Last close · 16 Oct 2026
Rs 274.90 -0.06%
Annual · FY2007 – FY2026
Shezan International Limited (SHEZ) income statement
Shezan International Limited reported revenue of Rs 9.6 bn for FY2026 (Jul 2025 – Jun 2026), up 4.9% on FY2025. Gross profit came to Rs 2.6 bn, a gross margin of 27.0%. Operating profit was Rs 666.6 mn (an operating margin of 6.9%). Finance cost was Rs 176.9 mn, down 3.5% on FY2025. Tax of Rs 87.8 mn took 19.9% of pre-tax profit. Profit attributable to shareholders was Rs 354.6 mn, up 117.4% on FY2025, or Rs 36.69 per share.
| 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 | 9,634.1 | 9,182.6 | 8,155.0 | 8,745.4 | 8,169.3 | |||||||||||||||
| Cost of revenue | (7,028.3) | (7,021.4) | (6,636.5) | (6,766.9) | (6,490.0) | |||||||||||||||
| Gross profit | 2,605.8 | 2,161.2 | 1,518.5 | 1,978.5 | 1,679.3 | |||||||||||||||
| Selling, general & administrative expenses | (1,900.1) | (1,718.8) | (1,583.5) | (1,619.8) | (1,435.0) | |||||||||||||||
| Operating profit | 666.6 | 422.6 | (67.7) | 336.3 | 227.3 | |||||||||||||||
| Finance cost | (176.9) | (183.3) | (325.9) | (273.5) | (114.9) | |||||||||||||||
| Profit before tax | 442.4 | 167.9 | (467.1) | 171.8 | 186.4 | |||||||||||||||
| Taxation | (87.8) | (4.9) | 4.3 | (133.0) | (106.5) | |||||||||||||||
| Profit after tax | 354.6 | 163.1 | (462.8) | 38.8 | 79.9 | |||||||||||||||
| Profit attributable to shareholders | 354.6 | 163.1 | (462.8) | 38.8 | 79.9 | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EPS – basic (Rs) Rs | 36.69 | 16.87 | (47.89) | 4.01 | 8.27 | |||||||||||||||
| EPS – diluted (Rs) Rs | 36.69 | 16.87 | (47.89) | 4.01 | 8.27 | |||||||||||||||
| Dividend per share (Rs) Rs | 13.50 | 7.00 | 0.00 | 2.00 | 5.00 | |||||||||||||||
| EBITDA | 848.3 | 611.5 | 144.1 | 570.9 | 472.2 | |||||||||||||||
| Depreciation & amortisation | 181.6 | 188.9 | 211.8 | 234.5 | 244.9 | |||||||||||||||
| Weighted average shares mn | 9.7 | 9.7 | 9.7 | 9.7 | 9.7 | |||||||||||||||
| 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 | +4.9% | +12.6% | -6.8% | +7.1% | +24.1% | |||||||||||||||
| Cost of revenue | +0.1% | +5.8% | -1.9% | +4.3% | +23.5% | |||||||||||||||
| Gross profit | +20.6% | +42.3% | -23.3% | +17.8% | +26.5% | |||||||||||||||
| Selling, general & administrative expenses | +10.5% | +8.5% | -2.2% | +12.9% | +36.3% | |||||||||||||||
| Operating profit | +57.8% | — | -120.1% | +48.0% | -16.4% | |||||||||||||||
| Finance cost | -3.5% | -43.8% | +19.1% | +138.0% | -5.1% | |||||||||||||||
| Profit before tax | +163.4% | — | -371.9% | -7.8% | +3.0% | |||||||||||||||
| Taxation | +1,701.6% | — | -103.2% | +24.9% | +83.8% | |||||||||||||||
| Profit after tax | +117.4% | — | -1,293.9% | -51.5% | -35.0% | |||||||||||||||
| Profit attributable to shareholders | +117.4% | — | -1,293.9% | -51.5% | -35.0% | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EPS – basic (Rs) | +117.4% | — | -1,293.9% | -51.5% | -35.0% | |||||||||||||||
| EPS – diluted (Rs) | +117.4% | — | -1,293.9% | -51.5% | -35.0% | |||||||||||||||
| Dividend per share (Rs) | +92.9% | — | -100.0% | -60.0% | 0.0% | |||||||||||||||
| EBITDA | +38.7% | +324.3% | -74.8% | +20.9% | -14.4% | |||||||||||||||
| Depreciation & amortisation | -3.9% | -10.8% | -9.7% | -4.2% | -12.4% | |||||||||||||||
| Weighted average shares | — | — | — | — | — | |||||||||||||||
Change against the previous fiscal year; shown when the earlier figure is positive.
| 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 | (73.0%) | (76.5%) | (81.4%) | (77.4%) | (79.4%) | |||||||||||||||
| Gross profit | 27.0% | 23.5% | 18.6% | 22.6% | 20.6% | |||||||||||||||
| Selling, general & administrative expenses | (19.7%) | (18.7%) | (19.4%) | (18.5%) | (17.6%) | |||||||||||||||
| Operating profit | 6.9% | 4.6% | (0.8%) | 3.8% | 2.8% | |||||||||||||||
| Finance cost | (1.8%) | (2.0%) | (4.0%) | (3.1%) | (1.4%) | |||||||||||||||
| Profit before tax | 4.6% | 1.8% | (5.7%) | 2.0% | 2.3% | |||||||||||||||
| Taxation | (0.9%) | (0.1%) | 0.1% | (1.5%) | (1.3%) | |||||||||||||||
| Profit after tax | 3.7% | 1.8% | (5.7%) | 0.4% | 1.0% | |||||||||||||||
| Profit attributable to shareholders | 3.7% | 1.8% | (5.7%) | 0.4% | 1.0% | |||||||||||||||
| Per share & other | ||||||||||||||||||||
| EBITDA | 8.8% | 6.7% | 1.8% | 6.5% | 5.8% | |||||||||||||||
| Depreciation & amortisation | 1.9% | 2.1% | 2.6% | 2.7% | 3.0% | |||||||||||||||
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 129
| 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 from Goods & Services | 9,634.1 | 9,182.6 | 8,155.0 | 8,745.4 | 8,169.3 |
| Sales of Goods & Services - Net - Unclassified | 9,634.1 | 9,182.6 | 8,155.0 | 8,745.4 | 8,169.3 |
| Revenue Taxes | — | — | — | — | — |
| Gross Revenue from Business Activities - Total | — | — | — | — | — |
| Revenue from Business Activities - Total | 9,634.1 | 9,182.6 | 8,155.0 | 8,745.4 | 8,169.3 |
| Cost of Operating Revenue | 7,028.3 | 7,021.4 | 6,636.5 | 6,766.9 | 6,490.0 |
| Cost of Revenues - Total | 7,028.3 | 7,021.4 | 6,636.5 | 6,766.9 | 6,490.0 |
| Cost of Revenues - Unclassified | 6,816.0 | 6,804.0 | 6,405.1 | 6,510.7 | 6,231.6 |
| Selling, General & Administrative Expenses - Total | 1,900.1 | 1,718.8 | 1,583.5 | 1,619.8 | 1,435.0 |
| Selling, General & Administrative Expenses - Unclassified | 1,810.2 | 1,620.8 | 1,498.9 | 1,554.3 | 1,366.8 |
| Depreciation in Cost of Revenues | 116.6 | 126.7 | 150.3 | 169.0 | 176.7 |
| Depreciation in Selling, General & Administrative Expenses | 65.1 | 62.2 | 61.4 | 65.6 | 68.2 |
| Labor & Related Expenses including Stock-Based Compensation in Cost of Revenues | — | — | — | — | — |
| Material Expenses | — | — | — | — | — |
| Other Operating Expense/(Income) - Net | 39.0 | 19.8 | 2.7 | 22.4 | 17.1 |
| Changes in Inventory | — | — | — | — | — |
| Other Operating Income - Total | 4.9 | 3.0 | 0.5 | 2.8 | 16.3 |
| Materials Purchased | — | — | — | — | — |
| Ground leases/Rental Expenses in Cost of Revenues | — | — | — | — | — |
| Cost of Revenues - Other - Total | 95.7 | 90.7 | 81.1 | 87.1 | 81.7 |
| Gross Profit - Industrials/Property - Total | 2,605.8 | 2,161.2 | 1,518.5 | 1,978.5 | 1,679.3 |
| Operating Expenses - Total | 8,967.4 | 8,760.0 | 8,222.6 | 8,409.1 | 7,942.0 |
| Labor & Related Expenses including Stock-Based Compensation in Selling, General & Administrative Expenses | — | — | — | — | — |
| Selling, General & Administrative Expenses - Other - Total | 24.8 | 35.8 | 23.1 | — | — |
| Advertising Expense | — | — | — | — | — |
| Operations & Maintenance (Utility) | — | — | — | — | — |
| Rental Expense | — | — | — | — | — |
| Operating Profit before Non-Recurring Income/(Expense) | 666.6 | 422.6 | (67.7) | 336.3 | 227.3 |
| Financing Income/(Expense) - Net - Total | (183.0) | (190.3) | (336.3) | (224.6) | (92.5) |
| Interest Expense - Net of (Interest Income) | 176.5 | 182.6 | 324.9 | 273.0 | 114.1 |
| Other Operating Expense | 44.0 | 22.8 | 3.2 | 25.2 | 33.4 |
| Occupancy Expense - Other | — | — | — | — | — |
| Interest Expense - Net of Capitalized Interest | 176.9 | 183.3 | 325.9 | 273.5 | 114.9 |
| Provision for Doubtful Accounts & Write-off | 24.8 | 35.8 | 23.1 | — | — |
| Non-Interest Financial Income/(Expense) - Total | (6.5) | (7.7) | (11.4) | 48.5 | 21.6 |
| Non-Interest Financial Income/(Expense) - Other - Net | (6.7) | (6.7) | (6.2) | (6.1) | (4.3) |
| Sale of Tangible & Intangible Fixed Assets - Gain/Loss | 21.3 | 3.5 | 5.2 | 18.5 | 15.3 |
| Equity Earnings/(Loss) - before Taxes including Non-Recurring | — | — | — | — | — |
| Other Non-Operating Income/(Expense) - Total | (123.3) | (118.0) | (101.1) | — | — |
| Foreign Exchange Gain/(Loss) - Non-Business | — | (1.2) | (5.4) | 54.6 | 25.4 |
| Normalized Pre-tax Profit | 381.6 | 117.8 | (499.8) | 130.2 | 150.0 |
| Non-Recurring Income/Expense - Total | 60.8 | 50.1 | 32.7 | 41.6 | 36.4 |
| Impairment - Tangible & Intangible Fixed Assets | — | — | — | — | — |
| Impairment - Fixed Assets | — | — | — | — | — |
| Interest Income - Non-Bank | 0.5 | 0.7 | 1.0 | 0.5 | 0.8 |
| Impairment - Investment Property | — | — | — | — | — |
| Dividend & Investment Income | 0.2 | 0.2 | 0.2 | — | 0.4 |
| Sale of Investments Held for Sale, Maturity & Trading - Gain/(Loss) | — | — | — | — | — |
| Non-Recurring Income/(Expense) - Other - Total | 60.8 | 50.1 | 32.7 | 41.6 | 36.4 |
| Provision for Income Tax Expense- Unclassified | 87.8 | 4.9 | (4.3) | 133.0 | 106.5 |
| Income before Taxes | 442.4 | 167.9 | (467.1) | 171.8 | 186.4 |
| Income Taxes | 87.8 | 4.9 | (4.3) | 133.0 | 106.5 |
| Income Taxes for the Year - Current | — | — | — | — | — |
| Income Taxes - Domestic - Current | — | — | — | — | — |
| Income Taxes - Other (KFAS/NLST) - Current | — | — | — | — | — |
| Income Taxes - Deferred | — | — | — | — | — |
| Income Taxes - Domestic - Deferred | — | — | — | — | — |
| Net Income after Tax | 354.6 | 163.1 | (462.8) | 38.8 | 79.9 |
| Income before Discontinued Operations & Extraordinary Items | 354.6 | 163.1 | (462.8) | 38.8 | 79.9 |
| Net Income before Minority Interest | 354.6 | 163.1 | (462.8) | 38.8 | 79.9 |
| Net Income after Minority Interest | 354.6 | 163.1 | (462.8) | 38.8 | 79.9 |
| Income Available to Common Shares | 354.6 | 163.1 | (462.8) | 38.8 | 79.9 |
| DPS - Common - Gross - Issue - By Period End Date Rs | 13.50 | 7.00 | 0.00 | 2.00 | 5.00 |
| Net Income - Basic - including Extraordinary Items Applicable to Common - Total | 354.6 | 163.1 | (462.8) | 38.8 | 79.9 |
| Income available to Common excluding Extraordinary Items | 354.6 | 163.1 | (462.8) | 38.8 | 79.9 |
| Shares used to calculate Basic EPS - Total mn | 9.7 | 9.7 | 9.7 | 9.7 | 9.7 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Total Rs | 36.69 | 16.87 | (47.89) | 4.01 | 8.27 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Total Rs | 36.69 | 16.87 | (47.89) | 4.01 | 8.27 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Total Rs | 30.40 | 11.69 | (51.28) | (0.29) | 4.50 |
| Allocated Net Income including Extraordinary Items Applicable to Common - Issue Specific | 354.6 | 163.1 | (462.8) | 38.8 | 79.9 |
| 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 | 9.7 | 9.7 | 9.7 | 9.7 | 9.7 |
| EPS - Basic - including Extraordinary Items Applicable to Common - Issue Specific Rs | 36.69 | 16.87 | (47.89) | 4.01 | 8.27 |
| EPS - Basic - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 36.69 | 16.87 | (47.89) | 4.01 | 8.27 |
| EPS - Basic - excluding Extraordinary Items - Normalized - Issue Specific Rs | 30.40 | 11.69 | (51.28) | (0.29) | 4.50 |
| EPS - Basic from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Dilution Adjustment | — | — | — | — | — |
| Net Income - Diluted - including Extraordinary Items Applicable to Common - Total | 354.6 | 163.1 | (462.8) | 38.8 | 79.9 |
| Diluted Income available to Common excluding Extraordinary Items | 354.6 | 163.1 | (462.8) | 38.8 | 79.9 |
| Shares used to calculate Diluted EPS - Total mn | 9.7 | 9.7 | 9.7 | 9.7 | 9.7 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Total Rs | 36.69 | 16.87 | (47.89) | 4.01 | 8.27 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Total Rs | 36.69 | 16.87 | (47.89) | 4.01 | 8.27 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Total Rs | 30.40 | 11.69 | (51.28) | (0.29) | 4.50 |
| Allocated Diluted Net Income including Extraordinary Items Applicable to Common - Issue Specific | 354.6 | 163.1 | (462.8) | 38.8 | 79.9 |
| 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 | 9.7 | 9.7 | 9.7 | 9.7 | 9.7 |
| EPS - Diluted - including Extraordinary Items Applicable to Common - Issue Specific Rs | 36.69 | 16.87 | (47.89) | 4.01 | 8.27 |
| EPS - Diluted - excluding Extraordinary Items Applicable to Common - Issue Specific Rs | 36.69 | 16.87 | (47.89) | 4.01 | 8.27 |
| EPS - Diluted - excluding Extraordinary Items - Normalized - Issue Specific Rs | 30.40 | 11.69 | (51.28) | (0.29) | 4.50 |
| EPS - Diluted from Discontinued Operations & Extraordinary Items Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| DPS - Common - Gross - Issue - By Announcement Date Rs | 7.00 | 0.00 | 2.00 | 5.00 | 5.00 |
| DPS - Common - Net - Issue - By Announcement Date Rs | 6.30 | 0.00 | 1.80 | 4.50 | 4.50 |
| Earnings before Interest & Taxes (EBIT) | 666.6 | 422.6 | (67.7) | 336.3 | 227.3 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) | 848.3 | 611.5 | 144.1 | 570.9 | 472.2 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) and Operating Lease Payments | — | — | — | — | — |
| Depreciation & Amortization - Supplemental | 11.6 | 188.9 | 211.8 | 234.5 | 244.9 |
| Depreciation Expense - Total - Supplemental | 11.6 | 188.9 | 211.8 | 234.5 | 244.9 |
| Depreciation - Financial Lease Right-of-Use Assets - Supplemental | 11.5 | 12.4 | 11.8 | 11.6 | 11.5 |
| Depreciation, Depletion & Amortization - Total | 181.6 | 188.9 | 211.8 | 234.5 | 244.9 |
| Depreciation - Total | 181.6 | 188.9 | 211.8 | 234.5 | 244.9 |
| Labor & Related Expenses - Total | — | — | — | — | — |
| Labor & Related Expenses - Supplemental | — | — | — | — | — |
| Auditor Fees | — | — | — | — | — |
| Audit-Related Fees | — | — | — | — | — |
| Tax Fees | — | — | — | — | — |
| Normalized after Tax Profit | 293.8 | 112.9 | (495.6) | (2.8) | 43.5 |
| Normalized Net Income from Continuing Operations | 293.8 | 112.9 | (495.6) | (2.8) | 43.5 |
| Normalized Net Income - Bottom Line | 293.8 | 112.9 | (495.6) | (2.8) | 43.5 |
| Earnings before Interest & Taxes (EBIT) - Normalized | 558.1 | 300.4 | (174.9) | 403.3 | 264.1 |
| Earnings before Interest, Taxes, Depreciation & Amortization (EBITDA) - Normalized | 739.7 | 489.4 | 36.8 | 637.8 | 509.0 |
| Depreciation of Financial Lease Right-of-Use Assets | 11.5 | 12.4 | 11.8 | 11.6 | 11.5 |
| Interest Expense on Financial Lease Liabilities - Supplemental | 5.8 | 6.7 | 4.3 | 6.3 | — |
| Rental/Operating Lease Expense | — | — | — | — | — |
| Advertising Expenses - Supplemental | — | — | — | — | — |
| Interest Expense | 176.9 | 183.3 | 325.9 | 273.5 | 114.9 |
| Operating Expenses | 8,967.4 | 8,760.0 | 8,222.6 | 8,409.1 | 7,942.0 |
| Selling, General & Administrative Expenses excluding Research & Development Expenses | 1,900.1 | 1,718.8 | 1,583.5 | 1,619.8 | 1,435.0 |
| Income before Taxes & Provision for Loan Losses | 442.4 | 167.9 | (467.1) | 171.8 | 186.4 |
| Cost of Revenue including Operation & Maintenance (Utility) - Total | 7,028.3 | 7,021.4 | 6,636.5 | 6,766.9 | 6,490.0 |
| Cost of Revenues excluding Depreciation | 6,911.8 | 6,894.7 | 6,486.1 | 6,597.9 | 6,313.3 |
| Generation Cost | — | — | — | — | — |
| DPS - Common - Gross - Issue - By Payable Date Rs | 7.00 | 0.00 | 2.00 | 5.00 | 5.00 |
| DPS - Common - Gross - Issue - By Ex Date Rs | 7.00 | 0.00 | 2.00 | 5.00 | 5.00 |
| Tax Adjusted Operating Income | 496.4 | 341.0 | — | 100.5 | 129.2 |
| Operating Expenses excluding Non-Cash Charges - Total | 8,785.8 | 8,571.1 | 8,010.9 | 8,174.6 | 7,697.1 |
| Income Available to Common Shares before Depreciation & Amortization | 536.2 | 352.0 | (251.0) | 273.3 | 324.8 |
| Fixed Charges | 176.9 | 183.3 | 325.9 | 273.5 | 114.9 |
| Estimated Tax Rate | 0.29× | 0.29× | 0.29× | 0.29× | 0.29× |
| Total Common & Spl DPS -Gross - Issue - By Announcement Date Rs | 7.00 | 0.00 | 2.00 | 5.00 | 5.00 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.