Last close · 16 Oct 2026
Rs 6.83 +5.24%
Financials
Altern Energy Limited (ALTN) financials
20 years of annual results (FY2007 – FY2026), 80 quarters.
Altern Energy Limited (ALTN) reported revenue of Rs 503.2 mn for FY2026 (Jul 2025 – Jun 2026), down 93.7% from FY2025.
It made a loss of Rs 1.1 bn attributable to shareholders (EPS Rs -2.95), a net margin of -187.2%.
No cash dividend was declared for FY2026.
The balance sheet showed net cash of Rs 7.1 bn.
Return on equity was -17.4%.
Over the last five years revenue grew at a compound -47.3% a year.
At Rs 6.83 (close on 16 Oct 2026) the shares trade at 0.42× book value.
Fundamentals
ALTN at a glance
Revenue · FY2026
Rs 503.2 mn
▼ 93.7% year on year
Profit attributable to shareholders · FY2026
-Rs 1.1 bn
EPS – basic (Rs) · FY2026
Rs -2.95
Dividend per share (Rs) · FY2026
Rs 0.00
▼ 100.0% year on year
Net margin · FY2026
-187.2%
-90.5 pts year on year
Debt to equity · FY2026
6.4%
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 503.2 mn
- Profit attributable · FY2026
- -Rs 1.1 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 9.8 bn
- Equity · FY2026
- Rs 5.9 bn
Financial highlights
ALTN financial results
| Rs bn | FY2026 Jul 2025 – Jun 2026 | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 * Jul 2021 – Jun 2022 | FY2021 Jul 2020 – Jun 2021 | FY2020 Jul 2019 – Jun 2020 | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.5 | 8.0 | 9.6 | 16.9 | 18.8 | 12.4 | 10.4 | 19.9 | 31.4 | 27.8 |
| Gross profit | (0.1) | 3.8 | 6.0 | 8.2 | 3.3 | 6.0 | 4.7 | 4.2 | 4.7 | 4.3 |
| Operating profit | (0.4) | 3.4 | 4.9 | 7.6 | 3.1 | 5.7 | 4.5 | 4.0 | 4.6 | 4.1 |
| Profit after tax | (0.9) | (7.7) | 5.3 | 7.2 | 2.6 | 2.4 | 5.1 | 2.8 | 3.4 | 2.9 |
| Profit attributable to shareholders | (1.1) | (4.6) | 3.1 | 4.3 | 1.4 | 0.8 | 3.4 | 1.5 | 2.0 | 1.8 |
| EPS – basic (Rs) Rs | (2.95) | (12.54) | 8.49 | 11.78 | 3.72 | 2.21 | 9.31 | 4.21 | 5.49 | 4.91 |
| Dividend per share (Rs) Rs | 0.00 | 9.70 | 18.35 | 0.00 | 18.50 | 0.00 | 0.00 | 6.15 | 4.00 | 4.00 |
| Total assets | 9.8 | 11.1 | 32.2 | 33.6 | 29.8 | 34.7 | 33.2 | 37.4 | 36.5 | 39.9 |
| Total equity | 9.0 | 9.9 | 27.8 | 30.5 | 23.2 | 32.2 | 29.8 | 28.0 | 27.2 | 26.3 |
| Total debt | 0.6 | — | 0.0 | 0.0 | 2.8 | 0.0 | 2.3 | 5.0 | 6.5 | 6.7 |
| Net cash from operating activities | (2.1) | 17.3 | 5.9 | 5.6 | 8.2 | 3.4 | 4.3 | 4.9 | 3.0 | (0.6) |
| Capital expenditure | (0.0) | (0.0) | (0.0) | (0.5) | (0.0) | (0.0) | (0.0) | (0.0) | (0.1) | (0.2) |
| Free cash flow (operating cash flow − capex) | (2.1) | 17.2 | 5.9 | 5.1 | 8.2 | 3.4 | 4.3 | 4.9 | 2.9 | (0.8) |
| Rs bn | TTM to Jun 2026 | Q4 FY2026 Apr – Jun 2026 | Q3 FY2026 Jan – Mar 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0.5 | 0.0 | 0.0 | 0.0 | 0.5 | 0.0 | 0.0 | 2.8 | 5.1 |
| Gross profit | (0.1) | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | 1.6 | 2.2 |
| Operating profit | 0.4 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.3 | (10.3) | 2.4 |
| Profit after tax | (0.9) | 0.5 | (1.4) | 0.0 | (0.1) | (0.2) | 0.2 | (9.9) | 2.2 |
| Profit attributable to shareholders | (1.1) | 0.4 | (1.4) | (0.0) | (0.1) | (0.2) | 0.1 | (5.8) | 1.3 |
| EPS – basic (Rs) Rs | (2.95) | 1.14 | (3.85) | (0.01) | (0.23) | (0.52) | 0.31 | (15.85) | 3.51 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 9.70 | 0.00 |
| Total assets | 9.8 | 9.8 | 9.8 | 10.5 | 10.6 | 11.1 | 11.1 | 17.7 | 37.2 |
| Total equity | 9.0 | 9.0 | 8.5 | 9.9 | 9.8 | 9.9 | 10.1 | 16.4 | 28.4 |
| Total debt | 0.6 | 0.6 | — | — | — | — | — | — | 2.5 |
| Net cash from operating activities | (2.1) | (0.8) | (1.0) | 0.3 | (0.6) | 0.6 | (0.9) | 15.2 | 2.4 |
| Capital expenditure | — | — | (0.0) | (0.0) | — | (0.0) | (0.0) | (0.0) | (0.0) |
| Free cash flow (operating cash flow − capex) | — | — | (1.0) | 0.3 | — | 0.6 | (0.9) | 15.1 | 2.4 |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. Updated 16 Oct 2026.