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Review pending. Every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review has not yet been carried out, and these pages are not indexed.AI-assisted source check done; independent review pending; not indexed. About the review

Promotion and Development

No ticker printed · Stock Exchange of Mauritius · Consolidated statements

On this page
Company details
Legal name
Promotion and Development Ltd
Listing
No ticker printed on the Stock Exchange of Mauritius, active (observed 2026-10-08)
Sector
Not classified (our classification from the stated principal activity)
Financial year ends
30 June

Overview

Year ended 30 June 2026 · published summary of audited statements, final status not established · source

Read with these figures

  • Published summary of audited statements not confirmed as final. The published copy is not confirmed as the final version. The FY to 30 Jun 2026 figures come from it.
Full wording and sources

  • Published summary of audited statements for 2026: final status not established

    Summary issued by Promotion and Development Ltd pursuant to listing rule 12.14 and section 88 of the Securities Act 2005, approved for issue by the Board of Directors on 24 September 2026, 'By order of the board' (PaD Corporate Services Ltd, Secretary, typeset; PDF p1, page image). The notes state that the abridged financial statements have been audited by Ernst & Young, but no auditor's report on the summary is printed, and no audit opinion, audit report date or auditor's signature is shown.

    Source: PROMOTION AND DEVELOPMENT LTD ABRIDGED AUDITED FINANCIAL STATEMENTS JUNE 30TH 2026 (dated 2026-09-24)

  • 2026, 2025: figures from a published summary

    These columns come from a summary of the audited statements, not the full audited financial statements. 'The abridged financial statements have been audited by Ernst & Young and have been extracted from the audited financial statements for the year ended June 30th 2026 ...' (p1); 'These abridged audited financial statements are issued pursuant to listing rule 12.14 and section 88 of the Securities Act 2005.' (p1) No auditor's report on the summary is printed; the summary states 'The abridged financial statements have been audited by Ernst & Young and have been extracted from the audited financial statements for the year ended June 30th 2026 which have been prepared in compliance with Companies Act 2001, Financial Reporting Act 2004 and in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board for the year under review.' (p1). The Board 'accepts full responsibility for the accuracy of the information contained in these abridged audited financial statements' (p1). Statements of financial position (condensed: current assets as one line; 'other' non-current assets and liabilities as single lines), changes in equity, cash flows (operating, investing and financing totals only, with cash analysis) and profit or loss and other comprehensive income, with EPS, adjusted earnings, a basic EPS note and a segment note (p1). Group and Company columns. No full notes; no detailed cash-flow lines.

    Source: PROMOTION AND DEVELOPMENT LTD ABRIDGED AUDITED FINANCIAL STATEMENTS JUNE 30TH 2026 (dated 2026-09-24)

  • Revenue

    MUR 540 million

    540,054 MUR thousands · p1

    −0.5% vs 2025

  • Operating profit / (loss)

    Not reported in this filing

  • Profit / (loss) for the year

    MUR 861 million

    861,274 MUR thousands · p1

    Moved from loss to profit (FY to 30 Jun 2025: (575,097) MUR thousands)

  • Total assets

    MUR 19.1 billion

    19,069,758 MUR thousands · p1

    +7.8% vs 2025

  • Total equity

    MUR 17.2 billion

    17,166,242 MUR thousands · p1

    +8.5% vs 2025

  • Cash from operations

    −MUR 93.1 million

    (93,093) MUR thousands · p1

    Change not shown.

Large amounts are rounded for reading (MUR million / billion / trillion); exact figures as printed are under each amount and in the tables. No currency conversion.

Not shown: the prior-year figure is zero or negative.

Financial statements

Exact figures as printed. Each column comes from one filing; labels are as printed in the newest filing. Amounts in MUR thousands unless the row says otherwise; brackets are negative.

† from a supplementary filing for the same year · ‡ signed audited statements preferred over a disputed figure · “–” is a printed dash, explained below the table

Column sources

  • FY to 30 Jun 2026 — published summary of audited statements (summary), final status not established; reported for the year · source
  • FY to 30 Jun 2025 — published summary of audited statements (summary), final status not established; comparative in the FY to 30 Jun 2026 filing · source
    • 2026, 2025: figures from a published summary. These columns come from a summary of the audited statements, not the full audited financial statements. 'The abridged financial statements have been audited by Ernst & Young and have been extracted from the audited financial statements for the year ended June 30th 2026 ...' (p1); 'These abridged audited financial statements are issued pursuant to listing rule 12.14 and section 88 of the Securities Act 2005.' (p1) No auditor's report on the summary is printed; the summary states 'The abridged financial statements have been audited by Ernst & Young and have been extracted from the audited financial statements for the year ended June 30th 2026 which have been prepared in compliance with Companies Act 2001, Financial Reporting Act 2004 and in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board for the year under review.' (p1). The Board 'accepts full responsibility for the accuracy of the information contained in these abridged audited financial statements' (p1). Statements of financial position (condensed: current assets as one line; 'other' non-current assets and liabilities as single lines), changes in equity, cash flows (operating, investing and financing totals only, with cash analysis) and profit or loss and other comprehensive income, with EPS, adjusted earnings, a basic EPS note and a segment note (p1). Group and Company columns. No full notes; no detailed cash-flow lines.

Income statement

Income statement, MUR thousands. Columns: FY to 30 Jun 2026 — published summary of audited statements (final status not established), as reported for the year; FY to 30 Jun 2025 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2026.
Line (as printed) FY to 30 Jun 2026Published summary of audited statements (summary)reported for the yearFY to 30 Jun 2025Published summary of audited statements (summary)comparative in FY to 30 Jun 2026 filingsource limitations
Revenue 540,054 542,655
Operating expenses (329,628) (385,125)
Revenue less operating expenses (unlabelled subtotal)1 210,426 157,530
Net impairment on financial assets (18,470) (33,925)
Net finance costs2 (81,587) (81,827)
Net gain/(loss) from fair value on investment property3 46,921 (679,402)
Impairment of goodwill4 –5 (31,572)
Share of results of associates 721,308 123,046
Profit/(Loss) before taxation 878,598 (546,150)
Taxation (20,711) (22,364)
Profit/(loss) for the year from continuing operations6 857,887 (568,514)
Post tax profit/(loss) from discontinued operations7 3,387 (6,583)
Profit/(loss) for the year 861,274 (575,097)
Other comprehensive income for the year, net of tax 678,600 287,834
Total comprehensive income/(loss) for the year 1,539,874 (287,263)
Non-controlling interests8 –9 (8,714)
  1. Printed “-”, read as nil: subtotal_arithmetic: is.profit_before_tax.
  2. Printed “-”; reading unresolved, so no amount is shown. Printed dash; no printed subtotal confirms a nil reading.
Notes and alternative reported figures (7)
  1. “Revenue less operating expenses (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Unlabelled subtotal printed after 'Operating expenses'; equals the segment result total in the segment note.
  2. “Net finance costs” is an issuer-specific line, not mapped to a shared definition: Finance costs net of finance income.
  3. “Net gain/(loss) from fair value on investment property” is an issuer-specific line, not mapped to a shared definition: Fair value movement on investment property.
  4. “Impairment of goodwill” is an issuer-specific line, not mapped to a shared definition: Goodwill impairment.
  5. “Profit/(loss) for the year from continuing operations” is an issuer-specific line, not mapped to a shared definition: Continuing operations after tax.
  6. “Post tax profit/(loss) from discontinued operations” is an issuer-specific line, not mapped to a shared definition: Result of Security and Property Protection Agency Co Ltd (sold 31 January 2026) including the profit on disposal.
  7. “Non-controlling interests” is an issuer-specific line, not mapped to a shared definition: As printed.

Balance sheet

Balance sheet, MUR thousands. Columns: FY to 30 Jun 2026 — published summary of audited statements (final status not established), as reported for the year; FY to 30 Jun 2025 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2026.
Line (as printed) FY to 30 Jun 2026Published summary of audited statements (summary)reported for the yearFY to 30 Jun 2025Published summary of audited statements (summary)comparative in FY to 30 Jun 2026 filingsource limitations
Investment property 4,736,341 4,473,636
Investments in subsidiary companies1 –2 –2
Investments in associates 10,542,291 9,351,076
Financial assets at fair value through other comprehensive income 3,059,221 3,029,048
Other non-current assets3 349,018 473,990
Non-current assets (unlabelled subtotal) 18,686,871 17,327,750
Current assets 382,887 359,887
Total assets 19,069,758 17,687,637
Share capital 1,684,284 1,684,415
Other reserves4 9,129,022 8,694,345
Retained earnings 6,349,887 5,444,594
Capital and reserves before treasury shares (unlabelled subtotal)5 17,163,193 15,823,354
Less: Treasury shares6 –7 (144)
Equity attributable to owners of the parent 17,163,193 15,823,210
Non-controlling interests 3,049 3,049
Total equity 17,166,242 15,826,259
Borrowings 1,251,500 1,207,000
Other non-current liabilities8 371,783 355,597
Non-current liabilities (unlabelled subtotal) 1,623,283 1,562,597
Borrowings9 –10 36
Dividend payable 84,705 84,705
Other current liabilities11 195,528 214,040
Current liabilities (unlabelled subtotal) 280,233 298,781
Total liabilities 1,903,516 1,861,378
Total equity and liabilities 19,069,758 17,687,637
  1. Printed “-”, read as nil: subtotal_arithmetic: bs.non_current_assets.
  2. Printed “-”, read as nil: subtotal_arithmetic: bs.equity_attributable_to_owners.
  3. Printed “-”, read as nil: subtotal_arithmetic: bs.current_liabilities.
Notes and alternative reported figures (8)
  1. “Investments in subsidiary companies” is an issuer-specific line, not mapped to a shared definition: Dashes in the Group columns (eliminated on consolidation).
  2. “Other non-current assets” is an issuer-specific line, not mapped to a shared definition: Condensed line; not analysed in the summary.
  3. “Other reserves” is an issuer-specific line, not mapped to a shared definition: Other reserves (fair value, revaluation and similar), as one line.
  4. “Capital and reserves before treasury shares (unlabelled subtotal)” is an issuer-specific line, not mapped to a shared definition: Unlabelled subtotal of share capital, other reserves and retained earnings, printed before 'Less: Treasury shares'.
  5. “Less: Treasury shares” is an issuer-specific line, not mapped to a shared definition: Treasury shares deducted from equity.
  6. “Other non-current liabilities” is an issuer-specific line, not mapped to a shared definition: Condensed line.
  7. “Borrowings”: mapping to a shared definition is uncertain. Second 'Borrowings' on the page, under 'Current liabilities' (Group: '-' in 2026, 36 in 2025). The cash-flow analysis prints 'Bank overdrafts' '-' and (36) for the same dates, so the current borrowings are bank overdrafts; the cash-flow analysis line itself is not transcribed.
  8. “Other current liabilities” is an issuer-specific line, not mapped to a shared definition: Condensed line.

Cash flow

Cash flow, MUR thousands. Columns: FY to 30 Jun 2026 — published summary of audited statements (final status not established), as reported for the year; FY to 30 Jun 2025 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2026.
Line (as printed) FY to 30 Jun 2026Published summary of audited statements (summary)reported for the yearFY to 30 Jun 2025Published summary of audited statements (summary)comparative in FY to 30 Jun 2026 filingsource limitations
Net cash used in operating activities (93,093) (69,475)
Net cash generated from investing activities 232,623 651,690
Net cash flow before financing activities1 139,530 582,215
Net cash used in financing activities (158,500) (250,203)
(Decrease)/Increase in cash and cash equivalents (18,970) 332,012
Cash and cash equivalents at beginning of the year 65,618 (265,664)
Effect of foreign exchange rate changes 975 (730)
Cash and cash equivalents at end of the year 47,623 65,618
Notes and alternative reported figures (1)
  1. “Net cash flow before financing activities” is an issuer-specific line, not mapped to a shared definition: Printed subtotal of operating and investing flows.

Per share and shares

Per share and shares. Columns: FY to 30 Jun 2026 — published summary of audited statements (final status not established), as reported for the year; FY to 30 Jun 2025 — published summary of audited statements (final status not established), comparative reported in the published summary of audited statements for 2026.
Line (as printed) FY to 30 Jun 2026Published summary of audited statements (summary)reported for the yearFY to 30 Jun 2025Published summary of audited statements (summary)comparative in FY to 30 Jun 2026 filingsource limitations
Earnings / (loss) per share (per share)1 5.08 (3.51)
Profit / (loss) attributable to shareholders (MUR thousands)2 861,274 (566,383)
Weighted average shares (shares)3 169,410,687 161,224,394
Shares in issue at year end (shares)4 169,410,833 169,410,252
Notes and alternative reported figures (4)
  1. Earnings / (loss) per share: printed as “Basic/diluted earnings/(loss) per share - Continuing and discontinued operations”.
  2. Profit / (loss) attributable to shareholders: printed as “Owners of the parent”.
  3. Weighted average shares: printed as “Weighted average number of shares in issue and ranking for dividends during the year”.
  4. Shares in issue at year end: printed as “Number of shares”.

Segments

Segment data not yet collected for this company in the pilot.

Dividends

Proposed or recommended, declared and paid are different events and are kept apart. A statement that no dividend was proposed does not mean none was paid.

No dividend statement or amount collected.

Sources

Each filing used on this page, newest period first. Dates are the document's own; the date we retrieved a file is shown separately and is never a publication date.

  • PROMOTION AND DEVELOPMENT LTD ABRIDGED AUDITED FINANCIAL STATEMENTS JUNE 30TH 2026

    Year ended 30 June 2026 · Published summary of audited statements (summary) · final status not established

    Audit: Ernst & Young (named in the notes; no report printed) (named); no auditor's opinion on the full statements in this document

    Final status: Summary issued by Promotion and Development Ltd pursuant to listing rule 12.14 and section 88 of the Securities Act 2005, approved for issue by the Board of Directors on 24 September 2026, 'By order of the board' (PaD Corporate Services Ltd, Secretary, typeset; PDF p1, page image). The notes state that the abridged financial statements have been audited by Ernst & Young, but no auditor's report on the summary is printed, and no audit opinion, audit report date or auditor's signature is shown.

    Document date
    24 Sep 2026
    Auditor's report
    date not recorded
    Board approval
    24 Sep 2026
    Retrieved by us
    8 Oct 2026 (not a publication date)
    Used for
    statement columns FY to 30 Jun 2026, FY to 30 Jun 2025
    Basis
    consolidated statements · MUR thousands (printed “MRs000”)
    • In the adjusted-earnings table the Company's 2025 'Reported profit/(loss) attributable to owners of the parent' is printed 202,572, whereas the Company's statement of profit or loss prints profit for 2025 of 205,772 (checked on the page image). Company columns are not transcribed; noted only.
    • Cash and cash equivalents are bank and cash balances less bank overdrafts (2025: 65,654 less 36). The effect of foreign exchange rate changes is printed after the opening balance. 'Net cash flow before financing activities' is a printed subtotal (issuer concept). The 'Analysis of cash and cash equivalents' lines are not transcribed: the statement of financial position prints current assets as one condensed line, so 'Bank and cash balances' has no balance-sheet line to sit within.
    • No auditor's report on the summary is printed; the summary states 'The abridged financial statements have been audited by Ernst & Young and have been extracted from the audited financial statements for the year ended June 30th 2026 which have been prepared in compliance with Companies Act 2001, Financial Reporting Act 2004 and in accordance with IFRS Accounting Standards as issued by the International Accounting Standards Board for the year under review.' (p1). The Board 'accepts full responsibility for the accuracy of the information contained in these abridged audited financial statements' (p1).
    • Statements of financial position (condensed: current assets as one line; 'other' non-current assets and liabilities as single lines), changes in equity, cash flows (operating, investing and financing totals only, with cash analysis) and profit or loss and other comprehensive income, with EPS, adjusted earnings, a basic EPS note and a segment note (p1). Group and Company columns. No full notes; no detailed cash-flow lines.
    Technical details
    File
    1 pages, with a text layer
    SHA-256
    663446ec7a95f5c961df9d801e322e8db7a3edd69f4b6a90054df83fe7100b62
    Entity as printed
    Promotion and Development Ltd (The Group / The Company)
    Exchange copy
    retrieved 2026-10-08T18:33:51Z

Data notes

No figure-level notes beyond those in the tables.

Review status: every figure has been located on its cited source page in an AI-assisted source verification (matched to the document's text) (9 October 2026). Independent review is pending for every figure; automated checks and the AI-assisted verification are not independent review.

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Figures shown on this page (CSV) — the same selected figures at their exact printed values, each with its source document, SHA-256, page, selection rule and reading. Independent review of these figures is pending.

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