Last close · 16 Oct 2026
Rs 138.99 -5.38%
Financials
Pakistan Paper Products Limited (PPP) financials
15 years of annual results (FY2012 – FY2026).
Pakistan Paper Products Limited (PPP) reported revenue of Rs 1.9 bn for FY2026 (Jul 2025 – Jun 2026), up 10.4% from FY2025.
Profit attributable to shareholders was Rs 165.9 mn (EPS Rs 20.73), up 35.5%, a net margin of 8.7%.
It declared a dividend of Rs 8.00 per share for FY2026 and has paid a dividend in each of the last 10 years.
Net debt stood at Rs 227.0 mn.
Return on equity was 9.2%.
Over the last five years revenue grew at a compound 11.9% a year.
At Rs 138.99 (close on 16 Oct 2026) the shares trade at 6.7× earnings (FY2026) and 0.59× book value, with a dividend yield of 5.8%.
Fundamentals
PPP at a glance
Revenue · FY2026
Rs 1.9 bn
▲ 10.4% year on year
Profit attributable to shareholders · FY2026
Rs 165.9 mn
▲ 35.5% year on year
EPS – basic (Rs) · FY2026
Rs 20.73
▲ 35.5% year on year
Dividend per share (Rs) · FY2026
Rs 8.00
▲ 60.0% year on year
Net margin · FY2026
8.7%
+1.6 pts year on year
Debt to equity · FY2026
12.4%
+1.1 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2026
- Rs 1.9 bn
- Profit attributable · FY2026
- Rs 165.9 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2026
- Rs 2.4 bn
- Equity · FY2026
- Rs 1.9 bn
Financial highlights
PPP financial results
| 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 | 1,913.7 | 1,733.6 | 1,927.3 | 1,745.9 | 1,234.2 |
| Gross profit | 374.9 | 299.0 | 391.3 | 291.3 | 189.2 |
| Operating profit | 254.1 | 197.8 | 289.4 | 214.4 | 122.0 |
| Profit after tax | 165.9 | 122.4 | 155.9 | 89.0 | 61.7 |
| Profit attributable to shareholders | 165.9 | 122.4 | 155.9 | 89.0 | 61.7 |
| EPS – basic (Rs) Rs | 20.73 | 15.30 | 19.49 | 11.13 | 7.72 |
| Dividend per share (Rs) Rs | 8.00 | 5.00 | 7.50 | 4.00 | 2.50 |
| Total assets | 2,388.5 | 2,244.5 | 2,141.3 | 1,757.4 | 1,600.6 |
| Total equity | 1,874.5 | 1,750.7 | 1,661.3 | 1,107.5 | 1,016.6 |
| Total debt | 232.1 | 196.8 | 230.1 | 336.4 | 313.2 |
| Net cash from operating activities | 47.4 | 172.0 | 195.5 | (7.5) | 41.8 |
| Capital expenditure | (42.7) | (111.9) | (29.0) | (15.8) | (130.3) |
| Free cash flow (operating cash flow − capex) | 4.7 | 60.0 | 166.4 | (23.4) | (88.6) |
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.