Hub Power Company Limited (HUBC) reported a FY26 PAT of PKR 56.3bn, a 9% YoY increase, with attributable PAT rising 8% YoY to PKR 49.6bn and EPS growing to PKR 38.26 from PKR 35.56 in FY25. The company declared a FY26 DPS of PKR 20/share, up from PKR 15/share last year.Generation increased 20% YoY to 5,363 GWh. TEL generation rose to 1,822 GWh, TNTPL to 1,824 GWh, and CPHGC significantly increased to 1,198 GWh. – Net revenue declined 15% to PKR 71.1bn, while gross profit fell 25% to PKR 29.7bn, affecting gross margins.– Share of profit rose 10% YoY to PKR 45.3bn, boosting group earnings.– Finance costs decreased 40% YoY to PKR 9.1bn, enhancing profitability amid lower interest rates. – Other income surged 84% to PKR 7.4bn, leading to a PBT increase of 10% YoY to PKR 70.2bn.– HUBC had a robust 4QFY26, with attributable PAT up 39% YoY to PKR 16.6bn and EPS at PKR 12.77. – Effective tax rate fell significantly in 4QFY26, contributing to higher PAT. HUBC’s electric mobility business is seen as a growth driver, with future potential from the CKD assembly plant and expanded charging network.
