Last close · 16 Oct 2026
Rs 6.09 +3.05%
Financials
K-Electric Limited (KEL) financials
20 years of annual results (FY2005 – FY2024), 80 quarters.
K-Electric Limited (KEL) reported revenue of Rs 615.9 bn for FY2024 (Jul 2023 – Jun 2024), up 18.5% from FY2023.
Profit attributable to shareholders was Rs 4.2 bn (EPS Rs 0.15), a net margin of 0.7%.
No cash dividend was declared for FY2024.
Net debt stood at Rs 257.0 bn.
Return on equity was 2.3%.
Over the last five years revenue grew at a compound 16.3% a year.
At Rs 6.09 (close on 16 Oct 2026) the shares trade at 40.6× earnings (FY2024) and 1.45× book value.
Fundamentals
KEL at a glance
Revenue · FY2024
Rs 615.9 bn
▲ 18.5% year on year
Profit attributable to shareholders · FY2024
Rs 4.2 bn
EPS – basic (Rs) · FY2024
Rs 0.15
Dividend per share (Rs) · FY2024
Rs 0.00
Net margin · FY2024
0.7%
+6.7 pts year on year
Debt to equity · FY2024
230.5%
+109.0 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2024
- Rs 615.9 bn
- Profit attributable · FY2024
- Rs 4.2 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2024
- Rs 717.0 bn
- Equity · FY2024
- Rs 115.8 bn
Financial highlights
KEL financial results
| Rs bn | 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 | FY2015 Jul 2014 – Jun 2015 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 615.9 | 519.7 | 519.1 | 325.0 | 288.8 | 289.1 | 217.1 | 183.9 | 188.6 | 190.4 |
| Gross profit | 131.4 | 52.8 | 72.4 | 59.2 | 43.9 | 50.7 | 45.3 | 39.5 | 57.2 | 43.3 |
| Operating profit | 82.6 | 2.4 | 27.0 | 24.3 | 16.6 | 17.8 | 17.0 | 10.6 | 29.9 | 24.5 |
| Profit after tax | 4.2 | (31.0) | 8.5 | 12.0 | (3.0) | 17.3 | 12.3 | 10.4 | 31.8 | 28.3 |
| Profit attributable to shareholders | 4.2 | (31.0) | 8.5 | 12.0 | (3.0) | 17.3 | 12.3 | 10.4 | 31.8 | 28.3 |
| EPS – basic (Rs) Rs | 0.15 | (1.12) | 0.31 | 0.43 | (0.11) | 0.63 | 0.45 | 0.38 | 1.15 | 1.03 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 717.0 | 1,024.6 | 1,060.1 | 835.7 | 703.4 | 598.9 | 473.7 | 395.9 | 377.8 | 352.9 |
| Total equity | 115.8 | 255.0 | 250.1 | 224.0 | 210.7 | 214.5 | 207.3 | 184.3 | 171.3 | 128.2 |
| Total debt | 267.0 | 309.8 | 283.1 | 184.3 | 155.6 | 129.5 | 72.8 | 49.4 | 55.9 | 70.3 |
| Net cash from operating activities | 78.3 | 60.6 | (27.1) | 42.3 | 22.6 | (16.9) | 19.3 | 27.8 | 41.1 | 18.6 |
| Capital expenditure | (47.8) | (49.8) | (51.3) | (76.6) | (49.9) | (35.6) | (44.6) | (23.8) | (25.8) | (15.1) |
| Free cash flow (operating cash flow − capex) | 30.5 | 10.9 | (78.3) | (34.3) | (27.3) | (52.5) | (25.3) | 4.1 | 15.3 | 3.5 |
| Rs bn | TTM to Jun 2024 | Q4 FY2024 Apr – Jun 2024 | Q3 FY2024 Jan – Mar 2024 | Q2 FY2024 Oct – Dec 2023 | Q1 FY2024 Jul – Sep 2023 | Q4 FY2023 Apr – Jun 2023 | Q3 FY2023 Jan – Mar 2023 | Q2 FY2023 Oct – Dec 2022 | Q1 FY2023 Jul – Sep 2022 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 615.9 | 172.6 | 122.9 | 153.2 | 167.2 | 151.5 | 102.5 | 111.1 | 154.6 |
| Gross profit | 131.4 | 34.5 | 25.3 | 32.6 | 39.1 | 16.1 | 18.1 | 10.6 | 8.1 |
| Operating profit | 82.6 | 16.3 | 16.6 | 21.7 | 28.0 | 6.7 | (2.4) | (3.4) | (8.8) |
| Profit after tax | 4.2 | 1.3 | 4.1 | 5.8 | (7.0) | 8.5 | (12.4) | (10.7) | (16.4) |
| Profit attributable to shareholders | 4.2 | 1.3 | 4.1 | 5.8 | (7.0) | 8.5 | (12.4) | (10.7) | (16.4) |
| EPS – basic (Rs) Rs | 0.15 | 0.04 | 0.15 | 0.21 | (0.25) | 0.31 | (0.45) | (0.39) | (0.59) |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 717.0 | 717.0 | 816.8 | 797.5 | 880.7 | 1,024.6 | 1,104.8 | 1,103.4 | 1,108.5 |
| Total equity | 115.8 | 115.8 | 115.0 | 110.9 | 105.1 | 255.0 | 210.6 | 223.0 | 233.7 |
| Total debt | 267.0 | 267.0 | 235.4 | 259.3 | 292.1 | 309.8 | 317.2 | 305.1 | 295.0 |
| Net cash from operating activities | — | (17.6) | — | — | 31.0 | 39.9 | 19.7 | (1.9) | 3.0 |
| Capital expenditure | — | (14.1) | — | — | (6.4) | (26.4) | (8.1) | (9.3) | (6.0) |
| Free cash flow (operating cash flow − capex) | — | (31.7) | — | — | 24.6 | 13.5 | 11.6 | (11.2) | (3.0) |
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.