Tandlianwala Sugar Mills Limited (PSX:TSML)

Pakistan · Delayed Price · Currency is PKR

505.09

-35.17 (-6.51%)

At close: Aug 18, 2026

Tandlianwala Sugar Mills Financials Overview

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

Millions PKR. Fiscal year is Oct - Sep.

Revenue & Profits

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Revenue	56,224	40,480	38,312	42,290	32,300	27,114
Revenue Growth	54.60%	5.66%	-9.41%	30.93%	19.13%	27.47%
Gross Profit	5,911	6,022	6,122	5,665	3,754	3,113
Operating Income	4,240	4,419	5,306	4,249	2,683	2,283
Net Income	884.69	709.72	1,083	1,509	517.71	712.25
Earnings Per Share	7.53	6.03	9.20	12.82	4.40	6.05
EPS Growth	154.93%	-34.45%	-28.26%	191.52%	-27.31%	-

Revenue by Segment

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Ethanol	7,180	12,490	13,467	10,756	6,756
Sugar	33,090	25,699	28,505	21,192	20,185
Top Gas & Others	210.37	121.88	317.9	351.82	173.66
Total	40,480	38,312	42,290	32,300	27,114

Cash & Debt

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Cash & Investments	207.08	113.83	258.88	1,010	644.78	101.75
Total Debt	26,992	18,198	18,906	9,509	11,699	11,698
Net Cash (Debt)	-26,785	-18,085	-18,647	-8,499	-11,055	-11,596
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share	-227.84	-153.64	-158.42	-72.20	-93.92	-98.52

Cash Flow & CapEx

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Operating Cash Flow	-3,084	821.74	-9,951	3,026	789.12	-1,790
Capital Expenditures	-78.74	-120.59	-224.52	-309.67	-257.34	-596.71
Free Cash Flow	-3,162	701.15	-10,176	2,716	531.78	-2,387
Free Cash Flow Growth	-	-	-	410.78%	-	-

Margins

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
Gross Margin	10.51%	14.88%	15.98%	13.40%	11.62%	11.48%
Operating Margin	7.54%	10.92%	13.85%	10.05%	8.31%	8.42%
Pretax Margin	1.99%	1.97%	4.78%	5.08%	3.06%	3.81%
Profit Margin	1.57%	1.75%	2.83%	3.57%	1.60%	2.63%
FCF Margin	-5.62%	1.73%	-26.56%	6.42%	1.65%	-8.80%

Valuation

Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Aug '26 Aug 18, 2026	Sep '25 Sep 30, 2025	Sep '24 Sep 30, 2024	Sep '23 Sep 30, 2023	Sep '22 Sep 30, 2022	Sep '21 Sep 30, 2021
PE Ratio	71.79	37.13	7.28	5.29	19.35	27.93
P/FCF Ratio	-	37.58	-	2.94	18.84	-
PS Ratio	1.13	0.65	0.21	0.19	0.31	0.73