Financials
Shield Corporation Limited (SCL) financials
10 years of annual results (FY2016 – FY2025).
Shield Corporation Limited (SCL) reported revenue of Rs 3.0 bn for FY2025 (Jul 2024 – Jun 2025), down 23.3% from FY2024.
It made a loss of Rs 12.7 mn attributable to shareholders (EPS Rs -3.25), a net margin of -0.4%.
No cash dividend was declared for FY2025.
Net debt stood at Rs 737.1 mn.
Return on equity was -1.4%.
Over the last five years revenue grew at a compound 11.7% a year.
Fundamentals
SCL at a glance
Revenue · FY2025
Rs 3.0 bn
▼ 23.3% year on year
Profit attributable to shareholders · FY2025
-Rs 12.7 mn
EPS – basic (Rs) · FY2025
Rs -3.25
Dividend per share (Rs) · FY2025
Rs 0.00
Net margin · FY2025
-0.4%
+9.0 pts year on year
Debt to equity · FY2025
65.7%
-123.8 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 3.0 bn
- Profit attributable · FY2025
- -Rs 12.7 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 2.2 bn
- Equity · FY2025
- Rs 1.1 bn
Financial highlights
SCL financial results
| Rs mn | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 2,965.8 | 3,867.1 | 4,357.6 | 2,662.1 | 2,148.6 | 1,708.6 | 1,778.8 | 1,678.9 | 1,662.1 | 1,548.3 |
| Gross profit | 697.5 | 870.8 | 1,132.4 | 638.3 | 663.8 | 416.0 | 556.7 | 611.5 | 573.4 | 506.6 |
| Operating profit | 15.6 | (66.6) | 432.1 | 117.4 | 285.4 | 81.7 | 132.1 | 125.7 | 97.1 | 75.5 |
| Profit after tax | (12.7) | (362.7) | 145.0 | 17.8 | 155.1 | (18.5) | 24.3 | 67.9 | 48.6 | 46.8 |
| Profit attributable to shareholders | (12.7) | (362.7) | 145.0 | 17.8 | 155.1 | (18.5) | 24.3 | 67.9 | 48.6 | 46.8 |
| EPS – basic (Rs) Rs | (3.25) | (92.99) | 37.17 | 4.55 | 39.77 | (4.73) | 6.24 | 17.41 | 12.46 | 12.01 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 2.00 | 1.25 | 3.50 | 5.00 | 5.00 | 5.00 |
| Total assets | 2,244.5 | 2,731.3 | 2,926.8 | 2,401.7 | 1,512.6 | 1,444.1 | 1,140.6 | 850.8 | 792.2 | 711.7 |
| Total equity | 1,133.6 | 636.2 | 748.9 | 604.0 | 594.0 | 493.9 | 428.9 | 401.2 | 352.8 | 326.2 |
| Total debt | 744.2 | 1,205.6 | 1,470.7 | 1,389.6 | 673.9 | 768.6 | 566.7 | 298.7 | 247.6 | 163.6 |
| Net cash from operating activities | (324.8) | 232.2 | 150.9 | (86.2) | 227.7 | (45.3) | (63.1) | 6.5 | 45.5 | 42.9 |
| Capital expenditure | (120.3) | (209.3) | (223.5) | (675.5) | (79.1) | (245.8) | (209.4) | (41.4) | (149.5) | (41.2) |
| Free cash flow (operating cash flow − capex) | (445.1) | 22.9 | (72.7) | (761.7) | 148.6 | (291.1) | (272.5) | (34.9) | (104.0) | 1.7 |
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 15 Oct 2026.