PAEL Pak Elektron Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 33.77 +0.12%
Annual · FY2007 – FY2025
Pak Elektron Limited (PAEL) cash flow statement
Operating activities generated -Rs 2.4 bn of cash in FY2025 (Jan – Dec 2025), down 1,135.7% on FY2024, -40% of the starting profit. Capital expenditure was Rs 2.5 bn, leaving free cash flow of -Rs 4.9 bn. Dividends paid to shareholders came to Rs 81,000. Overall, cash increased by Rs 47.4 mn.
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 * Jan – Dec 2020 | FY2019 * Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 | FY2015 * Jan – Dec 2015 | FY2014 Jan – Dec 2014 | FY2013 * Jan – Dec 2013 | FY2012 Jan – Dec 2012 | FY2011 * Jan – Dec 2011 | FY2010 Jan – Dec 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) | 6,036.5 | 4,132.4 | 3,303.8 | 2,348.2 | 2,206.4 | 355.9 | 211.3 | 1,557.3 | 3,603.5 | 4,119.4 | 3,514.2 | 2,545.3 | 774.9 | 160.9 | (1,802.2) | 261.2 | — | 634.5 | 707.4 |
| Depreciation & amortisation | 1,385.8 | 1,325.7 | 1,250.2 | 1,278.9 | 1,196.7 | 1,157.5 | 985.5 | 851.1 | 881.9 | 849.9 | 745.4 | 756.4 | 721.1 | 706.4 | 697.8 | 702.5 | — | 219.7 | 234.8 |
| Net cash from operating activities | (2,406.5) | 232.4 | 8,986.5 | (2,809.4) | (456.7) | 451.0 | 3,733.1 | (89.1) | 1,848.8 | 2,132.6 | 2,064.6 | (3,484.2) | 62.9 | (245.7) | 1,320.3 | (1,397.3) | — | (1,360.3) | 423.3 |
| Investing activities | |||||||||||||||||||
| Capital expenditure | (2,479.7) | (1,834.9) | (2,067.1) | (3,010.5) | (1,087.8) | (2,088.7) | (2,073.0) | (2,377.3) | (1,847.9) | (1,730.7) | (1,878.4) | (387.1) | (375.2) | (280.7) | (1,384.8) | (789.9) | — | (762.6) | (400.0) |
| Net cash from investing activities | (2,471.3) | (1,755.3) | (2,049.1) | (2,788.3) | (2,687.7) | (3,230.1) | (1,899.2) | (3,375.1) | (2,223.5) | (2,466.0) | (2,537.4) | (494.7) | (394.2) | (268.5) | (1,224.1) | (687.6) | — | (665.6) | (393.8) |
| Financing activities | |||||||||||||||||||
| Dividends paid | (0.1) | (0.4) | (0.0) | (0.1) | (3.7) | (0.6) | (3.6) | (591.3) | (1,611.4) | (619.5) | (493.6) | — | — | — | 0.0 | (21.1) | — | (57.5) | (57.5) |
| Borrowings raised / (repaid) | 4,924.7 | 1,831.1 | (6,949.4) | 2,690.2 | 1,385.1 | 2,795.9 | (1,995.6) | 3,932.6 | 1,903.0 | (1,483.3) | (423.3) | 1,876.7 | (1,435.4) | 568.7 | (278.1) | 2,326.4 | — | 1,981.2 | 115.6 |
| Net cash from financing activities | 4,924.6 | 1,830.8 | (6,949.4) | 5,814.4 | 3,171.4 | 2,795.3 | (1,812.0) | 3,451.2 | 306.7 | 307.9 | 710.4 | 4,041.1 | 392.7 | 568.7 | (278.1) | 2,305.3 | — | 1,923.7 | 58.1 |
| Net change in cash | 47.4 | 309.5 | (12.0) | 216.7 | 27.1 | 16.2 | 21.8 | (12.9) | (68.0) | (25.5) | 237.6 | 62.3 | 61.5 | 54.5 | (181.9) | 220.5 | — | (102.1) | 87.6 |
| Key figures | |||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (4,886.2) | (1,602.6) | 6,919.5 | (5,819.9) | (1,544.5) | (1,637.8) | 1,660.1 | (2,466.4) | 0.9 | 401.9 | 186.2 | (3,871.3) | (312.3) | (526.4) | (64.6) | (2,187.2) | — | (2,122.9) | 23.3 |
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 * Jan – Dec 2020 | FY2019 * Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 | FY2015 * Jan – Dec 2015 | FY2014 Jan – Dec 2014 | FY2013 * Jan – Dec 2013 | FY2012 Jan – Dec 2012 | FY2011 * Jan – Dec 2011 | FY2010 Jan – Dec 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) | +46.1% | +25.1% | +40.7% | +6.4% | +519.9% | +68.4% | -86.4% | -56.8% | -12.5% | +17.2% | +38.1% | +228.5% | +381.5% | — | -789.9% | — | — | -10.3% | — |
| Depreciation & amortisation | +4.5% | +6.0% | -2.2% | +6.9% | +3.4% | +17.5% | +15.8% | -3.5% | +3.8% | +14.0% | -1.5% | +4.9% | +2.1% | +1.2% | -0.7% | — | — | -6.4% | — |
| Net cash from operating activities | -1,135.7% | -97.4% | — | — | -201.3% | -87.9% | — | -104.8% | -13.3% | +3.3% | — | -5,635.0% | — | -118.6% | — | — | — | -421.3% | — |
| Investing activities | |||||||||||||||||||
| Capital expenditure | +35.1% | -11.2% | -31.3% | +176.8% | -47.9% | +0.8% | -12.8% | +28.7% | +6.8% | -7.9% | +385.3% | +3.2% | +33.7% | -79.7% | +75.3% | — | — | +90.6% | — |
| Net cash from investing activities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing activities | |||||||||||||||||||
| Dividends paid | -77.9% | +2,958.3% | -88.6% | -97.1% | +515.9% | -83.4% | -99.4% | -63.3% | +160.1% | +25.5% | — | — | — | — | -100.0% | — | — | 0.0% | — |
| Borrowings raised / (repaid) | +168.9% | — | -358.3% | +94.2% | -50.5% | — | -150.7% | +106.7% | — | — | -122.6% | — | -352.4% | — | -112.0% | — | — | +1,614.1% | — |
| Net cash from financing activities | +169.0% | — | -219.5% | +83.3% | +13.5% | — | -152.5% | +1,025.3% | -0.4% | -56.7% | -82.4% | +929.2% | -31.0% | — | -112.1% | — | — | +3,210.5% | — |
| Net change in cash | -84.7% | — | -105.5% | +699.0% | +67.5% | -25.8% | — | — | — | -110.7% | +281.5% | +1.3% | +12.8% | — | -182.5% | — | — | -216.5% | — |
| Key figures | |||||||||||||||||||
| Free cash flow (operating cash flow − capex) | — | -123.2% | — | — | — | -198.7% | — | -282,298.7% | -99.8% | +115.8% | — | — | — | — | — | — | — | -9,210.2% | — |
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 67
| Rs mn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 6,036.5 | 4,132.4 | 3,303.8 | 2,348.2 | 2,206.4 | 355.9 | 211.3 | 1,557.3 | 3,603.5 | 4,119.4 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 6,600.7 | 5,070.2 | 4,973.9 | 4,346.3 | 3,030.7 | 3,293.6 | 2,388.4 | 2,608.7 | 2,196.5 | 2,125.5 |
| Equity Income/(Loss) in Net Earnings - Cash Flow - to Reconcile | (3.0) | 4.1 | (0.2) | 0.4 | 0.9 | 2.2 | 2.8 | 2.5 | 5.4 | (0.3) |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 3,276.4 | 365.0 | 76.2 | (259.9) | 12.1 | 31.3 | 24.7 | 10.3 | 148.5 | 95.0 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 1,997.5 | 3,428.2 | 3,677.3 | 3,318.0 | 1,829.1 | 2,125.2 | 1,377.9 | 1,742.6 | 1,163.2 | 1,177.2 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 1,385.8 | 1,325.7 | 1,250.2 | 1,279.7 | 1,196.7 | 1,157.5 | 985.5 | 851.1 | 881.9 | 849.9 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 1,382.0 | 1,321.1 | 1,245.0 | 1,273.4 | 1,189.9 | 1,148.9 | 974.7 | 840.9 | 869.9 | 835.2 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | 3.8 | 4.6 | 5.2 | 5.5 | 6.8 | 8.6 | 10.8 | 10.2 | 12.1 | 14.7 |
| Impairment - Property, Plant & Equipment including Intangible Assets - Cash Flow - to Reconcile | — | — | 0.0 | 0.8 | — | — | — | — | — | — |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (41.9) | (36.7) | (15.2) | (7.2) | (6.6) | (12.3) | (2.9) | 2.5 | (3.7) | 6.8 |
| Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile | (14.1) | (16.1) | (14.3) | 15.3 | (1.5) | (10.3) | 0.5 | (0.2) | 1.3 | (3.1) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 2,761.5 | 1,315.2 | 829.1 | 1,006.7 | 863.3 | 575.5 | 229.3 | 809.6 | 867.5 | 660.9 |
| Interest Paid - Cash | 2,514.0 | 3,630.1 | 3,592.2 | 2,798.6 | 1,864.5 | 2,151.7 | 1,283.3 | 1,414.0 | 1,143.1 | 1,203.5 |
| Interest & Dividends - Received - Total - Cash Flow | 8.2 | — | — | — | — | — | — | — | — | — |
| Cash Flow from Operating Activities before Changes in Working Capital | 7,369.8 | 4,257.3 | 3,856.5 | 2,889.1 | 2,509.2 | 922.4 | 1,087.2 | 1,942.4 | 3,789.4 | 4,380.6 |
| Working Capital - Increase/(Decrease) - Cash Flow | (9,776.3) | (4,025.0) | 5,130.0 | (5,698.5) | (2,965.9) | (471.4) | 2,645.9 | (2,031.5) | (1,940.6) | (2,247.9) |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | (2,724.7) | (3,515.7) | 1,530.0 | (1,460.9) | (3,204.4) | (488.2) | 2,151.9 | 1,109.4 | (1,759.4) | (574.9) |
| Inventories - Decrease/(Increase) - Cash Flow | (8,064.0) | (1,331.7) | 2,108.6 | (3,328.7) | (976.9) | (1,733.1) | 592.7 | (2,751.6) | (246.4) | (1,689.7) |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | 579.3 | 244.8 | (93.2) | (679.3) | 1,341.9 | 551.7 | (128.5) | (193.7) | 109.1 | (48.6) |
| Other Assets - Decrease/(Increase) - Cash Flow | 31.7 | 351.5 | (151.0) | (103.1) | (210.3) | 777.4 | (786.4) | (138.5) | (115.5) | (32.0) |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 297.1 | 129.8 | 1,487.1 | (373.0) | (420.8) | 119.1 | 771.2 | (57.2) | 71.6 | 97.3 |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | 104.3 | 96.2 | 248.5 | 246.5 | 504.6 | 301.6 | 45.0 | — | — | — |
| Net Cash Flow from Operating Activities | (2,406.5) | 232.4 | 8,986.5 | (2,809.4) | (456.7) | 451.0 | 3,733.1 | (89.1) | 1,848.8 | 2,132.6 |
| Capital Expenditures - Net - Cash Flow | 2,385.3 | 1,768.5 | 2,018.0 | 2,772.5 | 779.4 | 2,056.2 | 1,905.0 | 2,341.0 | 1,817.9 | 1,693.0 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 2,385.3 | 1,768.5 | 2,016.7 | 2,771.0 | 779.4 | 2,056.2 | 1,901.2 | 2,333.0 | 1,814.0 | 1,693.0 |
| Property, Plant & Equipment - Purchased - Cash Flow | 2,479.7 | 1,834.9 | 2,065.8 | 3,009.0 | 1,087.8 | 2,088.7 | 2,069.2 | 2,369.3 | 1,844.0 | 1,730.7 |
| Property, Plant & Equipment Sold - Cash Flow | 94.4 | 66.5 | 49.1 | 238.0 | 308.4 | 32.6 | 168.0 | 36.3 | 30.0 | 37.7 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | — | 0.0 | 1.3 | 1.5 | 0.0 | 0.0 | 3.8 | 8.0 | 3.9 | 0.0 |
| Intangible Assets - Purchased/Acquired - Cash Flow | — | — | — | — | 0.0 | 0.0 | 3.8 | 8.0 | 3.9 | 0.0 |
| Intangible Assets - Net - Cash Flow | — | 0.0 | 1.3 | 1.5 | — | — | — | — | — | — |
| Capital Expenditures - Total | 2,479.7 | 1,834.9 | 2,067.1 | 3,010.5 | 1,087.8 | 2,088.7 | 2,073.0 | 2,377.3 | 1,847.9 | 1,730.7 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | — | — | — | — | — | — | — | — | 0.0 | 64.8 |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | — | — | — | — | — | — | — | — | 0.0 | 64.8 |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | — | — | — | — | — | — | — | — | 0.0 | 64.8 |
| Other Investing Cash Flow - Decrease/(Increase) | (86.0) | 13.2 | (31.1) | (15.8) | (1,908.2) | (1,173.9) | 5.8 | (1,034.0) | (405.6) | (837.8) |
| Net Cash Flow from Investing Activities | (2,471.3) | (1,755.3) | (2,049.1) | (2,788.3) | (2,687.7) | (3,230.1) | (1,899.2) | (3,375.1) | (2,223.5) | (2,466.0) |
| Dividends Paid - Cash - Total - Cash Flow | 0.1 | 0.4 | 0.0 | 0.1 | 3.7 | 0.6 | 3.6 | 591.3 | 1,611.4 | 619.5 |
| Stock - Total - Issuance/(Retirement) - Net - Cash Flow | — | — | 0.0 | 1,330.9 | — | — | — | — | 0.0 | 2,406.2 |
| Stock - Issuance/(Retirement) - Net - Excluding Options/Warrants - Cash Flow | — | — | 0.0 | 1,330.9 | — | — | — | — | 0.0 | 2,406.2 |
| Stock - Common - Issuance/(Retirement) - Net - Cash Flow | — | — | 0.0 | 1,330.9 | — | — | — | — | 0.0 | 2,406.2 |
| Stock - Common - Issued/Sold - Cash Flow | — | — | — | — | — | — | — | — | 0.0 | 2,406.2 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | 4,924.7 | 1,831.1 | (6,949.4) | 2,690.2 | 1,385.1 | 2,795.9 | (1,995.6) | 3,932.6 | 1,903.0 | (1,483.3) |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | 5,472.0 | (11.0) | (3,233.8) | 5,060.9 | (106.8) | (349.9) | (1,888.4) | 5,616.5 | 2,245.7 | 312.8 |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (547.3) | 1,842.2 | (3,715.7) | (2,370.7) | 1,491.9 | 3,145.7 | (107.2) | (1,683.9) | (342.7) | (1,796.0) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (74.6) | (74.5) | (95.1) | (176.3) | (172.6) | (153.5) | (96.9) | (92.1) | (71.2) | (104.2) |
| Debt - Issued - Long-Term - Cash Flow | 750.0 | 4,000.0 | 0.0 | 387.5 | 3,612.5 | 5,314.6 | 1,780.1 | 226.0 | 3,809.7 | 58.1 |
| Debt - Reduced - Long-Term - Cash Flow | 1,297.3 | 2,157.8 | 3,715.7 | 2,758.2 | 2,120.6 | 2,168.8 | 1,887.4 | 1,909.9 | 4,152.4 | 1,854.1 |
| 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 | 74.6 | 74.5 | 95.1 | 176.3 | 172.6 | 153.5 | 96.9 | 92.1 | 71.2 | 104.2 |
| Other Financing Cash Flow - Increase/(Decrease) | — | — | 0.0 | 1,793.3 | 1,790.0 | 0.0 | 187.2 | 109.9 | 15.1 | 4.4 |
| Net Cash Flow from Financing Activities | 4,924.6 | 1,830.8 | (6,949.4) | 5,814.4 | 3,171.4 | 2,795.3 | (1,812.0) | 3,451.2 | 306.7 | 307.9 |
| Non-Classified Cash Flows | — | — | — | — | 0.0 | — | — | — | — | — |
| Foreign Exchange Effects - Cash Flow | 0.6 | 1.7 | — | — | — | — | — | — | — | — |
| Net Change in Cash - Total | 47.4 | 309.5 | (12.0) | 216.7 | 27.1 | 16.2 | 21.8 | (12.9) | (68.0) | (25.5) |
| Net Cash from Continuing Operations | 47.4 | 309.5 | (12.0) | 216.7 | 27.1 | 16.2 | 21.8 | (12.9) | (68.0) | (25.5) |
| Net Cash - Beginning Balance | 1,093.6 | 784.1 | 796.1 | 579.4 | 552.3 | 536.1 | 357.9 | 484.2 | 552.2 | 577.7 |
| Net Cash - Ending Balance | 1,141.0 | 1,093.6 | 784.1 | 796.1 | 579.4 | 552.3 | 379.7 | 471.3 | 484.2 | 552.2 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 2,761.5 | 1,315.2 | 829.1 | 1,006.7 | 863.3 | 575.5 | 229.3 | 809.6 | 867.5 | 660.9 |
| Interest Paid - Cash Flow - Supplemental | 2,514.0 | 3,630.1 | 3,592.2 | 2,798.6 | 1,864.5 | 2,151.7 | 1,283.3 | 1,414.0 | 1,143.1 | 1,203.5 |
| Interest on Financial Leases Paid - Cash Flow - Supplemental | 24.0 | 22.0 | 20.1 | 10.3 | 29.2 | 44.4 | — | — | — | — |
| Interest & Dividends - Received - Cash Flow - Supplemental | 8.2 | — | — | — | — | — | — | — | — | — |
| CF from Optg Activities before Change in WC & Int Payments | 9,883.8 | 7,887.4 | 7,448.7 | 5,687.8 | 4,373.8 | 3,074.1 | 2,370.5 | 3,356.4 | 4,932.5 | 5,584.1 |
| Contract Assets - Decrease/(Increase) - Cash Flow | — | — | 172.7 | 9.8 | 269.2 | 630.7 | (161.8) | — | — | — |
| Common Stock Buyback - Net | — | — | 0.0 | (1,330.9) | — | — | — | — | 0.0 | (2,406.2) |
| Depreciation, Depletion & Amortization - Cash Flow | 1,385.8 | 1,325.7 | 1,250.2 | 1,278.9 | 1,196.7 | 1,157.5 | 985.5 | 851.1 | 881.9 | 849.9 |
| Free Cash Flow to Equity | 132.9 | 295.0 | 19.1 | (2,891.7) | 149.0 | 1,190.7 | (167.5) | 1,502.5 | 1,933.9 | (1,043.6) |
| Free Cash Flow Net of Dividends | (4,886.3) | (1,602.9) | 6,919.5 | (5,820.0) | (1,548.1) | (1,638.4) | 1,656.5 | (3,057.8) | (1,610.5) | (217.6) |
| Free Cash Flow | (4,886.2) | (1,602.6) | 6,919.5 | (5,819.9) | (1,544.5) | (1,637.8) | 1,660.1 | (2,466.4) | 0.9 | 401.9 |
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.