Last close · 16 Oct 2026
Rs 457.80 +0.34%
Annual · FY2006 – FY2025
Tandlianwala Sugar Mills Limited (TSML) cash flow statement
Operating activities generated Rs 821.7 mn of cash in FY2025 (Oct 2024 – Sep 2025), 82% of the starting profit. Capital expenditure was Rs 120.6 mn, leaving free cash flow of Rs 701.1 mn. Overall, cash decreased by Rs 145.0 mn.
| Rs bn | 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 | FY2015 Oct 2014 – Sep 2015 | FY2014 Oct 2013 – Sep 2014 | FY2013 Oct 2012 – Sep 2013 | FY2012 Oct 2011 – Sep 2012 | FY2011 Oct 2010 – Sep 2011 | FY2010 Oct 2009 – Sep 2010 | FY2009 Oct 2008 – Sep 2009 | FY2008 Oct 2007 – Sep 2008 | FY2007 Oct 2006 – Sep 2007 | FY2006 Oct 2005 – Sep 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | 1.0 | 1.8 | 2.1 | 1.0 | 1.0 | 0.0 | 1.7 | 0.8 | 0.5 | 0.9 | 0.6 | 0.1 | (0.3) | (0.1) | 0.5 | 0.6 | 0.1 | (0.1) | 0.0 | 0.1 |
| Depreciation & amortisation | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.6 | 0.6 | 0.5 | 0.4 | 0.3 | 0.3 | 0.3 | 0.3 | 0.1 | 0.1 | 0.1 | 0.1 |
| Net cash from operating activities | 0.8 | (10.0) | 3.0 | 0.8 | (1.8) | 0.6 | 3.5 | 3.6 | (3.5) | 2.3 | 1.0 | (2.0) | 1.4 | (0.8) | (1.2) | 3.1 | 0.6 | (0.5) | (0.7) | (0.9) |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | (0.1) | (0.2) | (0.3) | (0.3) | (0.6) | (0.6) | (1.3) | (2.1) | (2.6) | (0.8) | (1.5) | (2.5) | (1.8) | (0.9) | (0.5) | (0.2) | (0.2) | (1.8) | (0.8) | (0.6) |
| Net cash from investing activities | (0.2) | (0.2) | (0.1) | (0.2) | (0.5) | (0.7) | (1.1) | (2.1) | (2.6) | (0.8) | (1.5) | (2.5) | (1.7) | (0.9) | (0.5) | (0.2) | (0.3) | (1.4) | (0.8) | (0.6) |
| Financing activities | ||||||||||||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | (0.0) | 0.0 | — | — |
| Borrowings raised / (repaid) | (0.8) | 9.4 | (2.6) | (0.0) | 2.1 | 0.2 | (2.3) | (1.5) | 6.7 | (1.6) | (0.1) | 4.1 | 0.3 | 2.1 | 1.8 | (1.5) | (1.0) | 0.2 | 0.5 | 1.6 |
| Net cash from financing activities | (0.8) | 9.4 | (2.6) | (0.0) | 2.1 | 0.2 | (2.3) | (2.0) | 6.7 | (1.6) | 0.3 | 4.1 | 0.7 | 1.8 | 1.9 | (2.8) | (0.3) | 1.8 | 1.2 | 1.6 |
| Net change in cash | (0.1) | (0.8) | 0.4 | 0.5 | (0.2) | 0.1 | 0.1 | (0.5) | 0.6 | (0.1) | (0.2) | (0.4) | 0.3 | 0.2 | 0.2 | 0.0 | 0.0 | (0.0) | (0.3) | 0.1 |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | 0.7 | (10.2) | 2.7 | 0.5 | (2.4) | (0.0) | 2.2 | 1.5 | (6.2) | 1.5 | (0.5) | (4.5) | (0.4) | (1.6) | (1.7) | 2.8 | 0.3 | (2.3) | (1.4) | (1.5) |
| 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 | FY2015 Oct 2014 – Sep 2015 | FY2014 Oct 2013 – Sep 2014 | FY2013 Oct 2012 – Sep 2013 | FY2012 Oct 2011 – Sep 2012 | FY2011 Oct 2010 – Sep 2011 | FY2010 Oct 2009 – Sep 2010 | FY2009 Oct 2008 – Sep 2009 | FY2008 Oct 2007 – Sep 2008 | FY2007 Oct 2006 – Sep 2007 | FY2006 Oct 2005 – Sep 2006 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating activities | ||||||||||||||||||||
| Profit (cash-flow starting line, as reported) | -45.2% | -14.8% | +117.4% | -4.3% | +9,343.5% | -99.3% | +97.9% | +84.2% | -50.6% | +59.9% | +619.0% | — | — | -128.6% | -10.7% | +364.6% | — | -677.9% | -66.6% | — |
| Depreciation & amortisation | -6.3% | -0.2% | -2.6% | -2.2% | +0.8% | +0.6% | +18.5% | +18.8% | +2.1% | +9.5% | +27.0% | +22.2% | +18.0% | +1.3% | -3.1% | +123.0% | +3.5% | +96.7% | -5.0% | — |
| Net cash from operating activities | — | -428.9% | +283.5% | — | -420.1% | -84.0% | -1.6% | — | -253.8% | +124.1% | — | -245.8% | — | — | -140.2% | +433.8% | — | — | — | — |
| Investing activities | ||||||||||||||||||||
| Capital expenditure | -46.3% | -27.5% | +20.3% | -56.9% | +2.3% | -53.6% | -39.6% | -20.9% | +211.4% | -45.4% | -38.0% | +42.0% | +102.2% | +82.0% | +96.6% | -2.2% | -86.4% | +139.7% | +22.1% | — |
| Net cash from investing activities | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Financing activities | ||||||||||||||||||||
| Dividends paid | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — | — |
| Borrowings raised / (repaid) | -108.2% | — | — | -100.6% | +915.9% | — | — | -122.2% | — | — | -101.5% | +1,119.3% | -84.0% | +19.4% | — | — | -669.8% | -68.4% | -66.2% | — |
| Net cash from financing activities | -108.2% | — | — | -100.6% | +915.9% | — | — | -130.5% | — | -595.2% | -92.3% | +523.4% | -63.9% | -4.3% | — | — | -116.3% | +58.8% | -27.7% | — |
| Net change in cash | — | -305.7% | -32.7% | — | -269.3% | +14.8% | — | -197.1% | — | — | — | -230.1% | +51.4% | +16.4% | +567.3% | +94.3% | — | — | -346.8% | — |
| Key figures | ||||||||||||||||||||
| Free cash flow (operating cash flow − capex) | — | -474.6% | +410.8% | — | — | -101.1% | +51.6% | — | -522.3% | — | — | — | — | — | -160.5% | +764.7% | — | — | — | — |
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 47
| Rs bn | 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 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profit/(Loss) - Starting Line - Cash Flow | 1.0 | 1.8 | 2.1 | 1.0 | 1.0 | 0.0 | 1.7 | 0.8 | 0.5 | 0.9 |
| Non-cash Items & Reconciliation Adjustments - Cash Flow | 4.5 | 4.5 | 3.4 | 2.6 | 2.2 | 1.8 | 2.4 | 1.8 | 1.5 | 1.8 |
| Other Non-Cash Items & Reconciliation Adjustments - Cash Flow - to Reconcile | 0.1 | 0.3 | 0.2 | 0.1 | 0.1 | 0.0 | 0.1 | 0.1 | 0.0 | 0.4 |
| Financial Income/(Expense) - Cash Flow - to Reconcile | 3.6 | 3.6 | 2.5 | 1.7 | 1.2 | 1.1 | 1.5 | 1.1 | 0.9 | 0.9 |
| Depreciation, Depletion & Amortization including Impairment - Cash Flow - to Reconcile | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.6 | 0.6 |
| Depreciation & Depletion - Property, Plant & Equipment - Cash Flow - to Reconcile | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.6 | 0.6 |
| Assets Sale - Gain/(Loss) - Cash Flow - to Reconcile | (0.0) | (0.1) | (0.0) | (0.0) | (0.0) | (0.1) | (0.0) | (0.0) | (0.0) | (0.0) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow | 0.4 | 0.3 | 0.5 | 0.6 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 |
| Interest Paid - Cash | 3.7 | 3.3 | 2.5 | 1.5 | 1.1 | 1.2 | 1.5 | 1.1 | 0.7 | 0.9 |
| Cash Flow from Operating Activities before Changes in Working Capital | 1.4 | 2.9 | 2.6 | 1.5 | 2.0 | 0.6 | 2.5 | 1.5 | 1.0 | 1.7 |
| Working Capital - Increase/(Decrease) - Cash Flow | (0.6) | (12.8) | 0.5 | (0.7) | (3.8) | (0.0) | 1.0 | 2.1 | (4.6) | 0.6 |
| Accounts Receivables - Decrease/(Increase) - Cash Flow | (0.0) | (0.0) | 0.0 | (0.0) | (0.0) | 0.3 | (0.3) | (0.0) | 0.0 | 0.2 |
| Inventories - Decrease/(Increase) - Cash Flow | 1.2 | (8.3) | 2.4 | (1.8) | (3.9) | 0.6 | 6.7 | (0.9) | (6.1) | 0.9 |
| Prepaid Expenses - Decrease/(Increase) - Cash Flow | (1.2) | (3.4) | (1.1) | (2.3) | (1.1) | (0.4) | (0.2) | (0.9) | (0.1) | (0.1) |
| Other Assets - Decrease/(Increase) - Cash Flow | — | — | — | — | — | — | — | (0.1) | (0.1) | 0.0 |
| Accounts Payable and Accrued Expenses - Increase/(Decrease) - Cash Flow | (0.5) | (1.1) | (0.9) | 3.4 | 1.2 | (0.6) | (5.2) | 4.0 | 1.8 | (0.4) |
| Net Cash Flow from Operating Activities | 0.8 | (10.0) | 3.0 | 0.8 | (1.8) | 0.6 | 3.5 | 3.6 | (3.5) | 2.3 |
| Capital Expenditures - Net - Cash Flow | 0.1 | 0.2 | (0.0) | 0.3 | 0.6 | 0.6 | 1.3 | 2.1 | 2.6 | 0.8 |
| Property, Plant & Equipment - Purchased/(Sold) - Net - Cash Flow | 0.1 | 0.2 | (0.0) | 0.3 | 0.6 | 0.6 | 1.3 | 2.1 | 2.6 | 0.8 |
| Property, Plant & Equipment - Purchased - Cash Flow | 0.1 | 0.2 | 0.3 | 0.3 | 0.6 | 0.6 | 1.3 | 2.1 | 2.6 | 0.8 |
| Property, Plant & Equipment Sold - Cash Flow | — | 0.0 | 0.4 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 | 0.0 |
| Capital Expenditures - Total | 0.1 | 0.2 | 0.3 | 0.3 | 0.6 | 0.6 | 1.3 | 2.1 | 2.6 | 0.8 |
| Investments excluding Loans - Decrease/(Increase) - Cash Flow | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Investment Securities - Unclassified - Sold/(Purchased) - Net - Total - Cash Flow | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Investment Securities - Sold/Matured - Unclassified - Cash Flow | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.1 | 0.0 | 0.0 | 0.0 | 0.0 |
| Other Investing Cash Flow - Decrease/(Increase) | (0.1) | (0.1) | (0.1) | 0.0 | 0.0 | (0.1) | 0.1 | — | — | — |
| Net Cash Flow from Investing Activities | (0.2) | (0.2) | (0.1) | (0.2) | (0.5) | (0.7) | (1.1) | (2.1) | (2.6) | (0.8) |
| Debt - Long-Term & Short-Term - Issuance/(Retirement) - Total - Cash Flow | (0.8) | 9.4 | (2.6) | (0.0) | 2.1 | 0.2 | (2.3) | (1.5) | 6.7 | (1.6) |
| Debt - Issued/(Reduced) - Short-Term - Total - Cash Flow | (0.7) | 10.0 | (1.6) | 1.2 | 2.6 | 0.6 | (3.0) | (1.6) | 4.9 | (1.3) |
| Debt - Issued/Reduced - Long-Term - Cash Flow | (0.0) | (0.7) | (1.0) | (1.3) | (0.5) | (0.4) | 0.7 | 0.1 | 1.8 | (0.3) |
| Lease liabilities - Issued/(Reduced) - Cash Flow | (0.1) | (0.1) | (0.2) | (0.2) | (0.2) | (0.3) | (0.3) | (0.1) | (0.0) | (0.0) |
| Debt - Issued - Long-Term - Cash Flow | 0.1 | — | — | 0.0 | 0.4 | 0.6 | 1.7 | 0.7 | 2.3 | 0.1 |
| Debt - Reduced - Long-Term - Cash Flow | 0.1 | 0.7 | 1.0 | 1.3 | 0.8 | 1.1 | 1.0 | 0.6 | 0.4 | 0.4 |
| 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 | 0.1 | 0.1 | 0.2 | 0.2 | 0.2 | 0.3 | 0.3 | 0.1 | 0.0 | 0.0 |
| Other Financing Cash Flow - Increase/(Decrease) | — | — | — | — | — | — | 0.0 | (0.6) | — | — |
| Net Cash Flow from Financing Activities | (0.8) | 9.4 | (2.6) | (0.0) | 2.1 | 0.2 | (2.3) | (2.0) | 6.7 | (1.6) |
| Net Change in Cash - Total | (0.1) | (0.8) | 0.4 | 0.5 | (0.2) | 0.1 | 0.1 | (0.5) | 0.6 | (0.1) |
| Net Cash from Continuing Operations | (0.1) | (0.8) | 0.4 | 0.5 | (0.2) | 0.1 | 0.1 | (0.5) | 0.6 | (0.1) |
| Net Cash - Beginning Balance | 0.2 | 0.9 | 0.5 | 0.0 | 0.2 | 0.1 | (0.0) | 0.5 | (0.0) | 0.1 |
| Net Cash - Ending Balance | 0.0 | 0.2 | 0.9 | 0.5 | 0.0 | 0.2 | 0.1 | (0.0) | 0.5 | (0.0) |
| Income Taxes - Paid/(Reimbursed) - Cash Flow - Supplemental | 0.4 | 0.3 | 0.5 | 0.6 | 0.1 | 0.1 | 0.1 | 0.2 | 0.1 | 0.1 |
| Interest Paid - Cash Flow - Supplemental | 3.7 | 3.3 | 2.5 | 1.5 | 1.1 | 1.2 | 1.5 | 1.1 | 0.7 | 0.9 |
| CF from Optg Activities before Change in WC & Int Payments | 5.1 | 6.1 | 5.1 | 3.0 | 3.1 | 1.8 | 4.0 | 2.5 | 1.8 | 2.6 |
| Depreciation, Depletion & Amortization - Cash Flow | 0.7 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.8 | 0.7 | 0.6 | 0.6 |
| Free Cash Flow to Equity | (0.1) | (0.8) | 0.5 | 0.5 | (0.2) | 0.2 | (0.0) | (0.0) | 0.5 | (0.1) |
| Free Cash Flow Net of Dividends | 0.7 | (10.2) | 2.7 | 0.5 | (2.4) | (0.0) | 2.2 | 1.5 | (6.2) | 1.5 |
| Free Cash Flow | 0.7 | (10.2) | 2.7 | 0.5 | (2.4) | (0.0) | 2.2 | 1.5 | (6.2) | 1.5 |
Every line the company reported, in the original order and wording, without regrouping or signs changed. Latest 10 periods; the table above goes back further.