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Textile Composite

QUET Quetta Textile Mills Limited

Latest results: FY2025 · Jun 2025

Watch QUET · free results alerts

Last close · 16 Oct 2026

Rs 14.30 -0.21%

Annual · FY2007 – FY2025

Quetta Textile Mills Limited (QUET) balance sheet

At the end of FY2025 (Jul 2024 – Jun 2025) Quetta Textile Mills Limited had total assets of Rs 14.2 bn, down 4.5% on FY2024. Current assets of Rs 4.3 bn covered current liabilities of Rs 12.0 bn 0.35 times. Total debt was Rs 4.5 bn, net debt Rs 4.4 bn. Shareholders' equity was Rs 1.6 bn (Rs 125.09 per share), 11.5% of total assets.

QUET balance sheet (annual) (Rs bn)
Rs bn FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 Jul 2021 – Jun 2022 FY2021 Jul 2020 – Jun 2021
Assets
Cash & short-term investments 0.1 0.1 0.1 0.2 0.1
Trade receivables 0.3 0.1 0.1 0.2 0.2
Inventories 3.1 3.5 3.5 4.4 2.6
Other current assets — — — — —
Total current assets 4.3 4.5 4.5 5.4 3.4
Property, plant & equipment 9.8 10.3 10.4 10.6 5.6
Intangible assets — — 0.0 0.0 0.0
Long-term investments — — — — —
Other non-current assets 0.1 0.1 0.1 0.0 0.0
Total non-current assets 9.9 10.3 10.5 10.6 5.6
Total assets 14.2 14.8 15.0 16.1 9.0
Liabilities
Trade payables 6.7 6.0 5.3 5.2 3.3
Short-term borrowings & current portion of debt 4.0 3.9 4.0 4.0 3.9
Total current liabilities 12.0 11.0 10.4 10.5 8.4
Long-term debt 0.5 0.6 0.5 0.6 0.7
Other non-current liabilities 0.0 0.0 0.1 0.2 0.2
Total non-current liabilities 0.5 0.6 0.6 0.7 0.9
Total liabilities 12.6 11.6 11.0 11.2 9.2
Equity
Share capital 0.1 0.1 0.1 0.1 0.1
Reserves & retained earnings 0.8 3.1 3.9 4.8 (0.4)
Equity attributable to shareholders 1.6 3.3 4.0 4.9 (0.3)
Non-controlling interest 0.0 0.0 0.0 0.0 0.0
Total equity 1.6 3.3 4.0 4.9 (0.3)
Total liabilities & equity 14.2 14.8 15.0 16.1 9.0
Key figures
Total debt 4.5 4.5 4.5 4.5 4.6
Net debt / (net cash) 4.4 4.3 4.4 4.4 4.5
Shares outstanding mn 13.0 13.0 13.0 13.0 13.0
Common equity 1.6 3.3 4.0 4.9 (0.3)
Book value per share (Rs) Rs 125.09 251.55 306.73 376.61 (20.77)
QUET balance sheet — year-on-year change (Rs mn)
Rs mn FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 Jul 2021 – Jun 2022 FY2021 Jul 2020 – Jun 2021
Assets
Cash & short-term investments -39.4% -9.9% -10.3% +94.1% -3.6%
Trade receivables +83.5% +13.9% -19.9% -25.2% +42.8%
Inventories -10.4% -1.1% -19.3% +66.6% +49.6%
Other current assets — — — — —
Total current assets -5.9% +0.3% -17.0% +61.7% +39.8%
Property, plant & equipment -4.0% -1.8% -1.5% +90.6% -2.7%
Intangible assets — — -100.0% -57.1% -36.4%
Long-term investments — — — — —
Other non-current assets +4.6% +17.0% +30.1% +18.4% +0.0%
Total non-current assets -3.9% -1.7% -1.4% +90.1% -2.7%
Total assets -4.5% -1.1% -6.7% +79.5% +9.8%
Liabilities
Trade payables +10.8% +12.9% +1.7% +58.8% +48.6%
Short-term borrowings & current portion of debt +2.7% -3.3% +0.3% +3.3% -8.8%
Total current liabilities +9.7% +5.3% -0.3% +25.1% +10.4%
Long-term debt -19.0% +12.5% -6.4% -20.2% +108.3%
Other non-current liabilities +55.6% -63.8% -52.2% -0.8% +16.5%
Total non-current liabilities -15.1% +1.3% -17.9% -16.1% +78.4%
Total liabilities +8.4% +5.0% -1.5% +21.2% +14.6%
Equity
Share capital 0.0% 0.0% 0.0% 0.0% 0.0%
Reserves & retained earnings -73.1% -18.6% -19.1% — —
Equity attributable to shareholders -50.3% -18.0% -18.6% — -368.1%
Non-controlling interest — — — — —
Total equity -50.3% -18.0% -18.6% — -368.1%
Total liabilities & equity -4.5% -1.1% -6.7% +79.5% +9.8%
Key figures
Total debt -0.1% -1.5% -0.5% -0.3% -0.3%
Net debt / (net cash) +1.0% -1.2% -0.2% -2.0% -0.2%
Shares outstanding — — — — —
Common equity -50.3% -18.0% -18.6% — -368.1%
Book value per share (Rs) -50.3% -18.0% -18.6% — -368.1%

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

QUET balance sheet — common size (Rs mn)
Rs mn FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 Jul 2021 – Jun 2022 FY2021 Jul 2020 – Jun 2021
Assets
Cash & short-term investments 0.5% 0.8% 0.9% 1.0% 0.9%
Trade receivables 1.9% 1.0% 0.9% 1.0% 2.4%
Inventories 22.2% 23.6% 23.6% 27.3% 29.4%
Other current assets — — — — —
Total current assets 30.1% 30.5% 30.1% 33.8% 37.5%
Property, plant & equipment 69.5% 69.1% 69.6% 65.9% 62.1%
Intangible assets — — 0.0% 0.0% 0.0%
Long-term investments — — — — —
Other non-current assets 0.4% 0.4% 0.3% 0.2% 0.4%
Total non-current assets 69.9% 69.5% 69.9% 66.2% 62.5%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Trade payables 47.0% 40.5% 35.5% 32.6% 36.8%
Short-term borrowings & current portion of debt 28.1% 26.1% 26.7% 24.8% 43.2%
Total current liabilities 84.9% 73.8% 69.4% 65.0% 93.2%
Long-term debt 3.3% 3.9% 3.4% 3.4% 7.7%
Other non-current liabilities 0.4% 0.2% 0.6% 1.2% 2.1%
Total non-current liabilities 3.7% 4.1% 4.0% 4.6% 9.8%
Total liabilities 88.5% 78.0% 73.4% 69.6% 103.0%
Equity
Share capital 0.9% 0.9% 0.9% 0.8% 1.5%
Reserves & retained earnings 6.0% 21.1% 25.7% 29.6% (4.5%)
Equity attributable to shareholders 11.5% 22.0% 26.6% 30.4% (3.0%)
Non-controlling interest 0.0% 0.0% 0.0% 0.0% 0.0%
Total equity 11.5% 22.0% 26.6% 30.4% (3.0%)
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Total debt 31.4% 30.0% 30.1% 28.3% 50.9%
Net debt / (net cash) 30.9% 29.2% 29.2% 27.3% 50.0%
Common equity 11.5% 22.0% 26.6% 30.4% (3.0%)

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. Updated 15 Oct 2026.

All reported line items 152
QUET balance sheet — all reported line items (Rs bn)
Rs bn FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023 FY2022 Jul 2021 – Jun 2022 FY2021 Jul 2020 – Jun 2021
Cash & Cash Equivalents 0.0 0.0 0.0 0.0 0.1
Cash & Short Term Investments 0.1 0.1 0.1 0.2 0.1
Short-Term Investments - Total 0.1 0.1 0.1 0.1 0.0
Financial Assets - Short-Term 0.1 0.1 0.1 0.1 0.0
Loans & Receivables - Net - Short-Term 1.0 0.8 0.8 0.8 0.6
Loans & Receivables - Total 1.0 0.8 0.8 0.8 0.6
Trade Accounts & Trade Notes Receivable - Net 0.3 0.1 0.1 0.2 0.2
Loans - Short-Term — — — — —
Income Tax - Receivables - Short-Term 0.7 0.7 0.6 0.7 0.3
Receivables - Other - Total — — — — —
Inventories - Total 3.1 3.5 3.5 4.4 2.6
Inventories - Raw Materials 0.6 0.6 0.6 0.5 0.4
Inventories - Work in Progress — — — — —
Inventories - Finished Goods — — — — —
Inventories - Other - Total 2.6 2.9 2.9 3.9 2.2
Prepaid Expenses - Short-Term 0.1 0.1 0.1 0.1 0.1
Investments - Total 0.1 0.1 0.1 0.1 0.0
Other Current Assets - Total — — — — —
Property, Plant & Equipment - Net - Total 9.8 10.3 10.4 10.6 5.6
Property, Plant & Equipment - Gross - Total — — — — —
Property, Plant & Equipment - Accumulated Depreciation & Impairment - Total — — — — —
Other Current Assets — — — — —
Other Assets - Total 0.1 0.1 0.1 0.0 0.0
Intangible Assets - Total - Net — — 0.0 0.0 0.0
Total Current Assets 4.3 4.5 4.5 5.4 3.4
Investments - Long-Term — — — — —
Investments - Available for Sale/Held to Maturity - Long-Term — — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Net - Total — — — — —
Land & Buildings - Net — — — — —
Land/Improvements - Net — — — — —
Buildings - Net — — — — —
Leasehold Improvements - Net — — — — —
Plant, Machinery & Equipment - Net — — — — —
Transportation Equipment - Net — — — — —
Construction in Progress - Net — — — — —
Property, Plant & Equipment - Other - Net — — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Gross — — — — —
Land & Buildings - Gross — — — — —
Land/Improvements - Gross — — — — —
Buildings - Gross — — — — —
Leasehold Improvements - Gross — — — — —
Plant, Machinery & Equipment - Gross — — — — —
Transportation Equipment - Gross — — — — —
Construction in Progress - Gross — — — — —
Total Assets 14.2 14.8 15.0 16.1 9.0
Property, Plant & Equipment - Other - Gross — — — — —
Debt - Total 4.5 4.5 4.5 4.5 4.6
Short-Term Debt & Current Portion of Long-Term Debt 4.0 3.9 4.0 4.0 3.9
Property, Plant & Equipment - excluding Assets Leased Out - Accumulated Depreciation & Impairment - Total — — — — —
Land & Buildings - Accumulated Depreciation & Impairment — — — — —
Land/Improvements - Accumulated Depreciation & Impairment — — — — —
Buildings - Accumulated Depreciation & Impairment — — — — —
Leasehold Improvements - Accumulated Depreciation & Impairment — — — — —
Current Portion of Long-Term Debt including Capitalized Leases 2.1 2.0 1.9 1.9 1.9
Plant, Machinery & Equipment - Accumulated Depreciation & Impairment — — — — —
Transportation Equipment - Accumulated Depreciation & Impairment — — — — —
Capitalized Leases - Current Portion 0.0 0.0 0.0 0.0 0.0
Short-Term Debt & Notes Payable 1.9 1.9 2.1 2.1 2.0
Debt - Long-Term - Total 0.5 0.6 0.5 0.6 0.7
Property, Plant & Equipment - Other - Accumulated Depreciation & Impairment — — — — —
Current Portion of Long-Term Debt excluding Capitalized Leases 2.1 2.0 1.9 1.9 1.9
Capitalized Lease Obligations - Long-Term 0.0 0.0 0.0 0.0 0.0
Long-Term Debt excluding Capitalized Leases 0.5 0.6 0.5 0.6 0.7
Other Non-Current Assets - Total 0.1 0.1 0.1 0.0 0.0
Debt - Non-Convertible - Long-Term 0.5 0.6 0.5 0.6 0.7
Dividends Payable 0.0 0.0 0.0 0.0 0.0
Payables & Accrued Expenses 6.7 6.0 5.3 5.2 3.3
Trade Account Payables - Total 6.7 6.0 5.3 5.2 3.3
Other Non-Current Assets 0.1 0.1 0.1 0.0 0.0
Accrued Expenses — — — — —
Total Liabilities 12.6 11.6 11.0 11.2 9.2
Shareholders' Equity - Attributable to Parent Shareholders - Total 1.6 3.3 4.0 4.9 (0.3)
Total Non-Current Assets 9.9 10.3 10.5 10.6 5.6
Common Equity Attributable to Parent Shareholders 1.6 3.3 4.0 4.9 (0.3)
Common Equity - Contributed 0.8 0.1 0.1 0.1 0.1
Common Stock - Issued & Paid 0.1 0.1 0.1 0.1 0.1
Equity - Non-Contributed - Reserves & Retained Earnings 0.8 3.1 3.9 4.8 (0.4)
Retained Earnings - Total (6.5) (4.2) (3.5) (2.7) (2.8)
Trade Accounts Payable & Accruals - Short-Term 6.7 6.0 5.3 5.2 3.3
Comprehensive Income - Accumulated - Total 7.0 7.1 7.2 7.3 2.2
Trade Accounts & Trade Notes Payable - Short-Term 6.7 6.0 5.3 5.2 3.3
Accrued Expenses - Short-Term — — — — —
Other Reserves/Equity - Total 0.3 0.2 0.2 0.2 0.2
Dividends/Distributions Payable 0.0 0.0 0.0 0.0 0.0
Other Current Liabilities - Total 1.4 1.1 1.1 1.2 1.2
Common Equity - Total 1.6 3.3 4.0 4.9 (0.3)
Common Stock - Additional Paid in Capital including Option Reserve 0.7 — — — —
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 1.6 3.3 4.0 4.9 (0.3)
Total Liabilities & Equity 14.2 14.8 15.0 16.1 9.0
Provisions - Short-Term 0.3 0.0 0.0 0.1 0.1
Other Current Liabilities 1.0 1.0 1.0 1.2 1.1
Revaluation Reserves 7.0 7.1 7.2 7.3 2.2
Total Current Liabilities 12.0 11.0 10.4 10.5 8.4
Other Non-Current Liabilities - Total 0.0 0.0 0.1 0.2 0.2
Other Non-Current Liabilities 0.0 0.0 0.1 0.2 0.2
Total Non-Current Liabilities 0.5 0.6 0.6 0.7 0.9
Common Shares - Issued - Total mn 13.0 13.0 13.0 13.0 13.0
Common Shares - Outstanding - Total mn 13.0 13.0 13.0 13.0 13.0
Common Shares - Treasury - Total mn 0.0 0.0 0.0 0.0 0.0
Common Shares - Authorized - Issue Specific mn 20.0 200.0 20.0 20.0 20.0
Common Shares - Issued - Issue Specific mn 13.0 13.0 13.0 13.0 13.0
Common Shares - Outstanding - Issue Specific mn 13.0 13.0 13.0 13.0 13.0
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 0.0 0.0 0.0 0.0 0.0
Debt including Finance and Operating Lease Liabilities - Supplemental 4.5 4.5 4.5 4.5 4.6
Net Debt 4.4 4.3 4.4 4.4 4.5
Islamic Debt - Long-Term & Short-Term — — — — —
Debt - Long-Term - Maturities - Total — — — — —
Debt - Long-Term - Maturities - within 1 Year — — — — —
Debt - Long-Term - Maturities - Year 5 — — — — —
Capital Lease Maturities - Total — — — — —
Debt - Long-Term - Maturities - 4-5 Years — — — — —
Capital Lease Maturities - Due within 1 Year — — — — —
Capital Lease Maturities - Due in Year 5 — — — — —
Capital Lease Maturities - Interest Costs — — — — —
Capital Lease Maturities - Due in 4-5 Years — — — — —
Preferred Shares - Authorized - Issue Specific mn — — — — —
Asset Accruals 14.2 14.8 15.0 16.0 8.9
Cash & Cash Equivalents - Total 0.0 0.0 0.0 0.0 0.1
Cash & Short Term Investments - Total 0.1 0.1 0.1 0.2 0.1
Debt - including Preferred Equity & Minority Interest - Total 4.5 4.5 4.5 4.5 4.6
Investments - Permanent — — — — —
Net Book Capital 6.0 7.6 8.4 9.3 4.2
Net Operating Assets 6.0 7.6 8.4 9.3 4.2
Provisions - Total 0.3 0.0 0.0 0.1 0.1
Shareholders Equity - Common 1.6 3.3 4.0 4.9 (0.3)
Tangible Total Equity 1.6 3.3 4.0 4.9 (0.3)
Tangible Book Value 1.6 3.3 4.0 4.9 (0.3)
Total Book Capital 6.1 7.7 8.5 9.4 4.3
Total Capital 6.1 7.7 8.5 9.4 4.3
Total Long Term Capital 2.1 3.9 4.6 5.6 0.6
Book Value excluding Other Equity 1.3 3.1 3.8 4.7 (0.5)
Accruals - Short-Term (7.8) (6.4) (5.9) (5.0) (5.1)
Cash & Short Term Investments - Net of Debt (4.4) (4.3) (4.4) (4.4) (4.5)
Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments 2.1 2.0 1.9 1.9 1.9
Total Fixed Assets - Net 9.9 10.3 10.5 10.6 5.6
Working Capital (7.8) (6.4) (5.9) (5.0) (5.0)
Interest Bearing Liabilities - Total 4.5 4.5 4.5 4.5 4.6
Working Capital - Non-Cash (7.8) (6.6) (6.0) (5.2) (5.1)
Working Capital excluding Other Current Assets & Liabilities (6.4) (5.4) (4.8) (3.8) (3.8)
Net Debt Including Preferred Equity & Minority Interest 4.4 4.3 4.4 4.4 4.5
Other Short-Term & Long-Term Assets - Total 0.1 0.1 0.1 0.0 0.0
Other Short-Term & Long-Term Liabilities - Total 1.4 1.1 1.2 1.4 1.4
Total Current Assets excluding Total Inventories 1.1 1.0 1.0 1.1 0.7
Tangible Book Value excluding Other Equity 1.3 3.1 3.8 4.7 (0.5)
Total Debt Excluding Islamic 4.5 4.5 4.5 4.5 4.6
Trade Accounts & Trade Notes Receivable - Net - Total 0.3 0.1 0.1 0.2 0.2
Current Liabilities excluding Current Debt - Total 8.0 7.1 6.4 6.5 4.5
Cash in Hand & with Banks - Total 0.0 0.0 0.0 0.0 0.1
Current Assets excluding Cash & Short Term Investments - Total 4.2 4.4 4.4 5.3 3.3
Cash, Short Term Investments & Accounts Receivable - Total 0.3 0.3 0.3 0.3 0.3

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