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Power Generation & Distribution

NCPL Nishat Chunian Power Limited

Latest results: FY2026 · Jun 2026

Watch NCPL · free results alerts

Last close · 16 Oct 2026

Rs 49.25 +0.35%

Annual · FY2008 – FY2026

Nishat Chunian Power Limited (NCPL) income statement

Nishat Chunian Power Limited reported revenue of Rs 9.4 bn for FY2026 (Jul 2025 – Jun 2026), up 69.4% on FY2025. Gross profit came to Rs 1.5 bn, a gross margin of 15.6%. Operating profit was Rs 774.4 mn (an operating margin of 8.2%). Finance cost was Rs 23.7 mn, up 92.1% on FY2025. Tax of Rs 452.8 mn took 15.4% of pre-tax profit. Profit attributable to shareholders was Rs 2.5 bn, or Rs 6.75 per share.

NCPL income statement (annual) (Rs bn)
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 9.4 5.6 15.2 18.2 25.4
Cost of revenue (8.0) (3.4) (10.3) (13.2) (21.9)
Gross profit 1.5 2.2 4.9 5.1 3.6
Selling, general & administrative expenses (0.5) (0.4) (0.2) (0.2) (0.2)
Operating profit 0.8 1.8 4.7 4.9 3.4
Finance cost (0.0) (0.0) (0.2) (0.9) (0.9)
Profit before tax 2.9 (3.2) 4.9 4.0 2.5
Taxation (0.5) (0.2) (0.0) 0.0 (0.0)
Profit after tax 2.5 (3.4) 4.9 4.0 2.5
Profit attributable to shareholders 2.5 (3.4) 4.9 4.0 2.5
Per share & other
EPS – basic (Rs) Rs 6.75 (9.19) 13.37 10.77 6.82
EPS – diluted (Rs) Rs 6.75 (9.19) 13.37 10.77 6.82
Dividend per share (Rs) Rs 2.50 0.00 2.00 5.00 10.00
EBITDA 1.4 2.4 5.4 5.6 4.3
Depreciation & amortisation 0.7 0.6 0.7 0.8 0.9
Weighted average shares mn 367.3 367.3 367.3 367.3 367.3
NCPL income statement — year-on-year change (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
Revenue +69.4% -63.4% -16.5% -28.3% +118.3%
Cost of revenue +133.2% -67.0% -21.5% -39.8% +177.6%
Gross profit -31.6% -55.9% -3.4% +42.2% -5.6%
Selling, general & administrative expenses +37.7% +96.6% +25.3% -11.5% -44.5%
Operating profit -57.1% -61.8% -3.3% +45.7% -3.6%
Finance cost +92.1% -94.5% -74.2% -2.1% -10.2%
Profit before tax — -164.2% +24.3% +58.0% -0.2%
Taxation +106.4% +3,274.5% — -100.0% —
Profit after tax — -168.7% +24.2% +58.0% -0.2%
Profit attributable to shareholders — -168.7% +24.2% +58.0% -0.2%
Per share & other
EPS – basic (Rs) — -168.7% +24.2% +58.0% -0.2%
EPS – diluted (Rs) — -168.7% +24.2% +58.0% -0.2%
Dividend per share (Rs) — -100.0% -60.0% -50.0% —
EBITDA -40.7% -55.3% -3.5% +31.4% +0.3%
Depreciation & amortisation +5.6% -12.7% -5.2% -18.9% +17.1%
Weighted average shares — — — — —

Change against the previous fiscal year; shown when the earlier figure is positive.

NCPL income statement — common size (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
Revenue 100.0% 100.0% 100.0% 100.0% 100.0%
Cost of revenue (84.4%) (61.3%) (67.9%) (72.2%) (86.0%)
Gross profit 15.6% 38.7% 32.1% 27.8% 14.0%
Selling, general & administrative expenses (5.5%) (6.8%) (1.3%) (0.8%) (0.7%)
Operating profit 8.2% 32.4% 31.0% 26.8% 13.2%
Finance cost (0.3%) (0.2%) (1.5%) (4.7%) (3.5%)
Profit before tax 31.1% (56.7%) 32.3% 21.7% 9.9%
Taxation (4.8%) (3.9%) (0.0%) 0.0% (0.0%)
Profit after tax 26.3% (60.7%) 32.3% 21.7% 9.9%
Profit attributable to shareholders 26.3% (60.7%) 32.3% 21.7% 9.9%
Per share & other
EBITDA 15.3% 43.8% 35.8% 31.0% 16.9%
Depreciation & amortisation 7.1% 11.4% 4.8% 4.2% 3.7%

Each line as a percentage of revenue.

Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 16 Oct 2026.

All reported line items 140
NCPL income statement — all reported line items (Rs bn)
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 from Goods & Services 9.3 5.1 12.8 16.0 23.8
Sales of Goods & Services - Net - Unclassified 2.6 3.2 4.0 3.6 2.4
Revenue Taxes 1.2 0.4 1.6 2.2 3.6
Gross Revenue from Business Activities - Total 7.9 2.2 10.4 14.6 25.0
Revenue from Business-Related Activities - Other - Total 0.1 0.5 2.4 2.2 1.7
Revenue from Business Activities - Total 9.4 5.6 15.2 18.2 25.4
Cost of Operating Revenue 8.0 3.4 10.3 13.2 21.9
Cost of Revenues - Total 8.0 3.4 10.3 13.2 21.9
Cost of Revenues - Unclassified 0.7 0.7 0.6 0.5 0.3
Selling, General & Administrative Expenses - Total 0.5 0.4 0.2 0.2 0.2
Selling, General & Administrative Expenses - Unclassified 0.3 0.2 0.1 0.1 0.1
Amortization in Cost of Revenues — — — — 0.0
Depreciation in Cost of Revenues 0.6 0.6 0.7 0.8 0.9
Depreciation in Selling, General & Administrative Expenses 0.0 0.0 0.0 0.0 0.0
Labor & Related Expenses including Stock-Based Compensation in Cost of Revenues 0.2 0.2 0.2 0.2 0.2
Amortization of Intangibles in Selling, General & Administrative Expenses — — — — —
Material Expenses 6.4 1.9 8.8 11.8 20.4
Material Expenses - Materials, Inventory, Own Work & Utility - Unclassified 6.4 1.9 8.8 11.8 20.4
Other Operating Expense/(Income) - Net 0.2 (0.0) (0.0) 0.0 0.0
Other Operating Income - Total 0.0 0.1 0.0 0.1 0.1
Cost of Revenues - Other - Total — — — — —
Gross Profit - Industrials/Property - Total 1.5 2.2 4.9 5.1 3.6
Operating Expenses - Total 8.7 3.8 10.5 13.3 22.1
Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses 0.2 0.1 0.1 0.1 0.1
Selling, General & Administrative Expenses - Other - Total 0.0 0.0 0.0 0.0 0.0
Advertising Expense 0.0 0.0 0.0 0.0 0.0
Operations & Maintenance (Utility) 0.0 0.0 0.0 0.0 0.0
Operating Profit before Non-Recurring Income/(Expense) 0.8 1.8 4.7 4.9 3.4
Financing Income/(Expense) - Net - Total 0.8 0.8 0.0 (0.9) (0.9)
Interest Expense - Net of (Interest Income) (0.0) (0.1) (0.0) 0.8 0.9
Other Operating Expense 0.2 0.0 0.0 0.1 0.1
Interest Expense - Net of Capitalized Interest 0.0 0.0 0.2 0.9 0.9
Provision for Doubtful Accounts & Write-off 0.0 0.0 0.0 — 0.0
Non-Interest Financial Income/(Expense) - Total 0.8 0.7 0.0 (0.1) (0.0)
Non-Interest Financial Income/(Expense) - Other - Net (0.0) (0.0) (0.0) (0.0) (0.0)
Sale of Tangible & Intangible Fixed Assets - Gain/Loss 0.0 0.0 0.1 0.0 0.0
Equity Earnings/(Loss) - before Taxes including Non-Recurring 1.3 — — — —
Other Non-Operating Income/(Expense) - Total (0.0) (0.0) — — —
Foreign Exchange Gain/(Loss) - Non-Business (0.0) (0.0) 0.0 (0.1) 0.0
Normalized Pre-tax Profit 2.9 2.5 4.9 4.0 2.5
Non-Recurring Income/Expense - Total 0.0 (5.7) 0.0 (0.0) (0.0)
Impairment - Tangible & Intangible Fixed Assets — 0.0 0.0 — —
Impairment - Fixed Assets — 0.0 0.0 — —
Interest Income - Non-Bank 0.1 0.1 0.2 0.1 0.0
Interest Expense on Capital Financing - Gross — — — — —
Dividend & Investment Income 0.0 0.0 0.0 — —
Sale of Investments Held for Sale, Maturity & Trading - Gain/(Loss) 0.8 0.7 (0.0) (0.0) (0.0)
Fair Value Adjustments - Financial Investments 0.0 0.0 0.0 (0.0) (0.0)
Derivatives - Hedging - Realized Gain/(Loss) — — — — —
Non-Recurring Income/(Expense) - Other - Total 0.0 (5.7) — — —
Provision for Income Tax Expense- Unclassified — — — 0.0 0.0
Income before Taxes 2.9 (3.2) 4.9 4.0 2.5
Income Taxes 0.5 0.2 0.0 0.0 0.0
Income Taxes for the Year - Current 0.2 0.1 0.0 — —
Income Taxes - Deferred 0.2 — — — —
Income Taxes - Other (by Type) 0.0 0.1 — — —
Derivatives - Hedging - Gain/(Loss) — — — — —
Valuation of Inventory - Gain/(Loss) — — 0.0 (0.0) —
Net Income after Tax 2.5 (3.4) 4.9 4.0 2.5
Income before Discontinued Operations & Extraordinary Items 2.5 (3.4) 4.9 4.0 2.5
Net Income before Minority Interest 2.5 (3.4) 4.9 4.0 2.5
Net Income after Minority Interest 2.5 (3.4) 4.9 4.0 2.5
Income Available to Common Shares 2.5 (3.4) 4.9 4.0 2.5
Other Comprehensive Income - Starting Line 2.5 (3.4) 4.9 — 2.5
Other Comprehensive Income - Other 0.0 0.0 0.0 — 0.0
Other Comprehensive Income - Pension Related (0.0) — — — —
Other Comprehensive Income - Income Tax 0.0 — — — —
Other Comprehensive Income - Net of Tax - Total (0.0) 0.0 0.0 — 0.0
Comprehensive Income before Minority Interest - Total 2.5 (3.4) 4.9 — 2.5
Comprehensive Income - Attributable to Parent Company Equity Holders - Total 2.5 (3.4) 4.9 — 2.5
DPS - Common - Gross - Issue - By Period End Date Rs 2.50 0.00 2.00 5.00 10.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 2.5 (3.4) 4.9 4.0 2.5
Income available to Common excluding Extraordinary Items 2.5 (3.4) 4.9 4.0 2.5
Shares used to calculate Basic EPS - Total mn 367.3 367.3 367.3 367.3 367.3
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 6.75 (9.19) 13.37 10.77 6.82
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs 6.75 (9.19) 13.37 10.77 6.82
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs 6.72 6.33 13.31 10.80 6.83
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 2.5 (3.4) 4.9 4.0 2.5
Earnings Allocation Factor - Basic - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Basic EPS - Issue Specific mn 367.3 367.3 367.3 367.3 367.3
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 6.75 (9.19) 13.37 10.77 6.82
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 6.75 (9.19) 13.37 10.77 6.82
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs 6.72 6.33 13.31 10.80 6.83
EPS - Basic from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00
Comprehensive Earnings Per Share - Basic - Issue Specific Rs 6.74 (9.19) 13.37 — 6.82
Dilution Adjustment — — — — —
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total 2.5 (3.4) 4.9 4.0 2.5
Diluted Income available to Common excluding Extraordinary Items 2.5 (3.4) 4.9 4.0 2.5
Shares used to calculate Diluted EPS - Total mn 367.3 367.3 367.3 367.3 367.3
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs 6.75 (9.19) 13.37 10.77 6.82
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs 6.75 (9.19) 13.37 10.77 6.82
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs 6.72 6.33 13.31 10.80 6.83
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 2.5 (3.4) 4.9 4.0 2.5
Earnings Allocation Factor - Diluted - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Shares used to calculate Diluted EPS - Issue Specific mn 367.3 367.3 367.3 367.3 367.3
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs 6.75 (9.19) 13.37 10.77 6.82
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 6.75 (9.19) 13.37 10.77 6.82
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs 6.72 6.33 13.31 10.80 6.83
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00
Comprehensive Earnings Per Share - Diluted - Issue Specific Rs 6.74 (9.19) 13.37 — 6.82
DPS - Common - Gross - Issue - By Announcement Date Rs 1.50 7.00 0.00 10.00 0.00
DPS - Common - Net - Issue - By Announcement Date Rs 1.35 6.30 0.00 9.00 0.00
Earnings before Interest & Taxes (EBIT) 0.8 1.8 4.7 4.9 3.4
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 1.4 2.4 5.4 5.6 4.3
Depreciation & Amortization - Supplemental 0.7 0.6 0.7 0.8 0.9
Depreciation Expense - Total - Supplemental 0.7 0.6 0.7 0.8 0.9
Amortization - Total - Supplemental — — — — 0.0
Depreciation, Depletion & Amortization - Total 0.7 0.6 0.7 0.8 0.9
Depreciation - Total 0.7 0.6 0.7 0.8 0.9
Amortization of Intangible Assets including Goodwill - Total — — — — —
Amortization of Intangible Assets excluding Goodwill - Total — — — — 0.0
Labor & Related Expenses - Total 0.5 0.3 0.2 0.2 0.2
Labor & Related Expenses - Supplemental 0.5 0.3 0.2 0.2 0.2
Auditor Fees 0.0 0.0 0.0 — 0.0
Audit-Related Fees 0.0 0.0 0.0 — 0.0
Tax Fees — — — — —
Fees - Other 0.0 0.0 0.0 — 0.0
Normalized after Tax Profit 2.5 2.3 4.9 4.0 2.5
Normalized Net Income from Continuing Operations 2.5 2.3 4.9 4.0 2.5
Normalized Net Income - Bottom Line 2.5 2.3 4.9 4.0 2.5
Earnings before Interest & Taxes (EBIT) - Normalized 2.9 2.5 4.9 4.8 3.4
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized 3.6 3.1 5.6 5.5 4.3
Derivatives - Hedging - Gain/(Loss) - Total - Supplemental — — — — —
Advertising Expenses - Supplemental 0.0 0.0 0.0 0.0 0.0
Derivatives - Hedging - Realized Gain/(Loss) - Total - Supplemental — — — — —
Interest Expense 0.0 0.0 0.2 0.9 0.9
Operating Expenses 8.7 3.8 10.5 13.3 22.1
Selling, General & Administrative Expenses excluding Research & Development Expenses 0.5 0.4 0.2 0.2 0.2
Income before Taxes & Provision for Loan Losses 2.9 (3.2) 4.9 4.0 2.5
Cost of Revenue including Operation & Maintenance (Utility) - Total 8.0 3.4 10.3 13.2 21.9
Cost of Revenues excluding Depreciation 7.3 2.8 9.6 12.4 20.9
Generation Cost 8.0 3.4 10.3 13.2 21.9
DPS - Common - Gross - Issue - By Payable Date Rs 1.50 7.00 0.00 10.00 0.00
DPS - Common - Gross - Issue - By Ex Date Rs 1.50 7.00 0.00 10.00 0.00
Tax Adjusted Operating Income 2.5 — 5.1 4.8 3.4
Operating Expenses excluding Non-Cash Charges - Total 8.0 3.1 9.8 12.6 21.1
Income Available to Common Shares before Depreciation & Amortization 3.2 (2.7) 5.6 4.7 3.4
Fixed Charges 0.0 0.0 0.2 0.9 0.9
Estimated Tax Rate 0.29× 0.29× 0.29× 0.29× 0.29×
Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs 1.50 7.00 0.00 10.00 0.00

Every line the company reported, in the original order and wording, without regrouping or signs changed.