Karachi: National Foods Ltd (NATF) is anticipated to report substantial growth in its financial performance for the fiscal year 2026, with a notable increase in earnings and dividends. The company is expected to announce its FY26 results in September 2026, projecting a standalone earnings per share (EPS) of Rs4.04 for the fourth quarter and Rs26.34 for the entire fiscal year. On a consolidated basis, the EPS is projected to be Rs4.44 for the fourth quarter and Rs113.11 for the fiscal year. Additionally, a final dividend per share (DPS) of Rs5.00 is expected, contributing to a total DPS of Rs30.00 for FY26.

According to JS Global, the anticipated 2.8 times year-on-year growth in standalone earnings is driven by a 16% increase in revenues, a 3 percentage point improvement in gross margins, and a reduction in financial charges. The company's growth is attributed to effective promotional campaigns, enhanced operational efficiencies, and tax savings from its Faisalabad plant. These factors have contributed to the sustainability of earnings growth in NATF's core business. Furthermore, a Buy rating for NATF has been reiterated, with a revised target price set at Rs522.