NATM Nadeem Textile Mills Limited
Latest results: FY2025 · Jun 2025 Q3 FY2026 · Jan – Mar 2026
Last close · 16 Oct 2026
Rs 65.00 -3.95%
Quarterly · Q4 FY2021 – Q3 FY2026
Nadeem Textile Mills Limited (NATM) quarterly cash flow statement
Operating activities generated -Rs 81.7 mn of cash in Q3 FY2026 (Jan – Mar 2026), down 157.7% on Q3 FY2025. Capital expenditure was Rs 4.9 mn, leaving free cash flow of -Rs 86.6 mn. Overall, cash increased by Rs 463.4 mn.
| Rs mn | TTM to Mar 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 | Q4 FY2024 Apr – Jun 2024 | Q3 FY2024 Jan – Mar 2024 | Q2 FY2024 Oct – Dec 2023 | Q1 FY2024 Jul – Sep 2023 | Q4 FY2023 Apr – Jun 2023 | Q3 FY2023 Jan – Mar 2023 | Q2 FY2023 Oct – Dec 2022 | Q1 FY2023 Jul – Sep 2022 | Q4 FY2022 Apr – Jun 2022 | Q3 FY2022 Jan – Mar 2022 | Q2 FY2022 Oct – Dec 2021 | Q1 FY2022 Jul – Sep 2021 | Q4 FY2021 Apr – Jun 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | (1,036.0) | (175.0) | (195.1) | (206.6) | (459.4) | (276.6) | (314.4) | (226.9) | (411.9) | (261.8) | (268.3) | 47.1 | (177.2) | (316.6) | (224.4) | 134.2 | 198.0 | 387.1 | 418.1 | 381.8 | 282.1 |
| Depreciation & amortisation | 218.8 | 53.9 | 54.9 | 54.8 | 55.1 | 51.9 | 59.2 | 58.5 | 66.7 | 61.9 | 62.9 | 60.4 | 66.6 | 63.3 | 65.5 | 50.5 | 53.2 | 46.9 | 45.7 | 43.0 | 45.7 |
| Net cash from operating activities | 74.7 | (81.7) | 138.4 | 117.5 | (99.5) | 141.7 | 39.5 | (148.0) | (456.1) | 372.1 | 314.8 | (250.1) | 476.5 | 165.2 | 70.2 | (690.7) | 1,076.1 | 255.0 | (699.1) | (624.8) | 829.8 |
| Investing activities | |||||||||||||||||||||
| Capital expenditure | (92.3) | (4.9) | (27.7) | (3.5) | (56.3) | (42.8) | — | (3.5) | (89.7) | — | (129.2) | (4.8) | (36.1) | (52.5) | (75.0) | (291.3) | (249.0) | (177.9) | (81.5) | (61.8) | (46.3) |
| Net cash from investing activities | 56.4 | 49.5 | (17.3) | 1.0 | 23.2 | 34.2 | 22.6 | 10.7 | (41.8) | 2.4 | (110.5) | 3.9 | 16.3 | (111.4) | (49.3) | (271.2) | (243.1) | (135.3) | (93.5) | (60.1) | (68.7) |
| Financing activities | |||||||||||||||||||||
| Dividends paid | — | — | — | — | (0.0) | — | (0.0) | — | — | 0.0 | 0.0 | — | — | (0.0) | (129.1) | — | — | 0.0 | (64.5) | — | 0.0 |
| Borrowings raised / (repaid) | 201.5 | 495.5 | (126.2) | (46.2) | (121.6) | 50.0 | (90.5) | (36.1) | 201.0 | (24.4) | 20.4 | (31.2) | 211.5 | (57.7) | 75.8 | 213.6 | (1.0) | 80.2 | (20.6) | (19.3) | (22.5) |
| Net cash from financing activities | 201.5 | 495.5 | (126.2) | (46.2) | (121.6) | 50.1 | (90.5) | (36.1) | 201.0 | (24.4) | 20.4 | (31.2) | 233.2 | (57.7) | (53.2) | 213.6 | (1.0) | 80.2 | (85.2) | (19.3) | (22.5) |
| Net change in cash | 332.6 | 463.4 | (5.1) | 72.3 | (197.9) | 225.9 | (28.4) | (173.4) | (296.8) | 350.1 | 224.7 | (277.4) | 725.9 | (3.9) | (32.3) | (748.3) | 832.0 | 199.8 | (877.8) | (704.2) | 738.6 |
| Key figures | |||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (17.7) | (86.6) | 110.7 | 114.0 | (155.8) | 99.0 | — | (151.5) | (545.8) | — | 185.6 | (255.0) | 440.4 | 112.7 | (4.8) | (982.0) | 827.1 | 77.0 | (780.7) | (686.6) | 783.5 |
| Rs mn | 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 | Q4 FY2024 Apr – Jun 2024 | Q3 FY2024 Jan – Mar 2024 | Q2 FY2024 Oct – Dec 2023 | Q1 FY2024 Jul – Sep 2023 | Q4 FY2023 Apr – Jun 2023 | Q3 FY2023 Jan – Mar 2023 | Q2 FY2023 Oct – Dec 2022 | Q1 FY2023 Jul – Sep 2022 | Q4 FY2022 Apr – Jun 2022 | Q3 FY2022 Jan – Mar 2022 | Q2 FY2022 Oct – Dec 2021 | Q1 FY2022 Jul – Sep 2021 | Q4 FY2021 Apr – Jun 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | — | — | — | — | — | — | -581.3% | — | — | — | -64.9% | -189.5% | -181.8% | -153.7% | -64.9% | -29.8% | +72.9% | +107.6% | +651.5% | — |
| Depreciation & amortisation | +4.0% | -7.2% | -6.3% | -17.4% | -16.2% | -5.9% | -3.1% | +0.3% | -2.2% | -3.8% | +19.6% | +25.0% | +34.8% | +43.3% | +17.3% | +16.5% | -7.9% | +65.8% | +17.9% | +14.2% |
| Net cash from operating activities | -157.7% | +250.0% | — | — | -61.9% | -87.4% | — | -195.7% | +125.3% | +348.3% | — | -55.7% | -35.2% | — | — | +29.7% | — | -198.5% | — | — |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | -88.6% | — | -0.5% | -37.2% | — | — | -27.9% | +148.6% | — | +72.2% | -98.3% | -85.5% | -70.5% | -8.0% | +371.6% | +438.0% | +14.2% | +5.5% | +317.5% | +61.2% |
| Net cash from investing activities | +45.0% | -176.5% | -90.8% | — | +1,333.5% | — | +170.1% | -356.2% | — | — | — | — | — | — | — | — | — | — | — | -363.7% |
| Financing activities | ||||||||||||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | -100.0% | -100.0% | — | — | — | +100.0% | — | — | — | — | — | — |
| Borrowings raised / (repaid) | +890.1% | — | — | -160.5% | — | -542.9% | — | -5.0% | — | -73.1% | -114.6% | — | -172.0% | — | — | — | +3.0% | -183.6% | -138.2% | — |
| Net cash from financing activities | +890.0% | — | — | -160.5% | — | -543.0% | — | -13.8% | — | — | -114.6% | — | -172.0% | — | — | — | +3.0% | -444.8% | -138.2% | -122.5% |
| Net change in cash | +105.1% | — | — | — | -35.5% | -112.6% | — | -140.9% | — | — | — | -12.7% | -101.9% | — | — | +12.6% | — | -233.5% | — | — |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | -187.5% | — | — | — | — | — | — | -224.0% | — | — | — | -46.8% | +46.2% | — | — | +5.6% | — | -223.4% | — | — |
Change against the same quarter a year earlier; shown when the earlier figure is positive.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. TTM = the latest four quarters added together. Updated 16 Oct 2026.
All reported line items 51
| Rs mn | 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 | Q4 FY2024 Apr – Jun 2024 | Q3 FY2024 Jan – Mar 2024 | Q2 FY2024 Oct – Dec 2023 | Q1 FY2024 Jul – Sep 2023 | Q4 FY2023 Apr – Jun 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | (175.0) | (195.1) | (206.6) | (459.4) | (276.6) | (314.4) | (226.9) | (411.9) | (261.8) | (268.3) | 47.1 | (177.2) |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 139.8 | 127.3 | 141.9 | (6.1) | 254.7 | 41.0 | 236.6 | 80.9 | 215.9 | 251.9 | 242.6 | 90.1 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 10.5 | 0.8 | 2.4 | (102.5) | 78.4 | (122.4) | (3.7) | (27.2) | (28.9) | 37.1 | 6.7 | (5.8) |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 75.3 | 72.7 | 86.3 | 24.6 | 134.6 | 104.2 | 171.7 | 41.4 | 182.6 | 151.4 | 177.0 | 25.7 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 53.9 | 54.9 | 54.8 | 55.1 | 51.9 | 59.2 | 58.5 | 66.7 | 61.9 | 62.9 | 60.4 | 66.6 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 53.9 | 54.9 | 54.8 | 55.1 | 51.9 | 59.2 | 58.5 | 66.7 | 61.9 | 62.9 | 60.4 | 66.6 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | — | (1.1) | (1.6) | 16.6 | (10.1) | 0.0 | 10.1 | 0.0 | 0.3 | 0.6 | (1.5) | 3.7 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | (8.6) | 30.2 | 4.4 | 65.9 | 14.2 | 3.8 | 2.8 | 50.5 | 3.1 | 19.6 | 11.6 | 47.7 |
| Interest Paid - Cash | 58.9 | 79.3 | 80.7 | 61.1 | 149.1 | 162.6 | 137.8 | 92.0 | 169.1 | 189.8 | 158.9 | 54.9 |
| Interest & Dividends - Received - Total - Cash Flow | — | — | — | 51.4 | — | — | — | — | — | — | — | — |
| Cash Flow from Operating Activities before Changes in Working Capital | (85.4) | (177.2) | (149.8) | (541.1) | (185.3) | (439.8) | (130.8) | (473.5) | (218.1) | (225.7) | 119.2 | (189.7) |
| Working Capital - Increase/(Decrease) - Cash Flow | 3.7 | 315.6 | 267.3 | 441.6 | 327.1 | 479.4 | (17.1) | 17.4 | 590.3 | 540.5 | (369.3) | 666.2 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | (1.8) | 140.6 | 116.7 | 419.6 | 493.6 | (80.7) | 51.1 | 404.4 | 430.3 | 425.3 | (1,153.3) | 1,110.0 |
| Inventories - Decrease/(Increase) - Cash Flow | 23.5 | 145.7 | 236.4 | 83.3 | 207.1 | 540.5 | (184.1) | (555.3) | 554.8 | (160.2) | 716.3 | (67.5) |
| Other Assets - Decrease/(Increase) - Cash Flow | 27.1 | 6.2 | (6.2) | (44.8) | (30.4) | (36.5) | 111.8 | (14.0) | 140.8 | (190.7) | 44.1 | (30.7) |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | (45.1) | 23.1 | (79.5) | (106.2) | (343.2) | 56.0 | 4.1 | 182.3 | (535.6) | 466.1 | 23.5 | (345.6) |
| Taxes Payable - Increase/(Decrease) - Cash Flow | — | — | — | 89.7 | — | — | — | — | — | — | — | — |
| Net Cash Flow from Operating Activities | (81.7) | 138.4 | 117.5 | (99.5) | 141.7 | 39.5 | (148.0) | (456.1) | 372.1 | 314.8 | (250.1) | 476.5 |
| Capital Expenditures - Net - Cash Flow | (51.0) | 19.3 | (1.5) | 13.8 | (61.2) | (0.5) | (10.7) | 89.7 | (30.6) | 122.6 | 2.8 | 33.0 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | (51.0) | 19.3 | (1.5) | 13.8 | (61.2) | (0.5) | (10.7) | 89.7 | (30.6) | 122.6 | 2.8 | 33.0 |
| Property, Plant & Equipment - Purchased - Cash Flow | 4.9 | 27.7 | 3.5 | 56.3 | 42.8 | — | 3.5 | 89.7 | — | 129.2 | 4.8 | 36.1 |
| Property, Plant & Equipment Sold - Cash Flow | 55.9 | 8.3 | 5.0 | 42.6 | 104.0 | 0.5 | 14.1 | 0.0 | 30.6 | 6.6 | 2.0 | 3.1 |
| Capital Expenditures - Total | 4.9 | 27.7 | 3.5 | 56.3 | 42.8 | — | 3.5 | 89.7 | — | 129.2 | 4.8 | 36.1 |
| Acquisition & Disposals of Business - Assets - Sold/(Acquired) - Net - Cash Flow | — | — | — | — | — | — | — | — | — | — | — | 2.3 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | 0.0 | — | — | 0.0 | 0.0 | (5.0) | — | (4.0) | (9.4) | — | — | 12.5 |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | 0.0 | — | — | 0.0 | 0.0 | (5.0) | — | (4.0) | (9.4) | — | — | 12.5 |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | — | — | — | — | — | — | — | — | — | — | — | 149.3 |
| Investment Securities - Purchased - Unclassified - Cash Flow | — | — | — | — | — | — | — | — | — | — | — | 136.7 |
| Other Investing Cash Flow - Decrease/(Increase) | (1.5) | 2.0 | (0.6) | 37.0 | (27.0) | 27.0 | 0.0 | 52.0 | (18.8) | 12.1 | 6.8 | 34.4 |
| Net Cash Flow from Investing Activities | 49.5 | (17.3) | 1.0 | 23.2 | 34.2 | 22.6 | 10.7 | (41.8) | 2.4 | (110.5) | 3.9 | 16.3 |
| Dividends Paid - Cash - Total - Cash Flow | — | — | — | 0.0 | — | 0.0 | — | — | 0.0 | 0.0 | — | — |
| Dividends - Common - Cash Paid | — | — | — | 0.0 | — | 0.0 | — | — | 0.0 | 0.0 | — | — |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | 495.5 | (126.2) | (46.2) | (121.6) | 50.0 | (90.5) | (36.1) | 201.0 | (24.4) | 20.4 | (31.2) | 211.5 |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | 145.2 | (145.2) | — | (72.2) | 89.5 | (89.5) | — | 235.3 | 9.0 | (9.0) | — | 184.5 |
| Debt - Issued - Short-Term - Cash Flow | — | — | — | 212.5 | — | — | — | 235.3 | — | — | — | 184.5 |
| Debt - Reduced - Short-Term - Cash Flow | — | — | — | 284.7 | — | — | — | — | — | — | — | — |
| Debt - Issued/Reduced - Long-Term - Cash Flow | 350.4 | 19.0 | (46.2) | (49.4) | (39.5) | (0.9) | (36.1) | (34.3) | (33.4) | 29.5 | (31.2) | 27.0 |
| Other Financing Cash Flow - Increase/(Decrease) | — | — | — | — | 0.0 | — | — | — | — | — | — | 21.6 |
| Net Cash Flow from Financing Activities | 495.5 | (126.2) | (46.2) | (121.6) | 50.1 | (90.5) | (36.1) | 201.0 | (24.4) | 20.4 | (31.2) | 233.2 |
| Net Change in Cash - Total | 463.4 | (5.1) | 72.3 | (197.9) | 225.9 | (28.4) | (173.4) | (296.8) | 350.1 | 224.7 | (277.4) | 725.9 |
| Net Cash from Continuing Operations | 463.4 | (5.1) | 72.3 | (197.9) | 225.9 | (28.4) | (173.4) | (296.8) | 350.1 | 224.7 | (277.4) | 725.9 |
| Net Cash - Beginning Balance | (2,000.3) | (435.7) | (2,067.5) | (310.0) | (2,372.0) | (507.6) | (2,170.2) | (37.4) | (1,988.2) | (612.2) | (1,935.5) | (1,060.7) |
| Net Cash - Ending Balance | (1,537.0) | (440.8) | (1,995.2) | (508.0) | (2,146.0) | (536.0) | (2,343.6) | (334.2) | (1,638.0) | (387.5) | (2,212.9) | (334.8) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | (8.6) | 30.2 | 4.4 | 65.9 | 14.2 | 3.8 | 2.8 | 50.5 | 3.1 | 19.6 | 11.6 | 47.7 |
| Interest Paid - Cash Flow - Supplemental | 58.9 | 79.3 | 80.7 | 61.1 | 149.1 | 162.6 | 137.8 | 92.0 | 169.1 | 189.8 | 158.9 | 54.9 |
| Interest & Dividends - Received - Cash Flow - Supplemental | — | — | — | 51.4 | — | — | — | — | — | — | — | — |
| CF from Optg Activities before Change in WC & Int Payments | (26.5) | (97.9) | (69.1) | (480.0) | (36.2) | (277.2) | 6.9 | (381.5) | (49.1) | (36.0) | 278.1 | (134.9) |
| Depreciation, Depletion & Amortization - Cash Flow | 53.9 | 54.9 | 54.8 | 55.1 | 51.9 | 59.2 | 58.5 | 66.7 | 61.9 | 62.9 | 60.4 | 66.6 |
| Free Cash Flow to Equity | 464.9 | (7.2) | 72.9 | (234.9) | 253.0 | (50.4) | (173.4) | (344.8) | 378.4 | 212.7 | (284.2) | 655.0 |
| Free Cash Flow Net of Dividends | (86.6) | 110.7 | 114.0 | (155.9) | 99.0 | 39.5 | (151.5) | (545.8) | 372.1 | 185.6 | (255.0) | 440.4 |
| Free Cash Flow | (86.6) | 110.7 | 114.0 | (155.8) | 99.0 | 39.5 | (151.5) | (545.8) | 372.1 | 185.6 | (255.0) | 440.4 |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 12 periods; the table above goes back further.