FLYNG Flying Cement Company Limited
Latest results: FY2025 · Jun 2025 Q3 FY2026 · Jan – Mar 2026
Last close · 16 Oct 2026
Rs 32.67 -0.24%
Financials
Flying Cement Company Limited (FLYNG) financials
20 years of annual results (FY2006 – FY2025), 75 quarters.
Flying Cement Company Limited (FLYNG) reported revenue of Rs 11.2 bn for FY2025 (Jul 2024 – Jun 2025), up 148.0% from FY2024.
Profit attributable to shareholders was Rs 638.5 mn (EPS Rs 0.92), up 1,141.0%, a net margin of 5.7%.
No cash dividend was declared for FY2025.
Net debt stood at Rs 4.7 bn.
Return on equity was 5.2%.
Over the last five years revenue grew at a compound 59.7% a year.
At Rs 32.67 (close on 16 Oct 2026) the shares trade at 25.6× earnings (TTM to Mar 2026) and 1.76× book value.
Fundamentals
FLYNG at a glance
Revenue · FY2025
Rs 11.2 bn
▲ 148.0% year on year
Profit attributable to shareholders · FY2025
Rs 638.5 mn
▲ 1,141.0% year on year
EPS – basic (Rs) · FY2025
Rs 0.92
▲ 1,140.9% year on year
Dividend per share (Rs) · FY2025
Rs 0.00
Net margin · FY2025
5.7%
+4.6 pts year on year
Debt to equity · FY2025
41.0%
-10.0 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 11.2 bn
- Profit attributable · FY2025
- Rs 638.5 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 28.2 bn
- Equity · FY2025
- Rs 12.3 bn
Financial highlights
FLYNG financial results
| Rs bn | 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 | FY2016 * Jul 2015 – Jun 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.2 | 4.5 | 4.2 | 5.3 | 3.2 | 1.1 | 3.3 | 2.9 | 2.5 | 2.5 |
| Gross profit | 1.7 | 0.3 | 0.6 | 0.9 | 0.3 | (0.5) | 0.2 | 0.3 | 0.2 | 0.2 |
| Operating profit | 1.2 | 0.2 | 0.4 | 0.7 | 0.2 | (0.5) | 0.1 | 0.2 | 0.1 | 0.1 |
| Profit after tax | 0.6 | 0.1 | 0.3 | 0.9 | 0.1 | (0.5) | 0.1 | 0.2 | 0.2 | 0.1 |
| Profit attributable to shareholders | 0.6 | 0.1 | 0.3 | 0.9 | 0.1 | (0.5) | 0.1 | 0.2 | 0.2 | 0.1 |
| EPS – basic (Rs) Rs | 0.92 | 0.07 | 0.39 | 1.33 | 0.34 | (2.12) | 0.57 | 0.73 | 0.64 | 0.58 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 28.2 | 25.4 | 23.0 | 20.2 | 18.3 | 16.3 | 13.5 | 9.8 | 7.2 | 6.3 |
| Total equity | 12.3 | 12.3 | 12.3 | 12.0 | 9.0 | 8.2 | 8.2 | 5.4 | 3.7 | 3.6 |
| Total debt | 5.1 | 6.3 | 6.3 | 5.1 | 6.2 | 5.4 | 2.6 | 2.0 | 1.1 | 0.5 |
| Net cash from operating activities | 3.7 | 2.2 | 1.8 | 1.5 | 1.4 | (1.0) | 1.3 | (1.2) | (0.3) | 0.1 |
| Capital expenditure | (1.8) | (2.2) | (2.9) | (2.7) | (2.8) | (2.2) | (2.0) | (1.1) | (0.5) | (0.2) |
| Free cash flow (operating cash flow − capex) | 1.9 | 0.1 | (1.1) | (1.2) | (1.3) | (3.2) | (0.7) | (2.3) | (0.7) | (0.1) |
| Rs bn | TTM to Mar 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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 15.0 | 3.5 | 3.5 | 3.5 | 4.5 | 2.8 | 2.4 | 1.5 | 1.0 |
| Gross profit | 2.4 | 0.4 | 0.5 | 0.6 | 0.9 | 0.3 | 0.4 | 0.1 | (0.2) |
| Operating profit | 2.0 | 0.4 | 0.5 | 0.5 | 0.6 | 0.3 | 0.3 | 0.1 | (0.2) |
| Profit after tax | 0.9 | 0.2 | 0.2 | 0.1 | 0.4 | 0.2 | 0.1 | 0.0 | (0.2) |
| Profit attributable to shareholders | 0.9 | 0.2 | 0.2 | 0.1 | 0.4 | 0.2 | 0.1 | 0.0 | (0.2) |
| EPS – basic (Rs) Rs | 1.28 | 0.29 | 0.29 | 0.19 | 0.51 | 0.28 | 0.08 | 0.03 | (0.29) |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 30.1 | 30.1 | 29.2 | 27.9 | 28.2 | 27.2 | 27.5 | 26.2 | 25.4 |
| Total equity | 12.9 | 12.9 | 12.7 | 12.5 | 12.3 | 12.6 | 12.9 | 12.8 | 12.3 |
| Total debt | 5.1 | 5.1 | 4.8 | 5.0 | 5.1 | 5.1 | 5.2 | 5.6 | 6.3 |
| Net cash from operating activities | 0.6 | (0.4) | 0.5 | (0.2) | 0.7 | 0.7 | 1.8 | 0.5 | 0.4 |
| Capital expenditure | — | — | (0.0) | (0.0) | (0.1) | (0.1) | (1.3) | (0.3) | (0.2) |
| Free cash flow (operating cash flow − capex) | — | — | 0.4 | (0.3) | 0.7 | 0.6 | 0.5 | 0.2 | 0.2 |
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.