NONS Noon Sugar Mills Limited
Latest results: FY2025 · Sep 2025 Q3 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 83.70 +1.21%
Quarterly · Q4 FY2021 – Q3 FY2026
Noon Sugar Mills Limited (NONS) quarterly cash flow statement
Operating activities generated Rs 1.5 bn of cash in Q3 FY2026 (Apr – Jun 2026), down 18.7% on Q3 FY2025. Capital expenditure was Rs 365.6 mn, leaving free cash flow of Rs 1.1 bn. Dividends paid to shareholders came to Rs 0. Overall, cash decreased by Rs 213.3 mn.
| Rs mn | TTM to Jun 2026 | Q3 FY2026 Apr – Jun 2026 | Q2 FY2026 Jan – Mar 2026 | Q1 FY2026 Oct – Dec 2025 | Q4 FY2025 Jul – Sep 2025 | Q3 FY2025 Apr – Jun 2025 | Q2 FY2025 Jan – Mar 2025 | Q1 FY2025 Oct – Dec 2024 | Q4 FY2024 Jul – Sep 2024 | Q3 FY2024 Apr – Jun 2024 | Q2 FY2024 Jan – Mar 2024 | Q1 FY2024 Oct – Dec 2023 | Q4 FY2023 Jul – Sep 2023 | Q3 FY2023 Apr – Jun 2023 | Q2 FY2023 Jan – Mar 2023 | Q1 FY2023 Oct – Dec 2022 | Q4 FY2022 Jul – Sep 2022 | Q3 FY2022 Apr – Jun 2022 | Q2 FY2022 Jan – Mar 2022 | Q1 FY2022 Oct – Dec 2021 | Q4 FY2021 Jul – Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | 470.4 | (185.6) | 56.1 | 162.2 | 437.7 | 177.5 | 47.7 | 160.0 | (907.8) | 32.8 | 154.5 | 240.6 | 259.1 | 92.5 | 72.8 | 102.2 | 250.4 | 163.0 | 153.8 | 89.7 | 128.5 |
| Depreciation & amortisation | 355.7 | 125.2 | 114.6 | 115.3 | 0.6 | 117.3 | 46.7 | 45.1 | 48.9 | 50.1 | 50.0 | 48.8 | 52.1 | 49.1 | 42.8 | 39.6 | 39.8 | 42.6 | 39.0 | 37.8 | 37.9 |
| Net cash from operating activities | (1,211.6) | 1,459.3 | (5,713.1) | 1,193.0 | 1,849.2 | 1,794.8 | (2,941.8) | 973.9 | 2,023.2 | 880.4 | (3,880.3) | (505.7) | 2,611.4 | 2,086.2 | (1,917.3) | (2,211.6) | 2,265.9 | 1,817.5 | (2,407.7) | (823.9) | 2,232.0 |
| Investing activities | |||||||||||||||||||||
| Capital expenditure | — | (365.6) | — | (276.5) | (227.3) | (46.4) | (573.9) | (78.6) | (582.6) | (330.9) | (203.2) | (868.8) | (279.2) | (236.8) | (28.1) | (87.9) | (125.3) | (19.5) | (169.2) | (71.2) | (120.3) |
| Net cash from investing activities | (594.9) | (56.1) | (36.5) | (274.9) | (227.3) | (48.6) | (566.2) | 235.0 | (525.0) | (353.6) | (183.9) | (877.4) | (83.6) | (238.2) | (26.2) | (103.5) | (123.4) | (18.5) | (132.2) | (71.4) | (108.3) |
| Financing activities | |||||||||||||||||||||
| Dividends paid | — | 0.0 | (65.0) | — | (0.0) | 0.0 | (0.0) | — | 0.0 | (0.0) | (65.1) | — | 0.0 | (0.1) | (65.1) | — | (0.0) | 0.0 | (56.9) | — | (0.1) |
| Borrowings raised / (repaid) | 1,534.0 | (1,616.4) | 4,461.9 | 847.9 | (2,159.4) | (1,341.5) | 2,277.4 | 132.0 | (1,675.6) | (347.9) | 4,011.9 | 1,460.3 | (2,539.1) | (1,869.7) | 1,766.2 | 2,590.0 | (2,147.5) | (1,865.5) | 2,116.1 | 1,333.3 | (2,009.0) |
| Net cash from financing activities | 1,469.0 | (1,616.4) | 4,397.0 | 847.9 | (2,159.5) | (1,341.5) | 2,277.3 | 132.0 | (1,675.6) | (348.0) | 3,946.8 | 1,460.3 | (2,539.1) | (1,869.8) | 1,701.2 | 2,590.0 | (2,147.5) | (1,865.5) | 2,059.2 | 1,333.3 | (2,009.1) |
| Net change in cash | (337.5) | (213.3) | (1,352.7) | 1,766.0 | (537.5) | 404.6 | (1,230.6) | 1,340.9 | (177.4) | 178.9 | (117.4) | 77.2 | (11.3) | (21.8) | (242.4) | 274.9 | (5.0) | (66.5) | (480.8) | 437.9 | 114.5 |
| Key figures | |||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | — | 1,093.7 | — | 916.5 | 1,621.9 | 1,748.4 | (3,515.7) | 895.3 | 1,440.6 | 549.6 | (4,083.5) | (1,374.5) | 2,332.1 | 1,849.4 | (1,945.5) | (2,299.5) | 2,140.6 | 1,798.0 | (2,576.9) | (895.2) | 2,111.7 |
| Rs mn | Q3 FY2026 Apr – Jun 2026 | Q2 FY2026 Jan – Mar 2026 | Q1 FY2026 Oct – Dec 2025 | Q4 FY2025 Jul – Sep 2025 | Q3 FY2025 Apr – Jun 2025 | Q2 FY2025 Jan – Mar 2025 | Q1 FY2025 Oct – Dec 2024 | Q4 FY2024 Jul – Sep 2024 | Q3 FY2024 Apr – Jun 2024 | Q2 FY2024 Jan – Mar 2024 | Q1 FY2024 Oct – Dec 2023 | Q4 FY2023 Jul – Sep 2023 | Q3 FY2023 Apr – Jun 2023 | Q2 FY2023 Jan – Mar 2023 | Q1 FY2023 Oct – Dec 2022 | Q4 FY2022 Jul – Sep 2022 | Q3 FY2022 Apr – Jun 2022 | Q2 FY2022 Jan – Mar 2022 | Q1 FY2022 Oct – Dec 2021 | Q4 FY2021 Jul – Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | -204.6% | +17.5% | +1.4% | — | +441.5% | -69.1% | -33.5% | -450.4% | -64.6% | +112.4% | +135.5% | +3.5% | -43.2% | -52.7% | +13.9% | +94.9% | +81.8% | +84.4% | +18.7% | +99.6% |
| Depreciation & amortisation | +6.7% | +145.6% | +155.5% | -98.7% | +134.3% | -6.8% | -7.5% | -6.0% | +2.0% | +16.8% | +23.3% | +30.7% | +15.2% | +9.9% | +4.8% | +5.1% | +13.5% | -14.7% | +31.6% | +5.2% |
| Net cash from operating activities | -18.7% | — | +22.5% | -8.6% | +103.9% | — | — | -22.5% | -57.8% | — | — | +15.2% | +14.8% | — | — | +1.5% | +151.1% | — | — | +119.2% |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | +687.8% | — | +251.7% | -61.0% | -86.0% | +182.4% | -91.0% | +108.6% | +39.7% | +622.0% | +888.7% | +122.8% | +1,114.1% | -83.4% | +23.3% | +4.2% | -47.5% | +188.7% | +264.6% | +66.6% |
| Net cash from investing activities | — | — | -217.0% | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | — | +2,166,166.7% | — | — | -100.0% | -100.0% | — | — | -72.1% | -0.0% | — | -100.0% | — | +14.3% | — | -99.1% | -100.0% | +0.2% | — | +156.8% |
| Borrowings raised / (repaid) | — | +95.9% | +542.1% | — | — | -43.2% | -91.0% | — | — | +127.1% | -43.6% | — | — | -16.5% | +94.3% | — | — | +36.7% | +5.2% | — |
| Net cash from financing activities | — | +93.1% | +542.1% | — | — | -42.3% | -91.0% | — | — | +132.0% | -43.6% | — | — | -17.4% | +94.3% | — | — | +38.1% | +5.2% | — |
| Net change in cash | -152.7% | — | +31.7% | — | +126.2% | — | +1,636.3% | — | — | — | -71.9% | — | — | — | -37.2% | -104.4% | — | — | +21.7% | — |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | -37.4% | — | +2.4% | +12.6% | +218.1% | — | — | -38.2% | -70.3% | — | — | +8.9% | +2.9% | — | — | +1.4% | +161.8% | — | — | +123.3% |
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 54
| Rs mn | Q3 FY2026 Apr – Jun 2026 | Q2 FY2026 Jan – Mar 2026 | Q1 FY2026 Oct – Dec 2025 | Q4 FY2025 Jul – Sep 2025 | Q3 FY2025 Apr – Jun 2025 | Q2 FY2025 Jan – Mar 2025 | Q1 FY2025 Oct – Dec 2024 | Q4 FY2024 Jul – Sep 2024 | Q3 FY2024 Apr – Jun 2024 | Q2 FY2024 Jan – Mar 2024 | Q1 FY2024 Oct – Dec 2023 | Q4 FY2023 Jul – Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | (185.6) | 56.1 | 162.2 | 437.7 | 177.5 | 47.7 | 160.0 | (907.8) | 32.8 | 154.5 | 240.6 | 259.1 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 366.7 | 321.0 | 247.4 | 69.1 | 326.5 | 133.0 | (112.0) | 292.4 | 453.2 | 370.5 | 132.1 | 132.0 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 0.8 | 9.7 | 2.9 | (7.1) | (10.0) | 1.6 | 4.3 | (10.2) | 6.8 | 4.1 | 4.4 | 0.9 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 248.0 | 201.9 | 129.3 | 75.6 | 219.2 | 86.8 | 152.2 | 290.0 | 396.3 | 316.8 | 81.3 | 80.7 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 125.2 | 114.6 | 115.3 | 0.6 | 117.3 | 46.7 | 45.1 | 48.9 | 50.1 | 50.0 | 48.8 | 52.1 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 125.2 | 114.6 | 115.3 | 0.6 | 117.3 | 46.7 | 45.1 | 48.9 | 50.1 | 50.0 | 48.8 | 52.1 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (7.2) | (5.2) | — | (0.1) | 0.0 | (2.1) | (313.7) | (36.3) | 0.0 | (0.5) | (2.5) | (1.6) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | (6.0) | 141.8 | 58.2 | 19.7 | (0.8) | 81.4 | 44.7 | 53.7 | (2.1) | 32.0 | 97.0 | 20.9 |
| Interest Paid - Cash | 107.8 | 143.7 | 138.8 | 225.9 | 157.6 | 65.2 | 385.6 | 457.0 | 163.7 | 84.3 | 80.2 | 281.1 |
| Interest & Dividends - Received - Total - Cash Flow | — | — | 0.1 | — | 1.1 | — | 2.2 | — | 0.0 | 1.1 | 0.6 | — |
| Cash Flow from Operating Activities before Changes in Working Capital | 79.3 | 91.6 | 212.8 | 261.3 | 348.3 | 34.1 | (380.1) | (1,126.0) | 324.4 | 409.8 | 196.0 | 89.1 |
| Working Capital - Increase/(Decrease) - Cash Flow | 1,380.0 | (5,804.7) | 980.2 | 1,587.9 | 1,446.5 | (2,975.9) | 1,354.0 | 3,149.2 | 556.0 | (4,290.1) | (701.6) | 2,522.3 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | 230.4 | 30.9 | (104.4) | 205.5 | (312.0) | (61.0) | 534.3 | 417.8 | (836.0) | (9.5) | 17.4 | 506.1 |
| Inventories - Decrease/(Increase) - Cash Flow | 1,648.0 | (5,644.7) | 913.8 | 1,594.7 | 2,693.4 | (4,243.4) | 957.0 | 3,492.6 | 1,714.6 | (5,078.5) | (810.0) | 2,181.9 |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | 2.2 | 0.2 | (3.6) | 6.8 | (0.3) | (13.7) | 2.4 | 7.4 | (0.1) | (8.9) | 2.1 | 6.5 |
| Other Assets - Decrease/(Increase) - Cash Flow | 286.1 | 174.4 | 3.7 | (50.4) | 148.5 | 489.7 | (653.6) | (41.9) | (143.5) | 401.8 | (209.4) | (0.2) |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | (786.7) | (365.5) | 170.7 | (168.7) | (1,083.1) | 852.5 | 513.8 | (688.3) | (213.3) | 401.0 | 298.3 | (154.7) |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | — | — | — | — | — | — | — | (38.4) | 34.3 | 4.1 | — | (17.4) |
| Net Cash Flow from Operating Activities | 1,459.3 | (5,713.1) | 1,193.0 | 1,849.2 | 1,794.8 | (2,941.8) | 973.9 | 2,023.2 | 880.4 | (3,880.3) | (505.7) | 2,611.4 |
| Capital Expenditures - Net - Cash Flow | 357.0 | (266.0) | 276.5 | 227.2 | 46.4 | 569.8 | (236.4) | 537.6 | 330.9 | 198.2 | 865.6 | 81.1 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 357.0 | (266.0) | 276.5 | 220.0 | 46.4 | 569.8 | (236.4) | 537.6 | 330.9 | 198.2 | 865.6 | 271.1 |
| Property, Plant & Equipment - Purchased - Cash Flow | 365.6 | — | 276.5 | 220.0 | 46.4 | 573.9 | 78.6 | 582.6 | 330.9 | 203.2 | 868.8 | 279.2 |
| Property, Plant & Equipment Sold - Cash Flow | 8.6 | 266.0 | — | 0.1 | 0.0 | 4.1 | 315.0 | 45.1 | — | 5.0 | 3.2 | 8.1 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | — | — | — | 7.3 | — | — | — | — | — | — | — | (190.0) |
| Intangible Assets - Purchased/Acquired - Cash Flow | — | — | — | 7.3 | — | — | — | — | — | — | — | — |
| Intangible Assets - Net - Cash Flow | — | — | — | — | — | — | — | — | — | — | — | (190.0) |
| Capital Expenditures - Total | 365.6 | — | 276.5 | 227.3 | 46.4 | 573.9 | 78.6 | 582.6 | 330.9 | 203.2 | 868.8 | 279.2 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | — | — | — | — | — | — | — | — | (0.0) | — | — | — |
| Investment Property excluded from Capital Expenditures - Sold/(Purchased) - Net - Cash Flow | — | — | — | — | — | — | — | — | (0.0) | — | — | — |
| Other Investing Cash Flow - Decrease/(Increase) | 300.8 | (302.5) | 1.6 | (0.1) | (2.2) | 3.6 | (1.4) | 12.6 | (22.7) | 14.3 | (11.8) | (2.5) |
| Net Cash Flow from Investing Activities | (56.1) | (36.5) | (274.9) | (227.3) | (48.6) | (566.2) | 235.0 | (525.0) | (353.6) | (183.9) | (877.4) | (83.6) |
| Dividends Paid - Cash - Total - Cash Flow | 0.0 | 65.0 | — | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | 65.1 | — | 0.0 |
| Dividends - Common - Cash Paid | 0.0 | 65.0 | — | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | 65.1 | — | 0.0 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | (1,616.4) | 4,461.9 | 847.9 | (2,159.4) | (1,341.5) | 2,277.4 | 132.0 | (1,675.6) | (347.9) | 4,011.9 | 1,460.3 | (2,539.1) |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | (1,513.7) | 4,520.3 | 881.3 | (2,081.7) | (1,341.5) | 2,277.4 | (1,117.2) | (1,925.5) | (347.9) | 4,012.5 | 1,460.3 | (2,501.3) |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (102.8) | (58.3) | (33.3) | (77.8) | 0.0 | 0.0 | 1,249.3 | 249.9 | 0.0 | (0.6) | (0.0) | (37.8) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | — | — | — | 0.0 | 0.0 | — | — | (0.1) | 0.0 | (0.6) | (0.0) | (0.3) |
| Debt - Issued - Long-Term - Cash Flow | 91.7 | — | — | 1,171.5 | — | — | — | 250.0 | — | — | — | — |
| Debt - Reduced - Long-Term - Cash Flow | 194.4 | — | — | 1,249.3 | 0.0 | — | — | 0.1 | 0.0 | 0.6 | 0.0 | 37.8 |
| 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 | 0.0 | — | — | 0.1 | 0.0 | 0.6 | 0.0 | 0.3 |
| Net Cash Flow from Financing Activities | (1,616.4) | 4,397.0 | 847.9 | (2,159.5) | (1,341.5) | 2,277.3 | 132.0 | (1,675.6) | (348.0) | 3,946.8 | 1,460.3 | (2,539.1) |
| Net Change in Cash - Total | (213.3) | (1,352.7) | 1,766.0 | (537.5) | 404.6 | (1,230.6) | 1,340.9 | (177.4) | 178.9 | (117.4) | 77.2 | (11.3) |
| Net Cash from Continuing Operations | (213.3) | (1,352.7) | 1,766.0 | (537.5) | 404.6 | (1,230.6) | 1,340.9 | (177.4) | 178.9 | (117.4) | 77.2 | (11.3) |
| Net Cash - Beginning Balance | 472.3 | 1,825.1 | 59.0 | 586.1 | 181.5 | 1,412.1 | 71.2 | 248.6 | 69.7 | 187.1 | 109.9 | 121.2 |
| Net Cash - Ending Balance | 259.1 | 472.3 | 1,825.1 | 48.6 | 586.1 | 181.5 | 1,412.1 | 71.2 | 248.6 | 69.7 | 187.1 | 109.9 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | (6.0) | 141.8 | 58.2 | 19.7 | (0.8) | 81.4 | 44.7 | 53.7 | (2.1) | 32.0 | 97.0 | 20.9 |
| Interest Paid - Cash Flow - Supplemental | 107.8 | 143.7 | 138.8 | 225.9 | 157.6 | 65.2 | 385.6 | 457.0 | 163.7 | 84.3 | 80.2 | 281.1 |
| Interest & Dividends - Received - Cash Flow - Supplemental | — | — | 0.1 | — | 1.1 | — | 2.2 | — | 0.0 | 1.1 | 0.6 | — |
| CF from Optg Activities before Change in WC & Int Payments | 187.2 | 235.2 | 351.5 | 487.2 | 505.9 | 99.3 | 5.6 | (669.0) | 488.1 | 494.1 | 276.2 | 370.2 |
| Contract Liabilities - Increase/(Decrease) - Cash Flow | — | — | — | — | — | — | — | (38.4) | 34.3 | 4.1 | — | (17.4) |
| Depreciation, Depletion & Amortization - Cash Flow | 125.2 | 114.6 | 115.3 | 0.6 | 117.3 | 46.7 | 45.1 | 48.9 | 50.1 | 50.0 | 48.8 | 52.1 |
| Free Cash Flow to Equity | (514.1) | (985.2) | 1,764.4 | (537.5) | 406.8 | (1,234.2) | 1,342.3 | (189.9) | 201.6 | (66.6) | 89.0 | (8.8) |
| Free Cash Flow Net of Dividends | 1,093.7 | (5,778.1) | 916.5 | 1,621.9 | 1,748.4 | (3,515.7) | 895.3 | 1,440.6 | 549.5 | (4,148.5) | (1,374.5) | 2,332.1 |
| Free Cash Flow | 1,093.7 | (5,713.1) | 916.5 | 1,621.9 | 1,748.4 | (3,515.7) | 895.3 | 1,440.6 | 549.6 | (4,083.5) | (1,374.5) | 2,332.1 |
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.