Last close · 16 Oct 2026
Rs 106.95 +3.07%
Quarterly · Q1 FY2022 – Q4 FY2026
Pakistan Refinery Limited (PRL) quarterly cash flow statement
Operating activities generated -Rs 1.7 bn of cash in Q4 FY2026 (Apr – Jun 2026), down 117.4% on Q4 FY2025, -42% of the starting profit. Capital expenditure was Rs 217.3 mn, leaving free cash flow of -Rs 1.9 bn. Dividends paid to shareholders came to Rs 68,000. Overall, cash decreased by Rs 4.8 bn.
| Rs bn | TTM to Jun 2026 | Q4 FY2026 Apr – Jun 2026 | Q3 FY2026 Jan – Mar 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 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 | Q4 FY2022 Apr – Jun 2022 | Q3 FY2022 Jan – Mar 2022 | Q2 FY2022 Oct – Dec 2021 | Q1 FY2022 Jul – Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | 24.1 | 4.1 | 16.2 | 2.1 | 1.7 | 0.3 | (2.8) | 1.1 | (2.5) | (1.2) | (2.1) | 2.9 | 7.5 | (0.7) | 2.7 | 0.2 | 1.3 | 9.5 | 6.2 | 0.4 | (0.2) |
| Depreciation & amortisation | 1.4 | 0.4 | 0.4 | 0.4 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Net cash from operating activities | 16.6 | (1.7) | 15.0 | 2.4 | 0.8 | 9.9 | (12.7) | (2.6) | 2.8 | (18.6) | 4.4 | 9.4 | 8.9 | (15.5) | (7.5) | 5.0 | (0.3) | 16.4 | 13.8 | (11.9) | 7.2 |
| Investing activities | |||||||||||||||||||||
| Capital expenditure | (3.0) | (0.2) | (1.0) | (1.1) | (0.8) | (1.0) | (0.6) | (0.4) | (0.5) | (0.3) | (2.0) | (0.5) | (0.6) | — | (0.9) | (0.6) | (0.6) | (0.3) | (0.1) | (0.1) | (0.0) |
| Net cash from investing activities | (6.9) | (4.1) | (1.0) | (1.0) | (0.8) | 4.7 | 12.9 | (18.9) | 2.6 | 7.5 | (1.0) | (12.1) | (0.4) | 1.8 | (10.0) | (0.6) | (0.6) | (0.3) | (0.1) | (0.1) | (0.0) |
| Financing activities | |||||||||||||||||||||
| Dividends paid | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (1.3) | — | — | — | — | — | — | — | — | — | 0.0 | 0.0 | 0.0 | 0.0 |
| Borrowings raised / (repaid) | (11.2) | 1.1 | (23.1) | (0.3) | 11.2 | (14.8) | (10.6) | 25.6 | (1.8) | (0.0) | 0.0 | 1.5 | 1.0 | 2.0 | (2.5) | 1.5 | (0.3) | (3.5) | (2.4) | 13.3 | (3.3) |
| Net cash from financing activities | (11.2) | 1.1 | (23.1) | (0.3) | 11.2 | (14.8) | (10.6) | 24.4 | (1.8) | (0.0) | 0.0 | 1.5 | 1.0 | 2.0 | (2.5) | 1.5 | (0.3) | (3.5) | (2.4) | 13.3 | (3.3) |
| Net change in cash | (1.5) | (4.8) | (9.1) | 1.0 | 11.3 | (0.2) | (10.4) | 3.0 | 3.6 | (11.2) | 3.5 | (1.3) | 9.5 | (11.7) | (20.0) | 5.8 | (1.2) | 12.6 | 11.2 | 1.4 | 3.9 |
| Key figures | |||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | 13.5 | (1.9) | 14.1 | 1.3 | 0.0 | 8.9 | (13.3) | (3.0) | 2.3 | (19.0) | 2.4 | 8.9 | 8.3 | — | (8.5) | 4.4 | (0.9) | 16.1 | 13.6 | (12.0) | 7.1 |
| Rs mn | Q4 FY2026 Apr – Jun 2026 | Q3 FY2026 Jan – Mar 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 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 | Q4 FY2022 Apr – Jun 2022 | Q3 FY2022 Jan – Mar 2022 | Q2 FY2022 Oct – Dec 2021 | Q1 FY2022 Jul – Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | +1,127.5% | — | +96.3% | — | — | — | -63.4% | -134.0% | — | -179.5% | +1,689.5% | +482.3% | -107.7% | -57.5% | -57.9% | — | +1,705.1% | +745.8% | — | -145.9% |
| Depreciation & amortisation | +2.7% | -9.6% | +4.3% | +3.3% | +6.4% | +31.9% | +11.7% | +12.0% | +17.1% | +7.7% | +6.1% | +4.9% | +3.2% | +2.1% | +1.3% | +2.1% | +3.2% | +3.1% | +3.3% | +1.7% |
| Net cash from operating activities | -117.4% | — | — | -71.6% | — | -389.2% | -127.4% | -68.4% | — | — | +87.8% | — | -194.6% | -154.6% | — | -104.0% | — | +805.5% | — | — |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | -79.0% | +68.1% | +148.2% | +49.6% | +222.3% | -71.0% | -6.5% | -14.4% | — | +107.2% | -25.6% | -2.8% | — | +575.9% | +762.2% | +1,367.0% | +107.8% | +50.7% | — | -53.7% |
| Net cash from investing activities | -188.1% | -107.4% | — | -129.7% | -37.5% | — | — | — | +323.6% | — | — | — | — | — | — | — | — | — | -232.7% | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | -79.1% | -93.9% | -100.0% | — | — | — | — | — | — | — | — | — | — | — | — | — | -100.0% | — | — | -100.0% |
| Borrowings raised / (repaid) | — | — | -101.3% | — | — | -211,880,800.0% | +1,608.4% | -285.0% | -100.0% | — | +2.4% | — | — | — | -89.0% | — | -216.8% | — | +620.5% | — |
| Net cash from financing activities | — | — | -101.4% | — | — | -211,901,200.0% | +1,524.8% | -285.0% | -100.0% | — | +2.4% | — | — | — | -89.0% | — | -216.8% | — | +619.4% | -389.5% |
| Net change in cash | — | — | -64.7% | +215.5% | — | -398.9% | — | -62.3% | — | — | -122.2% | — | -193.2% | -278.6% | +330.2% | -130.1% | +6,783.9% | — | +29.2% | — |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | -121.8% | — | — | -98.7% | — | -645.6% | -133.8% | -72.3% | — | — | +104.5% | — | — | -162.1% | — | -112.6% | — | +854.7% | — | — |
Change against the same quarter a year earlier; shown when the earlier figure is positive.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. TTM = the latest four quarters added together. Updated 16 Oct 2026.
All reported line items 57
| Rs bn | Q4 FY2026 Apr – Jun 2026 | Q3 FY2026 Jan – Mar 2026 | Q2 FY2026 Oct – Dec 2025 | Q1 FY2026 Jul – Sep 2025 | Q4 FY2025 Apr – Jun 2025 | Q3 FY2025 Jan – Mar 2025 | Q2 FY2025 Oct – Dec 2024 | Q1 FY2025 Jul – Sep 2024 | Q4 FY2024 Apr – Jun 2024 | Q3 FY2024 Jan – Mar 2024 | Q2 FY2024 Oct – Dec 2023 | Q1 FY2024 Jul – Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 4.1 | 16.2 | 2.1 | 1.7 | 0.3 | (2.8) | 1.1 | (2.5) | (1.2) | (2.1) | 2.9 | 7.5 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 1.5 | 1.3 | 1.3 | 1.1 | 1.3 | 0.7 | 0.5 | 0.7 | 0.2 | 0.2 | (0.1) | 0.4 |
| Equity Income/(Loss) in Net Earnings - Cash Flow - to Reconcile | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 | (0.0) | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) | 0.0 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 0.1 | 0.0 | 0.0 | 0.0 | 1.0 | (0.0) | 0.0 | (0.0) | (0.1) | (0.0) | 0.1 | (0.0) |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 1.2 | 0.9 | 0.8 | 0.8 | 0.9 | 0.6 | 0.7 | 0.5 | 0.2 | 0.5 | 0.1 | 0.4 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 0.4 | 0.4 | 0.4 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 0.4 | 0.4 | 0.4 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (0.2) | — | 0.0 | (0.0) | (1.0) | (0.3) | (0.5) | (0.1) | (0.2) | (0.6) | (0.5) | (0.2) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 7.0 | 2.3 | 0.8 | 0.5 | 0.7 | 0.4 | 0.8 | 0.6 | 0.5 | 0.1 | 1.2 | 1.6 |
| Interest Paid - Cash | 1.2 | 1.4 | 0.9 | 1.2 | 0.8 | 1.4 | 0.6 | 0.9 | 0.9 | 0.7 | 1.4 | 0.8 |
| Interest & Dividends - Received - Total - Cash Flow | 0.1 | 0.1 | 0.2 | 0.3 | 0.4 | 0.3 | 0.2 | 0.3 | 0.6 | 0.5 | 1.0 | 0.9 |
| Cash Flow from Operating Activities before Changes in Working Capital | (2.5) | 13.8 | 2.0 | 1.3 | 0.5 | (3.6) | 0.4 | (3.0) | (1.8) | (2.2) | 1.2 | 6.3 |
| Working Capital - Increase/(Decrease) - Cash Flow | 0.8 | 1.2 | 0.5 | (0.5) | 9.4 | (9.1) | (3.0) | 5.8 | (16.9) | 6.6 | 8.2 | 2.5 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | 14.7 | (17.6) | (4.3) | 1.5 | (7.5) | 13.9 | (11.7) | (4.2) | (1.3) | 0.5 | 6.7 | (12.1) |
| Inventories - Decrease/(Increase) - Cash Flow | 13.2 | (19.8) | 0.8 | (4.2) | 1.7 | 0.2 | 3.6 | 3.0 | 3.1 | (4.0) | 8.2 | (2.4) |
| Other Assets - Decrease/(Increase) - Cash Flow | (0.4) | 0.2 | 0.0 | (0.0) | 0.2 | 0.0 | 0.0 | 0.2 | 0.2 | 1.2 | (1.5) | (0.5) |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | (26.7) | 38.5 | 4.0 | 2.1 | 15.0 | (23.2) | 5.1 | 6.9 | (18.8) | 8.9 | (5.3) | 17.5 |
| Net Cash Flow from Operating Activities | (1.7) | 15.0 | 2.4 | 0.8 | 9.9 | (12.7) | (2.6) | 2.8 | (18.6) | 4.4 | 9.4 | 8.9 |
| Capital Expenditures - Net - Cash Flow | 0.2 | 1.0 | 1.1 | 0.8 | 1.0 | 0.6 | 0.4 | 0.5 | 0.3 | 2.0 | 0.5 | 0.6 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 0.2 | 1.0 | 1.1 | 0.8 | 1.0 | 0.6 | 0.4 | 0.5 | 0.3 | 2.0 | 0.5 | 0.6 |
| Property, Plant & Equipment - Purchased - Cash Flow | 0.2 | 1.0 | 1.1 | 0.8 | 1.0 | 0.6 | 0.4 | 0.5 | 0.3 | 2.0 | 0.5 | 0.6 |
| Property, Plant & Equipment Sold - Cash Flow | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | 0.0 | 0.0 | 0.0 | — | — | — | — | — | — | — | — | — |
| Intangible Assets - Purchased/Acquired - Cash Flow | 0.0 | 0.0 | 0.0 | — | — | — | — | — | — | — | — | — |
| Capital Expenditures - Total | 0.2 | 1.0 | 1.1 | 0.8 | 1.0 | 0.6 | 0.4 | 0.5 | 0.3 | 2.0 | 0.5 | 0.6 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | (3.9) | 0.0 | 0.1 | 0.0 | 5.7 | 13.5 | (18.4) | 3.1 | 7.8 | 0.6 | (11.6) | 0.2 |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | (3.9) | 0.0 | 0.1 | 0.0 | 5.7 | 13.5 | (18.4) | 3.1 | 7.8 | 0.6 | (11.6) | 0.2 |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | 0.4 | — | — | — | — | — | — | — | 11.7 | 0.6 | 0.5 | 0.2 |
| Investment Securities - Purchased - Unclassified - Cash Flow | 4.2 | — | — | — | — | — | — | — | 4.0 | — | 12.1 | — |
| Other Investing Cash Flow - Decrease/(Increase) | — | — | — | — | — | — | — | — | — | 0.4 | — | — |
| Net Cash Flow from Investing Activities | (4.1) | (1.0) | (1.0) | (0.8) | 4.7 | 12.9 | (18.9) | 2.6 | 7.5 | (1.0) | (12.1) | (0.4) |
| Dividends Paid - Cash - Total - Cash Flow | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.3 | — | — | — | — | — |
| Dividends - Common - Cash Paid | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 1.3 | — | — | — | — | — |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | 1.1 | (23.1) | (0.3) | 11.2 | (14.8) | (10.6) | 25.6 | (1.8) | (0.0) | 0.0 | 1.5 | 1.0 |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | 2.2 | 2.0 | 21.1 | 0.0 | 21.7 | 28.6 | (3.5) | 3.5 | (1.5) | 0.0 | 1.5 | — |
| Debt - Issued - Short-Term - Cash Flow | — | — | — | — | — | — | — | 3.5 | — | — | — | — |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (1.2) | (25.1) | (21.4) | 11.2 | (36.5) | (39.2) | 29.1 | (5.3) | 1.5 | 0.0 | 0.0 | 1.0 |
| Lease liabilities - Issued/(Reduced) - Cash Flow | 0.0 | 0.0 | (0.0) | (0.0) | 0.0 | 0.0 | (0.0) | (0.0) | (0.0) | 0.0 | — | (0.0) |
| Debt - Issued - Long-Term - Cash Flow | — | 9.8 | — | 21.1 | 3.4 | 0.0 | 29.2 | 6.0 | 1.5 | 0.0 | — | 1.0 |
| Lease liabilities - Issued - Cash flow | — | — | — | — | — | 0.0 | — | — | — | 0.0 | — | — |
| Debt - Reduced - Long-Term - Cash Flow | 1.2 | 34.9 | 21.4 | 9.8 | 39.9 | 39.2 | 0.1 | 11.3 | 0.0 | — | — | 0.0 |
| 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 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | — | — | 0.0 |
| Other Financing Cash Flow - Increase/(Decrease) | — | — | — | — | — | — | — | — | — | — | 0.0 | — |
| Net Cash Flow from Financing Activities | 1.1 | (23.1) | (0.3) | 11.2 | (14.8) | (10.6) | 24.4 | (1.8) | (0.0) | 0.0 | 1.5 | 1.0 |
| Foreign Exchange Effects - Cash Flow | (0.0) | (0.0) | (0.0) | (0.0) | 0.0 | 0.0 | 0.0 | (0.0) | (0.0) | 0.0 | (0.1) | 0.0 |
| Net Change in Cash - Total | (4.8) | (9.1) | 1.0 | 11.3 | (0.2) | (10.4) | 3.0 | 3.6 | (11.2) | 3.5 | (1.3) | 9.5 |
| Net Cash from Continuing Operations | (4.8) | (9.1) | 1.0 | 11.3 | (0.2) | (10.4) | 3.0 | 3.6 | (11.2) | 3.5 | (1.3) | 9.5 |
| Net Cash - Beginning Balance | 6.1 | 15.1 | 14.1 | 2.8 | 3.1 | 13.4 | 10.5 | 6.9 | 18.1 | 14.6 | 15.9 | 6.5 |
| Net Cash - Ending Balance | 1.3 | 6.1 | 15.1 | 14.1 | 2.8 | 3.1 | 13.4 | 10.5 | 6.9 | 18.1 | 14.6 | 15.9 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 7.0 | 2.3 | 0.8 | 0.5 | 0.7 | 0.4 | 0.8 | 0.6 | 0.5 | 0.1 | 1.2 | 1.6 |
| Interest Paid - Cash Flow - Supplemental | 1.2 | 1.4 | 0.9 | 1.2 | 0.8 | 1.4 | 0.6 | 0.9 | 0.9 | 0.7 | 1.4 | 0.8 |
| Interest & Dividends - Received - Cash Flow - Supplemental | 0.1 | 0.1 | 0.2 | 0.3 | 0.4 | 0.3 | 0.2 | 0.3 | 0.6 | 0.5 | 1.0 | 0.9 |
| CF from Optg Activities before Change in WC & Int Payments | (1.3) | 15.2 | 2.8 | 2.6 | 1.3 | (2.3) | 1.0 | (2.2) | (0.9) | (1.6) | 2.6 | 7.1 |
| Depreciation, Depletion & Amortization - Cash Flow | 0.4 | 0.4 | 0.4 | 0.3 | 0.4 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 |
| Free Cash Flow to Equity | (0.9) | (9.1) | 1.0 | 11.3 | (5.9) | (23.9) | 22.6 | 0.5 | (19.0) | 2.4 | 10.4 | 9.2 |
| Free Cash Flow Net of Dividends | (1.9) | 14.1 | 1.3 | 0.0 | 8.9 | (13.3) | (4.3) | 2.3 | (19.0) | 2.4 | 8.9 | 8.3 |
| Free Cash Flow | (1.9) | 14.1 | 1.3 | 0.0 | 8.9 | (13.3) | (3.0) | 2.3 | (19.0) | 2.4 | 8.9 | 8.3 |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 12 periods; the table above goes back further.