Saudi Pak Consultancy Faces a Challenging FY2026 as Profit and Revenue Decline

Saudi Pak Consultancy Company Limited reported a significant deterioration in its financial performance for the year ended June 30, 2026, with revenue, operating profit and earnings all falling substantially compared with the previous year.

According to the company’s financial statements, revenue from contracts with customers declined to Rs51.80 million in FY2026 from Rs102.04 million in FY2025, representing a reduction of around 49%. Despite lower revenue, administrative and operating expenses remained substantial at Rs60.61 million during the year.

Profit Drops Sharply

The company reported an operating profit of Rs8.14 million for FY2026, compared with Rs64.12 million in the previous year. Other operating income contributed Rs5.42 million, while finance costs stood at Rs9.49 million.

As a result, profit before income tax fell to Rs4.07 million, compared with Rs54.05 million in FY2025. After accounting for income tax expense of Rs691,498, the company recorded profit after tax of Rs3.38 million, down from Rs44.16 million a year earlier.

The decline was also reflected in earnings per share. Basic earnings per share dropped from Rs0.98 to Rs0.07, while diluted earnings per share declined from Rs0.45 to Rs0.03.

Comprehensive Income Also Comes Under Pressure

The company’s statement of comprehensive income shows an unrealised loss of Rs3.80 million on the remeasurement of investments at fair value through other comprehensive income.

Consequently, total comprehensive income/(loss) for FY2026 stood at a loss of Rs422,722, compared with comprehensive income of Rs52.11 million in FY2025.

Balance Sheet Remains Under Pressure

Saudi Pak Consultancy’s total assets stood at Rs624.02 million at June 30, 2026, compared with Rs686.30 million at the end of FY2025.

Current assets amounted to Rs518.08 million, while non-current assets were recorded at approximately Rs105.93 million. Cash and bank balances declined considerably, falling to Rs24.26 million from Rs69.74 million a year earlier.

On the liabilities side, total liabilities stood at approximately Rs1.024 billion, compared with Rs1.085 billion in FY2025. The company consequently reported negative net assets of approximately Rs399.60 million at the end of FY2026.

Cash Position Weakens

The cash flow statement provides another important indication of the company’s financial position.

Net cash used in operating activities amounted to Rs19.40 million in FY2026, compared with net cash generated from operating activities of Rs7.99 million in FY2025.

Investing activities used a further Rs13.68 million, while financing activities resulted in a net cash outflow of approximately Rs12.40 million.

Overall, cash and cash equivalents decreased by Rs45.48 million during the year, leaving the company with Rs24.26 million in cash and cash equivalents at June 30, 2026, compared with Rs69.74 million a year earlier.

Looking Ahead

The FY2026 financial statements show a year of considerable financial pressure for Saudi Pak Consultancy Company Limited. The sharp decline in revenue was accompanied by lower operating profit and a substantial reduction in earnings, while cash resources also fell significantly.

The company’s financial position will therefore remain an important area to watch as it works to improve revenues, manage operating costs and address its balance-sheet position in the coming financial year.