AIRLINK

⚡ Flash Summary

AIRLINK announced: Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Reg. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• AIRLINK made announcement: Disclosure of Interest by a Director CEO, or Executive of a listed company and their Spouses and the Substantial Shareholders u/c 5.6.1.(d) of PSX Regulations
• 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 AIRLINK. Manual verification required.

⚡ Flash Summary

AIRLINK announced: 24th Board Meeting in progress. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• AIRLINK made announcement: 24th Board Meeting in progress
• 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 AIRLINK. Manual verification required.

⚡ Flash Summary

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

📌 Key Takeaways

• AIRLINK 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 AIRLINK. Manual verification required.

⚡ Flash Summary

Airlink Communication Ltd. reported a decrease in net sales for FY 2025 compared to FY 2024, but experienced significant growth in the first quarter of September 2025. Full year net sales decreased by 19.5% to PKR 104,379 million, while Q1 sales increased by 10.7% to PKR 24,402 million. Profitability metrics such as gross profit and operating profit also showed improvement in Q1 2025. The company is expanding operations with a new production facility and partnerships.

📌 Key Takeaways

• 📉 Full year net sales decreased by 19.5% from PKR 129,742 million (FY 2024) to PKR 104,379 million (FY 2025).
• 📈 Gross profit increased by 13.9%, from PKR 9,667 million to PKR 11,014 million.
• ⬆️ GP Margin increased significantly from 7.5% to 10.6% year over year.
• ⬆️ Operating profit rose by 12.4% to PKR 9,544 million.
• ⬆️ Operating margin expanded from 6.5% to 9.1%.
• ⬆️ Profit after tax showed a slight increase of 2.6%, reaching PKR 4,747 million.
• ⬆️ Net margin improved from 3.6% to 4.5%.
• ⬆️ Earnings per share increased by 2.6% to PKR 12.01.
• ⬆️ Dividend per share grew by 7.7% to PKR 6.5.
• 📈 First quarter (Sept 2025) net sales increased by 10.7% to PKR 24,402 million compared to PKR 22,052 million in Sept 2024.
• ⬆️ Q1 gross profit surged by 56.1% to PKR 3,387 million.
• ⬆️ Q1 operating profit increased dramatically by 68.5% to PKR 3,008 million.
• ⬆️ Q1 profit after tax jumped by 88.0% to PKR 1,583 million.
• ⬆️ Q1 earnings per share increased by 88.3% to PKR 4.01.
• 🏭 Expansion plans include a new production facility at Sundar Green Special Economic Zone in Lahore.

🎯 Investment Thesis

Given the mixed performance, a HOLD recommendation is appropriate. While the FY 2025 revenue decline is concerning, the Q1 2025 results and expansion plans indicate potential for future growth. A price target of PKR 165, with a time horizon of 12 months, is based on the expectation that the company will successfully execute its expansion plans and improve sales.

⚡ Flash Summary

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

📌 Key Takeaways

• AIRLINK made announcement: Transmission of Quarterly Financial Statements 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 AIRLINK. Manual verification required.

⚡ Flash Summary

Airlink Communication Ltd. reported a decrease in net sales for FY 2025, falling to PKR 104,379 million from PKR 129,742 million in FY 2024, representing a significant decline of 19.5%. Despite the drop in revenue, the company demonstrated improved profitability, with gross profit increasing to PKR 11,014 million. This led to an improved gross profit margin of 10.6% compared to 7.5% in the previous year, reflecting enhanced operational efficiency. The company is expanding its operations by establishing a state-of-the-art production facility.

📌 Key Takeaways

• 📉 **Revenue Decline:** Net sales decreased by 19.5% from PKR 129,742 million to PKR 104,379 million.
• 📈 **Gross Profit Improvement:** Gross profit increased by 12.37% to PKR 11,014 million.
• 📊 **Improved GP Margin:** Gross profit margin rose from 7.5% to 10.6%, a 29.4% increase.
• 🚀 **Operating Profit Growth:** Operating profit increased by 12.4% to PKR 9,544 million.
• 💹 **Operating Margin Expansion:** Operating margin improved from 6.5% to 9.1%, a 28.4% increase.
• 💰 **Profit After Tax Increase:** Profit after tax saw a marginal increase of 2.66% to PKR 4,747 million.
• ⬆️ **Net Margin Improvement:** Net margin increased from 3.6% to 4.5%, a 21.6% increase.
• ⭐ **EPS Growth:** Earning per share increased by 2.65% to PKR 12.01.
• 💸 **Dividend Hike:** Dividend per share increased by 7.7% to PKR 6.5.
• 🏭 **Factory Expansion:** Plans to expand operations with a new production facility at Sundar Green Special Economic Zone (SGSEZ).
• 🤝 **Strategic Partnership:** Partnering with Acer Gadget Inc. to introduce Acer laptops and tablets in Pakistan.
• 📺 **Xiaomi TV Manufacturing:** Moving towards full-scale production of Xiaomi LEDs.
• 🏠 **Home Appliances Market Entry:** Expanding into consumer electronics such as ACs, refrigerators, and microwaves.
• 🌱 **ESG Initiatives:** Focus on philanthropy, environmental efforts, and ethical labor practices.
• 💧 **Thar Water Wells:** Established 17 solar-powered water wells to address water scarcity.

🎯 Investment Thesis

Based on the information provided, a HOLD recommendation is appropriate for Airlink. While the company has shown improved profitability, the significant revenue decline is concerning. The factory expansion and entry into new markets present potential growth opportunities, but also carry execution risk. A price target cannot be accurately determined without further information and a more detailed valuation analysis. This recommendation has a MEDIUM_TERM time horizon.