UPFL Unilever Pakistan Foods Limited
Latest results: FY2025 · Dec 2025
Last close · 16 Oct 2026
Rs 25,550.00 +0.43%
Financials
Unilever Pakistan Foods Limited (UPFL) financials
20 years of annual results (FY2006 – FY2025).
Unilever Pakistan Foods Limited (UPFL) reported revenue of Rs 40.6 bn for FY2025 (Jan – Dec 2025), up 20.4% from FY2024.
Profit attributable to shareholders was Rs 5.9 bn (EPS Rs 933.50), down 14.7%, a net margin of 14.7%.
It declared a dividend of Rs 1,651.00 per share for FY2025 and has paid a dividend in each of the last 20 years.
The balance sheet showed net cash of Rs 352.8 mn.
Return on equity was 59.0%.
Over the last five years revenue grew at a compound 21.1% a year.
At Rs 25,550.00 (close on 16 Oct 2026) the shares trade at 27.4× earnings (FY2025) and 24.84× book value, with a dividend yield of 6.5%.
Fundamentals
UPFL at a glance
Revenue · FY2025
Rs 40.6 bn
▲ 20.4% year on year
Profit attributable to shareholders · FY2025
Rs 5.9 bn
▼ 14.7% year on year
EPS – basic (Rs) · FY2025
Rs 933.50
▼ 14.7% year on year
Dividend per share (Rs) · FY2025
Rs 1,651.00
▼ 12.0% year on year
Net margin · FY2025
14.7%
-6.0 pts year on year
Debt to equity · FY2025
8.5%
+4.0 pts year on year
Financial statements
Income statement
Revenue, costs, profit and earnings per share.
- Revenue · FY2025
- Rs 40.6 bn
- Profit attributable · FY2025
- Rs 5.9 bn
Balance sheet
Assets, liabilities, debt and shareholders' equity.
- Total assets · FY2025
- Rs 18.6 bn
- Equity · FY2025
- Rs 6.6 bn
Financial highlights
UPFL financial results
| Rs bn | FY2025 Jan – Dec 2025 | FY2024 Jan – Dec 2024 | FY2023 Jan – Dec 2023 | FY2022 Jan – Dec 2022 | FY2021 Jan – Dec 2021 | FY2020 Jan – Dec 2020 | FY2019 Jan – Dec 2019 | FY2018 Jan – Dec 2018 | FY2017 Jan – Dec 2017 | FY2016 Jan – Dec 2016 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 40.6 | 33.7 | 34.6 | 28.3 | 19.8 | 15.6 | 13.3 | 11.9 | 10.7 | 9.5 |
| Gross profit | 15.7 | 13.1 | 14.8 | 12.0 | 8.9 | 6.7 | 5.4 | 5.4 | 4.9 | 4.2 |
| Operating profit | 9.7 | 7.9 | 8.4 | 8.2 | 5.4 | 4.0 | 2.8 | 2.4 | 2.0 | 1.8 |
| Profit after tax | 5.9 | 7.0 | 9.7 | 8.0 | 5.2 | 3.8 | 2.5 | 1.7 | 1.4 | 1.3 |
| Profit attributable to shareholders | 5.9 | 7.0 | 9.7 | 8.0 | 5.2 | 3.8 | 2.5 | 1.7 | 1.4 | 1.3 |
| EPS – basic (Rs) Rs | 933.50 | 1,094.92 | 1,529.68 | 1,248.41 | 811.53 | 602.42 | 385.08 | 274.92 | 217.28 | 204.52 |
| Dividend per share (Rs) Rs | 1,651.00 | 1,877.00 | 429.00 | 287.00 | 811.00 | 602.41 | 386.00 | 280.00 | 202.32 | 364.15 |
| Total assets | 18.6 | 28.0 | 31.1 | 20.6 | 10.4 | 7.4 | 7.1 | 6.0 | 4.1 | 4.6 |
| Total equity | 6.6 | 13.6 | 16.0 | 7.7 | 3.0 | 2.7 | 2.3 | 1.9 | 0.2 | 1.8 |
| Total debt | 0.6 | 0.6 | 0.6 | 0.5 | 0.2 | 0.0 | 0.1 | 1.0 | 0.6 | 0.0 |
| Net cash from operating activities | 3.9 | 8.3 | 9.2 | 9.5 | 6.5 | 4.0 | 3.6 | 1.7 | 1.9 | 1.5 |
| Capital expenditure | (0.7) | (2.0) | (2.0) | (2.5) | (0.7) | (0.4) | (1.1) | (1.0) | (0.1) | (0.2) |
| Free cash flow (operating cash flow − capex) | 3.2 | 6.3 | 7.2 | 7.0 | 5.8 | 3.6 | 2.6 | 0.7 | 1.8 | 1.3 |
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.