Last close · 16 Oct 2026
Rs 8.60 -0.46%
Quarterly · Q1 FY2022 – Q4 FY2026
Azgard Nine Limited (ANL) quarterly cash flow statement
Operating activities generated -Rs 720.4 mn of cash in Q4 FY2026 (Apr – Jun 2026), down 155.6% on Q4 FY2025, -24% of the starting profit. Capital expenditure was Rs 516.7 mn, leaving free cash flow of -Rs 1.2 bn. Dividends paid to shareholders came to Rs 30.0 mn. Overall, cash decreased by Rs 1.3 bn.
| Rs mn | 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 | Q4 FY2024 Apr – Jun 2024 | Q3 FY2024 Jan – Mar 2024 | Q2 FY2024 Oct – Dec 2023 | Q1 FY2024 Jul – Sep 2023 | Q4 FY2023 Apr – Jun 2023 | Q3 FY2023 Jan – Mar 2023 | Q2 FY2023 Oct – Dec 2022 | Q1 FY2023 Jul – Sep 2022 | Q4 FY2022 Apr – Jun 2022 | Q3 FY2022 Jan – Mar 2022 | Q2 FY2022 Oct – Dec 2021 | Q1 FY2022 Jul – Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | 3,974.8 | 2,994.3 | 587.6 | 135.8 | 257.0 | 56.3 | 519.0 | 175.7 | 194.0 | (55.8) | 210.1 | 205.5 | 346.2 | 919.0 | 688.2 | (104.7) | 411.9 | 617.2 | 286.2 | 378.3 | 230.1 |
| Net cash from operating activities | 2,176.7 | (720.4) | 1,617.1 | 879.3 | 400.6 | 1,294.9 | 377.8 | 464.3 | 282.6 | 907.5 | 20.7 | 732.3 | (357.8) | (131.3) | 1,224.0 | 256.5 | 118.0 | 659.9 | (23.7) | 381.3 | (171.7) |
| Investing activities | |||||||||||||||||||||
| Capital expenditure | (2,987.0) | (516.7) | (551.7) | (1,233.2) | (685.5) | (1,153.6) | (351.8) | (263.5) | (217.5) | (525.3) | (205.4) | (304.2) | (170.5) | (482.4) | (64.2) | (62.9) | (51.1) | (100.8) | (223.8) | (258.5) | (257.4) |
| Net cash from investing activities | (3,530.5) | (507.4) | (779.5) | (1,558.2) | (685.5) | (1,140.6) | (350.5) | (238.5) | (215.5) | (487.8) | (213.3) | (221.5) | (273.0) | (133.2) | 417.2 | 29.7 | (20.5) | 253.2 | (218.5) | (255.8) | (231.4) |
| Financing activities | |||||||||||||||||||||
| Dividends paid | — | (30.0) | — | — | — | — | — | — | — | (9.4) | (9.6) | — | — | — | — | — | 0.0 | — | 0.0 | — | (0.0) |
| Borrowings raised / (repaid) | (865.0) | (222.9) | (57.5) | (530.6) | (54.0) | (218.3) | 18.2 | (71.4) | (115.4) | (138.4) | (111.7) | (172.2) | 424.7 | 484.2 | (1,326.0) | (48.5) | (291.3) | 69.2 | 278.2 | (386.3) | 111.0 |
| Net cash from financing activities | (749.4) | (80.0) | (84.9) | (521.2) | (63.4) | (240.1) | 18.2 | (108.4) | (115.4) | (192.2) | (121.3) | (172.2) | 424.7 | 484.2 | (1,326.0) | (48.5) | (291.3) | 69.2 | 278.2 | (386.3) | 111.0 |
| Net change in cash | (2,106.5) | (1,310.9) | 754.6 | (1,201.8) | (348.3) | (81.7) | 45.5 | 117.4 | (48.4) | 222.5 | (313.9) | 338.6 | (206.1) | 219.7 | 315.2 | 237.7 | (193.8) | 982.3 | 35.9 | (260.8) | (292.0) |
| Key figures | |||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (810.4) | (1,237.1) | 1,065.5 | (353.9) | (284.9) | 141.3 | 26.0 | 200.8 | 65.1 | 382.2 | (184.7) | 428.1 | (528.3) | (613.6) | 1,159.8 | 193.6 | 66.8 | 559.1 | (247.5) | 122.8 | (429.1) |
| Rs mn | 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 | Q4 FY2024 Apr – Jun 2024 | Q3 FY2024 Jan – Mar 2024 | Q2 FY2024 Oct – Dec 2023 | Q1 FY2024 Jul – Sep 2023 | Q4 FY2023 Apr – Jun 2023 | Q3 FY2023 Jan – Mar 2023 | Q2 FY2023 Oct – Dec 2022 | Q1 FY2023 Jul – Sep 2022 | Q4 FY2022 Apr – Jun 2022 | Q3 FY2022 Jan – Mar 2022 | Q2 FY2022 Oct – Dec 2021 | Q1 FY2022 Jul – Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | +5,217.1% | +13.2% | -22.7% | +32.5% | — | +147.0% | -14.5% | -44.0% | -106.1% | -69.5% | — | -16.0% | +48.9% | +140.5% | -127.7% | +79.0% | -91.7% | — | +166.8% | -14.8% |
| Net cash from operating activities | -155.6% | +328.0% | +89.4% | +41.8% | +42.7% | +1,723.7% | -36.6% | — | — | -98.3% | +185.6% | -403.2% | -119.9% | — | -32.7% | — | +310.2% | -107.7% | +83.2% | — |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | -55.2% | +56.8% | +368.1% | +215.2% | +119.6% | +71.3% | -13.4% | +27.6% | +8.9% | +219.8% | +384.0% | +233.3% | +378.5% | -71.3% | -75.7% | -80.1% | -68.3% | -26.4% | +104.2% | +372.7% |
| Net cash from investing activities | — | — | — | — | — | — | — | — | — | -151.1% | -846.1% | — | -152.6% | — | — | — | — | — | -146.9% | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -100.0% | — | -100.0% | — | — |
| Borrowings raised / (repaid) | — | -416.5% | — | — | — | — | — | -127.2% | -128.6% | — | — | — | +599.8% | -576.7% | — | -362.3% | — | — | — | +19.2% |
| Net cash from financing activities | — | -567.3% | — | — | — | — | — | -127.2% | -139.7% | — | — | — | +599.8% | -576.7% | — | -362.3% | — | — | — | +19.2% |
| Net change in cash | — | +1,560.0% | -1,123.6% | — | -136.7% | — | -65.3% | — | +1.2% | -199.6% | +42.4% | — | -77.6% | +777.7% | — | — | — | — | -136.7% | — |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | -975.6% | +4,001.7% | -276.2% | -537.5% | -63.0% | — | -53.1% | — | — | -115.9% | +121.1% | -890.2% | -209.8% | — | +57.7% | — | — | -5,784.5% | +50.5% | — |
Change against the same quarter a year earlier; shown when the earlier figure is positive.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. TTM = the latest four quarters added together. Updated 16 Oct 2026.
All reported line items 53
| Rs mn | 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 | Q4 FY2024 Apr – Jun 2024 | Q3 FY2024 Jan – Mar 2024 | Q2 FY2024 Oct – Dec 2023 | Q1 FY2024 Jul – Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 2,994.3 | 587.6 | 135.8 | 257.0 | 56.3 | 519.0 | 175.7 | 194.0 | (55.8) | 210.1 | 205.5 | 346.2 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | (1,562.3) | 120.7 | 768.6 | 501.2 | 1,110.2 | 298.9 | 479.9 | 474.3 | 965.9 | 431.8 | 355.4 | 467.7 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | (1,562.3) | 120.7 | 768.6 | 501.2 | 1,110.2 | 298.9 | 479.9 | 474.3 | 965.9 | 431.8 | 355.4 | 467.7 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 478.3 | 322.3 | 232.8 | 215.7 | 190.6 | 221.8 | 209.1 | 253.2 | 125.6 | 115.1 | 117.0 | 103.0 |
| Interest Paid - Cash | 107.0 | 37.1 | 201.5 | 31.5 | 115.7 | 32.0 | 194.4 | 122.2 | 119.6 | 122.3 | 110.9 | 63.5 |
| Interest & Dividends - Received - Total - Cash Flow | 0.1 | — | — | — | 0.6 | — | — | — | 28.5 | — | — | — |
| Cash Flow from Operating Activities before Changes in Working Capital | 846.8 | 348.9 | 470.1 | 510.9 | 860.8 | 564.1 | 252.1 | 292.9 | 693.5 | 404.5 | 333.1 | 647.5 |
| Working Capital - Increase/(Decrease) - Cash Flow | (1,567.2) | 1,268.3 | 409.2 | (110.3) | 434.1 | (186.3) | 212.2 | (10.3) | 214.1 | (383.8) | 399.2 | (1,005.3) |
| Net Cash Flow from Operating Activities | (720.4) | 1,617.1 | 879.3 | 400.6 | 1,294.9 | 377.8 | 464.3 | 282.6 | 907.5 | 20.7 | 732.3 | (357.8) |
| Capital Expenditures - Net - Cash Flow | 516.7 | 527.5 | 1,233.2 | 685.5 | 1,148.5 | 342.0 | 263.5 | 215.3 | 512.2 | 203.5 | 304.2 | 170.5 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 516.7 | 527.5 | 1,233.2 | 685.5 | 1,148.5 | 342.0 | 263.5 | 215.3 | 512.2 | 203.5 | 304.2 | 170.5 |
| Property, Plant & Equipment - Purchased - Cash Flow | 516.7 | 551.7 | 1,233.2 | 685.5 | 1,153.6 | 351.8 | 263.5 | 217.5 | 525.3 | 205.4 | 304.2 | 170.5 |
| Property, Plant & Equipment Sold - Cash Flow | — | 24.2 | — | — | 5.1 | 9.8 | 0.0 | 2.2 | 13.2 | 1.9 | 0.0 | 0.0 |
| Capital Expenditures - Total | 516.7 | 551.7 | 1,233.2 | 685.5 | 1,153.6 | 351.8 | 263.5 | 217.5 | 525.3 | 205.4 | 304.2 | 170.5 |
| Acquisition & Disposals of Business - Assets - Sold/(Acquired) - Net - Cash Flow | (100.0) | — | — | — | 7.3 | (7.3) | 7.3 | — | 5.2 | — | — | — |
| Acquisition of Business - Cash Flow | 100.0 | — | — | — | — | — | — | — | — | — | — | — |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | 88.1 | (252.0) | (325.0) | — | 0.6 | (1.2) | 17.6 | (0.2) | 19.2 | (9.9) | 82.7 | (102.5) |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | 88.1 | (252.0) | (325.0) | — | 0.6 | (1.2) | 17.6 | (0.2) | 19.2 | (9.9) | 82.7 | (102.5) |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | — | — | — | — | 24.5 | — | 17.6 | — | 19.2 | — | 82.7 | — |
| Investment Securities - Purchased - Unclassified - Cash Flow | — | 252.0 | 325.0 | — | 23.9 | — | — | 0.2 | — | 9.9 | — | 102.5 |
| Other Investing Cash Flow - Decrease/(Increase) | 21.2 | — | — | — | — | — | — | — | — | — | — | — |
| Net Cash Flow from Investing Activities | (507.4) | (779.5) | (1,558.2) | (685.5) | (1,140.6) | (350.5) | (238.5) | (215.5) | (487.8) | (213.3) | (221.5) | (273.0) |
| Dividends Paid - Cash - Total - Cash Flow | 30.0 | — | — | — | — | — | — | — | 9.4 | 9.6 | — | — |
| Dividends - Common - Cash Paid | — | — | — | — | — | — | — | — | — | 9.6 | — | — |
| Dividends - Preferred - Cash Paid | 30.0 | — | — | — | — | — | — | — | 9.4 | — | — | — |
| Stock - Total - Issuance/(Retirement) - Net - Cash Flow | — | 0.0 | — | — | 36.9 | (0.0) | (36.9) | — | — | — | — | — |
| Stock - Issuance/(Retirement) - Net - Excluding Options/Warrants - Cash Flow | — | 0.0 | — | — | 36.9 | (0.0) | (36.9) | — | — | — | — | — |
| Stock - Preferred - Issuance/(Retirement) - Net - Cash Flow | — | 0.0 | — | — | 36.9 | (0.0) | (36.9) | — | — | — | — | — |
| Stock - Preferred - Issued/Sold - Cash Flow | — | — | — | — | 36.9 | — | — | — | — | — | — | — |
| Stock - Preferred - Repurchased/Retired - Cash Flow | — | 0.0 | — | — | — | 0.0 | 36.9 | — | — | — | — | — |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | (222.9) | (57.5) | (530.6) | (54.0) | (218.3) | 18.2 | (71.4) | (115.4) | (138.4) | (111.7) | (172.2) | 424.7 |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | 30.9 | 22.7 | 2.8 | 51.4 | (38.9) | 125.8 | 55.8 | (19.9) | 5.4 | (1.9) | (63.3) | 530.2 |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (253.8) | (80.2) | (533.4) | (105.4) | (179.3) | (107.7) | (127.3) | (95.5) | (143.8) | (109.8) | (108.9) | (105.5) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (25.4) | (4.3) | — | — | (0.0) | 0.0 | 95.3 | (95.5) | (0.2) | (0.1) | 105.3 | (105.5) |
| Debt - Issued - Long-Term - Cash Flow | 1,128.2 | 11.3 | 252.3 | — | — | 0.0 | 95.3 | — | — | — | 105.3 | — |
| Lease liabilities - Issued - Cash flow | — | — | — | — | — | 0.0 | 95.3 | — | — | — | 105.3 | — |
| Debt - Reduced - Long-Term - Cash Flow | 1,382.0 | 91.4 | 785.7 | 105.4 | 179.3 | 107.7 | 222.5 | — | 143.8 | 109.8 | 214.2 | — |
| Lease liabilities - Reduced - Cash flow represents cash outflow due to the repayment of lease liability/debt of the company. It includes finance leases, capitalized lease, and hire-purchase agreement. Applicable to all industries. If Lease liability issue | 25.4 | 4.3 | — | — | 0.0 | — | — | — | 0.2 | 0.1 | — | — |
| Other Financing Cash Flow - Increase/(Decrease) | 172.9 | (27.4) | 9.4 | (9.4) | (58.7) | — | — | — | (44.4) | — | — | — |
| Net Cash Flow from Financing Activities | (80.0) | (84.9) | (521.2) | (63.4) | (240.1) | 18.2 | (108.4) | (115.4) | (192.2) | (121.3) | (172.2) | 424.7 |
| Foreign Exchange Effects - Cash Flow | (3.2) | 1.8 | (1.8) | — | 4.1 | — | — | — | (5.1) | — | — | — |
| Net Change in Cash - Total | (1,310.9) | 754.6 | (1,201.8) | (348.3) | (81.7) | 45.5 | 117.4 | (48.4) | 222.5 | (313.9) | 338.6 | (206.1) |
| Net Cash from Continuing Operations | (1,310.9) | 754.6 | (1,201.8) | (348.3) | (81.7) | 45.5 | 117.4 | (48.4) | 222.5 | (313.9) | 338.6 | (206.1) |
| Net Cash - Beginning Balance | 982.4 | 227.8 | 1,429.6 | 1,777.9 | 1,859.6 | 1,814.2 | 1,696.8 | 1,745.1 | 1,522.7 | 1,836.6 | 1,498.0 | 1,704.1 |
| Net Cash - Ending Balance | (328.5) | 982.4 | 227.8 | 1,429.6 | 1,777.9 | 1,859.6 | 1,814.2 | 1,696.8 | 1,745.1 | 1,522.7 | 1,836.6 | 1,498.0 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 478.3 | 322.3 | 232.8 | 215.7 | 190.6 | 221.8 | 209.1 | 253.2 | 125.6 | 115.1 | 117.0 | 103.0 |
| Interest Paid - Cash Flow - Supplemental | 107.0 | 37.1 | 201.5 | 31.5 | 115.7 | 32.0 | 194.4 | 122.2 | 119.6 | 122.3 | 110.9 | 63.5 |
| Interest on Financial Leases Paid - Cash Flow - Supplemental | 12.9 | — | — | — | 0.0 | — | — | — | 0.1 | — | — | — |
| Interest & Dividends - Received - Cash Flow - Supplemental | 0.1 | — | — | — | 0.6 | — | — | — | 28.5 | — | — | — |
| CF from Optg Activities before Change in WC & Int Payments | 953.8 | 386.0 | 671.6 | 542.4 | 976.5 | 596.1 | 446.5 | 415.1 | 813.0 | 526.8 | 443.9 | 711.0 |
| Free Cash Flow to Equity | (1,460.0) | 1,032.2 | (884.4) | (338.9) | (71.9) | 53.9 | 129.4 | (48.1) | 256.9 | (294.4) | 255.9 | (103.6) |
| Free Cash Flow Net of Dividends | (1,267.1) | 1,065.5 | (353.9) | (284.9) | 141.3 | 26.0 | 200.8 | 65.1 | 372.8 | (194.3) | 428.1 | (528.3) |
| Free Cash Flow | (1,237.1) | 1,065.5 | (353.9) | (284.9) | 141.3 | 26.0 | 200.8 | 65.1 | 382.2 | (184.7) | 428.1 | (528.3) |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 12 periods; the table above goes back further.