Bunnys Limited (BNL) quarterly cash flow statement

Operating activities generated Rs 83.8 mn of cash in Q4 FY2026 (Apr – Jun 2026), down 55.4% on Q4 FY2025. Capital expenditure was Rs 52.6 mn, leaving free cash flow of Rs 31.3 mn. Overall, cash increased by Rs 527.2 mn.

BNL 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)	237.0	(126.1)	51.1	122.0	189.9	124.7	96.7	47.3	70.4	(13.2)	(125.1)	54.4	(8.9)	62.5	39.9	41.1	54.7	40.8	63.1	(1.1)	62.3
Depreciation & amortisation	135.1	40.2	31.6	32.0	31.4	33.3	31.0	29.8	30.0	33.1	30.1	32.5	30.2	24.8	34.0	37.5	25.4	29.8	26.3	26.2	24.8
Net cash from operating activities	158.0	83.8	(13.0)	36.2	51.0	188.2	9.5	(49.8)	54.2	113.6	38.5	(12.4)	77.2	65.2	(43.0)	118.3	(9.8)	25.3	58.2	108.0	27.2
Investing activities
Capital expenditure	(96.6)	(52.6)	(6.7)	(23.0)	(14.4)	(136.5)	(52.1)	(8.5)	(4.4)	(81.2)	(18.9)	(47.5)	(40.2)	(118.8)	(33.3)	(54.8)	(21.0)	(38.5)	(63.3)	(90.7)	(71.9)
Net cash from investing activities	47.8	85.8	(5.9)	(17.6)	(14.4)	(93.8)	(50.7)	37.4	(4.4)	(66.5)	(18.9)	(44.5)	(38.9)	(118.8)	(33.1)	(54.0)	(21.0)	(38.5)	(63.3)	(90.7)	(71.9)
Financing activities
Borrowings raised / (repaid)	288.3	357.6	18.4	(44.6)	(43.1)	87.9	45.2	12.6	(48.7)	(138.0)	(18.7)	57.5	(43.8)	(187.3)	73.1	(68.0)	36.7	(87.2)	10.2	(33.5)	46.2
Net cash from financing activities	288.3	357.6	18.4	(44.6)	(43.1)	87.9	45.2	12.6	(48.7)	(138.0)	(18.7)	57.5	(43.8)	(187.3)	73.1	(68.0)	36.7	(87.2)	10.2	(33.5)	46.2
Net change in cash	494.2	527.2	(0.6)	(25.9)	(6.5)	182.3	4.1	0.2	1.1	(90.9)	0.9	0.7	(5.5)	(240.9)	(2.9)	(3.7)	5.8	(100.4)	5.1	(16.3)	1.5
Key figures
Free cash flow (operating cash flow − capex)	61.4	31.3	(19.7)	13.2	36.6	51.6	(42.6)	(58.3)	49.8	32.4	19.6	(59.8)	36.9	(53.6)	(76.3)	63.5	(30.9)	(13.2)	(5.1)	17.3	(44.7)

BNL 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)	-201.1%	-47.2%	+158.1%	+169.8%	—	—	-13.0%	—	-121.0%	-413.3%	+32.4%	-116.2%	+53.1%	-36.7%	—	-12.3%	-41.6%	-6.4%	-102.2%	-11.4%
Depreciation & amortisation	+20.7%	+1.7%	+7.3%	+4.6%	+0.8%	+3.2%	-8.4%	-0.6%	+33.1%	-11.4%	-13.4%	+18.8%	-16.7%	+29.2%	+43.4%	+2.2%	-33.5%	+1,369.1%	+40.8%	+20.8%
Net cash from operating activities	-55.4%	-236.4%	—	-5.8%	+65.7%	-75.2%	—	-29.8%	+74.3%	—	-110.5%	—	+157.3%	-173.9%	+9.5%	-136.2%	—	-5.7%	+48.0%	-45.6%
Investing activities
Capital expenditure	-61.5%	-87.2%	+171.6%	+228.9%	+68.1%	+175.9%	-82.2%	-89.1%	-31.6%	-43.3%	-13.3%	+91.5%	+208.7%	-47.4%	-39.6%	-70.8%	-89.9%	+931.6%	-33.6%	-22.3%
Net cash from investing activities	—	—	-147.0%	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—	—
Financing activities
Borrowings raised / (repaid)	+306.8%	-59.3%	-453.9%	—	—	—	-78.1%	—	—	-125.6%	—	-219.3%	—	+619.4%	—	-20.6%	-144.1%	—	-127.7%	-36.8%
Net cash from financing activities	+306.8%	-59.3%	-453.9%	—	—	—	-78.1%	—	—	-125.6%	—	-219.3%	—	+619.4%	—	-20.6%	-144.1%	—	-127.7%	-36.8%
Net change in cash	+189.2%	-114.1%	-13,692.5%	-714.1%	—	+373.4%	-72.8%	—	—	—	—	-193.6%	—	-157.8%	—	+302.0%	—	—	-128.4%	-95.7%
Key figures
Free cash flow (operating cash flow − capex)	-39.4%	—	—	-26.4%	+59.6%	-317.3%	—	+34.8%	—	—	-194.2%	—	—	—	+268.1%	—	—	-109.2%	—	—

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 45

BNL 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	(126.1)	51.1	122.0	189.9	124.7	96.7	47.3	70.4	(13.2)	(125.1)	54.4	(8.9)	62.5	39.9	41.1	54.7	40.8	63.1	(1.1)	62.3
Non-cash Items & Reconciliation Adjustments - Cash Flow	87.4	80.5	72.5	72.9	79.8	89.1	67.1	98.7	209.4	80.3	85.1	95.8	63.3	98.5	105.6	48.6	44.2	64.0	58.7	37.6
Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile	(12.8)	(2.1)	7.2	8.9	39.8	1.0	0.0	9.1	94.7	(11.3)	(22.6)	(5.5)	(24.6)	10.2	6.1	(6.0)	(9.1)	1.9	4.4	(10.8)
Financial Income/(Expense) - Cash Flow - to Reconcile	68.8	38.0	33.5	32.7	46.8	38.5	55.9	59.6	64.2	61.5	74.9	71.2	63.0	54.2	61.8	29.2	23.5	35.8	28.1	23.5
Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile	40.2	31.6	32.0	31.4	33.3	31.0	29.8	30.0	33.1	30.1	32.5	30.2	24.8	34.0	37.5	25.4	29.8	26.3	26.2	24.8
Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile	40.2	31.6	32.0	31.4	33.3	31.0	29.8	30.0	33.1	30.1	32.5	30.1	24.8	34.0	37.5	25.4	29.8	26.3	26.2	24.8
Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0	0.0
Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile	(8.9)	13.1	(0.1)	0.0	(40.1)	18.6	(18.6)	0.0	17.4	0.0	0.3	(0.1)	0.0	0.1	0.2	—	—	0.0	0.0	0.0
Income Taxes - Paid/(Reimbursed) - Cash Flow	36.9	26.9	28.0	4.1	168.3	24.1	1.2	9.2	21.7	0.3	24.1	2.2	30.8	1.2	3.0	1.1	16.1	3.5	(2.0)	4.4
Interest Paid - Cash	68.2	34.4	36.7	43.9	31.6	116.6	95.8	58.7	22.0	51.1	69.2	42.8	50.6	46.5	52.6	34.1	12.4	38.4	18.8	25.0
Cash Flow from Operating Activities before Changes in Working Capital	(143.9)	70.2	129.8	214.7	4.7	45.2	17.4	101.1	152.5	(96.1)	46.1	41.9	44.5	90.7	91.1	67.9	56.6	85.3	40.8	70.6
Working Capital - Increase/(Decrease) - Cash Flow	227.7	(83.2)	(93.6)	(163.7)	183.4	(35.7)	(67.2)	(47.0)	(38.9)	134.6	(58.5)	35.3	20.7	(133.7)	27.2	(77.8)	(31.2)	(27.1)	67.2	(43.4)
Accounts Receivables - Decrease/(Increase) - Cash Flow	143.7	(103.0)	39.7	(124.6)	156.6	(51.6)	12.0	(46.4)	(56.4)	(46.0)	3.1	(22.9)	(11.8)	(62.5)	21.6	(18.9)	10.2	(21.4)	(43.1)	(15.2)
Inventories - Decrease/(Increase) - Cash Flow	9.7	26.6	(170.4)	(62.4)	(149.6)	60.5	40.8	6.6	64.7	3.9	2.7	73.6	(1.0)	(21.1)	(18.9)	(57.6)	(82.9)	(19.7)	(20.0)	(2.7)
Prepaid Expenses - Decrease/(Increase) - Cash Flow	291.6	(88.2)	(14.5)	(61.0)	103.1	(11.2)	(106.8)	(23.8)	(53.5)	20.5	(32.6)	(9.7)	33.0	(7.8)	(55.6)	(17.5)	1.1	(31.3)	18.9	(40.4)
Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow	(153.5)	58.6	43.3	84.3	75.6	(33.3)	(20.2)	19.9	(7.3)	158.8	(40.9)	2.6	(2.9)	(51.7)	88.8	16.3	37.7	45.3	112.2	15.2
Other Liabilities - Increase/(Decrease) -Total - Cash Flow	(63.7)	22.7	8.3	0.0	(2.2)	(0.1)	7.0	(3.3)	13.6	(2.5)	9.2	(8.3)	3.5	9.4	(8.6)	(0.1)	2.6	0.0	(0.9)	(0.2)
Net Cash Flow from Operating Activities	83.8	(13.0)	36.2	51.0	188.2	9.5	(49.8)	54.2	113.6	38.5	(12.4)	77.2	65.2	(43.0)	118.3	(9.8)	25.3	58.2	108.0	27.2
Capital Expenditures - Net - Cash Flow	(85.8)	5.9	17.6	14.4	93.8	50.7	(37.4)	4.4	66.5	18.9	44.5	38.9	118.8	33.1	54.0	21.0	38.5	63.3	90.7	71.9
Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow	(85.8)	5.9	17.6	14.4	93.8	50.7	(37.4)	4.4	66.5	18.9	44.5	38.9	118.8	33.1	54.0	21.0	38.5	63.3	90.7	71.9
Property, Plant & Equipment - Purchased - Cash Flow	52.6	6.7	23.0	14.4	136.5	52.1	8.5	4.4	81.2	18.9	47.5	40.2	118.8	33.3	54.8	21.0	38.5	63.3	90.7	71.9
Property, Plant & Equipment Sold - Cash Flow	138.3	0.7	5.4	0.0	42.7	1.4	45.9	0.0	14.8	0.0	3.0	1.4	0.0	0.3	0.8	0.0	0.0	0.0	0.0	0.0
Capital Expenditures - Total	52.6	6.7	23.0	14.4	136.5	52.1	8.5	4.4	81.2	18.9	47.5	40.2	118.8	33.3	54.8	21.0	38.5	63.3	90.7	71.9
Net Cash Flow from Investing Activities	85.8	(5.9)	(17.6)	(14.4)	(93.8)	(50.7)	37.4	(4.4)	(66.5)	(18.9)	(44.5)	(38.9)	(118.8)	(33.1)	(54.0)	(21.0)	(38.5)	(63.3)	(90.7)	(71.9)
Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow	357.6	18.4	(44.6)	(43.1)	87.9	45.2	12.6	(48.7)	(138.0)	(18.7)	57.5	(43.8)	(187.3)	73.1	(68.0)	36.7	(87.2)	10.2	(33.5)	46.2
Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow	154.4	(6.2)	(0.9)	(147.3)	151.2	(148.7)	(0.7)	(1.8)	(80.6)	14.5	65.3	0.8	(179.4)	130.4	(7.5)	56.5	(18.6)	23.5	2.7	(7.6)
Debt - Issued/Reduced - Long-Term - Cash Flow	203.2	24.6	(43.7)	104.2	(63.3)	193.9	13.3	(47.0)	(57.5)	(33.3)	(7.7)	(44.6)	(8.0)	(57.3)	(60.5)	(19.8)	(68.6)	(13.4)	(36.2)	53.8
Lease liabilities - Issued/(Reduced) - Cash Flow	15.9	61.4	(6.4)	(3.3)	(4.6)	(5.0)	(8.6)	(16.3)	(14.4)	(15.4)	(15.8)	(13.9)	(3.0)	(13.8)	(13.1)	23.2	3.4	—	—	83.2
Debt - Issued - Long-Term - Cash Flow	—	61.4	—	107.5	—	198.9	21.9	—	—	—	8.1	—	—	—	—	23.2	3.4	—	—	83.2
Lease liabilities - Issued - Cash flow	—	61.4	—	—	—	—	—	—	—	—	—	—	—	—	—	23.2	3.4	—	—	83.2
Debt - Reduced - Long-Term - Cash Flow	—	36.9	43.7	3.3	63.3	5.0	8.6	47.0	57.5	33.3	15.8	44.6	8.0	57.3	60.5	43.0	72.0	—	—	29.4
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	—	—	6.4	3.3	4.6	5.0	8.6	16.3	14.4	15.4	15.8	13.9	3.0	13.8	13.1	—	—	—	—	—
Net Cash Flow from Financing Activities	357.6	18.4	(44.6)	(43.1)	87.9	45.2	12.6	(48.7)	(138.0)	(18.7)	57.5	(43.8)	(187.3)	73.1	(68.0)	36.7	(87.2)	10.2	(33.5)	46.2
Net Change in Cash - Total	527.2	(0.6)	(25.9)	(6.5)	182.3	4.1	0.2	1.1	(90.9)	0.9	0.7	(5.5)	(240.9)	(2.9)	(3.7)	5.8	(100.4)	5.1	(16.3)	1.5
Net Cash from Continuing Operations	527.2	(0.6)	(25.9)	(6.5)	182.3	4.1	0.2	1.1	(90.9)	0.9	0.7	(5.5)	(240.9)	(2.9)	(3.7)	5.8	(100.4)	5.1	(16.3)	1.5
Net Cash - Beginning Balance	(566.0)	2.8	28.8	35.2	(715.2)	2.1	1.9	0.9	(629.7)	1.6	0.9	6.4	(384.8)	3.6	7.3	1.4	(283.7)	14.0	30.2	28.8
Net Cash - Ending Balance	(38.8)	2.2	2.8	28.8	(533.0)	6.2	2.1	1.9	(720.6)	2.5	1.6	0.9	(625.7)	0.7	3.6	7.3	(384.0)	19.1	14.0	30.2
Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental	36.9	26.9	28.0	4.1	168.3	24.1	1.2	9.2	21.7	0.3	24.1	2.2	30.8	1.2	3.0	1.1	16.1	3.5	(2.0)	4.4
Interest Paid - Cash Flow - Supplemental	68.2	34.4	36.7	43.9	31.6	116.6	95.8	58.7	22.0	51.1	69.2	42.8	50.6	46.5	52.6	34.1	12.4	38.4	18.8	25.0
CF from Optg Activities before Change in WC & Int Payments	(75.6)	104.6	166.6	258.7	36.3	161.8	113.2	159.8	174.5	(45.0)	115.3	84.6	95.0	137.2	143.7	102.1	69.0	123.7	59.6	95.5
Contract Liabilities - Increase/(Decrease) - Cash Flow	(63.7)	22.7	8.3	0.0	(2.2)	(0.1)	7.0	(3.3)	13.6	(2.5)	9.2	(8.3)	3.5	9.4	(8.6)	(0.1)	2.6	0.0	(0.9)	(0.2)
Depreciation, Depletion & Amortization - Cash Flow	40.2	31.6	32.0	31.4	33.3	31.0	29.8	30.0	33.1	30.1	32.5	30.2	24.8	34.0	37.5	25.4	29.8	26.3	26.2	24.8
Free Cash Flow to Equity	527.2	(0.6)	(25.9)	(6.5)	182.3	4.1	0.2	1.1	(90.9)	0.9	0.7	(5.5)	(240.9)	(2.9)	(3.7)	5.8	(100.4)	5.1	(16.3)	1.5
Free Cash Flow Net of Dividends	31.3	(19.7)	13.2	36.6	51.6	(42.6)	(58.3)	49.8	32.4	19.6	(59.8)	36.9	(53.6)	(76.3)	63.5	(30.9)	(13.2)	(5.1)	17.3	(44.7)
Free Cash Flow	31.3	(19.7)	13.2	36.6	51.6	(42.6)	(58.3)	49.8	32.4	19.6	(59.8)	36.9	(53.6)	(76.3)	63.5	(30.9)	(13.2)	(5.1)	17.3	(44.7)

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