Ahmad Hassan Textile Mills Limited (AHTM) quarterly cash flow statement

Operating activities generated -Rs 34.1 mn of cash in Q4 FY2026 (Apr – Jun 2026), down 107.1% on Q4 FY2025. Capital expenditure was Rs 43.6 mn, leaving free cash flow of -Rs 77.7 mn. Dividends paid to shareholders came to Rs 5.7 mn. Overall, cash decreased by Rs 100.9 mn.

AHTM cash flow statement (quarterly) (Rs mn)
Rs mn	TTM to Jun 2026	Q4 FY2026 Apr – Jun 2026	Q3 FY2026 Jan – Mar 2026	Q2 FY2026 Oct – Dec 2025	Q1 FY2026 Jul – Sep 2025	Q4 FY2025 Apr – Jun 2025	Q3 FY2025 Jan – Mar 2025	Q2 FY2025 Oct – Dec 2024	Q1 FY2025 Jul – Sep 2024	Q4 FY2024 Apr – Jun 2024	Q3 FY2024 Jan – Mar 2024	Q2 FY2024 Oct – Dec 2023	Q1 FY2024 Jul – Sep 2023	Q4 FY2023 Apr – Jun 2023	Q3 FY2023 Jan – Mar 2023	Q2 FY2023 Oct – Dec 2022	Q1 FY2023 Jul – Sep 2022	Q4 FY2022 Apr – Jun 2022	Q3 FY2022 Jan – Mar 2022	Q2 FY2022 Oct – Dec 2021	Q1 FY2022 Jul – Sep 2021
Operating activities
Profit (cash-flow starting line, as reported)	90.1	(37.3)	30.9	61.3	35.2	(9.2)	62.1	23.8	27.8	(13.6)	(9.6)	50.2	28.7	29.1	(5.1)	42.5	93.7	(16.3)	47.5	97.1	77.7
Depreciation & amortisation	121.0	30.0	30.5	29.6	30.9	23.5	31.7	22.0	22.2	22.0	23.9	21.0	21.1	23.0	24.8	25.8	21.1	24.4	20.0	17.6	17.0
Net cash from operating activities	(44.7)	(34.1)	(19.4)	224.5	(215.8)	482.4	(69.8)	75.4	36.8	(93.8)	(212.7)	150.9	(136.1)	108.8	(21.1)	295.2	(191.8)	254.2	(119.1)	(49.2)	(90.6)
Investing activities
Capital expenditure	(111.3)	(43.6)	(13.3)	(37.1)	(17.2)	(79.2)	(37.6)	(1.4)	0.0	(71.4)	(111.2)	(136.7)	—	(44.2)	(38.1)	(44.6)	(2.7)	(73.9)	(56.2)	(61.6)	(8.9)
Net cash from investing activities	(59.6)	(31.4)	(12.9)	(14.5)	(0.8)	(69.9)	(37.0)	3.8	10.9	(43.1)	(3.9)	(105.0)	(13.6)	15.6	(16.9)	(5.2)	6.8	(65.7)	(41.4)	(48.8)	5.0
Financing activities
Dividends paid	—	(5.7)	(1.7)	(5.1)	—	0.0	0.0	—	—	(1.3)	(2.4)	(2.3)	—	(5.5)	—	(49.6)	—	(4.9)	(2.3)	(6.5)	—
Borrowings raised / (repaid)	(77.8)	(129.7)	11.6	(155.3)	195.6	(104.5)	176.6	(67.7)	(55.5)	(107.3)	391.5	(213.7)	132.4	(23.2)	(142.5)	(100.0)	185.7	(289.5)	314.4	(39.4)	82.4
Net cash from financing activities	9.7	(35.4)	9.9	(160.4)	195.6	(104.5)	102.1	(67.7)	(55.5)	(108.5)	389.1	(216.6)	133.0	(30.0)	(96.3)	(154.6)	183.8	(299.5)	309.4	(51.1)	82.4
Net change in cash	(94.6)	(100.9)	(22.4)	49.7	(21.0)	308.0	(4.7)	11.5	(7.7)	(245.4)	172.5	(170.7)	(16.8)	94.5	(134.3)	135.4	(1.2)	(111.0)	149.0	(149.0)	(3.2)
Key figures
Free cash flow (operating cash flow − capex)	(156.0)	(77.7)	(32.7)	187.4	(233.0)	403.2	(107.4)	74.0	36.8	(165.2)	(323.9)	14.2	—	64.6	(59.2)	250.6	(194.6)	180.3	(175.2)	(110.8)	(99.5)

AHTM cash flow statement — year-on-year change (Rs mn)
Rs mn	Q4 FY2026 Apr – Jun 2026	Q3 FY2026 Jan – Mar 2026	Q2 FY2026 Oct – Dec 2025	Q1 FY2026 Jul – Sep 2025	Q4 FY2025 Apr – Jun 2025	Q3 FY2025 Jan – Mar 2025	Q2 FY2025 Oct – Dec 2024	Q1 FY2025 Jul – Sep 2024	Q4 FY2024 Apr – Jun 2024	Q3 FY2024 Jan – Mar 2024	Q2 FY2024 Oct – Dec 2023	Q1 FY2024 Jul – Sep 2023	Q4 FY2023 Apr – Jun 2023	Q3 FY2023 Jan – Mar 2023	Q2 FY2023 Oct – Dec 2022	Q1 FY2023 Jul – Sep 2022	Q4 FY2022 Apr – Jun 2022	Q3 FY2022 Jan – Mar 2022	Q2 FY2022 Oct – Dec 2021	Q1 FY2022 Jul – Sep 2021
Operating activities
Profit (cash-flow starting line, as reported)	—	-50.3%	+157.7%	+26.8%	—	—	-52.6%	-3.3%	-146.7%	—	+17.9%	-69.3%	—	-110.7%	-56.2%	+20.5%	—	-40.4%	-33.2%	+74.5%
Depreciation & amortisation	+27.5%	-3.6%	+34.3%	+39.3%	+7.1%	+32.7%	+4.6%	+5.2%	-4.5%	-3.9%	-18.5%	-0.3%	-5.7%	+24.4%	+46.4%	+23.9%	+304.0%	+173,397.3%	-45.6%	-47.1%
Net cash from operating activities	-107.1%	—	+197.8%	-686.0%	—	—	-50.0%	—	-186.2%	—	-48.9%	—	-57.2%	—	—	—	—	-243.2%	-159.1%	—
Investing activities
Capital expenditure	-44.9%	-64.5%	+2,528.9%	—	+11.0%	-66.2%	-99.0%	—	+61.3%	+191.9%	+206.3%	—	-40.2%	-32.1%	-27.6%	-69.3%	+124.2%	+33.7%	+299.5%	-57.9%
Net cash from investing activities	—	—	-479.1%	-107.2%	—	—	—	—	-375.5%	—	—	-300.7%	—	—	—	+35.4%	-825.6%	-475.2%	—	-63.6%
Financing activities
Dividends paid	—	—	—	—	-100.0%	-100.0%	—	—	-77.3%	—	-95.3%	—	+13.0%	—	+666.0%	—	—	-12.4%	-58.7%	—
Borrowings raised / (repaid)	—	-93.5%	—	—	—	-54.9%	—	-141.9%	—	—	—	-28.7%	—	-145.3%	—	+125.5%	—	—	-444.2%	-46.2%
Net cash from financing activities	—	-90.4%	—	—	—	-73.8%	—	-141.7%	—	—	—	-27.7%	—	-131.1%	—	+123.2%	—	—	—	-46.2%
Net change in cash	-132.8%	—	+330.2%	—	—	-102.7%	—	—	-359.8%	—	-226.1%	—	—	-190.1%	—	—	—	—	-539.0%	-106.2%
Key figures
Free cash flow (operating cash flow − capex)	-119.3%	—	+153.2%	-732.6%	—	—	+422.4%	—	-355.8%	—	-94.3%	—	-64.2%	—	—	—	—	-525.8%	-263.5%	—

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 54

AHTM cash flow statement — all reported line items (Rs mn)
Rs mn	Q4 FY2026 Apr – Jun 2026	Q3 FY2026 Jan – Mar 2026	Q2 FY2026 Oct – Dec 2025	Q1 FY2026 Jul – Sep 2025	Q4 FY2025 Apr – Jun 2025	Q3 FY2025 Jan – Mar 2025	Q2 FY2025 Oct – Dec 2024	Q1 FY2025 Jul – Sep 2024	Q4 FY2024 Apr – Jun 2024	Q3 FY2024 Jan – Mar 2024	Q2 FY2024 Oct – Dec 2023	Q1 FY2024 Jul – Sep 2023	Q4 FY2023 Apr – Jun 2023	Q3 FY2023 Jan – Mar 2023	Q2 FY2023 Oct – Dec 2022	Q1 FY2023 Jul – Sep 2022	Q4 FY2022 Apr – Jun 2022	Q3 FY2022 Jan – Mar 2022	Q2 FY2022 Oct – Dec 2021	Q1 FY2022 Jul – Sep 2021
Profit/(Loss) - Starting Line - Cash Flow	(37.3)	30.9	61.3	35.2	(9.2)	62.1	23.8	27.8	(13.6)	(9.6)	50.2	28.7	29.1	(5.1)	42.5	93.7	(16.3)	47.5	97.1	77.7
Non-cash Items & Reconciliation Adjustments - Cash Flow	126.5	68.9	12.3	56.7	126.6	53.0	80.9	71.6	94.3	90.2	27.8	29.9	36.7	45.6	57.1	48.7	43.9	63.9	(4.0)	33.1
Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile	66.7	11.9	(41.2)	4.3	73.3	(17.2)	16.0	(0.2)	33.6	30.0	(16.7)	(18.9)	(12.2)	4.8	11.5	6.7	2.1	28.6	(29.6)	5.7
Financial Income/(Expense) - Cash Flow - to Reconcile	29.8	26.4	26.3	22.0	28.2	39.0	44.5	49.7	36.0	37.3	25.5	28.8	26.0	17.6	20.7	20.9	16.6	14.2	11.2	8.7
Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile	30.0	30.5	29.6	30.9	23.5	31.7	22.0	22.2	22.0	23.9	21.0	21.1	23.0	24.8	25.8	21.1	24.4	20.0	17.6	17.0
Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile	30.0	30.5	29.6	30.9	23.5	31.7	22.0	22.2	22.0	23.9	21.0	21.1	23.0	24.8	25.8	21.1	24.4	20.0	17.6	17.0
Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile	(1.8)	(0.0)	(0.5)	(0.4)	(0.3)	(0.2)	(0.3)	(0.1)	1.2	(0.4)	(1.1)	(0.8)	(0.5)	(2.1)	(0.3)	—	1.1	0.0	0.0	(1.0)
Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile	1.8	0.0	(1.8)	—	1.7	(0.3)	(1.3)	0.0	1.6	(0.6)	(1.0)	(0.2)	0.4	0.5	(0.6)	0.0	(0.3)	1.1	(3.2)	2.6
Income Taxes - Paid/(Reimbursed) - Cash Flow	31.0	11.4	20.0	17.3	15.8	35.0	18.0	9.1	(7.1)	49.1	16.2	8.6	44.2	13.1	(2.6)	8.4	5.5	13.0	21.7	19.5
Interest Paid - Cash	21.7	28.4	50.9	26.6	29.7	47.3	98.1	46.6	35.2	32.1	49.1	24.9	21.7	19.2	43.5	17.2	12.8	11.6	8.8	6.0
Interest & Dividends - Received - Total - Cash Flow	—	—	26.6	—	0.0	—	46.6	—	4.4	0.4	24.9	0.0	0.6	0.9	17.2	0.0	0.0	0.0	—	0.1
Cash Flow from Operating Activities before Changes in Working Capital	36.5	60.0	29.3	48.0	71.9	32.8	35.1	43.7	57.0	(0.1)	37.6	25.1	0.5	9.1	76.0	116.8	9.3	86.9	62.6	85.5
Working Capital - Increase/(Decrease) - Cash Flow	(70.6)	(79.4)	195.2	(263.9)	410.5	(102.6)	40.3	(6.9)	(150.8)	(212.6)	113.3	(161.2)	108.3	(30.2)	219.3	(308.6)	244.9	(205.9)	(111.8)	(176.0)
Accounts Receivables - Decrease/(Increase) - Cash Flow	182.1	(180.3)	(69.2)	126.8	(16.6)	197.3	40.9	(214.9)	(148.4)	(51.1)	157.8	(266.4)	58.2	(76.7)	91.1	(179.9)	309.8	79.9	(138.3)	(138.0)
Inventories - Decrease/(Increase) - Cash Flow	19.5	(64.6)	57.8	(209.8)	30.9	143.7	(119.3)	90.6	(135.2)	(27.0)	(39.1)	46.0	30.9	(37.0)	177.9	92.0	(158.2)	(83.1)	1.5	(313.1)
Other Assets - Decrease/(Increase) - Cash Flow	—	—	—	—	—	—	—	—	—	—	(40.3)	40.3	—	—	—	—	—	—	—	—
Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow	(272.2)	165.5	206.6	(180.9)	396.1	(443.6)	118.8	117.3	132.8	(134.6)	34.9	18.9	19.2	83.5	(49.7)	(220.7)	93.3	(202.7)	25.1	275.1
Net Cash Flow from Operating Activities	(34.1)	(19.4)	224.5	(215.8)	482.4	(69.8)	75.4	36.8	(93.8)	(212.7)	150.9	(136.1)	108.8	(21.1)	295.2	(191.8)	254.2	(119.1)	(49.2)	(90.6)
Capital Expenditures - Net - Cash Flow	31.4	12.9	24.1	10.0	54.6	37.6	(3.2)	0.0	71.1	(25.1)	136.2	(25.9)	(23.2)	16.2	5.8	2.7	66.2	40.9	57.7	(0.0)
Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow	31.4	12.9	24.1	10.0	54.6	37.6	(3.2)	0.0	71.1	(25.1)	136.2	(25.9)	(23.2)	16.2	5.8	2.7	66.2	40.9	57.7	(0.0)
Property, Plant & Equipment - Purchased - Cash Flow	43.6	13.3	37.1	17.2	79.2	37.6	1.4	0.0	71.4	111.2	136.7	—	44.2	38.1	44.6	2.7	73.9	56.2	61.6	8.9
Property, Plant & Equipment Sold - Cash Flow	12.2	0.4	13.1	7.2	24.6	0.0	4.7	0.0	0.3	136.3	0.6	25.9	67.5	21.9	38.8	0.0	7.7	15.2	4.0	8.9
Capital Expenditures - Total	43.6	13.3	37.1	17.2	79.2	37.6	1.4	0.0	71.4	111.2	136.7	—	44.2	38.1	44.6	2.7	73.9	56.2	61.6	8.9
Investments excluding Loans - Decrease/(Increase) - Cash Flow	(18.8)	0.0	9.6	9.2	(15.3)	12.1	0.6	10.9	28.0	(29.0)	31.2	(39.5)	(7.6)	(0.8)	0.6	9.5	0.6	(0.4)	9.0	5.0
Investment Property excluded from Capital Expenditures - Sold/(Purchased) - Net - Cash Flow	—	—	—	—	—	—	—	0.0	29.5	(29.5)	30.1	(30.1)	—	—	—	—	0.0	0.0	0.0	0.0
Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow	(18.8)	0.0	9.6	9.2	(15.3)	12.1	0.6	10.9	(1.6)	0.5	1.1	(9.4)	(7.6)	(0.8)	0.6	9.5	0.6	(0.4)	9.0	5.0
Investment Securities - Sold/Matured - Unclassified - Cash Flow	—	—	—	—	—	—	17.1	—	—	—	—	—	—	—	—	—	—	—	—	—
Investment Securities - Purchased - Unclassified - Cash Flow	—	—	—	—	—	—	16.5	—	—	—	—	—	—	—	—	—	—	—	—	—
Other Investing Cash Flow - Decrease/(Increase)	18.8	—	—	—	—	(11.5)	—	—	(0.0)	—	—	—	—	—	—	—	—	—	(0.1)	—
Net Cash Flow from Investing Activities	(31.4)	(12.9)	(14.5)	(0.8)	(69.9)	(37.0)	3.8	10.9	(43.1)	(3.9)	(105.0)	(13.6)	15.6	(16.9)	(5.2)	6.8	(65.7)	(41.4)	(48.8)	5.0
Dividends Paid - Cash - Total - Cash Flow	5.7	1.7	5.1	—	0.0	0.0	—	—	1.3	2.4	2.3	—	5.5	—	49.6	—	4.9	2.3	6.5	—
Dividends - Common - Cash Paid	5.7	1.7	5.1	—	0.0	0.0	—	—	1.3	2.4	2.3	—	5.5	—	49.6	—	4.9	2.3	6.5	—
Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow	(129.7)	11.6	(155.3)	195.6	(104.5)	176.6	(67.7)	(55.5)	(107.3)	391.5	(213.7)	132.4	(23.2)	(142.5)	(100.0)	185.7	(289.5)	314.4	(39.4)	82.4
Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow	9.5	(48.9)	(117.0)	231.3	(74.6)	81.7	(31.2)	(99.7)	(128.9)	372.6	(196.1)	56.1	42.8	(78.1)	(115.8)	167.9	(263.7)	315.2	(16.9)	54.9
Debt - Issued/Reduced - Long-Term - Cash Flow	(139.1)	60.4	(38.3)	(35.7)	(29.9)	94.9	(36.5)	44.2	21.6	18.9	(17.6)	76.3	(65.9)	(64.4)	15.8	17.8	(25.8)	(0.8)	(22.6)	27.5
Lease liabilities - Issued/(Reduced) - Cash Flow	(5.0)	(1.4)	(4.1)	—	(1.0)	(3.5)	(3.1)	—	(1.4)	(1.9)	(2.7)	—	(4.2)	(36.0)	33.6	—	(0.2)	(0.2)	(1.3)	(0.2)
Debt - Issued - Long-Term - Cash Flow	—	61.9	1.3	—	150.6	98.4	109.3	45.7	156.7	34.1	95.6	—	—	—	54.0	—	118.2	46.5	19.8	33.1
Lease liabilities - Issued - Cash flow	—	—	—	—	—	—	—	—	—	—	—	—	—	—	36.0	—	—	—	—	—
Debt - Reduced - Long-Term - Cash Flow	139.1	1.4	39.7	35.7	180.5	3.5	145.7	1.5	135.0	15.2	113.1	—	65.9	—	38.1	—	144.0	47.3	42.3	5.6
Lease liabilities - Reduced - Cash flow represents cash outflow due to the repayment of lease liability/debt of the company. It includes finance leases, capitalized lease, and hire-purchase agreement. Applicable to all industries. If Lease liability issue	5.0	1.4	4.1	—	1.0	3.5	3.1	—	1.4	1.9	2.7	—	4.2	—	2.4	—	0.2	0.2	1.3	0.2
Other Financing Cash Flow - Increase/(Decrease)	100.0	0.0	—	—	—	(74.5)	—	0.0	0.0	—	(0.6)	0.6	(1.3)	46.2	(5.0)	(1.9)	(5.2)	(2.7)	(5.2)	—
Net Cash Flow from Financing Activities	(35.4)	9.9	(160.4)	195.6	(104.5)	102.1	(67.7)	(55.5)	(108.5)	389.1	(216.6)	133.0	(30.0)	(96.3)	(154.6)	183.8	(299.5)	309.4	(51.1)	82.4
Net Change in Cash - Total	(100.9)	(22.4)	49.7	(21.0)	308.0	(4.7)	11.5	(7.7)	(245.4)	172.5	(170.7)	(16.8)	94.5	(134.3)	135.4	(1.2)	(111.0)	149.0	(149.0)	(3.2)
Net Cash from Continuing Operations	—	(22.4)	49.7	(21.0)	308.0	(4.7)	11.5	(7.7)	(245.4)	172.5	(170.7)	(16.8)	94.5	(134.3)	135.4	(1.2)	(111.0)	149.0	(149.0)	(3.2)
Net Cash - Beginning Balance	—	51.2	1.6	22.5	(349.9)	12.4	(356.7)	8.6	(103.6)	(170.3)	(105.3)	17.2	(183.0)	136.0	(184.2)	1.9	(72.0)	(147.8)	(33.8)	4.4
Net Cash - Ending Balance	(136.6)	28.8	51.2	1.6	(41.9)	7.7	(345.2)	0.8	(349.0)	2.2	(276.0)	0.4	(88.6)	1.7	(48.7)	0.6	(182.9)	1.2	(182.8)	1.2
Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental	31.0	11.4	20.0	17.3	15.8	35.0	18.0	9.1	(7.1)	49.1	16.2	8.6	44.2	13.1	(2.6)	8.4	5.5	13.0	21.7	19.5
Interest Paid - Cash Flow - Supplemental	21.7	28.4	50.9	26.6	29.7	47.3	98.1	46.6	35.2	32.1	49.1	24.9	21.7	19.2	43.5	17.2	12.8	11.6	8.8	6.0
Interest & Dividends - Received - Cash Flow - Supplemental	—	—	26.6	—	0.0	—	46.6	—	4.4	0.4	24.9	0.0	0.6	0.9	17.2	0.0	0.0	0.0	—	0.1
CF from Optg Activities before Change in WC & Int Payments	58.2	88.4	80.2	74.6	101.6	80.1	133.1	90.3	92.2	31.9	86.6	50.0	22.3	28.3	119.5	134.0	22.2	98.5	71.3	91.4
Depreciation, Depletion & Amortization - Cash Flow	30.0	30.5	29.6	30.9	23.5	31.7	22.0	22.2	22.0	23.9	21.0	21.1	23.0	24.8	25.8	21.1	24.4	20.0	17.6	17.0
Free Cash Flow to Equity	(195.2)	(20.7)	45.1	(30.2)	323.3	69.2	11.0	(18.7)	(272.1)	203.8	(199.0)	22.2	108.9	(179.7)	189.5	(8.8)	(101.5)	154.4	(146.3)	(8.2)
Free Cash Flow Net of Dividends	(83.4)	(34.4)	182.3	(233.0)	403.2	(107.4)	74.0	36.8	(166.4)	(326.3)	11.8	—	59.1	(59.2)	201.0	(194.6)	175.4	(177.5)	(117.3)	(99.5)
Free Cash Flow	(77.7)	(32.7)	187.4	(233.0)	403.2	(107.4)	74.0	36.8	(165.2)	(323.9)	14.2	—	64.6	(59.2)	250.6	(194.6)	180.3	(175.2)	(110.8)	(99.5)

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