MIRKS Mirpurkhas Sugar Mills Limited
Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 31.32 -4.63%
Financials
Mirpurkhas Sugar Mills Limited (MIRKS) financials
20 years of annual results (FY2006 – FY2025), 80 quarters.
Mirpurkhas Sugar Mills Limited (MIRKS) reported revenue of Rs 12.6 bn for FY2025 (Oct 2024 – Sep 2025), up 5.4% from FY2024.
It made a loss of Rs 251.0 mn attributable to shareholders (EPS Rs -3.77), a net margin of -2.0%.
No cash dividend was declared for FY2025.
Net debt stood at Rs 8.1 bn.
Return on equity was -9.5%.
Over the last five years revenue grew at a compound 22.2% a year.
At Rs 31.32 (close on 16 Oct 2026) the shares trade at 0.84× book value.
Fundamentals
MIRKS at a glance
Revenue · FY2025
Rs 12.6 bn
▲ 5.4% year on year
Profit attributable to shareholders · FY2025
-Rs 251.0 mn
EPS – basic (Rs) · FY2025
Rs -3.77
Dividend per share (Rs) · FY2025
Rs 0.00
Net margin · FY2025
-2.0%
+16.6 pts year on year
Debt to equity · FY2025
326.0%
-21.4 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 12.6 bn
- Profit attributable · FY2025
- -Rs 251.0 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 14.0 bn
- Equity · FY2025
- Rs 2.8 bn
Financial highlights
MIRKS 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 | FY2020 Oct 2019 – Sep 2020 | FY2019 Oct 2018 – Sep 2019 | FY2018 Oct 2017 – Sep 2018 | FY2017 Oct 2016 – Sep 2017 | FY2016 Oct 2015 – Sep 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.6 | 12.0 | 7.8 | 4.8 | 3.9 | 4.6 | 3.7 | 4.2 | 2.8 | 3.8 |
| Gross profit | 1.6 | 0.8 | 1.4 | 0.5 | 0.3 | 0.3 | 0.6 | 0.4 | (0.0) | 0.3 |
| Operating profit | 1.0 | 0.2 | 0.8 | 0.3 | 0.3 | 0.1 | 0.5 | (0.1) | (0.2) | 0.3 |
| Profit after tax | (0.3) | (2.2) | 0.8 | 0.2 | 0.1 | (0.1) | 0.3 | 0.1 | (0.3) | 0.2 |
| Profit attributable to shareholders | (0.3) | (2.2) | 0.8 | 0.2 | 0.1 | (0.1) | 0.3 | 0.1 | (0.3) | 0.2 |
| EPS – basic (Rs) Rs | (3.77) | (39.17) | 15.87 | 3.85 | 2.65 | (2.19) | 5.71 | 1.32 | (5.13) | 2.84 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.35 | 0.00 | 1.97 |
| Total assets | 14.0 | 13.8 | 13.8 | 10.2 | 7.7 | 6.4 | 5.8 | 6.5 | 7.4 | 5.3 |
| Total equity | 2.8 | 2.5 | 4.1 | 3.1 | 3.2 | 2.8 | 2.0 | 2.2 | 2.5 | 2.9 |
| Total debt | 9.1 | 8.7 | 7.4 | 4.8 | 3.3 | 2.3 | 2.6 | 3.1 | 3.9 | 1.4 |
| Net cash from operating activities | 0.1 | (1.5) | (1.6) | (0.4) | (0.5) | 0.2 | 0.5 | 0.7 | (2.3) | 0.3 |
| Capital expenditure | (0.6) | (0.2) | (1.2) | (2.4) | (1.3) | (0.2) | (0.2) | (0.1) | (0.2) | (0.4) |
| Free cash flow (operating cash flow − capex) | (0.4) | (1.6) | (2.8) | (2.8) | (1.7) | 0.0 | 0.4 | 0.5 | (2.4) | (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 | 11.8 | 3.5 | 3.0 | 2.3 | 3.0 | 3.9 | 2.4 | 3.2 | 3.0 |
| Gross profit | 1.3 | 0.3 | 0.6 | 0.2 | 0.2 | 0.6 | 0.3 | 0.4 | (0.2) |
| Operating profit | 0.6 | 0.2 | 0.4 | 0.0 | 0.1 | 0.5 | 0.2 | 0.3 | (0.3) |
| Profit after tax | (0.4) | (0.2) | 0.2 | (0.2) | (0.2) | 0.2 | (0.2) | (0.1) | (1.1) |
| Profit attributable to shareholders | (0.4) | (0.2) | 0.2 | (0.2) | (0.2) | 0.2 | (0.2) | (0.1) | (1.1) |
| EPS – basic (Rs) Rs | (6.17) | (2.81) | 2.58 | (2.60) | (3.34) | 3.39 | (2.92) | (0.90) | (40.76) |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 16.1 | 16.1 | 18.9 | 14.8 | 14.0 | 15.3 | 17.0 | 15.1 | 13.8 |
| Total equity | 2.5 | 2.5 | 2.4 | 2.5 | 2.8 | 2.8 | 2.4 | 2.8 | 2.5 |
| Total debt | 11.1 | 11.1 | 13.2 | 9.9 | 9.1 | 9.9 | 11.9 | 9.5 | 8.7 |
| Net cash from operating activities | (1.0) | 1.6 | (3.0) | (0.5) | 0.9 | 2.1 | (2.2) | (0.6) | 0.9 |
| Capital expenditure | (0.6) | (0.1) | (0.2) | (0.3) | (0.1) | (0.2) | (0.2) | (0.1) | (0.0) |
| Free cash flow (operating cash flow − capex) | (1.6) | 1.6 | (3.2) | (0.8) | 0.8 | 1.9 | (2.3) | (0.8) | 0.9 |
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.