POWER Power Cement Limited

Power Cement Limited (POWER) financial ratios

Power Cement Limited earned a net margin of 11.1% in FY2026 against a five-year average of 0.6% (Cement median 12.5%). Return on equity was 38.2%, compared with a sector median of 15.4%. The current ratio stood at 0.80× and debt was 68.5% of equity. Cash took about 68 days to cycle through receivables, inventory and payables.

FY2026 vs the Cement median

Gross margin: 35.6%; Sector median 26.5%
Operating margin: 21.9%; Sector median 19.4%
Net margin: 11.1%; Sector median 12.5%
Return on equity (ROE): 38.2%; Sector median 15.4%
Return on assets (ROA): 8.0%; Sector median 8.0%
Current ratio: 0.80×; Sector median 1.19×
Debt to equity: 68.5%; Sector median 34.0%
Asset turnover: 0.71×; Sector median 0.56×
Dividend payout ratio: 0.0%; Sector median 6.6%

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

POWER 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	35.6%	28.5%	21.9%	23.7%	14.2%	21.7%	(2.4%)	4.1%	15.5%	21.9%	22.8%	25.3%	9.9%	20.6%	10.1%	(2.6%)	3.1%	23.5%	9.9%	(62.6%)
EBITDA margin	24.8%	18.7%	12.8%	15.8%	10.6%	20.6%	(22.2%)	(2.7%)	11.9%	20.8%	19.9%	20.2%	3.0%	26.0%	27.1%	(11.4%)	(11.4%)	13.9%	2.4%	(39.9%)
Operating margin	21.9%	15.6%	9.7%	12.4%	5.9%	13.5%	(25.6%)	(6.6%)	8.3%	18.1%	17.2%	17.4%	0.2%	22.9%	23.7%	(15.7%)	(15.0%)	10.4%	(3.5%)	(73.7%)
Pre-tax margin	16.5%	5.3%	(6.6%)	(0.3%)	(7.6%)	(4.7%)	(95.8%)	(10.7%)	8.0%	12.6%	18.5%	16.1%	(4.0%)	12.4%	10.0%	(34.0%)	(34.0%)	(1.4%)	(11.1%)	(81.8%)
Net margin	11.1%	2.8%	(8.7%)	0.6%	(2.5%)	2.5%	(87.5%)	15.1%	7.4%	10.4%	11.7%	11.3%	(2.1%)	10.5%	5.2%	(41.7%)	(32.8%)	4.1%	(9.3%)	(68.8%)
Effective tax rate	32.4%	48.2%	—	—	—	—	—	—	8.3%	17.4%	36.4%	29.6%	—	14.9%	47.6%	—	—	—	—	—
Returns
Return on equity (ROE)	38.2%	7.7%	(45.3%)	(2.5%)	(8.2%)	2.1%	(33.7%)	4.9%	3.2%	8.7%	23.1%	26.4%	(5.1%)	28.3%	14.6%	(94.1%)	(53.1%)	7.4%	(7.3%)	(11.2%)
Return on assets (ROA)	8.0%	1.7%	(5.6%)	0.4%	(1.0%)	0.8%	(8.5%)	1.8%	1.8%	5.3%	8.0%	7.4%	(1.3%)	6.9%	3.0%	(18.1%)	(13.0%)	2.2%	(2.2%)	(3.4%)
Return on invested capital (ROIC)	12.1%	5.6%	—	—	—	—	—	—	2.7%	9.5%	14.1%	12.3%	—	10.9%	8.9%	—	—	—	—	—
Liquidity
Current ratio	0.80×	1.00×	0.80×	0.76×	0.69×	0.43×	0.37×	0.68×	1.43×	2.56×	0.91×	0.86×	0.62×	0.60×	0.40×	0.45×	0.34×	0.93×	1.09×	0.53×
Quick ratio	0.23×	0.47×	0.36×	0.44×	0.39×	0.25×	0.26×	0.52×	1.01×	2.05×	0.47×	0.39×	0.25×	0.25×	0.09×	0.15×	0.11×	0.31×	0.48×	0.17×
Leverage
Debt to equity	68.5%	79.0%	116.1%	135.9%	131.3%	261.6%	306.2%	188.5%	93.8%	17.5%	84.3%	174.9%	234.3%	209.0%	269.2%	314.6%	343.2%	174.8%	170.6%	169.6%
Debt to capital	40.6%	44.1%	53.7%	57.6%	56.8%	72.3%	75.4%	65.3%	48.4%	14.9%	45.7%	63.6%	70.1%	67.6%	72.9%	75.9%	77.4%	63.6%	63.0%	62.9%
Debt to assets	34.7%	39.0%	47.2%	49.2%	48.9%	61.8%	62.5%	57.6%	43.2%	12.9%	31.7%	54.4%	57.9%	55.6%	58.5%	60.5%	66.0%	50.7%	51.6%	52.7%
Assets to equity	2.00×	2.22×	2.60×	2.73×	3.28×	4.54×	3.97×	2.74×	1.82×	1.64×	2.91×	3.58×	3.90×	4.12×	4.88×	5.20×	4.09×	3.38×	3.26×	3.25×
Efficiency
Asset turnover	0.71×	0.62×	0.65×	0.61×	0.38×	0.31×	0.10×	0.12×	0.24×	0.51×	0.68×	0.65×	0.61×	0.65×	0.57×	0.43×	0.40×	0.53×	0.24×	0.05×
Receivable days days	19	23	20	25	58	100	398	307	131	79	68	56	55	37	22	27	48	48	82	175
Inventory days days	121	99	74	62	75	83	159	144	129	109	98	107	92	95	79	66	110	118	167	445
Payable days days	72	63	57	74	118	182	385	229	116	79	76	98	104	111	83	64	70	68	136	317
Cash conversion cycle days	68	59	36	13	15	1	171	222	145	109	89	64	42	21	18	29	87	97	113	303
Dividends
Dividend payout ratio	0.0%	0.0%	—	—	—	0.0%	—	0.0%	0.0%	0.0%	0.0%	0.0%	—	0.0%	0.0%	—	—	0.0%	—	—
Earnings retention rate	1.00×	1.00×	—	—	—	1.00×	—	1.00×	1.00×	1.00×	1.00×	1.00×	—	1.00×	1.00×	—	—	1.00×	—	—

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.

POWER: frequently asked questions

What is POWER's EPS?

Power Cement Limited reported basic earnings per share of Rs 2.86 for FY2026 (Jul 2025 – Jun 2026).

What is POWER's P/E ratio?

At the closing price of Rs 21.76 on 16 Oct 2026, POWER trades at a P/E of 7.6× based on EPS of Rs 2.86 (FY2026).

Does POWER pay dividends?

Power Cement Limited did not declare a cash dividend for FY2026.

What was POWER's revenue and profit in FY2026?

Power Cement Limited reported revenue of Rs 34.0 bn and profit attributable to shareholders of Rs 3.8 bn for FY2026 (Jul 2025 – Jun 2026).

What is POWER's book value per share?

Power Cement Limited's book value per share was Rs 8.93 at the end of FY2026. The shares trade at 2.44× book value.

Information only, not investment advice.