Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
1,756.61
768.01
774.45
812.64
732.33
488.07
482.92
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,756.61
768.01
774.45
812.64
732.33
488.07
482.92
Raw Material Cost
1,145.17
657.31
753.11
800.90
611.32
339.28
400.37
Purchase of Finished goods
0.00
0.00
0.00
0.00
0.00
0.00
0.00
(Increase) / Decrease In Stocks
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Employee Cost
425.03
278.12
347.81
358.50
294.26
183.55
198.22
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
20.68
21.15
20.58
16.85
21.56
16.19
15.96
Selling and Distribution Expenses
122.49
103.11
97.81
78.93
62.36
70.84
54.49
Other Expenses
-44.57
-29.93
-36.84
-37.53
-31.58
-19.97
-21.42
Total Expenditure (Excl Depreciation)
1,267.66
760.42
850.92
879.83
673.67
410.12
454.86
Operating Profit (PBDIT) excl Other Income
489
7.6
-76.5
-67.2
58.7
77.9
28.1
Other Income
50.65
-22.84
17.09
6.17
-1.05
-12.43
11.78
Operating Profit (PBDIT)
925.10
169.83
122.15
125.81
209.94
144.17
132.23
Interest
20.68
21.15
20.58
16.85
21.56
16.19
15.96
Exceptional Items
33.04
0.16
-184.47
-2.07
-4.38
-9.45
-75.66
Gross Profit (PBDT)
611.44
110.69
21.34
11.74
121.01
148.79
82.55
Depreciation
385.50
185.08
181.53
186.83
152.34
78.66
92.39
Profit Before Tax
551.97
-36.24
-264.42
-79.94
31.66
39.88
-51.78
Tax
257.17
103.34
-82.07
68.83
37.83
8.91
1.92
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
230.45
-139.58
-182.36
-148.77
-6.17
30.97
-53.70
Extraordinary Items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Prior Period Expenses
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Other Adjustments
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Net Profit
230.45
-139.58
-182.36
-148.77
-6.17
30.97
-53.70
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
64.35
0.00
0.00
0.00
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
294.79
-139.58
-182.36
-148.77
-6.17
30.97
-53.70
Equity Capital
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Face Value
0.0
0.0
0.0
0.0
0.0
0.0
0.0
Reserves
3,784.65
1,943.11
1,790.82
1,912.24
1,782.27
1,083.20
858.86
Earnings per share (EPS)
0.48
-0.47
-0.65
-0.57
-0.03
0.14
-0.27
Diluted Earnings per share
0.48
-0.47
-0.65
-0.57
-0.03
0.14
-0.27
Operating Profit Margin (Excl OI)
27.84%
0.99%
-9.87%
-8.27%
8.01%
15.97%
5.81%
Gross Profit Margin
53.37%
19.38%
-10.7%
13.15%
25.13%
24.29%
8.41%
PAT Margin
13.12%
-18.17%
-23.55%
-18.31%
-0.84%
6.34%
-11.12%
Public Share Holdings (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Pledged Promotor Holding (%)
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
0.0%
Annual Analysis Highlights
Net Sales
YoY Growth in year ended Dec 2025 is 128.72% vs -0.84% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is 311.17% vs 23.46% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is 353.81% vs 83.35% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is -1.90% vs 2.43% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has improved from Dec 2024
Compare Annual Results Of First Majestic Silver Corp. With
Figures in Million
Consolidate Annual Results
Change(CAD)
Change(%)
Net Sales
1,756.61
2,541.47
-784.86
-30.88%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,756.61
2,541.47
-784.86
-30.88%
Raw Material Cost
1,145.17
1,400.99
-255.82
-18.26%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
425.03
0.00
425.03
Power Cost
0
0
0.00
Manufacturing Expenses
20.68
38.67
-17.99
-46.52%
Selling and Distribution Expenses
122.49
86.53
35.96
41.56%
Other Expenses
-44.57
-3.87
-40.70
-1,051.68%
Total Expenditure (Excl Depreciation)
1,267.66
1,487.52
-219.86
-14.78%
Operating Profit (PBDIT) excl Other Income
488.95
1,053.95
-565.00
-53.61%
Other Income
50.65
-191.79
242.44
126.41%
Operating Profit (PBDIT)
925.10
1,234.43
-309.33
-25.06%
Interest
20.68
38.67
-17.99
-46.52%
Exceptional Items
33.04
-62.93
95.97
152.50%
Gross Profit (PBDT)
611.44
1,140.48
-529.04
-46.39%
Depreciation
385.50
372.27
13.23
3.55%
Profit Before Tax
551.97
760.57
-208.60
-27.43%
Tax
257.17
30.84
226.33
733.88%
Provisions and contingencies
0
0
0.00
Profit After Tax
230.45
726.39
-495.94
-68.27%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
230.45
726.39
-495.94
-68.27%
Share in Profit of Associates
0
0
0.00
Minority Interest
64.35
3.35
61.00
1,820.90%
Other related items
0.00
0.00
0.00
Consolidated Net Profit
294.79
729.73
-434.94
-59.60%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
3,784.65
5,865.84
-2,081.19
-35.48%
Earnings per share (EPS)
0.48
3.45
-2.97
-86.09%
Diluted Earnings per share
0.48
3.45
-2.97
-86.09%
Operating Profit Margin (Excl OI)
27.84%
41.47%
0.00
-13.63%
Gross Profit Margin
53.37%
44.57%
0.00
8.80%
PAT Margin
13.12%
28.58%
0.00
-15.46%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 175.66 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 128.72% vs -0.84% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 29.48 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 311.17% vs 23.46% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 87.45 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 353.81% vs 83.35% in Dec 2024
Annual - Interest
Interest 2.07 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -1.90% vs 2.43% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 27.84%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has improved from Dec 2024






