AGSML Abdullah Shah Ghazi Sugar Mills Limited
Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 9.61 -1.23%
Financials
Abdullah Shah Ghazi Sugar Mills Limited (AGSML) financials
19 years of annual results (FY2007 – FY2025), 67 quarters.
Abdullah Shah Ghazi Sugar Mills Limited (AGSML) reported revenue of Rs 273.7 mn for FY2025 (Oct 2024 – Sep 2025).
It made a loss of Rs 310.7 mn attributable to shareholders (EPS Rs -3.92), a net margin of -113.5%.
No cash dividend was declared for FY2025.
Net debt stood at Rs 1.1 bn.
Over the last five years revenue grew at a compound 36.2% a year.
Fundamentals
AGSML at a glance
Revenue · FY2025
Rs 273.7 mn
Profit attributable to shareholders · FY2025
-Rs 310.7 mn
EPS – basic (Rs) · FY2025
Rs -3.92
Dividend per share (Rs) · FY2025
Rs 0.00
Net margin · FY2025
-113.5%
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 273.7 mn
- Profit attributable · FY2025
- -Rs 310.7 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 3.3 bn
- Equity · FY2025
- -Rs 956.2 mn
Financial highlights
AGSML financial results
| Rs mn | FY2025 Oct 2024 – Sep 2025 | FY2024 * Oct 2023 – Sep 2024 | FY2023 * Oct 2022 – Sep 2023 | FY2022 * Oct 2021 – Sep 2022 | FY2021 * Oct 2020 – Sep 2021 | FY2020 * Oct 2019 – Sep 2020 | FY2019 * Oct 2018 – Sep 2019 | FY2018 * Oct 2017 – Sep 2018 | FY2017 * Oct 2016 – Sep 2017 | FY2016 * Oct 2015 – Sep 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 273.7 | 0.0 | 385.3 | 0.0 | 0.0 | 58.4 | 153.1 | 118.7 | 298.6 | 430.6 |
| Gross profit | (248.5) | (220.5) | (458.0) | (195.6) | (200.9) | (202.4) | (174.3) | (244.3) | (102.7) | (323.7) |
| Operating profit | (265.3) | (235.4) | (491.6) | (221.3) | (232.0) | (216.9) | (195.8) | (264.6) | (126.9) | (349.3) |
| Profit after tax | (310.7) | (191.5) | (283.6) | (320.0) | (222.2) | (209.3) | (54.0) | (322.6) | 55.0 | (384.3) |
| Profit attributable to shareholders | (310.7) | (191.5) | (283.6) | (320.0) | (222.2) | (209.3) | (54.0) | (322.6) | 55.0 | (384.3) |
| EPS – basic (Rs) Rs | (3.92) | (2.42) | (3.58) | (4.04) | (2.80) | (2.64) | (0.68) | (4.07) | 0.69 | (4.85) |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 3,295.6 | 3,331.6 | 3,542.6 | 3,490.1 | 3,654.7 | 3,826.1 | 4,064.8 | 2,803.4 | 2,858.9 | 3,050.3 |
| Total equity | (956.2) | (645.5) | (456.4) | (173.3) | 146.2 | 368.0 | 576.9 | (344.8) | (29.4) | (92.4) |
| Total debt | 1,112.8 | 997.3 | 899.0 | 664.2 | 606.5 | 548.9 | 549.9 | 550.9 | 552.6 | 559.7 |
| Net cash from operating activities | 24.2 | (103.3) | 127.9 | (55.5) | (58.1) | (2.0) | 7.8 | 3.9 | 61.7 | 43.5 |
| Capital expenditure | (136.4) | (0.0) | (362.5) | (0.1) | 0.0 | (0.5) | (6.5) | (7.5) | (47.0) | (4.3) |
| Free cash flow (operating cash flow − capex) | (112.2) | (103.4) | (234.5) | (55.6) | (58.1) | (2.5) | 1.3 | (3.5) | 14.7 | 39.2 |
| Rs mn | TTM to Jun 2026 | Q3 FY2026 Apr – Jun 2026 | Q2 FY2026 Jan – Mar 2026 | Q1 FY2026 Oct – Dec 2025 | Q4 FY2025 Jul – Sep 2025 | Q3 FY2025 Apr – Jun 2025 | Q2 FY2025 Jan – Mar 2025 | Q1 FY2025 Oct – Dec 2024 | Q4 FY2024 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.8 | 0.0 | 0.0 | 0.0 | 12.8 | 140.8 | 120.0 | 0.0 | 0.0 |
| Gross profit | (213.9) | (51.0) | (54.2) | (56.5) | (52.2) | (43.0) | (111.0) | (46.7) | (40.0) |
| Operating profit | (231.5) | (54.3) | (59.7) | (59.9) | (57.6) | (46.3) | (117.2) | (48.5) | (44.8) |
| Profit after tax | (326.1) | (42.9) | (77.0) | (71.4) | (134.8) | (57.4) | (69.5) | (49.5) | 55.4 |
| Profit attributable to shareholders | (326.1) | (42.9) | (77.0) | (71.4) | (134.8) | (57.4) | (69.5) | (49.5) | 55.4 |
| EPS – basic (Rs) Rs | (4.11) | (0.54) | (0.97) | (0.90) | (1.70) | (0.72) | (0.88) | (0.63) | 0.70 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 3,250.1 | 3,250.1 | 3,250.7 | 3,271.5 | 3,295.6 | 3,356.4 | 3,425.3 | 3,447.0 | 3,331.6 |
| Total equity | (1,148.3) | (1,148.3) | (1,106.2) | (1,027.7) | (956.2) | (821.4) | (765.7) | (695.1) | (645.5) |
| Total debt | 1,294.0 | 1,294.0 | 1,236.8 | 1,104.7 | 1,112.8 | 1,235.0 | 1,134.2 | 1,008.0 | 997.3 |
| Net cash from operating activities | (26.5) | (26.8) | (127.1) | 6.7 | 120.6 | (99.5) | (125.8) | 128.9 | (12.0) |
| Capital expenditure | — | (14.6) | — | (0.5) | (2.2) | — | — | (134.2) | (3.0) |
| Free cash flow (operating cash flow − capex) | — | (41.4) | — | 6.2 | 118.5 | — | — | (5.3) | (15.0) |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. Updated 16 Oct 2026.