Clover Pakistan Reports Higher Profit and Revenue for FY2026
Clover Pakistan Limited has reported a significant improvement in its financial performance for the year ended June 30, 2026, with strong growth in revenue, operating profit and earnings. The company’s Board of Directors, meeting on October 1, 2026, also recommended a 15% bonus share issue, while no cash dividend or right shares were proposed. 284155
According to the company’s financial statements, net revenue increased to approximately Rs7.76 billion during FY2026, compared with Rs3.68 billion in the previous year. Gross profit also rose to around Rs507.9 million, from Rs415.0 million in FY2025. 284155
Profitability Shows Strong Improvement
Clover Pakistan’s operating profit reached approximately Rs409.7 million, compared with Rs282.9 million a year earlier. Profit before taxation increased to Rs324.8 million, while profit for the year climbed to Rs315.8 million, compared with Rs253.4 million in FY2025.
The improvement in earnings was also reflected in earnings per share, which increased from Rs0.65 to Rs0.81. 284155
The company’s comprehensive income for the year stood at Rs315.8 million, with no additional other comprehensive income reported. 284155
15% Bonus Shares Recommended
One of the key announcements for shareholders is the Board’s recommendation of 15 bonus shares for every 100 shares held, equivalent to a 15% bonus issue. No cash dividend or right shares were recommended. 284155
The entitlement will apply to shareholders whose names appear in the company’s register on October 20, 2026. The share transfer books will remain closed from October 21 to October 28, 2026, inclusive. 284155
The company has scheduled its Annual General Meeting for October 28, 2026, at 9:00am in Karachi. 284155
Balance Sheet Expands
Clover Pakistan’s total assets increased substantially to approximately Rs1.94 billion as of June 30, 2026, compared with Rs653.6 million at the end of FY2025. Non-current assets rose to Rs1.08 billion, largely reflecting the company’s increased investment in property and equipment. 284155
Shareholders’ equity also strengthened, reaching Rs847.7 million, compared with Rs531.9 million in the previous year. 284155
Strong Operating Cash Flow
The company also delivered a major improvement in cash generation. Net cash generated from operating activities reached approximately Rs751.6 million, compared with Rs68.0 million in FY2025.
At the same time, Clover Pakistan invested heavily in property, plant and equipment, with additions amounting to approximately Rs706.9 million. Despite this substantial investment, cash and cash equivalents increased to Rs128.9 million at year-end from Rs40.1 million a year earlier. 284155
Outlook
Clover Pakistan’s FY2026 results point to a year of strong expansion, supported by higher revenue, improved profitability and significantly stronger operating cash generation. The company’s increased investment in property and equipment also indicates a substantial expansion of its asset base.
For shareholders, the proposed 15% bonus issue adds another important development to the company’s annual results. The final entitlement remains subject to the relevant corporate process and shareholder approval at the scheduled AGM.
Overall, Clover Pakistan enters the new financial year with higher earnings, a stronger equity position and considerably improved operating cash flows, making FY2026 a notable year in the company’s financial performance.
