NONS Noon Sugar Mills Limited
Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 82.00 -0.85%
Annual · FY2012 – FY2025
Noon Sugar Mills Limited (NONS) cash flow statement
Operating activities generated Rs 1.7 bn of cash in FY2025 (Oct 2024 – Sep 2025), 204% of the starting profit. Capital expenditure was Rs 926.3 mn, leaving free cash flow of Rs 749.9 mn. Dividends paid to shareholders came to Rs 5,000. Overall, cash decreased by Rs 22.6 mn.
| Rs mn | FY2025 Oct 2024 – Sep 2025 | FY2024 Oct 2023 – Sep 2024 | FY2023 Oct 2022 – Sep 2023 | FY2022 Oct 2021 – Sep 2022 | FY2021 Oct 2020 – Sep 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||
| Profit (cash-flow starting line, as reported) | 823.0 | (479.9) | 526.6 | 656.9 | 377.2 | |||||||||
| Depreciation & amortisation | 209.7 | 197.8 | 183.6 | 159.2 | 149.8 | |||||||||
| Net cash from operating activities | 1,676.1 | (1,482.4) | 568.6 | 851.7 | 446.6 | |||||||||
| Investing activities | ||||||||||||||
| Capital expenditure | (926.3) | (1,985.5) | (442.0) | (385.3) | (234.1) | |||||||||
| Net cash from investing activities | (607.1) | (1,939.9) | (451.6) | (345.5) | (229.3) | |||||||||
| Financing activities | ||||||||||||||
| Dividends paid | (0.0) | (65.1) | (65.2) | (56.9) | (57.6) | |||||||||
| Borrowings raised / (repaid) | (1,091.6) | 3,448.8 | (52.5) | (563.6) | 13.7 | |||||||||
| Net cash from financing activities | (1,091.6) | 3,383.7 | (117.7) | (620.6) | (43.8) | |||||||||
| Net change in cash | (22.6) | (38.7) | (0.7) | (114.4) | 173.4 | |||||||||
| Key figures | ||||||||||||||
| Free cash flow (operating cash flow − capex) | 749.9 | (3,467.9) | 126.5 | 466.4 | 212.5 | |||||||||
| Rs mn | FY2025 Oct 2024 – Sep 2025 | FY2024 Oct 2023 – Sep 2024 | FY2023 Oct 2022 – Sep 2023 | FY2022 Oct 2021 – Sep 2022 | FY2021 Oct 2020 – Sep 2021 | |||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||
| Profit (cash-flow starting line, as reported) | — | -191.1% | -19.8% | +74.2% | +17.0% | |||||||||
| Depreciation & amortisation | +6.0% | +7.8% | +15.3% | +6.2% | -3.5% | |||||||||
| Net cash from operating activities | — | -360.7% | -33.2% | +90.7% | +0.4% | |||||||||
| Investing activities | ||||||||||||||
| Capital expenditure | -53.3% | +349.2% | +14.7% | +64.6% | +18.3% | |||||||||
| Net cash from investing activities | — | — | — | — | — | |||||||||
| Financing activities | ||||||||||||||
| Dividends paid | -100.0% | -0.1% | +14.5% | -1.1% | +18.3% | |||||||||
| Borrowings raised / (repaid) | -131.7% | — | — | -4,201.1% | — | |||||||||
| Net cash from financing activities | -132.3% | — | — | — | — | |||||||||
| Net change in cash | — | — | — | -166.0% | — | |||||||||
| Key figures | ||||||||||||||
| Free cash flow (operating cash flow − capex) | — | -2,840.7% | -72.9% | +119.5% | -13.9% | |||||||||
Change against the previous fiscal year; shown when the earlier figure is positive.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. Updated 16 Oct 2026.
All reported line items 54
| Rs mn | FY2025 Oct 2024 – Sep 2025 | FY2024 Oct 2023 – Sep 2024 | FY2023 Oct 2022 – Sep 2023 | FY2022 Oct 2021 – Sep 2022 | FY2021 Oct 2020 – Sep 2021 |
|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 823.0 | (479.9) | 526.6 | 656.9 | 377.2 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 416.6 | 1,248.2 | 899.7 | 609.8 | 408.0 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | (11.2) | 5.2 | 9.4 | 78.7 | 2.0 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 533.9 | 1,084.4 | 708.7 | 375.8 | 258.9 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 209.7 | 197.8 | 183.6 | 159.2 | 149.8 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 209.7 | 197.8 | 183.6 | 159.2 | 149.8 |
| Impairment - Property, Plant & Equipment including Intangible Assets - Cash Flow - to Reconcile | — | — | — | — | — |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (315.8) | (39.2) | (2.0) | (3.8) | (2.6) |
| Financial Assets - Unrealized Gain/(Loss) - Cash Flow - to Reconcile | — | — | — | — | — |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 145.0 | 180.6 | 126.4 | 178.0 | 130.1 |
| Interest Paid - Cash | 831.0 | 783.5 | 653.6 | 398.1 | 267.5 |
| Cash Flow from Operating Activities before Changes in Working Capital | 263.7 | (195.9) | 646.3 | 690.6 | 387.7 |
| Working Capital - Increase/(Decrease) - Cash Flow | 1,412.4 | (1,286.5) | (77.7) | 161.1 | 58.9 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | 366.8 | (410.3) | 105.6 | 48.1 | 310.5 |
| Inventories - Decrease/(Increase) - Cash Flow | 1,001.7 | (681.3) | (1,361.7) | 189.0 | (412.0) |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | (4.7) | 0.5 | 0.2 | (1.4) | 2.4 |
| Other Assets - Decrease/(Increase) - Cash Flow | (65.9) | 7.0 | (83.2) | (320.1) | 218.7 |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 114.5 | (202.3) | 1,261.3 | 245.4 | (60.7) |
| Net Cash Flow from Operating Activities | 1,676.1 | (1,482.4) | 568.6 | 851.7 | 446.6 |
| Capital Expenditures - Net - Cash Flow | 607.1 | 1,932.2 | 432.9 | 343.4 | 229.2 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 599.8 | 1,932.2 | 432.9 | 343.4 | 229.2 |
| Property, Plant & Equipment - Purchased - Cash Flow | 919.0 | 1,985.5 | 442.0 | 385.3 | 234.1 |
| Property, Plant & Equipment Sold - Cash Flow | 319.2 | 53.2 | 9.1 | 41.9 | 4.9 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | 7.3 | — | — | — | — |
| Intangible Assets - Purchased/Acquired - Cash Flow | 7.3 | — | — | — | — |
| Capital Expenditures - Total | 926.3 | 1,985.5 | 442.0 | 385.3 | 234.1 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | — | — | — | — | — |
| Investment Property excluded from Capital Expenditures - Sold/(Purchased) - Net - Cash Flow | — | — | — | — | — |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | — | — | — | — | — |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | — | — | — | — | — |
| Other Investing Cash Flow - Decrease/(Increase) | (0.1) | (7.7) | (18.6) | (2.1) | (0.1) |
| Net Cash Flow from Investing Activities | (607.1) | (1,939.9) | (451.6) | (345.5) | (229.3) |
| Dividends Paid - Cash - Total - Cash Flow | 0.0 | 65.1 | 65.2 | 56.9 | 57.6 |
| Dividends - Common - Cash Paid | 0.0 | 65.1 | 65.2 | 56.9 | 57.6 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | (1,091.6) | 3,448.8 | (52.5) | (563.6) | 13.7 |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | (2,263.0) | 3,199.4 | 23.5 | (487.0) | 57.7 |
| Debt - Issued/Reduced - Long-Term - Cash Flow | 1,171.5 | 249.4 | (76.0) | (76.6) | (44.0) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | 0.0 | (0.6) | (1.0) | (1.6) | (6.5) |
| Debt - Issued - Long-Term - Cash Flow | 1,171.5 | 250.0 | — | — | — |
| Debt - Reduced - Long-Term - Cash Flow | 0.0 | 0.6 | 76.0 | 76.6 | 44.0 |
| Lease liabilities - Reduced - Cash flow represents cash outflow due to the repayment of lease liability/debt of the company. It includes finance leases, capitalized lease, and hire-purchase agreement. Applicable to all industries. If Lease liability issue | 0.0 | 0.6 | 1.0 | 1.6 | 6.5 |
| Other Financing Cash Flow - Increase/(Decrease) | — | — | — | — | — |
| Net Cash Flow from Financing Activities | (1,091.6) | 3,383.7 | (117.7) | (620.6) | (43.8) |
| Net Change in Cash - Total | (22.6) | (38.7) | (0.7) | (114.4) | 173.4 |
| Net Cash from Continuing Operations | (22.6) | (38.7) | (0.7) | (114.4) | 173.4 |
| Net Cash - Beginning Balance | 71.2 | 109.9 | 110.5 | 224.9 | 51.5 |
| Net Cash - Ending Balance | 48.6 | 71.2 | 109.9 | 110.5 | 224.9 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 145.0 | 180.6 | 126.4 | 178.0 | 130.1 |
| Interest Paid - Cash Flow - Supplemental | 831.0 | 783.5 | 653.6 | 398.1 | 267.5 |
| CF from Optg Activities before Change in WC & Int Payments | 1,094.7 | 587.6 | 1,299.9 | 1,088.7 | 655.1 |
| Depreciation, Depletion & Amortization - Cash Flow | 209.7 | 197.8 | 183.6 | 159.2 | 149.8 |
| Free Cash Flow to Equity | (22.5) | 34.1 | 83.2 | (55.3) | 231.1 |
| Free Cash Flow Net of Dividends | 749.8 | (3,533.0) | 61.3 | 409.5 | 154.9 |
| Free Cash Flow | 749.9 | (3,467.9) | 126.5 | 466.4 | 212.5 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.