Nimir Resins Limited recorded earnings per share of PKR 1.77 in FY25, as compared to earnings per share of PKR 1.91 in FY24. The company recorded net sales of PKR 9.3 Bn, up 8% from PKR 8.6 Bn in FY24.
Along with this, it saw its gross margin contract from 14% in FY24 to 10% in FY25. As a result, gross profit fell 20% from PKR 1.2 Bn in FY24 to PKR 0.9 Bn in FY25. NRSL posted profit after tax of PKR 249 Mn in FY25, compared to profit after tax of PKR 270 Mn in FY24. The company operates in the markets of coatings, textile chemicals, optical brighteners and pulp and paper chemicals. Recently Rudolph Pakistan (Private) Limited acquired 30 million shares from the sponsors and 20.8 million shares through public offer.
Rudolph is a company with German roots and has significant experience and brand value in the textile industry. The management hopes that the partnership with Rudolph will allow it to improve its existing product line and allow more of their products to pass quality tests and be brought to market. It was highlighted that Rudolph also operates its own product line in Pakistan and it will continue to operate that business as before.
Moving forward the management expects that reduction in international feedstock prices will improve their margins. They highlighted that most of the high-cost inventory has been used and therefore moving forward it expects growth in profitability in the coming days.
Important Disclosures
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