ELCM Elahi Cotton Mills Limited

Elahi Cotton Mills Limited (ELCM) financial ratios

Elahi Cotton Mills Limited earned a net margin of -3.7% in FY2026 against a five-year average of -0.9% (Textile Spinning median 1.0%). Return on equity was -29.7%, compared with a sector median of 1.0%. The current ratio stood at 0.62× and debt was 85.9% of equity. Cash took about 18 days to cycle through receivables, inventory and payables.

FY2026 vs the Textile Spinning median

Gross margin: 0.0%; Sector median 7.8%
Operating margin: -2.5%; Sector median 2.9%
Net margin: -3.7%; Sector median 1.0%
Return on equity (ROE): -29.7%; Sector median 1.0%
Return on assets (ROA): -10.9%; Sector median 0.4%
Current ratio: 0.62×; Sector median 0.90×
Debt to equity: 85.9%; Sector median 87.5%
Asset turnover: 2.97×; Sector median 0.70×

Median of the 51 companies in the sector with the figure for their latest fiscal year.

ELCM financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 Jul 2019 – Jun 2020	FY2019 Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 * Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 * Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007
Profitability
Gross margin	0.0%	4.2%	0.3%	3.3%	3.8%	4.1%	4.7%	2.7%	2.9%	0.6%	1.6%	2.1%	3.2%	1.5%	2.3%	1.2%	(3.2%)	(2.6%)	(1.6%)	(1.5%)
EBITDA margin	(1.7%)	3.0%	(0.9%)	1.9%	2.4%	2.8%	3.6%	2.0%	2.3%	0.1%	0.6%	1.9%	2.6%	1.3%	2.5%	1.6%	(3.3%)	(3.1%)	(1.3%)	(2.9%)
Operating margin	(2.5%)	2.3%	(1.6%)	1.2%	1.8%	2.0%	2.6%	1.1%	1.3%	(1.0%)	(0.8%)	0.4%	1.7%	0.1%	0.9%	(0.0%)	(4.5%)	(4.4%)	(2.6%)	(4.8%)
Pre-tax margin	(3.7%)	1.1%	(2.8%)	1.2%	1.9%	2.3%	2.8%	1.3%	1.9%	(0.6%)	(0.8%)	0.5%	1.7%	1.3%	1.2%	0.2%	(4.4%)	(3.4%)	10.3%	(4.1%)
Net margin	(3.7%)	1.1%	(2.7%)	0.1%	0.7%	1.0%	1.5%	0.1%	1.0%	(1.4%)	(1.4%)	(0.0%)	0.9%	1.1%	0.5%	(0.9%)	(4.1%)	(3.0%)	9.4%	(3.8%)
Effective tax rate	—	0.0%	—	91.3%	60.1%	55.1%	46.8%	88.8%	48.8%	—	—	108.9%	47.6%	15.2%	59.8%	477.4%	—	—	8.8%	—
Returns
Return on equity (ROE)	(29.7%)	12.0%	(27.5%)	0.8%	6.4%	8.4%	11.1%	1.3%	12.5%	(40.1%)	(27.0%)	(0.8%)	—	—	—	—	—	—	—	—
Return on assets (ROA)	(10.9%)	4.0%	(10.3%)	0.4%	2.7%	3.0%	3.6%	0.4%	2.7%	(3.6%)	(3.3%)	(0.1%)	2.8%	3.9%	1.4%	(2.6%)	(10.1%)	(8.4%)	27.1%	—
Return on invested capital (ROIC)	—	5.3%	—	0.5%	3.5%	3.9%	4.9%	0.6%	3.8%	—	—	(0.2%)	4.6%	8.1%	3.2%	(6.9%)	—	—	—	—
Liquidity
Current ratio	0.62×	0.66×	0.54×	0.75×	0.66×	0.54×	0.53×	0.41×	0.37×	0.29×	0.27×	0.25×	1.63×	1.30×	1.48×	1.11×	0.93×	0.42×	0.31×	0.09×
Quick ratio	0.29×	0.37×	0.28×	0.45×	0.42×	0.22×	0.38×	0.25×	0.16×	0.17×	0.15×	0.14×	0.66×	0.52×	0.44×	0.37×	0.51×	0.09×	0.05×	0.03×
Leverage
Debt to equity	85.9%	121.5%	130.5%	77.0%	68.8%	110.3%	119.1%	135.2%	133.7%	843.2%	556.2%	410.5%	396.0%	—	—	—	—	—	—	—
Debt to capital	46.2%	54.8%	56.6%	43.5%	40.8%	52.5%	54.4%	57.5%	57.2%	89.4%	84.8%	80.4%	79.8%	168.5%	183.2%	192.4%	183.3%	398.8%	440.5%	—
Debt to assets	33.8%	40.7%	42.5%	33.2%	32.0%	40.7%	40.2%	43.5%	42.7%	60.2%	59.4%	56.9%	53.5%	87.2%	87.2%	86.7%	83.5%	101.2%	84.0%	65.8%
Assets to equity	2.71×	3.02×	2.66×	2.23×	2.36×	2.83×	3.03×	3.12×	4.63×	11.22×	8.15×	7.31×	—	—	—	—	—	—	—	—
Efficiency
Asset turnover	2.97×	3.72×	3.86×	3.46×	3.64×	2.85×	2.48×	2.95×	2.72×	2.65×	2.33×	2.39×	3.14×	3.56×	2.96×	2.87×	2.47×	2.82×	2.89×	—
Receivable days days	14	11	10	14	8	3	4	4	6	9	10	7	4	3	2	2	2	1	1	—
Inventory days days	19	15	13	12	13	16	13	13	14	13	14	13	12	12	14	10	11	13	11	—
Payable days days	15	12	10	9	8	12	13	8	10	13	11	10	10	11	10	6	8	11	13	—
Cash conversion cycle days	18	14	12	17	13	8	4	8	10	10	13	10	5	3	6	6	4	3	(1)	—
Dividends
Dividend payout ratio	—	0.0%	—	0.0%	0.0%	0.0%	10.1%	0.0%	0.0%	—	—	—	0.0%	0.0%	0.0%	—	—	—	0.0%	—
Earnings retention rate	—	1.00×	—	1.00×	1.00×	1.00×	0.90×	1.00×	1.00×	—	—	—	1.00×	1.00×	1.00×	—	—	—	1.00×	—

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

ELCM: frequently asked questions

What is ELCM's EPS?

Elahi Cotton Mills Limited reported basic earnings per share of Rs -26.86 for FY2026 (Jul 2025 – Jun 2026).

Does ELCM pay dividends?

Elahi Cotton Mills Limited did not declare a cash dividend for FY2026.

What was ELCM's revenue and profit in FY2026?

Elahi Cotton Mills Limited reported revenue of Rs 949.9 mn and profit attributable to shareholders of -Rs 34.9 mn for FY2026 (Jul 2025 – Jun 2026).

What is ELCM's book value per share?

Elahi Cotton Mills Limited's book value per share was Rs 109.79 at the end of FY2026. The shares trade at 2.14× book value.

Information only, not investment advice.