- FCCL is expected to announce a profit after tax of PKR 4,629 million (EPS: PKR 1.88) in 4QFY25, reflecting a remarkable gain of 292% year-over-year (YoY).
- During this quarter, sales are projected to reach PKR 23,647 million, indicating a 15% increase YoY. Gross margins are estimated at 40.72%, representing a 4.5% improvement YoY, primarily due to lower fuel and coal prices as well as enhanced cost efficiencies. The company’s investment in renewable energy has also contributed to this margin expansion.
- The average price of a 50kg cement bag rose by 11.62% YoY to PKR 1,412 in June 2025, up from PKR 1,265 in June 2024.
- Coal prices averaged USD 89.57 per ton in 4QFY25, down 6.3% quarter-over-quarter (QoQ) from USD 95.56 per ton in 3QFY25 and down 16.8% YoY from USD 107 (USD 107.70 per ton) in 4QFY24.
- The average discount rate was 11% in 4QFY25, a decrease from 20.5% in 4QFY24 and 12% in 3QFY25. This reflects a significant drop of 9.5 percentage points YoY and 1 percentage point QoQ. Consequently, finance costs are expected to decline by 52% YoY, further supported by a reduction in long-term borrowings from financial institutions.
- We estimate a dividend per share (DPS) of PKR 1.5 for the period, reflecting the company’s improved profitability.
- Local dispatches reached 1,182,533 tons in 4QFY25, a 2.04% YoY increase from 1,158,855 tons in 4QFY24. On a QoQ basis, this represents a 2.38% rise from 1,154,983 tons reported in 3QFY25.
- Export dispatches surged by 45% YoY to 201,605 tons in 4QFY25, compared to 138,889 tons in the same period last year. However, on a QoQ basis, exports saw a significant increase of 426.86%, rising from 38,265 tons in 3QFY25.
- Courtesy – AHCML Research
