Last close · 16 Oct 2026
Rs 5.94 -1.82%
Quarterly · Q1 FY2022 – Q3 FY2026
Blue-Ex Limited (BLUEX) quarterly cash flow statement
Operating activities generated -Rs 14.6 mn of cash in Q3 FY2026 (Jan – Mar 2026), down 120.2% on Q3 FY2025, -132% of the starting profit. Capital expenditure was Rs 8.9 mn, leaving free cash flow of -Rs 23.5 mn. Overall, cash decreased by Rs 58.1 mn.
| Rs mn | TTM to Mar 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 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | 106.8 | 11.0 | 20.0 | 20.8 | 55.0 | 14.0 | 51.3 | 21.5 | 43.5 | |||||||||||
| Depreciation & amortisation | 70.6 | 17.8 | 17.6 | 17.5 | 17.7 | 17.8 | 16.4 | 17.0 | 12.2 | |||||||||||
| Net cash from operating activities | 45.5 | (14.6) | 68.9 | 17.7 | (26.5) | 72.0 | (27.4) | 104.2 | 30.9 | |||||||||||
| Investing activities | ||||||||||||||||||||
| Capital expenditure | (70.7) | (8.9) | (14.6) | (11.3) | (36.0) | (13.8) | (11.0) | (12.4) | (7.5) | |||||||||||
| Net cash from investing activities | (67.9) | (9.0) | (17.1) | (8.8) | (32.9) | (21.5) | (3.0) | (14.8) | 80.7 | |||||||||||
| Financing activities | ||||||||||||||||||||
| Borrowings raised / (repaid) | (71.8) | (34.5) | (42.0) | (6.8) | 11.5 | (23.1) | (7.6) | (125.5) | (130.7) | |||||||||||
| Net cash from financing activities | (16.9) | (34.5) | 12.9 | (6.8) | 11.5 | (23.1) | (7.6) | (125.5) | (130.7) | |||||||||||
| Net change in cash | (37.4) | (58.1) | 64.6 | 2.1 | (46.0) | 24.4 | (37.0) | (36.1) | (19.1) | |||||||||||
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (25.2) | (23.5) | 54.3 | 6.5 | (62.5) | 58.3 | (38.5) | 91.9 | 23.4 | |||||||||||
| Rs mn | 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 | |||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||||||||||
| Profit (cash-flow starting line, as reported) | -21.3% | -61.0% | -3.0% | +26.4% | -62.1% | +262.6% | -3.0% | -69.7% | |||||||||||
| Depreciation & amortisation | +0.3% | +6.9% | +2.8% | +45.1% | -1.2% | -5.9% | +44.6% | -15.5% | |||||||||||
| Net cash from operating activities | -120.2% | — | -83.0% | -185.7% | — | -119.5% | — | -63.5% | |||||||||||
| Investing activities | |||||||||||||||||||
| Capital expenditure | -35.3% | +32.1% | -8.7% | +379.1% | -40.9% | -43.3% | -69.5% | -78.8% | |||||||||||
| Net cash from investing activities | — | — | — | -140.8% | — | — | — | — | |||||||||||
| Financing activities | |||||||||||||||||||
| Borrowings raised / (repaid) | — | — | — | — | — | -124.0% | — | — | |||||||||||
| Net cash from financing activities | — | — | — | — | — | -124.0% | — | — | |||||||||||
| Net change in cash | -338.1% | — | — | — | — | -127.7% | — | -129.5% | |||||||||||
| Key figures | |||||||||||||||||||
| Free cash flow (operating cash flow − capex) | -140.3% | — | -93.0% | -366.9% | — | -131.7% | — | -52.5% | |||||||||||
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. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.
All reported line items 64
| Rs mn | 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 |
|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 11.0 | 20.0 | 20.8 | 55.0 | 14.0 | 51.3 | 21.5 | 43.5 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 29.6 | 28.6 | 29.2 | 51.4 | 26.6 | 28.5 | 27.5 | 34.2 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 2.5 | 1.0 | 1.9 | 1.9 | — | 0.4 | (0.4) | 1.1 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 9.3 | 10.0 | 10.3 | 32.0 | 9.2 | 10.3 | 10.9 | 30.5 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 17.8 | 17.6 | 17.5 | 17.7 | 17.8 | 16.4 | 17.0 | 12.2 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 15.6 | 15.4 | 15.3 | 15.9 | 16.1 | 14.7 | 15.3 | 11.8 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | 2.2 | 2.2 | 2.2 | 1.9 | 1.7 | 1.7 | 1.7 | 0.4 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (0.0) | 0.0 | (0.5) | 0.0 | (0.4) | 1.3 | 0.0 | (2.5) |
| Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile | — | — | — | (0.2) | — | — | — | (7.0) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 20.6 | 3.1 | 19.1 | (6.0) | 16.8 | 3.0 | 20.0 | 15.3 |
| Interest Paid - Cash | 7.0 | 4.6 | 10.3 | 13.4 | 10.4 | 10.3 | 10.9 | 9.0 |
| Interest & Dividends - Received - Total - Cash Flow | — | — | — | — | — | — | — | — |
| Cash Flow from Operating Activities before Changes in Working Capital | 13.0 | 40.8 | 20.5 | 99.0 | 13.3 | 66.5 | 18.0 | 53.4 |
| Working Capital - Increase/(Decrease) - Cash Flow | (27.5) | 28.0 | (2.8) | (125.5) | 58.7 | (93.9) | 86.2 | (22.5) |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | (102.9) | (67.5) | (0.4) | (50.2) | (150.1) | 43.1 | 33.5 | (229.2) |
| Inventories - Decrease/(Increase) - Cash Flow | (0.4) | 0.9 | 1.2 | 0.3 | 0.0 | 0.3 | (1.0) | 3.2 |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | (0.8) | 8.3 | (0.2) | (7.2) | 0.2 | 0.1 | 0.7 | 7.5 |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 76.6 | 86.4 | (3.4) | (68.3) | 208.4 | (137.3) | 53.1 | 196.0 |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | — | — | — | — | 0.2 | (0.2) | — | — |
| Net Cash Flow from Operating Activities | (14.6) | 68.9 | 17.7 | (26.5) | 72.0 | (27.4) | 104.2 | 30.9 |
| Capital Expenditures - Net - Cash Flow | 8.9 | 14.6 | 8.2 | 34.0 | 12.7 | 10.3 | 12.4 | (82.4) |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 1.5 | 7.3 | 0.2 | 24.8 | 6.9 | 2.8 | 4.8 | (89.9) |
| Property, Plant & Equipment - Purchased - Cash Flow | 1.5 | 7.3 | 3.3 | 26.8 | 8.0 | 3.5 | 4.8 | — |
| Property, Plant & Equipment Sold - Cash Flow | 0.0 | 0.0 | 3.1 | 2.0 | 1.1 | 0.7 | 0.0 | 89.9 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | 7.4 | 7.3 | 8.0 | 9.2 | 5.8 | 7.5 | 7.5 | 7.5 |
| Intangible Assets - Purchased/Acquired - Cash Flow | 7.4 | 7.3 | 8.0 | 9.2 | 5.8 | 7.5 | 7.5 | 7.5 |
| Capital Expenditures - Total | 8.9 | 14.6 | 11.3 | 36.0 | 13.8 | 11.0 | 12.4 | 7.5 |
| Acquisition & Disposals of Business - Assets - Sold/(Acquired) - Net - Cash Flow | — | — | — | — | — | — | — | — |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | (0.1) | (2.5) | (0.6) | 1.0 | (11.9) | 10.4 | (2.4) | (1.7) |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | (0.1) | (2.5) | (0.6) | 1.0 | (11.9) | 10.4 | (2.4) | (1.7) |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | — | — | — | — | — | — | — | — |
| Investment Securities - Purchased - Unclassified - Cash Flow | — | — | — | — | — | — | — | — |
| Other Investing Cash Flow - Decrease/(Increase) | — | — | — | — | 3.1 | (3.1) | — | — |
| Net Cash Flow from Investing Activities | (9.0) | (17.1) | (8.8) | (32.9) | (21.5) | (3.0) | (14.8) | 80.7 |
| Stock - Total - Issuance/(Retirement) - Net - Cash Flow | 0.0 | 54.9 | — | — | — | — | — | — |
| Stock - Issuance/(Retirement) - Net - Excluding Options/Warrants - Cash Flow | 0.0 | 54.9 | — | — | — | — | — | — |
| Stock - Common - Issuance/(Retirement) - Net - Cash Flow | 0.0 | 54.9 | — | — | — | — | — | — |
| Stock - Common - Issued/Sold - Cash Flow | 0.0 | 54.9 | — | — | — | — | — | — |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | (34.5) | (42.0) | (6.8) | 11.5 | (23.1) | (7.6) | (125.5) | (130.7) |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | (17.7) | (33.8) | 6.8 | 37.2 | (12.4) | (0.9) | (117.3) | (59.6) |
| Debt - Issued - Short-Term - Cash Flow | 27.0 | — | — | — | — | — | — | — |
| Debt - Reduced - Short-Term - Cash Flow | 44.7 | — | — | — | 12.4 | 0.9 | 117.3 | 59.6 |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (16.8) | (8.2) | (13.6) | (25.7) | (10.7) | (6.7) | (8.2) | (71.1) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (16.8) | (8.2) | (13.6) | (25.7) | (10.7) | (6.7) | (8.2) | (71.1) |
| Debt - Issued - Long-Term - Cash Flow | 21.8 | — | — | — | — | 8.2 | — | — |
| Lease liabilities - Issued - Cash flow | 21.8 | — | — | — | — | 8.2 | — | — |
| Debt - Reduced - Long-Term - Cash Flow | 38.6 | 8.2 | 13.6 | — | — | 14.9 | 8.2 | — |
| 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 | 38.6 | 8.2 | 13.6 | — | — | 14.9 | 8.2 | — |
| Other Financing Cash Flow - Increase/(Decrease) | — | — | — | — | — | — | — | — |
| Net Cash Flow from Financing Activities | (34.5) | 12.9 | (6.8) | 11.5 | (23.1) | (7.6) | (125.5) | (130.7) |
| Non-Classified Cash Flows | — | — | — | 1.9 | (3.0) | 1.1 | — | — |
| Net Change in Cash - Total | (58.1) | 64.6 | 2.1 | (46.0) | 24.4 | (37.0) | (36.1) | (19.1) |
| Net Cash from Continuing Operations | (58.1) | 64.6 | 2.1 | (47.9) | 27.4 | (38.1) | (36.1) | (19.1) |
| Net Cash - Beginning Balance | 131.4 | 66.7 | 63.0 | 110.7 | 86.3 | 115.0 | 159.4 | 178.5 |
| Net Cash - Ending Balance | 73.3 | 131.4 | 65.1 | 64.6 | 110.7 | 77.9 | 123.3 | 159.4 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 20.6 | 3.1 | 19.1 | (6.0) | 16.8 | 3.0 | 20.0 | 15.3 |
| Interest Paid - Cash Flow - Supplemental | 7.0 | 4.6 | 10.3 | 13.4 | 10.4 | 10.3 | 10.9 | 9.0 |
| Interest & Dividends - Received - Cash Flow - Supplemental | — | — | — | — | — | — | — | — |
| CF from Optg Activities before Change in WC & Int Payments | 20.0 | 45.4 | 30.9 | 112.3 | 23.8 | 76.7 | 28.9 | 62.4 |
| Common Stock Buyback - Net | 0.0 | (54.9) | — | — | — | — | — | — |
| Depreciation, Depletion & Amortization - Cash Flow | 17.8 | 17.6 | 17.5 | 17.7 | 17.8 | 16.4 | 17.0 | 12.2 |
| Free Cash Flow to Equity | (58.0) | 12.3 | 2.7 | (49.0) | 36.2 | (45.4) | (33.7) | (17.4) |
| Free Cash Flow Net of Dividends | (23.5) | 54.3 | 6.5 | (62.5) | 58.3 | (38.5) | 91.9 | 23.4 |
| Free Cash Flow | (23.5) | 54.3 | 6.5 | (62.5) | 58.3 | (38.5) | 91.9 | 23.4 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.