Karachi: The Annual Report for the fiscal year ending June 30, 2026, reveals a significant performance improvement for Attock Cement Pakistan Limited, driven by strengthening macroeconomic stability and increased demand in both domestic and export markets.
The report, released on September 1, 2026, underscores FY2025-26 as a pivotal year, marked by a gradual recovery in Pakistan's economic landscape, fostering improved business confidence. This economic stabilization, characterized by moderated inflation, reduced policy interest rates, and a stable exchange rate, has contributed to a favorable environment for industrial activities, according to the company's Board of Directors.
The Pakistan Cement Industry South Market reported a total dispatch of 15.0 million tons for FY2026, reflecting a 6% increase from the previous year. Specifically, domestic dispatches rose by 3% to 6.8 million tons, while exports experienced a significant 9% growth, reaching 8.2 million tons. The figures, sourced from the All Pakistan Cement Manufacturers Association (APCMA), highlight the industry's recovery and growing demand for cement, particularly in infrastructure and housing sectors.
Attock Cement's financial performance for the fiscal year further underscores its operational success. The company reported a 33% increase in net sales, totaling Rs. 44.32 billion. Gross profit rose by 52% to Rs. 12.09 billion, and profit after tax nearly doubled, increasing by 97% to Rs. 3.42 billion. This financial growth is attributed to higher dispatch volumes and improved pricing strategies.
According to information available from the Pakistan Stock Exchange (PSX), the company achieved a significant increase in production and dispatches. Cement dispatches rose by 12% to 1.49 million tons, and clinker dispatches surged by 41% to 2.02 million tons, marking the highest-ever clinker exports for Attock Cement. These achievements were driven by improved domestic demand and strategic expansion in export markets.
The company maintained its focus on cost management and operational efficiency, which played a crucial role in enhancing its profitability. Despite increased electricity and water costs, Attock Cement managed to maintain stable production costs through higher plant efficiencies and the increased use of alternative fuels. The company also reported a 3% rise in gross margin, reaching 27%.
Attock Cement's strategic priorities include optimizing energy and resource utilization, with a continued focus on enhancing energy efficiency and leveraging renewable energy investments. These initiatives align with the company's broader environmental objectives and contribute to its cost competitiveness.
The company's marketing strategy, centered on the FALCON brand, remains concentrated on strengthening customer relationships and maintaining product quality. The brand's strong market presence is viewed as a critical competitive strength in navigating changing market dynamics.
As Attock Cement looks ahead, the management's focus will extend beyond volume growth to improving productivity, optimizing costs, and enhancing overall business performance. The Board remains committed to sustaining operational stability and strengthening the company's competitive position in the evolving market landscape. The report concludes with an emphasis on building organizational capability and investing in employee development as essential components of the company's long-term success.
In the fiscal year under review, the company contributed Rs. 13.77 billion to the national exchequer through various taxes and statutory levies, alongside earning approximately US$ 85 million in foreign exchange from export proceeds.