RCML Reliance Cotton Spinning Mills Limited
Latest results: FY2025 · Jun 2025 Q2 FY2026 · Oct – Dec 2025
Quarterly · Q3 FY2021 – Q2 FY2026
Reliance Cotton Spinning Mills Limited (RCML) quarterly cash flow statement
Operating activities generated -Rs 866.0 mn of cash in Q2 FY2026 (Oct – Dec 2025), down 151.1% on Q2 FY2025, -233% of the starting profit. Capital expenditure was Rs 134.1 mn, leaving free cash flow of -Rs 1.0 bn. Dividends paid to shareholders came to Rs 63.7 mn. Overall, cash decreased by Rs 305.1 mn.
| Rs mn | TTM to Dec 2025 | 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 | Q4 FY2021 Apr – Jun 2021 | Q3 FY2021 Jan – Mar 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | 1,515.8 | 372.0 | 715.8 | 26.8 | 401.1 | 220.3 | 568.6 | 324.0 | 207.8 | 338.1 | 450.6 | (318.7) | 497.1 | 226.8 | 594.9 | 554.5 | 902.2 | 738.6 | 742.7 | 646.0 | 399.2 |
| Depreciation & amortisation | 558.1 | 141.9 | 130.7 | 143.5 | 141.9 | 203.6 | 98.8 | 104.2 | 94.0 | 90.7 | 73.4 | 83.0 | 74.2 | 67.4 | 61.1 | 65.5 | 61.2 | 59.0 | 52.1 | 53.2 | 51.2 |
| Net cash from operating activities | (3,118.4) | (866.0) | (1,538.7) | 728.2 | (1,441.8) | 1,694.3 | 37.0 | 1,772.2 | 283.7 | 921.2 | (942.7) | 440.3 | (672.5) | (58.2) | 218.5 | 1,185.1 | 692.5 | (606.8) | (767.2) | 778.0 | 560.7 |
| Investing activities | |||||||||||||||||||||
| Capital expenditure | (1,161.7) | (134.1) | (192.9) | (561.1) | (273.7) | (439.9) | (49.6) | (52.5) | (43.2) | (399.0) | (458.7) | (84.4) | (126.4) | (352.8) | (80.6) | (569.9) | (249.8) | (111.3) | (395.0) | — | (342.7) |
| Net cash from investing activities | (546.0) | 1.6 | (152.1) | (954.0) | 558.5 | (439.8) | (46.7) | (52.5) | (31.9) | (349.0) | (452.5) | (537.2) | (125.7) | (343.9) | (79.9) | (568.5) | (251.8) | (99.9) | (393.6) | 88.1 | (342.7) |
| Financing activities | |||||||||||||||||||||
| Dividends paid | — | (63.7) | — | 0.0 | 0.0 | (41.1) | — | 0.0 | 0.0 | (41.1) | — | 0.0 | (0.3) | (76.8) | (0.1) | (0.0) | 0.0 | (51.2) | — | — | (0.0) |
| Borrowings raised / (repaid) | 3,885.4 | 623.1 | 1,677.7 | 579.7 | 1,004.9 | (1,202.9) | 11.7 | (1,661.8) | (308.6) | (548.9) | 1,456.3 | 125.6 | 853.0 | 506.5 | (78.6) | (556.9) | (502.1) | 782.6 | 1,157.7 | (870.4) | (218.2) |
| Net cash from financing activities | 3,821.7 | 559.4 | 1,677.7 | 579.7 | 1,004.9 | (1,244.0) | 11.7 | (1,661.8) | (308.6) | (590.0) | 1,456.3 | 125.6 | 852.7 | 429.7 | (78.7) | (556.9) | (502.1) | 731.4 | 1,157.7 | (870.4) | (218.2) |
| Net change in cash | 157.3 | (305.1) | (13.1) | 353.9 | 121.6 | 10.5 | 2.0 | 57.8 | (56.7) | (17.9) | 61.1 | 28.8 | 54.5 | 27.7 | 59.9 | 59.7 | (61.4) | 24.7 | (3.1) | (4.3) | (0.2) |
| Key figures | |||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (4,280.1) | (1,000.1) | (1,731.6) | 167.1 | (1,715.5) | 1,254.4 | (12.6) | 1,719.6 | 240.5 | 522.2 | (1,401.4) | 356.0 | (798.9) | (410.9) | 137.8 | 615.2 | 442.7 | (718.0) | (1,162.2) | — | 218.0 |
| Rs mn | 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 | Q4 FY2021 Apr – Jun 2021 | Q3 FY2021 Jan – Mar 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | +68.9% | +25.9% | -91.7% | +93.0% | -34.8% | +26.2% | — | -58.2% | +49.1% | -24.3% | -157.5% | -44.9% | -69.3% | -19.9% | -14.2% | +126.0% | +255.4% | +314.0% | +696.3% | +329.4% |
| Depreciation & amortisation | -30.3% | +32.3% | +37.7% | +50.9% | +124.4% | +34.6% | +25.5% | +26.8% | +34.7% | +20.2% | +26.7% | +21.2% | +14.2% | +17.2% | +23.1% | +19.6% | +16.1% | +3.3% | -1.4% | +1.2% |
| Net cash from operating activities | -151.1% | -4,258.1% | -58.9% | -608.1% | +83.9% | — | +302.5% | — | — | -531.5% | -62.8% | -197.1% | — | — | +52.3% | +23.5% | -317.1% | -547.5% | +314.8% | +216.7% |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | -69.5% | +288.8% | +968.0% | +532.9% | +10.3% | -89.2% | -37.7% | -65.8% | +13.1% | +468.9% | -85.2% | -49.4% | +217.1% | -79.6% | — | -27.1% | +210.1% | +1,282.4% | — | +467.6% |
| Net cash from investing activities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -745.3% | — | — | — | — | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | +55.0% | — | — | — | +0.0% | — | — | -100.0% | -46.5% | — | -100.0% | — | +50.0% | — | — | -100.0% | +167,940.5% | — | — | — |
| Borrowings raised / (repaid) | — | +14,230.6% | — | — | — | -99.2% | -1,422.9% | -136.2% | -208.4% | — | — | — | -35.3% | -106.8% | — | — | — | — | — | — |
| Net cash from financing activities | — | +14,230.6% | — | — | — | -99.2% | -1,422.9% | -136.2% | -237.3% | — | — | — | -41.2% | -106.8% | — | — | — | — | — | — |
| Net change in cash | -2,995.9% | -758.4% | +511.9% | — | — | -96.7% | +101.0% | -204.0% | -164.7% | +2.1% | -51.9% | — | +12.1% | — | — | — | — | -123.5% | — | -147.7% |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | -179.7% | — | -90.3% | -813.3% | +140.2% | — | +383.1% | — | — | -1,116.7% | -42.1% | -280.5% | — | — | — | +103.1% | -394.7% | -913.6% | — | +86.9% |
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 50
| Rs mn | 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 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 372.0 | 715.8 | 26.8 | 401.1 | 220.3 | 568.6 | 324.0 | 207.8 | 338.1 | 450.6 | (318.7) | 497.1 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 300.0 | 240.1 | 425.3 | (97.8) | 404.6 | 171.6 | 310.8 | 315.4 | 234.7 | 199.4 | 413.4 | 77.9 |
| Equity Income/(Loss) in Net Earnings - Cash Flow - to Reconcile | (5.7) | (111.1) | 186.3 | (104.2) | (25.9) | (56.1) | 129.6 | (16.0) | (14.0) | (99.6) | 217.1 | (98.0) |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | (63.8) | 41.6 | 60.4 | 27.7 | (39.0) | 33.8 | (68.0) | 20.4 | (28.8) | 29.8 | (37.4) | 29.5 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 230.2 | 173.0 | 151.0 | 98.8 | 266.0 | 97.3 | 144.8 | 213.0 | 227.2 | 196.6 | 151.0 | 72.5 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 141.9 | 130.7 | 143.5 | 141.9 | 203.6 | 98.8 | 104.2 | 94.0 | 90.7 | 73.4 | 83.0 | 74.2 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 141.9 | 130.7 | 143.5 | 141.9 | 203.6 | 98.8 | 104.2 | 94.0 | 90.7 | 73.4 | 83.0 | 74.2 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (2.6) | 5.9 | (108.0) | (261.9) | 0.0 | (2.1) | (0.0) | 4.1 | (40.3) | (0.9) | (0.2) | (0.4) |
| Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile | (0.1) | — | (7.8) | (0.0) | (0.1) | — | 0.2 | (0.1) | (0.1) | — | — | 0.2 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 162.5 | 219.5 | 247.7 | 98.6 | 80.3 | (76.1) | 117.7 | 22.4 | 13.4 | 28.0 | 33.4 | 6.8 |
| Interest Paid - Cash | 255.6 | 134.3 | 171.6 | 118.2 | 384.2 | 97.4 | 195.9 | 243.8 | 197.7 | 185.7 | 118.1 | 66.1 |
| Interest & Dividends - Received - Total - Cash Flow | 22.1 | 5.6 | — | 10.0 | 21.0 | 0.5 | 0.9 | 0.2 | 10.7 | 0.2 | 2.3 | 0.3 |
| Cash Flow from Operating Activities before Changes in Working Capital | 276.0 | 607.7 | 32.9 | 96.4 | 181.4 | 719.4 | 322.1 | 257.3 | 372.4 | 436.5 | (54.6) | 502.4 |
| Working Capital - Increase/(Decrease) - Cash Flow | (1,142.0) | (2,146.4) | 695.3 | (1,538.2) | 1,512.9 | (682.4) | 1,450.1 | 26.5 | 548.7 | (1,379.2) | 494.9 | (1,174.9) |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | 457.1 | (1,106.4) | 115.2 | (531.6) | 1,237.4 | (1,187.7) | 356.7 | (412.8) | 294.8 | (223.1) | 367.5 | (634.8) |
| Inventories - Decrease/(Increase) - Cash Flow | (420.4) | (2,445.1) | 214.9 | (1,898.0) | (463.3) | 98.3 | 1,116.2 | 409.2 | 144.6 | (789.5) | (22.4) | (450.3) |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | (1,079.7) | 1,756.0 | 176.6 | 571.9 | 745.5 | 374.6 | (6.3) | 19.8 | 206.0 | (433.4) | 116.8 | (54.7) |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | (99.0) | (350.9) | 188.6 | 319.5 | (6.6) | 32.4 | (16.5) | 10.2 | (96.7) | 66.9 | 33.0 | (35.1) |
| Net Cash Flow from Operating Activities | (866.0) | (1,538.7) | 728.2 | (1,441.8) | 1,694.3 | 37.0 | 1,772.2 | 283.7 | 921.2 | (942.7) | 440.3 | (672.5) |
| Capital Expenditures - Net - Cash Flow | (1.5) | 152.0 | 49.7 | (558.5) | 439.9 | 46.6 | 52.5 | 31.9 | 349.0 | 452.6 | 81.7 | 125.7 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | (1.5) | 152.0 | 49.7 | (558.5) | 439.9 | 46.6 | 52.5 | 31.9 | 349.0 | 452.6 | 81.7 | 125.7 |
| Property, Plant & Equipment - Purchased - Cash Flow | 134.1 | 192.9 | 561.1 | 273.7 | 439.9 | 49.6 | 52.5 | 43.2 | 399.0 | 458.7 | 84.4 | 126.4 |
| Property, Plant & Equipment Sold - Cash Flow | 135.6 | 40.9 | 511.4 | 832.2 | — | 3.0 | 0.0 | 11.4 | 50.0 | 6.1 | 2.7 | 0.7 |
| Capital Expenditures - Total | 134.1 | 192.9 | 561.1 | 273.7 | 439.9 | 49.6 | 52.5 | 43.2 | 399.0 | 458.7 | 84.4 | 126.4 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | 0.0 | (0.0) | (900.6) | — | 0.1 | (0.1) | — | — | (0.1) | 0.1 | (454.7) | — |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | 0.0 | (0.0) | (900.6) | — | 0.1 | (0.1) | — | — | (0.1) | 0.1 | (454.7) | — |
| Investment Securities - Purchased - Unclassified - Cash Flow | — | — | 900.6 | — | — | — | — | — | — | — | — | — |
| Other Investing Cash Flow - Decrease/(Increase) | — | — | (3.8) | — | — | — | — | 0.0 | — | — | (0.8) | 0.0 |
| Net Cash Flow from Investing Activities | 1.6 | (152.1) | (954.0) | 558.5 | (439.8) | (46.7) | (52.5) | (31.9) | (349.0) | (452.5) | (537.2) | (125.7) |
| Dividends Paid - Cash - Total - Cash Flow | 63.7 | — | 0.0 | 0.0 | 41.1 | — | 0.0 | 0.0 | 41.1 | — | 0.0 | 0.3 |
| Dividends - Common - Cash Paid | 63.7 | — | 0.0 | 0.0 | 41.1 | — | 0.0 | 0.0 | 41.1 | — | 0.0 | 0.3 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | 623.1 | 1,677.7 | 579.7 | 1,004.9 | (1,202.9) | 11.7 | (1,661.8) | (308.6) | (548.9) | 1,456.3 | 125.6 | 853.0 |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | 720.1 | 1,947.2 | 902.9 | 1,214.6 | (1,005.5) | 67.2 | (1,608.9) | (271.4) | (449.2) | 1,495.5 | 110.8 | 909.1 |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (97.1) | (269.6) | (323.2) | (209.7) | (197.4) | (55.5) | (53.0) | (37.2) | (99.7) | (39.2) | 14.8 | (56.1) |
| Debt - Issued - Long-Term - Cash Flow | — | — | — | — | — | — | 0.0 | 0.0 | — | — | 99.6 | — |
| Debt - Reduced - Long-Term - Cash Flow | — | — | — | — | — | — | 53.0 | 37.2 | — | — | 84.8 | — |
| Net Cash Flow from Financing Activities | 559.4 | 1,677.7 | 579.7 | 1,004.9 | (1,244.0) | 11.7 | (1,661.8) | (308.6) | (590.0) | 1,456.3 | 125.6 | 852.7 |
| Net Change in Cash - Total | (305.1) | (13.1) | 353.9 | 121.6 | 10.5 | 2.0 | 57.8 | (56.7) | (17.9) | 61.1 | 28.8 | 54.5 |
| Net Cash from Continuing Operations | (305.1) | (13.1) | 353.9 | 121.6 | 10.5 | 2.0 | 57.8 | (56.7) | (17.9) | 61.1 | 28.8 | 54.5 |
| Net Cash - Beginning Balance | 744.8 | 757.9 | 404.1 | 282.4 | 271.9 | 242.2 | 184.3 | 241.0 | 258.9 | 197.8 | 169.0 | 115.1 |
| Net Cash - Ending Balance | 439.7 | 744.8 | 757.9 | 404.1 | 282.4 | 244.2 | 242.2 | 184.3 | 241.0 | 258.9 | 197.8 | 169.6 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 162.5 | 219.5 | 247.7 | 98.6 | 80.3 | (76.1) | 117.7 | 22.4 | 13.4 | 28.0 | 33.4 | 6.8 |
| Interest Paid - Cash Flow - Supplemental | 255.6 | 134.3 | 171.6 | 118.2 | 384.2 | 97.4 | 195.9 | 243.8 | 197.7 | 185.7 | 118.1 | 66.1 |
| Interest & Dividends - Received - Cash Flow - Supplemental | 22.1 | 5.6 | — | 10.0 | 21.0 | 0.5 | 0.9 | 0.2 | 10.7 | 0.2 | 2.3 | 0.3 |
| CF from Optg Activities before Change in WC & Int Payments | 531.6 | 742.1 | 204.5 | 214.7 | 565.6 | 816.8 | 518.0 | 501.1 | 570.2 | 622.2 | 63.5 | 568.5 |
| Contract Liabilities - Increase/(Decrease) - Cash Flow | (99.0) | (350.9) | 188.6 | 319.5 | (6.6) | 32.4 | (16.5) | 10.2 | (96.7) | 66.9 | 33.0 | (35.1) |
| Depreciation, Depletion & Amortization - Cash Flow | 141.9 | 130.7 | 143.5 | 141.9 | 203.6 | 98.8 | 104.2 | 94.0 | 90.7 | 73.4 | 83.0 | 74.2 |
| Free Cash Flow to Equity | (241.4) | (13.1) | 1,258.2 | 121.6 | 51.6 | 2.1 | 57.8 | (56.7) | 23.3 | 61.1 | 484.3 | 54.8 |
| Free Cash Flow Net of Dividends | (1,063.8) | (1,731.6) | 167.1 | (1,715.5) | 1,213.3 | (12.6) | 1,719.6 | 240.5 | 481.1 | (1,401.4) | 356.0 | (799.2) |
| Free Cash Flow | (1,000.1) | (1,731.6) | 167.1 | (1,715.5) | 1,254.4 | (12.6) | 1,719.6 | 240.5 | 522.2 | (1,401.4) | 356.0 | (798.9) |
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.