Karachi: Fecto Cement Limited has presented its financial results for the fiscal year ending June 30, 2026, reflecting a mixed performance marked by both rising revenues and increased costs. According to the report dated November 11, 2026, the company recorded a net revenue of PKR 12,495.3 million, an increase of 12.60% from the previous year's PKR 11,096.9 million.
The company's financial year 2026 witnessed a significant rise in the cost of sales, which surged by 20.80% to PKR 11,190.4 million compared to PKR 9,263.6 million in FY2025. This rise in costs was attributed to a higher volume of sales and increased coal costs, with the average cost of coal consumed rising by 13.0% per ton. Despite a big move in capacity utilization, reaching 85.06%, the retention price per ton saw a decrease of 5.63% to PKR 14,675, impacting the gross profit margin.
Fecto Cement's gross profit fell to PKR 1,304.9 million, a decrease of 28.82% from the previous fiscal year. The gross profit margin declined to 10.44% from 16.52% in FY2025. According to information available from the Pakistan Stock Exchange (PSX), the market share of Fecto Cement demonstrated a slight increase, with an overall share of 1.69% and a Northern market share of 2.40%.
Despite these challenges, Fecto Cement's profit after tax rose by 8.98% to PKR 663.4 million, bolstered by a one-off gain of PKR 273.3 million from the sale of investment property and a reduction in finance costs. The earnings per share mirrored this increase, reaching PKR 13.22 from PKR 12.14 in FY2025. The company announced a 40% annual dividend, with no bonus or right shares being declared for the year.
The financial overview revealed administrative and distribution expenses increasing by 16.47%, driven by higher salaries and legal costs, while finance costs saw a substantial decrease of 37.36%. Other income increased significantly due to gains from property sales and returns from an associate, contributing to the overall profit before tax, which decreased by 19.20%. The levy and taxation charges also saw a notable reduction of 54.98%, resulting from lower profitability.
Overall, Fecto Cement Limited's financial results for FY2026 highlighted notable shifts in various financial metrics, reflecting the challenges and opportunities faced by the company within the market.