CorporatePositive · Buy biasPSX

Kot Addu Power Company Ltd. Announces FY2026 Financial Results

Kot Addu Power Company Limited (KAPCO) reported its financial results for the year ended June 30 2026, showing a significant improvement in profitability and cash flow.

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Kot Addu Power Company Ltd. Announces FY2026 Financial Results — Power | Shariah PSX

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How This Affects the Exchange

Sector Effect

Positive · Buy bias

Power sector profit surge → Positive for Power; Buy bias on KAPCO

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Desk call: Buy bias · Positively affected

  • PowerPositively affected

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KAPCO · Buy bias

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  • · Positively affected · Buy bias

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Sectors: Power Positive · Buy bias. PSX tickers: KAPCO. Power sector profit surge → Positive for Power; Buy bias on KAPCO

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## Financial Performance

Kot Addu Power Company Limited (KAPCO) released its audited financial statements for the fiscal year ended June 30 2026. The company posted a net profit of PKR 7.2 billion, up 38% year‑on‑year, driven by higher plant load factor (PLF) and better fuel cost management. Revenue increased to PKR 45.5 billion, reflecting a 22% rise from the previous year.

## Operational Highlights

- Plant Load Factor: PLF improved to 78.5%, compared with 71.2% in FY2025, indicating higher utilization of the 1,232 MW generating unit. - Fuel Mix: The company optimized its fuel mix, increasing the share of cheaper indigenous gas while reducing reliance on imported furnace oil, resulting in a 12% reduction in fuel cost per megawatt hour. - Cash Flow: Operating cash flow rose to PKR 9.8 billion, supporting dividend payments and debt servicing.

## Dividend and Outlook

The board approved an interim dividend of PKR 2.00 per share, payable on September 15 2026. Management reaffirmed its guidance for FY2027, targeting a net profit above PKR 8 billion and continued focus on cost efficiency and capacity utilization.

## Management Commentary

Chief Executive Officer, Mr. Ahmed Khan, stated: “The strong operational performance and disciplined cost control have delivered robust earnings growth. We remain confident in our ability to generate sustainable returns for shareholders while contributing to Pakistan’s energy security.”

## Shariah Consideration

KAPCO’s operations are fully compliant with Shariah principles, and the company continues to be listed on the PSX’s Shariah-compliant segment.