AGSML Abdullah Shah Ghazi Sugar Mills Limited
Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 9.61 -1.23%
Annual · FY2007 – FY2025
Abdullah Shah Ghazi Sugar Mills Limited (AGSML) cash flow statement
Operating activities generated Rs 24.2 mn of cash in FY2025 (Oct 2024 – Sep 2025). Capital expenditure was Rs 136.4 mn, leaving free cash flow of -Rs 112.2 mn. Overall, cash increased by Rs 3.2 mn.
| Rs mn | FY2025 Oct 2024 – Sep 2025 | FY2024 * Oct 2023 – Sep 2024 | FY2023 * Oct 2022 – Sep 2023 | FY2022 * Oct 2021 – Sep 2022 | FY2021 * Oct 2020 – Sep 2021 | FY2020 * Oct 2019 – Sep 2020 | FY2019 * Oct 2018 – Sep 2019 | FY2018 * Oct 2017 – Sep 2018 | FY2017 * Oct 2016 – Sep 2017 | FY2016 * Oct 2015 – Sep 2016 | FY2015 Oct 2014 – Sep 2015 | FY2014 Oct 2013 – Sep 2014 | FY2013 Oct 2012 – Sep 2013 | FY2012 Oct 2011 – Sep 2012 | FY2011 Oct 2010 – Sep 2011 | FY2010 Oct 2009 – Sep 2010 | FY2009 Oct 2008 – Sep 2009 | FY2008 Oct 2007 – Sep 2008 | FY2007 Oct 2006 – Sep 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||||||||||
| Profit (cash-flow starting line, as reported) | (394.7) | (222.5) | (193.5) | (309.7) | (174.6) | (294.7) | (258.6) | (313.9) | (175.2) | (409.7) | (563.6) | 113.5 | (95.5) | 11.6 | 19.5 | 38.1 | 95.6 | 138.6 | (26.1) |
| Depreciation & amortisation | 165.9 | 152.9 | 161.6 | 170.8 | 180.6 | 191.0 | 126.1 | 133.5 | 80.1 | 79.5 | 84.3 | 89.4 | 94.2 | 40.8 | 20.6 | 21.0 | 21.8 | 20.5 | 19.9 |
| Net cash from operating activities | 24.2 | (103.3) | 127.9 | (55.5) | (58.1) | (2.0) | 7.8 | 3.9 | 61.7 | 43.5 | 1,131.1 | 253.8 | 82.0 | 41.2 | (279.3) | (218.3) | 131.2 | (171.0) | 79.0 |
| Investing activities | |||||||||||||||||||
| Capital expenditure | (136.4) | (0.0) | (362.5) | (0.1) | 0.0 | (0.5) | (6.5) | (7.5) | (47.0) | (4.3) | (897.5) | (178.7) | (77.7) | (119.8) | (141.9) | (170.8) | (199.0) | (32.3) | (11.1) |
| Net cash from investing activities | (136.4) | (0.0) | (362.5) | (0.1) | 0.0 | (0.5) | (6.5) | (7.5) | (47.5) | (4.3) | (893.5) | (178.7) | (77.7) | (120.2) | (142.2) | (174.4) | (199.2) | (30.8) | (11.0) |
| Financing activities | |||||||||||||||||||
| Borrowings raised / (repaid) | 115.4 | 98.3 | 234.8 | 57.7 | 57.6 | (1.0) | (1.0) | (1.7) | (7.0) | (46.6) | (238.8) | (68.6) | (11.9) | 75.2 | 342.7 | 428.0 | 116.8 | 251.6 | 0.0 |
| Net cash from financing activities | 115.4 | 101.3 | 234.8 | 57.7 | 57.6 | (1.0) | (1.0) | (1.7) | (7.0) | (46.6) | (238.8) | (68.6) | (11.9) | 75.2 | 342.7 | 428.0 | 116.8 | 212.1 | (70.2) |
| Net change in cash | 3.2 | (2.1) | 0.3 | 2.1 | (0.5) | (3.6) | 0.3 | (5.2) | 7.2 | (7.4) | (1.2) | 6.5 | (7.6) | (3.8) | (78.9) | 35.3 | 48.8 | 10.3 | (2.1) |
| Key figures | |||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (112.2) | (103.4) | (234.5) | (55.6) | (58.1) | (2.5) | 1.3 | (3.5) | 14.7 | 39.2 | 233.5 | 75.1 | 4.4 | (78.6) | (421.2) | (389.1) | (67.8) | (203.2) | 67.9 |
| Rs mn | FY2025 Oct 2024 – Sep 2025 | FY2024 * Oct 2023 – Sep 2024 | FY2023 * Oct 2022 – Sep 2023 | FY2022 * Oct 2021 – Sep 2022 | FY2021 * Oct 2020 – Sep 2021 | FY2020 * Oct 2019 – Sep 2020 | FY2019 * Oct 2018 – Sep 2019 | FY2018 * Oct 2017 – Sep 2018 | FY2017 * Oct 2016 – Sep 2017 | FY2016 * Oct 2015 – Sep 2016 | FY2015 Oct 2014 – Sep 2015 | FY2014 Oct 2013 – Sep 2014 | FY2013 Oct 2012 – Sep 2013 | FY2012 Oct 2011 – Sep 2012 | FY2011 Oct 2010 – Sep 2011 | FY2010 Oct 2009 – Sep 2010 | FY2009 Oct 2008 – Sep 2009 | FY2008 Oct 2007 – Sep 2008 | FY2007 Oct 2006 – Sep 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||||||||||
| Profit (cash-flow starting line, as reported) | — | — | — | — | — | — | — | — | — | — | -596.8% | — | -920.6% | -40.2% | -48.9% | -60.2% | -31.0% | — | — |
| Depreciation & amortisation | +8.5% | -5.4% | -5.4% | -5.4% | -5.5% | +51.4% | -5.5% | +66.7% | +0.7% | -5.7% | -5.7% | -5.1% | +131.1% | +98.1% | -1.9% | -3.5% | +6.3% | +2.6% | — |
| Net cash from operating activities | — | -180.8% | — | — | — | -126.1% | +98.2% | -93.6% | +41.7% | -96.2% | +345.7% | +209.4% | +99.2% | — | — | -266.4% | — | -316.3% | — |
| Investing activities | |||||||||||||||||||
| Capital expenditure | +619,951.7% | -100.0% | +461,625.8% | — | -100.0% | -92.4% | -13.2% | -84.1% | +982.5% | -99.5% | +402.3% | +130.1% | -35.2% | -15.6% | -16.9% | -14.2% | +516.2% | +189.6% | — |
| Net cash from investing activities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing activities | |||||||||||||||||||
| Borrowings raised / (repaid) | +17.4% | -58.1% | +306.9% | +0.2% | — | — | — | — | — | — | — | — | -115.9% | -78.1% | -19.9% | +266.5% | -53.6% | — | — |
| Net cash from financing activities | +13.9% | -56.9% | +306.9% | +0.2% | — | — | — | — | — | — | — | — | -115.9% | -78.1% | -19.9% | +266.5% | -44.9% | — | — |
| Net change in cash | — | -844.7% | -86.8% | — | — | -1,268.2% | — | -172.8% | — | — | -118.7% | — | — | — | -323.7% | -27.7% | +372.3% | — | — |
| Key figures | |||||||||||||||||||
| Free cash flow (operating cash flow − capex) | — | — | — | — | — | -293.6% | — | -124.0% | -62.4% | -83.2% | +211.1% | +1,617.6% | — | — | — | — | — | -399.4% | — |
Change against the previous fiscal year; shown when the earlier figure is positive.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.
All reported line items 43
| Rs mn | FY2025 Oct 2024 – Sep 2025 | FY2024 Oct 2023 – Sep 2024 | FY2023 Oct 2022 – Sep 2023 | FY2022 Oct 2021 – Sep 2022 | FY2021 Oct 2020 – Sep 2021 | FY2020 Oct 2019 – Sep 2020 | FY2019 Oct 2018 – Sep 2019 | FY2018 Oct 2017 – Sep 2018 | FY2017 Oct 2016 – Sep 2017 | FY2016 Oct 2015 – Sep 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | (394.7) | (222.5) | (193.5) | (309.7) | (174.6) | (294.7) | (258.6) | (313.9) | (175.2) | (409.7) |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 276.7 | 120.1 | (41.2) | 245.7 | 209.6 | 259.8 | 187.7 | 190.6 | 135.0 | 144.3 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | (19.8) | (204.7) | (352.7) | 1.5 | 1.4 | 1.4 | (1.2) | 7.9 | 6.7 | 4.5 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 130.6 | 174.7 | 149.9 | 73.4 | 27.6 | 67.4 | 62.8 | 49.2 | 48.3 | 60.3 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 165.9 | 152.9 | 161.6 | 170.8 | 180.6 | 191.0 | 126.1 | 133.5 | 80.1 | 79.5 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 165.9 | 152.9 | 161.6 | 170.8 | 180.6 | 191.0 | 126.1 | 133.5 | 80.1 | 79.5 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | — | (2.8) | — | — | — | — | — | — | — | — |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 2.8 | 5.1 | 9.3 | 0.2 | 0.2 | 0.1 | (0.5) | (4.2) | 0.5 | 7.1 |
| Interest Paid - Cash | 0.1 | 0.9 | 120.3 | 0.1 | 92.5 | 0.4 | — | 7.0 | 6.0 | 5.8 |
| Interest & Dividends - Received - Total - Cash Flow | — | — | — | — | — | — | 0.7 | — | — | — |
| Cash Flow from Operating Activities before Changes in Working Capital | (120.9) | (108.4) | (364.3) | (64.3) | (57.7) | (35.4) | (69.7) | (126.1) | (46.7) | (278.3) |
| Working Capital - Increase/(Decrease) - Cash Flow | 145.1 | 5.1 | 492.3 | 8.7 | (0.5) | 33.4 | 77.5 | 130.1 | 108.4 | 321.8 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | — | 15.8 | (0.1) | — | — | — | — | 0.0 | 2.3 | (2.3) |
| Inventories - Decrease/(Increase) - Cash Flow | 2.9 | (15.1) | 152.1 | (3.6) | 0.0 | 48.7 | (14.4) | (65.3) | 132.0 | 104.9 |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | 9.6 | 60.3 | (0.7) | (0.3) | (10.4) | 11.3 | 5.8 | (14.7) | 32.3 | (48.4) |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 132.6 | (56.0) | 340.9 | 12.6 | 10.0 | (26.6) | 86.1 | 210.0 | (58.2) | 267.5 |
| Net Cash Flow from Operating Activities | 24.2 | (103.3) | 127.9 | (55.5) | (58.1) | (2.0) | 7.8 | 3.9 | 61.7 | 43.5 |
| Capital Expenditures - Net - Cash Flow | 136.4 | 0.0 | 362.5 | 0.1 | 0.0 | 0.5 | 6.5 | 7.5 | 47.0 | 4.3 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 136.4 | 0.0 | 362.5 | 0.1 | 0.0 | 0.5 | 6.5 | 7.5 | 47.0 | 4.3 |
| Property, Plant & Equipment - Purchased - Cash Flow | 136.4 | 0.0 | 362.5 | 0.1 | 0.0 | 0.5 | 6.5 | 7.5 | 47.0 | 4.3 |
| Capital Expenditures - Total | 136.4 | 0.0 | 362.5 | 0.1 | 0.0 | 0.5 | 6.5 | 7.5 | 47.0 | 4.3 |
| Other Investing Cash Flow - Decrease/(Increase) | — | — | — | — | — | — | — | 0.0 | (0.5) | 0.0 |
| Net Cash Flow from Investing Activities | (136.4) | (0.0) | (362.5) | (0.1) | 0.0 | (0.5) | (6.5) | (7.5) | (47.5) | (4.3) |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | 115.4 | 98.3 | 234.8 | 57.7 | 57.6 | (1.0) | (1.0) | (1.7) | (7.0) | (46.6) |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | — | — | — | 0.0 | (55.7) | — | — | 0.0 | (286.5) | (46.6) |
| Debt - Issued/Reduced - Long-Term - Cash Flow | 115.4 | 98.3 | 234.8 | 57.7 | 113.3 | (1.0) | (1.0) | (1.7) | 279.5 | 0.0 |
| Debt - Issued - Long-Term - Cash Flow | — | — | — | 58.7 | 189.3 | — | — | — | 279.5 | 0.0 |
| Debt - Reduced - Long-Term - Cash Flow | — | — | — | 1.0 | 76.0 | — | — | — | — | — |
| Other Financing Cash Flow - Increase/(Decrease) | 0.0 | 3.0 | — | — | — | — | — | — | — | — |
| Net Cash Flow from Financing Activities | 115.4 | 101.3 | 234.8 | 57.7 | 57.6 | (1.0) | (1.0) | (1.7) | (7.0) | (46.6) |
| Non-Classified Cash Flows | — | — | — | (0.0) | — | — | — | — | — | — |
| Net Change in Cash - Total | 3.2 | (2.1) | 0.3 | 2.1 | (0.5) | (3.6) | 0.3 | (5.2) | 7.2 | (7.4) |
| Net Cash from Continuing Operations | 3.2 | (2.1) | 0.3 | 2.1 | (0.5) | (3.6) | 0.3 | (5.2) | 7.2 | (7.4) |
| Net Cash - Beginning Balance | 1.3 | 3.3 | 3.1 | 1.0 | 1.5 | 5.1 | 4.8 | 10.0 | 2.8 | 10.2 |
| Net Cash - Ending Balance | 4.5 | 1.3 | 3.3 | 3.1 | 1.0 | 1.5 | 5.1 | 4.8 | 10.0 | 2.8 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 2.8 | 5.1 | 9.3 | 0.2 | 0.2 | 0.1 | (0.5) | (4.2) | 0.5 | 7.1 |
| Interest Paid - Cash Flow - Supplemental | 0.1 | 0.9 | 120.3 | 0.1 | 92.5 | 0.4 | — | 7.0 | 6.0 | 5.8 |
| Interest & Dividends - Received - Cash Flow - Supplemental | — | — | — | — | — | — | 0.7 | — | — | — |
| CF from Optg Activities before Change in WC & Int Payments | (120.9) | (107.5) | (244.1) | (64.2) | 34.8 | (35.0) | (69.7) | (119.1) | (40.7) | (272.5) |
| Depreciation, Depletion & Amortization - Cash Flow | 165.9 | 152.9 | 161.6 | 170.8 | 180.6 | 191.0 | 126.1 | 133.5 | 80.1 | 79.5 |
| Free Cash Flow to Equity | 3.2 | (5.0) | 0.3 | 2.1 | (0.5) | (3.6) | 0.3 | (5.2) | 7.7 | (7.4) |
| Free Cash Flow Net of Dividends | (112.2) | (103.4) | (234.5) | (55.6) | (58.1) | (2.5) | 1.3 | (3.5) | 14.7 | 39.2 |
| Free Cash Flow | (112.2) | (103.4) | (234.5) | (55.6) | (58.1) | (2.5) | 1.3 | (3.5) | 14.7 | 39.2 |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 10 periods; the table above goes back further.