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Real Estate Investment Trust

DCR Dolmen City REIT

Latest results: FY2026 · Jun 2026

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Last close · 16 Oct 2026

Rs 39.81 -0.20%

Quarterly · Q1 FY2022 – Q4 FY2026

Dolmen City REIT (DCR) quarterly balance sheet

At the end of Q4 FY2026 (Apr – Jun 2026) Dolmen City REIT had total assets of Rs 84.5 bn, up 9.1% on Q4 FY2025. Current assets of Rs 2.8 bn covered current liabilities of Rs 998.2 mn 2.81 times. Shareholders' equity was Rs 83.5 bn (Rs 37.56 per share), 98.8% of total assets.

DCR balance sheet (quarterly) (Rs bn)
Rs bn 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
Assets
Cash & short-term investments 2.3 2.3 2.2 2.3 2.3 2.1 2.1 1.9
Trade receivables 0.2 0.2 0.1 0.2 0.1 0.1 0.1 0.1
Other current assets — 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Total current assets 2.8 2.7 2.6 2.7 2.7 2.5 2.5 2.4
Long-term investments 81.7 75.7 75.7 74.8 74.8 76.2 76.2 71.7
Total non-current assets 81.7 75.7 75.7 74.8 74.8 76.2 76.2 71.7
Total assets 84.5 78.5 78.4 77.5 77.5 78.7 78.7 74.0
Liabilities
Total current liabilities 1.0 2.4 2.3 1.0 0.9 2.1 1.0 2.0
Other non-current liabilities — — — — — — — —
Total non-current liabilities — — — — — — — —
Total liabilities 1.0 2.4 2.3 1.0 0.9 2.1 1.0 2.0
Equity
Share capital 22.2 22.2 22.2 22.2 22.2 22.2 22.2 22.2
Reserves & retained earnings 61.3 53.8 53.9 54.3 54.3 54.4 55.5 49.8
Equity attributable to shareholders 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Non-controlling interest 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Total equity 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Total liabilities & equity 84.5 78.5 78.4 77.5 77.5 78.7 78.7 74.0
Key figures
Net debt / (net cash) (2.3) (2.3) (2.2) (2.3) (2.3) (2.1) (2.1) (1.9)
Shares outstanding mn 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7
Common equity 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Book value per share (Rs) Rs 37.56 34.21 34.22 34.40 34.41 34.45 34.97 32.41
DCR balance sheet — 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
Assets
Cash & short-term investments +0.1% +7.9% +4.0% +18.3% +26.6% +13.0% +15.5% +3.5%
Trade receivables +68.8% +1.3% -0.5% +12.2% +13.4% +23.7% -24.8% +7.0%
Other current assets — -91.0% +33.4% +3,304.6% -98.0% +1,665.8% +18.9% +18.9%
Total current assets +3.6% +7.4% +3.8% +15.4% +13.5% +8.8% +9.1% +2.0%
Long-term investments +9.3% -0.6% -0.6% +4.3% +4.3% +7.4% +7.4% +5.3%
Total non-current assets +9.3% -0.6% -0.6% +4.3% +4.3% +7.4% +7.4% +5.3%
Total assets +9.1% -0.3% -0.5% +4.7% +4.6% +7.4% +7.4% +5.2%
Liabilities
Total current liabilities +5.1% +12.3% +136.3% -49.4% +9.7% +149.2% +15.8% +131.1%
Other non-current liabilities — — — — — — — —
Total non-current liabilities — — — — — — — —
Total liabilities +5.1% +12.3% +136.3% -49.4% +9.7% +149.2% +15.8% +131.1%
Equity
Share capital 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Reserves & retained earnings +12.9% -1.0% -3.0% +8.9% +6.5% +8.3% +10.6% +5.4%
Equity attributable to shareholders +9.2% -0.7% -2.2% +6.1% +4.5% +5.7% +7.3% +3.7%
Non-controlling interest — — — — — — — —
Total equity +9.2% -0.7% -2.2% +6.1% +4.5% +5.7% +7.3% +3.7%
Total liabilities & equity +9.1% -0.3% -0.5% +4.7% +4.6% +7.4% +7.4% +5.2%
Key figures
Net debt / (net cash) — — — — — — — —
Shares outstanding — — — — — — — —
Common equity +9.2% -0.7% -2.2% +6.1% +4.5% +5.7% +7.3% +3.7%
Book value per share (Rs) +9.2% -0.7% -2.2% +6.1% +4.5% +5.7% +7.3% +3.7%

Change against the same quarter a year earlier; shown when the earlier figure is positive.

DCR balance sheet — common size (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
Assets
Cash & short-term investments 2.8% 2.9% 2.8% 3.0% 3.0% 2.7% 2.7% 2.6%
Trade receivables 0.2% 0.2% 0.2% 0.2% 0.1% 0.2% 0.2% 0.2%
Other current assets — 0.0% 0.0% 0.1% 0.0% 0.0% 0.0% 0.0%
Total current assets 3.3% 3.5% 3.4% 3.5% 3.5% 3.2% 3.2% 3.2%
Long-term investments 96.7% 96.5% 96.6% 96.5% 96.5% 96.8% 96.8% 96.8%
Total non-current assets 96.7% 96.5% 96.6% 96.5% 96.5% 96.8% 96.8% 96.8%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Total current liabilities 1.2% 3.1% 2.9% 1.3% 1.2% 2.7% 1.2% 2.7%
Other non-current liabilities — — — — — — — —
Total non-current liabilities — — — — — — — —
Total liabilities 1.2% 3.1% 2.9% 1.3% 1.2% 2.7% 1.2% 2.7%
Equity
Share capital 26.3% 28.3% 28.4% 28.7% 28.7% 28.2% 28.2% 30.0%
Reserves & retained earnings 72.5% 68.6% 68.7% 70.0% 70.1% 69.0% 70.5% 67.3%
Equity attributable to shareholders 98.8% 96.9% 97.1% 98.7% 98.8% 97.3% 98.8% 97.3%
Non-controlling interest 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0% 0.0%
Total equity 98.8% 96.9% 97.1% 98.7% 98.8% 97.3% 98.8% 97.3%
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Net debt / (net cash) (2.8%) (2.9%) (2.8%) (3.0%) (3.0%) (2.7%) (2.7%) (2.6%)
Common equity 98.8% 96.9% 97.1% 98.7% 98.8% 97.3% 98.8% 97.3%

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. Updated 16 Oct 2026.

All reported line items 85
DCR balance sheet — all reported line items (Rs bn)
Rs bn 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
Cash & Cash Equivalents 2.1 2.3 0.5 2.3 2.3 0.9 2.1 1.8
Cash & Short Term Investments 2.3 2.3 2.2 2.3 2.3 2.1 2.1 1.9
Short-Term Investments - Total 0.2 — 1.7 — 0.0 1.2 0.0 0.1
Loans & Receivables - Net - Short-Term 0.2 0.2 0.1 0.2 0.1 0.2 0.1 0.2
Loans & Receivables - Total 0.2 0.2 0.1 0.2 0.1 0.2 0.1 0.2
Trade Accounts & Trade Notes Receivable - Net 0.2 0.2 0.1 0.2 0.1 0.1 0.1 0.1
Trade Accounts & Trade Notes Receivable - Gross — 0.2 0.2 0.2 0.2 0.2 0.2 0.2
Provision - Trade Accounts & Trade Notes Receivable — 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Receivables - Other - Total 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Accounts & Notes Receivable - Trade - Gross - Total — 0.2 0.2 0.2 0.2 0.2 0.2 0.2
Prepaid Expenses - Short-Term 0.2 0.3 0.3 0.2 0.2 0.2 0.3 0.3
Investments - Total 81.9 75.7 77.5 74.8 74.8 77.4 76.2 71.8
Other Current Assets - Total — 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Current Assets — 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Assets - Total — 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Total Current Assets 2.8 2.7 2.6 2.7 2.7 2.5 2.5 2.4
Investments - Long-Term 81.7 75.7 75.7 74.8 74.8 76.2 76.2 71.7
Investment Property - Net 81.7 75.7 75.7 74.8 74.8 76.2 76.2 71.7
Total Assets 84.5 78.5 78.4 77.5 77.5 78.7 78.7 74.0
Dividends Payable 0.0 1.5 1.4 0.0 0.0 1.2 0.0 1.1
Payables & Accrued Expenses 0.3 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Accrued Expenses 0.3 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Total Liabilities 1.0 2.4 2.3 1.0 0.9 2.1 1.0 2.0
Shareholders' Equity - Attributable to Parent Shareholders - Total 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Total Non-Current Assets 81.7 75.7 75.7 74.8 74.8 76.2 76.2 71.7
Common Equity Attributable to Parent Shareholders 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Common Equity - Contributed 22.2 22.2 22.2 22.2 22.2 22.2 22.2 22.2
Common Stock - Issued & Paid 22.2 22.2 22.2 22.2 22.2 22.2 22.2 22.2
Equity - Non-Contributed - Reserves & Retained Earnings 61.3 53.8 53.9 54.3 54.3 54.4 55.5 49.8
Retained Earnings - Total 61.3 53.8 53.9 54.3 54.3 54.4 55.5 49.8
Trade Accounts Payable & Accruals - Short-Term 0.3 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Accrued Expenses - Short-Term 0.3 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Income Taxes - Payable - Short-Term — 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Dividends/Distributions Payable 0.0 1.5 1.4 0.0 0.0 1.2 0.0 1.1
Other Current Liabilities - Total 0.7 0.8 0.8 0.9 0.9 0.8 0.8 0.8
Common Equity - Total 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Deferred Income - Short-Term — 0.1 0.1 0.1 0.2 0.1 0.2 0.1
Security Deposits 0.7 0.6 0.6 0.6 0.6 0.6 0.6 0.6
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Total Liabilities & Equity 84.5 78.5 78.4 77.5 77.5 78.7 78.7 74.0
Provisions - Short-Term — — — — — — — —
Other Current Liabilities 0.1 0.1 0.1 0.2 0.1 0.1 0.1 0.1
Total Current Liabilities 1.0 2.4 2.3 1.0 0.9 2.1 1.0 2.0
Other Non-Current Liabilities - Total — — — — — — — —
Other Non-Current Liabilities — — — — — — — —
Total Non-Current Liabilities — — — — — — — —
Common Shares - Issued - Total mn 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7
Common Shares - Outstanding - Total mn 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7
Common Shares - Treasury - Total mn 0.0 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Common Shares - Issued - Issue Specific mn 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7
Common Shares - Outstanding - Issue Specific mn 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7 2,223.7
Common Shares - Treasury - Issue Specific mn 0.0 0.0 0.0 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× 1.00× 1.00× 1.00×
Net Debt (2.3) (2.3) (2.2) (2.3) (2.3) (2.1) (2.1) (1.9)
Asset Accruals 82.4 76.2 77.9 75.2 75.1 77.8 76.6 72.3
Cash & Cash Equivalents - Total 2.1 2.3 0.5 2.3 2.3 0.9 2.1 1.8
Cash & Short Term Investments - Total 2.3 2.3 2.2 2.3 2.3 2.1 2.1 1.9
Investments - Permanent 81.7 75.7 75.7 74.8 74.8 76.2 76.2 71.7
Net Book Capital 81.2 73.8 73.9 74.2 74.2 74.5 75.6 70.1
Net Operating Assets 81.2 73.8 73.9 74.2 74.2 74.5 75.6 70.1
Provisions - Total — — — — — — — —
Shareholders Equity - Common 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Tangible Total Equity 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Tangible Book Value 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Total Book Capital 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Total Capital 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Total Long Term Capital 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Unearned Revenue - Total — 0.1 0.1 0.1 0.2 0.1 0.2 0.1
Book Value excluding Other Equity 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Income Taxes - Payable - Long-Term & Short-Term — 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Accruals - Short-Term (0.3) (2.0) (0.1) (0.5) (0.6) (0.5) (0.6) (1.4)
Cash & Short Term Investments - Net of Debt 2.3 2.3 2.2 2.3 2.3 2.1 2.1 1.9
Total Fixed Assets - Net 81.7 75.7 75.7 74.8 74.8 76.2 76.2 71.7
Working Capital 1.8 0.3 0.3 1.7 1.8 0.4 1.6 0.4
Working Capital - Non-Cash (0.5) (2.0) (1.9) (0.5) (0.6) (1.7) (0.6) (1.5)
Working Capital excluding Other Current Assets & Liabilities 2.5 1.2 1.1 2.6 2.6 1.2 2.4 1.2
Net Debt Including Preferred Equity & Minority Interest (2.3) (2.3) (2.2) (2.3) (2.3) (2.1) (2.1) (1.9)
Other Short-Term & Long-Term Assets - Total — 0.0 0.0 0.0 0.0 0.0 0.0 0.0
Other Short-Term & Long-Term Liabilities - Total 0.7 0.8 0.8 0.9 0.9 0.8 0.8 0.8
Tangible Book Value excluding Other Equity 83.5 76.1 76.1 76.5 76.5 76.6 77.8 72.1
Trade Accounts & Trade Notes Receivable - Net - Total 0.2 0.2 0.1 0.2 0.1 0.1 0.1 0.1
Provision for Doubtful Accounts & Notes Receivable - Total — 0.1 0.1 0.1 0.1 0.1 0.1 0.1
Cash in Hand & with Banks - Total 2.1 2.3 0.5 2.3 2.3 0.9 2.1 1.8
Current Assets excluding Cash & Short Term Investments - Total 0.5 0.4 0.4 0.4 0.4 0.4 0.4 0.4
Cash, Short Term Investments & Accounts Receivable - Total 2.5 2.4 2.3 2.4 2.5 2.3 2.3 2.1

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