Last close · 16 Oct 2026
Rs 19.98 -0.10%
Financials
Gul Ahmed Textile Mills Limited (GATM) financials
20 years of annual results (FY2007 – FY2026), 80 quarters.
Gul Ahmed Textile Mills Limited (GATM) reported revenue of Rs 162.0 bn for FY2026 (Jul 2025 – Jun 2026), down 12.7% from FY2025.
It made a loss of Rs 338.5 mn attributable to shareholders (EPS Rs -0.45), a net margin of 0.4%.
No cash dividend was declared for FY2026.
Net debt stood at Rs 68.2 bn.
Return on equity was 1.2%.
Over the last five years revenue grew at a compound 12.9% a year.
At Rs 19.98 (close on 16 Oct 2026) the shares trade at 0.29× book value.
Fundamentals
GATM at a glance
Revenue · FY2026
Rs 162.0 bn
▼ 12.7% year on year
Profit attributable to shareholders · FY2026
-Rs 338.5 mn
▼ 107.6% year on year
EPS – basic (Rs) · FY2026
Rs -0.45
▼ 107.5% year on year
Dividend per share (Rs) · FY2026
Rs 0.00
Net margin · FY2026
0.4%
-2.0 pts year on year
Debt to equity · FY2026
138.7%
-26.5 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 162.0 bn
- Profit attributable · FY2026
- -Rs 338.5 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 156.2 bn
- Equity · FY2026
- Rs 51.5 bn
Financial highlights
GATM financial results
| Rs bn | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 162.0 | 185.5 | 143.1 | 112.0 | 121.8 | 88.4 | 55.9 | 59.2 | 46.9 | 41.0 |
| Gross profit | 23.8 | 32.0 | 17.2 | 16.7 | 27.0 | 17.5 | 9.7 | 12.8 | 10.2 | 7.6 |
| Operating profit | 9.4 | 13.7 | 10.1 | 10.8 | 15.4 | 8.7 | 1.8 | 4.6 | 3.3 | 1.4 |
| Profit after tax | 0.6 | 4.5 | 4.7 | 4.0 | 9.8 | 5.3 | (0.6) | 3.6 | 2.2 | 0.8 |
| Profit attributable to shareholders | (0.3) | 4.5 | 4.7 | 4.0 | 9.8 | 5.3 | (0.6) | 3.6 | 2.2 | 0.8 |
| EPS – basic (Rs) Rs | (0.45) | 6.02 | 6.39 | 5.39 | 13.30 | 10.27 | (1.02) | 5.89 | 3.51 | 1.47 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.69 | 0.00 | 1.45 | 1.45 | 0.58 |
| Total assets | 156.2 | 170.8 | 136.5 | 123.5 | 127.1 | 93.0 | 71.8 | 55.4 | 43.9 | 37.2 |
| Total equity | 51.5 | 51.8 | 44.8 | 40.1 | 38.0 | 21.0 | 16.3 | 15.9 | 13.0 | 11.2 |
| Total debt | 71.4 | 85.7 | 59.8 | 53.4 | 63.0 | 54.5 | 42.5 | 29.1 | 23.4 | 19.8 |
| Net cash from operating activities | 25.2 | (10.9) | (2.4) | 12.3 | 5.8 | 0.2 | 0.1 | 0.1 | (1.1) | 2.1 |
| Capital expenditure | (8.1) | (6.1) | (4.0) | (8.0) | (11.5) | (10.1) | (7.7) | (5.1) | (2.2) | (5.7) |
| Free cash flow (operating cash flow − capex) | 17.1 | (17.1) | (6.4) | 4.3 | (5.7) | (9.9) | (7.5) | (4.9) | (3.3) | (3.6) |
| Rs bn | TTM to Jun 2026 | Q4 FY2026 Apr – Jun 2026 | Q3 FY2026 Jan – Mar 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 162.0 | 36.7 | 39.8 | 36.7 | 48.8 | 45.7 | 45.2 | 45.7 | 48.9 |
| Gross profit | 23.8 | 6.8 | 5.4 | 4.6 | 7.0 | 10.1 | 8.5 | 7.1 | 6.4 |
| Operating profit | 7.5 | 2.1 | 1.8 | 1.0 | 2.6 | 4.6 | 4.0 | 2.9 | 2.9 |
| Profit after tax | 0.6 | 0.7 | (0.2) | (0.3) | 0.3 | 2.1 | 1.3 | 0.7 | 0.3 |
| Profit attributable to shareholders | (0.3) | (0.2) | (0.2) | (0.3) | 0.3 | 2.1 | 1.3 | 0.7 | 0.3 |
| EPS – basic (Rs) Rs | (0.45) | (0.28) | (0.23) | (0.35) | 0.41 | 2.89 | 1.76 | 0.93 | 0.45 |
| 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 | 156.2 | 156.2 | 156.8 | 165.3 | 171.0 | 170.8 | 163.0 | 157.2 | 153.5 |
| Total equity | 51.5 | 51.5 | 51.7 | 51.9 | 52.1 | 51.8 | 49.7 | 48.4 | 47.7 |
| Total debt | 70.6 | 70.6 | 71.0 | 81.5 | 81.1 | 83.9 | 80.3 | 75.6 | 68.4 |
| Net cash from operating activities | 20.7 | (1.7) | 12.2 | 4.1 | 6.1 | (2.0) | (2.1) | (3.4) | (3.5) |
| Capital expenditure | (8.1) | (2.3) | (0.8) | (2.5) | (2.5) | (1.9) | (2.1) | (1.3) | (0.8) |
| Free cash flow (operating cash flow − capex) | 12.7 | (3.9) | 11.4 | 1.6 | 3.6 | (3.9) | (4.2) | (4.6) | (4.3) |
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.