HIRAT Hira Textile Mills Limited
Latest results: FY2024 · Jun 2024 Q3 FY2025 · Jan – Mar 2025
Last close · 16 Oct 2026
Rs 5.69 -1.90%
Financials
Hira Textile Mills Limited (HIRAT) financials
20 years of annual results (FY2005 – FY2024), 73 quarters.
Hira Textile Mills Limited (HIRAT) reported revenue of Rs 72.8 mn for FY2024 (Jul 2023 – Jun 2024), up 72.6% from FY2023.
It made a loss of Rs 281.3 mn attributable to shareholders (EPS Rs -3.25), a net margin of -386.3%.
Net debt stood at Rs 2.0 bn.
Over the last five years revenue grew at a compound -51.3% a year.
Fundamentals
HIRAT at a glance
Revenue · FY2024
Rs 72.8 mn
▲ 72.6% year on year
Profit attributable to shareholders · FY2024
-Rs 281.3 mn
EPS – basic (Rs) · FY2024
Rs -3.25
Net margin · FY2024
-386.3%
+481.6 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2024
- Rs 72.8 mn
- Profit attributable · FY2024
- -Rs 281.3 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2024
- Rs 2.9 bn
- Equity · FY2024
- -Rs 577.4 mn
Financial highlights
HIRAT financial results
| Rs mn | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 72.8 | 42.2 | 319.8 | 1,473.0 | 1,463.4 | 2,646.0 | 2,171.8 | 3,361.3 | 3,523.4 | 4,061.8 |
| Gross profit | (167.8) | (154.9) | (557.5) | (134.2) | (66.4) | (1,061.5) | (153.7) | 255.0 | 334.7 | 474.3 |
| Operating profit | (193.5) | (300.1) | (587.3) | (170.8) | (109.1) | (1,040.6) | (213.9) | 160.0 | 232.6 | 341.4 |
| Profit after tax | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) | (2,015.8) | (547.0) | 7.5 | 93.6 | 92.3 |
| Profit attributable to shareholders | (281.3) | (366.2) | (583.9) | (172.6) | (303.8) | (2,015.8) | (547.0) | 7.5 | 93.6 | 92.3 |
| EPS – basic (Rs) Rs | (3.25) | (4.23) | (6.74) | (1.99) | (3.51) | (23.28) | (6.32) | 0.09 | 1.08 | 1.07 |
| Dividend per share (Rs) Rs | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 2,948.0 | 3,101.7 | 3,250.8 | 3,973.2 | 3,222.0 | 3,713.2 | 5,434.6 | 5,967.5 | 5,514.6 | 5,021.3 |
| Total equity | (577.4) | (296.2) | 70.1 | 627.8 | 69.0 | (97.4) | 1,947.9 | 1,968.6 | 1,945.2 | 1,852.8 |
| Total debt | 1,993.4 | 1,923.6 | 1,921.1 | 1,901.9 | 1,988.9 | 2,525.3 | 2,597.3 | 2,615.9 | 2,296.6 | 2,349.8 |
| Net cash from operating activities | (6.9) | 4.8 | (12.5) | 116.9 | 63.4 | 81.3 | 176.3 | (226.8) | 138.4 | 41.4 |
| Capital expenditure | — | 0.0 | (1.9) | (98.4) | (46.7) | (73.4) | (98.6) | (99.9) | (90.8) | (182.2) |
| Free cash flow (operating cash flow − capex) | — | 4.8 | (14.3) | 18.5 | 16.7 | 8.0 | 77.7 | (326.7) | 47.6 | (140.7) |
| Rs mn | TTM to Mar 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 | Q4 FY2024 Apr – Jun 2024 | Q3 FY2024 Jan – Mar 2024 | Q2 FY2024 Oct – Dec 2023 | Q1 FY2024 Jul – Sep 2023 | Q4 FY2023 * Apr – Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 26.9 | 2.5 | 6.3 | 4.4 | 13.7 | 6.8 | 52.4 | 0.0 | — |
| Gross profit | (134.0) | (28.0) | (23.8) | (25.8) | (56.4) | (36.6) | (38.8) | (34.5) | — |
| Operating profit | (152.7) | (32.3) | (25.6) | (30.4) | (64.3) | (42.0) | (45.9) | (38.8) | — |
| Profit after tax | (240.8) | (61.2) | (54.6) | (59.3) | (65.7) | (70.9) | (75.5) | (67.6) | — |
| Profit attributable to shareholders | (240.8) | (61.2) | (54.6) | (59.3) | (65.7) | (70.9) | (75.5) | (67.6) | — |
| EPS – basic (Rs) Rs | (2.79) | (0.71) | (0.63) | (0.69) | (0.76) | (0.82) | (0.87) | (0.78) | — |
| Total assets | 2,860.7 | 2,860.7 | 2,889.4 | 2,921.7 | 2,948.0 | 3,020.5 | 3,051.2 | 3,068.4 | — |
| Total equity | (751.8) | (751.8) | (690.7) | (636.7) | (577.4) | (511.7) | (440.8) | (363.7) | — |
| Total debt | 1,926.4 | 1,926.4 | 1,926.4 | 1,926.4 | 1,926.4 | 1,923.6 | 1,923.6 | 1,923.6 | — |
| Net cash from operating activities | (2.1) | 0.4 | 1.6 | (1.6) | (2.5) | 0.5 | (5.0) | 0.2 | — |
| Capital expenditure | — | — | (1.7) | 0.0 | — | — | — | 0.0 | — |
| Free cash flow (operating cash flow − capex) | — | — | (0.1) | (1.6) | — | — | — | 0.2 | — |
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. * Some FY2024 figures do not fully reconcile in the source data. Updated 16 Oct 2026.