Last close · 16 Oct 2026
Rs 130.00 -0.01%
Quarterly · Q1 FY2022 – Q4 FY2026
Ittehad Chemicals Limted (ICL) quarterly cash flow statement
Operating activities generated -Rs 861.0 mn of cash in Q4 FY2026 (Apr – Jun 2026), -103% of the starting profit. Capital expenditure was Rs 1.8 bn, leaving free cash flow of -Rs 2.7 bn. Dividends paid to shareholders came to Rs 3.3 mn. Overall, cash decreased by Rs 1.1 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) | 2,514.1 | 839.1 | 460.3 | 650.0 | 564.7 | 613.0 | 517.7 | 586.2 | 499.0 | 599.4 | 493.5 | 394.5 | 881.9 | 869.3 | 813.5 | 847.8 | 149.4 | 225.6 | 271.7 | 267.0 | (0.3) |
| Depreciation & amortisation | 740.7 | 199.6 | 185.9 | 183.0 | 172.1 | 201.0 | 196.3 | 188.9 | 181.8 | 198.4 | 173.1 | 166.4 | 151.0 | 160.9 | 154.9 | 154.3 | 150.8 | 154.6 | 121.4 | 120.0 | 119.3 |
| Net cash from operating activities | 951.5 | (861.0) | 415.3 | 362.7 | 1,034.5 | (404.8) | 617.0 | 379.8 | 394.7 | (641.5) | 1,131.1 | 60.0 | (663.0) | 107.1 | 1,575.4 | 1,564.5 | (354.2) | (866.6) | 1,255.4 | (714.8) | 553.9 |
| Investing activities | |||||||||||||||||||||
| Capital expenditure | (4,665.5) | (1,797.4) | (1,732.4) | (360.2) | (775.5) | (578.5) | (887.5) | (740.1) | (180.6) | (167.4) | (57.7) | (315.8) | (277.8) | (678.1) | (138.8) | (80.9) | (248.8) | (13.2) | (290.0) | (309.3) | (455.4) |
| Net cash from investing activities | (4,021.0) | (1,796.2) | (1,105.4) | (346.1) | (773.3) | (578.5) | (887.5) | (498.0) | (412.7) | 17.8 | (60.9) | (236.9) | (157.9) | (982.3) | (112.6) | (112.6) | (248.5) | 2.7 | (288.6) | (308.2) | (456.0) |
| Financing activities | |||||||||||||||||||||
| Dividends paid | (300.2) | (3.3) | (97.0) | (199.7) | (0.2) | (5.6) | (199.9) | (146.9) | 0.0 | (97.7) | (99.8) | (124.7) | (0.9) | (98.9) | (99.7) | (99.7) | 0.0 | (99.7) | 0.0 | (1.5) | (1.8) |
| Borrowings raised / (repaid) | 3,439.0 | 1,556.9 | 1,324.1 | 105.7 | 452.3 | 904.0 | 492.0 | 400.0 | 107.3 | 607.8 | (1,014.4) | 397.3 | 247.6 | 1,160.3 | (1,361.7) | (723.1) | 515.0 | 888.6 | (955.8) | 973.3 | (123.6) |
| Net cash from financing activities | 3,138.8 | 1,553.6 | 1,227.2 | (94.1) | 452.1 | 898.5 | 292.1 | 253.1 | 107.3 | 510.1 | (1,114.2) | 272.6 | 246.7 | 1,061.4 | (1,461.4) | (822.8) | 515.0 | 789.0 | (955.8) | 971.8 | (125.4) |
| Net change in cash | 69.4 | (1,103.5) | 537.1 | (77.5) | 713.3 | (84.8) | 21.6 | 134.9 | 89.4 | (113.6) | (43.9) | 95.6 | (574.2) | 186.3 | 1.5 | 629.0 | (87.7) | (74.9) | 11.1 | (51.2) | (27.6) |
| Key figures | |||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (3,714.0) | (2,658.4) | (1,317.1) | 2.5 | 259.0 | (983.3) | (270.5) | (360.3) | 214.1 | (808.9) | 1,073.4 | (255.8) | (940.8) | (571.0) | 1,436.7 | 1,483.6 | (603.0) | (879.8) | 965.5 | (1,024.2) | 98.6 |
| 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) | +36.9% | -11.1% | +10.9% | +13.2% | +2.3% | +4.9% | +48.6% | -43.4% | -31.0% | -39.3% | -53.5% | +490.4% | +285.3% | +199.5% | +217.5% | — | +32.1% | +74.7% | -28.4% | -100.1% |
| Depreciation & amortisation | -0.7% | -5.3% | -3.1% | -5.3% | +1.3% | +13.4% | +13.5% | +20.4% | +23.3% | +11.8% | +7.9% | +0.1% | +4.1% | +27.5% | +28.6% | +26.4% | +19.9% | -3.8% | -7.4% | -6.8% |
| Net cash from operating activities | — | -32.7% | -4.5% | +162.1% | — | -45.5% | +533.1% | — | -698.8% | -28.2% | -96.2% | — | — | +25.5% | — | -163.9% | — | +890.7% | -182.1% | +14.2% |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | +210.7% | +95.2% | -51.3% | +329.3% | +245.6% | +1,437.1% | +134.3% | -35.0% | -75.3% | -58.4% | +290.6% | +11.6% | +5,024.6% | -52.1% | -73.9% | -45.4% | -94.6% | +105.3% | +156.4% | +406.4% |
| Net cash from investing activities | — | — | — | — | -3,347.6% | — | — | — | — | — | — | — | -36,014.5% | — | — | — | — | -878.0% | — | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | -40.6% | -51.5% | +36.0% | — | -94.3% | +100.4% | +17.8% | -100.0% | -1.2% | +0.0% | +25.1% | — | -0.8% | — | +6,528.8% | -100.0% | — | -100.0% | -98.2% | — |
| Borrowings raised / (repaid) | +72.2% | +169.1% | -73.6% | +321.4% | +48.7% | — | +0.7% | -56.7% | -47.6% | — | — | -51.9% | +30.6% | — | -174.3% | — | -12.0% | — | — | — |
| Net cash from financing activities | +72.9% | +320.2% | -137.2% | +321.3% | +76.1% | — | -7.1% | -56.5% | -51.9% | — | — | -52.1% | +34.5% | — | -184.7% | — | -22.0% | — | — | — |
| Net change in cash | — | +2,390.3% | -157.4% | +698.3% | — | — | +41.1% | — | -161.0% | -3,071.3% | -84.8% | — | — | -86.7% | — | — | -153.5% | — | -109.8% | -144.9% |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | — | — | — | +21.0% | — | -125.2% | — | — | — | -25.3% | -117.2% | — | — | +48.8% | — | -711.9% | — | — | -236.6% | -75.1% |
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 52
| 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 | 839.1 | 460.3 | 650.0 | 564.7 | 613.0 | 517.7 | 586.2 | 499.0 | 599.4 | 493.5 | 394.5 | 881.9 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 485.0 | 267.5 | 359.5 | 344.1 | 361.3 | 352.7 | 369.2 | 343.5 | 309.0 | 382.3 | 340.3 | 328.3 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 131.1 | 30.1 | 10.4 | 20.7 | (6.1) | 41.0 | (15.6) | 15.5 | (32.6) | 75.6 | (47.8) | 8.6 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 136.3 | 105.8 | 165.2 | 141.7 | 166.3 | 115.4 | 197.6 | 154.6 | 203.3 | 133.6 | 224.5 | 169.4 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 199.6 | 185.9 | 183.0 | 172.1 | 201.0 | 196.3 | 188.9 | 181.8 | 198.4 | 173.1 | 166.4 | 151.0 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 199.6 | 185.9 | 183.0 | 172.1 | 201.0 | 196.2 | 188.8 | 181.7 | 198.3 | 173.0 | 166.2 | 150.9 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | 0.0 | — | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | 18.0 | (54.3) | 0.9 | 9.6 | 0.0 | (0.0) | (1.6) | (8.4) | (60.1) | 0.0 | (2.8) | (0.8) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 404.8 | 265.4 | 285.3 | 101.3 | 312.4 | 174.8 | 207.5 | 422.3 | 353.2 | 256.2 | 332.4 | 336.1 |
| Interest Paid - Cash | 180.9 | 231.9 | 162.7 | 123.9 | 146.7 | 129.7 | 207.7 | 134.2 | 159.6 | 187.5 | 201.5 | 105.6 |
| Cash Flow from Operating Activities before Changes in Working Capital | 738.5 | 230.5 | 561.6 | 683.6 | 515.2 | 565.9 | 540.3 | 286.0 | 395.7 | 432.2 | 200.8 | 768.4 |
| Working Capital - Increase/(Decrease) - Cash Flow | (1,599.5) | 184.8 | (198.9) | 350.9 | (920.0) | 51.1 | (160.5) | 108.7 | (1,037.3) | 699.0 | (140.8) | (1,431.4) |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | (1,327.7) | (693.3) | 304.5 | (159.1) | (517.0) | (139.4) | 467.1 | 20.5 | (807.5) | 338.9 | (315.5) | (499.9) |
| Inventories - Decrease/(Increase) - Cash Flow | (672.0) | 299.2 | (679.9) | (242.1) | 208.9 | (74.0) | 41.6 | (638.1) | 24.8 | 399.7 | 1,427.8 | (2,075.1) |
| Other Assets - Decrease/(Increase) - Cash Flow | (48.4) | 0.8 | 1.0 | (5.2) | (348.6) | (1.1) | 7.3 | 0.8 | (181.6) | 2.9 | 2.0 | 14.6 |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 316.0 | 734.3 | 19.1 | 757.4 | (237.2) | 265.7 | (676.5) | 725.5 | 59.6 | (42.5) | (1,255.1) | 1,129.0 |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | — | (156.3) | 156.3 | — | — | — | — | — | — | — | — | — |
| Other Assets & Liabilities - Increase/(Decrease) - Net - Cash Flow | 132.6 | — | — | — | (26.2) | — | — | — | (132.5) | — | — | — |
| Net Cash Flow from Operating Activities | (861.0) | 415.3 | 362.7 | 1,034.5 | (404.8) | 617.0 | 379.8 | 394.7 | (641.5) | 1,131.1 | 60.0 | (663.0) |
| Capital Expenditures - Net - Cash Flow | 1,796.2 | 1,732.4 | 360.2 | 771.3 | 578.5 | 887.5 | 737.8 | 171.0 | 163.6 | 57.7 | 226.8 | 276.7 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 1,796.2 | 1,732.4 | 360.2 | 771.3 | 578.5 | 887.5 | 737.8 | 171.0 | 163.6 | 57.7 | 226.8 | 276.7 |
| Property, Plant & Equipment - Purchased - Cash Flow | 1,797.4 | 1,732.4 | 360.2 | 775.5 | 578.5 | 887.5 | 740.1 | 180.6 | 167.4 | 57.7 | 315.8 | 277.8 |
| Property, Plant & Equipment Sold - Cash Flow | 1.2 | 0.0 | 0.0 | 4.2 | — | 0.0 | 2.2 | 9.6 | 3.7 | 0.0 | 89.0 | 1.1 |
| Capital Expenditures - Total | 1,797.4 | 1,732.4 | 360.2 | 775.5 | 578.5 | 887.5 | 740.1 | 180.6 | 167.4 | 57.7 | 315.8 | 277.8 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | 0.0 | 627.0 | 12.2 | — | — | 0.0 | 0.0 | 0.0 | 0.7 | (2.8) | (10.1) | 300.0 |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | 0.0 | 627.0 | 12.2 | — | — | 0.0 | 0.0 | 0.0 | 0.7 | (2.8) | (10.1) | 300.0 |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | 0.0 | 627.0 | — | — | — | — | — | — | — | — | — | — |
| Other Investing Cash Flow - Decrease/(Increase) | 0.1 | 0.0 | 1.9 | (2.0) | (0.0) | 0.0 | 239.9 | (241.7) | 180.7 | (0.3) | (0.1) | (181.2) |
| Net Cash Flow from Investing Activities | (1,796.2) | (1,105.4) | (346.1) | (773.3) | (578.5) | (887.5) | (498.0) | (412.7) | 17.8 | (60.9) | (236.9) | (157.9) |
| Dividends Paid - Cash - Total - Cash Flow | 3.3 | 97.0 | 199.7 | 0.2 | 5.6 | 199.9 | 146.9 | 0.0 | 97.7 | 99.8 | 124.7 | 0.9 |
| Dividends - Common - Cash Paid | 3.3 | 97.0 | 199.7 | 0.2 | 5.6 | 199.9 | 146.9 | 0.0 | 97.7 | 99.8 | 124.7 | 0.9 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | 1,556.9 | 1,324.1 | 105.7 | 452.3 | 904.0 | 492.0 | 400.0 | 107.3 | 607.8 | (1,014.4) | 397.3 | 247.6 |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | 430.5 | (2,012.2) | (504.6) | 124.2 | 1,087.5 | 463.4 | 391.1 | 297.5 | 827.0 | (823.4) | 593.2 | 383.5 |
| Debt - Issued - Short-Term - Cash Flow | — | — | — | 124.2 | — | — | — | — | — | — | — | — |
| Debt - Issued/Reduced - Long-Term - Cash Flow | 1,126.4 | 3,336.3 | 610.3 | 328.1 | (183.5) | 28.5 | 8.8 | (190.2) | (219.3) | (191.0) | (195.9) | (135.9) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | — | — | — | — | — | 0.0 | 0.0 | 0.0 | (0.0) | (0.8) | (1.6) | (1.6) |
| Debt - Issued - Long-Term - Cash Flow | 5,321.1 | 4,416.2 | 831.8 | 328.1 | 172.9 | 154.9 | 150.0 | 0.0 | 0.0 | 0.0 | 0.0 | 41.5 |
| Debt - Reduced - Long-Term - Cash Flow | 4,194.7 | 1,079.9 | 221.5 | — | 356.4 | 126.4 | 141.2 | 190.2 | 219.3 | 191.0 | 195.9 | 177.4 |
| 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 | 0.0 | 0.8 | 1.6 | 1.6 |
| Net Cash Flow from Financing Activities | 1,553.6 | 1,227.2 | (94.1) | 452.1 | 898.5 | 292.1 | 253.1 | 107.3 | 510.1 | (1,114.2) | 272.6 | 246.7 |
| Net Change in Cash - Total | (1,103.5) | 537.1 | (77.5) | 713.3 | (84.8) | 21.6 | 134.9 | 89.4 | (113.6) | (43.9) | 95.6 | (574.2) |
| Net Cash from Continuing Operations | (1,103.5) | 537.1 | (77.5) | 713.3 | (84.8) | 21.6 | 134.9 | 89.4 | (113.6) | (43.9) | 95.6 | (574.2) |
| Net Cash - Beginning Balance | 1,623.0 | 1,085.9 | 1,163.4 | 450.1 | 534.9 | 513.4 | 378.4 | 287.6 | 402.7 | 446.6 | 351.0 | 925.2 |
| Net Cash - Ending Balance | 519.5 | 1,623.0 | 1,085.9 | 1,163.4 | 450.1 | 534.9 | 513.4 | 376.9 | 289.1 | 402.7 | 446.6 | 351.0 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 404.8 | 265.4 | 285.3 | 101.3 | 312.4 | 174.8 | 207.5 | 422.3 | 353.2 | 256.2 | 332.4 | 336.1 |
| Interest Paid - Cash Flow - Supplemental | 180.9 | 231.9 | 162.7 | 123.9 | 146.7 | 129.7 | 207.7 | 134.2 | 159.6 | 187.5 | 201.5 | 105.6 |
| CF from Optg Activities before Change in WC & Int Payments | 919.4 | 462.3 | 724.3 | 807.5 | 661.9 | 695.6 | 747.9 | 420.1 | 555.3 | 619.7 | 402.3 | 874.0 |
| Contract Assets/Liabilities - Net - Cash Flow | 132.6 | — | — | — | (26.2) | — | — | — | (132.5) | — | — | — |
| Depreciation, Depletion & Amortization - Cash Flow | 199.6 | 185.9 | 183.0 | 172.1 | 201.0 | 196.3 | 188.9 | 181.8 | 198.4 | 173.1 | 166.4 | 151.0 |
| Free Cash Flow to Equity | (1,100.2) | 7.0 | 108.2 | 715.5 | (79.2) | 221.5 | 41.9 | 331.0 | (197.4) | 59.0 | 230.5 | (692.1) |
| Free Cash Flow Net of Dividends | (2,661.7) | (1,414.1) | (197.3) | 258.9 | (988.8) | (470.4) | (507.1) | 214.1 | (906.6) | 973.6 | (380.5) | (941.7) |
| Free Cash Flow | (2,658.4) | (1,317.1) | 2.5 | 259.0 | (983.3) | (270.5) | (360.3) | 214.1 | (808.9) | 1,073.4 | (255.8) | (940.8) |
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.