Amtex Limited (AMTEX) quarterly cash flow statement

Operating activities generated -Rs 46.2 mn of cash in Q4 FY2026 (Apr – Jun 2026), -35% of the starting profit. Capital expenditure was Rs 57.7 mn, leaving free cash flow of -Rs 103.9 mn. Overall, cash decreased by Rs 65.5 mn.

AMTEX 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)	174.4	133.8	(52.7)	71.3	21.9	(19.5)	(58.7)	(30.6)	14.2	59.8	2.4	18.6	41.5	(93.8)	(37.5)	(5.5)	295.2	143.8	2.8	(4.4)	(22.3)
Depreciation & amortisation	43.0	12.4	11.3	9.3	10.1	10.2	10.4	9.7	10.1	10.8	10.5	8.9	8.8	11.4	7.7	4.6	10.9	14.3	11.1	12.1	12.1
Net cash from operating activities	93.4	(46.2)	80.3	53.0	6.4	(191.4)	(56.1)	82.6	(109.8)	306.9	33.6	4.8	108.6	77.0	96.9	(35.2)	110.3	(5.0)	29.5	(22.1)	(18.4)
Investing activities
Capital expenditure	—	(57.7)	(13.3)	(11.5)	—	(32.6)	(24.7)	0.0	—	(321.8)	(47.8)	(58.6)	(5.0)	(1.7)	(19.6)	(5.2)	(3.1)	(20.6)	(0.0)	(18.6)	(1.8)
Net cash from investing activities	(24.5)	(8.9)	(13.3)	(11.2)	8.9	133.8	51.8	102.4	108.2	(214.8)	52.2	120.3	(5.0)	(5.6)	(19.6)	(3.1)	801.9	(0.2)	(0.0)	16.4	3.3
Financing activities
Borrowings raised / (repaid)	(41.2)	(10.4)	(19.1)	(3.0)	(8.8)	77.2	(65.5)	(127.0)	(32.5)	(17.5)	(103.0)	(170.0)	(110.0)	(94.3)	(65.2)	6.1	(839.8)	(61.0)	0.0	(7.5)	(1.9)
Net cash from financing activities	(41.2)	(10.4)	(19.1)	(3.0)	(8.8)	77.2	(65.5)	(127.0)	(32.5)	(17.5)	(103.0)	(170.0)	(110.0)	(94.3)	(65.2)	6.1	(839.8)	(61.0)	0.0	(7.5)	(1.9)
Net change in cash	27.7	(65.5)	47.9	38.8	6.5	19.6	(69.7)	58.0	(34.1)	74.6	(17.2)	(44.9)	(6.4)	(22.9)	12.1	(32.2)	72.4	(66.3)	29.5	(13.2)	(16.9)
Key figures
Free cash flow (operating cash flow − capex)	—	(103.9)	66.9	41.4	—	(224.0)	(80.8)	82.6	—	(14.9)	(14.2)	(53.8)	103.6	75.4	77.3	(40.4)	107.2	(25.6)	29.5	(40.7)	(20.1)

AMTEX 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)	—	—	—	+54.8%	-132.6%	-2,569.7%	-264.3%	-65.9%	—	—	—	-85.9%	-165.2%	-1,419.6%	—	—	—	—	-119.5%	—
Depreciation & amortisation	+21.9%	+8.6%	-4.2%	-0.1%	-5.9%	-1.1%	+9.4%	+15.0%	-5.3%	+37.0%	+94.2%	-20.0%	-20.1%	-31.3%	-62.2%	-9.8%	-2.3%	-10.6%	-6.1%	-6.5%
Net cash from operating activities	—	—	-35.9%	—	-162.4%	-266.8%	+1,613.5%	-201.1%	+298.6%	-65.3%	—	-1.5%	—	+228.3%	—	—	-149.5%	+637.6%	-212.6%	-247.6%
Investing activities
Capital expenditure	+76.8%	-46.1%	—	—	-89.9%	-48.2%	-100.0%	—	+19,399.7%	+143.4%	+1,016.8%	+60.9%	-92.0%	+80,027.0%	-71.7%	+78.0%	-42.1%	-99.6%	+1,089.8%	-89.4%
Net cash from investing activities	-106.6%	-125.7%	-110.9%	-91.8%	—	-0.8%	-14.9%	—	—	—	—	-100.6%	—	—	-119.1%	+24,042.0%	—	—	+88.7%	—
Financing activities
Borrowings raised / (repaid)	-113.4%	—	—	—	—	—	—	—	—	—	-2,882.5%	—	—	—	—	—	—	—	—	—
Net cash from financing activities	-113.4%	—	—	—	—	—	—	—	—	—	-2,882.5%	—	—	—	—	—	—	—	—	—
Net change in cash	-433.9%	—	-33.1%	—	-73.7%	—	—	—	—	-242.5%	—	-108.8%	—	-59.1%	—	—	—	—	-153.6%	—
Key figures
Free cash flow (operating cash flow − capex)	—	—	-49.8%	—	—	—	—	—	-119.8%	-118.3%	—	-3.4%	—	+162.0%	—	—	—	—	-324.7%	—

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 47

AMTEX 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	133.8	(52.7)	71.3	21.9	(19.5)	(58.7)	(30.6)	14.2	59.8	2.4	18.6	41.5	(93.8)	(37.5)	(5.5)	295.2	143.8	2.8	(4.4)	(22.3)
Non-cash Items & Reconciliation Adjustments - Cash Flow	(141.7)	32.8	37.9	40.4	9.3	82.4	0.0	36.4	76.1	40.7	38.6	27.5	114.3	15.2	18.1	(236.1)	(9.7)	31.6	19.7	32.1
Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile	(4.9)	0.0	4.6	1.9	8.3	(1.4)	6.7	1.7	10.4	1.6	3.0	1.1	86.2	1.0	(5.4)	1.1	2.9	1.2	1.0	1.0
Financial Income/(Expense) - Cash Flow - to Reconcile	68.7	21.5	23.9	28.5	45.8	49.2	18.5	43.9	66.7	28.6	44.6	17.6	34.4	6.6	19.7	16.3	28.7	19.2	20.3	19.9
Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile	12.4	11.3	9.3	10.1	10.2	10.4	9.7	10.1	10.8	10.5	8.9	8.8	11.4	7.7	4.6	10.9	14.3	11.1	12.1	12.1
Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile	12.4	11.3	9.3	10.1	10.2	10.4	9.7	10.1	10.8	10.5	8.9	8.8	11.4	7.7	4.6	10.9	14.3	11.1	12.1	12.1
Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile	(6.7)	0.0	0.0	(0.1)	(11.5)	24.2	(34.9)	(19.2)	0.0	0.0	(17.8)	0.0	(3.2)	0.0	(0.8)	(264.4)	0.0	0.0	(13.6)	(0.9)
Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile	(211.2)	—	—	—	(43.4)	—	—	—	(11.8)	—	—	—	(14.5)	—	—	—	(55.6)	—	—	—
Income Taxes - Paid/(Reimbursed) - Cash Flow	15.0	18.0	18.7	11.7	11.9	10.7	14.8	16.1	62.0	9.8	10.1	7.5	5.4	6.1	4.3	4.1	4.0	3.1	3.2	2.5
Interest Paid - Cash	29.2	2.6	6.1	9.3	73.8	40.4	26.3	39.5	42.5	19.0	10.6	17.7	5.8	5.8	6.4	4.5	4.2	1.1	3.0	2.3
Cash Flow from Operating Activities before Changes in Working Capital	(52.0)	(40.5)	84.4	41.3	(95.9)	(27.5)	(71.6)	(4.9)	31.4	14.2	36.5	43.8	9.2	(34.1)	1.9	50.6	125.9	30.3	9.2	5.0
Working Capital - Increase/(Decrease) - Cash Flow	5.8	120.8	(31.5)	(34.8)	(95.5)	(28.6)	154.2	(104.9)	275.5	19.4	(31.7)	64.8	67.8	131.0	(37.1)	59.7	(130.9)	(0.8)	(31.3)	(23.4)
Accounts Receivables - Decrease/(Increase) - Cash Flow	152.3	195.3	53.5	(194.2)	(143.2)	92.5	0.6	(43.3)	25.8	54.6	62.8	(142.4)	(77.7)	(22.6)	(38.8)	35.8	(87.8)	49.9	(72.3)	(57.4)
Inventories - Decrease/(Increase) - Cash Flow	(216.5)	(58.6)	103.5	54.3	14.3	(59.8)	(46.4)	(40.7)	(158.5)	(9.9)	(166.6)	54.4	141.9	55.3	23.7	(18.9)	0.7	(12.9)	(7.2)	33.2
Other Assets - Decrease/(Increase) - Cash Flow	0.0	0.0	0.0	0.0	0.0	0.0	0.0	1.1	—	—	—	0.0	—	—	—	0.0	0.1	(0.1)	0.1	(0.1)
Accrued Expenses - Increase/(Decrease) - Cash Flow	—	—	—	—	(97.3)	62.2	35.1	—	—	—	—	—	—	—	—	—	—	—	—	—
Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow	59.0	(96.4)	(226.6)	170.6	132.1	(207.2)	92.6	0.2	348.2	(87.8)	110.1	114.4	22.8	67.6	(28.8)	42.0	(37.8)	(37.1)	39.9	4.6
Other Liabilities - Increase/(Decrease) -Total - Cash Flow	11.0	80.5	38.1	(65.5)	(1.4)	83.7	72.4	(22.2)	60.1	62.5	(38.0)	38.4	(19.2)	30.6	6.8	0.8	(6.1)	(0.5)	8.2	(3.8)
Net Cash Flow from Operating Activities	(46.2)	80.3	53.0	6.4	(191.4)	(56.1)	82.6	(109.8)	306.9	33.6	4.8	108.6	77.0	96.9	(35.2)	110.3	(5.0)	29.5	(22.1)	(18.4)
Capital Expenditures - Net - Cash Flow	8.9	13.3	11.2	(8.9)	(133.8)	(51.8)	(102.4)	(108.2)	210.4	(52.2)	(120.3)	5.0	1.7	19.6	3.1	(801.9)	0.2	0.0	(16.4)	(3.3)
Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow	8.9	13.3	11.2	(8.9)	(133.8)	(51.8)	(102.4)	(108.2)	210.4	(52.2)	(120.3)	5.0	1.7	19.6	3.1	(801.9)	0.2	0.0	(16.4)	(3.3)
Property, Plant & Equipment - Purchased - Cash Flow	57.7	13.3	11.5	—	32.6	24.7	0.0	—	321.8	47.8	58.6	5.0	1.7	19.6	5.2	3.1	20.6	0.0	18.6	1.8
Property, Plant & Equipment Sold - Cash Flow	48.8	0.0	0.3	8.9	166.5	76.5	102.4	108.2	111.4	100.0	178.9	0.0	0.0	0.0	2.1	805.0	20.3	0.0	35.0	5.1
Capital Expenditures - Total	57.7	13.3	11.5	—	32.6	24.7	0.0	—	321.8	47.8	58.6	5.0	1.7	19.6	5.2	3.1	20.6	0.0	18.6	1.8
Other Investing Cash Flow - Decrease/(Increase)	—	—	—	—	—	—	—	—	(4.4)	—	—	—	(3.9)	—	—	—	—	—	—	—
Net Cash Flow from Investing Activities	(8.9)	(13.3)	(11.2)	8.9	133.8	51.8	102.4	108.2	(214.8)	52.2	120.3	(5.0)	(5.6)	(19.6)	(3.1)	801.9	(0.2)	(0.0)	16.4	3.3
Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow	(10.4)	(19.1)	(3.0)	(8.8)	77.2	(65.5)	(127.0)	(32.5)	(17.5)	(103.0)	(170.0)	(110.0)	(94.3)	(65.2)	6.1	(839.8)	(61.0)	0.0	(7.5)	(1.9)
Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow	—	—	—	—	(122.7)	0.0	0.0	—	(140.6)	0.0	(100.0)	0.0	(61.0)	34.8	65.2	(600.0)	(47.3)	0.0	0.0	—
Debt - Issued/Reduced - Long-Term - Cash Flow	(10.4)	(19.1)	(3.0)	(8.8)	199.8	(65.5)	(127.0)	(32.5)	123.1	(103.0)	(70.0)	(110.0)	(33.3)	(100.0)	(59.1)	(239.8)	(13.7)	0.0	(7.5)	(1.9)
Lease liabilities - Issued/(Reduced) - Cash Flow	(1.0)	—	—	—	0.0	0.0	0.0	—	0.0	(3.0)	(10.0)	—	—	—	—	—	0.0	—	—	—
Debt - Issued - Long-Term - Cash Flow	—	—	—	—	199.8	—	—	—	123.1	—	—	—	—	—	—	—	—	—	—	—
Debt - Reduced - Long-Term - Cash Flow	10.4	—	—	—	0.0	65.5	127.0	—	0.0	103.0	70.0	—	—	—	—	—	13.7	—	—	—
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	1.0	—	—	—	0.0	0.0	0.0	—	0.0	3.0	10.0	—	—	—	—	—	0.0	—	—	—
Other Financing Cash Flow - Increase/(Decrease)	0.0	(0.0)	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Net Cash Flow from Financing Activities	(10.4)	(19.1)	(3.0)	(8.8)	77.2	(65.5)	(127.0)	(32.5)	(17.5)	(103.0)	(170.0)	(110.0)	(94.3)	(65.2)	6.1	(839.8)	(61.0)	0.0	(7.5)	(1.9)
Net Change in Cash - Total	(65.5)	47.9	38.8	6.5	19.6	(69.7)	58.0	(34.1)	74.6	(17.2)	(44.9)	(6.4)	(22.9)	12.1	(32.2)	72.4	(66.3)	29.5	(13.2)	(16.9)
Net Cash from Continuing Operations	(65.5)	47.9	38.8	6.5	19.6	(69.7)	58.0	(34.1)	74.6	(17.2)	(44.9)	(6.4)	(22.9)	12.1	(32.2)	72.4	(66.3)	29.5	(13.2)	(16.9)
Net Cash - Beginning Balance	185.1	137.3	98.5	92.0	72.4	142.1	84.2	118.3	43.6	60.8	105.7	112.1	134.9	122.9	155.1	82.7	149.0	119.5	132.7	149.6
Net Cash - Ending Balance	119.7	185.1	137.3	98.5	92.0	72.4	142.1	84.2	118.3	43.6	60.8	105.7	112.1	134.9	122.9	155.1	82.7	149.0	119.5	132.7
Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental	15.0	18.0	18.7	11.7	11.9	10.7	14.8	16.1	62.0	9.8	10.1	7.5	5.4	6.1	4.3	4.1	4.0	3.1	3.2	2.5
Interest Paid - Cash Flow - Supplemental	29.2	2.6	6.1	9.3	73.8	40.4	26.3	39.5	42.5	19.0	10.6	17.7	5.8	5.8	6.4	4.5	4.2	1.1	3.0	2.3
CF from Optg Activities before Change in WC & Int Payments	(22.8)	(37.9)	90.5	50.6	(22.1)	12.9	(45.4)	34.5	73.9	33.2	47.1	61.5	15.0	(28.3)	8.3	55.1	130.1	31.4	12.2	7.3
Contract Liabilities - Increase/(Decrease) - Cash Flow	11.0	80.5	38.1	(65.5)	(1.4)	83.7	72.4	(22.2)	60.1	62.5	(38.0)	38.4	(19.2)	30.6	6.8	0.8	(6.1)	(0.5)	8.2	(3.8)
Depreciation, Depletion & Amortization - Cash Flow	12.4	11.3	9.3	10.1	10.2	10.4	9.7	10.1	10.8	10.5	8.9	8.8	11.4	7.7	4.6	10.9	14.3	11.1	12.1	12.1
Free Cash Flow to Equity	(65.5)	47.9	38.8	6.5	19.6	(69.7)	58.0	(34.1)	79.0	(17.2)	(44.9)	(6.4)	(18.9)	12.1	(32.2)	72.4	(66.3)	29.5	(13.2)	(16.9)
Free Cash Flow Net of Dividends	(103.9)	66.9	41.4	6.4	(224.0)	(80.8)	82.6	(109.8)	(14.9)	(14.2)	(53.8)	103.6	75.4	77.3	(40.4)	107.2	(25.6)	29.5	(40.7)	(20.1)
Free Cash Flow	(103.9)	66.9	41.4	6.4	(224.0)	(80.8)	82.6	(109.8)	(14.9)	(14.2)	(53.8)	103.6	75.4	77.3	(40.4)	107.2	(25.6)	29.5	(40.7)	(20.1)

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