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Refinery

PRL Pakistan Refinery Limited

Latest results: FY2026 · Jun 2026

Watch PRL · free results alerts

Last close · 16 Oct 2026

Rs 106.85 +2.98%

Annual · FY2007 – FY2026

Pakistan Refinery Limited (PRL) balance sheet

At the end of FY2026 (Jul 2025 – Jun 2026) Pakistan Refinery Limited had total assets of Rs 130.7 bn, up 21.1% on FY2025. Current assets of Rs 94.3 bn covered current liabilities of Rs 77.9 bn 1.21 times. Total debt was Rs 16.7 bn, net debt Rs 10.0 bn. Shareholders' equity was Rs 42.8 bn (Rs 67.89 per share), 32.7% of total assets.

PRL balance sheet (annual) (Rs bn)
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
Assets
Cash & short-term investments 6.7 4.2 11.1 11.7 23.5
Trade receivables 19.4 19.4 11.2 19.9 11.3
Inventories 32.3 22.0 30.5 35.5 24.1
Other current assets 0.2 — — — 0.2
Total current assets 94.3 72.6 77.4 76.6 61.7
Property, plant & equipment 36.2 34.6 30.6 28.6 29.1
Intangible assets 0.0 0.0 0.0 0.0 —
Other non-current assets 0.1 0.6 0.0 0.2 0.1
Total non-current assets 36.4 35.4 30.8 28.8 29.2
Total assets 130.7 107.9 108.2 105.5 90.9
Liabilities
Trade payables 39.0 53.0 49.0 46.4 32.2
Short-term borrowings & current portion of debt 7.5 15.5 25.5 29.8 18.9
Total current liabilities 77.9 68.5 74.5 77.3 66.3
Long-term debt 9.3 12.5 3.1 2.1 0.1
Other non-current liabilities 0.1 0.4 0.4 0.6 0.6
Total non-current liabilities 10.1 12.8 4.1 2.8 1.0
Total liabilities 88.0 81.3 78.6 80.1 67.4
Equity
Share capital 6.3 6.3 6.3 6.3 6.3
Reserves & retained earnings 36.5 20.3 23.3 19.1 17.3
Equity attributable to shareholders 42.8 26.6 29.6 25.4 23.6
Non-controlling interest 0.0 0.0 0.0 0.0 0.0
Total equity 42.8 26.6 29.6 25.4 23.6
Total liabilities & equity 130.7 107.9 108.2 105.5 90.9
Key figures
Total debt 16.7 28.0 28.6 32.0 19.0
Net debt / (net cash) 10.0 23.7 17.5 20.3 (4.5)
Shares outstanding mn 630.0 630.0 630.0 630.0 630.0
Common equity 42.8 26.6 29.6 25.4 23.6
Book value per share (Rs) Rs 67.89 42.23 46.94 40.25 37.45
PRL balance sheet — year-on-year change (Rs mn)
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
Assets
Cash & short-term investments +58.7% -62.0% -4.6% -50.4% +32,286.6%
Trade receivables +0.1% +72.7% -43.6% +76.1% +71.6%
Inventories +46.8% -27.8% -13.9% +47.3% +131.1%
Other current assets — — — — —
Total current assets +30.0% -6.2% +1.0% +24.2% +203.7%
Property, plant & equipment +4.6% +13.0% +7.3% -1.9% +41.6%
Intangible assets -14.5% +87.2% +172.0% — —
Other non-current assets -84.1% +3,230.9% -89.9% +235.9% +110.2%
Total non-current assets +3.0% +14.9% +6.8% -1.4% +41.4%
Total assets +21.1% -0.2% +2.6% +16.0% +121.9%
Liabilities
Trade payables -26.5% +8.2% +5.5% +44.4% +56.8%
Short-term borrowings & current portion of debt -51.8% -39.2% -14.7% +57.8% +7.6%
Total current liabilities +13.8% -8.0% -3.7% +16.6% +74.0%
Long-term debt -25.8% +297.3% +47.2% +1,404.9% -67.9%
Other non-current liabilities -68.7% -5.7% -39.6% +8.5% +55.4%
Total non-current liabilities -21.7% +209.9% +49.6% +173.5% +22.8%
Total liabilities +8.2% +3.5% -1.9% +19.0% +72.9%
Equity
Share capital 0.0% 0.0% 0.0% 0.0% 0.0%
Reserves & retained earnings +79.6% -12.7% +22.1% +10.2% —
Equity attributable to shareholders +60.8% -10.0% +16.6% +7.5% +1,052.7%
Non-controlling interest — — — — —
Total equity +60.8% -10.0% +16.6% +7.5% +1,052.7%
Total liabilities & equity +21.1% -0.2% +2.6% +16.0% +121.9%
Key figures
Total debt -40.2% -2.2% -10.6% +67.9% +5.7%
Net debt / (net cash) -57.8% +35.9% -14.0% — -125.0%
Shares outstanding — — — — —
Common equity +60.8% -10.0% +16.6% +7.5% +1,052.7%
Book value per share (Rs) +60.8% -10.0% +16.6% +7.5% +1,052.7%

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

PRL balance sheet — common size (Rs mn)
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
Assets
Cash & short-term investments 5.1% 3.9% 10.3% 11.1% 25.9%
Trade receivables 14.8% 18.0% 10.4% 18.9% 12.4%
Inventories 24.7% 20.4% 28.2% 33.6% 26.5%
Other current assets 0.2% — — — 0.2%
Total current assets 72.1% 67.2% 71.6% 72.7% 67.9%
Property, plant & equipment 27.7% 32.1% 28.3% 27.1% 32.0%
Intangible assets 0.0% 0.0% 0.0% 0.0% —
Other non-current assets 0.1% 0.6% 0.0% 0.2% 0.1%
Total non-current assets 27.9% 32.8% 28.4% 27.3% 32.1%
Total assets 100.0% 100.0% 100.0% 100.0% 100.0%
Liabilities
Trade payables 29.8% 49.1% 45.3% 44.0% 35.4%
Short-term borrowings & current portion of debt 5.7% 14.3% 23.5% 28.3% 20.8%
Total current liabilities 59.6% 63.5% 68.8% 73.3% 72.9%
Long-term debt 7.1% 11.6% 2.9% 2.0% 0.2%
Other non-current liabilities 0.1% 0.3% 0.4% 0.6% 0.6%
Total non-current liabilities 7.7% 11.9% 3.8% 2.6% 1.1%
Total liabilities 67.3% 75.4% 72.7% 76.0% 74.1%
Equity
Share capital 4.8% 5.8% 5.8% 6.0% 6.9%
Reserves & retained earnings 27.9% 18.8% 21.5% 18.1% 19.0%
Equity attributable to shareholders 32.7% 24.6% 27.3% 24.0% 25.9%
Non-controlling interest 0.0% 0.0% 0.0% 0.0% 0.0%
Total equity 32.7% 24.6% 27.3% 24.0% 25.9%
Total liabilities & equity 100.0% 100.0% 100.0% 100.0% 100.0%
Key figures
Total debt 12.8% 25.9% 26.4% 30.3% 20.9%
Net debt / (net cash) 7.7% 22.0% 16.1% 19.3% (4.9%)
Common equity 32.7% 24.6% 27.3% 24.0% 25.9%

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. Updated 15 Oct 2026.

All reported line items 188
PRL balance sheet — all reported line items (Rs bn)
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
Cash & Cash Equivalents 1.3 2.8 6.9 11.7 23.5
Cash & Short Term Investments 6.7 4.2 11.1 11.7 23.5
Short-Term Investments - Total 5.4 1.4 4.2 — —
Loans & Receivables - Net - Short-Term 55.0 45.9 34.9 29.3 13.9
Loans & Receivables - Total 55.1 45.9 35.0 29.4 13.9
Trade Accounts & Trade Notes Receivable - Net 19.4 19.4 11.2 19.9 11.3
Trade Accounts & Trade Notes Receivable - Gross 19.5 — — — 11.4
Provision - Trade Accounts & Trade Notes Receivable 0.1 — — — 0.1
Loans - Short-Term 0.0 — — — 0.0
Income Tax - Receivables - Short-Term 4.2 0.7 0.2 — 0.0
Receivables - Other - Total 31.4 25.8 23.5 9.4 2.6
Accounts & Notes Receivable - Trade - Gross - Total 19.5 — — — 11.4
Inventories - Total 32.3 22.0 30.5 35.5 24.1
Inventories - Raw Materials 13.7 — — — 19.0
Inventories - Finished Goods 16.3 — — — 5.1
Inventories - Other - Total 2.4 — — — 0.0
Prepaid Expenses - Short-Term 0.1 0.4 0.8 0.2 0.0
Investments - Total 5.4 1.4 4.2 — —
Other Current Assets - Total 0.2 — — — 0.2
Property, Plant & Equipment - Net - Total 36.2 34.6 30.6 28.6 29.1
Property, Plant & Equipment - Gross - Total 49.8 — — — 37.8
Property, Plant & Equipment - Accumulated Depreciation & Impairment - Total 13.6 — — — 8.7
Other Current Assets 0.2 — — — 0.2
Other Assets - Total 0.3 0.6 0.0 0.2 0.2
Investments in Associates, Joint Ventures and Unconsolidated Subsidiaries 0.1 0.1 0.1 0.0 0.1
Intangible Assets - Total - Net 0.0 0.0 0.0 0.0 —
Total Current Assets 94.3 72.6 77.4 76.6 61.7
Intangible Assets - excluding Goodwill - Net - Total 0.0 0.0 0.0 0.0 —
Intangible Assets - Gross - Total 0.1 — — — —
Intangible Assets - excluding Goodwill - Gross 0.1 — — — —
Receivables & Loans - Long-Term 0.0 0.0 0.0 0.0 0.0
Intangible Assets - Accumulated Amortization & Impairment - Total 0.1 — — — —
Intangible Assets - excluding Goodwill - Accumulated Amortization & Impairment - Total 0.1 — — — —
Loans - Long-Term 0.0 0.0 0.0 0.0 0.0
Computer Software - Intangible Assets - Net 0.0 — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Net - Total 36.2 34.6 30.6 28.6 29.1
Land & Buildings - Net 23.3 — — — 20.3
Buildings - Net 0.1 — — — 0.0
Computer Software - Intangible Assets - Gross 0.1 — — — —
Leasehold Improvements - Net 23.2 — — — 20.3
Plant, Machinery & Equipment - Net 7.0 — — — 6.7
Transportation Equipment - Net 0.2 — — — —
Construction in Progress - Net 3.9 — — — 0.3
Right of Use Tangible Assets - Total - Net 0.1 0.1 0.1 0.1 0.1
Right of Use Tangible Assets - Capital/Finance Lease - Net 0.1 0.1 0.1 0.1 0.1
Property, Plant & Equipment - Other - Net 1.9 34.6 30.5 28.4 1.6
Computer Software - Intangible Assets - Accumulated Amortization & Impairment 0.1 — — — —
Natural Resources/Biological Assets - Net 0.7 — — — 1.5
Intangible Assets - Other - Accumulated Amortization & Impairment — — — — —
Property, Plant & Equipment - excluding Assets Leased Out - Gross 49.8 — — — 37.8
Land & Buildings - Gross 23.5 — — — 20.5
Buildings - Gross 0.2 — — — 0.1
Leasehold Improvements - Gross 23.2 — — — 20.3
Plant, Machinery & Equipment - Gross 17.0 — — — 13.2
Transportation Equipment - Gross 0.4 — — — —
Construction in Progress - Gross 3.9 — — — 0.3
Right of Use Tangible Assets - Total - Gross 0.1 — — — 0.1
Total Assets 130.7 107.9 108.2 105.5 90.9
Right of Use Tangible Assets - Capital/Finance Lease - Gross 0.1 — — — 0.1
Property, Plant & Equipment - Other - Gross 5.4 — — — 3.6
Natural Resources/Biological Assets - Gross 2.5 — — — 3.5
Debt - Total 16.7 28.0 28.6 32.0 19.0
Short-Term Debt & Current Portion of Long-Term Debt 7.5 15.5 25.5 29.8 18.9
Property, Plant & Equipment - excluding Assets Leased Out - Accumulated Depreciation & Impairment - Total 13.6 — — — 8.7
Land & Buildings - Accumulated Depreciation & Impairment 0.2 — — — 0.1
Buildings - Accumulated Depreciation & Impairment 0.2 — — — 0.1
Leasehold Improvements - Accumulated Depreciation & Impairment 0.0 — — — 0.0
Current Portion of Long-Term Debt including Capitalized Leases 3.2 2.5 1.5 0.0 1.3
Plant, Machinery & Equipment - Accumulated Depreciation & Impairment 9.9 — — — 6.5
Transportation Equipment - Accumulated Depreciation & Impairment 0.2 — — — —
Capitalized Leases - Current Portion 0.0 0.0 0.0 0.0 0.0
Short-Term Debt & Notes Payable 4.2 13.0 23.9 29.8 17.6
Debt - Long-Term - Total 9.3 12.5 3.1 2.1 0.1
Right of Use Tangible Assets - Total/Unspecified - Accumulated Depreciation — — — — 0.0
Right of Use Tangible Assets - Capital/Finance Lease - Accumulated Depreciation — — — — 0.0
Property, Plant & Equipment - Other - Accumulated Depreciation & Impairment 3.5 — — — 2.0
Natural Resources/Biological Assets - Accumulated Depreciation & Impairment 1.8 — — — 2.0
Current Portion of Long-Term Debt excluding Capitalized Leases 3.2 2.5 1.5 0.0 1.3
Capitalized Lease Obligations - Long-Term 0.1 0.1 0.1 0.1 0.1
Long-Term Debt excluding Capitalized Leases 9.2 12.4 3.0 2.0 0.0
Other Non-Current Assets - Total 0.1 0.6 0.0 0.2 0.1
Debt - Non-Convertible - Long-Term 9.2 12.4 3.0 2.0 0.0
Dividends Payable 0.0 0.0 0.0 0.0 0.0
Deferred Tax - Asset - Long-Term 0.0 0.6 0.0 0.2 —
Deferred Tax & Investment Tax Credits - Long-Term 0.7 0.0 0.6 0.0 0.3
Deferred Tax - Liability - Long-Term 0.7 0.0 0.6 0.0 0.3
Payables & Accrued Expenses 47.6 53.0 49.0 46.4 39.4
Trade Account Payables - Total 39.0 53.0 49.0 46.4 32.2
Pension Assets - Long-Term 0.1 0.0 0.0 0.0 0.0
Other Non-Current Assets — — — — 0.0
Accrued Expenses 8.6 — — — 7.2
Total Liabilities 88.0 81.3 78.6 80.1 67.4
Shareholders' Equity - Attributable to Parent Shareholders - Total 42.8 26.6 29.6 25.4 23.6
Total Non-Current Assets 36.4 35.4 30.8 28.8 29.2
Common Equity Attributable to Parent Shareholders 42.8 26.6 29.6 25.4 23.6
Common Equity - Contributed 6.3 6.3 6.3 6.3 6.3
Common Stock - Issued & Paid 6.3 6.3 6.3 6.3 6.3
Equity - Non-Contributed - Reserves & Retained Earnings 36.5 20.3 23.3 19.1 17.3
Retained Earnings - Total 13.2 (2.9) 2.9 (1.3) (3.0)
Trade Accounts Payable & Accruals - Short-Term 47.6 53.0 49.0 46.4 39.4
Comprehensive Income - Accumulated - Total 23.2 23.2 20.3 20.3 20.3
Trade Accounts & Trade Notes Payable - Short-Term 39.0 53.0 49.0 46.4 32.2
Accrued Expenses - Short-Term 8.6 — — — 7.2
Foreign Currency Translation Adjustment - Accumulated — — — 0.0 0.0
Other Reserves/Equity - Total 0.0 0.0 0.0 0.0 0.0
Income Taxes - Payable - Short-Term 0.0 — — 1.0 1.1
Dividends/Distributions Payable 0.0 0.0 0.0 0.0 0.0
Other Current Liabilities - Total 22.9 — — — 6.9
Common Equity - Total 42.8 26.6 29.6 25.4 23.6
Deferred Income - Short-Term — — — — 0.0
Customer Advances - Short-Term 0.2 — — — 1.1
Total Shareholders' Equity - including Minority Interest & Hybrid Debt 42.8 26.6 29.6 25.4 23.6
Total Liabilities & Equity 130.7 107.9 108.2 105.5 90.9
Other Current Liabilities 22.6 — — — 5.8
Revaluation Reserves 23.2 23.2 20.3 20.3 20.3
Total Current Liabilities 77.9 68.5 74.5 77.3 66.3
Other Non-Current Liabilities - Total 0.1 0.4 0.4 0.6 0.6
Provisions - Long-Term 0.1 0.4 0.4 0.6 0.6
Post Employment Benefits - Pension & Other - Long-Term 0.1 0.4 0.4 0.6 0.6
Deferred Revenue - Long-Term — — — — —
Total Non-Current Liabilities 10.1 12.8 4.1 2.8 1.0
Common Shares - Issued - Total mn 630.0 630.0 630.0 630.0 630.0
Common Shares - Outstanding - Total mn 630.0 630.0 630.0 630.0 630.0
Common Shares - Treasury - Total mn 0.0 0.0 0.0 0.0 0.0
Common Shares - Authorized - Issue Specific mn 1,000.0 1,000.0 1,000.0 1,000.0 1,000.0
Common Shares - Issued - Issue Specific mn 630.0 630.0 630.0 630.0 630.0
Common Shares - Outstanding - Issue Specific mn 630.0 630.0 630.0 630.0 630.0
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 0.1 0.1 0.1 0.1 0.1
Right of Use Tangible Assets - Capital/Finance Lease - Net - Supplemental 0.1 0.1 0.1 0.1 0.1
Right of Use Tangible Assets - Total - Gross - Supplemental — — — — 0.1
Right of Use Tangible Assets - Capital/Finance Lease - Gross - Supplemental — — — — 0.1
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Net - Supplemental 36.2 34.6 30.5 28.4 29.0
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Gross - Supplemental — — — — 37.7
Finance and Operating Lease Liabilities - Total - Supplemental 0.1 0.1 0.2 0.1 0.1
Debt including Finance and Operating Lease Liabilities - Supplemental 16.7 28.0 28.6 32.0 19.0
Net Debt 10.0 23.7 17.5 20.3 (4.5)
Debt - Long-Term - Maturities - Total 17.6 — — — —
Debt - Long-Term - Maturities - within 1 Year 7.7 — — — —
Debt - Long-Term - Maturities - Year 5 9.9 — — — —
Capital Lease Maturities - Total 0.2 — — — 0.1
Debt - Long-Term - Maturities - 4-5 Years 9.9 — — — —
Capital Lease Maturities - Due within 1 Year 0.0 — — — 0.0
Capital Lease Maturities - Due in Year 5 0.1 — — — —
Capital Lease Maturities - Remaining Maturities — — — — 0.1
Capital Lease Maturities - Due in 4-5 Years 0.1 — — — —
Capital Lease Maturities - Due in Year 6 & Beyond — — — — 0.1
Asset Accruals 129.4 105.1 101.2 93.8 67.4
Cash & Cash Equivalents - Total 1.3 2.8 6.9 11.7 23.5
Cash & Short Term Investments - Total 6.7 4.2 11.1 11.7 23.5
Debt - including Preferred Equity & Minority Interest - Total 16.7 28.0 28.6 32.0 19.0
Right of Use Tangible Assets - Total - Accumulated Depreciation - Supplemental — — — — 0.0
Investments - Permanent 0.1 0.1 0.1 0.0 0.1
Net Book Capital 52.8 50.3 47.0 45.7 19.1
Right of Use Tangible Assets - Capital/Finance Lease - Accumulated Depreciation - Supplemental — — — — 0.0
Net Operating Assets 52.8 50.3 47.0 45.7 19.1
Provisions - Total 0.8 0.4 1.0 0.6 0.9
Shareholders Equity - Common 42.8 26.6 29.6 25.4 23.6
Property, Plant & Equipment - excluding Right of Use Tangible Assets & Capital Leases - Accumulated Depreciation - Supplemental — — — — 8.7
Tangible Total Equity 42.7 26.6 29.6 25.4 23.6
Tangible Book Value 42.7 26.6 29.6 25.4 23.6
Total Book Capital 59.5 54.6 58.2 57.3 42.6
Total Capital 59.5 54.6 58.2 57.3 42.6
Total Long Term Capital 52.8 39.4 33.7 28.1 24.6
Unearned Revenue - Total 0.2 — — — 1.1
Book Value excluding Other Equity 42.8 26.6 29.6 25.4 23.6
Income Taxes - Payable - Long-Term & Short-Term 0.0 — — 1.0 1.1
Accruals - Short-Term 15.1 1.2 (4.0) (12.4) (28.2)
Cash & Short Term Investments - Net of Debt (10.0) (23.7) (17.5) (20.3) 4.5
Current Portion of Long-Term Debt including Capitalized Leases & Hybrid Financial Instruments 3.2 2.5 1.5 0.0 1.3
Total Fixed Assets - Net 36.4 35.3 30.7 28.8 29.2
Working Capital 16.4 4.1 2.9 (0.7) (4.6)
Interest Bearing Liabilities - Total 16.7 28.0 28.6 32.0 19.0
Working Capital - Non-Cash 9.7 (0.1) (8.2) (12.4) (28.2)
Working Capital excluding Other Current Assets & Liabilities 39.1 — — — 2.1
Net Debt Including Preferred Equity & Minority Interest 10.0 23.7 17.5 20.3 (4.5)
Other Short-Term & Long-Term Assets - Total 0.3 0.6 0.0 0.2 0.2
Other Short-Term & Long-Term Liabilities - Total 22.9 — — — 6.9
Total Current Assets excluding Total Inventories 62.0 50.5 46.9 41.2 37.6
Tangible Book Value excluding Other Equity 42.7 26.6 29.6 25.3 23.6
Total Debt Excluding Islamic 16.7 28.0 28.6 32.0 19.0
Trade Accounts & Trade Notes Receivable - Net - Total 19.4 19.4 11.2 19.9 11.3
Provision for Doubtful Accounts & Notes Receivable - Total 0.1 — — — 0.1
Current Liabilities excluding Current Debt - Total 70.5 53.0 49.0 47.5 47.4
Cash in Hand & with Banks - Total 1.3 2.8 6.9 11.7 23.5
Current Assets excluding Cash & Short Term Investments - Total 87.6 68.4 66.3 65.0 38.2
Cash, Short Term Investments & Accounts Receivable - Total 26.1 23.6 22.4 31.6 34.8

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