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capitalstake.com. Provided by * Returns not adjusted for payouts
^The historical stock prices have been adjusted to reflect stock splits to ensure comparability over time.
Company Profile
Wah Nobel Chemicals Limited was incorporated in Pakistan on 31 May 1983 as a Public Limited Company under the Companies Act, 1913 (now the Companies Act, 2017). The principal activity of the Company is to manufacture Urea Formaldehyde Moulding Compound, Formaldehyde and Formaldehyde based liquid resins for use as bonding agent in the chip board, plywood and flush door manufacturing industries.
| Brig (R) Shiraz Ullah Choudhry | CEO |
| Lt Gen Tahir Hameed Shah, HI(M) | Chairperson |
| Tanveer Elahi, FCA | Company Secretary |
Ilyas Saeed Associates (Pvt.) Ltd., Management Consultants, nd Office # 26, 2 Floor, Rose Plaza, I-8 Markaz, Islamabad
M/s Grant Thornton Anjum Rahman, Chartered Accountants
June
Equity Profile
Announcements
| Date | Title | Document |
|---|---|---|
| Feb 26, 2026 | Transmission of Quarterly Report for the Period Ended 31.12.2025 | View PDF |
| Feb 17, 2026 | Financial Results for the Quarter Ended December 31, 2025 | View PDF |
| Nov 14, 2025 | CORPORATE BRIEFING SESSION FOR THE YEAR ENDED JUNE 30,2025 | View PDF |
| Oct 29, 2025 | Transmission of Quarterly Report for the Period Ended September 30, 2025 | View PDF |
| Oct 27, 2025 | Financial Results for the Quarter Ended September 30, 2025 | View PDF |
Financials
All numbers in thousands (000's) except EPS
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Sales | 5,096,034 | 4,684,721 | 4,383,436 | 3,309,606 |
| Profit after Taxation | 481,934 | 549,414 | 449,230 | 209,123 |
| EPS | 53.55 | 61.05 | 49.91 | 23.24 |
| Q2 2026 | Q1 2026 | Q3 2025 | Q2 2025 | |
|---|---|---|---|---|
| Sales | 1,163,267 | 1,413,221 | 1,338,249 | 1,350,881 |
| Profit after Taxation | 88,464 | 122,194 | 121,542 | 109,489 |
| EPS | 9.83 | 13.58 | 13.50 | 12.17 |

Ratios
| 2025 | 2024 | 2023 | 2022 | |
|---|---|---|---|---|
| Gross Profit Margin (%) | 16.76 | 22.52 | 20.16 | 13.83 |
| Net Profit Margin (%) | 9.46 | 11.73 | 10.25 | 6.32 |
| EPS Growth (%) | (12.29) | 22.32 | 114.76 | (37.46) |
| PEG | (0.47) | 0.15 | 0.03 | (0.21) |










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