Pakistan PVC Limited Reports Rs12.59 Million Loss for FY2026 Amid Revenue Decline

Pakistan PVC Limited has reported a challenging financial year ended June 30, 2026, with a significant decline in sales and a wider annual loss compared with the previous year.

According to the company’s financial statements, net sales fell to Rs3.50 million in FY2026, compared with Rs6.74 million in FY2025. Despite the lower revenue base, the company’s cost of sales remained substantial at Rs31.26 million, resulting in a gross loss of Rs27.76 million, slightly higher than the Rs27.23 million gross loss recorded a year earlier.

Other Income Provides Partial Support

Pakistan PVC generated Rs34.51 million in other income during FY2026, compared with Rs39.31 million in the previous financial year. While this income provided important support to the company’s overall results, it was not sufficient to offset the gross loss and other operating expenses.

Distribution costs stood at approximately Rs4.89 million, while administrative expenses amounted to Rs9.32 million. Other operating expenses were reported at around Rs2.03 million, with finance costs adding another Rs3.72 million to the overall expense burden.

Annual Loss Widens

The company recorded a loss before taxation of Rs13.24 million for FY2026, compared with a loss before tax of Rs6.95 million in FY2025.

After taxation, the loss for the year stood at Rs12.59 million, widening from the Rs7.18 million loss reported for FY2025. Loss per share also increased to Rs0.84, compared with Rs0.48 per share in the preceding year.

The statement of comprehensive income shows that the company reported no additional comprehensive income or loss from the revaluation of land and buildings during the year. As a result, total comprehensive loss remained at Rs12.59 million for FY2026.

Equity Position Remains Under Pressure

The statement of changes in equity indicates that Pakistan PVC’s total equity moved further into negative territory. Total equity stood at approximately negative Rs45.14 million as of June 30, 2026, compared with negative Rs32.56 million at June 30, 2025.

The company’s issued, subscribed and paid-up capital remained at Rs149.58 million, while accumulated losses increased to approximately Rs429.09 million. The capital reserve stood at around Rs234.36 million at the end of FY2026.

Cash Flow Highlights

Cash flow figures also show pressure on the company’s operating position. Pakistan PVC used approximately Rs41.02 million in operating activities during FY2026, compared with Rs37.69 million used in the previous year.

Investing activities generated approximately Rs33.61 million, mainly supported by rental receipts and proceeds from the redemption of term deposits. Meanwhile, financing activities generated around Rs7.87 million, primarily through short-term borrowings.

Despite these movements, the company ended the financial year with cash and cash equivalents of approximately Rs517,876, up from Rs59,382 at the end of FY2025.

Financial Year Reflects Continued Challenges

The FY2026 results highlight the financial pressure facing Pakistan PVC Limited, particularly the sharp decline in revenue and continued gross losses. Although other income, investing activities and additional short-term financing provided some support to liquidity, the company continued to report an annual loss and negative total equity.

The financial statements therefore point to a year in which the company remained under pressure from weak sales relative to its cost base, while its accumulated losses continued to weigh on its overall financial position.