Bela Automotives Limited Announces Financial Results for the Year Ended June 30, 2026

Bela Automotives Limited has announced its financial results for the fiscal year ended June 30, 2026, reporting a net loss of approximately Rs. 25.25 million. The company submitted its financial statements to the Pakistan Stock Exchange (PSX) on October 2, 2026, following a meeting of its Board of Directors.

The company manufactures various automotive and industrial components, including bolts, nuts, bicycle parts, motorcycle gears, and shafts.

Financial Performance for FY2026

According to the company’s published financial statements, Bela Automotives Limited recorded a loss of Rs. 25.25 million for the year ended June 30, 2026, compared with a loss of Rs. 24.51 million in the previous financial year.

The loss per share also increased to Rs. 4.35, compared with Rs. 4.23 in FY2025. These figures indicate that the company continued to face financial challenges during the reporting period.

The financial statements show that the company reported no sales revenue for the year. Its cost of sales amounted to approximately Rs. 4.19 million, while administrative expenses stood at Rs. 2.93 million. Other operating expenses reached Rs. 10.13 million, and finance costs amounted to Rs. 8 million.

As a result, the company reported a loss from operations of approximately Rs. 17.25 million and a loss before taxation of Rs. 25.25 million.

Financial Position and Assets

Bela Automotives Limited’s total assets stood at approximately Rs. 218.78 million as of June 30, 2026, compared with Rs. 230.51 million a year earlier.

Property, plant, and equipment accounted for approximately Rs. 148.26 million of the company’s assets. Current assets totaled around Rs. 69.75 million, including stores and spare parts, stock in trade, tax refunds due from the government, and other receivables.

The company’s total equity declined to approximately Rs. 47.21 million from Rs. 72.46 million in FY2025. Meanwhile, current liabilities increased to approximately Rs. 169.38 million, compared with Rs. 153.93 million in the previous year. Short-term borrowings reached approximately Rs. 100.73 million.

These figures highlight the financial pressures reflected in the company’s balance sheet, particularly the decline in equity and increase in current liabilities.

Cash Flow Performance

The company’s cash flow statement reported net cash used in operating activities of approximately Rs. 3.82 million during FY2026, compared with Rs. 5.20 million in FY2025.

Cash and cash equivalents declined from Rs. 341,704 at the beginning of the year to Rs. 244,506 at the end of the reporting period. The statement also recorded net cash generated from financing activities of approximately Rs. 3.72 million, primarily reflecting short-term loan activity.

Although the cash outflow from operating activities narrowed compared with the previous year, the company continued to report a net loss and a reduction in its cash balance.

No Dividend or Bonus Shares Announced

The Board of Directors recommended no cash dividend, bonus shares, or right shares for the year ended June 30, 2026.

The company also announced that its Annual General Meeting (AGM) will be held on October 28, 2026, at 10:00 a.m. at Plot No. 1 and 3, Mouza Pathra, Hub Chowki, Balochistan.

According to the notice, the share transfer books will remain closed from October 22 through October 28, 2026, inclusive.

Outlook

Bela Automotives Limited’s FY2026 results reflect continued financial difficulties, including the absence of reported sales revenue, a higher net loss, declining shareholders’ equity, and increased current liabilities.

The company’s future financial performance will depend on its ability to restore revenue generation, manage operating expenses, address financing costs, and strengthen its overall financial position.

Investors and market observers may wish to review the company’s future disclosures and announcements for further information about its operations and financial recovery efforts.