National Refinery Limited (PSX:NRL)
Pakistan flag Pakistan · Delayed Price · Currency is PKR
474.45
+5.99 (1.28%)
At close: Nov 6, 2026

National Refinery Financials Overview

Millions PKR. Fiscal year is Jul - Jun.

Revenue & Profits

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Jun '26 Jun '25 Jun '24 Jun '23 Jun '22
Revenue
513,581440,845307,663308,842298,805251,876
Revenue Growth
60.36%43.29%-0.38%3.36%18.63%80.39%
Gross Profit
41,27923,394-6,373-7,92813,07223,695
Operating Income
36,34420,012-8,008-9,53210,99120,826
Net Income
16,7096,164-14,867-15,790-4,4639,079
Earnings Per Share
208.9477.09-185.91-197.46-55.81113.53
EPS Growth
-----412.91%

Revenue by Geography

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Jun '26 Jun '25 Jun '24 Jun '23 Jun '22
Pakistan
602,209521,986366,651372,994333,075224,243
Export
76,73066,56641,42323,93419,52227,633
Total
678,939588,552408,075396,928352,597251,876

Cash & Debt

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Jun '26 Jun '25 Jun '24 Jun '23 Jun '22
Cash & Investments
7,2001,393853.55564.36605.3618.42
Total Debt
33,69447,82360,88352,93637,67418,695
Net Cash (Debt)
-26,494-46,430-60,030-52,372-37,069-18,077
Net Cash Growth
------
Net Cash Per Share
-331.30-580.62-750.68-654.92-463.55-226.05

Cash Flow & CapEx

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Jun '26 Jun '25 Jun '24 Jun '23 Jun '22
Operating Cash Flow
34,54815,418-6,207-13,941-17,1902,825
Capital Expenditures
-2,695-1,874-1,701-1,503-696.66-551.62
Free Cash Flow
31,85313,544-7,908-15,443-17,8872,274
Free Cash Flow Growth
------

Margins

Fiscal Year
TTMFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingSep '26 Jun '26 Jun '25 Jun '24 Jun '23 Jun '22
Gross Margin
8.04%5.31%-2.07%-2.57%4.38%9.41%
Operating Margin
7.08%4.54%-2.60%-3.09%3.68%8.27%
Pretax Margin
5.32%2.47%-5.86%-6.04%-1.71%4.69%
Profit Margin
3.25%1.40%-4.83%-5.11%-1.49%3.60%
FCF Margin
6.20%3.07%-2.57%-5.00%-5.99%0.90%

Dividends

Fiscal Year
FY 2022
Period EndingJun '22
Dividend Per Share
15.000
Dividend Per Share Growth
50.00%
Dividend Yield
5.94%

Valuation

Fiscal Year
CurrentFY 2026FY 2025FY 2024FY 2023FY 2022
Period EndingNov '26 Jun '26 Jun '25 Jun '24 Jun '23 Jun '22
PE Ratio
2.274.70---2.23
Forward PE
-7.647.647.647.647.64
P/FCF Ratio
1.192.14---8.88
PS Ratio
0.070.070.060.070.040.08