Pakistan Refinery Limited FY2026 & Q1 FY2027 Corporate Briefing Presentation

Key takeaways

• Revenue from contracts with customers increased to Rs. 350,838,916 thousand for the year ended June 30, 2026, compared to Rs. 310,351,355 thousand in the previous year.
• Gross profit surged to Rs. 32,385,326 thousand for FY 2025-26 from Rs. 1,857,296 thousand in FY 2024-25.
• Profit after tax for FY 2025-26 reached a record Rs. 15,779,957 thousand (Rs. 15.8 billion), translating to an earnings per share of Rs. 25.05 compared to a loss per share of Rs. 7.40 last year.
• Crude processed during FY 2025-26 totaled 1,722,686 MT, compared to 1,71 million MT in FY 2024-25.
• The company achieved its highest-ever annual production of High-Speed Diesel (HSD) at 800,830 MT and Motor Spirit (MS) at 309,397 MT.
• Furnace Oil (HSFO) production stood at 433,378 MT, out of which 386,838 MT (98.3%) was exported.
• Total assets grew to Rs. 130,748,549 thousand as of June 30, 2026, up from Rs. 107,940,926 thousand as of June 30, 2025.
• Long-term borrowings reduced to Rs. 9,150,000 thousand as of June 30, 2026, compared to Rs. 12,350,000 thousand in the previous year.
• Geopolitical tensions and shipping route disruptions through the Strait of Hormuz led to additional freight and insurance costs of Rs. 0.7 billion during FY 2025-26.
• Brownfield Refining Policy 2026 incentives include a 10% incremental incentive through MS pricing and 2.5% through HSD pricing, capped at 27.5% of the EPC contract.
• The Upgrade Project under the Brownfield Refining Policy requires a five-year project completion period from the signing of the Upgrade Agreement and opening of the Refinery Upgradation Account.
• For the quarter ended September 30, 2026, revenue from contracts with customers rose to Rs. 126,180,009 thousand, and profit for the period reached Rs. 13,965,781 thousand with an EPS of Rs. 22.17.