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Sugar & Allied Industries

SANSM Sanghar Sugar Mills Limited

Latest results: FY2025 · Sep 2025

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Last close · 16 Oct 2026

Rs 120.00 +0.84%

Annual · FY2007 – FY2025

Sanghar Sugar Mills Limited (SANSM) balance sheet

At the end of FY2025 (Oct 2024 – Sep 2025) Sanghar Sugar Mills Limited had total assets of Rs 6.0 bn, up 13.4% on FY2024. Current assets of Rs 994.7 mn covered current liabilities of Rs 1.3 bn 0.75 times. Total debt was Rs 217.8 mn, net debt Rs 110.8 mn. Shareholders' equity was Rs 3.1 bn (Rs 261.42 per share), 51.9% of total assets.

SANSM balance sheet (annual) (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 107.0 50.5 119.5 50.9 54.8
Trade receivables 127.7 27.9 27.9 32.8 144.2
Inventories 583.7 1,572.7 1,060.1 1,324.8 833.5
Other current assets 1.4 3.7 2.1 2.1 6.9
Total current assets 994.7 1,882.4 1,468.1 1,622.5 1,220.2
Property, plant & equipment 5,020.7 3,425.5 3,552.4 3,707.7 2,615.7
Intangible assets — — — — —
Other non-current assets 4.5 0.7 1.1 4.6 20.6
Total non-current assets 5,025.2 3,426.2 3,553.4 3,712.3 2,636.3
Total assets 6,020.0 5,308.6 5,021.6 5,334.7 3,856.5
Liabilities
Trade payables 1,174.9 1,454.5 2,009.3 1,655.7 1,205.8
Short-term borrowings & current portion of debt 145.6 895.6 101.3 823.3 931.5
Total current liabilities 1,329.0 2,410.9 2,121.7 2,517.8 2,177.8
Long-term debt 72.2 131.3 0.0 1.8 114.1
Other non-current liabilities 1,495.7 857.6 842.5 850.1 483.7
Total non-current liabilities 1,568.0 988.8 842.5 851.9 597.8
Total liabilities 2,897.0 3,399.7 2,964.1 3,369.7 2,775.6
Equity
Share capital 119.5 119.5 119.5 119.5 119.5
Reserves & retained earnings 3,003.5 1,789.5 1,938.0 1,845.6 961.4
Equity attributable to shareholders 3,123.0 1,908.9 2,057.4 1,965.1 1,080.8
Non-controlling interest 0.0 0.0 0.0 0.0 0.0
Total equity 3,123.0 1,908.9 2,057.4 1,965.1 1,080.8
Total liabilities & equity 6,020.0 5,308.6 5,021.6 5,334.7 3,856.5
Key figures
Total debt 217.8 1,026.9 101.3 825.1 1,045.7
Net debt / (net cash) 110.8 976.4 (18.3) 774.2 990.8
Shares outstanding mn 11.9 11.9 11.9 11.9 11.9
Common equity 3,123.0 1,908.9 2,057.4 1,965.1 1,080.8
Book value per share (Rs) Rs 261.42 159.80 172.23 164.50 90.48
SANSM 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 +112.1% -57.8% +134.8% -7.1% -21.0%
Trade receivables +357.4% 0.0% -14.7% -77.3% +416.5%
Inventories -62.9% +48.3% -20.0% +59.0% +176.4%
Other current assets -62.4% +79.2% +0.8% -70.4% -34.0%
Total current assets -47.2% +28.2% -9.5% +33.0% +101.0%
Property, plant & equipment +46.6% -3.6% -4.2% +41.7% -3.6%
Intangible assets — — — — —
Other non-current assets +540.3% -33.1% -76.9% -77.7% +1.7%
Total non-current assets +46.7% -3.6% -4.3% +40.8% -3.5%
Total assets +13.4% +5.7% -5.9% +38.3% +15.5%
Liabilities
Trade payables -19.2% -27.6% +21.4% +37.3% +30.7%
Short-term borrowings & current portion of debt -83.7% +784.5% -87.7% -11.6% +83.2%
Total current liabilities -44.9% +13.6% -15.7% +15.6% +47.6%
Long-term debt -45.0% — -100.0% -98.5% -53.8%
Other non-current liabilities +74.4% +1.8% -0.9% +75.7% -5.0%
Total non-current liabilities +58.6% +17.4% -1.1% +42.5% -20.9%
Total liabilities -14.8% +14.7% -12.0% +21.4% +24.4%
Equity
Share capital 0.0% 0.0% 0.0% 0.0% 0.0%
Reserves & retained earnings +67.8% -7.7% +5.0% +92.0% -2.8%
Equity attributable to shareholders +63.6% -7.2% +4.7% +81.8% -2.5%
Non-controlling interest — — — — —
Total equity +63.6% -7.2% +4.7% +81.8% -2.5%
Total liabilities & equity +13.4% +5.7% -5.9% +38.3% +15.5%
Key figures
Total debt -78.8% +914.2% -87.7% -21.1% +38.5%
Net debt / (net cash) -88.7% — -102.4% -21.9% +44.5%
Shares outstanding — — — — —
Common equity +63.6% -7.2% +4.7% +81.8% -2.5%
Book value per share (Rs) +63.6% -7.2% +4.7% +81.8% -2.5%

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

SANSM 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 1.8% 1.0% 2.4% 1.0% 1.4%
Trade receivables 2.1% 0.5% 0.6% 0.6% 3.7%
Inventories 9.7% 29.6% 21.1% 24.8% 21.6%
Other current assets 0.0% 0.1% 0.0% 0.0% 0.2%
Total current assets 16.5% 35.5% 29.2% 30.4% 31.6%
Property, plant & equipment 83.4% 64.5% 70.7% 69.5% 67.8%
Intangible assets — — — — —
Other non-current assets 0.1% 0.0% 0.0% 0.1% 0.5%
Total non-current assets 83.5% 64.5% 70.8% 69.6% 68.4%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Trade payables 19.5% 27.4% 40.0% 31.0% 31.3%
Short-term borrowings & current portion of debt 2.4% 16.9% 2.0% 15.4% 24.2%
Total current liabilities 22.1% 45.4% 42.3% 47.2% 56.5%
Long-term debt 1.2% 2.5% 0.0% 0.0% 3.0%
Other non-current liabilities 24.8% 16.2% 16.8% 15.9% 12.5%
Total non-current liabilities 26.0% 18.6% 16.8% 16.0% 15.5%
Total liabilities 48.1% 64.0% 59.0% 63.2% 72.0%
Equity
Share capital 2.0% 2.3% 2.4% 2.2% 3.1%
Reserves & retained earnings 49.9% 33.7% 38.6% 34.6% 24.9%
Equity attributable to shareholders 51.9% 36.0% 41.0% 36.8% 28.0%
Non-controlling interest 0.0% 0.0% 0.0% 0.0% 0.0%
Total equity 51.9% 36.0% 41.0% 36.8% 28.0%
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Total debt 3.6% 19.3% 2.0% 15.5% 27.1%
Net debt / (net cash) 1.8% 18.4% (0.4%) 14.5% 25.7%
Common equity 51.9% 36.0% 41.0% 36.8% 28.0%

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 132
SANSM balance sheet — all reported line items (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
Cash & Cash Equivalents 107.0 50.5 119.5 50.9 54.8
Cash & Short Term Investments 107.0 50.5 119.5 50.9 54.8
Loans & Receivables - Net - Short-Term 302.6 255.6 286.4 244.7 325.0
Loans & Receivables - Total 302.6 255.6 286.4 244.7 325.0
Trade Accounts & Trade Notes Receivable - Net 127.7 27.9 27.9 32.8 144.2
Loans - Short-Term 79.9 123.9 129.8 128.0 122.9
Income Tax - Receivables - Short-Term 77.4 27.1 25.3 27.7 10.7
Receivables - Other - Total 17.6 76.7 103.4 56.2 47.1
Inventories - Total 583.7 1,572.7 1,060.1 1,324.8 833.5
Inventories - Raw Materials 90.3 75.3 82.7 61.4 54.7
Inventories - Work in Progress — — — — —
Inventories - Finished Goods — — — — —
Inventories - Other - Total 493.4 1,497.4 977.5 1,263.4 778.8
Other Current Assets - Total 1.4 3.7 2.1 2.1 6.9
Property, Plant & Equipment - Net - Total 5,020.7 3,425.5 3,552.4 3,707.7 2,615.7
Property, Plant & Equipment - Gross - Total — — — — —
Property, Plant & Equipment - Accumulated Depreciation & Impairment - Total — — — — —
Other Current Assets 1.4 3.7 2.1 2.1 6.9
Other Assets - Total 5.9 4.4 3.1 6.6 27.5
Intangible Assets - Total - Net — — — — —
Total Current Assets 994.7 1,882.4 1,468.1 1,622.5 1,220.2
Intangible Assets - excluding Goodwill - Net - Total — — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Net - Total — — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Gross — — — — —
Land & Buildings - Gross — — — — —
Land/Improvements - Gross — — — — —
Buildings - Gross — — — — —
Plant, Machinery & Equipment - Gross — — — — —
Construction in Progress - Gross — — — — —
Total Assets 6,020.0 5,308.6 5,021.6 5,334.7 3,856.5
Debt - Total 217.8 1,026.9 101.3 825.1 1,045.7
Short-Term Debt & Current Portion of Long-Term Debt 145.6 895.6 101.3 823.3 931.5
Property, Plant & Equipment - excluding Assets Leased Out - Accumulated Depreciation & Impairment - Total — — — — —
Current Portion of Long-Term Debt including Capitalized Leases 82.2 35.6 1.3 88.4 160.7
Capitalized Leases - Current Portion 4.5 0.0 1.3 14.4 35.2
Short-Term Debt & Notes Payable 63.3 860.0 100.0 734.9 770.8
Debt - Long-Term - Total 72.2 131.3 0.0 1.8 114.1
Current Portion of Long-Term Debt excluding Capitalized Leases 77.7 35.6 0.0 74.0 125.5
Capitalized Lease Obligations - Long-Term 14.5 0.0 0.0 1.8 33.6
Long-Term Debt excluding Capitalized Leases 57.7 131.3 0.0 0.0 80.5
Other Non-Current Assets - Total 4.5 0.7 1.1 4.6 20.6
Debt - Non-Convertible - Long-Term 57.7 131.3 0.0 0.0 80.5
Dividends Payable 3.7 3.7 4.7 4.7 4.7
Deferred Tax & Investment Tax Credits - Long-Term — — — — —
Deferred Charges - Long-Term — — — — —
Deferred Tax - Liability - Long-Term — — — — —
Payables & Accrued Expenses 1,174.9 1,454.5 2,009.3 1,655.7 1,205.8
Trade Account Payables - Total 1,174.9 1,454.5 2,009.3 1,655.7 1,205.8
Other Non-Current Assets 4.5 0.7 1.1 4.6 20.6
Accrued Expenses — — — — —
Total Liabilities 2,897.0 3,399.7 2,964.1 3,369.7 2,775.6
Shareholders' Equity - Attributable to Parent Shareholders - Total 3,123.0 1,908.9 2,057.4 1,965.1 1,080.8
Total Non-Current Assets 5,025.2 3,426.2 3,553.4 3,712.3 2,636.3
Common Equity Attributable to Parent Shareholders 3,123.0 1,908.9 2,057.4 1,965.1 1,080.8
Common Equity - Contributed 119.5 119.5 119.5 119.5 119.5
Common Stock - Issued & Paid 119.5 119.5 119.5 119.5 119.5
Equity - Non-Contributed - Reserves & Retained Earnings 3,003.5 1,789.5 1,938.0 1,845.6 961.4
Retained Earnings - Total 398.4 185.2 252.8 69.0 24.7
Trade Accounts Payable & Accruals - Short-Term 1,174.9 1,454.5 2,009.3 1,655.7 1,205.8
Comprehensive Income - Accumulated - Total 2,605.1 1,604.3 1,685.2 1,776.6 936.7
Trade Accounts & Trade Notes Payable - Short-Term 1,174.9 1,454.5 2,009.3 1,655.7 1,205.8
Accrued Expenses - Short-Term — — — — —
Income Taxes - Payable - Short-Term — — — — —
Dividends/Distributions Payable 3.7 3.7 4.7 4.7 4.7
Other Current Liabilities - Total 4.8 57.0 6.4 34.1 35.7
Common Equity - Total 3,123.0 1,908.9 2,057.4 1,965.1 1,080.8
Deferred Income - Short-Term — — — 0.0 1.4
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 3,123.0 1,908.9 2,057.4 1,965.1 1,080.8
Total Liabilities & Equity 6,020.0 5,308.6 5,021.6 5,334.7 3,856.5
Other Current Liabilities 4.8 57.0 6.4 34.1 34.3
Revaluation Reserves 2,605.1 1,604.3 1,685.2 1,776.6 936.7
Total Current Liabilities 1,329.0 2,410.9 2,121.7 2,517.8 2,177.8
Other Non-Current Liabilities - Total 1,495.7 857.6 842.5 850.1 483.7
Provisions - Long-Term — — — — —
Post Employment Benefits - Pension & Other - Long-Term — — — — —
Deferred Revenue - Long-Term — — 0.0 0.0 0.0
Other Non-Current Liabilities 1,495.7 857.6 842.5 850.1 483.7
Total Non-Current Liabilities 1,568.0 988.8 842.5 851.9 597.8
Common Shares - Issued - Total mn 11.9 11.9 11.9 11.9 11.9
Common Shares - Outstanding - Total mn 11.9 11.9 11.9 11.9 11.9
Common Shares - Treasury - Total mn 0.0 0.0 0.0 0.0 0.0
Common Shares - Authorized - Issue Specific mn 20.0 20.0 20.0 20.0 20.0
Common Shares - Issued - Issue Specific mn 11.9 11.9 11.9 11.9 11.9
Common Shares - Outstanding - Issue Specific mn 11.9 11.9 11.9 11.9 11.9
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 19.1 0.0 1.3 16.2 68.8
Debt including Finance and Operating Lease Liabilities - Supplemental 217.8 1,026.9 101.3 825.1 1,045.7
Net Debt 110.8 976.4 (18.3) 774.2 990.8
Debt - Long-Term - Maturities - Total — — — — —
Debt - Long-Term - Maturities - within 1 Year — — — — —
Debt - Long-Term - Maturities - Remaining — — — — —
Capital Lease Maturities - Total — — — — —
Capital Lease Maturities - Due within 1 Year — — — — —
Debt - Long-Term - Maturities - Year 6 & Beyond — — — — —
Capital Lease Maturities - Due in Year 5 — — — — —
Capital Lease Maturities - Due in 4-5 Years — — — — —
Asset Accruals 5,912.9 5,258.2 4,902.1 5,283.8 3,801.6
Cash & Cash Equivalents - Total 107.0 50.5 119.5 50.9 54.8
Cash & Short Term Investments - Total 107.0 50.5 119.5 50.9 54.8
Debt - including Preferred Equity & Minority Interest - Total 217.8 1,026.9 101.3 825.1 1,045.7
Net Book Capital 3,233.7 2,885.3 2,039.2 2,739.2 2,071.7
Net Operating Assets 3,233.7 2,885.3 2,039.2 2,739.2 2,071.7
Provisions - Total — — — — —
Shareholders Equity - Common 3,123.0 1,908.9 2,057.4 1,965.1 1,080.8
Tangible Total Equity 3,123.0 1,908.9 2,057.4 1,965.1 1,080.8
Tangible Book Value 3,123.0 1,908.9 2,057.4 1,965.1 1,080.8
Total Book Capital 3,340.8 2,935.8 2,158.7 2,790.1 2,126.5
Total Capital 3,340.8 2,935.8 2,158.7 2,790.1 2,126.5
Total Long Term Capital 4,691.0 2,897.8 2,899.9 2,817.0 1,678.7
Unearned Revenue - Total — — 0.0 0.0 1.5
Book Value excluding Other Equity 3,123.0 1,908.9 2,057.4 1,965.1 —
Income Taxes - Payable - Long-Term & Short-Term — — — — —
Accruals - Short-Term (441.3) (578.9) (773.0) (946.2) (1,012.4)
Cash & Short Term Investments - Net of Debt (110.8) (976.4) 18.3 (774.2) (990.8)
Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments 82.2 35.6 1.3 88.4 160.7
Total Fixed Assets - Net 5,025.2 3,426.2 3,553.4 3,712.3 2,636.3
Working Capital (334.3) (528.5) (653.5) (895.3) (957.6)
Interest Bearing Liabilities - Total 217.8 1,026.9 101.3 825.1 1,045.7
Working Capital - Non-Cash (441.3) (578.9) (773.0) (946.2) (1,012.4)
Working Capital excluding Other Current Assets & Liabilities (330.9) (475.2) (649.2) (863.3) (928.8)
Net Debt Including Preferred Equity & Minority Interest 110.8 976.4 (18.3) 774.2 990.8
Other Short-Term & Long-Term Assets - Total 5.9 4.4 3.1 6.6 27.5
Other Short-Term & Long-Term Liabilities - Total 1,500.5 914.6 848.9 884.2 519.4
Total Current Assets excluding Total Inventories 411.0 309.7 408.0 297.7 386.7
Tangible Book Value excluding Other Equity 3,123.0 1,908.9 2,057.4 1,965.1 —
Total Debt Excluding Islamic 217.8 1,026.9 101.3 825.1 1,045.7
Trade Accounts & Trade Notes Receivable - Net - Total 127.7 27.9 27.9 32.8 144.2
Current Liabilities excluding Current Debt - Total 1,183.4 1,515.3 2,020.4 1,694.5 1,246.2
Cash in Hand & with Banks - Total 107.0 50.5 119.5 50.9 54.8
Current Assets excluding Cash & Short Term Investments - Total 887.7 1,831.9 1,348.6 1,571.6 1,165.4
Cash, Short Term Investments & Accounts Receivable - Total 234.8 78.4 147.5 83.7 199.1

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