Last close · 16 Oct 2026
Rs 457.80 +0.34%
Financials
Tandlianwala Sugar Mills Limited (TSML) financials
20 years of annual results (FY2006 – FY2025).
Tandlianwala Sugar Mills Limited (TSML) reported revenue of Rs 40.5 bn for FY2025 (Oct 2024 – Sep 2025), up 5.7% from FY2024.
Profit attributable to shareholders was Rs 709.7 mn (EPS Rs 6.03), down 34.4%, a net margin of 1.8%.
No cash dividend was declared for FY2025.
Net debt stood at Rs 18.1 bn.
Return on equity was 5.0%.
Over the last five years revenue grew at a compound 13.7% a year.
At Rs 457.80 (close on 16 Oct 2026) the shares trade at 75.9× earnings (FY2025) and 3.72× book value.
Fundamentals
TSML at a glance
Revenue · FY2025
Rs 40.5 bn
▲ 5.7% year on year
Profit attributable to shareholders · FY2025
Rs 709.7 mn
▼ 34.4% year on year
EPS – basic (Rs) · FY2025
Rs 6.03
▼ 34.5% year on year
Dividend per share (Rs) · FY2025
Rs 0.00
Net margin · FY2025
1.8%
-1.1 pts year on year
Debt to equity · FY2025
125.7%
-12.2 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 40.5 bn
- Profit attributable · FY2025
- Rs 709.7 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 40.4 bn
- Equity · FY2025
- Rs 14.5 bn
Financial highlights
TSML 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 | 40.5 | 38.3 | 42.3 | 32.3 | 27.1 | 21.3 | 27.3 | 17.5 | 13.9 | 18.7 |
| Gross profit | 6.0 | 6.1 | 5.7 | 3.8 | 3.1 | 1.8 | 4.2 | 2.9 | 2.1 | 2.4 |
| Operating profit | 4.7 | 5.4 | 4.3 | 2.6 | 2.3 | 1.0 | 3.1 | 1.9 | 1.3 | 1.8 |
| Profit after tax | 0.7 | 1.1 | 1.5 | 0.5 | 0.7 | (0.3) | 1.4 | 0.8 | 0.5 | 0.9 |
| Profit attributable to shareholders | 0.7 | 1.1 | 1.5 | 0.5 | 0.7 | (0.3) | 1.4 | 0.8 | 0.5 | 0.9 |
| EPS – basic (Rs) Rs | 6.03 | 9.20 | 12.82 | 4.40 | 6.05 | (2.39) | 12.28 | 6.86 | 4.00 | 7.63 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 40.4 | 41.6 | 30.8 | 31.9 | 27.5 | 23.4 | 23.6 | 29.2 | 25.8 | 16.2 |
| Total equity | 14.5 | 13.7 | 12.6 | 11.1 | 10.6 | 9.8 | 10.0 | 7.0 | 6.2 | 5.7 |
| Total debt | 18.2 | 18.9 | 9.5 | 11.7 | 11.7 | 9.6 | 9.2 | 13.1 | 14.1 | 6.8 |
| Net cash from operating activities | 0.8 | (10.0) | 3.0 | 0.8 | (1.8) | 0.6 | 3.5 | 3.6 | (3.5) | 2.3 |
| Capital expenditure | (0.1) | (0.2) | (0.3) | (0.3) | (0.6) | (0.6) | (1.3) | (2.1) | (2.6) | (0.8) |
| Free cash flow (operating cash flow − capex) | 0.7 | (10.2) | 2.7 | 0.5 | (2.4) | (0.0) | 2.2 | 1.5 | (6.2) | 1.5 |
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 15 Oct 2026.