Pakistan Synthetics Ltd. Annual Results: Standalone & Consolidated Reports

Annual Results

Results Snapshot

Figures in Million

Consolidate Annual Results

Jun'24

Jun'23

Jun'22

Jun'21

Jun'20

Jun'19

Jun'18

Net Sales

13,799.51

14,425.23

12,311.25

7,250.59

6,587.15

7,024.94

5,252.63

Other Operating Income

0.00

Total Operating income

13,799.51

14,425.23

12,311.25

7,250.59

6,587.15

7,024.94

5,252.63

Raw Material Cost

11,783.16

11,947.52

10,090.86

5,877.00

6,143.66

6,362.85

4,692.66

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

587.35

590.28

495.50

381.75

302.83

275.86

229.34

Power Cost

0.00

Manufacturing Expenses

772.38

343.07

235.66

188.42

381.69

327.93

204.67

Selling and Distribution Expenses

235.91

432.22

318.77

170.54

160.71

140.10

121.88

Other Expenses

-135.97

-93.33

-73.12

-57.02

-68.45

-60.38

-43.40

Total Expenditure (Excl Depreciation)

12,019.08

12,379.74

10,409.63

6,047.54

6,304.37

6,502.94

4,814.54

Operating Profit (PBDIT) excl Other Income

1780.3999999999999

2045.5

1901.6

1203

282.8

522

438.1

Other Income

-440.04

-303.49

-159.46

40.76

-5.54

-352.22

-162.43

Operating Profit (PBDIT)

1,761.89

2,131.16

2,052.03

1,503.65

522.08

408.00

465.89

Interest

772.38

343.07

235.66

188.42

381.69

327.93

204.67

Exceptional Items

5.14

1.12

6.14

4.14

0.02

0.00

12.46

Gross Profit (PBDT)

2,016.35

2,477.71

2,220.39

1,373.59

443.49

662.09

559.96

Depreciation

436.99

417.15

341.37

263.93

239.71

230.51

190.24

Profit Before Tax

557.66

1,372.06

1,481.15

1,055.44

-99.31

-150.44

83.44

Tax

209.90

574.38

494.93

307.07

-0.07

-26.27

-67.05

Provisions and contingencies

0.00

Profit After Tax

347.76

797.68

986.21

748.37

-99.24

-124.16

150.50

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

347.76

797.68

986.21

748.37

-99.24

-124.16

150.50

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

347.76

797.68

986.21

748.37

-99.24

-124.16

150.50

Equity Capital

0.00

Face Value

10.0

Reserves

4,260.52

3,910.56

3,114.73

2,344.88

1,602.25

1,196.01

1,335.67

Earnings per share (EPS)

2.51

5.75

7.11

5.4

-0.84

-1.23

1.16

Diluted Earnings per share

2.51

5.75

7.11

5.4

-0.84

-1.23

1.16

Operating Profit Margin (Excl OI)

12.79%

13.99%

15.19%

16.54%

4.37%

7.54%

8.34%

Gross Profit Margin

7.21%

12.4%

14.8%

18.2%

2.13%

1.14%

5.21%

PAT Margin

2.52%

5.53%

8.01%

10.32%

-1.51%

-1.77%

2.87%

Public Share Holdings (%)

0.0%

Pledged Promotor Holding (%)

0.0%

Annual Analysis Highlights

Net Sales

YoY Growth in year ended Jun 2024 is -4.34% vs 17.17% in Jun 2023

Consolidate Net Profit

YoY Growth in year ended Jun 2024 is -56.40% vs -19.11% in Jun 2023

Operating Profit (PBDIT) excl Other Income

YoY Growth in year ended Jun 2024 is -9.56% vs 10.09% in Jun 2023

Interest

YoY Growth in year ended Jun 2024 is 125.12% vs 45.57% in Jun 2023

Operating Profit Margin (Excl OI)

YoY Growth in year ended Jun 2024 has fallen from Jun 2023

Compare Annual Results Of Pakistan Synthetics Ltd. With

Select Peers

Figures in Million

Consolidate Annual Results

Change(PKR)

Change(%)

Net Sales

13,799.51

45,029.60

-31,230.09

-69.35%

Other Operating Income

0.00

Total Operating income

13,799.51

45,029.60

-31,230.09

-69.35%

Raw Material Cost

11,783.16

42,342.05

-30,558.89

-72.17%

Purchase of Finished goods

0.00

(Increase) / Decrease In Stocks

0.00

Employee Cost

587.35

2,770.68

-2,183.33

-78.80%

Power Cost

0.00

Manufacturing Expenses

772.38

1,412.92

-640.54

-45.33%

Selling and Distribution Expenses

235.91

1,848.14

-1,612.23

-87.24%

Other Expenses

-135.97

-418.36

282.39

67.50%

Total Expenditure (Excl Depreciation)

12,019.08

44,190.19

-32,171.11

-72.80%

Operating Profit (PBDIT) excl Other Income

1,780.44

839.41

941.03

112.11%

Other Income

-440.04

-68.18

-371.86

-545.41%

Operating Profit (PBDIT)

1,761.89

1,094.39

667.50

60.99%

Interest

772.38

1,412.92

-640.54

-45.33%

Exceptional Items

5.14

0.00

5.14

Gross Profit (PBDT)

2,016.35

2,687.55

-671.20

-24.97%

Depreciation

436.99

886.64

-449.65

-50.71%

Profit Before Tax

557.66

-1,205.16

1,762.82

146.27%

Tax

209.90

-136.84

346.74

253.39%

Provisions and contingencies

0.00

Profit After Tax

347.76

-1,383.77

1,731.53

125.13%

Extraordinary Items

0.00

Prior Period Expenses

0.00

Other Adjustments

0.00

Net Profit

347.76

-1,383.77

1,731.53

125.13%

Share in Profit of Associates

0.00

Minority Interest

0.00

Other related items

0.00

Consolidated Net Profit

347.76

-1,383.77

1,731.53

125.13%

Equity Capital

0.00

Face Value

10.00

0.00

Reserves

4,260.52

11,412.05

-7,151.53

-62.67%

Earnings per share (EPS)

2.51

-138.38

140.89

101.81%

Diluted Earnings per share

2.51

-138.38

140.89

101.81%

Operating Profit Margin (Excl OI)

12.79%

0.61%

0.00

12.18%

Gross Profit Margin

7.21%

-0.71%

0.00

7.92%

PAT Margin

2.52%

-3.07%

0.00

5.59%

Public Share Holdings (%)

0.00

0.00%

Pledged Promotor Holding (%)

0.00

0.00%

Annual - Net Sales

Net Sales 1,379.95 Million

in Jun 2024

Figures in Million

YoY Growth in year ended Jun 2024 is -4.34% vs 17.17% in Jun 2023

Annual - Consolidate Net Profit

Consolidate Net Profit 34.78 Million

in Jun 2024

Figures in Million

YoY Growth in year ended Jun 2024 is -56.40% vs -19.11% in Jun 2023

Annual - Operating Profit (PBDIT)

Operating Profit (PBDIT) 220.19 Million

in Jun 2024

Figures in Million

YoY Growth in year ended Jun 2024 is -9.56% vs 10.09% in Jun 2023

Annual - Interest

Interest 77.24 Million

in Jun 2024

Figures in Million

YoY Growth in year ended Jun 2024 is 125.12% vs 45.57% in Jun 2023

Annual - Operating Profit Margin (Excl OI)

Operating Profit Margin (Excl OI) 12.79%

in Jun 2024

Figures in %

YoY Growth in year ended Jun 2024 has fallen from Jun 2023