WAHN

⚡ Flash Summary

Wah Nobel Chemicals Ltd. is holding a Corporate Briefing Session (CBS) on November 20, 2025, to discuss the company’s financial performance for the year ended June 30, 2025, and its future outlook. The session will be conducted via video link. Shareholders, investors, and analysts interested in attending the CBS are requested to register by emailing cbswahn@wahnobel.com with the subject “Registration for WNCL CBS 2024.”

📌 Key Takeaways

• 📅 Corporate Briefing Session (CBS) scheduled for November 20, 2025.
• 💻 CBS will be held via video link.
• 🏢 Company: Wah Nobel Chemicals Limited.
• 📊 Discussion of financial performance for the year ended June 30, 2025.
• 🔮 Future outlook will be discussed.
• 📧 Registration required via email to cbswahn@wahnobel.com.
• 📝 Email subject: “Registration for WNCL CBS 2024”.
• ⏱️ Session starts at 11:00 hrs.
• ✉️ Video link and login credentials will be shared with registered participants.
• ⏳ Registration deadline: November 20, 2025, till 09:30 hrs.
• 🤝 Invitation extended to shareholders, investors, and analysts.

🎯 Investment Thesis

A HOLD recommendation is appropriate pending the information shared during the Corporate Briefing Session. Further analysis is needed to assess the company’s financial health and future prospects. A price target and time horizon cannot be determined without detailed financial data.

⚡ Flash Summary

WAHN’s Corporate Briefing Session 2025 highlights the company’s performance and future outlook. In FY 2024-25, WAHN achieved its highest ever net sales of Rs. 5,096 million, a 9% increase YoY. However, gross profit decreased by 19% due to increased input costs. Despite this, shareholders’ equity increased by Rs 396 million and a 100% cash dividend was paid. The company anticipates pressure on margins due to competition, rising raw material costs, and taxation.

📌 Key Takeaways

• 📈 Record net sales of Rs. 5,096 million in FY 2024-25, up 9% year-over-year.
• 📉 Gross profit decreased by 19% to Rs. 854 million due to higher input costs.
• 💰 Finance costs significantly reduced by 38% to Rs. 18 million.
• 📉 After-tax profit declined by 12% to Rs. 482 million from Rs. 549 million.
• Raw material prices and super tax affected the bottom line.
• 🏦 Shareholders’ equity increased by Rs. 396 million.
• 💸 100% cash dividend was paid to shareholders.
• 🏭 Urea Formaldehyde Moulding Compound plant capacity expansion to 19,000 TPY in 2025.
• 🧪 Formaldehyde plant total installed capacity of 80,000 TPY as of 2019.
• ⚠️ Anticipated pressure on margins due to competition and rising costs.
• 🌍 Export to Afghanistan affected by border closure.
• 🌱 Management aims to mitigate risks and achieve growth in FY 2025-26.
• Earnings Per Share decreased from Rs 61.05 to Rs 53.55.
• Break up value per share increased from Rs 251 to Rs 295.

🎯 Investment Thesis

HOLD. WAHN has achieved strong revenue growth, but profitability is under pressure. The company’s expansion plans and management’s commitment to growth are positive, but the risks need to be monitored. Await further clarity on cost management strategies before changing recommendation.

⚡ Flash Summary

Wah Nobel Chemicals Ltd. held its 42nd Annual General Meeting on October 27, 2025, where members passed resolutions including the confirmation of minutes from the previous meeting and approval of the financial statements along with the directors’ and auditors’ reports for the year ending June 30, 2025. A final cash dividend of Rs. 90 million, or Rs. 10 per share (100%), was approved for shareholders whose names were in the register as of October 19, 2025. Grant Thornton Anjum Rahman, Chartered Accountants, were re-appointed as statutory auditors for the year ending June 30, 2026, with a total remuneration of Rs 920,000 plus tax and out-of-pocket expenses up to Rs 42,000. These resolutions indicate standard corporate governance and financial management practices.

📌 Key Takeaways

• ✅ Minutes of the Extra Ordinary General Meeting held on May 29, 2025, were confirmed.
• 📊 Audited Financial Statements, Directors’ and Auditors’ Reports for the year ended June 30, 2025, were approved.
• 💰 A final cash dividend of Rs. 90 million was approved for the financial year ended June 30, 2025.
• 💸 The dividend amounts to Rs. 10 per share, representing a 100% payout on shares with a face value of Rs. 10 each.
• 🗓️ Shareholders eligible for the dividend are those registered as of the close of business on October 19, 2025.
• 🧑‍💼 M/s Grant Thornton Anjum Rahman, Chartered Accountants, were re-appointed as statutory auditors for the year ending June 30, 2026.
• 🧾 The total remuneration for the auditors is Rs 920,000 plus applicable taxes.
• expenses up to Rs. 42,000 are also approved for the auditors.
• 📅 The 42nd Annual General Meeting took place on October 27, 2025.
• 🏢 The meeting was held at the registered office of the company in Wah Cantt.
• 📜 Resolutions were passed and adopted by the members during the meeting.
• 🤝 The company is a joint venture between POF, SAAB Sweden, and ALMISEHAL Co., Saudi Arabia.

🎯 Investment Thesis

Given the approval of the financial statements, the dividend payout, and the reappointment of auditors, a HOLD recommendation seems appropriate. The company appears to be maintaining a stable financial position. Further information is needed to make a more informed investment decision. Price target is difficult to determine without full financial details.

⚡ Flash Summary

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

📌 Key Takeaways

• WAHN 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 WAHN. Manual verification required.

⚡ Flash Summary

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

📌 Key Takeaways

• WAHN 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 WAHN. Manual verification required.

⚡ Flash Summary

Wah Nobel Chemicals Ltd. has announced that a shareholder, Ms. Ambreen Masood, has lost or misplaced four share certificates covering a total of 375 shares. The announcement includes the certificate numbers, distinctive numbers, and the date of reporting as October 8, 2025. The company has requested the Pakistan Stock Exchange to circulate this information and has advised its members not to deal in these certificates. If no claims are received within 21 days, duplicate certificates will be issued.

📌 Key Takeaways

• 📄 Wah Nobel Chemicals reports loss of share certificates.
• 👩‍💼 Shareholder Ms. Ambreen Masood reports loss.
• 🔢 Four share certificates are misplaced.
• 📉 A total of 375 shares are affected.
• 🗓️ Reporting date is October 8, 2025.
• 🔒 Company requests no dealing in the lost certificates.
• ⏳ 21-day claim period is provided.
• 🖨️ Duplicate certificates to be issued after formality completion.
• 🏢 Pakistan Stock Exchange is notified.
• 📜 Certificate numbers are provided for reference.
• Wah Nobel Chemicals is ISO certified

🎯 Investment Thesis

Given the nature of the announcement, which is purely administrative regarding lost share certificates, a HOLD recommendation is appropriate. There is no fundamental change to the company’s financial position or operational outlook. No price target adjustment is warranted. It is a medium term hold.

⚡ Flash Summary

Wah Nobel Chemicals Ltd. has announced the notice for its 42nd Annual General Meeting (AGM) scheduled for October 27, 2025. The meeting will cover key business items, including the approval of financial statements for the year ended June 30, 2025, and the declaration of a final cash dividend of PKR 10 per share (100%). Shareholders are encouraged to participate either in person or via video link, with specific instructions provided for registration and proxy submissions. The company also urges shareholders to update their information, particularly regarding bank mandates and CNIC details, to ensure seamless dividend payments and compliance with regulatory requirements.

📌 Key Takeaways

• 🗓️ AGM scheduled for October 27, 2025, at 11:00 AM at the company’s registered office.
• ✅ Agenda includes confirmation of minutes from the May 29, 2025 EOGM.
• 💰 Approval of audited financial statements for the year ended June 30, 2025, is on the agenda.
• 💸 Final cash dividend of PKR 10 per share (100%) recommended by the directors for approval.
• 🧑‍💼 Re-appointment of Messer Grant Thornton Anjum Rahman as auditors for the year ending June 30, 2026, proposed.
• ⛔ Share transfer books will be closed from October 20, 2025, to October 27, 2025.
• 🗳️ Proxy submissions must be received 48 hours before the meeting.
• 💻 Shareholders can attend the AGM via video link; registration required by October 25, 2025.
• 📧 Shareholders requested to provide email addresses and cell phone numbers for communication.
• 🆔 CNIC copies must be submitted to the Share Registrar without delay.
• ⚠️ Dividends may be withheld if a valid CNIC copy is not on record.
• Tax deduction rates on dividends: 15% for ATL members, 30% for non-ATL members.
• 🏦 Bank mandate details (account title, number, IBAN) must be provided for electronic dividend payments.
• 🔄 Physical shares should be converted to book-entry form as per SECP directives.
• 🎁 No gifts will be distributed at the AGM, in line with SECP guidelines.

🎯 Investment Thesis

Based solely on the AGM notice and the dividend announcement, a HOLD recommendation is appropriate. The dividend is a positive sign, but further analysis of the company’s overall financial performance is needed before making a stronger recommendation. The current announcement doesn’t give enough information to suggest a buy or sell strategy. I will need to see financial statements to come up with a price target and timeframe.