Last close · 16 Oct 2026
Rs 79.06 +1.26%
Quarterly · Q1 FY2022 – Q4 FY2026
International Steels Limited (ISL) quarterly cash flow statement
Operating activities generated Rs 5.4 bn of cash in Q4 FY2026 (Apr – Jun 2026), up 189.9% on Q4 FY2025, 301% of the starting profit. Capital expenditure was Rs 362.8 mn, leaving free cash flow of Rs 5.1 bn. Overall, cash increased by Rs 4.1 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) | 5.5 | 1.8 | 1.3 | 1.5 | 1.0 | 0.9 | 0.7 | 0.6 | 0.2 | 0.3 | 0.8 | 1.7 | 1.8 | 3.1 | 2.1 | (0.5) | 0.5 | 1.0 | 1.4 | 2.1 | 3.6 |
| Depreciation & amortisation | 2.2 | 0.5 | 0.6 | 0.7 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 | 0.5 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 | 0.4 |
| Net cash from operating activities | (3.8) | 5.4 | (8.3) | 8.1 | (9.1) | 1.9 | (4.8) | 10.8 | (5.6) | (0.2) | 2.0 | (3.1) | 6.2 | 7.3 | 6.2 | 13.9 | (5.0) | (8.7) | 13.2 | (8.1) | 0.2 |
| Investing activities | |||||||||||||||||||||
| Capital expenditure | (1.0) | (0.4) | (0.3) | (0.1) | (0.2) | (0.3) | (0.2) | (0.3) | (0.4) | (0.7) | (0.5) | (0.3) | (0.3) | (0.4) | (0.5) | (0.3) | (0.1) | (0.5) | (0.5) | (0.8) | (0.1) |
| Net cash from investing activities | (1.0) | (0.6) | (0.5) | (0.2) | 0.2 | (0.7) | 4.8 | (5.2) | (0.2) | (1.0) | (0.5) | 1.3 | (1.9) | (0.4) | (0.2) | (1.0) | (0.1) | (0.5) | (0.5) | (0.7) | (0.1) |
| Financing activities | |||||||||||||||||||||
| Dividends paid | — | — | (0.9) | (1.1) | (0.0) | (0.0) | (0.0) | (1.3) | (0.0) | (0.0) | (1.1) | (1.1) | (0.0) | (1.3) | 0.0 | (2.0) | (0.0) | (0.0) | (0.9) | (3.0) | (0.0) |
| Borrowings raised / (repaid) | 5.9 | (0.7) | 5.2 | (6.7) | 8.1 | 0.0 | (4.0) | 4.1 | 0.6 | 0.4 | 1.1 | (0.1) | (1.2) | (0.5) | (6.0) | (0.6) | 0.4 | (0.0) | 0.5 | (0.3) | 1.7 |
| Net cash from financing activities | 3.9 | (0.7) | 4.3 | (7.8) | 8.1 | 0.0 | (4.1) | 2.8 | 0.6 | 0.4 | 0.0 | (1.2) | (1.2) | (1.9) | (6.0) | (2.6) | 0.4 | (0.0) | (0.4) | (3.3) | 1.7 |
| Net change in cash | (0.9) | 4.1 | (4.5) | 0.2 | (0.8) | 1.2 | (4.0) | 8.5 | (5.2) | (0.9) | 1.5 | (3.0) | 3.2 | 5.1 | (0.0) | 10.3 | (4.7) | (9.2) | 12.2 | (12.1) | 1.8 |
| Key figures | |||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (4.8) | 5.1 | (8.7) | 8.1 | (9.3) | 1.6 | (5.0) | 10.6 | (6.0) | (0.9) | 1.5 | (3.4) | 5.9 | 6.9 | 5.7 | 13.5 | (5.1) | (9.2) | 12.7 | (8.9) | 0.1 |
| 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) | +93.0% | +83.4% | +143.3% | +366.6% | +173.8% | -18.8% | -64.6% | -88.1% | -89.0% | -60.0% | — | +258.6% | +225.6% | +53.9% | -125.6% | -86.3% | -67.9% | -59.0% | -34.1% | +322.4% |
| Depreciation & amortisation | +7.8% | +10.6% | +22.0% | +11.1% | +9.6% | +6.0% | +8.8% | -0.6% | -21.6% | +16.2% | +36.7% | +14.3% | +34.8% | +14.3% | -6.1% | +5.4% | +5.8% | -5.5% | -4.1% | -0.9% |
| Net cash from operating activities | +189.9% | — | -24.8% | — | — | -336.2% | — | -190.2% | -103.1% | -67.1% | -122.0% | — | — | -53.0% | — | -2,586.0% | — | +130.3% | -3,174.5% | -97.1% |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | +38.4% | +121.6% | -66.6% | -33.2% | -61.9% | -70.8% | -22.1% | +36.7% | +60.5% | +5.4% | -5.5% | +94.2% | -8.0% | -2.2% | -56.0% | +90.9% | +75.1% | +267.8% | +934.0% | +106.7% |
| Net cash from investing activities | — | -109.4% | — | — | — | — | -501.1% | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | — | +23,303.9% | -16.6% | +123.9% | -98.9% | -99.7% | +20.0% | -39.1% | -99.8% | — | -44.4% | +8,263.6% | +118,144.2% | -100.0% | -35.6% | -96.9% | +55.7% | -33.0% | +296,476.5% | -9.2% |
| Borrowings raised / (repaid) | -23,780.8% | — | -263.8% | +1,356.6% | -99.1% | -468.5% | — | — | — | — | — | -410.7% | — | -1,413.1% | — | -77.1% | — | — | — | +41.3% |
| Net cash from financing activities | -23,924.4% | — | -379.1% | +1,357.8% | -99.1% | -36,691.6% | — | — | — | — | — | -410.9% | — | — | — | -77.1% | — | — | — | +41.3% |
| Net change in cash | +245.8% | — | -97.9% | — | — | -361.5% | — | -264.3% | -117.5% | — | -128.6% | — | — | -100.2% | — | -358.8% | — | +191.9% | — | -77.6% |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | +214.5% | — | -23.8% | — | — | -428.0% | — | -200.5% | -113.2% | -73.4% | -125.0% | — | — | -55.1% | — | -4,116.9% | — | +126.9% | -4,843.7% | -98.2% |
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 57
| 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 | 1.8 | 1.3 | 1.5 | 1.0 | 0.9 | 0.7 | 0.6 | 0.2 | 0.3 | 0.8 | 1.7 | 1.8 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 0.9 | 0.8 | 0.6 | 0.8 | 0.6 | 0.6 | 0.6 | 0.7 | 0.8 | 0.6 | 0.6 | 0.5 |
| Equity Income/(Loss) in Net Earnings - Cash Flow - to Reconcile | 0.0 | (0.1) | (0.4) | — | (0.0) | — | — | — | — | — | — | — |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 0.2 | 0.0 | 0.0 | (0.0) | 0.2 | 0.0 | 0.0 | (0.0) | 0.1 | 0.0 | 0.0 | 0.0 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 0.2 | 0.3 | 0.3 | 0.3 | 0.1 | 0.0 | 0.1 | 0.3 | 0.3 | 0.1 | 0.1 | 0.0 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 0.5 | 0.6 | 0.7 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 0.5 | 0.6 | 0.7 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 |
| Assets Sale - Gain/(Loss) - 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) |
| Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile | — | — | — | — | — | — | — | — | 0.0 | — | — | — |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 0.9 | 0.9 | 0.5 | 0.7 | 0.4 | 0.5 | 0.5 | 0.4 | 0.7 | 0.3 | 0.7 | 0.6 |
| Interest Paid - Cash | 0.4 | 0.3 | 0.4 | 0.1 | 0.1 | 0.1 | 0.3 | 0.3 | 0.3 | 0.2 | 0.1 | 0.3 |
| Interest & Dividends - Received - Total - Cash Flow | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 |
| Cash Flow from Operating Activities before Changes in Working Capital | 1.6 | 0.9 | 1.2 | 0.9 | 1.0 | 0.8 | 0.6 | 0.2 | 0.2 | 1.0 | 1.6 | 1.6 |
| Working Capital - Increase/(Decrease) - Cash Flow | 3.9 | (9.2) | 6.9 | (10.0) | 0.9 | (5.6) | 10.2 | (5.8) | (0.4) | 1.0 | (4.6) | 4.7 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | 0.0 | (2.4) | 4.5 | (3.8) | (0.5) | (0.7) | 1.6 | (0.1) | 0.5 | 0.0 | (0.5) | (0.4) |
| Inventories - Decrease/(Increase) - Cash Flow | 2.9 | (4.9) | 1.4 | (4.5) | (1.5) | (6.0) | 4.5 | (0.5) | 0.0 | 0.5 | (2.4) | 1.0 |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | 0.0 | (0.1) | 0.0 | (0.1) | 0.3 | (0.2) | (0.1) | 0.0 | (0.0) | 0.1 | (0.0) | (0.1) |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 2.7 | (3.9) | 1.1 | (1.7) | 2.1 | 1.8 | 3.9 | (5.0) | (1.1) | 0.9 | (1.1) | 3.3 |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | (1.8) | 2.0 | (0.1) | 0.1 | 0.5 | (0.4) | 0.3 | (0.3) | 0.3 | (0.4) | (0.6) | 0.8 |
| Net Cash Flow from Operating Activities | 5.4 | (8.3) | 8.1 | (9.1) | 1.9 | (4.8) | 10.8 | (5.6) | (0.2) | 2.0 | (3.1) | 6.2 |
| Capital Expenditures - Net - Cash Flow | 0.4 | 0.3 | 0.0 | 0.2 | 0.2 | 0.1 | 0.2 | 0.4 | 0.7 | 0.5 | 0.3 | 0.3 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 0.4 | 0.3 | 0.0 | 0.2 | 0.1 | 0.1 | 0.2 | 0.3 | 0.7 | 0.5 | 0.3 | 0.2 |
| Property, Plant & Equipment - Purchased - Cash Flow | 0.4 | 0.3 | 0.1 | 0.2 | 0.2 | 0.1 | 0.2 | 0.3 | 0.7 | 0.5 | 0.3 | 0.2 |
| Property, Plant & Equipment Sold - Cash Flow | 0.0 | 0.0 | 0.0 | 0.0 | 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 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Intangible Assets - Purchased/Acquired - Cash Flow | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Capital Expenditures - Total | 0.4 | 0.3 | 0.1 | 0.2 | 0.3 | 0.2 | 0.3 | 0.4 | 0.7 | 0.5 | 0.3 | 0.3 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | (0.1) | (0.2) | (0.2) | 0.5 | (0.5) | 5.0 | (5.0) | 0.3 | (0.4) | 0.0 | 1.6 | (1.6) |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | (0.1) | (0.2) | (0.2) | 0.5 | (0.5) | 5.0 | (5.0) | 0.3 | (0.4) | 0.0 | 1.6 | (1.6) |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | 0.5 | 0.1 | — | — | 13.2 | — | — | — | — | — | — | — |
| Investment Securities - Purchased - Unclassified - Cash Flow | 0.6 | 0.3 | 0.2 | — | 13.7 | — | 5.0 | — | — | — | — | — |
| Investments - Associated Companies & Joint Ventures - Sold/(Purchased) - Cash Flow | (0.1) | 0.1 | 0.1 | — | 0.0 | 0.0 | 0.0 | (0.0) | — | — | — | — |
| Net Cash Flow from Investing Activities | (0.6) | (0.5) | (0.2) | 0.2 | (0.7) | 4.8 | (5.2) | (0.2) | (1.0) | (0.5) | 1.3 | (1.9) |
| Dividends Paid - Cash - Total - Cash Flow | — | 0.9 | 1.1 | 0.0 | 0.0 | 0.0 | 1.3 | 0.0 | 0.0 | 1.1 | 1.1 | 0.0 |
| Dividends - Common - Cash Paid | — | 0.9 | 1.1 | 0.0 | 0.0 | 0.0 | 1.3 | 0.0 | 0.0 | 1.1 | 1.1 | 0.0 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | (0.7) | 5.2 | (6.7) | 8.1 | 0.0 | (4.0) | 4.1 | 0.6 | 0.4 | 1.1 | (0.1) | (1.2) |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | (0.7) | 5.2 | (6.7) | 8.2 | 0.1 | (4.0) | 4.2 | 0.7 | 0.3 | 1.2 | 0.0 | (1.1) |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | 0.1 | (0.1) | (0.1) | (0.1) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Debt - Issued - Long-Term - Cash Flow | — | — | — | — | — | — | — | 0.0 | 0.2 | 0.0 | 0.0 | 0.0 |
| Debt - Reduced - Long-Term - Cash Flow | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Financing Cash Flow - Increase/(Decrease) | 0.0 | — | — | — | — | — | — | — | — | — | — | — |
| Net Cash Flow from Financing Activities | (0.7) | 4.3 | (7.8) | 8.1 | 0.0 | (4.1) | 2.8 | 0.6 | 0.4 | 0.0 | (1.2) | (1.2) |
| Net Change in Cash - Total | 4.1 | (4.5) | 0.2 | (0.8) | 1.2 | (4.0) | 8.5 | (5.2) | (0.9) | 1.5 | (3.0) | 3.2 |
| Net Cash from Continuing Operations | 4.1 | (4.5) | 0.2 | (0.8) | 1.2 | (4.0) | 8.5 | (5.2) | (0.9) | 1.5 | (3.0) | 3.2 |
| Net Cash - Beginning Balance | (2.6) | 1.8 | 1.7 | 2.4 | 1.2 | 5.3 | (3.2) | 2.0 | 2.9 | 1.3 | 4.3 | 1.1 |
| Net Cash - Ending Balance | 1.5 | (2.6) | 1.8 | 1.7 | 2.4 | 1.2 | 5.3 | (3.2) | 2.0 | 2.9 | 1.3 | 4.3 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 0.9 | 0.9 | 0.5 | 0.7 | 0.4 | 0.5 | 0.5 | 0.4 | 0.7 | 0.3 | 0.7 | 0.6 |
| Interest Paid - Cash Flow - Supplemental | 0.4 | 0.3 | 0.4 | 0.1 | 0.1 | 0.1 | 0.3 | 0.3 | 0.3 | 0.2 | 0.1 | 0.3 |
| Interest & Dividends - Received - Cash Flow - Supplemental | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 |
| CF from Optg Activities before Change in WC & Int Payments | 2.0 | 1.2 | 1.6 | 1.0 | 1.1 | 0.9 | 0.9 | 0.5 | 0.5 | 1.2 | 1.7 | 1.9 |
| Contract Liabilities - Increase/(Decrease) - Cash Flow | (1.8) | 2.0 | (0.1) | 0.1 | 0.5 | (0.4) | 0.3 | (0.3) | 0.3 | (0.4) | (0.6) | 0.8 |
| Depreciation, Depletion & Amortization - Cash Flow | 0.5 | 0.6 | 0.7 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 | 0.4 | 0.5 | 0.5 | 0.5 |
| Free Cash Flow to Equity | 4.4 | (3.4) | 1.4 | (1.2) | 1.7 | (9.0) | 14.7 | (5.4) | (0.5) | 2.6 | (3.4) | 4.8 |
| Free Cash Flow Net of Dividends | 5.1 | (9.5) | 7.0 | (9.3) | 1.6 | (5.0) | 9.3 | (6.0) | (0.9) | 0.4 | (4.5) | 5.9 |
| Free Cash Flow | 5.1 | (8.7) | 8.1 | (9.3) | 1.6 | (5.0) | 10.6 | (6.0) | (0.9) | 1.5 | (3.4) | 5.9 |
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.