Kot Addu Power Company Limited FY2026 Corporate Briefing Presentation

Key takeaways

• Revenue for FY2026 surged to PKR 19,162.5 million compared to PKR 1,563.3 million in FY2025.
• Profit after tax for FY2026 stood at PKR 2,519.6 million, translating to an EPS of PKR 2.86.
• Generation resumed under the TPPA with 479.2 GWh generated and delivered to the national grid during the year.
• A 46.02% interest in Attock Cement Pakistan Limited (ACPL) was acquired jointly with FCCL, holding 63,238,327 shares.
• The 495 MW contracted generation facility operates under a hybrid take-or-pay framework with a minimum guaranteed return at 25% availability.
• The current TPPA term is for 3 years starting from 13 September 2025 and expiring in September 2028.
• Plant achieved COD on 12 September 2026, and NEPRA retained KAPCO in the approved 2025-2035 IGCEP in September 2026.
• Treasury income from mutual funds reached PKR 2,706 million, deposits at PKR 885 million, and T-bills at PKR 182 million in FY2026.
• Total assets reached PKR 83,423.1 million and shareholders equity stood at PKR 56,233.9 million as of June 30, 2026.
• Acquisition funding includes long-term borrowings of PKR 13,304.1 million and finances under mark-up arrangements of PKR 7,912.1 million.
• ACPL investment carrying value was recorded at PKR 21,247.3 million with a share of profit recognized at PKR 355.3 million.
• Solar project pipeline includes 150 MW at Deh Metha Ghar and 120 MW at Deh Halkani where KAPCO is the lowest bidder, with NEPRA approval awaited.
• Total proposed dividend for FY2026 is PKR 3.00 per share, comprising a PKR 1.50 interim dividend paid in March 2026 and a proposed final dividend of PKR 1.50 per share.
• Total proposed distribution amounts to PKR 2,640.8 million, representing approximately 104.8% of FY2026 profit after tax.
• Operating cash flow for FY2026 was negative PKR 6,127 million, investing cash flow negative PKR 272 million, and financing cash flow positive PKR 9,648 million.