Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
82.94
111.57
35.29
6.68
10.06
23.61
36.59
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
82.94
111.57
35.29
6.68
10.06
23.61
36.59
Raw Material Cost
53.26
53.09
18.36
2.87
6.59
23.01
28.77
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
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Power Cost
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Manufacturing Expenses
8.56
11.06
4.64
0.15
0.15
2.69
2.14
Selling and Distribution Expenses
9.68
8.75
5.82
3.23
3.58
8.08
6.53
Other Expenses
-0.86
-1.11
-0.46
-0.02
-0.02
-0.27
-0.21
Total Expenditure (Excl Depreciation)
62.94
61.84
24.18
6.10
10.17
31.09
35.29
Operating Profit (PBDIT) excl Other Income
20
49.699999999999996
11.100000000000001
0.6
-0.1
-7.5
1.3
Other Income
7.88
2.50
0.16
2.41
-2.59
23.71
-3.33
Operating Profit (PBDIT)
53.21
79.07
19.18
3.53
-1.79
22.56
4.13
Interest
8.56
11.06
4.64
0.15
0.15
2.69
2.14
Exceptional Items
11.10
-4.62
42.82
0.12
0.06
-25.26
-6.39
Gross Profit (PBDT)
29.67
58.48
16.93
3.81
3.46
0.60
7.83
Depreciation
25.33
26.84
7.91
0.54
0.91
6.33
9.23
Profit Before Tax
30.41
36.54
49.46
2.96
-2.79
-11.72
-13.63
Tax
8.70
8.59
3.31
0.71
-0.47
-2.44
-2.62
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
21.71
27.95
46.14
2.25
-2.32
-9.28
-11.01
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
21.71
27.95
46.14
2.25
-2.32
-9.28
-11.01
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
0.00
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
21.71
27.95
46.14
2.25
-2.32
-9.28
-11.01
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
154.06
132.09
104.20
10.70
7.99
9.76
18.00
Earnings per share (EPS)
1.46
1.85
4.67
0.37
-0.39
-1.54
-1.84
Diluted Earnings per share
1.46
1.85
4.67
0.37
-0.39
-1.54
-1.84
Operating Profit Margin (Excl OI)
24.11%
44.57%
31.48%
8.68%
-1.15%
-31.67%
-4.85%
Gross Profit Margin
67.21%
56.81%
162.53%
52.39%
-18.67%
-22.84%
-12.03%
PAT Margin
26.17%
25.05%
130.75%
33.61%
-23.08%
-39.32%
-30.09%
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 -25.72% vs 216.15% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is -22.22% vs -39.48% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is -40.86% vs 303.16% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is -22.52% vs 141.30% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has fallen from Dec 2024
Compare Annual Results Of Highwood Asset Management Ltd. With
Figures in Million
Consolidate Annual Results
Change(CAD)
Change(%)
Net Sales
82.94
205.33
-122.39
-59.61%
Other Operating Income
0.00
0.00
0.00
Total Operating income
82.94
205.33
-122.39
-59.61%
Raw Material Cost
53.26
149.11
-95.85
-64.28%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
106.83
-106.83
-100.00%
Power Cost
0
0
0.00
Manufacturing Expenses
8.56
2.56
6.00
234.38%
Selling and Distribution Expenses
9.68
23.50
-13.82
-58.81%
Other Expenses
-0.86
-10.94
10.08
92.14%
Total Expenditure (Excl Depreciation)
62.94
172.61
-109.67
-63.54%
Operating Profit (PBDIT) excl Other Income
19.99
32.72
-12.73
-38.91%
Other Income
7.88
-0.05
7.93
15,860.00%
Operating Profit (PBDIT)
53.21
44.83
8.38
18.69%
Interest
8.56
2.56
6.00
234.38%
Exceptional Items
11.10
23.26
-12.16
-52.28%
Gross Profit (PBDT)
29.67
56.22
-26.55
-47.23%
Depreciation
25.33
12.16
13.17
108.31%
Profit Before Tax
30.41
53.37
-22.96
-43.02%
Tax
8.70
11.71
-3.01
-25.70%
Provisions and contingencies
0
0.00
0.00
Profit After Tax
21.71
41.66
-19.95
-47.89%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
21.71
41.66
-19.95
-47.89%
Share in Profit of Associates
0
0.00
0.00
Minority Interest
0.00
0.00
0.00
Other related items
0.00
0.00
0.00
Consolidated Net Profit
21.71
41.66
-19.95
-47.89%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
154.06
210.38
-56.32
-26.77%
Earnings per share (EPS)
1.46
0.08
1.38
1,725.00%
Diluted Earnings per share
1.46
0.08
1.38
1,725.00%
Operating Profit Margin (Excl OI)
24.11%
15.94%
0.00
8.17%
Gross Profit Margin
67.21%
31.92%
0.00
35.29%
PAT Margin
26.17%
20.29%
0.00
5.88%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 8.29 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -25.72% vs 216.15% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 2.17 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -22.22% vs -39.48% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 4.53 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -40.86% vs 303.16% in Dec 2024
Annual - Interest
Interest 0.86 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -22.52% vs 141.30% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 24.11%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has fallen from Dec 2024






