HIRAT Hira Textile Mills Limited
Latest results: FY2024 · Jun 2024 Q3 FY2025 · Jan – Mar 2025
Last close · 16 Oct 2026
Rs 5.69 -1.90%
Annual · FY2005 – FY2024
Hira Textile Mills Limited (HIRAT) income statement
Hira Textile Mills Limited reported revenue of Rs 72.8 mn for FY2024 (Jul 2023 – Jun 2024), up 72.6% on FY2023. Gross profit came to -Rs 167.8 mn, a gross margin of -230.4%. Operating profit was -Rs 193.5 mn (an operating margin of -265.7%). Finance cost was Rs 115.3 mn, up 0.0% on FY2023. The loss attributable to shareholders was Rs 281.3 mn, or Rs -3.25 per share.
| Rs mn | FY2024 * Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 * Jul 2020 – Jun 2021 | FY2020 * Jul 2019 – Jun 2020 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 72.8 | 42.2 | 319.8 | 1,473.0 | 1,463.4 | |||||||||||||||
| Cost of revenue | (240.6) | (197.1) | (877.3) | (1,607.2) | (1,529.8) | |||||||||||||||
| Gross profit | (167.8) | (154.9) | (557.5) | (134.2) | (66.4) | |||||||||||||||
| Selling, general & administrative expenses | (22.2) | (10.4) | (29.7) | (36.6) | (42.7) | |||||||||||||||
| Operating profit | (193.5) | (300.1) | (587.3) | (170.8) | (109.1) | |||||||||||||||
| Finance cost | (115.3) | (115.3) | (115.3) | (112.5) | (165.3) | |||||||||||||||
| Profit before tax | (307.9) | (353.7) | (505.1) | (220.3) | (291.2) | |||||||||||||||
| Taxation | 26.7 | (12.6) | (78.9) | 47.7 | (12.6) | |||||||||||||||
| Profit after tax | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) | |||||||||||||||
| Profit attributable to shareholders | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EPS – basic (Rs) Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) | |||||||||||||||
| EPS – diluted (Rs) Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) | |||||||||||||||
| Dividend per share (Rs) Rs | — | — | 0.00 | 0.00 | 0.00 | |||||||||||||||
| EBITDA | (67.5) | (166.2) | (446.7) | (47.6) | 17.6 | |||||||||||||||
| Depreciation & amortisation | 126.0 | 133.8 | 140.6 | 123.1 | 126.7 | |||||||||||||||
| Weighted average shares mn | 86.6 | 86.6 | 86.6 | 86.6 | 86.6 | |||||||||||||||
| Rs mn | FY2024 * Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 * Jul 2020 – Jun 2021 | FY2020 * Jul 2019 – Jun 2020 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | +72.6% | -86.8% | -78.3% | +0.7% | -44.7% | |||||||||||||||
| Cost of revenue | +22.1% | -77.5% | -45.4% | +5.1% | -58.7% | |||||||||||||||
| Gross profit | — | — | — | — | — | |||||||||||||||
| Selling, general & administrative expenses | +113.1% | -64.9% | -18.8% | -14.3% | +9.9% | |||||||||||||||
| Operating profit | — | — | — | — | — | |||||||||||||||
| Finance cost | 0.0% | 0.0% | +2.5% | -31.9% | -24.6% | |||||||||||||||
| Profit before tax | — | — | — | — | — | |||||||||||||||
| Taxation | -312.2% | -84.1% | — | -479.0% | -91.9% | |||||||||||||||
| Profit after tax | — | — | — | — | — | |||||||||||||||
| Profit attributable to shareholders | — | — | — | — | — | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EPS – basic (Rs) | — | — | — | — | — | |||||||||||||||
| EPS – diluted (Rs) | — | — | — | — | — | |||||||||||||||
| Dividend per share (Rs) | — | — | — | — | — | |||||||||||||||
| EBITDA | — | — | — | -370.2% | — | |||||||||||||||
| Depreciation & amortisation | -5.8% | -4.8% | +14.2% | -2.9% | -3.3% | |||||||||||||||
| Weighted average shares | — | — | — | — | — | |||||||||||||||
Change against the previous fiscal year; shown when the earlier figure is positive.
| Rs mn | FY2024 * Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 * Jul 2020 – Jun 2021 | FY2020 * Jul 2019 – Jun 2020 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |||||||||||||||
| Cost of revenue | (330.4%) | (467.0%) | (274.4%) | (109.1%) | (104.5%) | |||||||||||||||
| Gross profit | (230.4%) | (367.0%) | (174.4%) | (9.1%) | (4.5%) | |||||||||||||||
| Selling, general & administrative expenses | (30.5%) | (24.7%) | (9.3%) | (2.5%) | (2.9%) | |||||||||||||||
| Operating profit | (265.7%) | (711.1%) | (183.7%) | (11.6%) | (7.5%) | |||||||||||||||
| Finance cost | (158.4%) | (273.3%) | (36.1%) | (7.6%) | (11.3%) | |||||||||||||||
| Profit before tax | (422.9%) | (838.1%) | (158.0%) | (15.0%) | (19.9%) | |||||||||||||||
| Taxation | 36.6% | (29.8%) | (24.7%) | 3.2% | (0.9%) | |||||||||||||||
| Profit after tax | (386.3%) | (867.9%) | (182.6%) | (11.7%) | (20.8%) | |||||||||||||||
| Profit attributable to shareholders | (386.3%) | (867.9%) | (182.6%) | (11.7%) | (20.8%) | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EBITDA | (92.6%) | (394.0%) | (139.7%) | (3.2%) | 1.2% | |||||||||||||||
| Depreciation & amortisation | 173.0% | 317.1% | 44.0% | 8.4% | 8.7% | |||||||||||||||
Each line as a percentage of revenue.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.
All reported line items 116
| Rs mn | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 Jul 2020 – Jun 2021 | FY2020 Jul 2019 – Jun 2020 |
|---|---|---|---|---|---|
| Revenue from Goods & Services | 72.8 | 42.2 | 319.8 | 1,473.0 | 1,463.4 |
| Sales of Goods & Services - Net - Unclassified | 72.8 | 42.2 | 319.8 | 1,473.0 | 1,463.4 |
| Sales Returns, Allowances & Other Revenue Adjustments | — | — | — | — | — |
| Gross Revenue from Business Activities - Total | — | — | — | — | — |
| Revenue from Business-Related Activities - Other - Total | — | — | — | — | — |
| Revenue from Business Activities - Total | 72.8 | 42.2 | 319.8 | 1,473.0 | 1,463.4 |
| Cost of Operating Revenue | 240.6 | 197.1 | 877.3 | 1,607.2 | 1,529.8 |
| Cost of Revenues - Total | 240.6 | 197.1 | 877.3 | 1,607.2 | 1,529.8 |
| Cost of Revenues - Unclassified | 117.1 | 65.9 | 739.5 | 1,486.6 | 1,405.6 |
| Selling, General & Administrative Expenses - Total | 22.2 | 10.4 | 29.7 | 36.6 | 42.7 |
| Selling, General & Administrative Expenses - Unclassified | 19.7 | 7.7 | 25.2 | 33.6 | 40.1 |
| Depreciation in Cost of Revenues | 123.5 | 131.1 | 137.8 | 120.6 | 124.2 |
| Depreciation in Selling, General & Administrative Expenses | 2.5 | 2.7 | 2.8 | 2.5 | 2.5 |
| Labor & Related Expenses including Stock-Based Compensation in Cost of Revenues | — | — | — | — | — |
| Other Operating Expense/(Income) - Net | 3.5 | 134.8 | 0.0 | 0.0 | — |
| Other Operating Income - Total | — | — | — | 0.0 | — |
| Gross Profit - Industrials/Property - Total | (167.8) | (154.9) | (557.5) | (134.2) | (66.4) |
| Operating Expenses - Total | 266.3 | 342.3 | 907.0 | 1,643.8 | 1,572.5 |
| Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses | — | 0.0 | 0.1 | 0.4 | — |
| Selling, General & Administrative Expenses - Other - Total | — | 0.0 | 1.6 | 0.0 | 0.0 |
| Operating Profit before Non-Recurring Income/(Expense) | (193.5) | (300.1) | (587.3) | (170.8) | (109.1) |
| Financing Income/(Expense) - Net - Total | (115.3) | (117.7) | 21.6 | (103.8) | (158.8) |
| Interest Expense - Net of (Interest Income) | 115.3 | 115.3 | (21.8) | 103.0 | 157.7 |
| Other Operating Expense | — | — | — | 0.0 | — |
| Interest Expense - Net of Capitalized Interest | 115.3 | 115.3 | 115.3 | 112.5 | 165.3 |
| Provision for Doubtful Accounts & Write-off | — | 0.0 | 1.6 | 0.0 | 0.0 |
| Supplementary Adjustments - Operating - Decrease/(Increase) | — | — | — | — | — |
| Non-Interest Financial Income/(Expense) - Total | (0.0) | (2.4) | (0.2) | (0.7) | (1.0) |
| Non-Interest Financial Income/(Expense) - Other - Net | (0.0) | (2.4) | (0.2) | (0.7) | (1.0) |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | 0.9 | 0.8 | 2.0 | 0.0 | (0.4) |
| Equity Earnings/(Loss) - before Taxes including Non-Recurring | — | — | — | 0.0 | (68.9) |
| Other Non-Operating Income/(Expense) - Total | 0.0 | 63.3 | 58.6 | 54.3 | 45.9 |
| Non-Operating Rental Income | 0.0 | 63.3 | 58.6 | 54.3 | 45.9 |
| Supplementary Adjustments - Non-Operating - Decrease/(Increase) | — | — | — | — | — |
| Foreign Exchange Gain/(Loss) - Non-Business | — | — | — | — | — |
| Normalized Pre-tax Profit | (307.9) | (353.7) | (505.1) | (220.3) | (291.2) |
| Non-Recurring Income/Expense - Total | — | — | — | — | — |
| Impairment - Tangible & Intangible Fixed Assets | — | — | — | — | — |
| Impairment - Fixed Assets | — | — | — | — | — |
| Interest Income - Non-Bank | — | — | 137.1 | 9.5 | 7.6 |
| Provision for Income Tax Expense- Unclassified | (26.7) | 12.6 | 78.9 | (47.7) | 12.6 |
| Income before Taxes | (307.9) | (353.7) | (505.1) | (220.3) | (291.2) |
| Income Taxes | (26.7) | 12.6 | 78.9 | (47.7) | 12.6 |
| Income Taxes for the Year - Current | — | — | — | — | — |
| Income Taxes - Other (KFAS/NLST) - Current | — | — | — | — | — |
| Income Taxes - Deferred | — | — | — | — | — |
| Income Taxes - Domestic - Deferred | — | — | — | — | — |
| Income Taxes - Other - Deferred | — | — | — | — | — |
| Net Income after Tax | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) |
| Income before Discontinued Operations & Extraordinary Items | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) |
| Net Income before Minority Interest | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) |
| Net Income after Minority Interest | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) |
| Income Available to Common Shares | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) |
| DPS - Common - Gross - Issue - By Period End Date Rs | — | — | 0.00 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) |
| Income available to Common excluding Extraordinary Items | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) |
| Shares used to calculate Basic EPS - Total mn | 86.6 | 86.6 | 86.6 | 86.6 | 86.6 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) |
| Earnings Allocation Factor - Basic - Issue Specific | — | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Basic EPS - Issue Specific mn | 86.6 | 86.6 | 86.6 | 86.6 | 86.6 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) |
| 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 | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) |
| Diluted Income available to Common excluding Extraordinary Items | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) |
| Shares used to calculate Diluted EPS - Total mn | 86.6 | 86.6 | 86.6 | 86.6 | 86.6 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) |
| Earnings Allocation Factor - Diluted - Issue Specific | — | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Diluted EPS - Issue Specific mn | 86.6 | 86.6 | 86.6 | 86.6 | 86.6 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) |
| 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 |
| DPS - Common - Net - Issue - By Announcement Date Rs | — | — | 0.00 | 0.00 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | (193.5) | (300.1) | (587.3) | (170.8) | (109.1) |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | (67.5) | (166.2) | (446.7) | (47.6) | 17.6 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments | — | — | — | — | — |
| Depreciation & Amortization - Supplemental | 126.0 | 133.8 | 140.6 | 123.1 | 126.7 |
| Depreciation Expense - Total - Supplemental | 126.0 | 133.8 | 140.6 | 123.1 | 126.7 |
| Depreciation - Financial Lease Right-of-Use Assets - Supplemental | — | — | — | — | 4.2 |
| Depreciation, Depletion & Amortization - Total | 126.0 | 133.8 | 140.6 | 123.1 | 126.7 |
| Depreciation - Total | 126.0 | 133.8 | 140.6 | 123.1 | 126.7 |
| Labor & Related Expenses - Total | — | — | — | — | — |
| Labor & Related Expenses - Supplemental | — | — | — | — | — |
| Auditor Fees | — | — | — | — | — |
| Audit-Related Fees | — | — | — | — | — |
| Fees - Other | — | — | — | — | — |
| Normalized after Tax Profit | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) |
| Normalized Net Income from Continuing Operations | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) |
| Normalized Net Income - Bottom Line | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) |
| Earnings before Interest & Taxes (EBIT) - Normalized | (192.6) | (238.3) | (526.8) | (117.2) | (133.5) |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | (66.6) | (104.5) | (386.2) | 5.9 | (6.8) |
| Rental/Operating Lease Expense | — | — | — | — | — |
| Interest Expense | 115.3 | 115.3 | 115.3 | 112.5 | 165.3 |
| Operating Expenses | 266.3 | 342.3 | 907.0 | 1,643.8 | 1,572.5 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 22.2 | 10.4 | 29.7 | 36.6 | 42.7 |
| Income before Taxes & Provision for Loan Losses | (307.9) | (353.7) | (505.1) | (220.3) | (291.2) |
| Cost of Revenue including Operation & Maintenance (Utility) - Total | 240.6 | 197.1 | 877.3 | 1,607.2 | 1,529.8 |
| Cost of Revenues excluding Depreciation | 117.1 | 65.9 | 739.5 | 1,486.6 | 1,405.6 |
| DPS - Common - Gross - Issue - By Payable Date Rs | — | — | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | — | — | 0.00 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | — | — | — | — | — |
| Operating Expenses excluding Non-Cash Charges - Total | 140.3 | 208.4 | 766.4 | 1,520.7 | 1,445.7 |
| Income Available to Common Shares before Depreciation & Amortization | (155.3) | (232.4) | (443.3) | (49.5) | (177.1) |
| Fixed Charges | 115.3 | 115.3 | 115.3 | 112.5 | 165.3 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.29× | 0.35× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | — | — | 0.00 | 0.00 | 0.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.