Air Link Communication (AIRLINK) Q4 2026 earnings summary

Executive summary

• FY26 consolidated revenue was PKR 89.77bn, down from PKR 104.36bn; net profit rose to PKR 6.23bn from PKR 4.75bn, and net margin improved to 6.94% from 4.5%.

• Strategy broadened manufacturing and consumer electronics, including Hisense products and the Select Technologies IPO; post-year-end, the board approved AirV electric-bike manufacturing and a final dividend of nil per share.

Financial highlights

• Consolidated gross profit was PKR 13.58bn versus PKR 11.00bn; operating profit was PKR 11.32bn versus PKR 9.53bn, while finance cost rose to PKR 4.38bn from PKR 3.94bn.

• Consolidated profit before tax was PKR 7.25bn versus PKR 6.21bn; profit after tax was PKR 6.23bn versus PKR 4.75bn, and EPS increased to PKR 15.75 from PKR 12.01.

• Standalone revenue rose to PKR 60.08bn from PKR 56.12bn; gross profit reached PKR 8.58bn from PKR 6.85bn, and net profit was PKR 3.56bn versus PKR 3.46bn.

• Consolidated other income included a PKR 198.3m investment-property fair-value gain; standalone other income fell to PKR 376.1m from PKR 764.0m, including lower subsidiary-loan markup income.

Outlook and guidance

• FY27 priorities include improving operating margins and working-capital management, containing costs and capex, expanding home appliances, and launching EV bikes; growth expectations are conditional on stable economic and regulatory conditions.

• Management expects diversification to reduce revenue concentration risk, support revenue growth and improve net margins; higher finance costs from increased short-term borrowings remain a factor to offset.

• Sundar facility expansion and rising TV and air-conditioner production are intended to build capacity and localization; on-site solar commissioning is expected during FY27.