Nishat Mills Limited (PSX:NML)

Nishat Mills Income Statement

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	205,037	207,175	212,512	193,676	165,697	104,727
Revenue Growth (YoY)	-2.01%	-2.51%	9.72%	16.89%	58.22%	18.06%
Cost of Revenue	174,392	175,476	179,264	160,676	137,071	86,345
Gross Profit	30,644	31,699	33,247	33,001	28,626	18,382
Selling, General & Admin	18,722	18,351	16,099	13,950	12,069	8,359
Other Operating Expenses	2,197	1,736	2,223	1,510	138.81	-71.63
Operating Expenses	20,919	20,086	18,322	15,459	12,208	8,451
Operating Income	9,725	11,613	14,925	17,541	16,418	9,931
Interest Expense	-7,472	-8,453	-10,448	-6,848	-2,302	-1,485
Interest & Investment Income	3,768	3,768	4,149	2,651	2,101	1,885
Earnings From Equity Investments	1,374	1,759	3,364	1,206	1,667	2,849
Currency Exchange Gain (Loss)	691.35	691.35	898.66	1,513	794.86	25.92
Other Non Operating Income (Expenses)	-4,424	-4,424	-610.01	-655.19	-453.02	-396.79
EBT Excluding Unusual Items	3,663	4,955	12,279	15,408	18,226	12,809
Gain (Loss) on Sale of Investments	1,340	1,340	400.54	-70.47	-32.79	-
Gain (Loss) on Sale of Assets	91.35	91.35	65.04	23.58	63.88	204.24
Other Unusual Items	3,059	3,059	20.91	11.66	29.73	111.32
Pretax Income	8,153	9,445	12,766	15,397	18,287	13,124
Income Tax Expense	4,868	4,706	2,257	2,098	4,354	1,919
Earnings From Continuing Operations	3,285	4,738	10,509	13,299	13,933	11,206
Minority Interest in Earnings	889.35	365.85	-2,640	-2,004	-1,628	-1,309
Net Income	4,175	5,104	7,868	11,295	12,305	9,897
Net Income to Common	4,175	5,104	7,868	11,295	12,305	9,897
Net Income Growth	-37.55%	-35.13%	-30.34%	-8.21%	24.33%	55.79%
Shares Outstanding (Basic)	352	352	352	352	352	352
Shares Outstanding (Diluted)	352	352	352	352	352	352
EPS (Basic)	11.87	14.52	22.38	32.12	35.00	28.15
EPS (Diluted)	11.87	14.52	22.38	32.12	35.00	28.15
EPS Growth	-37.55%	-35.13%	-30.34%	-8.21%	24.33%	55.79%
Free Cash Flow	-597.48	-8,154	-16,381	-9,868	-7,647	1,739
Free Cash Flow Per Share	-1.70	-23.19	-46.59	-28.07	-21.75	4.95
Dividend Per Share	2.000	2.000	3.000	5.000	4.000	4.000
Dividend Growth	-33.33%	-33.33%	-40.00%	25.00%	-	-
Gross Margin	14.95%	15.30%	15.65%	17.04%	17.28%	17.55%
Operating Margin	4.74%	5.61%	7.02%	9.06%	9.91%	9.48%
Profit Margin	2.04%	2.46%	3.70%	5.83%	7.43%	9.45%
Free Cash Flow Margin	-0.29%	-3.94%	-7.71%	-5.10%	-4.61%	1.66%
EBITDA	15,711	17,114	19,806	22,127	20,743	13,756
EBITDA Margin	7.66%	8.26%	9.32%	11.43%	12.52%	13.13%
D&A For EBITDA	5,986	5,501	4,881	4,585	4,325	3,825
EBIT	9,725	11,613	14,925	17,541	16,418	9,931
EBIT Margin	4.74%	5.61%	7.02%	9.06%	9.91%	9.48%
Effective Tax Rate	59.71%	49.83%	17.68%	13.62%	23.81%	14.62%
Advertising Expenses	-	2,410	2,437	1,729	1,410	1,169

Source: S&P Global Market Intelligence. Standard template. Financial Sources.