CHAS Chashma Sugar Mills Limited
Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 83.92 -0.06%
Financials
Chashma Sugar Mills Limited (CHAS) financials
14 years of annual results (FY2012 – FY2025), 43 quarters.
Chashma Sugar Mills Limited (CHAS) reported revenue of Rs 24.9 bn for FY2025 (Oct 2024 – Sep 2025), down 34.5% from FY2024.
It made a loss of Rs 2.9 bn attributable to shareholders (EPS Rs -102.77), a net margin of -11.8%.
No cash dividend was declared for FY2025.
Net debt stood at Rs 17.4 bn.
Return on equity was -25.9%.
Over the last five years revenue grew at a compound 9.3% a year.
At Rs 83.92 (close on 16 Oct 2026) the shares trade at 0.24× book value.
Fundamentals
CHAS at a glance
Revenue · FY2025
Rs 24.9 bn
▼ 34.5% year on year
Profit attributable to shareholders · FY2025
-Rs 2.9 bn
EPS – basic (Rs) · FY2025
Rs -102.77
Dividend per share (Rs) · FY2025
Rs 0.00
Net margin · FY2025
-11.8%
-2.3 pts year on year
Debt to equity · FY2025
177.9%
+47.8 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 24.9 bn
- Profit attributable · FY2025
- -Rs 2.9 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 33.9 bn
- Equity · FY2025
- Rs 10.2 bn
Financial highlights
CHAS 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 | 24.9 | 38.0 | 26.4 | 17.1 | 16.0 | 15.9 | 12.4 | 10.4 | 11.4 | 11.2 |
| Gross profit | 1.7 | 1.9 | 6.2 | 2.9 | 2.1 | 2.9 | 2.2 | 1.4 | 1.2 | 1.1 |
| Operating profit | (0.2) | (0.6) | 4.3 | 1.5 | 1.0 | 1.6 | 1.4 | 0.7 | 0.6 | 0.7 |
| Profit after tax | (2.9) | (3.6) | 1.6 | (0.1) | 0.2 | 0.7 | 0.6 | 0.2 | 0.1 | 0.3 |
| Profit attributable to shareholders | (2.9) | (3.5) | 1.6 | (0.1) | 0.2 | 0.7 | 0.6 | 0.2 | 0.1 | 0.3 |
| EPS – basic (Rs) Rs | (102.77) | (121.02) | 55.21 | (2.56) | 6.52 | 25.61 | 19.90 | 6.70 | 3.21 | 10.37 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 5.00 | 0.00 | 5.00 | 5.00 | 5.00 | 1.50 | 1.50 | 4.50 |
| Total assets | 33.9 | 35.0 | 33.7 | 25.8 | 17.2 | 15.1 | 13.7 | 13.8 | 10.6 | 10.1 |
| Total equity | 10.2 | 12.8 | 14.6 | 11.2 | 9.2 | 7.7 | 6.3 | 5.8 | 4.1 | 4.1 |
| Total debt | 18.2 | 16.7 | 11.8 | 10.1 | 5.5 | 5.1 | 4.8 | 5.5 | 4.5 | 3.6 |
| Net cash from operating activities | (4.4) | (3.9) | 2.2 | 0.2 | 1.1 | 1.7 | 1.4 | (0.2) | (0.3) | 2.7 |
| Capital expenditure | (0.4) | (0.6) | (2.9) | (4.5) | (1.3) | (0.8) | (0.8) | (0.3) | (0.4) | (0.5) |
| Free cash flow (operating cash flow − capex) | (4.8) | (4.5) | (0.8) | (4.3) | (0.2) | 0.9 | 0.6 | (0.6) | (0.7) | 2.2 |
| 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 | 34.5 | 8.3 | 5.1 | 11.7 | 9.5 | 6.5 | 5.9 | 7.0 | 13.3 |
| Gross profit | 5.0 | 1.5 | 1.3 | 2.0 | 0.3 | 1.1 | 0.2 | 0.1 | (1.1) |
| Operating profit | 2.2 | 0.5 | 1.0 | 1.1 | (0.4) | 0.4 | (0.5) | (0.2) | (1.9) |
| Profit after tax | (1.4) | (0.2) | 0.1 | 0.2 | (1.5) | (0.3) | (0.9) | (0.9) | (1.7) |
| Profit attributable to shareholders | (1.4) | (0.2) | 0.1 | 0.2 | (1.5) | (0.3) | (0.8) | (0.8) | (1.5) |
| EPS – basic (Rs) Rs | (49.67) | (6.91) | 1.88 | 6.49 | (51.13) | (11.74) | (29.19) | (29.23) | (49.75) |
| 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 | 49.8 | 49.8 | 51.0 | 36.9 | 33.9 | 41.1 | 47.2 | 40.1 | 35.0 |
| Total equity | 10.1 | 10.1 | 10.3 | 10.1 | 10.2 | 11.4 | 12.1 | 11.9 | 12.8 |
| Total debt | 34.2 | 34.2 | 33.8 | 20.0 | 18.2 | 23.4 | 29.3 | 20.9 | 16.7 |
| Net cash from operating activities | (9.7) | 0.1 | (14.3) | (1.9) | 6.4 | 2.9 | (8.7) | (4.9) | 6.8 |
| Capital expenditure | (0.7) | (0.3) | (0.1) | (0.0) | (0.3) | — | (0.1) | (0.1) | — |
| Free cash flow (operating cash flow − capex) | (10.4) | (0.2) | (14.3) | (1.9) | 6.1 | — | (8.8) | (5.0) | — |
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. * Some FY2025 figures do not fully reconcile in the source data. Updated 16 Oct 2026.