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Sugar & Allied Industries

KPUS Khairpur Sugar Mills Limited

Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026

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Last close · 16 Oct 2026

Rs 1,180.36 +10.00%

Annual · FY2015 – FY2025

Khairpur Sugar Mills Limited (KPUS) balance sheet

At the end of FY2025 (Oct 2024 – Sep 2025) Khairpur Sugar Mills Limited had total assets of Rs 10.7 bn, up 21.5% on FY2024. Current assets of Rs 4.2 bn covered current liabilities of Rs 4.0 bn 1.06 times. Total debt was Rs 3.5 bn, net debt Rs 3.3 bn. Shareholders' equity was Rs 5.0 bn (Rs 312.32 per share), 46.8% of total assets.

KPUS balance sheet (annual) (Rs bn)
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
Assets
Cash & short-term investments 0.2 0.1 0.1 0.2 0.1
Trade receivables 0.6 0.0 0.0 0.1 —
Inventories 1.8 2.5 2.5 1.7 1.1
Other current assets 0.0 — — — —
Total current assets 4.2 3.8 3.7 2.8 1.9
Property, plant & equipment 6.4 4.9 5.0 3.3 3.3
Intangible assets 0.0 0.0 0.0 0.0 0.0
Other non-current assets 0.1 0.0 0.0 0.0 0.0
Total non-current assets 6.5 5.0 5.1 3.4 3.3
Total assets 10.7 8.8 8.7 6.1 5.2
Liabilities
Trade payables 0.8 1.1 1.2 0.9 0.6
Short-term borrowings & current portion of debt 3.0 2.2 2.0 2.1 1.8
Total current liabilities 4.0 3.5 3.4 3.1 2.4
Long-term debt 0.5 0.3 0.5 0.0 1.0
Other non-current liabilities — — 0.0 0.0 0.0
Total non-current liabilities 1.7 1.2 1.3 0.3 1.2
Total liabilities 5.7 4.7 4.7 3.5 3.6
Equity
Share capital 0.2 0.2 0.2 0.2 0.2
Reserves & retained earnings 4.8 3.9 3.8 2.5 1.4
Equity attributable to shareholders 5.0 4.1 4.0 2.7 1.6
Non-controlling interest 0.0 0.0 0.0 0.0 0.0
Total equity 5.0 4.1 4.0 2.7 1.6
Total liabilities & equity 10.7 8.8 8.7 6.1 5.2
Key figures
Total debt 3.5 2.5 2.5 2.1 2.8
Net debt / (net cash) 3.3 2.4 2.5 1.9 2.7
Shares outstanding mn 16.0 16.0 16.0 16.0 16.0
Common equity 5.0 4.1 4.0 2.7 1.6
Book value per share (Rs) Rs 312.32 253.78 250.05 167.09 97.59
KPUS balance sheet — year-on-year change (Rs mn)
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
Assets
Cash & short-term investments +51.7% +185.0% -71.3% +90.4% +84.1%
Trade receivables — -100.0% -78.5% — —
Inventories -26.3% -1.6% +47.3% +57.7% +83.4%
Other current assets — — — — —
Total current assets +9.7% +4.3% +32.0% +43.6% +46.9%
Property, plant & equipment +29.9% -2.5% +51.2% +2.6% +39.6%
Intangible assets -5.0% -5.0% -5.0% +38.3% -5.0%
Other non-current assets +193.9% +84.5% -4.8% +317.1% -18.8%
Total non-current assets +30.6% -2.3% +50.8% +2.9% +39.4%
Total assets +21.5% +0.5% +42.3% +18.1% +42.1%
Liabilities
Trade payables -27.5% -10.2% +31.7% +60.9% +27.2%
Short-term borrowings & current portion of debt +38.8% +8.6% -3.8% +14.5% +38.8%
Total current liabilities +11.9% +3.3% +8.9% +30.6% +33.5%
Long-term debt +37.3% -33.4% +1,212.9% -95.9% +14.2%
Other non-current liabilities — — — -100.0% -2.3%
Total non-current liabilities +44.8% -9.9% +302.9% -73.5% +36.9%
Total liabilities +20.1% -0.4% +36.6% -4.7% +34.6%
Equity
Share capital 0.0% 0.0% 0.0% 0.0% 0.0%
Reserves & retained earnings +24.0% +1.6% +52.8% +79.4% +76.0%
Equity attributable to shareholders +23.1% +1.5% +49.6% +71.2% +63.3%
Non-controlling interest — — — — —
Total equity +23.1% +1.5% +49.6% +71.2% +63.3%
Total liabilities & equity +21.5% +0.5% +42.3% +18.1% +42.1%
Key figures
Total debt +38.6% -0.0% +18.8% -23.6% +29.2%
Net debt / (net cash) +37.8% -3.8% +27.1% -27.5% +27.9%
Shares outstanding — — — — —
Common equity +23.1% +1.5% +49.6% +71.2% +63.3%
Book value per share (Rs) +23.1% +1.5% +49.6% +71.2% +63.3%

Change against the previous fiscal year; shown when the earlier figure is positive.

KPUS balance sheet — common size (Rs mn)
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
Assets
Cash & short-term investments 2.0% 1.6% 0.6% 2.9% 1.8%
Trade receivables 5.5% 0.0% 0.1% 0.9% —
Inventories 17.1% 28.2% 28.8% 27.8% 20.8%
Other current assets 0.1% — — — —
Total current assets 39.4% 43.7% 42.1% 45.3% 37.3%
Property, plant & equipment 59.9% 56.0% 57.7% 54.3% 62.5%
Intangible assets 0.1% 0.1% 0.1% 0.1% 0.1%
Other non-current assets 0.7% 0.3% 0.1% 0.2% 0.1%
Total non-current assets 60.6% 56.3% 57.9% 54.7% 62.7%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Trade payables 7.1% 11.9% 13.4% 14.4% 10.6%
Short-term borrowings & current portion of debt 28.1% 24.6% 22.7% 33.6% 34.7%
Total current liabilities 37.1% 40.3% 39.2% 51.1% 46.3%
Long-term debt 4.4% 3.9% 5.9% 0.6% 18.3%
Other non-current liabilities — — 0.0% 0.0% 0.2%
Total non-current liabilities 16.1% 13.5% 15.1% 5.3% 23.7%
Total liabilities 53.2% 53.8% 54.2% 56.5% 70.0%
Equity
Share capital 1.5% 1.8% 1.8% 2.6% 3.1%
Reserves & retained earnings 45.3% 44.4% 44.0% 40.9% 26.9%
Equity attributable to shareholders 46.8% 46.2% 45.8% 43.5% 30.0%
Non-controlling interest 0.0% 0.0% 0.0% 0.0% 0.0%
Total equity 46.8% 46.2% 45.8% 43.5% 30.0%
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Total debt 32.5% 28.5% 28.6% 34.3% 52.9%
Net debt / (net cash) 30.4% 26.8% 28.0% 31.4% 51.2%
Common equity 46.8% 46.2% 45.8% 43.5% 30.0%

Each line as a percentage of total assets.

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 104
KPUS balance sheet — all reported line items (Rs bn)
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
Cash & Cash Equivalents 0.2 0.1 0.0 0.2 0.1
Cash & Short Term Investments 0.2 0.1 0.1 0.2 0.1
Short-Term Investments - Total 0.0 0.1 0.0 — —
Loans & Receivables - Net - Short-Term 2.0 0.9 0.8 0.7 0.5
Loans & Receivables - Total 2.0 0.9 0.8 0.7 0.5
Trade Accounts & Trade Notes Receivable - Net 0.6 0.0 0.0 0.1 —
Loans - Short-Term 1.4 0.9 0.8 0.6 0.5
Inventories - Total 1.8 2.5 2.5 1.7 1.1
Inventories - Raw Materials 0.2 0.3 0.3 0.2 0.1
Inventories - Finished Goods 1.6 2.2 2.2 1.6 0.9
Prepaid Expenses - Short-Term 0.1 0.3 0.3 0.2 0.2
Investments - Total 0.0 0.1 0.0 — —
Other Current Assets - Total 0.0 — — — —
Property, Plant & Equipment - Net - Total 6.4 4.9 5.0 3.3 3.3
Other Current Assets 0.0 — — — —
Other Assets - Total 0.1 0.0 0.0 0.0 0.0
Intangible Assets - Total - Net 0.0 0.0 0.0 0.0 0.0
Total Current Assets 4.2 3.8 3.7 2.8 1.9
Intangible Assets - excluding Goodwill - Net - Total 0.0 0.0 0.0 0.0 0.0
Total Assets 10.7 8.8 8.7 6.1 5.2
Debt - Total 3.5 2.5 2.5 2.1 2.8
Short-Term Debt & Current Portion of Long-Term Debt 3.0 2.2 2.0 2.1 1.8
Current Portion of Long-Term Debt including Capitalized Leases 0.1 0.0 0.0 0.0 0.1
Capitalized Leases - Current Portion 0.1 0.0 0.0 0.0 0.0
Short-Term Debt & Notes Payable 2.9 2.1 2.0 2.0 1.7
Debt - Long-Term - Total 0.5 0.3 0.5 0.0 1.0
Current Portion of Long-Term Debt excluding Capitalized Leases — — 0.0 0.0 0.1
Capitalized Lease Obligations - Long-Term 0.2 0.0 0.0 0.0 0.0
Long-Term Debt excluding Capitalized Leases 0.2 0.3 0.5 0.0 0.9
Other Non-Current Assets - Total 0.1 0.0 0.0 0.0 0.0
Debt - Non-Convertible - Long-Term 0.2 0.3 0.5 0.0 0.9
Deferred Tax - Asset - Long-Term — — — — —
Deferred Tax & Investment Tax Credits - Long-Term 1.2 0.8 0.8 0.3 0.3
Deferred Tax - Liability - Long-Term 1.2 0.8 0.8 0.3 0.3
Payables & Accrued Expenses 0.8 1.1 1.2 0.9 0.6
Trade Account Payables - Total 0.8 1.1 1.2 0.9 0.6
Other Non-Current Assets 0.1 0.0 0.0 0.0 0.0
Total Liabilities 5.7 4.7 4.7 3.5 3.6
Shareholders' Equity - Attributable to Parent Shareholders - Total 5.0 4.1 4.0 2.7 1.6
Total Non-Current Assets 6.5 5.0 5.1 3.4 3.3
Common Equity Attributable to Parent Shareholders 5.0 4.1 4.0 2.7 1.6
Common Equity - Contributed 0.2 0.2 0.2 0.2 0.2
Common Stock - Issued & Paid 0.2 0.2 0.2 0.2 0.2
Equity - Non-Contributed - Reserves & Retained Earnings 4.8 3.9 3.8 2.5 1.4
Retained Earnings - Total 0.6 0.4 0.2 0.2 0.2
Trade Accounts Payable & Accruals - Short-Term 0.8 1.1 1.2 0.9 0.6
Comprehensive Income - Accumulated - Total 3.1 2.4 2.5 1.2 1.2
Trade Accounts & Trade Notes Payable - Short-Term 0.8 1.1 1.2 0.9 0.6
Other Reserves/Equity - Total 1.1 1.1 1.1 1.1 —
Income Taxes - Payable - Short-Term 0.0 0.0 0.1 0.1 0.0
Other Current Liabilities - Total 0.2 0.3 0.2 0.1 0.0
Common Equity - Total 5.0 4.1 4.0 2.7 1.6
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 5.0 4.1 4.0 2.7 1.6
Total Liabilities & Equity 10.7 8.8 8.7 6.1 5.2
Other Current Liabilities 0.2 0.3 0.2 0.1 0.0
Revaluation Reserves 3.1 2.4 2.5 1.2 1.2
Total Current Liabilities 4.0 3.5 3.4 3.1 2.4
Other Non-Current Liabilities - Total — — 0.0 0.0 0.0
Deferred Revenue - Long-Term — — 0.0 0.0 0.0
Total Non-Current Liabilities 1.7 1.2 1.3 0.3 1.2
Common Shares - Issued - Total mn 16.0 16.0 16.0 16.0 16.0
Common Shares - Outstanding - Total mn 16.0 16.0 16.0 16.0 16.0
Common Shares - Treasury - Total mn 0.0 0.0 0.0 0.0 0.0
Common Shares - Issued - Issue Specific mn 16.0 16.0 16.0 16.0 16.0
Common Shares - Outstanding - Issue Specific mn 16.0 16.0 16.0 16.0 16.0
Common Shares - Treasury - Issue Specific mn 0.0 0.0 0.0 0.0 0.0
Asset Allocation Factor - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Finance and Operating Lease Liabilities - Total - Supplemental 0.3 0.1 0.0 0.0 0.0
Debt including Finance and Operating Lease Liabilities - Supplemental 3.5 2.5 2.5 2.1 2.8
Net Debt 3.3 2.4 2.5 1.9 2.7
Asset Accruals 10.5 8.7 8.7 6.0 5.1
Cash & Cash Equivalents - Total 0.2 0.1 0.0 0.2 0.1
Cash & Short Term Investments - Total 0.2 0.1 0.1 0.2 0.1
Debt - including Preferred Equity & Minority Interest - Total 3.5 2.5 2.5 2.1 2.8
Net Book Capital 8.3 6.4 6.5 4.6 4.2
Net Operating Assets 8.3 6.4 6.5 4.6 4.2
Provisions - Total 1.2 0.8 0.8 0.3 0.3
Shareholders Equity - Common 5.0 4.1 4.0 2.7 1.6
Tangible Total Equity 5.0 4.1 4.0 2.7 1.6
Tangible Book Value 5.0 4.1 4.0 2.7 1.6
Total Book Capital 8.5 6.6 6.5 4.8 4.3
Total Capital 8.5 6.6 6.5 4.8 4.3
Total Long Term Capital 6.7 5.3 5.3 3.0 2.8
Unearned Revenue - Total — — 0.0 0.0 0.0
Book Value excluding Other Equity 3.9 2.9 2.9 1.5 1.6
Income Taxes - Payable - Long-Term & Short-Term 0.0 0.0 0.1 0.1 0.0
Accruals - Short-Term 0.0 0.2 0.2 (0.5) (0.6)
Cash & Short Term Investments - Net of Debt (3.3) (2.4) (2.5) (1.9) (2.7)
Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments 0.1 0.0 0.0 0.0 0.1
Total Fixed Assets - Net 6.5 5.0 5.1 3.4 3.3
Working Capital 0.3 0.3 0.3 (0.4) (0.5)
Interest Bearing Liabilities - Total 3.5 2.5 2.5 2.1 2.8
Working Capital - Non-Cash 0.0 0.2 0.2 (0.5) (0.6)
Working Capital excluding Other Current Assets & Liabilities 0.4 0.6 0.5 (0.3) (0.4)
Net Debt Including Preferred Equity & Minority Interest 3.3 2.4 2.5 1.9 2.7
Other Short-Term & Long-Term Assets - Total 0.1 0.0 0.0 0.0 0.0
Other Short-Term & Long-Term Liabilities - Total 0.2 0.3 0.2 0.1 0.0
Total Current Assets excluding Total Inventories 2.4 1.4 1.2 1.1 0.9
Tangible Book Value excluding Other Equity 3.9 2.9 2.9 1.5 1.6
Total Debt Excluding Islamic 3.5 2.5 2.5 2.1 2.8
Trade Accounts & Trade Notes Receivable - Net - Total 0.6 0.0 0.0 0.1 —
Current Liabilities excluding Current Debt - Total 1.0 1.4 1.4 1.1 0.6
Current Assets excluding Cash & Short Term Investments - Total 4.0 3.7 3.6 2.6 1.8
Cash, Short Term Investments & Accounts Receivable - Total 0.8 0.1 0.1 0.2 —

Every line the company reported, in the original order and wording, without regrouping or signs changed.