Last close · 16 Oct 2026
Rs 316.91 +0.59%
Annual · FY2007 – FY2026
National Foods Limited (NATF) cash flow statement
Operating activities generated Rs 6.2 bn of cash in FY2026 (Jul 2025 – Jun 2026), up 4.1% on FY2025. Capital expenditure was Rs 2.0 bn, leaving free cash flow of Rs 4.2 bn. Dividends paid to shareholders came to Rs 7.0 bn. Overall, cash decreased by Rs 1.7 bn.
| Rs mn | FY2026 * Jul 2025 – Jun 2026 | FY2025 * Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 * Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 * Jul 2020 – Jun 2021 | FY2020 * Jul 2019 – Jun 2020 | FY2019 * Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 | FY2016 Jul 2015 – Jun 2016 | FY2015 Jul 2014 – Jun 2015 | FY2014 * Jul 2013 – Jun 2014 | FY2013 Jul 2012 – Jun 2013 | FY2012 Jul 2011 – Jun 2012 | FY2011 Jul 2010 – Jun 2011 | FY2010 * Jul 2009 – Jun 2010 | FY2009 * Jul 2008 – Jun 2009 | FY2008 Jul 2007 – Jun 2008 | FY2007 Jul 2006 – Jun 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | — | 5,858.6 | 3,632.5 | 5,004.8 | 3,615.0 | 2,631.0 | 2,308.1 | 1,722.9 | 1,062.8 | 1,319.0 | 1,135.5 | 1,433.8 | 1,058.4 | 985.0 | 836.2 | 361.8 | 159.2 | 220.7 | 233.9 | 191.7 |
| Depreciation & amortisation | — | 3,056.4 | 2,331.6 | 1,570.2 | 1,152.9 | 863.2 | 813.4 | 550.3 | 360.6 | 271.2 | 218.3 | 195.1 | 153.5 | 115.1 | 97.8 | 99.0 | 93.9 | 83.5 | 56.8 | 38.1 |
| Net cash from operating activities | 6,226.1 | 5,980.8 | 6,929.2 | 2,930.8 | 1,446.4 | 2,526.5 | 2,991.5 | 1,922.8 | 1,310.5 | 1,425.4 | 492.0 | 1,413.7 | 550.0 | 344.7 | 1,068.8 | 422.6 | (391.2) | 202.1 | (95.7) | 101.3 |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | (1,997.1) | (2,024.0) | (3,816.7) | (3,773.5) | (3,145.5) | (925.0) | (908.7) | (994.6) | (1,699.5) | (1,396.0) | (878.9) | (490.5) | (367.8) | (238.5) | (269.1) | (63.9) | (273.5) | (97.4) | (173.1) | (148.5) |
| Net cash from investing activities | (115.1) | (3,481.3) | (2,735.5) | (3,873.0) | (3,357.9) | (1,859.5) | (918.5) | (1,106.6) | (1,676.3) | (1,556.1) | (312.3) | (354.0) | (460.1) | (269.9) | (499.7) | (55.0) | (259.3) | (94.0) | (170.7) | (140.6) |
| Financing activities | ||||||||||||||||||||
| Dividends paid | (6,977.5) | (2,546.3) | (1,310.3) | (1,387.9) | (1,036.4) | (860.3) | (530.9) | (386.9) | (432.5) | (284.2) | (1,031.8) | (412.8) | (166.8) | (390.2) | (103.2) | (49.5) | (0.0) | (0.2) | (8.2) | (8.5) |
| Borrowings raised / (repaid) | 499.4 | (1,257.0) | 1,667.7 | 1,672.2 | 236.7 | 15.2 | (28.0) | 277.0 | 557.9 | 451.6 | 300.0 | (300.0) | (430.0) | — | (216.3) | 143.8 | (54.8) | (55.4) | (55.1) | (32.5) |
| Net cash from financing activities | (6,478.0) | (3,803.3) | 357.4 | 284.3 | (799.8) | (845.2) | (558.9) | (109.9) | (1.1) | 167.5 | (731.8) | (712.8) | (596.8) | (390.2) | (319.6) | 94.4 | (54.9) | (55.6) | (63.3) | (40.9) |
| Net change in cash | (1,681.9) | (1,307.6) | 4,516.3 | (502.3) | (2,741.9) | (344.5) | 1,421.5 | 752.7 | (354.6) | 38.2 | (552.1) | 346.9 | (506.9) | (315.4) | 249.5 | 462.0 | (705.3) | 52.5 | (329.7) | (80.2) |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | 4,229.0 | 3,956.8 | 3,112.5 | (842.7) | (1,699.1) | 1,601.4 | 2,082.8 | 928.2 | (389.0) | 29.4 | (386.8) | 923.2 | 182.1 | 106.3 | 799.7 | 358.7 | (664.6) | 104.7 | (268.8) | (47.2) |
| Rs mn | FY2026 * Jul 2025 – Jun 2026 | FY2025 * Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 * Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 * Jul 2020 – Jun 2021 | FY2020 * Jul 2019 – Jun 2020 | FY2019 * Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 | FY2016 Jul 2015 – Jun 2016 | FY2015 Jul 2014 – Jun 2015 | FY2014 * Jul 2013 – Jun 2014 | FY2013 Jul 2012 – Jun 2013 | FY2012 Jul 2011 – Jun 2012 | FY2011 Jul 2010 – Jun 2011 | FY2010 * Jul 2009 – Jun 2010 | FY2009 * Jul 2008 – Jun 2009 | FY2008 Jul 2007 – Jun 2008 | FY2007 Jul 2006 – Jun 2007 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | — | +61.3% | -27.4% | +38.4% | +37.4% | +14.0% | +34.0% | +62.1% | -19.4% | +16.2% | -20.8% | +35.5% | +7.5% | +17.8% | +131.2% | +127.3% | -27.9% | -5.7% | +22.0% | — |
| Depreciation & amortisation | — | +31.1% | +48.5% | +36.2% | +33.6% | +6.1% | +47.8% | +52.6% | +33.0% | +24.2% | +11.9% | +27.1% | +33.4% | +17.7% | -1.2% | +5.4% | +12.5% | +47.0% | +49.0% | — |
| Net cash from operating activities | +4.1% | -13.7% | +136.4% | +102.6% | -42.7% | -15.5% | +55.6% | +46.7% | -8.1% | +189.7% | -65.2% | +157.1% | +59.5% | -67.7% | +152.9% | — | -293.5% | — | -194.4% | — |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | -1.3% | -47.0% | +1.1% | +20.0% | +240.0% | +1.8% | -8.6% | -41.5% | +21.7% | +58.8% | +79.2% | +33.4% | +54.2% | -11.4% | +321.3% | -76.6% | +180.7% | -43.7% | +16.6% | — |
| Net cash from investing activities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | +174.0% | +94.3% | -5.6% | +33.9% | +20.5% | +62.1% | +37.2% | -10.5% | +52.2% | -72.5% | +150.0% | +147.5% | -57.3% | +278.0% | +108.7% | +329,753.3% | -92.7% | -97.5% | -2.6% | — |
| Borrowings raised / (repaid) | — | -175.4% | -0.3% | +606.6% | +1,461.2% | — | -110.1% | -50.3% | +23.5% | +50.5% | — | — | — | — | -250.4% | — | — | — | — | — |
| Net cash from financing activities | — | -1,164.1% | +25.7% | — | — | — | — | — | -100.7% | — | — | — | — | — | -438.7% | — | — | — | — | — |
| Net change in cash | — | -129.0% | — | — | — | -124.2% | +88.9% | — | -1,029.3% | — | -259.1% | — | — | -226.4% | -46.0% | — | -1,443.1% | — | — | — |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | +6.9% | +27.1% | — | — | -206.1% | -23.1% | +124.4% | — | -1,423.6% | — | -141.9% | +406.9% | +71.4% | -86.7% | +122.9% | — | -734.5% | — | — | — |
Change against the previous fiscal year; shown when the earlier figure is positive.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.
All reported line items 71
| Rs bn | FY2026 Jul 2025 – Jun 2026 | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 Jul 2020 – Jun 2021 | FY2020 Jul 2019 – Jun 2020 | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | — | 5.9 | 3.6 | 5.0 | 3.6 | 2.6 | 2.3 | 1.7 | 1.1 | 1.3 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 7.8 | 4.3 | 5.3 | 2.6 | 1.7 | 1.2 | 1.1 | 0.8 | 0.6 | 0.4 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 7.8 | (0.4) | 0.4 | (0.1) | 0.1 | 0.1 | (0.0) | (0.0) | 0.1 | 0.0 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | — | 1.7 | 2.6 | 1.2 | 0.5 | 0.3 | 0.3 | 0.3 | 0.1 | 0.1 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | — | 3.1 | 2.3 | 1.6 | 1.2 | 0.9 | 0.8 | 0.6 | 0.4 | 0.3 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | — | 2.9 | 2.3 | 1.5 | 1.1 | 0.8 | 0.8 | 0.5 | 0.3 | 0.2 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | — | 0.2 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.1 | 0.0 | 0.0 |
| Impairment - Property, Plant & Equipment including Intangible Assets - Cash Flow - to Reconcile | — | 0.0 | — | — | — | — | — | — | — | — |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | — | (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) | (0.0) | — | — | — | — | — | — | — |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 0.9 | 1.4 | 1.6 | 1.2 | 0.7 | 0.5 | 0.2 | 0.1 | 0.4 | 0.4 |
| Interest Paid - Cash | 1.0 | 2.2 | 1.8 | 0.8 | 0.4 | 0.3 | 0.4 | 0.3 | 0.2 | 0.1 |
| Interest & Dividends - Received - Total - Cash Flow | 0.4 | — | — | — | — | — | — | — | — | — |
| Cash Flow from Operating Activities before Changes in Working Capital | 6.2 | 6.5 | 5.5 | 5.6 | 4.2 | 3.1 | 2.9 | 2.1 | 1.1 | 1.2 |
| Working Capital - Increase/(Decrease) - Cash Flow | — | (0.6) | 1.5 | (2.7) | (2.7) | (0.5) | 0.1 | (0.2) | 0.2 | 0.2 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | — | (0.1) | 0.7 | 0.4 | (1.3) | 0.0 | (0.3) | 0.0 | 0.4 | (0.4) |
| Inventories - Decrease/(Increase) - Cash Flow | — | 0.2 | 0.3 | (3.9) | (2.6) | (1.5) | (0.2) | (1.2) | (0.2) | 0.2 |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | — | 0.2 | (0.0) | (0.5) | (0.5) | (0.1) | (0.0) | 0.1 | 0.1 | (0.1) |
| Other Assets - Decrease/(Increase) - Cash Flow | — | 0.0 | 0.0 | (0.1) | (0.0) | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) |
| Accrued Expenses - Increase/(Decrease) - Cash Flow | — | — | — | — | 0.0 | (0.0) | 0.0 | — | 0.0 | (0.1) |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | — | (1.0) | 0.4 | 1.2 | 1.7 | 1.1 | 0.7 | 0.9 | (0.0) | 0.6 |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | — | (0.0) | (0.0) | 0.2 | (0.1) | 0.1 | 0.0 | 0.1 | — | — |
| Net Cash Flow from Operating Activities | 6.2 | 6.0 | 6.9 | 2.9 | 1.4 | 2.5 | 3.0 | 1.9 | 1.3 | 1.4 |
| Capital Expenditures - Net - Cash Flow | 1.7 | 2.0 | 3.7 | 3.7 | 3.0 | 0.9 | 0.9 | 0.9 | 1.7 | 1.4 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 1.6 | 1.9 | 3.5 | 3.6 | 3.0 | 0.8 | 0.9 | 0.9 | 1.6 | 1.3 |
| Property, Plant & Equipment - Purchased - Cash Flow | 2.0 | 1.9 | 3.6 | 3.7 | 3.1 | 0.9 | 0.9 | 1.0 | 1.7 | 1.3 |
| Property, Plant & Equipment Sold - Cash Flow | 0.3 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | 0.0 | 0.1 | 0.2 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 |
| Intangible Assets - Purchased/Acquired - Cash Flow | 0.0 | 0.1 | 0.2 | 0.1 | 0.0 | 0.1 | 0.0 | 0.0 | — | 0.1 |
| Intangible Assets - Net - Cash Flow | — | — | — | — | — | — | — | — | 0.0 | — |
| Capital Expenditures - Total | 2.0 | 2.0 | 3.8 | 3.8 | 3.1 | 0.9 | 0.9 | 1.0 | 1.7 | 1.4 |
| Acquisition & Disposals of Business - Assets - Sold/(Acquired) - Net - Cash Flow | — | — | — | (0.6) | — | — | — | — | — | (0.2) |
| Acquisition of Business - Cash Flow | — | — | — | — | — | — | — | — | — | 0.2 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | 1.5 | (1.5) | 0.9 | 0.4 | (0.3) | (1.0) | (0.0) | — | — | 0.0 |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | 1.5 | (1.5) | 0.9 | 0.4 | (0.3) | (1.0) | (0.0) | — | — | 0.0 |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | 33.1 | 3.0 | 1.3 | — | — | — | — | — | — | 0.0 |
| Investment Securities - Purchased - Unclassified - Cash Flow | 31.5 | 4.5 | 0.3 | — | — | 1.0 | 0.0 | — | — | 0.0 |
| Other Investing Cash Flow - Decrease/(Increase) | — | — | — | — | — | — | 0.0 | (0.2) | — | — |
| Net Cash Flow from Investing Activities | (0.1) | (3.5) | (2.7) | (3.9) | (3.4) | (1.9) | (0.9) | (1.1) | (1.7) | (1.6) |
| Dividends Paid - Cash - Total - Cash Flow | 7.0 | 2.5 | 1.3 | 1.4 | 1.0 | 0.9 | 0.5 | 0.4 | 0.4 | 0.3 |
| Dividends - Common - Cash Paid | 7.0 | 2.5 | 1.3 | 1.4 | 1.0 | 0.9 | 0.5 | 0.4 | 0.4 | 0.3 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | 0.5 | (1.3) | 1.7 | 1.7 | 0.2 | 0.0 | (0.0) | 0.3 | 0.6 | 0.5 |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | 1.0 | 0.6 | 0.1 | (0.7) | 1.1 | 0.2 | (0.5) | (0.1) | 0.3 | 0.2 |
| Debt - Issued - Short-Term - Cash Flow | 1.0 | 0.9 | 1.0 | — | 1.1 | 0.2 | — | 0.0 | 0.3 | 1.3 |
| Debt - Reduced - Short-Term - Cash Flow | — | 0.3 | 0.9 | — | — | — | 0.5 | 0.1 | — | 1.1 |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (0.5) | (1.8) | 1.6 | 2.4 | (0.9) | (0.2) | 0.4 | 0.3 | 0.3 | 0.3 |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (0.1) | (1.6) | (1.2) | (0.6) | (0.3) | (0.1) | (0.2) | — | — | — |
| Debt - Issued - Long-Term - Cash Flow | — | — | 3.1 | 3.0 | — | 0.2 | 0.6 | 0.5 | 0.3 | 0.3 |
| Debt - Reduced - Long-Term - Cash Flow | 0.5 | 1.8 | 1.5 | 0.6 | 0.9 | 0.4 | 0.2 | 0.2 | 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 | 0.1 | 1.6 | 1.2 | 0.6 | 0.3 | 0.1 | 0.2 | — | — | — |
| Other Financing Cash Flow - Increase/(Decrease) | — | — | — | — | 0.0 | — | — | 0.0 | (0.1) | — |
| Net Cash Flow from Financing Activities | (6.5) | (3.8) | 0.4 | 0.3 | (0.8) | (0.8) | (0.6) | (0.1) | (0.0) | 0.2 |
| Net Cash Flow from Discontinued Operations - Operating Activities | 0.5 | — | — | — | — | — | — | — | — | — |
| Net Cash Flow from Discontinued Operations - Investing Activities | (0.2) | — | — | — | — | — | — | — | — | — |
| Net Cash Flow from Discontinued Operations - Financing Activities | (1.6) | — | — | — | — | — | — | — | — | — |
| Net Cash Flow from Discontinued Operations - Total | (1.3) | — | — | — | — | — | — | — | — | — |
| Foreign Exchange Effects - Cash Flow | (0.0) | (0.0) | (0.0) | 0.2 | (0.0) | (0.2) | (0.1) | 0.0 | 0.0 | 0.0 |
| Net Change in Cash - Total | (1.7) | (1.3) | 4.5 | (0.5) | (2.7) | (0.3) | 1.4 | 0.8 | (0.4) | 0.0 |
| Net Cash from Continuing Operations | (0.4) | (1.3) | 4.5 | (0.5) | (2.7) | (0.3) | 1.4 | 0.8 | (0.4) | 0.0 |
| Net Cash from Discontinued Operations | (1.3) | — | — | — | — | — | — | — | — | — |
| Net Cash - Beginning Balance | 0.8 | 2.1 | (2.4) | (1.9) | 0.9 | 1.2 | (0.2) | (1.0) | (0.6) | (0.7) |
| Net Cash - Ending Balance | (0.9) | 0.8 | 2.1 | (2.4) | (1.9) | 0.9 | 1.2 | (0.2) | (1.0) | (0.6) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 0.9 | 1.4 | 1.6 | 1.2 | 0.7 | 0.5 | 0.2 | 0.1 | 0.4 | 0.4 |
| Interest Paid - Cash Flow - Supplemental | 1.0 | 2.2 | 1.8 | 0.8 | 0.4 | 0.3 | 0.4 | 0.3 | 0.2 | 0.1 |
| Interest & Dividends - Received - Cash Flow - Supplemental | 0.4 | — | — | — | — | — | — | — | — | — |
| CF from Optg Activities before Change in WC & Int Payments | 7.3 | 8.7 | 7.3 | 6.4 | 4.5 | 3.4 | 3.2 | 2.4 | 1.2 | 1.3 |
| Contract Liabilities - Increase/(Decrease) - Cash Flow | — | (0.0) | (0.0) | 0.2 | (0.1) | 0.1 | 0.0 | 0.1 | — | — |
| Depreciation, Depletion & Amortization - Cash Flow | — | 3.1 | 2.3 | 1.6 | 1.2 | 0.9 | 0.8 | 0.6 | 0.4 | 0.3 |
| Free Cash Flow to Equity | 5.1 | 2.7 | 4.9 | 0.9 | (1.4) | 1.7 | 2.1 | 1.3 | 0.2 | 0.5 |
| Free Cash Flow Net of Dividends | (2.7) | 1.4 | 1.8 | (2.2) | (2.7) | 0.7 | 1.6 | 0.5 | (0.8) | (0.3) |
| Free Cash Flow | 4.2 | 4.0 | 3.1 | (0.8) | (1.7) | 1.6 | 2.1 | 0.9 | (0.4) | 0.0 |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 10 periods; the table above goes back further.