FRSM Faran Sugar Mills Limited
Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026
Last close · 15 Oct 2026
Rs 40.57 0.00%
Financials
Faran Sugar Mills Limited (FRSM) financials
18 years of annual results (FY2008 – FY2025), 67 quarters.
Faran Sugar Mills Limited (FRSM) reported revenue of Rs 12.0 bn for FY2025 (Oct 2024 – Sep 2025), up 7.4% from FY2024.
Profit attributable to shareholders was Rs 254.7 mn (EPS Rs 6.99), a net margin of 2.1%.
No cash dividend was declared for FY2025.
Net debt stood at Rs 2.6 bn.
Return on equity was 14.2%.
Over the last five years revenue grew at a compound 15.8% a year.
At Rs 40.57 (close on 15 Oct 2026) the shares trade at 4.0× earnings (TTM to Jun 2026) and 0.74× book value.
Fundamentals
FRSM at a glance
Revenue · FY2025
Rs 12.0 bn
▲ 7.4% year on year
Profit attributable to shareholders · FY2025
Rs 254.7 mn
EPS – basic (Rs) · FY2025
Rs 6.99
Dividend per share (Rs) · FY2025
Rs 0.00
Net margin · FY2025
2.1%
+15.9 pts year on year
Debt to equity · FY2025
124.4%
-263.7 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 12.0 bn
- Profit attributable · FY2025
- Rs 254.7 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 6.0 bn
- Equity · FY2025
- Rs 2.2 bn
Financial highlights
FRSM financial results
| Rs bn | 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 | 12.0 | 11.1 | 9.3 | 6.7 | 4.9 | 5.8 | 4.6 | 6.3 | 4.4 | 6.5 |
| Gross profit | 1.1 | 0.5 | 1.5 | 0.5 | 0.0 | 0.3 | 0.3 | 0.5 | (0.1) | 0.7 |
| Operating profit | 0.8 | 0.2 | 1.2 | 0.2 | (0.2) | 0.1 | 0.1 | 0.2 | (0.3) | 0.5 |
| Profit after tax | 0.1 | (0.9) | 0.3 | (0.3) | (0.4) | (0.2) | 0.2 | 0.1 | (0.3) | 0.4 |
| Profit attributable to shareholders | 0.3 | (1.5) | 1.2 | 0.0 | (0.4) | (0.2) | 0.4 | 0.4 | (0.2) | 0.5 |
| EPS – basic (Rs) Rs | 6.99 | (52.62) | 41.88 | 0.94 | (12.72) | (5.88) | 13.06 | 15.18 | (6.32) | 16.57 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 2.15 | 0.00 | 0.00 | 0.00 | 0.86 | 3.22 | 0.00 | 4.29 |
| Total assets | 6.0 | 8.9 | 7.8 | 7.3 | 5.7 | 4.6 | 5.6 | 5.8 | 5.2 | 3.9 |
| Total equity | 2.2 | 1.4 | 3.0 | 1.8 | 1.8 | 2.1 | 2.3 | 2.0 | 1.6 | 1.9 |
| Total debt | 2.7 | 5.5 | 2.1 | 4.1 | 3.3 | 1.6 | 1.8 | 2.2 | 2.3 | 0.3 |
| Net cash from operating activities | 2.4 | (3.1) | 2.2 | (0.1) | (1.2) | 0.1 | 1.2 | 0.5 | (2.1) | 1.3 |
| Capital expenditure | (0.2) | (0.2) | (0.4) | (0.7) | (0.4) | (0.1) | (0.2) | (0.2) | (0.1) | (0.3) |
| Free cash flow (operating cash flow − capex) | 2.3 | (3.3) | 1.8 | (0.9) | (1.6) | 0.0 | 0.9 | 0.3 | (2.2) | 0.9 |
| Rs bn | 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 | 11.9 | 2.9 | 3.5 | 1.5 | 4.0 | 2.6 | 1.8 | 3.6 | 3.2 |
| Gross profit | 1.2 | 0.1 | 0.4 | 0.2 | 0.6 | 0.5 | (0.2) | 0.3 | (0.1) |
| Operating profit | 0.9 | 0.0 | 0.3 | 0.1 | 0.5 | 0.4 | (0.3) | 0.2 | (0.2) |
| Profit after tax | 0.2 | (0.0) | (0.2) | 0.0 | 0.4 | 0.2 | (0.4) | 0.0 | (0.1) |
| Profit attributable to shareholders | — | — | (0.1) | 0.1 | 0.4 | 0.3 | (0.4) | 0.0 | (0.4) |
| EPS – basic (Rs) Rs | 10.08 | (0.17) | (1.43) | 1.87 | 9.81 | 7.08 | (10.65) | 0.37 | (14.87) |
| Dividend per share (Rs) Rs | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 9.0 | 9.0 | 11.2 | 8.2 | 6.0 | 9.5 | 11.0 | 8.7 | 8.9 |
| Total equity | 2.2 | 2.2 | 2.2 | 2.3 | 2.2 | 1.8 | 1.5 | 1.4 | 1.4 |
| Total debt | 5.6 | 5.6 | 7.3 | 4.3 | 2.7 | 6.7 | 8.3 | 5.4 | 5.5 |
| Net cash from operating activities | 1.1 | 1.7 | (3.9) | (0.6) | 3.9 | 1.7 | (3.7) | 0.5 | 2.4 |
| Capital expenditure | — | — | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | (0.0) | (0.1) |
| Free cash flow (operating cash flow − capex) | — | — | (3.9) | (0.6) | 3.8 | 1.7 | (3.7) | 0.5 | 2.4 |
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.