Balochistan Wheels Posts 37% Rise in Nine-Month Profit as Sales and Cash Flow Improve
Karachi — April 13, 2026: Balochistan Wheels Limited has reported a notable improvement in profitability for the nine months ended March 31, 2026, with profit after tax rising to Rs281.06 million, compared with Rs205.24 million in the corresponding period of the previous year.
The company’s latest financial results, approved by its Board of Directors on April 13, 2026, show continued growth in revenue and earnings during the nine-month period. The company did not recommend any cash dividend, bonus shares or right shares for the period.
Revenue and Profit Show Strong Growth
According to the financial statements, Balochistan Wheels recorded net turnover of Rs2.154 billion during the nine months ended March 31, 2026, compared with Rs1.791 billion a year earlier. This represents an increase of roughly 20%.
Gross profit also improved significantly, reaching Rs564.09 million, compared with Rs379.75 million in the same period of 2025.
After distribution, administrative, other and finance costs, the company reported profit before tax of Rs419.90 million, up from Rs296.95 million in the corresponding period.
Profit after tax increased from Rs205.24 million to Rs281.06 million, representing growth of approximately 37%.
The improvement was also reflected in earnings per share. Basic and diluted EPS increased to Rs21.08 from Rs15.39 in the nine-month period.
March Quarter Sees Softer Profit
While the nine-month performance remained strong, the figures for the March 2026 quarter were comparatively softer.
Quarterly turnover increased to Rs754.28 million, from Rs653.25 million in the same quarter of 2025. Gross profit rose to Rs173.34 million from Rs133.71 million.
However, profit after tax for the quarter stood at Rs75.69 million, compared with Rs90.80 million in the same quarter last year. Quarterly EPS consequently declined to Rs5.68 from Rs6.81.
The results indicate that the company’s overall nine-month earnings momentum remained positive even though the final quarter produced lower year-on-year net profit.
Cash Position Improves
Balochistan Wheels also reported a substantial improvement in operating cash generation. Net cash generated from operating activities stood at Rs66.16 million during the nine months, compared with a net operating cash outflow of Rs80.70 million in the corresponding period of 2025.
Cash and cash equivalents at the end of March 2026 amounted to Rs75.25 million, compared with Rs33.61 million at the end of March 2025.
The company generated Rs216.53 million from investing activities, while financing activities resulted in a net cash outflow of Rs223.25 million, largely reflecting dividend payments.
Balance Sheet Remains Substantial
As of March 31, 2026, Balochistan Wheels had total assets of approximately Rs2.731 billion, compared with Rs2.663 billion as of June 30, 2025.
Property, plant and equipment stood at Rs971.31 million, while stock-in-trade was reported at Rs643.32 million. Trade debts amounted to Rs341.08 million.
The company’s equity stood at approximately Rs2.366 billion, compared with Rs2.312 billion at the end of June 2025.
No Dividend or Bonus Issue Recommended
For the period under review, the Board recommended no cash dividend, no bonus issue and no right shares. The company also reported no other entitlement or corporate action in its announcement.
Overall, the nine-month results present a picture of higher sales, stronger gross profit, improved earnings and a better operating cash position. At the same time, the lower March-quarter profit highlights that quarterly performance can differ from the broader nine-month trend.
Balochistan Wheels’ financial statements provide investors and market observers with a useful snapshot of the company’s performance through March 2026, particularly its improvement in profitability and operating cash generation.
