Last close · 16 Oct 2026
Rs 19.28 -2.53%
Financials
Tariq Corporation Limited (TCORP) financials
15 years of annual results (FY2011 – FY2025).
Tariq Corporation Limited (TCORP) reported revenue of Rs 7.6 bn for FY2025 (Oct 2024 – Sep 2025), up 9.8% from FY2024.
Profit attributable to shareholders was Rs 36.6 mn (EPS Rs 0.54), up 73.3%, a net margin of 0.5%.
No cash dividend was declared for FY2025.
Net debt stood at Rs 660.9 mn.
Return on equity was 1.0%.
Over the last five years revenue grew at a compound 20.6% a year.
At Rs 19.28 (close on 16 Oct 2026) the shares trade at 36.0× earnings (FY2025) and 0.35× book value.
Fundamentals
TCORP at a glance
Revenue · FY2025
Rs 7.6 bn
▲ 9.8% year on year
Profit attributable to shareholders · FY2025
Rs 36.6 mn
▲ 73.3% year on year
EPS – basic (Rs) · FY2025
Rs 0.54
▲ 55.4% year on year
Dividend per share (Rs) · FY2025
Rs 0.00
Net margin · FY2025
0.5%
+0.2 pts year on year
Debt to equity · FY2025
17.6%
-5.9 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 7.6 bn
- Profit attributable · FY2025
- Rs 36.6 mn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 8.6 bn
- Equity · FY2025
- Rs 3.8 bn
Financial highlights
TCORP financial results
| Rs mn | FY2025 Oct 2024 – Sep 2025 | FY2024 Oct 2023 – Sep 2024 | FY2023 Oct 2022 – Sep 2023 | FY2022 Oct 2021 – Sep 2022 | FY2021 Oct 2020 – Sep 2021 | FY2020 Oct 2019 – Sep 2020 | FY2019 Oct 2018 – Sep 2019 | FY2018 Oct 2017 – Sep 2018 | FY2017 Oct 2016 – Sep 2017 | FY2016 Oct 2015 – Sep 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 7,551.9 | 6,876.5 | 7,832.8 | 6,286.5 | 6,148.5 | 2,954.6 | 3,715.6 | 2,755.7 | 3,856.5 | 3,144.1 |
| Gross profit | 198.8 | (419.1) | 973.2 | 480.2 | 476.0 | 294.3 | 240.1 | 259.1 | 485.3 | 245.6 |
| Operating profit | (206.0) | (776.8) | 589.3 | 186.4 | 237.4 | 42.3 | 70.0 | 69.2 | 314.4 | 160.8 |
| Profit after tax | 36.6 | 21.1 | 341.0 | (198.9) | 23.7 | (286.2) | 293.5 | 35.2 | 201.6 | 115.7 |
| Profit attributable to shareholders | 36.6 | 21.1 | 341.0 | (198.9) | 23.7 | (286.2) | 293.5 | 35.2 | 201.6 | 115.7 |
| EPS – basic (Rs) Rs | 0.54 | 0.34 | 6.24 | (3.68) | 0.56 | (7.20) | 8.19 | 1.16 | 7.44 | 4.24 |
| Dividend per share (Rs) Rs | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.27 | 0.00 | 0.00 | 0.00 |
| Total assets | 8,595.3 | 8,447.2 | 6,930.7 | 7,608.5 | 7,135.5 | 6,892.0 | 4,641.0 | 5,137.5 | 3,624.9 | 3,624.9 |
| Total equity | 3,847.9 | 3,771.5 | 3,649.1 | 2,698.4 | 2,997.5 | 2,967.1 | 2,401.2 | 2,002.5 | 1,871.5 | 2,402.6 |
| Total debt | 676.4 | 883.8 | 1,112.7 | 2,927.5 | 2,886.7 | 2,237.5 | 1,210.3 | 2,111.2 | 1,027.3 | 496.3 |
| Net cash from operating activities | (200.5) | 272.5 | 2,087.0 | 503.9 | (32.5) | (742.6) | 1,069.9 | (850.6) | 73.9 | (241.6) |
| Capital expenditure | (57.8) | (247.2) | (265.2) | (282.5) | (308.2) | (692.5) | (316.9) | (255.0) | (153.8) | (149.5) |
| Free cash flow (operating cash flow − capex) | (258.2) | 25.2 | 1,821.8 | 221.5 | (340.7) | (1,435.2) | 753.0 | (1,105.6) | (79.9) | (391.2) |
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.