Karachi: Fecto Cement Limited has disclosed its financial performance for the fiscal year ending June 30, 2026, showcasing notable changes across its asset and liability metrics, as per its annual report dated October 5, 2026. The company, a key player in the construction materials sector, reported an increase in its total assets and liabilities, reflecting a period of substantial financial activity.
According to the financial statements, Fecto Cement's total assets rose to 9.52 billion rupees, compared to 7.97 billion rupees in the previous year. This increase was predominantly driven by substantial growth in current assets, which climbed to 6.09 billion rupees from 4.47 billion rupees. Key contributors to this rise included stock-in-trade, which increased from 2.09 billion rupees to 3.18 billion rupees, and loans, advances, deposits, prepayments, and other receivables, which jumped to 384.10 million rupees from 88.76 million rupees. The company also reported a significant rise in tax refunds due from the government, which amounted to 175.01 million rupees, up from 14.74 million rupees.
The company's non-current assets, however, showed a slight decline, standing at 3.43 billion rupees compared to 3.49 billion rupees in the previous fiscal year. The decrease was mainly due to the absence of investment property, which was valued at 102.26 million rupees the prior year, and a decrease in right-of-use assets from 25.26 million rupees to 5.25 million rupees.
Fecto Cement's liabilities also saw notable changes. Non-current liabilities decreased to 792.32 million rupees from 885.64 million rupees, primarily due to a reduction in long-term financing from a banking company, which fell to 447.63 million rupees from 562.56 million rupees. On the other hand, current liabilities increased significantly to 3.61 billion rupees from 2.53 billion rupees, driven by an increase in trade and other payables, which rose to 2.82 billion rupees from 1.86 billion rupees, and short-term borrowing, which increased to 548.99 million rupees from 384.41 million rupees.
According to information available from the Pakistan Stock Exchange (PSX), Fecto Cement's sales recorded a very large move, increasing to 12.50 billion rupees from 11.10 billion rupees, while the cost of sales also saw a significant increase, reaching 11.19 billion rupees compared to 9.26 billion rupees. The company's gross profit experienced a big move, falling to 1.30 billion rupees from 1.83 billion rupees the previous year.
Administrative expenses increased moderately to 519.87 million rupees from 432.39 million rupees, while distribution costs rose slightly to 146.55 million rupees from 139.77 million rupees. Despite these increased expenses, Fecto Cement reported a profit after taxation of 663.36 million rupees, up from 608.69 million rupees, reflecting a moderate positive move in its bottom line.
The company's earnings per share also showed improvement, rising to 13.22 rupees from 12.14 rupees, indicating a positive outcome for shareholders. Overall, Fecto Cement's financial results for the year demonstrate significant developments and a period of dynamic financial activity.