Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
1,123.58
1,127.08
1,224.02
1,136.67
1,044.84
1,044.19
1,192.97
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
1,123.58
1,127.08
1,224.02
1,136.67
1,044.84
1,044.19
1,192.97
Raw Material Cost
502.83
501.14
566.91
542.05
488.61
495.13
565.12
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
255.93
256.49
264.68
229.15
220.31
236.72
230.33
Selling and Distribution Expenses
91.78
87.87
87.13
77.61
80.20
59.61
94.13
Other Expenses
-22.14
-14.19
-22.80
-21.19
-12.24
-21.90
-17.49
Total Expenditure (Excl Depreciation)
629.18
703.58
690.73
636.93
666.69
572.50
714.73
Operating Profit (PBDIT) excl Other Income
494.4
423.5
533.3
499.7
378.2
471.70000000000005
478.2
Other Income
-0.09
150.28
-0.71
-6.01
4.57
1.23
2.83
Operating Profit (PBDIT)
501.18
584.79
555.65
520.25
415.21
508.22
517.23
Interest
255.93
256.49
264.68
229.15
220.31
236.72
230.33
Exceptional Items
1.06
-18.11
-190.65
-130.33
221.68
-548.51
3.57
Gross Profit (PBDT)
613.89
614.93
634.03
568.11
523.74
513.77
591.70
Depreciation
6.86
11.01
23.08
26.51
32.50
35.30
36.15
Profit Before Tax
239.45
299.19
77.25
134.25
384.08
-312.31
254.32
Tax
61.51
58.84
23.35
23.21
151.48
-69.73
36.70
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
174.87
261.80
74.18
122.77
249.76
-98.92
186.94
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
174.87
261.80
74.18
122.77
249.76
-98.92
186.94
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
4.03
-22.16
-15.94
-10.52
6.86
-151.13
1.86
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
178.90
239.63
58.24
112.25
256.62
-250.05
188.80
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
4,385.45
4,292.42
3,887.55
3,865.25
3,632.18
3,372.35
3,548.91
Earnings per share (EPS)
16.34
24.23
6.8
11.08
22.5
-8.83
16.57
Diluted Earnings per share
16.34
24.23
6.8
11.08
22.5
-8.83
16.57
Operating Profit Margin (Excl OI)
44.0%
37.58%
43.57%
43.97%
36.19%
45.17%
40.09%
Gross Profit Margin
21.92%
27.52%
8.2%
14.14%
39.87%
-26.53%
24.35%
PAT Margin
15.56%
23.23%
6.06%
10.8%
23.9%
-9.47%
15.67%
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 -0.31% vs -7.92% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is -25.33% vs 311.68% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is 15.37% vs -21.91% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is -0.23% vs -3.10% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has improved from Dec 2024
Compare Annual Results Of Morguard Corp. With
Figures in Million
Consolidate Annual Results
Change(CAD)
Change(%)
Net Sales
1,123.58
276.29
847.29
306.67%
Other Operating Income
0.00
0.00
0.00
Total Operating income
1,123.58
276.29
847.29
306.67%
Raw Material Cost
502.83
92.91
409.92
441.20%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
0.00
37.82
-37.82
-100.00%
Power Cost
0
0
0.00
Manufacturing Expenses
255.93
65.33
190.60
291.75%
Selling and Distribution Expenses
91.78
18.87
72.91
386.38%
Other Expenses
-22.14
-10.25
-11.89
-116.00%
Total Expenditure (Excl Depreciation)
629.18
112.40
516.78
459.77%
Operating Profit (PBDIT) excl Other Income
494.40
163.89
330.51
201.67%
Other Income
-0.09
8.06
-8.15
-101.12%
Operating Profit (PBDIT)
501.18
172.58
328.60
190.40%
Interest
255.93
65.33
190.60
291.75%
Exceptional Items
1.06
234.44
-233.38
-99.55%
Gross Profit (PBDT)
613.89
182.76
431.13
235.90%
Depreciation
6.86
0.62
6.24
1,006.45%
Profit Before Tax
239.45
341.07
-101.62
-29.79%
Tax
61.51
54.06
7.45
13.78%
Provisions and contingencies
0
0
0.00
Profit After Tax
174.87
287.01
-112.14
-39.07%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
174.87
287.01
-112.14
-39.07%
Share in Profit of Associates
0
0
0.00
Minority Interest
4.03
0.00
4.03
Other related items
0.00
0.00
0.00
Consolidated Net Profit
178.90
287.01
-108.11
-37.67%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
4,385.45
1,802.25
2,583.20
143.33%
Earnings per share (EPS)
16.34
30.80
-14.46
-46.95%
Diluted Earnings per share
16.34
30.80
-14.46
-46.95%
Operating Profit Margin (Excl OI)
44.00%
59.32%
0.00
-15.32%
Gross Profit Margin
21.92%
123.67%
0.00
-101.75%
PAT Margin
15.56%
103.88%
0.00
-88.32%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 112.36 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -0.31% vs -7.92% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 17.89 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -25.33% vs 311.68% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 50.13 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 15.37% vs -21.91% in Dec 2024
Annual - Interest
Interest 25.59 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -0.23% vs -3.10% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 44.00%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has improved from Dec 2024






