Power Generation & Distribution
SPWL Saif Power Limited
Latest results: FY2025 · Dec 2025 Q2 FY2026 · Apr – Jun 2026
Last close · 16 Oct 2026
Rs 8.13 +4.50%
Quarterly · Q3 FY2021 – Q2 FY2026
Saif Power Limited (SPWL) quarterly cash flow statement
Operating activities generated -Rs 280.0 mn of cash in Q2 FY2026 (Apr – Jun 2026), -10,309% of the starting profit. Capital expenditure was Rs 1.3 mn, leaving free cash flow of -Rs 281.3 mn. Dividends paid to shareholders came to Rs 289.2 mn. Overall, cash decreased by Rs 80.4 mn.
| Rs mn | TTM to Jun 2026 | Q2 FY2026 Apr – Jun 2026 | Q1 FY2026 Jan – Mar 2026 | Q4 FY2025 Oct – Dec 2025 | Q3 FY2025 Jul – Sep 2025 | Q2 FY2025 Apr – Jun 2025 | Q1 FY2025 Jan – Mar 2025 | Q4 FY2024 * Oct – Dec 2024 | Q3 FY2024 Jul – Sep 2024 | Q2 FY2024 Apr – Jun 2024 | Q1 FY2024 Jan – Mar 2024 | Q4 FY2023 Oct – Dec 2023 | Q3 FY2023 * Jul – Sep 2023 | Q2 FY2023 * Apr – Jun 2023 | Q1 FY2023 Jan – Mar 2023 | Q4 FY2022 * Oct – Dec 2022 | Q3 FY2022 Jul – Sep 2022 | Q2 FY2022 Apr – Jun 2022 | Q1 FY2022 Jan – Mar 2022 | Q4 FY2021 Oct – Dec 2021 | Q3 FY2021 Jul – Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | |||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | 170.2 | 2.7 | 57.8 | 175.4 | (65.7) | (131.8) | 36.1 | (844.3) | 535.4 | 516.7 | 2.1 | 361.5 | 717.1 | (642.4) | (100.1) | 456.4 | 1,115.8 | 797.6 | (53.0) | 516.2 | 451.0 |
| Depreciation & amortisation | 657.9 | 169.8 | 161.2 | 161.8 | 165.1 | 176.4 | 162.8 | 163.9 | 167.6 | 162.2 | 163.1 | 160.4 | 163.6 | 162.9 | 160.2 | 159.9 | 158.9 | 157.9 | 156.7 | 155.3 | 156.7 |
| Net cash from operating activities | (173.9) | (280.0) | (530.7) | (186.6) | 823.4 | (398.4) | 5,186.6 | (1,075.7) | 619.0 | 3,081.8 | 237.4 | 2,542.5 | 770.7 | 504.1 | (127.4) | 65.5 | (3,249.2) | 1,993.6 | 4,067.7 | 1,139.5 | 839.0 |
| Investing activities | |||||||||||||||||||||
| Capital expenditure | (37.0) | (1.3) | (0.6) | (26.8) | (8.2) | (20.0) | (0.6) | (0.7) | (34.9) | (6.7) | — | (0.7) | — | (0.2) | 0.0 | (2.7) | (0.5) | (1.8) | (0.9) | — | (5.6) |
| Net cash from investing activities | (317.5) | (24.4) | 37.4 | (443.8) | 113.3 | 71.8 | (20.5) | 840.1 | (472.3) | (1,145.9) | (397.1) | (1,100.5) | (7.9) | (6.2) | 7.4 | 10.2 | (3.0) | (0.8) | 2.3 | (36.8) | (5.0) |
| Financing activities | |||||||||||||||||||||
| Dividends paid | (675.5) | (289.2) | 0.0 | (386.3) | 0.0 | — | (0.5) | (0.4) | (483.3) | (670.5) | (0.2) | (810.3) | (692.6) | (812.0) | (0.2) | (488.4) | (1,461.9) | (385.9) | (1,928.6) | (771.4) | (0.1) |
| Borrowings raised / (repaid) | (1,304.4) | 513.2 | 251.0 | 443.9 | (2,512.6) | (2,106.9) | 43.2 | 204.9 | 339.6 | (1,263.5) | (3,768.4) | 2,666.5 | (72.8) | 317.9 | (7,098.9) | 7,638.6 | 239.9 | 2,871.0 | (3,141.8) | 675.4 | (832.5) |
| Net cash from financing activities | (1,979.9) | 224.0 | 251.0 | 57.7 | (2,512.6) | (2,106.9) | 42.8 | 204.6 | (143.7) | (1,934.0) | (3,768.5) | 1,898.9 | (765.3) | (494.1) | (7,099.0) | 7,150.1 | (1,222.0) | 2,485.1 | (5,070.4) | (96.0) | (832.6) |
| Net change in cash | (2,471.3) | (80.4) | (242.3) | (572.8) | (1,575.8) | (2,433.5) | 5,208.8 | 1,261.9 | 3.0 | 1.8 | (3,928.2) | 3,340.9 | 44.4 | 546.1 | (7,219.7) | 7,877.3 | (4,475.7) | 4,478.0 | (1,000.7) | 1,001.5 | 1.4 |
| Key figures | |||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | (210.9) | (281.3) | (531.3) | (213.5) | 815.2 | (418.4) | 5,186.0 | (1,076.4) | 584.1 | 3,075.1 | — | 2,541.7 | — | 504.0 | (127.4) | 62.8 | (3,249.7) | 1,991.8 | 4,066.8 | — | 833.5 |
| Rs mn | Q2 FY2026 Apr – Jun 2026 | Q1 FY2026 Jan – Mar 2026 | Q4 FY2025 Oct – Dec 2025 | Q3 FY2025 Jul – Sep 2025 | Q2 FY2025 Apr – Jun 2025 | Q1 FY2025 Jan – Mar 2025 | Q4 FY2024 * Oct – Dec 2024 | Q3 FY2024 Jul – Sep 2024 | Q2 FY2024 Apr – Jun 2024 | Q1 FY2024 Jan – Mar 2024 | Q4 FY2023 Oct – Dec 2023 | Q3 FY2023 * Jul – Sep 2023 | Q2 FY2023 * Apr – Jun 2023 | Q1 FY2023 Jan – Mar 2023 | Q4 FY2022 * Oct – Dec 2022 | Q3 FY2022 Jul – Sep 2022 | Q2 FY2022 Apr – Jun 2022 | Q1 FY2022 Jan – Mar 2022 | Q4 FY2021 Oct – Dec 2021 | Q3 FY2021 Jul – Sep 2021 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | — | +60.2% | — | -112.3% | -125.5% | +1,584.2% | -333.6% | -25.3% | — | — | -20.8% | -35.7% | -180.5% | — | -11.6% | +147.4% | +145.6% | -111.6% | +23.0% | -9.6% |
| Depreciation & amortisation | -3.7% | -1.0% | -1.3% | -1.5% | +8.8% | -0.2% | +2.1% | +2.4% | -0.4% | +1.8% | +0.4% | +2.9% | +3.2% | +2.3% | +2.9% | +1.4% | +1.4% | +0.8% | +0.4% | +0.1% |
| Net cash from operating activities | — | -110.2% | — | +33.0% | -112.9% | +2,084.8% | -142.3% | -19.7% | +511.3% | — | +3,782.8% | — | -74.7% | -103.1% | -94.3% | -487.3% | +345.3% | — | +761.4% | — |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | -93.5% | +2.4% | +3,564.9% | -76.4% | +199.4% | — | -0.5% | — | +3,901.7% | — | -72.6% | — | -90.6% | -100.0% | — | -91.3% | -22.5% | +129.1% | — | +21.3% |
| Net cash from investing activities | -134.0% | — | -152.8% | — | — | — | — | — | — | -5,501.1% | -10,935.2% | — | — | +221.8% | — | — | -101.9% | — | -186.5% | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | — | -100.0% | +109,692.1% | -100.0% | — | +156.5% | -100.0% | -30.2% | -17.4% | +11.3% | +65.9% | -52.6% | +110.4% | -100.0% | -36.7% | +1,825,406.8% | -60.0% | +7,784,467.7% | +256,062.7% | -100.0% |
| Borrowings raised / (repaid) | — | +480.5% | +116.6% | -839.9% | — | — | -92.3% | — | -497.5% | — | -65.1% | -130.3% | -88.9% | — | +1,030.9% | — | +505.2% | -1,868.7% | — | -219.5% |
| Net cash from financing activities | — | +486.6% | -71.8% | — | — | — | -89.2% | — | — | — | -73.4% | — | -119.9% | — | — | — | — | -2,954.8% | — | -487.4% |
| Net change in cash | — | -104.7% | -145.4% | -53,140.2% | -134,579.5% | — | -62.2% | -93.3% | -99.7% | — | -57.6% | — | -87.8% | — | +686.5% | -328,348.3% | +306,655.9% | — | +9,768.1% | — |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | — | -110.2% | — | +39.6% | -113.6% | — | -142.4% | — | +510.2% | — | +3,947.8% | — | -74.7% | -103.1% | — | -489.9% | +347.2% | — | — | — |
Change against the same quarter a year earlier; shown when the earlier figure is positive.
Figures in Pakistani rupees as reported by the company; costs and cash outflows in brackets; "—" = not reported. TTM = the latest four quarters added together. * Figures in this period do not fully reconcile in the source data (hover the * for details). Updated 17 Oct 2026.
All reported line items 61
| Rs bn | Q2 FY2026 Apr – Jun 2026 | Q1 FY2026 Jan – Mar 2026 | Q4 FY2025 Oct – Dec 2025 | Q3 FY2025 Jul – Sep 2025 | Q2 FY2025 Apr – Jun 2025 | Q1 FY2025 Jan – Mar 2025 | Q4 FY2024 Oct – Dec 2024 | Q3 FY2024 Jul – Sep 2024 | Q2 FY2024 Apr – Jun 2024 | Q1 FY2024 Jan – Mar 2024 | Q4 FY2023 Oct – Dec 2023 | Q3 FY2023 Jul – Sep 2023 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 0.0 | 0.1 | 0.2 | (0.1) | (0.1) | 0.0 | (0.8) | 0.5 | 0.5 | 0.0 | 0.4 | 0.7 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 0.3 | 0.2 | 0.4 | 0.2 | 0.2 | 0.4 | 1.5 | 0.3 | 0.7 | 0.6 | 0.6 | 0.8 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | (0.0) | 0.0 | (0.1) | 0.0 | (0.0) | 0.0 | 1.6 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 0.2 | 0.1 | 0.4 | 0.0 | 0.1 | 0.2 | (0.3) | 0.1 | 0.5 | 0.4 | 0.4 | 0.6 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (0.0) | — | (0.0) | — | 0.0 | 0.0 | (0.0) | (0.0) | (0.0) | 0.0 | (0.0) | 0.0 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Paid - Cash | 0.2 | 0.2 | 0.7 | 0.1 | 0.3 | 0.3 | 0.8 | 0.2 | 0.5 | 0.5 | 0.6 | 0.6 |
| Interest & Dividends - Received - Total - Cash Flow | 0.1 | — | 0.1 | 0.4 | 0.2 | — | 0.5 | — | 0.0 | — | 0.0 | — |
| Cash Flow from Operating Activities before Changes in Working Capital | 0.2 | 0.1 | (0.0) | 0.4 | (0.1) | 0.1 | 0.3 | 0.6 | 0.8 | 0.1 | 0.4 | 0.9 |
| Working Capital - Increase/(Decrease) - Cash Flow | (0.5) | (0.6) | (0.1) | 0.5 | (0.3) | 5.1 | (1.3) | (0.0) | 2.3 | 0.1 | 2.2 | (0.1) |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | (0.5) | (0.7) | (1.6) | 0.7 | (0.4) | 4.9 | 0.3 | (0.1) | 0.7 | 0.0 | 2.4 | 0.8 |
| Inventories - Decrease/(Increase) - Cash Flow | — | — | — | — | — | — | 0.0 | — | — | — | (0.0) | 0.0 |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | (0.2) | 0.1 | 0.0 | 0.1 | (0.3) | 0.1 | 0.0 | 0.1 | (0.2) | 0.1 | (0.0) | (0.0) |
| Other Assets - Decrease/(Increase) - Cash Flow | — | — | — | — | — | — | 0.1 | — | — | — | — | 0.1 |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 0.3 | (0.0) | 1.4 | (0.4) | 0.3 | 0.1 | (1.7) | 0.0 | 1.8 | 0.0 | (0.2) | (1.0) |
| Net Cash Flow from Operating Activities | (0.3) | (0.5) | (0.2) | 0.8 | (0.4) | 5.2 | (1.1) | 0.6 | 3.1 | 0.2 | 2.5 | 0.8 |
| Capital Expenditures - Net - Cash Flow | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | (0.0) | (0.0) | 0.0 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | (0.0) | (0.0) | 0.0 |
| Property, Plant & Equipment - Purchased - Cash Flow | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | 0.0 | — |
| Property, Plant & Equipment Sold - Cash Flow | 0.0 | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Capital Expenditures - Total | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | 0.0 | — |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | (0.0) | 0.0 | (0.1) | 0.1 | 0.1 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | (0.0) | 0.0 | (0.1) | 0.1 | 0.1 | 0.0 | 0.0 | (0.0) | 0.0 | 0.0 | 0.0 | 0.0 |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | 0.0 | 0.0 | — | 0.1 | 0.1 | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | — |
| Investment Securities - Purchased - Unclassified - Cash Flow | 0.0 | — | 0.1 | 0.0 | — | — | — | — | — | — | — | — |
| Investments - Associated Companies & Joint Ventures - Sold/(Purchased) - Cash Flow | 0.0 | — | 0.0 | 0.0 | (0.0) | — | — | (0.4) | (1.0) | — | — | — |
| Other Investing Cash Flow - Decrease/(Increase) | (0.0) | 0.0 | (0.4) | 0.0 | 0.0 | (0.0) | 0.8 | 0.0 | (0.1) | (0.4) | (1.1) | (0.0) |
| Net Cash Flow from Investing Activities | (0.0) | 0.0 | (0.4) | 0.1 | 0.1 | (0.0) | 0.8 | (0.5) | (1.1) | (0.4) | (1.1) | (0.0) |
| Dividends Paid - Cash - Total - Cash Flow | 0.3 | 0.0 | 0.4 | 0.0 | — | 0.0 | 0.0 | 0.5 | 0.7 | 0.0 | 0.8 | 0.7 |
| Dividends - Common - Cash Paid | 0.3 | 0.0 | 0.4 | 0.0 | — | 0.0 | 0.0 | 0.5 | 0.7 | 0.0 | 0.8 | 0.7 |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | 0.5 | 0.3 | 0.4 | (2.5) | (2.1) | 0.0 | 0.2 | 0.3 | (1.3) | (3.8) | 2.7 | (0.1) |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | 0.6 | 0.2 | 0.5 | (2.4) | (2.1) | 0.1 | 0.3 | 0.4 | (1.2) | (3.7) | 2.8 | 0.0 |
| Debt - Issued - Short-Term - Cash Flow | 0.9 | — | 27.0 | — | — | — | — | — | — | — | — | — |
| Debt - Reduced - Short-Term - Cash Flow | 0.2 | — | 26.5 | — | — | — | — | — | — | — | — | — |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (0.1) | 0.0 | (0.1) | (0.1) | (0.0) | (0.0) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) | (0.1) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) | (0.0) | (0.0) |
| Debt - Issued - Long-Term - Cash Flow | — | 0.0 | — | — | — | — | — | 0.0 | — | — | — | — |
| Lease liabilities - Issued - Cash flow | — | 0.0 | — | — | — | — | — | 0.0 | — | — | — | — |
| Debt - Reduced - Long-Term - Cash Flow | 0.1 | — | 0.1 | 0.1 | 0.0 | 0.0 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 | 0.1 |
| Lease liabilities - Reduced - Cash flow represents cash outflow due to the repayment of lease liability/debt of the company. It includes finance leases, capitalized lease, and hire-purchase agreement. Applicable to all industries. If Lease liability issue | 0.0 | — | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | — | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Financing Cash Flow - Increase/(Decrease) | (0.0) | — | — | — | 0.0 | — | — | — | — | — | 0.0 | — |
| Net Cash Flow from Financing Activities | 0.2 | 0.3 | 0.1 | (2.5) | (2.1) | 0.0 | 0.2 | (0.1) | (1.9) | (3.8) | 1.9 | (0.8) |
| Net Cash Flow from Discontinued Operations - Operating Activities | — | — | — | — | — | — | 1.3 | — | — | — | — | 0.0 |
| Net Cash Flow from Discontinued Operations - Investing Activities | — | — | — | — | — | — | — | — | — | — | — | 0.0 |
| Net Cash Flow from Discontinued Operations - Financing Activities | — | — | — | — | — | — | — | — | — | — | — | 0.0 |
| Net Cash Flow from Discontinued Operations - Total | — | — | — | — | — | — | 1.3 | — | — | — | — | 0.0 |
| Net Change in Cash - Total | (0.1) | (0.2) | (0.6) | (1.6) | (2.4) | 5.2 | 1.3 | 0.0 | 0.0 | (3.9) | 3.3 | 0.0 |
| Net Cash from Continuing Operations | (0.1) | (0.2) | (0.6) | (1.6) | (2.4) | 5.2 | (0.0) | 0.0 | 0.0 | (3.9) | 3.3 | (0.0) |
| Net Cash from Discontinued Operations | — | — | — | — | — | — | 1.3 | — | — | — | — | 0.0 |
| Net Cash - Beginning Balance | 0.4 | 0.6 | 1.2 | 2.8 | 5.2 | 0.0 | (1.3) | 0.0 | 0.0 | 4.0 | 0.6 | 1.2 |
| Net Cash - Ending Balance | 0.3 | 0.4 | 0.6 | 1.2 | 2.8 | 5.2 | 0.0 | 0.0 | 0.0 | 0.0 | 4.0 | 1.3 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Interest Paid - Cash Flow - Supplemental | 0.2 | 0.2 | 0.7 | 0.1 | 0.3 | 0.3 | 0.8 | 0.2 | 0.5 | 0.5 | 0.6 | 0.6 |
| Interest & Dividends - Received - Cash Flow - Supplemental | 0.1 | — | 0.1 | 0.4 | 0.2 | — | 0.5 | — | 0.0 | — | 0.0 | — |
| CF from Optg Activities before Change in WC & Int Payments | 0.4 | 0.3 | 0.6 | 0.4 | 0.2 | 0.4 | 1.1 | 0.8 | 1.2 | 0.6 | 0.9 | 1.5 |
| Depreciation, Depletion & Amortization - Cash Flow | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 | 0.2 |
| Free Cash Flow to Equity | 0.2 | (0.3) | 0.3 | (1.7) | (2.5) | 5.2 | (0.8) | 0.9 | 1.8 | (3.5) | 5.2 | 0.7 |
| Free Cash Flow Net of Dividends | (0.6) | (0.5) | (0.6) | 0.8 | (0.4) | 5.2 | (1.1) | 0.1 | 2.4 | 0.2 | 1.7 | 0.1 |
| Free Cash Flow | (0.3) | (0.5) | (0.2) | 0.8 | (0.4) | 5.2 | (1.1) | 0.6 | 3.1 | 0.2 | 2.5 | 0.8 |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 12 periods; the table above goes back further.