Last close · 16 Oct 2026
Rs 39.80 -0.23%
Financials
SPEL Limited (SPEL) financials
13 years of annual results (FY2014 – FY2026).
SPEL Limited (SPEL) reported revenue of Rs 9.4 bn for FY2026 (Jul 2025 – Jun 2026), down 2.3% from FY2025.
Profit attributable to shareholders was Rs 1.1 bn (EPS Rs 5.99), down 9.3%, a net margin of 12.1%.
It declared a dividend of Rs 1.00 per share for FY2026 and has paid a dividend in each of the last 12 years.
The balance sheet showed net cash of Rs 89.2 mn.
Return on equity was 16.9%.
Over the last five years revenue grew at a compound 17.7% a year.
At Rs 39.80 (close on 16 Oct 2026) the shares trade at 6.6× earnings (FY2026) and 1.03× book value, with a dividend yield of 2.5%.
Fundamentals
SPEL at a glance
Revenue · FY2026
Rs 9.4 bn
▼ 2.3% year on year
Profit attributable to shareholders · FY2026
Rs 1.1 bn
▼ 9.3% year on year
EPS – basic (Rs) · FY2026
Rs 5.99
▼ 9.3% year on year
Dividend per share (Rs) · FY2026
Rs 1.00
▲ 0.0% year on year
Net margin · FY2026
12.1%
-0.9 pts year on year
Debt to equity · FY2026
12.1%
+1.2 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 9.4 bn
- Profit attributable · FY2026
- Rs 1.1 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 9.8 bn
- Equity · FY2026
- Rs 7.3 bn
Financial highlights
SPEL financial results
| Rs mn | 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 | 9,408.9 | 9,633.2 | 6,965.1 | 6,431.0 | 6,308.4 | 4,171.0 | 3,097.6 | 3,431.0 | 2,987.3 | 2,699.7 |
| Gross profit | 2,471.4 | 2,588.0 | 1,322.1 | 1,313.2 | 1,244.6 | 898.7 | 572.9 | 573.2 | 655.4 | 714.9 |
| Operating profit | 1,918.0 | 2,097.7 | 938.0 | 1,002.2 | 968.1 | 696.2 | 392.9 | 362.4 | 438.0 | 524.9 |
| Profit after tax | 1,136.3 | 1,253.1 | 641.0 | 491.1 | 538.9 | 460.2 | 258.8 | 241.2 | 344.3 | 417.1 |
| Profit attributable to shareholders | 1,136.3 | 1,253.1 | 641.0 | 491.1 | 538.9 | 460.2 | 258.8 | 241.2 | 344.3 | 417.1 |
| EPS – basic (Rs) Rs | 5.99 | 6.60 | 3.36 | 2.47 | 2.70 | 2.35 | 1.34 | 1.25 | 1.78 | 2.16 |
| Dividend per share (Rs) Rs | 1.00 | 1.00 | 0.80 | 0.75 | 0.50 | 0.23 | 0.46 | 0.26 | 0.44 | 0.64 |
| Total assets | 9,786.9 | 8,252.9 | 7,303.4 | 6,848.7 | 6,176.2 | 4,532.4 | 3,872.6 | 3,725.6 | 3,490.5 | 2,985.2 |
| Total equity | 7,317.3 | 6,109.9 | 5,122.4 | 4,635.8 | 4,250.2 | 3,361.2 | 2,863.6 | 2,655.1 | 2,499.7 | 2,094.9 |
| Total debt | 883.9 | 664.7 | 909.6 | 1,074.1 | 1,072.3 | 619.2 | 627.0 | 688.3 | 630.2 | 544.6 |
| Net cash from operating activities | 1,159.3 | 1,224.1 | 869.6 | 756.1 | 466.3 | 780.2 | 377.3 | 281.4 | 293.0 | 403.9 |
| Capital expenditure | (723.8) | (137.9) | (327.7) | (489.0) | (994.3) | (636.6) | (302.3) | (237.3) | (377.8) | (499.8) |
| Free cash flow (operating cash flow − capex) | 435.5 | 1,086.2 | 542.0 | 267.1 | (528.0) | 143.6 | 75.1 | 44.1 | (84.8) | (95.9) |
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.