Bunnys Limited
By PSX Investors Zone · Updated October 21, 2026
Bunnys Limited (BNL) is a Pakistan Stock Exchange-listed food manufacturer engaged in producing bakery and other food products. For FY2026, PSX reports sales of approximately Rs.8.00 billion and profit after tax of Rs.127.26 million, compared with profit of Rs.309.55 million in FY2025. BNL was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index screening effective June 5, 2026. However, its PSX company profile displays a Risk Warning Alert concerning continuing regulatory violations and possible suspension or delisting. Investors should review the latest financial statements, regulatory disclosures and Shariah screening before making investment decisions.
Company Overview
Bunnys Limited (BNL) is a Pakistani food manufacturing company listed on the Pakistan Stock Exchange. The company is principally engaged in manufacturing bakery and other food products.
The company was incorporated in Pakistan on October 22, 1980, and its registered office is located at Quaid-e-Azam Industrial Estate, Kot Lakhpat, Lahore. Its business operates in the food products market, where consumer demand, input costs, distribution expenses and competition can influence financial performance.
Official sources:
Latest Annual Financial Performance
According to the latest annual figures displayed on the PSX company profile, the company’s financial performance was as follows:
| Financial metric | FY2026 | FY2025 |
|---|---|---|
| Sales | Rs.8.00 billion | Rs.7.38 billion |
| Profit after tax | Rs.127.26 million | Rs.309.55 million |
| Gross profit margin | 25.48% | 26.22% |
| Net profit margin | 1.59% | 4.19% |
Source: PSX financial information for BNL
The reported figures indicate that sales increased in FY2026, but profit after tax and net profit margin declined considerably. This suggests that higher revenue did not translate into stronger bottom-line performance.
Investors should examine the complete FY2026 annual report to understand the impact of production costs, distribution expenses, finance charges, taxation and working-capital requirements. The PSX summary data may be standardized, so the audited financial statements should be used for detailed analysis.
Shariah Compliance Status
Bunnys Limited was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index screening effective June 5, 2026, based on accounts to December 31, 2025.
The screening ratios reported for that review were:
| Screening measure | Reported ratio | Screening benchmark |
|---|---|---|
| Debt to total assets | 17.67% | Below 37% |
| Non-compliant investments to total assets | 0.00% | Below 33% |
| Non-compliant income to revenue | 0.00% | Below 5% |
| Illiquid assets to total assets | 78.72% | At least 25% |
Sources:
These ratios relate to the stated screening period and should not be treated as current financial ratios without a newer screening calculation. Shariah classifications can change following subsequent reviews. Verify the latest official PSX-KMI All Share Islamic Index list before relying on this status.
Important PSX Risk Warning Alert
The PSX company profile displays a Risk Warning Alert (RWA) stating that Bunnys Limited is in continuous violation of specified PSX regulatory clauses and may face suspension of trading or delisting, subject to the Exchange's applicable terms and conditions.
This is a material regulatory consideration for investors. Readers should check the latest PSX announcements and company disclosures to understand the status of the violations and whether any subsequent action has been taken.
Official source: PSX company profile and regulatory alert
The alert does not by itself establish that the company has already been suspended or delisted. Its current trading and regulatory status should be verified directly with PSX.
Key Factors Investors Should Monitor
- Profitability: FY2026 profit was lower than FY2025 despite increased sales.
- Operating costs: Raw materials, packaging, energy, labour and distribution expenses can influence margins.
- Consumer demand: Changes in household spending and demand for bakery and packaged food products may affect sales.
- Working capital: Inventory levels, receivables, supplier payments and cash flow are important for a food manufacturer.
- Regulatory position: Follow PSX notices regarding the Risk Warning Alert and any potential suspension or delisting action.
- Shariah screening: Reconfirm the latest eligible-scrip status before making a Shariah-based investment decision.
Frequently Asked Questions
What is the PSX symbol of Bunnys Limited?
Bunnys Limited trades on the Pakistan Stock Exchange under the symbol BNL.
What does Bunnys Limited do?
The company is principally engaged in manufacturing bakery and other food products.
Is Bunnys Limited Shariah-compliant?
It was classified as compliant in the PSX-KMI All Share Islamic Index screening effective June 5, 2026, based on accounts to December 31, 2025. Investors should verify the latest official screening before investing.
Did Bunnys Limited make a profit in FY2026?
Yes. The PSX summary reports profit after tax of approximately Rs.127.26 million for FY2026, compared with Rs.309.55 million in FY2025.
Does Bunnys Limited have a regulatory warning on PSX?
Yes. The PSX company profile displays a Risk Warning Alert relating to continuing regulatory violations and the potential risk of suspension or delisting. Investors should check the latest PSX disclosures for updates.
What should investors review before considering BNL?
Investors should review its latest audited financial statements, profit margins, cash flow, working capital, regulatory announcements and current Shariah screening. The PSX Risk Warning Alert is particularly important to understand before making any investment decision.
Disclaimer
This profile is for educational and informational purposes only. It is not a recommendation to buy or sell BNL shares and does not guarantee returns. Financial results, regulatory status, share prices and Shariah classifications may change. Consult the latest PSX disclosures, company reports and screening information before making an investment decision.
This profile is for educational purposes and is not a recommendation to buy or sell any security.