Last close · 16 Oct 2026
Rs 10.22 +3.65%
Annual · FY2007 – FY2026
Pace (Pakistan) Limited (PACE) income statement
Pace (Pakistan) Limited reported revenue of Rs 792.2 mn for FY2026 (Jul 2025 – Jun 2026), down 32.1% on FY2025. Gross profit came to Rs 483.2 mn, a gross margin of 61.0%. Operating profit was Rs 1.5 bn (an operating margin of 185.9%). Finance cost was Rs 138.9 mn, down 48.4% on FY2025. Tax of Rs 133.7 mn took 9.1% of pre-tax profit. Profit attributable to shareholders was Rs 1.2 bn, or Rs 3.98 per share.
| 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 | 792.2 | 1,166.9 | 1,780.6 | 241.8 | 1,256.3 | |||||||||||||||
| Cost of revenue | (309.0) | (702.4) | (1,303.7) | (118.8) | (903.3) | |||||||||||||||
| Gross profit | 483.2 | 464.5 | 476.9 | 123.0 | 353.1 | |||||||||||||||
| Selling, general & administrative expenses | (233.4) | (254.9) | (306.0) | (328.9) | (275.7) | |||||||||||||||
| Operating profit | 1,472.4 | 253.5 | 361.5 | (98.0) | 377.0 | |||||||||||||||
| Finance cost | (138.9) | (269.0) | (253.3) | (182.4) | (156.0) | |||||||||||||||
| Profit before tax | 1,473.7 | (83.1) | 807.8 | (1,674.7) | (593.4) | |||||||||||||||
| Taxation | (133.7) | (4.5) | 363.5 | (3.0) | (51.2) | |||||||||||||||
| Profit after tax | 1,339.9 | (87.6) | 1,171.3 | (1,677.7) | (644.7) | |||||||||||||||
| Profit attributable to shareholders | 1,186.5 | (317.8) | 980.9 | (1,732.3) | (725.5) | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EPS – basic (Rs) Rs | 3.98 | (1.07) | 3.52 | (6.21) | (2.60) | |||||||||||||||
| EPS – diluted (Rs) Rs | 3.98 | (1.07) | 3.52 | (6.21) | (2.60) | |||||||||||||||
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |||||||||||||||
| EBITDA | 1,511.0 | 296.3 | 390.8 | (68.9) | 412.3 | |||||||||||||||
| Depreciation & amortisation | 38.6 | 42.8 | 29.3 | 29.1 | 35.3 | |||||||||||||||
| Weighted average shares mn | 297.9 | 297.9 | 278.9 | 278.9 | 278.9 | |||||||||||||||
| 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 | -32.1% | -34.5% | +636.4% | -80.8% | +487.0% | |||||||||||||||
| Cost of revenue | -56.0% | -46.1% | +997.5% | -86.8% | +1,092.2% | |||||||||||||||
| Gross profit | +4.0% | -2.6% | +287.6% | -65.2% | +155.4% | |||||||||||||||
| Selling, general & administrative expenses | -8.4% | -16.7% | -7.0% | +19.3% | +48.0% | |||||||||||||||
| Operating profit | +480.9% | -29.9% | — | -126.0% | — | |||||||||||||||
| Finance cost | -48.4% | +6.2% | +38.9% | +16.9% | +16.3% | |||||||||||||||
| Profit before tax | — | -110.3% | — | — | — | |||||||||||||||
| Taxation | +2,871.9% | — | -12,125.9% | -94.1% | +1,572.7% | |||||||||||||||
| Profit after tax | — | -107.5% | — | — | — | |||||||||||||||
| Profit attributable to shareholders | — | -132.4% | — | — | — | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EPS – basic (Rs) | — | -130.3% | — | — | — | |||||||||||||||
| EPS – diluted (Rs) | — | -130.3% | — | — | — | |||||||||||||||
| Dividend per share (Rs) | — | — | — | — | — | |||||||||||||||
| EBITDA | +410.0% | -24.2% | — | -116.7% | — | |||||||||||||||
| Depreciation & amortisation | -9.9% | +46.1% | +0.6% | -17.5% | +2.9% | |||||||||||||||
| Weighted average shares | — | — | — | — | — | |||||||||||||||
Change against the previous fiscal year; shown when the earlier figure is positive.
| 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 | (39.0%) | (60.2%) | (73.2%) | (49.1%) | (71.9%) | |||||||||||||||
| Gross profit | 61.0% | 39.8% | 26.8% | 50.9% | 28.1% | |||||||||||||||
| Selling, general & administrative expenses | (29.5%) | (21.8%) | (17.2%) | (136.0%) | (21.9%) | |||||||||||||||
| Operating profit | 185.9% | 21.7% | 20.3% | (40.5%) | 30.0% | |||||||||||||||
| Finance cost | (17.5%) | (23.1%) | (14.2%) | (75.4%) | (12.4%) | |||||||||||||||
| Profit before tax | 186.0% | (7.1%) | 45.4% | (692.6%) | (47.2%) | |||||||||||||||
| Taxation | (16.9%) | (0.4%) | 20.4% | (1.3%) | (4.1%) | |||||||||||||||
| Profit after tax | 169.1% | (7.5%) | 65.8% | (693.8%) | (51.3%) | |||||||||||||||
| Profit attributable to shareholders | 149.8% | (27.2%) | 55.1% | (716.4%) | (57.7%) | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EBITDA | 190.7% | 25.4% | 21.9% | (28.5%) | 32.8% | |||||||||||||||
| Depreciation & amortisation | 4.9% | 3.7% | 1.6% | 12.0% | 2.8% | |||||||||||||||
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 144
| 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 from Goods & Services | 792.2 | 1,166.9 | 1,780.6 | 241.8 | 1,256.3 |
| Sales of Goods & Services - Net - Unclassified | 792.2 | 1,166.9 | 1,780.6 | 241.8 | 1,256.3 |
| Sales Returns, Allowances & Other Revenue Adjustments | — | — | — | — | — |
| Gross Revenue from Business Activities - Total | — | — | — | — | — |
| Revenue from Business Activities - Total | 792.2 | 1,166.9 | 1,780.6 | 241.8 | 1,256.3 |
| Cost of Operating Revenue | 309.0 | 702.4 | 1,303.7 | 118.8 | 903.3 |
| Cost of Revenues - Total | 309.0 | 702.4 | 1,303.7 | 118.8 | 903.3 |
| Cost of Revenues - Unclassified | — | — | — | — | — |
| Selling, General & Administrative Expenses - Total | 233.4 | 254.9 | 306.0 | 328.9 | 275.7 |
| Selling, General & Administrative Expenses - Unclassified | 227.2 | 230.9 | 84.8 | 112.2 | 266.3 |
| Depreciation in Cost of Revenues | 23.3 | 18.3 | 18.7 | 22.9 | 26.0 |
| Depreciation in Selling, General & Administrative Expenses | 6.2 | 24.0 | 10.2 | 5.7 | 8.8 |
| Labor & Related Expenses including Stock-Based Compensation in Cost of Revenues | — | — | — | — | — |
| Amortization of Intangibles in Selling, General & Administrative Expenses | — | — | 0.5 | 0.5 | 0.5 |
| Material Expenses | — | — | — | — | — |
| Other Operating Expense/(Income) - Net | (1,222.7) | (43.9) | (190.6) | (107.9) | (299.6) |
| Other Operating Income - Total | 1,222.7 | 43.9 | 202.5 | 107.9 | 299.6 |
| Materials Purchased | — | — | — | — | — |
| Cost of Revenues - Other - Total | 285.7 | 684.0 | 1,285.0 | 95.8 | 877.3 |
| Gross Profit - Industrials/Property - Total | 483.2 | 464.5 | 476.9 | 123.0 | 353.1 |
| Operating Expenses - Total | (680.3) | 913.4 | 1,419.1 | 339.8 | 879.3 |
| Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses | — | — | — | — | — |
| Selling, General & Administrative Expenses - Other - Total | — | — | 210.5 | 210.5 | — |
| Advertising Expense | — | — | — | — | — |
| Operations & Maintenance (Utility) | — | — | — | — | — |
| Operating Profit before Non-Recurring Income/(Expense) | 1,472.4 | 253.5 | 361.5 | (98.0) | 377.0 |
| Financing Income/(Expense) - Net - Total | (41.2) | (276.9) | (103.3) | (1,603.9) | (974.8) |
| Interest Expense - Net of (Interest Income) | 138.9 | 132.6 | 248.0 | 182.3 | 155.7 |
| Other Operating Expense | — | — | 11.9 | 0.0 | 0.0 |
| Occupancy Expense - Other | — | — | — | — | — |
| Interest Expense - Net of Capitalized Interest | 138.9 | 269.0 | 253.3 | 182.4 | 156.0 |
| Operating Provisions - Increase/(Decrease) | — | — | — | — | — |
| Provision for Doubtful Accounts & Write-off | — | — | 210.5 | 210.5 | — |
| Non-Interest Financial Income/(Expense) - Total | 97.6 | (144.3) | 144.7 | (1,421.6) | (819.0) |
| Non-Interest Financial Income/(Expense) - Other - Net | (0.6) | (49.2) | (8.8) | (0.2) | (0.2) |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | — | — | 1.7 | 0.0 | 6.6 |
| Equity Earnings/(Loss) - before Taxes including Non-Recurring | — | — | — | — | — |
| Other Non-Operating Income/(Expense) - Total | 0.0 | (14.6) | 553.3 | — | 0.0 |
| Non-Operating Rental Income | — | — | — | — | — |
| Supplementary Adjustments - Non-Operating - Decrease/(Increase) | — | — | — | — | — |
| Foreign Exchange Gain/(Loss) - Non-Business | 98.2 | (95.1) | 153.5 | (1,421.4) | (818.9) |
| Normalized Pre-tax Profit | 1,431.2 | (38.0) | 813.2 | (1,701.8) | (591.1) |
| Non-Recurring Income/Expense - Total | 42.4 | (45.1) | (5.4) | 27.2 | (2.3) |
| Impairment - Tangible & Intangible Fixed Assets | — | — | — | 0.0 | 11.9 |
| Impairment - Fixed Assets | — | — | — | 0.0 | 11.9 |
| Interest Income - Non-Bank | — | 136.4 | 5.3 | 0.1 | 0.3 |
| Impairment - Investment Property | — | — | — | — | — |
| Impairment - Financial Investments | 0.1 | 0.1 | — | — | — |
| Sale of Investments Held for Sale, Maturity & Trading - Gain/(Loss) | — | — | — | — | — |
| Early Extinguishment of Lease Related Debts - Gain/(Loss) | — | — | 1.4 | 12.6 | — |
| Fair Value Adjustments - Investment Property | 42.5 | 5.7 | (6.8) | 14.6 | 9.6 |
| Non-Recurring Income/(Expense) - Other - Total | — | — | — | — | — |
| Provision for Income Tax Expense- Unclassified | 133.7 | 4.5 | (363.5) | 3.0 | — |
| Income before Taxes | 1,473.7 | (83.1) | 807.8 | (1,674.7) | (593.4) |
| Equity in Earnings/(Loss) of Affiliates (after Taxes) | 35.8 | — | (163.3) | (54.6) | (80.8) |
| Income Taxes | 133.7 | 4.5 | (363.5) | 3.0 | 51.2 |
| Income Taxes for the Year - Current | — | — | — | — | 25.1 |
| Income Taxes - Domestic - Current | — | — | — | — | — |
| Income Taxes - Other (KFAS/NLST) - Current | — | — | — | — | — |
| Income Taxes - Deferred | — | — | — | — | 26.2 |
| Income Taxes - Domestic - Deferred | — | — | — | — | 26.2 |
| Income Taxes - Other - Deferred | — | — | — | — | — |
| Income Taxes - Other (by Type) | — | — | — | — | — |
| Valuation of Inventory - Gain/(Loss) | 0.0 | (50.7) | — | — | — |
| Net Income after Tax | 1,339.9 | (87.6) | 1,171.3 | (1,677.7) | (644.7) |
| Income before Discontinued Operations & Extraordinary Items | 1,375.7 | (87.6) | 1,008.0 | (1,732.3) | (725.5) |
| Net Income before Minority Interest | 1,228.7 | (528.4) | 1,008.0 | (1,732.3) | (725.5) |
| Minority Interest | 42.2 | (210.7) | 27.1 | 0.0 | 0.0 |
| Net Income after Minority Interest | 1,186.5 | (317.8) | 980.9 | (1,732.3) | (725.5) |
| Income Available to Common Shares | 1,186.5 | (317.8) | 980.9 | (1,732.3) | (725.5) |
| Extraordinary Activities - after Tax - Gain/(Loss) | (147.0) | (440.8) | — | — | — |
| Discontinued Operations - Net of Taxes - Total - Income/(Expense) | (147.0) | (440.8) | — | — | — |
| Discontinued Operations - Net - Income/(Expense) | (147.0) | (440.8) | — | — | — |
| Earnings Adjustments to Net Income - Other Expense/(Income) | — | (0.0) | — | — | — |
| DPS - Common - Gross - Issue - By Period End Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 1,186.5 | (317.8) | 980.9 | (1,732.3) | (725.5) |
| Income available to Common excluding Extraordinary Items | 1,333.5 | 123.1 | 980.9 | (1,732.3) | (725.5) |
| Shares used to calculate Basic EPS - Total mn | 297.9 | 297.9 | 278.9 | 278.9 | 278.9 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 3.98 | (1.07) | 3.52 | (6.21) | (2.60) |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 4.48 | 0.41 | 3.52 | (6.21) | (2.60) |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | 4.33 | 0.56 | 3.54 | (6.31) | (2.59) |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 1,186.5 | (317.8) | 980.9 | (1,732.3) | (725.5) |
| 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 | 297.9 | 297.9 | 278.9 | 278.9 | 278.9 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 3.98 | (1.07) | 3.52 | (6.21) | (2.60) |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 4.48 | 0.41 | 3.52 | (6.21) | (2.60) |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | 4.33 | 0.56 | 3.54 | (6.31) | (2.59) |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | (0.49) | (1.48) | 0.00 | 0.00 | 0.00 |
| Dilution Adjustment | — | — | — | — | — |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | 1,186.5 | (317.8) | 980.9 | (1,732.3) | (725.5) |
| Diluted Income available to Common excluding Extraordinary Items | 1,333.5 | 123.1 | 980.9 | (1,732.3) | (725.5) |
| Shares used to calculate Diluted EPS - Total mn | 297.9 | 297.9 | 278.9 | 278.9 | 278.9 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 3.98 | (1.07) | 3.52 | (6.21) | (2.60) |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 4.48 | 0.41 | 3.52 | (6.21) | (2.60) |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | 4.33 | 0.56 | 3.54 | (6.31) | (2.59) |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 1,186.5 | (317.8) | 980.9 | (1,732.3) | (725.5) |
| 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 | 297.9 | 297.9 | 278.9 | 278.9 | 278.9 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 3.98 | (1.07) | 3.52 | (6.21) | (2.60) |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 4.48 | 0.41 | 3.52 | (6.21) | (2.60) |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | 4.33 | 0.56 | 3.54 | (6.31) | (2.59) |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | (0.49) | (1.48) | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Earnings before Interest & Taxes (EBIT) | 1,472.4 | 253.5 | 361.5 | (98.0) | 377.0 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 1,511.0 | 296.3 | 390.8 | (68.9) | 412.3 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments | — | — | — | — | — |
| Depreciation & Amortization - Supplemental | 29.5 | 42.3 | 29.3 | 29.1 | 35.3 |
| Depreciation Expense - Total - Supplemental | 29.5 | 42.3 | 28.8 | 28.6 | 34.8 |
| Depreciation - Financial Lease Right-of-Use Assets - Supplemental | 4.8 | 4.8 | 4.8 | 8.1 | 9.9 |
| Amortization - Total - Supplemental | — | — | 0.5 | 0.5 | 0.5 |
| Intangible Amortization - Other - Supplemental | — | — | — | — | — |
| Depreciation, Depletion & Amortization - Total | 38.6 | 42.8 | 29.3 | 29.1 | 35.3 |
| Depreciation - Total | 29.5 | 42.3 | 28.8 | 28.6 | 34.8 |
| Amortization of Intangible Assets including Goodwill - Total | — | — | — | — | — |
| Amortization of Intangible Assets excluding Goodwill - Total | 9.1 | 0.5 | 0.5 | 0.5 | 0.5 |
| Labor & Related Expenses - Total | — | — | — | — | — |
| Labor & Related Expenses - Supplemental | — | — | — | — | — |
| Auditor Fees | — | — | — | — | — |
| Audit-Related Fees | — | — | — | — | — |
| Fees - Other | — | — | — | — | — |
| Normalized after Tax Profit | 1,297.5 | (42.5) | 1,176.7 | (1,704.9) | (642.4) |
| Normalized Net Income from Continuing Operations | 1,333.3 | (42.5) | 1,013.4 | (1,759.5) | (723.2) |
| Normalized Net Income - Bottom Line | 1,291.0 | 168.2 | 986.3 | (1,759.5) | (723.2) |
| Earnings before Interest & Taxes (EBIT) - Normalized | 1,570.1 | 94.6 | 1,061.2 | (1,519.6) | (435.4) |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | 1,608.6 | 137.4 | 1,090.5 | (1,490.5) | (400.1) |
| Interest Expense on Financial Lease Liabilities - Supplemental | 32.4 | 31.2 | 24.8 | 24.7 | 24.6 |
| Rental/Operating Lease Expense | — | — | — | — | — |
| Advertising Expenses - Supplemental | — | — | — | — | — |
| Interest Expense | 138.9 | 269.0 | 253.3 | 182.4 | 156.0 |
| Operating Expenses | (680.3) | 913.4 | 1,419.1 | 339.8 | 879.3 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 233.4 | 254.9 | 306.0 | 328.9 | 275.7 |
| Income before Taxes & Provision for Loan Losses | 1,473.7 | (83.1) | 807.8 | (1,674.7) | (593.4) |
| Cost of Revenue including Operation & Maintenance (Utility) - Total | 309.0 | 702.4 | 1,303.7 | 118.8 | 903.3 |
| Cost of Revenues excluding Depreciation | 285.7 | 684.0 | 1,285.0 | 95.8 | 877.3 |
| Generation Cost | — | — | — | — | — |
| DPS - Common - Gross - Issue - By Payable Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Tax Adjusted Operating Income | 1,312.7 | — | 1,348.2 | — | — |
| Operating Expenses excluding Non-Cash Charges - Total | (718.8) | 870.6 | 1,389.8 | 310.7 | 844.0 |
| Income Available to Common Shares before Depreciation & Amortization | 1,225.1 | (275.0) | 1,010.2 | (1,703.2) | (690.2) |
| Fixed Charges | 138.9 | 269.0 | 253.3 | 182.4 | 156.0 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.