IPAK International Packaging Films Limited
Latest results: FY2026 · Jun 2026
Last close · 16 Oct 2026
Rs 31.72 -5.57%
Financials
International Packaging Films Limited (IPAK) financials
5 years of annual results (FY2022 – FY2026), 8 quarters.
International Packaging Films Limited (IPAK) reported revenue of Rs 42.2 bn for FY2026 (Jul 2025 – Jun 2026), up 22.7% from FY2025.
Profit attributable to shareholders was Rs 5.0 bn (EPS Rs 6.73), up 311.8%, a net margin of 11.7%.
It declared a dividend of Rs 2.00 per share for FY2026.
Net debt stood at Rs 12.8 bn.
Return on equity was 30.9%.
At Rs 31.72 (close on 16 Oct 2026) the shares trade at 4.7× earnings (FY2026) and 1.29× book value, with a dividend yield of 6.3%.
Fundamentals
IPAK at a glance
Revenue · FY2026
Rs 42.2 bn
▲ 22.7% year on year
Profit attributable to shareholders · FY2026
Rs 5.0 bn
▲ 311.8% year on year
EPS – basic (Rs) · FY2026
Rs 6.73
▲ 311.8% year on year
Dividend per share (Rs) · FY2026
Rs 2.00
▲ 233.3% year on year
Net margin · FY2026
11.7%
+9.8 pts year on year
Debt to equity · FY2026
65.5%
-24.4 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 42.2 bn
- Profit attributable · FY2026
- Rs 5.0 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 47.2 bn
- Equity · FY2026
- Rs 18.1 bn
Financial highlights
IPAK 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 |
|---|---|---|---|---|---|
| Revenue | 42.2 | 34.4 | 22.8 | 19.9 | 13.1 |
| Gross profit | 9.3 | 4.9 | 4.6 | 5.5 | 2.5 |
| Operating profit | 7.9 | 4.0 | 4.0 | 4.5 | 2.1 |
| Profit after tax | 5.0 | 0.7 | (0.6) | 1.9 | 1.4 |
| Profit attributable to shareholders | 5.0 | 1.2 | 0.1 | 2.1 | 1.4 |
| EPS – basic (Rs) Rs | 6.73 | 1.64 | 0.14 | 2.80 | 1.95 |
| Dividend per share (Rs) Rs | 2.00 | 0.60 | 0.00 | 0.00 | 0.00 |
| Total assets | 47.2 | 43.6 | 40.1 | 31.1 | 16.0 |
| Total equity | 21.1 | 16.5 | 15.5 | 15.8 | 9.1 |
| Total debt | 13.8 | 14.8 | 9.8 | 6.3 | 3.2 |
| Net cash from operating activities | 2.2 | (1.6) | 1.6 | 3.5 | (0.3) |
| Capital expenditure | (0.9) | (0.9) | (7.2) | (13.9) | (2.2) |
| Free cash flow (operating cash flow − capex) | 1.3 | (2.5) | (5.6) | (10.4) | (2.4) |
| 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 | 42.2 | 11.7 | 11.0 | 9.3 | 10.2 | 8.3 | 11.0 | 8.6 | 7.6 |
| Gross profit | 9.4 | 3.6 | 2.2 | 1.9 | 1.8 | 1.5 | 2.2 | 1.1 | 1.0 |
| Operating profit | 7.8 | 3.1 | 1.7 | 1.5 | 1.4 | 1.2 | 1.7 | 0.9 | 0.8 |
| Profit after tax | 5.0 | 2.6 | 0.9 | 0.8 | 0.7 | 0.0 | 0.9 | 0.2 | 0.1 |
| Profit attributable to shareholders | 5.0 | 2.4 | 1.0 | 0.8 | 0.8 | 0.2 | 1.0 | 0.3 | 0.2 |
| EPS – basic (Rs) Rs | 6.80 | 3.24 | 1.31 | 1.17 | 1.09 | 0.30 | 1.25 | 0.45 | 0.33 |
| Dividend per share (Rs) Rs | 2.00 | 2.00 | 0.00 | 0.00 | 0.00 | 0.60 | 0.00 | 0.00 | 0.00 |
| Total assets | 47.2 | 47.2 | 45.2 | 45.3 | 45.7 | 43.6 | 48.9 | 47.8 | 46.6 |
| Total equity | 21.1 | 21.1 | 18.6 | 17.7 | 17.3 | 16.5 | 20.8 | 20.3 | 20.0 |
| Total debt | 13.8 | 13.8 | 14.4 | 15.0 | 15.9 | 14.8 | 15.0 | 12.2 | 11.5 |
| Net cash from operating activities | 2.2 | 0.6 | 1.2 | 1.5 | (1.1) | 3.2 | (2.6) | (0.6) | (1.6) |
| Capital expenditure | (0.9) | (0.3) | (0.2) | (0.2) | (0.2) | (0.6) | (0.1) | (0.0) | (0.2) |
| Free cash flow (operating cash flow − capex) | 1.3 | 0.3 | 1.0 | 1.3 | (1.2) | 2.6 | (2.7) | (0.6) | (1.8) |
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.