National Foods Profit Nearly Triples

National Foods Limited (NATF) announced a remarkable 195% surge in consolidated profit after tax for the fiscal year 2025-26, reaching Rs. 5.917 billion. The company's earnings per share (EPS) soared to Rs. 11.42 from Rs. 2.33 the previous year. NATF declared a cash dividend of Rs. 5 per share for Q4, totaling Rs. 30 per share for FY26.

The company reported fourth-quarter consolidated earnings of Rs. 644 million, with EPS at Rs. 2.76. Quarterly earnings grew 19% YoY but dropped 76% from the previous quarter. Topline Securities credited the profitability to a 251% jump in other income, totaling Rs. 8.06 billion, driven by interest from short-term investments and proceeds from the sale of the Cash and Carry business.

Annual net sales increased 14% YoY to Rs. 50.6 billion, while gross profit rose 20% to Rs. 19.447 billion. However, fourth-quarter gross margins declined to 33% from 38% in the prior year. The company attributed FY26 earnings to a one-time gain, with recurring earnings calculated at Rs. 25.4 per share, compared to reported earnings of Rs. 111.4 per share.