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Fertilizer

AGL Agritech Limited

Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026

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Last close · 16 Oct 2026

Rs 46.99 +0.88%

Quarterly · Q3 FY2021 – Q2 FY2026

Agritech Limited (AGL) quarterly balance sheet

At the end of Q2 FY2026 (Apr – Jun 2026) Agritech Limited had total assets of Rs 95.5 bn, up 13.1% on Q2 FY2025. Current assets of Rs 23.9 bn covered current liabilities of Rs 49.4 bn 0.48 times. Total debt was Rs 25.8 bn, net debt Rs 11.6 bn. Shareholders' equity was Rs 16.8 bn (Rs 28.09 per share), 17.6% of total assets.

AGL balance sheet (quarterly) (Rs bn)
Rs bn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024
Assets
Cash & short-term investments 14.2 10.5 8.9 7.6 5.9 8.4 7.2 2.4
Trade receivables 0.1 0.4 1.0 — 0.0 0.0 0.0 0.1
Inventories 5.4 6.5 6.4 7.9 8.6 5.8 6.8 9.2
Other current assets — — — — — — 0.0 —
Total current assets 23.9 22.6 21.6 19.6 18.4 18.2 18.2 16.1
Property, plant & equipment 71.5 71.6 71.2 65.6 66.0 66.4 66.7 67.2
Intangible assets — — 0.0 0.0 0.0 0.0 0.0 2.6
Other non-current assets 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Total non-current assets 71.6 71.7 71.3 65.7 66.1 66.5 66.8 69.9
Total assets 95.5 94.2 92.8 85.3 84.4 84.7 85.0 86.0
Liabilities
Trade payables 8.5 7.0 5.3 5.0 4.9 7.1 7.7 7.6
Short-term borrowings & current portion of debt 7.0 6.8 6.7 1.9 1.9 2.0 2.2 2.9
Total current liabilities 49.4 46.9 44.3 38.9 38.1 41.3 41.4 41.2
Long-term debt 18.8 18.8 18.8 23.2 23.0 24.4 24.1 23.6
Other non-current liabilities 10.5 10.6 10.8 9.5 9.6 9.6 9.7 9.9
Total non-current liabilities 29.2 29.4 29.6 32.7 32.6 33.9 33.9 33.5
Total liabilities 78.6 76.3 73.9 71.6 70.7 75.2 75.3 74.7
Equity
Share capital 6.0 6.0 6.0 6.0 6.0 4.2 4.2 4.2
Reserves & retained earnings 10.8 11.9 13.0 7.7 7.7 5.2 5.5 7.1
Equity attributable to shareholders 16.8 17.9 18.9 13.7 13.7 9.5 9.7 11.3
Non-controlling interest 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Total equity 16.8 17.9 18.9 13.7 13.7 9.5 9.7 11.3
Total liabilities & equity 95.5 94.2 92.8 85.3 84.4 84.7 85.0 86.0
Key figures
Total debt 25.8 25.6 25.5 25.2 25.0 26.4 26.3 26.5
Net debt / (net cash) 11.6 15.1 16.6 17.5 19.1 18.0 19.1 24.2
Shares outstanding mn 599.1 599.1 599.1 599.1 599.1 424.6 424.6 415.6
Common equity 16.8 17.9 18.9 13.7 13.7 9.5 9.7 11.3
Book value per share (Rs) Rs 28.09 29.93 31.63 22.83 22.90 22.36 22.92 27.21
AGL balance sheet — year-on-year change (Rs mn)
Rs mn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024
Assets
Cash & short-term investments +141.6% +25.0% +22.9% +225.3% +3.8% +5.2% +19.2% -14.0%
Trade receivables — +5,629.9% +2,054.9% — — — — +508.3%
Inventories -37.8% +12.7% -6.0% -13.4% +47.2% +54.0% +99.3% +148.2%
Other current assets — — — — — — — —
Total current assets +30.0% +23.6% +18.4% +21.3% +14.1% +12.4% +32.6% +27.7%
Property, plant & equipment +8.3% +7.8% +6.7% -2.4% -2.5% -2.2% -2.4% -2.1%
Intangible assets — — -100.0% -100.0% -100.0% -100.0% -66.7% -0.0%
Other non-current assets -3.6% -3.4% -3.4% -1.9% +10.8% +10.8% +10.9% +12.7%
Total non-current assets +8.4% +7.9% +6.7% -6.0% -6.0% -5.8% -2.4% -2.0%
Total assets +13.1% +11.3% +9.2% -0.9% -2.3% -2.4% +3.5% +2.5%
Liabilities
Trade payables +75.6% -1.7% -31.8% -34.5% -42.6% -19.0% -2.3% +11.9%
Short-term borrowings & current portion of debt +260.0% +238.8% +205.4% -34.0% -33.3% -41.0% -35.8% -87.2%
Total current liabilities +29.8% +13.6% +7.0% -5.6% -6.5% +2.6% +8.9% -34.0%
Long-term debt -18.5% -22.9% -22.1% -1.5% -1.7% +4.0% +3.5% —
Other non-current liabilities +9.0% +11.1% +10.5% -4.3% -4.5% -6.2% -5.6% -6.9%
Total non-current liabilities -10.4% -13.3% -12.7% -2.4% -2.6% +0.9% +0.7% +214.4%
Total liabilities +11.2% +1.5% -1.8% -4.2% -4.7% +1.8% +5.1% +2.2%
Equity
Share capital 0.0% +41.1% +41.1% +41.1% +41.1% +8.2% +8.2% +8.2%
Reserves & retained earnings +40.3% +127.5% +136.2% +8.8% -2.4% -41.5% -16.6% +33.3%
Equity attributable to shareholders +22.7% +88.9% +94.7% +20.9% +12.8% -26.4% -7.4% +4.6%
Non-controlling interest — — — — — — — —
Total equity +22.7% +88.9% +94.7% +20.9% +12.8% -26.4% -7.4% +4.6%
Total liabilities & equity +13.1% +11.3% +9.2% -0.9% -2.3% -2.4% +3.5% +2.5%
Key figures
Total debt +3.2% -2.9% -3.1% -5.1% -5.2% -1.7% -1.6% +16.2%
Net debt / (net cash) -39.5% -15.9% -12.9% -27.5% -7.7% -4.7% -7.6% +20.3%
Shares outstanding — — — — — — — —
Common equity +22.7% +88.9% +94.7% +20.9% +12.8% -26.4% -7.4% +22.6%
Book value per share (Rs) +22.7% +33.9% +38.0% -16.1% -21.7% -32.0% -14.4% +15.8%

Change against the same quarter a year earlier; shown when the earlier figure is positive.

AGL balance sheet — common size (Rs mn)
Rs mn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024
Assets
Cash & short-term investments 14.9% 11.1% 9.5% 9.0% 7.0% 9.9% 8.5% 2.7%
Trade receivables 0.1% 0.4% 1.1% — 0.0% 0.0% 0.1% 0.1%
Inventories 5.6% 6.9% 6.9% 9.3% 10.2% 6.9% 8.0% 10.6%
Other current assets — — — — — — 0.0% —
Total current assets 25.0% 23.9% 23.2% 23.0% 21.8% 21.5% 21.4% 18.8%
Property, plant & equipment 74.8% 75.9% 76.6% 76.9% 78.1% 78.4% 78.5% 78.1%
Intangible assets — — 0.0% 0.0% 0.0% 0.0% 0.0% 3.0%
Other non-current assets 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1% 0.1%
Total non-current assets 75.0% 76.1% 76.8% 77.0% 78.2% 78.5% 78.6% 81.2%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Trade payables 9.0% 7.4% 5.7% 5.8% 5.8% 8.4% 9.1% 8.8%
Short-term borrowings & current portion of debt 7.3% 7.2% 7.2% 2.3% 2.3% 2.4% 2.6% 3.4%
Total current liabilities 51.7% 49.8% 47.8% 45.6% 45.1% 48.7% 48.7% 47.9%
Long-term debt 19.7% 19.9% 20.2% 27.2% 27.3% 28.8% 28.4% 27.4%
Other non-current liabilities 11.0% 11.3% 11.6% 11.1% 11.4% 11.3% 11.5% 11.5%
Total non-current liabilities 30.6% 31.2% 31.8% 38.4% 38.7% 40.1% 39.8% 38.9%
Total liabilities 82.4% 81.0% 79.6% 84.0% 83.8% 88.8% 88.6% 86.9%
Equity
Share capital 6.3% 6.4% 6.5% 7.0% 7.1% 5.0% 5.0% 4.9%
Reserves & retained earnings 11.4% 12.7% 14.0% 9.0% 9.2% 6.2% 6.5% 8.2%
Equity attributable to shareholders 17.6% 19.0% 20.4% 16.0% 16.2% 11.2% 11.4% 13.1%
Non-controlling interest 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Total equity 17.6% 19.0% 20.4% 16.0% 16.2% 11.2% 11.4% 13.1%
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Total debt 27.0% 27.2% 27.4% 29.5% 29.6% 31.1% 30.9% 30.8%
Net debt / (net cash) 12.1% 16.1% 17.9% 20.5% 22.6% 21.2% 22.5% 28.1%
Common equity 17.6% 19.0% 20.4% 16.0% 16.2% 11.2% 11.4% 13.1%

Each line as a percentage of total assets.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. Updated 16 Oct 2026.

All reported line items 109
AGL balance sheet — all reported line items (Rs bn)
Rs bn Q2 FY2026 Apr – Jun 2026 Q1 FY2026 Jan – Mar 2026 Q4 FY2025 Oct – Dec 2025 Q3 FY2025 Jul – Sep 2025 Q2 FY2025 Apr – Jun 2025 Q1 FY2025 Jan – Mar 2025 Q4 FY2024 Oct – Dec 2024 Q3 FY2024 Jul – Sep 2024
Cash & Cash Equivalents 0.1 0.5 0.1 0.3 0.6 0.1 0.4 0.2
Cash & Short Term Investments 14.2 10.5 8.9 7.6 5.9 8.4 7.2 2.4
Short-Term Investments - Total 14.1 10.0 8.7 7.3 5.3 8.2 6.8 2.1
Loans & Receivables - Net - Short-Term 0.3 0.6 1.2 — 0.0 0.0 0.1 0.2
Loans & Receivables - Total 0.3 0.7 1.2 0.0 0.0 0.1 0.1 0.2
Trade Accounts & Trade Notes Receivable - Net 0.1 0.4 1.0 — 0.0 0.0 0.0 0.1
Income Tax - Receivables - Short-Term 0.2 0.2 0.2 — 0.0 0.0 0.0 0.1
Inventories - Total 5.4 6.5 6.4 7.9 8.6 5.8 6.8 9.2
Inventories - Other - Total 5.4 6.5 6.4 7.9 8.6 5.8 6.8 9.2
Prepaid Expenses - Short-Term 4.0 4.9 5.2 4.0 3.8 4.0 4.2 4.5
Investments - Total 14.1 10.0 8.7 7.3 5.3 8.2 6.8 2.1
Other Current Assets - Total — — — — — — 0.0 —
Property, Plant & Equipment - Net - Total 71.5 71.6 71.2 65.6 66.0 66.4 66.7 67.2
Other Current Assets — — — — — — 0.0 —
Other Assets - Total 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Intangible Assets - Total - Net — — 0.0 0.0 0.0 0.0 0.0 2.6
Total Current Assets 23.9 22.6 21.6 19.6 18.4 18.2 18.2 16.1
Receivables & Loans - Long-Term 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0
Loans - Long-Term 0.1 0.1 0.0 0.0 0.0 0.0 0.0 0.0
Total Assets 95.5 94.2 92.8 85.3 84.4 84.7 85.0 86.0
Debt - Total 25.8 25.6 25.5 25.2 25.0 26.4 26.3 26.5
Short-Term Debt & Current Portion of Long-Term Debt 7.0 6.8 6.7 1.9 1.9 2.0 2.2 2.9
Current Portion of Long-Term Debt including Capitalized Leases 4.7 4.5 4.4 0.1 0.1 0.2 0.1 —
Short-Term Debt & Notes Payable 2.3 2.3 2.3 1.8 1.8 1.9 2.1 2.9
Debt - Long-Term - Total 18.8 18.8 18.8 23.2 23.0 24.4 24.1 23.6
Current Portion of Long-Term Debt excluding Capitalized Leases 4.7 4.5 4.4 0.1 0.1 0.2 0.1 —
Long-Term Debt excluding Capitalized Leases 0.2 0.3 0.2 4.7 4.5 4.3 4.1 3.6
Other Non-Current Assets - Total 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Debt - Non-Convertible - Long-Term 0.2 0.3 0.2 4.7 4.5 4.3 4.1 3.6
Dividends Payable 31.0 30.3 29.6 28.8 28.1 29.5 28.7 27.4
Payables & Accrued Expenses 8.5 7.0 5.3 5.0 4.9 7.1 7.7 7.6
Trade Account Payables - Total 8.5 7.0 5.3 5.0 4.9 7.1 7.7 7.6
Other Non-Current Assets 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Total Liabilities 78.6 76.3 73.9 71.6 70.7 75.2 75.3 74.7
Shareholders' Equity - Attributable to Parent Shareholders - Total 16.8 17.9 18.9 13.7 13.7 9.5 9.7 11.3
Total Non-Current Assets 71.6 71.7 71.3 65.7 66.1 66.5 66.8 69.9
Common Equity Attributable to Parent Shareholders 16.8 17.9 18.9 13.7 13.7 9.5 9.7 11.3
Common Equity - Contributed 6.0 6.0 6.0 6.0 6.0 4.2 4.2 4.2
Common Stock - Issued & Paid 6.0 6.0 6.0 6.0 6.0 4.2 4.2 4.2
Equity - Non-Contributed - Reserves & Retained Earnings 10.8 11.9 13.0 7.7 7.7 5.2 5.5 7.1
Retained Earnings - Total (24.4) (23.5) (22.7) (23.6) (23.8) (26.5) (26.5) (25.3)
Trade Accounts Payable & Accruals - Short-Term 8.5 7.0 5.3 5.0 4.9 7.1 7.7 7.6
Comprehensive Income - Accumulated - Total 35.2 35.4 35.7 31.3 31.6 31.8 32.0 32.3
Trade Accounts & Trade Notes Payable - Short-Term 8.5 7.0 5.3 5.0 4.9 7.1 7.7 7.6
Income Taxes - Payable - Short-Term — — — 0.5 0.5 — — —
Dividends/Distributions Payable 31.0 30.3 29.6 28.8 28.1 29.5 28.7 27.4
Other Current Liabilities - Total 2.9 2.8 2.8 2.7 2.7 2.7 2.7 3.3
Common Equity - Total 16.8 17.9 18.9 13.7 13.7 9.5 9.7 11.3
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 16.8 17.9 18.9 13.7 13.7 9.5 9.7 11.3
Total Liabilities & Equity 95.5 94.2 92.8 85.3 84.4 84.7 85.0 86.0
Other Current Liabilities 2.9 2.8 2.8 2.7 2.7 2.7 2.7 3.3
Revaluation Reserves 35.2 35.4 35.7 31.3 31.6 31.8 32.0 32.3
Total Current Liabilities 49.4 46.9 44.3 38.9 38.1 41.3 41.4 41.2
Hybrid Financial Instrument - Liability - Long-Term 18.5 18.5 18.5 18.5 18.5 20.0 20.0 20.0
Preferred Stock - Liability Portion - Long-Term 18.5 18.5 18.5 18.5 18.5 20.0 20.0 20.0
Other Non-Current Liabilities - Total 10.5 10.6 10.8 9.5 9.6 9.6 9.7 9.9
Deferred Revenue - Long-Term 10.5 10.6 10.8 9.5 9.6 9.6 9.7 9.9
Other Non-Current Liabilities — — — — — — 0.0 —
Total Non-Current Liabilities 29.2 29.4 29.6 32.7 32.6 33.9 33.9 33.5
Preferred Shareholders Equity — — — — — — — —
Preferred Stock - Non-Redeemable — — — — — — — —
Common Shares - Issued - Total mn 599.1 599.1 599.1 599.1 599.1 424.6 424.6 415.6
Common Shares - Outstanding - Total mn 599.1 599.1 599.1 599.1 599.1 424.6 424.6 415.6
Common Shares - Treasury - Total mn 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Common Shares - Authorized - Issue Specific mn 35,000.0 35,000.0 35,000.0 — 35,000.0 1,000.0 1,000.0 —
Common Shares - Issued - Issue Specific mn 599.1 599.1 599.1 599.1 599.1 424.6 424.6 415.6
Common Shares - Outstanding - Issue Specific mn 599.1 599.1 599.1 599.1 599.1 424.6 424.6 415.6
Common Shares - Treasury - Issue Specific mn 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Asset Allocation Factor - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00× 1.00×
Debt including Finance and Operating Lease Liabilities - Supplemental 25.8 25.6 25.5 25.2 25.0 26.4 26.3 26.5
Net Debt 11.6 15.1 16.6 17.5 19.1 18.0 19.1 24.2
Preferred Shares - Authorized - Issue Specific mn — — — — — 500.0 500.0 —
Preferred Shares - Issued - Issue Specific mn 0.0 0.0 0.0 0.0 0.0 148.5 148.5 159.3
Preferred Shares - Outstanding - Issue Specific mn 0.0 0.0 0.0 0.0 0.0 148.5 148.5 159.3
Preferred Shares - Treasury - Issue Specific mn 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Asset Accruals 95.3 93.7 92.7 84.9 83.8 84.5 84.6 85.8
Cash & Cash Equivalents - Total 0.1 0.5 0.1 0.3 0.6 0.1 0.4 0.2
Cash & Short Term Investments - Total 14.2 10.5 8.9 7.6 5.9 8.4 7.2 2.4
Debt - including Preferred Equity & Minority Interest - Total 25.8 25.6 25.5 25.2 25.0 26.4 26.3 26.5
Net Book Capital 28.4 33.1 35.6 31.2 32.8 27.5 28.8 35.5
Net Operating Assets 28.4 33.1 35.6 31.2 32.8 27.5 28.8 35.5
Shareholders Equity - Common 16.8 17.9 18.9 13.7 13.7 9.5 9.7 11.3
Tangible Total Equity 16.8 17.9 18.9 13.7 13.7 9.5 9.7 8.7
Tangible Book Value 16.8 17.9 18.9 13.7 13.7 9.5 9.7 8.7
Total Book Capital 42.6 43.5 44.4 38.8 38.7 35.9 36.0 37.8
Total Capital 42.6 43.5 44.4 38.8 38.7 35.9 36.0 37.8
Total Long Term Capital 46.1 47.4 48.5 46.4 46.4 43.4 43.6 44.8
Unearned Revenue - Total 10.5 10.6 10.8 9.5 9.6 9.6 9.7 9.9
Book Value excluding Other Equity 16.8 17.9 18.9 13.7 13.7 9.5 9.7 11.3
Income Taxes - Payable - Long-Term & Short-Term — — — 0.5 0.5 — — —
Accruals - Short-Term (25.7) (24.8) (22.9) (19.6) (20.3) (23.2) (23.6) (25.3)
Cash & Short Term Investments - Net of Debt (11.6) (15.1) (16.6) (17.5) (19.1) (18.0) (19.1) (24.2)
Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments 4.7 4.5 4.4 0.1 0.1 0.2 0.1 —
Total Fixed Assets - Net 71.5 71.6 71.2 65.7 66.0 66.4 66.8 69.9
Working Capital (25.5) (24.3) (22.8) (19.3) (19.7) (23.0) (23.2) (25.1)
Interest Bearing Liabilities - Total 25.8 25.6 25.5 25.2 25.0 26.4 26.3 26.5
Working Capital - Non-Cash (39.7) (34.8) (31.6) (27.0) (25.6) (31.4) (30.4) (27.4)
Working Capital excluding Other Current Assets & Liabilities (22.6) (21.5) (20.0) (16.6) (17.0) (20.4) (20.4) (21.8)
Net Debt Including Preferred Equity & Minority Interest 11.6 15.1 16.6 17.5 19.1 18.0 19.1 24.2
Other Short-Term & Long-Term Assets - Total 0.1 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Other Short-Term & Long-Term Liabilities - Total 2.9 2.8 2.8 2.7 2.7 2.7 2.7 3.3
Total Current Assets excluding Total Inventories 18.5 16.0 15.2 11.7 9.7 12.4 11.4 7.0
Tangible Book Value excluding Other Equity 16.8 17.9 18.9 13.7 13.7 9.5 9.7 8.7
Total Debt Excluding Islamic 25.8 25.6 25.5 25.2 25.0 26.4 26.3 26.5
Trade Accounts & Trade Notes Receivable - Net - Total 0.1 0.4 1.0 — 0.0 0.0 0.0 0.1
Current Liabilities excluding Current Debt - Total 42.4 40.1 37.6 37.0 36.1 39.3 39.2 38.3
Cash in Hand & with Banks - Total 0.1 0.5 0.1 0.3 0.6 0.1 0.4 0.2
Current Assets excluding Cash & Short Term Investments - Total 9.7 12.1 12.7 11.9 12.5 9.9 11.0 13.8
Cash, Short Term Investments & Accounts Receivable - Total 14.3 10.9 9.8 — 5.9 8.4 7.3 2.4

Every line the company reported, in the original order and wording, without regrouping or signs changed.