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CSAP Crescent Steel & Allied Products Limited

Latest results: FY2026 · Jun 2026

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Last close · 16 Oct 2026

Rs 89.35 +1.29%

Annual · FY2007 – FY2026

Crescent Steel & Allied Products Limited (CSAP) balance sheet

At the end of FY2026 (Jul 2025 – Jun 2026) Crescent Steel & Allied Products Limited had total assets of Rs 12.7 bn, down 19.2% on FY2025. Current assets of Rs 7.6 bn covered current liabilities of Rs 2.0 bn 3.79 times. Total debt was Rs 786.0 mn, leaving net cash of Rs 2.9 bn. Shareholders' equity was Rs 9.9 bn (Rs 126.98 per share), 77.9% of total assets.

CSAP balance sheet (annual) (Rs bn)
Rs bn 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
Assets
Cash & short-term investments 3.7 2.6 1.7 0.9 0.8
Trade receivables 1.1 1.6 1.5 0.5 0.2
Inventories 2.0 3.4 1.9 1.6 1.4
Other current assets 0.0 0.0 0.0 0.0 0.0
Total current assets 7.6 11.8 5.5 4.1 3.2
Property, plant & equipment 2.9 2.3 2.4 2.5 2.2
Intangible assets 0.0 0.0 0.2 0.2 0.2
Long-term investments 2.0 1.1 0.9 0.8 0.8
Other non-current assets 0.1 0.1 0.1 0.7 0.7
Total non-current assets 5.0 3.9 6.2 7.2 6.2
Total assets 12.7 15.7 11.7 11.3 9.5
Liabilities
Trade payables 1.3 4.6 1.4 1.4 1.2
Short-term borrowings & current portion of debt 0.6 2.2 1.1 1.6 1.0
Total current liabilities 2.0 6.9 2.5 3.1 2.3
Long-term debt 0.2 0.3 0.4 0.5 0.1
Other non-current liabilities 0.1 0.0 0.1 0.3 0.1
Total non-current liabilities 0.8 0.3 0.4 0.8 0.2
Total liabilities 2.8 7.2 3.0 3.9 2.4
Equity
Share capital 0.8 0.8 0.8 0.8 0.8
Reserves & retained earnings 9.1 7.6 7.9 6.6 6.2
Equity attributable to shareholders 9.9 8.4 8.7 7.4 7.0
Non-controlling interest 0.0 0.0 0.0 0.0 0.0
Total equity 9.9 8.4 8.7 7.4 7.0
Total liabilities & equity 12.7 15.7 11.7 11.3 9.5
Key figures
Total debt 0.8 2.5 1.5 2.1 1.1
Net debt / (net cash) (2.9) (0.1) (0.3) 1.2 0.3
Shares outstanding mn 77.6 77.6 77.6 77.6 77.6
Common equity 9.9 8.4 8.7 7.4 7.0
Book value per share (Rs) Rs 126.98 108.30 111.95 95.66 90.48
CSAP balance sheet — year-on-year change (Rs mn)
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
Assets
Cash & short-term investments +45.4% +49.6% +96.9% +10.6% +49.6%
Trade receivables -35.1% +11.5% +217.3% +164.8% +27.8%
Inventories -41.8% +81.8% +15.2% +18.2% -2.8%
Other current assets +12.2% +18.4% +12.4% -41.0% -90.3%
Total current assets -34.9% +114.0% +33.9% +27.3% -16.5%
Property, plant & equipment +21.9% -3.4% -3.8% +13.7% +7.6%
Intangible assets — -100.0% +1.7% +0.8% +0.6%
Long-term investments +90.7% +15.9% +9.9% +0.3% -21.1%
Other non-current assets -16.1% -29.1% -86.4% +4.3% +225.7%
Total non-current assets +28.3% -36.9% -14.2% +15.3% -9.7%
Total assets -19.2% +34.1% +3.3% +19.4% -12.2%
Liabilities
Trade payables -71.1% +238.0% -5.2% +21.2% +775.5%
Short-term borrowings & current portion of debt -74.4% +101.0% -30.7% +58.0% -42.7%
Total current liabilities -70.9% +172.9% -18.2% +37.8% -13.5%
Long-term debt -22.8% -21.6% -24.1% +315.9% -42.1%
Other non-current liabilities +4,177.9% -96.1% -74.9% +282.0% +1,568.5%
Total non-current liabilities +149.4% -29.3% -42.8% +302.7% -7.4%
Total liabilities -61.4% +143.0% -23.1% +58.6% -13.0%
Equity
Share capital 0.0% 0.0% 0.0% 0.0% 0.0%
Reserves & retained earnings +19.0% -3.6% +19.0% +6.4% +1.2%
Equity attributable to shareholders +17.2% -3.3% +17.0% +5.7% -11.8%
Non-controlling interest — — — — —
Total equity +17.2% -3.3% +17.0% +5.7% -11.8%
Total liabilities & equity -19.2% +34.1% +3.3% +19.4% -12.2%
Key figures
Total debt -68.3% +70.0% -29.1% +85.1% -42.6%
Net debt / (net cash) — — -121.2% +264.6% -76.9%
Shares outstanding — — — — —
Common equity +17.2% -3.3% +17.0% +5.7% -11.8%
Book value per share (Rs) +17.2% -3.3% +17.0% +5.7% -11.8%

Change against the previous fiscal year; shown when the earlier figure is positive.

CSAP balance sheet — common size (Rs mn)
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
Assets
Cash & short-term investments 29.5% 16.4% 14.7% 7.7% 8.3%
Trade receivables 8.4% 10.5% 12.6% 4.1% 1.9%
Inventories 15.5% 21.5% 15.9% 14.2% 14.4%
Other current assets 0.2% 0.1% 0.2% 0.1% 0.3%
Total current assets 60.5% 75.1% 47.1% 36.3% 34.0%
Property, plant & equipment 22.6% 15.0% 20.8% 22.3% 23.4%
Intangible assets 0.0% 0.0% 1.4% 1.4% 1.6%
Long-term investments 16.2% 6.8% 7.9% 7.4% 8.9%
Other non-current assets 0.5% 0.5% 0.9% 6.5% 7.4%
Total non-current assets 39.5% 24.9% 52.9% 63.7% 66.0%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Trade payables 10.5% 29.4% 11.7% 12.7% 12.5%
Short-term borrowings & current portion of debt 4.4% 14.0% 9.3% 13.9% 10.5%
Total current liabilities 15.9% 44.3% 21.8% 27.5% 23.8%
Long-term debt 1.8% 1.9% 3.2% 4.3% 1.2%
Other non-current liabilities 0.9% 0.0% 0.6% 2.5% 0.8%
Total non-current liabilities 6.1% 2.0% 3.8% 6.8% 2.0%
Total liabilities 22.1% 46.3% 25.5% 34.3% 25.8%
Equity
Share capital 6.1% 5.0% 6.7% 6.9% 8.2%
Reserves & retained earnings 71.8% 48.8% 67.8% 58.8% 66.0%
Equity attributable to shareholders 77.9% 53.7% 74.5% 65.7% 74.2%
Non-controlling interest 0.0% 0.0% 0.0% 0.0% 0.0%
Total equity 77.9% 53.7% 74.5% 65.7% 74.2%
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Total debt 6.2% 15.9% 12.5% 18.2% 11.8%
Net debt / (net cash) (23.3%) (0.5%) (2.2%) 10.5% 3.4%
Common equity 77.9% 53.7% 74.5% 65.7% 74.2%

Each line as a percentage of total assets.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.

All reported line items 196
CSAP balance sheet — all reported line items (Rs bn)
Rs bn 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
Cash & Cash Equivalents 0.3 0.1 0.3 0.0 0.0
Cash & Short Term Investments 3.7 2.6 1.7 0.9 0.8
Short-Term Investments - Total 3.5 2.5 1.4 0.8 0.8
Loans & Receivables - Net - Short-Term 1.9 5.8 1.9 1.6 1.0
Loans & Receivables - Total 1.9 5.8 1.9 1.6 1.0
Trade Accounts & Trade Notes Receivable - Net 1.1 1.6 1.5 0.5 0.2
Trade Accounts & Trade Notes Receivable - Gross — — — — —
Provision - Trade Accounts & Trade Notes Receivable — — — — —
Income Tax - Receivables - Short-Term 0.3 0.4 0.2 0.7 0.7
Receivables - Other - Total 0.6 3.8 0.3 0.5 0.2
Accounts & Notes Receivable - Trade - Gross - Total — — — — —
Inventories - Total 2.0 3.4 1.9 1.6 1.4
Inventories - Raw Materials 0.5 0.4 0.4 0.3 0.2
Inventories - Work in Progress — — — — —
Inventories - Finished Goods — — — — —
Inventories - Other - Total 1.5 3.0 1.4 1.3 1.2
Investment Property - Gross — — — — —
Investment Property - Accumulated Depreciation & Impairment — — — — —
Prepaid Expenses - Short-Term — — — — —
Investments - Total 5.5 3.6 2.3 1.7 1.6
Other Current Assets - Total 0.0 0.0 0.0 0.0 0.0
Property, Plant & Equipment - Net - Total 2.9 2.3 2.4 2.5 2.2
Property, Plant & Equipment - Gross - Total — — — — —
Property, Plant & Equipment - Accumulated Depreciation & Impairment - Total — — — — —
Other Current Assets 0.0 0.0 0.0 0.0 0.0
Other Assets - Total 0.1 0.1 0.1 0.8 0.7
Investments in Associates, Joint Ventures and Unconsolidated Subsidiaries — 0.0 2.6 2.9 2.3
Intangible Assets - Total - Net 0.0 0.0 0.2 0.2 0.2
Total Current Assets 7.6 11.8 5.5 4.1 3.2
Intangible Assets - excluding Goodwill - Net - Total 0.0 0.0 0.2 0.2 0.2
Investments - Long-Term 2.0 1.1 0.9 0.8 0.8
Investment Property - Net 0.3 0.1 0.1 0.1 0.1
Investments - Available for Sale/Held to Maturity - Long-Term 1.8 0.9 0.8 0.8 0.8
Intangible Assets - Gross - Total — — — — —
Intangible Assets - excluding Goodwill - Gross — — — — —
Intangible Assets - Accumulated Amortization & Impairment - Total — — — — —
Intangible Assets - excluding Goodwill - Accumulated Amortization & Impairment - Total — — — — —
Intangible Assets - Other - Net — — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Net - Total 2.9 2.3 2.4 2.5 2.2
Land & Buildings - Net — — — — —
Land/Improvements - Net — — — — —
Buildings - Net — — — — —
Leasehold Improvements - Net — — — — —
Plant, Machinery & Equipment - Net — — — — —
Transportation Equipment - Net — — — — —
Computer Software & Equipment - Net — — — — —
Intangible Assets - Other - Gross - Total — — — — —
Construction in Progress - Net — — — — —
Property, Plant & Equipment - Under Capital Lease - Net — — — — —
Right of Use Tangible Assets - Total - Net 0.1 0.2 0.2 0.1 0.1
Right of Use Tangible Assets - Capital/Finance Lease - Net 0.1 0.2 0.2 0.1 0.1
Property, Plant & Equipment - Other - Net 2.7 2.2 2.2 2.4 2.1
Intangible Assets - Other - Accumulated Amortization & Impairment — — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Gross — — — — —
Land & Buildings - Gross — — — — —
Land/Improvements - Gross — — — — —
Buildings - Gross — — — — —
Leasehold Improvements - Gross — — — — —
Plant, Machinery & Equipment - Gross — — — — —
Transportation Equipment - Gross — — — — —
Computer Software & Equipment - Gross — — — — —
Construction in Progress - Gross — — — — —
Property, Plant & Equipment - Under Capital Lease - Gross — — — — —
Right of Use Tangible Assets - Total - Gross — — — — —
Total Assets 12.7 15.7 11.7 11.3 9.5
Right of Use Tangible Assets - Capital/Finance Lease - Gross — — — — —
Property, Plant & Equipment - Other - Gross — — — — —
Debt - Total 0.8 2.5 1.5 2.1 1.1
Short-Term Debt & Current Portion of Long-Term Debt 0.6 2.2 1.1 1.6 1.0
Property, Plant & Equipment - excluding Assets Leased Out - Accumulated Depreciation & Impairment - Total — — — — —
Land & Buildings - Accumulated Depreciation & Impairment — — — — —
Land/Improvements - Accumulated Depreciation & Impairment — — — — —
Buildings - Accumulated Depreciation & Impairment — — — — —
Leasehold Improvements - Accumulated Depreciation & Impairment — — — — —
Current Portion of Long-Term Debt including Capitalized Leases 0.0 0.2 0.3 0.3 0.1
Plant, Machinery & Equipment - Accumulated Depreciation & Impairment — — — — —
Transportation Equipment - Accumulated Depreciation & Impairment — — — — —
Capitalized Leases - Current Portion 0.0 0.0 0.0 0.0 0.0
Computer Software & Equipment - Accumulated Depreciation & Impairment — — — — —
Short-Term Debt & Notes Payable 0.5 2.0 0.8 1.3 0.9
Debt - Long-Term - Total 0.2 0.3 0.4 0.5 0.1
Property, Plant & Equipment - Under Capital Lease - Accumulated Depreciation & Impairment — — — — —
Right of Use Tangible Assets - Total/Unspecified - Accumulated Depreciation — — — — —
Right of Use Tangible Assets - Capital/Finance Lease - Accumulated Depreciation — — — — —
Property, Plant & Equipment - Other - Accumulated Depreciation & Impairment — — — — —
Current Portion of Long-Term Debt excluding Capitalized Leases 0.0 0.2 0.3 0.3 0.1
Assets Held for Sale/Discontinued Operations - Long-Term 0.0 0.4 — — —
Capitalized Lease Obligations - Long-Term 0.1 0.2 0.2 0.1 0.1
Long-Term Debt excluding Capitalized Leases 0.1 0.1 0.2 0.4 0.1
Other Non-Current Assets - Total 0.1 0.1 0.1 0.7 0.7
Debt - Non-Convertible - Long-Term 0.1 0.1 0.2 0.4 0.1
Dividends Payable 0.1 0.1 0.0 0.0 0.0
Deferred Tax - Asset - Long-Term — 0.0 0.0 0.7 0.7
Deferred Tax & Investment Tax Credits - Long-Term 0.4 0.0 — — —
Deferred Tax - Liability - Long-Term 0.4 0.0 — — —
Payables & Accrued Expenses 1.3 4.6 1.4 1.4 1.2
Trade Account Payables - Total 1.3 4.6 1.4 1.4 1.2
Other Non-Current Assets 0.1 0.1 0.1 0.0 0.0
Accrued Expenses — — — — —
Total Liabilities 2.8 7.2 3.0 3.9 2.4
Shareholders' Equity - Attributable to Parent Shareholders - Total 9.9 8.4 8.7 7.4 7.0
Total Non-Current Assets 5.0 3.9 6.2 7.2 6.2
Common Equity Attributable to Parent Shareholders 9.9 8.4 8.7 7.4 7.0
Common Equity - Contributed 0.8 0.8 0.8 0.8 0.8
Common Stock - Issued & Paid 0.8 0.8 0.8 0.8 0.8
Equity - Non-Contributed - Reserves & Retained Earnings 9.1 7.6 7.9 6.6 6.2
Retained Earnings - Total 9.1 7.6 7.9 6.6 6.2
Trade Accounts Payable & Accruals - Short-Term 1.3 4.6 1.4 1.4 1.2
Comprehensive Income - Accumulated - Total — — — — —
Trade Accounts & Trade Notes Payable - Short-Term 1.3 4.6 1.4 1.4 1.2
Investments - Unrealized Gain/Loss — — — — —
Accrued Expenses - Short-Term — — — — —
Other Reserves/Equity - Total — — — — —
Income Taxes - Payable - Short-Term — — — — —
Dividends/Distributions Payable 0.1 0.1 0.0 0.0 0.0
Other Current Liabilities - Total 0.0 0.0 0.1 0.1 0.0
Common Equity - Total 9.9 8.4 8.7 7.4 7.0
Deferred Income - Short-Term 0.0 0.0 0.0 0.0 0.0
Security Deposits — — — — —
Common Stock - Additional Paid in Capital including Option Reserve — — — — —
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 9.9 8.4 8.7 7.4 7.0
Total Liabilities & Equity 12.7 15.7 11.7 11.3 9.5
Provisions - Short-Term — — — — —
Other Current Liabilities 0.0 0.0 0.1 0.1 0.0
Total Current Liabilities 2.0 6.9 2.5 3.1 2.3
Other Non-Current Liabilities - Total 0.1 0.0 0.1 0.3 0.1
Provisions - Long-Term — 0.0 0.1 0.3 0.1
Post Employment Benefits - Pension & Other - Long-Term — 0.0 0.1 0.3 0.1
Deferred Revenue - Long-Term 0.0 0.0 0.0 0.0 0.0
Other Non-Current Liabilities 0.1 — — — —
Total Non-Current Liabilities 0.8 0.3 0.4 0.8 0.2
Common Shares - Issued - Total mn 77.6 77.6 77.6 77.6 77.6
Common Shares - Outstanding - Total mn 77.6 77.6 77.6 77.6 77.6
Common Shares - Treasury - Total mn 0.0 0.0 0.0 0.0 0.0
Common Shares - Authorized - Issue Specific mn 100.0 100.0 100.0 100.0 100.0
Common Shares - Issued - Issue Specific mn 77.6 77.6 77.6 77.6 77.6
Common Shares - Outstanding - Issue Specific mn 77.6 77.6 77.6 77.6 77.6
Common Shares - Treasury - Issue Specific mn 0.0 0.0 0.0 0.0 0.0
Asset Allocation Factor - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Right of Use Tangible Assets - Total - Net - Supplemental 0.1 0.2 0.2 0.1 0.1
Right of Use Tangible Assets - Capital/Finance Lease - Net - Supplemental 0.1 0.2 0.2 0.1 0.1
Right of Use Tangible Assets - Total - Gross - Supplemental — — — — —
Right of Use Tangible Assets - Capital/Finance Lease - Gross - Supplemental — — — — —
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Net - Supplemental 2.7 2.2 2.2 2.4 2.1
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Gross - Supplemental — — — — —
Finance and Operating Lease Liabilities - Total - Supplemental 0.1 0.2 0.3 0.1 0.1
Debt including Finance and Operating Lease Liabilities - Supplemental 0.8 2.5 1.5 2.1 1.1
Net Debt (2.9) (0.1) (0.3) 1.2 0.3
Islamic Investments & Deposits — — — — —
Islamic Debt - Long-Term & Short-Term — — — — —
Capital Lease Maturities - Total — — — — —
Capital Lease Maturities - Due within 1 Year — — — — —
Capital Lease Maturities - Due in Year 5 — — — — —
Capital Lease Maturities - Interest Costs — — — — —
Capital Lease Maturities - Due in 4-5 Years — — — — —
Asset Accruals 12.4 15.6 11.3 11.3 9.5
Cash & Cash Equivalents - Total 0.3 0.1 0.3 0.0 0.0
Cash & Short Term Investments - Total 3.7 2.6 1.7 0.9 0.8
Debt - including Preferred Equity & Minority Interest - Total 0.8 2.5 1.5 2.1 1.1
Right of Use Tangible Assets - Total - Accumulated Depreciation - Supplemental — — — — —
Investments - Permanent 2.0 1.1 3.5 3.8 3.2
Net Book Capital 6.9 8.3 8.4 8.6 7.4
Right of Use Tangible Assets - Capital/Finance Lease - Accumulated Depreciation - Supplemental — — — — —
Net Operating Assets 6.9 8.3 8.4 8.6 7.4
Provisions - Total 0.4 0.0 0.1 0.3 0.1
Shareholders Equity - Common 9.9 8.4 8.7 7.4 7.0
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Accumulated Depreciation - Supplemental — — — — —
Tangible Total Equity 9.9 8.4 8.5 7.3 6.9
Tangible Book Value 9.9 8.4 8.5 7.3 6.9
Total Book Capital 10.6 10.9 10.2 9.5 8.1
Total Capital 10.6 10.9 10.2 9.5 8.1
Total Long Term Capital 10.6 8.7 9.1 8.2 7.2
Unearned Revenue - Total 0.0 0.0 0.0 0.0 0.0
Book Value excluding Other Equity 9.9 8.4 8.7 7.4 7.0
Assets Held for Sale/Discontinued Operations - Long-Term & Short-Term 0.0 0.4 — — —
Income Taxes - Payable - Long-Term & Short-Term — — — — —
Accruals - Short-Term 5.4 4.7 2.6 1.0 1.0
Cash & Short Term Investments - Net of Debt 2.9 0.1 0.3 (1.2) (0.3)
Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments 0.0 0.2 0.3 0.3 0.1
Total Fixed Assets - Net 5.0 3.9 6.2 7.2 6.2
Working Capital 5.6 4.8 3.0 1.0 1.0
Interest Bearing Liabilities - Total 0.8 2.5 1.5 2.1 1.1
Working Capital - Non-Cash 1.9 2.3 1.2 0.1 0.2
Working Capital excluding Other Current Assets & Liabilities 5.6 4.8 3.0 1.1 1.0
Net Debt Including Preferred Equity & Minority Interest (2.9) (0.1) (0.3) 1.2 0.3
Other Short-Term & Long-Term Assets - Total 0.1 0.1 0.1 0.8 0.7
Other Short-Term & Long-Term Liabilities - Total 0.1 0.0 0.1 0.1 0.0
Total Current Assets excluding Total Inventories 5.7 8.4 3.6 2.5 1.9
Tangible Book Value excluding Other Equity 9.9 8.4 8.5 7.3 6.9
Total Debt Excluding Islamic 0.8 2.5 1.5 2.1 1.1
Trade Accounts & Trade Notes Receivable - Net - Total 1.1 1.6 1.5 0.5 0.2
Provision for Doubtful Accounts & Notes Receivable - Total — — — — —
Current Liabilities excluding Current Debt - Total 1.5 4.7 1.4 1.5 1.3
Cash in Hand & with Banks - Total 0.3 0.1 0.3 0.0 0.0
Current Assets excluding Cash & Short Term Investments - Total 3.9 9.2 3.8 3.2 2.4
Cash, Short Term Investments & Accounts Receivable - Total 4.8 4.2 3.2 1.3 1.0

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