Last close · 16 Oct 2026
Rs 66.50 -0.63%
Annual · FY2006 – FY2025
Thatta Cement Company Limited (THCCL) cash flow statement
Operating activities generated Rs 2.1 bn of cash in FY2025 (Jul 2024 – Jun 2025), down 42.0% on FY2024, 61% of the starting profit. Capital expenditure was Rs 1.5 bn, leaving free cash flow of Rs 581.6 mn. Dividends paid to shareholders came to Rs 131.6 mn. Overall, cash increased by Rs 1.2 bn.
| Rs mn | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 Jul 2020 – Jun 2021 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | 3,438.6 | 2,274.3 | 437.9 | 124.2 | 322.3 | |||||||||||||||
| Depreciation & amortisation | 299.4 | 271.2 | 250.0 | 234.2 | 223.3 | |||||||||||||||
| Net cash from operating activities | 2,103.0 | 3,623.8 | 711.7 | 552.0 | 559.3 | |||||||||||||||
| Investing activities | ||||||||||||||||||||
| Capital expenditure | (1,521.4) | (532.7) | (66.1) | (118.7) | (52.4) | |||||||||||||||
| Net cash from investing activities | (735.2) | (1,329.8) | 166.2 | (487.6) | (51.7) | |||||||||||||||
| Financing activities | ||||||||||||||||||||
| Dividends paid | (131.6) | (0.0) | (0.0) | (24.8) | (0.2) | |||||||||||||||
| Borrowings raised / (repaid) | — | 0.0 | (125.2) | (187.8) | (88.0) | |||||||||||||||
| Net cash from financing activities | (131.6) | 23.4 | (425.2) | (212.6) | (88.2) | |||||||||||||||
| Net change in cash | 1,236.2 | 2,317.4 | 452.6 | (148.2) | 419.3 | |||||||||||||||
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | 581.6 | 3,091.1 | 645.5 | 433.3 | 506.9 | |||||||||||||||
| Rs mn | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 Jul 2020 – Jun 2021 | |||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | +51.2% | +419.4% | +252.5% | -61.5% | +393.4% | |||||||||||||||
| Depreciation & amortisation | +10.4% | +8.5% | +6.7% | +4.9% | +19.6% | |||||||||||||||
| Net cash from operating activities | -42.0% | +409.2% | +28.9% | -1.3% | +142.1% | |||||||||||||||
| Investing activities | ||||||||||||||||||||
| Capital expenditure | +185.6% | +705.5% | -44.3% | +126.6% | -56.3% | |||||||||||||||
| Net cash from investing activities | — | -900.2% | — | — | — | |||||||||||||||
| Financing activities | ||||||||||||||||||||
| Dividends paid | +548,116.7% | +60.0% | -99.9% | +10,911.6% | -55.1% | |||||||||||||||
| Borrowings raised / (repaid) | — | — | — | — | — | |||||||||||||||
| Net cash from financing activities | -661.8% | — | — | — | — | |||||||||||||||
| Net change in cash | -46.7% | +412.0% | — | -135.3% | — | |||||||||||||||
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | -81.2% | +378.9% | +49.0% | -14.5% | +356.1% | |||||||||||||||
Change against the previous fiscal year; shown when the earlier figure is positive.
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 62
| Rs mn | FY2025 Jul 2024 – Jun 2025 | FY2024 Jul 2023 – Jun 2024 | FY2023 Jul 2022 – Jun 2023 | FY2022 Jul 2021 – Jun 2022 | FY2021 Jul 2020 – Jun 2021 |
|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 3,438.6 | 2,274.3 | 437.9 | 124.2 | 322.3 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 485.2 | 598.3 | 380.7 | 397.0 | 372.7 |
| Equity Income/(Loss) in Net Earnings - Cash Flow - to Reconcile | — | — | — | — | — |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | (15.1) | 134.8 | (40.8) | 4.0 | 8.6 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 202.7 | 240.8 | 217.4 | 160.2 | 140.7 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 299.4 | 271.2 | 250.0 | 234.2 | 224.0 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 298.2 | 270.1 | 248.8 | 233.6 | 223.3 |
| Amortization - Intangible Assets & Deferred Charges - Cash Flow - to Reconcile | 1.2 | 1.2 | 1.2 | 0.6 | — |
| Impairment - Property, Plant & Equipment including Intangible Assets - Cash Flow - to Reconcile | — | — | — | 0.0 | 0.7 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (1.8) | (48.6) | (46.0) | (1.4) | (0.7) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 925.0 | 171.1 | 37.2 | 14.4 | 13.3 |
| Interest Paid - Cash | 65.4 | 54.3 | 112.0 | 116.1 | 151.1 |
| Cash Flow from Operating Activities before Changes in Working Capital | 2,933.3 | 2,647.2 | 669.3 | 390.7 | 530.7 |
| Working Capital - Increase/(Decrease) - Cash Flow | (830.3) | 976.6 | 42.4 | 161.3 | 28.6 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | (712.8) | 191.1 | 594.2 | (460.8) | (193.8) |
| Inventories - Decrease/(Increase) - Cash Flow | (487.7) | 685.8 | (288.2) | (217.1) | 107.0 |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | 15.7 | (1.8) | (25.6) | 21.9 | (6.6) |
| Other Assets - Decrease/(Increase) - Cash Flow | — | — | — | — | — |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | 354.6 | 101.4 | (238.1) | 817.3 | 121.9 |
| Other Liabilities - Increase/(Decrease) -Total - Cash Flow | — | — | — | — | — |
| Accounts Payable - Increase/(Decrease) - Cash Flow | — | — | — | — | — |
| Net Cash Flow from Operating Activities | 2,103.0 | 3,623.8 | 711.7 | 552.0 | 559.3 |
| Capital Expenditures - Net - Cash Flow | 1,519.6 | 482.7 | (17.5) | 117.2 | 51.7 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 1,519.6 | 482.7 | (17.5) | 111.3 | 51.7 |
| Property, Plant & Equipment - Purchased - Cash Flow | 1,521.4 | 532.7 | 66.1 | 112.8 | 52.4 |
| Property, Plant & Equipment Sold - Cash Flow | 1.8 | 50.0 | 83.7 | 1.5 | 0.7 |
| Intangible Assets - Purchased/(Sold) - Net - Total - Cash Flow | — | — | 0.0 | 5.9 | — |
| Intangible Assets - Purchased/Acquired - Cash Flow | — | — | 0.0 | 5.9 | — |
| Capital Expenditures - Total | 1,521.4 | 532.7 | 66.1 | 118.7 | 52.4 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | 1,190.8 | (867.1) | 150.0 | (367.7) | — |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | 1,190.8 | (867.1) | 150.0 | (367.7) | — |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | 1,190.8 | — | 150.0 | — | — |
| Investment Securities - Purchased - Unclassified - Cash Flow | — | 867.1 | — | 367.7 | — |
| Investments - Associated Companies & Joint Ventures - Sold/(Purchased) - Cash Flow | (137.5) | — | — | — | — |
| Other Investing Cash Flow - Decrease/(Increase) | (269.0) | 20.0 | (1.3) | (2.7) | — |
| Net Cash Flow from Investing Activities | (735.2) | (1,329.8) | 166.2 | (487.6) | (51.7) |
| Dividends Paid - Cash - Total - Cash Flow | 131.6 | 0.0 | 0.0 | 24.8 | 0.2 |
| Dividends - Common - Cash Paid | 131.6 | 0.0 | 0.0 | 24.8 | 0.2 |
| Stock - Total - Issuance/(Retirement) - Net - Cash Flow | 0.0 | (276.6) | — | — | — |
| Stock - Issuance/(Retirement) - Net - Excluding Options/Warrants - Cash Flow | 0.0 | (276.6) | — | — | — |
| Stock - Common - Issuance/(Retirement) - Net - Cash Flow | 0.0 | (276.6) | — | — | — |
| Stock - Common - Repurchased/Retired - Cash Flow | 0.0 | 276.6 | — | — | — |
| Stock - Common - Issued/Sold - Cash Flow | — | — | — | — | — |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | — | 0.0 | (125.2) | (187.8) | (88.0) |
| Debt - Issued/Reduced - Long-Term - Cash Flow | — | 0.0 | (125.2) | (187.8) | (88.0) |
| Debt - Issued - Long-Term - Cash Flow | — | — | — | — | — |
| Debt - Reduced - Long-Term - Cash Flow | — | 0.0 | 125.2 | 187.8 | 88.0 |
| Other Financing Cash Flow - Increase/(Decrease) | — | 300.0 | (300.0) | — | 0.0 |
| Net Cash Flow from Financing Activities | (131.6) | 23.4 | (425.2) | (212.6) | (88.2) |
| Net Change in Cash - Total | 1,236.2 | 2,317.4 | 452.6 | (148.2) | 419.3 |
| Net Cash from Continuing Operations | 1,236.2 | 2,317.4 | 452.6 | (148.2) | 419.3 |
| Net Cash - Beginning Balance | 2,795.3 | 477.8 | 25.2 | 173.4 | (245.9) |
| Net Cash - Ending Balance | 4,031.4 | 2,795.3 | 477.8 | 25.2 | 173.4 |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 925.0 | 171.1 | 37.2 | 14.4 | 13.3 |
| Interest Paid - Cash Flow - Supplemental | 65.4 | 54.3 | 112.0 | 116.1 | 151.1 |
| CF from Optg Activities before Change in WC & Int Payments | 2,998.8 | 2,701.5 | 781.4 | 506.9 | 681.8 |
| Cash Dividends Paid & Common Stock Buyback - Net | 131.6 | 276.6 | — | — | — |
| Common Stock Buyback - Net | 0.0 | 276.6 | — | — | — |
| Depreciation, Depletion & Amortization - Cash Flow | 299.4 | 271.2 | 250.0 | 234.2 | 223.3 |
| Free Cash Flow to Equity | 583.4 | 3,141.1 | 604.0 | 247.0 | 419.6 |
| Free Cash Flow Net of Dividends | 450.0 | 3,091.1 | 645.5 | 408.6 | 506.7 |
| Free Cash Flow | 581.6 | 3,091.1 | 645.5 | 433.3 | 506.9 |
Every line the company reported, in the original order and wording, without regrouping or signs changed.