ALNRS Al-Noor Sugar Mills Limited
Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 115.71 -0.01%
Financials
Al-Noor Sugar Mills Limited (ALNRS) financials
20 years of annual results (FY2006 – FY2025), 80 quarters.
Al-Noor Sugar Mills Limited (ALNRS) reported revenue of Rs 17.9 bn for FY2025 (Oct 2024 – Sep 2025), down 13.6% from FY2024.
Profit attributable to shareholders was Rs 107.5 mn (EPS Rs 5.25), a net margin of 0.6%.
It declared a dividend of Rs 4.00 per share for FY2025.
Net debt stood at Rs 4.9 bn.
Return on equity was 1.5%.
Over the last five years revenue grew at a compound 10.4% a year.
At Rs 115.71 (close on 16 Oct 2026) the shares trade at 14.1× earnings (TTM to Jun 2026) and 0.33× book value, with a dividend yield of 3.5%.
Fundamentals
ALNRS at a glance
Revenue · FY2025
Rs 17.9 bn
▼ 13.6% year on year
Profit attributable to shareholders · FY2025
Rs 107.5 mn
EPS – basic (Rs) · FY2025
Rs 5.25
Dividend per share (Rs) · FY2025
Rs 4.00
Net margin · FY2025
0.6%
+0.8 pts year on year
Debt to equity · FY2025
75.2%
-28.7 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 17.9 bn
- Profit attributable · FY2025
- Rs 107.5 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 16.3 bn
- Equity · FY2025
- Rs 7.1 bn
Financial highlights
ALNRS financial results
| Rs bn | FY2025 * Oct 2024 – Sep 2025 | FY2024 Oct 2023 – Sep 2024 | FY2023 Oct 2022 – Sep 2023 | FY2022 Oct 2021 – Sep 2022 | FY2021 Oct 2020 – Sep 2021 | FY2020 * Oct 2019 – Sep 2020 | FY2019 Oct 2018 – Sep 2019 | FY2018 Oct 2017 – Sep 2018 | FY2017 Oct 2016 – Sep 2017 | FY2016 Oct 2015 – Sep 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 17.9 | 20.7 | 13.1 | 10.5 | 10.8 | 10.9 | 9.3 | 9.1 | 6.9 | 8.1 |
| Gross profit | 2.3 | 3.4 | 2.1 | 1.5 | 1.7 | 1.7 | 1.2 | (0.7) | 0.7 | 1.0 |
| Operating profit | 1.0 | 2.1 | 1.1 | 0.6 | 0.8 | 0.8 | 0.5 | (1.4) | 0.2 | 0.5 |
| Profit after tax | 0.1 | (0.0) | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | (0.1) | (0.0) | 0.2 |
| Profit attributable to shareholders | 0.1 | (0.0) | 0.3 | 0.2 | 0.2 | 0.2 | 0.2 | (0.1) | (0.0) | 0.2 |
| EPS – basic (Rs) Rs | 5.25 | (2.20) | 14.43 | 8.47 | 10.30 | 9.89 | 9.25 | (5.90) | (1.48) | 8.31 |
| Dividend per share (Rs) Rs | 4.00 | 0.00 | 9.00 | 5.00 | 5.00 | 3.00 | 3.00 | 1.50 | 0.00 | 4.00 |
| Total assets | 16.3 | 18.2 | 18.1 | 11.3 | 9.1 | 8.7 | 9.3 | 9.4 | 9.5 | 7.0 |
| Total equity | 7.1 | 7.0 | 7.7 | 3.5 | 3.4 | 3.3 | 3.1 | 3.0 | 1.5 | 1.6 |
| Total debt | 5.4 | 7.3 | 4.7 | 5.7 | 4.1 | 3.5 | 4.4 | 4.6 | 5.2 | 2.7 |
| Net cash from operating activities | 2.2 | (1.9) | 0.8 | 0.2 | 0.5 | 0.6 | 0.0 | 0.1 | 0.2 | 0.4 |
| Capital expenditure | (0.4) | (0.3) | (0.4) | (0.4) | (0.3) | (0.4) | (0.2) | (0.3) | (0.6) | (0.7) |
| Free cash flow (operating cash flow − capex) | 1.9 | (2.2) | 0.4 | (0.3) | 0.3 | 0.1 | (0.2) | (0.3) | (0.4) | (0.4) |
| 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 | 16.9 | 3.9 | 2.1 | 4.5 | 6.4 | 4.1 | 1.9 | 5.6 | 6.4 |
| Gross profit | 2.4 | 0.4 | 0.6 | 0.7 | 0.6 | 0.5 | 0.8 | 0.4 | 0.9 |
| Operating profit | 1.1 | 0.1 | 0.3 | 0.4 | 0.3 | 0.3 | 0.4 | 0.0 | 0.5 |
| Profit after tax | 0.2 | (0.1) | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | (0.0) | (0.1) |
| Profit attributable to shareholders | 0.2 | (0.1) | 0.0 | 0.1 | 0.1 | 0.1 | 0.0 | (0.0) | (0.1) |
| EPS – basic (Rs) Rs | 8.20 | (2.49) | 2.40 | 4.98 | 3.31 | 3.21 | 0.78 | (2.11) | (6.94) |
| Dividend per share (Rs) Rs | 4.00 | 0.00 | 0.00 | 0.00 | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 21.9 | 21.9 | 25.4 | 18.0 | 16.3 | 20.7 | 23.0 | 17.5 | 18.2 |
| Total equity | 7.1 | 7.1 | 7.2 | 7.3 | 7.1 | 7.1 | 7.0 | 7.0 | 7.0 |
| Total debt | 10.7 | 10.7 | 13.5 | 6.2 | 5.4 | 9.0 | 11.1 | 5.2 | 7.3 |
| Net cash from operating activities | (0.8) | 2.7 | (7.4) | 0.1 | 3.8 | 2.3 | (4.5) | 0.6 | (3.3) |
| Capital expenditure | (0.5) | (0.1) | (0.1) | (0.1) | (0.2) | (0.0) | (0.0) | (0.1) | (0.1) |
| Free cash flow (operating cash flow − capex) | (1.3) | 2.6 | (7.5) | 0.0 | 3.6 | 2.3 | (4.5) | 0.5 | (3.4) |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. * Some FY2025 figures do not fully reconcile in the source data. Updated 16 Oct 2026.