Buxly Paints Limited
By PSX Investors Zone · Updated October 21, 2026
Buxly Paints Limited (BUXL) is a Pakistan Stock Exchange-listed company engaged in manufacturing and selling paints, pigments, protective surface coatings, varnishes and related products under a toll manufacturing arrangement with Berger Paints Pakistan Limited. For FY2026, the company reported sales of Rs.519.11 million and a loss after tax of Rs.34.71 million, compared with a loss of Rs.4.06 million in FY2025. BUXL was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index screening effective June 5, 2026. Its PSX profile also carries a Risk Warning Alert concerning regulatory violations and potential suspension or delisting. Investors should consider its losses, regulatory status and latest Shariah screening before investing.
Company Overview
Buxly Paints Limited (BUXL) is a Pakistani paint and coatings company listed on the Pakistan Stock Exchange. Its principal activities include manufacturing and selling paints, pigments, protective surface coatings, varnishes and related products.
The company was incorporated in Pakistan in April 1954 as a private limited company and converted into a public limited company in May 1985. According to its PSX profile, manufacturing is carried out under a toll manufacturing agreement with Berger Paints Pakistan Limited.
The company's performance can be affected by construction activity, industrial demand, raw-material prices, competition, distribution expenses and the cost of maintaining its product portfolio.
Official sources:
Latest Annual Financial Performance
According to the financial information displayed on PSX, Buxly Paints Limited reported the following results for the financial years ended June 30:
| Financial metric | FY2026 | FY2025 |
|---|---|---|
| Sales | Rs.519.11 million | Rs.587.14 million |
| Profit / (loss) after tax | (Rs.34.71 million) | (Rs.4.06 million) |
| Earnings / (loss) per share | (Rs.24.10) | (Rs.2.82) |
| Gross profit margin | 17.47% | 19.06% |
| Net profit margin | -6.69% | -0.69% |
Source: PSX financial information for BUXL
The figures show that sales declined in FY2026 and the company's net loss increased compared with FY2025. Gross profit margin also fell, while the net profit margin became more negative. These results highlight the importance of monitoring sales trends, manufacturing costs, operating expenses and the sustainability of the company's business model.
PSX notes that some displayed financial data may be standardized for comparison. Investors should consult the company's official financial statements for the reported figures and accounting details.
Quarterly Financial Performance
For the nine months ended March 31, 2026, Buxly Paints Limited reported:
| Financial metric | Nine months ended March 31, 2026 |
|---|---|
| Sales | Rs.425.12 million |
| Gross profit | Rs.76.09 million |
| Loss before tax | Rs.20.21 million |
| Loss after tax | Rs.20.21 million |
| Loss per share | Rs.14.03 |
For comparison, the company reported sales of Rs.454.59 million and a profit after tax of Rs.0.37 million for the corresponding nine-month period of FY2025.
Source: Official PSX interim financial statement for the period ended March 31, 2026
The interim figures show lower sales and a larger loss compared with the same period of the previous year. Selling and administrative expenses exceeded gross profit during the nine-month period, placing pressure on operating performance.
Shariah Compliance Status
Buxly Paints 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 were:
| Screening measure | Reported ratio | Screening benchmark |
|---|---|---|
| Debt to total assets | 0.00% | Below 37% |
| Non-compliant investments to total assets | 0.00% | Below 33% |
| Non-compliant income to revenue | 0.03% | Below 5% |
| Illiquid assets to total assets | 39.88% | At least 25% |
Source: Official PSX Shariah screening notice
These ratios relate to the specified screening period and should not be treated as current ratios without a newer screening calculation. Shariah status can change following future reviews. Check the latest official PSX eligible-scrip list before relying on this classification for an investment decision.
Important Regulatory Risk Warning
The PSX profile displays a Risk Warning Alert (RWA) stating that the company is in continuing violation of specified regulatory clauses, with a risk of trading suspension or delisting.
This regulatory warning is separate from the company's Shariah screening result. Shariah-compliant classification does not remove regulatory, operational or financial risks.
Investors should check the latest PSX announcements to determine whether the alert remains active and whether the company has taken steps to address the underlying violations.
Source: PSX company profile and Risk Warning Alert
Key Factors Investors Should Monitor
- Sales performance: Monitor whether revenue stabilizes or recovers after the decline reported in FY2026.
- Profit margins: Review gross margins, distribution costs, administrative expenses and other charges.
- Manufacturing arrangement: Understand the implications of the company's toll manufacturing agreement with Berger Paints Pakistan Limited.
- Industry demand: Construction activity, maintenance work and industrial demand can affect paint and coatings sales.
- Raw-material costs: Changes in the prices of pigments, chemicals, resins and other inputs may affect margins.
- Regulatory status: Review official PSX notices relating to the Risk Warning Alert and any subsequent action.
- Shariah screening: Verify the latest official Shariah classification before making an investment decision.
Frequently Asked Questions
What is the PSX symbol of Buxly Paints Limited?
Buxly Paints Limited trades under the symbol BUXL on the Pakistan Stock Exchange.
What does Buxly Paints Limited do?
The company manufactures and sells paints, pigments, protective surface coatings, varnishes and related products under a toll manufacturing arrangement with Berger Paints Pakistan Limited.
Is Buxly Paints 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 Buxly Paints make a profit in FY2026?
No. PSX reports a loss after tax of approximately Rs.34.71 million for FY2026, compared with a loss of approximately Rs.4.06 million in FY2025.
Does BUXL have a regulatory risk warning?
Yes. The PSX company profile displays a Risk Warning Alert for continuing regulatory violations and possible suspension or delisting. Consult the latest official PSX notices for its current status.
Disclaimer
This profile is for educational and informational purposes only. It is not a recommendation to buy or sell BUXL shares and does not guarantee returns. Financial results, regulatory status, market prices and Shariah classifications may change. Consult the latest PSX announcements, company financial statements and Shariah screening information before making an investment decision.
This profile is for educational purposes and is not a recommendation to buy or sell any security.