ADAMS Adam Sugar Mills Limited
Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 67.20 0.00%
Quarterly · Q4 FY2021 – Q3 FY2026
Adam Sugar Mills Limited (ADAMS) quarterly income statement
Adam Sugar Mills Limited reported revenue of Rs 2.4 bn for Q3 FY2026 (Apr – Jun 2026), down 11.0% on Q3 FY2025. Gross profit came to Rs 25.2 mn, a gross margin of 1.1%. Operating profit was -Rs 23.5 mn (an operating margin of -1.0%). Finance cost was Rs 125.8 mn, up 19.8% on Q3 FY2025. The loss attributable to shareholders was Rs 166.3 mn, or Rs -9.62 per share.
| Rs bn | TTM to Jun 2026 | Q3 FY2026 Apr – Jun 2026 | Q2 FY2026 Jan – Mar 2026 | Q1 FY2026 Oct – Dec 2025 | Q4 FY2025 Jul – Sep 2025 | Q3 FY2025 Apr – Jun 2025 | Q2 FY2025 Jan – Mar 2025 | Q1 FY2025 Oct – Dec 2024 | Q4 FY2024 Jul – Sep 2024 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 10.1 | 2.4 | 3.4 | 1.7 | 2.7 | 2.7 | 1.6 | 3.9 | 0.8 | ||||||||||||
| Cost of revenue | (9.6) | (2.4) | (3.2) | (1.5) | (2.5) | (2.4) | (1.5) | (3.7) | (0.9) | ||||||||||||
| Gross profit | 0.6 | 0.0 | 0.2 | 0.2 | 0.2 | 0.3 | 0.1 | 0.2 | (0.1) | ||||||||||||
| Selling, general & administrative expenses | (0.3) | (0.0) | (0.1) | (0.1) | (0.1) | (0.0) | (0.1) | (0.1) | (0.1) | ||||||||||||
| Operating profit | 0.3 | (0.0) | 0.1 | 0.1 | 0.1 | 0.2 | 0.0 | 0.1 | (0.2) | ||||||||||||
| Finance cost | (0.3) | (0.1) | (0.1) | (0.0) | (0.1) | (0.1) | (0.1) | (0.0) | (0.1) | ||||||||||||
| Profit before tax | (0.1) | (0.2) | (0.0) | 0.1 | 0.0 | 0.1 | (0.1) | 0.0 | (0.4) | ||||||||||||
| Taxation | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | 0.1 | (0.0) | 0.1 | ||||||||||||
| Profit after tax | (0.1) | (0.2) | 0.0 | 0.0 | (0.0) | 0.1 | (0.0) | (0.0) | (0.3) | ||||||||||||
| Profit attributable to shareholders | (0.1) | (0.2) | 0.0 | 0.0 | (0.0) | 0.1 | (0.0) | (0.0) | (0.3) | ||||||||||||
| Per share & other | |||||||||||||||||||||
| EPS – basic (Rs) Rs | (5.93) | (9.62) | 1.23 | 2.85 | (0.39) | 5.60 | (1.90) | (0.64) | (14.92) | ||||||||||||
| EPS – diluted (Rs) Rs | (5.93) | (9.62) | 1.23 | 2.85 | (0.39) | 5.60 | (1.90) | (0.64) | (14.92) | ||||||||||||
| Dividend per share (Rs) Rs | 4.00 | 0.00 | 0.00 | 0.00 | 4.00 | 0.00 | 0.00 | 0.00 | 1.50 | ||||||||||||
| EBITDA | 0.6 | 0.1 | 0.2 | 0.2 | 0.2 | 0.4 | 0.1 | 0.1 | (0.1) | ||||||||||||
| Depreciation & amortisation | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | ||||||||||||
| Weighted average shares mn | 17.3 | 17.3 | 17.3 | 17.3 | 17.4 | 17.3 | 17.3 | 17.2 | 17.3 | ||||||||||||
| Rs mn | Q3 FY2026 Apr – Jun 2026 | Q2 FY2026 Jan – Mar 2026 | Q1 FY2026 Oct – Dec 2025 | Q4 FY2025 Jul – Sep 2025 | Q3 FY2025 Apr – Jun 2025 | Q2 FY2025 Jan – Mar 2025 | Q1 FY2025 Oct – Dec 2024 | Q4 FY2024 Jul – Sep 2024 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | -11.0% | +110.8% | -56.4% | +232.5% | -35.2% | +24.8% | +115.4% | -67.8% | ||||||||||||
| Cost of revenue | -1.1% | +108.4% | -58.8% | +164.9% | -39.5% | +67.0% | +184.4% | -58.0% | ||||||||||||
| Gross profit | -91.5% | +152.1% | -4.0% | — | +53.9% | -76.6% | -65.5% | -161.1% | ||||||||||||
| Selling, general & administrative expenses | -2.0% | +34.6% | -30.8% | +16.6% | -6.3% | +3.0% | +92.3% | +8.1% | ||||||||||||
| Operating profit | -109.5% | +335.7% | +29.0% | — | +76.8% | -89.7% | -82.8% | -204.5% | ||||||||||||
| Finance cost | +19.8% | +40.5% | -32.1% | -57.3% | -47.8% | -52.4% | -4.8% | +123.4% | ||||||||||||
| Profit before tax | -221.3% | — | +100.6% | — | — | -222.8% | -90.7% | -479.5% | ||||||||||||
| Taxation | -75.6% | — | -53.6% | — | +22.7% | — | -68.0% | -200.7% | ||||||||||||
| Profit after tax | -271.8% | — | — | — | — | -130.5% | -104.7% | — | ||||||||||||
| Profit attributable to shareholders | -271.8% | — | — | — | — | -130.5% | -104.7% | — | ||||||||||||
| Per share & other | ||||||||||||||||||||
| EPS – basic (Rs) | -271.8% | — | — | — | — | -130.5% | -104.7% | — | ||||||||||||
| EPS – diluted (Rs) | -271.8% | — | — | — | — | -130.5% | -104.7% | — | ||||||||||||
| Dividend per share (Rs) | — | — | — | +166.7% | — | — | — | -57.1% | ||||||||||||
| EBITDA | -86.0% | +105.2% | +16.3% | — | +84.3% | -73.7% | -71.7% | -147.3% | ||||||||||||
| Depreciation & amortisation | -44.2% | -4.8% | +2.2% | -3.4% | +99.2% | +0.4% | -0.4% | -2.8% | ||||||||||||
| Weighted average shares | — | — | — | — | — | — | — | — | ||||||||||||
Change against the same quarter a year earlier; shown when the earlier figure is positive.
| Rs mn | Q3 FY2026 Apr – Jun 2026 | Q2 FY2026 Jan – Mar 2026 | Q1 FY2026 Oct – Dec 2025 | Q4 FY2025 Jul – Sep 2025 | Q3 FY2025 Apr – Jun 2025 | Q2 FY2025 Jan – Mar 2025 | Q1 FY2025 Oct – Dec 2024 | Q4 FY2024 Jul – Sep 2024 | ||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | ||||||||||||
| Cost of revenue | (98.9%) | (93.4%) | (90.3%) | (94.1%) | (89.0%) | (94.5%) | (95.6%) | (118.1%) | ||||||||||||
| Gross profit | 1.1% | 6.6% | 9.7% | 5.9% | 11.0% | 5.5% | 4.4% | (18.1%) | ||||||||||||
| Selling, general & administrative expenses | (2.0%) | (2.3%) | (3.9%) | (2.3%) | (1.8%) | (3.6%) | (2.4%) | (6.5%) | ||||||||||||
| Operating profit | (1.0%) | 4.3% | 5.9% | 3.6% | 9.1% | 2.1% | 2.0% | (24.6%) | ||||||||||||
| Finance cost | (5.2%) | (3.6%) | (1.6%) | (2.2%) | (3.9%) | (5.4%) | (1.0%) | (17.0%) | ||||||||||||
| Profit before tax | (6.6%) | (0.7%) | 4.2% | 1.0% | 4.8% | (6.4%) | 0.9% | (44.3%) | ||||||||||||
| Taxation | (0.3%) | 1.3% | (1.3%) | (1.2%) | (1.2%) | 4.3% | (1.2%) | 11.9% | ||||||||||||
| Profit after tax | (6.9%) | 0.6% | 2.9% | (0.3%) | 3.6% | (2.0%) | (0.3%) | (32.3%) | ||||||||||||
| Profit attributable to shareholders | (6.9%) | 0.6% | 2.9% | (0.3%) | 3.6% | (2.0%) | (0.3%) | (32.3%) | ||||||||||||
| Per share & other | ||||||||||||||||||||
| EBITDA | 2.3% | 6.2% | 10.1% | 6.3% | 14.3% | 6.4% | 3.8% | (15.6%) | ||||||||||||
| Depreciation & amortisation | 3.2% | 2.0% | 4.2% | 2.6% | 5.2% | 4.3% | 1.8% | 9.1% | ||||||||||||
Each line as a percentage of revenue.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. TTM = the latest four quarters added together. Updated 16 Oct 2026.
All reported line items 79
| Rs mn | Q3 FY2026 Apr – Jun 2026 | Q2 FY2026 Jan – Mar 2026 | Q1 FY2026 Oct – Dec 2025 | Q4 FY2025 Jul – Sep 2025 | Q3 FY2025 Apr – Jun 2025 | Q2 FY2025 Jan – Mar 2025 | Q1 FY2025 Oct – Dec 2024 | Q4 FY2024 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|
| Revenue from Goods & Services | 2,403.3 | 3,392.2 | 1,691.6 | 2,650.2 | 2,700.9 | 1,609.5 | 3,880.5 | 796.9 |
| Sales of Goods & Services - Net - Unclassified | 2,403.3 | 3,392.2 | 1,691.6 | 2,650.2 | 2,700.9 | 1,609.5 | 3,880.5 | 796.9 |
| Revenue from Business Activities - Total | 2,403.3 | 3,392.2 | 1,691.6 | 2,650.2 | 2,700.9 | 1,609.5 | 3,880.5 | 796.9 |
| Cost of Operating Revenue | 2,378.0 | 3,168.9 | 1,526.8 | 2,493.3 | 2,404.1 | 1,520.9 | 3,708.9 | 941.1 |
| Cost of Revenues - Total | 2,378.0 | 3,168.9 | 1,526.8 | 2,493.3 | 2,404.1 | 1,520.9 | 3,708.9 | 941.1 |
| Selling, General & Administrative Expenses - Total | 48.8 | 78.3 | 65.5 | 60.7 | 49.8 | 58.2 | 94.6 | 52.1 |
| Other Operating Expense/(Income) - Net | — | — | — | (0.0) | 0.0 | (2.9) | (0.0) | — |
| Gross Profit - Industrials/Property - Total | 25.2 | 223.3 | 164.8 | 156.8 | 296.8 | 88.6 | 171.6 | (144.2) |
| Operating Expenses - Total | 2,426.8 | 3,247.2 | 1,592.4 | 2,554.0 | 2,453.9 | 1,576.2 | 3,803.5 | 993.2 |
| Operating Profit before Non-Recurring Income/(Expense) | (23.5) | 145.0 | 99.3 | 96.1 | 247.0 | 33.3 | 76.9 | (196.2) |
| Financing Income/(Expense) - Net - Total | (125.8) | (122.4) | (27.0) | (57.8) | (105.0) | (87.1) | (39.7) | (135.4) |
| Interest Expense - Net of (Interest Income) | 125.8 | 122.4 | 27.0 | 57.8 | 105.0 | 87.1 | 39.7 | 135.4 |
| Other Operating Expense | — | — | — | (0.0) | 0.0 | — | (0.0) | — |
| Interest Expense - Net of Capitalized Interest | 125.8 | 122.4 | 27.0 | 57.8 | 105.0 | 87.1 | 39.7 | 135.4 |
| Other Non-Operating Income/(Expense) - Total | (8.8) | (47.0) | (1.6) | (12.4) | (11.7) | (48.5) | (2.0) | (21.2) |
| Normalized Pre-tax Profit | (158.1) | (24.4) | 70.7 | 25.9 | 130.4 | (102.3) | 35.2 | (352.9) |
| Provision for Income Tax Expense- Unclassified | 8.2 | (45.6) | 21.5 | 32.7 | 33.5 | (69.4) | 46.3 | (95.1) |
| Income before Taxes | (158.1) | (24.4) | 70.7 | 25.9 | 130.4 | (102.3) | 35.2 | (352.9) |
| Income Taxes | 8.2 | (45.6) | 21.5 | 32.7 | 33.5 | (69.4) | 46.3 | (95.1) |
| Net Income after Tax | (166.3) | 21.3 | 49.3 | (6.8) | 96.8 | (32.9) | (11.0) | (257.7) |
| Income before Discontinued Operations & Extraordinary Items | (166.3) | 21.3 | 49.3 | (6.8) | 96.8 | (32.9) | (11.0) | (257.7) |
| Net Income before Minority Interest | (166.3) | 21.3 | 49.3 | (6.8) | 96.8 | (32.9) | (11.0) | (257.7) |
| Net Income after Minority Interest | (166.3) | 21.3 | 49.3 | (6.8) | 96.8 | (32.9) | (11.0) | (257.7) |
| Income Available to Common Shares | (166.3) | 21.3 | 49.3 | (6.8) | 96.8 | (32.9) | (11.0) | (257.7) |
| Earnings Adjustments to Net Income - Other Expense/(Income) | — | — | — | (0.0) | 0.0 | — | — | 0.0 |
| DPS - Common - Gross - Issue - By Period End Date Rs | 0.00 | 0.00 | 0.00 | 4.00 | 0.00 | 0.00 | 0.00 | 1.50 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | (166.3) | 21.3 | 49.3 | (6.8) | 96.8 | (32.9) | (11.0) | (257.7) |
| Income available to Common excluding Extraordinary Items | (166.3) | 21.3 | 49.3 | (6.8) | 96.8 | (32.9) | (11.0) | (257.7) |
| Shares used to calculate Basic EPS - Total mn | 17.3 | 17.3 | 17.3 | 17.4 | 17.3 | 17.3 | 17.2 | 17.3 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | (9.62) | 1.23 | 2.85 | (0.39) | 5.60 | (1.90) | (0.64) | (14.92) |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | (9.62) | 1.23 | 2.85 | (0.39) | 5.60 | (1.90) | (0.64) | (14.92) |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | (9.62) | 1.23 | 2.85 | (0.39) | 5.60 | (1.90) | (0.64) | (14.92) |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | (166.3) | 21.3 | 49.3 | (6.8) | 96.8 | (32.9) | (11.0) | (257.7) |
| Earnings Allocation Factor - Basic - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Basic EPS - Issue Specific mn | 17.3 | 17.3 | 17.3 | 17.4 | 17.3 | 17.3 | 17.2 | 17.3 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | (9.62) | 1.23 | 2.85 | (0.39) | 5.60 | (1.90) | (0.64) | (14.92) |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | (9.62) | 1.23 | 2.85 | (0.39) | 5.60 | (1.90) | (0.64) | (14.92) |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | (9.62) | 1.23 | 2.85 | (0.39) | 5.60 | (1.90) | (0.64) | (14.92) |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | (166.3) | 21.3 | 49.3 | (6.8) | 96.8 | (32.9) | (11.0) | (257.7) |
| Diluted Income available to Common excluding Extraordinary Items | (166.3) | 21.3 | 49.3 | (6.8) | 96.8 | (32.9) | (11.0) | (257.7) |
| Shares used to calculate Diluted EPS - Total mn | 17.3 | 17.3 | 17.3 | 17.4 | 17.3 | 17.3 | 17.2 | 17.3 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | (9.62) | 1.23 | 2.85 | (0.39) | 5.60 | (1.90) | (0.64) | (14.92) |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | (9.62) | 1.23 | 2.85 | (0.39) | 5.60 | (1.90) | (0.64) | (14.92) |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | (9.62) | 1.23 | 2.85 | (0.39) | 5.60 | (1.90) | (0.64) | (14.92) |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | (166.3) | 21.3 | 49.3 | (6.8) | 96.8 | (32.9) | (11.0) | (257.7) |
| Earnings Allocation Factor - Diluted - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Diluted EPS - Issue Specific mn | 17.3 | 17.3 | 17.3 | 17.4 | 17.3 | 17.3 | 17.2 | 17.3 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | (9.62) | 1.23 | 2.85 | (0.39) | 5.60 | (1.90) | (0.64) | (14.92) |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | (9.62) | 1.23 | 2.85 | (0.39) | 5.60 | (1.90) | (0.64) | (14.92) |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | (9.62) | 1.23 | 2.85 | (0.39) | 5.60 | (1.90) | (0.64) | (14.92) |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 4.00 | 0.00 | 0.00 | 0.00 | 1.50 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 0.00 | 0.00 | 3.60 | 0.00 | 0.00 | 0.00 | 1.35 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | (23.5) | 145.0 | 99.3 | 96.1 | 247.0 | 33.3 | 76.9 | (196.2) |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 54.2 | 211.5 | 170.9 | 165.9 | 386.3 | 103.1 | 147.0 | (124.0) |
| Depreciation & Amortization - Supplemental | — | — | — | — | 139.3 | 69.8 | 70.0 | — |
| Depreciation Expense - Total - Supplemental | — | — | — | — | 139.3 | 69.8 | 70.0 | — |
| Depreciation, Depletion & Amortization - Total | 77.7 | 66.4 | 71.6 | 69.8 | 139.3 | 69.8 | 70.0 | 72.3 |
| Depreciation - Total | 77.7 | 66.4 | 71.6 | 69.8 | 139.3 | 69.8 | 70.0 | 72.3 |
| Normalized after Tax Profit | (166.3) | 21.3 | 49.3 | (6.8) | 96.8 | (32.9) | (11.0) | (257.7) |
| Normalized Net Income from Continuing Operations | (166.3) | 21.3 | 49.3 | (6.8) | 96.8 | (32.9) | (11.0) | (257.7) |
| Normalized Net Income - Bottom Line | (166.3) | 21.3 | 49.3 | (6.8) | 96.8 | (32.9) | (11.0) | (257.7) |
| Earnings before Interest & Taxes (EBIT) - Normalized | (32.3) | 98.0 | 97.7 | 83.7 | 235.4 | (15.2) | 74.9 | (217.5) |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | 45.4 | 164.4 | 169.3 | 153.5 | 374.6 | 54.6 | 145.0 | (145.2) |
| Interest Expense | 125.8 | 122.4 | 27.0 | 57.8 | 105.0 | 87.1 | 39.7 | 135.4 |
| Operating Expenses | 2,426.8 | 3,247.2 | 1,592.4 | 2,554.0 | 2,453.9 | 1,576.2 | 3,803.5 | 993.2 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 48.8 | 78.3 | 65.5 | 60.7 | 49.8 | 58.2 | 94.6 | 52.1 |
| Income before Taxes & Provision for Loan Losses | (158.1) | (24.4) | 70.7 | 25.9 | 130.4 | (102.3) | 35.2 | (352.9) |
| Cost of Revenue including Operation & Maintenance (Utility) - Total | 2,378.0 | 3,168.9 | 1,526.8 | 2,493.3 | 2,404.1 | 1,520.9 | 3,708.9 | 941.1 |
| Cost of Revenues excluding Depreciation | 2,378.0 | 3,168.9 | 1,526.8 | 2,493.3 | 2,404.1 | 1,520.9 | 3,708.9 | 941.1 |
| DPS - Common - Gross - Issue - By Payable Date Rs | 0.00 | 4.00 | 0.00 | 0.00 | 0.00 | 1.50 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 0.00 | 4.00 | 0.00 | 0.00 | 0.00 | 1.50 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | — | — | 68.1 | (21.9) | 174.8 | — | (23.5) | — |
| Operating Expenses excluding Non-Cash Charges - Total | 2,349.1 | 3,180.8 | 1,520.8 | 2,484.2 | 2,314.6 | 1,506.5 | 3,733.5 | 920.9 |
| Income Available to Common Shares before Depreciation & Amortization | (88.6) | 87.7 | 120.9 | 63.0 | 236.1 | 36.9 | 59.0 | (185.5) |
| Fixed Charges | 125.8 | 122.4 | 27.0 | 57.8 | 105.0 | 87.1 | 39.7 | 135.4 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 4.00 | 0.00 | 0.00 | 0.00 | 1.50 | 0.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.