Results Snapshot
Figures in Million
Consolidate Annual Results
Dec'25
Dec'24
Dec'23
Dec'22
Dec'21
Dec'20
Dec'19
Net Sales
927.28
932.46
854.23
821.38
793.10
796.49
818.08
Other Operating Income
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Total Operating income
927.28
932.46
854.23
821.38
793.10
796.49
818.08
Raw Material Cost
347.49
370.46
319.69
305.44
294.96
321.39
301.51
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
28.40
26.07
24.56
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
167.87
163.88
155.26
141.56
138.20
154.26
151.65
Selling and Distribution Expenses
8.01
4.63
0.16
19.05
21.22
24.73
18.11
Other Expenses
-15.49
-15.70
-15.26
-22.20
-9.33
-16.80
0.37
Total Expenditure (Excl Depreciation)
396.89
408.09
347.05
244.02
361.11
332.35
474.94
Operating Profit (PBDIT) excl Other Income
530.4
524.4
507.2
577.4
432
464.09999999999997
343.1
Other Income
-20.19
-19.34
-8.43
-5.58
-6.28
-4.52
-4.76
Operating Profit (PBDIT)
517.77
512.39
511.73
582.57
436.42
463.58
492.38
Interest
167.87
163.88
155.26
141.56
138.20
154.26
151.65
Exceptional Items
-39.29
-69.67
91.45
201.54
488.74
-277.40
29.19
Gross Profit (PBDT)
572.21
554.64
521.55
505.17
487.44
471.15
514.22
Depreciation
7.58
7.36
12.99
10.77
10.71
3.95
2.35
Profit Before Tax
303.04
271.48
434.93
631.77
776.26
27.97
367.56
Tax
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Provisions and contingencies
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Profit After Tax
251.81
236.75
413.70
516.05
827.98
75.29
314.05
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
251.81
236.75
413.70
516.05
827.98
75.29
314.05
Share in Profit of Associates
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Minority Interest
58.94
55.31
96.40
119.92
159.70
14.65
60.16
Other related items
0.00
0.00
0.00
0.00
0.00
0.00
0.00
Consolidated Net Profit
310.75
292.07
510.10
635.97
987.68
89.94
374.20
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
5,227.50
5,242.83
5,272.33
5,126.20
4,877.96
4,317.36
4,492.68
Earnings per share (EPS)
1.38
1.31
2.3
2.87
4.77
0.44
1.84
Diluted Earnings per share
1.38
1.31
2.3
2.87
4.77
0.44
1.84
Operating Profit Margin (Excl OI)
57.2%
56.24%
59.37%
70.29%
54.47%
58.27%
41.94%
Gross Profit Margin
33.5%
29.9%
52.44%
78.23%
99.23%
4.01%
45.22%
PAT Margin
27.16%
25.39%
48.43%
62.83%
104.4%
9.45%
38.39%
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 -0.56% vs 9.17% in Dec 2024
Consolidate Net Profit
YoY Growth in year ended Dec 2025 is 6.40% vs -42.74% in Dec 2024
Operating Profit (PBDIT) excl Other Income
YoY Growth in year ended Dec 2025 is 1.18% vs 2.21% in Dec 2024
Interest
YoY Growth in year ended Dec 2025 is 2.44% vs 5.54% in Dec 2024
Operating Profit Margin (Excl OI)
YoY Growth in year ended Dec 2025 has improved from Dec 2024
Compare Annual Results Of SmartCentres Real Estate Investment Trust With
Figures in Million
Consolidate Annual Results
Change(CAD)
Change(%)
Net Sales
927.28
507.95
419.33
82.55%
Other Operating Income
0.00
0.00
0.00
Total Operating income
927.28
507.95
419.33
82.55%
Raw Material Cost
347.49
129.13
218.36
169.10%
Purchase of Finished goods
0
0
0.00
(Increase) / Decrease In Stocks
0
0
0.00
Employee Cost
28.40
0.00
28.40
Power Cost
0
0
0.00
Manufacturing Expenses
167.87
84.94
82.93
97.63%
Selling and Distribution Expenses
8.01
17.42
-9.41
-54.02%
Other Expenses
-15.49
-6.26
-9.23
-147.44%
Total Expenditure (Excl Depreciation)
396.89
168.89
228.00
135.00%
Operating Profit (PBDIT) excl Other Income
530.38
339.06
191.32
56.43%
Other Income
-20.19
-53.10
32.91
61.98%
Operating Profit (PBDIT)
517.77
291.10
226.67
77.87%
Interest
167.87
84.94
82.93
97.63%
Exceptional Items
-39.29
-49.87
10.58
21.22%
Gross Profit (PBDT)
572.21
373.68
198.53
53.13%
Depreciation
7.58
5.14
2.44
47.47%
Profit Before Tax
303.04
151.15
151.89
100.49%
Tax
0.00
-1.88
1.88
100.00%
Provisions and contingencies
0
0
0.00
Profit After Tax
251.81
170.07
81.74
48.06%
Extraordinary Items
0.00
0.00
0.00
Prior Period Expenses
0
0
0.00
Other Adjustments
0
0
0.00
Net Profit
251.81
170.07
81.74
48.06%
Share in Profit of Associates
0
0
0.00
Minority Interest
58.94
0.00
58.94
Other related items
0.00
0.00
0.00
Consolidated Net Profit
310.75
170.07
140.68
82.72%
Equity Capital
0
0
0.00
Face Value
0.00
0.00
0.00
Reserves
5,227.50
4,791.57
435.93
9.10%
Earnings per share (EPS)
1.38
0.58
0.80
137.93%
Diluted Earnings per share
1.38
0.58
0.80
137.93%
Operating Profit Margin (Excl OI)
57.20%
66.75%
0.00
-9.55%
Gross Profit Margin
33.50%
30.77%
0.00
2.73%
PAT Margin
27.16%
33.48%
0.00
-6.32%
Public Share Holdings (%)
0%
0%
0.00
0.00%
Pledged Promotor Holding (%)
0%
0%
0.00
0.00%
Annual - Net Sales
Net Sales 92.73 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is -0.56% vs 9.17% in Dec 2024
Annual - Consolidate Net Profit
Consolidate Net Profit 31.08 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 6.40% vs -42.74% in Dec 2024
Annual - Operating Profit (PBDIT)
Operating Profit (PBDIT) 53.80 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 1.18% vs 2.21% in Dec 2024
Annual - Interest
Interest 16.79 Million
in Dec 2025Figures in Million
YoY Growth in year ended Dec 2025 is 2.44% vs 5.54% in Dec 2024
Annual - Operating Profit Margin (Excl OI)
Operating Profit Margin (Excl OI) 57.20%
in Dec 2025Figures in %
YoY Growth in year ended Dec 2025 has improved from Dec 2024






