J.A. Textile Mills Limited
By PSX Investors Zone · Updated October 24, 2026
J.A. Textile Mills Limited (PSX: JATM) is a Pakistani textile-spinning company incorporated in 1987 that began commercial production in April 1992. Its principal business is manufacturing and selling cotton yarn and polyester-cotton (PC) yarn for domestic and export markets. The company operates a spinning mill in the Faisalabad region and is listed on the Pakistan Stock Exchange. JATM was included in the PSX-KMI All Share Islamic Index recomposition announced on May 29, 2026. Its FY2025 financial results showed sales of approximately Rs1.431 billion and a net loss of Rs42.33 million. Investors should review more recent financial statements, working-capital requirements, and operating margins when evaluating the company.
Company Overview
J.A. Textile Mills Limited (PSX: JATM) is a Pakistani textile-spinning company incorporated on May 25, 1987, under the Companies Ordinance, 1984. The company began commercial production in April 1992 and manufactures cotton yarn and polyester-cotton (PC) yarn for domestic and export markets.
The company's registered office is at JK House, 32-W, Susan Road, Madina Town, Faisalabad, Pakistan. Its spinning mill is located in the Jaranwala and Khurrianwala area of Faisalabad, Punjab. Its financial year ends on June 30.
Source: J.A. Textile Mills official website.
Products and Business Model
J.A. Textile Mills operates in the textile-spinning segment, producing yarn used by downstream textile manufacturers. Its principal products include 100% cotton yarn and polyester-cotton blended yarn.
Demand for these products depends on the performance of the broader textile industry, including weaving, knitting, fabric production, and export-oriented manufacturing. The company's business can be affected by cotton and polyester prices, energy costs, machinery utilisation, labour expenses, exchange-rate movements, and changes in domestic and international demand.
Financial Performance
The PSX financial summary reports the following annual figures for the year ended June 30, 2025:
- Sales: approximately Rs1.431 billion
- Profit after taxation: a loss of approximately Rs42.33 million
- Earnings per share (EPS): negative Rs3.36
For FY2024, the reported figures were approximately Rs129.95 million in sales, a net loss of Rs60.83 million, and EPS of negative Rs4.83.
The substantial change in reported sales between these periods warrants careful review of the underlying financial statements. Investors should check revenue recognition, the nature of reported sales, gross margins, operating expenses, finance costs, and cash flows before drawing conclusions about the company's underlying performance.
The PSX quarterly summary for the quarter ended March 31, 2026, reports sales of approximately Rs477.48 million and a net loss of Rs31.67 million, compared with sales of approximately Rs477.88 million and profit after taxation of Rs9.22 million in the corresponding quarter of the previous year.
Source: PSX company profile and financials.
Shariah Compliance Status
J.A. Textile Mills Limited was included in the PSX-KMI All Share Islamic Index recomposition announced on May 29, 2026. The recomposition was based on the Shariah status of listed companies using accounts as of December 31, 2025, and the revised index became effective on June 5, 2026.
Index inclusion indicates that the company met the applicable screening requirements for that review. It should not be interpreted as a guarantee of continued compliance. Investors should consult the latest official PSX-KMI screening publication before relying on the classification for a current investment decision.
Sources:
Key Risks to Consider
Profitability risk: The company reported annual net losses in FY2024 and FY2025. Review subsequent results to determine whether operating performance has improved.
Raw-material risk: Cotton and polyester prices can change production costs and affect margins.
Energy and operating costs: Spinning is energy-intensive, making electricity, gas, and other operating expenses important factors.
Demand and export exposure: Changes in textile orders, international competition, exchange rates, and global demand can affect sales volumes and profitability.
Working-capital risk: Inventory levels, customer receivables, supplier payments, and financing costs can influence cash availability.
Shariah screening changes: Index membership is reviewed periodically and may change with updated financial information or screening outcomes.
How Investors Can Research JATM
Investors researching JATM should examine its latest audited annual report, interim financial statements, PSX announcements, gross and net profit margins, operating cash flow, borrowings, and working-capital position. Because the annual sales figures show a substantial change between FY2024 and FY2025, checking the original financial statements and relevant notes is particularly important.
A balanced assessment should consider earnings quality, financial resilience, the textile industry's operating environment, valuation, and the latest Shariah screening status rather than relying on a single headline financial metric.
Official Resources
- PSX company profile, announcements, and financials
- J.A. Textile Mills official website
- Company profile and corporate information
- PSX Shariah-compliant investment resources
This profile supports company research and investor education. Historical financial results and index inclusion do not guarantee future performance or continued Shariah compliance.
This profile is for educational purposes and is not a recommendation to buy or sell any security.