Chenab Limited (PSX: CHBL) announced its results for the twelve months to 30 June 2026 on 5 November 2026. It reported a loss after tax of Rs 520 M, or Rs -4.52 a share, against a loss of Rs 623 M in the same period last year. Sales or revenue came to Rs 1.95 bn, −18.4% on a year earlier. No payout was announced with these results.
The numbers
| Year to June 2026 | This year | Last year | Change |
|---|---|---|---|
| Sales / revenue | Rs 1.95 bn | Rs 2.39 bn | −18.4% |
| Profit after tax | −Rs 520 M | −Rs 623 M | – |
| Earnings per share | Rs -4.52 | Rs -5.42 | – |
| Profit before tax | −Rs 513 M | −Rs 621 M | – |
| Net margin | -26.7% | -26.1% |
Quarter by quarter
Profit after tax for each of the last quarters, with operating profit (EBITDA) where available, against the same quarter a year earlier.
| Quarter | Profit | vs year ago | Operating profit |
|---|---|---|---|
| Mar 2026 | −Rs 162 M | – | −Rs 87.0 M |
| Dec 2025 | −Rs 146 M | – | −Rs 79.4 M |
| Sep 2025 | −Rs 170 M | – | −Rs 83.3 M |
| Jun 2025 | −Rs 174 M | – | −Rs 90.4 M |
| Mar 2025 | −Rs 159 M | – | −Rs 66.5 M |
| Dec 2024 | −Rs 178 M | – | −Rs 132 M |
| Sep 2024 | −Rs 112 M | – | −Rs 87.7 M |
| Jun 2024 | −Rs 24.6 M | – | −Rs 120 M |
Over the last 12 months the company earned −Rs 652 M, against −Rs 473 M in the 12 months before. Profit grew year on year in 1 of the last 4 quarters.
The net margin narrowed to -26.7% from -26.1% a year earlier, so costs or financing took a larger share of sales.
Valuation
| Our fair value estimate | Rs 2.18 (margin of safety −335%) |
| Pulse Score | 44 / 100 |
| Market value | Rs 1.09 bn |
| 52-week range | Rs 6.65 to Rs 14.95 |
Earnings momentum
Over the last 12 months profit after tax changed by −37.6% and operating profit by +16.2% on the year before; in the latest quarter against a year earlier the figures were −1.4% and −30.8%. Our earnings momentum check, which looks for profit and operating profit accelerating together, shows no signal. It is one input to the Pulse Score, not a recommendation. These figures may not yet include the quarter just announced.
Market reaction
The share price has moved +10.0% since the close before the announcement (Rs 8.62 to Rs 9.48 on 6 November 2026), against +1.1% for the KSE-100 over the same days.
Dividend record
The company paid a cash dividend in 0 of the last 10 years.
What to watch
- Next results. The next set of results is expected around 28 October 2026.
The full picture, with the score breakdown, fair value estimate and price history, is on the CHBL page of the Market Pulse Hub dashboard.
Bilal, Market Pulse Hub
Source: results as reported to the Pakistan Stock Exchange on 5 November 2026, with operating profit and profit before tax from the company’s report filed with PSX; prices and payouts from PSX. Changes, margins and valuation ratios are our calculations. This article is generated automatically from the reported figures and does not include the company’s own commentary. It is for information only and is not investment advice.