National Refinery Limited (PSX:NRL)
Pakistan · Delayed Price · Currency is PKR 474.45
+5.99 (1.28%)
At close: Nov 6, 2026
National Refinery Cash Flow Statement
Financials in millions PKR. Fiscal year is July - June.
Millions PKR. Fiscal year is Jul - Jun.
Operating Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Jun '25 Jun 30, 2025 | Jun '24 Jun 30, 2024 | Jun '23 Jun 30, 2023 | Jun '22 Jun 30, 2022 |
Net Income | 16,709 | 6,164 | -14,867 | -15,790 | -4,463 | 9,079 |
Depreciation & Amortization | 1,552 | 1,552 | 3,511 | 3,486 | 3,440 | 3,431 |
Other Amortization | 1.59 | 1.59 | 1.48 | 3.11 | 3.08 | 3.17 |
Loss (Gain) From Sale of Assets | -7.79 | -7.79 | -2.12 | -15.36 | 0.03 | 0.32 |
Asset Writedown & Restructuring Costs | - | - | 0.21 | 57.37 | 0.18 | -4.54 |
Other Operating Activities | 9,639 | 1,051 | -4,578 | -3,914 | -1,148 | 2,793 |
Change in Accounts Receivable | -4,530 | -4,530 | -7,904 | 13,059 | -6,412 | -7,470 |
Change in Inventory | -18,728 | -18,728 | 20,051 | -783.53 | -3,118 | -24,483 |
Change in Accounts Payable | 25,528 | 25,528 | 7,146 | -7,699 | -5,028 | 18,489 |
Change in Unearned Revenue | - | - | - | -915.32 | -309.14 | - |
Change in Other Net Operating Assets | 4,380 | 4,380 | -9,573 | -1,433 | -167.04 | 988.95 |
Operating Cash Flow | 34,548 | 15,418 | -6,207 | -13,941 | -17,190 | 2,825 |
Operating Cash Flow Growth | - | - | - | - | - | - |
Investing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Jun '25 Jun 30, 2025 | Jun '24 Jun 30, 2024 | Jun '23 Jun 30, 2023 | Jun '22 Jun 30, 2022 |
Capital Expenditures | -2,695 | -1,874 | -1,701 | -1,503 | -696.66 | -551.62 |
Sale of Property, Plant & Equipment | 13.13 | 11.64 | 2.48 | 15.36 | 3.19 | 1.07 |
Sale (Purchase) of Intangibles | - | - | -0.77 | -3.88 | -0.05 | -0.1 |
Investment in Securities | -1.67 | -1.67 | -173.61 | - | - | - |
Other Investing Activities | 126.96 | 113.4 | 268.59 | 153.73 | 109.11 | 43.26 |
Investing Cash Flow | -2,557 | -1,750 | -1,604 | -1,337 | -584.41 | -507.39 |
Financing Activities
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Jun '25 Jun 30, 2025 | Jun '24 Jun 30, 2024 | Jun '23 Jun 30, 2023 | Jun '22 Jun 30, 2022 |
Short-Term Debt Issued | - | 210,319 | 318,449 | 208,608 | - | - |
Long-Term Debt Issued | - | - | 15,000 | - | - | - |
Total Debt Issued | 231,709 | 210,319 | 333,449 | 208,608 | - | - |
Short-Term Debt Repaid | - | -203,529 | -339,690 | -190,870 | - | - |
Long-Term Debt Repaid | - | -3,791 | -33.96 | -34.85 | -33.19 | -31.61 |
Lease Payments | -45.74 | -40.82 | -33.96 | -34.85 | -33.19 | -31.61 |
Total Debt Repaid | -244,130 | -207,319 | -339,724 | -190,904 | -33.19 | -31.61 |
Net Debt Issued (Repaid) | -12,421 | 3,000 | -6,274 | 17,704 | -33.19 | -31.61 |
Common Dividends Paid | -0.65 | -0.64 | -1.06 | -1.45 | -1,192 | -795.22 |
Financing Cash Flow | -12,421 | 2,999 | -6,275 | 17,702 | -1,226 | -826.83 |
Net Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Jun '25 Jun 30, 2025 | Jun '24 Jun 30, 2024 | Jun '23 Jun 30, 2023 | Jun '22 Jun 30, 2022 |
Net Cash Flow | 19,570 | 16,666 | -14,086 | 2,424 | -19,000 | 1,491 |
Free Cash Flow
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Jun '25 Jun 30, 2025 | Jun '24 Jun 30, 2024 | Jun '23 Jun 30, 2023 | Jun '22 Jun 30, 2022 |
Free Cash Flow | 31,853 | 13,544 | -7,908 | -15,443 | -17,887 | 2,274 |
Free Cash Flow Growth | - | - | - | - | - | - |
Free Cash Flow Margin | 6.20% | 3.07% | -2.57% | -5.00% | -5.99% | 0.90% |
Free Cash Flow Per Share | 398.32 | 169.37 | -98.89 | -193.12 | -223.68 | 28.43 |
Levered Free Cash Flow | 27,402 | 12,756 | 1,873 | -7,262 | -7,982 | 1,114 |
Unlevered Free Cash Flow | 31,501 | 16,936 | 7,080 | -1,544 | -4,009 | 2,938 |
Free Cash Flow After Leases | 31,807 | 13,503 | -7,942 | -15,478 | -17,920 | 2,242 |
Additional Metrics
Fiscal Year | TTM | FY 2026 | FY 2025 | FY 2024 | FY 2023 | FY 2022 |
|---|---|---|---|---|---|---|
Period Ending | Sep '26 Sep 30, 2026 | Jun '26 Jun 30, 2026 | Jun '25 Jun 30, 2025 | Jun '24 Jun 30, 2024 | Jun '23 Jun 30, 2023 | Jun '22 Jun 30, 2022 |
Cash Interest Paid | 6,682 | 6,730 | 8,377 | 9,020 | 5,713 | 2,457 |
Cash Income Tax Paid | 4,261 | 3,587 | 1,197 | 1,057 | 1,082 | 413.92 |
Change in Working Capital | 6,650 | 6,650 | 9,720 | 2,228 | -15,035 | -12,476 |