PIA Holding Company Limited (PSX:PIAHCLA)
Pakistan flag Pakistan · Delayed Price · Currency is PKR
22.51
-0.11 (-0.49%)
At close: Sep 29, 2026

PIA Holding Company Financials Overview

Millions PKR. Fiscal year is Jan - Dec.

Revenue & Profits

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Revenue
25,70925,709239,652259,586178,55188,089
Revenue Growth
-89.27%-89.27%-7.68%45.38%102.69%-11.20%
Gross Profit
16,39016,39051,47436,042-453.17-8,763
Operating Income
15,25015,25015,4852,992-17,843-22,283
Net Income
-25,527-25,527-14,625-87,395-97,302-53,374
Earnings Per Share
-4.88-4.88-2.79-16.69-18.59-10.20
EPS Growth
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Revenue by Segment

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Aviation
211,661211,661204,164237,883172,03886,185
Hotel Operations
26,16926,16934,97322,1507,0032,459
Others
712.72712.72652.09710.97484.4217.65
Eliminations / Adjustments
---137.22-1,158-974.17-772.94
Total
238,543238,543239,652259,586178,55188,089

Cash & Debt

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Cash & Investments
17,02917,02916,3529,27213,41014,031
Total Debt
454,999454,999443,655460,133441,716401,338
Net Cash (Debt)
-437,970-437,970-427,303-450,860-428,306-387,308
Net Cash Growth
------
Net Cash Per Share
-83.66-83.66-81.62-86.12-81.81-73.98

Cash Flow & CapEx

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Operating Cash Flow
8,4618,46133,55022,459-623.66-23,546
Capital Expenditures
-447.73-447.73-1,736-4,300-3,983-2,012
Free Cash Flow
8,0148,01431,81418,159-4,606-25,558
Free Cash Flow Growth
-74.81%-74.81%75.19%---

Margins

Fiscal YearTTMFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingDec '25 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
Gross Margin
63.75%63.75%21.48%13.88%-0.25%-9.95%
Operating Margin
59.32%59.32%6.46%1.15%-9.99%-25.30%
Pretax Margin
-150.64%-150.64%-18.40%-30.66%-56.34%-61.70%
Profit Margin
-99.29%-99.29%-6.10%-33.67%-54.50%-60.59%
FCF Margin
31.17%31.17%13.28%7.00%-2.58%-29.01%

Valuation

Fiscal YearCurrentFY 2025FY 2024FY 2023FY 2022FY 2021
Period EndingSep '26 Dec '25 Dec '24 Dec '23 Dec '22 Dec '21
P/FCF Ratio
17.6025.033.032.04--
PS Ratio
5.497.800.400.140.100.24