HALEON Haleon Pakistan Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 684.36 +0.88%
Financials
Haleon Pakistan Limited (HALEON) financials
10 years of annual results (FY2016 – FY2025), 42 quarters.
Haleon Pakistan Limited (HALEON) reported revenue of Rs 43.1 bn for FY2025 (Jan – Dec 2025), up 15.9% from FY2024.
Profit attributable to shareholders was Rs 6.4 bn (EPS Rs 54.45), up 39.2%, a net margin of 14.8%.
It declared a dividend of Rs 30.00 per share for FY2025.
The balance sheet showed net cash of Rs 7.4 bn.
Return on equity was 47.6%.
Over the last five years revenue grew at a compound 16.8% a year.
At Rs 684.36 (close on 16 Oct 2026) the shares trade at 12.1× earnings (TTM to Jun 2026) and 4.93× book value, with a dividend yield of 4.4%.
Fundamentals
HALEON at a glance
Revenue · FY2025
Rs 43.1 bn
▲ 15.9% year on year
Profit attributable to shareholders · FY2025
Rs 6.4 bn
▲ 39.2% year on year
EPS – basic (Rs) · FY2025
Rs 54.45
▲ 39.2% year on year
Dividend per share (Rs) · FY2025
Rs 30.00
▲ 50.0% year on year
Net margin · FY2025
14.8%
+2.5 pts year on year
Debt to equity · FY2025
1.7%
-0.4 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 43.1 bn
- Profit attributable · FY2025
- Rs 6.4 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 27.2 bn
- Equity · FY2025
- Rs 14.8 bn
Financial highlights
HALEON financial results
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 * Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 * Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 43.1 | 37.2 | 31.6 | 27.5 | 24.2 | 19.8 | 16.3 | 14.9 | 8.3 | 5.4 |
| Gross profit | 16.9 | 12.8 | 6.4 | 4.8 | 6.7 | 5.3 | 5.0 | 4.4 | 3.1 | 1.5 |
| Operating profit | 10.0 | 6.7 | 1.7 | 1.0 | 2.9 | 1.8 | 1.9 | 1.6 | 1.1 | 0.8 |
| Profit after tax | 6.4 | 4.6 | 1.0 | 0.3 | 2.1 | 1.3 | 1.3 | 1.1 | 0.7 | 0.5 |
| Profit attributable to shareholders | 6.4 | 4.6 | 1.0 | 0.3 | 2.1 | 1.3 | 1.3 | 1.1 | 0.7 | 0.5 |
| EPS – basic (Rs) Rs | 54.45 | 39.11 | 8.51 | 2.78 | 18.23 | 10.78 | 10.74 | 9.18 | 7.40 | 7.60 |
| Dividend per share (Rs) Rs | 30.00 | 20.00 | 0.00 | 0.00 | 0.00 | 5.00 | 5.00 | 5.00 | 5.00 | 0.00 |
| Total assets | 27.2 | 21.8 | 18.2 | 15.1 | 13.9 | 11.0 | 9.0 | 8.0 | 4.0 | 2.9 |
| Total equity | 14.8 | 12.0 | 8.0 | 7.0 | 6.7 | 5.2 | 4.5 | 3.8 | 2.3 | 1.6 |
| Total debt | 0.3 | 0.2 | 0.2 | 0.2 | 0.0 | 0.0 | 0.8 | 1.6 | — | — |
| Net cash from operating activities | 6.3 | 7.7 | 2.6 | 1.2 | 1.8 | 2.9 | 1.4 | (0.3) | 0.6 | 1.0 |
| Capital expenditure | (2.0) | (3.2) | (1.8) | (0.5) | (0.5) | (0.9) | (0.5) | (0.3) | (0.0) | (0.1) |
| Free cash flow (operating cash flow − capex) | 4.3 | 4.5 | 0.8 | 0.7 | 1.2 | 2.1 | 0.8 | (0.7) | 0.6 | 0.9 |
| Rs bn | TTM to Jun 2026 | Q2 FY2026 Apr – Jun 2026 | Q1 FY2026 Jan – Mar 2026 | Q4 FY2025 Oct – Dec 2025 | Q3 FY2025 Jul – Sep 2025 | Q2 FY2025 Apr – Jun 2025 | Q1 FY2025 Jan – Mar 2025 | Q4 FY2024 Oct – Dec 2024 | Q3 FY2024 Jul – Sep 2024 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 41.1 | 10.1 | 9.6 | 10.9 | 10.6 | 11.6 | 10.0 | 9.7 | 9.8 |
| Gross profit | 17.5 | 5.0 | 3.8 | 4.5 | 4.3 | 4.7 | 3.4 | 3.6 | 3.7 |
| Operating profit | 10.7 | 2.5 | 2.4 | 3.1 | 2.7 | 2.8 | 2.2 | 2.1 | 2.3 |
| Profit after tax | 6.6 | 1.7 | 1.5 | 1.8 | 1.6 | 1.6 | 1.3 | 1.4 | 1.3 |
| Profit attributable to shareholders | 6.6 | 1.7 | 1.5 | 1.8 | 1.6 | 1.6 | 1.3 | 1.4 | 1.3 |
| EPS – basic (Rs) Rs | 56.41 | 14.32 | 13.03 | 15.27 | 13.80 | 13.87 | 11.51 | 11.75 | 11.36 |
| Dividend per share (Rs) Rs | 30.00 | 10.00 | 0.00 | 15.00 | 5.00 | 10.00 | 0.00 | 15.00 | 5.00 |
| Total assets | 30.5 | 30.5 | 29.9 | 27.2 | 25.2 | 25.4 | 24.8 | 21.8 | 23.9 |
| Total equity | 16.2 | 16.2 | 14.6 | 14.8 | 13.6 | 13.2 | 11.6 | 12.0 | 11.2 |
| Total debt | 0.2 | 0.2 | 0.3 | 0.3 | 0.3 | 0.3 | 0.3 | 0.2 | 0.2 |
| Net cash from operating activities | 3.9 | (0.0) | 0.3 | 3.3 | 0.3 | 1.0 | 1.7 | 2.3 | 1.8 |
| Capital expenditure | (2.3) | (0.3) | (0.4) | (1.1) | (0.4) | (0.4) | (0.1) | (1.5) | (0.6) |
| Free cash flow (operating cash flow − capex) | 1.6 | (0.4) | (0.1) | 2.2 | (0.1) | 0.6 | 1.6 | 0.7 | 1.3 |
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets. Free cash flow and book value per share are calculated by Smart Money; TTM = the latest four quarters. Updated 16 Oct 2026.