APAG Reports Strong Financial Performance for FY2026, Announces Final Cash Dividend
Agro Processors and Atmospheric Gases Limited (APAG) has reported a strong financial performance for the year ended June 30, 2026, with significant improvement in revenue, profitability and earnings compared with the previous year.
According to the company’s financial results, APAG’s sales increased to Rs19.93 billion in FY2026 from Rs18.07 billion in FY2025. The higher revenue was accompanied by an improvement in gross profit, which rose to approximately Rs3.28 billion, compared with Rs2.59 billion a year earlier. 284047
Profitability Shows Clear Improvement
The company’s bottom line also strengthened considerably during the year. APAG recorded a profit before levy and taxation of Rs1.25 billion, compared with Rs925.66 million in FY2025.
After taxation, profit for the year reached Rs875.57 million, up from Rs557.16 million in the previous year. This represents an increase of roughly 57%, highlighting a substantial improvement in the company’s overall profitability. 284047
Earnings per share also improved significantly. Basic and diluted EPS increased to Rs2.66 from Rs1.69 in the prior year, providing a positive signal for shareholders. 284047
Comprehensive Income Also Rises
APAG’s total comprehensive income for FY2026 stood at approximately Rs931.40 million, compared with Rs709.76 million in FY2025.
The increase was supported by the higher annual profit as well as movements in other comprehensive income, including the revaluation of property and related deferred tax impacts. 284047
Operating Cash Flow Turns Positive
The company also recorded a notable improvement in cash generation from operations. Net cash generated from operating activities was approximately Rs672.56 million during FY2026, compared with a net operating cash outflow of around Rs296.58 million in FY2025.
This improvement indicates stronger operating cash generation during the year, although the company continued to record significant movements in working capital and other operating items. 284047
Dividend Announced for Shareholders
Alongside the financial results, APAG’s Board recommended a final cash dividend of Re0.50 per share, equivalent to 25%, for the year ended June 30, 2026. The company stated that this is in addition to the interim cash dividend already declared during the year.
The company has scheduled its Annual General Meeting for October 26, 2026, in Karachi, with shareholders also able to participate through video conference. The entitlement will be available to shareholders whose names appear in the company’s register on October 19, 2026. 284047
A Stronger Year for APAG
Overall, APAG’s FY2026 results point to a year of meaningful financial improvement. Higher sales translated into stronger gross and operating profits, while net earnings and EPS recorded substantial growth.
With revenue approaching the Rs20 billion mark, profit rising sharply and operating cash flow returning to positive territory, the company enters the new financial year from a stronger position. The recommended final dividend also underlines the company’s intention to provide a return to shareholders following the improved annual performance.
For investors and market observers, APAG’s FY2026 results stand out for the combination of revenue growth, stronger profitability, improved cash generation and higher earnings per share.
