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Technology & Communication

ZAL Zarea Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 37.93 -0.39%

Financials

Zarea Limited (ZAL) financials

4 years of annual results (FY2023 – FY2026).

Zarea Limited (ZAL) reported revenue of Rs 2.8 bn for FY2026 (Jul 2025 – Jun 2026), up 106.6% from FY2025.

It declared a dividend of Rs 1.00 per share for FY2026.

The balance sheet showed net cash of Rs 2.9 bn.

At Rs 37.93 (close on 16 Oct 2026) the shares trade at 7.1× earnings (FY2026), with a dividend yield of 2.6%.

Fundamentals

ZAL at a glance

Revenue · FY2026

Rs 2.8 bn

▲ 106.6% year on year

EPS – basic (Rs) · FY2026

Rs 5.31

▲ 107.7% year on year

Dividend per share (Rs) · FY2026

Rs 1.00

▲ 0.0% year on year

Net margin · FY2026

50.3%

+0.3 pts year on year

Financial statements

Income statement

Revenue, costs, profit and earnings per share.

Revenue · FY2026
Rs 2.8 bn
Profit attributable · FY2026
—

Balance sheet

Assets, liabilities, debt and shareholders' equity.

Total assets · FY2026
Rs 4.8 bn
Equity · FY2026
Rs 6.5 bn

Cash flow

Cash from operations, investment, financing and free cash flow.

Operating cash flow · FY2026
—
Net change in cash · FY2026
Rs 34.7 mn

Financial highlights

ZAL financial results

ZAL annual financial highlights (Rs mn)
Rs mn FY2026 Jul 2025 – Jun 2026 FY2025 Jul 2024 – Jun 2025 FY2024 Jul 2023 – Jun 2024 FY2023 Jul 2022 – Jun 2023
Revenue 2,774.8 1,342.9 281.1 114.9
Gross profit 887.2 444.8 281.1 114.9
Operating profit — 674.4 227.6 100.8
Profit after tax 1,394.4 671.1 292.7 81.3
Profit attributable to shareholders — 671.1 292.7 81.3
EPS – basic (Rs) Rs 5.31 2.56 1.12 0.31
Dividend per share (Rs) Rs 1.00 1.00 0.00 0.00
Total assets 4,792.5 2,409.2 629.4 246.6
Total equity — 2,276.4 626.9 213.4
Total debt 27.6 41.4 0.0 —
Net cash from operating activities — (298.3) (28.9) 31.9
Capital expenditure — (150.4) (34.0) (10.6)
Free cash flow (operating cash flow − capex) — (448.7) (62.9) 21.3

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.

ZAL charts

Revenue and profit Revenue Profit attributable
Revenue and profit Rs 3 bn Revenue FY23: Rs 114.9 mn Profit attributable FY23: Rs 81.3 mn FY23 Revenue FY24: Rs 281.1 mn Profit attributable FY24: Rs 292.7 mn FY24 Revenue FY25: Rs 1.3 bn Profit attributable FY25: Rs 671.1 mn FY25 Revenue FY26: Rs 2.8 bn FY26
Margins Gross margin Operating margin Net margin
Margins 112% 56% 0% Gross margin FY23: 100.0% Gross margin FY24: 100.0% Gross margin FY25: 33.1% Gross margin FY26: 32.0% Operating margin FY23: 87.7% Operating margin FY24: 81.0% Operating margin FY25: 50.2% Net margin FY23: 70.7% Net margin FY24: 104.1% Net margin FY25: 50.0% Net margin FY26: 50.3% FY23 FY24 FY25 FY26
Cash flow Operating cash flow Capex Free cash flow
Cash flow Rs 32 mn -Rs 449 mn Operating cash flow FY23: Rs 31.9 mn Capex FY23: -Rs 10.6 mn Free cash flow FY23: Rs 21.3 mn FY23 Operating cash flow FY24: -Rs 28.9 mn Capex FY24: -Rs 34.0 mn Free cash flow FY24: -Rs 62.9 mn FY24 Operating cash flow FY25: -Rs 298.3 mn Capex FY25: -Rs 150.4 mn Free cash flow FY25: -Rs 448.7 mn FY25 FY26