Lahore: SPEL Limited, a prominent entity in Pakistan's industrial sector, has declared a final cash dividend of Rs. 0.5 per share for the financial year ending June 30, 2026. This announcement follows a board meeting held on August 17, 2026, at the company's headquarters in Lahore. The dividend, equating to 10%, mirrors the interim dividend previously disbursed.
The company's financial results for the year reveal a decline in profit after taxation to Rs. 1.14 billion, down from Rs. 1.25 billion in the previous year. This represents a decrease in earnings per share from Rs. 6.60 in 2025 to Rs. 5.99 in 2026. According to information available from the Pakistan Stock Exchange (PSX), SPEL Limited reported net sales of Rs. 9.41 billion, a drop from Rs. 9.63 billion in the prior year, indicating a minor move in sales performance.
In terms of financial positioning, the company's total equity and liabilities rose to Rs. 9.79 billion from Rs. 8.25 billion, indicating continued growth and expansion. The shareholders' equity increased to Rs. 7.32 billion from Rs. 6.11 billion, reflecting a positive adjustment from the revaluation of land and accumulated profits.
The board did not propose any bonus shares or right shares for the year. The company's annual general meeting is scheduled for October 9, 2026, in Lahore, where shareholders of record as of October 8, 2026, will be eligible for the declared dividend.
SPEL Limited's financial disclosures, including the statement of financial position and the statement of profit or loss, underscore the company's ongoing investments in non-current assets, notably property, plant, and equipment. The company's long-term liabilities saw a slight reduction, while current liabilities increased, driven by contract liabilities and short-term borrowings.
The company continues to navigate economic challenges while maintaining a stable dividend payout to its shareholders, reflecting its commitment to investor value despite fluctuating market conditions.