Engro Holdings Limited (ENGROH): 2Q2025 EPS at Rs28.0, up 17.4x YoY - Earnings higher than industry expectations – By Topline Research

<ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">Engro Holdings (ENGROH) announced its 2Q2025 results today, reporting a profit attributable to equity owners of Rs33.7bn (EPS of Rs28.0), up 17.4x YoY. This includes one-off thermal asset and other related. Adjusted for these one offs, the recurring EPS in 2Q2025 has clocked in at Rs6.0.</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">This takes 1HFY25 earning to Rs.35.6bn (EPS of PKR29.5) up by 9.1x YoY. Excluding above one-off adjustment, earnings clocked in at Rs9.0bn (EPS of PKR7.5).</span></li></ul><ul><li><span style="font-family:Arial, Helvetica, sans-serif;font-size:medium;">We maintain a Buy stance on ENGROH, with the stock currently trading at a 2025E and 2026F P/E of 7.1x and 5.6x, respectively.</spa...