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Refinery

PRL Pakistan Refinery Limited

Latest results: FY2026 · Jun 2026

Last close · 16 Oct 2026

Rs 106.85 +2.98%

Annual · FY2007 – FY2026

Pakistan Refinery Limited (PRL) income statement

Pakistan Refinery Limited reported revenue of Rs 350.8 bn for FY2026 (Jul 2025 – Jun 2026), up 13.0% on FY2025. Gross profit came to Rs 32.4 bn, a gross margin of 9.2%. Operating profit was Rs 27.8 bn (an operating margin of 7.9%). Finance cost was Rs 4.4 bn, up 16.6% on FY2025. Tax of Rs 8.4 bn took 34.6% of pre-tax profit. Profit attributable to shareholders was Rs 15.8 bn, or Rs 25.05 per share.

PRL income statement (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
Revenue 350.8 310.4 305.5 261.9 191.3
Cost of revenue (318.5) (308.5) (290.4) (254.6) (171.0)
Gross profit 32.4 1.9 15.1 7.3 20.3
Selling, general & administrative expenses (4.2) (2.2) (1.9) (1.5) (2.1)
Operating profit 27.8 (1.4) 8.2 5.2 17.0
Finance cost (4.4) (3.8) (3.6) (3.1) (1.2)
Profit before tax 24.1 (5.8) 6.7 3.4 15.9
Taxation (8.4) 1.1 (2.7) (1.5) (3.3)
Profit after tax 15.8 (4.7) 4.1 1.8 12.6
Profit attributable to shareholders 15.8 (4.7) 4.1 1.8 12.6
Per share & other
EPS – basic (Rs) Rs 25.05 (7.40) 6.45 2.90 19.96
EPS – diluted (Rs) Rs 25.05 (7.40) 6.45 2.90 19.96
Dividend per share (Rs) Rs 0.00 0.00 2.00 0.00 0.00
EBITDA 29.2 0.1 9.5 6.4 18.2
Depreciation & amortisation 1.4 1.5 1.3 1.2 1.1
Weighted average shares mn 630.0 630.0 630.0 630.0 630.0
PRL income statement — 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
Revenue +13.0% +1.6% +16.7% +36.9% +107.8%
Cost of revenue +3.2% +6.2% +14.1% +48.8% +92.5%
Gross profit +1,642.5% -87.7% +106.7% -64.0% +525.5%
Selling, general & administrative expenses +93.9% +13.3% +30.8% -28.9% +130.4%
Operating profit — -116.8% +56.4% -69.2% +492.5%
Finance cost +16.6% +4.3% +18.4% +147.3% -5.4%
Profit before tax — -186.2% +99.0% -78.8% +871.2%
Taxation — -142.6% +71.3% -53.7% +376.5%
Profit after tax — -214.7% +122.6% -85.5% +1,241.7%
Profit attributable to shareholders — -214.7% +122.6% -85.5% +1,241.7%
Per share & other
EPS – basic (Rs) — -214.7% +122.6% -85.5% +1,215.2%
EPS – diluted (Rs) — -214.7% +122.6% -85.5% +1,215.2%
Dividend per share (Rs) — -100.0% — — —
EBITDA +38,659.5% -99.2% +47.8% -64.8% +357.2%
Depreciation & amortisation -0.3% +15.3% +9.0% +2.2% +2.8%
Weighted average shares — — — — —

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

PRL income statement — 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
Revenue 100.0% 100.0% 100.0% 100.0% 100.0%
Cost of revenue (90.8%) (99.4%) (95.1%) (97.2%) (89.4%)
Gross profit 9.2% 0.6% 4.9% 2.8% 10.6%
Selling, general & administrative expenses (1.2%) (0.7%) (0.6%) (0.6%) (1.1%)
Operating profit 7.9% (0.4%) 2.7% 2.0% 8.9%
Finance cost (1.3%) (1.2%) (1.2%) (1.2%) (0.6%)
Profit before tax 6.9% (1.9%) 2.2% 1.3% 8.3%
Taxation (2.4%) 0.4% (0.9%) (0.6%) (1.7%)
Profit after tax 4.5% (1.5%) 1.3% 0.7% 6.6%
Profit attributable to shareholders 4.5% (1.5%) 1.3% 0.7% 6.6%
Per share & other
EBITDA 8.3% 0.0% 3.1% 2.4% 9.5%
Depreciation & amortisation 0.4% 0.5% 0.4% 0.4% 0.6%

Each line as a percentage of revenue.

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 153
PRL income statement — 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
Revenue from Goods & Services 350.8 310.4 305.5 261.9 191.3
Sales of Goods & Services - Net - Unclassified — — — — —
Revenue Taxes 133.5 112.4 98.0 63.7 32.5
Gross Revenue from Business Activities - Total 484.4 422.8 403.6 325.5 223.9
Revenue from Business Activities - Total 350.8 310.4 305.5 261.9 191.3
Cost of Operating Revenue 318.5 308.5 290.4 254.6 171.0
Cost of Revenues - Total 318.5 308.5 290.4 254.6 171.0
Cost of Revenues - Unclassified 308.5 — — — 168.5
Selling, General & Administrative Expenses - Total 4.2 2.2 1.9 1.5 2.1
Selling, General & Administrative Expenses - Unclassified 1.1 — — — 0.3
Amortization in Cost of Revenues — — — — —
Depreciation in Cost of Revenues 1.1 — — — 0.9
Depreciation in Selling, General & Administrative Expenses 0.3 — — — 0.2
Labor & Related Expenses including Stock-Based Compensation in Cost of Revenues 1.7 — — — 0.7
Amortization of Intangibles in Selling, General & Administrative Expenses — — — — —
Material Expenses 7.2 — — — 0.0
Utility Cost of Revenue - Purchased Power — — — — —
Other Operating Expense/(Income) - Net 0.4 1.0 5.0 0.6 1.2
Changes in Inventory — — — — —
Other Operating Income - Total 0.2 1.5 1.8 1.9 0.1
Materials Purchased 7.2 — — — —
Ground leases/Rental Expenses in Cost of Revenues — — — — 0.0
Cost of Revenues - Other - Total — — — — 0.9
Gross Profit - Industrials/Property - Total 32.4 1.9 15.1 7.3 20.3
Operating Expenses - Total 323.1 311.7 297.3 256.6 174.3
Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses 2.5 — — — 1.4
Research & Development Expense — — — — 0.1
Selling, General & Administrative Expenses - Other - Total 0.3 — — — 0.0
Advertising Expense 0.0 — — — 0.0
Operations & Maintenance (Utility) 0.0 — — — 0.0
Rental Expense 0.1 — — — 0.0
Operating Profit before Non-Recurring Income/(Expense) 27.8 (1.4) 8.2 5.2 17.0
Financing Income/(Expense) - Net - Total (3.6) (2.8) (1.2) (1.9) (1.1)
Interest Expense - Net of (Interest Income) 3.6 2.8 1.0 0.9 0.8
Other Operating Expense 0.5 2.5 6.8 2.4 1.2
Interest Expense - Net of Capitalized Interest 4.4 3.8 3.6 3.1 1.2
Provision for Doubtful Accounts & Write-off 0.3 — — — —
Non-Interest Financial Income/(Expense) - Total (0.0) (0.0) (0.2) (1.0) (0.3)
Non-Recurring Adjustments - Operating - Decrease/(Increase) — 0.0 — — —
Non-Interest Financial Income/(Expense) - Other - Net (0.0) (0.0) (0.0) (0.0) (0.0)
Sale of Tangible & Intangible Fixed Assets - Gain/Loss 0.0 0.2 0.0 0.0 0.0
Equity Earnings/(Loss) - before Taxes including Non-Recurring (0.0) 0.0 0.0 (0.0) (0.0)
Other Non-Operating Income/(Expense) - Total 0.0 (1.8) (0.3) 0.0 0.0
Non-Operating Rental Income 0.0 0.0 0.0 0.0 0.0
Foreign Exchange Gain/(Loss) - Non-Business (0.0) 0.0 (0.2) (1.0) (0.3)
Normalized Pre-tax Profit 24.1 (5.8) 6.7 3.4 15.9
Non-Recurring Income/Expense - Total — (0.0) — — 0.0
Impairment - Tangible & Intangible Fixed Assets — — — — 0.0
Impairment - Fixed Assets — — — — 0.0
Interest Income - Non-Bank 0.8 1.0 2.6 2.2 0.4
Interest Expense on Capital Financing - Gross — — — — —
Sale of Investments Held for Sale, Maturity & Trading - Gain/(Loss) — — — — —
COVID-19 Non-Recurring Income/(Expense) - Total — — — — 0.0
Provision for Income Tax Expense- Unclassified — (1.1) 2.7 1.5 —
Income before Taxes 24.1 (5.8) 6.7 3.4 15.9
Income Taxes 8.4 (1.1) 2.7 1.5 3.3
Income Taxes for the Year - Current 7.0 — — — 4.3
Income Taxes - Domestic - Current — — — — —
Income Taxes - Other (KFAS/NLST) - Current — — — — —
Income Taxes - Deferred 1.3 — — — 0.3
Income Taxes - Other (by Type) 0.1 — — — (1.2)
Debt Restructuring - Gain/(Loss) — (0.0) — — —
Net Income after Tax 15.8 (4.7) 4.1 1.8 12.6
COVID-19 One-time Government Grants — — — — 0.0
Income before Discontinued Operations & Extraordinary Items 15.8 (4.7) 4.1 1.8 12.6
Net Income before Minority Interest 15.8 (4.7) 4.1 1.8 12.6
Net Income after Minority Interest 15.8 (4.7) 4.1 1.8 12.6
Income Available to Common Shares 15.8 (4.7) 4.1 1.8 12.6
Other Comprehensive Income - Starting Line 15.8 — — — 12.6
Other Comprehensive Income - Revaluation of Tangible & Intangible Assets — — — — 9.2
Other Comprehensive Income - Associated Companies — — — — —
Other Comprehensive Income - Pension Related 0.4 — — — (0.2)
Other Comprehensive Income - Income Tax — — — — —
Other Comprehensive Income - Net of Tax - Total 0.4 — — — 9.0
Comprehensive Income before Minority Interest - Total 16.2 — — — 21.5
Comprehensive Income - Attributable to Parent Company Equity Holders - Total 16.2 — — — 21.5
DPS - Common - Gross - Issue - By Period End Date Rs 0.00 0.00 2.00 0.00 0.00
Net Income - Basic - including Extraordinary Items Applicable to Common - Total 15.8 (4.7) 4.1 1.8 12.6
Income available to Common excluding Extraordinary Items 15.8 (4.7) 4.1 1.8 12.6
Shares used to calculate Basic EPS - Total mn 630.0 630.0 630.0 630.0 630.0
EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs 25.05 (7.40) 6.45 2.90 19.96
EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs 25.05 (7.40) 6.45 2.90 19.96
EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs 25.05 (7.38) 6.45 2.90 19.94
Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific 15.8 (4.7) 4.1 1.8 12.6
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 630.0 630.0 630.0 630.0 630.0
EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs 25.05 (7.40) 6.45 2.90 19.96
EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 25.05 (7.40) 6.45 2.90 19.96
EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs 25.05 (7.38) 6.45 2.90 19.94
EPS - Basic from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00
Comprehensive Earnings Per Share - Basic - Issue Specific Rs 25.66 — — — 34.21
Dilution Adjustment — — — — —
Net Income - Diluted - including Extraordinary Items Applicable to Common - Total 15.8 (4.7) 4.1 1.8 12.6
Diluted Income available to Common excluding Extraordinary Items 15.8 (4.7) 4.1 1.8 12.6
Shares used to calculate Diluted EPS - Total mn 630.0 630.0 630.0 630.0 630.0
EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs 25.05 (7.40) 6.45 2.90 19.96
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs 25.05 (7.40) 6.45 2.90 19.96
EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs 25.05 (7.38) 6.45 2.90 19.94
Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific 15.8 (4.7) 4.1 1.8 12.6
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 630.0 630.0 630.0 630.0 630.0
EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs 25.05 (7.40) 6.45 2.90 19.96
EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs 25.05 (7.40) 6.45 2.90 19.96
EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs 25.05 (7.38) 6.45 2.90 19.94
EPS - Diluted from Discontinued Operations & Extraordinary Items Rs 0.00 0.00 0.00 0.00 0.00
Comprehensive Earnings Per Share - Diluted - Issue Specific Rs 25.66 — — — 34.21
DPS - Common - Gross - Issue - By Announcement Date Rs 0.00 2.00 0.00 0.00 0.00
DPS - Common - Net - Issue - By Announcement Date Rs 0.00 1.80 0.00 0.00 0.00
Earnings before Interest & Taxes (EBIT) 27.8 (1.4) 8.2 5.2 17.0
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) 29.2 0.1 9.5 6.4 18.2
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments 29.3 — — — 18.2
Depreciation & Amortization - Supplemental 1.4 1.5 1.3 1.2 1.1
Depreciation Expense - Total - Supplemental 1.4 1.4 1.3 1.2 1.1
Depreciation - Financial Lease Right-of-Use Assets - Supplemental 0.0 0.0 0.0 0.0 0.0
Amortization - Total - Supplemental 0.0 0.0 0.0 0.0 —
Intangible Amortization - Other - Supplemental 0.0 0.0 0.0 0.0 —
Amortization of Computer Software - Supplemental 0.0 0.0 0.0 0.0 —
Depreciation, Depletion & Amortization - Total 1.4 1.5 1.3 1.2 1.1
Depreciation - Total 1.4 1.4 1.3 1.2 1.1
Amortization of Intangible Assets including Goodwill - Total — — — — —
Amortization of Intangible Assets excluding Goodwill - Total 0.0 0.0 0.0 0.0 —
Labor & Related Expenses - Total 4.2 — — — 2.2
Labor & Related Expenses - Supplemental 4.2 — — — 2.2
Research & Development Expense - Expensed & Capitalized - Total - Supplemental — — — — 0.1
Research & Development Expense - Supplemental — — — — 0.1
Auditor Fees 0.0 — — 0.0 0.0
Audit-Related Fees 0.0 — — 0.0 0.0
Tax Fees 0.0 — — 0.0 0.0
Fees - Other 0.0 — — 0.0 0.0
Normalized after Tax Profit 15.8 (4.7) 4.1 1.8 12.6
Normalized Net Income from Continuing Operations 15.8 (4.7) 4.1 1.8 12.6
Normalized Net Income - Bottom Line 15.8 (4.7) 4.1 1.8 12.6
Earnings before Interest & Taxes (EBIT) - Normalized 27.7 (3.0) 7.7 4.3 16.7
Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized 29.2 (1.6) 9.0 5.4 17.8
Depreciation of Financial Lease Right-of-Use Assets 0.0 0.0 0.0 0.0 0.0
Interest Expense on Financial Lease Liabilities - Supplemental 0.0 0.0 0.0 0.0 0.0
Rental/Operating Lease Expense 0.1 — — — 0.0
Advertising Expenses - Supplemental 0.0 — — — 0.0
Interest Expense 4.4 3.8 3.6 3.1 1.2
Operating Expenses 323.1 311.7 297.3 256.6 174.3
Selling, General & Administrative Expenses excluding Research & Development Expenses 4.2 2.2 1.9 1.5 2.0
Income before Taxes & Provision for Loan Losses 24.1 (5.8) 6.7 3.4 15.9
Cost of Revenue including Operation & Maintenance (Utility) - Total 318.5 308.5 290.4 254.6 171.1
Cost of Revenues excluding Depreciation 317.3 308.5 290.4 254.6 170.1
Generation Cost 318.5 — — — 171.1
DPS - Common - Gross - Issue - By Payable Date Rs 0.00 2.00 0.00 0.00 0.00
DPS - Common - Gross - Issue - By Ex Date Rs 0.00 2.00 0.00 0.00 0.00
Tax Adjusted Operating Income 18.7 — 6.3 3.5 13.6
Operating Expenses excluding Non-Cash Charges - Total 321.6 310.3 296.1 255.5 173.1
Income Available to Common Shares before Depreciation & Amortization 17.2 (3.2) 5.3 3.0 13.7
Fixed Charges 4.4 3.8 3.6 3.1 1.2
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 2.00 0.00 0.00 0.00

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