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	Mar 31, 2026	Jun 30, 2025	Jun 30, 2024	Jun 30, 2023	Jun 30, 2022	Jun 30, 2021
Revenue	2,668	2,305	2,174	1,676	2,778	1,575
Revenue Growth (YoY)	14.56%	6.01%	29.75%	-39.68%	76.41%	72.52%
Cost of Revenue	1,917	1,739	1,707	1,351	2,167	1,333
Gross Profit	750.75	566.4	467.92	324.44	610.83	242.3
Selling, General & Admin	263.02	222.91	238.96	176.44	182.59	141.96
Other Operating Expenses	42.35	34.53	25.96	16.73	31.53	-0.7
Operating Expenses	305.36	257.44	264.92	193.16	214.11	141.27
Operating Income	445.38	308.96	202.99	131.28	396.72	101.04
Interest Expense	-1.93	-1.95	-5.26	-5.25	-3.8	-3.96
Interest & Investment Income	8.55	8.55	9.79	97.38	37.77	35.45
Currency Exchange Gain (Loss)	-1.7	-1.7	7.68	-23.91	-17.55	0.77
Other Non Operating Income (Expenses)	116.05	129.54	132.88	1.57	12.87	-0.26
EBT Excluding Unusual Items	566.35	443.4	348.08	201.07	426.01	133.05
Gain (Loss) on Sale of Investments	7.57	7.57	2.01	0.59	-2.23	2.8
Gain (Loss) on Sale of Assets	5.43	5.43	-	0.01	0.31	3.74
Other Unusual Items	-	-	-	0.09	1.28	1.99
Pretax Income	579.34	456.39	350.09	201.75	425.37	141.57
Income Tax Expense	187.93	140.81	109.43	65.35	217.14	40.88
Net Income	391.41	315.58	240.67	136.41	208.24	100.69
Net Income to Common	391.41	315.58	240.67	136.41	208.24	100.69
Net Income Growth	38.55%	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)	29.36	23.67	18.05	10.23	15.62	7.55
EPS (Diluted)	29.36	23.67	18.05	10.23	15.62	7.55
EPS Growth	38.54%	31.13%	76.43%	-34.49%	106.82%	432.17%
Free Cash Flow	42.42	1.79	246.17	2.08	146.04	137.59
Free Cash Flow Per Share	3.18	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	88.89%	-	62.50%	-20.00%	122.22%	200.00%
Gross Margin	28.14%	24.57%	21.52%	19.36%	21.99%	15.39%
Operating Margin	16.69%	13.40%	9.34%	7.83%	14.28%	6.42%
Profit Margin	14.67%	13.69%	11.07%	8.14%	7.50%	6.39%
Free Cash Flow Margin	1.59%	0.08%	11.32%	0.12%	5.26%	8.74%
EBITDA	481.75	342.04	236.91	176.81	436.55	143.28
EBITDA Margin	18.06%	14.84%	10.90%	10.55%	15.71%	9.10%
D&A For EBITDA	36.36	33.08	33.92	45.53	39.83	42.24
EBIT	445.38	308.96	202.99	131.28	396.72	101.04
EBIT Margin	16.69%	13.40%	9.34%	7.83%	14.28%	6.42%
Effective Tax Rate	32.44%	30.85%	31.26%	32.39%	51.05%	28.88%

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.