Karachi: Baluchistan Wheels Limited, a prominent player in the automotive sector, has declared a 100% final cash dividend for the fiscal year ending June 30, 2026. This announcement was made during the company’s Board of Directors meeting on August 20, 2026, at their head office in Karachi. The final dividend of Rs. 10 per share is in addition to the interim cash dividend of the same amount, marking a strong financial performance for the year.
The company’s Annual General Meeting is scheduled for September 26, 2026, at the registered office located in Hub Chowki, District Lasbella, Baluchistan. The entitlement will be available to shareholders listed in the Register of Members by September 18, 2026. Share transfer books will be closed from September 19 to September 26, 2026, to finalize the entitlement details.
According to information available from the Pakistan Stock Exchange (PSX), Baluchistan Wheels Limited, categorized under the designated market category of the Pakistan Stock Exchange, reported a net turnover of Rs. 2.92 billion, a significant increase from the previous year’s Rs. 2.31 billion. The cost of sales accounted for Rs. 2.09 billion, resulting in a gross profit of Rs. 830.76 million. Administrative expenses amounted to Rs. 203.86 million, with selling and distribution expenses at Rs. 86.27 million. Other expenses totaled Rs. 79.61 million, while other income decreased to Rs. 118.20 million from last year’s Rs. 159.52 million.
The operating profit rose to Rs. 579.22 million, followed by a finance cost of Rs. 2.87 million. Consequently, the profit before taxation stood at Rs. 576.35 million. After accounting for taxes totaling Rs. 263.76 million, the net profit for the year was Rs. 312.59 million, indicating a big move compared to the previous year’s profit of Rs. 315.58 million.
The balance sheet reflected total assets of Rs. 2.88 billion, with non-current assets valued at Rs. 1.04 billion and current assets at Rs. 1.84 billion. The company’s equity amounted to Rs. 2.40 billion, with non-current liabilities at Rs. 53.16 million and current liabilities at Rs. 427.96 million.
The company’s performance showcases its resilience in the market, with a focus on strengthening shareholder value through consistent dividends and strategic financial management.