اٹک ریفائنری کا FY26 میں خالص منافع 22.1 ارب روپے (EPS: 207.32) رہا؛ 15 روپے فی شیئر ڈیویڈنڈ کا اعلان۔ ATRL posts FY26 unconsolidated PAT of PKR 22.1bn (EPS: PKR 207.32), up 85% YoY; announces PKR 15/share final dividend.
Ex-date is not in this summary yet; check book closure in the official PSX attachment below.
ایگزیکٹو سمری
اٹک ریفائنری لمیٹڈ نے FY26 کے لیے شاندار مالیاتی نتائج کا اعلان کیا ہے۔ غیر مستحکم (غیر ہولڈنگ) خالص منافع (PAT) سالانہ بنیادوں پر 84.62% اضافے کے ساتھ 22,103 ملین روپے (فی شیئر آمدن EPS: 207.32 روپے) رہا جو گزشتہ سال 11,972 ملین روپے تھا۔ منافع میں یہ نمایاں اضافہ عالمی ریفائننگ مارجنز میں بہتری، مقامی خام تیل کی مسلسل فراہمی اور مفت زمین کی دوبارہ پیمائش کی بدولت ہوا۔ بورڈ نے 15.00 روپے فی شیئر (150%) حتمی کیش ڈیویڈنڈ کی سفارش کی ہے، جس سے FY26 کا کل ڈیویڈنڈ 17.50 روپے فی شیئر (175%) ہو گیا ہے۔
مالیاتی موازنہ (ملین روپے میں)
| مالیاتی اشاریہ | FY26 | FY25 | سالانہ تبدیلی |
|---|---|---|---|
| کل ریونیو (Gross Revenue) | 493,420.95 | 416,943.24 | +18.34% |
| حکومتی ٹیکسز و لیویز | (151,832.43) | (115,613.43) | +31.33% |
| خالص سیلز (Net Sales) | 341,588.52 | 301,329.81 | +13.36% |
| اشیاء کی لاگت (Cost of Sales) | (310,303.80) | (291,592.12) | +6.42% |
| گروس منافع (Gross Profit) | 31,284.72 | 9,737.69 | +221.27% |
| دیگر آمدن (Other Income) | 9,685.50 | 12,216.89 | -20.72% |
| آپریٹنگ منافع | 36,218.88 | 18,679.86 | +93.89% |
| ٹیکس (Taxation) | (14,394.08) | (7,078.89) | +103.34% |
| خالص منافع (PAT Total) | 22,103.33 | 11,972.07 | +84.62% |
| فی شیئر آمدن (EPS - PKR) | 207.32 | 112.30 | +84.61% |
- حتمی کیش ڈیویڈنڈ: 15.00 روپے فی شیئر (150%)
- عبوری کیش ڈیویڈنڈ (پہلے سے ادا شدہ): 2.50 روپے فی شیئر (25%)
- کل سالانہ ڈیویڈنڈ (FY26): 17.50 روپے فی شیئر (175%)
- بُک کلوزر تاریخیں: 13 اکتوبر 2026 تا 19 اکتوبر 2026
- سالانہ اجلاس عام (48th AGM): 19 اکتوبر 2026
اٹک ریفائنری نے FY26 میں بہترین کارکردگی کا مظاہرہ کیا۔ کمپنی کا بلا سود قرضوں کا ڈھانچہ، مضبوط کیش فلو اور اپ گریڈیشن پالیسی کی منظوری مستقبل میں طویل المدتی ترقی کی ضمانت فراہم کرتی ہے۔
Executive Summary
Attock Refinery Limited (ATRL) reported an outstanding financial performance for FY26. Unconsolidated Profit After Tax (PAT) surged by 84.62% YoY to PKR 22,103 million (EPS: PKR 207.32) compared to PKR 11,972 million (EPS: PKR 112.30) in FY25. The robust profit expansion was driven by higher global refining margins stemming from geopolitical tensions in the Gulf region, continuous operational throughput from 100% indigenous crude, and revaluation of freehold land. The Board recommended a final cash dividend of PKR 15.00 per share (150%), taking total payout for FY26 to PKR 17.50 per share (175%).
Unconsolidated Financial Comparison (PKR Million)
| Financial Metric | FY26 | FY25 | YoY Change |
|---|---|---|---|
| Gross Revenue | 493,420.95 | 416,943.24 | +18.34% |
| Government Taxes & Levies | (151,832.43) | (115,613.43) | +31.33% |
| Net Sales | 341,588.52 | 301,329.81 | +13.36% |
| Cost of Sales | (310,303.80) | (291,592.12) | +6.42% |
| Gross Profit | 31,284.72 | 9,737.69 | +221.27% |
| Other Income | 9,685.50 | 12,216.89 | -20.72% |
| Operating Profit | 36,218.88 | 18,679.86 | +93.89% |
| Finance Cost | (377.11) | (526.12) | -28.32% |
| Profit Before Tax (Refinery) | 35,841.77 | 18,153.73 | +97.43% |
| Taxation | (14,394.08) | (7,078.89) | +103.34% |
| Profit After Tax (Total) | 22,103.33 | 11,972.07 | +84.62% |
| EPS (Basic & Diluted - PKR) | 207.32 | 112.30 | +84.61% |
Consolidated Highlights & Operational Details
- Consolidated PAT: PKR 26,062 million (EPS: PKR 244.45) vs PKR 8,948 million (EPS: PKR 83.93) in FY25 (+191.25% YoY).
- Throughput & Capacity: Operated at ~71% capacity throughput of 1.731 million Metric Tons (13.327 million US barrels) compared to 69% (1.664 million Tons / 12.810 million US barrels) in FY25.
- Exports: Successfully exported 172,500 tons of Low Sulphur Fuel Oil (LSFO) generating USD 167.13 million in foreign exchange.
- Revaluation Surplus: Freehold land revalued in April 2026, adding a surplus of PKR 7,828.31 million to equity.
- Upgradation Project: US$ 600 million brownfield upgrade project (CCR Unit, Kerosene Hydrotreater, DHDS revamp) moving forward under the newly approved Brownfield Refining Policy 2023 (amended July 2026). FEED package is ~90% complete.
- Final Cash Dividend: PKR 15.00 per share (150%)
- Interim Cash Dividend Paid: PKR 2.50 per share (25%)
- Total FY26 Cash Dividend: PKR 17.50 per share (175%)
- Book Closure Start Date: October 13, 2026
- Book Closure End Date: October 19, 2026
- 48th AGM Date: October 19, 2026 at 11:00 AM
- Volatile international crude and refined petroleum product prices.
- Dumping/smuggling of High-Speed Diesel (HSD) and declining local demand for Furnace Fuel Oil (FFO).
- Imposition of Petroleum Levy (PL) and Climate Support Levy on Furnace Oil effective July 2025.
- Circular debt in the energy value chain and delayed receivables from OMCs.
- Implementation of the amended Pakistan Oil Refining Policy 2023 offers 10% tariff protection on Motor Gasoline and 2.5% on Diesel into the Upgradation Account.
- Upgradation project will transition product slate to Euro-V compliant fuels and increase Gasoline production by ~25%.
- First receipts from newly discovered oil fields in the northern region commenced in Q4 FY26, improving crude intake security and capacity utilization.
ATRL demonstrated robust earnings power in FY26 with an 85% growth in unconsolidated PAT and 191% jump in consolidated PAT. The debt-free balance sheet, strong liquidity, generous payout ratio, and clear policy visibility for its US$ 600m upgrade project position ATRL favorably for sustainable long-term value creation.