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NEXT Next Capital Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 16.31 -0.24%

Financials

Next Capital Limited (NEXT) financials

15 years of annual results (FY2012 – FY2026), 48 quarters.

Next Capital Limited (NEXT) reported revenue of Rs 469.7 mn for FY2026 (Jul 2025 – Jun 2026), up 63.3% from FY2025.

Profit attributable to shareholders was Rs 44.8 mn (EPS Rs 0.79), up 55.9%.

No cash dividend was declared for FY2026.

Return on equity was 11.5%.

Over the last five years revenue grew at a compound 5.0% a year.

At Rs 16.31 (close on 16 Oct 2026) the shares trade at 20.7× earnings (FY2026) and 2.69× book value.

Fundamentals

NEXT at a glance

Revenue · FY2026

Rs 469.7 mn

▲ 63.3% year on year

Profit attributable to shareholders · FY2026

Rs 44.8 mn

▲ 55.9% year on year

EPS – basic (Rs) · FY2026

Rs 0.79

▲ 55.9% year on year

Dividend per share (Rs) · FY2026

Rs 0.00

Total assets · FY2026

Rs 1.6 bn

▲ 46.5% year on year

Return on equity (ROE) · FY2026

11.5%

+4.7 pts year on year

Financial statements

Income statement

Revenue, costs, profit and earnings per share.

Revenue · FY2026
Rs 469.7 mn
Profit attributable · FY2026
Rs 44.8 mn

Balance sheet

Assets, liabilities, debt and shareholders' equity.

Total assets · FY2026
Rs 1.6 bn
Equity · FY2026
Rs 344.8 mn

Cash flow

Cash from operations, investment, financing and free cash flow.

Operating cash flow · FY2026
Rs 654.3 mn
Net change in cash · FY2026
Rs 661.1 mn

Financial highlights

NEXT financial results

NEXT annual financial highlights (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 469.7 287.6 166.6 119.2 417.3
Profit before tax 41.8 20.2 (21.9) (89.7) 63.3
Profit attributable to shareholders 44.8 28.7 (21.7) (97.2) 30.8
EPS – basic (Rs) Rs 0.79 0.50 (0.38) (1.71) 0.54
Dividend per share (Rs) Rs 0.00 0.00 0.00 0.00 0.00
Total assets 1,631.0 1,113.2 865.9 816.8 1,150.5
Borrowings 161.0 192.8 201.8 184.3 180.4
Total equity 429.6 435.1 406.3 428.0 525.3
NEXT quarterly financial highlights (Rs mn)
Rs mn 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 — 112.5 168.9 — 81.0 75.0 56.1 116.7 39.8
Profit before tax — (29.3) 50.4 — (7.7) 5.0 (7.4) 52.6 (21.9)
Profit attributable to shareholders — (13.6) 50.1 — (13.1) 12.4 (6.7) 51.2 (23.1)
EPS – basic (Rs) Rs — (0.24) 0.88 — (0.23) 0.22 (0.12) 0.90 (0.41)
Dividend per share (Rs) Rs — 0.00 0.00 — 0.00 0.00 0.00 0.00 0.00
Total assets 1,631.0 1,631.0 1,554.8 1,385.2 1,169.3 1,113.2 1,025.9 1,359.3 917.3
Borrowings 161.0 161.0 78.1 169.0 134.6 192.8 116.6 191.6 204.0
Total equity 429.6 429.6 493.5 443.3 422.0 435.1 422.7 434.4 383.2

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.

NEXT charts

Revenue and profit Revenue Profit attributable
Revenue and profit Rs 470 mn -Rs 97 mn Revenue FY17: Rs 353.7 mn Profit attributable FY17: Rs 103.0 mn FY17 Revenue FY18: Rs 241.1 mn Profit attributable FY18: -Rs 25.3 mn FY18 Revenue FY19: Rs 174.3 mn Profit attributable FY19: Rs 5.3 mn FY19 Revenue FY20: Rs 195.8 mn Profit attributable FY20: Rs 17.8 mn FY20 Revenue FY21: Rs 368.2 mn Profit attributable FY21: Rs 82.0 mn FY21 Revenue FY22: Rs 417.3 mn Profit attributable FY22: Rs 30.8 mn FY22 Revenue FY23: Rs 119.2 mn Profit attributable FY23: -Rs 97.2 mn FY23 Revenue FY24: Rs 166.6 mn Profit attributable FY24: -Rs 21.7 mn FY24 Revenue FY25: Rs 287.6 mn Profit attributable FY25: Rs 28.7 mn FY25 Revenue FY26: Rs 469.7 mn Profit attributable FY26: Rs 44.8 mn FY26