Signal: BUY - FoxLogica

📈 KOHP: BUY Signal (8/10) – Transmission of 1st Quarterly Report for the Period Ended 30-09-2025

⚡ Flash Summary

Kohinoor Power Company Limited (KOHP) reported a strong first quarter for the period ended September 30, 2025. Rental income significantly increased to Rs. 2.494 million compared to Rs. 1.362 million in the corresponding period last year. The company’s profit surged to Rs. 1.417 million from Rs. 0.182 million, leading to an EPS increase from Rs. 0.01 to Rs. 0.11. This impressive growth is attributed to increased rental income and strategic equity market investments.

Signal: BUY 📈

Strength: 8/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

⬆️ Rental income soared to Rs. 2.494 million, a significant increase from Rs. 1.362 million YoY.
💰 Net profit surged to Rs. 1.417 million, compared to Rs. 0.182 million in the previous year.
📈 EPS improved dramatically to Rs. 0.11, up from Rs. 0.01 YoY.
🏢 Increase in Rental Income and Equity Market investment boosted the Profit.
👤 The Board of Directors consists of 6 male and 1 female director.
✅ Audit Committee is Chaired by Mrs. Sadaf Kashif.
🏦 Key bankers include Askari Bank Limited and MCB Bank Limited.
🌐 Company website is www.kpcl.com.pk.
🧾 Un-audited report for the quarter ended 30-09-2025.
🏢 Registered office is located in Gulberg-II, Lahore.
💼 Total Equity increased to Rs. 123.527 million from Rs. 122.109 million since June 30, 2025.
💸 Cash and bank balances increased to Rs. 16.431 million from Rs. 13.198 million since June 30, 2025.
🏭 Principal activity of the company is to generate and sell electric power.

🎯 Investment Thesis

BUY. KOHP presents a compelling investment opportunity based on its strong Q1 2026 performance. The significant growth in rental income, coupled with improved profitability and EPS, indicates a turnaround and positive growth trajectory. A price target of Rs. 2.00, reflecting a P/E ratio of 18.2, is justified given the improved EPS of 0.11. The time horizon is MEDIUM_TERM (12-18 months), anticipating continued growth and improved investor confidence.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements LUCK Signal: BUY

📈 LUCK: BUY Signal (7/10) – Transmission of Quarterly Report for the period ended – September 30, 2025

⚡ Flash Summary

Lucky Cement Limited’s Q1 FY2026 report reveals a company navigating a recovering Pakistani economy with cautious optimism. Consolidated gross revenue increased by 13.5% YoY to PKR 155.4 billion, driven by improved performance of the company and its subsidiaries, while consolidated net profit surged by 22.7% resulting in an EPS of PKR 15.01. The company is expanding both locally and internationally with an expansion of cement production capacity of 0.65 million tons per annum at Samawah, Iraq. However, the company faces challenges such as cheaper imports impacting its polyester, soda ash, and chemicals businesses.

Signal: BUY 📈

Strength: 7/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📈 Consolidated gross revenue increased by 13.5% YoY, reaching PKR 155.4 billion.
💰 Consolidated net profit increased by 22.7% YoY to PKR 23.6 billion.
⭐ Earnings Per Share (EPS) increased by 22.7% to PKR 15.01.
🏭 Domestic cement operations revenue increased by 15.2% YoY.
🌍 Local sales volumes grew by 17.7%, outperforming the overall cement industry’s 15.0% growth.
🇮🇶 Foreign cement operations in Iraq and Congo continued to drive profitability with improved margins.
📉 Lucky Core Industries’ (LCI) net turnover decreased by 7% to PKR 28.6 billion due to lower revenues in some sectors.
💊 Pharmaceuticals and Animal Health businesses of LCI showed growth, increasing by 25% and 22% respectively.
🚗 Automobile sector demonstrated improved volumes, with an overall increase of 52% YoY.
📱 Smartphone imports registered a substantial increase of 143% in volume and 114% in value YoY.
⚡ The 660 MW Lucky Electric Power Company Limited (LEPCL) plant maintained 100% commercial availability.
✔️ Pakistan’s domestic cement sales volumes increased by 15%, reaching 9.58 million tons.
🌍 Exports also grew by 20.8% to 2.59 million tons.
⛏️ Strategic expansion in copper and gold mining through National Resources (Pvt.) Limited (NRL).
🌱 Cement production capacity expansion of 0.65 million tons per annum at Samawah, Iraq is progressing.

🎯 Investment Thesis

Lucky Cement is a BUY. The company has demonstrated strong financial performance in Q1 FY2026, with significant growth in revenue, net profit, and EPS. The company is well-positioned to capitalize on the recovering Pakistani economy, supported by improvements in industrial activity, fiscal discipline, and investor confidence. Key drivers for growth include the cement production capacity expansion in Iraq. The company’s EPS growth and industry performance make it an attractive investment.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements GCIL Signal: BUY

📈 GCIL: BUY Signal (8/10) – Transmission of 1st Quarterly Accounts – GHANI CHEMICAL INDUSTRIES LIMITED

⚡ Flash Summary

Ghani Chemical Industries Limited (GCIL) reported an impressive Q1 2025, showcasing significant growth despite challenging economic conditions. Sales increased to Rs. 2,169 million from Rs. 2,037 million in the same period last year, driven by increased sales volumes and improved pricing. This resulted in a surge in gross profit to Rs. 909 million from Rs. 636 million. Profit after taxation also saw a substantial increase to Rs. 528 million from Rs. 303 million, leading to higher earnings per share of Rs. 0.93 compared to Rs. 0.61 last year.

Signal: BUY 📈

Strength: 8/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🚀 Sales increased to Rs. 2,169 million from Rs. 2,037 million, a ~6.5% increase YoY.
📈 Gross profit surged to Rs. 909 million from Rs. 636 million, representing a ~43% increase YoY.
💰 Profit after taxation jumped to Rs. 528 million from Rs. 303 million, a ~74% increase YoY.
⭐ Earnings per share (EPS) rose to Rs. 0.93 from Rs. 0.61, a ~52% increase YoY.
🏭 Enhanced operational efficiency and optimized plant performance boosted profitability.
🎯 Focus on process improvement and higher capacity utilization contributed to lower per-unit production costs.
🌱 The company is expanding into new business areas, establishing a 450 MT capacity LPG Storage and Filling Plant.
🤝 GCIL has signed an MOU with a leading Pakistani energy company for capturing and processing cold vent/exhaust gases, promoting sustainability.
💸 Distribution costs significantly increased to Rs. 132.6 million from Rs. 39.48 million.
💼 Administrative expenses also rose to Rs. 85.9 million from Rs. 64.4 million.
🏦 Finance costs increased to Rs. 137.777 million from Rs. 114.794 million.
💹 Net cash used in operating activities stood at (Rs. 37.513) million compared to Rs. 327.191 million generated last year.
👍 Basic/diluted combined earnings per share is Rs. 0.93 compared to Rs. 0.61 previously.

🎯 Investment Thesis

GCIL is a BUY. The company’s strong Q1 2025 performance, driven by increased sales and improved profitability, demonstrates effective management and operational efficiencies. The expansion into new business areas, along with sustainability initiatives, positions the company for future growth. However, the negative operating cash flow needs to be monitored closely.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements Signal: BUY

📈 HPL: BUY Signal (7/10) – Transmission of Quarterly Report for the Nine Months Period Ended 30 September 2025

⚡ Flash Summary

Hoechst Pakistan Limited (HPL) reported unconsolidated interim financial statements for the nine months ended September 30, 2025. Net sales increased by 20% to Rs. 24,569 million compared to the same period last year, driven by growth in Cardiovascular, Consumer Healthcare, and Diabetes portfolios. Gross profit margin improved to 35% from 31% due to renegotiation of supply prices and production efficiency. Profit after tax significantly increased to Rs. 2,220 million from Rs. 1,205 million in 2024, although other expenses increased due to adverse exchange rate movements.

Signal: BUY 📈

Strength: 7/10

Sentiment: POSITIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

📈 Net sales grew by 20% reaching Rs. 24,569 million.
💰 Gross profit surged to Rs. 8,667 million.
📊 Gross margin improved significantly from 31% to 35%.
⚙️ Operating profit increased substantially to Rs. 3,959 million.
📉 Finance costs slightly decreased to Rs. (76) million.
✅ Profit after tax jumped to Rs. 2,220 million.
⭐ Earnings per share rose to Rs. 230.14.
⬆️ Distribution and marketing expenses increased to 14% of net sales.
⬇️ Administrative expenses decreased to 3% of net sales.
exchange loss increased to Rs. 272 million.
🌱 H-Pack Wellness (Private) Limited contributed Rs. 13.8 million in revenue and reported net loss of Rs. 8.7 million.
💸 Investment in H-Pack Wellness (Private) Limited is Rs. 20 million.
🌎 Geographic revenue mix: Pakistan (Rs. 23,385 million), Afghanistan (Rs. 1,183 million).

🎯 Investment Thesis

HPL showcases robust financial performance with strong sales and profit growth. The improvement in gross margin due to cost management initiatives makes the stock favorable. The expansion into wellness product through H-Pack is a strategic move. Recommend a BUY rating based on these factors. The price target is based on sector peers, with a short term horizon, as the company is in expansion mode.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements FEROZ Signal: BUY

📈 FEROZ: BUY Signal (7/10) – Transmission of Quarterly Financial Statements for the Period Ended 30-09-2025

⚡ Flash Summary

Ferozsons Laboratories Limited (FEROZ) reported its condensed interim financial information for the three months ended September 30, 2025. On a consolidated basis, net sales increased by 31% to Rs. 5.94 billion. The company’s gross profit margin improved to 41% from 39% in the same period last year, attributed to a shift in sales mix away from lower-margin institutional sales. Earnings per share (EPS) increased to Rs. 4.20, compared to Rs. 3.23 in the same period last year.

Signal: BUY 📈

Strength: 7/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🚀 Consolidated net sales increased by 31% to Rs. 5.94 billion.
📈 Standalone net sales grew by 16% to Rs. 3.88 billion.
💊 In-market generic sales increased by 21%.
📉 Institutional sales of generics and medical devices decreased by 1%.
💰 Gross Profit (GP) margin improved to 41% from 39%.
📊 Selling and distribution expenses increased by 30%.
💸 Administrative expenses increased by 16% due to inflationary impact.
📉 Finance costs decreased by 50% due to reduced policy rate by State Bank of Pakistan.
👍 Profit before tax grew by 50%.
📈 Profit after tax increased by 30%.
🧾 Effective tax rate closed at 39%, compared to 27% last year, due to change in tax regime for export sales.
⭐ Standalone earnings per share (EPS) closed at Rs. 4.20, compared to Rs. 3.23 last year.
🧪 BF Biosciences Limited sales increased by 75% to Rs. 2.43 billion.
💸 BF Biosciences Limited profit after tax increased by 38% to Rs. 160 million.

🎯 Investment Thesis

BUY: Ferozsons Laboratories demonstrates strong revenue growth and improved profitability. The company’s strategic shift towards higher-margin sales and efficient cost management makes it an attractive investment. Price Target: Rs. 7.50. Time Horizon: Medium Term.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements BNL Signal: BUY

📈 BNL: BUY Signal (8/10) – Transmission of Quarterly Report for the Period Ended

⚡ Flash Summary

Bunnys Limited’s Q1 2025 report reveals an 11.76% increase in revenue compared to Q1 2024, reaching Rs. 2,012.18 million. The gross profit margin improved significantly to 29.72% from 25.12% year-over-year. Profit after tax surged substantially to Rs. 162.13 million, a notable rise from Rs. 30.13 million in the prior year. Earnings per share (EPS) also increased significantly to Rs. 2.43 from Rs. 0.45, indicating a strong improvement in profitability.

Signal: BUY 📈

Strength: 8/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🚀 Revenue increased by 11.76% year-over-year, reaching Rs. 2,012.18 million.
📈 Gross profit margin improved to 29.72% from 25.12%.
💰 Profit after tax increased significantly to Rs. 162.13 million from Rs. 30.13 million.
⭐ Earnings per share (EPS) increased to Rs. 2.43 from Rs. 0.45.
📊 Operating profit increased to Rs. 234.49 million from Rs. 133.30 million.
🍞 Strong demand across key product categories drove improved results.
🎯 Enhanced product portfolio focusing on health-oriented and value-added food items.
📣 Effective brand and distribution strategies boosted financial performance.
⚙️ Emphasis on cost optimization, process efficiency, and quality assurance contributed to improved margins.
🌱 Net profit ratio increased to 8.06% against a net ratio of 1.67% of the same quarter last year.
🏦 Finance costs decreased slightly due to lower markup rates.
🏭 The company is continuously updating its plant and equipment with cutting-edge technology.
🤝 Acknowledgement to stakeholders including shareholders and bankers.
🔒 No major changes in commitments affecting the financial position.
🌐 Website: www.bunnys.com.pk

🎯 Investment Thesis

BUY. Bunnys Limited shows robust financial performance with significant improvements in revenue, profitability, and EPS. The company’s strategic initiatives, including product portfolio enhancement and cost optimization, contribute to sustained growth. A price target of Rs. 100.00, based on a P/E multiple of 41x, is justified given the company’s growth trajectory. Time horizon: Medium Term (12-18 months). The increase in earnings should attract investor attention and drive the stock price higher.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements IPAK Signal: BUY

📈 IPAK: BUY Signal (8/10) – Transmission of Quarterly Report for the Period Ended 30th September 2025

⚡ Flash Summary

IPAK’s quarterly report for September 30, 2025, reveals a strong performance with consolidated revenue increasing by 33.4% year-over-year to PKR 10.19 billion. The company also improved its gross and operating margins, leading to a significant increase in net profit to PKR 704 million, a substantial increase from PKR 91 million in the previous year. Standalone operations also showed margin recovery with a net profit of PKR 183 million. The company credits enhanced capacity utilization, a better product mix, and disciplined cost management for this performance.

Signal: BUY 📈

Strength: 8/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🚀 Consolidated revenue increased by 33.4% YoY, reaching PKR 10.19 billion (2024: PKR 7.64 billion).
📈 Net profit after tax improved significantly to PKR 704 million (2024: PKR 91 million).
💰 Standalone operations reported a net profit of PKR 183 million, recovering from previous losses.
🏭 Enhanced capacity utilization noted across subsidiaries like GPAK and PPAK.
🧩 Better product mix contributed to improved margins and profitability.
✂️ Disciplined cost management aided overall financial performance.
📉 Finance costs reduced substantially on a standalone basis.
🌍 Export momentum expected to remain healthy, driven by international customer traction.
🎞️ Expanding mix of specialized and high-barrier films driving growth.
⚙️ Ongoing initiatives in process efficiency and automation supported operations.
💼 Working-capital discipline positively impacted the quarter’s performance.
🌱 Management remains cautiously optimistic about sustaining profitability.
🏦 Proposed final cash dividend of Re. 0.6 per share (totaling Rs. 420 million) and a 5% bonus issue, subject to shareholder approval.

🎯 Investment Thesis

Given IPAK’s strong Q1 2026 performance, with significant revenue and profit growth, the recommendation is BUY. The enhanced capacity utilization, better product mix, and disciplined cost management highlight effective management. Expect the stock to appreciate as earnings momentum continues and investors recognize the improved financial profile.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements JSIL Signal: BUY

📈 JSIL: BUY Signal (8/10) – Transmission of Quarterly Report for the Period Ended September 30, 2025

⚡ Flash Summary

JS Investments Limited (JSIL) reported strong performance for the nine months ended September 30, 2025. The company’s Assets Under Management (AUM) grew by 22% since December 31, 2024, reaching PKR 156 billion, and surged by 54% year-on-year. Core revenues increased by 132% year-on-year to PKR 796 million, driven by growth in management fee income and fund performance. Net profit after tax stood at PKR 370 million, with Earnings Per Share (EPS) at PKR 6.00, compared to PKR 256 million and PKR 4.14 respectively in the corresponding period last year. The company expanded its investor base by approximately 15,000 new accounts.

Signal: BUY 📈

Strength: 8/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

💰 AUM increased by 22% since December 31, 2024, to PKR 156 billion.
📈 AUM surged by 54% year-on-year from PKR 101 billion.
🚀 Core revenues grew by 132% year-on-year to PKR 796 million.
✅ Profit before tax increased by 77% to PKR 530 million.
✨ Net profit after tax reached PKR 370 million.
💸 EPS increased to PKR 6.00 from PKR 4.14 year-on-year.
👥 Investor base expanded by ~15,000 new accounts.
⭐ JS KPK Pension Fund added 2,303 new accounts, the highest addition in FY25.
🏦 JS Islamic Sarmaya Mehfooz Fund (Plan I) raised around PKR 2 billion.
🏨 JS Hotel REIT, Pakistan’s first Shariah-compliant hospitality-backed REIT, was officially launched.
🤝 JS Rental REIT enhanced its portfolio with an operator agreement with IWG (Regus).
🏗️ Planned REITs advanced through regulatory reviews and structuring phases.
🏛️ Pakistan’s Real Estate Investment Trust (REIT) sector market capitalization increased from approximately PKR 78 billion at the end of December 2024 to around PKR 105 billion by the end of September 2025.
📉 Inflation averaged 2.70% during the nine-month period, down from 15.71% the previous year.
✔️ External position improved, with the current account surplus of USD 381 million during the nine months to September 2025, compared to a deficit of USD 963 million a year earlier.

🎯 Investment Thesis

JS Investments Limited’s strong financial performance, expanding product portfolio, and increasing investor base make it an attractive investment. The company’s focus on launching innovative real estate investment solutions and strategic partnerships with JS Bank and BankIslami will likely drive further growth. I recommend a BUY rating, with a price target of PKR 8.50, based on projected earnings growth and a P/E multiple of 14x. Time horizon: Medium term.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

ALAC announcements Signal: BUY

📈 ALAC: BUY Signal (7/10) – Transmission of Quarterly Report for the Period Ended September 30, 2025

⚡ Flash Summary

Askari Life Assurance Company Limited reported a significant turnaround for the nine months ended September 30, 2025, achieving a profit after tax of PKR 40.95 million compared to a loss of PKR 65.12 million in the same period last year. Gross premium revenue surged by 75% to PKR 2,196.38 million, driven by growth in both individual and group life segments. Despite a decline in investment income, the company demonstrated improved profitability and operational efficiency, reinforcing its prudent business strategy and robust risk management framework. The company remains optimistic about achieving sustained growth and long-term profitability.

Signal: BUY 📈

Strength: 7/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📈 Gross premium revenue increased by 75% to PKR 2,196.38 million compared to PKR 1,253.05 million in the corresponding period of last year.
👤 Individual life business grew significantly, reaching PKR 1,794.26 million against PKR 872.27 million in the same period last year.
👥 Group life business stood at PKR 402.12 million, compared to PKR 380.77 million in the corresponding period.
📉 Investment and other income declined to PKR 245.03 million from PKR 276.84 million in the corresponding period due to lower interest rates.
📊 The Company’s investment portfolio increased to PKR 3,304.10 million as of September 30, 2025, from PKR 2,703.69 million as of December 31, 2024.
💰 Net insurance benefits expense increased by 60% to PKR 326.77 million, driven by the rise in Gross Written Premium (GWP).
⚙️ Marketing, administration, and other expenses increased by 14% to PKR 345.95 million.
✅ Profit after tax reached PKR 40.95 million, a significant improvement from a loss of PKR 65.12 million in the same period of last year.
⭐ The company maintains its focus on sustainable growth, digital innovation, and operational excellence.
🤝 The Board acknowledges the support of policyholders, shareholders, business partners, regulators, and employees.

🎯 Investment Thesis

We recommend a BUY rating for Askari Life Assurance Company Limited. The company’s recent performance demonstrates a significant turnaround with substantial revenue growth and improved profitability. We believe that Askari Life is well-positioned to capitalize on the growing demand for insurance products in Pakistan. We set a price target of PKR 1.00, based on discounted cash flow analysis, representing an upside of 70% from the current market price, with a medium-term (12-18 months) time horizon.

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

announcements Signal: BUY WAVESAPP

📈 WAVESAPP: BUY Signal (8/10) – Transmission of Quarterly Report for the Period Ended 30 September 2025

⚡ Flash Summary

Waves Home Appliances Limited reported a strong increase in profitability for the nine months ended September 30, 2025. Net sales increased by 11.4% to Rs. 2,792.95 million, while profit for the period surged to Rs. 261.58 million compared to Rs. 68.42 million in the same period last year. This translated to a significant increase in earnings per share (EPS) from Rs. 0.26 to Rs. 0.98. The company cited improved economic conditions and operational efficiency as key drivers for this performance.

Signal: BUY 📈

Strength: 8/10

Sentiment: POSITIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📈 Sales increased by 11.4% YoY to Rs. 2,792.95 million.
💰 Gross profit increased to Rs. 757.80 million from Rs. 685.86 million.
Operating profit surged to Rs. 715.98 million from Rs. 419.02 million.
✨ Profit before levies and income tax reached Rs. 313.14 million, up from Rs. 117.99 million.
✅ Profit for the period soared to Rs. 261.58 million from Rs. 68.42 million.
💲 Earnings per share (EPS) significantly increased to Rs. 0.98 from Rs. 0.26.
🚫 No dividend payout was recommended due to tough economic conditions.
🇵🇰 The company is optimistic about sustained macroeconomic stability in Pakistan.
🏭 Focus on energy-efficient and locally assembled appliances.
📊 Increase in trade debts to Rs. 4,513.63 million from Rs. 4,212.67 million.
🏦 Long term financings increased to Rs. 4,656.63 million from Rs. 3,636.59 million
💰 Cash flow from operating activities decreased to Rs. 100.89 million from Rs. 581.50 million.
🤝 Loan from sponsoring directors increased to Rs. 523.47 million from Rs. 430.08 million.
🏢 Investment property increased to Rs. 303.20 million from Rs. 87.20 million.
🌎 Overall economic activity remained moderate due to elevated interest rates.

🎯 Investment Thesis

I recommend a BUY rating for Waves Home Appliances Limited. The company’s strong financial performance, particularly the significant increase in profitability and EPS, signals a positive trajectory. The focus on energy-efficient and locally assembled appliances aligns with market trends and government support. While risks exist, the potential for continued growth and improved valuation outweighs the concerns. **Price Target:** Based on an optimistic outlook and potential P/E expansion, a 12-month price target of PKR 40, reflecting 25x annualized EPS. **Time Horizon:** Medium Term (12 months).

View Original PDF

Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 6, 2025

+ More