Leiner Pak Gelatine Limited Announces Annual Financial Results for FY2026

Leiner Pak Gelatine Limited has announced its financial results for the year ended June 30, 2026, reporting a significant decline in profitability compared with the previous financial year. The company disclosed its annual results on October 7, 2026, following approval by its Board of Directors.

According to the financial statements submitted to the Pakistan Stock Exchange (PSX), the company’s net profit after taxation fell to Rs293,000 for FY2026, compared with Rs15.822 million in the previous financial year.

Revenue Declines During FY2026

Leiner Pak Gelatine Limited recorded net sales of Rs1.626 billion during the year ended June 30, 2026, compared with Rs1.629 billion in FY2025. Although revenue remained relatively stable, the company’s gross profit declined considerably.

Gross profit fell to Rs194.525 million from Rs273.317 million in the previous year, reflecting increased pressure on profitability. The company’s cost of sales stood at approximately Rs1.432 billion during FY2026.

The decline in gross profit, alongside operating expenses and financing costs, contributed to the sharp reduction in the company’s annual earnings.

Profitability Comes Under Pressure

The company’s financial results showed a substantial decrease in earnings before taxation. Leiner Pak Gelatine reported a loss before taxation of Rs6.892 million for FY2026, compared with a profit before taxation of Rs29.673 million in FY2025.

After accounting for taxation, the company recorded a net profit of Rs293,000. Earnings per share also declined to Rs0.04, compared with Rs2.11 in the preceding financial year.

These figures highlight the challenging financial performance experienced by the company during the reporting period.

Financial Position and Cash Flow

Leiner Pak Gelatine Limited’s total assets and liabilities stood at approximately Rs2.534 billion as of June 30, 2026, compared with Rs2.193 billion a year earlier.

The company’s current assets increased to approximately Rs1.531 billion from Rs1.211 billion, while current liabilities rose to approximately Rs1.418 billion from Rs1.074 billion.

The cash flow statement showed that the company used Rs47.012 million in operating activities during FY2026, compared with a positive operating cash flow of Rs1.944 million in FY2025. Meanwhile, net cash generated from financing activities increased to Rs72.095 million from Rs28.831 million.

Cash and cash equivalents stood at Rs11.520 million at the end of June 2026, compared with Rs10.437 million a year earlier.

No Dividend or Bonus Shares Announced

The company stated that its Board of Directors had not made any announcement or recommendation regarding dividends, bonus shares, right shares, or any other entitlement for shareholders.

Leiner Pak Gelatine Limited also announced that its Annual General Meeting would be held on October 28, 2026, at 10:00 a.m. at the company’s registered office in Gulberg-II, Lahore.

The company’s share transfer books were scheduled to remain closed from October 22 through October 28, 2026, inclusive.

Outlook

Leiner Pak Gelatine Limited’s FY2026 results reflect a challenging year, marked by lower gross profit, a decline in earnings, and negative operating cash flow. While the company maintained revenue at a level broadly comparable with the previous year, the sharp reduction in profitability highlights the importance of managing production costs, operating expenses, and financing obligations.

Investors and market participants will likely monitor the company’s upcoming financial performance for signs of improved margins, stronger cash generation, and a recovery in earnings.