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GEMPACRA The Pakistan Credit Rating Agency Ltd

Latest results: FY2026 · Jun 2026

Last close · 14 Oct 2026

Rs 43.33 0.00%

Financials

The Pakistan Credit Rating Agency Ltd (GEMPACRA) financials

3 years of annual results (FY2024 – FY2026), 7 quarters.

The Pakistan Credit Rating Agency Ltd (GEMPACRA) reported revenue of Rs 538.1 mn for FY2026 (Jul 2025 – Jun 2026), up 10.4% from FY2025.

Profit attributable to shareholders was Rs 133.1 mn (EPS Rs 1.79), up 18.0%, a net margin of 24.7%.

No cash dividend was declared for FY2026.

The balance sheet showed net cash of Rs 198.4 mn.

Return on equity was 58.6%.

At Rs 43.33 (close on 14 Oct 2026) the shares trade at 24.3× earnings (FY2026) and 10.99× book value.

Fundamentals

GEMPACRA at a glance

Revenue · FY2026

Rs 538.1 mn

▲ 10.4% year on year

Profit attributable to shareholders · FY2026

Rs 133.1 mn

▲ 18.0% year on year

EPS – basic (Rs) · FY2026

Rs 1.79

▲ 18.0% year on year

Dividend per share (Rs) · FY2026

Rs 0.00

Net margin · FY2026

24.7%

+1.6 pts year on year

Debt to equity · FY2026

6.5%

-9.8 pts year on year

Financial statements

Income statement

Revenue, costs, profit and earnings per share.

Revenue · FY2026
Rs 538.1 mn
Profit attributable · FY2026
Rs 133.1 mn

Balance sheet

Assets, liabilities, debt and shareholders' equity.

Total assets · FY2026
Rs 449.9 mn
Equity · FY2026
Rs 293.8 mn

Cash flow

Cash from operations, investment, financing and free cash flow.

Operating cash flow · FY2026
Rs 103.7 mn
Free cash flow · FY2026
Rs 98.4 mn

Financial highlights

GEMPACRA financial results

GEMPACRA annual financial highlights (Rs mn)
Rs mn FY2026 Jul 2025 – Jun 2026 FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024
Revenue 538.1 487.4 440.9
Gross profit 538.1 487.4 440.9
Operating profit 204.0 164.5 149.8
Profit after tax 133.1 112.8 103.8
Profit attributable to shareholders 133.1 112.8 103.8
EPS – basic (Rs) Rs 1.79 1.51 1.39
Dividend per share (Rs) Rs 0.00 0.00 0.00
Total assets 449.9 360.4 296.0
Total equity 293.8 160.6 145.5
Total debt 19.1 26.2 8.2
Net cash from operating activities 103.7 142.2 98.0
Capital expenditure (5.3) (1.6) (3.9)
Free cash flow (operating cash flow − capex) 98.4 140.6 94.1
GEMPACRA quarterly financial highlights (Rs mn)
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 Q2 FY2025 Oct – Dec 2024 Q1 FY2025 Jul – Sep 2024
Revenue 538.1 149.7 123.2 149.0 116.1 — 115.0 122.6
Gross profit 538.1 149.7 123.2 149.0 116.1 — 115.0 122.6
Operating profit 203.9 69.1 39.9 59.3 35.6 — 35.3 44.6
Profit after tax 133.1 39.9 22.1 43.9 27.2 — 27.3 29.4
Profit attributable to shareholders 133.1 39.9 22.1 43.9 27.2 — 27.3 29.4
EPS – basic (Rs) Rs 1.79 0.54 0.30 0.59 0.37 — 0.37 0.39
Dividend per share (Rs) Rs 0.00 0.00 0.00 0.00 0.00 — 0.00 0.00
Total assets 449.9 449.9 451.0 436.2 395.1 — — —
Total equity 293.8 293.8 253.8 231.8 187.8 — — —
Total debt 19.1 19.1 20.1 22.8 24.5 — — —
Net cash from operating activities 103.7 62.2 22.0 32.1 (12.7) — 50.7 (10.3)
Capital expenditure (5.5) (0.4) (4.1) (1.0) 0.0 — (0.8) (0.4)
Free cash flow (operating cash flow − capex) 98.2 61.8 18.0 31.1 (12.7) — 49.8 (10.7)

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.

GEMPACRA charts

Revenue and profit Revenue Profit attributable
Revenue and profit Rs 538 mn Revenue FY24: Rs 440.9 mn Profit attributable FY24: Rs 103.8 mn FY24 Revenue FY25: Rs 487.4 mn Profit attributable FY25: Rs 112.8 mn FY25 Revenue FY26: Rs 538.1 mn Profit attributable FY26: Rs 133.1 mn FY26
Margins Gross margin Operating margin Net margin
Margins 108% 54% 0% Gross margin FY24: 100.0% Gross margin FY25: 100.0% Gross margin FY26: 100.0% Operating margin FY24: 34.0% Operating margin FY25: 33.7% Operating margin FY26: 37.9% Net margin FY24: 23.5% Net margin FY25: 23.1% Net margin FY26: 24.7% FY24 FY25 FY26
Cash flow Operating cash flow Capex Free cash flow
Cash flow Rs 142 mn -Rs 5 mn Operating cash flow FY24: Rs 98.0 mn Capex FY24: -Rs 3.9 mn Free cash flow FY24: Rs 94.1 mn FY24 Operating cash flow FY25: Rs 142.2 mn Capex FY25: -Rs 1.6 mn Free cash flow FY25: Rs 140.6 mn FY25 Operating cash flow FY26: Rs 103.7 mn Capex FY26: -Rs 5.3 mn Free cash flow FY26: Rs 98.4 mn FY26