Baluchistan Wheels Limited (PSX:BWHL)

Baluchistan Wheels Income Statement

Financials in millions PKR. Fiscal year is July - June.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	2,567	2,305	2,174	1,676	2,778	1,575
Revenue Growth (YoY)	12.26%	6.01%	29.75%	-39.68%	76.41%	72.52%
Cost of Revenue	1,856	1,739	1,707	1,351	2,167	1,333
Gross Profit	711.12	566.4	467.92	324.44	610.83	242.3
Selling, General & Admin	252.84	222.91	238.96	176.44	182.59	141.96
Other Operating Expenses	40.48	34.53	25.96	16.73	31.53	-0.7
Operating Expenses	293.32	257.44	264.92	193.16	214.11	141.27
Operating Income	417.8	308.96	202.99	131.28	396.72	101.04
Interest Expense	-11.35	-1.95	-5.26	-5.25	-3.8	-3.96
Interest & Investment Income	-	8.55	9.79	97.38	37.77	35.45
Currency Exchange Gain (Loss)	-2.2	-1.7	7.68	-23.91	-17.55	0.77
Other Non Operating Income (Expenses)	156.27	129.54	132.88	1.57	12.87	-0.26
EBT Excluding Unusual Items	560.53	443.4	348.08	201.07	426.01	133.05
Gain (Loss) on Sale of Investments	7.55	7.57	2.01	0.59	-2.23	2.8
Gain (Loss) on Sale of Assets	0.71	5.43	-	0.01	0.31	3.74
Other Unusual Items	-	-	-	0.09	1.28	1.99
Pretax Income	568.79	456.39	350.09	201.75	425.37	141.57
Income Tax Expense	162.76	140.81	109.43	65.35	217.14	40.88
Net Income	406.03	315.58	240.67	136.41	208.24	100.69
Net Income to Common	406.03	315.58	240.67	136.41	208.24	100.69
Net Income Growth	73.73%	31.13%	76.43%	-34.49%	106.82%	432.17%
Shares Outstanding (Basic)	13	13	13	13	13	13
Shares Outstanding (Diluted)	13	13	13	13	13	13
EPS (Basic)	30.45	23.67	18.05	10.23	15.62	7.55
EPS (Diluted)	30.45	23.67	18.05	10.23	15.62	7.55
EPS Growth	73.69%	31.13%	76.43%	-34.49%	106.82%	432.17%
Free Cash Flow	98.29	1.79	246.17	2.08	146.04	137.59
Free Cash Flow Per Share	7.37	0.13	18.46	0.16	10.95	10.32
Dividend Per Share	17.000	13.000	13.000	8.000	10.000	4.500
Dividend Growth	41.67%	-	62.50%	-20.00%	122.22%	200.00%
Gross Margin	27.70%	24.57%	21.52%	19.36%	21.99%	15.39%
Operating Margin	16.28%	13.40%	9.34%	7.83%	14.28%	6.42%
Profit Margin	15.82%	13.69%	11.07%	8.14%	7.50%	6.39%
Free Cash Flow Margin	3.83%	0.08%	11.32%	0.12%	5.26%	8.74%
EBITDA	448.38	342.04	236.91	176.81	436.55	143.28
EBITDA Margin	17.47%	14.84%	10.90%	10.55%	15.71%	9.10%
D&A For EBITDA	30.58	33.08	33.92	45.53	39.83	42.24
EBIT	417.8	308.96	202.99	131.28	396.72	101.04
EBIT Margin	16.28%	13.40%	9.34%	7.83%	14.28%	6.42%
Effective Tax Rate	28.62%	30.85%	31.26%	32.39%	51.05%	28.88%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.