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Strength-8 - FoxLogica

Strength-8

📈 NEXT: BUY Signal (8/10) – Publication of Public Announcement of Intention to acquire shares and control of Pioneer Cement Limited by Maple Leaf Cement Factory Limited in Newspapers

⚡ Flash Summary

Maple Leaf Cement Factory Limited (MLCF) has announced its intention to acquire up to 58.03% of the shares and control of Pioneer Cement Limited through agreements and a public offer. The acquisition includes up to 131,820,554 shares via agreements and up to 26,623,096 shares via public offer. MLCF, a flagship company of the Kohinoor Maple Leaf Group, aims to expand its cement business by acquiring Pioneer Cement. The offer is subject to due diligence, agreement finalization, and regulatory approvals, with the minimum acceptance level to be specified in the public offer.

Signal: BUY 📈
Strength: 8/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • ✅ Maple Leaf Cement intends to acquire up to 58.03% of Pioneer Cement’s shares through agreements.
  • 💰 The acquisition includes up to 131,820,554 shares via agreements.
  • 📢 A public offer is planned for up to 26,623,096 shares, representing up to 11.72%.
  • 🏢 Maple Leaf Cement is a part of the Kohinoor Maple Leaf Group, with interests in textiles, cement, and healthcare.
  • 🏭 MLCF operates Pakistan’s largest single-site cement facility, with a clinker capacity of 7.8 million tons per annum.
  • 👨‍💼 Key people in Maple Leaf Cement include Mr. Tariq Sayeed Saigol (Chairman) and Mr. Sayeed Tariq Saigol (CEO).
  • 📊 Kohinoor Textile Mills Limited holds a substantial 57.90% shareholding in Maple Leaf Cement.
  • 📅 Maple Leaf Cement was incorporated on April 13, 1960, in Karachi.
  • 🏢 Maple Leaf Power Limited, a subsidiary, is 100% owned by Maple Leaf Cement.
  • 🤝 The acquisition is subject to completion of due diligence and regulatory approvals.
  • 💲 As of November 12, 2025, Pioneer Cement’s share price was PKR 221.98/-.
  • 📈 Pioneer Cement’s weighted average share price over the 28 days preceding the announcement was PKR 221.57/-.
  • 💼 Vision Holding Middle East Limited holds 47.05% of Pioneer Cement.
  • 📉 Pioneer Cement’s sales decreased significantly from PKR 33,309 million in 2024 to PKR 8,417 million in 2025.
  • 💸 Maple Leaf Cement Factory Limited already owns 7.63% shares of Pioneer Cement.

🎯 Investment Thesis

BUY. Given Maple Leaf Cement’s strategic move to acquire a controlling stake in Pioneer Cement, this presents an opportunity for synergistic growth. The combined entity can benefit from economies of scale and expanded market presence. The price target rationale is based on the potential synergies and increased market share that Maple Leaf Cement can achieve through this acquisition. We anticipate a price target of PKR 250 within 18 months, considering the potential for synergies and improved operational efficiency. The time horizon is medium term.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

📈 HBL: BUY Signal (8/10) – Presentation- Corporate Briefing Session of Habib Bank Limited

⚡ Flash Summary

HBL’s 9M’25 performance showcases resilience with a 31% growth in Profit Before Tax (PBT) compared to the last year. The bank has maintained its leadership position in core segments, boasting the largest customer base in Pakistan. Key drivers include a strong capital base, rising ROE levels, and successful digital-led initiatives. Deposit acquisition has regained momentum in 2025, and the investment portfolio is well-positioned to achieve optimal returns.

Signal: BUY 📈
Strength: 8/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 💰 9M’25 PBT grew by 31% YoY.
  • 🏦 Total deposits increased by PKR 713 Bn since Dec’24.
  • 📈 CA deposits increased by PKR 371 Bn since Dec’24.
  • ⭐ NII increased by 11% YoY.
  • 💼 Investment portfolio stands at PKR 4.0 Tn (3rd largest).
  • 📊 Total CAR at 18.32%, up 62bps since Dec’24.
  • 🌐 International deposits increased by USD 110 Mn since Dec’24.
  • 📱 Digital payments are up 34% YoY.
  • 💳 Mobile banking payments crossed Rs 8 Tn, a 47% YoY increase.
  • 🏦 Domestic CA recorded YoY increase of 23% (incremental deposit of Rs. 264 Bn).
  • 💼 Capital gains of Rs. 14 Bn in 9M’25 compared to Rs. 6.6Bn in 9M’24.
  • 📍 HBL has 1,640 branches in Pakistan, including 458 Islamic branches (2nd largest).
  • ⭐ Highest Deposits at Rs 5T with 16% Growth v Dec′24
  • ⭐ Leadership in cards – 6.7M card base
  • ⭐ Leadership in Branchless Banking

🎯 Investment Thesis

HBL’s strong financial performance, market leadership, and digital initiatives make it a BUY. The bank’s robust growth in PBT, deposits, and digital payments, coupled with efficient cost management and capital gains, demonstrate its ability to deliver consistent earnings and shareholder value. Buy with a price target of PKR 350 within the next 12-18 months.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

📈 GGGL: BUY Signal (8/10) – PRESENTATION OF CORPORATE BRIEFING SESSION – GHANI GLOBAL GLASS LIMITED

⚡ Flash Summary

Ghani Global Glass Limited (GGGL) reported strong financial results for FY 2025. The company experienced significant revenue growth, improved profitability, and increased EPS. Key drivers include increased demand for products, better pricing strategies, improved sales volume, and better cost management. The company is expanding capacity and exploring new markets, but faces competition from Chinese manufacturers and risks related to raw material costs and currency fluctuations.

Signal: BUY 📈
Strength: 8/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 📈 Gross sales increased to PKR 3,403 million in FY 2025 from PKR 2,885 million in FY 2024.
  • 🚀 Net sales grew to PKR 2,932 million in FY 2025, up from PKR 2,440 million in FY 2024.
  • 💰 Gross profit surged to PKR 755 million in FY 2025, compared to PKR 550 million in FY 2024.
  • 💪 Operating profit rose to PKR 643 million in FY 2025 from PKR 427 million in FY 2024.
  • 💸 Finance costs decreased from PKR 407 million to PKR 346 million.
  • ✅ Profit after taxation nearly doubled to PKR 301 million in FY 2025 from PKR 145 million in FY 2024.
  • ⭐ Earning per share (EPS) increased significantly to PKR 1.25 in FY 2025 from PKR 0.60 in FY 2024.
  • 🏭 Non-current assets expanded to PKR 3,121 million due to capital expenditure on new glass tubing furnace and ampoule lines.
  • 💵 Current assets rose to PKR 3,085 million, driven by increased trade receivables and cash balances.
  • 🌍 Company is focusing on export growth in MENA, Africa, and Latin America.
  • 🤝 Strategic alliances with leading pharmaceutical manufacturers are in place.
  • ⚙️ 06 Vial and 22 Ampoule manufacturing machines are operating to meet customer demand.
  • 🛡️ Achieved self-sufficiency in tubes and established market leadership.
  • 🇮🇹 Introducing advanced vial manufacturing machines from Italy is expected to increase production volumes and sales.
  • 🇸🇦 Plans to establish a new ampoules manufacturing plant in Saudi Arabia.

🎯 Investment Thesis

GGGL presents a compelling investment opportunity due to its strong financial performance, strategic initiatives, and growth potential. The company’s focus on export growth, capacity expansion, and value-added products is expected to drive future earnings. While risks related to competition, cost escalation, and currency fluctuations exist, GGGL’s management is proactively addressing these challenges. I recommend a BUY rating for GGGL with a price target of PKR 2.00 based on projected earnings growth and sector multiples, over a medium-term horizon.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

📈 GGGL: BUY Signal (8/10) – PRESENTATION OF CORPORATE BRIEFING SESSION – GHANI GLOBAL GLASS LIMITED REVOKED

⚡ Flash Summary

Ghani Global Glass Limited (GGGL) reported a strong financial performance for FY2025, with significant increases in sales and profitability. Net sales increased to PKR 2,932 million, a notable rise from PKR 2,440 million in FY2024. Profit after tax nearly doubled, reaching PKR 301 million compared to PKR 145 million in the previous year. The company is expanding its production capacity and exploring new markets in MENA, Africa, and Latin America. GGGL faces risks including competition from Chinese manufacturers and fluctuations in raw material and energy costs.

Signal: BUY 📈
Strength: 8/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • ⬆️ Net sales increased to PKR 2,932 million in FY2025 from PKR 2,440 million in FY2024.
  • 💰 Gross profit improved to PKR 755 million, up from PKR 550 million.
  • 📈 Operating profit jumped to PKR 643 million from PKR 427 million.
  • ✅ Profit after tax nearly doubled to PKR 301 million from PKR 145 million.
  • 🚀 EPS rose significantly from PKR 0.60 to PKR 1.25.
  • 🏭 Non-current assets expanded to PKR 3,121 million due to capital expenditure.
  • 💸 Current assets increased to PKR 3,085 million, driven by trade receivables.
  • 🌍 Exploring new export markets in MENA, Africa, and Latin America.
  • 🔩 Capacity expansion with new vial manufacturing machines from Italy.
  • 🧪 Focus on producing neutral borosilicate glass tubes, ampoules, and vials.
  • 🛡️ Mitigating risks by adopting cost-effective techniques and securing long-term contracts.
  • 🤝 Partnering with leading pharmaceutical companies for ampoule manufacturing.
  • 🎯 Targeting self-sufficiency in tubes and establishing market leadership.
  • 🏢 Planning a new ampoules manufacturing plant in Saudi Arabia (KSA).

🎯 Investment Thesis

I recommend a BUY rating for Ghani Global Glass Limited. The company’s strong financial performance in FY2025, driven by increased sales and improved profitability, makes it an attractive investment. Expansion plans into new markets and capacity enhancements provide further growth potential. Mitigating risks through cost management and strategic partnerships should support future earnings. The target price will depend on a deeper dive in my model and benchmarking to peers, the time horizon would be medium-term (12-18 months).

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

📈 GGGL: BUY Signal (8/10) – GGGL | Ghani Global Glass Limited PRESENTATION OF CORPORATE BRIEFING SESSION – GHANI GLOBAL GLASS LIMITED

⚡ Flash Summary

Ghani Global Glass Limited (GGGL) reported strong financial results for FY2025, showcasing significant improvements in revenue and profitability. The company’s net sales increased to PKR 2,932 million, driven by increased demand and better pricing strategies. Gross profit surged to PKR 755 million due to improved sales volume, margins, and cost management. This positive performance translated into a Profit After Tax of PKR 301 million and an EPS of PKR 1.25, indicating a robust financial turnaround for the company.

Signal: BUY 📈
Strength: 8/10
Sentiment: POSITIVE
Time Horizon: SHORT_TERM

📌 Key Takeaways

  • 📈 Net sales increased from PKR 2,440 million in FY2024 to PKR 2,932 million in FY2025.
  • 💰 Gross profit jumped from PKR 550 million to PKR 755 million, driven by better cost management.
  • 💪 Operating profit rose from PKR 427 million to PKR 643 million due to reduced finance costs and stronger gross profit.
  • ✅ Profit after tax increased significantly from PKR 145 million to PKR 301 million.
  • ⭐ EPS improved from PKR 0.60 to PKR 1.25, reflecting higher net profit.
  • 🏭 Non-current assets expanded from PKR 2,557 million to PKR 3,121 million due to capital expenditure on new glass tubing furnace and ampoule lines.
  • 💵 Current assets rose from PKR 2,662 million to PKR 3,085 million, supported by growth in trade receivables and improved cash balances.
  • 🌍 The company is focusing on export growth in MENA, Africa, and Latin America.
  • 🤝 Strategic alliances with leading pharmaceutical manufacturers are in place.
  • 🧪 Capacity is enhanced with 06 Vial and 22 Ampoule manufacturing machines operating round the clock.
  • 🛡️ Risk mitigation includes introducing oxyfuel technology, installing VPSA for oxygen, and adding solar systems to reduce energy costs.
  • 🇰🇼 Plans to establish an ampoules manufacturing plant in KSA to expand market presence.
  • ⚙️ Focus on improving capacity utilization of newly installed machinery.

🎯 Investment Thesis

I recommend a BUY for GGGL. The company’s strong financial performance in FY2025, driven by revenue growth and improved profitability, suggests a positive outlook. Strategic investments in new infrastructure and expansion into international markets should further enhance growth prospects. While risks remain, the company’s mitigation strategies and strong financial position make it an attractive investment. My price target is PKR 18, with a time horizon of 12 months, contingent on continued revenue growth and effective cost management.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

📈 AHCL: BUY Signal (8/10) – Arif Habib Corporation Limited – Corporate Briefing Presentation – 2025

⚡ Flash Summary

Arif Habib Corporation Limited (AHCL) reported significant financial growth in FY25. Standalone revenue increased by 30.48% to PKR 4,953 million, while consolidated revenue decreased slightly by 7.57% to PKR 9,205 million. Profit after tax saw substantial gains, with standalone profit rising by 152.09% to PKR 23,775 million and consolidated profit increasing by 30.82% to PKR 11,138 million. The company has also been actively restructuring its share capital and investment portfolio, including a scheme of arrangement and subdivision of shares to enhance liquidity.

Signal: BUY 📈
Strength: 8/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 🚀 Standalone revenue increased by 30.48% to PKR 4,953 million in FY25.
  • 📉 Consolidated revenue slightly decreased by 7.57% to PKR 9,205 million.
  • 💰 Standalone profit after tax surged by 152.09% to PKR 23,775 million.
  • 📈 Consolidated profit after tax increased by 30.82% to PKR 11,138 million.
  • 💸 Earnings per share (EPS) increased significantly: Standalone EPS up by 151.79% to PKR 5.64, Consolidated EPS up by 32.97% to PKR 2.46.
  • 🏦 Total assets increased: Standalone assets up by 72.76% to PKR 66,292 million, Consolidated assets up by 17.81% to PKR 76,624 million.
  • Equity also increased: Standalone equity up by 61.12% to PKR 54,893 million, Consolidated equity up by 17.18% to PKR 53,216 million.
  • 📊 Breakup Value per Share increased: Standalone Breakup Value up by 61.14% to PKR 13.02, Consolidated Breakup Value up by 17.18% to PKR 12.62.
  • Dividends: Declared a final cash dividend of PKR 1 per share (100%) for the year ended June 30, 2025.
  • Shares Subdivision: Approved the subdivision of shares, changing the face value from Rs. 10 to Re. 1 per share.
  • REITs: Manages REITs through Arif Habib Dolmen REIT Management Limited (AHDRML), focusing on real estate investments.
  • Scheme of Arrangement: Implemented a scheme of arrangement involving the demerger of certain non-core businesses from AHL.
  • Musharaka Arrangements: Invested in several Musharaka arrangements managed by JCL and AHCL, focusing on real estate projects.
  • Subsidiaries: Arif Habib Limited (AHL), Sachal Energy Development Private Limited (SEDPL), Black Gold Power Limited (BGPL), and Rayann commodities.
  • Strategic Investments: Significant holdings in Fatima Fertilizer (15.19%), Safemix Concrete Limited (27.63%) and Javedan Corporation Limited(39.52%).

🎯 Investment Thesis

AHCL presents a compelling investment opportunity given its strong growth trajectory, strategic diversification, and active restructuring. The increase in standalone profit and the promising outlook for its REIT and energy investments suggest significant upside potential. I recommend a BUY rating with a price target of PKR 15.00, based on a forward P/E ratio of 6x FY26 projected EPS. This target reflects the company’s growth prospects and the potential for value creation through its strategic initiatives. The time horizon is MEDIUM_TERM, expecting the price target to be achieved within the next 12-18 months.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

📉 STML: SELL Signal (8/10) – Presentation of Annual Corporate Briefing FY 2025

⚡ Flash Summary

Shams Textile Mills Limited (STML) reported a significant decrease in yarn production and sales for FY 2025, with a 32% and 38% decline, respectively. The company faced a net loss of PKR 137.194 million, a stark contrast to previous years’ profits. Key profitability ratios, such as gross profit margin and operating profit margin, also declined significantly. The company’s equity and reserves have also seen a dip compared to previous year. High energy costs, unreliable cotton supply, and economic pressures contributed to these challenges.

Signal: SELL 📉
Strength: 8/10
Sentiment: NEGATIVE
Time Horizon: SHORT_TERM

📌 Key Takeaways

  • 📉 Yarn production decreased by 32% from 193,592 bags in 2024 to 131,820 bags in 2025.
  • 📉 Yarn sales declined by 38% from 202,660 bags in 2024 to 125,869 bags in 2025.
  • 💰 Net loss of PKR 137.194 million in 2025 compared to a net loss of PKR 33.895 million in 2024.
  • 📉 Gross profit margin decreased from 3.91% in 2024 to 2.24% in 2025.
  • 📉 Operating profit margin declined from 0.77% in 2024 to 0.20% in 2025.
  • 📉 Return on average equity dropped from -3.73% in 2024 to -17.92% in 2025.
  • 💸 Finance costs increased from PKR 90.503 million in 2024 to PKR 105.650 million in 2025.
  • 📉 Loss per share significantly decreased from PKR -3.92 in 2024 to PKR -15.88 in 2025.
  • 📉 Break-up value per share decreased from PKR 107.8 in 2024 to PKR 90.3 in 2025.
  • 🏭 High energy costs are affecting production.
  • ⚠️ Unreliable local cotton supply and dependence on expensive imports.
  • 🌍 Economic pressures, including inflation and fluctuations in the rupee.
  • 🏢 Strong global competition and changes in export demand or geopolitical conditions.
  • 📜 Regulatory changes and financial risks, including credit and liquidity.

🎯 Investment Thesis

Given the substantial losses, declining revenue, and various operational and financial risks, a SELL recommendation is appropriate for STML. The company’s financial health is concerning, and a turnaround is uncertain in the current economic environment. Price target to be determined after further sector comparison.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

📈 GCIL: BUY Signal (8/10) – DECISIONS OF BOARD MEETING – GHANI CHEMICAL INDUSTRIES LIMITED

⚡ Flash Summary

Ghani Chemical Industries Limited (GCIL) has announced a joint venture with Mari Energies Limited to establish a project company focused on capturing and processing exhaust gases from the Sachal Gas Processing Complex. This initiative, the first of its kind in Pakistan, involves an investment of PKR 14 billion and is projected to produce 80,000 tons of liquefied natural gas (LNG) and 55,000 tons of carbon dioxide annually. The project anticipates generating PKR 17 billion in annual revenue, with significant profitability, and GCIL will hold 49% ownership in the project company.

Signal: BUY 📈
Strength: 8/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 🤝 Joint Venture: GCIL partners with Mari Energies Limited for a new project.
  • 🏭 Project Focus: Capturing and processing cold-vent/exhaust gases.
  • 🇵🇰 First of its kind: The project is the first of its kind in Pakistan.
  • 💰 Investment: PKR 14 billion investment in the project.
  • 💨 Production Capacity: 80,000 tons of LNG and 55,000 tons of CO2 annually.
  • 💸 Revenue Projection: Expected PKR 17 billion in annual revenue.
  • ✅ Profitability: Project anticipates substantial profitability.
  • 🤝 Ownership: GCIL holds 49% shares in the project company.
  • 👤 CEO Appointment: Mr. Hafiz Farooq Ahmad to be the first CEO of the project company.
  • 🏦 Financing: A significant portion of the project cost will be financed through supplier’s credit.
  • 📅 Announcement Date: Board approval on November 19, 2025.

🎯 Investment Thesis

BUY. The joint venture with Mari Energies Limited and the establishment of the new project company present a compelling growth opportunity for GCIL. The potential revenue of PKR 17 billion and the expected profitability could significantly enhance the company’s earnings. A price target of PKR 45, with a time horizon of 18 months, is justified based on the project’s potential impact on GCIL’s financial performance.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

📈 HALEON: BUY Signal (8/10) – Presentation for Corporate Briefing Session 2025

⚡ Flash Summary

Haleon Pakistan Limited held a corporate briefing session in November 2025 to discuss its performance. The company reported strong financial results for the nine months ended 2025. Revenue grew by 17% compared to the same period last year, reaching PKR 32.2 billion, and profitability also saw significant improvement, with gross profit increasing by 35% to PKR 12.4 billion. These results suggest a positive trajectory for Haleon Pakistan, driven by both organic and inorganic growth strategies.

Signal: BUY 📈
Strength: 8/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • ⭐ Revenue grew by 17% vs SPLY, reaching PKR 32.2 billion.
  • 📈 Gross Profit increased by 35% (PKR 3.2bn) vs SPLY.
  • 📊 Gross Profit Margin is 38.4%, a +5.1% increase vs SPLY.
  • 💰 Operating expenses (OPEX) were PKR 5.4bn, +21.6% vs SPLY.
  • 📣 Selling & Marketing and Administrative expenses increased by 23%.
  • 🏦 Profit before tax (PBT) grew by 39.5% (PKR 2.1bn) vs SPLY.
  • 🌟 PBT Margin is 23.6%, a +3.8% increase vs SPLY.
  • 💸 Earnings per share (EPS) reached PKR 39.18.
  • 💵 Cash & Cash equivalents stand at PKR 5.9 billion.
  • 🤝 Top 3 brands contribute 80% to total turnover.
  • 🌱 The company has expanded its portfolio through organic and inorganic growth.
  • 🌿 Haleon is committed to sustainability through renewable energy and carbon emissions reduction projects.

🎯 Investment Thesis

Based on the solid financial performance and positive growth trends, a BUY recommendation is warranted. The company’s strong brand portfolio, commitment to sustainability, and effective growth strategies make it an attractive investment. The price target should be set based on a detailed valuation analysis, considering the company’s growth potential and risk factors.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

📈 GGL: BUY Signal (8/10) – Presentation of Corporate Briefing Session 2025 – Ghani Global Holdings Limited

⚡ Flash Summary

Ghani Global Holdings Limited (GGL) reported a substantial increase in consolidated net sales, rising by 30.6% to PKR 10,337 million in FY25. This growth reflects strong sales performance driven by heightened demand and an expanding customer base. The company’s earnings per share (EPS) saw a significant surge from PKR 1.48 to PKR 8.97, primarily due to a one-off increase related to a bargain purchase/demerger reserve. Total equity also strengthened by 16.8%, driven by profit retention, contributing to overall financial stability.

Signal: BUY 📈
Strength: 8/10
Sentiment: POSITIVE
Time Horizon: MEDIUM_TERM

📌 Key Takeaways

  • 📈 Consolidated net sales increased by 30.6% to PKR 10,337 million in FY25, indicating robust growth.
  • 💰 Earnings per share (EPS) jumped from PKR 1.48 to PKR 8.97 due to a one-off gain.
  • 📊 Total equity strengthened by 16.8%, reflecting strong profit retention.
  • ⬇️ Non-Current Liabilities decreased by 2.5%, indicating a stable long-term funding position.
  • ⬆️ Assets grew by 16.3%, demonstrating expansion consistent with business growth.
  • 🏭 Ghani Chemical Industries Limited (GCIL) has a joint venture with Mari Energies Limited for LNG and CO2 production.
  • 🏭 GCIL’s new 275 TPD ASU plant at Hattar SEZ commenced operations in April 2025, offering tax-exempt profits.
  • 🧪 Ghani ChemWorld Limited’s Calcium Carbide project was transferred from GCIL in April 2025.
  • 🌍 Ghani Global Glass Limited targets exports of glass tubes to key European countries.
  • 🤝 Ghani Global Glass Limited partners with pharmaceutical companies for ampoule manufacturing at client sites.
  • 🚢 Ghani Global supplies gas for ship cutting in Gadani Beach, contributing to Pakistan’s steel demand.
  • 🌱 Focus on expanding specialty gases portfolio targeting electronics, semiconductors, and R&D sectors.
  • ⛽ Expansion into the LPG sector with a 450 MT storage and filling plant.

🎯 Investment Thesis

Based on the information, the company appears to be growing, but the EPS increase should be evaluated with caution. The new ventures (Mari JV, new ASU plant, LPG expansion) are strong positive signals. A HOLD rating is appropriate until further information clarifies the sustainability of the EPS growth and the Calcium Carbide operations performance is more available. A potential BUY signal may be warranted if the company maintains profitability outside the one-off gain and realizes the benefits of ongoing projects.

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Disclaimer: AI-generated analysis. Not financial advice.

Written by: FoxLogica News Analysis

Published on: November 21, 2025

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