Oil & Gas Exploration Companies
OGDC Oil & Gas Development Company Limited
Latest results: FY2026 · Jun 2026
Last close · 16 Oct 2026
Rs 299.10 -1.04%
Financials
Oil & Gas Development Company Limited (OGDC) financials
20 years of annual results (FY2007 – FY2026), 80 quarters.
Oil & Gas Development Company Limited (OGDC) reported revenue of Rs 449.2 bn for FY2026 (Jul 2025 – Jun 2026), up 12.0% from FY2025.
Profit attributable to shareholders was Rs 242.4 bn (EPS Rs 56.35), up 42.7%, a net margin of 54.0%.
It declared a dividend of Rs 17.00 per share for FY2026 and has paid a dividend in each of the last 20 years.
The balance sheet showed net cash of Rs 330.5 bn.
Return on equity was 16.9%.
Over the last five years revenue grew at a compound 13.4% a year.
At Rs 299.10 (close on 16 Oct 2026) the shares trade at 5.3× earnings (FY2026) and 0.85× book value, with a dividend yield of 5.7%.
Fundamentals
OGDC at a glance
Revenue · FY2026
Rs 449.2 bn
▲ 12.0% year on year
Profit attributable to shareholders · FY2026
Rs 242.4 bn
▲ 42.7% year on year
EPS – basic (Rs) · FY2026
Rs 56.35
▲ 42.7% year on year
Dividend per share (Rs) · FY2026
Rs 17.00
▲ 13.0% year on year
Net margin · FY2026
54.0%
+11.6 pts year on year
Debt to equity · FY2026
0.1%
-0.1 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 449.2 bn
- Profit attributable · FY2026
- Rs 242.4 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 1.85 tn
- Equity · FY2026
- Rs 1.52 tn
Financial highlights
OGDC financial results
| 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 | FY2021 * Jul 2020 – Jun 2021 | FY2020 * Jul 2019 – Jun 2020 | FY2019 * Jul 2018 – Jun 2019 | FY2018 * Jul 2017 – Jun 2018 | FY2017 Jul 2016 – Jun 2017 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 449.2 | 401.2 | 463.7 | 413.6 | 335.5 | 239.1 | 232.9 | 261.5 | 205.3 | 171.8 |
| Gross profit | 247.3 | 231.9 | 285.0 | 276.3 | 217.9 | 139.7 | 138.9 | 167.2 | 121.9 | 95.2 |
| Operating profit | 188.7 | 185.1 | 239.3 | 223.5 | 182.7 | 108.8 | 110.5 | 139.5 | 94.0 | 71.3 |
| Profit after tax | 225.8 | 157.2 | 195.8 | 214.1 | 129.7 | 85.2 | 94.9 | 113.5 | 75.7 | 62.0 |
| Profit attributable to shareholders | 242.4 | 169.9 | 209.0 | 224.6 | 133.8 | 91.5 | 100.9 | 118.4 | 78.7 | 63.8 |
| EPS – basic (Rs) Rs | 56.35 | 39.50 | 48.59 | 52.23 | 31.11 | 21.28 | 23.47 | 27.53 | 18.31 | 14.83 |
| Dividend per share (Rs) Rs | 17.00 | 15.05 | 10.10 | 8.55 | 7.25 | 6.90 | 6.75 | 11.00 | 10.00 | 6.00 |
| Total assets | 1,852.8 | 1,654.6 | 1,604.3 | 1,424.1 | 1,130.0 | 956.0 | 889.0 | 766.6 | 666.5 | 627.3 |
| Total equity | 1,519.6 | 1,348.2 | 1,250.5 | 1,082.9 | 875.4 | 769.6 | 710.6 | 625.4 | 550.6 | 513.0 |
| Total debt | 2.0 | 3.0 | — | — | — | — | — | — | — | — |
| Net cash from operating activities | 312.7 | 117.7 | 148.1 | 52.6 | 86.0 | 48.3 | 26.8 | 80.7 | 58.9 | 60.2 |
| Capital expenditure | (108.2) | (73.3) | (45.4) | (13.2) | (25.1) | (19.2) | (33.5) | (25.0) | (17.5) | (39.8) |
| Free cash flow (operating cash flow − capex) | 204.5 | 44.5 | 102.7 | 39.4 | 60.8 | 29.2 | (6.6) | 55.7 | 41.4 | 20.4 |
| Rs bn | 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 | 449.2 | 149.1 | 107.3 | 96.6 | 96.2 | 90.3 | 104.5 | 100.4 | 106.0 |
| Gross profit | 246.8 | 80.4 | 62.9 | 47.2 | 56.3 | 44.3 | 59.9 | 61.6 | 65.8 |
| Operating profit | 193.3 | 61.3 | 50.8 | 33.3 | 47.8 | 35.3 | 47.8 | 51.8 | 55.8 |
| Profit after tax | 225.8 | 119.7 | 38.3 | 32.7 | 35.1 | 35.2 | 44.2 | 40.0 | 37.8 |
| Profit attributable to shareholders | 242.4 | 127.1 | 42.2 | 34.7 | 38.3 | 40.3 | 47.1 | 41.4 | 41.0 |
| EPS – basic (Rs) Rs | 56.35 | 29.55 | 9.82 | 8.07 | 8.91 | 9.37 | 10.96 | 9.63 | 9.54 |
| Dividend per share (Rs) Rs | 17.00 | 6.00 | 3.25 | 4.25 | 3.50 | 5.00 | 3.00 | 4.05 | 3.00 |
| Total assets | 1,852.8 | 1,852.8 | 1,719.4 | 1,686.6 | 1,677.9 | 1,654.6 | 1,606.7 | 1,597.0 | 1,597.1 |
| Total equity | 1,519.6 | 1,519.6 | 1,407.3 | 1,383.6 | 1,386.0 | 1,348.2 | 1,332.9 | 1,302.9 | 1,291.4 |
| Total debt | 2.0 | 2.0 | 2.3 | 2.5 | 2.8 | 3.0 | — | — | — |
| Net cash from operating activities | 312.8 | 124.4 | 51.4 | 114.3 | 22.6 | 48.8 | 0.5 | 33.9 | 34.5 |
| Capital expenditure | (108.2) | (27.0) | (27.3) | (24.7) | (29.2) | (30.3) | (12.7) | (21.0) | (9.2) |
| Free cash flow (operating cash flow − capex) | 204.6 | 97.4 | 24.2 | 89.6 | (6.6) | 18.5 | (12.2) | 12.9 | 25.3 |
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 15 Oct 2026.