Shahtaj Sugar Mills Limited (PSX:SHJS)

Shahtaj Sugar Mills Income Statement

Financials in millions PKR. Fiscal year is October - September.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2025	Sep 30, 2024	Sep 30, 2023	Sep 30, 2022	Sep 30, 2021
Revenue	8,649	8,821	9,476	6,615	6,314
Revenue Growth (YoY)	-1.95%	-6.91%	43.25%	4.76%	39.09%
Cost of Revenue	7,789	7,901	7,893	5,848	5,510
Gross Profit	859.39	919.57	1,583	767.49	804.11
Selling, General & Admin	420.78	395.81	382.12	311	263.87
Other Operating Expenses	-50.94	-32.65	66.45	-9.25	-4.57
Operating Expenses	369.84	363.16	448.57	301.75	259.3
Operating Income	489.55	556.41	1,135	465.74	544.8
Interest Expense	-373.51	-637.2	-495.12	-425.3	-261.1
Interest & Investment Income	-	18.61	10.31	12.8	0.78
Earnings From Equity Investments	22.63	5.48	16.86	35.27	30.96
Other Non Operating Income (Expenses)	-	-7.52	-8	-5.98	-3.31
EBT Excluding Unusual Items	138.67	-64.22	658.98	82.53	312.13
Gain (Loss) on Sale of Assets	-	0.4	2.82	2.89	2.13
Pretax Income	138.67	-63.83	661.8	85.42	314.26
Income Tax Expense	105.99	-95.97	256.33	84.34	109.43
Net Income	32.68	32.15	405.47	1.08	204.83
Net Income to Common	32.68	32.15	405.47	1.08	204.83
Net Income Growth	1.66%	-92.07%	37548.28%	-99.47%	-
Shares Outstanding (Basic)	12	12	12	12	12
Shares Outstanding (Diluted)	12	12	12	12	12
Shares Change (YoY)	0.03%	-	-	-	-
EPS (Basic)	2.72	2.68	33.76	0.09	17.05
EPS (Diluted)	2.72	2.68	33.76	0.09	17.05
EPS Growth	1.63%	-92.07%	37548.32%	-99.47%	-
Free Cash Flow	-59.51	-1,737	1,582	-1,275	-651.55
Free Cash Flow Per Share	-4.95	-144.59	131.73	-106.17	-54.25
Dividend Per Share	1.250	-	14.000	-	5.000
Gross Margin	9.94%	10.42%	16.71%	11.60%	12.73%
Operating Margin	5.66%	6.31%	11.98%	7.04%	8.63%
Profit Margin	0.38%	0.36%	4.28%	0.02%	3.24%
Free Cash Flow Margin	-0.69%	-19.69%	16.70%	-19.28%	-10.32%
EBITDA	522.49	591.28	1,168	499.88	570.7
EBITDA Margin	6.04%	6.70%	12.33%	7.56%	9.04%
D&A For EBITDA	32.94	34.87	33.36	34.14	25.9
EBIT	489.55	556.41	1,135	465.74	544.8
EBIT Margin	5.66%	6.31%	11.98%	7.04%	8.63%
Effective Tax Rate	76.43%	-	38.73%	98.74%	34.82%

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.