Last close · 16 Oct 2026
Rs 1,029.07 +0.00%
Annual · FY2007 – FY2026
Ghandhara Industries Limited (GHNI) income statement
Ghandhara Industries Limited reported revenue of Rs 60.7 bn for FY2026 (Jul 2025 – Jun 2026), up 61.9% on FY2025. Gross profit came to Rs 14.0 bn, a gross margin of 23.1%. Operating profit was Rs 11.3 bn (an operating margin of 18.7%). Finance cost was Rs 6.4 mn, down 85.0% on FY2025. Tax of Rs 4.5 bn took 39.3% of pre-tax profit. Profit attributable to shareholders was Rs 6.9 bn, up 51.1% on FY2025, or Rs 162.57 per share.
| 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 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 60.7 | 37.5 | 14.7 | 14.5 | 24.3 | |||||||||||||||
| Cost of revenue | (46.6) | (28.4) | (11.8) | (12.2) | (21.3) | |||||||||||||||
| Gross profit | 14.0 | 9.1 | 2.9 | 2.3 | 3.0 | |||||||||||||||
| Selling, general & administrative expenses | (3.7) | (2.5) | (1.5) | (1.3) | (1.3) | |||||||||||||||
| Operating profit | 11.3 | 6.4 | 1.6 | 1.2 | 1.6 | |||||||||||||||
| Finance cost | (0.0) | (0.0) | (0.5) | (0.7) | (0.4) | |||||||||||||||
| Profit before tax | 11.4 | 6.5 | 1.1 | 0.4 | 1.1 | |||||||||||||||
| Taxation | (4.5) | (1.9) | (0.3) | (0.2) | (0.4) | |||||||||||||||
| Profit after tax | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 | |||||||||||||||
| Profit attributable to shareholders | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EPS – basic (Rs) Rs | 162.57 | 107.58 | 18.34 | 4.21 | 17.10 | |||||||||||||||
| EPS – diluted (Rs) Rs | 162.57 | 107.58 | 18.34 | 4.21 | 17.10 | |||||||||||||||
| Dividend per share (Rs) Rs | 12.00 | 10.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||
| EBITDA | 11.6 | 6.5 | 1.7 | 1.3 | 1.7 | |||||||||||||||
| Depreciation & amortisation | 0.3 | 0.2 | 0.1 | 0.1 | 0.2 | |||||||||||||||
| Weighted average shares mn | 42.6 | 42.6 | 42.6 | 42.6 | 42.6 | |||||||||||||||
| 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 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | +61.9% | +155.4% | +0.9% | -40.1% | +61.8% | |||||||||||||||
| Cost of revenue | +64.3% | +140.5% | -3.6% | -42.5% | +64.9% | |||||||||||||||
| Gross profit | +54.4% | +216.8% | +24.7% | -22.2% | +42.4% | |||||||||||||||
| Selling, general & administrative expenses | +46.0% | +73.4% | +12.7% | -1.8% | +42.3% | |||||||||||||||
| Operating profit | +78.2% | +304.5% | +33.9% | -25.2% | +32.2% | |||||||||||||||
| Finance cost | -85.0% | -91.2% | -34.1% | +94.9% | -9.9% | |||||||||||||||
| Profit before tax | +76.9% | +505.0% | +151.7% | -62.9% | +54.6% | |||||||||||||||
| Taxation | +139.9% | +555.5% | +16.7% | -40.7% | +208.0% | |||||||||||||||
| Profit after tax | +51.1% | +486.6% | +335.5% | -75.4% | +20.6% | |||||||||||||||
| Profit attributable to shareholders | +51.1% | +486.6% | +335.5% | -75.4% | +20.6% | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EPS – basic (Rs) | +51.1% | +486.6% | +335.5% | -75.4% | +20.6% | |||||||||||||||
| EPS – diluted (Rs) | +51.1% | +486.6% | +335.5% | -75.4% | +20.6% | |||||||||||||||
| Dividend per share (Rs) | +20.0% | — | — | — | — | |||||||||||||||
| EBITDA | +77.8% | +283.9% | +30.0% | -24.4% | +23.4% | |||||||||||||||
| Depreciation & amortisation | +64.1% | +23.3% | -4.4% | -16.2% | -26.3% | |||||||||||||||
| 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 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 100.0% | 100.0% | 100.0% | 100.0% | 100.0% | |||||||||||||||
| Cost of revenue | (76.9%) | (75.7%) | (80.4%) | (84.2%) | (87.8%) | |||||||||||||||
| Gross profit | 23.1% | 24.3% | 19.6% | 15.8% | 12.2% | |||||||||||||||
| Selling, general & administrative expenses | (6.1%) | (6.8%) | (9.9%) | (8.9%) | (5.4%) | |||||||||||||||
| Operating profit | 18.7% | 17.0% | 10.7% | 8.1% | 6.5% | |||||||||||||||
| Finance cost | (0.0%) | (0.1%) | (3.3%) | (5.1%) | (1.6%) | |||||||||||||||
| Profit before tax | 18.8% | 17.2% | 7.3% | 2.9% | 4.7% | |||||||||||||||
| Taxation | (7.4%) | (5.0%) | (1.9%) | (1.7%) | (1.7%) | |||||||||||||||
| Profit after tax | 11.4% | 12.2% | 5.3% | 1.2% | 3.0% | |||||||||||||||
| Profit attributable to shareholders | 11.4% | 12.2% | 5.3% | 1.2% | 3.0% | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EBITDA | 19.1% | 17.4% | 11.6% | 9.0% | 7.1% | |||||||||||||||
| Depreciation & amortisation | 0.4% | 0.4% | 0.8% | 0.9% | 0.6% | |||||||||||||||
Each line as a percentage of revenue.
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 145
| 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 |
|---|---|---|---|---|---|
| Revenue from Goods & Services | 60.7 | 37.5 | 14.7 | 14.5 | 24.3 |
| Sales of Goods & Services - Net - Unclassified | 60.7 | 37.5 | 14.7 | 14.5 | 24.3 |
| Revenue Taxes | — | — | — | — | — |
| Gross Revenue from Business Activities - Total | — | — | — | — | — |
| Revenue from Business Activities - Total | 60.7 | 37.5 | 14.7 | 14.5 | 24.3 |
| Cost of Operating Revenue | 46.6 | 28.4 | 11.8 | 12.2 | 21.3 |
| Cost of Revenues - Total | 46.6 | 28.4 | 11.8 | 12.2 | 21.3 |
| Cost of Revenues - Unclassified | 1.0 | 28.3 | 11.7 | — | — |
| Selling, General & Administrative Expenses - Total | 3.7 | 2.5 | 1.5 | 1.3 | 1.3 |
| Production Taxes & Royalty Expenses | 0.3 | — | — | — | — |
| Selling, General & Administrative Expenses - Unclassified | 1.8 | 2.5 | 1.4 | 1.2 | 1.2 |
| Amortization in Cost of Revenues | — | — | — | — | — |
| Depreciation in Cost of Revenues | 0.2 | 0.1 | 0.1 | 0.1 | 0.1 |
| Depreciation in Selling, General & Administrative Expenses | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Labor & Related Expenses including Stock-Based Compensation in Cost of Revenues | 0.8 | — | — | — | — |
| Amortization of Intangibles in Selling, General & Administrative Expenses | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Material Expenses | 44.3 | — | — | 0.0 | 0.0 |
| Material Expenses - Materials, Inventory, Own Work & Utility - Unclassified | 44.3 | — | — | — | — |
| Other Operating Expense/(Income) - Net | (1.0) | 0.2 | (0.2) | (0.2) | 0.1 |
| Changes in Inventory | — | — | — | — | — |
| Other Operating Income - Total | 1.0 | 0.3 | 0.2 | 0.3 | 0.2 |
| Materials Purchased | 0.0 | — | — | — | — |
| Ground leases/Rental Expenses in Cost of Revenues | 0.0 | — | — | 0.0 | 0.0 |
| Cost of Revenues - Other - Total | 0.0 | — | — | 12.2 | 21.2 |
| Gross Profit - Industrials/Property - Total | 14.0 | 9.1 | 2.9 | 2.3 | 3.0 |
| Operating Expenses - Total | 49.3 | 31.1 | 13.1 | 13.4 | 22.7 |
| Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses | 1.6 | — | — | — | — |
| Research & Development Expense | 0.0 | — | — | 0.0 | 0.0 |
| Selling, General & Administrative Expenses - Other - Total | 0.2 | — | — | 0.0 | 0.0 |
| Advertising Expense | 0.1 | — | — | — | — |
| Operations & Maintenance (Utility) | 0.0 | — | — | — | — |
| Operating Profit before Non-Recurring Income/(Expense) | 11.3 | 6.4 | 1.6 | 1.2 | 1.6 |
| Financing Income/(Expense) - Net - Total | (0.0) | 0.1 | (0.5) | (0.7) | (0.4) |
| Interest Expense - Net of (Interest Income) | 0.0 | 0.0 | 0.5 | 0.7 | 0.4 |
| Other Operating Expense | 0.0 | 0.5 | 0.0 | 0.1 | 0.3 |
| Occupancy Expense - Other | 0.1 | — | — | 0.0 | 0.0 |
| Interest Expense - Net of Capitalized Interest | 0.0 | 0.0 | 0.5 | 0.7 | 0.4 |
| Provision for Doubtful Accounts & Write-off | 0.0 | — | — | — | — |
| Non-Interest Financial Income/(Expense) - Total | (0.0) | 0.1 | (0.0) | (0.0) | (0.0) |
| Non-Interest Financial Income/(Expense) - Other - Net | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Non-Operating Income/(Expense) - Total | (0.1) | (0.0) | (0.0) | (0.0) | (0.1) |
| Non-Operating Rental Income | — | — | — | 0.0 | 0.0 |
| Foreign Exchange Gain/(Loss) - Non-Business | (0.0) | — | — | — | — |
| Normalized Pre-tax Profit | 11.4 | 6.4 | 1.1 | 0.4 | 1.1 |
| Non-Recurring Income/Expense - Total | 0.0 | 0.0 | — | — | — |
| Interest Income - Non-Bank | — | — | — | — | — |
| Dividend & Investment Income | — | — | — | — | — |
| Sale of Investments Held for Sale, Maturity & Trading - Gain/(Loss) | — | 0.1 | — | — | — |
| Fair Value Adjustments - Financial Investments | 0.0 | 0.0 | — | — | — |
| Provision for Income Tax Expense- Unclassified | — | 1.9 | 0.3 | 0.2 | 0.4 |
| Income before Taxes | 11.4 | 6.5 | 1.1 | 0.4 | 1.1 |
| Income Taxes | 4.5 | 1.9 | 0.3 | 0.2 | 0.4 |
| Income Taxes for the Year - Current | 4.5 | — | — | — | — |
| Income Taxes - Deferred | (0.0) | — | — | — | — |
| Income Taxes - Other (by Type) | — | — | — | — | — |
| Net Income after Tax | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 |
| Income before Discontinued Operations & Extraordinary Items | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 |
| Net Income before Minority Interest | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 |
| Minority Interest | — | — | — | — | — |
| Net Income after Minority Interest | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 |
| Income Available to Common Shares | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 |
| Other Comprehensive Income - Starting Line | 6.9 | — | — | — | — |
| Other Comprehensive Income - Revaluation of Tangible & Intangible Assets | 2.6 | — | — | — | — |
| Other Comprehensive Income - Pension Related | (0.3) | — | — | — | — |
| Other Comprehensive Income - Income Tax | 0.0 | — | — | — | — |
| Other Comprehensive Income - Net of Tax - Total | 2.3 | — | — | — | — |
| Comprehensive Income before Minority Interest - Total | 9.2 | — | — | — | — |
| Comprehensive Income - Attributable to Parent Company Equity Holders - Total | 9.2 | — | — | — | — |
| DPS - Common - Gross - Issue - By Period End Date Rs | 12.00 | 10.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 |
| Income available to Common excluding Extraordinary Items | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 |
| Shares used to calculate Basic EPS - Total mn | 42.6 | 42.6 | 42.6 | 42.6 | 42.6 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 162.57 | 107.58 | 18.34 | 4.21 | 17.10 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 162.57 | 107.58 | 18.34 | 4.21 | 17.10 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | 162.14 | 106.95 | 18.34 | 4.21 | 17.10 |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 |
| Earnings Allocation Factor - Basic - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Basic EPS - Issue Specific mn | 42.6 | 42.6 | 42.6 | 42.6 | 42.6 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 162.57 | 107.58 | 18.34 | 4.21 | 17.10 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 162.57 | 107.58 | 18.34 | 4.21 | 17.10 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | 162.14 | 106.95 | 18.34 | 4.21 | 17.10 |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Comprehensive Earnings Per Share - Basic - Issue Specific Rs | 216.61 | — | — | — | — |
| Dilution Adjustment | — | — | — | — | — |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 |
| Diluted Income available to Common excluding Extraordinary Items | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 |
| Shares used to calculate Diluted EPS - Total mn | 42.6 | 42.6 | 42.6 | 42.6 | 42.6 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 162.57 | 107.58 | 18.34 | 4.21 | 17.10 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 162.57 | 107.58 | 18.34 | 4.21 | 17.10 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | 162.14 | 106.95 | 18.34 | 4.21 | 17.10 |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 |
| Earnings Allocation Factor - Diluted - Issue Specific | 1.00× | 1.00× | 1.00× | 1.00× | 1.00× |
| Shares used to calculate Diluted EPS - Issue Specific mn | 42.6 | 42.6 | 42.6 | 42.6 | 42.6 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 162.57 | 107.58 | 18.34 | 4.21 | 17.10 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 162.57 | 107.58 | 18.34 | 4.21 | 17.10 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | 162.14 | 106.95 | 18.34 | 4.21 | 17.10 |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Comprehensive Earnings Per Share - Diluted - Issue Specific Rs | 216.61 | — | — | — | — |
| DPS - Common - Gross - Issue - By Announcement Date Rs | 10.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 9.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | 11.3 | 6.4 | 1.6 | 1.2 | 1.6 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 11.6 | 6.5 | 1.7 | 1.3 | 1.7 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments | 11.6 | — | — | 1.3 | 1.7 |
| Depreciation - Investment Property - Supplemental | — | — | — | 0.0 | 0.0 |
| Depreciation & Amortization - Supplemental | 0.3 | 0.2 | 0.1 | 0.1 | 0.2 |
| Depreciation Expense - Total - Supplemental | 0.3 | 0.2 | 0.1 | 0.1 | 0.2 |
| Depreciation - Financial Lease Right-of-Use Assets - Supplemental | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Amortization - Total - Supplemental | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Intangible Amortization - Other - Supplemental | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Amortization of Computer Software - Supplemental | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Depreciation, Depletion & Amortization - Total | 0.3 | 0.2 | 0.1 | 0.1 | 0.2 |
| Depreciation - Total | 0.3 | 0.2 | 0.1 | 0.1 | 0.2 |
| Amortization of Intangible Assets excluding Goodwill - Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Labor & Related Expenses - Total | 2.4 | — | — | — | — |
| Labor & Related Expenses - Supplemental | 2.4 | — | — | — | — |
| Research & Development Expense - Expensed & Capitalized - Total - Supplemental | 0.0 | — | — | 0.0 | 0.0 |
| Research & Development Expense - Supplemental | 0.0 | — | — | 0.0 | 0.0 |
| Auditor Fees | 0.0 | — | — | — | — |
| Audit-Related Fees | 0.0 | — | — | — | — |
| Fees - Other | 0.0 | — | — | — | — |
| Normalized after Tax Profit | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 |
| Normalized Net Income from Continuing Operations | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 |
| Normalized Net Income - Bottom Line | 6.9 | 4.6 | 0.8 | 0.2 | 0.7 |
| Earnings before Interest & Taxes (EBIT) - Normalized | 11.4 | 6.5 | 1.6 | 1.2 | 1.5 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | 11.7 | 6.6 | 1.7 | 1.3 | 1.7 |
| Depreciation of Financial Lease Right-of-Use Assets | — | — | — | 0.0 | — |
| Interest Expense on Financial Lease Liabilities - Supplemental | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Rental/Operating Lease Expense | 0.0 | — | — | 0.0 | 0.0 |
| Advertising Expenses - Supplemental | 0.1 | — | — | — | — |
| Interest Expense | 0.0 | 0.0 | 0.5 | 0.7 | 0.4 |
| Operating Expenses | 49.3 | 31.1 | 13.1 | 13.4 | 22.7 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 3.7 | 2.5 | 1.5 | 1.3 | 1.3 |
| Income before Taxes & Provision for Loan Losses | 11.4 | 6.5 | 1.1 | 0.4 | 1.1 |
| Cost of Revenue including Operation & Maintenance (Utility) - Total | 46.6 | 28.4 | 11.8 | 12.2 | 21.3 |
| Cost of Revenues excluding Depreciation | 46.5 | 28.3 | 11.7 | 12.2 | 21.2 |
| Generation Cost | 46.6 | — | — | — | — |
| DPS - Common - Gross - Issue - By Payable Date Rs | 10.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 10.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | 6.9 | 4.6 | 1.1 | 0.5 | 1.0 |
| Operating Expenses excluding Non-Cash Charges - Total | 49.1 | 30.9 | 13.0 | 13.2 | 22.5 |
| Income Available to Common Shares before Depreciation & Amortization | 7.2 | 4.7 | 0.9 | 0.3 | 0.9 |
| Fixed Charges | 0.0 | 0.0 | 0.5 | 0.7 | 0.4 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 10.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.