Crescent Fibres Limited
By PSX Investors Zone · Updated October 21, 2026
Crescent Fibres Limited (CFL) is a Pakistan Stock Exchange-listed textile-spinning company engaged in manufacturing and selling yarn. For FY2026, the company reported sales of approximately Rs.3.84 billion and a loss after tax of Rs.580.97 million, compared with a loss of Rs.775.71 million in FY2025. CFL was classified as Shariah-compliant in the PSX-KMI All Share Islamic Index screening dated May 29, 2026. However, PSX displays a Risk Warning Alert concerning 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
Crescent Fibres Limited (CFL) is a Pakistani textile-spinning company listed on the Pakistan Stock Exchange. Its principal business is the manufacturing and sale of yarn for use by downstream textile manufacturers.
The company was incorporated in Pakistan on August 6, 1977, as a public limited company. Its registered office is located at 104 Shadman 1, Lahore, Punjab.
The textile-spinning industry is influenced by cotton and other raw-material prices, energy costs, exchange-rate movements, financing expenses and demand from domestic and export-oriented textile manufacturers.
Official sources:
- PSX company profile — CFL
- Crescent Fibres official website
- FY2026 annual report and financial announcements
Latest Annual Financial Performance
According to the financial information displayed by PSX, the company's results for the financial years ended June 30 were:
| Financial metric | FY2026 | FY2025 |
|---|---|---|
| Sales | Rs.3.841 billion | Rs.4.331 billion |
| Profit / (loss) after tax | (Rs.580.969 million) | (Rs.775.712 million) |
| Earnings / (loss) per share | (Rs.46.78) | (Rs.62.47) |
| Gross profit margin | -4.10% | -8.23% |
| Net profit margin | -15.12% | -17.91% |
Source: PSX financial information for CFL
Sales declined in FY2026 compared with FY2025. However, the reported annual loss narrowed, and the gross and net loss margins improved. The company nevertheless remained loss-making.
Investors should review the complete FY2026 annual report to understand production costs, finance expenses, cash flow, borrowings and working-capital requirements. Improving losses alone do not establish that a sustainable recovery has occurred.
Latest Quarterly Financial Performance
PSX's financial summary includes the following figures for the quarter ended March 31, 2026:
| Financial metric | Q3 FY2026 | Q3 FY2025 |
|---|---|---|
| Sales | Rs.915.56 million | Rs.823.15 million |
| Loss after tax | Rs.95.32 million | Rs.107.19 million |
| Loss per share | Rs.7.68 | Rs.8.63 |
Source: PSX company profile and quarterly financial information
Quarterly sales increased year over year, while the reported loss narrowed. These figures relate only to the third quarter and should not be confused with full-year results.
Shariah Compliance Status
Crescent Fibres Limited was classified as Shariah-compliant in the official PSX-KMI All Share Islamic Index screening notice dated May 29, 2026, based on financial information as of December 31, 2025.
| Screening measure | Reported ratio |
|---|---|
| Debt to total assets | 16.55% |
| Non-compliant investments to total assets | 0.68% |
| Non-compliant income to revenue | 0.51% |
| Illiquid assets to total assets | 45.04% |
Source: Official PSX Shariah screening notice
These ratios apply to the stated screening period and should not be represented as the company's current ratios without an updated review. Shariah status can change when new financial information is assessed. Confirm the latest official PSX eligible-scrip list before relying on this classification.
Important PSX Risk Warning
PSX displays a Risk Warning Alert for Crescent Fibres Limited. The warning refers to continuous violations of clauses 5.11.1 or 5.11.2 of PSX regulations and the risk of suspension of trading or delisting, subject to the Exchange's applicable terms and conditions.
This regulatory warning is separate from Shariah screening. A Shariah-compliant classification does not remove regulatory, liquidity or investment risks.
Investors should check the official PSX company profile for the latest warning and any subsequent compliance announcements before making an investment decision.
Key Factors Investors Should Monitor
- Profitability: The company continued to report annual losses in FY2026, despite improvement compared with FY2025.
- Raw-material costs: Cotton prices and other input costs can influence production expenses.
- Energy expenses: Electricity and other energy costs can affect spinning margins.
- Textile demand: Yarn sales depend on demand from downstream textile producers and export markets.
- Finance costs: Review borrowings, financing expenses and the ability to meet financial obligations.
- Cash flow: Compare reported earnings with cash generated from operating activities.
- Regulatory status: Monitor the PSX Risk Warning Alert and subsequent official disclosures.
- Shariah status: Reconfirm the latest official screening before making a Shariah-based investment decision.
Frequently Asked Questions
What is the PSX symbol of Crescent Fibres Limited?
Crescent Fibres Limited trades under the symbol CFL on the Pakistan Stock Exchange.
What does Crescent Fibres Limited do?
The company is principally engaged in manufacturing and selling yarn and operates in the textile-spinning sector.
Is Crescent Fibres Limited Shariah-compliant?
It was classified as compliant in the PSX-KMI All Share Islamic Index screening dated May 29, 2026, based on accounts as of December 31, 2025. Investors should verify the latest official screening before investing.
Did Crescent Fibres Limited make a profit in FY2026?
No. The company reported a loss after tax of approximately Rs.580.97 million for FY2026, compared with a loss of approximately Rs.775.71 million in FY2025.
Does CFL have a PSX Risk Warning Alert?
Yes. PSX displays an alert concerning continuous regulatory violations and possible suspension or delisting. Consult the current official PSX notice for the applicable details.
What should investors review before considering CFL?
Investors should examine the latest annual and quarterly results, cash flow, borrowings, operating margins, regulatory disclosures, market liquidity and current Shariah screening.
Disclaimer
This profile is provided for educational and informational purposes only. It is not a recommendation to buy or sell CFL shares and does not guarantee returns. Financial results, market prices, regulatory status and Shariah classifications can change. Always consult the latest official PSX disclosures and company reports before making an investment decision.
This profile is for educational purposes and is not a recommendation to buy or sell any security.