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PAKOXY Pakistan Oxygen Limited

Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026

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Last close · 16 Oct 2026

Rs 371.50 +6.53%

Annual · FY2007 – FY2025

Pakistan Oxygen Limited (PAKOXY) balance sheet

At the end of FY2025 (Jan – Dec 2025) Pakistan Oxygen Limited had total assets of Rs 20.6 bn, up 7.9% on FY2024. Current assets of Rs 6.3 bn covered current liabilities of Rs 5.0 bn 1.26 times. Total debt was Rs 4.0 bn, net debt Rs 2.7 bn. Shareholders' equity was Rs 11.7 bn (Rs 134.60 per share), 56.9% of total assets.

PAKOXY balance sheet (annual) (Rs bn)
Rs bn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Assets
Cash & short-term investments 1.3 0.6 0.4 0.5 0.4
Trade receivables 2.2 1.8 1.3 0.8 0.7
Inventories 1.5 1.3 1.4 1.7 1.3
Other current assets — — — — —
Total current assets 6.3 5.5 5.0 5.2 3.8
Property, plant & equipment 14.2 13.4 13.5 12.1 5.9
Intangible assets 0.0 0.0 0.0 0.0 0.0
Long-term investments — — — — —
Other non-current assets 0.1 0.1 0.1 0.1 0.1
Total non-current assets 14.3 13.6 13.6 12.2 6.0
Total assets 20.6 19.1 18.7 17.4 9.8
Liabilities
Trade payables 2.7 2.7 1.7 2.1 1.4
Short-term borrowings & current portion of debt 2.0 2.5 3.3 2.8 1.5
Total current liabilities 5.0 5.3 5.2 4.9 3.0
Long-term debt 2.0 3.6 4.0 4.0 1.1
Other non-current liabilities 1.9 0.9 0.8 0.7 0.7
Total non-current liabilities 3.9 4.4 4.9 4.7 1.8
Total liabilities 8.9 9.7 10.0 9.7 4.8
Equity
Share capital 0.9 0.9 0.9 0.6 0.5
Reserves & retained earnings 10.3 7.9 7.2 7.2 4.5
Equity attributable to shareholders 11.7 9.3 8.6 7.8 5.0
Non-controlling interest 0.0 0.0 0.0 0.0 0.0
Total equity 11.7 9.3 8.6 7.8 5.0
Total liabilities & equity 20.6 19.1 18.7 17.4 9.8
Key figures
Total debt 4.0 6.0 7.4 6.8 2.7
Net debt / (net cash) 2.7 5.4 7.0 6.2 2.2
Shares outstanding mn 87.1 87.1 87.1 78.7 78.7
Common equity 11.7 9.3 8.6 7.8 5.0
Book value per share (Rs) Rs 134.60 107.27 99.15 98.65 63.44
PAKOXY balance sheet — year-on-year change (Rs mn)
Rs mn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Assets
Cash & short-term investments +131.2% +38.3% -25.6% +27.3% +95.5%
Trade receivables +22.4% +34.2% +61.7% +26.5% +9.8%
Inventories +9.3% -3.4% -17.0% +26.3% +49.0%
Other current assets — — — — —
Total current assets +13.6% +10.2% -4.6% +38.4% +35.7%
Property, plant & equipment +5.8% -0.9% +12.0% +103.6% +31.6%
Intangible assets +64.5% -27.2% -10.7% -19.1% -8.2%
Long-term investments — — — — —
Other non-current assets 0.0% +10.3% -3.1% +48.4% 0.0%
Total non-current assets +5.6% -0.6% +12.0% +102.5% +30.9%
Total assets +7.9% +2.3% +7.0% +77.7% +32.7%
Liabilities
Trade payables -2.2% +61.6% -17.8% +45.4% +33.2%
Short-term borrowings & current portion of debt -18.3% -26.4% +20.3% +83.4% +26.7%
Total current liabilities -6.5% +3.2% +4.6% +64.8% +31.0%
Long-term debt -43.0% -12.0% +0.6% +250.2% +762.6%
Other non-current liabilities +115.3% +6.1% +13.1% +7.0% +43.7%
Total non-current liabilities -11.9% -9.0% +2.5% +159.9% +201.8%
Total liabilities -8.9% -2.7% +3.6% +100.8% +66.7%
Equity
Share capital 0.0% 0.0% +48.7% +25.0% +20.0%
Reserves & retained earnings +30.2% +9.9% -0.1% +58.6% +10.1%
Equity attributable to shareholders +25.5% +8.2% +11.3% +55.5% +10.9%
Non-controlling interest — — — — —
Total equity +25.5% +8.2% +11.3% +55.5% +10.9%
Total liabilities & equity +7.9% +2.3% +7.0% +77.7% +32.7%
Key figures
Total debt -32.9% -18.5% +8.6% +155.5% +100.6%
Net debt / (net cash) -49.9% -21.8% +11.6% +180.3% +101.6%
Shares outstanding — — — — —
Common equity +25.5% +8.2% +11.3% +55.5% +10.9%
Book value per share (Rs) +25.5% +8.2% +0.5% +55.5% +10.9%

Change against the previous fiscal year; shown when the earlier figure is positive.

PAKOXY balance sheet — common size (Rs mn)
Rs mn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Assets
Cash & short-term investments 6.3% 2.9% 2.2% 3.1% 4.4%
Trade receivables 10.7% 9.4% 7.2% 4.7% 6.7%
Inventories 7.1% 7.0% 7.5% 9.6% 13.5%
Other current assets — — — — —
Total current assets 30.4% 28.9% 26.8% 30.1% 38.6%
Property, plant & equipment 68.9% 70.3% 72.6% 69.3% 60.5%
Intangible assets 0.1% 0.1% 0.1% 0.1% 0.3%
Long-term investments — — — — —
Other non-current assets 0.4% 0.4% 0.4% 0.4% 0.5%
Total non-current assets 69.6% 71.1% 73.2% 69.9% 61.4%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Trade payables 13.0% 14.3% 9.1% 11.8% 14.5%
Short-term borrowings & current portion of debt 9.7% 12.8% 17.8% 15.9% 15.4%
Total current liabilities 24.1% 27.9% 27.6% 28.3% 30.5%
Long-term debt 9.8% 18.6% 21.7% 23.0% 11.7%
Other non-current liabilities 9.1% 4.6% 4.4% 4.2% 6.9%
Total non-current liabilities 18.9% 23.2% 26.1% 27.2% 18.6%
Total liabilities 43.1% 51.0% 53.7% 55.5% 49.1%
Equity
Share capital 4.2% 4.6% 4.7% 3.4% 4.8%
Reserves & retained earnings 49.8% 41.3% 38.5% 41.2% 46.1%
Equity attributable to shareholders 56.9% 49.0% 46.3% 44.5% 50.9%
Non-controlling interest 0.0% 0.0% 0.0% 0.0% 0.0%
Total equity 56.9% 49.0% 46.3% 44.5% 50.9%
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Total debt 19.5% 31.5% 39.5% 38.9% 27.1%
Net debt / (net cash) 13.2% 28.5% 37.3% 35.8% 22.7%
Common equity 56.9% 49.0% 46.3% 44.5% 50.9%

Each line as a percentage of total assets.

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 177
PAKOXY balance sheet — all reported line items (Rs bn)
Rs bn FY2025 Jan – Dec 2025 FY2024 Jan – Dec 2024 FY2023 Jan – Dec 2023 FY2022 Jan – Dec 2022 FY2021 Jan – Dec 2021
Cash & Cash Equivalents 1.3 0.6 0.4 0.5 0.4
Cash & Short Term Investments 1.3 0.6 0.4 0.5 0.4
Short-Term Investments - Total — — — — —
Loans & Receivables - Net - Short-Term 3.0 3.2 2.9 2.6 1.6
Loans & Receivables - Total 3.1 3.2 2.9 2.6 1.6
Trade Accounts & Trade Notes Receivable - Net 2.2 1.8 1.3 0.8 0.7
Trade Accounts & Trade Notes Receivable - Gross — — — — —
Provision - Trade Accounts & Trade Notes Receivable — — — — —
Loans - Short-Term 0.1 0.0 0.1 0.1 0.1
Income Tax - Receivables - Short-Term 0.0 0.2 0.4 0.4 0.3
Receivables - Other - Total 0.7 1.1 1.1 1.3 0.6
Accounts & Notes Receivable - Trade - Gross - Total — — — — —
Inventories - Total 1.5 1.3 1.4 1.7 1.3
Inventories - Raw Materials 0.7 0.5 0.4 0.4 0.3
Inventories - Finished Goods 0.8 0.8 1.0 1.3 1.0
Prepaid Expenses - Short-Term 0.5 0.4 0.3 0.4 0.4
Investments - Total — — — — —
Other Current Assets - Total — — — — —
Property, Plant & Equipment - Net - Total 14.2 13.4 13.5 12.1 5.9
Property, Plant & Equipment - Gross - Total — — — — —
Property, Plant & Equipment - Accumulated Depreciation & Impairment - Total — — — — —
Other Current Assets — — — — —
Other Assets - Total 0.1 0.1 0.1 0.1 0.1
Investments in Associates, Joint Ventures and Unconsolidated Subsidiaries 0.0 0.0 0.0 0.0 0.0
Intangible Assets - Total - Net 0.0 0.0 0.0 0.0 0.0
Total Current Assets 6.3 5.5 5.0 5.2 3.8
Intangible Assets - excluding Goodwill - Net - Total 0.0 0.0 0.0 0.0 0.0
Investments - Long-Term — — — — —
Investments - Available for Sale/Held to Maturity - Long-Term — — — — —
Intangible Assets - Gross - Total — — — — —
Intangible Assets - excluding Goodwill - Gross — — — — —
Receivables & Loans - Long-Term 0.0 0.0 0.0 0.0 0.0
Intangible Assets - Accumulated Amortization & Impairment - Total — — — — —
Intangible Assets - excluding Goodwill - Accumulated Amortization & Impairment - Total — — — — —
Loans - Long-Term 0.0 0.0 0.0 0.0 0.0
Computer Software - Intangible Assets - Net 0.0 0.0 0.0 0.0 0.0
Property, Plant & Equipment - excluding Assets Leased Out - Net - Total — — — — —
Land & Buildings - Net — — — — —
Land/Improvements - Net — — — — —
Buildings - Net — — — — —
Computer Software - Intangible Assets - Gross — — — — —
Plant, Machinery & Equipment - Net — — — — —
Transportation Equipment - Net — — — — —
Computer Software & Equipment - Net — — — — —
Construction in Progress - Net — — — — —
Property, Plant & Equipment - Under Capital Lease - Net — — — — —
Property, Plant & Equipment - Other - Net — — — — —
Computer Software - Intangible Assets - Accumulated Amortization & Impairment — — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Gross — — — — —
Land & Buildings - Gross — — — — —
Land/Improvements - Gross — — — — —
Buildings - Gross — — — — —
Plant, Machinery & Equipment - Gross — — — — —
Transportation Equipment - Gross — — — — —
Computer Software & Equipment - Gross — — — — —
Construction in Progress - Gross — — — — —
Property, Plant & Equipment - Under Capital Lease - Gross — — — — —
Total Assets 20.6 19.1 18.7 17.4 9.8
Property, Plant & Equipment - Other - Gross — — — — —
Debt - Total 4.0 6.0 7.4 6.8 2.7
Short-Term Debt & Current Portion of Long-Term Debt 2.0 2.5 3.3 2.8 1.5
Property, Plant & Equipment - excluding Assets Leased Out - Accumulated Depreciation & Impairment - Total — — — — —
Land & Buildings - Accumulated Depreciation & Impairment — — — — —
Land/Improvements - Accumulated Depreciation & Impairment — — — — —
Buildings - Accumulated Depreciation & Impairment — — — — —
Current Portion of Long-Term Debt including Capitalized Leases 0.4 0.5 0.4 0.3 0.1
Plant, Machinery & Equipment - Accumulated Depreciation & Impairment — — — — —
Transportation Equipment - Accumulated Depreciation & Impairment — — — — —
Capitalized Leases - Current Portion 0.0 0.0 0.0 0.0 0.0
Computer Software & Equipment - Accumulated Depreciation & Impairment — — — — —
Short-Term Debt & Notes Payable 1.6 2.0 2.9 2.5 1.4
Debt - Long-Term - Total 2.0 3.6 4.0 4.0 1.1
Property, Plant & Equipment - Under Capital Lease - Accumulated Depreciation & Impairment — — — — —
Property, Plant & Equipment - Other - Accumulated Depreciation & Impairment — — — — —
Current Portion of Long-Term Debt excluding Capitalized Leases 0.4 0.5 0.4 0.3 0.1
Assets Held for Sale/Discontinued Operations - Long-Term 0.0 0.1 0.0 — —
Capitalized Lease Obligations - Long-Term 0.0 0.0 0.0 0.0 0.0
Long-Term Debt excluding Capitalized Leases 2.0 3.5 4.0 4.0 1.1
Other Non-Current Assets - Total 0.1 0.1 0.1 0.1 0.1
Debt - Non-Convertible - Long-Term 2.0 3.5 4.0 4.0 1.1
Dividends Payable 0.0 0.0 0.0 0.0 0.0
Deferred Tax & Investment Tax Credits - Long-Term — — — — —
Deferred Tax - Liability - Long-Term — — — — —
Payables & Accrued Expenses 2.7 2.7 1.7 2.1 1.4
Trade Account Payables - Total 2.7 2.7 1.7 2.1 1.4
Other Non-Current Assets 0.1 0.1 0.1 0.1 0.1
Accrued Expenses — — — — —
Total Liabilities 8.9 9.7 10.0 9.7 4.8
Shareholders' Equity - Attributable to Parent Shareholders - Total 11.7 9.3 8.6 7.8 5.0
Total Non-Current Assets 14.3 13.6 13.6 12.2 6.0
Common Equity Attributable to Parent Shareholders 11.7 9.3 8.6 7.8 5.0
Common Equity - Contributed 1.5 1.5 1.5 0.6 0.5
Common Stock - Issued & Paid 0.9 0.9 0.9 0.6 0.5
Equity - Non-Contributed - Reserves & Retained Earnings 10.3 7.9 7.2 7.2 4.5
Retained Earnings - Total 1.7 0.7 0.1 0.4 0.5
Trade Accounts Payable & Accruals - Short-Term 2.7 2.7 1.7 2.1 1.4
Comprehensive Income - Accumulated - Total 4.9 4.2 4.2 4.2 1.8
Trade Accounts & Trade Notes Payable - Short-Term 2.7 2.7 1.7 2.1 1.4
Accrued Expenses - Short-Term — — — — —
Hedging Reserves — — — 0.0 0.0
Other Reserves/Equity - Total 3.7 3.0 2.8 2.6 2.2
Income Taxes - Payable - Short-Term 0.2 — — — —
Dividends/Distributions Payable 0.0 0.0 0.0 0.0 0.0
Other Current Liabilities - Total 0.1 0.1 0.1 0.1 0.0
Common Equity - Total 11.7 9.3 8.6 7.8 5.0
Deferred Income - Short-Term 0.1 0.1 0.1 0.1 0.0
Common Stock - Additional Paid in Capital including Option Reserve 0.6 0.6 0.6 — —
Customer Advances - Short-Term — — — — —
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 11.7 9.3 8.6 7.8 5.0
Total Liabilities & Equity 20.6 19.1 18.7 17.4 9.8
Other Current Liabilities — 0.0 — — —
Revaluation Reserves 4.9 4.2 4.2 4.2 1.8
Total Current Liabilities 5.0 5.3 5.2 4.9 3.0
Other Non-Current Liabilities - Total 1.9 0.9 0.8 0.7 0.7
Provisions - Long-Term — — — — —
Post Employment Benefits - Pension & Other - Long-Term — — — — —
Deferred Revenue - Long-Term 0.2 0.3 0.4 0.3 0.2
Other Non-Current Liabilities 1.6 0.5 0.4 0.4 0.5
Total Non-Current Liabilities 3.9 4.4 4.9 4.7 1.8
Common Shares - Issued - Total mn 87.1 87.1 87.1 78.7 78.7
Common Shares - Outstanding - Total mn 87.1 87.1 87.1 78.7 78.7
Common Shares - Treasury - Total mn 0.0 0.0 0.0 0.0 0.0
Common Shares - Authorized - Issue Specific mn 150.0 150.0 150.0 94.0 117.5
Common Shares - Issued - Issue Specific mn 87.1 87.1 87.1 78.7 78.7
Common Shares - Outstanding - Issue Specific mn 87.1 87.1 87.1 78.7 78.7
Common Shares - Treasury - Issue Specific mn 0.0 0.0 0.0 0.0 0.0
Asset Allocation Factor - Issue Specific 1.00× 1.00× 1.00× 1.00× 1.00×
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Net - Supplemental — — — — —
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Gross - Supplemental — — — — —
Finance and Operating Lease Liabilities - Total - Supplemental 0.0 0.0 0.0 0.0 0.0
Debt including Finance and Operating Lease Liabilities - Supplemental 4.0 6.0 7.4 6.8 2.7
Net Debt 2.7 5.4 7.0 6.2 2.2
Capital Lease Maturities - Total — — — — —
Capital Lease Maturities - Due within 1 Year — — — — —
Capital Lease Maturities - Due in Year 5 — — — — —
Capital Lease Maturities - Remaining Maturities — — — — —
Capital Lease Maturities - Due in 4-5 Years — — — — —
Capital Lease Maturities - Due in Year 6 & Beyond — — — — —
Asset Accruals 19.3 18.5 18.2 16.9 9.4
Cash & Cash Equivalents - Total 1.3 0.6 0.4 0.5 0.4
Cash & Short Term Investments - Total 1.3 0.6 0.4 0.5 0.4
Debt - including Preferred Equity & Minority Interest - Total 4.0 6.0 7.4 6.8 2.7
Investments - Permanent 0.0 0.0 0.0 0.0 0.0
Net Book Capital 14.5 14.8 15.6 14.0 7.2
Net Operating Assets 14.5 14.8 15.6 14.0 7.2
Provisions - Total — — — — —
Shareholders Equity - Common 11.7 9.3 8.6 7.8 5.0
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Accumulated Depreciation - Supplemental — — — — —
Tangible Total Equity 11.7 9.3 8.6 7.7 5.0
Tangible Book Value 11.7 9.3 8.6 7.7 5.0
Total Book Capital 15.8 15.3 16.0 14.5 7.6
Total Capital 15.8 15.3 16.0 14.5 7.6
Total Long Term Capital 15.6 13.8 13.5 12.5 6.8
Unearned Revenue - Total 0.3 0.5 0.6 0.4 0.3
Book Value excluding Other Equity 8.0 6.4 5.8 5.2 2.8
Assets Held for Sale/Discontinued Operations - Long-Term & Short-Term 0.0 0.1 0.0 — —
Income Taxes - Payable - Long-Term & Short-Term 0.2 — — — —
Accruals - Short-Term (0.0) (0.4) (0.6) (0.2) 0.4
Cash & Short Term Investments - Net of Debt (2.7) (5.4) (7.0) (6.2) (2.2)
Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments 0.4 0.5 0.4 0.3 0.1
Total Fixed Assets - Net 14.3 13.6 13.6 12.2 6.0
Working Capital 1.3 0.2 (0.2) 0.3 0.8
Interest Bearing Liabilities - Total 4.0 6.0 7.4 6.8 2.7
Working Capital - Non-Cash (0.0) (0.4) (0.6) (0.2) 0.4
Working Capital excluding Other Current Assets & Liabilities 1.4 0.3 (0.0) 0.4 0.8
Net Debt Including Preferred Equity & Minority Interest 2.7 5.4 7.0 6.2 2.2
Other Short-Term & Long-Term Assets - Total 0.1 0.1 0.1 0.1 0.1
Other Short-Term & Long-Term Liabilities - Total 1.7 0.6 0.5 0.5 0.5
Total Current Assets excluding Total Inventories 4.8 4.2 3.6 3.6 2.5
Tangible Book Value excluding Other Equity 8.0 6.3 5.8 5.2 2.7
Total Debt Excluding Islamic 4.0 6.0 7.4 6.8 2.7
Trade Accounts & Trade Notes Receivable - Net - Total 2.2 1.8 1.3 0.8 0.7
Provision for Doubtful Accounts & Notes Receivable - Total — — — — —
Current Liabilities excluding Current Debt - Total 3.0 2.9 1.8 2.2 1.5
Cash in Hand & with Banks - Total 1.3 0.6 0.4 0.5 0.4
Current Assets excluding Cash & Short Term Investments - Total 5.0 5.0 4.6 4.7 3.4
Cash, Short Term Investments & Accounts Receivable - Total 3.5 2.4 1.7 1.4 1.1

Every line the company reported, in the original order and wording, without regrouping or signs changed.