HUBCO Posts Rs56.27 Billion Profit for FY2026, Announces Rs5 Final Dividend
The Hub Power Company Limited (HUBCO) has reported a solid financial performance for the year ended June 30, 2026, with consolidated profit after tax rising to Rs56.27 billion, compared with Rs51.77 billion in the previous financial year.
According to the company’s annual financial statements, HUBCO’s consolidated earnings per share (EPS) also improved to Rs38.26, up from Rs35.56 a year earlier. The company attributed the improvement mainly to higher profit contributions from its associates and joint ventures.
Consolidated profitability improves
HUBCO recorded consolidated revenue of Rs71.13 billion during FY2026, compared with Rs83.85 billion in FY2025. Despite the lower revenue, the company delivered higher profitability, supported by a substantial reduction in operating costs and stronger contributions from investments and associated businesses.
Profit from continuing operations stood at approximately Rs56.27 billion, compared with Rs51.61 billion last year. The company’s profit attributable to owners of the holding company increased to Rs49.63 billion, from Rs46.13 billion in FY2025.
The company’s financial position also remained substantial, with total consolidated assets reaching approximately Rs422.56 billion as of June 30, 2026.
Standalone earnings show strong growth
On a standalone basis, HUBCO’s performance was particularly notable. Unconsolidated profit after tax increased to Rs24.47 billion from Rs19.08 billion in FY2025, representing growth of around 28%.
Standalone EPS rose to Rs18.86, compared with Rs14.71 in the preceding year. The company reported that the increase was primarily driven by higher dividend income from its Thar-related projects following the achievement of their respective project completion dates.
Shareholders to receive further cash dividend
HUBCO has also recommended a final cash dividend of Rs5 per share, equivalent to 50%, subject to approval by shareholders.
This comes on top of interim dividends of Rs15 per share paid during FY2026. Combined, the company’s total dividend distribution for the year amounts to Rs20 per share, reflecting a significant return to shareholders.
Diversification remains central to strategy
Beyond its traditional power-generation operations, HUBCO continued to expand its presence across Pakistan’s energy landscape.
The company stated that it manages or operates 330MW of mine-mouth light-fired power plants in Thar Block II, while its portfolio also includes investments in renewable energy, oil and gas, mining and electric mobility.
HUBCO also highlighted its growing involvement in Pakistan’s electric vehicle market through its subsidiary HUBCO Green (Private) Limited. During the year, the company expanded its EV activities, including the introduction of new-energy vehicles and the development of charging infrastructure. The company reported that 24 DC fast-charging stations had been installed and operationalized during the year.
Focus on future growth
The company said its future strategy will focus on expanding its new-energy vehicle network, increasing its EV product offerings and continuing to explore opportunities across its diversified portfolio.
HUBCO’s management also emphasized disciplined growth, operational efficiency and long-term value creation for shareholders. The company’s annual report highlights its continued efforts in environmental, social and governance initiatives, employee development, community engagement and responsible business practices.
Overall, HUBCO’s FY2026 results point to a stronger earnings position despite lower consolidated revenue. Rising contributions from associates and joint ventures, improved standalone profitability and continued diversification into new energy and other sectors are helping the company strengthen its position within Pakistan’s evolving energy market.
