HASC.PSX—58

Hascol Petroleum Ltd

Oil & Gas Refining and MarketingVerified

Score breakdown

Profitability+9Sentiment+30Risk penalty-3Missing signals-3

Quality breakdown

Key fields100Profile38Conclusion96AI synthesis40Observations13

Hascol Petroleum operates with a negative equity position of PKR -93.18 billion and a debt-to-equity ratio of -0.53, indicating a leveraged capital structure with liabilities exceeding assets [doc:HA-latest]. The company's liquidity is constrained, as evidenced by a current ratio of 0.1, suggesting limited short-term asset coverage of liabilities [doc:HA-latest]. Despite a net loss of PKR 6.77 billion, operating cash flow remains positive at PKR 4.33 billion, but free cash flow is negative at PKR -4.81 billion, reflecting capital expenditure outflows of PKR -433 million [doc:HA-latest]. Profitability metrics show a return on equity of 7.27%, but a negative return on assets of -17.02%, indicating asset underperformance relative to the industry's typical capital intensity [doc:HA-latest]. Gross profit of PKR 3.58 billion and operating income of PKR 1.19 billion suggest margin compression, as the company's net loss of PKR 6.77 billion highlights significant non-operating or interest expenses [doc:HA-latest]. The company's revenue is distributed across retail outlets, lubricants, and LPG stations, with approximately 600 retail outlets and 15 AutoMax LPG stations across Pakistan. However, the financial snapshot does not provide segment-specific revenue breakdowns, limiting visibility into geographic or product concentration [doc:HA-latest]. Growth trajectory is constrained, with the company reporting a net loss and negative free cash flow. Analyst estimates for the last actual revenue of PKR 155.52 billion and EPS of -45.96 PKR indicate a challenging operating environment [doc:, doc:]. The outlook for the current and next fiscal years remains uncertain without disclosed revenue growth projections. Risk factors include liquidity constraints and a negative net cash position after subtracting total debt. The risk assessment indicates medium liquidity risk and low dilution potential, but the company's negative equity position raises concerns about solvency [doc:HA-latest]. No recent events or filings are disclosed in the input data to suggest material changes in the company's risk profile. No recent events, filings, or transcripts are provided in the input data to inform the company's recent operational or strategic developments [doc:HA-latest].

30-day price · HASC.PSX+0.93 (+4.6%)

Low$19.85High$22.70Close$21.03As of4 May, 00:00 UTC

Profile

CompanyHascol Petroleum Ltd

TickerHASC.PSX

SectorEnergy

BusinessEnergy - Fossil Fuels

Industry groupEnergy - Fossil Fuels

IndustryOil & Gas Refining and Marketing

AI analysis

Business. Hascol Petroleum Limited procures, stores, and markets petroleum, chemicals, liquefied petroleum gas (LPG), and related products in Pakistan, with revenue derived from retail outlets, lubricants, and LPG stations [doc:HA-latest].

Classification. Hascol is classified under the Energy - Fossil Fuels business sector, specifically in Oil & Gas Refining and Marketing, with a confidence level of 0.92 [doc:verified market data].

Key takeaways

Hascol operates with a negative equity position and a debt-to-equity ratio of -0.53, indicating a highly leveraged capital structure.
Despite positive operating cash flow, the company's free cash flow is negative, reflecting capital expenditure outflows and a net loss.
Profitability is mixed, with a positive return on equity but a negative return on assets, suggesting asset underperformance.
The company's growth trajectory is constrained by a net loss and negative free cash flow, with no disclosed revenue growth projections.
Liquidity risk is medium, and the company's negative net cash position raises concerns about solvency.
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Financial snapshot

PeriodHA-latest

CurrencyPKR

Revenue$177.46B

Gross profit$3.58B

Operating income$1.20B

Net income-$6.77B

R&D—

SG&A—

D&A—

SBC—

Operating cash flow$4.33B

CapEx-$433.1M

Free cash flow-$4.81B

Total assets$39.79B

Total liabilities$132.96B

Total equity-$93.18B

Cash & equivalents—

Long-term debt$49.18B

Annual history (last 5)

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Quarterly history (last 4)

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Valuation

Market price—

Market cap—

Enterprise value—

P/E—

Reported non-GAAP P/E—

EV/Revenue—

EV/Op income—

EV/OCF—

P/B—

P/Tangible book—

Tangible book-$93.18B

Net cash-$49.18B

Current ratio0.1

Debt/Equity-0.5

ROA-17.0%

ROE7.3%

Cash conversion-64.0%

CapEx/Revenue-0.2%

SBC/Revenue—

Asset intensity—

Dilution ratio0.0%

Risk assessment

Dilution riskLow

Liquidity riskMedium

Net cash is negative after subtracting total debt.

Industry benchmarks

Activity: Oil & Gas · cohort 184 companies

MetricHASC.PSXActivity

Op margin0.7%15.4% medp25 -3260.6% · p75 43.2%below median

Net margin-3.8%24.1% medp25 -1.6% · p75 41.0%bottom quartile

Gross margin2.0%20.0% medp25 5.5% · p75 48.5%bottom quartile

R&D / revenue—2.5% medp25 2.5% · p75 2.5%

CapEx / revenue-0.2%-14.7% medp25 -50.8% · p75 -1.4%top quartile

Debt / equity-53.0%37.1% medp25 26.9% · p75 69.5%bottom quartile

Observations

IR observations

Last actual EPS-45.96 PKR

Last actual revenue155,519,634,000 PKR

Source data

Underlying data the analysis-pipeline pulls and audits. Fetch timestamps + content hashes show when each source was last refreshed.

Company fundamentalsperiod FQ-7 · history via verified-market-data

no public URL

2026-05-05 16:49 UTC#f95e5021

Source: analysis-pipeline (hybrid)Generated: 2026-05-05 16:51 UTCJob: b6cd5798