PASM - FoxLogica

⏸️ PASM: HOLD Signal (5/10) – Resolution adopted in AGM

⚡ Flash Summary

Paramount Spinning Mills Limited held its Annual General Meeting on October 28, 2025, where the annual audited accounts for the year ended June 30, 2025, were approved. The meeting also saw the appointment of M/s Malik Haroon Ahmad & Co (Chartered Accountants) as the auditor for the next financial year, ending on June 30, 2026. The auditor’s professional fee will be determined by the Chief Executive of the Company. These decisions signal a continuation of standard operational and financial oversight practices.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ Annual Audited Accounts for the year ended June 30, 2025, have been approved.
🗓️ The approval took place during the Annual General Meeting held on October 28, 2025.
🤝 Directors’ and Auditors’ Reports were included in the approval.
👨‍💼 M/s Malik Haroon Ahmad & Co (Chartered Accountants) appointed as auditor.
audit period covers the next financial year.
📅 The next financial year ends on June 30, 2026.
💰 Auditor’s professional fee to be decided by the Chief Executive Officer.
📜 Resolutions were passed during the meeting.
🏢 Paramount Spinning Mills Limited is the company in question.
📍 The meeting took place in accordance with company protocols.

🎯 Investment Thesis

HOLD. The announcement doesn’t provide any new information to change the investment thesis. It indicates stable governance, but further financial data is needed for a more informed decision. Price target to remain unchanged until further financial details are released.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements PASM Signal: SELL

📉 PASM: SELL Signal (8/10) – Financial Results for the Quarter Ended 30.09.2025

⚡ Flash Summary

Paramount Spinning Mills Limited reported a challenging first quarter ended September 30, 2025, with a significant loss. The company’s sales were nil, resulting in a gross loss. Administrative expenses and finance costs further contributed to a substantial loss from operations and after taxation. There were no dividends, bonus shares, or right shares recommended by the board.

Signal: SELL 📉

Strength: 8/10

Sentiment: NEGATIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

📉 Sales were NIL for the quarter ended September 30, 2025, compared to an unquantified amount in 2024.
⚠️ The company reported a gross loss, indicating production costs exceeded sales.
🏢 Administrative expenses were (PKR 1,842,650), a significant increase from (PKR 295,361) in 2024.
💰 Other income was PKR 10,189, substantially lower than PKR 510,243 in 2024.
💔 The loss from operations was (PKR 1,832,461), compared to a profit of PKR 214,882 in 2024.
💸 Finance costs decreased slightly to (PKR 1,021) from (PKR 1,972) in 2024.
⛔️ The loss before taxation was (PKR 1,833,482), compared to a profit of PKR 212,910 in 2024.
📉 Loss after taxation was (PKR 1,833,482), compared to a profit of PKR 212,910 in the same quarter last year.
📉 Earnings per share (basic and diluted) were (PKR 0.11), a decrease from PKR 0.01 in 2024.
🚫 No cash dividend, bonus shares, or right shares were recommended.
🏦 Cash and bank balances decreased to PKR 4,508,360 from PKR 8,381,717 since June 30, 2025.
负 Accumulated losses increased to (PKR 1,375,512,682) from (PKR 1,373,679,200) since June 30, 2025.
⚠️ Total assets decreased to PKR 23,097,706 from PKR 26,009,026 since June 30, 2025.

🎯 Investment Thesis

Given the severe financial losses, lack of revenue, and increasing accumulated losses, a SELL recommendation is warranted. The company faces significant challenges in its operations and financial management. There is no clear indication of a turnaround strategy, and the current financial condition suggests a high probability of further deterioration. A price target cannot be reasonably established due to the lack of positive financial performance, the time horizon is short term.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements PASM Signal: SELL

📉 PASM: SELL Signal (8/10) – Transmission of Quarterly Report for the Period Ended 30.09.2025

⚡ Flash Summary

Paramount Spinning Mills Limited reported a loss of PKR 1.833 million for the quarter ended September 30, 2025, compared to a profit of PKR 212,910 in the same period last year. The company’s operations have been realigned following the implementation of a scheme of arrangement under which all assets were sold. The Board remains focused on delivering commercial trading and other services to sustain the business. There were no sales or cost of sales during the period.

Signal: SELL 📉

Strength: 8/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📉 Loss after taxation stood at PKR 1.833 million for Q1 2025, a stark contrast to the PKR 212,910 profit in Q1 2024.
🚫 Zero sales reported for the quarter ended September 30, 2025, indicating a significant operational change.
🏢 Administrative expenses were PKR 1.843 million, a significant increase from PKR 295,361 in the prior year.
🏦 Finance costs decreased to PKR 1,021 from PKR 1,972 year over year.
💸 Cash used in operating activities amounted to PKR 2.223 million compared to cash generated of PKR 3.687 million in Q1 2024.
💼 A scheme of arrangement has been implemented, involving the sale of company assets by an asset sale committee.
🔄 Operations have been realigned to focus on commercial trading and other services.
📉 Accumulated loss increased from PKR 1.374 billion as of June 30, 2025 to PKR 1.376 billion as of September 30, 2025.
💰 Cash and bank balances decreased from PKR 8.382 million to PKR 4.508 million.
liabilities including loans from associates and other parties have decreased to PKR 578.545 million from PKR 580.195 million QoQ.
👍 The board acknowledges the efforts and commitment of its employees during this tough time.

🎯 Investment Thesis

Given the current financial performance and ongoing realignment, a SELL recommendation is warranted. The company’s transition phase is fraught with risks, and there is no clear evidence of a successful turnaround. Investors should avoid the stock until there is greater clarity on the company’s ability to generate sustainable revenue and profit from its realigned operations.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements PASM Signal: HOLD

⏸️ PASM: HOLD Signal (5/10) – Board Meeting

⚡ Flash Summary

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

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

PASM 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 PASM. Manual verification required.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 22, 2025

announcements PASM Signal: HOLD

⏸️ PASM: HOLD Signal (6/10) – Transmission of Annual Report fot the year Ended 30.06.2025

⚡ Flash Summary

Paramount Spinning Mills Limited’s financial statements for the year ended June 30, 2025, reveal a notable profit after taxation of PKR 39.137 million, a significant increase from PKR 14.086 million in the previous year. The company has implemented a Scheme of Arrangement, selling off assets and realigning operations towards commercial trading and other services. Earnings per share have improved substantially to PKR 2.26, compared to PKR 0.81 in 2024. However, the board does not recommend a dividend for the year.

Signal: HOLD ⏸️

Strength: 6/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

✅ Profit after taxation soars to PKR 39.137 million, a substantial increase from PKR 14.086 million in 2024.
📈 Earnings per share (EPS) jumps to PKR 2.26, a significant improvement from PKR 0.81 the previous year.
💼 Scheme of Arrangement successfully implemented, realigning operations.
❌ No dividend recommended for the year ended June 30, 2025.
🏢 Total Assets decreased from PKR 40.77 million to PKR 26.009 million.
📉 Total Equity improves slightly from negative PKR 588.893 million to negative PKR 576.243 million.
🏦 Deferred liability for gratuity stands at PKR 2.241 million.
⚠️ Auditor’s observations highlight pending litigation with banks.
🔍 Qualified audit opinion due to unavailable information on fixed assets, bank balances, and payables.
🤝 Company sold its entire holding of 202,777 ordinary shares in Gulistan Spinning Mills Limited for PKR 2.844 million.
✔️ The company has been complying with the rules & regulations of Securities and Exchange Commission of Pakistan
✔️ There were four (4) meetings of the Board of Directors were held and attendance thereof by each director.
⚠️ The financial statements are presented in breakup value and the going concern basis is no longer appropriate
✔️ M/s Malik Haroon Ahmad & Co., Chartered Accountants have been recommended for reappointment.

🎯 Investment Thesis

HOLD. The company shows signs of recovery with increased profitability and EPS. However, lingering concerns include negative equity, lack of dividend, and pending litigation. A stronger BUY signal would require sustained profitability, positive equity, and resolution of outstanding legal issues.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 8, 2025

announcements PASM Signal: HOLD

⏸️ PASM: HOLD Signal (5/10) – Notice of Annual General Meeting

⚡ Flash Summary

Paramount Spinning Mills Limited (PASM) has announced its Annual General Meeting (AGM) to be held on October 28, 2025, in Karachi. Key items on the agenda include confirming the minutes of the last AGM, adopting the audited financial statements for the year ended June 30, 2025, and appointing auditors for the next financial year 2025-2026. The company’s share transfer books will be closed from October 21, 2025, to October 28, 2025, both days inclusive, for registration purposes.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ AGM scheduled for Tuesday, October 28, 2025, at 11:15 a.m. in Karachi.
🏢 Meeting will be held at 2nd Floor Finlay House, I.I. Chundrigar Road.
✅ Agenda includes confirming minutes of the previous AGM.
🧾 Adoption of audited financial statements for the year ended June 30, 2025, is on the agenda.
🧑‍💼 Appointment of auditors for the financial year 2025-2026 will be discussed.
💰 Fixing the remuneration of the appointed auditors is part of the agenda.
🚫 Share transfer books will be closed from October 21 to October 28, 2025.
✉️ Proxy appointments must be deposited 48 hours before the meeting.
🆔 CDC account holders must bring their CNIC and participant ID for identification.
🏢 Corporate entities need to provide certified BOD resolution or power of attorney.
💻 Members can attend via video link by registering before October 22, 2025, via email.
📧 The registration email is m.ijaz@gulshan.com.pk.
✍️ Members are required to notify changes of addresses to the Shares Registrar.
📍 Shares Registrar is M/s Hameed Majeed Associates (Pvt) Limited, Karachi.

🎯 Investment Thesis

Based on the AGM notice alone, a HOLD recommendation is appropriate. We need to analyze the company’s financial performance to make a more informed investment decision. A price target and time horizon cannot be determined without further financial information.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 7, 2025

announcements PASM Signal: HOLD

⏸️ PASM: HOLD Signal (5/10) – Notice of Annual General Meeting

⚡ Flash Summary

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ AGM scheduled for Tuesday, October 28, 2025, at 11:15 a.m. in Karachi.
🏢 Meeting will be held at 2nd Floor Finlay House, I.I. Chundrigar Road.
✅ Agenda includes confirming minutes of the previous AGM.
🧾 Adoption of audited financial statements for the year ended June 30, 2025, is on the agenda.
🧑‍💼 Appointment of auditors for the financial year 2025-2026 will be discussed.
💰 Fixing the remuneration of the appointed auditors is part of the agenda.
🚫 Share transfer books will be closed from October 21 to October 28, 2025.
✉️ Proxy appointments must be deposited 48 hours before the meeting.
🆔 CDC account holders must bring their CNIC and participant ID for identification.
🏢 Corporate entities need to provide certified BOD resolution or power of attorney.
💻 Members can attend via video link by registering before October 22, 2025, via email.
📧 The registration email is m.ijaz@gulshan.com.pk.
✍️ Members are required to notify changes of addresses to the Shares Registrar.
📍 Shares Registrar is M/s Hameed Majeed Associates (Pvt) Limited, Karachi.

🎯 Investment Thesis

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 7, 2025

announcements PASM Signal: BUY

📈 PASM: BUY Signal (7/10) – Financial Results For The Year Ended 30-06-2025

⚡ Flash Summary

Paramount Spinning Mills Ltd. reported financial results for the year ended June 30, 2025. The company experienced a significant increase in profitability, with profit after taxation rising to PKR 39.14 million compared to PKR 14.09 million in the previous year. Earnings per share also increased substantially from PKR 0.81 to PKR 2.26. The board did not recommend any cash dividend, bonus shares, or right shares.

Signal: BUY 📈

Strength: 7/10

Sentiment: POSITIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

💰 Profit after taxation soared to PKR 39.14 million, a substantial increase from PKR 14.09 million in 2024.
📈 Earnings per share (EPS) jumped to PKR 2.26, compared to PKR 0.81 in the previous year.
❌ No cash dividend was recommended by the board for the year.
🚫 Bonus shares were not announced.
❌ Right shares were also not recommended.
⬆️ Revenue increased significantly, as reflected in the profit from operations which rose to PKR 41.03 million from PKR 14.90 million.
⚠️ Accumulated losses decreased from PKR 1,412.82 million to PKR 1,373.68 million.
🏦 Loan from sponsors decreased from PKR 175 million to PKR 148.51 million.
🧾 Total assets decreased from PKR 40.77 million to PKR 26.01 million.
📉 Total equity improved from negative PKR 588.89 million to negative PKR 576.24 million.
💸 Cash and cash equivalents decreased from PKR 12.15 million to PKR 8.38 million.

🎯 Investment Thesis

I recommend a BUY rating for Paramount Spinning Mills Ltd. The company’s improved financial performance, as evidenced by the significant increase in profitability and EPS, makes it an attractive investment. The management’s strategic decisions, such as reinvesting profits, could lead to further growth. However, investors should closely monitor the company’s cash flow and working capital management. A price target of PKR 4.00, with a time horizon of 12 months, is justified based on the improved earnings potential and growth prospects.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 7, 2025