PSO Pakistan State Oil Company Limited
Latest results: FY2026 · Jun 2026
Last close · 16 Oct 2026
Rs 368.04 +1.08%
Financials
Pakistan State Oil Company Limited (PSO) financials
20 years of annual results (FY2007 – FY2026).
Pakistan State Oil Company Limited (PSO) reported revenue of Rs 3.21 tn for FY2026 (Jul 2025 – Jun 2026), down 3.2% from FY2025.
Profit attributable to shareholders was Rs 25.5 bn (EPS Rs 54.29), up 55.0%, a net margin of 1.0%.
It declared a dividend of Rs 10.00 per share for FY2026 and has paid a dividend in each of the last 6 years.
Net debt stood at Rs 372.0 bn.
Return on equity was 9.5%.
Over the last five years revenue grew at a compound 21.3% a year.
At Rs 368.04 (close on 16 Oct 2026) the shares trade at 6.8× earnings (FY2026) and 0.62× book value, with a dividend yield of 2.7%.
Fundamentals
PSO at a glance
Revenue · FY2026
Rs 3.21 tn
▼ 3.2% year on year
Profit attributable to shareholders · FY2026
Rs 25.5 bn
▲ 55.0% year on year
EPS – basic (Rs) · FY2026
Rs 54.29
▲ 55.0% year on year
Dividend per share (Rs) · FY2026
Rs 10.00
▲ 0.0% year on year
Net margin · FY2026
1.0%
+0.6 pts year on year
Debt to equity · FY2026
145.2%
-4.6 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 3.21 tn
- Profit attributable · FY2026
- Rs 25.5 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 1.09 tn
- Equity · FY2026
- Rs 278.1 bn
Financial highlights
PSO financial results
| Rs bn | FY2026 Jul 2025 – Jun 2026 | FY2025 Jul 2024 – Jun 2025 | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 3,212.4 | 3,318.8 | 3,742.1 | 3,539.2 | 2,541.7 | 1,223.7 | 1,121.2 | 1,185.5 | 1,056.9 | 878.1 |
| Gross profit | 133.2 | 97.2 | 111.9 | 84.4 | 178.1 | 57.3 | 6.9 | 32.8 | 39.6 | 37.2 |
| Operating profit | 108.3 | 82.4 | 103.2 | 74.4 | 171.7 | 56.5 | 1.4 | 34.5 | 32.7 | 34.2 |
| Profit after tax | 31.7 | 13.9 | 18.0 | 10.7 | 95.0 | 29.0 | (15.3) | 14.9 | 15.0 | 17.6 |
| Profit attributable to shareholders | 25.5 | 16.4 | 18.3 | 9.3 | 91.2 | 29.4 | (11.0) | 14.3 | 15.5 | 18.2 |
| EPS – basic (Rs) Rs | 54.29 | 35.03 | 39.04 | 19.85 | 194.35 | 62.63 | (23.47) | 25.38 | 32.93 | 38.82 |
| Dividend per share (Rs) Rs | 10.00 | 10.00 | 10.00 | 7.50 | 10.00 | 15.00 | 0.00 | 8.33 | 10.42 | 14.47 |
| Total assets | 1,090.4 | 1,095.6 | 1,063.5 | 1,067.5 | 966.7 | 413.9 | 374.0 | 453.6 | 402.6 | 392.4 |
| Total equity | 290.4 | 262.9 | 251.0 | 232.3 | 227.3 | 142.4 | 114.0 | 128.4 | 110.5 | 102.8 |
| Total debt | 421.6 | 393.9 | 440.4 | 461.8 | 181.6 | 79.1 | 87.8 | 126.0 | 89.8 | 130.5 |
| Net cash from operating activities | (60.3) | 155.1 | 17.0 | (264.9) | (56.9) | 14.1 | 51.9 | (15.6) | 5.3 | (22.7) |
| Capital expenditure | (11.9) | (8.9) | (9.5) | (5.7) | (3.8) | (5.9) | (4.4) | (2.7) | (1.5) | (1.4) |
| Free cash flow (operating cash flow − capex) | (72.2) | 146.2 | 7.5 | (270.6) | (60.7) | 8.3 | 47.5 | (18.4) | 3.9 | (24.1) |
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.