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Sector

Cement sector

19 companies in the Cement sector have financials on Smart Money, worth Rs 1.48 tn together at the latest close. Their latest annual reports add up to revenue of Rs 1.17 tn and profit of Rs 191.2 bn; 15 of the 19 were profitable. The median company trades at 7.9× earnings and 1.31× book value; the median dividend payer yields 2.0%. The largest is Lucky Cement Limited (LUCK) at Rs 589.7 bn.

Companies
19
15 profitable
Market value
Rs 1.48 tn
at the close on 16 Oct 2026
Median P/E
7.9×
Median P/B 1.31×
Median dividend yield
2.0%
9 dividend payers
Median ROE
15.4%
Median net margin 12.5%

Sector leaders

Sector revenue and profit

Cement: combined revenue and profit by fiscal year Revenue Profit
Cement: combined revenue and profit by fiscal year Rs 1.13 tn -Rs 7 bn Revenue FY2017: Rs 306.3 bn Profit FY2017: Rs 61.3 bn FY2017 Revenue FY2018: Rs 328.1 bn Profit FY2018: Rs 58.2 bn FY2018 Revenue FY2019: Rs 356.2 bn Profit FY2019: Rs 38.1 bn FY2019 Revenue FY2020: Rs 333.8 bn Profit FY2020: -Rs 7.3 bn FY2020 Revenue FY2021: Rs 516.5 bn Profit FY2021: Rs 57.9 bn FY2021 Revenue FY2022: Rs 747.4 bn Profit FY2022: Rs 67.4 bn FY2022 Revenue FY2023: Rs 898.8 bn Profit FY2023: Rs 85.7 bn FY2023 Revenue FY2024: Rs 972.8 bn Profit FY2024: Rs 118.6 bn FY2024 Revenue FY2025: Rs 1.05 tn Profit FY2025: Rs 167.4 bn FY2025 Revenue FY2026: Rs 1.13 tn Profit FY2026: Rs 189.4 bn FY2026

Sum of the companies reporting each fiscal year (fiscal years end in different months for different companies); years with fewer than half the sector reporting are left out.

Cement companies

Sorted by market value; select a column heading to sort.

Cement companies on PSX
LUCK Rs 402.50 Rs 589.7 bn 6.6× 1.38× 1.2% 23.0% 13.7% Rs 89.0 bn
BWCL Rs 443.34 Rs 264.3 bn 10.3× 1.96× 9.0% 19.4% 0.5% Rs 25.6 bn
FCCL Rs 52.00 Rs 127.5 bn 7.9× 1.31× 2.9% 17.8% 5.3% Rs 16.2 bn
MLCF Rs 90.02 Rs 94.3 bn 7.9× 1.14× 0.0% 15.4% 24.0% Rs 11.9 bn
DGKC Rs 182.25 Rs 79.8 bn 6.8× 0.65× 0.5% 10.8% 11.4% Rs 11.8 bn
KOHC Rs 84.15 Rs 77.4 bn 7.2× 1.32× 0.0% 20.1% 2.7% Rs 10.7 bn
CHCC Rs 270.88 Rs 52.6 bn 7.3× 1.33× 2.0% 19.9% -3.5% Rs 7.3 bn
PIOC Rs 231.69 Rs 52.6 bn 8.0× 1.06× 0.0% 13.6% 15.8% Rs 6.6 bn
ACPL Rs 235.09 Rs 32.3 bn 9.5× 1.31× 0.2% 14.5% 33.1% Rs 3.4 bn
THCCL Rs 66.50 Rs 28.2 bn 11.8× 3.53× 0.3% 36.2% 22.9% Rs 2.4 bn
POWER Rs 21.07 Rs 27.2 bn 7.4× 2.36× 0.0% 38.2% 15.1% Rs 3.8 bn
FLYNG Rs 32.85 Rs 22.8 bn 25.7× 1.77× 0.0% 5.2% 148.0% Rs 638.5 mn
GWLC Rs 44.70 Rs 17.9 bn 7.6× 0.64× 0.0% 8.7% 13.7% Rs 2.3 bn
FECTC Rs 92.50 Rs 4.6 bn 7.0× 0.91× 4.3% 13.7% 12.6% Rs 663.4 mn
DCL Rs 9.12 Rs 4.4 bn — 0.18× 0.0% -3.8% -4.1% -Rs 967.8 mn
SMCPL Rs 39.40 Rs 985.0 mn 7.9× 1.99× 7.6% 26.7% 34.8% Rs 125.3 mn
DBCI Rs 10.48 — — — 0.0% — — —
DNCC Rs 19.27 — — — 0.0% 2.4% 17.5% —
ZELP Rs 0.44 — — — 0.0% — 276.1% -Rs 281.3 mn

Compare Cement companies

Cement sector: frequently asked questions

What is the P/E ratio of the Cement sector?

The median P/E of Cement companies on the Pakistan Stock Exchange is 7.9× at the latest close, counting only companies with positive earnings.

Which is the largest Cement company on PSX?

Lucky Cement Limited (LUCK) is the largest by market value, at Rs 589.7 bn.

Which Cement stock has the highest dividend yield?

Bestway Cement Limited (BWCL) has the highest yield in the sector, 9.0%, based on its last annual dividend of Rs 40.00 per share and the latest close.

Which Cement company is the most profitable?

Lucky Cement Limited (LUCK) reported the largest profit in its latest annual results, Rs 89.0 bn for FY2026.

How many Cement companies are listed on PSX?

Smart Money has financial statements for 19 Cement companies listed on the Pakistan Stock Exchange.

Information only, not investment advice.