Karachi: Mahmood Textile Mills Limited has released its unconsolidated statement of financial position for the financial year ending June 30, 2026, revealing adjustments in both assets and liabilities across the board. The report, dated October 7, 2026, highlights a shift in the company's financial landscape over the past year.
The total assets of Mahmood Textile Mills amounted to 51.23 billion rupees, compared to 49.43 billion rupees in the previous year. This marks a notable increase, primarily driven by movements in non-current and current assets. Non-current assets saw a decrease to 23.53 billion rupees from 24.03 billion rupees in 2025, while current assets increased to 25.91 billion rupees from 23.60 billion rupees in the same period.
A closer look at the non-current assets reveals a decline in property, plant, and equipment, which stood at 17.85 billion rupees, down from 18.65 billion rupees in 2025. Conversely, investment property increased to 309.20 million rupees from 250.10 million rupees, and intangible assets rose to 48.63 million rupees from 45.54 million rupees. Long-term investments also saw growth, reaching 5.27 billion rupees from 5.03 billion rupees previously.
The current assets segment exhibited significant changes, notably in trade debts which rose to 7.17 billion rupees from 4.08 billion rupees, marking a very large move in this category. Stock in trade showed a decline to 13.97 billion rupees from 15.37 billion rupees. Cash and bank balances also increased to 195.69 million rupees from 97.08 million rupees, indicating a strengthened liquidity position.
On the liabilities side, non-current liabilities decreased to 8.07 billion rupees from 8.42 billion rupees in 2025. The decline is primarily attributed to a reduction in long-term finances, which dropped to 7.23 billion rupees from 7.64 billion rupees. Lease liabilities, however, increased significantly to 106.93 million rupees from 37.48 million rupees.
Meanwhile, current liabilities rose to 25.15 billion rupees from 23.75 billion rupees. This change was driven by an increase in short-term borrowings, which climbed to 15.67 billion rupees from 14.70 billion rupees, and accrued mark-up, which rose to 717.73 million rupees from 619.18 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), Mahmood Textile Mills' shareholder equity increased to 18.02 billion rupees from 17.26 billion rupees. This development was supported by a rise in reserves to 13.44 billion rupees from 12.46 billion rupees. However, the revaluation surplus on property slightly declined to 4.28 billion rupees from 4.49 billion rupees.
This financial report reflects Mahmood Textile Mills Limited's strategic adjustments in asset management and liabilities, providing a comprehensive overview of the company's fiscal health and positioning within the market.