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ZAL Zarea Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 37.93 -0.39%

Annual · FY2023 – FY2026

Zarea Limited (ZAL) income statement

Zarea Limited reported revenue of Rs 2.8 bn for FY2026 (Jul 2025 – Jun 2026), up 106.6% on FY2025. Gross profit came to Rs 887.2 mn, a gross margin of 32.0%. Finance cost was Rs 70.8 mn. Tax of Rs 0 took 0.0% of pre-tax profit. Profit attributable to shareholders was Rs 1.4 bn, up 107.8% on FY2025, or Rs 5.31 per share.

ZAL income statement (annual) (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
Cost of revenue (1,887.6) (898.2) — —
Gross profit 887.2 444.8 281.1 114.9
Selling, general & administrative expenses (246.2) (148.5) (53.5) (14.1)
Operating profit — 674.4 227.6 100.8
Finance cost (70.8) — (0.1) (0.1)
Profit before tax 1,394.4 671.1 291.7 103.7
Taxation 0.0 0.0 1.0 (22.4)
Profit after tax 1,394.4 671.1 292.7 81.3
Profit attributable to shareholders — 671.1 292.7 81.3
Per share & other
EPS – basic (Rs) Rs 5.31 2.56 1.12 0.31
EPS – diluted (Rs) Rs — 2.56 1.12 0.31
Dividend per share (Rs) Rs 1.00 1.00 0.00 0.00
EBITDA — 685.5 230.2 102.0
Depreciation & amortisation — 11.2 2.6 1.2
Weighted average shares mn — 262.5 262.5 262.5
ZAL income statement — year-on-year change (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 +106.6% +377.8% +144.6% —
Cost of revenue +110.2% — — —
Gross profit +99.5% +58.2% +144.6% —
Selling, general & administrative expenses +65.7% +177.6% +279.9% —
Operating profit — +196.3% +125.7% —
Finance cost — — +13.5% —
Profit before tax +107.8% +130.1% +181.3% —
Taxation — — -104.6% —
Profit after tax +107.8% +129.3% +260.3% —
Profit attributable to shareholders — +129.3% +260.3% —
Per share & other
EPS – basic (Rs) +107.7% +129.3% +260.3% —
EPS – diluted (Rs) — +129.3% +260.3% —
Dividend per share (Rs) 0.0% — — —
EBITDA — +197.8% +125.6% —
Depreciation & amortisation — +326.8% +122.0% —
Weighted average shares — — — —

Change against the previous fiscal year; shown when the earlier figure is positive.

ZAL income statement — common size (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 100.0% 100.0% 100.0% 100.0%
Cost of revenue (68.0%) (66.9%) — —
Gross profit 32.0% 33.1% 100.0% 100.0%
Selling, general & administrative expenses (8.9%) (11.1%) (19.0%) (12.3%)
Operating profit — 50.2% 81.0% 87.7%
Finance cost (2.5%) — (0.0%) (0.1%)
Profit before tax 50.3% 50.0% 103.8% 90.2%
Taxation 0.0% 0.0% 0.4% (19.5%)
Profit after tax 50.3% 50.0% 104.1% 70.7%
Profit attributable to shareholders — 50.0% 104.1% 70.7%
Per share & other
EBITDA — 51.0% 81.9% 88.8%
Depreciation & amortisation — 0.8% 0.9% 1.0%

Each line as a percentage of revenue.

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 77
ZAL income statement — all reported line items (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 from Goods & Services 2,774.8 1,342.9 281.1 114.9
Sales of Goods & Services - Net - Unclassified 2,774.8 1,342.9 281.1 114.9
Revenue from Business Activities - Total 2,774.8 1,342.9 281.1 114.9
Cost of Operating Revenue 1,887.6 898.2 — —
Cost of Revenues - Total 1,887.6 898.2 — —
Selling, General & Administrative Expenses - Total 246.2 148.5 53.5 14.1
Other Operating Expense/(Income) - Net — (378.1) — —
Gross Profit - Industrials/Property - Total 887.2 444.8 281.1 114.9
Operating Expenses - Total — 668.6 53.5 14.1
Operating Profit before Non-Recurring Income/(Expense) — 674.4 227.6 100.8
Financing Income/(Expense) - Net - Total (70.8) (3.3) 64.1 2.8
Interest Expense - Net of (Interest Income) 70.8 — 0.1 0.1
Interest Expense - Net of Capitalized Interest 70.8 — 0.1 0.1
Non-Interest Financial Income/(Expense) - Total — (3.3) 64.2 2.9
Non-Interest Financial Income/(Expense) - Other - Net — (3.3) — —
Other Non-Operating Income/(Expense) - Total — — — 0.0
Normalized Pre-tax Profit — 671.1 291.7 103.7
Sale of Investments Held for Sale, Maturity & Trading - Gain/(Loss) — — 64.2 2.9
Provision for Income Tax Expense- Unclassified 0.0 0.0 (1.0) 22.4
Income before Taxes 1,394.4 671.1 291.7 103.7
Income Taxes 0.0 0.0 (1.0) 22.4
Net Income after Tax 1,394.4 671.1 292.7 81.3
Income before Discontinued Operations & Extraordinary Items 1,394.4 671.1 292.7 81.3
Net Income before Minority Interest — 671.1 292.7 81.3
Net Income after Minority Interest — 671.1 292.7 81.3
Income Available to Common Shares 1,394.4 671.1 292.7 81.3
DPS - Common - Gross - Issue - By Period End Date Rs 1.00 1.00 0.00 0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 1,394.4 671.1 292.7 81.3
Income available to Common excluding Extraordinary Items 1,394.4 671.1 292.7 81.3
Shares used to calculate Basic EPS - Total mn — 262.5 262.5 262.5
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 5.31 2.56 1.12 0.31
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs — 2.56 1.12 0.31
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs — 2.56 1.12 0.31
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 1,394.4 671.1 292.7 81.3
Earnings Allocation Factor - Basic - Issue Specific — 1.00× 1.00× 1.00×
Shares used to calculate Basic EPS - Issue Specific mn — 262.5 262.5 262.5
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 5.31 2.56 1.12 0.31
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs — 2.56 1.12 0.31
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs — 2.56 1.12 0.31
EPS - Basic from Discontinued Operations & Extraordinary Items Rs — 0.00 0.00 0.00
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total 1,394.4 671.1 292.7 81.3
Diluted Income available to Common excluding Extraordinary Items 1,394.4 671.1 292.7 81.3
Shares used to calculate Diluted EPS - Total mn — 262.5 262.5 262.5
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs — 2.56 1.12 0.31
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs — 2.56 1.12 0.31
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs — 2.56 1.12 0.31
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 1,394.4 671.1 292.7 81.3
Earnings Allocation Factor - Diluted - Issue Specific — 1.00× 1.00× 1.00×
Shares used to calculate Diluted EPS - Issue Specific mn — 262.5 262.5 262.5
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs — 2.56 1.12 0.31
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs — 2.56 1.12 0.31
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs — 2.56 1.12 0.31
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs — 0.00 0.00 0.00
DPS - Common - Gross - Issue - By Announcement Date Rs 1.00 0.00 0.00 0.00
DPS - Common - Net - Issue - By Announcement Date Rs 0.90 0.00 0.00 0.00
Earnings before Interest & Taxes (EBIT) 1,465.2 674.4 227.6 100.8
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) — 685.5 230.2 102.0
Depreciation, Depletion & Amortization - Total — 11.2 2.6 1.2
Normalized after Tax Profit 1,394.4 671.1 292.7 81.3
Normalized Net Income from Continuing Operations 1,394.4 671.1 292.7 81.3
Normalized Net Income - Bottom Line 1,394.4 671.1 292.7 81.3
Earnings before Interest & Taxes (EBIT) - Normalized — 671.1 291.8 103.7
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized — 682.2 294.4 104.9
Interest Expense 70.8 — 0.1 0.1
Operating Expenses 1,309.6 668.6 53.5 14.1
Selling, General & Administrative Expenses excluding Research & Development Expenses 246.2 148.5 53.5 14.1
Income before Taxes & Provision for Loan Losses 1,394.4 671.1 291.7 103.7
Cost of Revenue including Operation & Maintenance (Utility) - Total 1,887.6 898.2 — —
Cost of Revenues excluding Depreciation — 898.2 — —
DPS - Common - Gross - Issue - By Payable Date Rs 1.00 0.00 0.00 0.00
DPS - Common - Gross - Issue - By Ex Date Rs 1.00 0.00 0.00 0.00
Tax Adjusted Operating Income — 671.1 292.8 81.3
Operating Expenses excluding Non-Cash Charges - Total — 657.4 50.9 12.9
Income Available to Common Shares before Depreciation & Amortization — 682.2 295.3 82.4
Fixed Charges 70.8 — 0.1 0.1
Estimated Tax Rate 0.29× 0.29× 0.29× 0.29×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs 1.00 0.00 0.00 0.00

Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 4 periods; the table above goes back further.