Rafhan Maize Products Co. Limited (PSX:RMPL)

Rafhan Maize Products Co. Balance Sheet

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

Assets

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Equivalents	815.35	4,138	6,336	6,637	887.94	3,776
Short-Term Investments	5,340	8,397	1,969	-	3,380	986.16
Trading Asset Securities	-	-	6,596	5,399	-	-
Cash & Short-Term Investments	6,156	12,535	14,901	12,036	4,268	4,762
Cash Growth	-28.02%	-15.88%	23.81%	181.98%	-10.36%	-47.98%
Accounts Receivable	5,738	3,355	3,173	2,924	2,874	2,022
Other Receivables	40.53	34.89	52.16	106.97	28.47	39.34
Receivables	6,094	3,428	3,252	3,067	2,924	2,074
Inventory	37,485	30,917	22,960	26,343	17,944	10,422
Prepaid Expenses	418.97	424.34	300.94	383.17	72.71	139.54
Other Current Assets	-	164.19	120.87	92.21	204.43	56.09
Total Current Assets	50,153	47,469	41,535	41,921	25,413	17,454
Property, Plant & Equipment	12,659	11,578	9,891	8,718	6,849	6,503
Other Long-Term Assets	41.23	124.92	449.07	647.49	449.28	134.89
Total Assets	62,857	59,174	51,878	51,288	32,719	24,097

Liabilities

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Accounts Payable	11,308	11,712	6,850	11,461	2,523	1,255
Accrued Expenses	-	4,016	3,851	4,356	3,669	2,413
Short-Term Debt	14,270	8,325	8,073	6,124	2,058	756.23
Current Portion of Long-Term Debt	82.89	84.31	85.71	44.37	11.93	119.81
Current Portion of Leases	-	4.22	9.03	5.11	5.12	5.99
Current Income Taxes Payable	607.49	1,040	769.59	620.47	287.84	121.14
Current Unearned Revenue	1,219	955.68	1,597	681.23	693.45	682.45
Other Current Liabilities	1,341	1,948	1,725	3,117	3,342	2,005
Total Current Liabilities	28,829	28,085	22,961	26,409	12,590	7,359
Long-Term Debt	259.44	282.69	400.29	341.22	69.35	-
Long-Term Leases	-	-	4.22	10.87	-	5.09
Long-Term Unearned Revenue	50.61	66.52	83.3	94.75	43.23	-
Pension & Post-Retirement Benefits	336.94	349.12	-	-	-	-
Long-Term Deferred Tax Liabilities	1,131	1,225	1,532	1,395	979.86	853.28
Total Liabilities	30,709	30,008	24,981	28,251	13,683	8,217

Shareholders' Equity

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Common Stock	92.36	92.36	92.36	92.36	92.36	92.36
Additional Paid-In Capital	36.95	36.95	36.95	36.95	36.95	36.95
Retained Earnings	32,017	29,036	26,767	22,907	18,906	15,750
Comprehensive Income & Other	0.94	0.94	0.94	0.94	0.94	0.94
Shareholders' Equity	32,147	29,166	26,897	23,037	19,036	15,880
Total Liabilities & Equity	62,857	59,174	51,878	51,288	32,719	24,097

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep 30, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Total Debt	14,613	8,696	8,572	6,525	2,145	887.12
Net Cash (Debt)	-8,457	3,839	6,329	5,510	2,124	3,875
Net Cash Growth	-	-39.34%	14.85%	159.48%	-45.19%	-56.56%
Net Cash Per Share	-915.63	415.65	685.20	596.60	229.92	419.51
Filing Date Shares Outstanding	9.24	9.24	9.24	9.24	9.24	9.24
Total Common Shares Outstanding	9.24	9.24	9.24	9.24	9.24	9.24
Working Capital	21,324	19,384	18,574	15,512	12,823	10,095
Book Value Per Share	3480.50	3157.70	2912.08	2494.14	2060.95	1719.27
Tangible Book Value	32,147	29,166	26,897	23,037	19,036	15,880
Tangible Book Value Per Share	3480.50	3157.70	2912.08	2494.14	2060.95	1719.27
Land	-	386.72	386.72	386.72	386.72	386.72
Buildings	-	3,298	3,123	2,954	2,710	2,706
Machinery	-	13,954	12,011	11,046	9,399	9,244
Construction In Progress	-	2,194	1,938	1,226	731.66	202.71

Data Source: S&P Global Market Intelligence Last updated: Oct 21, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Nov 1, 2026

Data Sources Report a data error