At-Tahur Limited

At-Tahur Limited (PREMA) — Company Profile and Fundamental Analysis

At-Tahur Limited is a Pakistani dairy company listed on the Pakistan Stock Exchange under the symbol PREMA. The company operates under the Premá brand and focuses on dairy farming, milk production, processing and the sale of dairy products.

Official website: https://www.at-tahur.com/

Business Overview

At-Tahur was incorporated in Pakistan on March 16, 2007. It subsequently became a public limited company and was listed on the PSX on July 23, 2018.

The company’s operations include dairy farming and the production and processing of milk and related products. The Premá product range includes whole milk, low-fat milk, flavoured milk, yogurt, butter and cream cheese. Its business performance can be affected by livestock and feed costs, packaging, energy expenses, consumer demand, distribution costs and changes in taxation or food regulations.

Sources: PSX company profile | Official Premá company profile

Financial Performance

The PSX financial summary reports the following annual results:

Financial metric	FY2026	FY2025
Revenue	Rs.6.900bn	Rs.5.655bn
Profit after tax	Rs.821.42m	Rs.528.15m
Earnings per share	Rs.3.76	Rs.2.42
Gross profit margin	40.62%	44.53%
Net profit margin	11.90%	9.34%

Revenue increased by approximately 22.0%, while profit after tax rose by approximately 55.5%. EPS also improved year over year. However, gross profit margin fell by 3.91 percentage points, so investors should examine production costs and the reasons behind the change in gross profitability.

The improved net margin suggests stronger overall profitability relative to sales, but investors should also review operating cash flow, financing costs, borrowings and working-capital requirements before drawing conclusions about financial strength.

Source: PSX — PREMA financial results and ratios

Share Price and Valuation

The PSX profile displayed a share price of Rs.32.20 on October 20, 2026, at approximately 2:11 PM. At that time, the displayed 52-week range was Rs.23.00–44.00 and the trailing P/E ratio was 8.56.

These figures are dated market snapshots and should be refreshed before publication. A low P/E ratio does not automatically mean that a stock is undervalued. Investors should compare the market valuation with earnings sustainability, future growth, cash flows, debt and business risks.

Source: PSX — PREMA market data

Shariah Compliance Status

At-Tahur Limited was listed as Shariah-compliant in screening information effective June 5, 2026, based on financial data dated December 31, 2025.

The reported screening ratios were:

• Debt-to-assets ratio: 4.28%
• Non-compliant investments-to-assets ratio: 0.00%
• Non-compliant income-to-revenue ratio: 0.00%
• Illiquid assets ratio: 83.28%

These ratios relate to the specified screening period and should not be treated as a permanent classification. Check the latest applicable PSX Shariah screening before describing PREMA as currently compliant. A company’s screening status may change when its financial ratios or other relevant information change.

Screening reference: PREMA Shariah screening details

Important PSX Risk Warning

The PSX company profile displays a Risk Warning Alert referring to continuous violations under specified exchange regulations and potential suspension or delisting risk.

This alert should be investigated using the latest official PSX notices and company announcements. Its presence alone does not establish that PREMA has already been suspended or delisted. Investors should understand the underlying regulatory issue and any required remedial action before relying on the stock’s financial metrics alone.

Source: PSX — PREMA profile and announcements

Key Factors for Investors to Monitor

• Revenue growth: Whether demand for the company’s dairy products continues to expand.
• Gross margins: Changes in feed, production, packaging and distribution costs.
• Profitability: Whether net margins and EPS remain sustainable in subsequent reporting periods.
• Cash flow: Whether reported earnings convert into cash from operations.
• Financing obligations: The effect of debt and financing costs on future results.
• Regulatory disclosures: Updates concerning the PSX Risk Warning Alert.
• Shariah screening: Any change in the company’s status at a subsequent review.

Official References

1. Pakistan Stock Exchange — PREMA
2. At-Tahur Limited — Official Website
3. Premá — Company Profile
4. PREMA Shariah Screening Information

Disclaimer: This profile is for educational and informational purposes only. It is not a recommendation to buy or sell PREMA. Verify the latest financial statements, share price, PSX notices and Shariah screening before making an investment decision.