HALEON Haleon Pakistan Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 684.36 +0.88%
Quarterly · Q3 FY2021 – Q2 FY2026
Haleon Pakistan Limited (HALEON) quarterly cash flow statement
Operating activities generated -Rs 26.6 mn of cash in Q2 FY2026 (Apr – Jun 2026), down 102.8% on Q2 FY2025, -1% of the starting profit. Capital expenditure was Rs 327.4 mn, leaving free cash flow of -Rs 354.1 mn. Dividends paid to shareholders came to Rs 235.8 mn. Overall, cash decreased by Rs 92.9 mn.
| Rs bn | TTM to Jun 2026 | Q2 FY2026 Apr – Jun 2026 | Q1 FY2026 Jan – Mar 2026 | Q4 FY2025 Oct – Dec 2025 | Q3 FY2025 Jul – Sep 2025 | Q2 FY2025 Apr – Jun 2025 | Q1 FY2025 Jan – Mar 2025 | Q4 FY2024 Oct – Dec 2024 | Q3 FY2024 Jul – Sep 2024 | Q2 FY2024 Apr – Jun 2024 | Q1 FY2024 Jan – Mar 2024 | Q4 FY2023 Oct – Dec 2023 | Q3 FY2023 Jul – Sep 2023 | Q2 FY2023 Apr – Jun 2023 | Q1 FY2023 Jan – Mar 2023 | Q4 FY2022 Oct – Dec 2022 | Q3 FY2022 Jul – Sep 2022 | Q2 FY2022 Apr – Jun 2022 | Q1 FY2022 Jan – Mar 2022 | Q4 FY2021 Oct – Dec 2021 | Q3 FY2021 Jul – Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | 10.8 | 2.7 | 2.4 | 3.1 | 2.7 | 2.8 | 2.2 | 2.2 | 2.2 | 2.1 | 1.1 | 0.6 | 0.5 | 0.3 | 0.5 | 0.6 | (0.5) | 0.1 | 0.8 | 0.7 | 0.5 |
| Depreciation & amortisation | 0.7 | 0.2 | 0.2 | 0.2 | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Net cash from operating activities | 3.9 | (0.0) | 0.3 | 3.3 | 0.3 | 1.0 | 1.7 | 2.3 | 1.8 | 3.6 | 0.1 | 2.3 | 1.1 | (0.4) | (0.4) | 2.4 | 0.3 | (1.7) | 0.2 | 0.5 | 0.8 |
| Investing activities | |||||||||||||||||||||
| Capital expenditure | (2.3) | (0.3) | (0.4) | (1.1) | (0.4) | (0.4) | (0.1) | (1.5) | (0.6) | (0.3) | (0.8) | (0.7) | (0.3) | (0.4) | (0.3) | (0.3) | (0.0) | (0.1) | (0.1) | (0.3) | (0.1) |
| Net cash from investing activities | (2.6) | 0.2 | (0.9) | (1.6) | (0.4) | (0.4) | (0.1) | (1.5) | (0.5) | (0.3) | (0.8) | (0.7) | (0.3) | (0.4) | (0.3) | (0.3) | (0.0) | (0.1) | (0.0) | (0.3) | (0.1) |
| Financing activities | |||||||||||||||||||||
| Dividends paid | (2.0) | (0.2) | (0.0) | (0.6) | (1.2) | (1.5) | (0.2) | (2.1) | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | 0.0 | (0.4) | (0.0) | (0.0) |
| Borrowings raised / (repaid) | (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) | (0.0) | (0.0) | — | 0.0 | 0.0 | (0.0) | 0.0 |
| Net cash from financing activities | (2.0) | (0.2) | (0.0) | (0.6) | (1.2) | (1.5) | (0.2) | (2.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | 0.0 | (0.4) | (0.0) | (0.0) |
| Net change in cash | (0.8) | (0.1) | (0.6) | 1.2 | (1.3) | (1.0) | 1.4 | (1.3) | 1.3 | 3.3 | (0.7) | 1.6 | 0.7 | (0.8) | (0.7) | 2.1 | 0.3 | (1.8) | (0.2) | 0.2 | 0.7 |
| Key figures | |||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | 1.6 | (0.4) | (0.1) | 2.2 | (0.1) | 0.6 | 1.6 | 0.7 | 1.3 | 3.3 | (0.7) | 1.6 | 0.7 | (0.8) | (0.7) | 2.1 | 0.3 | (1.8) | 0.1 | 0.2 | 0.7 |
| Rs mn | Q2 FY2026 Apr – Jun 2026 | Q1 FY2026 Jan – Mar 2026 | Q4 FY2025 Oct – Dec 2025 | Q3 FY2025 Jul – Sep 2025 | Q2 FY2025 Apr – Jun 2025 | Q1 FY2025 Jan – Mar 2025 | Q4 FY2024 Oct – Dec 2024 | Q3 FY2024 Jul – Sep 2024 | Q2 FY2024 Apr – Jun 2024 | Q1 FY2024 Jan – Mar 2024 | Q4 FY2023 Oct – Dec 2023 | Q3 FY2023 Jul – Sep 2023 | Q2 FY2023 Apr – Jun 2023 | Q1 FY2023 Jan – Mar 2023 | Q4 FY2022 Oct – Dec 2022 | Q3 FY2022 Jul – Sep 2022 | Q2 FY2022 Apr – Jun 2022 | Q1 FY2022 Jan – Mar 2022 | Q4 FY2021 Oct – Dec 2021 | Q3 FY2021 Jul – Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | -3.3% | +11.0% | +39.8% | +19.4% | +32.1% | +93.4% | +263.8% | +332.5% | +710.4% | +138.7% | +3.8% | — | +117.1% | -41.6% | -16.7% | -198.2% | -86.9% | -10.6% | +77.3% | +21.2% |
| Depreciation & amortisation | +25.2% | +13.2% | +14.5% | +19.9% | +4.8% | +13.9% | +12.0% | +23.9% | +25.7% | +41.1% | +29.9% | +40.5% | +35.5% | +14.7% | +20.7% | +4.0% | +7.4% | +8.7% | +20.9% | +9.6% |
| Net cash from operating activities | -102.8% | -84.4% | +45.6% | -83.6% | -73.2% | +1,890.6% | +0.0% | +71.2% | — | — | -4.8% | +248.0% | — | -283.5% | +395.2% | -64.1% | -451.2% | — | -78.7% | +292.1% |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | -16.7% | +441.8% | -25.4% | -29.3% | +24.6% | -90.3% | +110.6% | +74.9% | -23.7% | +137.2% | +141.7% | +743.9% | +321.5% | +401.6% | -4.0% | -62.3% | +111.3% | -20.7% | -41.9% | -47.0% |
| Net cash from investing activities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | -84.6% | -99.8% | -72.1% | — | +193,624.8% | +1,970,209.1% | +675,539.2% | -100.0% | — | -87.5% | +12.0% | -53.4% | — | -100.0% | +53.3% | -83.1% | -100.0% | — | +65.8% | +28.4% |
| Borrowings raised / (repaid) | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net cash from financing activities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Net change in cash | — | -143.3% | — | -195.0% | -129.4% | — | -183.8% | +79.2% | — | — | -25.9% | +171.8% | — | — | +1,111.9% | -63.5% | -592.2% | — | -90.0% | +2,505.5% |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | -162.3% | -108.7% | +191.5% | -107.6% | -82.6% | — | -51.9% | +69.6% | — | — | -25.9% | +177.8% | — | -620.1% | +1,133.6% | -64.3% | -511.4% | — | -90.2% | +2,618.7% |
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 44
| Rs mn | Q2 FY2026 Apr – Jun 2026 | Q1 FY2026 Jan – Mar 2026 | Q4 FY2025 Oct – Dec 2025 | Q3 FY2025 Jul – Sep 2025 | Q2 FY2025 Apr – Jun 2025 | Q1 FY2025 Jan – Mar 2025 | Q4 FY2024 Oct – Dec 2024 | Q3 FY2024 Jul – Sep 2024 | Q2 FY2024 Apr – Jun 2024 | Q1 FY2024 Jan – Mar 2024 | Q4 FY2023 Oct – Dec 2023 | Q3 FY2023 Jul – Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 2,673.2 | 2,398.6 | 3,062.7 | 2,672.3 | 2,763.2 | 2,161.4 | 2,190.9 | 2,238.8 | 2,091.5 | 1,117.5 | 602.3 | 517.7 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 72.2 | 70.5 | (37.4) | 77.5 | 100.4 | 25.4 | (203.8) | (41.7) | (87.6) | 75.5 | 52.6 | (87.5) |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 50.1 | 63.5 | (47.9) | 50.7 | 142.1 | 94.7 | (84.4) | 144.2 | (0.5) | 112.2 | 73.3 | (104.2) |
| Financial Income/(Expense) - Cash Flow - to Reconcile | (144.5) | (154.5) | (157.9) | (134.6) | (176.9) | (200.0) | (248.5) | (335.0) | (215.9) | (159.6) | (150.7) | (87.1) |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 174.5 | 162.3 | 164.6 | 162.8 | 139.3 | 143.4 | 143.8 | 135.8 | 133.0 | 125.9 | 128.4 | 109.6 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 174.5 | 162.3 | 164.6 | 162.8 | 139.3 | 143.4 | 143.8 | 135.8 | 133.0 | 125.9 | 128.4 | 109.6 |
| Impairment - Property, Plant & Equipment including Intangible Assets - Cash Flow - to Reconcile | — | — | — | — | — | — | — | — | — | — | 0.0 | 0.0 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (7.8) | (0.9) | 3.8 | (1.4) | (4.1) | (12.7) | (14.7) | 13.3 | (4.1) | (3.1) | 1.6 | (5.7) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 1,729.7 | 763.3 | 1,052.3 | 990.0 | 1,334.3 | 1,227.6 | 733.9 | 573.0 | 155.8 | 280.2 | 122.3 | 255.2 |
| Interest & Dividends - Received - Total - Cash Flow | 238.0 | 73.9 | 242.7 | 98.4 | 298.7 | 70.2 | 264.0 | 349.2 | 239.0 | 173.9 | 138.4 | 95.5 |
| Cash Flow from Operating Activities before Changes in Working Capital | 1,253.7 | 1,779.6 | 2,215.7 | 1,858.2 | 1,828.1 | 1,029.4 | 1,517.3 | 1,973.3 | 2,087.1 | 1,086.6 | 671.0 | 270.5 |
| Working Capital - Increase/(Decrease) - Cash Flow | (1,280.4) | (1,515.0) | 1,119.1 | (1,561.4) | (866.9) | 671.4 | 773.2 | (167.2) | 1,495.0 | (1,001.2) | 1,618.7 | 784.5 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | 243.0 | (61.9) | (251.1) | (86.1) | 257.0 | (102.1) | 50.0 | 91.8 | 12.0 | (438.1) | 586.5 | (237.1) |
| Inventories - Decrease/(Increase) - Cash Flow | (866.6) | (2,698.5) | 592.4 | (917.8) | (1,379.3) | (1,188.8) | 1,744.2 | (493.0) | 1,220.7 | (2,233.2) | 1,181.7 | 678.8 |
| Other Assets - Decrease/(Increase) - Cash Flow | 22.7 | (9.4) | (52.3) | 9.6 | 22.4 | 2.8 | (2.5) | 32.0 | (20.7) | 10.0 | (54.6) | 64.1 |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | (679.4) | 1,255.0 | 798.5 | (567.1) | 233.1 | 1,959.5 | (1,091.2) | 203.0 | 283.0 | 1,660.1 | (94.8) | 278.7 |
| Other Assets & Liabilities - Increase/(Decrease) - Net - Cash Flow | — | — | 31.5 | — | — | — | 72.7 | (1.0) | — | — | — | — |
| Net Cash Flow from Operating Activities | (26.6) | 264.6 | 3,334.8 | 296.8 | 961.2 | 1,700.8 | 2,290.5 | 1,806.2 | 3,582.2 | 85.4 | 2,289.7 | 1,055.0 |
| Capital Expenditures - Net - Cash Flow | 305.6 | 378.8 | 1,087.7 | 383.6 | 380.7 | 50.1 | 1,495.0 | 467.0 | 303.8 | 767.7 | 720.7 | 303.6 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 305.6 | 378.8 | 1,087.7 | 383.6 | 380.7 | 50.1 | 1,495.0 | 467.0 | 303.8 | 767.7 | 720.7 | 303.6 |
| Property, Plant & Equipment - Purchased - Cash Flow | 327.4 | 405.7 | 1,149.0 | 392.0 | 393.1 | 74.9 | 1,540.5 | 554.8 | 315.6 | 774.9 | 731.6 | 317.2 |
| Property, Plant & Equipment Sold - Cash Flow | 21.9 | 26.9 | 61.3 | 8.4 | 12.4 | 24.8 | 45.5 | 87.8 | 11.8 | 7.3 | 10.9 | 13.5 |
| Capital Expenditures - Total | 327.4 | 405.7 | 1,149.0 | 392.0 | 393.1 | 74.9 | 1,540.5 | 554.8 | 315.6 | 774.9 | 731.6 | 317.2 |
| Other Investing Cash Flow - Decrease/(Increase) | 488.2 | (488.8) | (473.8) | — | — | — | — | — | — | — | — | — |
| Net Cash Flow from Investing Activities | 182.6 | (867.6) | (1,561.5) | (383.6) | (380.7) | (50.1) | (1,495.0) | (467.0) | (303.8) | (767.7) | (720.7) | (303.6) |
| Dividends Paid - Cash - Total - Cash Flow | 235.8 | 0.4 | 582.4 | 1,163.1 | 1,528.5 | 216.7 | 2,087.7 | 0.0 | 0.8 | 0.0 | 0.3 | 0.1 |
| Dividends - Common - Cash Paid | 235.8 | 0.4 | 582.4 | 1,163.1 | 1,528.5 | 216.7 | 2,087.7 | 0.0 | 0.8 | 0.0 | 0.3 | 0.1 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | (13.0) | (12.0) | (12.6) | (12.6) | (11.8) | (11.5) | (13.6) | (10.9) | (10.2) | (9.9) | (9.9) | (9.9) |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (13.0) | (12.0) | (12.6) | (12.6) | (11.8) | (11.5) | (13.6) | (10.9) | (10.2) | (9.9) | (9.9) | (9.9) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (13.0) | (12.0) | (12.6) | (12.6) | (11.8) | (11.5) | (13.6) | (10.9) | (10.2) | (9.9) | (9.9) | (9.9) |
| Debt - Reduced - Long-Term - Cash Flow | 13.0 | 12.0 | 12.6 | 12.6 | 11.8 | 11.5 | 13.6 | 10.9 | 10.2 | 9.9 | 9.9 | 9.9 |
| 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 | 13.0 | 12.0 | 12.6 | 12.6 | 11.8 | 11.5 | 13.6 | 10.9 | 10.2 | 9.9 | 9.9 | 9.9 |
| Net Cash Flow from Financing Activities | (248.9) | (12.4) | (595.0) | (1,175.7) | (1,540.3) | (228.2) | (2,101.4) | (10.9) | (11.0) | (9.9) | (10.2) | (10.0) |
| Net Change in Cash - Total | (92.9) | (615.4) | 1,178.4 | (1,262.4) | (959.8) | 1,422.4 | (1,305.8) | 1,328.3 | 3,267.4 | (692.1) | 1,558.8 | 741.3 |
| Net Cash from Continuing Operations | (92.9) | (615.4) | 1,178.4 | (1,262.4) | (959.8) | 1,422.4 | (1,305.8) | 1,328.3 | 3,267.4 | (692.1) | 1,558.8 | 741.3 |
| Net Cash - Beginning Balance | 6,543.2 | 7,158.6 | 5,980.2 | 7,242.7 | 8,202.4 | 6,780.0 | 8,085.8 | 6,757.6 | 3,589.7 | 4,281.8 | 2,723.0 | 1,981.7 |
| Net Cash - Ending Balance | 6,450.3 | 6,543.2 | 7,158.6 | 5,980.2 | 7,242.7 | 8,202.4 | 6,780.0 | 8,085.8 | 6,857.1 | 3,589.7 | 4,281.8 | 2,723.0 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 1,729.7 | 763.3 | 1,052.3 | 990.0 | 1,334.3 | 1,227.6 | 733.9 | 573.0 | 155.8 | 280.2 | 122.3 | 255.2 |
| Interest & Dividends - Received - Cash Flow - Supplemental | 238.0 | 73.9 | 242.7 | 98.4 | 298.7 | 70.2 | 264.0 | 349.2 | 239.0 | 173.9 | 138.4 | 95.5 |
| CF from Optg Activities before Change in WC & Int Payments | 1,253.7 | 1,779.6 | 2,215.7 | 1,858.2 | 1,828.1 | 1,029.4 | 1,517.3 | 1,973.3 | 2,087.1 | 1,086.6 | 671.0 | 270.5 |
| Depreciation, Depletion & Amortization - Cash Flow | 174.5 | 162.3 | 164.6 | 162.8 | 139.3 | 143.4 | 143.8 | 135.8 | 133.0 | 125.9 | 128.4 | 109.6 |
| Free Cash Flow to Equity | (345.2) | (126.3) | 2,234.5 | (99.3) | 568.7 | 1,639.2 | 781.9 | 1,328.3 | 3,268.2 | (692.1) | 1,559.2 | 741.4 |
| Free Cash Flow Net of Dividends | (589.9) | (141.5) | 1,603.5 | (1,258.2) | (960.4) | 1,409.2 | (1,337.7) | 1,251.4 | 3,265.8 | (689.5) | 1,557.8 | 737.7 |
| Free Cash Flow | (354.1) | (141.1) | 2,185.8 | (95.1) | 568.1 | 1,625.9 | 750.0 | 1,251.4 | 3,266.6 | (689.5) | 1,558.1 | 737.8 |
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.