Karachi: Amerli Steels Limited has unveiled its financial performance report for the fiscal year ending November 26, 2025, showcasing notable fluctuations in key financial indicators amid a challenging economic environment.
The company’s statement of financial position reflects a significant shift in its share capital and reserves, which grew from Rs. 10.45 billion to Rs. 14.23 billion, marking a very large increase of 30.37%. Non-current liabilities also experienced notable changes, with deferred taxation rising from Rs. 3.39 billion to Rs. 4.95 billion, a big move of 10.56%. Concurrently, lease liabilities increased to Rs. 105.82 million, a moderate move of 0.23%.
According to information available from the Pakistan Stock Exchange (PSX), Amerli Steels’ total current liabilities adjusted from Rs. 28.97 billion to Rs. 26.92 billion, registering a moderate move at 57.48%. This shift was significantly influenced by a decrease in accrued interest, which dropped from Rs. 4.65 billion to Rs. 1.46 billion, indicating a substantial reduction in financial obligations.
On the assets side, non-current assets saw an increment, with property, plant, and equipment increasing from Rs. 27.25 billion to Rs. 29.96 billion, embodying a moderate move of 63.95%. Current assets, particularly stock in trade, surged from Rs. 4.01 billion to Rs. 7.16 billion, a very large increase of 15.29%.
The cash flow statement revealed a contrasting scenario with net cash generated from operating activities decreasing from Rs. 2.66 billion to a substantial negative cash flow of Rs. 4.21 billion. This downturn was partially offset by proceeds from the disposal of operating fixed assets, which soared to Rs. 1.29 billion, a significant inflow compared to the previous period.
Amerli Steels also saw a decrease in net cash from financing activities from Rs. 432.18 million to a robust Rs. 3.34 billion, driven primarily by short-term borrowings, which expanded by Rs. 4.89 billion.
Overall, the company’s financial report underscores a period of financial restructuring and adaptation, with Amerli Steels anticipating further adjustments in response to evolving market conditions. The company’s performance reflects the broader economic challenges faced by the steel sector within the designated market category.