Karachi: Nimir Industrial Chemicals Limited (NICL), a key player in the chemicals sector of Pakistan, has announced a record dividend payout and significant profit growth for the financial year ending June 2026, as per its latest financial disclosures.

The company, which was incorporated in 1994 and listed on the stock exchange in 1996 under the symbol NICL, reported a profit after taxation of PKR 2.39 billion for the year. This marks a notable improvement from the previous year, with the net profit showcasing a very large or significant move compared to past performances. The company’s highest ever dividend payout of 60% is further testament to its robust financial health.

According to information available from the Pakistan Stock Exchange (PSX), NICL has achieved a market capitalization of PKR 30.4 billion as of November 3, 2026. This substantial valuation underscores the company's strong market position and investor confidence.

NICL has been making strategic strides, exploring new export avenues in the Middle-East and African regions and adding new customers through collaborative manufacturing efforts. The company has also established CPW as a preferred brand within the domestic market, resulting in nearly doubled volumes over the year.

The company’s gross turnover for 2026 stood at PKR 56.92 billion, reflecting a moderate move from PKR 53.16 billion in 2025. EBITDA increased to PKR 7.28 billion, while profit before taxation reached PKR 4.49 billion, indicating a concerted effort in enhancing operational efficiencies.

Rated A+ for long-term and Al for short-term by the Pakistan Credit Rating Agency (PACRA), NICL continues to demonstrate its financial stability and potential for future growth. The company's auditors are Grant Thornton Anjum Rahman, and its legal affairs are managed by Cornelius, Lane & Mufti.

The disclosures, released on November 10, 2026, highlight NICL's strategic initiatives and financial achievements, reinforcing its position as a significant player in the market.