Last close · 15 Nov 2024
Rs 8.81 +7.05%
Financials
Huffaz Seamless Pipe Industries Limited (HSPI) financials
20 years of annual results (FY2004 – FY2023), 65 quarters.
Huffaz Seamless Pipe Industries Limited (HSPI) reported revenue of Rs 171.0 mn for FY2023 (Jul 2022 – Jun 2023), up 27.3% from FY2022.
It made a loss of Rs 162.7 mn attributable to shareholders (EPS Rs -2.93), a net margin of -95.1%.
Net debt stood at Rs 42.3 mn.
Return on equity was -3.1%.
Over the last five years revenue grew at a compound -27.5% a year.
At Rs 8.81 (close on 15 Nov 2024) the shares trade at 0.09× book value.
Fundamentals
HSPI at a glance
Revenue · FY2023
Rs 171.0 mn
▲ 27.3% year on year
Profit attributable to shareholders · FY2023
-Rs 162.7 mn
EPS – basic (Rs) · FY2023
Rs -2.93
Net margin · FY2023
-95.1%
-15.0 pts year on year
Debt to equity · FY2023
0.9%
+0.0 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2023
- Rs 171.0 mn
- Profit attributable · FY2023
- -Rs 162.7 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2023
- Rs 7.7 bn
- Equity · FY2023
- Rs 5.3 bn
Financial highlights
HSPI financial results
| Rs mn | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 171.0 | 134.3 | 97.2 | 341.6 | 501.1 | 854.8 | 946.6 | 1,002.4 | 1,974.0 | 1,518.1 |
| Gross profit | (106.4) | (103.1) | (69.4) | 73.5 | 132.6 | 127.0 | 97.9 | 73.5 | 178.5 | 31.2 |
| Operating profit | (150.6) | (151.7) | (103.6) | 11.1 | 40.3 | 25.6 | 12.8 | (10.4) | (33.2) | (37.1) |
| Profit after tax | (162.7) | (107.7) | (105.8) | (6.1) | 2.2 | 67.9 | 25.6 | 20.0 | (12.7) | (36.3) |
| Profit attributable to shareholders | (162.7) | (107.7) | (105.8) | (6.1) | 2.2 | 67.9 | 25.6 | 20.0 | (12.7) | (36.3) |
| EPS – basic (Rs) Rs | (2.93) | (1.94) | (1.91) | (0.11) | 0.04 | 1.22 | 0.46 | 0.36 | (0.23) | (0.66) |
| Dividend per share (Rs) Rs | — | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 7,673.2 | 7,726.9 | 7,722.2 | 7,652.8 | 7,075.1 | 7,044.0 | 7,213.5 | 7,349.3 | 7,270.2 | 7,249.5 |
| Total equity | 5,299.0 | 5,342.6 | 5,533.0 | 5,582.6 | 5,054.4 | 5,056.3 | 4,843.9 | 4,822.2 | 4,734.9 | 4,571.6 |
| Total debt | 49.5 | 49.3 | — | 0.0 | 0.6 | 38.2 | 163.3 | 3.4 | 4.0 | 30.6 |
| Net cash from operating activities | (33.2) | (142.0) | (228.3) | (0.3) | 81.0 | 130.9 | (152.6) | 44.1 | (9.1) | (49.6) |
| Capital expenditure | (8.9) | (2.5) | (4.2) | (4.5) | (56.3) | (34.6) | (25.9) | (9.2) | (23.3) | (41.8) |
| Free cash flow (operating cash flow − capex) | (42.0) | (144.5) | (232.5) | (4.8) | 24.7 | 96.3 | (178.5) | 35.0 | (32.4) | (91.4) |
| Rs mn | Q4 FY2022 * Apr – Jun 2022 | Q4 FY2021 * Apr – Jun 2021 | Q4 FY2020 Apr – Jun 2020 | Q3 FY2020 Jan – Mar 2020 | Q1 FY2020 Jul – Sep 2019 | Q4 FY2019 Apr – Jun 2019 | Q3 FY2019 Jan – Mar 2019 | Q2 FY2019 Oct – Dec 2018 |
|---|---|---|---|---|---|---|---|---|
| Revenue | — | — | 0.0 | — | 124.5 | 62.3 | 110.5 | 191.5 |
| Gross profit | — | — | 9.6 | — | 1.2 | (4.6) | 124.3 | 6.5 |
| Operating profit | — | — | (14.2) | — | (16.0) | (37.6) | 105.3 | (14.8) |
| Profit after tax | — | — | (21.9) | — | 4.9 | (22.1) | 4.8 | (14.2) |
| Profit attributable to shareholders | — | — | (21.9) | — | 4.9 | (22.1) | 4.8 | (14.2) |
| EPS – basic (Rs) Rs | — | — | (0.40) | — | 0.09 | (0.39) | 0.09 | (0.26) |
| Dividend per share (Rs) Rs | — | — | 0.00 | — | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | — | — | 7,652.8 | 6,951.1 | 6,974.0 | 7,075.1 | 6,909.3 | 6,911.3 |
| Total equity | — | — | 5,582.6 | 5,068.3 | 5,059.3 | 5,054.4 | 5,080.5 | 5,075.7 |
| Total debt | — | — | 0.0 | 0.0 | 0.0 | 0.6 | 2.0 | 2.1 |
| Net cash from operating activities | — | — | (20.4) | — | (7.1) | (5.0) | 42.7 | 13.2 |
| Capital expenditure | — | — | — | — | (1.0) | (16.2) | (11.0) | (12.0) |
| Free cash flow (operating cash flow − capex) | — | — | — | — | (8.1) | (21.2) | 31.7 | 1.1 |
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.