SASML Sindh Abadgars Sugar Mills Limited
Latest results: FY2025 · Sep 2025
Last close · 15 Oct 2026
Rs 300.00 -2.91%
Annual · FY2016 – FY2025
Sindh Abadgars Sugar Mills Limited (SASML) income statement
Sindh Abadgars Sugar Mills Limited reported revenue of Rs 6.2 bn for FY2025 (Oct 2024 – Sep 2025), up 7.5% on FY2024. Gross profit came to Rs 588.5 mn, a gross margin of 9.5%. Operating profit was Rs 399.3 mn (an operating margin of 6.4%). Finance cost was Rs 257.1 mn, down 54.7% on FY2024. Tax of Rs 4.3 mn took 3.0% of pre-tax profit. Profit attributable to shareholders was Rs 140.0 mn, or Rs 13.43 per share.
| 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 | 6,195.8 | 5,766.2 | 5,534.7 | 3,392.1 | 2,253.7 | |||||
| Cost of revenue | (5,607.3) | (5,482.5) | (4,401.4) | (3,100.0) | (2,093.3) | |||||
| Gross profit | 588.5 | 283.7 | 1,133.3 | 292.1 | 160.4 | |||||
| Selling, general & administrative expenses | (189.3) | (171.1) | (151.1) | (128.8) | (121.0) | |||||
| Operating profit | 399.3 | 112.6 | 982.2 | 163.3 | 39.4 | |||||
| Finance cost | (257.1) | (568.1) | (381.7) | (276.9) | (160.7) | |||||
| Profit before tax | 144.2 | (500.4) | 608.9 | (13.5) | (104.7) | |||||
| Taxation | (4.3) | 201.1 | (235.6) | (27.5) | 24.6 | |||||
| Profit after tax | 140.0 | (299.3) | 373.4 | (40.9) | (80.2) | |||||
| Profit attributable to shareholders | 140.0 | (299.3) | 373.4 | (40.9) | (80.2) | |||||
| Per share & other | ||||||||||
| EPS – basic (Rs) Rs | 13.43 | (28.71) | 35.81 | (3.93) | (7.69) | |||||
| EPS – diluted (Rs) Rs | 13.43 | (28.71) | 35.81 | (3.93) | (7.69) | |||||
| Dividend per share (Rs) Rs | 2.00 | 0.00 | 2.00 | 0.00 | 0.00 | |||||
| EBITDA | 646.8 | 270.8 | 1,147.4 | 339.2 | 204.6 | |||||
| Depreciation & amortisation | 247.6 | 158.2 | 165.3 | 175.9 | 165.2 | |||||
| Weighted average shares mn | 10.4 | 10.4 | 10.4 | 10.4 | 10.4 | |||||
| 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 | +7.5% | +4.2% | +63.2% | +50.5% | -25.5% | |||||
| Cost of revenue | +2.3% | +24.6% | +42.0% | +48.1% | -28.8% | |||||
| Gross profit | +107.5% | -75.0% | +288.0% | +82.1% | +87.9% | |||||
| Selling, general & administrative expenses | +10.6% | +13.2% | +17.3% | +6.5% | -9.3% | |||||
| Operating profit | +254.6% | -88.5% | +501.5% | +314.3% | — | |||||
| Finance cost | -54.7% | +48.8% | +37.8% | +72.3% | -1.6% | |||||
| Profit before tax | — | -182.2% | — | — | — | |||||
| Taxation | — | -185.4% | +757.8% | — | — | |||||
| Profit after tax | — | -180.2% | — | — | — | |||||
| Profit attributable to shareholders | — | -180.2% | — | — | — | |||||
| Per share & other | ||||||||||
| EPS – basic (Rs) | — | -180.2% | — | — | — | |||||
| EPS – diluted (Rs) | — | -180.2% | — | — | — | |||||
| Dividend per share (Rs) | — | -100.0% | — | — | — | |||||
| EBITDA | +138.9% | -76.4% | +238.3% | +65.8% | +14.0% | |||||
| Depreciation & amortisation | +56.5% | -4.3% | -6.0% | +6.5% | -27.4% | |||||
| Weighted average shares | — | — | — | — | — | |||||
Change against the previous fiscal year; shown when the earlier figure is positive.
| 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 | (90.5%) | (95.1%) | (79.5%) | (91.4%) | (92.9%) | |||||
| Gross profit | 9.5% | 4.9% | 20.5% | 8.6% | 7.1% | |||||
| Selling, general & administrative expenses | (3.1%) | (3.0%) | (2.7%) | (3.8%) | (5.4%) | |||||
| Operating profit | 6.4% | 2.0% | 17.7% | 4.8% | 1.7% | |||||
| Finance cost | (4.1%) | (9.9%) | (6.9%) | (8.2%) | (7.1%) | |||||
| Profit before tax | 2.3% | (8.7%) | 11.0% | (0.4%) | (4.6%) | |||||
| Taxation | (0.1%) | 3.5% | (4.3%) | (0.8%) | 1.1% | |||||
| Profit after tax | 2.3% | (5.2%) | 6.7% | (1.2%) | (3.6%) | |||||
| Profit attributable to shareholders | 2.3% | (5.2%) | 6.7% | (1.2%) | (3.6%) | |||||
| Per share & other | ||||||||||
| EBITDA | 10.4% | 4.7% | 20.7% | 10.0% | 9.1% | |||||
| Depreciation & amortisation | 4.0% | 2.7% | 3.0% | 5.2% | 7.3% | |||||
Each line as a percentage of revenue.
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 85
| 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 from Goods & Services | 6,195.8 | 5,766.2 | 5,534.7 | 3,392.1 | 2,253.7 |
| Sales of Goods & Services - Net - Unclassified | 6,195.8 | 5,766.2 | 5,534.7 | 3,392.1 | 2,253.7 |
| Revenue from Business Activities - Total | 6,195.8 | 5,766.2 | 5,534.7 | 3,392.1 | 2,253.7 |
| Cost of Operating Revenue | 5,607.3 | 5,482.5 | 4,401.4 | 3,100.0 | 2,093.3 |
| Cost of Revenues - Total | 5,607.3 | 5,482.5 | 4,401.4 | 3,100.0 | 2,093.3 |
| Cost of Revenues - Unclassified | 5,384.4 | 5,340.1 | 4,252.6 | 2,941.7 | 1,944.7 |
| Selling, General & Administrative Expenses - Total | 189.3 | 171.1 | 151.1 | 128.8 | 121.0 |
| Selling, General & Administrative Expenses - Unclassified | 164.5 | 155.3 | 134.6 | 111.2 | 104.5 |
| Depreciation in Cost of Revenues | 222.8 | 142.4 | 148.8 | 158.3 | 148.7 |
| Depreciation in Selling, General & Administrative Expenses | 24.8 | 15.8 | 16.5 | 17.6 | 16.5 |
| Gross Profit - Industrials/Property - Total | 588.5 | 283.7 | 1,133.3 | 292.1 | 160.4 |
| Operating Expenses - Total | 5,796.5 | 5,653.6 | 4,552.5 | 3,228.8 | 2,214.3 |
| Operating Profit before Non-Recurring Income/(Expense) | 399.3 | 112.6 | 982.2 | 163.3 | 39.4 |
| Financing Income/(Expense) - Net - Total | (260.2) | (572.8) | (384.2) | (279.8) | (161.9) |
| Interest Expense - Net of (Interest Income) | 257.1 | 568.1 | 381.7 | 276.9 | 160.7 |
| Interest Expense - Net of Capitalized Interest | 257.1 | 568.1 | 381.7 | 276.9 | 160.7 |
| Non-Interest Financial Income/(Expense) - Total | (3.1) | (4.6) | (2.5) | (2.9) | (1.2) |
| Non-Interest Financial Income/(Expense) - Other - Net | (3.1) | (4.6) | (2.5) | (2.9) | (1.2) |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | — | 1.8 | 1.7 | 6.7 | 0.6 |
| Other Non-Operating Income/(Expense) - Total | 5.2 | 32.7 | 9.3 | 96.4 | 17.2 |
| Normalized Pre-tax Profit | 144.2 | (425.6) | 608.9 | (13.5) | (104.7) |
| Non-Recurring Income/Expense - Total | — | (74.7) | — | — | — |
| Provision for Income Tax Expense- Unclassified | 4.3 | (201.1) | 235.6 | 27.5 | (24.6) |
| Income before Taxes | 144.2 | (500.4) | 608.9 | (13.5) | (104.7) |
| Income Taxes | 4.3 | (201.1) | 235.6 | 27.5 | (24.6) |
| Valuation of Inventory - Gain/(Loss) | — | (74.7) | — | — | — |
| Net Income after Tax | 140.0 | (299.3) | 373.4 | (40.9) | (80.2) |
| Income before Discontinued Operations & Extraordinary Items | 140.0 | (299.3) | 373.4 | (40.9) | (80.2) |
| Net Income before Minority Interest | 140.0 | (299.3) | 373.4 | (40.9) | (80.2) |
| Net Income after Minority Interest | 140.0 | (299.3) | 373.4 | (40.9) | (80.2) |
| Income Available to Common Shares | 140.0 | (299.3) | 373.4 | (40.9) | (80.2) |
| DPS - Common - Gross - Issue - By Period End Date Rs | 2.00 | 0.00 | 2.00 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 140.0 | (299.3) | 373.4 | (40.9) | (80.2) |
| Income available to Common excluding Extraordinary Items | 140.0 | (299.3) | 373.4 | (40.9) | (80.2) |
| Shares used to calculate Basic EPS - Total mn | 10.4 | 10.4 | 10.4 | 10.4 | 10.4 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 13.43 | (28.71) | 35.81 | (3.93) | (7.69) |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 13.43 | (28.71) | 35.81 | (3.93) | (7.69) |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | 13.43 | (21.54) | 35.81 | (3.93) | (7.69) |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 140.0 | (299.3) | 373.4 | (40.9) | (80.2) |
| 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 | 10.4 | 10.4 | 10.4 | 10.4 | 10.4 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 13.43 | (28.71) | 35.81 | (3.93) | (7.69) |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 13.43 | (28.71) | 35.81 | (3.93) | (7.69) |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | 13.43 | (21.54) | 35.81 | (3.93) | (7.69) |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | 140.0 | (299.3) | 373.4 | (40.9) | (80.2) |
| Diluted Income available to Common excluding Extraordinary Items | 140.0 | (299.3) | 373.4 | (40.9) | (80.2) |
| Shares used to calculate Diluted EPS - Total mn | 10.4 | 10.4 | 10.4 | 10.4 | 10.4 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 13.43 | (28.71) | 35.81 | (3.93) | (7.69) |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 13.43 | (28.71) | 35.81 | (3.93) | (7.69) |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | 13.43 | (21.54) | 35.81 | (3.93) | (7.69) |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 140.0 | (299.3) | 373.4 | (40.9) | (80.2) |
| 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 | 10.4 | 10.4 | 10.4 | 10.4 | 10.4 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 13.43 | (28.71) | 35.81 | (3.93) | (7.69) |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 13.43 | (28.71) | 35.81 | (3.93) | (7.69) |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | 13.43 | (21.54) | 35.81 | (3.93) | (7.69) |
| 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 | 2.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 0.00 | 1.80 | 0.00 | 0.00 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | 399.3 | 112.6 | 982.2 | 163.3 | 39.4 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 646.8 | 270.8 | 1,147.4 | 339.2 | 204.6 |
| Depreciation & Amortization - Supplemental | 247.6 | 158.2 | 165.3 | 175.9 | 165.2 |
| Depreciation Expense - Total - Supplemental | 247.6 | 158.2 | 165.3 | 175.9 | 165.2 |
| Depreciation, Depletion & Amortization - Total | 247.6 | 158.2 | 165.3 | 175.9 | 165.2 |
| Depreciation - Total | 247.6 | 158.2 | 165.3 | 175.9 | 165.2 |
| Normalized after Tax Profit | 140.0 | (224.5) | 373.4 | (40.9) | (80.2) |
| Normalized Net Income from Continuing Operations | 140.0 | (224.5) | 373.4 | (40.9) | (80.2) |
| Normalized Net Income - Bottom Line | 140.0 | (224.5) | 373.4 | (40.9) | (80.2) |
| Earnings before Interest & Taxes (EBIT) - Normalized | 401.3 | 142.5 | 990.6 | 263.4 | 56.0 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | 648.9 | 300.7 | 1,155.9 | 439.3 | 221.1 |
| Interest Expense | 257.1 | 568.1 | 381.7 | 276.9 | 160.7 |
| Operating Expenses | 5,796.5 | 5,653.6 | 4,552.5 | 3,228.8 | 2,214.3 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 189.3 | 171.1 | 151.1 | 128.8 | 121.0 |
| Income before Taxes & Provision for Loan Losses | 144.2 | (500.4) | 608.9 | (13.5) | (104.7) |
| Cost of Revenue including Operation & Maintenance (Utility) - Total | 5,607.3 | 5,482.5 | 4,401.4 | 3,100.0 | 2,093.3 |
| Cost of Revenues excluding Depreciation | 5,384.4 | 5,340.1 | 4,252.6 | 2,941.7 | 1,944.7 |
| DPS - Common - Gross - Issue - By Payable Date Rs | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 0.00 | 2.00 | 0.00 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | 389.5 | — | 607.4 | — | — |
| Operating Expenses excluding Non-Cash Charges - Total | 5,548.9 | 5,495.4 | 4,387.2 | 3,052.9 | 2,049.1 |
| Income Available to Common Shares before Depreciation & Amortization | 387.6 | (141.1) | 538.7 | 135.0 | 85.0 |
| Fixed Charges | 257.1 | 568.1 | 381.7 | 276.9 | 160.7 |
| 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 | 2.00 | 0.00 | 0.00 | 0.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.