BAFS Baba Farid Sugar Mills Limited
Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 430.21 0.00%
Financials
Baba Farid Sugar Mills Limited (BAFS) financials
20 years of annual results (FY2006 – FY2025), 74 quarters.
Baba Farid Sugar Mills Limited (BAFS) reported revenue of Rs 10.2 bn for FY2025 (Oct 2024 – Sep 2025), up 75.4% from FY2024.
Profit attributable to shareholders was Rs 814.8 mn (EPS Rs 86.22), a net margin of 8.0%.
It declared a dividend of Rs 2.00 per share for FY2025.
Net debt stood at Rs 5.6 mn.
Return on equity was 20.8%.
Over the last five years revenue grew at a compound 41.9% a year.
At Rs 430.21 (close on 16 Oct 2026) the shares trade at 0.84× book value, with a dividend yield of 0.5%.
Fundamentals
BAFS at a glance
Revenue · FY2025
Rs 10.2 bn
▲ 75.4% year on year
Profit attributable to shareholders · FY2025
Rs 814.8 mn
EPS – basic (Rs) · FY2025
Rs 86.22
Dividend per share (Rs) · FY2025
Rs 2.00
Net margin · FY2025
8.0%
+18.6 pts year on year
Debt to equity · FY2025
8.8%
-97.3 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 10.2 bn
- Profit attributable · FY2025
- Rs 814.8 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 6.5 bn
- Equity · FY2025
- Rs 5.3 bn
Financial highlights
BAFS 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 |
|---|---|---|---|---|---|
| Revenue | 10.2 | 5.8 | 4.5 | 3.9 | 3.9 |
| Gross profit | 1.6 | 0.3 | 0.6 | (0.1) | 0.3 |
| Operating profit | 1.4 | 0.2 | 0.4 | 0.0 | 0.3 |
| Profit after tax | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Profit attributable to shareholders | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| EPS – basic (Rs) Rs | 86.22 | (65.96) | 3.82 | (25.64) | 12.93 |
| Dividend per share (Rs) Rs | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 6.5 | 6.2 | 4.9 | 4.7 | 3.5 |
| Total equity | 5.3 | 2.6 | 3.2 | 3.2 | 1.8 |
| Total debt | 0.5 | 2.7 | 0.8 | 1.0 | 0.6 |
| Net cash from operating activities | 2.7 | (2.0) | 0.2 | (0.7) | 0.1 |
| Capital expenditure | (0.1) | (0.0) | (0.1) | (0.3) | (0.2) |
| Free cash flow (operating cash flow − capex) | 2.7 | (2.0) | 0.1 | (1.0) | (0.1) |
| 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 | 5.1 | 1.6 | 0.8 | 0.2 | 2.4 | 3.7 | 2.7 | 1.5 | 2.6 |
| Gross profit | 0.5 | 0.0 | 0.1 | (0.0) | 0.4 | 0.7 | 0.3 | 0.2 | (0.0) |
| Operating profit | 0.4 | (0.0) | 0.1 | (0.1) | 0.4 | 0.6 | 0.2 | 0.2 | 0.0 |
| Profit after tax | (0.1) | (0.2) | (0.1) | (0.1) | 0.3 | 0.4 | 0.0 | 0.0 | (0.2) |
| Profit attributable to shareholders | (0.1) | (0.2) | (0.1) | (0.1) | 0.3 | 0.4 | 0.0 | 0.0 | (0.2) |
| EPS – basic (Rs) Rs | (11.24) | (24.90) | (9.38) | (9.90) | 32.94 | 47.22 | 4.74 | 1.31 | (20.28) |
| Dividend per share (Rs) Rs | 2.00 | 0.00 | 0.00 | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 12.0 | 12.0 | 13.4 | 8.3 | 6.5 | 6.6 | 9.3 | 8.1 | 6.2 |
| Total equity | 4.8 | 4.8 | 5.1 | 5.2 | 5.3 | 3.1 | 2.6 | 2.6 | 2.6 |
| Total debt | 5.5 | 5.5 | 7.4 | 1.9 | 0.5 | 2.0 | 5.4 | 3.6 | 2.7 |
| Net cash from operating activities | (3.4) | 1.9 | (4.9) | (1.7) | 1.3 | 3.5 | (1.8) | (0.3) | 1.8 |
| Capital expenditure | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Free cash flow (operating cash flow − capex) | (3.5) | 1.9 | (5.0) | (1.7) | 1.3 | 3.5 | (1.8) | (0.3) | 1.8 |
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. Updated 16 Oct 2026.