Sep 4, 2026, 4:08 PM
Panther Tyres reports higher FY2026 profit and recommends Rs. 2/share final dividend
Financial ResultThe board approved audited results for the year ended June 30, 2026. Revenue rose to Rs. 36.34 billion, profit after taxation increased to Rs. 1.31 billion from Rs. 431.63 million, and EPS improved to Rs. 7.82 from Rs. 2.57. A final cash dividend of Rs. 2 per share was recommended, subject to shareholder approval; interim dividends of Rs. 2 per share had already been paid during the year.
Key Findings
- FY2026 revenue was Rs. 36.34 billion versus Rs. 32.57 billion in FY2025.
- Profit from operations rose to Rs. 3.37 billion from Rs. 2.47 billion; profit after taxation rose to Rs. 1.31 billion from Rs. 431.63 million.
- Basic and diluted EPS increased to Rs. 7.82 from Rs. 2.57.
- The board recommended a final cash dividend of Rs. 2 per share, subject to approval at the AGM; interim dividends of Rs. 2 per share had already been paid during FY2026.
- The AGM is scheduled for October 20, 2026, and share transfer books will be closed from October 14 through October 20, 2026.
Financial Performance
| Metric | PreviousYear ended June 30, 2025 | CurrentYear ended June 30, 2026 | Change |
|---|---|---|---|
| Revenue from contracts with customers - net | 32,566,879,905 | 36,339,676,431 | +11.6% |
| Gross profit | 4,264,343,070 | 5,670,436,897 | +33% |
| Profit from operations | 2,467,029,182 | 3,371,727,893 | +36.7% |
| Profit after taxation for the year | 431,632,241 | 1,313,264,657 | +204.3% |
| Earnings per share - Basic and diluted (Rs.) | 2.57 | 7.82 | +204.3% |
| Finance cost | (1,459,083,354) | (1,447,435,324) | +0.8% |
| Cash and bank balances | 774,419,603 | 551,204,568 | -28.8% |
| Short term financing - secured | 6,508,706,345 | 7,683,872,717 | +18.1% |
⚡
Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.