Last close · 16 Oct 2026
Rs 19.28 -2.53%
Annual · FY2011 – FY2025
Tariq Corporation Limited (TCORP) cash flow statement
Operating activities generated -Rs 200.5 mn of cash in FY2025 (Oct 2024 – Sep 2025), down 173.6% on FY2024, -172% of the starting profit. Capital expenditure was Rs 57.8 mn, leaving free cash flow of -Rs 258.2 mn. Dividends paid to shareholders came to Rs 0. Overall, cash increased by Rs 341,377.
| Rs mn | FY2025 Oct 2024 – Sep 2025 | FY2024 Oct 2023 – Sep 2024 | FY2023 Oct 2022 – Sep 2023 | FY2022 Oct 2021 – Sep 2022 | FY2021 Oct 2020 – Sep 2021 | FY2020 Oct 2019 – Sep 2020 | FY2019 Oct 2018 – Sep 2019 | FY2018 Oct 2017 – Sep 2018 | FY2017 Oct 2016 – Sep 2017 | FY2016 Oct 2015 – Sep 2016 | FY2015 Oct 2014 – Sep 2015 | FY2014 Oct 2013 – Sep 2014 | FY2013 Oct 2012 – Sep 2013 | FY2012 Oct 2011 – Sep 2012 | FY2011 Oct 2010 – Sep 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||||||
| Profit (cash-flow starting line, as reported) | 116.7 | (309.2) | 471.9 | (119.8) | 68.5 | (208.9) | 313.2 | 32.8 | 228.9 | 98.3 | (416.1) | (288.0) | (217.0) | 24.5 | 119.2 |
| Depreciation & amortisation | 188.3 | 194.4 | 165.1 | 164.7 | 162.2 | 130.7 | 124.1 | 120.9 | 118.1 | 132.8 | 125.4 | 32.2 | 60.9 | 49.2 | 39.8 |
| Net cash from operating activities | (200.5) | 272.5 | 2,087.0 | 503.9 | (32.5) | (742.6) | 1,069.9 | (850.6) | 73.9 | (241.6) | (199.6) | 761.1 | (685.7) | 121.7 | 110.6 |
| Investing activities | |||||||||||||||
| Capital expenditure | (57.8) | (247.2) | (265.2) | (282.5) | (308.2) | (692.5) | (316.9) | (255.0) | (153.8) | (149.5) | (183.3) | (122.8) | (46.3) | (147.4) | (97.1) |
| Net cash from investing activities | 448.4 | (109.5) | (263.4) | (489.0) | (638.6) | (716.8) | (217.1) | (254.2) | (141.4) | (123.2) | (157.6) | (121.2) | (40.2) | 80.4 | (295.4) |
| Financing activities | |||||||||||||||
| Dividends paid | 0.0 | (28.8) | (0.0) | 0.0 | (0.0) | (10.8) | — | — | — | — | — | — | — | 0.0 | (2.7) |
| Borrowings raised / (repaid) | (247.6) | (373.6) | (1,812.7) | (60.6) | 632.1 | 1,440.3 | (900.9) | 1,065.6 | 42.3 | 72.1 | 57.0 | (652.9) | 725.8 | (200.0) | 133.7 |
| Net cash from financing activities | (247.6) | (203.8) | (1,812.7) | (32.2) | 691.4 | 1,429.5 | (800.6) | 1,065.6 | 108.7 | 278.3 | 353.5 | (546.8) | 728.5 | (196.2) | 181.5 |
| Net change in cash | 0.3 | (40.8) | 10.9 | (17.3) | 20.4 | (29.9) | 52.3 | (39.2) | 41.3 | (86.5) | (3.8) | 93.1 | 2.6 | 5.9 | (3.3) |
| Key figures | |||||||||||||||
| Free cash flow (operating cash flow − capex) | (258.2) | 25.2 | 1,821.8 | 221.5 | (340.7) | (1,435.2) | 753.0 | (1,105.6) | (79.9) | (391.2) | (382.9) | 638.3 | (732.0) | (25.7) | 13.5 |
| Rs mn | FY2025 Oct 2024 – Sep 2025 | FY2024 Oct 2023 – Sep 2024 | FY2023 Oct 2022 – Sep 2023 | FY2022 Oct 2021 – Sep 2022 | FY2021 Oct 2020 – Sep 2021 | FY2020 Oct 2019 – Sep 2020 | FY2019 Oct 2018 – Sep 2019 | FY2018 Oct 2017 – Sep 2018 | FY2017 Oct 2016 – Sep 2017 | FY2016 Oct 2015 – Sep 2016 | FY2015 Oct 2014 – Sep 2015 | FY2014 Oct 2013 – Sep 2014 | FY2013 Oct 2012 – Sep 2013 | FY2012 Oct 2011 – Sep 2012 | FY2011 Oct 2010 – Sep 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||||||
| Profit (cash-flow starting line, as reported) | — | -165.5% | — | -274.8% | — | -166.7% | +855.0% | -85.7% | +132.9% | — | — | — | -986.1% | -79.5% | — |
| Depreciation & amortisation | -3.2% | +17.8% | +0.2% | +1.6% | +24.1% | +5.3% | +2.7% | +2.4% | -11.1% | +5.9% | +289.9% | -47.2% | +23.8% | +23.3% | — |
| Net cash from operating activities | -173.6% | -86.9% | +314.1% | — | — | -169.4% | — | -1,250.5% | — | — | -126.2% | — | -663.3% | +10.0% | — |
| Investing activities | |||||||||||||||
| Capital expenditure | -76.6% | -6.8% | -6.1% | -8.3% | -55.5% | +118.5% | +24.3% | +65.8% | +2.8% | -18.4% | +49.2% | +165.3% | -68.6% | +51.8% | — |
| Net cash from investing activities | — | — | — | — | — | — | — | — | — | — | — | — | -150.0% | — | — |
| Financing activities | |||||||||||||||
| Dividends paid | -100.0% | +1,928,157.9% | — | -100.0% | -99.9% | — | — | — | — | — | — | — | — | -100.0% | — |
| Borrowings raised / (repaid) | — | — | — | -109.6% | -56.1% | — | -184.5% | +2,417.5% | -41.3% | +26.4% | — | -190.0% | — | -249.7% | — |
| Net cash from financing activities | — | — | — | -104.7% | -51.6% | — | -175.1% | +880.3% | -60.9% | -21.3% | — | -175.1% | — | -208.1% | — |
| Net change in cash | — | -473.5% | — | -185.2% | — | -157.3% | — | -195.0% | — | — | -104.0% | +3,436.2% | -55.4% | — | — |
| Key figures | |||||||||||||||
| Free cash flow (operating cash flow − capex) | -1,124.3% | -98.6% | +722.5% | — | — | -290.6% | — | — | — | — | -160.0% | — | — | -290.0% | — |
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. Updated 15 Oct 2026.
All reported line items 70
| Rs mn | FY2025 Oct 2024 – Sep 2025 | FY2024 Oct 2023 – Sep 2024 | FY2023 Oct 2022 – Sep 2023 | FY2022 Oct 2021 – Sep 2022 | FY2021 Oct 2020 – Sep 2021 | FY2020 Oct 2019 – Sep 2020 | FY2019 Oct 2018 – Sep 2019 | FY2018 Oct 2017 – Sep 2018 | FY2017 Oct 2016 – Sep 2017 | FY2016 Oct 2015 – Sep 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 116.7 | (309.2) | 471.9 | (119.8) | 68.5 | (208.9) | 313.2 | 32.8 | 228.9 | 98.3 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 253.3 | (206.7) | 784.5 | 594.7 | 409.1 | 523.6 | (33.4) | 263.8 | 206.6 | 176.7 |
| Equity Income/(Loss) in Net Earnings - Cash Flow - to Reconcile | (11.1) | — | — | — | — | — | — | — | — | — |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 274.7 | 359.7 | 619.8 | 427.7 | 242.7 | 395.8 | 189.1 | 143.4 | 89.2 | 67.1 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | (0.7) | (1.2) | (0.5) | (0.5) | (0.4) | (1.1) | (0.1) | (0.1) | (0.5) | (1.4) |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 188.3 | 194.4 | 165.1 | 164.7 | 171.0 | 130.7 | 124.1 | 120.9 | 118.1 | 132.8 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 188.3 | 194.4 | 165.1 | 164.7 | 162.2 | 130.7 | 124.1 | 120.9 | 118.1 | 132.8 |
| Impairment - Property, Plant & Equipment including Intangible Assets - Cash Flow - to Reconcile | — | — | — | 0.0 | 8.8 | — | — | — | — | — |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (187.0) | (748.3) | (0.5) | 0.0 | (3.7) | (1.6) | (346.0) | (0.3) | (0.2) | (21.7) |
| Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile | (10.9) | (11.4) | 0.5 | 2.8 | (0.5) | (0.3) | (0.6) | 0.0 | — | — |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 109.4 | 56.8 | 71.5 | 110.0 | 78.3 | 38.2 | 55.4 | 25.8 | 52.6 | 20.4 |
| Interest Paid - Cash | 169.3 | 309.6 | 730.8 | 367.1 | 338.7 | 325.5 | 254.8 | 87.4 | 82.2 | 69.3 |
| Interest & Dividends - Received - Total - Cash Flow | 0.7 | 1.2 | 0.5 | 0.5 | 0.4 | 1.1 | 0.1 | 0.1 | 0.5 | 3.3 |
| Cash Flow from Operating Activities before Changes in Working Capital | 92.0 | (881.2) | 454.6 | (1.7) | 61.1 | (48.0) | (30.3) | 183.6 | 301.2 | 188.5 |
| Working Capital - Increase/(Decrease) - Cash Flow | (292.5) | 1,153.6 | 1,632.4 | 505.6 | (93.6) | (694.6) | 1,100.2 | (1,034.3) | (227.3) | (430.2) |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | (368.2) | (876.6) | (15.6) | 73.4 | 692.7 | (339.3) | 353.4 | (633.2) | 54.6 | (62.3) |
| Inventories - Decrease/(Increase) - Cash Flow | 179.4 | (92.5) | 1,725.3 | (228.1) | (311.2) | (681.9) | 758.7 | (713.2) | (56.2) | 136.4 |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | — | — | — | — | — | — | — | — | — | 10.3 |
| Other Assets - Decrease/(Increase) - Cash Flow | (398.3) | 145.6 | (73.7) | 17.1 | (34.2) | (151.2) | (117.4) | 45.2 | 11.5 | (11.1) |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 231.7 | 1,919.6 | 448.0 | 79.6 | (207.8) | 509.2 | (207.1) | 222.8 | (237.1) | (503.4) |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | 62.9 | 57.5 | (451.5) | 563.7 | (233.2) | (31.3) | 312.7 | 44.1 | — | — |
| Net Cash Flow from Operating Activities | (200.5) | 272.5 | 2,087.0 | 503.9 | (32.5) | (742.6) | 1,069.9 | (850.6) | 73.9 | (241.6) |
| Capital Expenditures - Net - Cash Flow | (443.4) | 112.8 | 263.4 | 282.5 | 291.3 | 690.3 | 195.0 | 254.2 | 134.8 | 143.7 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | (443.4) | 112.8 | 193.4 | 282.5 | 291.3 | 690.3 | 195.0 | 254.2 | 134.8 | 143.7 |
| Property, Plant & Equipment - Purchased - Cash Flow | 57.8 | 247.2 | 195.2 | 282.5 | 308.2 | 692.5 | 316.9 | 255.0 | 153.8 | 149.5 |
| Property, Plant & Equipment Sold - Cash Flow | 501.2 | 134.5 | 1.8 | 0.0 | 16.9 | 2.2 | 121.9 | 0.8 | 19.0 | 5.9 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | — | 0.0 | 70.0 | — | — | — | — | — | — | — |
| Intangible Assets - Purchased/Acquired - Cash Flow | — | 0.0 | 70.0 | — | — | — | — | — | — | — |
| Capital Expenditures - Total | 57.8 | 247.2 | 265.2 | 282.5 | 308.2 | 692.5 | 316.9 | 255.0 | 153.8 | 149.5 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | — | — | — | — | — | — | — | — | 0.0 | 22.4 |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | — | — | — | — | — | — | — | — | 0.0 | 22.4 |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | — | — | — | — | — | — | — | — | 0.0 | 22.4 |
| Investments - Associated Companies & Joint Ventures - Sold/(Purchased) - Cash Flow | 5.0 | 3.3 | 0.0 | (15.0) | — | — | — | — | — | — |
| Other Investing Cash Flow - Decrease/(Increase) | — | — | — | (191.6) | (347.3) | (26.5) | (22.0) | 0.0 | (6.6) | (1.9) |
| Net Cash Flow from Investing Activities | 448.4 | (109.5) | (263.4) | (489.0) | (638.6) | (716.8) | (217.1) | (254.2) | (141.4) | (123.2) |
| Dividends Paid - Cash - Total - Cash Flow | 0.0 | 28.8 | 0.0 | 0.0 | 0.0 | 10.8 | — | — | — | — |
| Dividends - Common - Cash Paid | 0.0 | 28.8 | 0.0 | 0.0 | 0.0 | 10.8 | — | — | — | — |
| Stock - Total - Issuance/(Retirement) - Net - Cash Flow | 0.0 | 198.6 | 0.0 | 28.4 | 59.3 | 0.0 | 100.3 | 0.0 | 200.0 | — |
| Stock - Issuance/(Retirement) - Net - Excluding Options/Warrants - Cash Flow | 0.0 | 198.6 | 0.0 | 28.4 | 59.3 | 0.0 | 100.3 | 0.0 | 200.0 | — |
| Stock - Common - Issuance/(Retirement) - Net - Cash Flow | 0.0 | 198.6 | 0.0 | 0.0 | 59.3 | 0.0 | 100.3 | 0.0 | 200.0 | — |
| Stock - Preferred - Issuance/(Retirement) - Net - Cash Flow | — | — | — | 28.4 | — | — | — | — | — | — |
| Stock - Preferred - Issued/Sold - Cash Flow | — | — | — | 28.4 | — | — | — | — | — | — |
| Stock - Common - Issued/Sold - Cash Flow | 0.0 | 198.6 | 0.0 | 0.0 | 59.3 | 0.0 | 100.3 | 0.0 | 200.0 | — |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | (247.6) | (373.6) | (1,812.7) | (60.6) | 632.1 | 1,440.3 | (900.9) | 1,065.6 | 42.3 | 72.1 |
| Debt - Issued/(Reduced) - Long-Term & Short-Term - Cash Flow | — | — | — | — | — | — | — | — | 0.0 | (8.0) |
| Debt - Reduced - Long-Term & Short-Term - Cash Flow | — | — | — | — | — | — | — | — | 0.0 | 8.0 |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | 48.1 | (1.4) | (1,871.4) | 101.1 | 463.7 | 996.6 | (1,169.5) | (4.3) | 42.3 | 91.5 |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (295.6) | (372.2) | 58.7 | (161.7) | 168.4 | 443.6 | 268.6 | 1,069.9 | 0.0 | (11.5) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (22.1) | (19.0) | (5.1) | (0.4) | (5.0) | (3.2) | — | — | — | — |
| Debt - Issued - Long-Term - Cash Flow | 39.8 | 96.9 | 347.2 | — | 183.4 | 468.8 | — | — | — | — |
| Debt - Reduced - Long-Term - Cash Flow | 335.4 | 469.1 | 288.5 | 161.7 | 15.0 | 25.2 | — | — | 0.0 | 11.5 |
| 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 | 22.1 | 19.0 | 5.1 | 0.4 | 5.0 | 3.2 | — | — | — | — |
| Other Financing Cash Flow - Increase/(Decrease) | — | — | — | — | — | — | — | — | (133.6) | 206.2 |
| Net Cash Flow from Financing Activities | (247.6) | (203.8) | (1,812.7) | (32.2) | 691.4 | 1,429.5 | (800.6) | 1,065.6 | 108.7 | 278.3 |
| Net Change in Cash - Total | 0.3 | (40.8) | 10.9 | (17.3) | 20.4 | (29.9) | 52.3 | (39.2) | 41.3 | (86.5) |
| Net Cash from Continuing Operations | 0.3 | (40.8) | 10.9 | (17.3) | 20.4 | (29.9) | 52.3 | (39.2) | 41.3 | (86.5) |
| Net Cash - Beginning Balance | 13.7 | 54.5 | 43.6 | 61.0 | 40.6 | 70.5 | 18.3 | 57.5 | 16.2 | 102.7 |
| Net Cash - Ending Balance | 14.1 | 13.7 | 54.5 | 43.6 | 61.0 | 40.6 | 70.5 | 18.3 | 57.5 | 16.2 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 109.4 | 56.8 | 71.5 | 110.0 | 78.3 | 38.2 | 55.4 | 25.8 | 52.6 | 20.4 |
| Interest Paid - Cash Flow - Supplemental | 169.3 | 309.6 | 730.8 | 367.1 | 338.7 | 325.5 | 254.8 | 87.4 | 82.2 | 69.3 |
| Interest on Financial Leases Paid - Cash Flow - Supplemental | 5.5 | 5.2 | 4.3 | 4.0 | 1.3 | — | — | — | — | — |
| Interest & Dividends - Received - Cash Flow - Supplemental | 0.7 | 1.2 | 0.5 | 0.5 | 0.4 | 1.1 | 0.1 | 0.1 | 0.5 | 3.3 |
| CF from Optg Activities before Change in WC & Int Payments | 261.3 | (571.6) | 1,185.3 | 365.4 | 399.8 | 277.5 | 224.5 | 271.0 | 383.4 | 257.8 |
| Contract Liabilities - Increase/(Decrease) - Cash Flow | 62.9 | 57.5 | (451.5) | 563.7 | (233.2) | (31.3) | 312.7 | 44.1 | — | — |
| Cash Dividends Paid & Common Stock Buyback - Net | 0.0 | (169.8) | 0.0 | 0.0 | (59.3) | 10.8 | — | — | — | — |
| Common Stock Buyback - Net | 0.0 | (198.6) | 0.0 | 0.0 | (59.3) | 0.0 | (100.3) | 0.0 | (200.0) | — |
| Depreciation, Depletion & Amortization - Cash Flow | 188.3 | 194.4 | 165.1 | 164.7 | 162.2 | 130.7 | 124.1 | 120.9 | 118.1 | 132.8 |
| Free Cash Flow to Equity | (4.6) | (213.9) | 10.9 | 160.9 | 308.3 | 7.3 | (26.0) | (39.2) | (18.5) | (313.2) |
| Free Cash Flow Net of Dividends | (258.2) | (3.6) | 1,821.8 | 221.5 | (340.7) | (1,445.9) | 753.0 | (1,105.6) | (79.9) | (391.2) |
| Free Cash Flow | (258.2) | 25.2 | 1,821.8 | 221.5 | (340.7) | (1,435.2) | 753.0 | (1,105.6) | (79.9) | (391.2) |
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.