IPAK Group reports over sevenfold surge in FY2026 profit

IPAK Group reported consolidated profit after tax (PAT) of PKR 4.95 billion for the year ended June 30, 2026, compared with PKR 664 million in FY2025, while earnings per share (EPS) increased to PKR 6.73 from PKR 1.64.

Consolidated sales rose 23% to PKR 42.17 billion, while exports reached approximately USD 37 million during the year.

The Group delivered a strong FY2026 performance, with higher sales driving significant margin expansion and earnings growth across its integrated BOPP, BOPET and CPP films platform.

Gross profit increased 88% to PKR 9.39 billion, taking the gross margin to 22.3% from 14.5% in FY2025. Operating profit rose to PKR 8.14 billion, while the operating margin strengthened to 19.3% from 11.1%, reflecting improved operating leverage, product mix and efficiencies across the Group.

The Board of Directors recommended a cash dividend of PKR 2.00 per share for FY2026, compared with PKR 0.60 per share in the previous year.

Exports remained an important contributor to the Group’s performance, increasing by approximately 30% to PKR 10.4 billion, equivalent to around USD 37 million. Export revenues accounted for approximately 25% of consolidated sales, compared with 23% in the previous year.

IPAK Group continued to expand its presence in international markets while increasing its focus on specialised and value-added packaging films that offer greater product differentiation and stronger margin potential.

On a standalone basis, IPAK’s profitability also strengthened significantly. Gross profit increased to PKR 3.08 billion, while profit after tax rose approximately 55% to PKR 1.32 billion, translating into EPS of PKR 1.79 compared with PKR 1.16 last year.

The standalone performance reflected the strategic allocation of capacity towards comparatively higher-margin domestic business, along with an improved product mix.

The FY2026 results reflect a significant improvement in the Group’s earnings profile, with its expanded and integrated manufacturing platform enabling revenue growth to translate into stronger operating profitability.

Looking ahead, management said the near-term business environment remained challenging amid geopolitical uncertainty and potential disruptions to global trade and supply chains.

IPAK Group will continue to focus on operational efficiency, innovation, value-added products and international market development to strengthen its competitive position and support sustainable growth.