Mubarak Textile Mills Returns to Profitability with Rs9.11 Million Earnings in FY2026
Lahore, September 28, 2026: Mubarak Textile Mills Limited has reported a net profit of Rs9.11 million for the financial year ended June 30, 2026, marking a significant improvement from the Rs1.62 million net loss recorded in the previous year.
According to the company’s annual financial results, profit before taxation stood at Rs2.92 million, compared with pre-tax profit of Rs565.96 million? Correction: the reported comparative figure is Rs565,959, or approximately Rs0.57 million, in FY2025. The company reported earnings per share of Rs1.69, compared with a loss per share of Rs0.30 in the preceding year.
Rental Income Supports Financial Performance
Mubarak Textile Mills did not report processing income or sales during the year. Its financial performance was instead supported largely by other operating income of Rs10.04 million, compared with Rs10.23 million in FY2025. The company also recorded general and administrative expenses of Rs10.24 million.
The management explained that broader industry difficulties and energy-related problems prevented the company from engaging in business activity during the year. Despite this, the company continued to generate income from rent, which it identified as its recognized source of income.
Balance Sheet Shows Higher Equity
The company’s total assets increased to Rs285.38 million as of June 30, 2026, compared with Rs275.15 million a year earlier. Non-current assets stood at Rs276.05 million, including property and equipment of Rs137.11 million and investment property of Rs136.44 million.
Shareholders’ equity also improved to Rs233.05 million, compared with Rs219.56 million in FY2025. The company reported accumulated losses of Rs77.11 million, while its surplus on revaluation of property and equipment stood at Rs256.16 million.
Cash Position Remains Limited
Cash and bank balances declined to Rs825,660 at the end of FY2026 from Rs1.20 million a year earlier. The company generated Rs2.37 million from operations before gratuity and tax payments, but net cash outflow from operating activities amounted to Rs1.11 million.
The company received Rs740,000 through long-term financing during the year, compared with Rs1.2 million in the previous year. As a result, cash and cash equivalents decreased by Rs371,963 during FY2026.
No Dividend Declared
Mubarak Textile Mills has not announced a dividend for FY2026. The annual report states that, due to the company’s tight liquidity position, the board decided to pass over the dividend. The financial results also show nil cash dividend, bonus shares and right shares.
AGM Scheduled for October 28
The company’s Annual General Meeting is scheduled for Wednesday, October 28, 2026, at 11:00 a.m. at its stated location, subject to approval and confirmation by the Pakistan Stock Exchange. The share transfer books will remain closed from October 21 to October 29, 2026, both days inclusive.
Six-Year Financial Snapshot
The key financial data presented on page 6 shows that Mubarak Textile Mills has reported no sales in 2025 and 2026, while other income remained around Rs10 million in both years. Pre-tax results improved from a loss in some earlier periods to Rs2.92 million profit in FY2026.
Overall, the FY2026 results show a return to reported profitability for Mubarak Textile Mills, with rental income playing a central role in supporting earnings while the company remained largely inactive in its core business amid the industry and energy challenges described by management.
