Last close · 16 Oct 2026
Rs 1,530.41 -0.71%
Financials
Sazgar Engineering Works Limited (SAZEW) financials
20 years of annual results (FY2007 – FY2026).
Sazgar Engineering Works Limited (SAZEW) reported revenue of Rs 191.7 bn for FY2026 (Jul 2025 – Jun 2026), up 76.4% from FY2025.
Profit attributable to shareholders was Rs 23.6 bn (EPS Rs 390.51), up 44.5%, a net margin of 12.3%.
It declared a dividend of Rs 70.00 per share for FY2026 and has paid a dividend in each of the last 4 years.
The balance sheet showed net cash of Rs 8.8 bn.
Return on equity was 70.8%.
Over the last five years revenue grew at a compound 116.5% a year.
At Rs 1,530.41 (close on 16 Oct 2026) the shares trade at 3.9× earnings (FY2026) and 2.15× book value, with a dividend yield of 4.6%.
Fundamentals
SAZEW at a glance
Revenue · FY2026
Rs 191.7 bn
▲ 76.4% year on year
Profit attributable to shareholders · FY2026
Rs 23.6 bn
▲ 44.5% year on year
EPS – basic (Rs) · FY2026
Rs 390.51
▲ 44.5% year on year
Dividend per share (Rs) · FY2026
Rs 70.00
▲ 34.6% year on year
Net margin · FY2026
12.3%
-2.7 pts year on year
Debt to equity · FY2026
12.2%
+11.5 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 191.7 bn
- Profit attributable · FY2026
- Rs 23.6 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 81.7 bn
- Equity · FY2026
- Rs 43.0 bn
Financial highlights
SAZEW 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 | 191.7 | 108.7 | 57.6 | 18.2 | 10.3 | 4.0 | 2.9 | 3.2 | 4.0 | 3.6 |
| Gross profit | 46.5 | 31.6 | 15.6 | 2.5 | 0.9 | 0.4 | 0.3 | 0.3 | 0.4 | 0.4 |
| Operating profit | 38.7 | 26.8 | 13.2 | 1.6 | 0.3 | 0.1 | 0.1 | 0.1 | 0.3 | 0.2 |
| Profit after tax | 23.6 | 16.3 | 7.9 | 1.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.2 | 0.1 |
| Profit attributable to shareholders | 23.6 | 16.3 | 7.9 | 1.0 | 0.1 | 0.1 | 0.0 | 0.1 | 0.2 | 0.1 |
| EPS – basic (Rs) Rs | 390.51 | 270.26 | 131.29 | 16.46 | 1.95 | 1.25 | 0.57 | 1.53 | 3.48 | 2.67 |
| Dividend per share (Rs) Rs | 70.00 | 52.00 | 20.00 | 4.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.42 |
| Total assets | 81.7 | 41.7 | 29.2 | 7.7 | 5.7 | 4.7 | 2.8 | 2.0 | 1.6 | 1.4 |
| Total equity | 43.0 | 23.7 | 10.1 | 2.9 | 2.0 | 1.8 | 1.8 | 1.0 | 1.0 | 0.8 |
| Total debt | 5.2 | 0.2 | 0.4 | 0.5 | 0.9 | 0.5 | 0.4 | 0.2 | 0.0 | 0.0 |
| Net cash from operating activities | 9.6 | 14.1 | 9.0 | 1.6 | 0.8 | (0.1) | (0.1) | 0.1 | 0.2 | 0.3 |
| Capital expenditure | (15.6) | (3.7) | (2.0) | (0.5) | (0.9) | (0.5) | (0.3) | (0.3) | (0.2) | (0.3) |
| Free cash flow (operating cash flow − capex) | (6.0) | 10.4 | 7.0 | 1.2 | (0.2) | (0.6) | (0.4) | (0.3) | (0.0) | (0.1) |
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.