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📉 NPL: SELL Signal (7/10) – Holding of Corporate Briefing Session of Nishat Power Ltd. FY 2025 in Compliance with the requirements of Clause 5.7.3 of the Rule Book – Submission of Presentation for CBS 2025

⚡ Flash Summary

Nishat Power Limited (NPL) held a corporate briefing session for FY 2025, as per regulatory requirements. The company has undergone significant changes to its Power Purchase Agreement (PPA) following discussions with the Prime Minister’s Task Force, including a shift to a hybrid ‘take-and-pay’ model. These revisions impact insurance premiums, ROE/ROEDC components, and working capital costs. Financial performance for FY 2025 indicates a substantial decline in revenue and profitability compared to FY 2024.

Signal: SELL 📉

Strength: 7/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📅 Corporate Briefing Session held for FY 2025.
🤝 PPA revisions implemented following Task Force engagement.
⚡ Tariff model converted to a hybrid ‘take-and-pay’ system effective November 1, 2024.
💰 Insurance premium capped at 0.9% of EPC from FY 2026 onwards.
📊 ROE and ROEDC components structured under the new hybrid model with 35% fixed and 65% variable.
🔄 Working capital cost rebased on inventory, receivables, and pricing.
📉 USD-linked foreign O&M indexation capped at 70% if PKR depreciates.
🏢 Local O&M indexation capped at the lower of 5% or actual NCPI.
❌ GOP will unconditionally withdraw Arbitration under ASA.
📄 Outstanding and accrued DP waived until October 31, 2024.
🏛️ LCIA Arbitration clause revoked, replaced with Islamabad seated Arbitration.
⚡️ Participation in the Power Market at the discretion of the Power Purchaser.
📉 Net turnover decreased by (15,447,775) thousand Rs, a 69% drop YoY.
📉 EPS decreased from 15.22 Rs to 8.77 Rs, a 42% decrease YoY.

🎯 Investment Thesis

Given the significant decline in financial performance and the uncertainties surrounding the revised PPA terms, a SELL recommendation is warranted for Nishat Power Ltd. The drastic reduction in revenue and shift to a loss-making position raise concerns about the company’s future profitability. The revised PPA terms, while aimed at addressing circular debt issues, introduce new risks and uncertainties. Without a clear indication of a turnaround in financial performance, the investment outlook is negative.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 24, 2025

announcements NPL Signal: HOLD

⏸️ NPL: HOLD Signal (5/10) – Holding of Corporate Briefing Session of Nishat Power Limited FY 2025 in Compliance with the requirements of Clause 5.7.3 of the Rule Book

⚡ Flash Summary

Nishat Power Limited (NPL) has announced a Corporate Briefing Session (CBS) for FY 2025, in compliance with PSX regulations. The CBS will be based on the Annual Audited Financial Statements for the year ending June 30, 2025. The session is scheduled to be held online on November 25, 2025, at 10:30 a.m. A zoom link has been provided for attending the meeting, along with the Meeting ID and Passcode.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ Corporate Briefing Session announced for FY 2025.
🏦 Compliance with PSX Regulation Clause 5.7.3.
🧾 Based on Annual Audited Financial Statements for the year ended June 30, 2025.
🌐 Session will be held online.
📅 Date: November 25, 2025 (Tuesday).
⏰ Time: 10:30 a.m.
💻 Zoom Link: https://us02web.zoom.us/j/85145648093?pwd=b6NoBV6a694MAaPaC8nmG4wUa3ZbCH.1.
🆔 Meeting ID: 851 4564 8093.
🔑 Passcode: 399627.
📢 Information to be communicated to the members of the Exchange.

🎯 Investment Thesis

Given that this is merely an announcement of a corporate briefing session and lacks any specific financial data, an investment recommendation (BUY/SELL/HOLD) is not possible at this time. The recommendation will depend on the information disclosed during the session and in the subsequent financial statements. A neutral stance is maintained until further data is available.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

announcements NPL Signal: SELL

📉 NPL: SELL Signal (8/10) – Financial Results for the 1st Quarter ended September 30, 2025

⚡ Flash Summary

Nishat Power Limited’s Q1 2026 financial results reveal a significant decline in revenue and profitability compared to the same period last year. Revenue decreased substantially, leading to a sharp drop in gross profit and profit after taxation. The decrease in earnings per share reflects the decline in profitability. While other income remained relatively stable, administrative expenses saw a minor increase. The company did not declare any cash dividend, bonus shares, or right shares for the quarter.

Signal: SELL 📉

Strength: 8/10

Sentiment: NEGATIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

📉 Revenue from contracts with customers decreased by 38.8% YoY, from PKR 2,731.3 million to PKR 1,672.1 million.
💰 Cost of sales decreased by 3% YoY, from PKR 1,320.4 million to PKR 1,281.5 million.
📉 Gross profit decreased by 72.3% YoY, from PKR 1,410.9 million to PKR 390.6 million.
🏢 Administrative expenses increased by 4.7% YoY, from PKR 123.5 million to PKR 129.3 million.
⬆️ Other income decreased by 1.9% YoY, from PKR 444.3 million to PKR 435.9 million.
📉 Profit from operations decreased by 59.7% YoY, from PKR 1,731.6 million to PKR 697.2 million.
📉 Finance cost increased by 29.7% YoY, from PKR 5.4 million to PKR 7.0 million.
📉 Profit before levy and taxation decreased by 60.0% YoY, from PKR 1,726.2 million to PKR 690.2 million.
💸 Levy expenses decreased by 99.1% YoY, from PKR 55.8 million to PKR 0.5 million.
📉 Profit before taxation decreased by 58.7% YoY, from PKR 1,670.4 million to PKR 689.7 million.
📉 Taxation expenses increased significantly from PKR 18.4 million to PKR 105.4 million.
📉 Profit after taxation decreased by 64.6% YoY, from PKR 1,652.0 million to PKR 584.3 million.
📉 Earnings per share (EPS) decreased by 64.7% YoY, from PKR 4.67 to PKR 1.65.
🚫 No cash dividend, bonus shares, or right shares were declared.

🎯 Investment Thesis

Given the significant decline in revenue, profitability, and EPS, a SELL recommendation is warranted for Nishat Power Limited. The company’s financial performance indicates substantial challenges in its operational environment, and the lack of dividend declaration further diminishes its attractiveness to investors. The price target should be revised downwards to reflect the deteriorating financial outlook, with a short-term time horizon to account for potential further declines. More valuation is needed.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements NPL Signal: HOLD

⏸️ NPL: HOLD Signal (5/10) – Filling of Certified Copy of Resolutions Passed by the Shareholders in Compliance with the requirements of Regulation 5.6.9 of the Rule Book

⚡ Flash Summary

Nishat Power Limited (NPL) held its Annual General Meeting on October 27, 2025. Shareholders approved and adopted the annual audited financial statements for the year ended June 30, 2025. They ratified the interim cash dividends of Rs. 6 per share (60% of face value) already paid. Additionally, Riaz Ahmad & Co., Chartered Accountants, were re-appointed as external auditors for the year ending June 30, 2026, and the CEO was authorized to negotiate their remuneration.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ AGM held on October 27, 2025.
✅ Approved and adopted audited financial statements for the year ended June 30, 2025.
💰 Ratified interim cash dividends of Rs. 6 per share (60%).
💸 Rs. 6 dividend already paid to shareholders.
👨‍💼 Riaz Ahmad & Co. re-appointed as external auditors for the year ending June 30, 2026.
🤝 CEO authorized to negotiate auditor remuneration.
🏢 Meeting location: Emporium Mall, Lahore.
📜 Resolutions passed as per Regulation 5.6.9 of the Rule Book.
📑 Certified copy of resolutions submitted to Pakistan Stock Exchange.
🕒 Meeting started at 11:30 A.M.

🎯 Investment Thesis

HOLD: The announcement is procedural and does not warrant a change in investment recommendation. Continued monitoring of the company’s financials and operational performance is necessary.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements NPL Signal: SELL

📉 NPL: SELL Signal (8/10) – Financial Results for the 1st Quarter ended September 30, 2025

⚡ Flash Summary

Signal: SELL 📉

Strength: 8/10

Sentiment: NEGATIVE

Time Horizon: SHORT_TERM

📌 Key Takeaways

📉 Revenue from contracts with customers decreased by 38.8% YoY, from PKR 2,731.3 million to PKR 1,672.1 million.
💰 Cost of sales decreased by 3% YoY, from PKR 1,320.4 million to PKR 1,281.5 million.
📉 Gross profit decreased by 72.3% YoY, from PKR 1,410.9 million to PKR 390.6 million.
🏢 Administrative expenses increased by 4.7% YoY, from PKR 123.5 million to PKR 129.3 million.
⬆️ Other income decreased by 1.9% YoY, from PKR 444.3 million to PKR 435.9 million.
📉 Profit from operations decreased by 59.7% YoY, from PKR 1,731.6 million to PKR 697.2 million.
📉 Finance cost increased by 29.7% YoY, from PKR 5.4 million to PKR 7.0 million.
📉 Profit before levy and taxation decreased by 60.0% YoY, from PKR 1,726.2 million to PKR 690.2 million.
💸 Levy expenses decreased by 99.1% YoY, from PKR 55.8 million to PKR 0.5 million.
📉 Profit before taxation decreased by 58.7% YoY, from PKR 1,670.4 million to PKR 689.7 million.
📉 Taxation expenses increased significantly from PKR 18.4 million to PKR 105.4 million.
📉 Profit after taxation decreased by 64.6% YoY, from PKR 1,652.0 million to PKR 584.3 million.
📉 Earnings per share (EPS) decreased by 64.7% YoY, from PKR 4.67 to PKR 1.65.
🚫 No cash dividend, bonus shares, or right shares were declared.

🎯 Investment Thesis

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements NPL Signal: HOLD

⏸️ NPL: HOLD Signal (5/10) – Filling of Certified Copy of Resolutions Passed by the Shareholders in Compliance with the requirements of Regulation 5.6.9 of the Rule Book

⚡ Flash Summary

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

🗓️ AGM held on October 27, 2025.
✅ Approved and adopted audited financial statements for the year ended June 30, 2025.
💰 Ratified interim cash dividends of Rs. 6 per share (60%).
💸 Rs. 6 dividend already paid to shareholders.
👨‍💼 Riaz Ahmad & Co. re-appointed as external auditors for the year ending June 30, 2026.
🤝 CEO authorized to negotiate auditor remuneration.
🏢 Meeting location: Emporium Mall, Lahore.
📜 Resolutions passed as per Regulation 5.6.9 of the Rule Book.
📑 Certified copy of resolutions submitted to Pakistan Stock Exchange.
🕒 Meeting started at 11:30 A.M.

🎯 Investment Thesis

HOLD: The announcement is procedural and does not warrant a change in investment recommendation. Continued monitoring of the company’s financials and operational performance is necessary.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 7, 2025

announcements NPL Signal: HOLD

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

⚡ Flash Summary

NPL 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

NPL 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 NPL. 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 NPL Signal: HOLD

⏸️ NPL: HOLD Signal (5/10) – BOARD MEETING

⚡ Flash Summary

NPL announced: BOARD MEETING. Basic analysis suggests neutral sentiment. Professional review recommended.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

NPL 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 NPL. Manual verification required.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 20, 2025

announcements NPL Signal: HOLD

⏸️ NPL: HOLD Signal (5/10) – TRANSMISSION OF ANNUAL REPORT FOR THE YEAR ENDED JUNE 30, 2025

⚡ Flash Summary

Nishat Power Limited’s annual report for the year ended June 30, 2025, reveals a challenging year marked by a significant decline in turnover and a reported loss. The company’s turnover decreased by 69% due to lower capacity utilization and tariff reductions resulting from negotiations with the Power Purchaser and the Government of Pakistan. While other income increased due to full payment from the Power Purchaser, a one-time adjustment related to prior year earnings resulted in a loss per share of Rs. 2.11. Excluding this adjustment, EPS would have been Rs. 8.77, showcasing underlying operational strength.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEGATIVE

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📉 Turnover declined by 69% to Rs 7,058 million in 2025 vs Rs 22,505 million in 2024 due to lower capacity utilization.
😭 The Company reported a loss per share of Rs 2.11 due to a one-time adjustment.
💪 Excluding the non-recurring adjustment, earnings per share would have been Rs 8.77.
✅ The Power Purchaser settled past dues as of October 31, 2024, on March 27, 2025.
🧾 Receivables from the Power Purchaser stood at Rs 2,002 million on June 30, 2025, down from Rs 15,319 million in 2024.
⚠️ Overdue receivables were reduced to Rs 1,508 million, a decrease from Rs 9,984 million in 2024.
⚡️ The plant dispatched 87 GWh of electricity, a decrease from 454 GWh in 2024.
🏭 Average capacity factor was 5.07%, a decrease from 26.45% in 2024.
📑 The Company created an overhauling reserve of Rs 3,722 million from retained earnings.
☀️ Rapid solarization is steadily reducing reliance on the national grid.
EV The Board has approved a substantial investment in NexGen, an Electric Vehicle (EV) manufacturer.
🤝 The company agreed to waive delayed payment mark-up invoices and delayed payment mark-up accrued with respect to payments that have been made by the Power Purchaser upto 31 October 2024
📊 Investment were made to long term investment upto Rupees 2 billion and loan advance of Rupees 500 million to date.

🎯 Investment Thesis

Based on the analysis, a HOLD rating is appropriate for Nishat Power Limited. While the company has shown some promise with adjustments and agreements, the current financial standing is poor.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 6, 2025

announcements NPL Signal: HOLD

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

⚡ Flash Summary

Nishat Power Limited has announced its Annual General Meeting (AGM) to be held on October 27, 2025, in Lahore. The meeting will address the adoption of audited financial statements for the year ended June 30, 2025. Shareholders will also vote to ratify interim dividends of Rs. 6.00 per share (60%) already paid. The AGM will also cover the appointment of statutory auditors for the year 2025-26.

Signal: HOLD ⏸️

Strength: 5/10

Sentiment: NEUTRAL

Time Horizon: MEDIUM_TERM

📌 Key Takeaways

📅 Nishat Power’s AGM is scheduled for October 27, 2025, at 11:30 A.M. in Lahore.
🏢 The meeting will be held at Emporium Mall, The Nishat Hotel, Trade and Finance Centre Block.
✅ Shareholders will adopt audited financial statements for the year ended June 30, 2025.
💰 Interim dividends of Rs. 6.00 per share (60%) already paid will be ratified.
🧑‍⚖️ Statutory auditors for the year 2025-26 will be appointed.
⛔️ Share transfer books will be closed from October 20, 2025, to October 27, 2025.
✉️ Annual reports are transmitted electronically with a QR code and web link.
Hard copies of the annual report are available upon request, free of cost.
📧 Shareholders are requested to provide their valid email address to the Share Registrar.
🔗 Video link facility is available for the meeting; registration is required by October 20, 2025.
🏦 Unclaimed dividends or shares can be enquired about with the Share Registrar.
🔒 Conversion of physical shares into book entry form is strongly advised.
🆔 Submission of a copy of CNIC is mandatory for all shareholders.
🚫 No gifts will be distributed at the meeting.
🤝 Total investment approved in NexGen Auto is Rupees 2.5 billion (2 billion in equity and 500 million in loan/advance).

🎯 Investment Thesis

HOLD. The announcement provides procedural information about the AGM and dividend ratification, but does not significantly alter the investment thesis. Further financial data is needed to make a concrete recommendation. Price target dependent on detailed financial results.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: October 6, 2025