International Knitwear Limited

Company Overview

International Knitwear Limited (PSX: INKL) is a Pakistani apparel manufacturer engaged in developing, manufacturing, and exporting knitted and woven garments. The company is listed on the Pakistan Stock Exchange and operates in the apparel segment.

The PSX company profile lists its address as F-2A/L, S.I.T.E., Karachi, Pakistan, and its financial year ends in June. For the company's incorporation date and corporate history, investors should consult the latest annual report and official company disclosures rather than relying on unverified secondary references.

Sources: PSX company profile and official investor information.

Business Model and Products

International Knitwear develops and manufactures knitted and woven apparel for customers that include export markets. As an apparel manufacturer, the company may be affected by international retailer demand, customer orders, production efficiency, labour and energy costs, fabric and yarn prices, exchange rates, freight expenses, and trade conditions.

Investors should examine the company’s export concentration, order stability, capacity utilisation, inventory turnover, and receivable collection. Changes in order volumes or production costs may influence profit margins and working-capital requirements.

Financial Performance

PSX-reported annual figures for the year ended June 30, 2025, show:

• Sales: approximately Rs1.21 billion
• Profit after taxation: approximately Rs30.86 million
• Earnings per share (EPS): Rs3.19

For FY2024, reported sales were approximately Rs850.51 million, profit after taxation was approximately Rs11.04 million, and EPS was Rs1.14.

These historical figures show higher reported sales and profit in FY2025 than in FY2024. Investors should review the subsequent quarterly reports and FY2026 annual report for a current assessment of revenue, margins, finance costs, cash flow, and debt.

Source: PSX financials and announcements.

Shariah Compliance Status

International Knitwear Limited was classified as Compliant in the PSX-KMI All Share Index recomposition notice dated May 29, 2026, based on accounts as of December 31, 2025.

Published screening ratios:

• Debt ratio: 36.21%
• Non-compliant investment ratio: 1.25%
• Non-compliant income ratio: 0.06%
• Illiquid assets ratio: 52.07%

The debt ratio is relatively close to the threshold used in the cited screening notice. PSX announced revised screening methodology in February 2026, with implementation planned for the November 2026 recomposition. Investors should therefore check the applicable methodology and the latest official list before relying on the existing classification.

Sources: Official PSX-KMI recomposition notice and PSX notice on revised screening methodology.

Key Risks to Consider

• Export demand: Changes in overseas apparel demand and customer orders can affect production and revenue.
• Operating margins: Labour, energy, raw-material, freight, and currency costs can affect profitability.
• Working capital: Inventory and customer receivables can tie up cash.
• Financing risk: Borrowings and finance costs can affect earnings and liquidity.
• Shariah screening changes: The cited classification relates to a specific review date; future methodology and financial updates may affect the status.

How to Research INKL

Review the latest audited annual report, quarterly financial statements, PSX announcements, export revenue, profit margins, cash-flow statement, borrowings, and working-capital position. Compare financial performance across multiple periods and verify the current PSX-KMI status before making an investment decision.

Official Resources

• PSX company profile, financials, and announcements
• International Knitwear official website
• Official investor information
• PSX Shariah-compliant investment resources

This profile is for company research and investor education. Historical financial results and Shariah screening classifications do not guarantee future performance or continued compliance.