Pakistan Tobacco Company Income Statement

Financials in millions PKR. Fiscal year is January - December.

Millions PKR. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	146,465	139,018	121,078	109,933	94,862	74,988
Revenue Growth (YoY)	14.58%	14.82%	10.14%	15.89%	26.50%	23.15%
Cost of Revenue	68,976	69,060	58,940	48,242	46,980	36,183
Gross Profit	77,489	69,958	62,138	61,691	47,883	38,804
Selling, General & Admin	17,042	15,384	12,180	12,602	9,735	8,989
Other Operating Expenses	6,074	5,617	5,728	4,176	4,747	4,201
Operating Expenses	23,117	21,000	17,907	16,778	14,482	13,190
Operating Income	54,373	48,958	44,231	44,914	33,401	25,615
Interest Expense	-666.81	-710.41	-761.51	-617.95	-328.77	-310.98
Interest & Investment Income	1,451	1,576	6,326	7,184	2,274	981.4
Currency Exchange Gain (Loss)	1,075	1,075	-423.55	-1,505	-720.14	-153.46
Other Non Operating Income (Expenses)	-111.25	-111.25	-89.48	-67.95	-	-
EBT Excluding Unusual Items	56,120	50,788	49,282	49,907	34,626	26,132
Gain (Loss) on Sale of Assets	373.9	327.54	218.07	106.14	108.4	81.74
Asset Writedown	-	-	-0.42	-0.26	-0.89	-6.4
Pretax Income	56,494	51,116	49,500	50,012	34,734	26,207
Income Tax Expense	23,562	21,261	21,717	21,053	13,413	7,345
Net Income	32,932	29,855	27,783	28,960	21,321	18,862
Net Income to Common	32,932	29,855	27,783	28,960	21,321	18,862
Net Income Growth	13.91%	7.46%	-4.06%	35.83%	13.04%	14.37%
Shares Outstanding (Basic)	256	255	255	255	255	255
Shares Outstanding (Diluted)	256	255	255	255	255	255
EPS (Basic)	128.89	116.85	108.74	113.35	83.45	73.83
EPS (Diluted)	128.89	116.85	108.74	113.35	83.45	73.83
EPS Growth	13.90%	7.46%	-4.06%	35.83%	13.04%	14.37%
Free Cash Flow	33,508	26,241	15,689	11,016	22,395	16,552
Free Cash Flow Per Share	131.15	102.71	61.41	43.12	87.65	64.78
Dividend Per Share	125.000	150.000	125.000	32.000	20.000	80.000
Dividend Growth	-19.36%	20.00%	290.63%	60.00%	-75.00%	26.98%
Gross Margin	52.91%	50.32%	51.32%	56.12%	50.48%	51.75%
Operating Margin	37.12%	35.22%	36.53%	40.86%	35.21%	34.16%
Profit Margin	22.48%	21.48%	22.95%	26.34%	22.48%	25.15%
Free Cash Flow Margin	22.88%	18.88%	12.96%	10.02%	23.61%	22.07%
EBITDA	56,092	50,580	45,645	46,167	34,789	26,630
EBITDA Margin	38.30%	36.38%	37.70%	41.99%	36.67%	35.51%
D&A For EBITDA	1,719	1,622	1,414	1,253	1,388	1,015
EBIT	54,373	48,958	44,231	44,914	33,401	25,615
EBIT Margin	37.12%	35.22%	36.53%	40.86%	35.21%	34.16%
Effective Tax Rate	41.71%	41.59%	43.87%	42.09%	38.62%	28.03%
Revenue as Reported	146,465	139,018	121,078	109,933	94,862	74,988