Ismail Industries Limited
By PSX Investors Zone · Updated October 24, 2026

Ismail Industries Limited (PSX: ISIL) is a Pakistani manufacturer of confectionery, biscuits, snacks, food products, and flexible packaging films. Incorporated in 1988, the company operates well-known brands including CandyLand, Bisconni, SnackCity, Ghiza, Ismail Nutrition, and Astro Films. For FY2026, it reported sales of approximately Rs104.30 billion, profit after taxation of Rs3.95 billion, and EPS of Rs59.59, compared with Rs5.75 billion in profit and EPS of Rs86.64 in FY2025. ISIL was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index recomposition dated May 29, 2026. However, PSX displays a Risk Warning Alert concerning possible suspension of trading or delisting, which investors should review carefully.
Important PSX Risk Warning Alert
The Pakistan Stock Exchange company page currently displays the following warning:
The Company is in continuous violation as specified in Clauses 5.11.1. or 5.11.2. and carry risk of suspension of trading or being delisted from the Exchange and may be subject to such terms and conditions as specified by the Exchange.
This is a material listing and trading risk. Investors should review the latest PSX announcements to determine the nature and current status of the underlying violations. Shariah-compliant classification does not remove the possibility of suspension, delisting, liquidity issues, or financial loss.
Source: Official PSX company page — ISIL.
Company Overview
Ismail Industries Limited (PSX: ISIL) is a Pakistani manufacturer with operations spanning confectionery, biscuits, snacks, food products, and flexible packaging films. The company was incorporated in Karachi as a private limited company on June 21, 1988, and converted into a public limited company on November 1, 1989.
Its registered address listed by PSX is 17, Bangalore Town, Main Shahrah-e-Faisal, Karachi, Pakistan. The company’s financial year ends in June.
Ismail Industries has expanded its business through several brands and product divisions, giving it exposure to both consumer-food markets and packaging-film manufacturing.
Source: Company information.
Brands and Business Segments
The company’s portfolio includes:
- CandyLand: Candies, chocolates, jellies, lollipops, and other confectionery products.
- Bisconni: Biscuits, cookies, wafers, cakes, and related baked products.
- SnackCity: Snacks such as chips and peanuts.
- Ghiza: Flour and food-related products.
- Ismail Nutrition: Nutritional products.
- Astro Films: Flexible packaging films, including CPP and BOPET products.
This portfolio gives the company exposure to multiple consumer categories and packaging demand. However, business performance can be affected by raw-material prices, energy and freight costs, consumer purchasing power, competition, product mix, and changes in demand.
Sources: Official company website and company information.
Financial Performance
PSX-reported annual financial figures for the year ended June 30, 2026, show the following:
| Financial metric | FY2026 | FY2025 |
|---|---|---|
| Sales | Rs104.30 billion | Rs105.19 billion |
| Profit after taxation | Rs3.95 billion | Rs5.75 billion |
| Earnings per share (EPS) | Rs59.59 | Rs86.64 |
| Gross profit margin | 20.34% | 20.76% |
| Net profit margin | 3.79% | 5.47% |
Sales declined slightly in FY2026, while profit after taxation and EPS fell by approximately 31% year over year. The reported net profit margin also narrowed. Investors should review the annual report for details on segment performance, finance costs, taxation, operating expenses, and cash generation to understand the reasons behind the decline.
These are historical results, not a forecast of future performance.
Sources: PSX financials and announcements and official financial reports.
Dividend Information
The board recommended a final cash dividend of Rs5 per share alongside the FY2026 results. The recommendation should not be described as a confirmed payment unless approval and the relevant dividend-credit details are verified. Check the latest PSX announcement and shareholder-meeting outcome for the final status.
Source: PSX company announcements.
Shariah Compliance Status
Ismail Industries Limited was classified as Compliant in the official PSX-KMI All Share Islamic Index recomposition notice dated May 29, 2026, based on company accounts as of December 31, 2025.
The published screening ratios were:
- Debt ratio: 28.30%
- Non-compliant investment ratio: 13.95%
- Non-compliant income ratio: 0.53%
- Illiquid assets ratio: 57.60%
These figures relate to the specified screening review and are not a guarantee of continued compliance. Investors should check the latest official PSX-KMI screening publication before relying on the classification.
Source: Official PSX-KMI All Share Islamic Index recomposition notice.
Key Risks to Consider
PSX listing and trading risk: The current PSX page displays a Risk Warning Alert concerning continuous violations and possible suspension or delisting. This issue should be investigated through current official exchange announcements.
Profitability pressure: FY2026 profit after taxation and EPS were lower than FY2025. Investors should determine whether the decline reflects temporary pressures or more persistent changes in costs and operating performance.
Raw-material and energy costs: Food production and packaging-film manufacturing are exposed to commodity prices, energy costs, and supply-chain conditions.
Consumer demand and competition: Purchasing power, consumer preferences, and competition can affect sales volumes and margins across the company’s brands.
Shariah screening changes: The cited status is based on a specific review date and may change following subsequent financial disclosures or screening exercises.
How Investors Can Research ISIL
Before evaluating the stock, review the latest annual report, quarterly statements, segment-level results, operating cash flow, borrowings, finance costs, dividend announcements, and updates concerning the PSX Risk Warning Alert.
Compare revenue, gross profit, net profit, and cash flow across multiple periods. A diversified brand portfolio does not eliminate business risk, and a compliant Shariah classification should be considered separately from valuation, financial performance, and listing status.
Official Resources
- PSX company profile, financials, and announcements
- Ismail Industries official website
- Company information
- Official financial reports
- PSX Shariah-compliant investment resources
This profile is intended for company research and investor education. Historical financial results and Shariah screening classifications do not guarantee future performance or continued compliance.
This profile is for educational purposes and is not a recommendation to buy or sell any security.