IPAK Group reported a consolidated profit after tax of PKR 4.95 billion for the year ended June 30, 2026, an increase from PKR 664 million in FY2025. Earnings per share climbed to PKR 6.73, up from PKR 1.64. Consolidated sales rose by 23% to PKR 42.17 billion, with exports reaching approximately USD 37 million during the year.
The Group delivered a strong performance in FY2026, as higher sales drove significant margin expansion and earnings growth across its integrated BOPP, BOPET, and CPP films platform. Gross profit skyrocketed by 88% to PKR 9.39 billion, raising the gross margin to 22.3%, compared to 14.5% in FY2025. Operating profit increased to PKR 8.14 billion, and the operating margin strengthened to 19.3%, up from 11.1%. This reflects improved operating leverage, product mix, and efficiencies throughout the Group.
The Board of Directors has recommended a cash dividend of PKR 2.00 per share for FY2026, up from PKR 0.60 per share last year. Exports remained an essential contributor to the Group’s performance, increasing approximately 30% to PKR 10.4 billion, equivalent to around USD 37 million. Export revenues accounted for approximately 25% of consolidated sales, compared to 23% in the previous year.
IPAK Group continued to expand its presence in international markets while focusing on specialized, value-added packaging films, which offer greater product differentiation and stronger margin potential.
On a standalone basis, IPAK’s profitability significantly improved, with gross profit rising to PKR 3.08 billion and profit after tax increasing by approximately 55% to PKR 1.32 billion, resulting in earnings per share of PKR 1.79, compared to PKR 1.16 last year. This performance reflects the strategic allocation of capacity towards comparatively higher-margin domestic business and an enhanced product mix.
The FY2026 results demonstrate a significant improvement in the Group’s earnings profile, as its expanded and integrated manufacturing platform successfully translates revenue growth into stronger operating profitability.
Looking ahead, management noted that the near-term business environment remains challenging due to geopolitical uncertainties 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 bolster its competitive position and support sustainable growth.

