Power Generation & Distribution
EPQL Engro Powergen Qadirpur Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 23.57 +0.21%
Financials
Engro Powergen Qadirpur Limited (EPQL) financials
14 years of annual results (FY2012 – FY2025), 52 quarters.
Engro Powergen Qadirpur Limited (EPQL) reported revenue of Rs 11.9 bn for FY2025 (Jan – Dec 2025), down 10.3% from FY2024.
Profit attributable to shareholders was Rs 836.3 mn (EPS Rs 2.58), down 60.9%, a net margin of 7.0%.
It declared a dividend of Rs 11.75 per share for FY2025 and has paid a dividend in each of the last 14 years.
Net debt stood at Rs 1.3 bn.
Return on equity was 6.5%.
Over the last five years revenue grew at a compound 8.0% a year.
At Rs 23.57 (close on 16 Oct 2026) the shares trade at 10.6× earnings (TTM to Jun 2026) and 0.66× book value, with a dividend yield of 49.9%.
Fundamentals
EPQL at a glance
Revenue · FY2025
Rs 11.9 bn
▼ 10.3% year on year
Profit attributable to shareholders · FY2025
Rs 836.3 mn
▼ 60.9% year on year
EPS – basic (Rs) · FY2025
Rs 2.58
▼ 60.9% year on year
Dividend per share (Rs) · FY2025
Rs 11.75
▲ 95.8% year on year
Net margin · FY2025
7.0%
-9.1 pts year on year
Debt to equity · FY2025
18.3%
-9.8 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 11.9 bn
- Profit attributable · FY2025
- Rs 836.3 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 15.8 bn
- Equity · FY2025
- Rs 11.6 bn
Financial highlights
EPQL financial results
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 11.9 | 13.2 | 13.3 | 10.0 | 10.2 | 8.1 | 13.2 | 11.9 | 11.6 | 11.5 |
| Gross profit | 1.3 | 2.8 | 2.7 | 1.7 | 1.4 | 1.7 | 3.6 | 3.0 | 2.7 | 2.2 |
| Operating profit | 0.8 | 1.9 | 2.2 | 1.3 | 1.2 | 1.6 | 3.5 | 2.8 | 2.6 | 2.1 |
| Profit after tax | 0.8 | 2.1 | 2.5 | 1.5 | 1.6 | 2.1 | 3.4 | 2.6 | 2.4 | 1.8 |
| Profit attributable to shareholders | 0.8 | 2.1 | 2.5 | 1.5 | 1.6 | 2.1 | 3.4 | 2.6 | 2.4 | 1.8 |
| EPS – basic (Rs) Rs | 2.58 | 6.61 | 7.76 | 4.55 | 4.92 | 6.42 | 10.51 | 8.11 | 7.38 | 5.52 |
| Dividend per share (Rs) Rs | 11.75 | 6.00 | 5.00 | 8.00 | 7.50 | 3.00 | 3.00 | 1.50 | 3.25 | 3.00 |
| Total assets | 15.8 | 21.4 | 23.1 | 24.2 | 27.4 | 25.5 | 27.5 | 24.2 | 21.3 | 20.1 |
| Total equity | 11.6 | 14.2 | 14.5 | 13.1 | 16.2 | 15.6 | 14.0 | 11.5 | 9.8 | 8.5 |
| Total debt | 2.1 | 4.0 | 3.9 | 6.0 | 4.8 | 3.6 | 4.6 | 7.3 | 8.1 | 9.3 |
| Net cash from operating activities | 6.5 | 2.5 | 3.4 | 3.9 | 0.1 | 2.0 | 3.7 | 2.9 | 2.6 | 1.9 |
| Capital expenditure | (0.5) | (0.5) | (0.3) | (0.1) | (0.1) | (0.1) | (0.1) | (0.2) | (0.1) | (0.2) |
| Free cash flow (operating cash flow − capex) | 6.0 | 2.0 | 3.0 | 3.7 | (0.1) | 1.8 | 3.6 | 2.8 | 2.6 | 1.7 |
| Rs bn | TTM to Jun 2026 | Q2 FY2026 Apr – Jun 2026 | Q1 FY2026 Jan – Mar 2026 | Q4 FY2025 Oct – Dec 2025 | Q3 FY2025 Jul – Sep 2025 | Q2 FY2025 Apr – Jun 2025 | Q1 FY2025 Jan – Mar 2025 | Q4 FY2024 Oct – Dec 2024 | Q3 FY2024 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 12.7 | 2.9 | 3.2 | 3.2 | 3.4 | 2.2 | 3.1 | 2.8 | 3.8 |
| Gross profit | 1.3 | 0.3 | 0.3 | 0.2 | 0.5 | 0.2 | 0.5 | 0.3 | 1.2 |
| Operating profit | 0.8 | 0.2 | 0.2 | 0.0 | 0.4 | 0.1 | 0.4 | (0.3) | 1.0 |
| Profit after tax | 0.7 | 0.2 | 0.2 | (0.0) | 0.4 | 0.1 | 0.4 | (0.7) | 1.3 |
| Profit attributable to shareholders | 0.7 | 0.2 | 0.2 | (0.0) | 0.4 | 0.1 | 0.4 | (0.7) | 1.3 |
| EPS – basic (Rs) Rs | 2.23 | 0.60 | 0.47 | (0.05) | 1.21 | 0.23 | 1.19 | (2.27) | 3.91 |
| Dividend per share (Rs) Rs | 2.75 | 1.00 | 0.00 | 1.25 | 0.50 | 2.50 | 7.50 | 0.00 | 2.50 |
| Total assets | 15.0 | 15.0 | 16.1 | 15.8 | 15.1 | 15.6 | 22.3 | 21.4 | 24.2 |
| Total equity | 11.6 | 11.6 | 11.4 | 11.6 | 11.8 | 12.2 | 14.6 | 14.2 | 15.7 |
| Total debt | 1.6 | 1.6 | 2.6 | 2.1 | 1.7 | 1.8 | 5.9 | 4.0 | 4.0 |
| Net cash from operating activities | 1.0 | 1.0 | (0.2) | 0.0 | 0.2 | 0.6 | 5.6 | (0.1) | 0.6 |
| Capital expenditure | (0.4) | (0.1) | (0.0) | (0.2) | (0.0) | (0.2) | (0.0) | (0.1) | (0.3) |
| Free cash flow (operating cash flow − capex) | 0.6 | 0.9 | (0.3) | (0.2) | 0.2 | 0.4 | 5.6 | (0.2) | 0.3 |
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 16 Oct 2026.