Wah Cantt: Wah Nobel Chemicals Limited has released its annual report for the fiscal year ending on June 30, 2026, revealing a notable decrease in total assets and profitability compared to the prior year. The report, dated October 5, 2026, highlights a series of financial adjustments as the company navigates a challenging economic landscape.
The chemical company's total assets for 2026 amounted to approximately 3.51 billion rupees, marking a reduction from the previous year's 3.84 billion rupees. This decline in assets is largely attributed to a decrease in stock in trade, which dropped from 1.13 billion rupees in 2025 to 918.29 million rupees in 2026. Additionally, the company's cash and bank balances fell to 103.45 million rupees from 153.52 million rupees the previous year, further emphasizing the financial constraints faced during this period.
According to information available from the Pakistan Stock Exchange (PSX), Wah Nobel Chemicals Limited's revenue experienced a contraction, with a net revenue of 4.84 billion rupees in 2026, down from 5.10 billion rupees in 2025. This significant move in revenue reflects the broader market challenges impacting the company. Despite these hurdles, the cost of sales also decreased to 3.83 billion rupees from 4.24 billion rupees, resulting in a gross profit of 1.01 billion rupees, compared to 853.91 million rupees in the previous year.
The company's administrative and general expenses saw a decrease, totaling 24.08 million rupees, a minor move from 26.99 million rupees in 2025. Similarly, selling and distribution expenses slightly declined to 28.72 million rupees. Despite these reductions, finance costs surged to 43.18 million rupees, and other expenses increased to 62.38 million rupees, impacting the overall profitability.
Wah Nobel Chemicals Limited reported a profit before taxation of 816.60 million rupees, an improvement over the previous year's 715.56 million rupees. However, increased taxation expenses, which rose to 364.88 million rupees, resulted in a profit for the year of 451.72 million rupees, down from 481.93 million rupees in 2025. The earnings per share also saw a decline from 53.55 rupees to 50.19 rupees.
The financial statement underscores the company's commitment to navigating economic pressures while sustaining operational efficiencies. As Wah Nobel Chemicals Limited continues to adapt to market conditions, its strategic focus remains on optimizing resource allocation and fiscal management.