Nimir Resins doubles FY26 profit to Rs503m

According to Mettis Global, Nimir Resins Limited (PSX: NRSL) more than doubled its net profit to Rs503.33m for the year ended June 30, 2026, up from Rs249.47m a year earlier. Earnings per share rose to Rs3.56 from Rs1.77. The board has also declared a final cash dividend of Rs1.50 per share, or 15 per cent.

Gross revenue climbed 32 per cent to Rs14.49bn from Rs10.97bn, and net revenue after sales tax reached Rs12.24bn. Cost of revenue grew more slowly, by 26 per cent to Rs10.51bn, which lifted gross profit 85 per cent to Rs1.73bn. Mettis Global linked the margin gain to better pricing and cost control.

Operating profit more than doubled to Rs1.35bn from Rs663.68m, while finance cost fell 9 per cent to Rs295.47m. Profit before tax rose to Rs951.99m from Rs291.58m, but the tax charge jumped to Rs448.66m from Rs42.11m. That higher tax charge absorbed a large part of the pre-tax gain, leaving Rs503.33m as net profit.