STYLERS FY26 profit softens 13%

September 28, 2026 (MLN): Stylers International Limited (PSX: STYLERS) reported a 13% drop in its net profit for the fiscal year ended June 30, 2026, recording Rs1.11bn compared to Rs1.27bn in the preceding year.

Alongside the financial results, the board recommended a final cash dividend of Rs0.75 per share.

Reflecting this profit moderation, basic and diluted earnings per share (EPS) for the year stood at Rs2.26, down from Rs2.61 in FY25.

The primary factor weighing on final earnings was a 9% top-line revenue contraction. Net sales fell to Rs18.89bn, down from Rs20.73bn in FY25.

Although cost of sales contracted by 9% to Rs15.33bn, gross profit compressed by 7% to Rs3.56bn compared to Rs3.82bn in the prior year.

On the operational front, strict cost control helped mitigate top-line headwinds.

Distribution costs dropped to Rs679.00m.

While administrative expenses grew 8% to Rs715.44m and other expenses rose 25% to Rs271.96m, a 18% decline in "other income" (Rs225.74m) led to a 7% reduction in operating profit, settling at Rs2.12bn.

Below the operating line, STYLERS absorbed a 7% increase in financial and other charges, which rose to Rs379.00m (up from Rs354.13m in FY25). Pre-tax performance moderated by 10%, with profit before taxation settling at Rs1.74bn.

The company absorbed a slightly lower corporate taxation charge of Rs635.98m for the year (down 2% from Rs651.38m in FY25). Backed by distribution cost efficiency, Stylers International Limited managed to absorb top-line revenue pressure and close the fiscal year with a net profit of Rs1.11bn.

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