OTSU

⚡ Flash Summary

Otsuka Pakistan Limited’s financial results for the quarter ended September 30, 2025, reveal a mixed performance. Revenue increased significantly compared to the same quarter last year, but the company still experienced a net profit. Key expenses like selling and distribution also rose. The balance sheet shows a healthy current ratio, while cash flow from operations remained positive.

📌 Key Takeaways

• 🚀 Revenue increased to PKR 1,076.104 million, a 32.7% increase from PKR 810.914 million in Q3 2024.
• 📉 Cost of sales increased to PKR 736.731 million from PKR 671.762 million in Q3 2024.
• 💰 Gross profit increased substantially to PKR 339.373 million from PKR 139.152 million in Q3 2024.
• 📊 Selling and distribution expenses increased to PKR 158.141 million from PKR 101.855 million in Q3 2024.
• 🏢 Administrative and general expenses rose to PKR 45.743 million from PKR 41.550 million in Q3 2024.
• ✨ Other income increased significantly to PKR 135.489 million, compared to a loss of PKR 4.253 million in Q3 2024.
• ➖ Other expenses decreased to PKR 19.658 million from PKR 127.319 million in Q3 2024.
• 💼 Operating profit improved significantly to PKR 179.864 million from a loss of PKR 103.691 million in Q3 2024.
• 💸 Finance costs increased to PKR 2.533 million from PKR 1.497 million in Q3 2024.
• ✅ Profit before tax was PKR 177.212 million compared to a loss of PKR 115.645 million in Q3 2024.
• 🧾 Income tax expense was PKR 57.134 million versus PKR 4.040 million in Q3 2024.
• ⭐ Profit after tax was PKR 120.078 million compared to a loss of PKR 119.685 million in Q3 2024.
• 💲 Earnings per share was PKR 9.92, compared to a loss per share of PKR 9.89 in Q3 2024.
• 🏦 Total assets increased to PKR 2,640.255 million from PKR 2,548.485 million as of June 30, 2025.
• 💹 Revenue reserves increased to PKR 694.857 million from PKR 574.779 million as of June 30, 2025.

🎯 Investment Thesis

HOLD. Otsuka Pakistan has shown strong revenue growth and a return to profitability, indicating positive momentum. However, it’s essential to monitor expense management and the sustainability of other income. A ‘Hold’ recommendation is appropriate until we see more consistent performance and stability.

⚡ Flash Summary

Otsuka Pakistan Limited’s financial results for the quarter ended September 30, 2025, reveal a mixed performance. Revenue increased significantly compared to the same quarter last year, but the company still experienced a net profit. Key expenses like selling and distribution also rose. The balance sheet shows a healthy current ratio, while cash flow from operations remained positive.

📌 Key Takeaways

• 🚀 Revenue increased to PKR 1,076.104 million, a 32.7% increase from PKR 810.914 million in Q3 2024.
• 📉 Cost of sales increased to PKR 736.731 million from PKR 671.762 million in Q3 2024.
• 💰 Gross profit increased substantially to PKR 339.373 million from PKR 139.152 million in Q3 2024.
• 📊 Selling and distribution expenses increased to PKR 158.141 million from PKR 101.855 million in Q3 2024.
• 🏢 Administrative and general expenses rose to PKR 45.743 million from PKR 41.550 million in Q3 2024.
• ✨ Other income increased significantly to PKR 135.489 million, compared to a loss of PKR 4.253 million in Q3 2024.
• ➖ Other expenses decreased to PKR 19.658 million from PKR 127.319 million in Q3 2024.
• 💼 Operating profit improved significantly to PKR 179.864 million from a loss of PKR 103.691 million in Q3 2024.
• 💸 Finance costs increased to PKR 2.533 million from PKR 1.497 million in Q3 2024.
• ✅ Profit before tax was PKR 177.212 million compared to a loss of PKR 115.645 million in Q3 2024.
• 🧾 Income tax expense was PKR 57.134 million versus PKR 4.040 million in Q3 2024.
• ⭐ Profit after tax was PKR 120.078 million compared to a loss of PKR 119.685 million in Q3 2024.
• 💲 Earnings per share was PKR 9.92, compared to a loss per share of PKR 9.89 in Q3 2024.
• 🏦 Total assets increased to PKR 2,640.255 million from PKR 2,548.485 million as of June 30, 2025.
• 💹 Revenue reserves increased to PKR 694.857 million from PKR 574.779 million as of June 30, 2025.

🎯 Investment Thesis

HOLD. Otsuka Pakistan has shown strong revenue growth and a return to profitability, indicating positive momentum. However, it’s essential to monitor expense management and the sustainability of other income. A ‘Hold’ recommendation is appropriate until we see more consistent performance and stability.

⚡ Flash Summary

The 37th Annual General Meeting (AGM) of Otsuka Pakistan Limited was held on October 28, 2025, in Karachi. During the meeting, the audited accounts for the year ended June 30, 2025, were approved along with the Directors’ and Independent Auditors’ reports. M/s. Yousuf Adil, Chartered Accountants, were appointed as statutory auditors for the company until the next AGM. The total fee for the annual audit, half-yearly review, and review report on Code of Corporate Governance is set at Rs. 2,592,700/-.

📌 Key Takeaways

• ✅ Audited accounts for the year ended June 30, 2025, were approved.
• ✅ Directors’ and Independent Auditors’ reports were adopted.
• 👨‍💼 M/s. Yousuf Adil, Chartered Accountants, reappointed as statutory auditors.
• 🗓️ Auditors to hold office until the next Annual General Meeting.
• 💰 Total fee for auditors set at Rs. 2,592,700/-.
• 🧾 Fee covers annual audit, half-yearly review, and review report on Code of Corporate Governance.
• 🏢 The 37th AGM was held in Karachi on October 28, 2025.
• 📄 No other business items were discussed.
• ✔️ Resolutions were duly passed by the members.
• 📑 Full AGM minutes will be provided in due course.
• 🇵🇰 Otsuka Pakistan Limited’s head office is located in Karachi.
• 🏭 Factory located in Hub Industrial Trading Estate, Balochistan.

🎯 Investment Thesis

Based on the limited information available in this announcement, a HOLD recommendation is appropriate. The AGM resolutions cover routine operational and compliance matters but provide no insight into the company’s financial performance or strategic direction. Further analysis of the audited financial statements and industry outlook is needed before making a BUY or SELL decision. A price target cannot be determined without financial data. Time horizon is indefinite pending further information.

⚡ Flash Summary

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

📌 Key Takeaways

• OTSU 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 OTSU. Manual verification required.

⚡ Flash Summary

OTSU announced: Corporate Briefing Session 2025. Basic analysis suggests neutral sentiment. Professional review recommended.

📌 Key Takeaways

• OTSU made announcement: Corporate Briefing Session 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 OTSU. Manual verification required.

⚡ Flash Summary

Otsuka Pakistan Ltd. has announced a Board of Directors meeting scheduled for October 28, 2025, to consider and approve the quarterly accounts for the period ended September 30, 2025. The meeting will take place in Karachi at 09:15 a.m. From October 22 to October 28, 2025, will be considered a ‘Closed Period’ for the company. The announcement was made on October 13, 2025, and disseminated to the Pakistan Stock Exchange Limited.

📌 Key Takeaways

• 🗓️ Board of Directors meeting announced for October 28, 2025.
• 🏢 Meeting will be held in Karachi.
• ⏰ Meeting scheduled for 09:15 a.m.
• 🧾 Quarterly accounts for the period ended September 30, 2025, will be reviewed.
• 🔒 ‘Closed Period’ observed from October 22 to October 28, 2025.
• 📢 Announcement made on October 13, 2025.
• 🇵🇰 Disseminated to Pakistan Stock Exchange Limited.
• 💼 Agenda includes considering and approving quarterly accounts.
• 📜 ‘Other usual matters’ also on the agenda.

🎯 Investment Thesis

Given the lack of specific financial information, a HOLD recommendation is appropriate. The company’s financials need to be reviewed once available to make a more informed decision. Price target will depend on financials.