KAPCO Kot Addu Power Company Limited

Kot Addu Power Company Limited (KAPCO) financial ratios

Kot Addu Power Company Limited earned a net margin of 13.1% in FY2026 against a five-year average of 49.5% (Power Generation & Distribution median 3.9%). Return on equity was 4.4%, compared with a sector median of 0.2%. The current ratio stood at 2.72× and debt was 37.7% of equity. Cash took about 367 days to cycle through receivables, inventory and payables.

FY2026 vs the Power Generation & Distribution median

Gross margin: -0.2%; Sector median 12.5%
Operating margin: -3.2%; Sector median 6.9%
Net margin: 13.1%; Sector median 3.9%
Return on equity (ROE): 4.4%; Sector median 0.2%
Return on assets (ROA): 3.4%; Sector median 0.1%
Current ratio: 2.72×; Sector median 2.32×
Debt to equity: 37.7%; Sector median 32.9%
Asset turnover: 0.26×; Sector median 0.17×
Dividend payout ratio: 139.7%; Sector median 0.0%

Median of the 16 companies in the sector with the figure for their latest fiscal year.

KAPCO financial ratios (annual) (Rs mn)
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	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	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 Jul 2009 – Jun 2010	FY2009 Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008	FY2007 Jul 2006 – Jun 2007
Profitability
Gross margin	(0.2%)	(28.2%)	—	(2.2%)	6.2%	10.4%	30.0%	16.7%	14.6%	17.3%	20.9%	14.9%	10.8%	13.7%	11.2%	14.3%	11.5%	15.8%	16.6%	23.5%
EBITDA margin	(3.2%)	(240.9%)	—	(4.9%)	6.2%	10.8%	32.1%	18.8%	19.8%	19.5%	23.7%	16.7%	12.2%	15.5%	12.9%	16.0%	12.7%	16.9%	18.8%	27.1%
Operating margin	(3.2%)	(241.2%)	—	(6.2%)	5.6%	8.7%	28.9%	16.0%	17.3%	16.7%	20.1%	14.6%	10.3%	13.4%	11.0%	13.8%	10.8%	14.7%	16.0%	22.8%
Pre-tax margin	19.4%	190.2%	—	26.8%	11.4%	28.6%	46.1%	22.4%	17.2%	17.2%	21.3%	14.6%	10.0%	11.2%	8.6%	13.3%	9.0%	12.6%	14.4%	20.4%
Net margin	13.1%	162.2%	—	15.6%	7.2%	20.3%	33.0%	15.5%	11.6%	11.5%	14.1%	9.7%	6.8%	7.5%	6.0%	8.8%	5.9%	8.2%	14.2%	13.5%
Effective tax rate	32.3%	14.7%	(28.3%)	41.9%	36.3%	29.0%	28.3%	30.9%	32.8%	32.9%	33.7%	33.7%	31.8%	32.6%	29.7%	34.1%	34.2%	35.0%	1.2%	34.2%
Returns
Return on equity (ROE)	4.4%	4.3%	6.7%	5.9%	14.8%	16.3%	46.5%	34.4%	31.4%	29.8%	29.9%	34.7%	29.6%	29.9%	25.5%	28.1%	22.3%	25.5%	39.6%	25.6%
Return on assets (ROA)	3.4%	3.5%	4.7%	3.3%	6.8%	7.1%	17.2%	9.4%	8.3%	9.1%	9.6%	10.2%	9.8%	9.1%	6.2%	7.5%	7.4%	9.7%	16.6%	13.6%
Return on invested capital (ROIC)	4.1%	4.3%	11.4%	7.8%	12.2%	12.1%	29.7%	20.9%	18.0%	16.3%	16.4%	21.4%	21.3%	29.9%	25.2%	25.1%	20.8%	31.2%	28.8%	21.7%
Liquidity
Current ratio	2.72×	7.83×	4.37×	3.01×	2.02×	2.03×	1.99×	1.38×	1.29×	1.29×	1.36×	1.30×	1.25×	1.47×	1.20×	1.22×	1.25×	1.43×	1.38×	1.85×
Quick ratio	2.23×	6.35×	3.61×	2.54×	1.87×	1.91×	1.89×	1.24×	1.18×	1.17×	1.23×	1.17×	1.12×	1.20×	1.08×	1.12×	1.14×	1.25×	1.21×	1.40×
Leverage
Debt to equity	37.7%	0.0%	16.0%	33.5%	54.5%	55.6%	73.1%	131.7%	142.3%	143.4%	136.8%	115.8%	147.3%	39.0%	110.0%	119.5%	99.7%	63.8%	143.6%	75.8%
Debt to capital	27.4%	0.0%	13.8%	25.1%	35.3%	35.7%	42.2%	56.8%	58.7%	58.9%	57.8%	53.7%	59.6%	28.0%	52.4%	54.4%	49.9%	38.9%	58.9%	43.1%
Debt to assets	25.4%	0.0%	12.2%	21.8%	27.3%	23.8%	32.8%	38.9%	36.1%	40.2%	45.9%	35.8%	41.4%	16.0%	26.2%	30.0%	28.9%	24.5%	53.8%	36.7%
Assets to equity	1.31×	1.23×	1.43×	1.77×	2.16×	2.28×	2.70×	3.64×	3.76×	3.28×	3.11×	3.39×	3.02×	3.29×	4.09×	3.72×	3.02×	2.63×	2.39×	1.88×
Efficiency
Asset turnover	0.26×	0.02×	0.00×	0.21×	0.95×	0.35×	0.52×	0.61×	0.72×	0.79×	0.68×	1.06×	1.44×	1.21×	1.03×	0.86×	1.25×	1.19×	1.17×	1.01×
Receivable days days	172	2,598	—	702	234	839	617	510	422	369	410	253	168	204	261	307	191	179	145	77
Inventory days days	197	2,276	1,288	178	27	63	71	62	49	48	56	34	30	35	30	35	25	31	36	51
Payable days days	3	8	19	71	16	9	72	130	115	51	42	38	21	109	154	151	92	51	3	0
Cash conversion cycle days	367	4,867	1,268	809	244	893	615	441	356	366	424	249	177	130	137	191	123	159	178	128
Dividends
Dividend payout ratio	139.7%	295.0%	193.9%	0.0%	0.0%	55.9%	5.6%	30.2%	72.1%	84.3%	87.3%	78.6%	74.0%	89.8%	100.0%	87.7%	86.5%	100.1%	60.2%	105.8%
Earnings retention rate	(0.40×)	(1.95×)	(0.94×)	1.00×	1.00×	0.44×	0.94×	0.70×	0.28×	0.16×	0.13×	0.21×	0.26×	0.10×	(0.00×)	0.12×	0.14×	(0.00×)	0.40×	(0.06×)

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

KAPCO: frequently asked questions

What is KAPCO's EPS?

Kot Addu Power Company Limited reported basic earnings per share of Rs 2.86 for FY2026 (Jul 2025 – Jun 2026).

What is KAPCO's P/E ratio?

At the closing price of Rs 26.54 on 16 Oct 2026, KAPCO trades at a P/E of 9.3× based on EPS of Rs 2.86 (FY2026).

Does KAPCO pay dividends?

Yes. Kot Addu Power Company Limited declared a dividend of Rs 3.00 per share for FY2026. It has paid a dividend in each of the last 20 years. At Rs 26.54 that is a dividend yield of 11.3%.

What was KAPCO's revenue and profit in FY2026?

Kot Addu Power Company Limited reported revenue of Rs 19.2 bn and profit attributable to shareholders of Rs 2.5 bn for FY2026 (Jul 2025 – Jun 2026).

What is KAPCO's book value per share?

Kot Addu Power Company Limited's book value per share was Rs 63.88 at the end of FY2026. The shares trade at 0.42× book value.

Information only, not investment advice.