FLASHNEWS:

Systems Limited Forecasts Revenue Growth and Profitability Increase for 2QCY26

Karachi: Systems Limited is projected to post a notable increase in profitability for the second quarter of the calendar year 2026, driven by higher revenue and expanded margins. The company's net profit after tax (NPAT) is expected to rise to PKR 3.2 billion, translating to earnings per share (EPS) of PKR 2.1. This marks a 21 percent increase compared to the same period last year, where NPAT stood at PKR 2.7 billion with an EPS of PKR 1.7.

According to AKD Securities Limited, the anticipated revenue growth of 29 percent year-over-year is attributed to the addition of Confiz and sustained momentum in the Middle East, Africa, and European markets. Despite the projected exchange losses of PKR 43 million on foreign currency assets, due to a 0.3 percent appreciation of the Pakistani Rupee against the US Dollar, the financial outlook for Systems Limited remains positive.

AKD Securities Limited maintains a 'BUY' recommendation for Systems Limited, setting a discounted cash flow target price of PKR 277 per share for December 2026.