Karachi: Dewan Cement Limited released its financial disclosures for the year 2026, underscoring its commitment to Shariah-compliant business practices. The report, dated November 10, 2026, provides insights into the company's financial activities, as mandated by the Companies Act, 2017. This follows the amendments introduced in August 2024.

The company reported a revenue of 24.99 billion rupees for 2026 from Shariah-compliant activities, marking a substantial increase from 21.41 billion rupees in 2025. According to information available from the Pakistan Stock Exchange (PSX), this reflects a significant move of 16.74%.

In terms of financial assets, Dewan Cement disclosed short-term Shariah-compliant investments amounting to 737,000 rupees in 2026, a decrease from 816,000 rupees in 2025. Non-Shariah short-term investments were reported as 67,000 rupees, showing a minor move from 66,000 rupees in the previous year.

The company maintained Shariah-compliant bank balances of 83.70 million rupees, an increase from 59.26 million rupees in 2025. On the liabilities side, Shariah-compliant long-term borrowings remained constant at 250.00 million rupees, while non-Shariah borrowings slightly decreased to 1.51 billion rupees from 1.54 billion rupees.

Dewan Cement's advances for investment in term finance certificates showed stability with Shariah-compliant advances at 500.00 million rupees and non-Shariah advances at 2.41 billion rupees. Short-term borrowings were reported at 329.16 million rupees for Shariah-compliant and 250.00 million rupees for non-Shariah categories, both unchanged from the previous year.

The company's profit and loss statement highlighted a reduction in profit earned from Shariah-compliant bank deposits, down to 3,556,000 rupees from 9,564,000 rupees in 2025. There was a loss of 78,000 rupees on the remeasurement of short-term investments, contrasting with a gain of 271,000 rupees in the prior year. Rental income from Shariah-compliant sources increased to 20,834,000 rupees from 16,324,000 rupees.

Dewan Cement maintains relationships with several Shariah-compliant financial institutions, including Meezan Bank Limited, Dubai Islamic Bank, Allied Bank Limited Islamic, and Bank Islami Pakistan Limited. These affiliations highlight the company's dedication to operating within Shariah-compliant frameworks.