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Textile Composite

FZCM Fazal Cloth Mills Limited

Latest results: FY2026 · Jun 2026

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Last close · 16 Oct 2026

Rs 298.07 +2.78%

Annual · FY2007 – FY2026

Fazal Cloth Mills Limited (FZCM) balance sheet

At the end of FY2026 (Jul 2025 – Jun 2026) Fazal Cloth Mills Limited had total assets of Rs 133.4 bn, up 15.6% on FY2025. Current assets of Rs 52.3 bn covered current liabilities of Rs 32.6 bn 1.61 times. Total debt was Rs 46.3 bn, net debt Rs 43.4 bn. Shareholders' equity was Rs 75.7 bn (Rs 2,522.58 per share), 56.7% of total assets.

FZCM 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 2.9 1.7 1.0 0.7 0.6
Trade receivables 15.2 12.3 12.1 11.4 7.3
Inventories 31.9 36.0 25.8 32.7 27.6
Other current assets 0.2 — — — —
Total current assets 52.3 53.0 39.9 48.9 38.5
Property, plant & equipment 68.1 52.2 52.1 52.8 41.5
Intangible assets — — — — —
Long-term investments 13.0 10.2 7.6 6.0 7.5
Other non-current assets 0.0 0.0 0.1 0.0 0.0
Total non-current assets 81.1 62.4 59.8 58.9 49.1
Total assets 133.4 115.5 99.8 107.8 87.5
Liabilities
Trade payables 8.7 9.0 6.4 8.3 7.4
Short-term borrowings & current portion of debt 21.7 27.8 21.6 28.8 18.5
Total current liabilities 32.6 39.2 30.4 39.2 26.6
Long-term debt 24.6 19.2 15.3 16.8 15.6
Other non-current liabilities 0.6 0.6 0.6 0.4 0.3
Total non-current liabilities 25.2 29.3 25.1 24.0 20.4
Total liabilities 57.7 68.5 55.5 63.1 47.0
Equity
Share capital 0.3 0.3 0.3 0.3 0.3
Reserves & retained earnings 75.4 46.6 44.0 44.3 40.2
Equity attributable to shareholders 75.7 46.9 44.3 44.6 40.5
Non-controlling interest 0.0 0.0 0.0 0.0 0.0
Total equity 75.7 46.9 44.3 44.6 40.5
Total liabilities & equity 133.4 115.5 99.8 107.8 87.5
Key figures
Total debt 46.3 47.0 36.8 45.6 34.1
Net debt / (net cash) 43.4 45.3 35.8 44.9 33.5
Shares outstanding mn 30.0 30.0 30.0 30.0 30.0
Common equity 75.7 46.9 44.3 44.6 40.5
Book value per share (Rs) Rs 2,522.58 1,564.51 1,477.38 1,488.22 1,350.98
FZCM 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 +65.0% +68.1% +44.8% +15.1% +86.1%
Trade receivables +24.2% +1.6% +6.3% +56.4% +53.4%
Inventories -11.2% +39.6% -21.3% +18.6% +69.2%
Other current assets — — — — —
Total current assets -1.4% +32.7% -18.3% +27.2% +69.0%
Property, plant & equipment +30.6% +0.1% -1.4% +27.3% +8.1%
Intangible assets — — — — —
Long-term investments +26.8% +34.2% +27.3% -19.8% +191.5%
Other non-current assets 0.0% -76.7% +333.2% 0.0% +5.9%
Total non-current assets +30.0% +4.3% +1.7% +19.9% +10.6%
Total assets +15.6% +15.7% -7.4% +23.1% +30.4%
Liabilities
Trade payables -2.8% +40.9% -22.9% +12.3% +61.3%
Short-term borrowings & current portion of debt -22.2% +29.2% -25.2% +56.0% +90.9%
Total current liabilities -17.0% +29.2% -22.5% +47.2% +80.9%
Long-term debt +28.3% +25.5% -9.1% +7.8% +19.5%
Other non-current liabilities -5.4% +4.8% +29.5% +30.1% +16.3%
Total non-current liabilities -14.0% +16.7% +4.8% +17.4% +15.1%
Total liabilities -15.7% +23.5% -12.1% +34.3% +45.0%
Equity
Share capital 0.0% 0.0% 0.0% 0.0% 0.0%
Reserves & retained earnings +61.6% +5.9% -0.7% +10.2% +17.0%
Equity attributable to shareholders +61.2% +5.9% -0.7% +10.2% +16.8%
Non-controlling interest — — — — —
Total equity +61.2% +5.9% -0.7% +10.2% +16.8%
Total liabilities & equity +15.6% +15.7% -7.4% +23.1% +30.4%
Key figures
Total debt -1.6% +27.7% -19.3% +33.9% +49.9%
Net debt / (net cash) -4.2% +26.5% -20.3% +34.3% +49.3%
Shares outstanding — — — — —
Common equity +61.2% +5.9% -0.7% +10.2% +16.8%
Book value per share (Rs) +61.2% +5.9% -0.7% +10.2% +16.8%

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

FZCM 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 2.1% 1.5% 1.0% 0.7% 0.7%
Trade receivables 11.4% 10.6% 12.1% 10.5% 8.3%
Inventories 23.9% 31.2% 25.8% 30.4% 31.6%
Other current assets 0.1% — — — —
Total current assets 39.2% 45.9% 40.0% 45.4% 43.9%
Property, plant & equipment 51.1% 45.2% 52.2% 49.0% 47.4%
Intangible assets — — — — —
Long-term investments 9.7% 8.9% 7.7% 5.6% 8.5%
Other non-current assets 0.0% 0.0% 0.1% 0.0% 0.0%
Total non-current assets 60.8% 54.1% 60.0% 54.6% 56.1%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Trade payables 6.6% 7.8% 6.4% 7.7% 8.4%
Short-term borrowings & current portion of debt 16.2% 24.1% 21.6% 26.7% 21.1%
Total current liabilities 24.4% 34.0% 30.4% 36.3% 30.4%
Long-term debt 18.5% 16.6% 15.3% 15.6% 17.8%
Other non-current liabilities 0.4% 0.5% 0.6% 0.4% 0.4%
Total non-current liabilities 18.9% 25.4% 25.2% 22.2% 23.3%
Total liabilities 43.3% 59.3% 55.6% 58.6% 53.7%
Equity
Share capital 0.2% 0.3% 0.3% 0.3% 0.3%
Reserves & retained earnings 56.5% 40.4% 44.1% 41.1% 46.0%
Equity attributable to shareholders 56.7% 40.7% 44.4% 41.4% 46.3%
Non-controlling interest 0.0% 0.0% 0.0% 0.0% 0.0%
Total equity 56.7% 40.7% 44.4% 41.4% 46.3%
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Total debt 34.7% 40.7% 36.9% 42.3% 38.9%
Net debt / (net cash) 32.5% 39.2% 35.9% 41.7% 38.2%
Common equity 56.7% 40.7% 44.4% 41.4% 46.3%

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. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.

All reported line items 172
FZCM 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 1.8 1.1 0.7 0.5 0.4
Cash & Short Term Investments 2.9 1.7 1.0 0.7 0.6
Short-Term Investments - Total 1.0 0.6 0.3 0.2 0.2
Loans & Receivables - Net - Short-Term 16.8 14.7 12.9 14.9 10.0
Loans & Receivables - Total 16.8 14.7 12.9 14.9 10.0
Trade Accounts & Trade Notes Receivable - Net 15.2 12.3 12.1 11.4 7.3
Loans - Short-Term 0.4 0.3 0.2 0.2 0.4
Income Tax - Receivables - Short-Term 1.2 2.1 0.6 3.3 2.4
Receivables - Other - Total 0.0 0.0 0.0 0.0 0.0
Inventories - Total 31.9 36.0 25.8 32.7 27.6
Inventories - Raw Materials 2.4 2.3 2.0 1.4 0.8
Inventories - Work in Progress — — — — —
Inventories - Finished Goods 29.6 33.7 23.7 31.3 26.8
Prepaid Expenses - Short-Term 0.5 0.6 0.3 0.6 0.2
Investments - Total 14.0 10.9 8.0 6.2 7.7
Other Current Assets - Total 0.2 — — — —
Property, Plant & Equipment - Net - Total 68.1 52.2 52.1 52.8 41.5
Restricted Accounts - Short-Term — — — — —
Property, Plant & Equipment - Gross - Total — — — — —
Property, Plant & Equipment - Accumulated Depreciation & Impairment - Total — — — — —
Other Current Assets — — — — —
Other Assets - Total 0.2 0.0 0.1 0.0 0.0
Intangible Assets - Total - Net — — — — —
Total Current Assets 52.3 53.0 39.9 48.9 38.5
Intangible Assets - excluding Goodwill - Net - Total — — — — —
Investments - Long-Term 13.0 10.2 7.6 6.0 7.5
Investments - Available for Sale/Held to Maturity - Long-Term 13.0 10.2 7.6 6.0 7.5
Intangible Assets - excluding Goodwill - Gross — — — — —
Goodwill/Cost in Excess of Assets Purchased - Net — — — — —
Receivables & Loans - Long-Term — — — — —
Intangible Assets - excluding Goodwill - Accumulated Amortization & Impairment - Total — — — — —
Loans - Long-Term — — — — —
Computer Software - Intangible Assets - Net — — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Net - Total — — — — —
Land & Buildings - Net — — — — —
Land/Improvements - Net — — — — —
Buildings - Net — — — — —
Computer Software - Intangible Assets - Gross — — — — —
Plant, Machinery & Equipment - Net — — — — —
Transportation Equipment - Net — — — — —
Construction in Progress - Net — — — — —
Property, Plant & Equipment - Other - Net — — — — —
Computer Software - Intangible Assets - Accumulated Amortization & Impairment — — — — —
Intangible Assets - Other - Accumulated Amortization & Impairment — — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Gross — — — — —
Land & Buildings - Gross — — — — —
Land/Improvements - Gross — — — — —
Buildings - Gross — — — — —
Plant, Machinery & Equipment - Gross — — — — —
Transportation Equipment - Gross — — — — —
Construction in Progress - Gross — — — — —
Total Assets 133.4 115.5 99.8 107.8 87.5
Property, Plant & Equipment - Other - Gross — — — — —
Debt - Total 46.3 47.0 36.8 45.6 34.1
Short-Term Debt & Current Portion of Long-Term Debt 21.7 27.8 21.6 28.8 18.5
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 — — — — —
Current Portion of Long-Term Debt including Capitalized Leases 5.3 4.3 3.8 3.2 3.1
Plant, Machinery & Equipment - Accumulated Depreciation & Impairment — — — — —
Transportation Equipment - Accumulated Depreciation & Impairment — — — — —
Capitalized Leases - Current Portion — 0.0 0.0 0.0 —
Short-Term Debt & Notes Payable 16.3 23.5 17.7 25.6 15.4
Debt - Long-Term - Total 24.6 19.2 15.3 16.8 15.6
Property, Plant & Equipment - Other - Accumulated Depreciation & Impairment — — — — —
Current Portion of Long-Term Debt excluding Capitalized Leases — 4.3 3.8 3.2 —
Assets Held for Sale/Discontinued Operations - Long-Term — 0.0 — 0.0 0.1
Capitalized Lease Obligations - Long-Term 0.1 0.1 0.1 0.1 0.1
Long-Term Debt excluding Capitalized Leases 24.6 19.1 15.2 16.8 15.5
Other Non-Current Assets - Total 0.0 0.0 0.1 0.0 0.0
Debt - Non-Convertible - Long-Term 24.6 19.1 15.2 16.8 15.5
Dividends Payable 0.0 0.0 0.0 0.0 0.0
Deferred Tax & Investment Tax Credits - Long-Term — 9.5 9.2 6.7 4.4
Deferred Tax - Liability - Long-Term — 9.5 9.2 6.7 4.4
Payables & Accrued Expenses 8.7 9.0 6.4 8.3 7.4
Trade Account Payables - Total 8.7 9.0 6.4 8.3 7.4
Other Non-Current Assets 0.0 0.0 0.1 0.0 0.0
Accrued Expenses — — — — —
Total Liabilities 57.7 68.5 55.5 63.1 47.0
Shareholders' Equity - Attributable to Parent Shareholders - Total 75.7 46.9 44.3 44.6 40.5
Total Non-Current Assets 81.1 62.4 59.8 58.9 49.1
Common Equity Attributable to Parent Shareholders 75.7 46.9 44.3 44.6 40.5
Common Equity - Contributed 0.3 0.3 0.3 0.3 0.3
Common Stock - Issued & Paid 0.3 0.3 0.3 0.3 0.3
Equity - Non-Contributed - Reserves & Retained Earnings 75.4 46.6 44.0 44.3 40.2
Retained Earnings - Total 36.7 28.7 25.5 22.2 23.1
Trade Accounts Payable & Accruals - Short-Term 8.7 9.0 6.4 8.3 7.4
Comprehensive Income - Accumulated - Total 38.6 18.0 18.6 22.1 17.2
Trade Accounts & Trade Notes Payable - Short-Term 8.7 9.0 6.4 8.3 7.4
Investments - Unrealized Gain/Loss — — — — —
Accrued Expenses - Short-Term — — — — —
Other Reserves/Equity - Total — — — — —
Income Taxes - Payable - Short-Term — — — — —
Dividends/Distributions Payable 0.0 0.0 0.0 0.0 0.0
Other Current Liabilities - Total 2.1 2.4 2.4 2.1 0.8
Common Equity - Total 75.7 46.9 44.3 44.6 40.5
Deferred Income - Short-Term 1.4 1.3 0.4 0.8 0.2
Common Stock - Additional Paid in Capital including Option Reserve — — — — —
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 75.7 46.9 44.3 44.6 40.5
Total Liabilities & Equity 133.4 115.5 99.8 107.8 87.5
Provisions - Short-Term 0.0 0.2 0.6 0.0 —
Other Current Liabilities 0.7 0.9 1.3 1.3 0.6
Revaluation Reserves 38.6 18.0 18.6 22.1 17.2
Total Current Liabilities 32.6 39.2 30.4 39.2 26.6
Other Non-Current Liabilities - Total 0.6 0.6 0.6 0.4 0.3
Provisions - Long-Term 0.6 0.6 0.6 0.4 0.3
Post Employment Benefits - Pension & Other - Long-Term 0.6 0.6 0.6 0.4 0.3
Deferred Revenue - Long-Term — — — — 0.0
Other Non-Current Liabilities — — — — —
Total Non-Current Liabilities 25.2 29.3 25.1 24.0 20.4
Preferred Shareholders Equity — — — — —
Preferred Stock - Non-Redeemable — — — — —
Common Shares - Issued - Total mn 30.0 30.0 30.0 30.0 30.0
Common Shares - Outstanding - Total mn 30.0 30.0 30.0 30.0 30.0
Common Shares - Treasury - Total mn 0.0 0.0 0.0 0.0 0.0
Common Shares - Authorized - Issue Specific mn 1,700.0 1,700.0 1,700.0 1,700.0 —
Common Shares - Issued - Issue Specific mn 30.0 30.0 30.0 30.0 30.0
Common Shares - Outstanding - Issue Specific mn 30.0 30.0 30.0 30.0 30.0
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×
Finance and Operating Lease Liabilities - Total - Supplemental 0.1 0.1 0.1 0.1 0.1
Debt including Finance and Operating Lease Liabilities - Supplemental 46.3 47.0 36.8 45.6 34.1
Net Debt 43.4 45.3 35.8 44.9 33.5
Islamic Debt - Long-Term & Short-Term — — — — —
Debt - Long-Term - Maturities - Total — — — — —
Debt - Long-Term - Maturities - within 1 Year — — — — —
Debt - Long-Term - Maturities - Year 5 — — — — —
Debt - Long-Term - Maturities - Remaining — — — — —
Debt - Long-Term - Maturities - 4-5 Years — — — — —
Debt - Long-Term - Maturities - Year 6 & Beyond — — — — —
Preferred Shares - Issued - Issue Specific mn — — — — —
Preferred Shares - Outstanding - Issue Specific mn — — — — —
Preferred Shares - Treasury - Issue Specific mn — — — — —
Asset Accruals 131.6 114.3 99.1 107.2 87.2
Cash & Cash Equivalents - Total 1.8 1.1 0.7 0.5 0.4
Cash & Short Term Investments - Total 2.9 1.7 1.0 0.7 0.6
Debt - including Preferred Equity & Minority Interest - Total 46.3 47.0 36.8 45.6 34.1
Investments - Permanent 13.0 10.2 7.6 6.0 7.5
Net Book Capital 119.1 92.2 80.1 89.6 74.0
Net Operating Assets 119.1 92.2 80.1 89.6 74.0
Provisions - Total 0.6 10.3 10.4 7.2 4.8
Shareholders Equity - Common 75.7 46.9 44.3 44.6 40.5
Tangible Total Equity 75.7 46.9 44.3 44.6 40.5
Tangible Book Value 75.7 46.9 44.3 44.6 40.5
Total Book Capital 122.0 94.0 81.2 90.3 74.6
Total Capital 122.0 94.0 81.2 90.3 74.6
Total Long Term Capital 100.9 76.2 69.4 68.6 60.9
Unearned Revenue - Total 1.4 1.3 0.4 0.8 0.2
Book Value excluding Other Equity 75.7 46.9 44.3 44.6 40.5
Assets Held for Sale/Discontinued Operations - Long-Term & Short-Term — 0.0 — 0.0 0.1
Income Taxes - Payable - Long-Term & Short-Term — — — — —
Contract Liabilities - Short-Term - Advance Consideration & Progress Billings in Excess of Unbilled Revenue 1.4 1.3 0.4 0.8 0.2
Accruals - Short-Term 17.9 12.7 8.9 9.2 11.5
Cash & Short Term Investments - Net of Debt (43.4) (45.3) (35.8) (44.9) (33.5)
Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments 5.3 4.3 3.8 3.2 3.1
Total Fixed Assets - Net 81.1 62.4 59.8 58.9 49.1
Working Capital 19.7 13.8 9.6 9.7 11.8
Interest Bearing Liabilities - Total 46.3 47.0 36.8 45.6 34.1
Working Capital - Non-Cash 16.9 12.1 8.6 9.0 11.2
Working Capital excluding Other Current Assets & Liabilities 21.7 16.1 12.0 11.8 12.6
Net Debt Including Preferred Equity & Minority Interest 43.4 45.3 35.8 44.9 33.5
Other Short-Term & Long-Term Assets - Total 0.2 0.0 0.1 0.0 0.0
Other Short-Term & Long-Term Liabilities - Total 2.1 2.4 2.4 2.1 0.8
Total Current Assets excluding Total Inventories 20.3 17.0 14.2 16.2 10.8
Tangible Book Value excluding Other Equity 75.7 46.9 44.3 44.6 40.5
Total Debt Excluding Islamic 46.3 47.0 36.8 45.6 34.1
Trade Accounts & Trade Notes Receivable - Net - Total 15.2 12.3 12.1 11.4 7.3
Current Liabilities excluding Current Debt - Total 10.9 11.4 8.8 10.4 8.1
Cash in Hand & with Banks - Total 1.8 1.1 0.7 0.5 0.4
Current Assets excluding Cash & Short Term Investments - Total 49.4 51.3 38.9 48.2 37.8
Cash, Short Term Investments & Accounts Receivable - Total 18.1 14.0 13.1 12.1 7.9

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