Karachi: J.A Textile Mills Ltd. has released its financial statements for the fiscal year ending June 30, 2026, showcasing a mix of growth and challenges in its asset and liability management. The report, dated October 7, 2026, reveals a total asset base of 1.26 billion rupees, a slight increase from the previous year's 1.25 billion rupees.
The company's non-current assets rose to 940.49 million rupees from 874.28 million rupees, primarily driven by an increase in property, plant, and equipment, which climbed to 908.34 million rupees. Long-term deposits remained stable at 32.15 million rupees.
Current assets saw a decline, totaling 321.66 million rupees compared to 377.28 million rupees in 2025. Notable changes include a reduction in stock-in-trade, which fell to 81.31 million rupees from 175.84 million rupees, and trade debts, which decreased to 29.14 million rupees. However, cash and bank balances improved significantly, reaching 124.34 million rupees from 86.21 million rupees.
An examination of equity and liabilities shows that the company made strides in reducing its accumulated losses, which decreased to 86.50 million rupees from 140.42 million rupees. This improvement was supported by a loan from related parties, which increased to 245.20 million rupees from 160.79 million rupees, bolstering the total equity and reserves to 764.57 million rupees.
Non-current liabilities saw a decrease, with deferred taxation falling to 137.04 million rupees from 145.81 million rupees. Meanwhile, current liabilities experienced a reduction, totaling 360.54 million rupees from 460.91 million rupees, influenced by a decrease in trade and other payables and contract liabilities.
According to information available from the Pakistan Stock Exchange (PSX), the financial performance of J.A Textile Mills Ltd. reflects a moderate move in the company's strategic positioning amid market fluctuations.
Despite these changes, the company's authorized share capital remained unchanged at 200 million rupees, with issued, subscribed, and paid-up share capital also steady at 126.01 million rupees. The revaluation surplus on property, plant, and equipment registered a decrease, settling at 479.84 million rupees.
J.A Textile Mills Ltd. continues to navigate a complex market environment, with its latest financial outcomes offering insights into its operational adjustments and capital management strategies. The company's commitment to managing its assets and liabilities efficiently remains a focal point as it positions itself for future growth.