DGKC D.G. Khan Cement Company Limited

D.G. Khan Cement Company Limited (DGKC) financial ratios

D.G. Khan Cement Company Limited earned a net margin of 13.9% in FY2026 against a five-year average of 5.6% (Cement median 12.5%). Return on equity was 10.8%, compared with a sector median of 15.4%. The current ratio stood at 1.77× and debt was 30.4% of equity. Cash took about 133 days to cycle through receivables, inventory and payables.

FY2026 vs the Cement median

Gross margin: 25.8%; Sector median 26.5%
Operating margin: 18.4%; Sector median 19.4%
Net margin: 13.9%; Sector median 12.5%
Return on equity (ROE): 10.8%; Sector median 15.4%
Return on assets (ROA): 6.5%; Sector median 8.0%
Current ratio: 1.77×; Sector median 1.19×
Debt to equity: 30.4%; Sector median 34.0%
Asset turnover: 0.47×; Sector median 0.56×
Dividend payout ratio: 7.4%; Sector median 6.6%

Median of the 19 companies in the sector with the figure for their latest fiscal year.

DGKC financial ratios (annual) (Rs mn)
Rs mn	FY2026 Jul 2025 – Jun 2026	FY2025 Jul 2024 – Jun 2025	FY2024 Jul 2023 – Jun 2024	FY2023 Jul 2022 – Jun 2023	FY2022 Jul 2021 – Jun 2022	FY2021 Jul 2020 – Jun 2021	FY2020 * Jul 2019 – Jun 2020	FY2019 * Jul 2018 – Jun 2019	FY2018 Jul 2017 – Jun 2018	FY2017 Jul 2016 – Jun 2017	FY2016 Jul 2015 – Jun 2016	FY2015 Jul 2014 – Jun 2015	FY2014 Jul 2013 – Jun 2014	FY2013 Jul 2012 – Jun 2013	FY2012 Jul 2011 – Jun 2012	FY2011 Jul 2010 – Jun 2011	FY2010 * Jul 2009 – Jun 2010	FY2009 * Jul 2008 – Jun 2009	FY2008 Jul 2007 – Jun 2008	FY2007 * Jul 2006 – Jun 2007
Profitability
Gross margin	25.8%	25.2%	16.2%	15.1%	18.2%	18.4%	4.7%	13.0%	26.3%	37.3%	38.9%	34.3%	34.4%	36.5%	31.9%	23.9%	17.9%	31.6%	15.5%	31.7%
EBITDA margin	23.3%	22.9%	16.6%	17.7%	20.8%	20.3%	8.7%	17.5%	29.8%	36.7%	37.4%	35.4%	33.0%	33.4%	27.1%	17.8%	38.2%	38.7%	23.1%	41.9%
Operating margin	18.4%	17.7%	10.9%	11.8%	14.1%	12.5%	(0.8%)	8.8%	22.1%	29.5%	30.5%	28.0%	26.4%	27.1%	20.8%	10.2%	29.8%	31.0%	12.1%	34.2%
Pre-tax margin	20.6%	17.9%	4.3%	4.8%	10.9%	11.2%	(9.1%)	5.2%	21.9%	34.3%	36.9%	33.8%	28.6%	27.2%	16.6%	3.5%	3.0%	3.6%	(1.4%)	26.8%
Net margin	13.9%	12.4%	1.2%	(4.8%)	5.4%	8.3%	(5.4%)	4.3%	26.7%	24.2%	26.2%	27.8%	21.7%	20.9%	17.1%	1.0%	0.7%	1.0%	0.2%	23.7%
Effective tax rate	32.6%	30.6%	71.6%	198.7%	50.3%	25.7%	—	18.2%	(22.2%)	29.4%	28.9%	17.7%	24.2%	23.2%	(3.1%)	71.1%	78.3%	73.2%	—	11.4%
Returns
Return on equity (ROE)	10.8%	10.7%	0.9%	(5.2%)	4.4%	5.6%	(3.2%)	2.5%	11.7%	11.2%	13.3%	12.5%	10.9%	13.4%	12.9%	0.6%	0.3%	0.8%	0.1%	5.7%
Return on assets (ROA)	6.5%	6.4%	0.6%	(2.4%)	2.4%	2.9%	(1.7%)	1.4%	7.5%	8.0%	10.2%	10.3%	8.6%	9.2%	7.9%	0.4%	0.2%	0.4%	0.0%	3.5%
Return on invested capital (ROIC)	8.9%	9.9%	2.6%	(9.1%)	4.1%	5.1%	—	4.1%	9.0%	9.4%	12.0%	11.8%	10.3%	11.9%	13.0%	1.8%	2.3%	2.1%	—	5.1%
Liquidity
Current ratio	1.77×	1.81×	1.33×	0.83×	0.92×	0.95×	0.93×	1.00×	1.28×	1.85×	3.07×	4.36×	4.83×	2.54×	1.56×	1.39×	1.15×	0.82×	1.54×	2.60×
Quick ratio	1.16×	1.01×	0.66×	0.35×	0.41×	0.56×	0.58×	0.60×	0.97×	1.41×	2.55×	3.61×	3.99×	1.95×	1.09×	1.01×	0.83×	0.57×	1.26×	—
Leverage
Debt to equity	30.4%	27.8%	47.8%	67.6%	66.2%	62.4%	74.0%	61.6%	43.7%	28.6%	11.1%	6.3%	9.2%	22.7%	36.6%	46.7%	56.8%	66.4%	55.9%	37.2%
Debt to capital	23.3%	21.8%	32.3%	40.3%	39.8%	38.4%	42.5%	38.1%	30.4%	22.2%	10.0%	5.9%	8.4%	18.5%	26.8%	31.8%	36.2%	39.9%	35.9%	27.1%
Debt to assets	18.1%	17.4%	25.7%	31.9%	34.0%	32.9%	37.6%	34.0%	27.3%	19.7%	8.7%	5.2%	7.6%	16.8%	23.4%	27.9%	31.6%	32.2%	31.8%	24.4%
Assets to equity	1.64×	1.71×	1.98×	2.03×	1.92×	1.93×	1.89×	1.70×	1.53×	1.37×	1.24×	1.21×	1.27×	1.44×	1.62×	1.73×	1.92×	1.88×	1.64×	1.62×
Efficiency
Asset turnover	0.47×	0.51×	0.50×	0.50×	0.44×	0.35×	0.31×	0.34×	0.28×	0.33×	0.39×	0.37×	0.40×	0.44×	0.46×	0.39×	0.37×	0.38×	0.24×	0.15×
Receivable days days	20	20	30	41	51	70	77	57	55	32	22	23	23	27	19	11	12	11	9	6
Inventory days days	138	149	150	152	148	140	133	109	108	111	104	112	120	134	123	121	114	111	—	—
Payable days days	25	34	40	30	37	50	36	34	39	29	24	14	9	13	11	9	9	8	—	—
Cash conversion cycle days	133	135	140	163	162	160	174	132	124	114	103	121	133	149	131	123	117	114	9	6
Dividends
Dividend payout ratio	7.4%	9.5%	0.0%	—	13.9%	11.2%	—	102.1%	37.0%	41.6%	30.7%	28.2%	25.6%	24.1%	16.0%	0.0%	0.0%	0.0%	0.0%	24.9%
Earnings retention rate	0.93×	0.91×	1.00×	—	0.86×	0.89×	—	(0.02×)	0.63×	0.58×	0.69×	0.72×	0.74×	0.76×	0.84×	1.00×	1.00×	1.00×	1.00×	0.75×

Ratios as reported for each fiscal year; returns are on average equity / assets. Debt ratios are percentages; turnover in times; working-capital measures in days.

DGKC: frequently asked questions

What is DGKC's EPS?

D.G. Khan Cement Company Limited reported basic earnings per share of Rs 26.98 for FY2026 (Jul 2025 – Jun 2026).

What is DGKC's P/E ratio?

At the closing price of Rs 182.00 on 16 Oct 2026, DGKC trades at a P/E of 6.7× based on EPS of Rs 26.98 (FY2026).

Does DGKC pay dividends?

Yes. D.G. Khan Cement Company Limited declared a dividend of Rs 1.00 per share for FY2026. It has paid a dividend in each of the last 2 years. At Rs 182.00 that is a dividend yield of 0.5%.

What was DGKC's revenue and profit in FY2026?

D.G. Khan Cement Company Limited reported revenue of Rs 87.6 bn and profit attributable to shareholders of Rs 11.8 bn for FY2026 (Jul 2025 – Jun 2026).

What is DGKC's book value per share?

D.G. Khan Cement Company Limited's book value per share was Rs 280.25 at the end of FY2026. The shares trade at 0.65× book value.

Information only, not investment advice.