Skip to content
Smart Money
Create free account Log in

Textile Composite

FML Feroze1888 Mills Limited

Latest results: FY2026 · Jun 2026

Watch FML · free results alerts

Last close · 16 Oct 2026

Rs 44.76 +1.02%

Quarterly · Q1 FY2022 – Q4 FY2026

Feroze1888 Mills Limited (FML) quarterly income statement

Feroze1888 Mills Limited reported revenue of Rs 18.1 bn for Q4 FY2026 (Apr – Jun 2026), down 3.9% on Q4 FY2025. Gross profit came to Rs 2.8 bn, a gross margin of 15.5%. Operating profit was Rs 1.3 bn (an operating margin of 7.0%). Finance cost was Rs 617.7 mn, down 11.5% on Q4 FY2025. Tax of Rs 121.4 mn took 14.7% of pre-tax profit. Profit attributable to shareholders was Rs 704.8 mn, up 725.9% on Q4 FY2025, or Rs 1.76 per share.

FML income statement (quarterly) (Rs bn)
Rs bn TTM to Jun 2026 Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 Jul – Sep 2025 Q4 FY2025 Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024
Revenue 67.7 18.1 17.3 15.1 17.3 18.8 19.1 12.5 15.7
Cost of revenue (59.3) (15.3) (15.4) (13.5) (15.2) (16.3) (16.0) (11.2) (13.5)
Gross profit 8.4 2.8 1.9 1.6 2.1 2.5 3.1 1.3 2.2
Selling, general & administrative expenses (6.7) (2.1) (1.6) (1.4) (1.6) (1.7) (1.7) (1.1) (1.6)
Operating profit 3.8 1.3 0.8 0.9 0.8 0.8 1.3 0.2 0.6
Finance cost (2.5) (0.6) (0.6) (0.7) (0.6) (0.7) (0.7) (0.8) (0.9)
Profit before tax 0.9 0.8 0.0 0.0 0.0 (0.1) 0.4 (0.4) 0.0
Taxation — (0.1) — — 0.0 0.1 — — 0.0
Profit after tax 0.8 0.7 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
Profit attributable to shareholders 0.8 0.7 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
Per share & other
EPS – basic (Rs) Rs 2.00 1.76 0.10 0.04 0.10 0.37 0.97 (0.94) 0.01
EPS – diluted (Rs) Rs 2.00 1.76 0.10 0.04 0.10 0.37 0.97 (0.94) 0.01
Dividend per share (Rs) Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
EBITDA 7.6 2.2 1.8 1.9 1.6 1.6 2.9 1.0 1.3
Depreciation & amortisation 3.8 1.0 1.0 1.0 0.8 0.8 1.6 0.8 0.7
Weighted average shares mn 399.7 399.7 410.1 422.0 406.9 229.1 400.2 401.3 269.4
FML income statement — year-on-year change (Rs mn)
Rs mn Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 Jul – Sep 2025 Q4 FY2025 Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024
Revenue -3.9% -9.2% +20.3% +9.9% +11.2% +5.8% -26.8% -11.3%
Cost of revenue -6.3% -3.9% +20.3% +12.0% +12.8% +7.7% -23.3% -3.2%
Gross profit +12.0% -36.7% +20.7% -3.4% +2.1% -3.3% -47.4% -41.8%
Selling, general & administrative expenses +25.4% -2.9% +28.3% +0.9% +9.0% -6.1% -26.2% -8.1%
Operating profit +54.4% -36.0% +283.4% +45.4% -34.2% +3.7% -66.0% -69.9%
Finance cost -11.5% -14.8% -14.5% -35.6% -31.0% -34.2% -20.1% +11.7%
Profit before tax — -89.4% — +1,410.2% — +62.3% — -99.7%
Taxation — — — — — — — -100.0%
Profit after tax +725.9% -89.4% — +1,410.2% -20.2% +160,307.4% — -99.7%
Profit attributable to shareholders +725.9% -89.4% — +1,410.2% -20.2% +160,307.4% — -99.7%
Per share & other
EPS – basic (Rs) +373.5% -89.7% — +900.0% +40.8% +158,916.4% — -99.6%
EPS – diluted (Rs) +373.5% -89.7% — +900.0% +40.8% +158,916.4% — -99.6%
Dividend per share (Rs) — — — — — — — —
EBITDA +36.3% -38.5% +90.5% +24.3% -9.9% +45.3% -28.8% -49.7%
Depreciation & amortisation +18.5% -40.5% +33.5% +7.8% +41.2% +116.7% +5.3% +6.0%
Weighted average shares — — — — — — — —

Change against the same quarter a year earlier; shown when the earlier figure is positive.

FML income statement — common size (Rs mn)
Rs mn Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 Jul – Sep 2025 Q4 FY2025 Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024
Revenue 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Cost of revenue (84.5%) (88.8%) (89.4%) (87.9%) (86.7%) (83.9%) (89.5%) (86.3%)
Gross profit 15.5% 11.2% 10.6% 12.1% 13.3% 16.1% 10.5% 13.7%
Selling, general & administrative expenses (11.8%) (9.4%) (9.2%) (9.2%) (9.1%) (8.8%) (8.6%) (10.0%)
Operating profit 7.0% 4.9% 5.8% 4.9% 4.3% 6.9% 1.8% 3.7%
Finance cost (3.4%) (3.4%) (4.4%) (3.4%) (3.7%) (3.6%) (6.2%) (5.8%)
Profit before tax 4.6% 0.2% 0.1% 0.2% (0.3%) 2.0% (3.0%) 0.0%
Taxation (0.7%) — — 0.0% 0.8% — — 0.0%
Profit after tax 3.9% 0.2% 0.1% 0.2% 0.5% 2.0% (3.0%) 0.0%
Profit attributable to shareholders 3.9% 0.2% 0.1% 0.2% 0.5% 2.0% (3.0%) 0.0%
Per share & other
EBITDA 12.4% 10.4% 12.6% 9.5% 8.7% 15.3% 7.9% 8.4%
Depreciation & amortisation 5.5% 5.5% 6.8% 4.6% 4.4% 8.4% 6.1% 4.7%

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 116
FML income statement — all reported line items (Rs bn)
Rs bn Q4 FY2026 Apr – Jun 2026 Q3 FY2026 Jan – Mar 2026 Q2 FY2026 Oct – Dec 2025 Q1 FY2026 Jul – Sep 2025 Q4 FY2025 Apr – Jun 2025 Q3 FY2025 Jan – Mar 2025 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024
Revenue from Goods & Services 18.1 17.3 15.1 17.3 18.8 19.1 12.5 15.7
Sales of Goods & Services - Net - Unclassified 18.1 17.3 15.1 17.3 18.8 19.1 12.5 15.7
Revenue from Business-Related Activities - Other - Total — — — — — — — —
Revenue from Business Activities - Total 18.1 17.3 15.1 17.3 18.8 19.1 12.5 15.7
Cost of Operating Revenue 15.3 15.4 13.5 15.2 16.3 16.0 11.2 13.5
Cost of Revenues - Total 15.3 15.4 13.5 15.2 16.3 16.0 11.2 13.5
Cost of Revenues - Unclassified — — — 2.0 44.0 (15.0) (0.5) 1.6
Selling, General & Administrative Expenses - Total 2.1 1.6 1.4 1.6 1.7 1.7 1.1 1.6
Selling, General & Administrative Expenses - Unclassified — — — — — — — 1.6
Amortization in Cost of Revenues — — — 0.0 0.0 0.0 0.0 0.0
Depreciation in Cost of Revenues — — — 0.8 0.8 0.8 0.7 0.7
Labor & Related Expenses including Stock-Based Compensation in Cost of Revenues — — — 2.9 3.4 2.7 2.5 2.6
Material Expenses — — — 9.2 9.1 11.5 9.4 9.3
Material Expenses - Materials, Inventory, Own Work & Utility - Unclassified — — — 9.1 7.2 9.4 7.6 9.3
Other Operating Expense/(Income) - Net (0.6) (0.5) (0.7) (0.3) (0.0) 0.1 0.0 0.0
Other Operating Income - Total 0.7 0.6 0.7 0.4 0.2 — 0.0 —
Materials Purchased — — — 0.0 1.9 2.2 1.8 0.0
Ground leases/Rental Expenses in Cost of Revenues — — — 0.0 0.0 — — 0.0
Cost of Revenues - Other - Total — — — 0.3 (41.1) 16.0 (1.0) (0.7)
Gross Profit - Industrials/Property - Total 2.8 1.9 1.6 2.1 2.5 3.1 1.3 2.2
Operating Expenses - Total 16.8 16.5 14.2 16.4 18.0 17.8 12.3 15.1
Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses — — — — — — — 0.0
Selling, General & Administrative Expenses - Other - Total — — — — — — — (0.0)
Operating Profit before Non-Recurring Income/(Expense) 1.3 0.8 0.9 0.8 0.8 1.3 0.2 0.6
Financing Income/(Expense) - Net - Total (0.6) (0.6) (0.7) (0.6) (0.7) (0.7) (0.6) (0.4)
Interest Expense - Net of (Interest Income) 0.6 0.6 0.7 0.6 0.7 0.7 0.8 0.9
Other Operating Expense 0.1 0.0 0.0 0.0 0.1 0.1 0.0 0.0
Interest Expense - Net of Capitalized Interest 0.6 0.6 0.7 0.6 0.7 0.7 0.8 0.9
Provision for Doubtful Accounts & Write-off — — — — — — — (0.0)
Non-Interest Financial Income/(Expense) - Total — — — — — — 0.2 0.5
Sale of Tangible & Intangible Fixed Assets - Gain/Loss — — — — — — — (0.0)
Other Non-Operating Income/(Expense) - Total (0.1) (0.2) (0.2) (0.2) (0.2) (0.2) (0.1) (0.2)
Foreign Exchange Gain/(Loss) - Non-Business — — — — — — 0.2 0.5
Normalized Pre-tax Profit 0.6 0.0 0.0 0.0 (0.1) 0.4 (0.4) 0.0
Non-Recurring Income/Expense - Total 0.3 — — — — — — —
Impairment - Tangible & Intangible Fixed Assets — — — — — — — —
Impairment - Fixed Assets — — — — — — — —
Interest Income - Non-Bank — — — — — — — 0.0
Dividend & Investment Income — — — — — — — 0.0
Sale & Acquisition of Group Companies - Gain/(Loss) 0.3 — — — — — — —
Provision for Income Tax Expense- Unclassified — — — 0.0 (0.1) — — 0.0
Income before Taxes 0.8 0.0 0.0 0.0 (0.1) 0.4 (0.4) 0.0
Income Taxes 0.1 — — 0.0 (0.1) — — 0.0
Income Taxes for the Year - Current 0.0 — — — — — — —
Income Taxes - Other (by Type) 0.1 — — — — — — —
Net Income after Tax 0.7 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
After-Tax Adjustments - Other - Income/(Expense) - Total — — — — — — — —
Income before Discontinued Operations & Extraordinary Items 0.7 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
Net Income before Minority Interest 0.7 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
Net Income after Minority Interest 0.7 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
Income Available to Common Shares 0.7 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
Earnings Adjustments to Net Income - Other Expense/(Income) — — — — — — — —
DPS - Common - Gross - Issue - By Period End Date Rs 0.00 0.00 0.00 0.00 0.00 0.00 0.00 0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 0.7 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
Income available to Common excluding Extraordinary Items 0.7 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
Shares used to calculate Basic EPS - Total mn 399.7 410.1 422.0 406.9 229.1 400.2 401.3 269.4
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 1.76 0.10 0.04 0.10 0.37 0.97 (0.94) 0.01
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs 1.76 0.10 0.04 0.10 0.37 0.97 (0.94) 0.01
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs 1.10 0.10 0.04 0.10 0.37 0.97 (0.94) 0.01
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 0.7 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
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 399.7 410.1 422.0 406.9 229.1 400.2 401.3 269.4
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 1.76 0.10 0.04 0.10 0.37 0.97 (0.94) 0.01
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 1.76 0.10 0.04 0.10 0.37 0.97 (0.94) 0.01
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs 1.10 0.10 0.04 0.10 0.37 0.97 (0.94) 0.01
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 0.7 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
Diluted Income available to Common excluding Extraordinary Items 0.7 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
Shares used to calculate Diluted EPS - Total mn 399.7 410.1 422.0 406.9 229.1 400.2 401.3 269.4
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs 1.76 0.10 0.04 0.10 0.37 0.97 (0.94) 0.01
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs 1.76 0.10 0.04 0.10 0.37 0.97 (0.94) 0.01
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs 1.10 0.10 0.04 0.10 0.37 0.97 (0.94) 0.01
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 0.7 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
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 399.7 410.1 422.0 406.9 229.1 400.2 401.3 269.4
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs 1.76 0.10 0.04 0.10 0.37 0.97 (0.94) 0.01
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 1.76 0.10 0.04 0.10 0.37 0.97 (0.94) 0.01
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs 1.10 0.10 0.04 0.10 0.37 0.97 (0.94) 0.01
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 0.00 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 0.00 0.00 0.00
Earnings before Interest & Taxes (EBIT) 1.3 0.8 0.9 0.8 0.8 1.3 0.2 0.6
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 2.2 1.8 1.9 1.6 1.6 2.9 1.0 1.3
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments — — — 1.6 1.7 — — 1.3
Depreciation & Amortization - Supplemental — 0.8 0.9 0.8 0.8 1.6 0.7 0.7
Depreciation Expense - Total - Supplemental — 0.8 0.9 0.8 0.8 1.6 0.7 0.7
Depreciation - Financial Lease Right-of-Use Assets - Supplemental — — — 0.1 0.2 — — 0.1
Amortization - Total - Supplemental — — — 0.0 0.0 0.0 0.0 0.0
Intangible Amortization - Other - Supplemental — — — 0.0 0.0 0.0 0.0 0.0
Amortization of Computer Software - Supplemental — — — 0.0 0.0 0.0 0.0 0.0
Depreciation, Depletion & Amortization - Total 1.0 1.0 1.0 0.8 0.8 1.6 0.8 0.7
Depreciation - Total 1.0 1.0 1.0 0.8 0.8 1.6 0.8 0.7
Amortization of Intangible Assets excluding Goodwill - Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Labor & Related Expenses - Total — — — 2.9 3.4 2.7 2.5 2.6
Labor & Related Expenses - Supplemental — — — 2.9 3.4 2.7 2.5 2.6
Normalized after Tax Profit 0.4 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
Normalized Net Income from Continuing Operations 0.4 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
Normalized Net Income - Bottom Line 0.4 0.0 0.0 0.0 0.1 0.4 (0.4) 0.0
Earnings before Interest & Taxes (EBIT) - Normalized 1.2 0.6 0.7 0.6 0.6 1.1 0.4 0.9
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized 2.2 1.6 1.7 1.4 1.5 2.7 1.2 1.6
Depreciation of Financial Lease Right-of-Use Assets — — — 0.1 — — — 0.1
Rental/Operating Lease Expense — — — 0.0 0.0 — — 0.0
Interest Expense 0.6 0.6 0.7 0.6 0.7 0.7 0.8 0.9
Operating Expenses 16.8 16.5 14.2 16.4 18.0 17.8 12.3 15.1
Selling, General & Administrative Expenses excluding Research & Development Expenses 2.1 1.6 1.4 1.6 1.7 1.7 1.1 1.6
Income before Taxes & Provision for Loan Losses 0.8 0.0 0.0 0.0 (0.1) 0.4 (0.4) 0.0
Cost of Revenue including Operation & Maintenance (Utility) - Total 15.3 15.4 13.5 15.2 16.3 16.0 11.2 13.5
Cost of Revenues excluding Depreciation 15.3 15.4 13.5 14.4 15.5 15.2 10.5 12.8
DPS - Common - Gross - Issue - By Payable Date Rs 0.00 0.00 0.00 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 0.00 0.00 0.00
Tax Adjusted Operating Income 1.2 — — 0.6 — — — 0.9
Operating Expenses excluding Non-Cash Charges - Total 15.8 15.5 13.2 15.6 17.1 16.2 11.5 14.4
Income Available to Common Shares before Depreciation & Amortization 1.7 1.0 1.0 0.8 0.9 2.0 0.4 0.7
Fixed Charges 0.6 0.6 0.7 0.6 0.7 0.7 0.8 0.9
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 0.00 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.