Last close · 16 Oct 2026
Rs 9.08 +0.22%
Annual · FY2006 – FY2025
Dewan Cement Limited (DCL) cash flow statement
Operating activities generated Rs 1.0 bn of cash in FY2025 (Jul 2024 – Jun 2025), up 216.9% on FY2024, 288% of the starting profit. Capital expenditure was Rs 1.1 bn, leaving free cash flow of -Rs 120.7 mn. Overall, cash increased by Rs 2.4 mn.
| Rs mn | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 Jul 2020 – Jun 2021 | FY2020 Jul 2019 – Jun 2020 | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 | FY2016 Jul 2015 – Jun 2016 | FY2015 Jul 2014 – Jun 2015 | FY2014 * Jul 2013 – Jun 2014 | FY2013 Jul 2012 – Jun 2013 | FY2012 Jul 2011 – Jun 2012 | FY2011 Jul 2010 – Jun 2011 | FY2010 * Jul 2009 – Jun 2010 | FY2009 * Jul 2008 – Jun 2009 | FY2008 * Jul 2007 – Jun 2008 | FY2007 * Jul 2006 – Jun 2007 | FY2006 Jul 2005 – Jun 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | 351.7 | (611.1) | (164.8) | 1.2 | (271.9) | (1,478.6) | 278.5 | 1,247.7 | 1,569.6 | 1,911.8 | 731.9 | 483.3 | 486.2 | 423.9 | (337.8) | (619.5) | (376.5) | (582.3) | 165.0 | 479.3 |
| Depreciation & amortisation | 1,355.5 | 1,413.0 | 992.6 | 1,109.4 | 693.5 | 475.4 | 768.1 | 867.0 | 693.9 | 584.3 | 530.4 | 435.5 | 429.3 | 380.1 | 368.7 | 289.0 | 467.7 | 571.4 | 463.4 | 268.0 |
| Net cash from operating activities | 1,013.7 | 319.9 | 1,194.7 | 240.2 | 54.8 | 464.5 | 1,283.2 | 1,643.4 | 2,744.2 | 1,585.1 | 435.0 | 440.1 | 451.5 | 632.4 | 25.2 | (20.1) | 474.2 | 797.0 | 687.7 | 586.4 |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | (1,134.4) | (522.6) | (120.3) | (253.6) | (7.8) | (203.0) | (842.4) | (653.3) | (2,965.3) | (1,415.2) | (1,169.9) | (248.8) | (381.5) | (571.3) | (0.9) | 0.0 | (406.8) | (575.9) | (2,150.0) | (918.3) |
| Net cash from investing activities | (1,134.8) | (49.6) | (590.9) | (256.6) | (3.8) | (199.1) | (827.1) | (646.7) | (2,967.2) | (1,423.1) | (1,176.2) | (306.1) | (375.7) | (572.8) | (0.9) | 0.0 | (405.0) | (575.6) | (2,149.6) | (896.7) |
| Financing activities | ||||||||||||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — | — | (0.0) | — | — | 0.0 | (0.5) | (69.1) | — |
| Borrowings raised / (repaid) | (47.9) | (47.0) | (136.2) | (215.6) | (32.0) | (63.9) | (355.6) | (893.0) | 270.6 | (166.6) | 1,056.1 | 198.5 | (18.4) | 8.9 | (12.6) | (42.2) | (73.5) | 3,878.1 | 2,347.4 | (546.0) |
| Net cash from financing activities | 123.5 | (196.0) | (676.8) | 112.6 | (79.8) | (245.8) | (483.5) | (1,020.9) | 142.7 | (287.9) | 920.3 | (48.4) | (137.5) | (5.6) | (12.6) | (42.2) | (79.4) | (313.3) | 1,452.3 | 279.0 |
| Net change in cash | 2.4 | 74.3 | (73.0) | 96.2 | (28.8) | 19.5 | (27.5) | (24.2) | (80.3) | (125.9) | 179.2 | 85.7 | (61.7) | 54.0 | 11.8 | (62.3) | (10.3) | (92.0) | (9.6) | (31.3) |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (120.7) | (202.7) | 1,074.4 | (13.4) | 47.0 | 261.4 | 440.8 | 990.1 | (221.1) | 169.9 | (734.9) | 191.3 | 69.9 | 61.2 | 24.3 | (20.1) | 67.4 | 221.1 | (1,462.3) | (331.9) |
| Rs mn | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 Jul 2020 – Jun 2021 | FY2020 Jul 2019 – Jun 2020 | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 | FY2016 Jul 2015 – Jun 2016 | FY2015 Jul 2014 – Jun 2015 | FY2014 * Jul 2013 – Jun 2014 | FY2013 Jul 2012 – Jun 2013 | FY2012 Jul 2011 – Jun 2012 | FY2011 Jul 2010 – Jun 2011 | FY2010 * Jul 2009 – Jun 2010 | FY2009 * Jul 2008 – Jun 2009 | FY2008 * Jul 2007 – Jun 2008 | FY2007 * Jul 2006 – Jun 2007 | FY2006 Jul 2005 – Jun 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | — | — | -13,728.3% | — | — | -631.0% | -77.7% | -20.5% | -17.9% | +161.2% | +51.4% | -0.6% | +14.7% | — | — | — | — | -453.0% | -65.6% | — |
| Depreciation & amortisation | -4.1% | +42.4% | -10.5% | +60.0% | +45.9% | -38.1% | -11.4% | +24.9% | +18.8% | +10.2% | +21.8% | +1.5% | +12.9% | +3.1% | +27.6% | -38.2% | -18.1% | +23.3% | +72.9% | — |
| Net cash from operating activities | +216.9% | -73.2% | +397.4% | +338.2% | -88.2% | -63.8% | -21.9% | -40.1% | +73.1% | +264.4% | -1.2% | -2.5% | -28.6% | +2,409.0% | — | -104.2% | -40.5% | +15.9% | +17.3% | — |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | +117.1% | +334.3% | -52.6% | +3,164.0% | -96.2% | -75.9% | +28.9% | -78.0% | +109.5% | +21.0% | +370.2% | -34.8% | -33.2% | +66,402.7% | — | -100.0% | -29.4% | -73.2% | +134.1% | — |
| Net cash from investing activities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | -100.0% | -99.3% | — | — |
| Borrowings raised / (repaid) | — | — | — | — | — | — | — | -430.0% | — | -115.8% | +432.0% | — | -307.2% | — | — | — | -101.9% | +65.2% | — | — |
| Net cash from financing activities | — | — | -701.2% | — | — | — | — | -815.2% | — | -131.3% | — | — | — | — | — | — | — | -121.6% | +420.5% | — |
| Net change in cash | -96.8% | — | -175.9% | — | -247.6% | — | — | — | — | -170.3% | +109.2% | — | -214.3% | +358.7% | — | — | — | — | — | — |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | — | -118.9% | — | -128.5% | -82.0% | -40.7% | -55.5% | — | -230.1% | — | -484.1% | +173.6% | +14.3% | +151.3% | — | -129.9% | -69.5% | — | — | — |
Change against the previous fiscal year; shown when the earlier figure is positive.
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 48
| Rs mn | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 Jul 2020 – Jun 2021 | FY2020 Jul 2019 – Jun 2020 | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 | FY2016 Jul 2015 – Jun 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 351.7 | (611.1) | (164.8) | 1.2 | (271.9) | (1,478.6) | 278.5 | 1,247.7 | 1,569.6 | 1,911.8 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 1,406.5 | 1,436.8 | 1,054.1 | 1,223.6 | 668.8 | 508.0 | 802.7 | 735.6 | 592.2 | 422.0 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 51.0 | 17.8 | 59.7 | 204.1 | (27.8) | 24.2 | 23.9 | (166.0) | (97.9) | (155.3) |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 0.3 | 6.3 | 1.9 | (89.8) | 3.1 | 8.8 | 11.7 | 10.7 | 13.3 | 1.7 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 1,355.5 | 1,413.0 | 992.6 | 1,109.4 | 693.5 | 475.4 | 768.1 | 867.0 | 693.9 | 584.3 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 1,355.5 | 1,413.0 | 992.6 | 1,109.4 | 693.5 | 475.4 | 768.1 | 867.0 | 693.9 | 584.3 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | — | (0.0) | 0.0 | (0.0) | 0.0 | (0.5) | (0.3) | 14.1 | — | — |
| Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile | (0.3) | (0.2) | (0.1) | (0.1) | (0.1) | 0.1 | (0.6) | 9.8 | (17.1) | (8.8) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | (277.3) | 269.6 | 473.1 | 378.4 | 106.6 | (9.2) | 192.7 | 26.7 | 145.5 | 216.1 |
| Interest Paid - Cash | 0.3 | 6.3 | 1.9 | 2.4 | 1.4 | 6.8 | 6.9 | 4.8 | 8.0 | 7.2 |
| Interest & Dividends - Received - Total - Cash Flow | — | — | — | — | — | 0.0 | 0.3 | 0.9 | 0.9 | 6.6 |
| Cash Flow from Operating Activities before Changes in Working Capital | 2,035.2 | 549.8 | 414.4 | 844.0 | 288.9 | (968.1) | 881.9 | 1,952.6 | 2,009.1 | 2,117.2 |
| Working Capital - Increase/(Decrease) - Cash Flow | (1,021.5) | (229.9) | 780.4 | (603.8) | (234.1) | 1,432.6 | 401.3 | (309.2) | 735.1 | (532.1) |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | 323.3 | (191.6) | 202.2 | (753.2) | (135.0) | 9.0 | (37.3) | (16.8) | 184.0 | 238.1 |
| Inventories - Decrease/(Increase) - Cash Flow | 386.8 | (365.8) | 117.4 | (893.5) | (159.1) | 344.2 | 549.2 | (424.3) | (80.7) | (239.1) |
| Other Assets - Decrease/(Increase) - Cash Flow | (6.8) | 30.7 | (22.7) | (1.8) | (10.6) | 3.9 | (0.3) | (1.2) | 2.8 | 0.3 |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | (1,724.8) | 296.8 | 483.4 | 1,044.7 | 70.6 | 738.9 | (126.8) | 74.4 | 694.3 | (569.2) |
| Taxes Payable - Increase/(Decrease) - Cash Flow | — | — | — | — | — | 336.6 | 16.6 | 58.7 | (65.3) | 37.9 |
| Net Cash Flow from Operating Activities | 1,013.7 | 319.9 | 1,194.7 | 240.2 | 54.8 | 464.5 | 1,283.2 | 1,643.4 | 2,744.2 | 1,585.1 |
| Capital Expenditures - Net - Cash Flow | 1,134.4 | 522.4 | 120.3 | 253.6 | 7.8 | 202.5 | 841.3 | 643.1 | 2,961.9 | 1,414.0 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 1,134.4 | 522.4 | 120.3 | 253.6 | 7.8 | 202.5 | 841.3 | 643.1 | 2,961.9 | 1,414.0 |
| Property, Plant & Equipment - Purchased - Cash Flow | 1,134.4 | 522.6 | 120.3 | 253.6 | 7.8 | 203.0 | 842.4 | 653.3 | 2,965.3 | 1,415.2 |
| Property, Plant & Equipment Sold - Cash Flow | — | 0.1 | 0.0 | 0.0 | 0.0 | 0.6 | 1.0 | 10.1 | 3.4 | 1.1 |
| Capital Expenditures - Total | 1,134.4 | 522.6 | 120.3 | 253.6 | 7.8 | 203.0 | 842.4 | 653.3 | 2,965.3 | 1,415.2 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | — | — | — | — | — | 0.0 | 9.5 | 16.8 | — | 0.0 |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | — | — | — | — | — | 0.0 | 9.5 | 16.8 | — | 0.0 |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | — | — | — | — | — | 0.0 | 9.5 | 16.8 | — | — |
| Investment Securities - Purchased - Unclassified - Cash Flow | — | — | — | — | — | — | — | — | — | 0.0 |
| Other Investing Cash Flow - Decrease/(Increase) | (0.4) | 472.9 | (470.5) | (3.0) | 3.9 | 3.4 | 4.7 | (20.4) | (5.3) | (9.0) |
| Net Cash Flow from Investing Activities | (1,134.8) | (49.6) | (590.9) | (256.6) | (3.8) | (199.1) | (827.1) | (646.7) | (2,967.2) | (1,423.1) |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | (47.9) | (47.0) | (136.2) | (215.6) | (32.0) | (63.9) | (355.6) | (893.0) | 270.6 | (166.6) |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (47.9) | (47.0) | (136.2) | (215.6) | (32.0) | (63.9) | (355.6) | (893.0) | 270.6 | (166.6) |
| Debt - Issued - Long-Term - Cash Flow | — | — | — | — | — | — | — | — | 320.6 | 0.0 |
| Debt - Reduced - Long-Term - Cash Flow | 47.9 | 47.0 | 136.2 | — | — | — | — | 893.0 | 50.0 | 166.6 |
| Other Financing Cash Flow - Increase/(Decrease) | 171.3 | (149.0) | (540.6) | 328.1 | (47.8) | (181.9) | (127.9) | (127.9) | (127.9) | (121.3) |
| Net Cash Flow from Financing Activities | 123.5 | (196.0) | (676.8) | 112.6 | (79.8) | (245.8) | (483.5) | (1,020.9) | 142.7 | (287.9) |
| Net Change in Cash - Total | 2.4 | 74.3 | (73.0) | 96.2 | (28.8) | 19.5 | (27.5) | (24.2) | (80.3) | (125.9) |
| Net Cash from Continuing Operations | 2.4 | 74.3 | (73.0) | 96.2 | (28.8) | 19.5 | (27.5) | (24.2) | (80.3) | (125.9) |
| Net Cash - Beginning Balance | 159.3 | 85.0 | 157.9 | 61.7 | 90.5 | 71.0 | 98.5 | 122.7 | 203.0 | 328.9 |
| Net Cash - Ending Balance | 161.6 | 159.3 | 85.0 | 157.9 | 61.7 | 90.5 | 71.0 | 98.5 | 122.7 | 203.0 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | (277.3) | 269.6 | 473.1 | 378.4 | 106.6 | (9.2) | 192.7 | 26.7 | 145.5 | 216.1 |
| Interest Paid - Cash Flow - Supplemental | 0.3 | 6.3 | 1.9 | 2.4 | 1.4 | 6.8 | 6.9 | 4.8 | 8.0 | 7.2 |
| Interest & Dividends - Received - Cash Flow - Supplemental | — | — | — | — | — | 0.0 | 0.3 | 0.9 | 0.9 | 6.6 |
| CF from Optg Activities before Change in WC & Int Payments | 2,035.5 | 556.1 | 416.2 | 846.4 | 290.2 | (961.3) | 888.7 | 1,957.5 | 2,017.1 | 2,124.3 |
| Depreciation, Depletion & Amortization - Cash Flow | 1,355.5 | 1,413.0 | 992.6 | 1,109.4 | 693.5 | 475.4 | 768.1 | 867.0 | 693.9 | 584.3 |
| Free Cash Flow to Equity | (168.5) | (249.6) | 938.2 | (228.9) | 15.1 | 198.0 | 86.2 | 107.2 | 52.9 | 4.4 |
| Free Cash Flow Net of Dividends | (120.7) | (202.7) | 1,074.4 | (13.4) | 47.0 | 261.4 | 440.8 | 990.1 | (221.1) | 169.9 |
| Free Cash Flow | (120.7) | (202.7) | 1,074.4 | (13.4) | 47.0 | 261.4 | 440.8 | 990.1 | (221.1) | 169.9 |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 10 periods; the table above goes back further.