NSRM The National Silk & Rayon Mills Limited
Latest results: FY2025 · Jun 2025 Q4 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 188.80 0.00%
Financials
The National Silk & Rayon Mills Limited (NSRM) financials
15 years of annual results (FY2011 – FY2025), 48 quarters.
The National Silk & Rayon Mills Limited (NSRM) reported revenue of Rs 2.5 bn for FY2025 (Jul 2024 – Jun 2025), up 13.8% from FY2024.
Profit attributable to shareholders was Rs 83.4 mn (EPS Rs 5.36), up 25.8%, a net margin of 3.4%.
No cash dividend was declared for FY2025.
The balance sheet showed net cash of Rs 40.7 mn.
Return on equity was 5.5%.
Over the last five years revenue grew at a compound 25.0% a year.
At Rs 188.80 (close on 16 Oct 2026) the shares trade at 41.9× earnings (TTM to Jun 2026) and 1.72× book value.
Fundamentals
NSRM at a glance
Revenue · FY2025
Rs 2.5 bn
▲ 13.8% year on year
Profit attributable to shareholders · FY2025
Rs 83.4 mn
▲ 25.8% year on year
EPS – basic (Rs) · FY2025
Rs 5.36
▲ 25.8% year on year
Dividend per share (Rs) · FY2025
Rs 0.00
Net margin · FY2025
3.4%
+0.3 pts year on year
Debt to equity · FY2025
3.2%
-5.0 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 2.5 bn
- Profit attributable · FY2025
- Rs 83.4 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 2.2 bn
- Equity · FY2025
- Rs 1.6 bn
Financial highlights
NSRM financial results
| Rs mn | 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 | FY2016 Jul 2015 – Jun 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,451.4 | 2,154.2 | 1,758.1 | 1,302.9 | 1,087.0 | 802.7 | 930.9 | 857.5 | 821.6 | 709.7 |
| Gross profit | 190.5 | 155.6 | 53.5 | 111.7 | 102.1 | 32.9 | 71.1 | 77.8 | 67.3 | 63.5 |
| Operating profit | 110.8 | 97.8 | (1.5) | 65.5 | 67.1 | (36.4) | 33.6 | 40.1 | 38.2 | 38.9 |
| Profit after tax | 83.4 | 66.3 | (22.9) | 14.3 | 45.1 | (46.9) | 17.4 | 40.9 | 16.4 | 34.6 |
| Profit attributable to shareholders | 83.4 | 66.3 | (22.9) | 14.3 | 45.1 | (46.9) | 17.4 | 40.9 | 16.4 | 34.6 |
| EPS – basic (Rs) Rs | 5.36 | 4.26 | (1.47) | 0.92 | 2.90 | (3.02) | 1.12 | 2.63 | 1.05 | 2.22 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.75 | 0.00 |
| Total assets | 2,208.7 | 2,182.4 | 2,005.9 | 1,384.5 | 1,289.1 | 1,168.7 | 1,124.9 | 963.9 | 999.6 | 997.7 |
| Total equity | 1,554.3 | 1,470.9 | 1,404.6 | 865.7 | 851.5 | 806.4 | 773.1 | 755.6 | 726.4 | 713.5 |
| Total debt | 49.7 | 120.5 | 86.9 | 191.4 | 132.9 | 98.3 | 87.2 | 74.7 | 94.2 | 115.7 |
| Net cash from operating activities | 126.0 | (13.5) | 193.7 | 20.9 | 3.4 | 9.0 | 27.3 | 55.3 | 24.1 | 36.7 |
| Capital expenditure | (118.0) | (28.4) | (17.4) | (20.2) | (49.0) | (28.2) | (54.4) | (4.8) | (23.3) | (47.6) |
| Free cash flow (operating cash flow − capex) | 7.9 | (41.9) | 176.3 | 0.7 | (45.6) | (19.2) | (27.0) | 50.6 | 0.8 | (10.9) |
| Rs mn | 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 | 2,461.5 | 618.4 | 589.5 | 610.4 | 643.2 | 499.3 | 739.1 | 612.2 | 600.8 |
| Gross profit | 186.0 | 54.8 | 44.1 | 41.1 | 46.0 | 89.8 | 32.5 | 35.7 | 32.5 |
| Operating profit | 120.5 | 40.0 | 28.5 | 22.1 | 29.9 | 57.0 | 18.1 | 22.2 | 17.2 |
| Profit after tax | 70.0 | 22.0 | 18.1 | 9.8 | 20.1 | 57.6 | 8.3 | 8.7 | 10.8 |
| Profit attributable to shareholders | 70.0 | 22.0 | 18.1 | 9.8 | 20.1 | 57.6 | 8.3 | 8.7 | 10.8 |
| EPS – basic (Rs) Rs | 4.50 | 1.41 | 1.17 | 0.63 | 1.29 | 3.69 | 0.53 | 0.56 | 0.69 |
| 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 | 2,388.4 | 2,388.4 | 2,275.9 | 2,271.6 | 2,218.2 | 2,208.7 | 2,148.8 | 2,157.9 | 2,124.2 |
| Total equity | 1,704.5 | 1,704.5 | 1,602.3 | 1,584.2 | 1,574.3 | 1,554.3 | 1,496.6 | 1,488.3 | 1,481.6 |
| Total debt | 123.7 | 123.7 | 76.3 | 78.5 | 80.4 | 49.7 | 65.6 | 94.7 | 70.4 |
| Net cash from operating activities | (23.6) | 1.8 | 7.4 | 29.2 | (62.1) | 59.6 | 22.6 | (37.8) | 81.6 |
| Capital expenditure | (124.7) | (43.5) | (4.9) | (64.5) | (11.9) | (47.4) | (22.7) | (24.2) | (23.7) |
| Free cash flow (operating cash flow − capex) | (148.3) | (41.7) | 2.6 | (35.2) | (74.0) | 12.2 | (0.1) | (61.9) | 57.8 |
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.