

announcements KSTM Signal: SELL

📉 KSTM: SELL Signal (8/10) – Corporate Briefing Session FY 30-06-2025

⚡ Flash Summary

Khalid Siraj Textile Mills Limited (KSTM) held a corporate briefing session for the year ended June 30, 2025. The company’s financial performance has been poor, with significant losses reported for the year 2025 compared to previous years. Total assets have decreased, and shareholders’ equity is negative. The management remains optimistic about future performance, citing potential benefits from government policies and the IMF bailout package.

Signal: SELL 📉

Strength: 8/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📉 KSTM reported a net loss of Rs -19.32 million in 2025, compared to a loss of Rs -13.72 million in 2024.
❌ Profit/Loss before taxation was Rs -24.59 million in 2025, significantly down from Rs -6.95 million in 2024.
Revenue was Rs 0.00 million in both 2025 and 2024, indicating no sales during the year.
💸 Other operating income decreased drastically to Rs 0.00 million in 2025 from Rs 20.41 million in 2024.
📊 Administrative and general expenses decreased slightly to Rs 3.26 million in 2025 from Rs 3.39 million in 2024.
🏭 Other operating expenses decreased to Rs 21.25 million in 2025 from Rs 23.58 million in 2024.
💰 Finance costs increased to Rs 0.08 million in 2025 from Rs 0.12 million in 2024.
📉 Total assets decreased to Rs 303.065 million in 2025 from Rs 324.307 million in 2024.
📉 Shareholders’ equity is negative, with Rs -77.244 million in 2025 compared to Rs -57.922 million in 2024.
📉 Break-up value per share is negative at Rs -7.22 in 2025, compared to Rs -5.41 in 2024.
📉 Earning per share (basic) is negative at Rs -1.81 in 2025, compared to Rs -1.28 in 2024.
⚠️ The company faces challenges including stiff competition, removal of subsidies, devaluation of the Pakistani Rupee, and higher markup rates due to inflation.
🌍 Potential risks include US & EU cutting imports of textiles from Pakistan.

🎯 Investment Thesis

Given the deteriorating financial performance, negative equity, and challenging economic environment, a SELL recommendation is warranted. There is no clear path to profitability or recovery in the short to medium term. The price target is significantly below current levels, reflecting the substantial risks and financial distress.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements KSTM Signal: HOLD

⏸️ KSTM: HOLD Signal (5/10) – Certified Copy of Resolutions Passed At AGM Held on October 28, 2025

⚡ Flash Summary

Khalid Siraj Textile Mills Limited held its 38th Annual General Meeting on October 28, 2025. The meeting addressed routine items including confirming the minutes of the Extraordinary General Meeting from April 14, 2025. Shareholders approved the audited financial statements for the year ended June 30, 2025, along with the directors’ and auditors’ reports. M/s. Sheikh & Chaudhri, Chartered Accountants, were re-appointed as statutory auditors for the year ending June 30, 2026.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ AGM held on October 28, 2025.
📜 Minutes of Extraordinary General Meeting held on April 14, 2025, were confirmed.
✅ Audited Financial Statements for the year ended June 30, 2025, were approved.
👨‍💼 Directors’ and Auditors’ reports were reviewed and adopted.
🏢 M/s. Sheikh & Chaudhri re-appointed as statutory auditors.
📅 Auditors appointed for the year ending June 30, 2026.
Chief Executive Officer authorized to fix auditor remuneration.
📍 Meeting held at the Registered Office, 135-Upper Mall, Lahore.
🤝 Mian Iqbal Barkat gave thanks to the Chair.

🎯 Investment Thesis

Given the lack of financial information, a HOLD recommendation is appropriate. More detailed financial analysis is necessary to determine if a BUY or SELL recommendation is warrented.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements KSTM Signal: HOLD

⏸️ KSTM: HOLD Signal (5/10) – Financial Results for the Quarter Ended

⚡ Flash Summary

Khalid Siraj Textile Mills Limited reported financial results for the quarter ended September 30, 2025. The company experienced a loss after taxation of PKR 4,129,883, compared to a loss of PKR 4,537,513 in the same period last year. Basic and diluted loss per share improved slightly from PKR (0.42) to PKR (0.39). There was no cash dividend, bonus shares or right shares announced for the period.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

❌ Loss after taxation: PKR (4,129,883)
⬆️ Slight improvement in loss compared to last year’s PKR (4,537,513)
📉 Loss per share: (PKR 0.39) vs (PKR 0.42) last year
💰 No cash dividend declared
🚫 No bonus shares declared
🚫 No right shares declared
🏢 Administrative and selling expenses: PKR (528,667)
🏭 Other operating expenses: PKR (4,787,539)
💵 Finance costs: PKR (33)
🏦 Long-term finances remain unchanged at PKR 153,895,767
🧾 Deferred liabilities decreased slightly to PKR 38,606,519
💸 Cash and bank balances increased to PKR 234,628
🏭 Property, plant, and equipment decreased to PKR 288,332,372

🎯 Investment Thesis

Based on the current financial performance, a HOLD recommendation is appropriate. While the company has shown some improvement in reducing its losses, the lack of profitability and the absence of dividends make it a risky investment. A price target cannot be established without additional financial information. Continue to monitor the situation.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements KSTM Signal: HOLD

⏸️ KSTM: HOLD Signal (5/10) – Transmission of Quarterly Report for the Period Ended September 30, 2025

⚡ Flash Summary

KSTM announced: Transmission of Quarterly Report for the Period Ended September 30, 2025. Basic analysis suggests neutral sentiment. Professional review recommended.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

KSTM made announcement: Transmission of Quarterly Report for the Period 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 KSTM. Manual verification required.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements KSTM Signal: HOLD

⏸️ KSTM: HOLD Signal (5/10) – Notice of Board Meeting

⚡ Flash Summary

KSTM announced: Notice of Board Meeting. Basic analysis suggests neutral sentiment. Professional review recommended.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

KSTM made announcement: Notice of 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 KSTM. Manual verification required.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 21, 2025

announcements KSTM Signal: SELL

📉 KSTM: SELL Signal (8/10) – Transmission of Annual Audited Accounts for The Year Ended June 30, 2025

⚡ Flash Summary

Khalid Siraj Textile Mills Limited (KSTM) reported a net loss after taxation of Rs. (19.323) million for the year ended June 30, 2025, compared to a loss of Rs. (13.725) million in the previous year. The company continues to face operational challenges, having ceased manufacturing in November 2013. The auditor has issued a disclaimer of opinion due to several factors, including recurring losses, unpaid short-term borrowings, and non-compliance with corporate governance regulations. The Board does not recommend any dividend for the year.

Signal: SELL 📉

Strength: 8/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

❌ KSTM’s net loss after taxation increased to Rs. (19.323) million in 2025 from Rs. (13.725) million in 2024.
⚠️ The company has ceased manufacturing operations since November 2013.
📉 Accumulated losses stand at Rs. 399.195 million as of June 30, 2025.
💰 Current liabilities exceed current assets by Rs. 183.024 million.
❓ Auditor issued a disclaimer of opinion due to concerns about the going concern assumption.
🚫 The company did not recognize mark-up expense of Rs. 16.791 million on short-term borrowings due to ongoing disputes.
🏦 The company couldn’t provide confirmations for Rs. 68.180 million in short-term borrowings.
📄 The company couldn’t provide confirmations for Rs. 153.895 million in long-term finances.
🧾 Trade and other payables totaling Rs. 77.342 million lack direct balance confirmations.
❌ The company failed to submit its income tax return for 2024 and 2023.
Compliance issues with the Listed Companies (Code of Corporate Governance) Regulations, 2019 were identified.
❌ There is no Independent Director in the Company.
😬 The required number of Directors have not participated in the Director Training Program.
The auditor noted that the company is not in compliance with IFRS and IAS standards.
No dividend recommended by the board.

🎯 Investment Thesis

Based on the persistent losses, disclaimer of opinion, operational challenges, and compliance issues, a SELL recommendation is warranted. The company’s financial distress and unreliable financial reporting make it an extremely risky investment. The price target is below the current market level, based on the negative book value and very high uncertainty. The time horizon is short to medium term, as the company’s financial situation could deteriorate rapidly.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 16, 2025

announcements KSTM Signal: HOLD

⏸️ KSTM: HOLD Signal (5/10) – Progress Report for September-2025

⚡ Flash Summary

The progress report for KSTM for the quarter ended September 30, 2025, indicates that the management is facing challenges in initiating operations due to economic distress and restrictive LC (Letter of Credit) policies. The report suggests that the company is actively seeking solutions to improve the situation and restore business operations. Management is exploring different possibilities and will continue to provide updates on their efforts and developments in future quarterly reports. Overall, the company’s situation is currently difficult, and management is focused on finding ways to overcome these obstacles.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📉 Economic distress is significantly impacting operations.
🔒 Restrictive LC policies are creating obstacles for initiating operations.
💡 Management is actively seeking solutions to improve the situation.
🔄 The company is exploring various possibilities to restore business operations.
📊 Quarterly progress reports will continue to provide updates on developments.
⚠️ Economic challenges and LC policies pose significant risks.
⏳ Management is focused on overcoming current obstacles.
💼 Efforts are being made to bring the business back on track.
🌍 The company’s situation is becoming tougher.
📢 Management will continue notifying efforts and developments.

🎯 Investment Thesis

Given the current situation with economic distress and operational challenges due to restrictive LC policies, a HOLD recommendation is appropriate. While management is actively seeking solutions, the near-term outlook is uncertain. A more positive outlook would require improvements in the economic environment, easing of LC restrictions, and a return to stable operations. Price target is maintained at current levels with a medium-term horizon, pending improvements in the company’s operational and financial situation.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 10, 2025

KSTM PSX Announcements Signal-HOLD

⏸️ KSTM: HOLD Signal – Notice of Board Meeting

⏸️ Trading Signal & Analysis

SignalHOLD

Strength4 / 10

SentimentNEUTRAL

Financial ImpactLOW

What this means: 🏢 Meeting News: Company board is meeting to make important decisions. Stock price may move after the meeting based on what they decide.

🏢 Company & Announcement

SymbolKSTM

CompanyKhalid Siraj Textile Mills Limited

DateSep 26, 2025

Time10:30 AM

Announcement Title:

Notice of Board Meeting

🧠 Investment Thesis

This announcement is purely procedural, informing investors about the upcoming board meeting and the closed period. Without information on the company’s financial performance, it is difficult to make any investment decisions. Investors should wait for the board meeting outcome and the release of the annual accounts before making any moves.

📋 Key Highlights

Board meeting scheduled for October 3, 2025, to approve annual accounts.
Closed period declared from September 26, 2025, to October 3, 2025, restricting trading by insiders.
The announcement does not provide any information on financial performance (revenue, profit, dividends).
The announcement does not contain information on business developments or corporate actions.

⚠️ Risk Assessment

Lack of specific information on financial performance.
Uncertainty regarding board decisions.

📄 Source Document

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🔍 Raw Analysis Data

Click to view JSON data

{
  "sentiment": "NEUTRAL",
  "signal": "HOLD",
  "strength": 4,
  "brief_summary": "Khaled Siraj Textile Mills Limited has announced a board meeting on October 3, 2025, to approve the annual accounts for the year ended June 30, 2025. The company has declared a closed period for trading of shares from September 26, 2025, to October 3, 2025, to prevent insider trading.",
  "key_points": [
    "Board meeting scheduled for October 3, 2025, to approve annual accounts.",
    "Closed period declared from September 26, 2025, to October 3, 2025, restricting trading by insiders.",
    "The announcement does not provide any information on financial performance (revenue, profit, dividends).",
    "The announcement does not contain information on business developments or corporate actions."
  ],
  "financial_impact": "LOW",
  "price_target": "No specific price target can be derived from this announcement.",
  "risk_factors": [
    "Lack of specific information on financial performance.",
    "Uncertainty regarding board decisions."
  ],
  "investment_thesis": "This announcement is purely procedural, informing investors about the upcoming board meeting and the closed period. Without information on the company's financial performance, it is difficult to make any investment decisions. Investors should wait for the board meeting outcome and the release of the annual accounts before making any moves.",
  "simple_note": "\ud83c\udfe2 Meeting News: Company board is meeting to make important decisions. Stock price may move after the meeting based on what they decide."
}

Disclaimer: This analysis is AI-generated and for informational purposes only. It is not financial advice. Please conduct your own research before making any investment decisions.

Written by: FoxLogica News Analysis

Published on: September 29, 2025