Hafiz Limited Posts Higher FY2026 Profit as Earnings Rise to Rs58.45 Million
Hafiz Limited has reported improved financial performance for the year ended June 30, 2026, with the company’s profit after tax increasing to Rs58.45 million, compared with Rs52.89 million in the previous year. The financial results were presented to the Pakistan Stock Exchange following a meeting of the company’s Board of Directors on September 30, 2026.
According to the company’s financial statements, profit before income tax and final taxes rose to Rs70.11 million in FY2026 from Rs63.17 million a year earlier. After accounting for final and income taxes, profit after tax stood at Rs58.45 million, up from Rs52.89 million in FY2025.
The company’s earnings per share (EPS) also improved during the year, reaching Rs48.71, compared with Rs44.08 in FY2025. This represents an increase of roughly 10.5% and reflects the improvement in annual profitability.
Operating Performance Improves
Hafiz Limited recorded an operating profit of Rs70.13 million during FY2026, compared with Rs63.19 million in the preceding year. Rental income increased to Rs43.16 million from Rs39.29 million, while other income stood at Rs22.99 million compared with Rs16.76 million in FY2025.
The financial statements also show a fair valuation gain on investment property of Rs22.08 million, slightly lower than the Rs23.89 million recorded in the previous year. Administrative expenses increased to Rs18.03 million from Rs16.75 million.
Assets Reach Nearly Rs716 Million
Hafiz Limited’s financial position also strengthened during the year. Total assets stood at Rs715.95 million as of June 30, 2026, compared with Rs657.29 million at the end of FY2025.
Investment property remained the largest component of the company’s non-current assets, rising to Rs608.01 million from Rs585.93 million. Short-term investments increased to Rs66.68 million from Rs40.26 million, while cash and bank balances reached Rs24.28 million.
Shareholders’ equity increased to Rs696.18 million, compared with Rs640.71 million a year earlier. The company maintained its issued, subscribed and paid-up capital at Rs12 million, while reserves increased to Rs684.18 million.
30% Cash Dividend Recommended
Alongside the annual financial results, the Board recommended a 30% cash dividend for shareholders. The company did not recommend any bonus shares or right shares. The annual report for the year ended June 30, 2026 is scheduled to be transmitted separately through PUCARS within the specified timeframe.
Positive Cash Generation from Operations
The company generated Rs18.81 million in net cash from operating activities during FY2026, compared with Rs15.48 million in the previous year.
Cash generated from operations before taxes and finance costs amounted to Rs30.42 million. After income tax and finance costs, net operating cash flow remained positive at Rs18.81 million. At year-end, cash and cash equivalents stood at Rs24.28 million, compared with Rs22.16 million at June 30, 2025.
Overall, Hafiz Limited’s FY2026 results show higher profitability, stronger shareholders’ equity and increased operating cash generation. The improvement in earnings was accompanied by a rise in EPS and a recommendation for a 30% cash dividend, according to the company’s financial statements and board communication.
