Thal Limited Balance Sheet

Financials in millions PKR. Fiscal year is July - June.

Millions PKR. Fiscal year is Jul - Jun.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '25 Sep 30, 2025	Jun '25 Jun 30, 2025	Jun '24 Jun 30, 2024	Jun '23 Jun 30, 2023	Jun '22 Jun 30, 2022	Jun '21 Jun 30, 2021
Cash & Equivalents	2,078	2,457	2,228	1,823	3,057	2,681
Short-Term Investments	13,110	669.77	172	-	-	-
Trading Asset Securities	-	13,140	13,011	9,321	5,976	6,984
Cash & Short-Term Investments	15,187	16,267	15,411	11,144	9,034	9,664
Cash Growth	-5.75%	5.56%	38.28%	23.37%	-6.53%	8.70%
Accounts Receivable	6,165	5,895	5,324	3,732	3,963	3,463
Other Receivables	1,391	1,075	1,164	1,321	984.96	732.9
Receivables	7,556	6,969	6,488	5,053	4,948	4,196
Inventory	11,715	10,440	8,781	10,396	11,053	8,277
Prepaid Expenses	-	87.34	63.6	66.51	46.22	44.97
Other Current Assets	677.33	629.53	556.69	2,152	1,977	664.06
Total Current Assets	35,136	34,393	31,300	28,811	27,058	22,846
Property, Plant & Equipment	6,989	7,158	7,540	7,639	6,659	4,775
Long-Term Investments	35,680	33,754	27,283	18,896	14,932	10,518
Other Intangible Assets	186.35	217.36	252.47	89.69	77.19	126.16
Other Long-Term Assets	5,455	5,489	5,607	6,153	6,286	6,520
Total Assets	83,446	81,012	71,982	61,589	55,012	44,786
Accounts Payable	6,737	2,169	1,444	2,359	2,226	1,477
Accrued Expenses	55.73	3,688	3,111	2,887	2,352	1,957
Short-Term Debt	1,336	1,074	1,075	1,029	701.82	528.16
Current Portion of Long-Term Debt	782.91	782.91	521.94	259.03	383.06	109.16
Current Portion of Leases	32.42	145.39	131.26	131.23	122.78	120.22
Current Income Taxes Payable	1,744	1,722	859.57	1,130	1,152	412.84
Current Unearned Revenue	54.24	221.76	361.24	125.52	219.93	46.9
Other Current Liabilities	1,124	2,026	2,125	1,978	1,937	1,579
Total Current Liabilities	11,867	11,829	9,629	9,899	9,096	6,230
Long-Term Debt	2,697	2,848	3,922	3,540	2,278	415.19
Long-Term Leases	973.73	926.31	861.7	890.3	893.95	905.89
Long-Term Unearned Revenue	133.25	146.15	202.32	257.6	332.75	22.31
Long-Term Deferred Tax Liabilities	5,729	5,361	4,061	1,917	477.95	243.14
Other Long-Term Liabilities	341.48	341.52	343.42	341.86	339.69	339.59
Total Liabilities	21,742	21,452	19,020	16,845	13,418	8,156
Common Stock	405.15	405.15	405.15	405.15	405.15	405.15
Additional Paid-In Capital	-	-	-	-	12.23	12.23
Retained Earnings	52,275	50,431	43,974	37,091	34,266	29,346
Comprehensive Income & Other	1,465	1,404	1,312	215.62	254.43	301.13
Total Common Equity	54,145	52,240	45,691	37,712	34,937	30,065
Minority Interest	7,559	7,320	7,271	7,032	6,657	6,565
Shareholders' Equity	61,704	59,560	52,962	44,744	41,594	36,630
Total Liabilities & Equity	83,446	81,012	71,982	61,589	55,012	44,786
Total Debt	5,822	5,776	6,512	5,849	4,379	2,079
Net Cash (Debt)	9,365	10,491	8,899	5,295	4,654	7,586
Net Cash Growth	-4.44%	17.89%	68.06%	13.77%	-38.65%	6.46%
Net Cash Per Share	115.58	129.47	109.82	65.35	57.44	93.62
Filing Date Shares Outstanding	81.03	81.03	81.03	81.03	81.03	81.03
Total Common Shares Outstanding	81.03	81.03	81.03	81.03	81.03	81.03
Working Capital	23,269	22,564	21,671	18,913	17,962	16,616
Book Value Per Share	668.21	644.70	563.88	465.44	431.17	371.04
Tangible Book Value	53,959	52,023	45,438	37,622	34,860	29,939
Tangible Book Value Per Share	665.91	642.02	560.76	464.33	430.21	369.48
Land	-	22.99	22.99	22.99	22.99	22.99
Buildings	-	2,802	2,645	2,597	2,060	1,768
Machinery	-	11,405	10,607	8,638	7,728	5,701
Construction In Progress	-	81.5	306.38	1,294	925.43	631.77
Leasehold Improvements	-	96.35	33.36	-	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.