KARACHI: IPAK Group’s consolidated profit after tax (PAT) surged more than sevenfold to Rs4.95 billion for FY2026, compared with Rs664 million in the previous year, supported by higher sales, significant margin expansion and improved operating performance.
According to the company’s results, consolidated earnings per share (EPS) increased to Rs6.73 in FY2026 from Rs1.64 in FY2025, while consolidated sales rose 23 percent to Rs42.17 billion.
The company said exports increased approximately 30 percent to Rs10.4 billion, equivalent to around USD 37 million, during the year. Export revenues accounted for approximately 25 percent of consolidated sales, compared with 23 percent in the previous year.
Gross profit increased 88 percent to Rs9.39 billion, with the gross profit margin improving to 22.3 percent from 14.5 percent in FY2025.
Operating profit increased to Rs8.14 billion, while the operating margin strengthened to 19.3 percent from 11.1 percent, reflecting improved operating leverage, product mix and efficiencies across the Group, according to the company.
The Board of Directors has recommended a cash dividend of Rs2 per share for FY2026, compared with Rs0.60 per share paid in the previous year.
IPAK Group operates an integrated manufacturing platform covering BOPP, BOPET and CPP films. During FY2026, the Group continued to expand its international market presence and focused on specialised and value-added packaging films.
On a standalone basis, IPAK’s gross profit increased to Rs3.08 billion, while profit after tax rose approximately 55 percent to Rs1.32 billion. Standalone EPS increased to Rs1.79 from Rs1.16 in FY2025.
The company attributed the standalone performance to the allocation of capacity towards comparatively higher-margin domestic business and an improved product mix.
The Group said its FY2026 performance reflected an improvement in its earnings profile as its expanded and integrated manufacturing platform translated revenue growth into higher operating profitability.
Looking ahead, management said the near-term business environment remains challenging amid geopolitical uncertainty and potential disruptions to global trade and supply chains.
The company said it will continue to focus on operational efficiency, innovation, value-added products and international market development to strengthen its competitive position and support growth.
Copyright Business Recorder, 2026
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