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Tobacco

PAKT Pakistan Tobacco Company Limited

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

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Last close · 16 Oct 2026

Rs 1,408.99 +0.63%

Annual · FY2006 – FY2025

Pakistan Tobacco Company Limited (PAKT) balance sheet

At the end of FY2025 (Jan – Dec 2025) Pakistan Tobacco Company Limited had total assets of Rs 95.9 bn, up 1.5% on FY2024. Current assets of Rs 64.6 bn covered current liabilities of Rs 43.5 bn 1.49 times. Total debt was Rs 4.4 bn, net debt Rs 2.7 bn. Shareholders' equity was Rs 47.0 bn (Rs 183.82 per share), 49.0% of total assets.

PAKT 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 1.7 13.3 32.5 23.4 10.6
Trade receivables 0.0 0.0 2.7 0.0 0.0
Inventories 54.5 49.4 47.3 25.5 22.7
Other current assets — — — — —
Total current assets 64.6 68.1 86.5 53.7 35.4
Property, plant & equipment 28.8 24.7 21.7 16.8 15.8
Other non-current assets 2.6 1.7 1.4 0.6 1.1
Total non-current assets 31.4 26.4 23.1 17.4 17.0
Total assets 95.9 94.5 109.6 71.1 52.4
Liabilities
Trade payables 18.6 12.4 12.0 11.9 7.9
Short-term borrowings & current portion of debt 0.6 0.7 0.9 3.2 2.9
Total current liabilities 43.5 36.5 53.6 42.6 31.9
Long-term debt 3.8 3.2 2.6 0.9 1.4
Total non-current liabilities 5.5 5.7 4.7 1.8 2.5
Total liabilities 49.0 42.2 58.3 44.4 34.4
Equity
Share capital 2.6 2.6 2.6 2.6 2.6
Reserves & retained earnings 44.4 49.7 48.8 24.1 15.4
Equity attributable to shareholders 47.0 52.3 51.3 26.6 18.0
Non-controlling interest 0.0 0.0 0.0 0.0 0.0
Total equity 47.0 52.3 51.3 26.6 18.0
Total liabilities & equity 95.9 94.5 109.6 71.1 52.4
Key figures
Total debt 4.4 3.9 3.4 4.1 4.3
Net debt / (net cash) 2.7 (9.4) (29.1) (19.3) (6.3)
Shares outstanding mn 255.5 255.5 255.5 255.5 255.5
Common equity 47.0 52.3 51.3 26.6 18.0
Book value per share (Rs) Rs 183.82 204.66 200.85 104.21 70.35
PAKT 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 -87.3% -59.1% +38.9% +119.8% +47.0%
Trade receivables -21.2% -99.9% +93,353.4% +34.3% +53.9%
Inventories +10.2% +4.5% +85.7% +12.2% +12.5%
Other current assets — — — — —
Total current assets -5.1% -21.3% +61.1% +51.7% +21.4%
Property, plant & equipment +16.5% +13.9% +28.9% +6.2% +4.7%
Other non-current assets +49.8% +23.1% +150.0% -51.4% +53.6%
Total non-current assets +18.7% +14.4% +32.8% +2.4% +7.0%
Total assets +1.5% -13.8% +54.2% +35.7% +16.3%
Liabilities
Trade payables +50.0% +3.8% +0.6% +50.2% +17.0%
Short-term borrowings & current portion of debt -20.8% -15.6% -73.0% +9.7% +323.9%
Total current liabilities +19.0% -31.8% +25.7% +33.5% +38.7%
Long-term debt +20.9% +23.1% +174.7% -34.2% -9.7%
Total non-current liabilities -2.8% +21.2% +158.4% -26.4% -0.4%
Total liabilities +16.0% -27.6% +31.1% +29.2% +34.9%
Equity
Share capital 0.0% 0.0% 0.0% 0.0% 0.0%
Reserves & retained earnings -10.7% +2.0% +102.6% +56.1% -9.1%
Equity attributable to shareholders -10.2% +1.9% +92.7% +48.1% -7.9%
Non-controlling interest — — — — —
Total equity -10.2% +1.9% +92.7% +48.1% -7.9%
Total liabilities & equity +1.5% -13.8% +54.2% +35.7% +16.3%
Key figures
Total debt +13.1% +13.4% -16.4% -4.8% +90.9%
Net debt / (net cash) — — — — —
Shares outstanding — — — — —
Common equity -10.2% +1.9% +92.7% +48.1% -7.9%
Book value per share (Rs) -10.2% +1.9% +92.7% +48.1% -7.9%

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

PAKT 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 1.8% 14.1% 29.7% 32.9% 20.3%
Trade receivables 0.0% 0.0% 2.5% 0.0% 0.0%
Inventories 56.8% 52.3% 43.2% 35.8% 43.3%
Other current assets — — — — —
Total current assets 67.3% 72.0% 78.9% 75.5% 67.6%
Property, plant & equipment 30.0% 26.2% 19.8% 23.7% 30.3%
Other non-current assets 2.7% 1.8% 1.3% 0.8% 2.2%
Total non-current assets 32.7% 28.0% 21.1% 24.5% 32.4%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Trade payables 19.4% 13.1% 10.9% 16.7% 15.1%
Short-term borrowings & current portion of debt 0.6% 0.8% 0.8% 4.4% 5.5%
Total current liabilities 45.3% 38.7% 48.9% 60.0% 61.0%
Long-term debt 4.0% 3.3% 2.3% 1.3% 2.7%
Total non-current liabilities 5.7% 6.0% 4.3% 2.5% 4.7%
Total liabilities 51.0% 44.7% 53.2% 62.5% 65.7%
Equity
Share capital 2.7% 2.7% 2.3% 3.6% 4.9%
Reserves & retained earnings 46.3% 52.6% 44.5% 33.9% 29.4%
Equity attributable to shareholders 49.0% 55.3% 46.8% 37.5% 34.3%
Non-controlling interest 0.0% 0.0% 0.0% 0.0% 0.0%
Total equity 49.0% 55.3% 46.8% 37.5% 34.3%
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Total debt 4.6% 4.1% 3.1% 5.8% 8.2%
Net debt / (net cash) 2.8% (10.0%) (26.5%) (27.2%) (12.1%)
Common equity 49.0% 55.3% 46.8% 37.5% 34.3%

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 162
PAKT 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 1.7 13.3 17.9 1.9 1.2
Cash & Short Term Investments 1.7 13.3 32.5 23.4 10.6
Short-Term Investments - Total — 0.0 14.6 21.5 9.4
Loans & Receivables - Net - Short-Term 8.1 5.0 6.5 4.7 2.0
Loans & Receivables - Total 8.1 5.0 6.5 4.7 2.0
Trade Accounts & Trade Notes Receivable - Net 0.0 0.0 2.7 0.0 0.0
Trade Accounts & Trade Notes Receivable - Gross — — — — —
Provision - Trade Accounts & Trade Notes Receivable — — — — —
Loans - Short-Term 0.6 0.3 0.6 0.8 0.1
Receivables - Other - Total 7.5 4.8 3.1 3.8 1.9
Accounts & Notes Receivable - Trade - Gross - Total — — — — —
Inventories - Total 54.5 49.4 47.3 25.5 22.7
Inventories - Raw Materials 51.6 48.0 43.9 22.4 18.8
Inventories - Work in Progress 0.3 0.3 0.4 0.1 0.1
Inventories - Finished Goods 3.1 1.7 3.1 3.1 4.0
Inventories - Other - Total (0.4) (0.6) (0.1) (0.1) (0.2)
Prepaid Expenses - Short-Term 0.2 0.3 0.2 0.1 0.0
Investments - Total — 0.0 14.6 21.5 9.4
Other Current Assets - Total — — — — —
Property, Plant & Equipment - Net - Total 28.8 24.7 21.7 16.8 15.8
Property, Plant & Equipment - Gross - Total 51.1 45.8 40.1 32.9 30.1
Property, Plant & Equipment - Accumulated Depreciation & Impairment - Total 22.3 21.1 18.4 16.1 14.3
Other Assets - Total 2.6 1.7 1.4 0.6 1.1
Total Current Assets 64.6 68.1 86.5 53.7 35.4
Receivables & Loans - Long-Term — — — — —
Loans - Long-Term — — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Net - Total 28.8 24.7 21.7 16.8 15.8
Land & Buildings - Net 2.3 1.4 1.2 1.1 1.3
Land/Improvements - Net 0.0 0.0 0.0 0.0 0.0
Buildings - Net 2.2 1.4 1.1 1.1 1.3
Plant, Machinery & Equipment - Net 13.0 13.2 14.5 12.7 10.2
Transportation Equipment - Net 0.1 0.1 1.7 1.3 0.0
Construction in Progress - Net 6.6 4.4 2.7 1.1 1.0
Property, Plant & Equipment - Under Capital Lease - Net — — 0.2 0.2 —
Right of Use Tangible Assets - Total - Net 4.9 4.5 2.1 0.7 2.3
Right of Use Tangible Assets - Capital/Finance Lease - Net 4.9 4.5 2.1 0.7 2.3
Property, Plant & Equipment - Other - Net 2.0 1.2 1.1 1.1 1.1
Property, Plant & Equipment - excluding Assets Leased Out - Gross 51.1 45.8 40.1 32.9 30.1
Land & Buildings - Gross 2.8 1.9 1.8 1.7 1.7
Land/Improvements - Gross 0.0 0.0 0.0 0.0 0.0
Buildings - Gross 2.8 1.9 1.8 1.7 1.6
Plant, Machinery & Equipment - Gross 27.9 26.8 27.1 24.1 20.3
Transportation Equipment - Gross 0.1 0.1 2.6 2.0 0.1
Construction in Progress - Gross 6.6 4.4 2.7 1.1 1.0
Property, Plant & Equipment - Under Capital Lease - Gross — — 0.4 0.4 —
Right of Use Tangible Assets - Total - Gross 8.1 8.3 4.0 2.1 4.0
Total Assets 95.9 94.5 109.6 71.1 52.4
Right of Use Tangible Assets - Capital/Finance Lease - Gross 8.1 8.3 4.0 2.1 4.0
Property, Plant & Equipment - Other - Gross 5.6 4.4 4.0 3.5 3.2
Debt - Total 4.4 3.9 3.4 4.1 4.3
Short-Term Debt & Current Portion of Long-Term Debt 0.6 0.7 0.9 3.2 2.9
Property, Plant & Equipment - excluding Assets Leased Out - Accumulated Depreciation & Impairment - Total 22.3 21.1 18.4 16.1 14.3
Land & Buildings - Accumulated Depreciation & Impairment 0.6 0.5 0.6 0.6 0.4
Land/Improvements - Accumulated Depreciation & Impairment 0.0 0.0 0.0 0.0 0.0
Buildings - Accumulated Depreciation & Impairment 0.6 0.5 0.6 0.6 0.4
Current Portion of Long-Term Debt including Capitalized Leases 0.6 0.7 0.9 0.8 0.6
Plant, Machinery & Equipment - Accumulated Depreciation & Impairment 14.9 13.6 12.6 11.4 10.1
Transportation Equipment - Accumulated Depreciation & Impairment 0.0 0.0 0.9 0.7 0.1
Capitalized Leases - Current Portion 0.6 0.7 0.9 0.8 0.6
Short-Term Debt & Notes Payable — — 0.0 2.4 2.3
Debt - Long-Term - Total 3.8 3.2 2.6 0.9 1.4
Property, Plant & Equipment - Under Capital Lease - Accumulated Depreciation & Impairment — — 0.2 0.2 —
Right of Use Tangible Assets - Total/Unspecified - Accumulated Depreciation 3.2 3.8 1.9 1.4 1.7
Right of Use Tangible Assets - Capital/Finance Lease - Accumulated Depreciation 3.2 3.8 1.9 1.4 1.7
Property, Plant & Equipment - Other - Accumulated Depreciation & Impairment 3.6 3.2 2.9 2.5 2.2
Capitalized Lease Obligations - Long-Term 3.8 3.2 2.6 0.9 1.4
Other Non-Current Assets - Total 2.6 1.7 1.4 0.6 1.1
Dividends Payable 0.3 0.3 8.2 5.5 4.7
Deferred Tax - Asset - Long-Term — — — — —
Deferred Tax & Investment Tax Credits - Long-Term 1.7 2.5 2.1 0.9 1.0
Deferred Tax - Liability - Long-Term 1.7 2.5 2.1 0.9 1.0
Prepaid Expenses - Long-Term 1.9 1.7 1.3 0.5 1.1
Payables & Accrued Expenses 29.8 25.5 24.6 20.7 19.0
Trade Account Payables - Total 18.6 12.4 12.0 11.9 7.9
Pension Assets - Long-Term 0.6 — — — —
Other Non-Current Assets 0.0 0.0 0.0 0.0 0.0
Accrued Expenses 11.1 13.0 12.6 8.8 11.0
Total Liabilities 49.0 42.2 58.3 44.4 34.4
Shareholders' Equity - Attributable to Parent Shareholders - Total 47.0 52.3 51.3 26.6 18.0
Total Non-Current Assets 31.4 26.4 23.1 17.4 17.0
Common Equity Attributable to Parent Shareholders 47.0 52.3 51.3 26.6 18.0
Common Equity - Contributed 2.6 2.6 2.6 2.6 2.6
Common Stock - Issued & Paid 2.6 2.6 2.6 2.6 2.6
Equity - Non-Contributed - Reserves & Retained Earnings 44.4 49.7 48.8 24.1 15.4
Retained Earnings - Total 44.4 49.7 48.8 24.1 15.4
Trade Accounts Payable & Accruals - Short-Term 29.8 25.5 24.6 20.7 19.0
Trade Accounts & Trade Notes Payable - Short-Term 18.6 12.4 12.0 11.9 7.9
Accrued Expenses - Short-Term 11.1 13.0 12.6 8.8 11.0
Income Taxes - Payable - Short-Term 5.6 4.3 3.3 2.7 1.2
Dividends/Distributions Payable 0.3 0.3 8.2 5.5 4.7
Other Current Liabilities - Total 7.2 5.8 16.6 10.6 4.1
Common Equity - Total 47.0 52.3 51.3 26.6 18.0
Deferred Income - Short-Term 1.6 0.1 0.0 0.7 0.2
Security Deposits 0.0 0.0 0.0 0.0 0.0
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 47.0 52.3 51.3 26.6 18.0
Total Liabilities & Equity 95.9 94.5 109.6 71.1 52.4
Other Current Liabilities 5.6 5.7 16.6 9.9 3.9
Total Current Liabilities 43.5 36.5 53.6 42.6 31.9
Total Non-Current Liabilities 5.5 5.7 4.7 1.8 2.5
Common Shares - Issued - Total mn 255.5 255.5 255.5 255.5 255.5
Common Shares - Outstanding - Total mn 255.5 255.5 255.5 255.5 255.5
Common Shares - Treasury - Total mn 0.0 0.0 0.0 0.0 0.0
Common Shares - Authorized - Issue Specific mn 300.0 300.0 300.0 300.0 300.0
Common Shares - Issued - Issue Specific mn 255.5 255.5 255.5 255.5 255.5
Common Shares - Outstanding - Issue Specific mn 255.5 255.5 255.5 255.5 255.5
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×
Right of Use Tangible Assets - Total - Net - Supplemental 4.9 4.5 2.1 0.7 2.3
Right of Use Tangible Assets - Capital/Finance Lease - Net - Supplemental 4.9 4.5 2.1 0.7 2.3
Right of Use Tangible Assets - Total - Gross - Supplemental 8.1 8.3 4.0 2.1 4.0
Right of Use Tangible Assets - Capital/Finance Lease - Gross - Supplemental 8.1 8.3 4.0 2.1 4.0
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Net - Supplemental 23.9 20.3 19.4 15.9 13.6
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Gross - Supplemental 42.9 37.6 35.6 30.4 26.1
Finance and Operating Lease Liabilities - Total - Supplemental 4.4 3.9 3.4 1.7 2.0
Debt including Finance and Operating Lease Liabilities - Supplemental 4.4 3.9 3.4 4.1 4.3
Net Debt 2.7 (9.4) (29.1) (19.3) (6.3)
Capital Lease Maturities - Total 4.4 3.9 3.4 1.7 2.0
Capital Lease Maturities - Due within 1 Year 0.9 0.7 0.9 0.8 0.6
Capital Lease Maturities - Due in Year 5 7.7 3.2 2.6 0.9 1.4
Capital Lease Maturities - Interest Costs 4.2 — — — —
Capital Lease Maturities - Due in 4-5 Years 7.7 3.2 2.6 0.9 1.4
Asset Accruals 94.2 81.2 91.6 69.2 51.1
Cash & Cash Equivalents - Total 1.7 13.3 17.9 1.9 1.2
Cash & Short Term Investments - Total 1.7 13.3 32.5 23.4 10.6
Debt - including Preferred Equity & Minority Interest - Total 4.4 3.9 3.4 4.1 4.3
Right of Use Tangible Assets - Total - Accumulated Depreciation - Supplemental 3.2 3.8 1.9 1.4 1.7
Net Book Capital 49.7 42.9 22.2 7.3 11.6
Right of Use Tangible Assets - Capital/Finance Lease - Accumulated Depreciation - Supplemental 3.2 3.8 1.9 1.4 1.7
Net Operating Assets 49.7 42.9 22.2 7.3 11.6
Provisions - Total 1.7 2.5 2.1 0.9 1.0
Shareholders Equity - Common 47.0 52.3 51.3 26.6 18.0
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Accumulated Depreciation - Supplemental 19.0 17.3 16.2 14.5 12.6
Tangible Total Equity 47.0 52.3 51.3 26.6 18.0
Tangible Book Value 47.0 52.3 51.3 26.6 18.0
Total Book Capital 51.4 56.2 54.7 30.7 22.3
Total Capital 51.4 56.2 54.7 30.7 22.3
Total Long Term Capital 52.5 57.9 56.0 28.4 20.4
Unearned Revenue - Total 1.6 0.1 0.0 0.7 0.2
Book Value excluding Other Equity 47.0 52.3 51.3 26.6 18.0
Income Taxes - Payable - Long-Term & Short-Term 5.6 4.3 3.3 2.7 1.2
Revolving Line of Credit - Outstanding — 5.2 8.9 1.5 0.3
Contract Liabilities - Short-Term - Advance Consideration & Progress Billings in Excess of Unbilled Revenue 1.6 0.1 0.0 0.7 0.2
Accruals - Short-Term 19.4 18.2 15.0 9.2 2.2
Cash & Short Term Investments - Net of Debt (2.7) 9.4 29.1 19.3 6.3
Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments 0.6 0.7 0.9 0.8 0.6
Total Fixed Assets - Net 31.4 26.4 23.1 17.4 17.0
Working Capital 21.1 31.5 32.9 11.0 3.4
Interest Bearing Liabilities - Total 4.4 3.9 3.4 4.1 4.3
Working Capital - Non-Cash 19.4 18.2 0.4 (12.4) (7.2)
Working Capital excluding Other Current Assets & Liabilities 28.3 37.3 49.5 21.7 7.6
Net Debt Including Preferred Equity & Minority Interest 2.7 (9.4) (29.1) (19.3) (6.3)
Other Short-Term & Long-Term Assets - Total 2.6 1.7 1.4 0.6 1.1
Other Short-Term & Long-Term Liabilities - Total 7.2 5.8 16.6 10.6 4.1
Total Current Assets excluding Total Inventories 10.1 18.6 39.2 28.2 12.7
Tangible Book Value excluding Other Equity 47.0 52.3 51.3 26.6 18.0
Total Debt Excluding Islamic 4.4 3.9 3.4 4.1 4.3
Trade Accounts & Trade Notes Receivable - Net - Total 0.0 0.0 2.7 0.0 0.0
Provision for Doubtful Accounts & Notes Receivable - Total — — — — —
Current Liabilities excluding Current Debt - Total 42.9 35.8 52.8 39.5 29.1
Cash in Hand & with Banks - Total 1.7 13.3 17.9 1.9 1.2
Current Assets excluding Cash & Short Term Investments - Total 62.9 54.8 54.0 30.3 24.7
Cash, Short Term Investments & Accounts Receivable - Total 1.7 13.3 35.2 23.4 10.6

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