Last close · 16 Oct 2026
Rs 4.29 +1.18%
Financials
Beco Steel Limited (BECO) financials
11 years of annual results (FY2016 – FY2026), 32 quarters.
Beco Steel Limited (BECO) reported revenue of Rs 9.9 bn for FY2026 (Jul 2025 – Jun 2026), up 32.3% from FY2025.
Net debt stood at Rs 29.0 mn.
Return on equity was 9.2%.
Over the last five years revenue grew at a compound 111.9% a year.
At Rs 4.29 (close on 16 Oct 2026) the shares trade at 17.2× earnings (FY2026).
Fundamentals
BECO at a glance
Revenue · FY2026
Rs 9.9 bn
▲ 32.3% year on year
EPS – basic (Rs) · FY2026
Rs 0.25
▲ 180.2% year on year
Net margin · FY2026
3.2%
+1.7 pts year on year
Debt to equity · FY2026
1.1%
+0.7 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 9.9 bn
- Profit attributable · FY2026
- —
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 7.6 bn
- Equity · FY2026
- Rs 1.5 bn
Financial highlights
BECO 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 |
|---|---|---|---|---|---|
| Revenue | 9,860.5 | 7,451.5 | 3,098.0 | 3,752.1 | 6,310.3 |
| Gross profit | 427.0 | 386.3 | 223.4 | (20.0) | 296.0 |
| Operating profit | 586.2 | 223.7 | (63.0) | (82.3) | 220.0 |
| Profit after tax | 311.5 | 111.5 | (90.8) | (204.1) | 190.5 |
| Profit attributable to shareholders | — | 111.5 | (90.8) | (204.1) | 190.5 |
| EPS – basic (Rs) Rs | 0.25 | 0.09 | (0.07) | (0.16) | 0.15 |
| Dividend per share (Rs) Rs | — | 0.00 | 0.00 | 0.00 | 0.10 |
| Total assets | 7,635.7 | 7,665.7 | 7,179.1 | 5,854.1 | 4,548.3 |
| Total equity | 3,537.2 | 3,225.8 | 3,086.8 | 3,177.6 | 3,361.1 |
| Total debt | 39.2 | 11.8 | 6.4 | — | — |
| Net cash from operating activities | 82.3 | (2.5) | 7.8 | 867.3 | (113.6) |
| Capital expenditure | (64.9) | (22.9) | (18.1) | (891.9) | (28.3) |
| Free cash flow (operating cash flow − capex) | 17.4 | (25.4) | (10.3) | (24.6) | (141.9) |
| Rs bn | 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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 9.9 | 2.4 | 3.7 | 1.5 | 2.3 | 1.4 | 1.7 | 3.9 | 0.4 |
| Gross profit | 0.5 | (0.1) | 0.2 | 0.1 | 0.2 | (0.0) | 0.1 | 0.2 | 0.1 |
| Operating profit | 0.6 | 0.3 | 0.1 | 0.1 | 0.2 | (0.1) | 0.0 | 0.1 | 0.0 |
| Profit after tax | 0.3 | (0.1) | 0.3 | 0.1 | 0.1 | (0.1) | 0.0 | 0.1 | 0.0 |
| Profit attributable to shareholders | — | — | 0.3 | 0.1 | 0.1 | (0.1) | 0.0 | 0.1 | 0.0 |
| EPS – basic (Rs) Rs | — | — | 0.22 | 0.05 | 0.12 | (0.07) | 0.01 | 0.07 | 0.00 |
| Dividend per share (Rs) Rs | — | — | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Total assets | 7.6 | 7.6 | 10.5 | 10.1 | 10.0 | 7.7 | 6.8 | 7.0 | 8.6 |
| Total equity | 3.5 | 3.5 | 3.9 | 3.6 | 3.4 | 3.2 | 3.3 | 3.3 | 3.1 |
| Total debt | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | — | — |
| Net cash from operating activities | 0.1 | 0.2 | (0.0) | (0.2) | 0.1 | (0.0) | (0.1) | 0.0 | 0.1 |
| Capital expenditure | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Free cash flow (operating cash flow − capex) | 0.0 | 0.2 | (0.1) | (0.2) | 0.1 | (0.0) | (0.1) | 0.0 | 0.1 |
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. * Some FY2026 figures do not fully reconcile in the source data. Updated 16 Oct 2026.