Income Statement OLP Modaraba

Stocks

OLPM

PK0032401017

Corporate Financial Services

End-of-day quote Pakistan S.E. 2026-10-06			5-day change	1st Jan Change
27.00 ^PKR	+0.56%		0.00%	+20.00%

09-15	OLP Modaraba Reports Earnings Results for the Full Year Ended June 30, 2026	CI
09-14	OLP Modaraba announces Annual dividend, payable on November 19, 2026	CI

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Published financial data: OLP MODARABA

Annual

Quarterly

Halfyear

YTD

LTM

Fiscal Period: June	2021 (PKR)	2022 (PKR)	2023 (PKR)	2024 (PKR)	2025 (PKR)
Revenues	1.29B	1.06B	976M	837M	621M
Interest And Invest. Income (Rev)	396M	472M	920M	1.27B	1.27B
Total Revenues	1.68B	1.53B	1.9B	2.11B	1.89B
Cost of Goods Sold, Total	1.07B	803M	681M	550M	487M
Gross Profit	611M	728M	1.22B	1.56B	1.4B
Selling General & Admin Expenses, Total	195M	206M	257M	282M	281M
Provision for Bad Debts	-	-	-	-	-
Other Operating Expenses	2.28M	2.33M	7.05M	8.19M	8.33M
Other Operating Expenses, Total	198M	208M	264M	290M	289M
Operating Income	413M	520M	952M	1.27B	1.11B
Interest Expense, Total	-298M	-371M	-754M	-1.01B	-863M
Net Interest Expenses	-298M	-371M	-754M	-1.01B	-863M
Other Non Operating Income (Expenses)	-13.63M	-24.51M	-38.39M	-35.8M	-58.02M
EBT, Excl. Unusual Items	102M	125M	160M	221M	193M
Gain (Loss) On Sale Of Assets	51.85M	23.56M	22.67M	3.77M	55.13M
Asset Writedown	-1.27M	4.37M	-	-860K	-
EBT, Incl. Unusual Items	153M	153M	182M	224M	248M
Income Tax Expense	-	41.28M	53.44M	66.12M	74.37M
Earnings From Continuing Operations	153M	112M	129M	158M	174M
Net Income to Company	153M	112M	129M	158M	174M
Net Income - (IS)	153M	112M	129M	158M	174M
Net Income to Common Incl Extra Items	153M	112M	129M	158M	174M
Net Income to Common Excl. Extra Items	153M	112M	129M	158M	174M
Per Share Items
Net EPS - Basic	3.36	2.46	2.84	3.48	3.84
Basic EPS - Continuing Operations	3.36	2.46	2.84	3.48	3.84
Basic Weighted Average Shares Outstanding	45.38M	45.38M	45.38M	45.38M	45.38M
Net EPS - Diluted	3.36	2.46	2.84	3.48	3.84
Diluted EPS - Continuing Operations	3.36	2.46	2.84	3.48	3.84
Diluted Weighted Average Shares Outstanding	45.38M	45.38M	45.38M	45.38M	45.38M
Normalized Basic EPS	1.4	1.72	2.2	3.04	2.66
Normalized Diluted EPS	1.4	1.72	2.2	3.04	2.66
Dividend Per Share	2.9	2	2	2	2.5
Payout Ratio	74.85	116.77	70.08	58.62	50.72
Supplemental Items
EBITDA	417M	525M	962M	1.28B	1.12B
EBITA	413M	520M	952M	1.27B	1.11B
EBIT	413M	520M	952M	1.27B	1.11B
EBITDAR	419M	531M	972M	1.29B	1.13B
Total Revenues (As Reported)	1.68B	1.53B	1.9B	2.11B	1.89B
Effective Tax Rate - (Ratio)	-	27.01	29.33	29.54	29.94
Current Domestic Taxes	-	-	-	-	110M
Total Current Taxes	-	104M	109M	-30.53M	110M
Deferred Domestic Taxes	-	-	-	-	-35.68M
Total Deferred Taxes	-	-62.9M	-55.45M	96.65M	-35.68M
Normalized Net Income	63.71M	78.06M	99.72M	138M	121M
Interest on Long-Term Debt	298M	371M	754M	1.01B	849M
Supplemental Operating Expense Items
General and Administrative Expenses	17.55M	17.94M	21.83M	26.3M	29.1M
Net Rental Expense, Total	1.82M	6.41M	10.15M	12.75M	8.71M
Imputed Operating Lease Interest Expense	888K	4.11M	13.39M	20.55M	9.79M
Imputed Operating Lease Depreciation	932K	2.3M	-3.24M	-7.8M	-1.09M
Maintenance & Repair Expenses, Total	13.79M	11.8M	15.69M	23.79M	27.95M

Fiscal Period: June	2021 (PKR)	2022 (PKR)	2023 (PKR)	2024 (PKR)	2025 (PKR)
Assets
Cash And Equivalents	769M	514M	400M	330M	605M
Short Term Investments	1.06M	1.06M	1.06M	1.06M	1.06M
Trading Asset Securities, Total	-	-	124M	351M	160M
Total Cash And Short Term Investments	770M	515M	525M	682M	765M
Accounts Receivable, Total	114M	125M	104M	69.82M	33.71M
Other Receivables	44.24M	48.43M	81.56M	100M	138M
Notes Receivable	1.33B	1.3B	1.32B	1.48B	2.07B
Total Receivables	1.49B	1.47B	1.51B	1.65B	2.24B
Prepaid Expenses	7.45M	7.51M	2.79M	3.51M	10.17M
Other Current Assets, Total	240M	355M	76.21M	299M	248M
Total Current Assets	2.5B	2.35B	2.11B	2.63B	3.27B
Gross Property Plant And Equipment	42.71M	59.79M	65.49M	70.97M	143M
Accumulated Depreciation	-38.59M	-41.6M	-48.43M	-56.22M	-69.72M
Net Property Plant And Equipment	4.12M	18.19M	17.06M	14.75M	72.96M
Other Intangibles, Total	121K	834K	2.19M	3.77M	1.83M
Accounts Receivable Long-Term	2.24B	1.81B	1.63B	1.26B	737M
Loans Receivable Long-Term	2B	2.46B	2.95B	3.81B	4.74B
Deferred Tax Assets Long-Term	-	62.9M	118M	21.7M	57.38M
Total Assets	6.75B	6.71B	6.82B	7.74B	8.87B
Liabilities
Accrued Expenses, Total	103M	153M	195M	236M	139M
Short-term Borrowings	-	-	-	-	150M
Current Portion of Long-Term Debt	3.29B	3.04B	3.86B	4.77B	5.85B
Current Portion of Leases	-	-	-	-	7.85M
Current Income Taxes Payable	-	60.84M	129M	54.25M	71.33M
Unearned Revenue Current, Total	9.2M	3.43M	1.65M	4.65M	-
Other Current Liabilities	497M	437M	449M	411M	439M
Total Current Liabilities	3.9B	3.69B	4.64B	5.48B	6.66B
Long-Term Debt	1.36B	1.57B	683M	749M	690M
Long-Term Leases	-	-	-	-	52.41M
Other Non Current Liabilities	334M	313M	327M	270M	147M
Total Liabilities	5.59B	5.57B	5.65B	6.49B	7.55B
Common Stock, Total	454M	454M	454M	454M	454M
Additional Paid In Capital	55.38M	55.38M	55.38M	55.38M	55.38M
Retained Earnings	649M	629M	667M	734M	818M
Total Common Equity	1.16B	1.14B	1.18B	1.24B	1.33B
Total Equity	1.16B	1.14B	1.18B	1.24B	1.33B
Total Liabilities And Equity	6.75B	6.71B	6.82B	7.74B	8.87B
Supplemental Items
ECS Total Shares Outstanding on Filing Date	45.38M	45.38M	45.27M	45.38M	45.38M
ECS Total Common Shares Outstanding	45.38M	45.38M	45.27M	45.38M	45.38M
Book Value / Share	25.53	25.09	25.99	27.4	29.24
Tangible Book Value	1.16B	1.14B	1.17B	1.24B	1.33B
Tangible Book Value Per Share	25.53	25.07	25.94	27.32	29.2
Total Debt	4.65B	4.6B	4.55B	5.52B	6.75B
Net Debt	3.88B	4.09B	4.02B	4.84B	5.99B
Debt Equivalent Oper. Leases	14.57M	51.3M	81.23M	102M	69.65M
Account Code - Inventory Valuation	3	-	-	3	3
Land - (BS)	-	-	-	-	12.86M
Machinery, Total	31.44M	47.59M	53.29M	58.11M	64.17M
Full Time Employees	40	41	-	41	38
Accumulated Allowance for Doubtful Accounts (Supple)	17.65M	13.46M	30.79M	54.16M	63.49M

Fiscal Period: June	2021 (PKR)	2022 (PKR)	2023 (PKR)	2024 (PKR)	2025 (PKR)
Net Income	153M	112M	129M	158M	174M
Depreciation & Amortization - CF	4.26M	4.39M	9.5M	8.66M	13.5M
Depreciation & Amortization, Total	4.26M	4.39M	9.5M	8.66M	13.5M
Amortization of Deferred Charges, Total - (CF)	1.02B	794M	669M	515M	409M
(Gain) Loss From Sale Of Asset	-51.85M	-23.56M	-22.67M	-3.77M	-55.13M
Asset Writedown & Restructuring Costs	1.27M	-4.37M	370K	860K	-
Provision for Credit Losses	33.99M	-3.16M	-3.17M	13.4M	52.49M
Other Operating Activities, Total	-69.33M	34.53M	9.62M	-48.54M	-182M
Change In Accounts Receivable	55.51M	-7.06M	2.54M	10.56M	26.78M
Change In Accounts Payable	29.62M	10.32M	-17.59M	14.5M	-
Change in Unearned Revenues	-14.07M	-5.77M	-1.78M	2.99M	-4.65M
Change in Other Net Operating Assets	-895M	-1B	-797M	-1.71B	-1.31B
Cash from Operations	271M	-93.3M	-22.5M	-1.03B	-872M
Capital Expenditure	-3.01M	-18.49M	-8.52M	-6.35M	-6.06M
Sale of Property, Plant, and Equipment	-	88.15K	3.6M	98K	-
Sale (Purchase) of Intangible assets	-	-883K	-2.04M	-3.46M	-228K
Other Investing Activities, Total	40.39M	35.2M	60.21M	93.07M	78.93M
Cash from Investing	37.38M	15.92M	53.25M	83.37M	72.64M
Long-Term Debt Issued, Total	157M	190M	62.91M	1.39B	1.35B
Total Debt Issued	157M	190M	62.91M	1.39B	1.35B
Long-Term Debt Repaid, Total	-621M	-237M	-117M	-418M	-334M
Total Debt Repaid	-621M	-237M	-117M	-418M	-334M
Common Dividends Paid	-114M	-130M	-90.25M	-92.46M	-88.29M
Common & Preferred Stock Dividends Paid	-114M	-130M	-90.25M	-92.46M	-88.29M
Cash from Financing	-577M	-177M	-145M	880M	924M
Net Change in Cash	-269M	-255M	-114M	-70.63M	125M
Supplemental Items
Cash Interest Paid	327M	319M	700M	991M	968M
Cash Income Tax Paid (Refund)	1.34M	32.38M	44.82M	49.11M	96.95M
Levered Free Cash Flow	713M	815M	1.16B	242M	-37.43M
Unlevered Free Cash Flow	899M	1.05B	1.63B	876M	502M
Change In Net Working Capital	385M	57.15M	-370M	432M	610M
Net Debt Issued / Repaid	-463M	-47.25M	-54.39M	973M	1.01B

Fiscal Period: June	2021 (PKR)	2022 (PKR)	2023 (PKR)	2024 (PKR)	2025 (PKR)
Profitability
Return on Assets	3.69	4.83	8.8	10.91	8.38
Return on Total Capital	4.27	5.63	10.38	12.72	9.38
Return On Equity %	13.07	9.71	11.12	13.03	13.54
Return on Common Equity	13.07	9.71	11.12	13.03	13.54
Margin Analysis
Gross Profit Margin %	36.3	47.57	64.12	73.94	74.24
SG&A Margin	11.61	13.44	13.55	13.36	14.86
EBITDA Margin %	24.81	34.27	50.7	60.6	59.35
EBITA Margin %	24.56	33.98	50.2	60.19	58.94
EBIT Margin %	24.56	33.98	50.2	60.19	58.94
Income From Continuing Operations Margin %	9.07	7.29	6.79	7.47	9.21
Net Income Margin %	9.07	7.29	6.79	7.47	9.21
Net Avail. For Common Margin %	9.07	7.29	6.79	7.47	9.21
Normalized Net Income Margin	3.79	5.1	5.26	6.54	6.39
Levered Free Cash Flow Margin	42.36	53.26	61.22	11.47	-1.98
Unlevered Free Cash Flow Margin	53.41	68.4	86.07	41.49	26.55
Asset Turnover
Asset Turnover	0.24	0.23	0.28	0.29	0.23
Fixed Assets Turnover	354.18	137.23	107.62	132.76	43.09
Receivables Turnover (Average Receivables)	8.75	8.87	8.53	9.64	12
Short Term Liquidity
Current Ratio	0.64	0.64	0.46	0.48	0.49
Quick Ratio	0.24	0.19	0.15	0.16	0.14
Operating Cash Flow to Current Liabilities	0.07	-0.03	-0	-0.19	-0.13
Days Sales Outstanding (Average Receivables)	41.73	41.17	42.78	37.97	30.41
Long Term Solvency
Total Debt/Equity	401.17	404.09	386.41	443.83	508.74
Total Debt / Total Capital	80.05	80.16	79.44	81.61	83.57
LT Debt/Equity	116.99	137.51	58.07	60.24	55.95
Long-Term Debt / Total Capital	23.34	27.28	11.94	11.08	9.19
Total Liabilities / Total Assets	82.84	83.02	82.76	83.93	85.05
EBIT / Interest Expense	1.39	1.4	1.26	1.25	1.29
EBITDA / Interest Expense	1.4	1.41	1.28	1.26	1.31
(EBITDA - Capex) / Interest Expense	1.39	1.36	1.26	1.26	1.3
Total Debt / EBITDA	11.14	8.77	4.73	4.31	5.99
Net Debt / EBITDA	9.29	7.79	4.18	3.78	5.31
Total Debt / (EBITDA - Capex)	11.22	9.09	4.77	4.34	6.02
Net Debt / (EBITDA - Capex)	9.36	8.07	4.22	3.8	5.34
Growth Over Prior Year
Total Revenues, 1 Yr. Growth %	-16.5	-10	23.89	11.31	-10.49
Gross Profit, 1 Yr. Growth %	-27.9	15.69	66.98	28.36	-10.13
EBITDA, 1 Yr. Growth %	-37.36	20.26	83.28	33.05	-12.34
EBITA, 1 Yr. Growth %	-37.56	20.43	83	33.47	-12.35
EBIT, 1 Yr. Growth %	-37.56	20.43	83	33.47	-12.35
Earnings From Cont. Operations, 1 Yr. Growth %	19.66	-26.86	15.45	22.48	10.36
Net Income, 1 Yr. Growth %	19.66	-26.86	15.45	22.48	10.36
Normalized Net Income, 1 Yr. Growth %	21.97	22.53	27.74	38.48	-12.51
Diluted EPS Before Extra, 1 Yr. Growth %	19.66	-26.86	15.45	22.48	10.36
Accounts Receivable, 1 Yr. Growth %	-36.88	9.88	-17.08	-32.71	-51.72
Net Property, Plant and Equip., 1 Yr. Growth %	-23.27	340.97	-6.2	-13.57	394.79
Total Assets, 1 Yr. Growth %	-6.85	-0.64	1.75	13.39	14.67
Tangible Book Value, 1 Yr. Growth %	-1.32	-1.79	3.22	5.57	6.88
Common Equity, 1 Yr. Growth %	-1.35	-1.73	3.34	5.69	6.7
Cash From Operations, 1 Yr. Growth %	-0.49	-134.42	-75.89	4.5K	-15.73
Capital Expenditures, 1 Yr. Growth %	31.15	514.75	-53.9	-25.52	-4.49
Levered Free Cash Flow, 1 Yr. Growth %	-40.52	12.58	42.39	-79.15	-115.46
Unlevered Free Cash Flow, 1 Yr. Growth %	-42.26	15.04	55.88	-46.34	-42.73
Dividend Per Share, 1 Yr. Growth %	16	-31.03	0	0	25
Compound Annual Growth Rate Over Two Years
Total Revenues, 2 Yr. CAGR %	-8.89	-12.83	5.59	17.43	-0.18
Gross Profit, 2 Yr. CAGR %	-4.14	-7.27	38.99	46.4	7.4
EBITDA, 2 Yr. CAGR %	-9.54	-11.26	48.46	56.16	8
EBITA, 2 Yr. CAGR %	-9.18	-11.32	48.45	56.28	8.16
EBIT, 2 Yr. CAGR %	-9.18	-11.32	48.45	56.28	8.16
Earnings From Cont. Operations, 2 Yr. CAGR %	10	-6.45	-8.11	18.92	16.26
Net Income, 2 Yr. CAGR %	10	-6.45	-8.11	18.92	16.26
Normalized Net Income, 2 Yr. CAGR %	15.83	22.25	25.11	33.01	10.07
Diluted EPS Before Extra, 2 Yr. CAGR %	10	-6.45	-8.11	18.92	16.26
Accounts Receivable, 2 Yr. CAGR %	3.35	-16.72	-4.54	-25.3	-43
Net Property, Plant and Equip., 2 Yr. CAGR %	-27.09	83.95	103.38	-9.96	106.79
Total Assets, 2 Yr. CAGR %	-1.56	-3.79	0.55	7.41	14.03
Tangible Book Value, 2 Yr. CAGR %	-0.05	-1.56	0.68	4.39	6.22
Common Equity, 2 Yr. CAGR %	-0.08	-1.54	0.77	4.51	6.19
Cash From Operations, 2 Yr. CAGR %	31.03	-41.47	-71.19	232.96	522.45
Capital Expenditures, 2 Yr. CAGR %	44.26	183.94	68.35	-41.4	-15.66
Levered Free Cash Flow, 2 Yr. CAGR %	-14.09	-17.49	26.61	-45.51	-82.05
Unlevered Free Cash Flow, 2 Yr. CAGR %	-14.7	-17.96	33.91	-8.55	-44.57
Dividend Per Share, 2 Yr. CAGR %	7.7	-10.56	-16.95	0	11.8
Compound Annual Growth Rate Over Three Years
Total Revenues, 3 Yr. CAGR %	-4.85	-8.92	-1.99	7.46	7.27
Gross Profit, 3 Yr. CAGR %	12.61	3.11	12.82	35.35	24.42
EBITDA, 3 Yr. CAGR %	13.47	0.95	13.01	43.14	28.82
EBITA, 3 Yr. CAGR %	14.34	1.28	12.9	43.28	28.88
EBIT, 3 Yr. CAGR %	14.34	1.28	12.9	43.28	28.88
Earnings From Cont. Operations, 3 Yr. CAGR %	8.23	-3.99	0.35	1.13	15.99
Net Income, 3 Yr. CAGR %	8.23	-3.99	0.35	1.13	15.99
Normalized Net Income, 3 Yr. CAGR %	24.53	18.02	24.05	29.42	15.67
Diluted EPS Before Extra, 3 Yr. CAGR %	8.23	-3.99	0.35	1.13	15.99
Accounts Receivable, 3 Yr. CAGR %	3.67	5.48	-16.84	-15.04	-35.41
Net Property, Plant and Equip., 3 Yr. CAGR %	-36.8	32.84	46.96	52.91	58.89
Total Assets, 3 Yr. CAGR %	-0.98	-1.25	-1.98	4.66	9.78
Tangible Book Value, 3 Yr. CAGR %	0.34	-0.64	0.01	2.29	5.21
Common Equity, 3 Yr. CAGR %	0.31	-0.63	0.06	2.39	5.23
Cash From Operations, 3 Yr. CAGR %	-33.35	-16.08	-56.45	56.27	110.61
Capital Expenditures, 3 Yr. CAGR %	1.46	133.89	54.9	28.28	-31.04
Levered Free Cash Flow, 3 Yr. CAGR %	-10.07	-5.47	-1.03	-30.6	-64.2
Unlevered Free Cash Flow, 3 Yr. CAGR %	-7.18	-5.35	1.61	-1.28	-21.76
Dividend Per Share, 3 Yr. CAGR %	5.07	-7.17	-7.17	-11.65	7.72
Compound Annual Growth Rate Over Five Years
Total Revenues, 5 Yr. CAGR %	-1.86	-4.13	-0.58	0.82	-1.27
Gross Profit, 5 Yr. CAGR %	4.29	12.5	23.25	18.63	10.62
EBITDA, 5 Yr. CAGR %	2.52	13.21	27.47	20.2	10.98
EBITA, 5 Yr. CAGR %	2.36	13.71	28.07	20.47	10.98
EBIT, 5 Yr. CAGR %	2.36	13.71	28.07	20.47	10.98
Earnings From Cont. Operations, 5 Yr. CAGR %	-2.5	-2.75	1.37	4.59	6.43
Net Income, 5 Yr. CAGR %	-2.5	-2.75	1.37	4.59	6.43
Normalized Net Income, 5 Yr. CAGR %	-7.43	8.52	24.76	23.8	18.26
Diluted EPS Before Extra, 5 Yr. CAGR %	-2.5	-2.75	1.37	4.59	6.43
Accounts Receivable, 5 Yr. CAGR %	4.29	6.47	0.3	-8.12	-28.5
Net Property, Plant and Equip., 5 Yr. CAGR %	-33.15	-4.45	0.87	13.7	68.48
Total Assets, 5 Yr. CAGR %	4.96	2.38	-0.37	2.13	4.14
Tangible Book Value, 5 Yr. CAGR %	-0.14	-0.18	0.48	1.34	2.45
Common Equity, 5 Yr. CAGR %	-0.3	-0.2	0.5	1.39	2.47
Cash From Operations, 5 Yr. CAGR %	6.16	-22.84	-52.35	45.64	26.19
Capital Expenditures, 5 Yr. CAGR %	-38.72	118.06	24.24	34.45	21.47
Levered Free Cash Flow, 5 Yr. CAGR %	-16.05	-13.15	3.45	-24.16	-50
Unlevered Free Cash Flow, 5 Yr. CAGR %	-13.24	-9.85	7.76	-6.64	-20.26
Dividend Per Share, 5 Yr. CAGR %	-3.13	-5.83	-4.36	-4.36	0