·        AKD Cement Universe profitability increased by 2%YoY in 2QFY26, primarily driven by sharp decline in finance cost

· Companies with presence in the South region, i.e., LUCK and DGKC, reported profitability growth on higher prices and easing coal prices.

·        FCCL profitability remained flat YoY, as higher other income and lower finance cost offset the impact of weaker retention prices. While PIOC, CHCC, KOHC, and MLCF profitability dropped by 9%/11%/17%/25% YoY, respectively.

·        We maintain a positive outlook on the sector, supported by demand recovery, with LUCK, FCCL, and DGKC  as our preferred picks.

Full Report

https://research.akdsl.com/639078067037941994.pdf

Courtesy – AKD Research