At-Tahur Limited Delivers Strong Profit Growth in FY2026

At-Tahur Limited posted a significantly stronger financial performance during the year ended June 30, 2026, with consolidated profit after taxation rising to Rs821.6 million, compared with Rs528.1 million in the previous year. This represents an increase of around 56%, highlighting a substantial improvement in the company’s bottom-line performance. 283745

The company’s consolidated revenue from contracts with customers increased to Rs6.93 billion during FY2026 from Rs5.65 billion in FY2025. Alongside this growth, gains related to milk recognition and changes in the fair value of dairy livestock also contributed to the overall income base. Total income from these components reached approximately Rs12.63 billion, compared with Rs10.65 billion a year earlier. 283745

Operating Performance Improves

At-Tahur’s operating performance also strengthened during the year. Consolidated operating costs increased to Rs9.82 billion from Rs8.13 billion, reflecting the higher scale of operations. Despite the rise in costs, the company reported profit from operations of Rs1.19 billion, up from Rs885.8 million in FY2025. Other income also improved substantially, reaching Rs158.9 million compared with Rs61.9 million previously. 283745

After finance costs, levy and taxation, consolidated profit before tax stood at Rs883.8 million, compared with Rs585.5 million in FY2025. Profit after taxation consequently climbed to Rs821.6 million, while earnings per share increased to Rs3.76 from Rs2.42. 283745

Balance Sheet Shows Continued Expansion

The company also ended FY2026 with a stronger equity position. Consolidated total equity increased to Rs6.96 billion, compared with Rs6.11 billion at June 30, 2025. Unappropriated profit rose to Rs4.30 billion from Rs3.47 billion, reflecting the year’s strong earnings performance. 283745

Total consolidated assets stood at approximately Rs10.49 billion at the end of June 2026. Property, plant and equipment increased to Rs2.05 billion, while biological assets remained a major component of the company’s asset base at approximately Rs4.75 billion. Inventories also increased significantly to Rs1.58 billion from Rs813.7 million a year earlier. 283745

Cash Flow Remains an Area to Watch

While profitability improved sharply, the cash-flow statement presents a different picture. At-Tahur reported net cash used in operating activities of Rs694.1 million during FY2026, compared with Rs460.1 million in the previous year. Capital expenditure also increased to Rs418.3 million from Rs169.3 million. 283745

The company nevertheless ended the year with higher cash and cash equivalents of Rs400.6 million, compared with Rs165.2 million at the end of FY2025. Financing activities generated Rs727.5 million of net cash, while proceeds from the sale of short-term investments also supported liquidity during the year. 283745

Outlook

Overall, At-Tahur Limited’s FY2026 results point to a year of strong earnings growth, higher revenue and an improved equity position. The sharp increase in profit and earnings per share is particularly notable. At the same time, the negative operating cash flow and increased borrowings underline the importance of cash management as the company continues investing in its operations.

With consolidated profit exceeding Rs821 million and revenue from contracts with customers approaching Rs7 billion, At-Tahur enters the new financial year from a considerably stronger profitability position than it held a year earlier.