NESTLE Nestle Pakistan Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 6,991.08 -0.09%
Quarterly · Q3 FY2021 – Q2 FY2026
Nestle Pakistan Limited (NESTLE) quarterly cash flow statement
Operating activities generated -Rs 2.0 bn of cash in Q2 FY2026 (Apr – Jun 2026), down 166.0% on Q2 FY2025, -22% of the starting profit. Capital expenditure was Rs 311.4 mn, leaving free cash flow of -Rs 2.3 bn. Dividends paid to shareholders came to Rs 11.6 bn. Overall, cash decreased by Rs 6.7 bn.
| 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) | 30.8 | 9.0 | 9.5 | 5.3 | 7.0 | 8.9 | 8.5 | 4.5 | 4.2 | 8.1 | 8.5 | 4.0 | 7.5 | 9.3 | 8.3 | 4.6 | 5.2 | 6.7 | 6.3 | 5.2 | 4.7 |
| Depreciation & amortisation | 4.6 | 1.2 | 1.2 | 1.2 | 1.1 | 1.1 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.9 | 1.0 | 1.0 | 1.0 | 1.0 | 0.9 | 0.9 | 1.0 | 0.9 |
| Net cash from operating activities | 26.4 | (2.0) | 1.0 | 9.8 | 17.6 | 3.0 | 4.5 | 11.1 | 12.8 | 4.1 | 3.5 | 7.3 | 13.2 | 6.9 | (1.5) | 0.6 | 9.0 | 5.9 | 0.8 | 2.8 | 9.2 |
| Investing activities | |||||||||||||||||||||
| Capital expenditure | (3.8) | (0.3) | (0.4) | (1.9) | (1.1) | (0.9) | (1.0) | (1.5) | (1.4) | (0.8) | (0.7) | (1.6) | (1.9) | (0.4) | (0.3) | (0.5) | (2.3) | (0.3) | (0.3) | (1.1) | (0.7) |
| Net cash from investing activities | (3.4) | 7.0 | 2.0 | (11.4) | (1.0) | (0.9) | (1.0) | (1.5) | (1.4) | (0.8) | (0.7) | (1.6) | (1.7) | (0.4) | (0.3) | (0.1) | (2.3) | (0.3) | (0.3) | (1.1) | (0.7) |
| Financing activities | |||||||||||||||||||||
| Dividends paid | (25.2) | (11.6) | 0.0 | (3.5) | (10.1) | (1.4) | 0.0 | (1.1) | (5.0) | (8.4) | 0.0 | (7.0) | (7.9) | (1.7) | (0.0) | (1.7) | (3.1) | (4.1) | (2.0) | (4.7) | (2.1) |
| Borrowings raised / (repaid) | (3.7) | (0.1) | (1.6) | 0.1 | (2.2) | (0.1) | (1.3) | (6.9) | (6.6) | 7.0 | (2.7) | 0.9 | (5.6) | 0.0 | 1.4 | 0.0 | (2.9) | (0.9) | 2.8 | (0.1) | (5.5) |
| Net cash from financing activities | (28.9) | (11.7) | (1.6) | (3.4) | (12.3) | (1.5) | (1.3) | (8.0) | (11.6) | (1.4) | (2.7) | (6.1) | (13.5) | (1.6) | 1.4 | (1.7) | (6.0) | (5.0) | 0.8 | (4.8) | (7.7) |
| Net change in cash | (6.0) | (6.7) | 1.4 | (5.0) | 4.3 | 0.6 | 2.3 | 1.7 | (0.1) | 1.9 | 0.2 | (0.4) | (2.1) | 4.8 | (0.4) | (2.4) | 0.7 | 0.6 | 1.4 | (3.1) | 0.8 |
| Key figures | |||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | 22.6 | (2.3) | 0.6 | 7.9 | 16.4 | 2.1 | 3.5 | 9.6 | 11.4 | 3.3 | 2.8 | 5.7 | 11.3 | 6.5 | (1.8) | 0.2 | 6.7 | 5.6 | 0.5 | 1.7 | 8.5 |
| 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) | +0.4% | +12.4% | +18.1% | +67.2% | +9.7% | +0.0% | +12.1% | -43.9% | -12.5% | +2.0% | -13.6% | +44.6% | +38.7% | +31.6% | -10.0% | +10.7% | +86.0% | +38.7% | +34.1% | +42.2% |
| Depreciation & amortisation | +7.7% | +12.0% | +13.0% | +11.6% | +8.6% | +6.0% | -0.8% | -48.7% | +3.7% | +1.2% | +1.7% | +102.5% | +1.8% | +2.5% | +2.9% | +7.6% | -5.4% | -6.0% | -5.3% | -13.4% |
| Net cash from operating activities | -166.0% | -78.8% | -11.7% | +36.9% | -26.9% | +29.2% | +52.7% | -2.7% | -40.3% | — | +1,073.8% | +46.0% | +17.0% | -275.1% | -77.6% | -2.3% | +12.0% | — | -58.6% | -6.4% |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | -66.2% | -64.4% | +29.0% | -18.1% | +11.8% | +49.1% | -4.7% | -26.4% | +106.6% | +110.7% | +243.5% | -19.6% | +36.1% | +12.8% | -57.9% | +216.1% | -44.7% | +20.4% | -30.0% | -14.7% |
| Net cash from investing activities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | +753.1% | — | +210.7% | +100.9% | -83.8% | — | -83.7% | -36.6% | +406.4% | -100.0% | +307.0% | +154.1% | -59.5% | -99.9% | -63.5% | +46.4% | +47.0% | — | +111.5% | -55.3% |
| Borrowings raised / (repaid) | — | — | — | — | -101.4% | — | -883.4% | — | +44,068.3% | -293.4% | — | — | — | -51.4% | — | — | -195.9% | +475.8% | — | — |
| Net cash from financing activities | — | — | — | — | — | — | — | — | — | -293.6% | — | — | — | +65.6% | — | — | — | +68.7% | — | — |
| Net change in cash | -1,139.9% | -39.5% | -398.2% | — | -66.5% | +1,366.0% | — | — | -59.9% | — | — | -395.9% | +741.1% | -129.2% | — | -8.5% | -80.9% | — | -500.0% | — |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | -210.1% | -83.0% | -18.1% | +43.6% | -36.6% | +24.4% | +68.5% | +1.3% | -49.3% | — | +3,448.0% | +68.9% | +15.9% | -427.1% | -90.4% | -21.3% | +18.3% | — | -67.4% | -5.5% |
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. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.
All reported line items 57
| Rs bn | 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 | 9.0 | 9.5 | 5.3 | 7.0 | 8.9 | 8.5 | 4.5 | 4.2 | 8.1 | 8.5 | 4.0 | 7.5 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 1.5 | 0.6 | 1.7 | 2.5 | 1.8 | 0.0 | 0.9 | 2.0 | 2.7 | 0.8 | 2.6 | 1.9 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 0.3 | (0.4) | 0.6 | 0.8 | 0.6 | (1.2) | (0.4) | 0.3 | 0.9 | (0.9) | 1.0 | (0.8) |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 0.0 | (0.2) | 0.1 | 0.1 | 0.2 | 0.2 | 0.3 | 0.7 | 0.8 | 0.8 | 0.7 | 0.5 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 1.2 | 1.1 | 1.2 | 1.5 | 1.1 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 2.3 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 1.1 | 1.1 | 1.1 | 1.1 | 1.1 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.9 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | 0.0 | — | — |
| Impairment - Property, Plant & Equipment including Intangible Assets - Cash Flow - to Reconcile | 0.0 | (0.0) | 0.0 | 0.4 | — | — | (0.0) | — | — | — | (0.0) | 0.4 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (0.0) | 0.0 | (0.2) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.1) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 5.5 | 2.7 | 5.2 | 1.0 | 3.8 | 0.9 | 4.7 | 1.6 | 4.9 | 1.6 | 7.4 | 0.2 |
| Interest Paid - Cash | — | 0.0 | 0.3 | 0.1 | 0.1 | 0.2 | 0.3 | 1.1 | 0.3 | 0.9 | 0.4 | 0.5 |
| Interest & Dividends - Received - Total - Cash Flow | 0.1 | 0.3 | — | — | — | — | — | — | — | — | — | — |
| Cash Flow from Operating Activities before Changes in Working Capital | 5.0 | 7.6 | 1.5 | 8.4 | 6.8 | 7.3 | 0.4 | 3.4 | 5.6 | 6.8 | (1.1) | 8.6 |
| Working Capital - Increase/(Decrease) - Cash Flow | (7.0) | (6.7) | 8.4 | 9.2 | (3.8) | (2.8) | 10.7 | 9.4 | (1.5) | (3.3) | 8.4 | 4.6 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | 1.0 | (1.5) | 0.3 | 1.1 | (1.8) | (0.6) | 1.3 | 3.4 | (1.7) | (2.8) | 0.5 | 1.7 |
| Inventories - Decrease/(Increase) - Cash Flow | (3.0) | (8.3) | 3.8 | 5.4 | (1.9) | (5.4) | 3.3 | 5.2 | 2.7 | (4.6) | (0.5) | 6.2 |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | (0.1) | (3.2) | (0.4) | (1.3) | 1.9 | (0.9) | (6.0) | 8.3 | (0.9) | 0.6 | 1.6 | (0.5) |
| Other Assets - Decrease/(Increase) - Cash Flow | (0.2) | 1.1 | 0.8 | 1.8 | (2.0) | 1.9 | 8.8 | — | 2.1 | 0.5 | — | — |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | (4.7) | 5.1 | 3.3 | 2.4 | 0.2 | 2.6 | 2.8 | (7.4) | (3.3) | 2.8 | 6.7 | (3.0) |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | 0.1 | 0.1 | 0.6 | (0.2) | (0.2) | (0.4) | 0.5 | (0.0) | (0.4) | 0.2 | 0.2 | 0.2 |
| Net Cash Flow from Operating Activities | (2.0) | 1.0 | 9.8 | 17.6 | 3.0 | 4.5 | 11.1 | 12.8 | 4.1 | 3.5 | 7.3 | 13.2 |
| Capital Expenditures - Net - Cash Flow | 0.3 | 0.4 | 1.8 | 1.0 | 0.9 | 1.0 | 1.5 | 1.4 | 0.8 | 0.7 | 1.6 | 1.7 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 0.3 | 0.4 | 1.8 | 1.0 | 0.9 | 1.0 | 1.5 | 1.4 | 0.8 | 0.7 | 1.6 | 1.7 |
| Property, Plant & Equipment - Purchased - Cash Flow | 0.3 | 0.4 | 1.9 | 1.1 | 0.9 | 1.0 | 1.5 | 1.4 | 0.8 | 0.7 | 1.6 | 1.9 |
| Property, Plant & Equipment Sold - Cash Flow | 0.0 | 0.0 | 0.1 | 0.2 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.2 |
| Capital Expenditures - Total | 0.3 | 0.4 | 1.9 | 1.1 | 0.9 | 1.0 | 1.5 | 1.4 | 0.8 | 0.7 | 1.6 | 1.9 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | 7.3 | 2.3 | (9.6) | — | — | — | — | — | — | — | — | — |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | 7.3 | 2.3 | (9.6) | — | — | — | — | — | — | — | — | — |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | 7.3 | 2.3 | — | — | — | — | — | — | — | — | — | — |
| Other Investing Cash Flow - Decrease/(Increase) | — | — | 0.0 | (0.0) | — | — | — | — | — | — | (0.0) | — |
| Net Cash Flow from Investing Activities | 7.0 | 2.0 | (11.4) | (1.0) | (0.9) | (1.0) | (1.5) | (1.4) | (0.8) | (0.7) | (1.6) | (1.7) |
| Dividends Paid - Cash - Total - Cash Flow | 11.6 | 0.0 | 3.5 | 10.1 | 1.4 | 0.0 | 1.1 | 5.0 | 8.4 | 0.0 | 7.0 | 7.9 |
| Dividends - Common - Cash Paid | 11.6 | 0.0 | 3.5 | 10.1 | 1.4 | 0.0 | 1.1 | 5.0 | 8.4 | 0.0 | 7.0 | 7.9 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | (0.1) | (1.6) | 0.1 | (2.2) | (0.1) | (1.3) | (6.9) | (6.6) | 7.0 | (2.7) | 0.9 | (5.6) |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | 0.0 | 0.0 | 0.0 | (2.0) | 0.0 | 1.8 | (3.3) | (6.4) | 7.0 | (2.6) | 6.0 | (0.4) |
| Debt - Issued - Short-Term - Cash Flow | 0.0 | 0.0 | 0.0 | — | 2.0 | 1.8 | 0.0 | 4.9 | 11.0 | 1.4 | 9.0 | 11.5 |
| Debt - Reduced - Short-Term - Cash Flow | — | — | 0.0 | 2.0 | 2.0 | 0.0 | 3.3 | 11.3 | 4.0 | 4.0 | 3.0 | 11.9 |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (0.1) | (1.6) | 0.1 | (0.2) | (0.1) | (3.1) | (3.6) | (0.2) | (0.0) | (0.1) | (5.1) | (5.2) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (0.1) | (0.1) | 0.1 | (0.2) | (0.1) | (0.1) | (0.1) | (0.2) | (0.0) | (0.1) | (0.1) | (0.0) |
| Debt - Issued - Long-Term - Cash Flow | — | — | — | — | — | 0.0 | — | — | 0.0 | 0.0 | 5.4 | — |
| Debt - Reduced - Long-Term - Cash Flow | 0.1 | 1.6 | — | — | — | 3.1 | — | — | 0.0 | 0.1 | 10.5 | 5.2 |
| 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 | 0.1 | — | — | — | 0.1 | — | — | 0.0 | 0.1 | 0.1 | 0.0 |
| Other Financing Cash Flow - Increase/(Decrease) | — | — | — | — | — | — | — | — | — | — | (0.0) | — |
| Net Cash Flow from Financing Activities | (11.7) | (1.6) | (3.4) | (12.3) | (1.5) | (1.3) | (8.0) | (11.6) | (1.4) | (2.7) | (6.1) | (13.5) |
| Net Change in Cash - Total | (6.7) | 1.4 | (5.0) | 4.3 | 0.6 | 2.3 | 1.7 | (0.1) | 1.9 | 0.2 | (0.4) | (2.1) |
| Net Cash from Continuing Operations | (6.7) | 1.4 | (5.0) | 4.3 | 0.6 | 2.3 | 1.7 | (0.1) | 1.9 | 0.2 | (0.4) | (2.1) |
| Net Cash - Beginning Balance | 5.3 | 3.9 | 8.9 | 4.6 | 3.9 | 1.7 | 0.0 | 0.1 | (1.8) | (1.9) | (1.6) | 5.3 |
| Net Cash - Ending Balance | (1.4) | 5.3 | 3.9 | 8.9 | 4.6 | 3.9 | 1.7 | 0.0 | 0.1 | (1.8) | (1.9) | 3.2 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 5.5 | 2.7 | 5.2 | 1.0 | 3.8 | 0.9 | 4.7 | 1.6 | 4.9 | 1.6 | 7.4 | 0.2 |
| Interest Paid - Cash Flow - Supplemental | — | 0.0 | 0.3 | 0.1 | 0.1 | 0.2 | 0.3 | 1.1 | 0.3 | 0.9 | 0.4 | 0.5 |
| Interest & Dividends - Received - Cash Flow - Supplemental | 0.1 | 0.3 | — | — | — | — | — | — | — | — | — | — |
| CF from Optg Activities before Change in WC & Int Payments | 5.0 | 7.7 | 1.8 | 8.5 | 6.9 | 7.6 | 0.7 | 4.6 | 6.0 | 7.6 | (0.8) | 9.1 |
| Contract Liabilities - Increase/(Decrease) - Cash Flow | 0.1 | 0.1 | 0.6 | (0.2) | (0.2) | (0.4) | 0.5 | (0.0) | (0.4) | 0.2 | 0.2 | 0.2 |
| Depreciation, Depletion & Amortization - Cash Flow | 1.2 | 1.2 | 1.2 | 1.1 | 1.1 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.0 | 1.9 |
| Free Cash Flow to Equity | (2.4) | (1.0) | 8.2 | 14.4 | 2.0 | 2.3 | 2.8 | 4.9 | 10.3 | 0.2 | 6.6 | 5.9 |
| Free Cash Flow Net of Dividends | (13.9) | 0.6 | 4.4 | 6.3 | 0.7 | 3.5 | 8.5 | 6.4 | (5.1) | 2.8 | (1.2) | 3.4 |
| Free Cash Flow | (2.3) | 0.6 | 7.9 | 16.4 | 2.1 | 3.5 | 9.6 | 11.4 | 3.3 | 2.8 | 5.7 | 11.3 |
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.