{"id":11149,"date":"2025-08-13T14:21:50","date_gmt":"2025-08-13T09:21:50","guid":{"rendered":"https:\/\/ksestocks.com\/blog\/?p=11149"},"modified":"2025-08-13T14:21:52","modified_gmt":"2025-08-13T09:21:52","slug":"nishat-mills-limited-nml-april-june-2025-earnings-preview","status":"publish","type":"post","link":"https:\/\/ksestocks.com\/blog\/nishat-mills-limited-nml-april-june-2025-earnings-preview\/","title":{"rendered":"Nishat Mills Limited (NML) April\u2013June 2025: Earnings Preview"},"content":{"rendered":"\n<p><strong>Nishat Mills Limited (<a href=\"https:\/\/ksestocks.com\/blog\/tag\/nml\/\" data-type=\"post_tag\" data-id=\"211\" target=\"_blank\" rel=\"noreferrer noopener\">NML<\/a>)<\/strong>, one of Pakistan\u2019s leading textile companies, is expected to post a much stronger profit for the April\u2013June 2025 quarter (4QFY25) compared to the same period last year. Lower borrowing costs and reduced taxes are the key drivers behind this improvement.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Expected financial results<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Profit After Tax (PAT)<\/strong>: PKR <strong>1.8 billion<\/strong><\/li>\n\n\n\n<li><strong>Earnings Per Share (EPS)<\/strong>: PKR <strong>5.17<\/strong><\/li>\n\n\n\n<li>This is a <strong>big jump<\/strong> from last year\u2019s EPS of PKR 2.90 (PAT: PKR 1.0 billion).<\/li>\n\n\n\n<li>The improvement comes mainly from <strong>lower finance costs<\/strong> and <strong>a big drop in taxes<\/strong>.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Revenue growth<\/h2>\n\n\n\n<p>NML\u2019s revenue is expected at <strong>PKR 46.0 billion<\/strong>, which is <strong>15% higher<\/strong> than last year\u2019s PKR 40.0 billion. This growth is driven by <strong>higher sales volumes<\/strong>.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Margins and segments<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Gross Margin<\/strong>: Around <strong>10%<\/strong>, unchanged from both last year and last quarter.<\/li>\n\n\n\n<li>Margins are under pressure in the <strong>spinning and weaving<\/strong> segments due to weak demand for basic textiles and squeezed profitability.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Other income &amp; costs<\/h2>\n\n\n\n<ul class=\"wp-block-list\">\n<li><strong>Other Income<\/strong>: Expected at PKR 2.3 billion, down <strong>13% YoY<\/strong> because of lower dividend income, but <strong>up 24%<\/strong> from the previous quarter.<\/li>\n\n\n\n<li><strong>Finance Cost<\/strong>: Projected at PKR 1.8 billion, down <strong>25% YoY<\/strong> and <strong>6% QoQ<\/strong>, thanks to declining interest rates.<\/li>\n<\/ul>\n\n\n\n<h2 class=\"wp-block-heading\">Taxes<\/h2>\n\n\n\n<p>The effective tax rate (ETR) is expected to drop to <strong>25%<\/strong> from last year\u2019s very high 49%, giving a significant boost to net profits.<\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Dividend<\/h2>\n\n\n\n<p>NML is expected to announce a <strong>cash dividend of PKR 3.0 per share<\/strong>, rewarding shareholders.<\/p>\n\n\n\n<p><strong>Source: Insight Securities<\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Nishat Mills Limited (NML), one of Pakistan\u2019s leading textile companies, is expected to post a much stronger profit for the April\u2013June 2025 quarter (4QFY25) compared to the same period last year. Lower borrowing costs and reduced taxes are the key drivers behind this improvement.<\/p>\n","protected":false},"author":9252,"featured_media":6862,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[154,138],"tags":[211],"class_list":["post-11149","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-analysis","category-financials","tag-nml"],"featured_image_src":{"landsacpe":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/NML-STOCK-PSX-1140x445.png",1140,445,true],"list":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/NML-STOCK-PSX-463x348.png",463,348,true],"medium":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/NML-STOCK-PSX-300x188.png",300,188,true],"full":["https:\/\/ksestocks.com\/blog\/wp-content\/uploads\/2024\/11\/NML-STOCK-PSX.png",1920,1200,false]},"_links":{"self":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11149","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/users\/9252"}],"replies":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/comments?post=11149"}],"version-history":[{"count":1,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11149\/revisions"}],"predecessor-version":[{"id":11150,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/posts\/11149\/revisions\/11150"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media\/6862"}],"wp:attachment":[{"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/media?parent=11149"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/categories?post=11149"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ksestocks.com\/blog\/wp-json\/wp\/v2\/tags?post=11149"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}