Last close · 16 Oct 2026
Rs 130.00 -0.01%
Financials
Ittehad Chemicals Limted (ICL) financials
20 years of annual results (FY2007 – FY2026), 80 quarters.
Ittehad Chemicals Limted (ICL) reported revenue of Rs 34.3 bn for FY2026 (Jul 2025 – Jun 2026), up 23.2% from FY2025.
Profit attributable to shareholders was Rs 1.6 bn (EPS Rs 15.58), up 20.8%, a net margin of 4.5%.
It declared a dividend of Rs 4.00 per share for FY2026 and has paid a dividend in each of the last 7 years.
Net debt stood at Rs 4.8 bn.
Return on equity was 14.2%.
Over the last five years revenue grew at a compound 25.3% a year.
At Rs 130.00 (close on 16 Oct 2026) the shares trade at 8.3× earnings (FY2026) and 1.12× book value, with a dividend yield of 3.1%.
Fundamentals
ICL at a glance
Revenue · FY2026
Rs 34.3 bn
▲ 23.2% year on year
Profit attributable to shareholders · FY2026
Rs 1.6 bn
▲ 20.8% year on year
EPS – basic (Rs) · FY2026
Rs 15.58
▲ 20.8% year on year
Dividend per share (Rs) · FY2026
Rs 4.00
▲ 0.0% year on year
Net margin · FY2026
4.5%
-0.1 pts year on year
Debt to equity · FY2026
44.7%
-8.5 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 34.3 bn
- Profit attributable · FY2026
- Rs 1.6 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 23.1 bn
- Equity · FY2026
- Rs 11.6 bn
Financial highlights
ICL financial results
| 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 | FY2021 Jul 2020 – Jun 2021 | FY2020 Jul 2019 – Jun 2020 | FY2019 Jul 2018 – Jun 2019 | FY2018 Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 34.3 | 27.9 | 24.3 | 24.3 | 15.7 | 11.1 | 8.9 | 6.6 | 5.7 | 5.0 |
| Gross profit | 5.3 | 5.0 | 4.8 | 5.0 | 2.1 | 1.9 | 1.2 | 1.4 | 1.0 | 0.8 |
| Operating profit | 3.0 | 2.8 | 2.9 | 3.1 | 1.0 | 1.0 | 0.4 | 0.8 | 0.5 | 0.4 |
| Profit after tax | 1.6 | 1.3 | 1.4 | 1.8 | 0.4 | 0.7 | 0.1 | 0.4 | 0.4 | 0.2 |
| Profit attributable to shareholders | 1.6 | 1.3 | 1.4 | 1.8 | 0.4 | 0.7 | 0.1 | 0.4 | 0.4 | 0.2 |
| EPS – basic (Rs) Rs | 15.58 | 12.90 | 13.85 | 18.26 | 4.14 | 6.57 | 0.61 | 4.05 | 4.16 | 2.59 |
| Dividend per share (Rs) Rs | 4.00 | 4.00 | 3.50 | 4.25 | 1.00 | 1.69 | 0.85 | 0.00 | 0.85 | 1.00 |
| Total assets | 23.1 | 20.1 | 17.3 | 14.7 | 12.9 | 10.5 | 9.1 | 9.5 | 7.7 | 6.6 |
| Total equity | 11.6 | 10.2 | 9.3 | 6.7 | 5.2 | 4.9 | 4.1 | 4.0 | 3.7 | 3.2 |
| Total debt | 5.2 | 5.4 | 3.5 | 3.2 | 3.7 | 3.0 | 3.0 | 3.4 | 2.6 | 2.1 |
| Net cash from operating activities | 1.0 | 1.0 | (0.1) | 2.9 | 0.2 | 0.8 | 0.6 | 0.6 | 1.0 | 0.7 |
| Capital expenditure | (4.7) | (2.4) | (0.8) | (1.1) | (1.1) | (0.6) | (0.1) | (1.3) | (1.3) | (0.7) |
| Free cash flow (operating cash flow − capex) | (3.7) | (1.4) | (0.9) | 1.7 | (0.8) | 0.2 | 0.4 | (0.7) | (0.4) | 0.1 |
| Rs bn | TTM to Jun 2026 | 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 |
|---|---|---|---|---|---|---|---|---|---|
| Revenue | 34.3 | 10.2 | 8.3 | 8.0 | 7.9 | 7.5 | 7.2 | 6.5 | 6.6 |
| Gross profit | 5.3 | 1.7 | 1.1 | 1.4 | 1.2 | 1.3 | 1.3 | 1.3 | 1.2 |
| Operating profit | 3.1 | 1.0 | 0.6 | 0.8 | 0.7 | 0.8 | 0.6 | 0.8 | 0.7 |
| Profit after tax | 1.6 | 0.6 | 0.3 | 0.4 | 0.3 | 0.4 | 0.3 | 0.4 | 0.3 |
| Profit attributable to shareholders | 1.6 | 0.6 | 0.3 | 0.4 | 0.3 | 0.4 | 0.3 | 0.4 | 0.3 |
| EPS – basic (Rs) Rs | 15.58 | 5.55 | 2.77 | 3.87 | 3.39 | 3.70 | 3.05 | 3.52 | 2.62 |
| Dividend per share (Rs) Rs | 4.00 | 3.00 | 0.00 | 1.00 | 0.00 | 2.00 | 0.00 | 2.00 | 0.00 |
| Total assets | 23.1 | 23.1 | 24.2 | 22.2 | 21.7 | 20.1 | 19.2 | 18.3 | 18.4 |
| Total equity | 11.6 | 11.6 | 11.0 | 10.9 | 10.6 | 10.2 | 9.9 | 9.8 | 9.5 |
| Total debt | 5.2 | 5.2 | 7.3 | 5.9 | 5.9 | 5.4 | 4.5 | 4.0 | 3.6 |
| Net cash from operating activities | 1.0 | (0.9) | 0.4 | 0.4 | 1.0 | (0.4) | 0.6 | 0.4 | 0.4 |
| Capital expenditure | (4.7) | (1.8) | (1.7) | (0.4) | (0.8) | (0.6) | (0.9) | (0.7) | (0.2) |
| Free cash flow (operating cash flow − capex) | (3.7) | (2.7) | (1.3) | 0.0 | 0.3 | (1.0) | (0.3) | (0.4) | 0.2 |
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.