Last close · 14 Oct 2026
Rs 43.33 0.00%
Annual · FY2024 – FY2026
The Pakistan Credit Rating Agency Ltd (GEMPACRA) income statement
The Pakistan Credit Rating Agency Ltd reported revenue of Rs 538.1 mn for FY2026 (Jul 2025 – Jun 2026), up 10.4% on FY2025. Gross profit came to Rs 538.1 mn, a gross margin of 100.0%. Operating profit was Rs 204.0 mn (an operating margin of 37.9%). Finance cost was Rs 2.2 mn, up 418.1% on FY2025. Tax of Rs 60.8 mn took 31.3% of pre-tax profit. Profit attributable to shareholders was Rs 133.1 mn, up 18.0% on FY2025, or Rs 1.79 per share.
| Rs mn | FY2026 Jul 2025 – Jun 2026 | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 |
|---|---|---|---|
| Revenue | 538.1 | 487.4 | 440.9 |
| Gross profit | 538.1 | 487.4 | 440.9 |
| Selling, general & administrative expenses | (314.7) | (301.8) | (278.1) |
| Operating profit | 204.0 | 164.5 | 149.8 |
| Finance cost | (2.2) | (0.4) | (2.2) |
| Profit before tax | 193.9 | 165.3 | 153.5 |
| Taxation | (60.8) | (52.5) | (49.7) |
| Profit after tax | 133.1 | 112.8 | 103.8 |
| Profit attributable to shareholders | 133.1 | 112.8 | 103.8 |
| Per share & other | |||
| EPS – basic (Rs) Rs | 1.79 | 1.51 | 1.39 |
| EPS – diluted (Rs) Rs | 1.79 | 1.51 | 1.39 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 |
| EBITDA | 221.2 | 181.0 | 163.8 |
| Depreciation & amortisation | 17.2 | 16.5 | 13.9 |
| Weighted average shares mn | 74.5 | 74.5 | 74.5 |
| Rs mn | FY2026 Jul 2025 – Jun 2026 | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 |
|---|---|---|---|
| Revenue | +10.4% | +10.5% | — |
| Gross profit | +10.4% | +10.5% | — |
| Selling, general & administrative expenses | +4.3% | +8.5% | — |
| Operating profit | +24.0% | +9.8% | — |
| Finance cost | +418.1% | -80.8% | — |
| Profit before tax | +17.3% | +7.7% | — |
| Taxation | +15.8% | +5.5% | — |
| Profit after tax | +18.0% | +8.7% | — |
| Profit attributable to shareholders | +18.0% | +8.7% | — |
| Per share & other | |||
| EPS – basic (Rs) | +18.0% | +8.7% | — |
| EPS – diluted (Rs) | +18.0% | +8.8% | — |
| Dividend per share (Rs) | — | — | — |
| EBITDA | +22.2% | +10.5% | — |
| Depreciation & amortisation | +4.0% | +18.6% | — |
| Weighted average shares | — | — | — |
Change against the previous fiscal year; shown when the earlier figure is positive.
| Rs mn | FY2026 Jul 2025 – Jun 2026 | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 |
|---|---|---|---|
| Revenue | 100.0% | 100.0% | 100.0% |
| Gross profit | 100.0% | 100.0% | 100.0% |
| Selling, general & administrative expenses | (58.5%) | (61.9%) | (63.1%) |
| Operating profit | 37.9% | 33.7% | 34.0% |
| Finance cost | (0.4%) | (0.1%) | (0.5%) |
| Profit before tax | 36.0% | 33.9% | 34.8% |
| Taxation | (11.3%) | (10.8%) | (11.3%) |
| Profit after tax | 24.7% | 23.1% | 23.5% |
| Profit attributable to shareholders | 24.7% | 23.1% | 23.5% |
| Per share & other | |||
| EBITDA | 41.1% | 37.1% | 37.1% |
| Depreciation & amortisation | 3.2% | 3.4% | 3.2% |
Each line as a percentage of revenue.
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 101
| Rs mn | FY2026 Jul 2025 – Jun 2026 | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 |
|---|---|---|---|
| Revenue from Goods & Services | 538.1 | 487.4 | 440.9 |
| Sales of Goods & Services - Net - Unclassified | 538.1 | 487.4 | 440.9 |
| Revenue from Business Activities - Total | 538.1 | 487.4 | 440.9 |
| Selling, General & Administrative Expenses - Total | 314.7 | 301.8 | 278.1 |
| Selling, General & Administrative Expenses - Unclassified | 37.6 | 35.1 | 35.3 |
| Depreciation in Selling, General & Administrative Expenses | 15.9 | 14.1 | 12.0 |
| Amortization of Intangibles in Selling, General & Administrative Expenses | 1.3 | 2.5 | 1.9 |
| Other Operating Expense/(Income) - Net | 19.4 | 21.1 | 13.0 |
| Gross Profit - Industrials/Property - Total | 538.1 | 487.4 | 440.9 |
| Operating Expenses - Total | 334.1 | 322.9 | 291.1 |
| Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses | 259.9 | 250.1 | 222.3 |
| Selling, General & Administrative Expenses - Other - Total | — | — | 4.7 |
| Operations & Maintenance (Utility) | — | — | 1.8 |
| Rental Expense | — | — | 2.7 |
| Operating Profit before Non-Recurring Income/(Expense) | 204.0 | 164.5 | 149.8 |
| Financing Income/(Expense) - Net - Total | 11.0 | 11.2 | 13.4 |
| Interest Expense - Net of (Interest Income) | (3.5) | (9.4) | (6.6) |
| Other Operating Expense | 19.4 | 21.1 | 13.0 |
| Interest Expense - Net of Capitalized Interest | 2.2 | 0.4 | 2.2 |
| Provision for Doubtful Accounts & Write-off | — | — | 0.6 |
| Non-Interest Financial Income/(Expense) - Total | 7.5 | 1.8 | 6.7 |
| Non-Interest Financial Income/(Expense) - Other - Net | (0.1) | (0.1) | (0.1) |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | (0.1) | (0.0) | 0.0 |
| Equity Earnings/(Loss) - before Taxes including Non-Recurring | 10.4 | (5.4) | (12.2) |
| Other Non-Operating Income/(Expense) - Total | (31.4) | (5.0) | 2.3 |
| Normalized Pre-tax Profit | 193.9 | 165.3 | 153.4 |
| Interest Income - Non-Bank | 5.7 | 9.9 | 8.8 |
| Sale of Investments Held for Sale, Maturity & Trading - Gain/(Loss) | 7.6 | 1.8 | 6.8 |
| Provision for Income Tax Expense- Unclassified | 60.8 | 52.5 | 49.7 |
| Income before Taxes | 193.9 | 165.3 | 153.5 |
| Income Taxes | 60.8 | 52.5 | 49.7 |
| Net Income after Tax | 133.1 | 112.8 | 103.8 |
| Income before Discontinued Operations & Extraordinary Items | 133.1 | 112.8 | 103.8 |
| Net Income before Minority Interest | 133.1 | 112.8 | 103.8 |
| Net Income after Minority Interest | 133.1 | 112.8 | 103.8 |
| Income Available to Common Shares | 133.1 | 112.8 | 103.8 |
| DPS - Common - Gross - Issue - By Period End Date Rs | 0.00 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 133.1 | 112.8 | 103.8 |
| Income available to Common excluding Extraordinary Items | 133.1 | 112.8 | 103.8 |
| Shares used to calculate Basic EPS - Total mn | 74.5 | 74.5 | 74.5 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 1.79 | 1.51 | 1.39 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 1.79 | 1.51 | 1.39 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | 1.79 | 1.51 | 1.39 |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 133.1 | 112.8 | 103.7 |
| Earnings Allocation Factor - Basic - Issue Specific | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Basic EPS - Issue Specific mn | 74.5 | 74.5 | 74.5 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 1.79 | 1.51 | 1.39 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 1.79 | 1.51 | 1.39 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | 1.79 | 1.51 | 1.39 |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | 133.1 | 112.8 | 103.8 |
| Diluted Income available to Common excluding Extraordinary Items | 133.1 | 112.8 | 103.8 |
| Shares used to calculate Diluted EPS - Total mn | 74.5 | 74.5 | 74.5 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 1.79 | 1.51 | 1.39 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 1.79 | 1.51 | 1.39 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | 1.79 | 1.51 | 1.39 |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 133.1 | 112.8 | 103.7 |
| Earnings Allocation Factor - Diluted - Issue Specific | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Diluted EPS - Issue Specific mn | 74.5 | 74.5 | 74.5 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 1.79 | 1.51 | 1.39 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 1.79 | 1.51 | 1.39 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | 1.79 | 1.51 | 1.39 |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | (0.00) |
| DPS - Common - Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | 204.0 | 164.5 | 149.8 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 221.2 | 181.0 | 163.8 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments | — | — | 166.5 |
| Depreciation & Amortization - Supplemental | 17.2 | 16.5 | 13.9 |
| Depreciation Expense - Total - Supplemental | 15.9 | 14.1 | 12.0 |
| Depreciation - Financial Lease Right-of-Use Assets - Supplemental | 8.7 | 6.3 | 4.4 |
| Amortization - Total - Supplemental | 1.3 | 2.5 | 1.9 |
| Intangible Amortization - Other - Supplemental | 1.3 | 2.5 | 1.9 |
| Amortization of Licenses, Copyrights, Property Rights & Designs - Supplemental | 1.2 | 1.9 | 1.9 |
| Amortization of Computer Software - Supplemental | 0.1 | 0.6 | 0.1 |
| Depreciation, Depletion & Amortization - Total | 17.2 | 16.5 | 13.9 |
| Depreciation - Total | 15.9 | 14.1 | 12.0 |
| Amortization of Intangible Assets excluding Goodwill - Total | 1.3 | 2.5 | 1.9 |
| Labor & Related Expenses - Total | 259.9 | 250.1 | 222.3 |
| Labor & Related Expenses - Supplemental | 259.9 | 250.1 | 222.3 |
| Normalized after Tax Profit | 133.1 | 112.8 | 103.8 |
| Normalized Net Income from Continuing Operations | 133.1 | 112.8 | 103.8 |
| Normalized Net Income - Bottom Line | 133.1 | 112.8 | 103.8 |
| Earnings before Interest & Taxes (EBIT) - Normalized | 190.4 | 155.8 | 146.7 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | 207.6 | 172.4 | 160.7 |
| Interest Expense on Financial Lease Liabilities - Supplemental | 2.2 | 0.4 | 2.2 |
| Rental/Operating Lease Expense | — | — | 2.7 |
| Interest Expense | 2.2 | 0.4 | 2.2 |
| Operating Expenses | 334.1 | 322.9 | 291.1 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 314.7 | 301.8 | 278.1 |
| Income before Taxes & Provision for Loan Losses | 193.9 | 165.3 | 153.5 |
| Cost of Revenue including Operation & Maintenance (Utility) - Total | — | — | 1.8 |
| Generation Cost | — | — | 1.8 |
| DPS - Common - Gross - Issue - By Payable Date Rs | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 0.00 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | 134.6 | 113.1 | 105.3 |
| Operating Expenses excluding Non-Cash Charges - Total | 316.9 | 306.4 | 277.1 |
| Income Available to Common Shares before Depreciation & Amortization | 150.3 | 129.3 | 117.7 |
| Fixed Charges | 2.2 | 0.4 | 2.2 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 3 periods; the table above goes back further.