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%
Annual · FY2006 – FY2025
Baba Farid Sugar Mills Limited (BAFS) income statement
Baba Farid Sugar Mills Limited reported revenue of Rs 10.2 bn for FY2025 (Oct 2024 – Sep 2025), up 75.4% on FY2024. Gross profit came to Rs 1.6 bn, a gross margin of 15.9%. Operating profit was Rs 1.4 bn (an operating margin of 13.8%). Finance cost was Rs 428.3 mn, down 43.3% on FY2024. Tax of Rs 0 took 0.0% of pre-tax profit. Profit attributable to shareholders was Rs 814.8 mn, or Rs 86.22 per share.
| 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 | |||||||||||||||
| Cost of revenue | (8.6) | (5.6) | (4.0) | (4.0) | (3.6) | |||||||||||||||
| Gross profit | 1.6 | 0.3 | 0.6 | (0.1) | 0.3 | |||||||||||||||
| Selling, general & administrative expenses | (0.2) | (0.2) | (0.2) | (0.1) | (0.1) | |||||||||||||||
| Operating profit | 1.4 | 0.2 | 0.4 | 0.0 | 0.3 | |||||||||||||||
| Finance cost | (0.4) | (0.8) | (0.3) | (0.2) | (0.1) | |||||||||||||||
| Profit before tax | 0.8 | (0.6) | 0.0 | (0.2) | 0.2 | |||||||||||||||
| Taxation | 0.0 | 0.0 | (0.0) | (0.1) | (0.0) | |||||||||||||||
| 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 | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EPS – basic (Rs) Rs | 86.22 | (65.96) | 3.82 | (25.64) | 12.93 | |||||||||||||||
| EPS – diluted (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 | |||||||||||||||
| EBITDA | 1.5 | 0.3 | 0.5 | 0.1 | 0.4 | |||||||||||||||
| Depreciation & amortisation | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | |||||||||||||||
| Weighted average shares mn | 9.5 | 9.5 | 9.4 | 9.5 | 9.5 | |||||||||||||||
| Rs mn | 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 | +75.4% | +28.6% | +15.3% | +1.9% | +116.7% | |||||||||||||||
| Cost of revenue | +54.3% | +39.8% | +0.0% | +10.4% | +105.9% | |||||||||||||||
| Gross profit | +529.0% | -52.8% | — | -120.8% | +769.3% | |||||||||||||||
| Selling, general & administrative expenses | +23.3% | +10.1% | +40.7% | +31.4% | +31.5% | |||||||||||||||
| Operating profit | +580.2% | -52.1% | +1,062.0% | -86.6% | — | |||||||||||||||
| Finance cost | -43.3% | +116.6% | +70.5% | +78.2% | -40.5% | |||||||||||||||
| Profit before tax | — | -1,825.1% | — | -200.7% | — | |||||||||||||||
| Taxation | — | -189.6% | -99.9% | +68.9% | +383.7% | |||||||||||||||
| Profit after tax | — | -1,827.6% | — | -298.2% | — | |||||||||||||||
| Profit attributable to shareholders | — | -1,827.6% | — | -298.2% | — | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EPS – basic (Rs) | — | -1,826.7% | — | -298.2% | — | |||||||||||||||
| EPS – diluted (Rs) | — | -1,826.7% | — | -298.2% | — | |||||||||||||||
| Dividend per share (Rs) | — | — | — | — | — | |||||||||||||||
| EBITDA | +375.7% | -41.6% | +285.8% | -61.7% | +3,710.8% | |||||||||||||||
| Depreciation & amortisation | -2.8% | -1.6% | +8.9% | +12.2% | -0.5% | |||||||||||||||
| Weighted average shares | — | — | — | — | — | |||||||||||||||
Change against the previous fiscal year; shown when the earlier figure is positive.
| Rs mn | 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 | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |||||||||||||||
| Cost of revenue | (84.1%) | (95.6%) | (87.9%) | (101.3%) | (93.5%) | |||||||||||||||
| Gross profit | 15.9% | 4.4% | 12.1% | (1.3%) | 6.5% | |||||||||||||||
| Selling, general & administrative expenses | (2.3%) | (3.3%) | (3.8%) | (3.1%) | (2.4%) | |||||||||||||||
| Operating profit | 13.8% | 3.6% | 9.6% | 0.9% | 7.2% | |||||||||||||||
| Finance cost | (4.2%) | (12.9%) | (7.7%) | (5.2%) | (3.0%) | |||||||||||||||
| Profit before tax | 8.0% | (10.7%) | 0.8% | (4.3%) | 4.3% | |||||||||||||||
| Taxation | 0.0% | 0.0% | (0.0%) | (1.9%) | (1.1%) | |||||||||||||||
| Profit after tax | 8.0% | (10.7%) | 0.8% | (6.2%) | 3.2% | |||||||||||||||
| Profit attributable to shareholders | 8.0% | (10.7%) | 0.8% | (6.2%) | 3.2% | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EBITDA | 14.9% | 5.5% | 12.1% | 3.6% | 9.6% | |||||||||||||||
| Depreciation & amortisation | 1.1% | 1.9% | 2.5% | 2.7% | 2.4% | |||||||||||||||
Each line as a percentage of revenue.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.
All reported line items 113
| 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 from Goods & Services | 10.2 | 5.8 | 4.5 | 3.9 | 3.9 |
| Sales of Goods & Services - Net - Unclassified | 10.2 | 5.8 | 4.5 | 3.9 | 3.9 |
| Revenue Taxes | — | — | — | — | — |
| Gross Revenue from Business Activities - Total | — | — | — | — | — |
| Revenue from Business Activities - Total | 10.2 | 5.8 | 4.5 | 3.9 | 3.9 |
| Cost of Operating Revenue | 8.6 | 5.6 | 4.0 | 4.0 | 3.6 |
| Cost of Revenues - Total | 8.6 | 5.6 | 4.0 | 4.0 | 3.6 |
| Cost of Revenues - Unclassified | 8.5 | 5.5 | 3.9 | 3.9 | 3.5 |
| Selling, General & Administrative Expenses - Total | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 |
| Selling, General & Administrative Expenses - Unclassified | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 |
| Depreciation in Cost of Revenues | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Depreciation in Selling, General & Administrative Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Operating Expense/(Income) - Net | (0.0) | (0.1) | (0.1) | (0.2) | (0.1) |
| Other Operating Income - Total | 0.1 | 0.1 | 0.2 | 0.3 | 0.1 |
| Gross Profit - Industrials/Property - Total | 1.6 | 0.3 | 0.6 | (0.1) | 0.3 |
| Operating Expenses - Total | 8.8 | 5.6 | 4.1 | 3.9 | 3.6 |
| Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Selling, General & Administrative Expenses - Other - Total | — | — | — | — | — |
| Advertising Expense | — | — | — | — | — |
| Operating Profit before Non-Recurring Income/(Expense) | 1.4 | 0.2 | 0.4 | 0.0 | 0.3 |
| Financing Income/(Expense) - Net - Total | (0.4) | (0.8) | (0.3) | (0.2) | (0.1) |
| Interest Expense - Net of (Interest Income) | 0.4 | 0.8 | 0.3 | 0.2 | 0.1 |
| Other Operating Expense | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 |
| Interest Expense - Net of Capitalized Interest | 0.4 | 0.8 | 0.3 | 0.2 | 0.1 |
| Non-Interest Financial Income/(Expense) - Total | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Non-Interest Financial Income/(Expense) - Other - Net | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 |
| Other Non-Operating Income/(Expense) - Total | (0.2) | (0.1) | (0.1) | — | — |
| Sale of Leased Fixed Assets - Gain/(Loss) | 0.0 | — | — | — | — |
| Normalized Pre-tax Profit | 0.8 | (0.6) | 0.0 | (0.2) | 0.2 |
| Non-Recurring Income/Expense - Total | — | — | — | — | — |
| Impairment - Tangible & Intangible Fixed Assets | — | — | — | — | — |
| Impairment - Fixed Assets | — | — | — | — | — |
| Sale of Investments Held for Sale, Maturity & Trading - Gain/(Loss) | — | — | — | — | — |
| Provision for Income Tax Expense- Unclassified | 0.0 | (0.0) | 0.0 | 0.1 | 0.0 |
| Income before Taxes | 0.8 | (0.6) | 0.0 | (0.2) | 0.2 |
| Income Taxes | 0.0 | (0.0) | 0.0 | 0.1 | 0.0 |
| Income Taxes for the Year - Current | — | — | — | — | — |
| Income Taxes - Domestic - Current | — | — | — | — | — |
| Income Taxes - Deferred | — | — | — | — | — |
| Income Taxes - Domestic - Deferred | — | — | — | — | — |
| Net Income after Tax | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Income before Discontinued Operations & Extraordinary Items | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Net Income before Minority Interest | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Net Income after Minority Interest | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Income Available to Common Shares | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Earnings Adjustments to Net Income - Other Expense/(Income) | — | — | — | — | — |
| DPS - Common - Gross - Issue - By Period End Date Rs | 2.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Income available to Common excluding Extraordinary Items | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Shares used to calculate Basic EPS - Total mn | 9.5 | 9.5 | 9.4 | 9.5 | 9.5 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 86.22 | (65.96) | 3.82 | (25.64) | 12.93 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 86.22 | (65.96) | 3.82 | (25.64) | 12.93 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | 86.22 | (65.96) | 3.82 | (25.64) | 12.93 |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Earnings Allocation Factor - Basic - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Basic EPS - Issue Specific mn | 9.5 | 9.5 | 9.4 | 9.5 | 9.5 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 86.22 | (65.96) | 3.82 | (25.64) | 12.93 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 86.22 | (65.96) | 3.82 | (25.64) | 12.93 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | 86.22 | (65.96) | 3.82 | (25.64) | 12.93 |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dilution Adjustment | — | — | — | — | — |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Diluted Income available to Common excluding Extraordinary Items | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Shares used to calculate Diluted EPS - Total mn | 9.5 | 9.5 | 9.4 | 9.5 | 9.5 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 86.22 | (65.96) | 3.82 | (25.64) | 12.93 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 86.22 | (65.96) | 3.82 | (25.64) | 12.93 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | 86.22 | (65.96) | 3.82 | (25.64) | 12.93 |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Earnings Allocation Factor - Diluted - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Diluted EPS - Issue Specific mn | 9.5 | 9.5 | 9.4 | 9.5 | 9.5 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 86.22 | (65.96) | 3.82 | (25.64) | 12.93 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 86.22 | (65.96) | 3.82 | (25.64) | 12.93 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | 86.22 | (65.96) | 3.82 | (25.64) | 12.93 |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | 1.4 | 0.2 | 0.4 | 0.0 | 0.3 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 1.5 | 0.3 | 0.5 | 0.1 | 0.4 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments | — | — | — | — | — |
| Depreciation & Amortization - Supplemental | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Depreciation Expense - Total - Supplemental | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Depreciation - Financial Lease Right-of-Use Assets - Supplemental | — | — | — | 0.0 | 0.0 |
| Depreciation, Depletion & Amortization - Total | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Depreciation - Total | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Labor & Related Expenses - Total | — | — | — | — | — |
| Labor & Related Expenses - Supplemental | — | — | — | — | — |
| Auditor Fees | — | — | — | — | — |
| Audit-Related Fees | — | — | — | — | — |
| Fees - Other | — | — | — | — | — |
| Normalized after Tax Profit | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Normalized Net Income from Continuing Operations | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Normalized Net Income - Bottom Line | 0.8 | (0.6) | 0.0 | (0.2) | 0.1 |
| Earnings before Interest & Taxes (EBIT) - Normalized | 1.2 | 0.1 | 0.4 | 0.0 | 0.3 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | 1.4 | 0.2 | 0.5 | 0.1 | 0.4 |
| Depreciation of Financial Lease Right-of-Use Assets | — | — | — | 0.0 | 0.0 |
| Interest Expense on Financial Lease Liabilities - Supplemental | 0.0 | 0.0 | 0.0 | — | — |
| Rental/Operating Lease Expense | — | — | — | — | — |
| Advertising Expenses - Supplemental | — | — | — | — | — |
| Interest Expense | 0.4 | 0.8 | 0.3 | 0.2 | 0.1 |
| Operating Expenses | 8.8 | 5.6 | 4.1 | 3.9 | 3.6 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 |
| Income before Taxes & Provision for Loan Losses | 0.8 | (0.6) | 0.0 | (0.2) | 0.2 |
| Cost of Revenue including Operation & Maintenance (Utility) - Total | 8.6 | 5.6 | 4.0 | 4.0 | 3.6 |
| Cost of Revenues excluding Depreciation | 8.5 | 5.5 | 3.9 | 3.9 | 3.5 |
| DPS - Common - Gross - Issue - By Payable Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | 1.2 | — | 0.4 | — | 0.2 |
| Operating Expenses excluding Non-Cash Charges - Total | 8.7 | 5.5 | 4.0 | 3.8 | 3.5 |
| Income Available to Common Shares before Depreciation & Amortization | 0.9 | (0.5) | 0.2 | (0.1) | 0.2 |
| Fixed Charges | 0.4 | 0.8 | 0.3 | 0.2 | 0.1 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.