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Sugar & Allied Industries

MIRKS Mirpurkhas Sugar Mills Limited

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

Last close · 16 Oct 2026

Rs 32.75 -0.27%

Annual · FY2006 – FY2025

Mirpurkhas Sugar Mills Limited (MIRKS) income statement

Mirpurkhas Sugar Mills Limited reported revenue of Rs 12.6 bn for FY2025 (Oct 2024 – Sep 2025), up 5.4% on FY2024. Gross profit came to Rs 1.6 bn, a gross margin of 12.4%. Operating profit was Rs 950.9 mn (an operating margin of 7.5%). Finance cost was Rs 1.2 bn, down 36.5% on FY2024. The loss attributable to shareholders was Rs 251.0 mn, or Rs -3.77 per share.

MIRKS income statement (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
Revenue 12.6 12.0 7.8 4.8 3.9
Cost of revenue (11.1) (11.1) (6.4) (4.4) (3.6)
Gross profit 1.6 0.8 1.4 0.5 0.3
Selling, general & administrative expenses (0.7) (0.6) (0.4) (0.2) (0.2)
Operating profit 1.0 0.2 0.8 0.3 0.3
Finance cost (1.2) (1.8) (1.1) (0.3) (0.2)
Profit before tax (0.3) (2.4) 1.1 0.3 0.2
Taxation 0.0 0.2 (0.2) (0.1) (0.1)
Profit after tax (0.3) (2.2) 0.8 0.2 0.1
Profit attributable to shareholders (0.3) (2.2) 0.8 0.2 0.1
Per share & other
EPS – basic (Rs) Rs (3.77) (39.17) 15.87 3.85 2.65
EPS – diluted (Rs) Rs (3.77) (39.17) 15.87 3.85 2.65
Dividend per share (Rs) Rs 0.00 0.00 0.00 0.00 0.00
EBITDA 1.3 0.6 1.1 0.4 0.4
Depreciation & amortisation 0.4 0.4 0.2 0.1 0.1
Weighted average shares mn 66.6 56.7 52.9 52.9 52.9
MIRKS income statement — 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
Revenue +5.4% +53.9% +61.0% +25.2% -16.7%
Cost of revenue -0.9% +73.8% +47.3% +21.7% -17.4%
Gross profit +90.9% -39.9% +185.2% +69.0% -7.2%
Selling, general & administrative expenses +12.1% +34.2% +76.5% +39.1% -4.2%
Operating profit +281.4% -69.4% +212.1% -11.1% +104.8%
Finance cost -36.5% +64.2% +284.5% +41.1% -36.7%
Profit before tax — -330.2% +251.4% +39.0% —
Taxation — -195.7% +123.1% +27.8% +11.4%
Profit after tax — -364.7% +312.2% +45.1% —
Profit attributable to shareholders — -364.7% +312.2% +45.1% —
Per share & other
EPS – basic (Rs) — -346.7% +312.2% +45.1% —
EPS – diluted (Rs) — -346.7% +312.2% +45.1% —
Dividend per share (Rs) — — — — —
EBITDA +109.1% -40.2% +180.6% -6.3% +64.8%
Depreciation & amortisation -2.6% +57.1% +109.9% +6.6% +8.2%
Weighted average shares — — — — —

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

MIRKS income statement — 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
Revenue 100.0% 100.0% 100.0% 100.0% 100.0%
Cost of revenue (87.6%) (93.2%) (82.5%) (90.1%) (92.7%)
Gross profit 12.4% 6.8% 17.5% 9.9% 7.3%
Selling, general & administrative expenses (5.2%) (4.9%) (5.6%) (5.1%) (4.6%)
Operating profit 7.5% 2.1% 10.5% 5.4% 7.6%
Finance cost (9.3%) (15.4%) (14.4%) (6.0%) (5.3%)
Profit before tax (2.1%) (20.3%) 13.6% 6.2% 5.6%
Taxation 0.1% 1.7% (2.8%) (2.0%) (2.0%)
Profit after tax (2.0%) (18.6%) 10.8% 4.2% 3.6%
Profit attributable to shareholders (2.0%) (18.6%) 10.8% 4.2% 3.6%
Per share & other
EBITDA 10.5% 5.3% 13.6% 7.8% 10.4%
Depreciation & amortisation 3.0% 3.2% 3.1% 2.4% 2.8%

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 119
MIRKS income statement — 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
Revenue from Goods & Services 12.6 12.0 7.8 4.8 3.9
Sales of Goods & Services - Net - Unclassified 12.6 12.0 7.8 4.8 3.9
Revenue Taxes — — — — —
Gross Revenue from Business Activities - Total — — — — —
Revenue from Business Activities - Total 12.6 12.0 7.8 4.8 3.9
Cost of Operating Revenue 11.1 11.1 6.4 4.4 3.6
Cost of Revenues - Total 11.1 11.1 6.4 4.4 3.6
Cost of Revenues - Unclassified 10.7 10.8 6.2 4.3 3.5
Selling, General & Administrative Expenses - Total 0.7 0.6 0.4 0.2 0.2
Selling, General & Administrative Expenses - Unclassified 0.6 0.6 0.4 0.2 0.2
Amortization in Cost of Revenues — — 0.0 0.0 0.0
Depreciation in Cost of Revenues 0.4 0.4 0.2 0.1 0.1
Depreciation in Selling, General & Administrative Expenses 0.0 0.0 0.0 0.0 0.0
Amortization of Intangibles in Selling, General & Administrative Expenses — — 0.0 0.0 0.0
Other Operating Expense/(Income) - Net (0.0) (0.0) 0.1 (0.0) (0.2)
Other Operating Income - Total 0.0 0.0 0.1 0.0 0.2
Gross Profit - Industrials/Property - Total 1.6 0.8 1.4 0.5 0.3
Operating Expenses - Total 11.7 11.7 7.0 4.6 3.6
Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses — — — — —
Selling, General & Administrative Expenses - Other - Total — — — — —
Rental Expense — — — — —
Operating Profit before Non-Recurring Income/(Expense) 1.0 0.2 0.8 0.3 0.3
Financing Income/(Expense) - Net - Total (1.2) (1.9) (1.1) (0.4) (0.2)
Interest Expense - Net of (Interest Income) 1.2 1.8 1.1 0.3 0.2
Other Operating Expense 0.0 0.0 0.2 0.0 0.0
Interest Expense - Net of Capitalized Interest 1.2 1.8 1.1 0.3 0.2
Non-Interest Financial Income/(Expense) - Total (0.0) (0.0) (0.0) (0.1) (0.0)
Non-Interest Financial Income/(Expense) - Other - Net (0.0) (0.0) (0.0) (0.1) (0.0)
Sale of Tangible & Intangible Fixed Assets - Gain/Loss 0.0 0.0 0.5 0.0 0.0
Equity Earnings/(Loss) - before Taxes including Non-Recurring 0.1 (0.7) 0.9 0.4 0.2
Other Non-Operating Income/(Expense) - Total (0.2) (0.2) — — —
Foreign Exchange Gain/(Loss) - Non-Business — — — — —
Normalized Pre-tax Profit (0.3) (2.4) 1.1 0.3 0.2
Non-Recurring Income/Expense - Total — — 0.0 0.0 —
Impairment - Tangible & Intangible Fixed Assets — — — — —
Impairment - Fixed Assets — — — — —
Dividend & Investment Income — — — — —
Provision for Income Tax Expense- Unclassified (0.0) (0.2) 0.2 0.1 0.1
Income before Taxes (0.3) (2.4) 1.1 0.3 0.2
Income Taxes (0.0) (0.2) 0.2 0.1 0.1
Income Taxes for the Year - Current — — — — —
Income Taxes - Deferred — — — — —
Income Taxes - Other (by Type) — — — — —
Derivatives - Hedging - Gain/(Loss) — — 0.0 0.0 —
Net Income after Tax (0.3) (2.2) 0.8 0.2 0.1
Income before Discontinued Operations & Extraordinary Items (0.3) (2.2) 0.8 0.2 0.1
Net Income before Minority Interest (0.3) (2.2) 0.8 0.2 0.1
Net Income after Minority Interest (0.3) (2.2) 0.8 0.2 0.1
Income Available to Common Shares (0.3) (2.2) 0.8 0.2 0.1
DPS - Common - Gross - Issue - By Period End Date Rs 0.00 0.00 0.00 0.00 0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total (0.3) (2.2) 0.8 0.2 0.1
Income available to Common excluding Extraordinary Items (0.3) (2.2) 0.8 0.2 0.1
Shares used to calculate Basic EPS - Total mn 66.6 56.7 52.9 52.9 52.9
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs (3.77) (39.17) 15.87 3.85 2.65
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs (3.77) (39.17) 15.87 3.85 2.65
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs (3.77) (39.17) 15.87 3.32 2.65
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific (0.3) (2.2) 0.8 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 66.6 56.7 52.9 52.9 52.9
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs (3.77) (39.17) 15.87 3.85 2.65
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs (3.77) (39.17) 15.87 3.85 2.65
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs (3.77) (39.17) 15.87 3.32 2.65
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 (0.3) (2.2) 0.8 0.2 0.1
Diluted Income available to Common excluding Extraordinary Items (0.3) (2.2) 0.8 0.2 0.1
Shares used to calculate Diluted EPS - Total mn 66.6 56.7 52.9 52.9 52.9
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs (3.77) (39.17) 15.87 3.85 2.65
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs (3.77) (39.17) 15.87 3.85 2.65
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs (3.77) (39.17) 15.87 3.32 2.65
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific (0.3) (2.2) 0.8 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 66.6 56.7 52.9 52.9 52.9
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs (3.77) (39.17) 15.87 3.85 2.65
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs (3.77) (39.17) 15.87 3.85 2.65
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs (3.77) (39.17) 15.87 3.32 2.65
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) 1.0 0.2 0.8 0.3 0.3
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 1.3 0.6 1.1 0.4 0.4
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments — — — — —
Depreciation & Amortization - Supplemental 0.4 0.4 0.2 0.1 0.1
Depreciation Expense - Total - Supplemental 0.4 0.4 0.2 0.1 0.1
Depreciation - Financial Lease Right-of-Use Assets - Supplemental 0.0 0.0 0.0 0.0 0.0
Amortization - Total - Supplemental — — 0.0 0.0 0.0
Intangible Amortization - Other - Supplemental — — 0.0 0.0 0.0
Amortization of Computer Software - Supplemental — — 0.0 0.0 0.0
Depreciation, Depletion & Amortization - Total 0.4 0.4 0.2 0.1 0.1
Depreciation - Total 0.4 0.4 0.2 0.1 0.1
Amortization of Intangible Assets including Goodwill - Total — — — — —
Amortization of Intangible Assets excluding Goodwill - Total — — 0.0 0.0 0.0
Labor & Related Expenses - Total — — — — —
Labor & Related Expenses - Supplemental — — — — —
Auditor Fees — — — 0.0 0.0
Audit-Related Fees — — — 0.0 0.0
Fees - Other — — — — —
Normalized after Tax Profit (0.3) (2.2) 0.8 0.2 0.1
Normalized Net Income from Continuing Operations (0.3) (2.2) 0.8 0.2 0.1
Normalized Net Income - Bottom Line (0.3) (2.2) 0.8 0.2 0.1
Earnings before Interest & Taxes (EBIT) - Normalized 0.9 (0.6) 2.2 0.6 0.4
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized 1.3 (0.2) 2.4 0.7 0.5
Interest Expense on Financial Lease Liabilities - Supplemental 0.0 0.0 0.0 0.0 0.0
Derivatives - Hedging - Gain/(Loss) - Total - Supplemental — — 0.0 0.0 —
Rental/Operating Lease Expense — — — — —
Interest Expense 1.2 1.8 1.1 0.3 0.2
Operating Expenses 11.7 11.7 7.0 4.6 3.6
Selling, General & Administrative Expenses excluding Research & Development Expenses 0.7 0.6 0.4 0.2 0.2
Income before Taxes & Provision for Loan Losses (0.3) (2.4) 1.1 0.3 0.2
Cost of Revenue including Operation & Maintenance (Utility) - Total 11.1 11.1 6.4 4.4 3.6
Cost of Revenues excluding Depreciation 10.7 10.8 6.2 4.3 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 — — 1.7 0.4 0.3
Operating Expenses excluding Non-Cash Charges - Total 11.3 11.3 6.7 4.5 3.5
Income Available to Common Shares before Depreciation & Amortization 0.1 (1.8) 1.1 0.3 0.2
Fixed Charges 1.2 1.8 1.1 0.3 0.2
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.