Tandlianwala Sugar Mills Limited (PSX:TSML)

Tandlianwala 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	40,480	38,312	42,290	32,300	27,114
Revenue Growth (YoY)	5.66%	-9.41%	30.93%	19.13%	27.47%
Cost of Revenue	34,458	32,190	36,625	28,546	24,001
Gross Profit	6,022	6,122	5,665	3,754	3,113
Selling, General & Admin	1,478	1,350	1,417	1,089	863.06
Other Operating Expenses	124.59	-534.1	-1.05	-17.37	-32.38
Operating Expenses	1,603	815.52	1,416	1,071	830.69
Operating Income	4,419	5,306	4,249	2,683	2,283
Interest Expense	-3,614	-3,600	-2,446	-1,677	-1,185
Interest & Investment Income	5.67	118.29	33.4	3.96	9.57
Currency Exchange Gain (Loss)	-1.54	13.84	244.08	47.93	45.49
Other Non Operating Income (Expenses)	-10.8	-7.14	59.5	-69.22	-119.47
EBT Excluding Unusual Items	798.42	1,831	2,141	988.4	1,033
Gain (Loss) on Sale of Assets	-	-	8.51	0.09	0.07
Pretax Income	798.42	1,831	2,149	988.49	1,033
Income Tax Expense	88.7	748.35	639.87	470.78	320.99
Net Income	709.72	1,083	1,509	517.71	712.25
Net Income to Common	709.72	1,083	1,509	517.71	712.25
Net Income Growth	-34.45%	-28.26%	191.52%	-27.31%	-
Shares Outstanding (Basic)	118	118	118	118	118
Shares Outstanding (Diluted)	118	118	118	118	118
EPS (Basic)	6.03	9.20	12.82	4.40	6.05
EPS (Diluted)	6.03	9.20	12.82	4.40	6.05
EPS Growth	-34.45%	-28.26%	191.52%	-27.31%	-
Free Cash Flow	701.15	-10,176	2,716	531.78	-2,387
Free Cash Flow Per Share	5.96	-86.45	23.08	4.52	-20.28
Gross Margin	14.88%	15.98%	13.40%	11.62%	11.48%
Operating Margin	10.92%	13.85%	10.05%	8.31%	8.42%
Profit Margin	1.75%	2.83%	3.57%	1.60%	2.63%
Free Cash Flow Margin	1.73%	-26.56%	6.42%	1.65%	-8.80%
EBITDA	5,095	6,021	4,983	3,494	3,035
EBITDA Margin	12.59%	15.72%	11.78%	10.82%	11.19%
D&A For EBITDA	676.19	714.73	733.82	811.55	752.5
EBIT	4,419	5,306	4,249	2,683	2,283
EBIT Margin	10.92%	13.85%	10.05%	8.31%	8.42%
Effective Tax Rate	11.11%	40.87%	29.77%	47.63%	31.07%

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