ADAMS Adam Sugar Mills Limited
Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 67.20 0.00%
Quarterly · Q4 FY2021 – Q3 FY2026
Adam Sugar Mills Limited (ADAMS) quarterly cash flow statement
Operating activities generated Rs 1.2 bn of cash in Q3 FY2026 (Apr – Jun 2026), down 14.0% on Q3 FY2025. Capital expenditure was Rs 648,179, leaving free cash flow of Rs 1.2 bn. Dividends paid to shareholders came to Rs 317,886. Overall, cash decreased by Rs 457.0 mn.
| Rs mn | TTM to Jun 2026 | Q3 FY2026 Apr – Jun 2026 | Q2 FY2026 Jan – Mar 2026 | Q1 FY2026 Oct – Dec 2025 | Q4 FY2025 Jul – Sep 2025 | Q3 FY2025 Apr – Jun 2025 | Q2 FY2025 Jan – Mar 2025 | Q1 FY2025 Oct – Dec 2024 | Q4 FY2024 Jul – Sep 2024 | Q3 FY2024 Apr – Jun 2024 | Q2 FY2024 Jan – Mar 2024 | Q1 FY2024 Oct – Dec 2023 | Q4 FY2023 Jul – Sep 2023 | Q3 FY2023 Apr – Jun 2023 | Q2 FY2023 Jan – Mar 2023 | Q1 FY2023 Oct – Dec 2022 | Q4 FY2022 Jul – Sep 2022 | Q3 FY2022 Apr – Jun 2022 | Q2 FY2022 Jan – Mar 2022 | Q1 FY2022 Oct – Dec 2021 | Q4 FY2021 Jul – Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | (25.2) | (142.0) | 23.8 | 76.0 | 17.0 | 156.1 | (61.6) | 37.9 | (318.9) | (10.0) | 90.1 | 379.3 | 192.8 | (20.3) | 195.2 | (22.7) | 224.3 | 77.2 | (0.1) | 144.3 | (253.1) |
| Depreciation & amortisation | 285.6 | 77.7 | 66.4 | 71.6 | 69.8 | 69.2 | 69.8 | 70.0 | 72.3 | 69.9 | 69.5 | 70.3 | 74.3 | 72.0 | 71.7 | 54.7 | 109.2 | 5.5 | 33.2 | 76.3 | 56.0 |
| Net cash from operating activities | 158.4 | 1,238.5 | (2,196.2) | (1,018.4) | 2,134.6 | 1,439.5 | (2,896.8) | 1,392.7 | 419.8 | 1,298.8 | (2,420.5) | (1,024.5) | 1,475.4 | 365.4 | (1,255.9) | (320.7) | 851.7 | 556.9 | (1,608.0) | 400.1 | 184.3 |
| Investing activities | |||||||||||||||||||||
| Capital expenditure | (207.7) | (0.6) | (101.2) | (60.5) | (45.3) | (379.6) | (51.8) | (13.2) | (67.5) | (42.0) | (20.4) | (17.3) | (16.7) | (88.7) | (10.8) | (76.2) | (122.6) | (58.5) | (50.1) | (119.3) | (29.7) |
| Net cash from investing activities | (234.1) | 3.0 | (104.2) | (56.8) | (76.2) | (348.8) | (82.7) | 17.7 | (98.8) | (38.2) | 21.1 | (58.6) | (18.2) | (4.4) | 51.5 | (138.2) | (212.8) | (58.3) | (50.1) | (119.3) | (32.9) |
| Financing activities | |||||||||||||||||||||
| Dividends paid | — | (0.3) | (68.0) | — | — | (0.0) | (25.5) | — | — | (0.0) | (59.6) | 0.0 | (25.5) | — | (42.6) | (0.0) | — | (0.0) | (33.6) | — | (11.1) |
| Borrowings raised / (repaid) | 249.2 | (1,698.2) | 1,494.8 | 2,030.9 | (1,578.2) | (805.3) | 1,755.9 | (16.0) | (1,362.6) | (1,313.4) | 3,732.2 | (9.8) | (1,432.5) | (700.7) | 1,861.8 | 256.5 | (652.7) | (485.6) | 1,241.1 | 41.8 | (70.9) |
| Net cash from financing activities | 180.9 | (1,698.6) | 1,426.8 | 2,030.9 | (1,578.2) | (805.3) | 1,730.4 | (16.0) | (1,362.5) | (1,313.5) | 3,672.6 | (9.8) | (1,458.0) | (700.6) | 1,819.1 | 256.5 | (652.6) | (485.6) | 1,207.6 | 41.8 | (82.0) |
| Net change in cash | 105.2 | (457.0) | (873.6) | 955.7 | 480.2 | 285.5 | (1,249.1) | 1,394.4 | (1,041.5) | (52.9) | 1,273.1 | (1,092.8) | (0.8) | (339.6) | 614.8 | (202.3) | (13.7) | 12.9 | (450.5) | 322.6 | 69.4 |
| Key figures | |||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (49.2) | 1,237.8 | (2,297.4) | (1,078.9) | 2,089.2 | 1,059.9 | (2,948.7) | 1,379.5 | 352.3 | 1,256.8 | (2,440.9) | (1,041.8) | 1,458.7 | 276.6 | (1,266.7) | (396.9) | 729.1 | 498.4 | (1,658.1) | 280.8 | 154.5 |
| Rs mn | Q3 FY2026 Apr – Jun 2026 | Q2 FY2026 Jan – Mar 2026 | Q1 FY2026 Oct – Dec 2025 | Q4 FY2025 Jul – Sep 2025 | Q3 FY2025 Apr – Jun 2025 | Q2 FY2025 Jan – Mar 2025 | Q1 FY2025 Oct – Dec 2024 | Q4 FY2024 Jul – Sep 2024 | Q3 FY2024 Apr – Jun 2024 | Q2 FY2024 Jan – Mar 2024 | Q1 FY2024 Oct – Dec 2023 | Q4 FY2023 Jul – Sep 2023 | Q3 FY2023 Apr – Jun 2023 | Q2 FY2023 Jan – Mar 2023 | Q1 FY2023 Oct – Dec 2022 | Q4 FY2022 Jul – Sep 2022 | Q3 FY2022 Apr – Jun 2022 | Q2 FY2022 Jan – Mar 2022 | Q1 FY2022 Oct – Dec 2021 | Q4 FY2021 Jul – Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | -191.0% | — | +100.6% | — | — | -168.4% | -90.0% | -265.4% | — | -53.9% | — | -14.0% | -126.3% | — | -115.7% | — | -75.8% | -100.3% | +76.2% | -179.4% |
| Depreciation & amortisation | +12.2% | -4.8% | +2.2% | -3.4% | -0.9% | +0.4% | -0.4% | -2.8% | -2.9% | -3.1% | +28.5% | -31.9% | +1,216.2% | +116.1% | -28.3% | +94.9% | -90.2% | -39.9% | +39.8% | -2.3% |
| Net cash from operating activities | -14.0% | — | -173.1% | +408.4% | +10.8% | — | — | -71.5% | +255.5% | — | — | +73.2% | -34.4% | — | -180.1% | +362.2% | -28.1% | — | — | -79.2% |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | -99.8% | +95.2% | +358.0% | -32.8% | +803.4% | +154.5% | -23.7% | +304.5% | -52.6% | +88.9% | -77.3% | -86.4% | +51.7% | -78.5% | -36.1% | +312.2% | +75.2% | +44.3% | +364.1% | +43.6% |
| Net cash from investing activities | — | — | -421.6% | — | — | -492.3% | — | — | — | -59.1% | — | — | — | — | — | — | — | — | — | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | +31,788,500.0% | +166.8% | — | — | -100.0% | -57.3% | — | — | — | +39.8% | -100.0% | — | — | +27.1% | — | — | -100.0% | — | — | — |
| Borrowings raised / (repaid) | — | -14.9% | — | — | — | -53.0% | — | — | — | +100.5% | -103.8% | — | — | +50.0% | +513.2% | — | -238.1% | — | — | — |
| Net cash from financing activities | — | -17.5% | — | — | — | -52.9% | — | — | — | +101.9% | -103.8% | — | — | +50.6% | +513.2% | — | -264.6% | — | — | — |
| Net change in cash | -260.1% | — | -31.5% | — | — | -198.1% | — | — | — | +107.1% | — | — | -2,724.7% | — | -162.7% | -119.8% | -98.8% | — | — | -85.0% |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | +16.8% | — | -178.2% | +493.0% | -15.7% | — | — | -75.8% | +354.3% | — | — | +100.1% | -44.5% | — | -241.3% | +371.8% | -32.7% | — | — | -82.1% |
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 53
| Rs mn | Q3 FY2026 Apr – Jun 2026 | Q2 FY2026 Jan – Mar 2026 | Q1 FY2026 Oct – Dec 2025 | Q4 FY2025 Jul – Sep 2025 | Q3 FY2025 Apr – Jun 2025 | Q2 FY2025 Jan – Mar 2025 | Q1 FY2025 Oct – Dec 2024 | Q4 FY2024 Jul – Sep 2024 | Q3 FY2024 Apr – Jun 2024 | Q2 FY2024 Jan – Mar 2024 | Q1 FY2024 Oct – Dec 2023 | Q4 FY2023 Jul – Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | (142.0) | 23.8 | 76.0 | 17.0 | 156.1 | (61.6) | 37.9 | (318.9) | (10.0) | 90.1 | 379.3 | 192.8 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 203.8 | 150.6 | 96.8 | 138.2 | 177.4 | 150.0 | 113.4 | 147.8 | 300.2 | 231.7 | 138.2 | 142.1 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | (4.4) | (28.4) | 1.0 | 9.3 | 0.7 | (1.4) | 3.6 | (58.8) | 30.2 | (15.5) | 26.1 | 12.3 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 130.5 | 113.2 | 24.2 | 59.1 | 107.4 | 81.6 | 39.7 | 135.0 | 200.7 | 177.9 | 41.7 | 55.5 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 77.7 | 66.4 | 71.6 | 69.8 | 69.2 | 69.8 | 70.0 | 72.3 | 69.9 | 69.5 | 70.3 | 74.3 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 77.7 | 66.4 | 71.6 | 69.8 | 69.2 | 69.8 | 70.0 | 72.3 | 69.9 | 69.5 | 70.3 | 74.3 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | 0.0 | (0.7) | — | — | 0.0 | — | — | (0.6) | (0.6) | (0.1) | — | (0.0) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 33.3 | 52.6 | 90.2 | (6.8) | 72.9 | 33.4 | 48.5 | 117.4 | (84.6) | 24.1 | 133.0 | 1.5 |
| Interest Paid - Cash | 102.8 | 37.5 | 32.2 | 145.6 | 56.6 | 29.1 | 240.7 | 172.0 | 120.7 | 37.3 | 98.3 | 97.2 |
| Interest & Dividends - Received - Total - Cash Flow | 1.7 | 5.5 | 0.0 | 2.2 | — | 2.5 | — | 1.0 | 3.4 | 3.0 | — | 10.2 |
| Cash Flow from Operating Activities before Changes in Working Capital | (72.7) | 89.8 | 50.4 | 18.6 | 204.0 | 28.3 | (138.0) | (459.4) | 257.5 | 263.4 | 286.2 | 246.4 |
| Working Capital - Increase/(Decrease) - Cash Flow | 1,311.1 | (2,286.0) | (1,068.8) | 2,116.0 | 1,235.5 | (2,925.2) | 1,530.7 | 879.2 | 1,041.3 | (2,684.0) | (1,310.7) | 1,229.0 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | 80.1 | (276.0) | 507.3 | (127.2) | (403.4) | 1,345.4 | (1,051.5) | 560.3 | (1,066.9) | 255.2 | (156.9) | (88.9) |
| Inventories - Decrease/(Increase) - Cash Flow | 2,193.5 | (3,609.5) | (1,216.4) | 2,349.8 | 2,244.1 | (4,083.5) | 1,967.1 | 772.5 | 3,784.8 | (4,783.3) | (1,194.8) | 1,927.7 |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | — | — | — | — | 23.0 | (23.0) | — | — | 14.2 | (14.2) | — | (1.1) |
| Other Assets - Decrease/(Increase) - Cash Flow | (4.9) | 590.9 | (601.1) | (38.6) | (40.4) | 51.6 | (20.7) | 64.8 | (66.3) | 0.6 | 1.0 | (10.0) |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | (1,082.0) | 1,133.0 | 241.4 | (68.1) | (502.4) | (301.0) | 635.9 | (298.1) | (2,131.9) | 2,144.9 | 40.0 | (976.4) |
| Taxes Payable - Increase/(Decrease) - Cash Flow | 124.4 | (124.4) | — | — | (85.4) | 85.4 | — | (220.2) | 507.4 | (287.1) | — | 377.6 |
| Net Cash Flow from Operating Activities | 1,238.5 | (2,196.2) | (1,018.4) | 2,134.6 | 1,439.5 | (2,896.8) | 1,392.7 | 419.8 | 1,298.8 | (2,420.5) | (1,024.5) | 1,475.4 |
| Capital Expenditures - Net - Cash Flow | 0.6 | 100.5 | 60.5 | 45.3 | 379.6 | 51.8 | 13.2 | 67.5 | 39.8 | 20.2 | 17.3 | 16.7 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 0.6 | 100.5 | 60.5 | 43.3 | 379.6 | 51.8 | 13.2 | 67.5 | 39.8 | 20.2 | 17.3 | 16.7 |
| Property, Plant & Equipment - Purchased - Cash Flow | 0.6 | 101.2 | 60.5 | 43.3 | 379.6 | 51.8 | 13.2 | 67.5 | 42.0 | 20.4 | 17.3 | 16.7 |
| Property, Plant & Equipment Sold - Cash Flow | 0.0 | 0.7 | — | — | 0.0 | — | — | — | 2.2 | 0.2 | — | 0.0 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | — | — | — | 2.0 | — | — | — | — | — | — | — | — |
| Intangible Assets - Purchased/Acquired - Cash Flow | — | — | — | 2.0 | — | — | — | — | — | — | — | — |
| Capital Expenditures - Total | 0.6 | 101.2 | 60.5 | 45.3 | 379.6 | 51.8 | 13.2 | 67.5 | 42.0 | 20.4 | 17.3 | 16.7 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | — | — | — | — | — | — | — | 0.1 | 0.1 | — | 0.0 | — |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | — | — | — | — | — | — | — | 0.1 | 0.1 | — | 0.0 | — |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | — | — | — | — | — | — | — | 0.2 | — | — | — | — |
| Investment Securities - Purchased - Unclassified - Cash Flow | — | — | — | — | — | — | — | 0.1 | — | — | — | — |
| Other Investing Cash Flow - Decrease/(Increase) | 3.7 | (3.7) | 3.7 | (30.9) | 30.9 | (30.9) | 30.9 | (31.4) | 1.5 | 41.3 | (41.3) | (1.5) |
| Net Cash Flow from Investing Activities | 3.0 | (104.2) | (56.8) | (76.2) | (348.8) | (82.7) | 17.7 | (98.8) | (38.2) | 21.1 | (58.6) | (18.2) |
| Dividends Paid - Cash - Total - Cash Flow | 0.3 | 68.0 | — | — | 0.0 | 25.5 | — | — | 0.0 | 59.6 | 0.0 | 25.5 |
| Dividends - Common - Cash Paid | 0.3 | 68.0 | — | — | 0.0 | 25.5 | — | — | 0.0 | 59.6 | 0.0 | 25.5 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | (1,698.2) | 1,494.8 | 2,030.9 | (1,578.2) | (805.3) | 1,755.9 | (16.0) | (1,362.6) | (1,313.4) | 3,732.2 | (9.8) | (1,432.5) |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | (1,673.2) | 1,506.4 | 2,034.9 | (1,596.0) | (1,114.3) | 1,767.9 | 30.8 | (1,331.5) | (1,311.6) | 3,765.3 | — | (1,416.5) |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (25.0) | (11.7) | (4.0) | 17.8 | 309.1 | (12.0) | (46.8) | (31.1) | (1.8) | (33.1) | (9.8) | (16.0) |
| Debt - Issued - Long-Term - Cash Flow | 24.4 | 19.0 | 21.9 | 43.1 | 341.6 | — | — | — | — | — | 0.0 | 97.7 |
| Debt - Reduced - Long-Term - Cash Flow | 49.4 | 30.7 | 26.0 | 25.2 | 32.5 | 12.0 | 46.8 | 31.1 | 1.8 | 33.1 | 9.8 | 113.6 |
| Other Financing Cash Flow - Increase/(Decrease) | — | — | — | 0.0 | — | — | — | 0.0 | — | (0.0) | 0.0 | — |
| Net Cash Flow from Financing Activities | (1,698.6) | 1,426.8 | 2,030.9 | (1,578.2) | (805.3) | 1,730.4 | (16.0) | (1,362.5) | (1,313.5) | 3,672.6 | (9.8) | (1,458.0) |
| Net Change in Cash - Total | (457.0) | (873.6) | 955.7 | 480.2 | 285.5 | (1,249.1) | 1,394.4 | (1,041.5) | (52.9) | 1,273.1 | (1,092.8) | (0.8) |
| Net Cash from Continuing Operations | (457.0) | (873.6) | 955.7 | 480.2 | 285.5 | (1,249.1) | 1,394.4 | (1,041.5) | (52.9) | 1,273.1 | (1,092.8) | (0.8) |
| Net Cash - Beginning Balance | 15.8 | 889.4 | (66.3) | (546.5) | (832.0) | 417.2 | (977.2) | 64.4 | 142.4 | (1,155.9) | (629.6) | (62.3) |
| Net Cash - Ending Balance | (441.3) | 15.8 | 889.4 | (66.3) | (546.5) | (832.0) | 417.2 | (977.2) | 89.6 | 117.2 | (1,722.4) | (63.1) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 33.3 | 52.6 | 90.2 | (6.8) | 72.9 | 33.4 | 48.5 | 117.4 | (84.6) | 24.1 | 133.0 | 1.5 |
| Interest Paid - Cash Flow - Supplemental | 102.8 | 37.5 | 32.2 | 145.6 | 56.6 | 29.1 | 240.7 | 172.0 | 120.7 | 37.3 | 98.3 | 97.2 |
| Interest & Dividends - Received - Cash Flow - Supplemental | 1.7 | 5.5 | 0.0 | 2.2 | — | 2.5 | — | 1.0 | 3.4 | 3.0 | — | 10.2 |
| CF from Optg Activities before Change in WC & Int Payments | 30.2 | 127.3 | 82.6 | 164.2 | 260.5 | 57.5 | 102.7 | (287.4) | 378.2 | 300.7 | 384.5 | 343.6 |
| Depreciation, Depletion & Amortization - Cash Flow | 77.7 | 66.4 | 71.6 | 69.8 | 69.2 | 69.8 | 70.0 | 72.3 | 69.9 | 69.5 | 70.3 | 74.3 |
| Free Cash Flow to Equity | (460.4) | (801.9) | 952.0 | 511.1 | 254.6 | (1,192.8) | 1,363.5 | (1,010.3) | (54.4) | 1,291.5 | (1,051.6) | 26.2 |
| Free Cash Flow Net of Dividends | 1,237.5 | (2,365.4) | (1,078.9) | 2,089.2 | 1,059.9 | (2,974.1) | 1,379.5 | 352.3 | 1,256.7 | (2,500.5) | (1,041.8) | 1,433.2 |
| Free Cash Flow | 1,237.8 | (2,297.4) | (1,078.9) | 2,089.2 | 1,059.9 | (2,948.7) | 1,379.5 | 352.3 | 1,256.8 | (2,440.9) | (1,041.8) | 1,458.7 |
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.