Sui Northern Gas reports FY2026 results and recommends a Rs. 3.00 final dividend
Financial ResultSui Northern Gas Pipelines Limited reported annual results for the year ended June 30, 2026. Revenue after tariff adjustment and gross profit declined year on year, while operating profit, net profit and EPS increased. The board recommended a final cash dividend of Rs. 3.00 per share. The filing also notes that circular-debt settlement depends on resolution of intercorporate balances and an increase in gas prices or government subsidy.
Payout
- Final cash dividend Rs 3 per share (30%) · Book closure 20/11/2026 to 27/11/2026
Key Findings
- Revenue and tariff adjustment declined to Rs. 1,113,072,594 thousand from Rs. 1,408,517,267 thousand; gross profit also fell.
- Operating profit rose to Rs. 59,887,272 thousand from Rs. 54,913,307 thousand, and profit for the year increased to Rs. 14,808,703 thousand from Rs. 14,591,947 thousand.
- EPS increased to Rs. 23.35 from Rs. 23.01.
- The board recommended a final cash dividend of Rs. 3.00 per share, or 30%, for FY2026.
- The auditor drew attention to the dependence of circular-debt settlement on resolving intercorporate balances and on higher gas prices or government subsidy.
Financial Performance
| Metric | PreviousYear ended June 30, 2025 | CurrentYear ended June 30, 2026 | Change |
|---|---|---|---|
| Revenue and tariff adjustment | PKR 1.41T | PKR 1.11T | -21% |
| Gross profit | PKR 80.45B | PKR 68.22B | -15.2% |
| Operating profit | PKR 54.91B | PKR 59.89B | +9.1% |
| Profit for the year | PKR 14.59B | PKR 14.81B | +1.5% |
| Earnings per share - basic and diluted (in Rupees) | 23.01 | 23.35 | +1.5% |
| Finance cost | PKR 30.47B | PKR 25.23B | -17.2% |
| Cash and bank balances | PKR 13.05B | PKR 13.24B | +1.4% |
| Short term borrowings from financial institutions - secured | PKR 159.41B | PKR 169.63B | +6.4% |
| Final cash dividend per share | Rs. 3 per share | Rs. 3.00 per share | 0% |
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Highlights summarize the key points from the company's official PSX filing. View the original filing for the complete details before making financial decisions.
