Last close · 16 Oct 2026
Rs 1,029.07 +0.00%
Quarterly · Q1 FY2022 – Q4 FY2026
Ghandhara Industries Limited (GHNI) quarterly cash flow statement
Operating activities generated Rs 3.4 bn of cash in Q4 FY2026 (Apr – Jun 2026), down 42.4% on Q4 FY2025, 116% of the starting profit. Capital expenditure was Rs 583.3 mn, leaving free cash flow of Rs 2.8 bn. Overall, cash increased by Rs 1.0 bn.
| 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 | 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) | 11.4 | 3.0 | 3.7 | 2.2 | 2.5 | 2.5 | 2.1 | 0.8 | 1.0 | 0.6 | 0.5 | (0.1) | 0.1 | (0.1) | 0.3 | 0.1 | 0.1 | (0.4) | 0.4 | 0.6 | 0.5 |
| Depreciation & amortisation | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 |
| Net cash from operating activities | 6.8 | 3.4 | 7.5 | (2.7) | (1.4) | 6.0 | 2.8 | 2.2 | (1.6) | 2.8 | 1.1 | (0.5) | 0.6 | 1.4 | 0.0 | 0.3 | (0.8) | 1.0 | (0.4) | (0.7) | (1.2) |
| Investing activities | |||||||||||||||||||||
| Capital expenditure | (1.6) | (0.6) | (0.4) | (0.4) | (0.2) | (0.4) | (0.2) | (0.1) | (0.2) | (0.0) | (0.0) | (0.1) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | (0.0) |
| Net cash from investing activities | (5.4) | (2.4) | (7.4) | 3.5 | 0.8 | (4.8) | (3.6) | (0.5) | (0.2) | (0.0) | (0.0) | (0.0) | 0.0 | 0.0 | (0.0) | (0.0) | (0.0) | (0.1) | 0.0 | (0.0) | (0.0) |
| Financing activities | |||||||||||||||||||||
| Dividends paid | — | — | 0.0 | (0.4) | (0.0) | (0.0) | (0.0) | (0.0) | — | (0.0) | 0.0 | (0.0) | — | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | (0.0) |
| Borrowings raised / (repaid) | (0.1) | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | (0.0) |
| Net cash from financing activities | (0.5) | (0.0) | (0.0) | (0.4) | (0.1) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | (0.0) |
| Net change in cash | 0.8 | 1.0 | 0.1 | 0.4 | (0.7) | 1.1 | (0.8) | 1.7 | (1.8) | 2.8 | 1.1 | (0.6) | 0.6 | 1.5 | (0.0) | 0.2 | (0.8) | 0.8 | (0.4) | (0.7) | (1.3) |
| Key figures | |||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | 5.2 | 2.8 | 7.0 | (3.1) | (1.6) | 5.6 | 2.6 | 2.0 | (1.8) | 2.8 | 1.0 | (0.6) | 0.6 | 1.4 | 0.0 | 0.3 | (0.8) | 0.9 | (0.4) | (0.7) | (1.2) |
| 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) | +17.4% | +73.6% | +177.1% | +153.6% | +352.1% | +322.3% | — | +708.5% | — | +80.6% | -271.0% | -3.2% | — | -23.5% | -89.4% | -76.0% | -256.5% | -24.1% | +336.8% | — |
| Depreciation & amortisation | -12.5% | +84.9% | +85.4% | +86.2% | +162.1% | +14.4% | +7.5% | -7.8% | -11.7% | +0.8% | -3.7% | -2.4% | -19.0% | +3.4% | -73.6% | -36.0% | -19.3% | -42.6% | +123.0% | -0.7% |
| Net cash from operating activities | -42.4% | +167.0% | -226.8% | — | +111.2% | +158.1% | — | -372.0% | +95.1% | +4,060.3% | -264.7% | — | +45.7% | — | — | — | +171.1% | -302.7% | -430.5% | -137.8% |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | +65.7% | +134.2% | +157.0% | +18.8% | +4,392.7% | +336.8% | +167.7% | +18,681.0% | — | +120.6% | +29.5% | -97.7% | -100.0% | +393.1% | +94.1% | +16.9% | +3,341.2% | -88.9% | -50.0% | +534.4% |
| Net cash from investing activities | — | — | — | — | — | — | — | -2,474.8% | -113.7% | — | — | — | — | -1,029.3% | — | — | -555.9% | — | — | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | — | -100.0% | +4,841,150.0% | — | +23,750.0% | — | +166.7% | — | — | -100.0% | — | — | — | — | -100.0% | -100.0% | -100.0% | -100.0% | +167.1% | -75.0% |
| Borrowings raised / (repaid) | — | -102.6% | — | — | — | -47.4% | — | — | — | — | — | — | — | — | — | — | — | — | -114.8% | — |
| Net cash from financing activities | — | -102.6% | — | — | — | -47.4% | — | — | — | — | — | — | — | — | — | — | — | — | -113.9% | — |
| Net change in cash | -8.5% | — | -77.9% | — | -59.7% | -173.7% | — | -403.3% | +88.8% | — | -340.6% | — | +80.5% | — | — | — | +145.6% | -442.4% | -284.3% | -139.0% |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | -49.2% | +169.3% | -252.9% | — | +99.2% | +150.8% | — | -399.3% | +94.6% | +15,200.3% | -306.6% | — | +66.9% | — | — | — | +139.1% | -350.2% | -523.5% | -138.8% |
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 56
| Rs bn | 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 | 3.0 | 3.7 | 2.2 | 2.5 | 2.5 | 2.1 | 0.8 | 1.0 | 0.6 | 0.5 | (0.1) | 0.1 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | (0.9) | 0.4 | (0.3) | 0.1 | (0.1) | 0.0 | (0.0) | (0.0) | (0.1) | 0.2 | 0.2 | 0.1 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | (0.0) | (0.0) | (0.0) | 0.0 | (0.0) | 0.0 | (0.0) | 0.0 | (0.1) | 0.0 | 0.1 | (0.0) |
| Financial Income/(Expense) - Cash Flow - to Reconcile | (0.0) | (0.0) | 0.0 | (0.0) | 0.0 | 0.0 | (0.0) | (0.1) | 0.1 | 0.1 | 0.1 | 0.1 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (0.9) | 0.2 | (0.2) | (0.0) | (0.1) | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) |
| Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile | (0.0) | 0.1 | (0.1) | — | (0.0) | 0.0 | (0.0) | — | — | — | — | — |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 1.9 | 1.2 | 0.8 | 0.4 | 0.8 | 0.2 | 0.1 | (0.1) | 0.1 | 0.1 | 0.0 | 0.1 |
| Interest Paid - Cash | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 |
| Interest & Dividends - Received - Total - Cash Flow | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 |
| Cash Flow from Operating Activities before Changes in Working Capital | 0.2 | 2.9 | 1.1 | 2.2 | 1.6 | 2.0 | 0.7 | 1.1 | 0.4 | 0.4 | (0.0) | 0.0 |
| Working Capital - Increase/(Decrease) - Cash Flow | 3.3 | 4.5 | (3.9) | (3.6) | 4.3 | 0.8 | 1.4 | (2.7) | 2.5 | 0.7 | (0.5) | 0.6 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | 0.3 | 0.2 | (0.4) | (1.7) | 1.0 | 0.1 | 0.4 | (0.6) | 0.8 | 1.1 | (0.3) | (0.9) |
| Inventories - Decrease/(Increase) - Cash Flow | (1.6) | 4.0 | (4.1) | (4.2) | 1.3 | (0.9) | (1.7) | (0.7) | 0.2 | (0.5) | (0.1) | (0.0) |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | (1.2) | 0.8 | (0.2) | (0.2) | (1.8) | 0.3 | 0.4 | (0.8) | (0.3) | (0.1) | (0.4) | 0.9 |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 7.3 | (2.0) | 1.5 | 1.7 | 3.8 | 1.3 | 2.4 | (0.7) | 1.8 | 0.1 | 0.3 | 0.6 |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | (1.4) | 1.4 | (0.8) | 0.8 | — | — | — | — | — | — | — | — |
| Net Cash Flow from Operating Activities | 3.4 | 7.5 | (2.7) | (1.4) | 6.0 | 2.8 | 2.2 | (1.6) | 2.8 | 1.1 | (0.5) | 0.6 |
| Capital Expenditures - Net - Cash Flow | 0.4 | 0.4 | 0.3 | 0.2 | 0.4 | 0.2 | 0.1 | 0.2 | 0.0 | 0.0 | 0.0 | (0.0) |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 0.4 | 0.4 | 0.3 | 0.2 | 0.4 | 0.2 | 0.1 | 0.2 | 0.0 | 0.0 | 0.0 | (0.0) |
| Property, Plant & Equipment - Purchased - Cash Flow | 0.6 | 0.4 | 0.4 | 0.2 | 0.4 | 0.2 | 0.1 | 0.2 | 0.0 | 0.0 | 0.1 | 0.0 |
| Property, Plant & Equipment Sold - Cash Flow | 0.2 | — | 0.1 | — | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | 0.0 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | 0.0 | — | — | — | — | — | — | — | — | — | — | — |
| Intangible Assets - Purchased/Acquired - Cash Flow | 0.0 | — | — | — | — | — | — | — | — | — | — | — |
| Capital Expenditures - Total | 0.6 | 0.4 | 0.4 | 0.2 | 0.4 | 0.2 | 0.1 | 0.2 | 0.0 | 0.0 | 0.1 | 0.0 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | (2.0) | (6.9) | 3.8 | 1.0 | (4.5) | (3.4) | (0.3) | — | — | — | — | — |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | (2.0) | (6.9) | 3.8 | 1.0 | (4.5) | (3.4) | (0.3) | — | — | — | — | — |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | 64.2 | 13.9 | 20.9 | 1.0 | 16.8 | — | 0.2 | — | — | — | — | — |
| Investment Securities - Purchased - Unclassified - Cash Flow | 66.2 | 20.9 | 17.1 | — | 21.2 | 3.4 | 0.5 | — | — | — | — | — |
| Other Investing Cash Flow - Decrease/(Increase) | (0.0) | — | — | — | — | — | — | — | — | — | — | — |
| Net Cash Flow from Investing Activities | (2.4) | (7.4) | 3.5 | 0.8 | (4.8) | (3.6) | (0.5) | (0.2) | (0.0) | (0.0) | (0.0) | 0.0 |
| Dividends Paid - Cash - Total - Cash Flow | — | 0.0 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | — |
| Dividends - Common - Cash Paid | — | 0.0 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | — |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) |
| Debt - Issued - Long-Term - Cash Flow | — | — | — | — | — | — | — | — | — | 0.0 | — | — |
| Lease liabilities - Issued - Cash flow | — | — | — | — | — | — | — | — | — | 0.0 | — | — |
| Debt - Reduced - Long-Term - Cash Flow | — | — | — | — | — | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 |
| 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 | — | — | — | — | — | — | — | — | 0.0 | — | 0.0 | 0.0 |
| Other Financing Cash Flow - Increase/(Decrease) | 0.0 | — | — | — | — | — | — | — | — | — | — | 0.0 |
| Net Cash Flow from Financing Activities | (0.0) | (0.0) | (0.4) | (0.1) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) |
| Net Change in Cash - Total | 1.0 | 0.1 | 0.4 | (0.7) | 1.1 | (0.8) | 1.7 | (1.8) | 2.8 | 1.1 | (0.6) | 0.6 |
| Net Cash from Continuing Operations | 1.0 | 0.1 | 0.4 | (0.7) | 1.1 | (0.8) | 1.7 | (1.8) | 2.8 | 1.1 | (0.6) | 0.6 |
| Net Cash - Beginning Balance | 1.0 | 0.9 | 0.0 | 1.2 | 0.1 | 0.9 | (0.8) | 1.0 | (1.8) | (2.9) | (2.3) | (2.9) |
| Net Cash - Ending Balance | 2.0 | 1.0 | 0.4 | 0.5 | 1.2 | 0.1 | 0.9 | (0.8) | 1.0 | (1.8) | (2.9) | (2.3) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 1.9 | 1.2 | 0.8 | 0.4 | 0.8 | 0.2 | 0.1 | (0.1) | 0.1 | 0.1 | 0.0 | 0.1 |
| Interest Paid - Cash Flow - Supplemental | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.2 | 0.1 | 0.2 |
| Interest & Dividends - Received - Cash Flow - Supplemental | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 |
| CF from Optg Activities before Change in WC & Int Payments | 0.2 | 2.9 | 1.2 | 2.2 | 1.6 | 2.0 | 0.7 | 1.2 | 0.5 | 0.6 | 0.1 | 0.2 |
| Depreciation, Depletion & Amortization - Cash Flow | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Free Cash Flow to Equity | 3.0 | 7.0 | (3.0) | (1.7) | 5.6 | 2.6 | 2.0 | (1.8) | 2.8 | 1.1 | (0.6) | 0.6 |
| Free Cash Flow Net of Dividends | 2.8 | 7.0 | (3.5) | (1.6) | 5.6 | 2.6 | 2.0 | (1.8) | 2.8 | 1.0 | (0.6) | 0.6 |
| Free Cash Flow | 2.8 | 7.0 | (3.1) | (1.6) | 5.6 | 2.6 | 2.0 | (1.8) | 2.8 | 1.0 | (0.6) | 0.6 |
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.