SHAMS TEXTILE MILLS LIMITED
CONDENSED INTERIM BALANCE SHEET AS AT 31 MARCH 2026
Un-audited Audited Un-audited Audited
Note 31 March 30 June Note 31 March 30 June
2026 2025 2026 2025
(Rupees in thousand) (Rupees in thousand)
EQUITY AND LIABILITIES ASSETS
SHARE CAPITAL AND RESERVES NON-CURRENT ASSETS
Authorized share capital Property, plant and equipment 7 1,018,574 1,049,957
25,000,000 (30 June 2025: 25,000,000) Right-of-use assets 7 25,773 -
ordinary shares of Rupees 10 each 250,000 250,000 Long term investments 8 49,138 52,397
Long term security deposits 9 30,665 30,665
Issued, subscribed and paid-up share capital 1,124,152 1,133,019
CURRENT ASSETS
Issued, subscribed and paid -up share capital 1 86,400 86,400
Reserves 677,131 693,459 Stores and spare parts 10 108,388 110,042
Total equity 763,531 779,859 Stock-in-trade 11 758,613 847,718
Trade debts 12 633,134 121,110
LIABILITIES Advances 13 16,270 4,249
NON-CURRENT LIABILITIES Short term prepayments 14 2,281 -
Other receivables 15 15,845 11,918
Long term Financing - secured 2 145,404 124,092 Taxation and levy - net 16 23,884 18,552
Lease liabilities 2 16,687 - Sales Tax refundable 282,114 331,030
162,091 124,092 Cash and bank balances 17 44,024 28,456
CURRENT LIABILITIES 1,884,554 1,473,075
Trade and other payables 3 1,029,033 902,055
Accrued mark-up 4 28,927 16,905
Short term borrowings 5 958,397 733,547
Current portion of non current liability 2 62,106 45,014
Unclaimed dividend 4,622 4,622
2,083,084 1,702,143
Total liabilities 2,083,084 1,702,143
CONTINGENCIES AND COMMITMENTS 6 - -
TOTAL EQUITY AND LIABILITIES 3,008,706 2,606,094 TOTAL ASSETS 3,008,706 2,606,094
The annexed notes form an integral part of this
Condensed interim financial information.
_____________________ ______________
CHIEF EXECUTIVE DIRECTOR
18/40
SHAMS TEXTILE MILLS LIMITED
CONDENSED INTERIM PROFIT AND LOSS ACCOUNT (Un-audited)
FOR THE NINE MONTHS ENDED 31 MARCH 2026
NINE MONTHS ENDED QUARTER ENDED
Note 31 March 31 March 31 March 31 March
2026 2025 2026 2025
------------------------------- (Rupees in thousand)-------------------------------
SALES 18 3,072,861 3,744,031 1,173,798 928,910
COST OF SALES 19 (2,821,944) (3,618,992) (1,041,358) (903,633)
GROSS PROFIT 250,917 125,039 132,440 25,277
DISTRIBUTION COST 20 (20,879) (17,464) (3,278) (3,353)
ADMINISTRATIVE EXPENSES 21 (101,818) (96,595) (36,406) (28,978)
OTHER EXPENSES 22 (6,938) - (1,907) -
(129,635) (114,059) (41,591) (32,331)
121,282 10,980 90,849 (7,054)
OTHER INCOME 23 27,289 25,641 8,080 8,629
PROFIT FROM OPERATIONS 148,571 36,621 98,928 1,575
FINANCE COST 24 (123,228) (79,653) (42,274) (21,211)
PROFIT / (LOSS) BEFORE LEVY AND TAXATION 25,343 (43,032) 56,655 (19,636)
LEVY AND TAXATION 25 (38,411) (46,801) (14,724) (11,545)
(LOSS) / PROFIT AFTER LEVY AND TAXATION (13,068) (89,833) 41,931 (31,181)
(LOSS) / EARNING PER SHARE - BASIC AND
DILUTED (RUPEES) 26 (1.51) (10.40) 4.85 (3.61)
The annexed notes form an integral part of this condensed interim financial information.
____________________ _____________
CHIEF EXECUTIVE DIRECTOR
19/40
SHAMS TEXTILE MILLS LIMITED
CONDENSED INTERIM STATEMENT OF COMPREHENSIVE INCOME (Un-audited)
FOR THE NINE MONTHS ENDED 31 MARCH 2026
NINE MONTHS ENDED QUARTER ENDED
31 March 31 March 31 March 31 March
2026 2025 2026 2025
------------------------- (Rupees in thousand) -------------------------
(LOSS) / PROFIT AFTER TAXATION (13,068) (89,832) 41,931 (31,181)
OTHER COMPREHENSIVE INCOME
Items that will not be reclassified to profit or loss - - - -
Surplus / (Deficit) arising on remeasurement of investments at (3,259) (18,485) (17,584) (1,125)
fair value through other comprehensive income - - - -
Other comprehensive (loss) / income for the period (3,259) (18,485) (17,584) (1,125)
TOTAL COMPREHENSIVE (LOSS) / INCOME FOR THE PERIOD (16,327) (108,317) 24,347 (32,306)
The annexed notes form an integral part of this condensed interim financial information.
____________________ ______________
CHIEF EXECUTIVE DIRECTOR
20/40
SHAMS TEXTILE MILLS LIMITED
CONDENSED INTERM CASH FLOW STATEMENT (Un-audited)
FOR THE NINE MONTHS ENDED MARCH 31, 2026
NINE MONTHS ENDED
March 31, March 31,
2026 2025
(Rupees in thousand)
CASH GENERATED FROM / (USED IN) OPERATIONS
Profit / (Loss) before Levy 25,343 (43,031)
Adjustment for non-cash charges and other items:
Depreciation 59,876 51,876
Depreciation on right of use asset 1,663 -
Return on bank deposit (1,896) (6,094)
Allowence for expected credit losses 2,365 -
Provision for worker welfare fund 545 -
Provision for worker profit participation fund 1,363 -
Provision for slow moving 2,666 (4,095)
Gian on sale of property, plant and equipment (13,215) (1,023)
Dividend Income (180) (716)
Financial cost 123,228 79,653
201,757 76,570
Working capital changes
(Increase) / decrease in current assets:
Stores, spares and loose tools (1,012) 4,597
Stock-in-trade 89,105 (322,968)
Trade debts (514,389) (32,339)
Advances (12,021) (13,673)
Short term prepayments (2,281) (2,023)
Other receivable (3,927) 1,796
Sales tax refundable 48,916 15,638
(395,609) (348,972)
Increase in trade and other payables 126,978 347,730
CASH FLOWS FROM OPERATING ACTIVITIES (66,874) 75,328
Income tax paid (51,163) (44,661)
Finance cost paid (111,207) (82,991)
Long term security deposit 0 (28,143)
Worker Profit participation fund paid - (2,834)
(162,369) (158,629)
Net cash used in operating activities (229,244) (83,301)
CASH FLOWS FROM INVESTING ACTIVITIES
Capital expenditure on property, plant and equipment (29,786) (199,511)
Dividend received 180 716
Return on bank deposit 1,896 6,094
Addition in right of usee assets (1,107) -
Proceeds from sale of property, plant and equipment 14,512 3,000
NET CASH USED IN INVESTING ACTIVITIES (14,305) (189,701)
CASH FLOWS FROM FINANCING ACTIVITIES
Repayment of lease liabilities (833) -
Long term loan obtained 35,100 -
Short term borrowing - net 224,850 219,218
Net cash from financing activities 259,117 219,218
Net increae in cash and cash equivalents 15,568 (53,784)
Cash and cash equivalents at the beginning of the period 28,456 59,013
Cash and cash equivalents at the end of the period 44,024 5,229
The annexed notes form an integral part of these accounts.
CHIEF EXECUTIVE DIRECTOR
21/40
SHAMS TEXTILE MILLS LIMITED
CONDENSED INTERIM STATEMENT OF CHANGES IN EQUITY (UN-AUDITED)
FOR THE NINE MONTHS ENDED 31 MARCH 2026
RESERVES
CAPITAL REVENUE
SHARE CAPITAL Unappropriated Total TOTAL EQUITY
Premium on
Fair value General profit / reserves
issue of right Sub total Sub total
reserve reserve (Accumulated
shares
loss)
----------------------------------------------------------------- (Rupees in thousand) -----------------------------------------------------------------
Balance as at 30 June 2024 (Audited) 86,400 86,400 47,423 133,823 600,000 111,095 711,095 844,918 931,318
Loss for the period ended 31 March 2025 - - - - - (89,832) (89,832) (89,832) (89,832)
Other comprehensive loss for the period ended 31 March 2025
- - (18,485) (18,485) - - - (18,485) (18,485)
Total comprehensive (loss) for the period ended 31 March 2025
- - (18,485) (18,485) - (89,832) (89,832) (108,317) (108,317)
Balance as at 31 March 2025 (Un-audited) 86,400 86,400 28,938 115,338 600,000 21,263 621,263 736,601 823,001
Loss for the period ended 30 June 2025 - - - - - (47,362) (47,362) (47,362) (47,362)
Other comprehensive profit for period ended 30 June 2025 - - 4,220 4,220 - - - 4,220 4,220
Total comprehensive (loss) for the ended 30 June 2025 - - 4,220 4,220 - (47,362) (47,362) (43,142) (43,142)
Balance as at 30 June 2025 (Audited) 86,400 86,400 33,158 119,558 600,000 (26,099) 573,901 693,459 779,859
Loss for the period ended 31 March 2026 - - - - - (13,068) (13,068) (13,068) (13,068)
Other comprehensive loss for the period ended 31 March 2026
- - (3,260) (3,260) - - - (3,260) (3,260)
Total comprehensive loss for the nine months ended 31 March 2026
- - (3,260) (3,260) - (13,068) (13,068) (16,328) (16,328)
Balance as at 31 March 2026 (Un-audited) 86,400 86,400 29,898 116,298 600,000 (39,167) 560,833 677,131 763,531
The annexed notes form an integral part of this condensed interim financial information.
____________________ ______________
CHIEF EXECUTIVE DIRECTOR
22/40