PIA Holding Company Limited (PSX:PIAHCLA)
Pakistan flag Pakistan · Delayed Price · Currency is PKR
27.29
-0.30 (-1.09%)
At close: Jul 31, 2026

PIA Holding Company Financials Overview

Millions PKR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingSep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Revenue
237,364239,652259,586178,55188,08999,197
Revenue Growth
-2.00%-7.68%45.38%102.69%-11.20%-39.75%
Gross Profit
38,96651,47436,042-453.17-8,7631,475
Operating Income
9,80315,4522,992-17,843-22,283-13,731
Net Income
-32,378-15,548-87,395-97,302-53,374-43,555
Earnings Per Share
-6.18-2.97-16.69-18.59-10.20-8.32
EPS Growth
------

Revenue by Segment

Fiscal YearTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingSep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Airlines Operations
205,831204,164237,883172,03886,18594,989
Hotel Operations
29,42134,97322,1507,0032,4594,312
Others
864.93652.09710.97484.4217.65152.33
Eliminations / Adjustments
--137.22-1,158-974.17-772.94-256.96
Total
237,364239,652259,586178,55188,08999,197

Cash & Debt

Fiscal YearCurrentFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingSep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Cash & Investments
17,42216,3529,27213,41014,0317,559
Total Debt
477,165443,655460,133441,716401,338351,524
Net Cash (Debt)
-459,742-427,303-450,860-428,306-387,308-343,965
Net Cash Growth
------
Net Cash Per Share
-87.82-81.62-86.12-81.81-73.98-65.70

Cash Flow & CapEx

Fiscal YearTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingSep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Operating Cash Flow
-9,05925,28522,459-623.66-23,546-11,507
Capital Expenditures
-3,425-1,736-4,300-3,983-2,012-3,211
Free Cash Flow
-12,48423,54918,159-4,606-25,558-14,718
Free Cash Flow Growth
-29.68%----

Margins

Fiscal YearTTMFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingSep '25 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
Gross Margin
16.42%21.48%13.88%-0.25%-9.95%1.49%
Operating Margin
4.13%6.45%1.15%-9.99%-25.30%-13.84%
Pretax Margin
-28.34%-18.78%-30.66%-56.34%-61.70%-48.32%
Profit Margin
-13.64%-6.49%-33.67%-54.50%-60.59%-43.91%
FCF Margin
-5.26%9.83%7.00%-2.58%-29.01%-14.84%

Valuation

Fiscal YearCurrentFY 2024FY 2023FY 2022FY 2021FY 2020
Period EndingJul '26 Dec '24 Dec '23 Dec '22 Dec '21 Dec '20
P/FCF Ratio
-4.092.04---
PS Ratio
0.710.400.140.100.240.25