Last close · 16 Oct 2026
Rs 35.55 +1.34%
Financials
Nishat Chunian Limited (NCL) financials
20 years of annual results (FY2007 – FY2026), 80 quarters.
Nishat Chunian Limited (NCL) reported revenue of Rs 87.0 bn for FY2026 (Jul 2025 – Jun 2026), up 1.7% from FY2025.
Profit attributable to shareholders was Rs 1.6 bn (EPS Rs 6.50), up 107.7%, a net margin of 1.8%.
It declared a dividend of Rs 4.00 per share for FY2026.
Net debt stood at Rs 45.7 bn.
Return on equity was 7.0%.
Over the last five years revenue grew at a compound 7.2% a year.
At Rs 35.55 (close on 16 Oct 2026) the shares trade at 5.5× earnings (FY2026) and 0.37× book value, with a dividend yield of 11.3%.
Fundamentals
NCL at a glance
Revenue · FY2026
Rs 87.0 bn
▲ 1.7% year on year
Profit attributable to shareholders · FY2026
Rs 1.6 bn
▲ 107.7% year on year
EPS – basic (Rs) · FY2026
Rs 6.50
▲ 107.7% year on year
Dividend per share (Rs) · FY2026
Rs 4.00
▲ 100.0% year on year
Net margin · FY2026
1.8%
+0.9 pts year on year
Debt to equity · FY2026
202.4%
-11.7 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 87.0 bn
- Profit attributable · FY2026
- Rs 1.6 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 78.3 bn
- Equity · FY2026
- Rs 22.9 bn
Financial highlights
NCL financial results
| 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 87.0 | 85.5 | 89.0 | 70.9 | 88.0 | 61.5 | 49.6 | 55.0 | 53.0 | 46.5 |
| Gross profit | 10.8 | 9.0 | 11.1 | 7.1 | 16.8 | 12.9 | 11.1 | 10.3 | 9.3 | 7.7 |
| Operating profit | 7.8 | 6.0 | 8.2 | 4.8 | 13.3 | 10.8 | 9.6 | 10.0 | 8.6 | 6.5 |
| Profit after tax | 1.6 | 0.8 | 0.7 | (0.8) | 9.9 | 8.1 | 4.1 | 5.6 | 5.5 | 3.9 |
| Profit attributable to shareholders | 1.6 | 0.8 | 0.7 | (0.9) | 8.6 | 6.9 | 1.9 | 3.9 | 3.8 | 2.5 |
| EPS – basic (Rs) Rs | 6.50 | 3.13 | 2.96 | (3.63) | 35.92 | 28.56 | 7.75 | 16.26 | 15.84 | 10.21 |
| Dividend per share (Rs) Rs | 4.00 | 2.00 | 0.00 | 0.00 | 7.00 | 5.00 | 1.00 | 4.00 | 4.00 | 2.75 |
| Total assets | 78.3 | 76.4 | 68.7 | 69.7 | 93.7 | 83.4 | 77.1 | 74.5 | 68.5 | 61.3 |
| Total equity | 22.9 | 21.8 | 21.3 | 20.6 | 46.8 | 38.9 | 31.0 | 27.5 | 24.1 | 19.4 |
| Total debt | 46.3 | 46.7 | 39.8 | 42.6 | 39.6 | 38.4 | 40.2 | 41.9 | 40.7 | 39.2 |
| Net cash from operating activities | 6.2 | (5.2) | 4.3 | (12.0) | 15.3 | 5.1 | 4.1 | 1.9 | 0.2 | 0.2 |
| Capital expenditure | (5.1) | (1.0) | (2.1) | (2.8) | (7.5) | (1.9) | (2.0) | (1.7) | (1.0) | (4.7) |
| Free cash flow (operating cash flow − capex) | 1.0 | (6.1) | 2.1 | (14.8) | 7.9 | 3.1 | 2.1 | 0.2 | (0.7) | (4.5) |
| 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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 87.0 | 22.0 | 21.8 | 20.3 | 22.9 | 18.1 | 23.4 | 20.7 | 23.3 |
| Gross profit | 10.8 | 2.8 | 2.9 | 2.5 | 2.7 | 1.9 | 2.5 | 2.4 | 2.2 |
| Operating profit | 7.8 | 1.9 | 2.2 | 1.8 | 2.0 | 1.3 | 1.7 | 1.8 | 1.8 |
| Profit after tax | 1.6 | 0.4 | 0.6 | (0.0) | 0.5 | 0.0 | 0.5 | 0.2 | 0.0 |
| Profit attributable to shareholders | 1.6 | 0.4 | 0.6 | (0.0) | 0.5 | 0.0 | 0.5 | 0.2 | 0.0 |
| EPS – basic (Rs) Rs | 6.50 | 1.86 | 2.62 | (0.13) | 2.15 | 0.11 | 1.94 | 0.93 | 0.15 |
| Dividend per share (Rs) Rs | 4.00 | 3.00 | 0.00 | 1.00 | 0.00 | 1.00 | 0.00 | 1.00 | 0.00 |
| Total assets | 78.3 | 78.3 | 86.9 | 90.8 | 86.1 | 76.4 | 72.0 | 73.6 | 69.2 |
| Total equity | 22.9 | 22.9 | 22.4 | 22.0 | 22.3 | 21.8 | 21.8 | 21.5 | 21.3 |
| Total debt | 46.8 | 46.8 | 55.0 | 58.2 | 55.3 | 47.2 | 42.6 | 43.8 | 39.8 |
| Net cash from operating activities | 6.2 | 8.1 | 6.1 | (0.2) | (7.8) | (4.5) | 1.6 | (3.1) | 0.8 |
| Capital expenditure | (5.2) | (0.0) | (2.5) | (2.4) | (0.3) | (0.2) | (0.2) | (0.6) | 0.0 |
| Free cash flow (operating cash flow − capex) | 1.0 | 8.1 | 3.7 | (2.6) | (8.1) | (4.7) | 1.4 | (3.7) | 0.8 |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. Updated 16 Oct 2026.